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Author Topic: Bitcoin price Increasing today  (Read 1750 times)
Sweetbtc (OP)
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July 18, 2017, 08:16:25 AM
 #1

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

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July 18, 2017, 08:28:32 AM
 #2

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.
This is indeed extraordinary, now bitcoin prices already exceed 2300USD. I was very surprised and so did not expect. It seems people have not experienced the panic and have started to re-invest on bitcoin. This increase occurs because the demand for bitcoin is starting to increase again.
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July 18, 2017, 08:34:44 AM
 #3

I would say it was expected reaction of the market. Many users paniced last couple days and started to sell under influence of August 1 possible happenings but the price goes up again so now we can expeect the opposite. But experienced  users js seen all this before and now how to react.

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July 18, 2017, 08:35:06 AM
 #4

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.
This is indeed extraordinary, now bitcoin prices already exceed 2300USD. I was very surprised and so did not expect. It seems people have not experienced the panic and have started to re-invest on bitcoin. This increase occurs because the demand for bitcoin is starting to increase again.

People are starting to see that there won't be any hard fork at the 1th of August... so waiting for rebuy at the 1th of August doesn't make any sence.
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July 18, 2017, 08:36:19 AM
 #5

Yeah... I have also noticed. During the last 48 hours, the prices have increased by as much as 20% (from $1,800 to $2,200). What happened all of a sudden? I have noticed that SegWit2x is now at close to 90% support. Perhaps it has to do something with the price rise.

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July 18, 2017, 08:44:14 AM
 #6

It was all about to be expected. We need now to test some support. I would say it will be the last time chance to buy if support will hold. Such a behaviour is not at all a surprise to me. What is a surprise is how fast the bounce was. Usualy after the huge decline in price the recovery was quite slow.
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July 18, 2017, 08:45:26 AM
 #7

I think people are researched more on segwit (segregate witness) witness and found that ability and why its happening and found positive side of the implementation so started investing back instead of going panic.
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July 18, 2017, 08:45:43 AM
 #8

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

There is still time to buy some  bitcoins. But I'm guessing that this increase is going to take only for a week until we reach 2-3 days before this month ends. And for sure there will be a rapid dip too, so we dont have to wait for that time. If you can avail to purchase bitcoin today, buy.



 

 

 

 

 

 


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July 18, 2017, 08:48:47 AM
 #9

Yes bitcoin is increasing I thought it will continue to crashed before August 1 those who get panic and sold their coins while at low price might regret by this time and those who buy bitcoin when it was low seems to smile and still waiting for the price hike.
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July 18, 2017, 08:52:30 AM
 #10

Yes bitcoin is increasing I thought it will continue to crashed before August 1 those who get panic and sold their coins while at low price might regret by this time and those who buy bitcoin when it was low seems to smile and still waiting for the price hike.
This market is completely unpredictable mate, we mean the normal people can not guess what happen next second. I think this increase for panic sellers and buyers. New comers will get panic, and they do trading, and it is profitable for exchanges and loss for users. So I am not doing anything from last one week I stopped my all transaction. 
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July 18, 2017, 09:15:45 AM
 #11

Yes bitcoin is increasing I thought it will continue to crashed before August 1 those who get panic and sold their coins while at low price might regret by this time and those who buy bitcoin when it was low seems to smile and still waiting for the price hike.
This market is completely unpredictable mate, we mean the normal people can not guess what happen next second. I think this increase for panic sellers and buyers. New comers will get panic, and they do trading, and it is profitable for exchanges and loss for users. So I am not doing anything from last one week I stopped my all transaction. 

It holds around $1890. Most of the investors saw this as perfect time to really purchase because the price is low. That's why the price rose dramatically in the last 24 hours. As you see price fluctuations are also good for the market. I'm sure that a lot of our members have bought a lot during that time. There was even a thread saying that he wants to buy 1 full btc at a price of $1950 if I'm in mistaken so I'm he got what he wished for. If he's for shorting then at the current price, he could have easily profit around $300 dollar in a short period of time.

