wtf is going on?!

[disclaimer201]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

[yugo23]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

Well it's more because of China crash INMO

[Karartma1]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

Well it's more because of China crash INMO

Whatever is the case I hope this upward trend will go steady and slowly in this direction. BTC needs to grow in value becuase its ecosystem can't be based on a such a smaller price. Anyone (I mean mostly all of us ) needs to pay the bills here (unfortunately).

[RodeoX]

Why do people always think someone somewhere knows the answer to this? You could just pull a work of fiction from your own rear end.

[SimplisticStu]

Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.

Where is this info please?

[Paashaas]

Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.

Where is this info please?

Here you go; http://time.com/4228837/hospital-bitcoin-ransom-hackers/

[trickshot22]

Price is rising now, easy to know that i think, and it will rise more and more  now

[--Encrypted--]

Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.

Where is this info please?

the internet? just google "hospital ransom 17k" and you'll surely find it. nvm Paashaas posted an article. the first time I saw that I thought they paid the rumored $3.4M. now that will make the market move.

[SimplisticStu]

Edit: I see the hospital have reportedly paid the hackers $17'000 in BTC. I wouldnt have expected them to have admited to paying them anything. I wonder how much they really forked over.

Where is this info please?

Here you go; http://time.com/4228837/hospital-bitcoin-ransom-hackers/

Appreciate it thanks  I wonder how many hacks occur daily on a global scale relating to BTC ransoms? How many go un-reported and how many are paid off?

[shintosai]

the flow is now again up and up and away, so we better take this oppurtunity to earn with bitcoin we all know that it will be more than in the future..

[banker11]

Your all very insightful, I'm still new to btc trends and such, thank you all for your answers!

[SimplisticStu]

Another rally. Doesn't look like 500 is out of the question.

$460 - $470 is the next ceiling I believe plenty will be watching for that activity and certainly if it breaks through that then $500 is most certainly reachable 

[BellaBitBit]

A few things :
-the Chinese are gradually returning from holiday for the Chinese New Year.
-press, both good and bad are exposure for Bitcoin.
-uncertainty in the markets make people move money around.

[SimplisticStu]

According to this https://en.bitcoin.it/wiki/Controlled_supply if my maths are right continuing on from the approx 4 years between halving, BTC will continue to be mined until the year 2144 (give or take for adjustment) and if the previous halving in 2012 is anything to go off price wise then we're in for a treat 

[uki]

Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

Horizontal channel. The most boring one, especially for new investors looking for quick bucks. Sit down, relax and observe the price moving between $350 and $415 couple of more times, till we get really close to the halving or there is something really important for bitcoin happening, e.g., block size agreement. Enjoy!

[Wevariant]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

If 90% of the miners support the Bitcoin Classic, does it matter if majority of the nodes support the Core?

[The Sceptical Chymist]

Throw a dart at an open newspaper and whatever story it hits, say bitcoin is going up or down or sideways because of that.  And it'll be just as true as anything else.   And that's basically all financial pundits do.

[Emersonnets]

I'm not surprised to see bitcoin going back up or back down.

That's just how this bitcoin market works. It goes up and down all the time.

[Amph]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

Well it's more because of China crash INMO

i think it's because the mike hearn drama ended, plus something related to stock market and ETH pump

after all the dump that lead us below 400 was unwarranted, was a fake dump like i've said many times...

[uki]

We are slowly beginning to see the price increase everyone was hoping for and it will continue and speed up until July, nothing else. People who support 2MB blocks can now support Bitcoin classic but the majority of nodes are still Core nodes, so there will be no fork anytime soon either. This is calming down the market a bit and the result is up, up, up!

Well it's more because of China crash INMO

i think it's because the mike hearn drama ended, plus something related to stock market and ETH pump

after all the dump that lead us below 400 was unwarranted, was a fake dump like i've said many times...

and so was the recent rise to 430. We are in the no man's land currently and there are no reasons to move either down or up. We just follow between $350 and $415 for another month or two, till we get closer to halving, or something important pops up. Yes, sometimes Bitcoin price action can be boring, too.