Bitcoin Forum

I am currently trading on Binance and was surprised that ethereum went up a price from $115 to $130 in just 30 minutes where other altcoins followed the upward trend. Is this a sign of an incoming bull run for ethereum for its incoming hardfork or just a bull trap? Based on my research, Constantinople hardfork will occur on the 16th of January where Binance also confirmed that they will support the hardfork. Please correct me if I am wrong.

there seems to be a big whale trying to play the market. This will be very interesting when approaching Hardfork on January 16 later. I think there will be another surprise that will occur in the market. it turns out the market is still very fragile, only in a short time can prices be changed.

The time for the hardfork depends on your local time zone, for me it should be around 17th January. And about the sudden jump, it is very likely a bull trap.
today, we are hearing a rumor about a rejection about Bitcoin ETF. I believe it is not only a rumor but an expectation from the community about our current situation.
that also means, we are ready to see another decline in the price and at the same time ETH is going to do a hardfork which is very likely to get dumped as soon as it finishes its hardfork. They can not tank the price, and they are not the tanker but instead the opportunist. They are looking for an opportunity to get profit instead of tanking the price.

be wary of this jump, just take it as long as you get your profit. we as a trader are looking for profit, not for something else.

until Constantinople's hardfork is finished we will see things like this. do not expect too much the price can be higher, because this is only a pump carried out by the whales. if you don't buy it, it's better not to force it because later you will regret.

All crypto coins have seen a serious price rise within a few minutes. Crypto coins therefore, I love it very much, being desperate or having a bad time is not something that requires much consideration. Everything can change at a time and prices can rise :)

Yeah looks like market has turned positive just before the fork date and i hope this positivity will continue even after the fork as major upgrades are coming for eth but it has to first break the 160 barrier and then 200 to start a new uptrend i hope it will be broken this time around.

Yes, after the ETH price has fallen so deep, now with a smaller market cap, I think its price will be easy to manipulate as well as pushing prices higher than when the price is over $ 1k.

  In my opinion it's not a bull trap mate which is probably a sign that it will never go further below the resistance because of the previous adjustment of price in the market and base on the pattern as well.   If i were you start from now accumulate and hold if you don't want to miss this up coming opportunity because i believe this the sign of the growth rate before to buliish like what happened before.

According to my calculations, there are a little more than two days left before Ethereum Hard Folk Constantinople, so there is still plenty of time for speculation than many traders will take advantage of))

Yes, most likely, the reason for the growth is the nearest hardfork, but in my opinion the more important factor is the behavior of Bitcoin.

Just 2 days and 8 hours until the constantinople update and i look forward about how fast the transactions would be. And also the price of eth after the update and positive the community will take this update in a positive way to invest more in eth. About the sudden spike of price, i think it's normal and will see in the new few days.

Before this growth Ethereum was falling so fast. I think it's normal on cryptomarket. In 2017 we saw 100-200% growth in one hour. This growth won't be so long and high, maybe it will be a correction after.

It is good to see ethereum rise again after sudden fall which make everyone feel so bad if the rise is a trap or bull run,that i cannot tell but am just happy to see green again.

a 30% rise in value in 30 minutes in any asset is clearly price manipulation.
Especially on a large volume exchange like Binance, it is a coordinated effort to pump eth.
The other alts pumping are just a result of eth pumping as binance has a high amount of eth trading pairs.

Whether it is done by one whale or a group of whales, it would take examination of the blockchain to figure that out.
But, of course, groups can exclusively use one address together too.

This is not based on facts, but my own opinion is that some whales are pumping the price in anticipation of the fork.
They will most likely dump their eth right around the fork or after, crash the price, then buy back in at the dip.

For those who are just trying to get their hands on eth for the fork, you should have been doing so a lot earlier, not now.

One thing I do not understand, this upcoming hardfork will not have any new coin born from it so why people keep timing Ethereum dump with the end of the hardfork!! I think the hardfork will only boost Ethereum and will lid to price increase more not dumping or in the worst case, a dump will happen followed by a good bull-run. Anyway, people should not treat this fork like other normal hardforks that usually gives free coins.

traders and whales might be the one storing lot of ETH to prepare for the incoming hard fork but be aware because after the fork they probably dump ETH to get their profits, this happen every time when there is a hard fork of a well-known coin.

