Bitcoin Forum

Slowly rising from the 2200. Been a battle back n forth today but more consistency in the 2300 range. Also lots of movement in US and China seen on bitcoinwisdom.

It's not really something that spectacular. It's basically the same as has been happening in the last days. $100 swings aren't that uncommon anymore with the price being this high, combined with the relatively lower buy support. I expect this to continue in the coming weeks as there is some sort of tension between traders. There where certain traders look to close positions, others are waiting for the price to drop to enter the market. It's a ping pong effect.

Are you guys taking the most out of these swings? who was Satoshi, I think he was an angel sent by God to bring us this marvel of economy.
I couldn't even dream about earning money online with a few clicks and few key strokes, now $15/ $35/ $18 is pouring to my wallet.
Wondering what caused the rise to $2700 for a day and watching the price to go there again so I could dump what I bought so cheap :D
$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.

It should obviously happened and soon it will take again the spotlight. The current price is a good starting line for another trend. Just imagine, starting from $1,000 it boost to $2500+. and now will start at $2,200+ it will finish soon at around $4,000+. Just a speculation if ever the price rise will happened again. Back to the current price movement, seems normal as while at the same time that price is experiencing an average $100 or more increase, same margin also applied to price decrease.

What matters here is we are playing at around $,2000. Good bottom isn't it?

I doubt that bitcoin is going to raise so fast agaim. Yes, it is growing, but who knows when we are going to see 2800$ per 1 BTC again?!
I am actually satisfied with the current price and my earnings didn't change so much from this 500$ fall.

As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times.

But we are having stable prices right now which must be very good in some sense when recovering from steep down fall.

Bitcoin's price is definitely stabilizing as of now. We will see slow upward movement on its price. After the big dump, it's price is somewhat reasonable. Also, let us not forget about Australia, they will start accepting bitcoin on the first of July so we can see some pumps here. I do hope that Bitcoin will surpass the all time high it reached days ago within this year.

In my opinion satoshi is a genius, there have been speculation that a single person could not create bitcoin since it needed to be a master of different disciplines, like programming, cryptography and economics, however the little evidence we have seems to suggest that only one person created this, so I do not think we need to use explanations like that, especially since I think that devalues the work of satoshi, by trying to make him something more tan a human.

Hopefully we see some sideways movement, else looks unhealthy run for me!

A couple of days back i thought we could see a good correction in the alt coin space as well as in bitcoin and now it looks like the price is moving up once again,i am not sure what is the criteria on seeing all these news as there is one news or the other regarding the up trend or the down trend.The best thing i have to do now is to stay away from the market and wait for a good correction.

Probably some whales rebuying after dumping all their coins. Personally I think this growth is at least somewhat healthy, and I welcome any price movement, but this could just be a small movement up that gets crushed by another dump. Once we break the resistance, though, we'll see a period of fast growth like we previously did.

Yeah, it's depend on what reference (exchanges) that you look at to check bitcoin price, because they could be different such as : Preev $2343, coinbase $2410 and OKcoin $2546, and Bithumb $2797.
Some exchanges seems already get volume increases while others still fluctuate, I think it still normal in bitcoin market worldwide. Maybe silence before the storm ;D lol. We don't know yet, but I hope it will increase again to the new ATH, be ready guys.

This is what I am thinking these past days right after the dump.  But I think the whales are done with the accumulation that is why the price is beginning to move upward.  They are now trying to push the price up.  with the upcoming news and updates they new if they ride it right, bitcoin price will have its new ATH.

Lots of the altcoins are increasing as well. It looks like investors are getting back in after the correction.

For entirely the UK news gives a lot of impact for the bitcoin today. The biggest UK broker tries to offer bitcoin as your investment service.

More people tried to get back on bitcoin. Some try to grab more profit through altcoin and pumping it.

US and China market gets an impact. The sentiment of bitcoin in these days look good in my opinion.

If there will be a good news in the future. That makes the bullish will turn to the very bullish.

Long live bitcoin!!!

But this time I think the price rise has been started because now you can see that the price now do not go back but it is in the up direction and now has started to increase from $2300 and reached to $2335. I think it is now again the pump time and those who will but will earn the coming profit.

$3500 before the end of this week? I find it a bit excessive. I want to think that you actually meant $2500, it isn't?

I also would like a more stable bitcoin price for a long time to give us a break after so much shocking situations that brought us the month of May.

But if volatility returns, I expect it to be on the upside to leave the $1000's range far behind, once and for all.

Who know, everything is possible but well , $3500, I agree, is quite high for a week increase for bitcoin.  Anyway  I believe Bitcoin can break $3500 barrier but give it a month or two.  There is not much of hype to affect bitcoin price right now.  Unless some big company join in bitcoin economy, the uptrend climb of bitcoin price will quite slow.

