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Author Topic: Anybody knows why BTCs are going up so quickly today?  (Read 2551 times)
johnwhitestar
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September 14, 2012, 04:45:15 PM
 #1

Is there any news that make bitcoins going up these days?

Perhaps they are trying to pop up the price so much as to pay for the Romney tax return 1 BTC? Smiley

Any idea is welcome.
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SaltySpitoon
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September 14, 2012, 04:47:10 PM
 #2

One word. Aliens.
DeathAndTaxes
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September 14, 2012, 04:47:38 PM
 #3

One Word. Magic.



(seriously though is someone actually KNEW why the price is spiking they wouldn't tell you.  they would either be buying or selling.  Even more seriously Magic.)
johnwhitestar
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September 14, 2012, 04:50:22 PM
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Don't be shy, use more words  Wink
thebaron
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September 14, 2012, 04:51:43 PM
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It's payday, and time for people to spend their hard earned money on SR using Bitinstant...
nathanghart
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September 14, 2012, 04:53:51 PM
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Don't be shy, use more words  Wink

Alien Magic

johnwhitestar
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September 14, 2012, 04:55:05 PM
 #7

(seriously though is someone actually KNEW why the price is spiking they wouldn't tell you.  they would either be buying or selling.  Even more seriously Magic.)

That's right, but maybe we can guess  Wink
johnwhitestar
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September 14, 2012, 04:56:20 PM
 #8

It's payday, and time for people to spend their hard earned money on SR using Bitinstant...

As usual you are probably very near to the truth (my personal opinion)
SaltySpitoon
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September 14, 2012, 04:59:08 PM
 #9

That's right, but maybe we can guess  Wink

One word. Aliens.

One Word. Magic.

Alien Magic
Chang Hum
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September 14, 2012, 05:25:08 PM
 #10

Speculation the September announcements going to come out at bitcoin 2012 and move the price up. Also I've noticed about the last 3 big media stories are all positive I think journalists are starting to realize the price moves on what they write and are buying in.
SaltySpitoon
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September 14, 2012, 05:30:53 PM
 #11

Also I've noticed about the last 3 big media stories are all positive I think journalists are starting to realize the price moves on what they write and are buying in.

You consider the Mitt Romney extortion positive?
thebaron
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September 14, 2012, 05:32:39 PM
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You consider the Mitt Romney extortion positive?

Bad publicity is still publicity.
BrightAnarchist
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September 14, 2012, 05:34:22 PM
 #13

Is there any news that make bitcoins going up these days?

Perhaps they are trying to pop up the price so much as to pay for the Romney tax return 1 BTC? Smiley

Any idea is welcome.


QE3
Chang Hum
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September 14, 2012, 05:38:29 PM
 #14

Also I've noticed about the last 3 big media stories are all positive I think journalists are starting to realize the price moves on what they write and are buying in.

You consider the Mitt Romney extortion positive?

Yeah it was a bit of a stupid argument on my side considering all that's going on, but if you look at google news for bitcoin it's all positive no talk of silk road, funding terrorism or ponzi's and tbh I thought the Romney thing would create a shit storm questioning the danger of bitcoin but it hasn't at all....yet!
finkleshnorts
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September 14, 2012, 05:40:20 PM
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You ain't seen quickly, son.
johnwhitestar
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September 14, 2012, 05:51:01 PM
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I guess it will reach 11.72 before 9.40 PM this time  Wink
isis
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September 14, 2012, 06:07:01 PM
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I guess it will reach 11.72 before 9.40 PM this time  Wink

I'm about to have 10 people test a new automated trading bot...
https://bitcointalk.org/index.php?topic=109317.0

My thresholds are low enough that it shouldn't be effecting the price, but if enough people were running it with high enough thresholds I believe the cumulative effect of the algorithm might stabilize the price (although that's not it's intent, it's intent is to make me money Wink )

Anyways I'm inviting comment on it, i've laid the entire algo out on page 2.

Sorry for the thread hijack!

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johnwhitestar
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September 14, 2012, 06:12:50 PM
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I guess it will reach 11.72 before 9.40 PM this time  Wink

It's went out that my guess was the right one! Smiley
johnwhitestar
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September 14, 2012, 06:14:37 PM
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I guess it will reach 11.72 before 9.40 PM this time  Wink

I'm about to have 10 people test a new automated trading bot...
https://bitcointalk.org/index.php?topic=109317.0

My thresholds are low enough that it shouldn't be effecting the price, but if enough people were running it with high enough thresholds I believe the cumulative effect of the algorithm might stabilize the price (although that's not it's intent, it's intent is to make me money Wink )

Anyways I'm inviting comment on it, i've laid the entire algo out on page 2.

Sorry for the thread hijack!

Hi Asis,

your idea seems to me very interesting but why don't you announce it with your own thread? It's more effective, from my point of view.  Wink
imanikin
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September 14, 2012, 06:16:06 PM
 #20

QE3

+1
Plus, continuing EU malaise. (Looks like Greece will need another bailout, etcetera...)

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