BTC is going up and up

[beel]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

[1715268365]

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[Obdity]

I usually go on reddit to see if any good news have popped up. Seems there's nothing so I believe it could be just a random up trend.

[simon66]

It could have to do with the ETH crash and the successful testnet lately..

If it starts getting above 2850 CNY then I'll be excited.. Until then it's pretty much just in its trend.

[teddy5145]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

Well this could be caused by the halving that is coming soon
Many people speculated that the price will go up when halving comes, which mean many people right now are buying bunch of coins for the preparations for the halving

If you have spare money you can try to use it to buy bitcoin too, maybe you'll get lucky and get some massive fortune out of it

[beel]

just checked here

http://www.coindesk.com/price/


today its gone 4 usd up all of sudden

its true saying btc have huge fluctuation

i bet in less than 1 hour it will hit 426 usd

[harizen]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

Just today? It happened many times this past days or should I say past week.

And all in all no "big" scenarios here. It's just normal.

Anyways I just wondered that this thread must fit in Speculation section I guess.

[beel]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

Just today? It happened many times this past days or should I say past week.

And all in all no "big" scenarios here. It's just normal.

Anyways I just wondered that this thread must fit in Speculation section I guess.

hi

ok i will move this thread there thought it was best here anyone moving it now

[--Encrypted--]

what is causing this i guess more buyers?

more buyers than sellers, yes. this is just a speculation but I think that with the halving so close more people will hold their bitcoin in hope of a price rise after the halving.

[randy8777]

the price only went up a few bucks which is nothing special. not sure why people get excited over this at all. probably because they are bored.

[n691309]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

I think that traders are moving to bitcoin because of the decline recently with the etherum price, hope bitcoin will be even higher than now.

[socks435]

I think thats why the price of bitcoin is gradually increasing because of altcoin lisk and ethereum this 2 altcoin is going down and i think some traders are converting back again to bitcoin 100%..

[bajing]

I am glad to see a considerable rise in the price of bitcoin good the past few days but this is just the beginning and the apparent price rise is not much just a little bit. hope this positive trend will continue

[Vaskiy]

I am glad to see a considerable rise in the price of bitcoin good the past few days but this is just the beginning and the apparent price rise is not much just a little bit. hope this positive trend will continue

I think that till halving we can see a gradual price increase, hope that it won't go down. But once halving is near the increase may be very high and after that it will show rapid growth.

[KennyR]

I am glad to see a considerable rise in the price of bitcoin good the past few days but this is just the beginning and the apparent price rise is not much just a little bit. hope this positive trend will continue

Yeah, few dollars rise is experienced over the past days. Hope this would continue and give us a big profit after halving.

[pooya87]

well, it is not yet a big rise, it is just a couple of dollars going up nothing too big. it might be because of the ethereum dump that all those money fly back to bitcoin could rise it a little bit, but also it is nearing halving which can cause it also.

[ElpadroBitcoin]

It will go up in the future so please wait a longer time so you can make later good profit with Bitcoin, patience is really important in Bitcoin without that you cant earn money with it.
You never know when it will start rising and that is the bad thing so you can now trade or something to make some a little bit profit.

[harizen]

the price only went up a few bucks which is nothing special. not sure why people get excited over this at all. probably because they are bored.

For those average bitcoiner they are really getting easily hooked even when there's $5-$10 increase. And yes maybe they are sick of the idling of price for at least a weeks.

And yeah no special about the current price movement.

[CasioK]

Yes, more buyers now everyone has been started to be prepared for the halving and has started to buy and collect more and more bitcoin which cause the price to fly up and up and it will continue till halving.

[~Bitcoin~]

today i just notice btc is going up and up
from 2 days there is significant up flow

what is causing this i guess more buyers?

If you check some of the altcoin trading platform like bittrex and poloneix you will see all altcoins have gone big dump few days ago. That shows people intend to hold bitcoin for longer period now hoping massive pump in price before upcoming halving.

[AsaroUk]

I am glad to see a considerable rise in the price of bitcoin good the past few days but this is just the beginning and the apparent price rise is not much just a little bit. hope this positive trend will continue

I think that till halving we can see a gradual price increase, hope that it won't go down. But once halving is near the increase may be very high and after that it will show rapid growth.

Bitcoin is rising slowly so that is quite not that bad for the people who already have some Bitcoin because they can make some later profit and that would be nice.
But the bad thing is that you never know when the rising will stop so you have to also take some risks.