Or whales start to pump it the way they have been pumping the alts. I'd like a return to natural growth, but I'll take anything I can get. Any action is good, but I'm sure most people here are just fine with sideways for a while as long as price is stable. The uptrend is not slow for sure, we've seen what those whales can do nowadays. They can practically take us to the moon and back.

Yeah litecoin and ETH are increasing equals with bitcoin. I didn't mean the equal price and I mean the potential only. I hope we can buy the ETH now and this holding will take moob like bitcoin in future.
You may ETH rate as 5000$ in 2050. You can do see the bumps like in bitcoin on ETH as well.

the actions has started a while back when price first took a dip, the action was actually the accumulation phase in lower prices when everyone was buying and the whales occasionally did a dump to keep things down for more fun times.

and now we are back on normal time rising stuff ;D

I think we can pretty much kiss good bye to the 1000 price forever, I also agree on the thought that reaching 3500 by the end of the week is simply too much but May was a crazy month for bitcoin I personally want bitcoin to be stable for a few months so it gives me time to accumulate more bitcoin before a new massive pump like the one we just saw happens again.

We would rather see a steady climb rather than a quick price increased. This is healthy already, at least the dumping has stop and short lived and we are seeing a price increase by the day. The price is holding and it might be boring for some, but for me this is a good movement and not a bubble as what we have seen before.

Yes, we can say bitcoin has recovered from corrections but now trying to break the strong resistance levels around $2500 prices. I guess there would be many people who are waiting to book profits near $2500 levels, still I am sure prices may break it toward $3000 levels in coming weeks.

There are many exchanges like cex where people already have crossed $2500 levels and from this we can be pretty sure about reaching $3000 levels will be inevitable. It China is already joining on influencing bitcoin prices in positive way as bitcoin prices were freely moving toward $2540 levels. Maybe $2500 would be strong physiological levels still I am too sure it will get broken within this week.

The price now is holding and I do not think that it is boring as many people like that as they do not like the drop and the drop now finished and now everyone is sure that the price is going better and it will increase like before.

It looks like the market is absorbing the correction we have last week and it is showing potential that the market could rally for the next few days and i would rather be careful on how things are going from here to take my positions.

I think whales is done with accumulation from the fake dump that is considered by many as a correction.  I do agree that bitcoin price will increase this next day since the new hype is coming.  Australia to accept bitcoin as money will have an effect to its price since their citizen will enjoy a buying and selling bitcoin without tax.  Aside from that the big company in Japan that will open its bitcoin venture  will surely add to this hype too.

In that dump only those lost their bitcoins who immediately started to sell their coins while the clever people not sold their coins but they believed on bitcoin and they hold their bitcoins and now they are seeing the price rising again and now they will get the profit again.

Brace yourselves as we won't seeing below $2,000 anymore. Anyways just kidding.

With this slow price rise after it reached below $2,000, we are sure that it won't be accompanied by a large price decrease since it's usually happened when price is experiencing a fast phase of price increase for about 50% or more. And it's a good starting point for another rally. Just imagined when we start at $1,000 it tooks almost $3,000 before the correction and now starting from above $2,000 what do you think is the slow down point before another correction? Hope you got what I mean here. :)

The price move is towards the barrier $2500, from the past two days the price seems to be fluctuating within the price tag of $2400. Hope expect the price peaks in big variation once after crossing​ $2500. As the price movement is without any of the market dependence it might go as high as $3000.

I don't think like that. Before big uptrend wave price needs to meet with big sell pool which will provide liquidity to buyers. It is only possible with second  correction wave towards to 1300$. If you know Elliott wave principle bitcoin price needs to identify extremes of latest downtrend.Only after that traders can talk about big uptrend towards to new high extremes.

This, I think the only thing we can infer from that is that we must be ready because another rally may be coming sooner than we expect, while I don’t think the rally is going to be as massive I really think surpassing the 3000 dollar barrier will not takes us that long I think we could reach that price before November of this year just in time before the classic pump on December.

Indeed this is true, bitcoin already increasing high so I expect the bitcoin can reach 3500 at the end of this month but may is the month of the really profitable for bitcoin I personally want bitcoin stabilized for a few months so it gives me time to collect more new great pump before bitcoin as we have just seen happen again.

Bump.
Some nice gains today

No offense, but 2050 is a long way off and this for me is an eternity, just out of curiosity, do you plan to keep your ETH until 2050?

About LTC I have nothing to comment ;D

Yes it was. Price reached $2749 in bitstamp and a better action coming next month as one country will accept btc again. Can't wait for other country to join the action. There's a big possibility that we won't see 3digit price again if that thing will happen.

I do like the action a week later and we are at 2873.78 or up 600 dollars above what we were before, damn scary to sell if someone exits the reposition is probably higher than the initial position.

I think bitcoin price could not be manipulated any more since it has investors globally.Some may see this price rise as a bubble but its mainly due to japan adoption of bitcoins and more countries following japan in adopting bitcoins.