Bitcoin Forum

WOWOWOWOWOWOWOWOWOOWOWOW


We hit over 300$!!!

I just saw it at 308$.

Any big news other than Greece and China? xD

It was already around 315$. Calm down. Price isn't that essential :)

http://preev.com/btc/usd


Yea.. Well.. Normally I dont care either..

But it makes me a little happy to see it going up :P
It was at 280$ friday.

I did not check yesterday.

the market is correcting itself .. bitcoin can only go up from here

You can also see all big exchanges here (http://bitcoinity.org/markets/bitstamp/USD) :)


Or down ;D

slow transactions but price going up.
Someone here is not able to dump!
 ;D

HODL

preev shows the small drop right now i think we are getting back to 300 lets hope it will jump some more, i want to buy it but im too afraid now

Why do you want to buy it now and not when the price was 230? You are making it difficult for yourself to make a profit ;)

I understand people gets excited when bitcoin or other coins price increase but you gotta be careful and remember tha price is not everything because bitcoins and the other coins are not like normal currencies, for example, when the eur/usd increases dramatically or decreases, theres always a reason behind it, something happens and THEN the price increases/decreases. That is not the case with cryptocurrencies, they often have changes in price for no apparent reason and that is mainly because they are influenced by pretty much nothing but speculation, yes there are some applications for bitcoins in the real world and right now there are stores and shops that use bitcoins but they dont really affect it that much.

price has already made a huge move up.
probably room to go higher
but i would wait for a pullback.

Of course personally i'm already long.

https://s-media-cache-ak0.pinimg.com/236x/2b/a7/6e/2ba76e8fe7ac09511f71e031ccc94ec1.jpg

Get ready for 500 in two month.

Sent money to the exchange today. Prices are bound to go up with at least 25% the next 2 days with my luck. :D

i can see the rise made you too optimistic. let's first try to reach $400 within two months. that alone will already be a difficult challenge.

My guess it that panic buying will start to ensue over the next few weeks to a month, then euphoria will go into a sustained super charged mode. Bitcoin will be a major household name throughout the world by Christmas time.

You must be new..

Because when the price was $230 the LOOONG bear market looked like it could go on forever.
Don't be condescending, it's not like this shit is easy.

There goes my cheap coins. :( Good thing I bought some before flew up. Just hoping I can buy some more before it goes to the moon.

price still go to up guys, holding you coins it will be happen for long time and in chart look like dont want go to down.

Current price is 305.50 USD , and daily volume is hovering at 90,000 bitcoins ... so when is this rocket to the moon? (/endsarcasm)

I dont see why bitcoin will enter a steady climb when this last increase in price was because of ?? Yes, because of nothing but speculation so i wouldn't trust it too much because it can collapse back to what it was a few days ago pretty easily, theres no way to know which way it will go but it's better to be safe than sorry

$290 in preev now.

so much for that

Down to 280 ~ I knew it was a matter of time for it to go down specially when the price increases so fast and so much. It went from 250~ to 310~ in pretty much a day and something which is not a good sign if nothing important happened that affected bitcoin and in this case nothing really happened except litecoin going up, probably that helped bitcoin too but now that litecoin crashed as well, bitcoin followed too.

It isn't essential you say  ???

$279 now  :o and falling every minute.

But localbitcoins is rising for some reason. $379 now $399   ??? 

No GREXIT = short BTC

Which ticker you get that figure of $280 from?

Thought preev is the most accurate and lowest around?
it has 3 different it sources from.

That's what I was just about to say that caused it to drop so quick like it just did.
Now I don't have to go fishing for the countless Greece threads to mention it.  :D

The dump volume came in, it's what happens when the candy maker has to much supply and no buyers ... so downside pressure is HUGE... 285 will break =[ and then if 280 breaks more down we go until somone has a $4,000,000 USD to save this market X_X

i think we raised too much and too early, it was better to remain in 250 zone, now the seller will have the upper hand at some point, because it seems that the demand is struggling already..

