Bitcoin Forum

Always a good day when it's a bullish friday.

What happened to the weekend dump? ;D

I'll worry about that tomorrow lol.

 :D :D :D

A nice +3% during the da; 20$/BTC :P

weekend is another bullish day, no more dumping !!

Bull mode!!

3% fluctuation is just noise.

Weekend dump is a fallacy. There is no rule, written or not, that dictates that a weekend dump will occur. Dumps occur when those controlling the markets guide them.

There have been many weekends when no dumps have occurred, in fact, some weekends see the market thrive. Please don't make trading moves based on fallacies, it can leave you out of pocket, lining the pockets of whales in the process.

https://www.youtube.com/watch?v=fwNvIM2W9Aw

Just a little bit late but it's made it just like some predicted/expected.  I sure hope your all happy..  ::)  ;D

Simple things...

back to sub 639 :(

stop fooling yourself and others, there is no bullish day thing any more, the only way bitcoin can go is down trend bearish way

I don't see any reason to swing out of the $600-650 range in the foreseeable future
What's the next significant expected newsflow that can affect price?

It could still happen. There really wasn't one major bit of news that pushed us back into the $600s this last time, was there?  IMO, the overall market sentiment is getting a whole lot better

Went up to around 640 earlier today and down again.

swing around $600-$650 is good form for bitcoin
at least bitcoin doesn't drop to $500-ish
still wait for another good news to fueling the price to $700 ;D

good news doesn't usually have immediate effects on bitcoin. generally events have greater impacts when they come to pass. example, the auction, everyone was scared about it but there wasn't a lot of movement after the initial panic until post auction when all the bears bought back in after they'd sold. i think movement will come from the influx in money coming from the GABI fund, 200 million proposed investment in the fund should move the price a bit, possibly cause panic buying and lead to a snowball effect

seems to be kind of the calm before the storm, lots of investor money slated to start coming in, I think we may be sarting another bull run

A fool and his money Bitcoins will soon part.

BTC has been way too low after coming down from that run to $660.  I think we'll be heading up to the $640 range this next week.  The market has been waiting for another rally with no really bad FUD going around

I suspect next month this time we will have made a significant moves up or will be in the process of doing so.  All the news is good recently and don't see anywhere else to go but up.

I've seen the price stalled for more than 8 weeks before. I think there is no reason for that doesn't happens again.

I got to say, Bitcoin has been through some real shit over time and has held its own in terms of market price very well. Bitcoin as a protocol is alive and well, as it will be irrespective of the daily price variations.

It's a game of patience; many people keep hoping for the next 'bubble', and a lot of people think as $10,000 as the magical target price, at which point they will apparently dump their coins and live happily ever after...

That's this year's version.

It wasn't all that long ago that those who paid pennies per coin thought that $100 per bitcoin was the moon. Many cashed out when it finally got there.

By last year those who'd paid a few dollars thought the moon was $1000 and sure enough, when it hit a grand many dumped.

Now we have many noobs who think of bitcoins as costing hundreds of dollars each, so we shouldn't be surprised that they see the moon at $10k and we can expect a accompanying dump when that's reached.

When Bitcoin broke $100 it made a millionaire out of whomever sold that famous pizza. Last autumn when it broke $1000, all the thousand coin holders became millionaires and a big party was planned. It's little wonder that those with a hundred or more coins are eagerly awaiting $10k per.

And on and on it goes, at least until wide-scale adoption takes hold.

As for dumping any coins to live happily ever after, that would be foolish. Ever after would almost surely be happier with billions of satoshis than with millions of dollars, euros or whatever fiat currency is still standing.

Agreed when I say we are going up I'm not saying today I'm say the over all trend will be steady or trend upwards.  I'm not in the bubble camp really I just like the growth part, I'll take it how I can get it i guess.  I'd prefer sustainable movement however.

A bullish day is never a bullish day when you don't have any fiat around.

We haven't had any bullish days in a week or so. Yesterday was just another sideways movement. We were lucky that we didn't fall in a pit, ha  ;D
I have't even looked at the price in a couple hours, so I don't know if we're even above 600 anymore  :P

It hasn't been below 600 in a month.. what makes you think it did in 2 random hours?

He didn't say he thought it was

It could go anywhere in the next few weeks, up or down, as always

i don't know anymore. i mean, this is what most people here have been saying for the past 2 months, and not a whole lot has happened.

Well the price seemed to target the high 500s a couple of times over the past week(s). The small bull runs haven't really meterialized a major choo choo and thus some people tend to get overly pessimistic and start shorting. Other people fall for the pessimism as well and together the price isn't exactly climbing steadily at the moment. It could go either way to be honest. Although I'd prefer the north!

Price action looks very weak.

I am tempted to short at 620 and cover around 550.

Did you short?

If you did you made some money

$25/btc.

Need to have some bitcoins for this be good money