gkv9
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 Offline
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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January 08, 2016, 01:25:31 PM |
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@OP, It's basically the demand which is increasing due to halving coming in few months... Everyone is trying to get their hands on cheap coins while they still can...  |
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BruceLee007
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February 16, 2016, 02:59:36 PM |
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becouse of bitcoins in media, they're more and more popular now, also halving will increase price
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busybee7
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February 17, 2016, 03:43:12 PM |
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china markets and media, halving will rise price too after 7 months, so prepare for 1 more huge rise
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popovicbit
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February 17, 2016, 04:27:24 PM |
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This is one thing about the bitcoin market that is really annoying yet interesting to think about. The fact that it is manipulated so easily scares me, but at the same time fills me with hope because I know there is HUGE upside.
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RodeoX
Legendary
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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February 17, 2016, 04:30:42 PM |
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But...but.. I read here it was going to zero??? The guy said he was a whale? he said he was a whale!!!  |
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Alley
Legendary
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Activity: 910
Merit: 1000
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February 17, 2016, 04:47:27 PM |
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More buyers then sellers.
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xslugx
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February 17, 2016, 04:57:00 PM |
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But...but.. I read here it was going to zero??? The guy said he was a whale? he said he was a whale!!! Yeah some guys must have closed shorts while crying ^^ |
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RodeoX
Legendary
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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February 17, 2016, 05:27:35 PM
Last edit: February 18, 2016, 06:32:46 PM by RodeoX |
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But...but.. I read here it was going to zero???
The guy said he was a whale? he said he was a whale!!!
CRY PICTURE
Yeah some guys must have closed shorts while crying ^^ From the looks of that kid she must have been naked shorting.  |
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2legit2
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February 18, 2016, 06:25:19 PM |
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china is reason why price goes up, also media, it spreads bitcoins to everyoen so more intrest in it so price goes up
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CryptoBjorn
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February 18, 2016, 07:39:23 PM |
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Are you shocked ?? You must be happy mate. It so good that it is now going up. Then we can have some profit in the future.
You can now fast invest to get some more money later. There is also a risk that you can lose you money if it going to fall.
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dothebeats
Legendary
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Activity: 3696
Merit: 1353
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February 18, 2016, 07:55:18 PM |
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Hmm, I wonder what the shorters are feeling right now seeing that this thing is taking off again. Must've hurt to close some shorts because of the price rise. whatever the reason is, it's doing its job well.  |
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CryingMidget
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February 18, 2016, 08:06:03 PM |
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Hmm, I wonder what the shorters are feeling right now seeing that this thing is taking off again. Must've hurt to close some shorts because of the price rise. whatever the reason is, it's doing its job well. More Despite what people are suggesting, from what I can tell, it's not a currency controls issue, with people wanting to move RMB out of the country. it's just higher demand for buying bitcoins, either for payments, speculation, or for long-term holding. |
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The Sceptical Chymist
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Activity: 3388
Merit: 6887
Top Crypto Casino
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February 18, 2016, 08:54:28 PM |
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The Chinese market fell, and then closed down, oil is keeping to fall, it's very close to the 30 USD mark. I could imagine the European market fall today aswell. I don't know which markets are going up, but then again, this was just some quick news headlines i saw on my way to school.
All of those things happened I'm sure, but you're making the same mistake that financial news journalists around the globe make, which is relating price movement in X to events in Y. Sometimes it might be true, but you basically listed all the things you read as headlines without thinking about why any of them would affect bitcoin. |
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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February 18, 2016, 11:23:06 PM |
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china is reason why price goes up, also media, it spreads bitcoins to everyoen so more intrest in it so price goes up
China has been the reason for all price increases the last years. The majority of the demand comes from China. No one can deny that. The media effect on Bitcoin is only bad, they won't cause the price to go up. |
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pooya87
Legendary
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Activity: 3500
Merit: 10695
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February 19, 2016, 04:11:15 AM |
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well, it was time that bitcoin price started going up (continue to go up) once again. this is the natural way that has been going on for some time.
and if you look back acouple of weeks, we are just going back to where we were before the drama which pushed the price down from $450 to $370. so now it is back to normal post drama!
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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February 19, 2016, 05:25:39 AM |
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I'm genuinely interested to find out where the Bitcoin rise will stop, it has been going up very consistently for a week now, and this is very rapidly restoring my confidence in the Bitcoin economy.
The halving definitely has something to do with it, but it surprises me that there is such a large rise in such a short amount of time.
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gregyoung14
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February 19, 2016, 05:48:12 AM |
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Hope this increase keeps up. I figure the halving really is a major factor in this. Nevertheless, woot for the price increase.
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Enotche
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February 19, 2016, 05:57:33 AM |
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I think that it depends on cryptocurrency demand. The influx of interested - the higher the price.
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busybee7
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February 19, 2016, 06:00:18 AM |
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i don't know why it rises at the moment, but usually it rises because of china, because of people's panic
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7Priest7
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February 21, 2016, 06:06:52 PM |
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It's typical pump and dump i think, this happens for years now, if price would change by 50$ in day, then it would be weird, but now it's just pump and dump
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