Is this a pump going on?

[European Central Bank]

its been a practice that after btc rise most of the alts fell down but as you mention looking inside the trading site we are seeing green too with most alts i guess its already been expected or newcomers really gather attention to invest with crypto and they already open up their minds unlike before which they only laughing when we talk about this crypto currency.

it's japan. there's a flood of noobs who know nothing. as soon as they realise maybe what they put their money into doesn't have much real value it's gonna collapse.

[1714103186]

1714103186

[1714103186]

1714103186

[1714103186]

1714103186

[peter0425]

it this Pump a buble? will the pump continues or will crash again ?

Why you guys keep saying this is a bubble? This is not a bubble that we are seeing. If this is a bubble it should have been burst by now. The $2000 barrier has been already, I think if indeed a bubble we are seeing, we should be seeing a lot of dumping since the mental barrier price is broken. Their maybe people really buying bitcoin right now at long term investment or store of value. The chances of those investors getting big profit is really high that's why they are panic buying now.

[BitFinnese]

its been a practice that after btc rise most of the alts fell down but as you mention looking inside the trading site we are seeing green too with most alts i guess its already been expected or newcomers really gather attention to invest with crypto and they already open up their minds unlike before which they only laughing when we talk about this crypto currency.

This one is quite interesting. I agree that when bitcoin price go up, most of altcoins are in red but it seems this time is different.  I believe bitcoin is a rally but this altcoins in my opinion are just pumps.  They ride on bitcoin popularity and triggers investors greed by telling stories how early adopters of Bitcoin get rich and then compare the price and nailed them with hyping telling the possible future price of this altcoin.

[Wipro]

it this Pump a buble? will the pump continues or will crash again ?

Why you guys keep saying this is a bubble? This is not a bubble that we are seeing. If this is a bubble it should have been burst by now. The $2000 barrier has been already, I think if indeed a bubble we are seeing, we should be seeing a lot of dumping since the mental barrier price is broken. Their maybe people really buying bitcoin right now at long term investment or store of value. The chances of those investors getting big profit is really high that's why they are panic buying now.

Bitcoin price raised and now touched the 2250$. It's big barrier peak value, if we look at the present value. Adoption rate is been increase to big with in this 5 months from this year starting onwards, due to this fees for the transaction has been increased gradually. Many wallet shows mining delay in the their site banner. Something is kicking me off.

[AGD]

Today its now seven consecutive green candles and we have already seen historical increase in price but where are profit takers and why bitcoin and altcoin are on the same ride at the same time?

I am not buying and waiting for correction but I am unable to understand why there is no red candle yet.

No. It's a so called reverse dump. Somebody just turned the chart upside down. You have to open a ticket for a correct view.

[Matkurb]

its been a practice that after btc rise most of the alts fell down but as you mention looking inside the trading site we are seeing green too with most alts i guess its already been expected or newcomers really gather attention to invest with crypto and they already open up their minds unlike before which they only laughing when we talk about this crypto currency.

it's japan. there's a flood of noobs who know nothing. as soon as they realise maybe what they put their money into doesn't have much real value it's gonna collapse.

In Japan, there are many old rich people who do not have other good investment, so bitcoin is good choice for them.

[ImHash]

Not exactly that kinds of pumps which everyone would think, this is more like a pissing contest as altcoins push then bitcoin investors say; ehe he he you bas**rds think you could win and surpass us? then take this bi*ches
I'm sorry but if you have another explanation I'm all ears. but don't you think because investors are investing in bulk that means altcoins are good as bitcoin.
LTC which is considered the silver to the gold of bitcoin is demonstrating a good faith, if it was about pumping hard only to dump later we should've seen the price reaching $75 by now, I think I misjudged LTC.
Other altcoins are either listed on a single exchange or people are blinded by greed and are actively buying at any price the sellers demanding or both.

[richardsNY]

The pump is not embracing only Bitcoin but.many altcoins too and I don't think we had similar situation before.

It happened in 2013 where certain altcoins got pumped sky high. Currently with Bitcoin you can talk about a more than decent increase, but when it comes to the altcoin market, it's a massive bubble. Look at Ether for example -- this token reached $173 today. Please, what dumbo buys Ether at current levels? It's embarrassing and shocking how certain people are willing to expose themselves to such insane risks....

[Siren]

The pump is not embracing only Bitcoin but.many altcoins too and I don't think we had similar situation before.

It happened in 2013 where certain altcoins got pumped sky high. Currently with Bitcoin you can talk about a more than decent increase, but when it comes to the altcoin market, it's a massive bubble. Look at Ether for example -- this token reached $173 today. Please, what dumbo buys Ether at current levels? It's embarrassing and shocking how certain people are willing to expose themselves to such insane risks....

