Bitcoin surpassed $300 USD.

[traderbit]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

[Timeline]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

[Mickeyb]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

What do you mean you don't understand why? There was about 10 bullish news in the last 10 days. Just this morning came out that even Chinese officials are buying coins, which is hard to believe, but anyways. Them you have a news that Chinese are bypassing their capital controls with Bitcoin. Then Gemini, EU rulling, possible halving effects, etc.

This thing is just at $315, has broken $300 with an authority and continues climbing. This seems as a real deal!

[zimmah]

Does anyone else find price increases bittersweet?

On one hand the coins I've been hodling are going up in value.

On the other hand I can afford fewer coins with my monthly paycheque.

a month ago or so i dropped €400 in kraken, bought 1 bitcoin for €193, left the other €207 there in the hope i could buy some for €180, I was too greedy and regret, that €207 is still on kraken unspent, waiting for a good price to buy, but I'm pretty sure it will never hit €200 again.

My new target is €275, but I have a limit at €300, if it hits €300 it will just buy at market price to prevent the same situation from happening again.

[traderbit]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

Since a i have read a topic here in forum about these chinese exchanges.
I think that they are hungry and get more hungry when the price increases.
Checking the monthly chart of bitcoin there is a huge jump about hundred dollars.

[Denker]

We are climbing since more then 6 weeks now. We had many positive news.The chinese exchanges make the pace and all the other follow with a lag.Hope we do't run out of steam.

[pereira4]

The latest resistance as a ceiling was 317.19 in Bitstamp, which has been broken effortlessly with the new 321 limit. Therefore, that big psychological barrier has been broken. For the first time in month we've reached a higher price. Now the doors are open toward higher floors. But of course the panic selling guys will dump a bit every 4 or 5 hours.

[winguard]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

Right. I read these news articles somewhere and also on some threads chinese officials unofficially give their heads up on bitcoin. I just hope chinese whales won't be dumping huge volumes all at once or else price goes down.

[azguard]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

Right. I read these news articles somewhere and also on some threads chinese officials unofficially give their heads up on bitcoin. I just hope chinese whales won't be dumping huge volumes all at once or else price goes down.

let just hope that wont effect price big time, me and lot of you would not wont to see price going down in huge range let say 50-100$ range
dont you all agree
this is good to see price rising and let all hope that it will stay like this

[Decoded]

BTC Went up $50 in a few days! Let's hope it'll go up moar!

BTC community - PREPARE TO HODL!!!!

Glhf guys in the game of bitcoin

[sekaiissobig]

REALLY UNEXPECTED, expected the rise in the early of october but
unexpected the speed of rising.

[StevenLiang]

Price of bitcoin hits $300 for the first time since July, i hope increase than more. At now appx. 303-304 USD.

Keep going up
now at $329 on bitstamp

I would like to see how long this price going up.

[traderbit]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

Right. I read these news articles somewhere and also on some threads chinese officials unofficially give their heads up on bitcoin. I just hope chinese whales won't be dumping huge volumes all at once or else price goes down.

I hope the price to be increased to $400 soon.
If the chinese government starts buying the price is increaseing.
And i don't think that they would dump the price, if that happens the the price can go below 200 dollars very fast.

[StarofBTC]

Price of bitcoin hits $300 for the first time since July, i hope increase than more. At now appx. 303-304 USD.

I was looking for it atlast Bitcoin went to $ 300+ hope it continues like that and goes away to moon. Fingers Crossed 

[Nimbulan]

yes it passed it though it most probably wont go too much up i think unfotunately

[nydiacaskey01]

yes it passed it though it most probably wont go too much up i think unfotunately

I agree, probably it will stay at current level and what we are now seeing is the rate for the next coming months. But lets not loose hope, every weekend exchange rate of BTC always slows down on a weekend.

[OccidentalCoin]

yes it passed it though it most probably wont go too much up i think unfotunately

I thought the bitcoin price would not break $300 this month. But it is over £330 now. How wrong I was.

[sekaiissobig]

Bitcoin price just hit $316 and i don't understand why.
Is this just a simple pump or china is buying lots of bitcoins.
I think that this week we will reach 340 USD very soon.

I thinks its China buying. There is huge volume on Chinese Exchanges.

Right. I read these news articles somewhere and also on some threads chinese officials unofficially give their heads up on bitcoin. I just hope chinese whales won't be dumping huge volumes all at once or else price goes down.

I hope the price to be increased to $400 soon.
If the chinese government starts buying the price is increaseing.
And i don't think that they would dump the price, if that happens the the price can go below 200 dollars very fast.

Where do u get the information on that chinese government is putting their currency into bitcoin?
The initial huge increasement is due to sudden increase demand in the chinese bitcoin exchange platform.
I wanna ask, if u see people trade in chinese platform, can u assume that they are chinese doing the market now?
According to many coindesk, the bitcoin has increased from 279.36(24/10) to 332.08(30/10) with a 19% increasement.
The increasement is most probably due to mmm scam in china, if u know chinese you can google it.
But the mmm is a pyramid marketing, it need time to attract and ask people to join, if u check again the increasement percentage from day to day,
the increasement isn't increasing sharply,this is contradical to pyramid marketing, if mmm is really boosting its potential, so i advise pls be careful.

[ridery99]

next stop 500$ then 10k then moon baby 

[Nahl]

next stop 500$ then 10k then moon baby 

very optimistic person
next stop $500? i think is not yet but we should reach to $400 and i hope it would be happen tomorrow