Bitcoin Forum
June 18, 2018, 05:46:58 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: bitcoin price spike due to us dollar falling against asian currency?  (Read 813 times)
critical
Full Member
***
Offline Offline

Activity: 162
Merit: 100


View Profile
October 28, 2011, 12:24:05 PM
 #1

bitcoin price spike due to us dollar falling against asian currency?

as us dollar has been falling this few days, thus the price of bitcoin has increased, i suspect

1529344018
Hero Member
*
Offline Offline

Posts: 1529344018

View Profile Personal Message (Offline)

Ignore
1529344018
Reply with quote  #2

1529344018
Report to moderator
1529344018
Hero Member
*
Offline Offline

Posts: 1529344018

View Profile Personal Message (Offline)

Ignore
1529344018
Reply with quote  #2

1529344018
Report to moderator
Automated Bitcoin Fork Extraction Tool WE DO TOUGH WALLETS: BCH | BTG | BCD | SBTC | UBTC | B2X | BCX | BTF Electrum 2FA, Trezor, Ledger, SegWit, Bech32
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529344018
Hero Member
*
Offline Offline

Posts: 1529344018

View Profile Personal Message (Offline)

Ignore
1529344018
Reply with quote  #2

1529344018
Report to moderator
1529344018
Hero Member
*
Offline Offline

Posts: 1529344018

View Profile Personal Message (Offline)

Ignore
1529344018
Reply with quote  #2

1529344018
Report to moderator
zby
Legendary
*
Offline Offline

Activity: 1584
Merit: 1000


View Profile
October 28, 2011, 12:27:06 PM
 #2

It's just retracting the 70% of the jump down - just like in all previous cases:
dancupid
Hero Member
*****
Offline Offline

Activity: 956
Merit: 1000



View Profile
October 28, 2011, 12:31:29 PM
 #3

bitcoin price spike due to us dollar falling against asian currency?

as us dollar has been falling this few days, thus the price of bitcoin has increased, i suspect



Yeah but bitcoin has increased over 50%, which is far above these changes. Bitcoin has broken the long term downward trend (depending how you draw the trend lines) , which has given people confidence again.
BTCurious
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500


^SEM img of Si wafer edge, scanned 2012-3-12.


View Profile
October 28, 2011, 12:53:11 PM
 #4

For more info on this, see https://bitcointalk.org/index.php?topic=49264.20
Specifically page 2 and onwards, I have drawn the trendlines in a variety of ways, and explained what they indicate.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!