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Author Topic: +$20 in the last 24hrs...  (Read 6984 times)
talks_cheep
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February 04, 2016, 11:17:16 PM
 #21

Chinese are pumping it hard right now, they're setting you up for the inevitable dumping.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Moneyburner
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February 04, 2016, 11:23:35 PM
 #22

No particular reason I suppose but its way overdue. Something needed to move (one way or another)

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February 04, 2016, 11:47:14 PM
 #23

This looks like a bull trap to me.  If we're going to keep going up in the direction of the previous pump we're going to need to break 400 to be on the safe side.  I expect once whatever whales currently holding sell their coins we'll come plummeting back to earth. 

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February 05, 2016, 07:27:42 AM
 #24

normal market activity, nothing to see here, price went -20$ and now +10$, nothing spectacular
john2231
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February 05, 2016, 08:00:37 AM
 #25

Im shock that the price is increasing today in 24hrs but i think its just an effect of chinese new year i hope that the price will still increase
Or is just a same as before. well we know that is just a nature of bitcoin that the price will rise and dump..
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February 05, 2016, 08:58:53 AM
 #26

Chinese are pumping it hard right now, they're setting you up for the inevitable dumping.

Maybe it's Chinese New Year. I knew it is going to rise but did not realize it was going to happen so soon.
I hope that it will rise more.
nichu
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February 05, 2016, 10:14:18 AM
 #27

Chinese are pumping it hard right now, they're setting you up for the inevitable dumping.

china does play a major role on the price of every crypto currency out there, i dont think so that is  a good thing for bitcoin ,what ever it is , traders will be enjoying the reap for sure.
Herbert2020
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February 05, 2016, 12:08:13 PM
 #28


what!!
if anything i was expecting this particular reason to have negative effect on the market not possitive!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 05, 2016, 12:11:44 PM
 #29

Nothing special. It's just the same old up and down market reaction that we are seeing for such a long time. Good for day traders, not interesting for long term holders.
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February 05, 2016, 12:18:39 PM
 #30

Maybe they're pumping the price for dumping so they can earn more out of their held btcs.

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February 05, 2016, 02:27:57 PM
 #31

+$20 It is common from bitcoin price movement and not so big increases i think because in 2015 we have experienced that the price has been rise $100 only in a day
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February 06, 2016, 05:40:41 AM
 #32

It was a valiant attempt to break out, but alas, the bear market isn't over yet.  I think we'll probably test 350 a few times in the next few days after the market tries another few pumps and realizes that it wasn't time to go up.


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February 06, 2016, 07:17:52 AM
 #33

No specific reason, based on the market situation it has suddenly risen, Soon it would fall to get the stable value.
The value has never touching 400$ for which most are awaiting for a long time. Hope to see such price rise often
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February 06, 2016, 07:26:13 AM
 #34

And the market price is back to the lower $370's which was totally predictable. Good for short term traders that are looking for some quick profits.
greBit
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February 06, 2016, 07:31:43 AM
 #35

No specific reason, based on the market situation it has suddenly risen, Soon it would fall to get the stable value.
The value has never touching 400$ for which most are awaiting for a long time. Hope to see such price rise often

Bitcoin will surely cross $400 in couple of months
MaxTax
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February 06, 2016, 02:49:04 PM
 #36

Chinese are pumping it hard right now, they're setting you up for the inevitable dumping.

I saw that indeed and I'm really happy with that. I also think later that much more is going to be true.
But we will see later, but I have such a feeling that this will happen.
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February 06, 2016, 03:43:46 PM
 #37

I think there is no particular reason for this. As I write this, price has gone down again. Probably it is the big fishes moving the money around to make the market move a bit... there is no profit where there is no movement.

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February 06, 2016, 04:24:18 PM
 #38

After this little rise, the price went them down this week end, I do not know why weekends are always bad for bitcoin price.
Anyways, I do not predict any strong movements in the next days because of the Chinese holidays
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February 06, 2016, 05:13:33 PM
 #39

After this little rise, the price went them down this week end, I do not know why weekends are always bad for bitcoin price.
Anyways, I do not predict any strong movements in the next days because of the Chinese holidays
not always in weekend bro, +20 or -20 is normally in bitcoin and can happen every time. so i dont know this thread what for??
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February 06, 2016, 05:31:13 PM
 #40

After this little rise, the price went them down this week end, I do not know why weekends are always bad for bitcoin price.
Anyways, I do not predict any strong movements in the next days because of the Chinese holidays
not always in weekend bro, +20 or -20 is normally in bitcoin and can happen every time. so i dont know this thread what for??

That's true but we're very close to Chinese new year which is known to have an impact on the price. Usually the price remains bearish during Chinese holiday these days due to the pressure from people cashing out. Bitcoin's economy is affected by what happens in China as there's a lot of interest from there.

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