BTC rallies to 5000 USD, biggest gainers and losers + Opinions on that

in bitcoin •  7 years ago 

Everybodys watching BTC, trades close of 5000 but didn't touch the base yet.

4936 was maxed on BitFinex for now.

On such rallies usually other coins are all red, but not this time.

Biggest Gainers


LTC obviously due to Lighting Network transaction (those that will make you buy coffee and not overpay), ETC as a brother of ETH always gets its times. NAV is a coin that always comes back from dumps, PIVX is DASH fork and actually other forks are doing good too. ARK is something LISK a like, and LISK had great gains lately. ICN have been dumping for last days, but China has moved it up.

Biggest Losers


MCO was supossed to make Visa cards, but now its official - Visa is not affiliated with them. Im not surprised its dumped. district0x will be delisted from Bittrex due to legal issues, so that is a sell too. GAS is going down with NEO but i think both coins will come back. Tierion still needs more exchanges, for now trades on HitBTC mostly. Byteball is a great coin and has those cycles of going up and down, its still looking for its price.

Conclusion

Dont panic, keep trades going. This time despite BTC pump people are not going out of all their altcoins. What does that mean? Decide for yourself ;)

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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It's already all the way back down to $4,500 but that pump was exciting. I wander if next time it climbs that high if it'll be able to maintain and keep the slow climb.

Benchmarks like this often lead to corrections after a pump but as long as it doesn't fall too far, it'll reach it and surpass it more stable next time.

I remember when bitcoin was just at $20 and everybody was in the chats every time it increased/decreased by more than $2 all the way up past $140 at which point the $ shifts throughout the day got a bit more volatile.

You can get a crypto millionaire with my articles.

Was watching when it ticked over $5k! Then got slapped back down... The daily plus or minus on my Bitcoin balance is getting intense these days! haha

Lol, I just stepped into actual trading myself and am stoked to see the market moving so intensely.

Where will it reach to? Nobody knows just yet haha.

It's cool to see all the altcoins going for big rides as well. Lots of money to be made.

I could not see when it hit the 5k. How much time was it in $5,000, until the automatic triggers were pulled and went to $4,500?

  ·  7 years ago Reveal Comment

PIVX is a Dash fork? Why even use it then, didn't they disable darkspend or whatever on Dash?

Nav seems interesting, like a more obscure coin mixer, with segwit activated, and PoS with 5% annual interest.

DASH is PoW then there was EXCL then PIVX and theres also TX CRW and few others

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Thanks for sharing this great content. :)

Yeah

Many people says it is a bubble and gonna brust falling to $1800~2500
Will it happen?

Other way around, some people say that it may touch $10,000 or above by this year end. We can more concentrate on making on short term profits and leave the market after that. I can recommend you one channel for free trading signals on telegram and their results are awesome. Check it on t.me/alttips

Why are the blocks so small?

Hey @kingscrown
Nice work !!!
I'm a newbie in this world but i like it and take my time to learn...
Some expert already talk about bitcoin going to 5000 in december
It's very exciting
@geemo-from-paris

Not just $5000 but the prediction is to cross $10,000 or above by this year end. This could be best in this week to buy bitcoin since it is falling down to $3500-3600 range after nearly touching $5000 mark. You can follow < t.me/alttips > above free telegram channel to know more trading secrets for free initially.

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Cant believe the rise of bitcoin the impact it is having its even more amazing because none knows the inventor Satoshi Nakamoto

I think that was the whole point. There are rumours that Satoshi Nakamoto might be a group of individuals as well. But the point was in blockchain it is the system that matters and not the individual. TRUSTLESS.

Very true, its even more amazing that no one has taken the credit yet too

I am a novice in the cryptoworld. Steemit has been looking quite happy this week as well. Does the Bit Coin surge offer any significant clues to the future status of Steem Power?

It will help drag the value to go up, but keep in mind Steem is independent to other crypto.

Follow me @Yehey
Thank you.

Many thanks, @yehey. Thanks for the reminder that what Bit Coin does has little to do with Steem.
Btw, for some odd reason the word crypto makes me smile. I guess it's because I've heard it discussed for years, and now I am officially a part of the cryptocurrency world.
Praise God!
Btw, You are welcome, regarding the follow..
Peace.

Moving your valid and topical comment up the comment thread and above the spam!

Many thanks! I believe this is something the developers might be trying to correct; because I have several of your post replies in my queue which have been grayed out...unreadable...
So, be aware, you are not alone with your frustration with scammer-spammers. What's the agenda for the spam?
Does it affect the true crypto value of Steem?