We already know that altcoin is just a pump and dump market. Some are now speculating that Ether would reach $200??? I don't know who in their right frame of mind would buy it today at that price because it will suddenly go down, losing all your investment. As opposed to bitcoin that gradually building its price to the current levels that we have now.

[SaShiRaJaVu]

The pump is not embracing only Bitcoin but.many altcoins too and I don't think we had similar situation before.

It happened in 2013 where certain altcoins got pumped sky high. Currently with Bitcoin you can talk about a more than decent increase, but when it comes to the altcoin market, it's a massive bubble. Look at Ether for example -- this token reached $173 today. Please, what dumbo buys Ether at current levels? It's embarrassing and shocking how certain people are willing to expose themselves to such insane risks....

It is really risky to purchase any alt coins when they are riding high but buy walls keeps on increasing after a small correction and i really cannot understand why they are willing to risk with these sort of valuation,i remember ETH when it was hitting rock bottom a year ago and how the developers were trying hard to create fake buy orders to rescue the coin and now the price is just crazy.

[pooya87]

this is mostly FOMO, people finally realized they are missing out. as soon as the ATH was broken for the first time it was clear that bitcoin is headed for the moon.
before that price when you talked with random people you could have seen their targets are the same as the ATH, around $1000 to $1200. but ever since we started entering the uncharted waters the silly targets are no more. nobody can say i will sell at some price because that is IT. now people are seeing the higher prices such as $5000-$10,000

[sasaku bitbit]

it this Pump a buble? will the pump continues or will crash again ?

Why you guys keep saying this is a bubble? This is not a bubble that we are seeing. If this is a bubble it should have been burst by now. The $2000 barrier has been already, I think if indeed a bubble we are seeing, we should be seeing a lot of dumping since the mental barrier price is broken. Their maybe people really buying bitcoin right now at long term investment or store of value. The chances of those investors getting big profit is really high that's why they are panic buying now.

Bitcoin price raised and now touched the 2250$. It's big barrier peak value, if we look at the present value. Adoption rate is been increase to big with in this 5 months from this year starting onwards, due to this fees for the transaction has been increased gradually. Many wallet shows mining delay in the their site banner. Something is kicking me off.

It is true if the price of the bitcoin on the rise will give a better impact because the user will be doing a lot of deals in the trade but will also give bad impact because many wallet that indicates the delay mining banner on their site. but I believe this is due to the great value that culminated this price. now bitcoin touched up to $2400. the price was exceptional,

[Kotone]

Yes the pumping of bitcoin isn't over yet it will be continue till it will be reach at the price of $3000 or maybe more not less if the fall may happen maybe all those holders planning to sell their coins for the better profit waiting for them to have it. For sure on this year it will broke the wall again for the price of $3000

[moviebuff777]

Today its now seven consecutive green candles and we have already seen historical increase in price but where are profit takers and why bitcoin and altcoin are on the same ride at the same time?

I am not buying and waiting for correction but I am unable to understand why there is no red candle yet.

It seems like a pump to me because it's gone up so high so fast. A correction seems expected, but since this isn't the stock market, it's hard to tell if it drop.

[log2exp]

It's actually the fiat bubble popping.

[GameKyuubi]

It's actually the fiat bubble popping.

I don't think it's happening quite yet, but I think we're about 2 more cycles away.

Soon^tm

[bartolo]

I think the price of Bitcoin is normal right now. I remember earlier this year there were people like Vinny Lingham who predicted Bitcoin would reach $ 3000 this year if it solved the scalability debate. At that time it was not known that Japan was going to accept Bitcoin as legal payment method, we have seen the impact this has had on price. On the other hand the Bitcoin Scaling Agreement can be seen by many investors as a solution or an approach to the solution of the problem of scalability. For all this is normal for the price to rise. Also you have to take into account that the price of Bitcoin is rising but also the price of other coins is rising too, everycoin is rising right now, any coin receives a pump, it would be more logical to expect a dump of the altcoins before bitcoin.

[jeffytune]

Now its tenth consecutive green candle on daily chart.

Have you seen this before?

[posternat]

Yes the pumping of bitcoin isn't over yet it will be continue till it will be reach at the price of $3000 or maybe more not less if the fall may happen maybe all those holders planning to sell their coins for the better profit waiting for them to have it. For sure on this year it will broke the wall again for the price of $3000

The Way bitcoin is being pumping, $3000 does not seems to be a target for this year. We will crush 3000$ within a month if it continues to move in this speed. Already its is touching 2500$. I think it not only the bitcoin being pump for dumping only, this time it is the real price of Bitcoin and i am sure bitcoin will never be dumped again. Many new investors are coming and the old investors are not giving up bitcoins as everyone see a true potential in bitcoin.

[jeffytune]

Dump started.

$14B are already out of crypto market capital.