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Author Topic: Recent Price Bump  (Read 2570 times)
DodoB
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June 04, 2016, 07:12:20 PM
 #41

I think the recent price bump was thanks to Steam,a platform with millions of people using it suddenly starts accepting bitcoin,this caused the price increase.
wikenpp
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June 04, 2016, 09:35:25 PM
 #42

I think the recent price bump was thanks to Steam,a platform with millions of people using it suddenly starts accepting bitcoin,this caused the price increase.

I doubt that. The amount of transctions there are mostly smalls and looking at the exchanges most of the volume comes from China/Hong Kong @
http://coinmarketcap.com/currencies/bitcoin/#markets

It's the manipulators at work which is good, since we all profit this time.
Question now is when will they start selling and make the price crash. Before of after the halving?
Ejanend
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June 16, 2016, 07:19:40 AM
 #43

I think the recent price bump was thanks to Steam,a platform with millions of people using it suddenly starts accepting bitcoin,this caused the price increase.

I doubt that. The amount of transctions there are mostly smalls and looking at the exchanges most of the volume comes from China/Hong Kong @
http://coinmarketcap.com/currencies/bitcoin/#markets

It's the manipulators at work which is good, since we all profit this time.
Question now is when will they start selling and make the price crash. Before of after the halving?

Most of the volume in China are fake volumes. There are many discussions about that in the forum already.

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alani123
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June 16, 2016, 08:11:12 PM
 #44

China is the word. Dem new chips gotta be profitable.

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Washika
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June 17, 2016, 06:27:15 AM
 #45

China is the word. Dem new chips gotta be profitable.

The US and Europe are still the richest in the world. They have the power to print loads of money. We have to use bitcoin to protect us.
elDano
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June 17, 2016, 07:28:21 AM
 #46

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.
Washika
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June 20, 2016, 02:36:04 PM
 #47

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.
bitcoinboy12
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June 20, 2016, 04:31:08 PM
 #48

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Yep, this has been the speculation about Bitcoin. I think what was projected just went on and happen..

jaredboice
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June 20, 2016, 04:50:43 PM
 #49

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised
Washika
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June 21, 2016, 01:50:13 PM
 #50

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised

You might be surprised. The price is below $700 at the moment. I think 70% rise in the last month could be too high.
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June 21, 2016, 02:00:34 PM
 #51

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised

You might be surprised. The price is below $700 at the moment. I think 70% rise in the last month could be too high.

Only because of bitfinex problems, the price won't stay here for long.

It won't even take a week to get back on the upside track.
Washika
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June 23, 2016, 10:56:12 AM
 #52

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised

You might be surprised. The price is below $700 at the moment. I think 70% rise in the last month could be too high.

Only because of bitfinex problems, the price won't stay here for long.

It won't even take a week to get back on the upside track.

The price drop has little to do with the bitfinex off line problem. The price has risen too fast in the last month.
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June 26, 2016, 08:45:52 AM
 #53

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised

You might be surprised. The price is below $700 at the moment. I think 70% rise in the last month could be too high.

Only because of bitfinex problems, the price won't stay here for long.

It won't even take a week to get back on the upside track.

The price drop has little to do with the bitfinex off line problem. The price has risen too fast in the last month.
Well yeah man It risen too fast and then dropped back too fast. I think that it will rise again by july. So hold your bitcoin and wait for it.

The price is too volatile. If the price just rose 5% a month, the price rise will be much more sustainable.
Washika
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June 28, 2016, 01:54:25 PM
 #54

You can already see now that the price of Bitcoin is becoming higher and that would be nice because there are a lot of people that is hoping for a higher value.
And of course it will be hard to know what will happen with the value in the future but it is now rising well.

The bitcoin price is around $730 to $770 for about a week now. If it consolidates around the current level for a few more months, it will rise very high.

Judging by the recent action, the approaching halving event, and the fact that we have already been in a bear market and post-consolidation phase for about 2 years combined (longest in Bitcoin's history) I doubt it will take months.  More than likely consolidation will occur over days or at most weeks.  If it consolidates over a several month period in the $700s, I would be very surprised

You might be surprised. The price is below $700 at the moment. I think 70% rise in the last month could be too high.

Only because of bitfinex problems, the price won't stay here for long.

It won't even take a week to get back on the upside track.

The price drop has little to do with the bitfinex off line problem. The price has risen too fast in the last month.
Well yeah man It risen too fast and then dropped back too fast. I think that it will rise again by july. So hold your bitcoin and wait for it.

The price is too volatile. If the price just rose 5% a month, the price rise will be much more sustainable.

Most investors like that kind of rise. But traders and big whales do not like that. They want to make money out of it.
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