Is this the next big run-up in price?

[LMGTFY]

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

That's true right now. If you spend $10000 on BTC right now, and the price goes up 10%, you make $1000. The only difference is the amount of BTC you hold in between investing your $10000 and selling your BTC - in the "right" now example you temporarily hold 10 BTC and in the "BTC worth $10k" example you only hold 1 BTC.

[Wolf Rainer]

ahhh bitcoin price threads....

i know what will happen when we hit 190 USD again  

So you don´t trust in satoshi. 

[Lucius]

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

I like the idea, to work just a few minutes a day and earn $ 30K a month

[RyanLZ]

10% up/down in a week is nothing in bitcoin world.

such a % of tollerance, could be a problem when bitcoin reach 10k for example

you could be rich just by doing few minutes of day trading, because at +-10% veriance there is a gain of 1k every time, pretty crazy

I like the idea, to work just a few minutes a day and earn $ 30K a month

When the bitcoin price reaches $10k, the price fluctuation will be smaller as it can accommodate much bigger whales.

[Mickeyb]

Another rise today after a fall yesterday. So we have recovered in a sense and broken $270 again. This starts looking more and more like a real run. And not some pump and dump. Looks like this thing is going up slowly. Already 10 days like this. I hope this continues and it seems it will at the moment.

[TinEye]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

I think we are still months away from a real rally.

[solid12345]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

We've had a few false signals before though, now that China has given the seal of approval on Bitcoin combined with the halving next summer and the Bitlicense taking effect I think now is the time to start going up.

[Guido]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

now that China has given the seal of approval on Bitcoin

have they?

[RyanLZ]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

now that China has given the seal of approval on Bitcoin

have they?

Don't think so. There is no official announcement of the adoption of bitcoin by Chinese banks and previous ban on the banks is lifted.

[solid12345]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

now that China has given the seal of approval on Bitcoin

have they?

Don't think so.

http://cointelegraph.com/news/115435/china-unofficially-authorizes-bitcoin-price-turns-bullish

[Kevin77]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

We've had a few false signals before though, now that China has given the seal of approval on Bitcoin combined with the halving next summer and the Bitlicense taking effect I think now is the time to start going up.

Yes. Two big events in two different events must have significant impact on bitcoin prices which may be the reasons for next big price rally. People around the world are already started holding bitcoin on expectation of halving boom. Satoshi must have implemented halving for every year to make price surges often.

[1Referee]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

We've had a few false signals before though, now that China has given the seal of approval on Bitcoin combined with the halving next summer and the Bitlicense taking effect I think now is the time to start going up.

Yes. Two big events in two different events must have significant impact on bitcoin prices which may be the reasons for next big price rally. People around the world are already started holding bitcoin on expectation of halving boom. Satoshi must have implemented halving for every year to make price surges often.

Too many people are expecting the halving to take the Bitcoin price to much higher levels. You know what happens when too much people are waiting for the same thing, right? Mostly vice versa will happen. That's why I don't expect anything big from the halving as far as the Bitcoin price goes.

[RyanLZ]

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

We've had a few false signals before though, now that China has given the seal of approval on Bitcoin combined with the halving next summer and the Bitlicense taking effect I think now is the time to start going up.

Yes. Two big events in two different events must have significant impact on bitcoin prices which may be the reasons for next big price rally. People around the world are already started holding bitcoin on expectation of halving boom. Satoshi must have implemented halving for every year to make price surges often.

Satoshi should implement a smaller drop like 0.l% for every week or use the mining output schedule like Monero, which reduce the output every block.

[Fiat_Hodler]

we need a consolidation since price shot up too quickly.

[Amph]

we need a consolidation since price shot up too quickly.

+10/15% is too quickly? i don't think so, the reason is because there is no true force that is sustaining this new ru-up, probably a small class of investors, try to instigate a panic buy

[bitgolden]

we need a consolidation since price shot up too quickly.

Yes only consolidating prices will push further price rally. I believe it's too early to believe on this wave to be recognized as next big price run up. We need to see a strong sustaining prices to mark it as the long term price rally towards old high like $1000 to $1200.

[gogxmagog]

the 1200$ peak was because of WILLY BOT ffs! unless the winklevii have some crooked bot cooked up and set to run on their exchange we aint going to see a run up like that again for a while. nobody actually uses bitcoin for anything besides speculation (and mining which is a type of speculation)

[randy8777]

the 1200$ peak was because of WILLY BOT ffs! unless the winklevii have some crooked bot cooked up and set to run on their exchange we aint going to see a run up like that again for a while. nobody actually uses bitcoin for anything besides speculation (and mining which is a type of speculation)

what about the people that use it to pay for things? have you forgotten about that already? speculation is part of bitcoin whether you like it or not.

[Dilla]

the 1200$ peak was because of WILLY BOT ffs! unless the winklevii have some crooked bot cooked up and set to run on their exchange we aint going to see a run up like that again for a while. nobody actually uses bitcoin for anything besides speculation (and mining which is a type of speculation)

There's bots now, there was bots then, and there will always be trading bots. It's known. There will be bots pushing up the price, there will be bots pushing it down. Money is made by traders both ways.

[Miss Fortune]

You didn't see that last run up coming either.  Could this be the start of the new price run-up?  Any guess as to the peak this time? 

Previous peaks: April 2013: $140; Nov 11, 2013 $1200

This could be it the one we have been waiting for, I have observed how the price been rising up these days.