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Author Topic: BTC is green today!  (Read 246 times)
Ahmya (OP)
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July 18, 2018, 05:53:24 AM
Last edit: July 18, 2018, 10:15:37 AM by Ahmya
 #1

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 7400 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?
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July 18, 2018, 06:01:47 AM
 #2

While most of the cryptocurrencies are much below their earlier highs but there are newer and newer predictions coming up for cryptocurrencies. One such expectation is that Bitcoin can ascend to as high as $ 50,000 in the date-book year 2018.
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July 18, 2018, 06:17:51 AM
 #3

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 9200 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?
$9200?
When did you write this post?
February?

As per my knowledge BTC did undergo a pump but price is just above $7400 at this moment. Price has been heavily manipulated by bots and whales and this growth isn't organic that it can hold tight. Another dump is waiting down the lane. But BTC is indeed making a recovery and is expected to go a bullish path with occasional correction periods.
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July 18, 2018, 06:19:32 AM
 #4

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 9200 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?
The price is at $7457 as of now in preev.com,so why you are saying the price is at $9200?

But it is good to see some continuous growth in the price of bitcoin,it almost reached 18% price growth in two days hope to increase further in the coming weeks.Lets soread positive news about crypto currencies to increase the rate of recovery speed.

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July 18, 2018, 07:41:46 AM
 #5

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 9200 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?
The price is at $7457 as of now in preev.com,so why you are saying the price is at $9200?

But it is good to see some continuous growth in the price of bitcoin,it almost reached 18% price growth in two days hope to increase further in the coming weeks.Lets soread positive news about crypto currencies to increase the rate of recovery speed.

He is probably just spamming, but at least if you are going to spam, how hard is it to look up the current bitcoin price.

Or maybe he is Canadian and is looking up the price in Canadian funds or Aussie funds.

I also don't agree with the 10 crashes in 15 months. There is a difference between a crash and a pullback. You are forgetting that it went from $1000 to $20000 in less than a year, a pullback was basically inevitable.


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July 18, 2018, 09:12:21 AM
 #6

No one knows but Capitalization of Bitcoin at the moment is extremely high.
Everyone knows that bitcoin has the highest market cap in the cryptoverse.
Bitcoin has undergone 10 crashes in 15 months and price is still $ 9200 as of now and getting more stable with increasing merchant adoption and technology development.
Can't count all of those crashes but bitcoin isn't $9,200. As of today it's $7,400 and I guess it's starting to have a small dump already.
A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow.
It will only collapse if everyone will sell during the high and there's no need to worry about it, we've seen it before not only this December-January (2017-2018).
What could be the reason for this sudden crypto market pumping?
Everyone's speculation is BlackRock.
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July 18, 2018, 10:03:08 AM
 #7

Great to see the market in green but not sure how long it will remain the same, the price is currently testing the resistance and an upside break could set off a longer-term rally.
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July 18, 2018, 11:04:00 AM
 #8

It was never sick, the market was either an upward trend or either in the downward trend, everything is so uncertain that you can't predict what will happen next.
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July 18, 2018, 11:18:36 AM
 #9

This is good news for every investors because yesterday unexpectedly it will going to big jump so many investors are celebrate this moment and some peoples are it will gradually move to forward on this month. But I thought this green market is not stable one so some hype will be possible.

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July 18, 2018, 12:02:42 PM
 #10

Great to see the market in green but not sure how long it will remain the same, the price is currently testing the resistance and an upside break could set off a longer-term rally.
Yeah, after the last fall, I thought it will go below $6k again but then we are here at $7500 now. It's great to see the market in green but of course this isn't continues run. Time will come, maybe next day, week, or month. Price will go down again but nothing to be afraid of because it's pretty normal since traders are taking profit of course.
Ahmya (OP)
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July 18, 2018, 12:16:14 PM
 #11

Great to see the market in green but not sure how long it will remain the same, the price is currently testing the resistance and an upside break could set off a longer-term rally.
Yeah, after the last fall, I thought it will go below $6k again but then we are here at $7500 now. It's great to see the market in green but of course this isn't continues run. Time will come, maybe next day, week, or month. Price will go down again but nothing to be afraid of because it's pretty normal since traders are taking profit of course.

That's right. The prices will keep on fluctuating. However, recent developments have blown that prediction out of the water, and optimists are hoping that Bitcoin will break through the $100,000 barrier within the next few months. In fact, some people, including CNBC’s Jim Cramer, are predicting that Bitcoin will go as far as shatter the million dollar threshold one day.
Ahmya (OP)
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July 18, 2018, 12:44:09 PM
 #12

This is good news for every investors because yesterday unexpectedly it will going to big jump so many investors are celebrate this moment and some peoples are it will gradually move to forward on this month. But I thought this green market is not stable one so some hype will be possible.

