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Author Topic: A crazy day! Who can explain?  (Read 753 times)
Herbert2020
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December 17, 2017, 07:39:44 AM
 #21

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

if you ever had time, go check the bitcoin charts. on there you can visibly see that a rise like this which is only a 10% rise is the most common thing in bitcoin world. it has always been like this:
-  price goes up fast and big sometimes 10% per day some times more
- then it reaches the end of the rally where price is a lot higher than when it started at
- it stops and has a little drop, maybe a tiny rise afterwards
- then the  correction starts, where price comes down about 10% and sometimes if the rally was big it can drop more like 30% tops
- and then a tiny recovery where price gains back a portion of what it lost
- consolidation where price becomes nearly stable. this can take a day or two or up to a month with bitcoin
- then rise again and the same thing repeats.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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December 17, 2017, 08:03:18 AM
 #22

Well it's a crazy too to some alts skyrocketed high like bitcoin just like DigiBytes (DGB) it went out to almost a 120% increase in just 4 hours in this day. I don't know how could it last long for it's hype bit I guess it would be over. What I am waiting this time is LTC, DASH, XRP, XMR and ETH to light up on its price. If ever Bitcoin slow down its surge then altcoins will be in the run too, so don't miss this rally and buy some dip right now.

Your prediction is right, ltc, dash, xrp, xmr and eth all going up with good profit.
They follow the crazy move from bitcoin. Bitcoin crazy because the bitcoiners make crazy decision too to buy bitcoin in high price.
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December 17, 2017, 08:36:24 AM
 #23

Well it's a crazy too to some alts skyrocketed high like bitcoin just like DigiBytes (DGB) it went out to almost a 120% increase in just 4 hours in this day. I don't know how could it last long for it's hype bit I guess it would be over. What I am waiting this time is LTC, DASH, XRP, XMR and ETH to light up on its price. If ever Bitcoin slow down its surge then altcoins will be in the run too, so don't miss this rally and buy some dip right now.

Your prediction is right, ltc, dash, xrp, xmr and eth all going up with good profit.
They follow the crazy move from bitcoin. Bitcoin crazy because the bitcoiners make crazy decision too to buy bitcoin in high price.

No one is crazy here to buy bitcoins at high price. We are buying it at this price because we all believe that bitcoin will reach more high in the future and it will make new records. Every other day bitcoin climbs by 100 to 200$ and this is all happening because people are crazy about bitcoins and they want to collect it as much as they can.
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December 17, 2017, 09:35:57 AM
 #24

As a result of CME and CBOE entering bitcoin market by launching bitcoin futures,lots of institutional investors have started to invest in bitcoin which has increased its demand.Already with CBOE listing bitcoin futures,bitcoin price increased and now with CME listing bitcoin futures on 18th,most of the investors predict bitcoin price to increase more and they just don't want to miss the opportunity.So,bitcoin price increased dramatically and it would increase more until tomorrow.
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December 17, 2017, 10:24:30 AM
 #25

I hope that will be sort of correction. At least 2-3k Usd back. Incredible growth, and big problem for altcoins IMXO
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December 17, 2017, 10:37:03 AM
 #26

Well it's a crazy too to some alts skyrocketed high like bitcoin just like DigiBytes (DGB) it went out to almost a 120% increase in just 4 hours in this day. I don't know how could it last long for it's hype bit I guess it would be over. What I am waiting this time is LTC, DASH, XRP, XMR and ETH to light up on its price. If ever Bitcoin slow down its surge then altcoins will be in the run too, so don't miss this rally and buy some dip right now.

Your prediction is right, ltc, dash, xrp, xmr and eth all going up with good profit.
They follow the crazy move from bitcoin. Bitcoin crazy because the bitcoiners make crazy decision too to buy bitcoin in high price.

No one is crazy here to buy bitcoins at high price. We are buying it at this price because we all believe that bitcoin will reach more high in the future and it will make new records. Every other day bitcoin climbs by 100 to 200$ and this is all happening because people are crazy about bitcoins and they want to collect it as much as they can.

Absolutely, people buy bitcoins nowadays due to the hype craze going on and the pump moving so fast which can lead us to earn some profits if we buy even at this current rate. And the pumping will continue since there so many upcoming good news come with bitcoins wich can bring more hype and demands, And people really crazy thinking on how they can grab some and I truly sure that the attention are now centered with the bits.

