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Author Topic: What caused the run up to $19k and why the next run will be just as quick  (Read 146 times)
JRMtrader (OP)
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June 17, 2018, 05:42:14 PM
 #1

A new Cryptocurrency Market podcast that focuses on the latest news surrounding the market. Talking about what caused the run up to $19k and why the next run will be just as quick. Also, discuss the futures market and how that plays into adoption and price.

https://soundcloud.com/buy-or-sell-what-the-hell/bitcoin-futures-manipulation-and-binance-coin might seem a bit boring but you won't find much more level-headed talk about the current state of the market and Bitcoin's place in it.

Is there interest in a no bullshit trading and investing focused podcast?
ajochems
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June 17, 2018, 06:05:35 PM
 #2

A new Cryptocurrency Market podcast that focuses on the latest news surrounding the market. Talking about what caused the run up to $19k and why the next run will be just as quick. Also, discuss the futures market and how that plays into adoption and price.

https://soundcloud.com/buy-or-sell-what-the-hell/bitcoin-futures-manipulation-and-binance-coin might seem a bit boring but you won't find much more level-headed talk about the current state of the market and Bitcoin's place in it.

Is there interest in a no bullshit trading and investing focused podcast?

The thing which made the run up to $19k is increased in investors.When the price of certain asset is increased,the investors on that asset will automatically increase.This is happened in last year .The demand of bitcoin is increased very huge and the price increased automatically.



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Fatunad
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June 17, 2018, 06:10:48 PM
 #3

A new Cryptocurrency Market podcast that focuses on the latest news surrounding the market. Talking about what caused the run up to $19k and why the next run will be just as quick. Also, discuss the futures market and how that plays into adoption and price.

https://soundcloud.com/buy-or-sell-what-the-hell/bitcoin-futures-manipulation-and-binance-coin might seem a bit boring but you won't find much more level-headed talk about the current state of the market and Bitcoin's place in it.

Is there interest in a no bullshit trading and investing focused podcast?
You cant expect any other words for this one which you would normally heard of about that bullshit trading and any fundamentals because this is usually the basis why prices do moves that way. Manipulation or not the thing for sure why we do rise up on those days is on where demand is rising normal for price to rush it up but the question would still remain if it would happen once again or not on this year. No one knows but on my own view its hard to believe that we would hit up that historic moment to happen once again.
aoluain
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June 17, 2018, 07:33:27 PM
 #4

FOMO was a factor in the run ul to $19k, there was an expectation that bitcoin
would keep going and so a lot of newcomers took a chance and bought into
the hype. I know of a few college goers who bought into it around October
which was not a good time if you were getting in to ride the train unless you
sold in December.

Of course it all happen again but it might not be for another 2 years.

R


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NeverSop
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June 17, 2018, 08:14:13 PM
 #5

FOMO was a factor in the run ul to $19k, there was an expectation that bitcoin
would keep going and so a lot of newcomers took a chance and bought into
the hype. I know of a few college goers who bought into it around October
which was not a good time if you were getting in to ride the train unless you
sold in December.

Of course it all happen again but it might not be for another 2 years.
I think the $ 19k Bitcoin is just a matter of time, and I believe it is possible for this to happen in 2018. Blockchain technology is truly a revolution in the field of management technology and Bitcoin is the most paid coin in the market. I am very optimistic about the future of Bitcoin and the cryptocurrency market.

ummart66
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June 17, 2018, 08:34:51 PM
 #6

I think everyone kind of has an idea of what caused the run-up in literally every price. Google searches for "how to buy bitcoin" hit an all time high around that time, it was all over news. Tons of people heard about how people got rich by investing $100 years ago.

It's really hard to believe anyone claiming that the next run-up will be just as quick, especially when you've held through since December. There's so much FUD and news stations are now covering the various hacks, scams, etc. With futures too there's very little incentive to actually accumulate bitcoin, people make much more money buying and selling. It's definitely feeling like we're due for a nice run-up, but I am not convinced it will be the same as December.

totholio
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June 17, 2018, 08:43:57 PM
 #7

Yes there was some crazy manipulation for sure http://www.businessinsider.com/bitcoin-price-june-13-university-of-texas-paper-alleges-bitfinex-tether-manipulation-2018-6 but I'm not worried for the long term.
Marahunter
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June 17, 2018, 09:05:22 PM
 #8

EVen though Bitcoin price is not skyrocketing now, I think a lot of progress has been made this year. That alone is sufficient but understated reason for amazing performance later this year
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