The price is out of control

[farhan28]

Yes the price is out of control...but I don't care... I am always wishing for more...the more the value,the more my balance....& my payment will be more...so I wish it will reach 50000$ 

[Minerxoxo]

No one knows how high bitcoin possibly can go. I've been following Bitcoin long time and back in 2011 also mining with my computer.

First: Never saw it can go this high. Now it has proved its possibility and people are intresting about more and more of it, I feel happy because it can claim or/and show the new way as payment option.

Second: HOLD dont try to make fast profits people. It's going move a lot in next 2-5 years but. You're not losing your investments. HOLDing is best support for cryptocurrency. Hope the Banks also understand it possibilities not only underestimate it, because people are decided to adopt it already.

[Dark Sky]

People dont understand why the price increase by this fast speed , that let big place to suspicious sentiment and fear

People should invest their bitcoin in this time because bitcoin's price is going to more high in this time, sometime the price of bitcoin is down but actually its price is increasing and that is the good point for those who want to invest their money in bitcoin forum and I will be invest my some money invest in this forum, so everybody should read bitcoin and also join this forum.

[moooonu]

Bitcoin have shown unexpected growth this month. Everyone is talking about bitcoin whether its a bubble or not. When is it going to explode?
Also recently number of unconfirmed transactions have gone wild. around 175k unconfirmed transactions.

[ogini]

This is a good advice,am happy other persons feel the same with me,it is really risky investing on bitcoin at this point.

[Faxmate]

Bitcoin is making a HUGE statement today showing all the altcoins who the king of crypto is! . I'm expecting a correction anytime now. But then again, I have been expecting a correction since $5000. Its going to be the best christmas this year. Hurrrrrrrrrrrrrayyyyyyyyyyyyyy

We were expiating it because last year also bitcoin price become very high and this year also it go to very high position that is one of the quality of bitcoin that it never stay on one place and I’m sure that next week the price of bitcoin will go more high and thousands of investors will take a very huge amount of profit and for that my best wishes are with bitcoin all the time.

[Zekemporium]

I know that everyone gets excited when the price is increasing but you should probably think about this twice, those who don't have bitcoin yet, should probably wait a little bit more before buying, just to see how things will go in the upcoming hours/days and as for those who already have bitcoin, If you're hodler and you actually can afford to lose whatever you have then just continue to hodl otherwise, you may think about selling. In the meantime, I suggest reading the post by theymos on Reddit, very useful.

I agree with you. Price of bitcoin is growing like anything, and by considering its rate I wonder if it suddenly fall down. There are some chances to grow but we should only can guess. But in reality I scared by high rise of price which is not normal.

[Jmesser80]

I think there are a lo of reasons why bitcoin is currently going crazy, with the CME group trading futures in the coming days along with FOMO happening to those who have been monitoring the market thinking of getting there feat wet are seeing how quick BTC is gaining and want a piece of the action. I personally feel it will continue to rise and with small corrections and ultimatley will keep going up as new investors come in. Hoping it doesnt bottom out but I suppose anything can happen in the crazy world of crypto.

[hitrawal91]

I know that everyone gets excited when the price is increasing but you should probably think about this twice, those who don't have bitcoin yet, should probably wait a little bit more before buying, just to see how things will go in the upcoming hours/days and as for those who already have bitcoin, If you're hodler and you actually can afford to lose whatever you have then just continue to hodl otherwise, you may think about selling. In the meantime, I suggest reading the post by theymos on Reddit, very useful.

Yes you are right mate, the way the price of the bitcoin is rising in past few months have affected the mindset of the amateur traders and other's too as it made them difficult in taking investment decisions. There is excitement and fear too, but right now the uptrend is strong and i think you should not miss it as they make more money than consolidation phase of the market. By the way thanks for sharing the good post of theymos it is worthy enough to read and make those clear in our minds before taking any investment decisions.

[tmawheba]

I don't believe that the price is out of control. Still bitcoin is under control only the demand only create hike in price and I believe that bitcoin will sustain at the level of 10000 USD I predict that will be the bottom of bitcoin and from there bitcoin again start for next level with confidently.

[stompix]

I don't believe that the price is out of control.

Actually that is the main thing, the price was never under control.
Technically speaking.

