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Author Topic: Some Interesting pump in BTC  (Read 898 times)
Findingnemo
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May 31, 2020, 12:50:27 PM
 #41

It's unpredictable because it's manipulated.

There was a recent study done by a group of economists that showed both gold and bitcoin markets were manipulated to drop in March.

With Bitcoin it was pointed out that bitmex had a lot to do with that crash. It's not bitcoin it self that crashed but one exchange did and that caused international panic.

I'm sure that 10 thousand will be broken soon. We are coming back to this telev too often and it weakens the resistance.
I don't think this recession or economic crash is mainly motivated to dump the bitcoin nor gold, it is only for the stock market because total market of stock market is comparatively huge with crypto market and gold didn't lose its value either.Bitcoin was affected due to the stock market crash but started to recover very soon after the pandemic attack.

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Distinctin
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June 01, 2020, 01:11:17 PM
 #42

It's unpredictable because it's manipulated.

There was a recent study done by a group of economists that showed both gold and bitcoin markets were manipulated to drop in March.

With Bitcoin it was pointed out that bitmex had a lot to do with that crash. It's not bitcoin it self that crashed but one exchange did and that caused international panic.

I'm sure that 10 thousand will be broken soon. We are coming back to this telev too often and it weakens the resistance.
I don't think this recession or economic crash is mainly motivated to dump the bitcoin nor gold, it is only for the stock market because total market of stock market is comparatively huge with crypto market and gold didn't lose its value either.Bitcoin was affected due to the stock market crash but started to recover very soon after the pandemic attack.

I would say it has already recovered, we can see that on its performance this year so far.


https://coinmarketcap.com/currencies/bitcoin/


If you check and compared the graph of stock market YTD, it's descending but look at our market, it's very impressive because we have recovered from a sudden and significant dump.




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June 01, 2020, 03:12:29 PM
 #43

Pump has occurred before halving, Bitcoin has gone up more than 100% before halving, and has already reached $ 10,000,
naturally if prices are now down, and hopefully not less than $ 8,000

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June 01, 2020, 04:11:25 PM
 #44

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

And finally you are wrong! BTC reached around at $9.7k and then dumed $9.5k area within 24hours. Its seems btc is going to dump more as it doesn't have Strength enough able to break $10,000 resistance soon! So can't expect to reach around $12,000 within this month

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June 04, 2020, 01:00:31 AM
 #45

Pump has occurred before halving, Bitcoin has gone up more than 100% before halving, and has already reached $ 10,000,
naturally if prices are now down, and hopefully not less than $ 8,000
Bitcoin is a perfect coin for long term pump, But If we expect interesting pump on all the time is our own risk. Normally all the peoples are concentrate trading so BTC is right investment for this scenario. It is decentralized platform so anytime it will be move on below 8k USD and above 10k USD. I hope this year we expect more changes in Bitcoin.

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Ridwan Fauzi
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June 04, 2020, 04:07:19 AM
 #46

After the halving the price of BTC has increased now from the past few hours is this a bull effect??? I think big business fortunes are buying more BTC now because the entire global market has been crashed right now so they filling the bags by buying BTC and making it demand..

This crypto market is always been a twist, to be it seems like the price might reach $12k in couple of weeks. Guys share your thoughts.

And finally you are wrong! BTC reached around at $9.7k and then dumed $9.5k area within 24hours. Its seems btc is going to dump more as it doesn't have Strength enough able to break $10,000 resistance soon! So can't expect to reach around $12,000 within this month
Investing and trading bitcoin is high risk, you have to spend money that you can afford to lose, yeah that is the important part before you decide to buy bitcoin.

As for the movement price of bitcoin a day ago indeed it was disappointing. Before its price touched more than $10.000 and it was dumped to $8600 if we look it bitmex exchange within 15 minutes.

But we don't need to worry, you can see its price back to $9600 as its original price before pump and dump which is mean many investor out there still believe that bull run for bitcoin will really comes. We just need to wait and keep update with the latest news and some expert predictions at least it will keep you confident to be a holder/trader.
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June 06, 2020, 04:35:09 PM
 #47

Pump has occurred before halving, Bitcoin has gone up more than 100% before halving, and has already reached $ 10,000,
naturally if prices are now down, and hopefully not less than $ 8,000
in fact, the opportunity to reach the price of $ 10,000 is still there, even very large. it's only a matter of time until the price of bitcoin reaches that price. however, I still think that the price of bitcoin can reach more than $ 15,000 this year. it's just the moment that I've been waiting for hasn't appeared yet. so, it seems like this takes time.

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June 06, 2020, 05:48:58 PM
 #48

in fact, the opportunity to reach the price of $ 10,000 is still there, even very large. it's only a matter of time until the price of bitcoin reaches that price. however, I still think that the price of bitcoin can reach more than $ 15,000 this year. it's just the moment that I've been waiting for hasn't appeared yet. so, it seems like this takes time.
Waiting for $15k isn't really interesting. My moment is 10x that number.
Anyway, $15k is overestimated but definitely possible this year. The problem is consolidation. Without having a solid +$15k base, any number above $11k will not stand for long time. We need also to attract more people to join bitcoin and build with us that solid floor of +$10k, well preferably  Smiley

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June 06, 2020, 09:44:48 PM
 #49

in fact, the opportunity to reach the price of $ 10,000 is still there, even very large. it's only a matter of time until the price of bitcoin reaches that price. however, I still think that the price of bitcoin can reach more than $ 15,000 this year. it's just the moment that I've been waiting for hasn't appeared yet. so, it seems like this takes time.

For what purpose are you waiting for this moment? Do you think that any global changes should occur at this level or is this just the target level for you to sell/buy bitcoin?
As for the level of 10k, I do not think it is reasonable to seriously discuss this. The price can fluctuate for a long time in the region of this level, in fact, it is reached.

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June 06, 2020, 11:18:09 PM
 #50

Pump has occurred before halving, Bitcoin has gone up more than 100% before halving, and has already reached $ 10,000,
naturally if prices are now down, and hopefully not less than $ 8,000
Bitcoin is a perfect coin for long term pump, But If we expect interesting pump on all the time is our own risk. Normally all the peoples are concentrate trading so BTC is right investment for this scenario. It is decentralized platform so anytime it will be move on below 8k USD and above 10k USD. I hope this year we expect more changes in Bitcoin.
We can't avoid this thing and ain't that surprising anyway to say dumps after the rising moment. That is why it is not advisable to buy Bitcoin when the price is started to move high that rather than to take the opportunity when it is still at a low. We keep thinking that we are rallying back high again and that is probably will happen as the halving effect will soon to see in the market. Only we don't need to hurry as the bullish season will come momentarily. And those people who easily get mad about the market performance will surely get nothing.

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June 09, 2020, 04:55:38 PM
 #51

Crypto pump is where a group of users and/or investors get together and pump a coin to make a profit. They announce the coin right before the pump. Pump and dump schemes are illegal and considered securities fraud by the SEC. In most regulated markets like the London Stock Exchange and the New York Stock Exchange,

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