Daily: Bitcoin shoots past $11000, will there be a pull back?

in #bitcoin7 years ago

Bitcoin continues to push its all time high to new heights. When we see a pullback? Is bitcoin a Bubble?
0:47 Market Analysis
3:56 Japan’s BitFlyer Opens Bitcoin Exchange in the United States
4:54 EOS STAT (Single-Thread Application Testnet) Announced
5:47 Ethereum Price Gains Boost Nvidia GPU Sales

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Bitflyer opens to USA traders: https://www.cryptocoinsnews.com/japanese-bitcoin-exchange-bitflyer-opens-shop-united-states/

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That's the million dollar question!

I've got the answer...

HODL

There has to be eventually...right?!

I honestly don't know at this point. Maybe BTC is at 100,000 by the end of 2018, who fucking knows!

A 100k Bitcoin is gonna produce some fancy back drops... no more passenger seat of the car type posting, more like posting from that helicopter ride you’ve always wanted to go on! #allthewayup

I imagine 100k bitcoin would be very very good for Steem...but then again, who knows where the platform is heading. May get crushed by bots and spammers, I dunno.

Watching history being made has been amazing! The war is far from over and there will be ton of correction but the future of blockchain tech is inevitable and will be a monumental experience to be a part of!

Very well said. Agreed, monumental experience and here we all are.. right in the middle of it.

yes there is always at least 10-30% retracement after ath

who can stop it ! Ajit V Pai ??? Maybe lol

exponentially it can pump up to 12-13K

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Wow thats amazing

The correction might happen soon & I see the mempool & fees are increasing the past few hours. The media coverage about passing USD10K will lead to less knowledgeable money entering the market, bursting the bubble.

Then again, it's the end of the year & some traders want to meet their return targets for the year, not to mention some people want to earn some extra cash before the holidays. Plus, the CME will launch the bitcoin investment instruments within the next few days.