Bitcoin Forum

Economy => Speculation => Topic started by: bitcoirnplaza on June 14, 2015, 04:26:53 PM



Title: Why are we rising? (speculation)
Post by: bitcoirnplaza on June 14, 2015, 04:26:53 PM
Is it maybe because some elite know that gimini and possible ETF will launch (very) soon ?
Just wondering..


Title: Re: Why are we rising? (speculation)
Post by: Alley on June 14, 2015, 04:34:05 PM
Dude its just a few bucks.  That's just normal market moving.


Title: Re: Why are we rising? (speculation)
Post by: bitcoirnplaza on June 14, 2015, 04:38:18 PM
13 bucks = 1300 dollars on 100 coins.


Title: Re: Why are we rising? (speculation)
Post by: LFC_Bitcoin on June 14, 2015, 07:34:57 PM
Any kind of rise is welcome, even if it just shuts the ridiculous trolls up on here.
I think the COIN ETF is still some time away from being regulated & released but the Gemini Exchange could begin trading in the next 2-3 months. Gemini will almost certainly have a positive impact on the price so I'd say every single bitcoin you can afford to buy now is a great investment as with the next halving only a year away I think we'll probably see at least a 50% price rise on what one bitcoin is worth today.


Title: Re: Why are we rising? (speculation)
Post by: Tzupy on June 14, 2015, 07:50:14 PM
The main reason for the small rise of bitcoin is the litecoin pump.

Plus the 3 million $ increase in swaps (that's about 13k more BTC that will have to be sold).


Title: Re: Why are we rising? (speculation)
Post by: Cconvert2G36 on June 14, 2015, 07:50:51 PM
Any kind of rise is welcome, even if it just shuts the ridiculous trolls up on here.
I think the COIN ETF is still some time away from being regulated & released but the Gemini Exchange could begin trading in the next 2-3 months. Gemini will almost certainly have a positive impact on the price so I'd say every single bitcoin you can afford to buy now is a great investment as with the next halving only a year away I think we'll probably see at least a 50% price rise on what one bitcoin is worth today.

Why would Gemini have any more/different impact than ItBit or Coinbase Exchange? People who really want a US based and compliant exchange already have options, and the volume isn't all that impresssive.

COIN trading on nasdaq probably would have an impact on the price.

The artificial 2.7 tx per second limit, and the intransigence of people on either side of the argument for raising it, is much more concerning for the long game. I don't see any substantive rally until that is sorted, which is good, because the network couldn't handle the traffic another bull run would generate in its current state.


Title: Re: Why are we rising? (speculation)
Post by: NUFCrichard on June 14, 2015, 08:08:52 PM
Hmm, you made me check the price!
232 isn't rising, 300+ is rising!

232 is near the bottom of a long and low decline, that hopefully will start to turn around soon!


Title: Re: Why are we rising? (speculation)
Post by: NorrisK on June 14, 2015, 09:01:43 PM
We were at 335 a few weeks ago. This is not really a rise, just normal BTC price fluctuations. They were a bit smallers lately, better get used to the old rythm.


Title: Re: Why are we rising? (speculation)
Post by: hZti on June 14, 2015, 09:09:04 PM
Still on a downtrend even if it is nice to see people already freaking out again :D


Title: Re: Why are we rising? (speculation)
Post by: jbrnt on June 14, 2015, 09:22:44 PM
We have not reached last month's peak of $245, or $260 in April. It's not a rise, but I would like this trend to follow through and volume to pick up some what. I checked Litecoin price, as someone metioned a pump. It is incredible Litecoin rose more than 40% in the past week.


Title: Re: Why are we rising? (speculation)
Post by: ajareselde on June 14, 2015, 09:47:00 PM
Still on a downtrend even if it is nice to see people already freaking out again :D

Implant a feeling of loss everytime bitcoin goes up and falls back down enough times, and when the real pump/hype begins , they won't know how to react until it's too late.
imho, if you are holding then hold, people shouldn't be so thrilled with few bucks of a price variation.

cheers


Title: Re: Why are we rising? (speculation)
Post by: bitcoirnplaza on June 14, 2015, 09:49:56 PM
Still on a downtrend even if it is nice to see people already freaking out again :D

Implant a feeling of loss everytime bitcoin goes up and falls back down enough times, and when the real pump/hype begins , they won't know how to react until it's too late.
imho, if you are holding then hold, people shouldn't be so thrilled with few bucks of a price variation.

cheers

I bought in 100 btc at 210-220 I feel great.


Title: Re: Why are we rising? (speculation)
Post by: botany on June 15, 2015, 12:59:47 AM
I bought in 100 btc at 210-220 I feel great.

Sold @ $6xx. I feel better :)

Well, you should get in @ 2xx and triple your holdings.
You will feel a lot better when it gets back to those highs.


Title: Re: Why are we rising? (speculation)
Post by: ajareselde on June 15, 2015, 01:48:03 AM
Still on a downtrend even if it is nice to see people already freaking out again :D

Implant a feeling of loss everytime bitcoin goes up and falls back down enough times, and when the real pump/hype begins , they won't know how to react until it's too late.
imho, if you are holding then hold, people shouldn't be so thrilled with few bucks of a price variation.

cheers

I bought in 100 btc at 210-220 I feel great.

