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Author Topic: That's time that's sure : we are in a pump  (Read 4210 times)
jondeen707
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December 22, 2016, 01:01:13 PM
 #21

Curious how strong the correction would be

If the price does not go over $890, there will be little correction.

I don't think it will go over $890 within the next 24 hours, but who knows.
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December 22, 2016, 01:49:51 PM
 #22

I'm glad to hear that this may just be a short term pump. I have sold some Bitcoin and would love to be able to buy back at a lower price.
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December 22, 2016, 01:59:20 PM
 #23

Curious how strong the correction would be

If the price does not go over $890, there will be little correction.

I don't think it will go over $890 within the next 24 hours, but who knows.
Who knows? Price increase rapidly this few days and now it breaks the barrier if 850 so 890 is not impossible, just another day before christmas it will hit 900 Grin
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December 22, 2016, 02:22:27 PM
 #24

Curious how strong the correction would be

If the price does not go over $890, there will be little correction.

I don't think it will go over $890 within the next 24 hours, but who knows.
Who knows? Price increase rapidly this few days and now it breaks the barrier if 850 so 890 is not impossible, just another day before christmas it will hit 900 Grin

Honestly we can't take the current price behaviour  as a strong basis on how far bitcoin price will go up even for our desire target that is closely approaching and in the case of your post, it's around $890. Once there is a rapid price surge expect some rapid price decrease too. You know in a situation like this a price decrease of even $10 can start a triggered of a bearish activity which is normal.

What we are waiting here is the correction price or how far will the price decrease after the pump. If any price above $700 is fine then what's more at above $800.

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December 22, 2016, 02:35:37 PM
 #25

I'm glad to hear that this may just be a short term pump. I have sold some Bitcoin and would love to be able to buy back at a lower price.

It might not be possible to buy below $800. If the price rises below $889 in the next month, the price will not drop much.

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December 22, 2016, 03:17:03 PM
 #26

Curious how strong the correction would be

If the price does not go over $890, there will be little correction.

I don't think it will go over $890 within the next 24 hours, but who knows.

if we see on the chart in market, i think its hard to reach up to $890 but i think if the line is break, then the price will go higher than that price and we can see in a short time, the price will reach the next price level so we can make good profit.

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December 22, 2016, 03:51:03 PM
 #27

because of this sudden increase of the bitcoin price it appears to be possible to reach $900 price value by the end of this year it is not impossible because lately it is just on the $800-$820 and now the price suddenly jumped to its current price and as we can see we are now in the $864 price which is closer enough to the first mentioned price . I hope that it will continue or eventually become slightly stable on $864+ price and will never be dumped .
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December 22, 2016, 04:35:07 PM
 #28

because of this sudden increase of the bitcoin price it appears to be possible to reach $900 price value by the end of this year it is not impossible because lately it is just on the $800-$820 and now the price suddenly jumped to its current price and as we can see we are now in the $864 price which is closer enough to the first mentioned price . I hope that it will continue or eventually become slightly stable on $864+ price and will never be dumped .

This is not a sudden increase. The price has been up for a few weeks.
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December 22, 2016, 05:02:29 PM
 #29

Yet another classic Bitcoin pump. And yet again I don´t have the balls to sell, even though I know it will crash hard down to 700s soon I guess.
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December 22, 2016, 05:07:21 PM
 #30

because of this sudden increase of the bitcoin price it appears to be possible to reach $900 price value by the end of this year it is not impossible because lately it is just on the $800-$820 and now the price suddenly jumped to its current price and as we can see we are now in the $864 price which is closer enough to the first mentioned price . I hope that it will continue or eventually become slightly stable on $864+ price and will never be dumped .
that's right we are much closer to end this year to 900$ and waiting for it to rise even more as we are waiting to see 1k$ incoming years its really hard to say that it can be drop again below 800$ mark but there's nothing impossible with crypto things happen without any notice let us all support so it will keep on moving up.

