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akirasendo17 (OP)
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June 30, 2018, 04:50:41 AM |
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Hello everyone, im sure we are happy with the latest happening today
suddenly a surge on crypto going up just makes us smile all day
are we seeing the rebound or its just temporary, my view is 50/50
im not pretty sure what happen, because what i heard is all but negative
but sudden upward trend happen last night when i thought im going to lose
a lot it just came up and makes me regret for not buying other coins
what are your views are we seeing this trend for a month or this is just
a pump? feel free to share your views lets help each other
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mariayaz
Jr. Member
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Activity: 294
Merit: 3
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June 30, 2018, 04:52:25 AM |
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Looks like another normal fluctuated day we have been witnessing since couple of months. You cant predict if it will long last just because its pumping today.
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StarKay
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Activity: 756
Merit: 16
We All Can Make It
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June 30, 2018, 05:12:22 AM |
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To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
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iamsediii
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Activity: 98
Merit: 10
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June 30, 2018, 05:13:53 AM Merited by joelsamuya (2) |
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If you are a trader. Its not a pump. It's squeezing falling wedge and double bottom at 5700. This bounce is expected (not reversal). You get my point if you are a trader.
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Tone147
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Activity: 221
Merit: 10
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June 30, 2018, 05:20:38 AM |
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I think it's still going down.
Because there's no new money coming into the market, that's the most important thing.
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Suharjo
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June 30, 2018, 05:26:35 AM |
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I think this is good news for the crypto community. because actually no one can predict with certainty whether the market conditions will last long or only briefly. but this is a great opportunity to sell the coins you've been holding.
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Pearls Before Swine
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June 30, 2018, 05:27:42 AM |
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To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
How would you define a "pump" then, other than a huge increase in price? That's what's happened today, and I don't think there has been any news that would account for it. Not that I'm complaining, because I'm not. I'm happy to see bitcoin at $6300 and moving up. But I think this is just speculators getting back into the market after taking their profits off the table, which is normal behavior in any market. It remains to be seen whether this is "natural growth" as you say. |
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matchi2011
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Activity: 1456
Merit: 267
Buy $BGL before it's too late!
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June 30, 2018, 05:28:11 AM |
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To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
If we observed the movement, then we will understand that it is not a pump but a natural reactions when dumped happen, more newbies and believers bought those cheap coins and take the advantage, knowing that it is a good chance to have small gains, better to be well prepared when that so called dumped again followed and repeat the scenario. |
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fransxavariustintin
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Activity: 140
Merit: 0
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June 30, 2018, 05:30:26 AM |
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I also do not see this as a pump, I see this temporary spike due to the positive reviews and good response from investors, so the value of altcoin becomes strong, although only briefly is a very positive thing for some people.
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Hui8
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June 30, 2018, 05:32:57 AM |
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I guess we better keep our bulls in the control! This could be just another sloppy pump with someone pouring lot of money, I guess a whale for sure. This kind of up surge is been there lot of times so I am not that excited about it as you might be. We should wait for the data, need to see how much upward trend it follows? A bull market sign will appear if the spikes are above 15-20% slot. This is because a bull is always recognised with that much spike. So this could be just another good weekend, a time to grab little % profits and reinvest what we have earned back into the bitcoin or preferred coin.  |
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Sebas.tian
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June 30, 2018, 05:35:04 AM |
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My guess is that it is just a temporary spike in the market. There's some news that $100M worth of tethers were printed; this might be the effect of that. I been in this space for too long but I know that no one can predict the market and only the news can sway the market.
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vastmast
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Merit: 100
ARIZN - Tokenised Crowdfunding Platform
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June 30, 2018, 05:36:40 AM |
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I think so its not just a little pump. We are in good weekend  all crypto moneys will raise, we see green days and maybe this time bitcoin can reach 7000 dollars I hope we see more green days! |
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skorupi17
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June 30, 2018, 05:44:17 AM |
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Theoretically, the current surge is both just a pump and also a good weekend. I believe that this is just a pump since nothing solid supports this surge. Without a solid foundation and support could latter cause a collapse in the price. Although this is just a pump, this is a good opportunity for day traders to gain so much. Thus I consider this as a good weekend also.
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Qegarma
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June 30, 2018, 05:48:50 AM |
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Finally some green action. I hope that this is not just a pump and we stay above the 6200 - 6300$ level for BTC. If that is the case, we probably will see more green starting from monday.
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Trollinator
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Activity: 238
Merit: 15
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June 30, 2018, 05:55:42 AM |
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Too early to say if we are out of the woods yet; however, good to see some green this weekend. July will be the month where we will be able to gauge if this will be an extended bear market or not.
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akirasendo17 (OP)
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June 30, 2018, 05:59:08 AM |
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there are some news that bitcoin developers meetup and there are some speculations
about bitcoincash , although its just news or rumors roaming around, they need
to have a good outcome regarding the lightning networks, which i hear like a year a go
but still 1% chance of success i dont know , when it will be implement
but that will be a great boost
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tng811
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June 30, 2018, 06:00:25 AM |
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Too early to say if we are out of the woods yet; however, good to see some green this weekend. July will be the month where we will be able to gauge if this will be an extended bear market or not.
I think so. If it can go back to 8k, then the trend is confirmed. Otherwise, I will stay sceptical about this trend. It may be just a bull trap. |
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wantjokull
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June 30, 2018, 06:02:45 AM |
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It seems to me just another temporary pump. But I expect that it should be going up for very long so that we can finally break the current bearish trend. Current market is flooded with the negativity and FUD news all over. This needs to be changed immediately so that this little up surge can be maintained for pretty long enough to achieve the bull run. I am expecting this pump is all because of positive news flying around in some country and is yet to reach to us. Once it does get hyped a lot then we might just see another pump coming along the way as more and more people stat pouring money into it. |
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krassy
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June 30, 2018, 06:03:29 AM |
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A slight increase in the market is a temporary phenomenon, in my opinion the situation is very similar to the events of 2008 with the fall of the real estate market, just someone really wants to save their money and this requires large investments, the bubble begins to deflate and it is necessary to support it.
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konohlo
Member
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Merit: 13
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June 30, 2018, 06:03:44 AM |
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I think with the rise of coin prices that rise can be a new hope for investment that we do. indeed no one can predict exactly what is going on in the crypto market, whether it will last long or only briefly. but this could be a good opportunity to sell the stolen coins on the stock market.
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