Bitcoin Reaches Toward $7000

[gwapo.zylle]

That would be possible to happen, we don't even know what will be the real happenings but we can predict by our own. The circumstances is in between and it depends on us on how are we going to go through it. Bitcoin is very known all over the world because of the high price and many people invested on it because they trust same with me.

[Elysian_ELY]

As we have seen the market fluctuate continuously, the bitcoin value is down, currently at a bitcoin price below $ 7000, this is an opportunity we can invest in. I believe it will soon recover and thrive and I hope by the end of 2018 it will reach $ 25,000.

Thats for sure.

[Elysian_ELY]

BTC is stabilizing. Which is a relief for day traders. This could be the lowest we see for the upcoming summer. FOMO will be setting in, and prepping for the summer holding.

These prices only come once in a while.

[ccamila]

bitcoin has lowered to $ 7000. The bitcoin market is no longer exciting. This is a good time to buy bitcoin. I believe in the next bitcoin will increase strongly again. Bitcoin will reach a new high of $ 20000. so people should buy bitcoin and i am also buying it.

[tdtduy]

Today, Bitcoin has raised to 8,000 US Dollars in a few hours. Then fell and stabilized at $ 7,700. Bitcoin prices will continue to fall in the coming days due to pressure from the US tax deadline. By December 2017, Bitcoin is valued at $ 20,000, so virtual money investors are required to sell Bitcoins to pay taxes. But after this period, demand for Bitcoin will be higher. And Bitcoin prices will grow again, albeit slowly.

[uray]

Today, Bitcoin has raised to 8,000 US Dollars in a few hours. Then fell and stabilized at $ 7,700. Bitcoin prices will continue to fall in the coming days due to pressure from the US tax deadline. By December 2017, Bitcoin is valued at $ 20,000, so virtual money investors are required to sell Bitcoins to pay taxes. But after this period, demand for Bitcoin will be higher. And Bitcoin prices will grow again, albeit slowly.

It was an unexpected rise and there was a good amount of buy order but does this rise really attributed to the tax day, why would people sell off their coins to pay the taxes, will see how the market will move after the tax period and will determine how the market responds, i hope Q2 be a good period for the market.

[LaitHonor]

But who prints bitcoins
NO ONE. This currency is not printed by the central bank and does not work according to its rules. Banks can issue as much money as they need to cover the national debt, thus devaluing their currency
On the contrary, the issue of bitcoins is possible only in digital form, and anyone can start mining, or, as they say, minkot bitcoins at any time. Mining bitcoins occurs by using the computing power of the computer in a distributed network. When transferring bitcoins, transactions are processed by the same network, turning bitcoin into an independent digital payment system

[TirionLannister]

A good day. On some exchanges, the price reached $ 8,000. But now the price is $ 7400. It is not yet clear whether the market has developed. We need to observe 2-3 days to understand this.

[peter0425]

Today, Bitcoin has raised to 8,000 US Dollars in a few hours. Then fell and stabilized at $ 7,700. Bitcoin prices will continue to fall in the coming days due to pressure from the US tax deadline. By December 2017, Bitcoin is valued at $ 20,000, so virtual money investors are required to sell Bitcoins to pay taxes. But after this period, demand for Bitcoin will be higher. And Bitcoin prices will grow again, albeit slowly.

It was an unexpected rise and there was a good amount of buy order but does this rise really attributed to the tax day, why would people sell off their coins to pay the taxes, will see how the market will move after the tax period and will determine how the market responds, i hope Q2 be a good period for the market.

For me, it's expected that we are going for a break out because TA shows that we have hit double bottom already and the only logical thing is to go up which we eventually did today. I'm expecting that around the 1st week will be a good test, however, it didn't happened because of so much resistance.

But now this is the moment we all been waiting for, maybe the tax period has something to do with it or not. But once things for sure, this is a good sign that the bears will go on a hibernation because the bulls is awaken, and will go for a run.

[karik1987]

What we are now seeing, while more like the so-called "short squeeze" - the closing of short positions of speculators

[mafitjulit]

Money does not grow on trees, but it happens that they grow up in blockhouses. Everyone can get additional coins, only by giving proof of possession of the bitcoins.

Some crypto-currencies, such as Stellar Lumens and Byteball, are trying to gain momentum by applying a new approach to the distribution of their virtual coins and attract new users, called "airdrop". At first glance, it may seem very unconventional, but it has its indisputable advantages.

Bitcoin currently enjoys the advantage of a pioneer. This means that it not only has the most users - tens of millions of people around the world, but also those who know more about this new technology than the average person. It was these users who made Bitcoin the most valuable network in accordance with Metcalfe's law.

So instead of competing with Bitcoin, why not lure the bitcoins themselves to try their platform based on the amount of funds they already have in the BTC? This would ensure not only wide coverage, but also put coins in the hands of people who could use them - especially while they "hold" their precious bitcoins as digital gold.

