Bitcoin Forum

Before I sleep last night the price was just below 660, and now it is above 680. It even hit 690 at one point. It this a legit price increase or is it just a pump for the holiday? Why does bitcoin price seems to pump around this time of the year?

There was alwways some pumps. Now, some group pumped it (because it can't be legit, too fast) and because it seems to stay, people are now entering in the game and making the money of the pumpers.

I don't believe it has much to do with pump and dump groups this time. In my opinion it's more about natural growth with bitcoin's fundamentals and technicals looking good. Bitcoin makes for a great investment nowadays, and after the halving more and more people started to realize this. Baby steps!

Natural growth? Well i don't hear that thing but all i believe that bitcoin is based on demands, and for this event happening i think the growing adoption make the demands of bitcoin go increase and so for that the price stretch to the fullest thats why we can see some price uptrend for now, but this rally would be stopped if some bad news will spread, but since the price are going up we must grab it so we can enjoy the earning of this coin.

Probably because it happened last year, and the year before it as well. And in that regard people will just assume it will happen again, which you seem to think as well. As result you will see people anticipating on a likely break-out in the price by starting with buying up some "last minute" coins, in order to be ready to sell when the price really rockets up.

Right now all pieces seem to fall in the right places. Sentiment is good, people seem to believe that the price will increase further, Segwit that might get activated this year, overall demand has increased a bit, etc. All these things combined make the market behave like it is doing right now.

Too hard and rapid for me to be a natural growth. No, for me that's just a market effect, a lot of people that wake with the same idea of buying some bitcoins today.

I too think its not natural growth, Some groups are trying to pump the bitcoin or they desperately needed bitcoin for some operations. This sudden rise because of some group from china buying more and more bitcoins, I really wonder who they are and why they need so much bitcoins, which had pumped the rate by $100 within 2 days.

I hope there will be a little fall back in price after they achieved their bitcoin mark(requirement)

I want to believe it is a natural growth but it is just too fast paced to be a natural growth. Anyway, if this continues, people will start dumping again for a quick profit and everything will go back to where it started, hopefully not below 600.

I don't think bigger dump will happen.
A price range of 675 to 680 could become the new support level before trying to break the 700.
The growth of the last weeks and months are looking really healthy imo. We move up, correct and repeat it again and again.

@ OP
What role does it play who is behind the run? It could just be the market.
I don't think there is some special kind of agenda or group behind that upwards movement.
Ok maybe it's China! China!China! :D

Me, but to much resistance at 690, will try again tomorrow.

China pumps, others try to follow. It's a normal market movement, if it will stop qt 780$, then it will go sideways and
correct for a couple of months, followed by a new slow uptrend and a rally.
If it will break resistance at 790$, then a top of about 1300$ is possible, followed by a 40% correction.

Before i was shock to see that the price is increasing but right now its just a normal price pump i told you that it will be the same as last year before or after november we will experience a price pump or price increase that was happening right now and i think 700 value will happen this coming month.

I agree to a degree. I've been saying btc will rise to about 900 by the end of 2016. It's the end-of-year rise for btc. I just don't think we will see 1000, though. It's almost impossible, 900 isn't insurmountable.

Having said it, Get Ready For a Big Crash in January 2017!!! You Have Been Warned!!!

I'm not sure who did it. however I think that the price of bitcoin increased due to the use of more widely used. High growth and development makes bitcoin sought after by many people.

Baby steps indeed, in the long run this is nothing. Those of us who HODL need to stay strong & not sell our coins then we will be rewarded in years to come for our patience.

Natural rise, maybe? Why there is always need to be some pump and dump, there can he just rise in demand. While I'm writing this I reminded about arrival that I saw
'Some governments are buying bitcoins and holding them for possible ransom requests in the future.'
Maybe this is the reason for increased demand and price.