True mate! Bitcoin emerged in the financial marketplace seven years ago as an ideal alternative to the control and uncertainty of centralized economies. Daily transactions exceed 200,000. No wonder various people around the world make bitcoin investments as a hedge against the devaluation of their local currencies. August 1, 2017, witnessed a hard-fork that saw miners split over the ideals governing Bitcoin and as such, a spin-off that resulted was Bitcoin Cash. At that time, the question on many people's mind was whether this altcoin was ideal for the market. They also speculated whether or not it would be able to compete and sustain itself through the volatile crypto environment.
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July 18, 2018, 01:13:40 PM
 #13

No one knows but Capitalization of Bitcoin at the moment is extremely high. Bitcoin has undergone 10 crashes in 15 months and price is still $ 9200 as of now and getting more stable with increasing merchant adoption and technology development. A bubble can inflate even more, but in any case, rather, it will collapse in price than it will grow. What could be the reason for this sudden crypto market pumping?
The price is at $7457 as of now in preev.com,so why you are saying the price is at $9200?

But it is good to see some continuous growth in the price of bitcoin,it almost reached 18% price growth in two days hope to increase further in the coming weeks.Lets soread positive news about crypto currencies to increase the rate of recovery speed.

Hopefully these signs will continue to have progress, since bull run was expected in the next months to go. That's good for the spreading news to be positively gaining good feedback from people who've been interested for the current changes that bitcoin has been showing to us. The crypto markets potential increasing value will also be affected with this great opportunity for bitcoin's faster price development. It will also bring sudden changes on altcoins to gain much bigger value on their price in the current exchange value.
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July 18, 2018, 01:21:22 PM
 #14

Yeah
The turn is kinda a huge turn as it just reverse the bearish trend. (Although not a full turn of bearish to bullish, but it breaks and show confidence of bulls pulling back)

I would say the green bar today are likely related because of the recent news
-SBI Group launched their crypto exchange (World first bank launched Crypto Exchange)
-Blackrock investigating into crypto, but their CEO mention they show 0 interest on investing into it
-Goldman Sach appointed new CEO, and this guy is kinda keen and showing interest in Bitcoin
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July 18, 2018, 01:27:00 PM
 #15

A $1200 increase in a day is absolutely something to be amazed. I don't even expect bitcoin to be in such a state given the weeks of massive pressure from the bears, and just on Monday we saw yet another sluggish day as bitcoin walks back @ $6100 which got me into thinking that the bears will test sub-$6k again. This, I think, is a much needed boost which will absolutely regain the confidence of traders and try to make a push. All recent news sprouting are somewhat positive and coinciding with bitcoin prices turn of events. I just hope that it can maintain the said strength it has right now to take us to higher highs and consolidate at that.
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July 18, 2018, 01:39:45 PM
 #16

A $1200 increase in a day is absolutely something to be amazed. I don't even expect bitcoin to be in such a state given the weeks of massive pressure from the bears, and just on Monday we saw yet another sluggish day as bitcoin walks back @ $6100 which got me into thinking that the bears will test sub-$6k again. This, I think, is a much needed boost which will absolutely regain the confidence of traders and try to make a push. All recent news sprouting are somewhat positive and coinciding with bitcoin prices turn of events. I just hope that it can maintain the said strength it has right now to take us to higher highs and consolidate at that.
This has happened to bitcoin market before, just an hour the bitcoin price went up to $1000. That's right, bitcoin market always makes us confused, pump a sudden, then go back down. If bitcoin markets only rely on information in every price increase, maybe today bitcoin will have a high price. Every day I always see nice things coming to bitcoin and cryptocurrency but that does not make the price change and get out of the bearish market.
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July 18, 2018, 02:05:11 PM
 #17

What could be the reason for this sudden crypto market pumping?
Kinda hard to explain what's behind these massive spikes in the price. Maybe info about the possible approval of the ETF was leaked (not to the general public, obviously) which is why the bulls have started making their moves (?). Either that or the whales are simply trying to trigger a new wave of FOMO. All in all, it seems like market sentiment is changing (bearish to bullish) which is great.

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July 18, 2018, 02:27:01 PM
 #18

Bitcoin is back again. Bitcoin increases in value and became $7k plus this day. The sudden increase of bitcoin is like saying im done resting. Now bitcoin stops dropping and it is ready now to run as far as it can.


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July 18, 2018, 02:34:34 PM
 #19

It is really green alright! And by the following increase in the price there might be a sudden pull back again but this is a good signal for people thinking that it will continue in just crashing down, And I don't see any potential of Bull Run for now it is still too early to say that the price is green because we are now in the Bull market, It might become another dead cat bounce for speculators buying in order to cover their positions.
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July 18, 2018, 02:42:49 PM
 #20

It is really green alright! And by the following increase in the price there might be a sudden pull back again but this is a good signal for people thinking that it will continue in just crashing down, And I don't see any potential of Bull Run for now it is still too early to say that the price is green because we are now in the Bull market, It might become another dead cat bounce for speculators buying in order to cover their positions.

I mean to me it's looking like that, at least for now, the bear market has ended. I think this bear cycle was going to be like the 2014 bear market but this one would be much quicker. I think in the coming days we will soar past $8k and maybe get back up to $10k... If this happens, then $25k at the end of this year is going to seem much more likely.
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