Bitcoin Forum
July 27, 2017, 08:56:40 AM *
News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: BTC up???  (Read 1615 times)
jubalix
Legendary
*
Offline Offline

Activity: 1540


View Profile
April 20, 2017, 10:26:37 PM
 #1

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
1501145800
Hero Member
*
Offline Offline

Posts: 1501145800

View Profile Personal Message (Offline)

Ignore
1501145800
Reply with quote  #2

1501145800
Report to moderator
1501145800
Hero Member
*
Offline Offline

Posts: 1501145800

View Profile Personal Message (Offline)

Ignore
1501145800
Reply with quote  #2

1501145800
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1501145800
Hero Member
*
Offline Offline

Posts: 1501145800

View Profile Personal Message (Offline)

Ignore
1501145800
Reply with quote  #2

1501145800
Report to moderator
BitcoinPanther
Sr. Member
****
Offline Offline

Activity: 420



View Profile
April 20, 2017, 11:16:34 PM
 #2

Scaling maybe one part of negative issue but it does not cover the whole of Bitcoin movement.  Smart contract is getting to Bitcoin this June and  another factor that affect Bitcoin price is adoption.  As you can see, Japan after announcing and accepting Bitcoin as money, its merchants started accepting and using Bitcoin.  This bring in new users and adopters that creates demand to Bitcoin.  Aside from that some countries like Poland have a positive view over Bitcoin and its technology.  So probably this coming smart contract and friendly gesture of some country to Bitcoin created a hype and thus BTC price go up.

           ▄▄████████████▄▄
       ▄▄████████████████████▄▄
     ▄██████████████████████████▄
   ▄██████████▀▀▀     ▀▀██████████▄
  ▄█████████▀            ▀█████████▄
 ▄█████████▀   ▄██████▄   ▀████████▄
▄██████████    ████████    █████████▄
███████████    ███████▀   ▄██████████
███████████    ▀▀▀▀▀▀    ▄████████████
███████████             ▀█████████████
▀██████████    ██████▄    ▀██████████▀
 ▀█████████    ███████▄    █████████▀
  ▀████████    ████████    ████████▀
   ▀███████    ████████    ███████▀
     ▀██████████████████████████▀
       ▀▀████████████████████▀▀
           ▀▀████████████▀▀
rivetz
DECENTRALIZED & MOBILE CYBER SECURITY TOKEN
▬▬▬▬▬▬▬▬   CROWDSALE OPENSJuly 25th, 2017   ▬▬▬▬▬▬▬▬






FiendCoin
Full Member
***
Offline Offline

Activity: 154


The devil is in the detail.


View Profile
April 21, 2017, 12:14:55 AM
 #3

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

You mean the miner roadblock? It's the miners who can't come to agreement on any proposal.

"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
jubalix
Legendary
*
Offline Offline

Activity: 1540


View Profile
April 21, 2017, 02:20:48 AM
 #4

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

You mean the miner roadblock? It's the miners who can't come to agreement on any proposal.

i did not mean either, raver referring to DEV in the larger sense of coin tec dev that has come to a halt and the implications for future DEV. No "dev" and in segwit supporters that are sometimes referred to dev

Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
JimboToronto
Legendary
*
Offline Offline

Activity: 1526



View Profile
April 21, 2017, 02:36:21 AM
 #5

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Bitcoin keeps going up because that's what it was designed to do.

Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.

The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.

No big deal.
cpfreeplz
Hero Member
*****
Offline Offline

Activity: 616


Anonymous bitcoin mixer


View Profile
April 21, 2017, 02:43:31 AM
 #6

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Bitcoin keeps going up because that's what it was designed to do.

Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.

The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.

No big deal.

Ya. The FUD just keeps us from doing a moon bounce but it can't stop bitcoins from going up in price more and more. They're rare, and everyone wants them!














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
Leonard2016
Hero Member
*****
Offline Offline

Activity: 504


View Profile
April 21, 2017, 03:14:40 AM
 #7

when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.

nothing to see here...
jubalix
Legendary
*
Offline Offline

Activity: 1540


View Profile
April 21, 2017, 03:32:56 AM
 #8

when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.

this description seems to be a zero sum game because as many people must have bought in at the top as sold out, so the net amount of money from this = 0.