Whoever did this will its really great to see the result of there doings and i think the earnings we can get for the price rise will still continue since the price still climbing up for more, and maybe we can still contribute to this one if we select to hold and to buy some,  700$ price mark are  almost been achieved, so better we should watch and monitor to earn and we surely not late for such events if something bad happen to the bitcoins price.

I do not know the years before, but I think the same scenario happens last year around this time. So I thought there must be a force that is driving this price increase. But of course, I could be wrong and I am just imagining things.

I think there an spike happening on this november 9th i don't think so but in last year there an spike happens so that i think there are lot's of investors or businessman who really want to price increase not just them but for there company too it will hit the point of range of $700

Same before i sleep last night i just view the bitcoin price in preev then seeing now the bitcoin price is now at $681 dollars this is really awesome if bitcoin price will increase tomorrow by chance then it will beturn into $690 for sure growing bitcoin price every 24 hours past this is really great.

why? we've been uptrending since june 2015

That's probably why, I was reading a post in a thread about the Kraken in service discussion in  which someone said he tried to deposit £9K in September to get in early because he anticipated the price going above £500. There are also other people in that thread who deposited in anticipation of a pump. This time last year the price doubled and people are buying because they anticipate another pump.

i think none is pumping here, i think just people are buying into the pump because they see a increase, more increase will bring even more increase, it's a cicle that stop at some point and then you have a new dump

It could very well be true that no major trader is pumping this right now and instead, the people are buying.

Can you really blame them? For the first time the prices have been (somewhat) gradually growing and stable. Stability is key if you want to be attractive to any serious investor.

That doesn't mean, however, that there won't be a dump shortly after such a rapid increase in price. Whoever is sitting on a big pile of coins and bought them around $400 or so, must be getting very impatient.

The recent pump is because of one country china,the Chinese government has started crack down on wealth management products because big companies and the rich are holding their wealth in these and they are implementing tight rules and i doubt people will be switching their wealth to bitcoin and so is the price rise at the moment

I dont think that their is any pumping is going in bitcoin , this price raise is natural as it was very long due, as traders where waiting for price to get down to buy back that is why the price was stable and now they are buying back and the price is jumping naturally.

Before the bitfinex breached do you remember that there is already a rapid increased that happened? If I'm not mistaken it did reached to $750+

And after that incident it fell down rapidly too, so base on what happened from past months, I think that this is just normal that bitcoin will rise again.

Maybe it has really something to do with the majority people living in China that are trying to adopt bitcoins.

We can only speculate who or what is responsible for this increase in BTC price.Maybe is China again as well as last year,but these year price is rising slowly,so there could be a number of factors affecting price.The situation is somewhat different than last year and everything looks much more stable and better.

If China is behind this then we will see same story from last year,first they pump price and then dump all coins,make profit and begin to prepare for Chinese New Year :)

I was slowly converting some of my savings I have in fiat into bitcoin a few days ago. I'm so glad I did. I eventually just went and put another 25% of what I had in fiat in bitcoin so I'm really glad I finally listened to my gut and not my greed. I will just hold now as i rather use bitcoin then fiat anyway.

The shortest answer to your question is: and why not? Bitcoin pumps are irregular and hard to predict, therefore any time seems equally appropriate and inappropriate for them.

The most possible scenario behind recent pump of Bitcoin is bad situation of yuan in China. Yuan is falling so Chinese traders switch to bitcoin in order to put money into different asset.
Bitcoin usage, ease of mining due to low electricity cost and raised awareness of Bitcoin possibilities is driving Chinese investors towards buying more BTC.

Economic instability in several regions,
coupled with the recent news that there may (finally) be some technical improvements in the Bitcoin code,
are creating a growth of interest in Bitcoin.
Plus you have rumors of new services like Megaupload using Bitcoin for their service.

The price also has been pretty stable after the volatility around the time of the halving,
so I would think its more likely to go up at this point than down.