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July 18, 2017, 09:35:46 AM
 #12

I think people are researched more on segwit (segregate witness) witness and found that ability and why its happening and found positive side of the implementation so started investing back instead of going panic.
Im surprised with the bitcoin price seems increasing today. I guess this means people still keep on buying bitcoins and more beleive in that price will rise again. Yes I think this too that others did research on what may happen in this aug1. So, buy, hold and believe that we can earn profit by having patience.
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July 18, 2017, 10:12:55 AM
Last edit: July 18, 2017, 10:31:26 AM by mjglqw
 #13

The weekend is finished, that's why. Most people trade on weekdays hence higher price. The price pattern has been pretty much like this since last month lol. Tongue


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July 18, 2017, 10:15:03 AM
 #14

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

There is still time to buy some  bitcoins. But I'm guessing that this increase is going to take only for a week until we reach 2-3 days before this month ends. And for sure there will be a rapid dip too, so we dont have to wait for that time. If you can avail to purchase bitcoin today, buy.
With me in today just small recovery price after have some news about BIP91 make memes buying on market, maybe this trend will continue until end this week. When time nearest deathline, the market will very panic and we can see again dip price! I think that time is best time for buying, at now can sell but don't buy Smiley
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July 18, 2017, 10:23:47 AM
 #15

I'm not sure about the real process behind the price increase. The price increase is good and it has taken the price towards the price tag of around $2250. If similar growth happens for a short time period we might cross the $2500 mark from which the price began to crash. Also days are getting closer to the long awaited August one, this might be an before effect.

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July 18, 2017, 10:49:16 AM
 #16

Price increase is simple. There will be NO hard fork. The FUD is over and people are now back in the game. Look at all crypto huge gains yesturday. There is no need to wait until Aug 1 the dust has already settled and bitcoin can move forward. It is going to be a fun ride for the rest of the year!
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July 18, 2017, 10:50:45 AM
 #17

indeed Bitcoin price rising and retracing back,
but the question is what will happen in the future ? (lot of people speculated,the reason Bitcoin prices went down because of holiday)
will you believe it ? i won't,it should be down because an issue and uncertain news regarding Segwit and Hardfork.

only 2 possibilites why Bitcoin prices suddenly rising significantly :

1.They want to get out of it so they pump it (Bull trap) and then mass selling will happen again pushing it down to 1500$ level or more (Based on chart)

2.They're confident in Bitcoin (Including a viral post from founder McAfee) and they believe Segwit will activate

But,from my view likely it's first but it won't go down to 1500$ because many people confident in Segwit.

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July 18, 2017, 11:00:47 AM
 #18

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

There is still time to buy some  bitcoins. But I'm guessing that this increase is going to take only for a week until we reach 2-3 days before this month ends. And for sure there will be a rapid dip too, so we dont have to wait for that time. If you can avail to purchase bitcoin today, buy.
With me in today just small recovery price after have some news about BIP91 make memes buying on market, maybe this trend will continue until end this week. When time nearest deathline, the market will very panic and we can see again dip price! I think that time is best time for buying, at now can sell but don't buy Smiley

I'm not thinking about the market to be seen in panic already. But as of now we can see the price of bitcoin is quite calm and for sure it's going to be another unexpected move of bitcoin's price. If that happens I'm going to ride the trend of it again and will wait for the price of bitcoin to be in dip and if that happens, I'll take the advantage.



 

 

 

 

 

 


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July 18, 2017, 02:14:18 PM
 #19

Thankful for that. I did not expect the current rise of bitcoin to happen so fast, I thought the price would decrease more severely, but it did not. Well, I hope the price will not fall below $ 2000 anymore, because it could cause people like me to panic  Cheesy


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July 18, 2017, 03:26:47 PM
 #20

Bitcoin price is  Increasing today very rapidly and quickly. what happened ?
Is there any good news that make people buy again bitcoins.

I think it is the majority of vote for softfork, which make people think there will be no two chains and bitcoin price will go not to 4000$ and above.
Best time to buy cheap now.

There is still time to buy some  bitcoins. But I'm guessing that this increase is going to take only for a week until we reach 2-3 days before this month ends. And for sure there will be a rapid dip too, so we dont have to wait for that time. If you can avail to purchase bitcoin today, buy.
With me in today just small recovery price after have some news about BIP91 make memes buying on market, maybe this trend will continue until end this week. When time nearest deathline, the market will very panic and we can see again dip price! I think that time is best time for buying, at now can sell but don't buy Smiley

I'm not thinking about the market to be seen in panic already. But as of now we can see the price of bitcoin is quite calm and for sure it's going to be another unexpected move of bitcoin's price. If that happens I'm going to ride the trend of it again and will wait for the price of bitcoin to be in dip and if that happens, I'll take the advantage.
Are you have some doubt about the happens recovery price very strong and fast after under $2000 until today? In my opinion, today and this week maybe is bullish trap for helps people miss take profit when the price still around $2500-$2300


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