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Bitcoin Forum > Economy > Economics > Speculation > One week bit coin rally - what happened?
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Author Topic: One week bit coin rally - what happened?  (Read 1110 times)
twolifeinexile (OP)
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January 17, 2013, 10:53:10 PM
 #1
Any ideas?
Some asset manager allocate capital into bitcoins?Huh
Some wash sale by a big drug cartel??
Some new year optimism?
Some exchange lose their private key on a liquid hot wallet???

Please speculate!
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Luno
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January 17, 2013, 11:04:56 PM
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the return from $2 looked like this. Slow steady rise every day for weeks with no serious dumps. The market was much smaller then than now though.
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January 17, 2013, 11:12:36 PM
 #3
Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
Luno
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January 17, 2013, 11:19:19 PM
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Quote from: kokojie on January 17, 2013, 11:12:36 PM
Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+

And live like this???
gimme_bottles
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January 17, 2013, 11:29:45 PM
 #5
Quote from: Luno on January 17, 2013, 11:19:19 PM
Quote from: kokojie on January 17, 2013, 11:12:36 PM
Bitcoin market cap is still tiny, so any big money player who get in will move the price significantly. Hell anyone
who own a 3 million apartment in manhattan can sell the apartment and put his money in Bitcoin, and move the
price to $30+

And live like this???



he will just have to wait a few years until it pays back  Tongue
tbcoin
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January 17, 2013, 11:34:19 PM
 #6
some people are hoping see bitcoin in Mega
Sorry for my bad english Wink
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