As always, a group of Chinese people that want to make its million dollar of the month.

the Chinese are pumping it hard and we are happy about that,but how long will this pumping last .will it be a force to reach the $1000 mark by 2016 ,it can reach that 1k figure in a matter of days,so i hope the bull continues for a while

If we know that Chinese are major force behind this pump then we should maybe switch our main currency to CNY?
What I mean by that - currently 1 BTC = 4,649 CNY so pump might end when bitcoin's price will reach 5.000.

I think that does the pumping is not the individual. but a great community.
because the number of bitcoin that many would have to have a lot of money too.

This current pump is clearly done by the Chinese because if you try to see the price difference a converted price of Bitcoin to USD at the Chinese exchanges would amount to $705 as of right now. The price of BTC in bitstamp.net is only at $685. That alone tells you that China is pumping money in the system.

If this pump is "legit" or not the answer is only history will tell. If it stays above a certain price higher than now, then yes it is. If it drop below $600 after a few months then not it is not. For me it is a legit price surge because many people may have realized that Bitcoin is the gold standard of all cryptocurrencies.

That's the right answer. Bitcoin itself unpredictable, people were expecting big pump on halving but as people expected the price didn't skyrocket but it rose to certain good price. Same happens here people expected for a pump close to the year end but good things have started now itself. In my view the direct usage as well circulation have increased which is pumping the price high.

Bro during last halving in this year, price value moved more than 800$ plus but due to bifinex crises again falls to around 500$ value but now again price is rising and now the value is hitting 650$ around in the market. So soon price move again to same value or more than that.

It's going up because it broke a triangle and people expect a rally past ATH.

Yes bitcoin jumped high during this night. Honestly I didn't expected that bitcoin will move away from it's frozen point around 620$. But it happen and I wander why? There are many opinions here why it could happen and i don't know the real reasons of bitcoin's price changing. Hope it will just continue to grow and not come back on it's previouse price. I think it's a big step to bitcoin today. after so long time with stetable price.

Actually  im  wondering the same thing too  when  the  bitcoin price  moves too fast  in  previous days even it  moves $10  on a single  night, same to   your situation  but  i  do some research  regarding on the new and  i found  out with this statement from news.( " Almost one million bitcoins, worth more than half a billion dollars, are currently stuck in no man’s land as the network struggles to meet rising demand from China. ) So this means   Huge demands  from  china  do have a  major  impact on this  price increase which  we could say they  manage  to bought million of  bitcoin.

I truly believe  this  one. Thanks for   the   share  bro  regarding  to this  news  since  i didnt  even heard   about it  and  i only  know  that stuff as  you  mentioned  here in right  now. This  is   a great  news for  us  all bitcoin  holders and  investors  and  we  would  love to see the  bitcoins  price   for more to grow and  now   its already happening  and  hopefuly   it would   continue its rally upto december.

If there is a legit demand of bitcoin then this is not a pump but the actual value of bitcoin.  From the qouted info, it only means that more and more people are jumping bitcoin train this 2016.  More demand means more buy pressure, if this pressure started to buy agressively then there will be an increase of price that might create a bubble that can be sustain because of the normal growth of bitcoin price.

I think is because peoples, that want to sell Bitcoins, transactions are stuck.  If they cant sell then price raises since those that can buy can still easily buy on exchanges. Those that want to sell cant move their BTC to exchanges.

May be we should start to think this big pumps in late months every year as cristmas pumps  ;D ;D

Actually i think this recent pump is to get above before bitfinex hack price range which is above $700. Market was dumped hardly when finex got hacked due to fear of getting market flooded with hacked bitcoin however due to strong buy support as well as no any bitcoin getting flooded over few months after hack to market. People sentiment seem to have changed and they are now trying to ride on next price rally.

The affect of the halving is pushing it up

I have no idea is someone is pumping the bitcoin price, but I think that people are interested in bitcoin and are probably buying because lots of people including me think that bitcoin price will be much higher at the end of this year and beginning of the next year.

