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Author Topic: Price climbing fast again  (Read 9797 times)
BillyBobZorton (OP)
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January 26, 2017, 01:30:45 PM
 #1

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.
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January 26, 2017, 01:34:19 PM
 #2

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

Yes I noticed that too and I considered that as part of the roller coaster movement of bitcoin price. That's why don't be panic when there is a price decrease that is hapeening since many traders set their buying rate at below $900 or close to $800. Don't have basis for that but either way, chart tolding us that many are taking buys after those price decrease at the range of price correction.

With the slow rise that currently happening as of Im posting this, watch out again for a price decrease so learned to get out and ready your price alarm now if you have. Smiley
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January 26, 2017, 01:36:52 PM
 #3

Still its nothing price going up and down for 15 dollar is almost every day happen.
But even in this price change you can make some but im glad that price is still in 900 range.
Hope it will remain in that direction for quit some time.

But to be honest i expect for it to go up or down quite much for US president crown day but nothing happen seem to me that politic is no more influence at least not that much.



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January 26, 2017, 01:37:19 PM
 #4

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

it is too soon to shout rise over the rooftops, there is only accumulation going on in my opinion and we may ever see $900+-$20 for the time being.

and also i should add that Chinese were never dumping anything, it was always a fake story about them, dumping, pumping and doing all kinds of stuff just to create fear in the market.

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January 26, 2017, 01:47:30 PM
 #5

I'm not getting excited until we break the ATH. (Even then it'll most likely drop to the $1000 area soon after)

These small up and downs are normal.
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January 26, 2017, 01:50:04 PM
 #6

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

Where are you this last few days?  It was been in 900+ and there is no such thing as bitcoin price climbing fast.  It is stable and moving sideways in $850+ sub $950.  Though I agree that  anytime bitcoin can either go up or down depend on the upcoming new whether it is good press or bad press.

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January 26, 2017, 02:00:57 PM
 #7

I'm not getting excited until we break the ATH. (Even then it'll most likely drop to the $1000 area soon after)

These small up and downs are normal.

Yes the USD ATH is what we should aim for as the next big milestone.
Anything else is more or less irrelevant.
Furthermore it looks like we are sideways since january 17th with some bigger and smaller up and down swings around the $900.
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January 26, 2017, 02:01:27 PM
 #8

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

it is too soon to shout rise over the rooftops, there is only accumulation going on in my opinion and we may ever see $900+-$20 for the time being.

and also i should add that Chinese were never dumping anything, it was always a fake story about them, dumping, pumping and doing all kinds of stuff just to create fear in the market.

i only hope that when in the chinese new year, the price will increase but i think it will not happen because many traders in china want to celebrate and i think they will make withdraw and use the money to make a party. and lets we pray and hope that the price is not down to deep and we don't see the panic in the market.



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jaberwock
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January 26, 2017, 02:16:29 PM
 #9

$15 is not a climb fast movement, specially at the current price level, around $900, so only around 1.7% variation, acceptable even in more traditional markets and in the forex.

I remember when the price could easily rise or fall $50+, or even $100+, and price was much lower than the current ones, not that long ago

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January 26, 2017, 02:55:17 PM
 #10

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

it is too soon to shout rise over the rooftops, there is only accumulation going on in my opinion and we may ever see $900+-$20 for the time being.

and also i should add that Chinese were never dumping anything, it was always a fake story about them, dumping, pumping and doing all kinds of stuff just to create fear in the market.

i only hope that when in the chinese new year, the price will increase but i think it will not happen because many traders in china want to celebrate and i think they will make withdraw and use the money to make a party. and lets we pray and hope that the price is not down to deep and we don't see the panic in the market.

some who invests in something doesn't sell his investment to celebrate, that would be stupid. maybe some small time investors who has 0.1BTC or less sells some because he is out of money but not when you are a real investor.

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January 26, 2017, 03:17:41 PM
 #11

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

If you will compare it to previous burst, this is not fast enough. I can say that this is just normal pace bitcoin wise.
I read that investors are dumping gold in order to buy bitcoin. Maybe that is the reason the price is moving up again. We will see if there are enough movers to push the price back to 1000$.
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January 26, 2017, 03:59:28 PM
 #12

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.
Wiat for it. It wont last on that price they will dump it again to make profit tomorrow its just trick if your going to hold your bitcoin good luck but if you do short term of trading congrats theres profit waiting for you in the end. Bitcoin will never stable in that price it always increase and decrease.
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January 26, 2017, 04:15:17 PM
 #13

Like other said $15 is such a small pump and i think its a normal movement since bitcoin is not stable and unpredictable price. we can not know if the price will getting high or low it is always depends in demand and supply..
But much better to wait for huge price increase i think $1k value again..



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January 26, 2017, 04:20:31 PM
 #14

Not as fast but on a slow one. Yes price are back again closely to the last high after the recent price decrease. Well nothing new since we are in building a correction price. Still buy rate level I considered is $800-$900. This is really interesting since $900 level seems to be the breaking point. What matters here now is the resistance so that we may called this level a new bottom "someday".

A good starting point to if ever some big hoarders will attempt to make such big price increase.

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January 26, 2017, 04:21:22 PM
 #15

It is a rapid rise, but the price has been in this range for a long time.
$15 is not huge in the larger scheme of things.
Not so long ago, we had increases of $100 in a day's time.


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Catmony
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January 26, 2017, 04:31:30 PM
 #16

$15 pump is not that high and it can quickly get corrected but i think it will be quite interesting to see how the bitcoin price/market will react for next few weeks to the recent implementation of trading fee by chinese exchangers. Volume from china have already dropped significantly, now we may see some healthy price growth.  Wink
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January 26, 2017, 04:39:38 PM
 #17

it's because of the big whales. i think their keeping investing bitcoin thats why the price of bitcoin is now floating again. they're also the reason why the bitcoin price is dropping because they're cashing out their bitcoin to cash. ofcourse we also need cash not only bitcoin because cash is the primary source of need in exchange to things you want to buy you can't buy a house through bitcoin because you also need to convert it first before you could buy a house.
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January 26, 2017, 04:52:26 PM
 #18

I suppose another cycle is about to  begin. Also, if you would notice, the baseline's getting higher and higher every cycle. This is a good sign IMO.

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January 26, 2017, 04:56:43 PM
 #19

I'm guess the value will keep stable as I can see my local graph trend.
Even if it climb at the moment, they will decrease in a second as it reach normal transaction period
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January 26, 2017, 05:03:58 PM
 #20

I didn't notice any change in the price for bitcoin really. Maybe it's cause of the price is changing so fast that I didn't see a move. If to talk about bitcoin's price I expect to see some drop in next few days cause of Chinese New Year. Maybe I'm wrong, but we will find out this very soon.
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