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Author Topic: Bitcoin surpasses $19,000 on Coinbase!  (Read 2771 times)
CPN94 (OP)
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December 07, 2017, 04:29:25 PM
 #1

UP TODAY ALONE 52.84% or $6,609.90 (at time of writing).

Is it only me, or is a nearly 55% daily increase seem to be a bit dangerous?
Caesar-Giulius
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December 07, 2017, 04:32:01 PM
 #2

It is not you only, I am seeing the same. Yes the price increase is shocking but good for us.

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Re3urst
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December 07, 2017, 04:35:14 PM
 #3

It is not you only, I am seeing the same. Yes the price increase is shocking but good for us.

Its only a paper gain unless you sell. So, not good.
ranggawulung
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December 07, 2017, 04:37:30 PM
 #4

UP TODAY ALONE 52.84% or $6,609.90 (at time of writing).

Is it only me, or is a nearly 55% daily increase seem to be a bit dangerous?

Of course, after such a strong growth there will be a long and no less severe drop in the price of the currency. This is the law of the market and for such events everyone should be prepared morally.
bitcoindusts
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December 07, 2017, 04:40:40 PM
 #5

It is really surprising how Bitcoin price increased this fast, I never imagine this, though I know it will be increasing but not this kind of phase. It was just around $11k the other day now it is more than $18k. What worries me is the correction after but oh well I think we have to take advantage of this stuff now.  Buy on Dip sell on increase.

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coin163
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December 07, 2017, 04:49:18 PM
 #6

This one hour bar spiked to a high of 19,697  and a low of 16,505
Maybe this coinbase feed on marketview is wrong
And this happen make coinbase :
Quote
Coinbase is currently down for maintenance. Please try again later or see our status page for more information.

https://bitcointalk.org/index.php?topic=5245436.0

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Rana590
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December 07, 2017, 04:51:53 PM
 #7

I can't believe it. It is unbelievable moment for bitcoin. I think it is dangerous for Bitcoin. Increasing price in huge amount is not good condition for bitcoin.
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December 07, 2017, 05:03:48 PM
 #8

i think it was another whale manipulation of the market. i am expecting a dump now. possibly for a short time and maybe a small percentage but a dump nonetheless.

it is a good scheme to make some quick profit anyways, you manipulate the market and then when it goes higher you start selling to cause some panic. and we know market is very ready for a mass panic now. and something like that can initiate it pretty easily.

There is a FOMO brewing...
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December 07, 2017, 05:07:39 PM
 #9

Say what now?! from 16.6K to 19K? That is one huge leap. I have not seen that though, i think it is just for a split second, could be a glitch on coinbase or something, but if that is the case if that huge leap actually happens it will surely be followed up with a huge dip. It is just to correct the price. A lot of people are selling now at 16K hence price dropped back somewhere between 14K to 15K.
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December 07, 2017, 05:08:43 PM
 #10

A dump won't be a surprise those who are following Bitcoin this year, I think before 2018 it will rise above to 20000 Usd and turn back from there to 17.000 usd.  But my 2018 forecast is 100.000 Usd (not just hit and decrease, steadily stay in that line)
So keep hodl! Smiley

coin163
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December 07, 2017, 05:14:47 PM
 #11

BTC shooting for 19k on coinbase, all those new users they are signing up are buying like crazy.
People now feeling FOMO with it. and on the day of future trading it maybe more crazy tan like this

https://bitcointalk.org/index.php?topic=5245436.0

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Bytem3
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December 07, 2017, 05:16:17 PM
 #12

Bitcoin price is dropping. Going for correction IMO. It will prolly settle for $15,000 - $16,000. $40,000 in 2018 doesn't seem far away anymore Smiley



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December 07, 2017, 05:17:32 PM
 #13

A dump won't be a surprise those who are following Bitcoin this year, I think before 2018 it will rise above to 20000 Usd and turn back from there to 17.000 usd.  But my 2018 forecast is 100.000 Usd (not just hit and decrease, steadily stay in that line)
So keep hodl! Smiley

