Bitcoin Forum
November 17, 2017, 11:48:53 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Reason for the recent pump to over 5000 USD  (Read 170 times)
grexmebeen
Member
**
Offline Offline

Activity: 76


View Profile
October 13, 2017, 12:20:25 AM
 #1

What's the reason? Huh
Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510962533
Hero Member
*
Offline Offline

Posts: 1510962533

View Profile Personal Message (Offline)

Ignore
1510962533
Reply with quote  #2

1510962533
Report to moderator
1510962533
Hero Member
*
Offline Offline

Posts: 1510962533

View Profile Personal Message (Offline)

Ignore
1510962533
Reply with quote  #2

1510962533
Report to moderator
TryNinja
Sr. Member
****
Online Online

Activity: 462



View Profile
October 13, 2017, 12:34:04 AM
 #2

One of the reasons could easily be the S2X fork that is happening next month. People want their free "airdrop" just like what happened to Bitcoin Cash, so they are selling all their altcoins for Bitcoin. Just check all the other cryptocurrencies and you will see how the recent Bitcoin rise is correlated with the price drop on all other altcoins.

We may even see another rise if S2X dies in a few months and Bitcoin keeps it economic majority. Check the other threads before making the same question over and over again.

hunterkrypto
Jr. Member
*
Offline Offline

Activity: 52

level tidak menjamin seseorang dapat di percaya


View Profile
October 13, 2017, 12:40:57 AM
 #3

it's because it will appear bitcoin gold for this month so if you remember bch then it will happen again in bitcoin gold, the reason is that's it's just me to keep watch when hardfork happens
sofi@
Full Member
***
Offline Offline

Activity: 140



View Profile
October 13, 2017, 01:07:55 AM
 #4

Maybe the reason behind this pump is the preparation for the upcoming second hard fork, I think they don't want people to hold much bitcoin so if the price is high people will not buy and hold their coins, it seems they want fewer people holding bitcoin during the introduction of bitcoin gold and bitcoin segwit 2x.

▄     PROPTHEREUM          ASSET BACKED PROPERTY ON THE BLOCKCHAIN     ▄     PROPTHEREUM     
▌   CROWDSALE STARTS 20 NOVEMBER 2017   ▐     WhitePaper     ANN Thread     Facebook     Twitter
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
DaddyMonsi
Legendary
*
Offline Offline

Activity: 896


Pundi X- Any store can buy, sell & accept Crypto!


View Profile WWW
October 13, 2017, 01:12:42 AM
 #5

Hard fork starting October 25. Just like what happened last August Altcoins dropped, Bit coin went up and you get a reward of Bitcoin Cash for the amount of Bitcoin that you have in your wallet and the ratio is 1:1. Looks like a lot Altcoin holders learned from that so if you notice, Altcoins are down and a demand for BTC is up.

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

███▀▀▀▀▀▀▀▀██████▀▀▀████████▀▀▀██▀▀▀███████████▀▀▀██▀▀▀▀▀▀▀▀████████▀▀▀█████
███          ▀███   ████████   ██    ▀█████████   ██           ▀████   █████
███   █████▄   ██   ████████   ██      ▀███████   ██   ██████▄   ███   █████
███   ██████   ██   ████████   ██   █▄   ▀█████   ██   ████████   ██   █████
███   █████▀   ██   ████████   ██   ███▄   ▀███   ██   ████████   ██   █████
███          ▄███   ▀██████▀   ██   █████▄   ▀█   ██   ███████▀   ██   █████
███   ▄▄▄▄▄███████   ▀▀▀▀▀▀   ███   ███████▄      ██   ▀▀▀▀▀▀   ▄███   █████
███   █████████████▄        ▄████   █████████▄    ██        ▄▄▄█████   █████
████████████████████████████████████████████████████████████████████████████
▀██████████████████████████████████████████████████████████████████████████▀
  BUY
  SELL
ACCEPT
   ███████████████████████████
  .CRYPTOCURRENCY..
███████████████████████████
.

Senior Member
██████████████████████████████████████████████████████████████████▄   ▄
███████████████████████████████████████████████████████████████████▀▄▀
██████████████████████████████████████████████████████████████████▄▀ ▀▄
  ▄▄▄▄▄▄▄▄      ▄▄▄        ▄▄▄  ▄▄▄           ▄▄▄  ▄▄▄▄▄▄▄▄▄       ▄▄▄
  ██████████▄   ███        ███  ████▄         ███  ███████████▄    ███
  ███     ▀███  ███        ███  ██████▄       ███  ███      ▀███   ███
  ███      ███  ███        ███  ███ ▀███▄     ███  ███
Pages: [1]
  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!