Most likely only a big buy order, Ethereum price recently mostly is similar to BTC price and following it. A price peak before ETH hardfork is also to be estimated but won't last very long.

It happens because tomorrow is the fork day! and I think after the fork ETH price would jump to a new high comparing recent times. In twitter, you can see lots of people are discussing about ETH network upgrade which was very needed! So, this sudden jump is so normal!

True the price of Ethereum rose very high because the presence of Hardfork that happened to Ethereum besides the price of BTC also rose so many investors use this momentum to buy Ethereum and hold it until HF is finished.
But will the current price increase last long? or just want to produce HF from Ethereum and after that the price drops back.

The market volume is small and it is very sensitive and it can be easily manipulated by the whales, so these  kind of pumps are normal. Expecting more of them to come in the next few days around the ETH fork.

It is good start for ethereum. 11% for the ethereum pump in just 30 minutes only is good because we can get more profit. Maybe after few months those percent will increase 300 percent which is really nice to see and  too much money we can get. But I expect because my money invested to the ethereum right now I expect my money after some years become 100 times upto 200 times of the current value of the ethereum this day.

If Ethereum could do that dor some few days more all the ALTs will have a really good.time. Even including the dead ones. They're all going to experience great upwards movement. The 10% Ethereum gave has really push some coins forward. This also makes me believe that the market can make a U- turn in just some few days if the bull run decides to come back.

I think the big leap and sharp decline that are happening for the past days are due the fact that there is a certain group of investors trying to manipulate the prices. But, this is very difficult to prove.

Now for ethereum with at least 10% increase in less than a minute, might have something to do with the positive outlook of ethereum holders about the approaching hard fork. The hard fork will not create new coin. It will make the existing ethereum blockchain efficient.

But the fact that the growth will continue, I highly doubt, due to the fact that we are in a falling trend and can not see that it was a trend break , I believe that by the end of January will go below $100

Sometimes, the market can jump so easily in some minutes. but sometimes, they can drop drastically also in some minutes. Well,t his is what crypto market does. They are still not stable and fluctuating. Many people, use this chance to get profits by trading.But I personally hope that this situation will increase, again and again.

That's good to see but comparing to the market value it's not a big change in value only $12 was the pump. This was expected in 11th of this month as hard fork was suppose to start, I doubt this might be turn as the constantinople hard fork is nearing us.

It's not a bull run, people are just buying for the constantinople fork.

It won't give a new coin and that quick move maybe someone who's a whale bought a lot and just getting ready for the real bull run after the fork.

Unfortunately, it was only a temporary increase in the price of cryptocurrency, including ethereum. Now the price of ethereum remains at about the same level - $ 129. There is no further growth yet and, probably, there will not be any until the upcoming improvements of this coin. The growth of the ethereum price will further depend on how positively these improvements are evaluated.

I think Ethereum price will show a real grow after implementation hard fork in 2-3 days. Of cause if all will  be successful and smooth without fuckups. And now it's just rebound.

These pumps and dumps are normal in such a volatile market as crypto. Don't forget that after ETH fork it will not result any new token to be received, so there is no real reason for ETH to raise significantly these days.

I think many people did not understand what the ETH fork is about and expect to receive new tokens.

When we are going to stop responding to those nonsense bull thread,I don't see anything new the prices were dumped few days back and its bumping again.So no sign of bulls here.

You are right ,the hard fork is just hours away now and my own believe is the hardfork will have a huge positive impact on ethereum and everyone will be happy about it,about the 11% increase in price it might be a whale packing up what he can before time runs out

Don't fall for it unless you are planning a long hold; no one can predict the fork and it might not even matter. They market does what the people behind the curtains would like.

Fork can also give impetus and much more, but again this will be temporary. Since the bears in the market constantly throw off any attempts at growth, and frequent corrections need to be taken as a natural phenomenon.

be patient. don't buy ethereum too soon. it could be a trap. ethereum prices may go down again. there are still a few more hours before the hard fork occurs.

Man, it can be anything. Now the price and capitalization of ETH is not very big, so jump from 115$ to 130$ can be simple entrance of a whale. It is a simple as that!

yes, I also don't understand why yesterday's ETH prices rise so drastically in just a few minutes, it seems like there are big investors preparing for constantinople hardfork so he buys lots of ETH and makes the price go up

Yes,  this is  one of the sign but many things and price action has to form for us to see a clear bullish signal.  I think one of the ethereum's has just put a lot of funds into the market and that is why we see that huge move yesterday but it might be a trap for them to take another little profits as it happens some days back.  We are going to have more of the bullish trend than the bearish trend because of this upcoming hardfork and at the same time it is good You should be careful about the market conditions as it can be easily been manipulated.