  ·  7 years ago Reveal Comment

Hi @dvapump I just joined your group in Telegram. Regards

district0x lost lots of value but seems silly that it was just due to this legal issue, they'll likely have more organic growth from now on, still holding

I for one am waiting for at least a 20% retracement before I start buying back

hope noone sold on the 10% btc dip

I remember Steem and other altcoins went up to 10-15 percent for every BTC 100 bucks move, now we didn't come to even previous maximum of 2.7. Is it because of a season? BTC grows despite all seasonal cases

Wow, 5k already! Not so long ago people were saying Bitcoin would never reach parity... with the dollar hahaha :)

And, there's still a long way to go! https://steemit.com/bitcoin/@cryptoeagle/cryptocurrency-wallet-users-vs-facebook-users-where-are-we-now-making-the-case-for-the-million-dollar-coin

Facebook vs Crypto.png

@cryptoeagle I won't concur with your thought.
Please check out my post on steemit vs facebook here
https://steemit.com/steemit/@mickyscofield/steemit-vs-fakebook-oops-facebook

I think September is for FACTOM, Sia, NEO, XEM

ETC gets its times as a brother of ETH? Yea well not so much for the past months, was only just recently that ETC was getting it's times due to being a brother of ETH.

This is a miracle for me! :))))))

The cypto world is really full of surprises but one has be very watchful in times like this. We might be sitting on gold and not know. All we have to do is wait and do not make panic-sales. Great and informative posts @kingscrown

Nice mention of byteball. The next distribution in Sept 6th.

yeah so we can see some moves ;)

LTC will be HUGE it will reach 100$:)
this the start of a very strong coin

Probably tomorrow, lol.

Could it reach $400 this year? https://steemit.com/litecoin/@coinmonkey.com/litecoin-to-usd400-within-60-days

i think soo

The entire crypto space is crazy! No rational at all...even worse than stocks..

You have to research each token, individually, and really get an understanding of it - who created it, who supports it, how it is mined/maintained, and what are people using it for? You have to know which tokens will maintain their demand for future transactions. The top 10 cryptos, maybe top 20, are solid. If you bought some of all of them & waited a couple of years, you'll be a big winner. Some - a minority of them - will fail, have trouble, and/or fall - but most will rise. Once you know what a coin is, what it's used for, and how to trade in and out of it - you're in a great position to be able to make some profits.

It seems like it is going to hit 5k sometime soon.
I can't believe the huge growth in such a short amount of time.
Looks like the holiday season is over and investors are pumping into the market

Bueno si esta a punto de llegar a 5 mil $, con la implementanción del segWit ayudo a que las transacciones fueran más rápida y eso ha ayudado al incremento del valor del btc

as soros said btc hit 5k. and if they are right about the correction it will go back to 3k.

This post received a 20% vote by @minnowsupport courtesy of @kingscrown from the Minnow Support Project ( @minnowsupport ). Join us in Discord.

Upvoting this comment will help support @minnowsupport.

  ·  7 years ago (edited)

Is @kingscrown a "minnow" ?!?! Does he need minnowsupport? This seems kind of strange to me. 0.o

I mean, I don't recall seeing any real minnows getting 20% upvotes.

I think it will be cross 5000$ in monday

After rallying to 5k, the whole market has retraced and this is a GREAT time to purchase more cryptocurrencies. Buy the dip!

Let's make it happen 5000 tonight :)

sounds like good :D

I've been in crypto for a month so please take this into consideration with my comments, but from my perspective we have a lot of different people playing this game, short and long term investors, miners, speculators, fund operators and people earning a living with pay checks, dividends and other interactions happening now in the crypto world, if we didn't see some movement I would be more concerned than with what I see today.
Keep investing and enjoy your earnings.

In short in my opinion if you want to make it rich quick, buy a lotto ticket.
If you want to retire early with a buttload of mooola, invest wisely into crypto currency.

Best of luck everyone,

BEEEEEEEEEEEEERCULES!

Run as you may! You cannot escape...the Almighty Bunghole!

Coins on the discount rack now. Im buying!!

Con la implementación del segwit era mas que obvio que el btc se encaminaba seguir creciendo por eso los grandes inversionista no se desesperaron y para mi opinión este seguirá creciendo en su valor

Yeah I'm happy and angry because I bought 10 BitCoins on ~3500$ and sold them at ~4800$ so big percentage but I'm also angry because I didn't buy more.

I see a lot of posts of bitcoin reaching new highs. Now it's crashing like other coins, that ended fast. No new post on the price declines though.

What do you think @kingscrown about the rumors of BTC hitting 8k-10k by the end of september, start of october?

Nice post!

2 months ago people were saying btc was going to correct and come down to 1500. now everyone is saying up.. be cautions.. we know that every run btc has its 10x then back down to 2x. so yes 10 k is possible, but back to 2k is after the run. Its just the pattern of btc.