But with the new rates in the exchanges and price going back slowly to pre-madness level should we calm down that the "bubble" didn't over inflate and popped far worse?
I don't know about you guys but I feel a lot more comfortable with a 10-12.5 price range than with a 5k gain in two days to nearly 20k.
The last thing I want to experience again was the constant drop day after day after the fall of gox.

[GreenBits]

I know that everyone gets excited when the price is increasing but you should probably think about this twice, those who don't have bitcoin yet, should probably wait a little bit more before buying, just to see how things will go in the upcoming hours/days and as for those who already have bitcoin, If you're hodler and you actually can afford to lose whatever you have then just continue to hodl otherwise, you may think about selling. In the meantime, I suggest reading the post by theymos on Reddit, very useful.

but people wont listen. it seems absolutely idiotic to buy in as a newbie at these price levels, given the risk of epic downtrend is a real thing. but, FOMO is also a real thing, and we are seeing a lot of that that the moment. new guys are coming in without knowing how volatile these markets can be, as well as how unpredictable they are. all it takes is another China rumor, or a misinterpreted SEC guidance, and this yar long bull trend cant reverse for how know how long


what goes up, must come down. sound advice folks. reciprocity is a real concept.

[Zuilhsa]

Despite of the exponential price growth people are having fear whether to hold or sell as the price is going out of control. We can see a strong upward momentum now so people are also in a hurry to buy coins but they have a fear too. Anyways it is better to think twice and take wise decisions according to the price movement.

[Zandar]

The more people learn about Bitcoin the more demand for it arises, so there is no such thing as out of control. The supply stays the same and as the demand for it increases the price keeps going up. Now some people that bought it at close to 20k$ are slapping themselves for it is now at around 14k$. But then again, in crypto for one to make money another has to lose it.

[Colt22]

Reaching nearly $19,000 on certain exchanges (it's trading for as high as $30,000) is getting a little concerning, there might be a pullback but even if the worst case scenario would happen, it's still good for the long-term run. Blockchain is here to stay.

The pullback already here, but it's what many people call correction, the price change is really significant from the price you mentioned above to merely $15,000 but speaking the truth
this achievement itself even after the pullback beyond imagination of many people in the start of this year, the price increase more than few hundreds is already a huge achievement.

There is no such kind of thing which is known as correction exist here the prices are fluctuation because people aimed to sell at the 15k and they are seeing the market flow that’s why they hold a bit and then sell to earn profit and the price in future will be much more higher than now and the coming time will fascinate the bitcoin investor because the uncontrolled nature of bitcoin will make prices unstoppable.

[digitalgame4life]

Price is out of control indeed, this is very stupid and ridiculous, investors from wall street coming in, this should never happen, because they are the people who now manipulate the price, also the better and rational projects/alts have to suffer from this nonsense, its time to give bitcoin to power and money hungry people and let the alts decide the best for the future.

[pureclckr]

This proves that Bitcoin does not need any help from either the bank or government. Bitcoin is decentralized that can make the price out of control, whether it will go up or down. Demand of Bitcoin is also very much because a lot of people are starting to believe in Bitcoin as best investment.

Bitcoin is amazing and we must appreciate ethic fact of bitcoin that it doesn’t come under control of any institution or government. This is the only reason for which bitcoin have progressed for fantastic against every other coin. There are altcoins too but the developers for bitcoin are going amazing job and thus we are seeing the emerging prices after every other hour.

[liangweicha]

I think the price of bitcoin has been going up all the time, and many people are very excited, but I am afraid, I am afraid that it suddenly fell down, so I began to sell the bitcoins in batches.

[multic2012]

Why just the price is out of control?The bitcoin is out of control!!!!Will grow even as there is supply and demand.If this were not so, then all digital currencies didn't exist with bitcoin

[Sihab76]

I do not believe that the price of bitcoin can go out of control. There are people who have a lot of coins. They can't release control over the pricing of their hands. As a result, they can lose a lot of money. It seems to me that they turned the pump on purpose. Perhaps speculators are afraid of futures and preparing to leave the market of bitcoin.

Bitcoin price is increasing /growing now at a alarming rate. It is really major issue of tensions that Bitcoin price rate is going to out of control. The accepted price rate of bitcoin may be $8000-$9000. but Bitcoin price now $16500