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Title: Bitcoin is having a nice day. Did China find another hack? Post by: wuzamarine on November 26, 2015, 11:08:11 PM It's great to see, but curious where the action is coming from. ;D
Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Bitware on November 27, 2015, 12:23:51 AM Well, the major establishment-controlled media sources came out with the bullshit lies that ISIS is using Bitcoin, sooo...
Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: wuzamarine on November 27, 2015, 01:49:29 AM Well, the major establishment-controlled media sources came out with the bullshit lies that ISIS is using Bitcoin, sooo... That's probably a decent assumption.This coin is probably going to start rallies on the news of any major group using it, even if via hacks or shady behavior. It was a hack site by a Russian converting to China fiat last week. Interesting. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: EternalWingsofGod on November 27, 2015, 02:57:26 AM This should probally be moved to speculation or Bitcoin discussion as there are no news articles here.
Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Kakmakr on November 27, 2015, 05:45:08 AM I think it might be a pump before the Black Friday event running in the USA. The higher the price, the more things you would be able to buy. Or it hedge against a possible drop in the price, when more coins come back into circulation on the exchange. Let's hope those coins get absorbed quickly. ^hmf^
Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Tacalt on November 27, 2015, 09:35:39 AM I think it might be a pump before the Black Friday event running in the USA. The higher the price, the more things you would be able to buy. Or it hedge against a possible drop in the price, when more coins come back into circulation on the exchange. Let's hope those coins get absorbed quickly. ^hmf^ The black Friday is just American thing. Other nations are not so material. The mini pump is not related to Black Friday. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: pissedoff on November 27, 2015, 09:38:56 AM I think it might be a pump before the Black Friday event running in the USA. The higher the price, the more things you would be able to buy. Or it hedge against a possible drop in the price, when more coins come back into circulation on the exchange. Let's hope those coins get absorbed quickly. ^hmf^ There are many bitcoin black friday deals offered on November 27th that does not exist in fiat so I don't think many will sell on black friday. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: NorrisK on November 27, 2015, 10:29:20 AM I think it might be a pump before the Black Friday event running in the USA. The higher the price, the more things you would be able to buy. Or it hedge against a possible drop in the price, when more coins come back into circulation on the exchange. Let's hope those coins get absorbed quickly. ^hmf^ There are many bitcoin black friday deals offered on November 27th that does not exist in fiat so I don't think many will sell on black friday. But what do you think the merchants will do? Indeed, convert right away to fiat after payment. Also, bitcoin black Friday I'd minimal compared to fiat black Friday. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Raimonn on November 27, 2015, 02:44:43 PM The bump for blackfriday bitcoin sales could be transformed to a dump by merchants that accepted bitcoins and sell to receive fiat money on next day.
Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Lucius on November 27, 2015, 03:25:49 PM The bump for blackfriday bitcoin sales could be transformed to a dump by merchants that accepted bitcoins and sell to receive fiat money on next day. It is possible to happen because traders turn BTC in fiat as soon as possible.If everything goes according to those prediction tomorrow the price could drop sharply,hope not too low. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Denker on November 27, 2015, 03:43:48 PM The bump for blackfriday bitcoin sales could be transformed to a dump by merchants that accepted bitcoins and sell to receive fiat money on next day. Not only the merchants. Don't forget the traders that might take advantage of this probable scenario. They will dump some coins as well. Some interesting hours are going to come. I'm curious how this will play out. Title: Re: Bitcoin is having a nice day. Did China find another hack? Post by: Tacalt on January 10, 2016, 04:59:16 PM The bump for blackfriday bitcoin sales could be transformed to a dump by merchants that accepted bitcoins and sell to receive fiat money on next day. Not only the merchants. Don't forget the traders that might take advantage of this probable scenario. They will dump some coins as well. Some interesting hours are going to come. I'm curious how this will play out. There is nothing spectacular happened during the Black Friday time. Maybe most bitcoin owners hold their bitcoin and did not spend. |