  ·  7 years ago (edited)

Truly anything is possible in cryptoland. The rules really dont apply right now when it comes to future prediction as well as most would have you think. Which is why theirs so much miss information. Truth is this, the more people that learn about it and get involved, the higher the value. And on a global scale its just now scratching the surface, new developments are now abroad creating more uses and more attention. Until a better technology replaces it, the sky is the limit, and none of us truly knows what its capable of reaching, or when.

looks totally possible :)

If the volatility remains on Bitcoin, then other coins will go into growth and be sure Steem !

0ooooooooooo intresting

U5dtmwZVaBTZHfRbUHkFPcnCW8K4QNw.gif

In the crypto world there is no place for panic and emotions...

is BTC a PUMP or growth due to security and potential? I am considering buying a small top up even though it is at a high, as it will likely continue, as it has since $3500 - it has been my way to buy a little every month, and i would hate to stop when it has worked so well in the past.

  ·  7 years ago (edited)

whales shifting money here and there pumping one at a time, if you see the 24 hour trade volume fluctuation it's not natural, Monaco had same case,dry up gullible investors. (whales sending wrong signal) IOTA, NEO, Civic, Status, Adex are on the ignore side, i'm sure they all will rise when others will go down, having said that would bitcoin go to the moon, of course!!! would i buy? i must be out of my head, rather accumulate ones on IGNORE LIST as i have mentioned above.

I guess BTC will cross 5000 USD soon, its value might rally up to 10k as well. However, I have no trust in the technology due to the slow transaction time and expensive transaction fee. Correct me if I am wrong.

It'll improve on transaction time. Right now there is some entity that has set up an exchange where they send huge quantities of Bitcoin between 2 keys to bog down the transaction times. Vin Armani talked about it recently on his podcast. I think this is the episode:

Let me know what you think!

Why do you care that much about what it trades at? If you're really in on crypto, you want it consistent and slightly growing so that it can be SPENT! I'm not here for speculation. I'm here to take back our currency, our internet, our voice. This is what crypto offers. Stop the speculating and start spending!!!

Wow!! BTC to $5000?! isn't it like a dream coming true?!.. well, I believe it can reach $10,000 by 2019 now!!

Glad ETH isn't on the losers side...

I moved part of my money into it because I can top-up my crypto card (this is clear link but
you can use my ref link if you want) without paying the higher BTC transaction fees....

But well, even if it was on the loser side it won't matter... I believe in crypto as long term profit project.

I am LTC, BTC, and ETH and, of course, Steem.

nice portfolio!

Thanks...been sticking with the big boys to get my foundation in place. Might add some spec plays later but with the returns on LTC, ETH, and BTC, who can really complain.

Looks good trading days :-)

finally monaco is collapsing! TenX is the way

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Another milestone for BTC. As the total volume of BTC stays at 21M coins, why not buy and hold your coins for the long haul. Trade the new tokens since their prices are still relatively low and there could be plenty of room for growth.

Thanks for the stats and great post @kingscrown I can see BTC climbing to 10k easily.

That sell wall at $5000 was huge!

quality articles .. keep your business working for everyone.

I'm as thrilled as anyone else about the gains, but I urge everyone to remember that nothing goes straight up. The overall trend will be up for sure, but there will be dips and falls - make sure you don't get hurt mistaking short term spikes for long term moves!

Thanks for the nice weekly summary. At the end of the day, it's the coin holder that will decide the price ;)

A selloff will happen both BTC and altcoins, the market needs a correction before an END OF THE YEAR RALLY!
Not because of the panic but because it is time to get some profits! Those ALTS with the strongest fundamentals wouldn't feel so much pain but still, we're heading to a deep correction...
STEEM ON my friend nice post!

Cool PST @kingscrown very informative

Read somewhere that on bitfinex exchange shorts out number longs on bitcoin possibly makin for a short squeeze higher

Esta muy interesante me gusta, pero está muy largo el post.

Saludos desde Ecuador :)

Lot of good information...

This BTC moonshot is creating some serious FOMO. My aunt called today asking if I could sell her some bitcoin. LOL

that is crazy :)

Those who still haven't bought BTC lost a good amount of money and I lost millions of dollars from March 2012 till today! I wish I would have bought some BTC's from my first salary, it was selling at $5 at that time.

You still have time to earn those dollars again. Start trading now in this market and you can recover this loss.. ;) You can try this channel for free trading signals on telegram and their results are awesome. Check it on t.me/alttips . Give it try with a small investment... All the best

very good

It is exciting to see this. So close yet so far. It should reach $5K soon. By the way, which cryptocurrencies do you advise me to buy besides the coins with big market cap?