Admitted Practicing Lawyer::BTC/Crypto Specialist.
B.Engineering/B.Laws
pooya87
Legendary
*
Offline Offline

Activity: 980


Bitcoin's dominance=100,000 merchants accepting it


View Profile
April 21, 2017, 03:57:11 AM
 #9

when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.

this description seems to be a zero sum game because as many people must have bought in at the top as sold out, so the net amount of money from this = 0.

those who act quick, they sell bitcoin on top (the top price was ~$1260) even selling on $1230ish
then buy the shitcoins that were about to pump like Dash and Eth each at the bottom of the price around $50 and $20 respectively and then dump them on top around $105 and $52 respectively and that is a 100% and 150% pure profit that will come back to buy bitcoin Smiley

and this is mostly an answer to those who love reciting altcoin prices in USD.

Jon Connor
Jr. Member
*
Offline Offline

Activity: 36


View Profile
April 21, 2017, 04:49:56 AM
 #10

btc is undervalued, it probably should be in the 1600k range, but most likely because of the bitfinex exit pump. wire transfers are halted. buy btc and transfer it to another exchange. nobody wants to be goxed!
Sniper44
Hero Member
*****
Offline Offline

Activity: 574


View Profile
April 21, 2017, 05:11:52 AM
 #11

btc is undervalued, it probably should be in the 1600k range, but most likely because of the bitfinex exit pump. wire transfers are halted. buy btc and transfer it to another exchange. nobody wants to be goxed!

people have been doing this exact thing for a couple of days now, ever since the news was spread and they made an announcement on their blog.
go take a look at their cold storage addresses and see how they are being drained by people making withdrawals.
and it is all panic, nothing else.

Amph
Legendary
*
Offline Offline

Activity: 1582



View Profile
April 21, 2017, 07:24:17 AM
 #12

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

You mean the miner roadblock? It's the miners who can't come to agreement on any proposal.

i did not mean either, raver referring to DEV in the larger sense of coin tec dev that has come to a halt and the implications for future DEV. No "dev" and in segwit supporters that are sometimes referred to dev

because having higher fee won't stop bitcoin to go up, i mean traders don't care about fee they have their coins sitting on exchange all the time and pump and dumpthe value to get more, for them the fee is also not different than the one they are paying already ont he exchange

and scaling issue is only going to stop average joe to jump in, and guess what? average joe are not the one that make the value going up, you need rich people, and guess what again? rich people don't care about paying $1 in fee...

but this last raise is due probably to bitfinex deposit issue, but the bottom is established at $1000+ already
1Referee
Legendary
*
Online Online

Activity: 1218

BitKorn!


View Profile
April 21, 2017, 08:05:07 AM
 #13

because having higher fee won't stop bitcoin to go up, i mean traders don't care about fee they have their coins sitting on exchange all the time and pump and dumpthe value to get more, for them the fee is also not different than the one they are paying already ont he exchange

and scaling issue is only going to stop average joe to jump in, and guess what? average joe are not the one that make the value going up, you need rich people, and guess what again? rich people don't care about paying $1 in fee...

but this last raise is due probably to bitfinex deposit issue, but the bottom is established at $1000+ already

While I agree that market movers don't really care about the higher fees, it must be mentioned that they do take the scaling aspect seriously. We're currently far away from it, but if BU happens to initiate an unsuccessful hard fork with a chain split as result, it will have a significant negative impact on the price. For you it's easy talking, but that's a whole lot different if your exposure sits in the millions. No serious investor will put such a thing aside so easily.

Seansky
Sr. Member
****
Offline Offline

Activity: 448



View Profile
April 21, 2017, 09:59:43 AM
 #14

BTC goes up even if there are high fees right now with BUvsSegwit debate just because it still got the demand it needs to go up now regardless of the slowness of confirmation time and of course the volume of transactions that happen everyday remains the same. The debate really doesn't matter in price unless there will be a winner between BU and Segwit.

