Bitcoin Forum

Is there any news that make bitcoins going up these days?

Perhaps they are trying to pop up the price so much as to pay for the Romney tax return 1 BTC? :)

Any idea is welcome.

One word. Aliens.

One Word. Magic.



(seriously though is someone actually KNEW why the price is spiking they wouldn't tell you.  they would either be buying or selling.  Even more seriously Magic.)

Don't be shy, use more words  ;)

It's payday, and time for people to spend their hard earned money on SR using Bitinstant...

Alien Magic

That's right, but maybe we can guess  ;)

As usual you are probably very near to the truth (my personal opinion)

Speculation the September announcements going to come out at bitcoin 2012 and move the price up. Also I've noticed about the last 3 big media stories are all positive I think journalists are starting to realize the price moves on what they write and are buying in.

You consider the Mitt Romney extortion positive?

Bad publicity is still publicity.

QE3

Yeah it was a bit of a stupid argument on my side considering all that's going on, but if you look at google news for bitcoin it's all positive no talk of silk road, funding terrorism or ponzi's and tbh I thought the Romney thing would create a shit storm questioning the danger of bitcoin but it hasn't at all....yet!

You ain't seen quickly, son.

I guess it will reach 11.72 before 9.40 PM this time  ;)

I'm about to have 10 people test a new automated trading bot...
https://bitcointalk.org/index.php?topic=109317.0

My thresholds are low enough that it shouldn't be effecting the price, but if enough people were running it with high enough thresholds I believe the cumulative effect of the algorithm might stabilize the price (although that's not it's intent, it's intent is to make me money ;) )

Anyways I'm inviting comment on it, i've laid the entire algo out on page 2.

Sorry for the thread hijack!

It's went out that my guess was the right one! :)

Hi Asis,

your idea seems to me very interesting but why don't you announce it with your own thread? It's more effective, from my point of view.  ;)

+1
Plus, continuing EU malaise. (Looks like Greece will need another bailout, etcetera...)

Haha, I don't think it works quite like that, but if it did, I would be all for it.

+1

Bitcoin Conference 2012 in London is one reason, I believe.

Lots of announcements and sharing of Bitcoin innovations.

Yeah, pretty much....

http://www.cnbc.com/id/49026434

Done! next prediction please?! :)

11.84 before the same hour

A few days ago were only 400 Nodes Connected :o

And how does it impact the price of BTC from your point of view?

More people using Bitcoin, more trades/exchanges... ;)

It's gotta be Mitt Romney buying his hush money. ;)

But we would see it here:http://nandbit.com/romney/
Of course, if I had much money and wanted to produce panic buy I would send some money on those 2 addresses :-)

+1  we can hope.   I thought about this too.  Kudos

No, I believe the number of bitcoin nodes has been on a steady decline for some time now. Alt-clients offer more convenience for casual users, and they have been getting increasingly better.

The sudden spike is likely due people wanting to tinker with the new release.

Could be wrong though.

You are a genius!