WANBANGCOOL (OP)
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April 17, 2018, 05:49:12 AM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
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Fulmand
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April 17, 2018, 07:36:40 AM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
All I can say is this just a clear message that bitcoin is not a hoax or scam that many people are stating. Clearly they are wrong with all their speculations that bitcoin will die off soon. And clearly this shows that contrary to what they are saying that bitcoin will continue to drop but instead the price increases and it has stayed in that price for weeks now. I believe that the price wilL continue to rise and will make people losing faith in it due to the naysayers to rekindle their belief. Also with the recent price posotive movement many new investors will join the cryptocurrency industy.
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zhekinsp
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April 17, 2018, 12:08:48 PM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
First of all no one can predict the exact prices even the CEO of blah blah too. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But normally the crypto currency prices will starts to recover from April so that is also happening in this year too and there is a rapid price increase happened recently about $1000 price bump in 30 minutes.So it doen't looks like a normal bump so there are chance for price fall too but defenitely the bitcoin prices will recover but time needed for that is unknown.
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vickybitcoin
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April 17, 2018, 01:32:37 PM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing!
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xIIImaL
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April 17, 2018, 04:03:00 PM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing! Along with this I have noticed the thread which shared about the Chinese government's positive move about bitcoin made me happy today. I think we can expect the 10k USD before this month ends out. Yesterday I see 200 USD dump in the market and today all the cypto currencies value recovered in the market. Hope we will find the bitcoin price reach the second time peak value even in this year as well.
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tora
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April 17, 2018, 06:12:20 PM |
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Bitcoin,and most other cryptos, has been rising recently although at a slow pace. I think a continued,but steady, rate increase will be better than the surge experienced last year.
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hugeblack
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April 17, 2018, 06:21:41 PM Last edit: April 17, 2018, 09:16:14 PM by hugeblack |
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Bitcoin is traded within a symmetrical triangle, medium hovering at $ 8,000 and a peak at $ 9000 and a bottom at $ 7,000 and $ 7500. I do not think that Bitcoin will leave this triangle soon unless some good news as the lightning network and the laws of regulation. Everyone said taxes are the cause of this rise, but it does not seem to have a long-term impact[Do not expect mad rises soon]. Just keep HOLDING.There is no reason to sell
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just_Alice
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April 17, 2018, 06:45:08 PM |
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The market is definitely recovering, but we can't make any predictions yet, as Bitcoin has been steadily increasing for only a week now. I think there might be another decline, due to newbie investors, who bought BTC in Dec-Feb 2017 and then lost money, but didn't want to sell it while it was too low. They may think that it's the highest point now and sell out everything.
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Lucas Riley
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April 17, 2018, 07:23:11 PM |
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I still think we will test the 8400 mark before heading back down to previous lows of 5800 ish, hopefully at that point Elliot waves theory comes true and the descending triangle we see forming on the 1day chart will explode. This is my hope anyway
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DigitalFox
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April 17, 2018, 08:23:32 PM |
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It's too early to make predictions yet, there is no stable growth trend. We'll hugely depend on the news.
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ahiaba.john@yahoo.com
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April 17, 2018, 10:34:30 PM |
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I actually know from many predictions that bitcoin price will not totally fall. So the rate at which bitcoin is now is never a surprising thing. This could be the begin of price rises of the market value of bitcoin.
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Armstand
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April 18, 2018, 03:58:11 AM |
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The market is definitely recovering, but we can't make any predictions yet, as Bitcoin has been steadily increasing for only a week now. I think there might be another decline, due to newbie investors, who bought BTC in Dec-Feb 2017 and then lost money, but didn't want to sell it while it was too low. They may think that it's the highest point now and sell out everything.
We can make a prediction at least based on our own understanding and target price of the market. Putting expectations may only be our resort to at least hold on to it. But don't put too high expectation that will make you sick whenever it didn't happen. Be realistic.
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pooya87
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April 18, 2018, 04:17:05 AM |
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Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again.
i disagree with your title and this line here. the price went up fast not "continuously" which shows the buy support is standing on the lines to jump in rather than being in already and buying bitcoin. and as we can see from past 2 days price is stuck around $8000 and is currently below it most probably because someone doesn't want it to rise so they keep selling into it and crashing it down. also about the "make alive again" comment i have to say bitcoin is alive the rest not so much. we can see they are all red again ever since bag holders started taking their money out.