It actually last long and the highest price did not exceed to $130. Ethereum price is currently playing with $123 to $126 which is pretty alarming to me because it smells like a bull trap is being set. It looks like a massive dump is coming after the hardfork so I am watching the price movement closely. This hardfork schedule is pretty intense 😂

Hopely constatinopel fork is good sign for ethereum price. After suffering price fall in 2018, hopely 2019 will be good year for ethereum and most crypto in market. Many big exchanger support for constantinopel fork and ethereum price bouncing up from $114 before constantinopel.

If I personally am not surprised by that because when Ethereum drops in price it can sometimes be more than that so when it rises it can also be fast, it could also be the influence of the buyers who began to increase because many are waiting for hardfork.

hey relax I think it's not the sign of bull run it's just the price increasing because of upcoming hardfork and it could be down the price after hardfork.

We all know that those kind of movements aren't unusual and doesn't really mean anything most of the time. The price of any coin can rise in such time same as it can plunge in the same time and percentage.

Pum & Dump, Bull-trap...

Glad to see ethereum can increase, but I don't think that is the sign of the bull run. We are still far away from the bull, and we don't know the right time for the bull comes. We can only predict more and more without any right information. I will think about that if ethereum can increase, then it's because people want to have ethereum in their wallet so they can get something free (if there is a free coin for people who have ethereum). But if there are no free coins, then they will sell ethereum at the high price, and it's better we wait and see while we can try to make a profit.

Don't be suprised if there are some ups for few minutes. This happened in the past so you shouldn't even be surprised with these movements. And as you look at the market now, eth starts to go down now so that surprise you've caught last day has now changed.

you are right, and today is exactly the 16th. we just wait for the results of the ether hard fork, whether it can lift its value or not. for now, the etherum value is still $ 120.

for me, the increase in eth prices was limited to price manipulation,
my point is that prices are rising due to attracting people playing on eth,
when the fork is finished, I'm sure the eth price has dropped, and it's proven to this day,
that's why I also don't follow eth hardfork trends.

The price increases Ethereum does look really good, but I think it's only temporary. And for now the price of Ethereum is declining for the time being and a good strategy is to trade. Short-term trading, in my opinion, will produce several benefits.

I think it is just the pump only. today even the date on which hardfork occur there is no effect that too means where there is no price increase that is encouraging. I think the bull does not exist and does not occur on this hardfork and even another crypto also have yet to feel the effects of the hardfork happened to ethereum today.

That was the time I think ETH will rise to over $200 dollars because if I remember it right, it was able to replace XRP in the top 2 spot, but now ETH is back down but they are close competing with each other.

That's a big hope, bull run has not yet in the air, it's been in the past but no signs so far, we cannot rush things as it will only lead to a big disappointment, let's just expect less but still continue to believe the right time will come for a bull run.

It's because someone is still thinking about the fake fork I think. Because everyone is thinking of taking profit by holding ETH on their address and that is why they are biying more eth which lead eth to a bump.

Perhaps that is just a bite for a pump to makes people starting to make a purchase on ethereum, thus will makes the price of etherum to start on rising if the people know about that sudden rise.

That's only proven by now, nothing really change that big ETH still not pumping that hard and for those who bought few days ago are surely being disappointed by what is still ongoing even the fork is ongoing, we need to be more extra careful following the trend and make sure that we can let
go before the trend change so we will not be trapped in anyhow.

Of course it has something to do with their hard fork. Actually before the actually date, Ethereum has been surging ahead, from $80-$90 to almost $150 then this week there is a dump, however, it seems that Ethereum is not deterred by it. However it again fell to number 3 spot so we can say that it doesn't have enough momentum so just be careful not be trap once the hard fork is done.

but it finally dropped too, etherum returned to $ 120. it is still very difficult to predict with an increase of a few percent of each coin in the market, because it will eventually drop again. You can't be sure it's a bull run.

Nope, it is a normal sign for ethereum though. The hard fork is just an upgrade so there will be no such effect.