Why is Bitcoin still rising 2017? - Programmer explains by ivanli

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bitcoin · @ivanli · Oct 12 '17

$14.02

Why is Bitcoin still rising 2017? - Programmer explains

Bitcoin has seen a huge increase in price. We have reached a new Bitcoin all time high (ATH). Today we talk about the reasons behind this rise and try to draw some conclusions. We also talk about whether it's too late to invest in Bitcoin. What are your opinions about this development?

https://www.youtube.com/watch?v=5ppWdD4o09o

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@bania · Oct 12 '17

This is good for the cryptocurrency industry generally and all i use to see in my dream last year was a fast rising bitcoin price that never look/came down and it now reality. Maybe because i had my first big bitcoin holding then :)

I would also say its never late to invest in bitcoin until it's actually late. I will be watching that video right away after this comment and maybe come back after then to edit this comment.

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@beckleys · Nov 11 '17

I have  studied technical analysis price movement for over a decade and with bitcoins price trend, the only place its moving to is up. Its still definitely not late to invest at all this is just the beginning. Over a decade ago Berkshire Hathaway  stock price was just a little over a $10,000 and now it costs over $275,000. The second best time to invest is now!!!

👍 beckleys

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@connorhcranston · Oct 12 '17

keep up! Its going to be great telling all my friends and families when i become a crytpo millionaire in 1 year. ahh the good life!

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@haejin · Oct 12 '17 (edited)

$0.59

Nice video. Following and upvoted! Yes, the Seg2x could cause the crap to hit the fan, especially if something goes wrong with the fork. However, I'm a Technical Analyst counting Elliott Waves and my chart shows an expanded flat correction as probable:
![](https://steemitimages.com/DQmXZHh6kfFu2ndNvGTaBBpA3LhrJWRDKLQfKBiotQ8QxWs/image.png)

👍 luisneira, adamantine, hippo

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@adamantine · Oct 12 '17

$0.04

There is no way this is happening, the only direction Bitcoin is going is up. The long term average trend line price for Bitcoin now is $3500, making it only around 50% above fair value now. In past bubbles it's been over 1000% above. This bubble is going to get absolutely insane before it ends! 🚀

👍 adamantine

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@haejin · Oct 12 '17

$0.03

I see.

👍 adamantine, hippo

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@luisneira · Oct 13 '17

$0.54

Could be... 2 forks are coming, fud can come from many unexpected places, although the overall trend is up, a huge correction always happens

👍 luisneira

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@kevinwong · Oct 12 '17

Nice going. Great work getting on the talks :)

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@sainaa · Oct 13 '17

**Is there anyone who is both miner and investor in cryptocurrencies? What would be your advice to someone who is thinking about trying mining instead of investing? Is it even worth it at the moment? (After doing research I made a conclusion that it's better to invest but I still, want to hear from the people who are experienced in both fields. )**

👍 sainaa

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@techwizardry · Oct 12 '17

$0.69

Putin, the biggest money launderer of them all, is "concerned" about money laundering with cryptos??

Putin himself has probably launder more money in the pasts few yeasr than shady bitcoiners ever will in the next 100 years.

👍 gridcoinman

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@tony10 · Oct 17 '17

Hello Ivan.
Thanks for all the videos, I have been working through them on youtube and have learnt so much from you. 
I have 2 questions that I who love to hear your thoughts on.

Q1 -If there is a fork creating 2 coins Do you see this as 100% inflation?
Q2 - Do you think that it is likely that a new coin from a fork will out compete the original coin thereby becoming dominant over time? 
Followed and Upvoted
Thanks

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