This is mind blowing stuff fair play!!!

bitcoin is insane

Yeah, this is INSANE. It jumped from so little on the beggining of the year!!! Still can't believe.

@kingscrown sir, what do you think about the Flashcoin growth?

nice

PIVX is a Dash fork? Why even use it then, didn't they disable darkspend or whatever on Dash?

Nav seems interesting, like a more obscure coin mixer, with segwit activated, and PoS with 5% annual interest.

This post has received a Bellyrub and 0.45 % upvote from @bellyrub thanks to: @kingscrown. Send SBD to @bellyrub with a post link in the memo field to bid on the next vote, every 2.4 hours. Be sure to vote for my Pops, @zeartul, as Steem Witness Hope you enjoyed your bellyrub!

I think we could be on the base (perhaps still building the next few months) of another big push upwards. Looking at 2013 data, I see no signs of a bubble (in Bitcoin metrics) yet: https://steemit.com/bitcoin/@wekkel/bitcoin-usd5-000-nope-still-no-2013-bubble-yet

So, hold on and sit tight.

could not see when it hit the $5,000. However, once that happened all the automatic triggers well pulled and it went like $500 down very fast, right?

Congratulations @kingscrown!
Your post was mentioned in the hit parade in the following categories:

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some alt's did really well than what expected good to see the eth rising again after two months of great fall :)

If Bitcoin keeps pushing the limit skyward, where oh where will it settle?

Oh, by the way, http://fuk.io is a pretty funny address :)

Nice exposition into what coins are good to quickly flip into profit. I'm all positive about Gas and Neo any day.

all the fost you show I love really @kingscrown

all the fost you show I love really @kingscrown

After the climb and skipping 5000, many traders will rush to buy the currency and be recognized daily by the banks and subject to the reality and will fly high

Ya it works @kingscrown I support you man

Follow me, I follow back! :)

Great info brother, I'm sure this time tomorrow we will be over $5000 and in all honesty I can't see the stop at the moment. In 2020 when the next block halving happens I estimate a $10,000 price. I'm no expert so please don't roast me... PS - I've added you to my follow list :)

  ·  7 years ago (edited)

x

I bought 1 bitcoin when it was at 2,000. Should I not mess with it and just let it grow?

Great post. I think a couple further crypto's that presents good buying opportunity right now are BAT (Basic Attention Token) and OMG (OmiseGO).

BAT is run by Brandon Each (created Javascript, Firefox, & more), and their browser should be integrated with BAT by the end of this month if all goes as planned. If they even take limited marketshare the coin could pop to $1.00+

OMG also has their network and digital wallet launching sometime this year (Q4) which should cause a dramatic spike. Palm Beach Group estimated it could reach 30 and stated on a traditional P/E basis its already worth $55-56 a coin, while currently trading at $10/11 in a downward trend with the market.

Great day for buying all!!!

Thank you for the good news @kingscrown
There will be a lot of good news from now on.

great post! :)

Its cooling off now..Twiddling fingers here over whether to buy in or wait for some correction..Watching bitcoin is fun from the sidelines but investing and being in there checking up every hour is the good fight..:)

Fantastic .... so happy I jumped in and nought $100 back in May. Nest Investment ever so far.

LTC and Charlie Lee doing the business. VERY intrigued by the prospects of Litecoin!!

your post is very nice, full pack of knowledge and very attractive :-)

It's just another pump...it will go down again,and probably up much more with time. :)

In a rising trend it's easy to be a propeth and just tell People to buy. Untill it's not a rising trend :)

All we have to do is wait and do not make panic-sales.

Nice opinions and replies here, good start for a starter..!!!

  ·  7 years ago 

Any insight why EOS price is going down so much? Someone said it's because Chinese government issued warning on ICO. And some exchange platform like ICOINFO have suspended any new ICO for now. What's your take on this? Thanks

So close... should get BTC some nice media attention

Which will help the self-fulfilling prophesy by getting a bunch of speculators into the market

Nicely written. I see the bitcoin at 10.000 early 2018 and im sure we will see 500.000 at a time not to far away maybe 5 years.

Appreciate these daily/state-of-crypto posts. Keep it up!

very cool!

Great post.
Check out my latest post on STEEMIT VS FACEBOOK
https://steemit.com/steemit/@mickyscofield/steemit-vs-fakebook-oops-facebook

CommentWealth trolls for trolls and spams the spammers... please be aware @mickyscofield that consistent spam comments like yours might eventually result in flags, which hurt your reputation and earning potential. Linking to your own posts in another Steemian's comment thread is really bad form. Next time, try engaging with the author in a way that builds true community here on Steemit!

Good update. Unfortunately the holiday made it go down a little bit!!