Bitcoin Forum

What is going on in the market ?

Some say its willy 2.0 other say its a bubble. All we shall be concerned with is that its a rise and it would rise more till december/january before crashing down again. We are going to half soon and maybe people are speculating about the market volume drop and thus are expecting price rise.

Annual event?

I missed on this week's email for the "Bitcoin Peek Price". What happened to it(was really interested in reading something good)?

Think that mail is sent on Fridays.

Actually after reading some news it was clear that bitcoin is gaining momemtum because it is getting some good news from some countries like china exchange BTCC has started direct cash deposit to purchase bitcoin, AMA conducting seminar on bitcoin and replying the queries of bitcoin users. But how it went high it is coming down same type. i think this is the game played by big players.

After going INR 30000+, it is now coming back to square one. Currently at INR 20000+ and I believe, it'd soon be ~15000 INR range again. Some of you might have noticed, that at the top, it was almost impossible to sell at bulk :-\

Yeah bad drops today. Looks like it would at least reach 18k.

now the bitcoin price is just roaming between, $310 - $350, i think any thing can happen on the breach of this resistance like if the price goes below $310 then i think we can see some selling pressure and it may touch to $250 back or if the price crosses above $350 then we can see back the price raise above $400 so which ever is their this range should cross on either way.

It is no wonder that the Bitcoin price went upto 30000+ ,when there is a bulk need for Bitcoin the price will eventually go up. When more people are aware of Bitcoin, the more will be the demand.

Revisited this thread exactly after one year and price is more than double today. The lowest Buy Rate(Rs.)+Fees on www.bitcoinrates.in is INR 51000+ (not considering the iGot scam), though on www.preev.com/btc/inr, it is INR 47000+.

No asset would have given 100% returns in this market. BTC has given 100% returns in past 1 year. So how does the future look, will btc be able to survive above 700$ is the first question till next week?

I hope it will.I predict price keep rising till first week of December

Well let us see because 700$ is the first resistance it seems. Ystd from 740$ it dropped it 680$ almost in a day and started to recover and at 700$ it is trading now. But still very much fluctuation and hope so it does not fall to 600$.

dude it has touched more than inr47000 .well 25k is nothing .and i think if its  25000 people will be buying a lot of bitcoins .hop ethe price of bitcoins rises and rises so that u get satisfie money through ur hard work..kudoos :)

Price has reached 60000 already now, and that's the effect of PM Modi's decision on 500 and 1000 Rupees note ban.
Kudos to everyone who invested before November month, they must be enjoying high profits currently.