Bitcoin price to reach 2000 USD by the end of February 2014
Bitcoin price to reach 2000 USD by the end of February? Look at the graph above. Just in a couple of days we have seen a massive buy of Bitcoins pushing the price up to more than 1000 USD on Mt. Gox. When I was checking the prices today, I did not expect them to be even higher than they was yesterday. Usually after a big run, they tend to fall sharply until they rise again. This does not seem to have happened. I wrote a post yesterday describing why the sudden increase in the Bitcoin price happened. Gordon Geeko followed up with a more comprehensive analysis. As I am looking at the....
Related News
All day, it was working on that ceiling. The Bitcoin price ran up to $798 on Tuesday morning, and then stepped back, but the pressure was building… Bitcoin Price Hits $800. Then news came out on Zero Hedge of other indicators that Bitcoin price was gonna blow. I head out for a walk, I come back, and $800 is crushed, well before Christmas. I told my Mom, who became a new Bitcoin investor this summer, that BTC will reach $800 by year’s end, and now we’re here. Bitcoin has now reached its highest price point in almost three full years, since February of 2014, in the aftermath of the Mt. Gox....
More than half of bitcoiners believe the price of their favourite digital currency will reach $10,000 this year, a CoinDesk poll has revealed. 2013 was a turbulent year for bitcoin, with the price of the digital currency fluctuating between $13 and $1,147, but the bitcoin community largely thinks it will soar way higher than this over the next 12 months. A whopping 56% of the 5,500 people polled so far said they believe the price will reach $10,000 this year. Some 31% said they didn't think the price would rise to this level and 13% thought the notion of it reaching $10,000 was ridiculous,....
Bitcoin price hits a new high in 2016 and is now trading at figures unseen since early 2014, at a near 3-year-high. After a strong quarter that saw bitcoin price rally from the $600 mark in October to $700 in November before steadily increasing afterwards, the value of the cryptocurrency broke through the $800 to reach a high of $810 on the Bitstamp Price Index (BPI). That figure was achieved for the first time since February 5, 2014, when bitcoin price struck $809.48. Bitcoin is trading to the dollar at a new 34-month high. The surge began late Tuesday night (UTC). After a steady day of....
Respectonomy, a decentralized, self-moderated social network that will allow users to share content without any fear of censorship and be rewarded for it, has announced its initial coin offering for the month of February. The site is offering a 25% bonus on the first day, Feb. 1. The crowdsale seeks to raise 2000 BTC. The sale will automatically end when this cap is reached. The initial rate of the Respect token will be 0.0005 BTC (1 BTC to 2000 RES). Infinite Coin Supply. If the ICO does not reach its target, the amount raised will determine the number of tokens mined. The coin’s total....
2013 saw the price of bitcoin go from $13 to $266, then to almost $1,200 on the back of strong growth in China. There was a correction, as the Chinese government implemented policies to make bitcoin trading much more difficult, but the digital currency has since rallied and shown significant resilience in the face of adversity. Many believe the price of bitcoin will increase in 2014, with some Wall Street analysts even predicting it could reach almost $100,000 at some point. But what do you think will happen to the price in the coming year? Do you think the bitcoin price will hit $10,000....