Good news! Bitcoin Price Breaks $10K Barrier

[Patient_Permission]

Consider that 1 PHash/s costs ≈$269.36 per day on Nicehash. Bitcoin's current mining power is 80.000 PHash/s, costing ≈21.548.800$. It would take 430 days or ≈9.265.984.000$ to rewrite bitcoins history and claiming all bitcoins for oneself. Bitcoins marketcap is $187,606,765,357 so the difference is ≈178.340.781.357$. Thing's don't trade at a premium to cost of production for long..

[serjent05]

I doubt one knows where it will go for the upcoming days.
No one can predict it accurately.

Better to just HODL your bitcoin if you are having any doubts into selling them. That is the best part about it.
But I do know this is not the highest we could get. One more year or maybe by the end of this year, you will be seeing a really better value.

No one can predict the market accurately but the current $10K barrier broken by the market proof that the market will experience some temporary surge in price next week and for the bitcoin day traders it a wonderful move.

True that but often times TA give a hint on the next price of Bitcoin since to many intitutional traders TA had been a norms and they follow it.

However, there's nothing bad in selling for a quick profit while buy back when the price dump cause the dip market is not yer done.

Most of those who bought at cheaper price will sell but I doubt someone from the buyer of $9k plus will exit sell at this price.  There is some positive vibes both from speculation and TA that price will go up for the next months so I guess most of these recent buyers will wait for that to happen.

[bryant.coleman]

Nobody can agrree with me but i think LTC halving is approcahing and it may be affect the price of BTC. This is my opinion

LTC has been in a bullish mood for the last 3-4 months, as the users were anticipating a push from the block reward halving. However, its exchange rate against Bitcoin went down heavily last month (similar to all the other altcoins). The psychologically important level of 0.01 BTC per coin was breached in July and currently LTC is trading at 0.0089 BTC per coin (and this is after achieving an exchange rate of 0.0171 BTC per coin two months back).

The overall mood in the altcoin market remains depressed. After a brief lull, the Bitcoin dominance is increasing once more and all of the alts are going down against BTC (including LTC). Just two days to go for the LTC block reward halving and the coin is down 5% against BItcoin today.

[babysweetTiger0401]

Wow, popular cryptocurrency bitcoin price breaks $10k barrier after having a fourth bullish day in a row.

Will bitcoin price increase in the upcoming days?

At the moment Bitcoin according to coinmarketcap was 10, 806$ each. I hope this will continue to up.
However when I opened the coinpedia its not found appeared. I knew Bitcoin will rise we just don't know when
will happen because of the volatility of Bitcoin.

[hisuka]

The price of bitcoin already achieved of 10k$ we just hope it will continue to rise. Difficult to predict about the price in the market but this is a good signs for all of us who believes in bitcoin.

[ethereumhunter]

Will bitcoin reach the latest ATH again?

It will reach the latest ATH soon, and you don't have to worry. But unfortunately, if you ask when it reaches? The answer is no one will know. We could only prepare for the time, and we can buy as much bitcoin from now so we can sell at the ATH. I see bitcoin price now stays at more than $10k, and soon, it will reach a higher price and slowly, the price will reach ATH.

[lobster88]

Everytime I heard for the Bitcoin good status here in the crypto currency community, it gives me chills as well as excitements. For me to heard that bitcoin goes up, keeps on giving me motivation and hopes to comes up again and again even how it turn out like the last time it hits a so down in sight of the graph. But I always have the vision that will eventually brings to a properous community.

[shoreno]

Meh. Don't just say it is a good news.

We cant really consider this as a good news because this was only a usual event that happens all the time   . im not happy anymore to see the price recovering to 10k or 11k but my happiness will only trigger if the value returns to 18k usd again same on the year 2017    .

Will bitcoin reach the latest ATH again?

It will reach the latest ATH soon, and you don't have to worry. But unfortunately, if you ask when it reaches? The answer is no one will know.

We can  . there are events that claims that btc can reach verry high  . forking and halving could be the examples   .

[CryptoBry]

Its time to decide for bitcoin.there are 2 ways.we brake here to 13k again or back to 8k.both options possibilities are equal for me.lets wait and see

I am hoping that this time the direction will again be towards the $13K level again but all of these hinges on whether the bull side is strong enough to withstand any pressure from the bear zone. Well, Bitcoin has been behaving this way for a long, long time. That is why we always say that every dip can be a good opportunity to hoard more and if one is trading then it can be a chance to make some quick bucks. Let's see how the market will be developing in the weeks ahead of the month of August which is considered by some as a ghost month.