It's partially your typical Christmas pump. Around Jan/feb we'll see a dip then steady for a bit. It seems to be fairly consistent in that sense, probably because people are sending more bitcoins around this time of year and need to purchase more through exchanges!

We're also getting a nice correction (may be an overcorrection from the bitfinex hack. I'm sure we'll see a small correction with these big rises in the next week.


Huh? No. You're a little late for that rofl.

WAT?  Where've you been, dood?  Halving has had no EFFECT, except for the big runup to it. 

This current bull run--who knows what's driving it?  Who knows what drives any of these price movements?  Seems to be a nice, slow upward trend, and that would seem to bode well for sustainable gains.  But then again, we could crash tomorrow.  Hope all of y'all made a profit.

New users are pumping price. :-)
https://blockchain.info/charts/my-wallet-n-users (https://blockchain.info/charts/my-wallet-n-users)

huge jumped but thanks to them since bitcoin really moving and its doing it great hope it will continue to break 1k who ever making this pump
its really enjoying glad to have them to this investment business.

Nobody is pumping, this move is the same move from like $10 to $11 back in 2012/13.  Its the post halving climb getting ready for a larger move who knows when.

no one can be sure who the perpetrators of the pump. but clearly there has been a significant increase, it could be a community has spent a lot of money to do this.  :)

That one is a drastic increase and can be called as insane when it comes to number of users...
If they are buying the coins, even $1 worth of Bitcoins per person, then possibly we are going to see some hazardous movements in the value of BTC in near time...

It is only question of time when price will follow same trend.
http://bitcoin.sipa.be/speed-lin-ever.png (http://bitcoin.sipa.be/speed-lin-ever.png)

If this is a bubble then we must take advantage of this bubbles. This will be an early phase of bitcoin bubble, more price increase is to be expected in the next weeks.  And yes bitcoin price will certainly fall deep when the bubble burst just like what happened to bitcoin price last 2013 - 2014 when the 2013 bubble burst.

Yup if people will start dumping their coins then we may see price going down again but at a moment price is rising and we can expect much higher price in next couple of months as more people are getting into bitcoins and buying at a moment and that is the reason price is going higher.

It is the Chinese.

lets continue helping the chain by motivating more people to appreciate this type of investment the more people will get involved the more chances
the price will continue to rises up, bitcoin is really rallying brcause of new investors who's joining and see the possible good profits in return.

I wouldn't say it's "natural growth" because obviously someone pumped the market this week. It's not 'natural growth'. Natural growth should be a slow increase in the price. Not like this one. As I'm typing this reply, the market is starting to go down again. Maybe it's the classic pump and dump groups again. Who knows? :)

There's still November and December. We can literally say, "Brace yourselves, winter is coming." now and it's on the holidays when people start pumping the market again.

I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.

The exact jumps in price up or down dont relate to "natural growth" in the bigger picture.  This move up could just as easy be bitcoin catching up to where its supposed to be. 

Lets not forget bitcoin is here to change the world the natural purchasing power of 1 single bitcoin would be huge.  We are already behind stuck at a pathetic $700 bitcoin which wont make any social change at that price.

Both pump and dumps are likely in few months ago also price was showing really nice uptrend but gone through big dumps due to bitfinex hack. So if there will be no such hacks of million $ worth bitcoin or similar things chances of price getting dumped hardly is really low, looking at the current support level bitcoin have.

I agree the ups and downs of bitcoin price is the natural growth probably to the bigger picture.  As long as there is no bad press, we can see this price in an uptrend phase. In addition to this, there are upcoming updates that will at least covers the issue about the confirmation delays of bitcoin.  If the implementation is successful and it is working fine, we can see another big rise to Bitcoin.