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Tamilson
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December 17, 2017, 01:51:00 PM
 #27

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

Yeah the reason is that CME is listing bitcoin futures today? Markets are highly volatile and this is not the first time that the price has increased more than 2000$ in a day. Get used to it, people are starting to get familiar with bitcoin and hence that should clearly explain everything. Economically I don't know exactly how is it going to work out but let's just go with the flow right now and not worry much.

The CME somehow affect the price today as many anticipated its opening for the future of bitcoin and with this coming days we shouldn't be surprise if we reach new ATH again.
While many thinks that this will be just another bubble and soon to burst out any time and they're like panicking again and spreading some fuds so they can make fuzz in the community.

Happy Coding Life Smiley
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December 17, 2017, 02:06:40 PM
 #28

I think all of Bitcoin's current price movements are crazy, we can see that price movements that happen every time are beyond expectations. Unexpected and very rapidly changing price movements become commonplace. Bitcoin has changed the economic system becomes more difficult to predict, but for anyone who can use it well then it will make a lot of money,
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December 17, 2017, 02:34:36 PM
 #29

I don't think there is any work of wall street involved in this. The people would have sold the Altcoins now as the major Altcoins which were rising recently have all gone down in price which means that the people are selling out and buying BTC since the price is going up. The money flow is outwards from altcoins and inwards in BTC. There might be a little correction in Bitcoin's price after it crosses $20k as many traders are waiting for this target to be achieved. So it might be a selling point for some traders. Obviously the wise ones will hold as the probability for further rising is more.

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December 17, 2017, 02:40:08 PM
 #30

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

I think because now many people are using bitcoin and many people start to buy bitcoin because they see the fast growth of the value that is demand are rising and the value are continue rising. I think also now traders do some cash to bitcoin trading due to quick fluctuates of bitcoin value they took advantage of that to make money.

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December 17, 2017, 03:18:29 PM
 #31

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?


Tomorrow will be the next record at the price of BTC or the BTC will jump down!


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December 17, 2017, 03:27:07 PM
 #32

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?


I think it is just normal price movement in bitcoin,the price always swing a lot.I don't think price correction will occurs now because already bitcoin price dipped while at $16K,so I think the price will continue to rise in the coming days also.

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December 17, 2017, 04:35:04 PM
 #33

Its more crazy if you see dent token it goes up 10x in one day..nothing is creziest then cryptoworld. Its start to become mainstream and we will see it at another alt. Bitcore is my best portofolio.
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December 18, 2017, 12:44:34 AM
 #34

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

crazy day the best most crazy day ever this is really fun starts of good turns to great events after events gets wilder and sometimes you can even fall asleep while the most effective way of regaining menta clarity is simply by getting away from our stressful daily lives for a quick physical break sometimes we cant afford crazy day is a day for people to act crazy the idea of a day is for people to have fun and be a little unhinged while breaking away.
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December 18, 2017, 12:48:59 AM
 #35

It´s pretty standard if you see the charts of bitcoins. There are big ups and downswings, but luckily are more common the ups and this is the reason of the current value of bitcoin.

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December 18, 2017, 01:31:02 AM
 #36

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?


Well if you check the previous days of Bitcoin charts this is now common.

Wall street possibly because getting listed is one of the big  catalyst that we reach the price today.

For the correction, Yes I believe that there will be a major correction that will happen in the future, I am not hoping for a crash but a little price pullback will be nice.
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December 18, 2017, 03:02:20 AM
 #37

The sudden rise in the bitcoin price is caused by many new investors who are coming into it, and some holders of bitcoin who are trying to make it look like bitcoin is scarce. The correction has been made and now, it is gradually increasing aging.
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December 18, 2017, 03:47:35 AM
 #38

You have to look at the percentage, not at the USD value. It's only like 3,4% increase in the price...so. MEH... Measily 3,4 %
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December 18, 2017, 12:03:35 PM
 #39

I heard lots of fork coins would come later, so i guess more and more people are buying BTC for fork coins.
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December 19, 2017, 06:00:34 PM
 #40

actually it's still low than before that can touch 20% in one day, this is crazy but that's the fact some people get rich hence, i also do not know why it can happen but i do not care as long as its price keeps going up, it gives a positive impression to me .ha ha ha ha
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