   ▄ █     ▄
   ▀ █ ▄ ▀ █
 ▄ █ █ █ █ █ ▄
██ █ █ █▄█ █ ██
██▄███▄█ ██████
 ▀▀███▄█████▀▀
██▀▀███████▀▀██
 █▄  ▀███▀  ▄█
 ▀▀▀██▀ ▀██▀▀▀
   ███▀█▀███
   █ █▀█ █ █
     ▀ █ █
     ▀ █
   ▄ █     ▄
   ▀ █ ▄ ▀ █
 ▄ █ █ █ █ █ ▄
██ █ █ █▄█ █ ██
██▄███▄█ ██████
 ▀▀███▄█████▀▀
██▀▀███████▀▀██
 █▄  ▀███▀  ▄█
 ▀▀▀██▀ ▀██▀▀▀
   ███▀█▀███
   █ █▀█ █ █
     ▀ █ █
     ▀ █
   ▄ █     ▄
   ▀ █ ▄ ▀ █
 ▄ █ █ █ █ █ ▄
██ █ █ █▄█ █ ██
██▄███▄█ ██████
 ▀▀███▄█████▀▀
██▀▀███████▀▀██
 █▄  ▀███▀  ▄█
 ▀▀▀██▀ ▀██▀▀▀
   ███▀█▀███
   █ █▀█ █ █
     ▀ █ █
     ▀ █
.
●  Over 630 Cards
●  32 Heroes in 7 Classes
●  Innovative Dual System
.
●  Balanced & Varied
●  Great Community
●  FREE to play
[]   ▄ █     ▄
   ▀ █ ▄ ▀ █
 ▄ █ █ █ █ █ ▄
██ █ █ █▄█ █ ██
██▄███▄█ ██████
 ▀▀███▄█████▀▀
██▀▀███████▀▀██
 █▄  ▀███▀  ▄█
 ▀▀▀██▀ ▀██▀▀▀
   ███▀█▀███
   █ █▀█ █ █
     ▀ █ █
     ▀ █
ASHLIUSZ
Sr. Member
****
Offline Offline

Activity: 378



View Profile
April 21, 2017, 10:19:10 AM
 #15

This might be an observed increase that happens naturally based on the increase and decrease of the price. Recent bitfinex too might have small relation in the ongoing increase due to the high volume deposit that generates an increased circulation in the market cap of bitcoin.

           ▄▄████████████▄▄
       ▄▄████████████████████▄▄
     ▄██████████████████████████▄
   ▄██████████▀▀▀     ▀▀██████████▄
  ▄█████████▀            ▀█████████▄
 ▄█████████▀   ▄██████▄   ▀████████▄
▄██████████    ████████    █████████▄
███████████    ███████▀   ▄██████████
███████████    ▀▀▀▀▀▀    ▄████████████
███████████             ▀█████████████
▀██████████    ██████▄    ▀██████████▀
 ▀█████████    ███████▄    █████████▀
  ▀████████    ████████    ████████▀
   ▀███████    ████████    ███████▀
     ▀██████████████████████████▀
       ▀▀████████████████████▀▀
           ▀▀████████████▀▀
rivetz
DECENTRALIZED & MOBILE CYBER SECURITY TOKEN
▬▬▬▬▬▬▬▬   CROWDSALE OPENSJuly 25th, 2017   ▬▬▬▬▬▬▬▬






jtipt
Hero Member
*****
Offline Offline

Activity: 588



View Profile
April 21, 2017, 11:59:50 AM
 #16

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?
IMO the BU dust has settled and BTC is back on its track to glory. As for segwit, i still have no idea what is happening with it, and at this point i don't this segwit will happen ever.

                                                                       
    ▄▄███████▄▄                           ▄      ▄
   ██████████████▄                       ███    ███
  ███▀ ▄▄▄▄▄▄▄ ▀████                     ███    ███
  █████████████▄ ▀███                    ███    ███   █▄ ▄▄
   ▀████▄  ▄▄███  ▀███                   ███    ███  ▄████
   ▄███████████   ▄███                  ███    ███  ▀▀███▀▀
   ███           ▄███         ▄▄▄▄      ███    ███     █    ▄▄  ▄▄▄▄
  ▄███     ▄▄▄▄█████        ▄█████▄    ▄██▀   ▄██▀    ███   █████████
  ███▄    ████████         ▄███▀▀███   ███    ███    ███▀   █████▀████
   ███     ▀▀█████▄      ▄█████▄ ███   ███    ███    ███    ████   ███
   ███         ▀███▄     ███▀███ ███  ███▀   ███▀    ███    ███▀   ███
   ███           ███▄    ███  ▀▀ ███  ███    ███    ███▀   ▄███    ███
   ▀██▄           ███    ███▄  ▄███   ███    ███    ███    ███    ███▀
    ███           ▀███▄   ████████    ███    ███    ███    ███    ███
    ▀██            ▀████   ▀████▀      ██     ██    ▀██    ▀█▀    ▀█▀