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barbara44
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April 18, 2018, 01:20:57 PM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
The price got up, but I don’t really see any rapid move from the way it moved, it was moving slowly. It even dropped down to the price rate of $7,900 yesterday night and before today it got up to $8300 again. But that’s no problem, cause this is a sign that we are going for something huge again. I know that some people will still end up quitting, but I won’t really blame them, not everyone has the courage it takes to withstand what you see in this. Those that usually fell off are those who were more interested in the money, but ain’t getting it. If you’re the greedy type, it won’t work for you… This is not free money, you gotta work for it or buy it.
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bitbunnny
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April 18, 2018, 01:34:48 PM |
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Honestly, I don't expect some rapid movements of the price, at least not in the upcoming period. Although the Bitcoin price is hard to predict and many factors could intiate sudden change I think that in the next couple of weeks the price will remain in between 7500$ and 8200$, don't think it will go further than this. For some biger signs of price recovering we will have to wait for a while.
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BillCoin
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April 18, 2018, 02:55:51 PM |
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I doubt that it is a turnover as there is not really a reason for this price increasing so fast. And we all know what happens, where there's no reason for bitcoin's price increasing so fast, it usually drops badly.
We can see a strong resistant point at about 8,400$, this resistant point won't be broken unless something special happens. People already got used to this price range, and seems like they are willing to sell at any point above 8500$.
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myhoho
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April 18, 2018, 03:05:00 PM |
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Bitcoin is now drawing an decreasing triangle and this is scaring me. I hope its going to break out to the positive side but it must go over 10000 usd to proove thi smovement. lets wait and pray for bitcoin
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1Referee
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April 18, 2018, 03:43:41 PM |
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Bitcoin is now drawing an decreasing triangle and this is scaring me. I hope its going to break out to the positive side but it must go over 10000 usd to proove thi smovement. lets wait and pray for bitcoin
What is there to be scared about? Whatever happens, it's not within your capabilities to do anything about it. Instead of getting scared of a potential scenario, make sure you are prepared for what has to come. The thing is that whatever technical analysis is pointing out right now, only requires a bunch of whales to troll everyone by making their precious technical analysis become a near worthless indicator in a very short time. Let the market do whatever it is going to do; it has nothing to prove and nothing to deliver to anyone. I definitely get it that people aren't yet comfortable with current market, but there is no need to exaggerate the situation either. I can comfortably watch how the market moves either up or down, because each direction means a good outcome for me. People worrying about the market to go up are stuck in a situation where they purely depend on one single outcome, which is never a good way to approach the short term market. If you're not a trader, then it's entirely pointless to focus on what the market right now is doing. Either trade the market how it comes, or just hold your coins and focus on the long term. Pretty simple.
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abayan
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April 18, 2018, 03:46:22 PM |
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Bitcoin continued its rise as last trading day on April, 13, and broke through $8000. Bitcoin value has been going up continuously recently, which makes the market of cryptocurrency alive again. The data showed that the turnover of Bitcoin achieved 10 billion dollars this week, while the average turnover per week was 5 billion dollars in the past.
Although Bitcoin is recovering, industry sources predict that Bitcoin price will go up continuously. The CEO of CoinShare, Danny Masters claimed that the market of cryptocurrency will recover, because more and more blockchain technique will be commercial, which increases the investors’ confidence.
In a few months, the price of Bitcoin declined by 65% compared with the end of 2017. Many factors lead to underselling, and the time for revenue is one of the reasons. Because the capital gains taxes of taxpayers are more than the predicted number, Bitcoin owners found that they have to sell more property to pay the taxes.
Yes it is and i am very happy with this positive movement of price. When it suddenly reach to that price many were speculative that is just a hype but for weeks now the price stayed strong at 8k and has not drop contrary to what the negative speculations are stating. I can feel that the price is really increasing! Along with this I have noticed the thread which shared about the Chinese government's positive move about bitcoin made me happy today. I think we can expect the 10k USD before this month ends out. Yesterday I see 200 USD dump in the market and today all the cypto currencies value recovered in the market. Hope we will find the bitcoin price reach the second time peak value even in this year as well. Wow! This is totally great. We've been thinking about China being against bitcoin in their country, and now they have positive remark about bitcoin. I believe that they have seen the opportunity it offers to a lot of company now. We are very happy to know that bitcoin changes the perspective of the Chinese that made them decide about bitcoin.
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AK47-
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April 18, 2018, 04:03:03 PM |
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But this growth of Bitcoin price was not gradual but sudden. This isn't a sign of organic growth. I doubt if this is an actual growth and not artificial, deliberately done by some big holders o exchanges. I don't think market has really recovered from the bear phase and now will continue in bullish. Regarding increase in daily turnover, we always see such increase when a price moves up because traders start putting in their money out of FOMO.
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