Carolinawiestput28 (OP)
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April 12, 2018, 11:42:39 AM |
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Big pump what happen ? What do you think dream ? or real.
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Kemarit
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April 12, 2018, 12:15:30 PM |
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Big pump what happen ? What do you think dream ? or real.
LOL. To be honest, I went out when the price is around $6800-$7000, and I was quite surprised to see the price at $7700. I'm still looking at to what news might trigger this. Obviously market cap jumps above $300 million. So someone really put a lot of money in the market. I guess some big entities (Soros or Rockefeller?) has finally decided to enter the ecosystem. But we shouldn't be celebrating because of this sudden U-turn as we all know that the trend is really daily traders taking profits whenever they got the chances. So let's see how it goes and maybe this is the break out that we are all been waiting for. Let's wait and see.
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batang_bitcoin
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April 12, 2018, 12:32:28 PM |
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Big pump what happen ? What do you think dream ? or real.
That was real quick. I was browsing on FB and suddenly someone posted about the chart at $7,550 but upon checking on preev it was exactly $8,000!!! But thanks to the day traders, it went $7,700 as of now.
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Rent this sig space so that BTC goes to $100k.
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followmenot
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April 12, 2018, 12:51:39 PM |
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Finally ties have turned I guess. It was very quickly corrected but anyways we finally see bullish type of action after very very long time. This is good news for many investors. I hope that summer will be lot more interesting.
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DaMut
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April 12, 2018, 01:19:42 PM |
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Nothing happened with it. A day ago or a few hours ago i saw 1.000.000 ASK on Bitcoin,because of that we could a dump. and right now Bitcoin price went up from $7000 to around $8000 in a hour. seems like Soros played his role at its finest on Bitcoin. not sure it's a good sign or a bad sign ? lets hope it's a good sign,so we can see a rally in upcoming weeks. but if it's not,i have no idea how far it will go.
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Lovecove
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April 12, 2018, 01:24:18 PM |
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it sounds hot, but then the FUDDers are covering the news as well :/ See this: http://markets.businessinsider.com/currencies/news/bitcoin-price-will-likely-never-hit-another-record-high-barclays-says-2018-4-1021287408You have Barclays, which is a credit card company and bank, saying that bitcoin will never ATH again... Sounds so dumb. They just want bitcoin to fail because they want fiat to rule. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstatic1.businessinsider.com%2Fimage%2F5ace631c146e712a008b45b6-875%2Fscreen-shot-2018-04-11-at-30808-pm.png&t=665&c=hmwa70GEf2bKgg) I mean just look at that dumb chart, LOL. And then they compared bitcoin's rise and fall to that of the influenza virus ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . These people are trolling professionally with tinfoil hats on because they can't say anything solid to undermine bitcoin, which is just budding and continuing to bud as more people adopt it.
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Visit now if you're interested in buying these domains: EtherMining.org, CryptoMovement.org, Bitcoiner.Co
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GoldenLad
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April 12, 2018, 01:45:31 PM |
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Tarders who thought this will be a perfect time to make money has made it bounce back to $7700. You guys shouldn't be too excited, even if you see $8k or $15k, this is not that perfect price we all are waiting for. We have seen those prices before, last year can testify to it. What we are hoping for is the price above $25k ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am personally glad the price is dipping again, I still need to stock up more coins for the better days.
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thecodebear
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April 12, 2018, 01:48:32 PM |
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Tarders who thought this will be a perfect time to make money has made it bounce back to $7700. You guys shouldn't be too excited, even if you see $8k or $15k, this is not that perfect price we all are waiting for. We have seen those prices before, last year can testify to it. What we are hoping for is the price above $25k ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am personally glad the price is dipping again, I still need to stock up more coins for the better days. You're hoping for $25k??? I'm looking for $100k personally. $25k is a stepping stone.
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Vispilio
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April 12, 2018, 01:54:51 PM |
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it sounds hot, but then the FUDDers are covering the news as well :/ See this: http://markets.businessinsider.com/currencies/news/bitcoin-price-will-likely-never-hit-another-record-high-barclays-says-2018-4-1021287408You have Barclays, which is a credit card company and bank, saying that bitcoin will never ATH again... Sounds so dumb. They just want bitcoin to fail because they want fiat to rule. I mean just look at that dumb chart, LOL. And then they compared bitcoin's rise and fall to that of the influenza virus ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . These people are trolling professionally with tinfoil hats on because they can't say anything solid to undermine bitcoin, which is just budding and continuing to bud as more people adopt it. a bank analyst is among the least equipped people in the world to make a prediction on anything financial. 99.9 % of all bank employees just parrot what their company policy instructs them to do, it's like a cult, and one of the worst forms of employment. It causes tremendous amount of alienation, and most of these thrall employees dream of finding better prospects in hedge funds and other independent firms, only to find out that they never acquired the competence or the skill set to survive in the world of finance in the first place during their bank employment. In almost all cases, doing the exact opposite of what a bank analyst suggests will make you financially very robust.
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BrewMaster
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April 12, 2018, 02:00:58 PM |
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So someone really put a lot of money in the market. I guess some big entities (Soros or Rockefeller?) has finally decided to enter the ecosystem.
i disagree. these big "entities" will never exactly put any money in the market. they do it off the market or if they are forced to use exchanges (which sounds a lot weirder than you may think) they do it in a way that nobody even notices their presence. But we shouldn't be celebrating because of this sudden U-turn as we all know that the trend is really daily traders taking profits whenever they got the chances.
what we shouldn't do is we shouldn't expect moon yet. but we should celebrate because it proves all the things we have been saying about bitcoin and the huge demand that it still has despite what the charts looked like so recently.