I gotta say i envy you if that really true, used to have almost a thousand, but now even 100 bitcoins is a dream for me.
Many older users are facing the same issue, and that is part of a reason why i want to have as much as possible asap, to block possibility of higher prices that would cap. me even lower.
Sure hope im right tho  ::)

cheers


Title: Re: Why are we rising? (speculation)
Post by: Amph on June 15, 2015, 07:30:49 AM
only returning to the previous price, not actually rising, are you aware that we are still in the same fucking range since months

230-250, there is no movements, you can start talk about a rise when we increase above 250 at least


Title: Re: Why are we rising? (speculation)
Post by: randy8777 on June 15, 2015, 09:55:55 AM
only returning to the previous price, not actually rising, are you aware that we are still in the same fucking range since months

230-250, there is no movements, you can start talk about a rise when we increase above 250 at least

when there hasn't been any kind of movement in the price for some time, people start to get excited over a $5 rise. which isn't even worth being happy about.


Title: Re: Why are we rising? (speculation)
Post by: tyrexs on June 15, 2015, 01:32:35 PM
only returning to the previous price, not actually rising, are you aware that we are still in the same fucking range since months

230-250, there is no movements, you can start talk about a rise when we increase above 250 at least

when there hasn't been any kind of movement in the price for some time, people start to get excited over a $5 rise. which isn't even worth being happy about.

maybe that expression people, i'm happy to see bitcoin price increase $5. 2 month like not moving, i mean stable price


Title: Re: Why are we rising? (speculation)
Post by: Dilla on June 15, 2015, 01:40:58 PM
We were at 335 a few weeks ago. This is not really a rise, just normal BTC price fluctuations. They were a bit smallers lately, better get used to the old rythm.

A few weeks ago? More like months ago, we clipped $300s at the coinbase news a while back, but we haven't seen $330+ for 6 months


Title: Re: Why are we rising? (speculation)
Post by: pooya87 on June 15, 2015, 04:01:21 PM
if you look at the big picture the price is not really rising. it is just back at the price which it were two weeks ago. but it is still good to see the price at a somewhat fixed range of $220-$230.

ps. just wait a couple of days and we can see trolls coming up with bitcoin is dying again :D


Title: Re: Why are we rising? (speculation)
Post by: mrhelpful on June 15, 2015, 07:53:41 PM
if you look at the big picture the price is not really rising. it is just back at the price which it were two weeks ago. but it is still good to see the price at a somewhat fixed range of $220-$230.

ps. just wait a couple of days and we can see trolls coming up with bitcoin is dying again :D

what do you mean not rising?

and when you mention big picture, are you also referring to 6 years starting mark at price or no.


Title: Re: Why are we rising? (speculation)
Post by: bassclef on June 15, 2015, 07:59:26 PM
Because demand overcame supply.


Title: Re: Why are we rising? (speculation)
Post by: gogxmagog on June 15, 2015, 10:39:47 PM
I'm not considering anything a "rise" until we pass 300 and continue upwards. A couple of bucks is nothing. Business as usual.


Title: Re: Why are we rising? (speculation)
Post by: botany on June 15, 2015, 11:52:54 PM
I'm not considering anything a "rise" until we pass 300 and continue upwards. A couple of bucks is nothing. Business as usual.

There are so many bitcoin related websites which have come up. They need to publish articles on bitcoin and technical analysis, even when things are quiet. That is why you have such speculation.  :)



Title: Re: Why are we rising? (speculation)
Post by: ajareselde on June 16, 2015, 12:15:08 AM
We were at 335 a few weeks ago. This is not really a rise, just normal BTC price fluctuations. They were a bit smallers lately, better get used to the old rythm.

A few weeks ago? More like months ago, we clipped $300s at the coinbase news a while back, but we haven't seen $330+ for 6 months

Well time is relative when you're a trader i guess :). I'm betting that there will be much more of these small pumps before the real rise is to happen.
Going straight up without making a dip here and there isn't fun anyways - no profits to be made.

cheers


Title: Re: Why are we rising? (speculation)
Post by: techgeek on June 16, 2015, 12:20:27 AM
Its been rising in my view.

But thats just seeing from the value of zero to where it is now, and staying mid $200 is even better. Intially I dont think we`ll hit value of back to zero.


Title: Re: Why are we rising? (speculation)
Post by: pooya87 on June 16, 2015, 05:04:36 AM
if you look at the big picture the price is not really rising. it is just back at the price which it were two weeks ago. but it is still good to see the price at a somewhat fixed range of $220-$230.

ps. just wait a couple of days and we can see trolls coming up with bitcoin is dying again :D

what do you mean not rising?

and when you mention big picture, are you also referring to 6 years starting mark at price or no.
i meant if you look at the price change in the last couple of weeks. it had somewhat similar changes, the price goes down ~$15 and then comes back up ~$10 and then goes down ~$10 and again goes back up ~$12.
all i am saying is that, if price goes past these small changes then we can call it rising.


Title: Re: Why are we rising? (speculation)
Post by: EternalWingsofGod on June 16, 2015, 06:51:55 AM
Its been rising in my view.

But thats just seeing from the value of zero to where it is now, and staying mid $200 is even better. Intially I dont think we`ll hit value of back to zero.

Same opinion but the trend is more lateral than upwards with turns downward to new lows.
Whether the pattern will rise up and break through after these last few months is where it might get interesting.
Breaking out of ranges is always good but its likely still a bit away from a breaking point.