Will the Chinese pumpers pump BTC up again in the next 30 days?

[tokeweed]

i am quite sure the chinese pumpers or whoever they really are come back and cause a massive bull run. the only thing is, where will the price end up going. if we go back to lower $300's, which i don't think will happen, the the bull run will probably peak around $500-$550. that's not exactly what people were hoping for. it is what it is, we have to deal with it if it turns out to be like this.

What most people here are hoping for is unrealistic. If they know how markets work then they would be a whole lot less optimistic as far as the short term goes. Some people think the price would reach $1000 in January....uhhhhhhuuuummmm. Hope is gone.

yep, most people are lacking common sense. i wonder what they feel if their high predictions will end up being nothing more than an illusion.

So BTC at 1000 USD has a very low chance of happening then?

[Epicnicity]

I'm sure that they will, I believe that's where the most of the bitcoin movement comes from.
Sooner or later bitcoin will go up.

[n2004al]

China was responsible for the current pump but was unable to rally enough people to join them and move beyond 500 in USD terms.

The question is, will they return and pump it up again in the next 30 days?

I haven't hear this news. If someone can give any data about this would be appreciated. Two days ago was a very big formal news - which was not directly connected with bitcoin - from the Bank of China. Maybe this might mean some step ahead regarding the status of bitcoin in this country. But this news was not reflected at the price of bitcoin. Even, was see e little decrease of its price. It is not that is augmented more than the real one the role of the Chinese market regarding the affection of it on the price of bitcoin? It is only a supposition given that I have any kind of data to support it. But I don't see some clear connection between these two factors except the fact that the price of bitcoin the last days (not today) was a little higher at the Chinese exchanges compared to other important ones in the rest of world. If it was this the only fact taken in consideration in giving such hypothese for me seems a little less to consider as true the claim of OP.

[tokeweed]

China was responsible for the current pump but was unable to rally enough people to join them and move beyond 500 in USD terms.

The question is, will they return and pump it up again in the next 30 days?

I haven't hear this news. If someone can give any data about this would be appreciated. Two days ago was a very big formal news - which was not directly connected with bitcoin - from the Bank of China. Maybe this might mean some step ahead regarding the status of bitcoin in this country. But this news was not reflected at the price of bitcoin. Even, was see e little decrease of its price. It is not that is augmented more than the real one the role of the Chinese market regarding the affection of it on the price of bitcoin? It is only a supposition given that I have any kind of data to support it. But I don't see some clear connection between these two factors except the fact that the price of bitcoin the last days (not today) was a little higher at the Chinese exchanges compared to other important ones in the rest of world. If it was this the only fact taken in consideration in giving such hypothese for me seems a little less to consider as true the claim of OP.

Can you explain a bit more?

[n2004al]

China was responsible for the current pump but was unable to rally enough people to join them and move beyond 500 in USD terms.

The question is, will they return and pump it up again in the next 30 days?

I haven't hear this news. If someone can give any data about this would be appreciated. Two days ago was a very big formal news - which was not directly connected with bitcoin - from the Bank of China. Maybe this might mean some step ahead regarding the status of bitcoin in this country. But this news was not reflected at the price of bitcoin. Even, was see e little decrease of its price. It is not that is augmented more than the real one the role of the Chinese market regarding the affection of it on the price of bitcoin? It is only a supposition given that I have any kind of data to support it. But I don't see some clear connection between these two factors except the fact that the price of bitcoin the last days (not today) was a little higher at the Chinese exchanges compared to other important ones in the rest of world. If it was this the only fact taken in consideration in giving such hypothese for me seems a little less to consider as true the claim of OP.

Can you explain a bit more?

Sure:

1. I haven't hear that the last pump was caused from China. Is there any source which give some data about this? That my question doesn't mean that what is told by you in main post is wrong or not true. Only that to be credible in one claim like this which is made by you at the main post must be given some data which prove it. If you show those I can agree that what you have told is correct without any problem.

2. My impression is that seeing after every move of the price of bitcoin China and Chinese bitcoin market is a little exaggerated. We had a few days ago an increase about 50 us dollar (dollar less, dollar more) of the price of bitcoin. For me this is a normal move of the price of bitcoin and not a pump connected with China or Chinese bitcoin market. I have doubt even if can be named pump. I again have no problem to agree that I am wrong if your give data which can put down my reasoning.

3. Two days ago the Bank of China did a statement which was a hymn about the cryptos and the technology which serve to produce those (peer to peer). This normally (if is known the mentality of Chinese and they way of doing thing) is a big and open step ahead of the Chinese Authorities versus this technology. This mean even big possibilities that the status of bitcoin (which is semi regulated at China) goes ahead. This news and this possibility, if the Chinese market would have that importance given by almost every post here at bitcointalk when is treated some increase of price of bitcoin, would be reflected in some way and directly at the price of bitcoin. While in the reality from two days before the price of bitcoin was decreased by 20-30 dollar. So the market not even don't reflected positively this news but went down almost the amount of the pump mentioned by you. I think that was indifferent and the movement was a normal movement of the price of bitcoin like almost all the movements of its price in time. This could be a sign or fact that the Chinese bitcoin market might be not always the factor of every movement of its price. And again if you give facts who show that this my thought is a wrong one I would have any kind problem to agree your facts.

[mtnsaa]

I can't really predict this because nobody knows what they will do, however we are only just a couple of negative statements away from a true Bitcoin crisis. Many companies are leaving and selling their BTC investments and that's the reality. Hopefully the storm will pass and Bitcoin will be able to survive as it usually does, but the next weeks/months will be hard and turbulent.

[phreaky]

I can't really predict this because nobody knows what they will do, however we are only just a couple of negative statements away from a true Bitcoin crisis. Many companies are leaving and selling their BTC investments and that's the reality. Hopefully the storm will pass and Bitcoin will be able to survive as it usually does, but the next weeks/months will be hard and turbulent.

I don't see as much companies leaving bitcoin or selling honestly.
Thinks are like normal, the high volume is logic when there is much fluctuation.

[chokesir]

There is no doubt a new pump will come.
But the question is when and for what goal. The current pump was to show bitcon is still alive f.e.

[newcoins1978]

There is no doubt a new pump will come.
But the question is when and for what goal. The current pump was to show bitcon is still alive f.e.

Yes they will pump it again.
My guess it willl come in march and the goal will to establish a new price for the halving.
If not well then we are in some problems.

[Pollak]

I am sure they will do another pump with 2/3 months. Maybe even sooner.
It's their way of making money.

[mtnsaa]

I can't really predict this because nobody knows what they will do, however we are only just a couple of negative statements away from a true Bitcoin crisis. Many companies are leaving and selling their BTC investments and that's the reality. Hopefully the storm will pass and Bitcoin will be able to survive as it usually does, but the next weeks/months will be hard and turbulent.

I don't see as much companies leaving bitcoin or selling honestly.
Thinks are like normal, the high volume is logic when there is much fluctuation.

You don't see them because it's implied in some news or statements but I know for a fact that there are plenty of companies and starups trying to move away from Bitcoin in the recent weeks, it's sad but true. This doesn't mean Bitcoin will die or anything but I'm afraid it has become too tainted with negative headlines every week and many scandals under its belt.