A few percents per day IS slow for Bitcoin, very slow. If you were in 2011-2013 you would regularly see days where the price jumped +33% in a day. Back then we would debate whether the 33% jump was natural and say the a "slow natural growth" might be just a few percent per day.

very true
coin scarcity is coming into play

there are a lot less spare coins kicking around than there used to be
some people estimate that 30% of bitcoins maybe lost in the early days
and coins are thus much more scarce than they appear

there will enevitably be some dumping at 700 and 800 but thats fine ,those people wont be able to buy back in
when the price goes up over 1500-3000 and it will hapen quicker than people thought possible when we reach that tipping point

bitfinex wasnt hacked ,unless you mean the ceo  hacked it into his own pocket lol

but there are fewer and fewer places if any where one could hack as many coins as that ever again

mt gox : 850,000 btc  in 2013
bitfinex:  120,000 btc  in 2016

______________ btc in 2017/18 (it will  have to be a much smaller number than previous hacks because there is less centralised failure points and people are more careful with their btc now than ever before only investing a  fraction % in any site etc instead of 100%

It's not slow, you have to look at it as being something that will be getting more normal with the time. The days where you would see huge daily price swings, are not relevant to the situation right now anymore. Right now there is much more money involved (things got more serious), traders and people holding Bitcoin matured (also their way of thinking), Bitcoin is being less (till the extend that it is barely) news sensitive, etc.

All things combined make the world of Bitcoin look different right now. I don't say that you should forget about heavy volatility from time to time, but we will surely experience more slow price movements in the coming years. I think it's a great thing as it might start to attract the average joe and more wealthy people to put money into Bitcoin. Stability is what they are looking for.

Well people are used to a wild swing in price of bitcoin, so it is typical to have a slow obesrvation when bitcoin become a bit stable and increase in price in little percentages.  The fact that bitcoin is now taken seriously by either banks and large company simply means that bitcoin is gaining grounds and trust of the people.  We will see another wild swing in price and then slowly becoming stable when all those who want to jump in bitcoin trend had already have their seats.

sure things are serious at this point we have more companies involved and think that now they starting to accept bitcoin as good and stable value (currency)
this will be in next year or two more adopted so with this percentage in price go up or down i dont mind at all
it will be good in next period and most important is that price is stable

The price increase up to the point of surpassing the ATH may not reach if couple of years from now, most companies or any kinds of related things to that will adopt bitcoin at it's finest. Yes surely the demand will increase but somehow the usage will also increase, meaning most coins will now be circulated in the market resulting for a stable price.

What I want to happen is when that times happen, we are around in the correction that we may consider as a decent one, let' say close to around $1,000. Although this is just a speculation from the side of my mind, this is what I see when bitcoin reached the status of being most adopted.

As we  observe on the  bitcoins price  in previous days and  weeks   it really  does  increase its  price  on a good manner. As ive heard  on the news   chinese  do  buy  millions of bitcoins  and i think   its  one of the reason  why  bitcoins price  is  increasing  and   theres  no  manipulation here but a  pure adoption.

yup and there is a good movement on every market so we can enter to the market to make order buy bitcoin and make a profit on there. many people now want to buy bitcoin while the price is not going to high.

this may be one of the last opportunities to buy whole bitcoins under 800 and soon probably under $1k
ive seen it at $10 ,$100 ,$200 etc etc and $800 will be left behind us soon on our way to the dusty white surface of the moon ;)

This time the pumping of price is continuing due to the common bitcoin users. Lots and lots of people have known about the digital currency and its advantages as a currency and investment had started adopting it for their own goodness. This has caused a pump in price from the price around $650 which is now towards $750.

The question I would like to ask is does that really matter? Anyways, According to trading volume Huobi and OKcoin are the main exchanges in volume so I'd say that if there a country that is pumping bitcoin is probably China.

Bitcoin has a tendency to destabilize as soon as you think it "has become stable" or whatever.

Yes, the pump is natural and will continue in that trend because many people are been introduced daily into bitcoin and they all find it as a suitable means to invest their money heavily which guarantees handsome return. That must be reason why every hike is natural and will yield positive results on long term perspective too.

