Price climbing fast again

[Pursuer]

Yes absolutely the price is climbing fast again, and it shows minimal drop of its price as the time is passing by more users are always waiting to the price that will spikes higher again. As I had observe last month up to present there were significant movement, that could be profitable along the ways of its price is fast climbing up which is very good news to all investors of bitcoin.

where do you see fast rise?
this topic is a bit old and by that time price was moving a little bit faster than normal right now price is super slow and it mostly seems stuck at a fixed price of $995-$1005 and going up and down around this price is not called fast rise in my books!

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[deisik]

Yes absolutely the price is climbing fast again, and it shows minimal drop of its price as the time is passing by more users are always waiting to the price that will spikes higher again. As I had observe last month up to present there were significant movement, that could be profitable along the ways of its price is fast climbing up which is very good news to all investors of bitcoin.

where do you see fast rise?
this topic is a bit old and by that time price was moving a little bit faster than normal right now price is super slow and it mostly seems stuck at a fixed price of $995-$1005 and going up and down around this price is not called fast rise in my books!

The price has been "stuck" only for 2 days at most

Even in Bitcoin terms this is nowhere near to being stuck. But the rule of thumb is that the longer the price stays at some level the stronger will be the next movement, either up or down. If you are impatient and can't wait out the calm, you are most likely set to lose in the storm that comes after the calm. As the trading proverb goes, bulls make money, bears make money, pigs get slaughtered

[warwar]

We noticed it all sort of it will goes up then eventually it goes down sort of some of it is manipulating but now it stay up but yesterday it drops. Well nothing we could say as traders we should take this time a advantage to buy or sell our coin to earn profits so good luck to us

[Rahar02]

We noticed it all sort of it will goes up then eventually it goes down sort of some of it is manipulating but now it stay up but yesterday it drops. Well nothing we could say as traders we should take this time a advantage to buy or sell our coin to earn profits so good luck to us

Yes, a little bit up and down, usual fluctuations of bitcoin in every day. As long as it stay at $1000 level, it's okay, I love to see it.
I guess, investors still waiting for fixed problem of government regulations regarding bitcoin exchanges and winklevoss ETF.
Daily traders can't get many profits if the price stable at this point, within $900-$1010.

[mtwelve]

We noticed it all sort of it will goes up then eventually it goes down sort of some of it is manipulating but now it stay up but yesterday it drops. Well nothing we could say as traders we should take this time a advantage to buy or sell our coin to earn profits so good luck to us

Yes, a little bit up and down, usual fluctuations of bitcoin in every day. As long as it stay at $1000 level, it's okay, I love to see it.
I guess, investors still waiting for fixed problem of government regulations regarding bitcoin exchanges and winklevoss ETF.
Daily traders can't get many profits if the price stable at this point, within $900-$1010.

A $100 range is a HUGE margin, especially with leveraged trading. There's definitely profit to be  be made wh day trading.

[pacifista]

Dont be exagerrated, its a normal scenario that happens to bitcoin. If bitcoin climbing up so fast then the next thing  will be the same but on opposite direction or vice versa. But im hoping and believing in bitcoins true power.

[susila_bai]

Dont be exagerrated, its a normal scenario that happens to bitcoin. If bitcoin climbing up so fast then the next thing  will be the same but on opposite direction or vice versa. But im hoping and believing in bitcoins true power.

It is not always like what you are telling right now the movement of the bitcoin rise is true so going lower is very less and it is sustaining the higher price their is only slow movement which is good for bitcoin

[Wowcoin]

The price climbing fast again because the demand also gaining its good reputation on digital crypto currency and it has bring a good impact to us who are gaining good profit with bitcoin. Most people with no btc holdings were waiting for another price drop so that they may earn profit if ever the price drops down, and then soars higher again for profit gains for the future.

[BillyBobZorton]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

[1Referee]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

I find it still too early to come to that conclusion, but it's obvious that people are getting used more and more to the price hovering around current levels. Right now it's waiting for the price to rush further, where only another PBOC announcement has the ability to make the price fall back to current levels. I am fairly sure that the PBOC is quite disappointed in the price not having gone down further, as their announcements are solely meant to hold back Bitcoin's price growth. It's no coincidence that they show up everytime the price reaches higher and higher.

[Pattberry]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

It is really a positive sign to see the price of bitcoin hovering over $1000 even with the news coming out of China and this is the second time this year the price is recovering even thought they wanted the price to take a hit so that they could make more money out of it.Market manipulation is done by the Chinese and i really do think it is a collective effort to make some huge amount of profits.

[Viviyang]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

It is really a positive sign to see the price of bitcoin hovering over $1000 even with the news coming out of China and this is the second time this year the price is recovering even thought they wanted the price to take a hit so that they could make more money out of it.Market manipulation is done by the Chinese and i really do think it is a collective effort to make some huge amount of profits.

