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Title: Price Surge? Post by: BitPhotos on May 20, 2014, 05:36:43 PM Anyone know what just caused that mini price spike? it is up to $493 right now! Hopefully it keeps going! Haha but seriously? I mean it doesnt just spike for no reason so
Title: Re: Price Surge? Post by: BittBurger on May 20, 2014, 05:39:33 PM Don't micromanage the Bitcoin price or you'll go insane.
Everyone's been waiting for the 2014 spike. Might happen now. Might not happen till December. Millions of reasons for the price to go up now. Good news all over the world as far as adoption. -B- Title: Re: Price Surge? Post by: bitcoinsrus on May 20, 2014, 05:47:09 PM Check volumes on bitcoinwisdom (huobi and stamp) and check out fiatleak. I saw 7k in 1 hr to china (fiatleak shows both buy and sell orders so its not really a good indication but close enough).....The normal is 500-1200 btc per hour so around 7x the volume (on fiatleak)
Title: Re: Price Surge? Post by: franky1 on May 20, 2014, 05:50:06 PM agreed, dont get emotional about every 5-10% change.. its not what i call big. and if you can manage to refrain from 5-10% swings then you wont be one of the ones that panic sells at a 5% drop..
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