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December 22, 2016, 05:08:23 PM
 #31

Yet another classic Bitcoin pump. And yet again I don´t have the balls to sell, even though I know it will crash hard down to 700s soon I guess.

Thats why i sold mine today, i am taking my profit now before a new dump (mine was +- 400 USD per BTC profit so i thought it was time).
The last few hours it has been stagnating and not moving as fast anymore
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December 22, 2016, 05:13:54 PM
 #32

Yet another classic Bitcoin pump. And yet again I don´t have the balls to sell, even though I know it will crash hard down to 700s soon I guess.

Thats why i sold mine today, i am taking my profit now before a new dump (mine was +- 400 USD per BTC profit so i thought it was time).
The last few hours it has been stagnating and not moving as fast anymore


This is by no means a "classic bitcoin pump".... it has been increasing slow and steady for the last year, we havent even seen a parabolic rise like we've seen in the previous pumps.




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December 22, 2016, 05:15:40 PM
 #33

Yet another classic Bitcoin pump. And yet again I don´t have the balls to sell, even though I know it will crash hard down to 700s soon I guess.

Thats why i sold mine today, i am taking my profit now before a new dump (mine was +- 400 USD per BTC profit so i thought it was time).
The last few hours it has been stagnating and not moving as fast anymore


This is by no means a "classic bitcoin pump".... it has been increasing slow and steady for the last year, we havent even seen a parabolic rise like we've seen in the previous pumps.

Slow and steady till $780. But now in 2 days $100 is a pump and it will crash very soon. I am in BTC since 2012 and am used to these patterns. But I always sold at the wrong time, so as always, I will hold for long term.
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December 22, 2016, 05:21:19 PM
 #34

I think $900+ before christmas, if the trend continues. i have some sell orders at $910, i hope the pump goes on lol. i've been holding for long time, would be nice to get some $ to spend heh.
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December 22, 2016, 05:25:08 PM
 #35

Curious how strong the correction would be

there will be a dump for sure if we keep increase so fast, i don't like these pump they always become a dump at some point with heavy price correction, i can expect in the worst case a return to $700, which is very bad

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December 22, 2016, 05:35:32 PM
 #36

I think $900+ before christmas, if the trend continues. i have some sell orders at $910, i hope the pump goes on lol. i've been holding for long time, would be nice to get some $ to spend heh.
Price trend is on from yesterday. I have noticed its more 24$ price increased bitcoin chart. Hopefully i except 950$ more in the last week of this month. Still traders are demanding for low value when having trade.
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December 22, 2016, 05:48:56 PM
 #37

Curious how strong the correction would be

there will be a dump for sure if we keep increase so fast, i don't like these pump they always become a dump at some point with heavy price correction, i can expect in the worst case a return to $700, which is very bad

At some point there will be price correction,and since this is going up to fast we can expect that price can drop to 700$.But there is also possibility that such a drastic decline will not happen this time.It was a slow growth to 800$ and after that we see this pump which still runs.It seems that many people are buying now,but some of them will sell some coins for holidays.But I hope many will hold their coins this time and wait until next year when we may see four-digit numbers.

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December 22, 2016, 06:00:54 PM
 #38

I hate that word "pump".  You people use it indiscriminately for any big upward price movement.   Pump &dump belongs in the shitcoin realm, not the bitcoin one.  At least not anymore.   

Don't want to see this rising too fast, either.  I'm not afraid of the word "bubble".  We're getting close to that.

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EssentialCoin
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December 22, 2016, 07:24:39 PM
 #39

I hate that word "pump".  You people use it indiscriminately for any big upward price movement.   Pump &dump belongs in the shitcoin realm, not the bitcoin one.  At least not anymore.   

Don't want to see this rising too fast, either.  I'm not afraid of the word "bubble".  We're getting close to that.

That is right. It is better to rise slowly.

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MirkoIta
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December 22, 2016, 07:45:16 PM
 #40

This rally just started, a lot of people already forgot THE HALVENINGTM effect. Fasten your seatbelts guys and get ready for ATH before new year

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