veryscared (OP)
Newbie
 Offline
Activity: 16
Merit: 0
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November 02, 2015, 07:42:29 PM |
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reason ? i need input more input im not a savvy trader wot is the reason for this spike?  |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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quadriple7
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November 02, 2015, 07:43:56 PM |
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i doubt that there is a reason people seem to be buying it and thats it
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BitChick
Legendary
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Activity: 1148
Merit: 1001
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November 02, 2015, 07:52:20 PM |
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 This my new friends is the beginning of what many of us have already experienced a few times before: a Bitcoin bubble! I can assure you that you haven't even seen anything yet. When people are saying "Strap in" they are serious. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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amiryaqot
Legendary
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Activity: 1050
Merit: 1000
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November 02, 2015, 07:54:29 PM |
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This time is rising with solid growth with more positive news around us like European Union exempt from vat and that is more big reason to go to the moon this time and this is right time to take some coin and enjoy this solid rise.
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maxhor
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November 02, 2015, 07:54:36 PM |
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reason ? i need input more input im not a savvy trader wot is the reason for this spike? I think bitcoin is going higher as expected and i am no wonder to see this great price because i am sure we will see $400 in price in next week. |
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KeyJockey
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November 02, 2015, 08:03:51 PM |
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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Omikifuse
Legendary
Offline
Activity: 1750
Merit: 1009
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November 02, 2015, 08:04:05 PM |
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It is the end of the bear market, at least for now. If it is a surprise for you, I think you must be new to bitcoin
In the past bubbles $100 rises in one day(or que equivalent given the past value) were common
(and right now the price is touching 360 and increasing)
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BitChick
Legendary
Offline
Activity: 1148
Merit: 1001
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November 02, 2015, 08:09:34 PM |
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It is the end of the bear market, at least for now. If it is a surprise for you, I think you must be new to bitcoin
In the past bubbles $100 rises in one day(or que equivalent given the past value) were common
(and right now the price is touching 360 and increasing)
In 2013 I remember going to bed and the next morning calculating how much money my husband and I made while sleeping!  Those were the days. It looks like we are back to that kind of fun again! LOL |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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rocks
Legendary
Offline
Activity: 1153
Merit: 1000
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November 02, 2015, 08:21:02 PM |
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It is the end of the bear market, at least for now. If it is a surprise for you, I think you must be new to bitcoin
In the past bubbles $100 rises in one day(or que equivalent given the past value) were common
(and right now the price is touching 360 and increasing)
In 2013 I remember going to bed and the next morning calculating how much money my husband and I made while sleeping! Those were the days. It looks like we are back to that kind of fun again! LOL You only make money if you sell. So the question is will you and hubby sell some this time to lock in profits? If so at what level does the selling start? I myself only held through the prior runs to watch a large pile turn into a smaller pile. I believe it can go higher this time, but also want to balance that view with locking in some well needed gains. |
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prodigy8
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November 02, 2015, 08:22:08 PM |
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The price just hit $350 in bitfinex exchange.
What is the reason behind the increased price?
Would be thankful if anybody can explain it to us.
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zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
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November 02, 2015, 08:25:02 PM |
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reason ? i need input more input im not a savvy trader wot is the reason for this spike? bitcoin is in bull mode right now, somethng we haven't seen for nearly 2 years. grab your popcorn, sit back, and enjoy the show. |
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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November 02, 2015, 08:27:16 PM |
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The price just hit $350 in bitfinex exchange.
What is the reason behind the increased price?
Would be thankful if anybody can explain it to us.
bitcoin was undervalued for a long time, still is. it's long overdue for a correction to the upside. |
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AZwarel
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November 02, 2015, 08:27:53 PM |
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The price just hit $350 in bitfinex exchange.
What is the reason behind the increased price?
Would be thankful if anybody can explain it to us.
More buyers. Seriously, two of my old friends finally decided to buy a few (1-10) BTC this weekend just to shut me up constantly telling them about it That, and i actually had to STAND IN LINE for the only operating BTM in the city today (Monday was payday here) - never saw anyone else touching it before, and now 2 guys putting in cash like crazy, and i had to wait lol. These are genuine new adopters/buyers/speculators, alas what i have seen in the last week/month just in my area. The question is why now of a sudden? ps.: some colleagues also started asking questions, i might check my national MSM, maybe there was some kind of documentary or TV show about BTC. |
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prodigy8
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November 02, 2015, 08:28:11 PM |
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The price just hit $350 in bitfinex exchange.
What is the reason behind the increased price?
Would be thankful if anybody can explain it to us.
bitcoin was undervalued for a long time, still is. it's long overdue for a correction to the upside. Well the price was really down for a long time. But what is the real value of a single bitcoin. Since the price is rising i don't know where it will stop. |
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glub0x
Legendary
Offline
Activity: 892
Merit: 1013
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November 02, 2015, 08:29:44 PM |
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You only make money if you sell. So the question is will you and hubby sell some this time to lock in profits? If so at what level does the selling start? I myself only held through the prior runs to watch a large pile turn into a smaller pile. I believe it can go higher this time, but also want to balance that view with locking in some well needed gains.
This is true and false. Of course what you say is common sens BUT If bitcoin get so big it become the new standard for money, then even if you never sell, you made money because bitcoin became THE money. So this is true because you think fiat is money, which is true but some of us belive it won't last so much. Every morning i compute how much i made or loss sleeping which i find fun |
The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactionsSatoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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November 02, 2015, 08:31:48 PM |
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It is the end of the bear market, at least for now. If it is a surprise for you, I think you must be new to bitcoin
In the past bubbles $100 rises in one day(or que equivalent given the past value) were common
(and right now the price is touching 360 and increasing)
In 2013 I remember going to bed and the next morning calculating how much money my husband and I made while sleeping! Those were the days. It looks like we are back to that kind of fun again! LOL You only make money if you sell. So the question is will you and hubby sell some this time to lock in profits? If so at what level does the selling start? I myself only held through the prior runs to watch a large pile turn into a smaller pile. I believe it can go higher this time, but also want to balance that view with locking in some well needed gains. you can bail out anytime ,even now but i wouldnt you might think your rich if we go to the moon in 2016 you should liquidate the lot maybe around $5000 each but what if we go to the mars on the halving after that in 2020 ? would you not keep a couple until 2025 to see if we go to the nebula ? i will............. |
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fulgdenea
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November 02, 2015, 08:33:43 PM |
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We have to fasten our seat belt because we are going to hit $400 within this week, bitcoin is ready to rise more up as we hit the $350 in first day of the week.  |
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Paashaas
Legendary
Offline
Activity: 3418
Merit: 4331
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November 02, 2015, 08:35:34 PM |
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We have to fasten our seat belt because we are going to hit $400 within this week, bitcoin is ready to rise more up as we hit the $350 in first day of the week.  |
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katafrag
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November 02, 2015, 08:36:08 PM |
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We have to fasten our seat belt because we are going to hit $400 within this week, bitcoin is ready to rise more up as we hit the $350 in first day of the week. TRUE 400 is in line.... TIME IN PEKING 4:34 AM the dragon is going to spit some fire in a few hours, 385 $ tomorrow |
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MissionPhailed
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November 02, 2015, 08:36:14 PM |
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Simply astounding ... ! I'm a newb in crypto, and the only reason I can think of why this impressive surge in BTC-price is taking place, is that it is gaining real 'momentum' now. With momentum I mean the combination of recent good news and the rising price increases confidence of a lot of people, thus only accelerating this development.
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