Absolutely right, I also same thinking about pump and dump, it is not strategically happened, it is naturally happened and who's happen, and that's we are peoples. Because bitcoin is world wild crypto currency, and huge people are using it and doing selling and buying, So that's why automatically price increase and down.   

how can a market flow without any influx ,the price movement cannot be automatic ,it has to be some common factor between the large holders of the coin ,they could really move the market if they are holding a large number of coins

I do not know who is pumping. But it may well be natural. Mouth to mouth or an appearance on local news can create a chain effect at any time...

We all are. Investments are making Bitcoin rise, and it's probably time right now for miners to invest into new rigs, or a millionaire invested in Bitcoin. It needs to grow so it can be held alive.

Even I don't know how bitcoin get pump or dump on their price value. I believe It all depends on the supply and demand of bitcoins only. I have noticed one thing bitcoin is getting rise in the festival seasons and holidays always. Guys anyone knows the reason for it.

Holding a large number of coins, So Who hold it ? As i know big investors and merchants so they are people, i am also holding a big amount of bitcoins, You know why because of increasing price. And many peoples are doing it, because it is a easy way to gain profit.  

i am also thinking the same since three days .
because i  am seeing the price of btc daily about 30-40 times . and at each time i am surprise that price is like at exchange sites where sudden up and then down for long and so on .
but it may be the very big trader who is making very bulj buy and sell and making price fluctuated .

Whales can influence the price in certain scope. Probably the situation on the market in regard of supply and demand too. It's very complex question and the true facts we will never know.

You are right its hard to say what is pumping the bitcoin but it will most likely be that the bitcoin is getting more popular everyday.
Just because of that its these getting pumped what is good.

I was observing the market and thought that the sudden price increase of bitcoin was because of the Chinese buying bitcoin in order to escape Yuan crisis but this kind of scenario had been in the news for some months now.  Then all of a sudden a fake news about Chinese government implementing strict rules on bitcoin and yet there is no proof that it come from the source this news is talking about.  So I have made some conclusion, it might be correct or not but it seems some whale is pumping bitcoin until it hit his target price.  Then propagated a fake news and dump his coins and so other will follow to make bitcoin price go lower and that is when he decided to buy back bringing the price back to $700 +. I also think that price of bitcoin will rise after this event, preliminary pump phase is done, now i guess that the actual pump is about to happen.  I may or may not be correct in this.  Just my opinion.

They're is nothing unbelievable about the current price, I actually think it's very  undervalued and a strong upwards correction is impending.....
Btc has historically always been not for thee of little balls..... They will get shaken off before any great rises as usual because they dump and panic when they should accumulate and be strong

Demand for bitcoin/crypto currency is increasing everyday while as the bitcoin reward per block is getting lowered and also cost of mining those bitcoin is being very expensive. All of this are cause of any price pump in bitcoin, i don't think we should consider every pump as manipulation only instead dumps can be due to manipulation which doesn't last long.

People who hold "a lot"  of btc are unlikely to be checking the price daily trying to make $15

Its only beginners and day traders who take such low level profits because they need to

Well said! Big players do not worry about what will happen tomorrow, or in next week. They are planning such investments for a year, and sometimes for years.
If someone thinks that the current price increase is not natural, or is pumped, is thinking wrong . Everything what we can watch now on charts, it is just natural increase.

this may be good statement cuz we could say that we are "now" at stable 700$
im glad stat things finally started to move and that is good i just hope we could see price go on next stable of 800 with end of this year
for trading this is also good but only with big amount of coin in play with small amount you can can few dollars a day if you follow this price jumps and ups

If it's true that bitcoin is actually being pumped ( with a market cap of about $11bn) I'd say we have a group of killer whales in action

You're, I may just be stating the obvious, but it looks like there are so many big players that are in for a long game with bitcoin, they are not likely to give in to daily fluctuations.

