|
Title: why so much pump? Post by: bitsum on June 17, 2015, 11:32:49 AM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump?
Title: Re: why so much pump? Post by: 8up on June 17, 2015, 11:38:46 AM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump? shitload of good news in the last year. greek capital controls coming. new markets (ETN/ETF soon) more and mores use cases most important: bitcoin has value besides beeing a currency! broken 1.5 year log downtrend Title: Re: why so much pump? Post by: spiderbrain on June 17, 2015, 11:42:02 AM Yeah, the long term down trend has been overshooting for a while, this is just going back to reflecting some of the fundamentals. Early days yet, though, be interesting to see if we break $300 any time soon.
Title: Re: why so much pump? Post by: Amph on June 17, 2015, 11:51:45 AM the real question is why so little pump, when after all those good news of many investors that have started investing in bitcoin, and more services which are building more infrastructure for supporting bitcoin?
all the aims of recent news that were pro bitcoin, is still not well reflected in the market Title: Re: why so much pump? Post by: ajareselde on June 17, 2015, 01:36:46 PM After such a long downtrend it takes a lot to convince people that the rise will last, it usually ends up with returning to previous "stabile" price.
Even now it's safer to expect return to 220 than it is to expect 280 $. If this is to become a true rally, then traders need to cash out their LTC pump, and move that profit back to BTC. cheers Title: Re: why so much pump? Post by: prodigy8 on June 17, 2015, 05:03:55 PM Not necessary a pump, just big money moving around in the BTC space. demand is created, driving price up
Title: Re: why so much pump? Post by: Valanor on June 17, 2015, 05:06:38 PM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump? are you not see litecoin pump too ? i read in whaleclub, more whale say bitcoin will be 290 that is game P & D and who win in this game ? whales with biggest capital :) Title: Re: why so much pump? Post by: Xialla on June 17, 2015, 05:12:22 PM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump? because it was under-valuated last X months without any reflection of good news.. Title: Re: why so much pump? Post by: mrhelpful on June 17, 2015, 06:15:05 PM I wouldnt say that, maybe its cause the new good news like a new exchange is coming?
I dont know, also theres people seeing it as the next halving that has to do with price as well, but thats like long ways from now. Title: Re: why so much pump? Post by: WhalingWhales on June 17, 2015, 06:17:24 PM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump? Nice observation it has increased a little more than 10% in the last couple of days. As always whales like to make more money/coin and play games this is there little game and will be over before you know it. Title: Re: why so much pump? Post by: randy8777 on June 17, 2015, 06:19:39 PM it's great that the price is going up, but we've seen the price go up and always go down again. just don't get too excited already.
Title: Re: why so much pump? Post by: 8up on June 17, 2015, 06:20:53 PM +BoA sees fair value of bitcoin @1300$ http://www.forbes.com/sites/kashmirhill/2013/12/05/bank-of-america-analysts-say-bitcoins-value-is-1300/
Title: Re: why so much pump? Post by: indiemax on June 17, 2015, 06:38:25 PM +BoA sees fair value of bitcoin @1300$ http://www.forbes.com/sites/kashmirhill/2013/12/05/bank-of-america-analysts-say-bitcoins-value-is-1300/ date is 2013 ;D Title: Re: why so much pump? Post by: elux on June 17, 2015, 06:41:00 PM +BoA sees fair value of bitcoin @1300$ http://www.forbes.com/sites/kashmirhill/2013/12/05/bank-of-america-analysts-say-bitcoins-value-is-1300/ date is 2013 ;D Yep, should be higher today. Title: Re: why so much pump? Post by: pereira4 on June 17, 2015, 06:45:55 PM the real question is why so little pump, when after all those good news of many investors that have started investing in bitcoin, and more services which are building more infrastructure for supporting bitcoin? all the aims of recent news that were pro bitcoin, is still not well reflected in the market The market is heavily manipulated and someone is getting stacked up with BTC, buying slowly to not disturb this price stability. But this price stability within itself is starting to look artificial, which leads me to think we are under a long term buy scenareo by some whales. Title: Re: why so much pump? Post by: techgeek on June 17, 2015, 07:23:20 PM the real question is why so little pump, when after all those good news of many investors that have started investing in bitcoin, and more services which are building more infrastructure for supporting bitcoin? all the aims of recent news that were pro bitcoin, is still not well reflected in the market The market is heavily manipulated and someone is getting stacked up with BTC, buying slowly to not disturb this price stability. But this price stability within itself is starting to look artificial, which leads me to think we are under a long term buy scenareo by some whales. Market will always be manipulated lol. So I usually get over the price of bitcoin, and for longer terms I actually just try to sell my stuff for bitcoin now instead of buying it. The more you buy into bitcoin the more risk youre willing and expecting it to pay off. Title: Re: why so much pump? Post by: Valanor on June 17, 2015, 09:51:12 PM +BoA sees fair value of bitcoin @1300$ http://www.forbes.com/sites/kashmirhill/2013/12/05/bank-of-america-analysts-say-bitcoins-value-is-1300/ date is 2013 ;D Yep, should be higher today. I Like your speculation ;D Iam very Happy If Bitcoin can be higher than 1300, but That is very very hard to get it, also some person buy Bitcoin and sell it after get 10-20% not want to take risk Title: Re: why so much pump? Post by: Bit-Gods on June 18, 2015, 08:39:56 AM The bitcoin has increased `10% in the last 2 days.Although its a good sign for bitcoin but i was wondering why so much pump? Isn't the price increase a good news :D hope the price stays on top for a long time, it is mainly due to the postive vibe bitcoin is getting in the last few days, there might be an upward trend after the current increase as the price of bitcoin had fallen significantly in the last few months and right now it is recovering and is on a climb up the price mountain :D Title: Re: why so much pump? Post by: mladen00 on June 18, 2015, 09:45:43 AM After such a long downtrend it takes a lot to convince people that the rise will last, it usually ends up with returning to previous "stabile" price. Even now it's safer to expect return to 220 than it is to expect 280 $. If this is to become a true rally, then traders need to cash out their LTC pump, and move that profit back to BTC. cheers LTC is halving (about 2 mnt from now) that's why price of LTC is up Title: Re: why so much pump? Post by: etzeppy on June 18, 2015, 12:47:05 PM LTC is halving (about 2 mnt from now) that's why price of LTC is up Newbie question here. Why does the upcoming halving in LTC impact demand for BTC? Title: Re: why so much pump? Post by: Amph on June 18, 2015, 01:11:37 PM LTC is halving (about 2 mnt from now) that's why price of LTC is up Newbie question here. Why does the upcoming halving in LTC impact demand for BTC? because bitcoin is more easy or convenient to buy than ltc, not every exchange has ltc like btc many prefer always to go through bitcoin first, and then any other altcoin it was one of ther reason, in the past, why when many altcoin get the pump, they caused a btc pump too Title: Re: why so much pump? Post by: Natalia_AnatolioPAMM on June 18, 2015, 01:16:06 PM this pump won't stay long anyway
Title: Re: why so much pump? Post by: Hyena on June 18, 2015, 02:13:27 PM this pump won't stay long anyway Better take some arginine then, it will make the pump last longer and feel better. http://evrosport-nn.ru/sites/default/files/evrosportolimp-aakg-powder1221.jpg Title: Re: why so much pump? Post by: BTCjust on June 19, 2015, 08:14:32 AM until today I just know, all is because of the Greek crisis
|