[pundit]

This time the level $13k shall break, Bitcoin is already in bull run for last few months, I saw this price movement to $9.5 from $13k as usual retracement before a rally. Along with it ETH and LTC should also on bull run. This is just my analysis not an investment advice. Bitcoin is very volatile and is risky investment, although I see next level of Bitcoin at $14K but the same it it can get back to 8K.

[Naida_BR]

Wow, popular cryptocurrency bitcoin price breaks $10k barrier after having a fourth bullish day in a row.

Will bitcoin price increase in the upcoming days?

We struggle a lot even with those bitcoin price increases.
The market seems unstable as the bitcoin value goes up by altcoins do not move to the same direction. Unfortunately, I have a feeling that we are going to go down again as alts don't show they are alive.

[Vishnu.Reang]

11k is the next important lvl

I don't think so. 11K was achieved many times during the past few weeks, and the price movement showed no major resistance level or support at 11K. IMO, the next major target is going to be 20K, and we may witness this level by the end of this year. But first, Bitcoin needs to move past the current levels (9K-11K), as we are witnessing a weakening of the bull run in the market.

[Murat]

It's going around 11K already, I'm so happy to see bitcoin price increasing again. Actually, I thought on 2019 bitcoin will break Its all-time record 23K but now I don't think that will happen. Because we saw many ups and downs this year. Also, the price was stable for a couple of days and now finally it has begun to increase. I think 15K would be a decent price for bitcoin until 2019 ends.                   

[iamverybusyperson]

what you so happy about? volume is very low
no buyers, just 1 big order on sell and it's all gonna crush

[rdluffy]

Breaking the barrier is one thing, holding and keep rising is another thing.
But don't get me wrong, i'm happy about it and i hope btc keeps rising

It's very important for sure, but I consider we had a solid 9.6k USD last month, and it's goos that BTC hits 10k in the beginning of August
I hope BTC continues to rise, but solid, slowly, not a pump

[Moiyah]

Yup Bitcoin has received strong support at $9k to bull back at $10k. Bitcoin has arrived back with its bullish move by breaking the barricades of $10k.

And because of that, bull run started  with $10k price. Indeed a good news for a hodler like me. My indicators saying it may still perform bullish trend so let us just be optimistic and wait for that time. Whether it will continue to pump this month slowly or surprisingly sudden rise since it broke the $9k resistance.

[Taskford]

Even though we are struggling to reach a new ATH I think it is good for bitcoin to just climb up slowly to avoid what happen last year. Many get into FOMO that time and many were rekt when it did a huge correction. Good thing I've sold at $16k at that time and not bought again.

[nicecrypto]

Yes! that of course will happen, because Bitcoin is at the center of all attention, furthermore Bitcoin will gradually recover and may reach $ 15k price by the end of the year.

Yeah because nearly everyone in crypto is high on btc crack! as long as the hype is there, price keep surging upward everyone is happy and btc will keep dominating the entire market, hell! what else can you wish for
i look forward to a crypto space where tokens/coins can actually serve a real life purpose not just dominance in price only.

[bryant.coleman]

There won't be a big price movement, until we get some clarification on the Libracoin situation. Contradicting statements are coming from the FB staff, with some saying that the plans to create Libra might be scrapped. The regulators in the United States are not very happy with their plans, it seems. Another issue is that many of the foreign nations have expressed their reservations in allowing Libra, which will be backed up by assets denominated in the US Dollar.

Anyway for me, it is not going to make much of a difference. If Libra is shelved, then it is going to benefit Bitcoin by removing a major competitor from the market. On the other hand, if they move ahead with their plans, then we will be witnessing billions of new cryptocurrency users by 2020, and at least some of them are going to shift to Bitcoin in the near future.

[bitcon]

i think price will side way until next week.

It is a very good sign. Thus, we can hope that Bitcoin can do impossible again and go to the Moon. Suppose, 20 thousand cannot be expected, but 14-15 thousand is a reality. I am waiting eagerly for these times as I have invested in Bitcoin almost everything that I had. I believe the crypto number one and I think that it will be used globally very soon.