I just got in on that action looks way too much manipulation, very happy with this trade right now :)

My Bitcoin Checker App say the latest price is 313.51 USD. However, Preev.com on my computer say the latest price is 287.7 USD. Big difference eh? Well, I hope Preev.com give us wrong information. Although I know it's almost impossible forPpreev.com to give wrong information..

it's not wrong on bitfinex and bitstamp price is 283-285 right now in that range =[ ... also

Side note Response to Amph .. pretty much a pump with very low volume to feed those "whales" and they just gobbled up those shares up to 310 =/ unless there is anything to prove that otherwise

preev is right, we had free fall now..price is around ~284 and still falling. http://bitcoinity.org/markets/bitstamp/USD

but long-term hodlers like me don't care some much anyway :D :D

Sad hodlers,

is okcoin down?!  :P LOL

Its already recovering at the moment people look to be getting back in, that came out of nowhere, way too fishy, bitcoin on $30 disount.

Well i usually get the price from btc-e and okcoin, right now for example the price on btc-e is 278 and okcoin is on 285 so 280~

Of course there are more exchanges with different prices but those 2 are pretty famous and important.

Boy does that picture say a thousand words!!!

But at least it looks like we're out of the bear market. Its looking stable enough like this. So far, so good I guess.

Its stable until its not, i mean right now bitcoin will never be stable, even when its stable it has variations up to 5-01 dollars per day. Probably in the long term it will be stable but we will definitely have to wait a looong time for it to happen and until that the price is going to go up and down all the time. This would also depend on real life applications for bitcoins, everyday there are more, also more people find about it or start using it.

Satoshi's distribution plan still working perfectly...More and more people getting in at a still reasonable price.
Next halving, price will increase.

even if you get in at over $300 level you are good if you plan to hold it for the long term. but it's quite difficult for people to hold their coins for longer than a few months.

some big player will do hold it for long term but if little trader they will play in short term. so that back to a personality they like to trade short term or long term

That would be a smart move it takes a few days with exchanges for the money to process
During which the price can rapidly move from experience lol.

two days in the 285-290 USD declined level, i say we are going to have another big rise soon!

It's 292.9 at the moment. I dint know it reached $308 on 13th as the price was about $298 as per preev.com but Localbitcoin price was higher. I hope it doesn't decline to $250 and keeps increasing.

Probably not going down, litecoin on the other hand it looks like its falling and im pretty sure if it goes down more to 3-2$ bitcoin will rise because all the people that dumped litecoins will probably go back to bitcoins, i mean it happened when litecoin crashed from 8$ then bitcoin went up to 300

uncorrelated, litecoin now is too small to affect BTC price.

was just a pump caused by LTC halving, happened with other coins too

Its 3rd on marketcap, definitely not too small. Everything can affect bitcoins, other coins as well, bitcoin is not sustained by nothing so its pretty susceptible to speculation and any other things that might influence it even if its not directly.

well that is up to the individual. those who see the opportunity and have the sense to invest long term will do so but the opportunity is open to all.

CRASHING!!!! 287 and going down FAST!!!! Woohoo!!!

I noticed. Well, it was good while it lasted. At least now we can buy cheap coins again. :D

It is crashing now to $278. I was right that it will reach $250-$230 as it's price is just unpredictable.

I think it will reach again back to the days when bitcoin price was 200$.
Current price is dropping fast: $275

I wouldnt call it dropping, today it has been around 275-290 all day, you cant really call that falling, we have to wait a few days to really figure out if it dropped or not because it only takes a few minutes to go from 275 to 290

Well i call it a drop as it it at the moment. If we check day by day the price then this is another thing, but at the moment it is a drop

I've seen it go from 284 to 277 in a matter of minutes. A correction is happening, we've had pretty nice gains the last weeks. Next stop: ceiling over 300 dollars. Time to stack like there's no tomorrow.

It won't reach $200 but will stop at $250 for 2-3 weeks. It's not crashing but don't know what's the reason of this drastic fall. I dint find a single website which explains the reason why bitcoin prices rise and fall.

277.5 and keeps dropping.

200, here we come!

Well i am curious too what is that that makes bitcoin price rise and fall. I just speculated that so it can happen maybe

Bitcoin market cap is small enough that whales can easily swing the prices up and down like yo-yo. They just need good excuses like Greece and China. They play on your fears and reap profit. Don't believe anyone who say that natural market forces are at work. If the natural market forces are responsible for the natural waves in bitcoin prices, how do you account for the past 18-months slide in spite of many good news and mainstream adoption? Whales love shorting bitcoins. It's a natural fit for them. For you, the small shrimps, you're nothing but food for them.

