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Title: Is the bitcoin price rising out of interest or is someone just pumping this? Post by: andrewboy44 on November 18, 2013, 01:54:36 AM I feel like people are just pumping this. If you look on mtgox there are times when someone is buying 30+ dollars over the average but there is also times when people are selling for 30+ below the average. Also who would buy a btc for 540 when the average is clearly 504? I think a large group of investors are behind this just pumping the avg pretty much. I've never seen btc jump like this and there really is no major reason behind it. What are your thoughts? Do you think this is just happening because of interest or do you think there is more to it?
Title: Re: Is the bitcoin price rising out of interest or is someone just pumping this? Post by: notme on November 18, 2013, 02:21:31 AM I feel like people are just pumping this. If you look on mtgox there are times when someone is buying 30+ dollars over the average but there is also times when people are selling for 30+ below the average. Also who would buy a btc for 540 when the average is clearly 504? I think a large group of investors are behind this just pumping the avg pretty much. I've never seen btc jump like this and there really is no major reason behind it. What are your thoughts? Do you think this is just happening because of interest or do you think there is more to it? zoom out: http://bitcoincharts.com/charts/chart.png?width=939.611111164093&m=mtgoxUSD&SubmitButton=Draw&r=&i=Weekly&c=1&s=2010-11-17&e=2013-11-18&Prev=&Next=&t=S&b=&a1=&m1=200&a2=&m2=50&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=1&p=0& Title: Re: Is the bitcoin price rising out of interest or is someone just pumping this? Post by: andrewboy44 on November 18, 2013, 02:34:24 AM I feel like people are just pumping this. If you look on mtgox there are times when someone is buying 30+ dollars over the average but there is also times when people are selling for 30+ below the average. Also who would buy a btc for 540 when the average is clearly 504? I think a large group of investors are behind this just pumping the avg pretty much. I've never seen btc jump like this and there really is no major reason behind it. What are your thoughts? Do you think this is just happening because of interest or do you think there is more to it? zoom out: http://bitcoincharts.com/charts/chart.png?width=939.611111164093&m=mtgoxUSD&SubmitButton=Draw&r=&i=Weekly&c=1&s=2010-11-17&e=2013-11-18&Prev=&Next=&t=S&b=&a1=&m1=200&a2=&m2=50&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=1&p=0& haha and history tends to repeat itself(; |