Ya it is true that now other country are also supporting Bitcoin and china is no more controlling the bitcoin price manipulation, and even the supporters of bitcoin are very strong and on every dump they are taking it opportunity to buy and maintaining the price to bull run

[deisik]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

I find it still too early to come to that conclusion, but it's obvious that people are getting used more and more to the price hovering around current levels. Right now it's waiting for the price to rush further, where only another PBOC announcement has the ability to make the price fall back to current levels. I am fairly sure that the PBOC is quite disappointed in the price not having gone down further, as their announcements are solely meant to hold back Bitcoin's price growth. It's no coincidence that they show up everytime the price reaches higher and higher

This is what many of us think

But obviously this is not necessarily so. In fact, the PBoC may have a radically different agenda, we don't know that for sure. Nevertheless, if it is really so, this example shows how weak national authorities actually are (and how strong Bitcoin is). What the central bank of China does (did) is not very far from banning Bitcoin exchanges directly, but this doesn't affect Bitcoin in a significant degree (after they ultimately failed at their first attempt). It would have worked with fiat (over which central banks have full control) but it seems that it won't work with Bitcoin

[azguard]

Dont be exagerrated, its a normal scenario that happens to bitcoin. If bitcoin climbing up so fast then the next thing  will be the same but on opposite direction or vice versa. But im hoping and believing in bitcoins true power.

Sure now we have drop again and after some little more drop price will go again over 1000 and it will recover in next period like its always did. We will see how much time will need to recover like always or it will be little longer.

[veleten]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

I find it still too early to come to that conclusion, but it's obvious that people are getting used more and more to the price hovering around current levels. Right now it's waiting for the price to rush further, where only another PBOC announcement has the ability to make the price fall back to current levels. I am fairly sure that the PBOC is quite disappointed in the price not having gone down further, as their announcements are solely meant to hold back Bitcoin's price growth. It's no coincidence that they show up everytime the price reaches higher and higher.

PBOC oficially declared policy behind the "talks" with the exchanges is money laundering prevention
if they really wanted to drive the price down,they would issue some sort of a draconian law and limit the usage
sometimes we try to find a black cat in a dark room when it is not even there....

[deisik]

They are obviously trying to push the price down below $1000 but bull pressure is too strong. Once TPTB whales run out of money the natural bull pressure will surge and we will be at a new ATH in no time. $1000 floor is now confirmed.

I find it still too early to come to that conclusion, but it's obvious that people are getting used more and more to the price hovering around current levels. Right now it's waiting for the price to rush further, where only another PBOC announcement has the ability to make the price fall back to current levels. I am fairly sure that the PBOC is quite disappointed in the price not having gone down further, as their announcements are solely meant to hold back Bitcoin's price growth. It's no coincidence that they show up everytime the price reaches higher and higher.

PBOC oficially declared policy behind the "talks" with the exchanges is money laundering prevention
if they really wanted to drive the price down,they would issue some sort of a draconian law and limit the usage
sometimes we try to find a black cat in a dark room when it is not even there....

While I certainly agree that it is unlikely that PBoC announcement has anything to do with Bitcoin price, but, on the other hand, Bitcoin has been actively traded for more than 5 years already (e.g. btc-e exchange is over 5 years old), so why did they decide to start hard-line fighting with "money laundering" only now? Chinese exchanges were reporting huge volumes since the price had started to rise in early September, 2015

Would they have done the same if Bitcoin were still hanging around its per-December levels?

[veleten]

I am more inclined to think that PBOC is much more concerned about the capital flow and money laundering
through pyramid schemes (chinese reincarnation of MMM ponzi anyone?) than bitcoin price or bitcoin in general
it coincides with bitcoin price fluctuation,true
it also coincides with unprecendented yuan devaluation and many other global market events

[deisik]

I am more inclined to think that PBOC is much more concerned about the capital flow and money laundering
through pyramid schemes (chinese reincarnation of MMM ponzi anyone?) than bitcoin price or bitcoin in general
it coincides with bitcoin price fluctuation,true
it also coincides with unprecendented yuan devaluation and many other global market events

Well, that's what I think explains most coherently their recent actions

Disabling Bitcoin deposits and withdrawals (as well as other cryptocurrencies) fits their policy best. This is a clear signal from the Chinese authorities that they won't bear the competition with the Yuan. I don't think the US dollar is very widespread across China, anyway, they can still control (and restrain if necessary) such payments unless cash is involved. But Bitcoin is obviously beyond their control and it allows cashless transactions which they can't even trace. Would these actions stop Bitcoin adoption in China if the official currency of this country continues to get devalued further?

[hawkins]

Well, I see that the current price of bitcoin back stable, and does not rise rapidly. I think this is a normal thing. I feel that soon the price of bitcoin will rise rapidly again, and this time may be an opportunity for us, in order to buy bitcoin in significant amounts.

[boyptc]

Well, I see that the current price of bitcoin back stable, and does not rise rapidly. I think this is a normal thing. I feel that soon the price of bitcoin will rise rapidly again, and this time may be an opportunity for us, in order to buy bitcoin in significant amounts.

I'm pretty calm now seeing the price to be back and stable moving at $900-$1,000 seems to be a relief to me. I don't want to see the price of bitcoin increase rapidly, we know the opposite thing that it can happen back. If it climbs again faster that will make me another heartache and some kind of fear of what it can happen after it climbed.