However this big players can control the price, will be not a surprise if I discover that a group make pumps, 10 billion in marketcap isn't too much, I think big miners have a lot of coins and can change the price when they want.

I think we are pumping the bitcoin together, and its also that its getting more popular everyday so that is pretty nice if you are asking me.
I think that the bitcoin has a good future and that we are making it together.

if the price increases bitcoin was very fast, maybe someone who has bitcoin or a lot of money doing something to make the bitcoin prices high. however, I believe that if it happens slowly, it occurs naturally and it will surely make bitcoin prices stable in a very long time

I believe its Trump who is pumping Bitcoin now

Nobody pumping Bitcoin! Continuous growth in recent times is quite natural. The fact that Trump won the election in the US weakened the dollar, but in my opinion had a small impact on the price of Bitcoin.

interesting is that in stock market was very busy some stock were down quite and some other thing to for several hours gold silver oil
this can be in any way involved with trump but think that some stock were but for bitcoin he is again on right track so this will be good for us

Well i think the people made it and same as you i don't believe trump make the price stretch up,  and trump winning is just a fab for now, and actually we've seen that the price is already climbing eventhough if the election period of america is on the loose and hillary is the top of survey at that time so thats the reason i don't believe on other thoughs that trump got huhe effect on this good up,  the one we are experiencing at rhis moment is peoples hord and faith thats why price go up.

I'm confused.. So the choice of Trump for president has an impact on the Bitcoin price or not? From what I know, in his speeches there was nothing about Bitcoin. I do not know why you think he would introduce or popularize Bitcoin. From what I heard it was Hilary that mentioned something about crypto ..

no one knows exactly who is doing the pumping. but I think bitcoin more and have a lot of users. even the current increase in bitcoin users very fast and well balanced.

Traders and good pumping bitcoin so that they can really made good profit before they sleep and i really know that because i am a trader also and i can see that there are lots of investors who placing and buying bitcoin in exchange website every day or every second of the time It's really amazing when the bitcoin price will increase fast again.

No, I dor think so. How could he pump the Bitcoin? Fortunately Bitcoin is stil not so tied to the politics and all this US election things haven't influence the price.
The price depends on the market, the rules of demand and offer. I think that whales are the only ones who can pump the price intentionaly.

The past days pumping of price seems to be due to the true nature of gradual rise and fall. Now fall in price has started, which might stabilize after few weeks fluctuations. The next pumping is expected soon as we are getting closer to the year end. The year end pumping in price might be a steep increase.

i think is pumping bitcoin is cooperation not one person
because is pump bitcoin need much money
if only one person pump bitcoin this money not affect to the market, because if only one person low capital money

Bitcoin is currently trading above 200 days moving averages which may convergence toward upper resistance levels around $820 prices before make any possible down movements. Technically bitcoin prices seem very strong and as you mentioned it is slowly moving as per usual market fluctuations. If the positive environment for bitcoin will continue among new us president, then we can soon see prices hitting $1000 price levels.

I do not think it's as easy as pumping the price at least the latter happens it is because the governments of some countries began to take into consideration the existence of bitcoin.

well, you can't really call it pump an dump because there was a rise and then a drop afterwards. a pump has some kind of a negative meaning with itself which means price has gone up fakely! and a dump is big and usually brings back the previous price not just a small price drop.

So many people thinking to hold bitcoin as you think, when it reaches some point and sell their coins.
I don't know for sure, is it the increasing because of holders or high demands of people buying bitcoin, both of it maybe and others factors.

Even the last few days  there are some price decline due to issues and people selling their coins, now it back increases. Holders keep hold and waiting until we reach stable price at $1000, hopefully.

To the price could fall, it would have to grow first.. ;)

Only holding coins, does not make the price will rise. Many miners is selling coins on a regular basis in order to cover its own costs. And it will not change to the last explored coin.
For every free market, the price will only grow due to increased demand, never just by holding.