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December 07, 2017, 05:19:17 PM
 #14

Coinbase is currently down for maintenance.I can't log in at this moment.BTC reached big it's such a amazing thing.
BTC big holder now rich man.At the end of year it will be touched 20,000$ i believe it possible.
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December 07, 2017, 05:26:56 PM
 #15

I am not saying that Bitcoin price won't rise more but seeing this much increase in price in short time worries me a little because definitely dump is incoming sooner or later and then stupid media will damage the image of bitcoin calling it 'ponzi' again.The problem is Bitcoin price can still be manipulated by big hodlers.We still need strong adoption from people to reach stable price for long time.This adoption will take years but will eventually happen. Smiley

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December 07, 2017, 05:30:11 PM
 #16

This morning made me lol.  I put in sell orders in at 17k, 18k, and right above 19k (19,027) on coinbase.  It was pretty hard to get orders in since their site was crashing.  Knew it wouldn't sustain itself for more than a couple minutes.  Or, I could be the stupid one by missing a major piece of news that hasn't hit?

BTC purchases/sales are currently suspended on Coinbase at the moment... we'll see if they actually honor the orders and transfer the $$ to my bank account...
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December 07, 2017, 05:36:53 PM
 #17

Coinbase is currently down for maintenance.I can't log in at this moment.BTC reached big it's such a amazing thing.
BTC big holder now rich man.At the end of year it will be touched 20,000$ i believe it possible.
I am trying to access coinbase as well but can't, the same thing appears. BTC reached to a new ATH it's really funny and crazy moment for all the people involved with BTC but at the same time this increase is now fearing me of what is going to happen next.
The BTC price was expected to go high but not with such a speed that is has gone and I am sure it's is going. I am very much worried about it because it is going to damage the stock market and this may result in a worldwide ban on BTC.
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December 07, 2017, 05:56:52 PM
 #18

i think it was another whale manipulation of the market. i am expecting a dump now. possibly for a short time and maybe a small percentage but a dump nonetheless.

it is a good scheme to make some quick profit anyways, you manipulate the market and then when it goes higher you start selling to cause some panic. and we know market is very ready for a mass panic now. and something like that can initiate it pretty easily.
I think the market conditions like this have often happened, raising the price to generate selling interest then when the price has gone down the big players bought up in the bottom price.
But many small traders are good at reading this condition because this condition has happened so often, so the price will keep going up. I think this is to shake up the price of altcoin, because every bitcoin price rises, altcoin prices definitely fall down.

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December 07, 2017, 06:02:23 PM
 #19

Coinbase is currently down for maintenance.I can't log in at this moment.BTC reached big it's such a amazing thing.
BTC big holder now rich man.At the end of year it will be touched 20,000$ i believe it possible.
I am trying to access coinbase as well but can't, the same thing appears. BTC reached to a new ATH it's really funny and crazy moment for all the people involved with BTC but at the same time this increase is now fearing me of what is going to happen next.
The BTC price was expected to go high but not with such a speed that is has gone and I am sure it's is going. I am very much worried about it because it is going to damage the stock market and this may result in a worldwide ban on BTC.

Coinbase not accessible , servers down during a rally ? What a surprise!!! /sarcasm off.

They have the habit of pulling the plug exactly when a correction is about to happen. And miraculously they manage to amplify it and screw everybody that was trading at the moment. At least they are not bankrupting shorter like bitfinex did the last time.

But honestly, if you're trading right now you're already past god level, nerves and balls of adamantium so a 2000$ swing should not even mother you.I'm wondering if we're going to see a major correction before 20k or we will just go through the wall maybe even tonight.
Funny times to be a holder with all the coins safe in your wallet and no intention to sell.
I imagine the stress of the guys rushing their coins to exchange and not getting a place in the blocks.


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khan149
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December 07, 2017, 06:36:57 PM
 #20

It is really amazing.Bitcoin will really increase this way, it is really unimaginable.I think Bitcoin will be $20k$ this year.I already got double profits.Bitcoin changed my life. Bitcoin is the best of all.
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