Of course whales can play with the price because the marketcap is tiny, the point is, if you aren't buying BTC this cheap you are insane in the membrane, insane in the brain. If you are here for the long term, then who fucking cares if you buy at 50, 100 or 300. If you are here for 10+ years as you should if you aren't a huge idiot, you'll see your massive gains and your hard work paying off at the end. Only a clueless moron that doesn't understand what Bitcoin means to the world would argue otherwise

Uh 10+ years without trading and just holding would be ridiculously stupid, take a look when the bitcoin price was 1200, you would be stupid not to sell then and it went from 1200 to 200 in basically a year, who knows what would happen in 10 years. Bitcoin is not even sustained by anything to ensure it will still be alive after such long time

If you have millions and you dont care for bitcoin then there will be a good chance to invest in bitcoin and hold for few years.
But it is so risky that the price is unstable.

275@bfx and still going down, however sell volume is declining, so bottom may be near.

You already missed the bottom :)

it's very easy to talk after the thing happened, but you would have really sold, at that peak(1200)? i doubt it, many would have thought that the price was still rising above that amount, only internal manipulators would have sold there because they know about the top

Talking about popping the champagne too soon. Well, while it's nice to see the price having breached the 300 level, my hope is that if only it can maintain and stay that way for long. Right now, seems that things have cooled down and I can see is the pressure coming along and pushing it towards the downside.  

Nowadays the mindset seems to be fixed on when price is too attractive, people would just sell for quick gain. We need to change that.

I think bitcoin will stay stable around 280$ because it wasnt pumped too fast like litecoin has, i mean litecoin went from 1$ to 8$ and crashed in 1 day to 4$ and now ~3$
On the other side bitcoin has grown slowly from ~200 to 300 and now stabilizing around the 280 mark

But how do you think the halving next year will affect the price?

Well thats a tough question, im sure it will go up but how much up its impossible to tell, take as an example what happened today at btc-e, someone sold bticoins at 150$ and the price went crazy, it went down to 260 and lower and then to 270 in a matter of minutes, you never know what will happen.

Yeah i hear too about that issue, i have asumstion bitcoin will crash like litecoin as you said before.

That was probably some whale that committed a terrible error by missclicking, entering more 0's than he should have entered, or some troll whale buying low on a fake whale sell order, or actually a whale panic selling.. it can be many things. What we know tho is, 250-280 is the new floor and anyone not buying like crazy sub 300 bitcoin just cant be saved.

It doesnt matter who was, what matters is that he managed to make the price change even if it was only for a few minutes thats why im saying that everything can happen at any minute and it can change a lot not only a few dollars but even 20-40$ like it happened there in a matter of minutes. You always have to stay alert with cryptocurrencies and thats why i dont like long term trading with them

Only if a billionaire invest so much money in bitcoin maybe he can change the price of it up to 1200$ as you say, but i really doubt it.
It is unreachable for me at least for this year.

Even if you are a billionaire you would still have to invest a lot of time to be able to make the price up to 1200$, probably not possible at the moment.

As for amph question, no i wouldnt sell and i didnt sell when it was at 1200 but i did sell some coins when it went down to 1000~ because it went down fast and everyone knew it would explode sooner or later.

Actually, I think it is the other way.

The faster you pump it, the higher it will go. 

If you spread it over time, you will only increase
it by the same factor as the market cap.  Putting
a billion into a 3 billion market cap very slowly,
will increase the price by 33%.  But if you make
a ton of buy orders TODAY, the price will skyrocket.

Now at $280. Still a low volume of sellers. Time to go up again, I guess? :D

Yes it requires a lot of times to make these huge changes, around + 330% from the current price. Good that you sold at 1k

I believe that by the end of the year, Bitcoin will reach $ 400
I started to buy to make a profit, right now. Good luck to all traders.

278$ at the moment.
Take a look what people are saying about bitcoin price : 62% of People Say Bitcoin Will End 2015 Below $500
http://www.coindesk.com/62-of-people-say-bitcoin-will-end-2015-below-500/

500 will be fine with me. 1k at the end of next year. :)

Few years ago most ppl thought that BTC will hit $10k before the end of 2013/2014. These numbers means nothing, only infrastructure is important.