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❕NEWS Bitcoin's Price Now At $11,000 After Square's Huge Investment

NoLimits15

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Bitcoin's price pushed past $11,000 after Square company bought $50 million worth of bitcoins, and the price is around $11,059 at the time of writing this. Bitcoin also has a market cap of $203 billion now. However, trading volumes for bitcoin have not gone up. What do you guys think of this price increase? Will it drop again??
 
I think after increasing it will downfall a little bit again
Because peoples heard this news and influenced. These publicity issues made good impact for crypto price increasing.
 
Yeah the increase is welcomed development but as you mentioned will it drop again. I will say yes. You know with bitcoin nothing is certain with it whether it's price or value.
 
I never for once doubted the capacity of bitcoin to keep increasing . This is why i will always support bitcoin investment more than any other investment
 
I think after increasing it will downfall a little bit again
Because peoples heard this news and influenced. These publicity issues made good impact for crypto price increasing.
Oh so when people heard they were investing they use that opportunity to withdraw their BTC from their wallet to earn profit
 
Oh so when people heard they were investing they use that opportunity to withdraw their BTC from their wallet to earn profit
I won't rush to withdraw my Bitcoin now until it crosses 12k value because I bought at 9k value and I won't want to earn less profit by withdrawing now
 
I won't rush to withdraw my Bitcoin now until it crosses 12k value because I bought at 9k value and I won't want to earn less profit by withdrawing now
Yeah that's you but other people might not do the same some will still go ahead and withdraw all their bitcoin when there is little increase
 
Ofcourse . Online investment is a choice we all have to choose the one that suits us best . As for me I prefer long term investment with Bitcoin alone
 
Oh so when people heard they were investing they use that opportunity to withdraw their BTC from their wallet to earn profit
Yeah! There are many people who needed just this little increase in bitcoin price to sell their bitcoin for the fear of probable fall in price later.
 
Yeah! There are many people who needed just this little increase in bitcoin price to sell their bitcoin for the fear of probable fall in price later.
Such people are just for making short term profit so when they get any signal of any investors that are planning to invest they quickly invest and then withdraw
 
The inflow of more investors into bitcoin will definitely not bring down the price but the investors are on hold and miners flood the market it will crash
 
Such people are just for making short term profit so when they get any signal of any investors that are planning to invest they quickly invest and then withdraw
I feel these sets of people are contented with the little profits at each time and they move on to their next trading cycle with btc or the altcoins.
 
I feel these sets of people are contented with the little profits at each time and they move on to their next trading cycle with btc or the altcoins.
Yeah they are contented because it's better to make little profit than to make huge loss at the end , that's just it
 
Yeah they are contented because it's better to make little profit than to make huge loss at the end , that's just it
I couldn't agree more. Those type of short term traders are more for the immediate gains. They don't tie up funds in just a coin for so long.
 
The inflow of more investors into bitcoin will definitely not bring down the price but the investors are on hold and miners flood the market it will crash
Yeah. I agree with your view . Investors even when they sell their coin have little effect on the market unlike when miners sells their funds . The bottom line is to be at alert and to sell when the piece is right
 
Bitcoin has crossed 13k now and it's rising steadily. The rich are good in taking risks while the less privileged keeps on speculating. They must have seen something in Bitcoin to invest such amount of money.
 

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