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There is a FOMO brewing...
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BillyBobZorton
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April 12, 2018, 02:05:17 PM |
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Man I saw this on the train when I was looking at the price tag on my phone, I thought there was an error or something... then I realized what happened: All the people that expected the price to go to $4k got short squeezed the fuck out badly. Basically all these short positions are over now, so the price skyrocketed. Let's see who is stupid enough to still continue attempting to short Bitcoin. Bad idea to try to can't tame this beast, just hodl.
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gabmen
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April 12, 2018, 02:27:17 PM |
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Finally ties have turned I guess. It was very quickly corrected but anyways we finally see bullish type of action after very very long time. This is good news for many investors. I hope that summer will be lot more interesting.
Well don't get your hopes up too high just yet dude. There would probably be a lot of people who've become tired of a red market and would sell off once they see this lol. I think btc is already below 8k now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) keep calm man
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1Referee
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April 12, 2018, 02:48:08 PM |
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I like how one single pump can make the people here go nuts like they won the jackpot. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's not that much of an achievement honestly. It will take a few days to know what's going on, and how long the market is willing to support these levels. Don't forget that while the price just peaked, there have been numerous 1000BTC dumps in the last weeks taking the price down again. It's not clear yet whether or not this is whale play, or a large party legit buying coins spontaneously. This however is a reality check for people doubting whether or not to enter the market. If they weren't exactly sure yet around $6800 levels, they now likely regret not having bought when they had the chance. People waste too much time on waiting for the price to go down because that allows them to enter the market a few percent cheaper, which isn't worth it at all. At the end of the day, you only know what you'll be missing once it's not there anymore. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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thecodebear
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April 12, 2018, 02:54:18 PM |
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I like how one single pump can make the people here go nuts like they won the jackpot. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It's not that much of an achievement honestly. It will take a few days to know what's going on, and how long the market is willing to support these levels. Don't forget that while the price just peaked, there have been numerous 1000BTC dumps in the last weeks taking the price down again. It's not clear yet whether or not this is whale play, or a large party legit buying coins spontaneously. This however is a reality check for people doubting whether or not to enter the market. If they weren't exactly sure yet around $6800 levels, they now likely regret not having bought when they had the chance. People waste too much time on waiting for the price to go down because that allows them to enter the market a few percent cheaper, which isn't worth it at all. At the end of the day, you only know what you'll be missing once it's not there anymore. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well I think the takeaway is that the momentum is shifting in the market. You look at the last couple of weeks and bitcoin has plateaued. It found the market bottom. It may still take a little bit for a true upswing to start forming, but at the very least I'd say that $1100 pump was the warning shot telling us all that the market is ready to start moving off of this 6000-7000 bottom.
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UnDerDoG81
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April 12, 2018, 02:57:03 PM |
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Lol if that was soros, it was not much. I guess somebody tried to trigger a bullrun. Why should i buy that much bitcoin in one hour instead of buying slowly for 6.7k ish each coin.
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STT
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April 12, 2018, 03:03:23 PM |
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Big pump what happen ? What do you think dream ? or real.
Its not a pump, its alot of short closing out and being found to be incorrect to be bearish. Overall the road is long and the fight goes on in the market between bears and bulls. The short term move takes a backseat to long term moves which now must confirm the break upwards. There is a trend going back many months around 7200 and that is the most likely place for strong buying I would guess. We dont have to go there but often Bitcoin moves in the most erratic way, touching both sides of the road if you will ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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harizen
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April 12, 2018, 03:03:42 PM |
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Big pump what happen ? What do you think dream ? or real.
Yes it's a dream lol. As a newbie, you must understand that this kind of pump is just a common movement that you may see in the market. If there's a big dump, there's also a big pump although I don't considered this a "big" following the amount of dip it were established since it was first started. Maybe a good sign of bull run but still no one knows how far it will go through so better be always ready and never erased the chances that there will always be a price decrease. I like how one single pump can make the people here go nuts like they won the jackpot. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Still way better compare to those people who saying crypto is dead because of the recent price decrease that happened. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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AK47-
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April 12, 2018, 03:05:51 PM |
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Don't fall this pump. Highly debatable price growth out of nowhere. No TA directed towards this as we were in a bear phase. Hence, this wasn't an organic price growth. The sudden altcoin growth followed by BTC pump to $8k in an hour sounds a lot fishy. This isn't how the market works. There need to be some news or indication towards the price growth. The pump of 17% in an hour is termed as artificial even in a shit coin. Thus, BTC going up by 17% in an hour is an obvious pump much likely to be followed by a dump soon.
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Palmerson
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April 12, 2018, 03:17:25 PM |
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Lol if that was soros, it was not much. I guess somebody tried to trigger a bullrun. Why should i buy that much bitcoin in one hour instead of buying slowly for 6.7k ish each coin.
You can not buy anything and wait for the price drop. But why do not you bought the coins for $ 6,700? I think you will not buy at any price. You just don't have the money. I expect a slight price correction, but in General, we are waiting for a stable increase in prices for all cryptocurrencies. Such sharp upward jumps will be the norm this year.
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Denker
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April 12, 2018, 04:08:07 PM |
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Big pump what happen ? What do you think dream ? or real.
Margin traders continuing their game. Shorts hunting longs and longs hunting shorts. And today we saw a massive short squeeze. When this happens you generally see the price pumping a bit. However I wouldn't overstate this move. We are still bearish. So nothing has changed so far.
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