Bitcoin Forum

 Are we finally beginning our long awaited moon voyage?
Are we being fuelled by the past 4 months of endless positive news surrounding the phenomenon which is bitcoin?

Could be the Gemini pump and dump.

Or it could be the price naturally rising to where it should be. MOON!!!

The solid belief this is another dead cat along the alt coin rally makes believe we have interesting times ahead.

Nah mate, Bitcoin is gonna get dumped on the Gavincoin fork. It's just following LTC right now and can barely keep up.

I don't have near enough coins!

 I hope the bear was just taking a short nap and will wake, bringing the price down to suitable prices. :)

let's hope for the best, ya? I personally think that this is just another on of those little jumps, but I also hope that will find a ledger to hold on to.  ;)

one of those little jump in the end, must be the real big jump, it is just a matter of time, everyone know it

but i believe that, until we break the 300 barrier, it's better to not be too excited...

yeah, but when you have preev open all the time and see the price rise by 0.1$ every 10 5 minutes, it's pretty damn hard not to get excited.  :P

Well I believe this is the real deal and tomorrow I am gonna go to my local bitcoin atm and print me a fresh new paper wallet fully loaded with coinage!!

Softly softly catch a monkey

I wouldnt expect gemini pump and dump right off the bat.

Why would they build their rep in the bitcoin space, then do that? it would be a shame, cause if they do then we can expect similar to the etf if it did pass.

Any pump or dump has very little to with them. It's the traders getting excited about it. The way Coinbase did it was pretty childish. I assume the Winkies will conduct themselves with a bit more class.

It was just a few months ago when the price hit $301 then crashed back down.  I'm not going crazy yet.  

Since $1200 BTC has never reached a previous spike after dropping from it..

Things are getting interesting now.

BTC recover quite nicely and I'm sure that we should be seeing slow growth. I just wonder how far would the next "BITCOIN" Rally

nice point. Its time for users to see some confidence in price. Come on 300!

Zerohedge say that the rise is because of the Grexit possibility.

I think it is just a swing, but I hope they are right!
http://www.zerohedge.com/news/2015-06-16/bitcoin-spikes-greeks-follow-cyprus-template

This is a mix of a lot of things. The Gemini release is always a factor, but Greece is about to collapse and people is finding ways to secure their cash instead of having it under the sofa, so expect tons of cash flowing inside BTC. There's also the general notion by intelligent people with money that are aware that the price is extremely low and the rise could start any time when least expect, which leads to panic buy surges.

Pump and dumps don't affect long term hodlers. ;)
I am hanging on till the next block reward halving.

I vote Greece. People are talking about buying <i>cars</i> to move capital across borders once they introduce capital controls. Cars? I think bitcoin, with all it's problems, can out-compete a new Mercedes to store value in an internationally mobile way.

Ha ha. That is a laugh. Cars to move capital, when you have something like Bitcoin?
People still seem to be in the stone age.

Financial collapse is not the time when the average person looks into new and fangled ways even when they're blatantly superior. It brings out the conservative in most. Cars are an especially crappy way to do it though.

A car is about the worst store of value I could think of, unless it has loads of gold hidden inside it (or possibly it is an antique once owned by a famous person).

If I was greek I'd be doing what I'm doing now anyway, bitcoin, gold and silver, (with a couple of my fav alts thrown in)