On June 27, Stellar launched its second airdrop, distributing 16 billion in the XLM campaign, which will last until August 27. Their first airdrop in October 2016, culminated in the distribution of 19 million lumens. In fact, Stellar's mandate is aimed at distributing 20% ​​of all lumens to bitcoiners for free. If you have bitcoins, then you can qualify for free lumens here. Owners of XRP can also participate in the free distribution.

How much can I get
Today, one lumen equals about 2 cents. If you have, for example, 10 BTC, then on assurances Stellar, you can get 9 866.83 lumens or about 200 dollars at today's rate. 100 BTC will provide you with a possession of 2,000 dollars in lumens, etc. To obtain lumens, follow the instructions. They include the registration of an account in Stellar and the signing of a message from your account of a new wallet to confirm the ownership of the BTC to a specific address at a certain point in time. This is similar to the signature of PGP, so do not worry - your private keys will not be disclosed to anyone.

Also you need to provide a Facebook account, although people who advocate for privacy should not have any problems (no one has canceled fake accounts yet).

Here is an example of how you can sign messages using the Trezor purse.

Byteball
Another altcoin, Byteball (GB), which currently trades at $ 570, is another crypto currency that distributes its coins to the owners of bitcoins. For every 16 BTC users receive 1 GB and for every 5 GB an additional 1 GB. To date, the company has already held seven hands of coins, and the eighth is scheduled for August 7, 2017.

Suppose you have 10 BTC. This means that you will receive approximately 0.625 GB or about 360 dollars. If you have 100 BTC, then you are shining more than $ 3,500. However, the Byteball coin distribution model is slightly different from the Stellar model. Although there is a message signed there and there. Byteball explains the procedure:

"To confirm your balances, install a wallet and talk to the transitional bot (you'll find it in the bot shop in your wallet). The bot will help you link your Bitcoin addresses and Byteball by making a micropayment or signing a message. "

If you keep your bitcoins in Trezor's purse, then here you will find full instructions on how to get free GB by signing the message.

[Gabb]

When you have the experience gained over several years involved in trading, one learns that the market does not stay all the time moving in major trends, but rather most of the time remains in these movements of low volatility ranges (maybe 80% of the time).

Therefore we must be patient because what is certain is that the possibility that the price continues to fall has been drastically reduced, and everything seems to indicate that the possibility of recovering the upward trend is only a matter of time.

[Dico88]

We can see the entire market fluctuating but still believe in a few months bitcoin will greatly increase. This is a time to buy and hold your bitcoin.

[AlexAtom]

https://www.ccn.com/bitcoin-price-moves-closer-to-7000-as-cryptocurrency-market-records-slight-gain/

For the time being, significant news on bitcoin and cryptocurrencies in general has been rather quiet lately. Lingering somewhat out of the spotlight, bitcoin has been given a chance to finally begin its growth again. As long as it remains untouched by major news and generally negative reports, it should be opposition free in its recovery. However given the current state cryptocurrencies are in, it is extremely hard to say that this is the end. For now it is one foot in front of the other for cryptos. As always, good luck in this hectic market.

Best regards,
The Elysian Team

Yeah, crypto was quite because it was falling at that time. but now, crypto not only toward $7k, it is even going toward $10k now!
seems like it is the time for bullish market. you can see its price by yourself on the coinmarketcap. most cryptocurrency are green.

[Dudeperfect]

I believe that we are done with the correction stage and now it is time to gain the momentum in the market. There are investors who are waiting for a positive signal from the market and we will see the upwards graph of the price. I am expecting the price to hit a fresh all-time high level before the next year. Institutional investors and big whales will also come back to exploit the opportunity but this time market will respond in a matured sense so we will see less FUD this time.

[Netnox]

It is showing a lot of resistance between $9,500 and $9,990 per coin. Also, we should remember that the Mt Gox trustee is dumping the coins under his control on a regular basis. If BTC manages to cross the $10K level despite all these obstacles, then it will be a great achievement.

[dbutp]

The market for bitcoin is always volatile. At times the price of bitcoin dropped below $ 6000 and did not increase again. But now, bitcoin is showing signs of recovery. The price of bitcoin increased to over $ 9000. This is a great thing for bitcoin investors.

[max fray]

Ha-ha, what would the topic starter retrospectively say if he saw that BTC today has reached 9,500?
The April "failure" was caused by a large sale of bitcoins - more than 13,000 BTC worth more than $ 100 million were sold from two anonymous wallets.
Somebody urgently needed money - and this lead to panicing on the market.

[hidustep]

its just the beggning ....it will long way to go

[Vart4varta]

Meanwhile, bitcoin has to compete with other crypto-currencies, from ether to lightcoin, their prices also grew by thousands of percent and were subject to sharp fluctuations. You can spend weeks studying the nuances associated with various crypto-currencies, but it's much easier to understand what the main risk for bitcoin is.