.
.
.
        ▄▄▀                ▀▄▄
     ▄ ▀▀                    ▀▀ ▄
   ▄ ▀▀▀                      ▀▀▀ ▄
  ▄▀▀▀                          ▀▀▀▄
 ▀█▄▄                            ▄▄█▀
▄█  ▄                            ▄  █▄
▀█ █▀                            ▀█ █▀
█▄  ▄                            ▄  ▄█
▀█ █                              █ █▀
█▄   █                          █   ▄█
 ██▄█▀                          ▀█▄██
  ▀▀  ▄█                      █▄  ▀▀
  ▀██▄ ▀  █▄              ▄█  ▀ ▄██▀
    ▀▀▀   ██  █▄      ▄█  ██   ▀▀▀
     ▀███▄▄▀  ███    ███  ▀▄▄███▀
        ▀▀▀▀▄▄▄▄▀    ▀▄▄▄▄▀▀▀▀
          ▀▀█████▀▀▀▀█████▀▀
.
.
Free Bitcoins
Chat Lottery & Games
Level Up System with Rewards
▄████████▄  ▄████████▄
██      ██  ██      ██
██      ██  ██      ██
██      ██  ██      ██
██      ██  ██      ██
 ████████    ████████
██      ██  ██      ██
██      ██  ██      ██
██      ██  ██      ██
██      ██  ██      ██
▀████████▀  ▀████████▀
.
rajasumi3
Full Member
***
Offline Offline

Activity: 210


View Profile
April 21, 2017, 01:04:12 PM
 #17

The price of bitcoins is going up as it was predicted to be .nothing will affect bitcoins,after SEC rejected bitcoins there was a panic over all and the price of bitcoins went down a lot and well now the price of bitcoins is  going up and up and soon it will reach upto 2000$.

el kaka22
Legendary
*
Offline Offline

Activity: 1036


Crypto-Games.net: Multiple coins, multiple games


View Profile
April 21, 2017, 02:02:01 PM
 #18

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?
IMO the BU dust has settled and BTC is back on its track to glory. As for segwit, i still have no idea what is happening with it, and at this point i don't this segwit will happen ever.
We cannot be sure about segwit will get activated or not but litecoin just come forward for an agreement to activate segwit and I guess bitcoin miners are just waiting for how litecoin finds improvement with segwit activation.

I was not seeing any positive news for bitcoin ecosystem except legalization in Japan and huge number of Japanese merchants are going to adopt bitcoin payments. I believe this alone more than enough supporting news for bringing bitcoin prices to $1300+ levels and this is what exactly happening right now.

 

▇▇▇▇
▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇
▇▇▇▇▇▇
 
Iranus
Sr. Member
****
Offline Offline

Activity: 378


View Profile
April 21, 2017, 03:47:46 PM
 #19

Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Bitcoin keeps going up because that's what it was designed to do.

Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.

The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.

No big deal.

Ya. The FUD just keeps us from doing a moon bounce but it can't stop bitcoins from going up in price more and more. They're rare, and everyone wants them!
This kind of super-basic price speculation isn't really getting Bitcoin anywhere.  It wasn't actually designed to rise, it was designed to be scarce.  There's a key distinction, which is that it'll only keep rising as long as people have confidence in it and in reality Bitcoin still has a natural inflation rate because of the new Bitcoin being introduced from mining.

Maybe people are thinking that there should be some kind of panic due to the fact that scaling doesn't seem to be going anywhere, but the reason it's not is because alts have just soared much more than any natural amount and that's resulted in big corrections (and in DASH's case, a dump), which is resulting in people storing money in Bitcoin.

The rise is temporary due to the Bitfinex and USDT problems, which will cause a dump back into alts in a month or two unless Bitfinex handles fiat again.

Alts will never rise too much further though, because Bitcoin will just be a place for people to relax as they know that their money is safe, whereas holding it in most other coins it isn't (even in USDT, as we're about to find out), and people will use it as a "digital gold" style storage solution.

Hazir
Legendary
*
Offline Offline

Activity: 1274


★Nitrogensports.eu★


View Profile
April 21, 2017, 07:19:22 PM
 #20

Current high price has nothing to do with SegWit or Bitcoin Unlimited or scaling debate in general.
Initially I thought upward trend was a positive reaction to SegWit gaining more support but that might not be it.
I would rather guess that BTC price spiked due to USD withdrawal blockade on Bitfinex and Chinese exchanges.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!