Wll I read that one of the member of the republican is a good supporter of bitcoin, so they are speculating that this person will have an influence to Pres. Trump and will promote bitcoin or give favor to bitcoin.  Well people can speculate but then the realization will appear that what we have thought about Pres Trump effect in bitcoin have really nothing in effect.

We are pumping the bitcoin and the fact is that it gets media attention what is good for the bitcoin and due to the people are also buying it what is of course great.

Wll I read that one of the member of the republican is a good supporter of bitcoin, so they are speculating that this person will have an influence to Pres. Trump and will promote bitcoin or give favor to bitcoin.  Well people can speculate but then the realization will appear that what we have thought about Pres Trump effect in bitcoin have really nothing in effect.
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Who would that be? I'm yet to find any solid information to substantiate this.

I am agree that it's we are who are pumping bitcoin. Not Trump and someone from politic. The demand makes the price to rise actually. When ever when appear new users of bitcoin or new investors the price for bitcoin starts to grow. The demand and selling-buying makes bitcoin machine works.

We as people were pumping the bitcoins now they are those miners and they bought mining hardwares to mine bitcoins. If i were to choose its better to do tradings online rather than mining because in trading you have an analytical skills to develop rather than mining its more like not challenging. A lot of demands makes btc price rises to its value.

No one is pumping Bitcoin

It is called natural growth and economic situation that is favorable to Bitcoin investments.

I see no sign of a pump right now

yes I agree with you. This is a natural occurrence that happens because of the greater demand for bitcoin. current users of bitcoin is growing rapidly and is also outstanding. an increase that occurred at this time purely because bitcoin is getting better.

When you talk of 20% growth in a couple of months, people suspect it is getting pumped. In this case, I think the negatives associated with the bitfinex hack now are considered non-material. This has resulted in the price recovering.

The users are gradually increasing day by day, and taking into consideration each user if purchases just 0.01 btc, then too the price is to rise at a constant pace. So, I don't think this is a pump but a growth in price which is going to continue more ahead.

Well this is because of the effort of the bitcoin community.  They are tireless in promoting bitcoin to new sets of potential supporters everyday.  I agree that purchasing 0.01 BTC of every user per day will eventually increase the bitcoin value but the problem lies ahead when these people sells their accumulated BTC, then it is true that the  buy support today will be the resistance of tomorrow because we all need to exit with a profit.
Anyway with increase of use of bitcoin it is normal that there will be an increase in price because new people will buy bitcoin and use that bitcoin to subscribe for that service.

the addition of bitcoin users can create bitcoin price increases. because of the surge in demand is strong. may even bitcoin prices will rise very high later in the day.

That's the most powerful factor today. with the presence of the number of users bitcoin then we can feel the rise in price of bitcoin. the increase is caused by a number of users are very much at all. Fewer people will not be able to influence it.

Who needs to develop analytical skills if you are earning tons of money in mining. It is a passive income. We push bitcoins to be adopted and make the price higher while miners make sure that transactions are confirmed and the blockchain secured.

as the number of bitcoin users is increasing on regular basis, as they are also investing their assets in bitcoin so they are purchasing bitcoin, which is increasing the demand of bitcoin, that is why the price of bitcoin is increasing, so we can say that the new users of bitcoins are increasing the price of bitcoin.

Actually it seems to me the price is kind of getting inflated day by day. It would be wise to approach more buying with caution as this has already happened in the past. What rises eventually falls.

Traders from market will always pumping and dumping the price of the bitcoin and if there's an millionaire traders that can really manipulate the price of bitcoin i think he can really control the price of bitcoin some other's say's that the price of bitcoin is manipulating by chinese trader and i don't think if this is true.

Bitcoin price purely controlled by supply and demand since the beginning until the end, traders, investors, people, corporate, company, whatever they are who buy and sell bitcoin is the reason why price rise and fall, but buy and sell are influence by economics condition, market cap, gov regulations, hacked, all these news affected people to do so, buy or sell bitcoin.