Quote from: Kemarit on February 22, 2017, 08:09:39 AM

Quote from: Pursuer on February 22, 2017, 07:38:50 AM

Quote from: n0ne on February 22, 2017, 07:24:07 AM

Quote from: bering on February 21, 2017, 05:48:48 PM

indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above

Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.

what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.

Bitcoin is at its all time high right now. One big factor is the ETF, thats why a lot
of investors are pumping into the bitcoin ecosystem. Just imagine if the ETF is
approved millions or probably billions could be injected into the bitcoin marketplace
which will send bitcoin price surging to 2000 USD.

If not approved, then the price will fall but not that much I think. We will probably
experience a few ups and downs but the price will be steady at the range of 900-1500
at the end of the year.

but the ETF money is already in bitcoin, it is not going to come in after approval and it will not exit after rejection. they have already injected the money into bitcoin while it was cheaper and nobody was watching.

if ETF is approved other people may find out about bitcoin and want to "directly" invest in it and cause a price rise and also the hype of the approval can raise the price.

and the rejection also doesn't have that big a effect to be able to break the $1000 resistance at this point. i say that is highly unlikely.