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Author Topic: So the panick buying is kicking in..  (Read 3036 times)
2015Bubble (OP)
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December 08, 2015, 11:34:05 PM
 #1

Interdesting.

Hyena
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December 09, 2015, 12:14:35 AM
 #2

the bubble just took a break and is now beginning again...

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Wolf Rainer
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December 09, 2015, 12:16:53 AM
 #3

Calling the FOMO!

thms
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December 09, 2015, 12:18:58 AM
 #4

Bitcoin is on the front page of reddit, that's why the spike

https://www.reddit.com/r/all
Monnt
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December 09, 2015, 12:22:21 AM
 #5

Yay, this means btc is going up again Tongue

Damn, last time I checked it was still like $390 and now it's $410, wow.
The Sceptical Chymist
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December 09, 2015, 12:34:41 AM
 #6

holy crap, this is great to see. And the huge rise comes right after I actually bought some Bitcoin. Usually when I buy it, the price tanks. Somehow I never manage to make any money, but that's the story of my life.  Sweet!

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randy8777
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December 09, 2015, 01:13:42 AM
 #7

not sure if this was panic buying. it is a peak probably caused by a single entity. it was a very welcome green candle. i hope when i wake up the price won't dive back to below $400 again. i am happy as long as it stays above $400.
suda123
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December 09, 2015, 02:18:32 AM
 #8

Bitcoin is on the front page of reddit, that's why the spike

https://www.reddit.com/r/all

>.> what
roadbits
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December 09, 2015, 02:50:17 AM
 #9

the bubble just took a break and is now beginning again...

It looks like just a bubble becoming bigger and bigger again. As per my knowledge there is no solid reason for bitcoins to increase prices so fast from all the way 250 level to 400+. Anyway I made some good profits already and booked some profits and looking to buy again at some good price. Not sure how long this high price will survive. Anyone know the real reason for this price rise?
mtnsaa
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December 09, 2015, 02:51:57 AM
 #10

There's no explanation as usual, definitely some manipulators or whales doing the pump or maybe China at this hour, not sure. There's not a single event that we can pinpoint at the moment.
kwukduck
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December 09, 2015, 07:35:46 AM
 #11

The explanation is an extremely small market where relatively small trades by slightly more wealthy people can move the entire 'economy' of the currency in a blink of an eye.

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December 09, 2015, 08:36:07 AM
 #12

the bubble just took a break and is now beginning again...

not a break for nothing it was for accumulation, every dump it's done for that purpose, now they are reloading again for a new wave and a new dump

but th ething is that we are progressing nicely between one pump&dump, the average value is increasing
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December 09, 2015, 10:43:46 AM
 #13

IMHO people should be scared to miss out! This is a truly breakthrough technology with a great potential and whoever doesn't have even a small stake in Bitcoin at the moment risks to miss out a big time.

I guess people are just getting aware of this. Also we have needed badly this recovery. All the positive news and development has to start paying off eventually!
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December 09, 2015, 10:49:58 AM
 #14

IMHO people should be scared to miss out! This is a truly breakthrough technology with a great potential and whoever doesn't have even a small stake in Bitcoin at the moment risks to miss out a big time.

I guess people are just getting aware of this. Also we have needed badly this recovery. All the positive news and development has to start paying off eventually!

People have had enough chances to buy their coins at around $220. You remember how long the price didn't move when it was around that level? They also had a lot chances to buy at just over $300. If people still haven't bought, then they surely are going to do it when it rises to $600. That's what happens with these kind of people. They will buy at some point, but at a way higher price.
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December 09, 2015, 11:17:46 AM
 #15

There's no explanation as usual, definitely some manipulators or whales doing the pump or maybe China at this hour, not sure. There's not a single event that we can pinpoint at the moment.

No explanation? Did you see news about "Bitcoin Creator" Craig Wright? I think this news which made bitcoin price increased.
As usual, there's pump & dump. Sell now & buy again when dump happened Roll Eyes

Is this the reason why the price increased? Now I can barely see sellers on the forum and everyone only wants to buy bitcoins which I feel is the reason for the pump.

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December 09, 2015, 11:19:37 AM
 #16

We're in a bullish cycle, it's normal that it's going up. There was a small break for a few weeks, after the test pump to $500.
We'll see $2000 in 2016, I believe.
MaritiJames3
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December 09, 2015, 11:42:42 AM
 #17

Lol I think a lot of people will lose a lot of money. This high price evolvement can't be sustained. See what happened the previous hype.
Don't fall for this pump.
Loimu
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December 09, 2015, 11:45:39 AM
 #18

FOMO is real! Must... Buy... More...

No but in all seriousness seems like big resistance whale was slaughtered and we are on steady deserved rise once again. And yes. I will buy more.

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December 09, 2015, 12:01:10 PM
 #19

Yup, it seems like we have great up trend. I am just getting in very optimistic bully phase and will pick up some more coins. Guess till Christmas we can go lot higher.
Denker
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December 09, 2015, 12:03:29 PM
 #20

holy crap, this is great to see. And the huge rise comes right after I actually bought some Bitcoin. Usually when I buy it, the price tanks. Somehow I never manage to make any money, but that's the story of my life.  Sweet!

Don't get too excited mate.
Let's see first how high we will climb and how big the sell-off will be after that.
I hope $400 will hold.That would be really awesome and a nice finish for this year. Smiley
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