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Author Topic: What causes the sudden surge of market?  (Read 269 times)
LimLims
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April 11, 2019, 04:03:52 PM
 #21

See dude first you need to know about the thing that what is pump and dump.
Secondly you need to make sure that you understand all the factors that led to the rise of a particular coin.
A coin's price rises when more investors invest in it. I mean when the trade volume is more or in other words when the coin is most purchased by many traders.
This make the supply of the coin less as per the demand and this make to the rise of the price of that coin.
So these are the factors that causes the sudden surge of market.

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April 11, 2019, 04:54:54 PM
 #22

Even now, the crypto exchange rates can be influenced by rumors and assumptions. On top of that, many of the traders are quite young (in their 20s and 30s), and they don't shy away from taking risky moves.

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April 11, 2019, 10:20:50 PM
 #23

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
unexpected things are always happen to the Crypto field it is common in this Crypto market but we have to wait for sometime to pick the next thing about the Crypto development and we need to make this opportunity more useful than only the success is always come everyone to make their life properly.

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April 11, 2019, 11:09:35 PM
 #24

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
the sudden changes are always happened to cryptocurrency is normal but it needed to be more positive then only the profit are always being standard here but in recent times there is no big development and happened but from the starting of this month we will see a few changes in this market if it is continuous we will be success at the end in this year.
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April 11, 2019, 11:17:06 PM
 #25

We are in cryptoworld that everything is unpredictable just always remember the pump and dump situation meaning every momentum can be change. Just take a look at the price of bitcoin its suddenly dump after a huge increased happen in tha past few days.
No need to worried after all you need tobe positive all the time.

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April 12, 2019, 01:23:21 AM
 #26

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
unexpected things are always happen to the Crypto field it is common in this Crypto market but we have to wait for sometime to pick the next thing about the Crypto development and we need to make this opportunity more useful than only the success is always come everyone to make their life properly.
I agree, theres a huge possibility that there is a huge whale who purchase a lot of bitcoin that could have triggered the sudden surge. At least theres a reason for us traders to be happy for the mean time.
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April 12, 2019, 01:37:50 AM
 #27

Nobody knows the actual reason of this sudden pump of the market, so there are many conspiracy theories have cooked up, but i believe some sort of manipulation has happened for sure.

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April 12, 2019, 01:53:10 AM
 #28

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
unexpected things are always happen to the Crypto field it is common in this Crypto market but we have to wait for sometime to pick the next thing about the Crypto development and we need to make this opportunity more useful than only the success is always come everyone to make their life properly.
I agree, theres a huge possibility that there is a huge whale who purchase a lot of bitcoin that could have triggered the sudden surge. At least theres a reason for us traders to be happy for the mean time.
I hope this is not only for the mean time, if we think like that we are expecting that bitcoin will dump again.
I will remain optimistic, I will have to stand on what I believe and I believe that this is the beginning of bull run if it's not yet.
We might have different judgement but we will know going forward on what will be the next price movement.

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April 12, 2019, 03:50:24 AM
 #29

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?

we are in the crypto world and for the years that we have had since the existence of bitcoin a lesson we have to learn: one should never rely on the analyses and opinions of these analysts and the news channels. Today the price fell below  $5000, it will not take long for all news channels to talk about this price fall and make their assumptions about the reasons for this price decrease

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April 12, 2019, 06:12:53 AM
 #30

The only place where I have seen related news is this forum and we are still yet to confirm the genuineness of the news, though I learnt that Russia bought about $1.8 million dollars worth of coin for themselves due to some crisis that they will soon experience because the American economy too is about into recession.

This is the time were a lot of countries will begin to go into recession thereby causing inflation in the country and all this countries will begin to look for alternative to grow their country again, and bitcoin will be the only hope they would have to do that, we have started seeing it already.
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April 12, 2019, 06:21:03 AM
 #31

Nobody knows the actual reason of this sudden pump of the market, so there are many conspiracy theories have cooked up, but i believe some sort of manipulation has happened for sure.

Yes, nobody knows about that. I think we don't need to know the reason because as long as we could make more profit, then it is better to enjoy the price and take as much profit as we can. There are too many speculations around the market, and we are read much news in out there that saying bitcoin surge because of this and that. But that still speculation from the people and I don't think that they know the truth.

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April 12, 2019, 07:51:54 AM
 #32

Even now, the crypto exchange rates can be influenced by rumors and assumptions. On top of that, many of the traders are quite young (in their 20s and 30s), and they don't shy away from taking risky moves.
hence the number of new traders who take big risks that make the market quickly experience a surge. because with the large number of people who adopted it big it could make the market soar

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April 12, 2019, 04:05:00 PM
 #33

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
This can be like a pump price and there is a possibility of a dump. But seeing the enthusiasm of the crypto users, I am very sure that this can be maintained, now we are starting a new level and such restrictions are quite difficult to influence. yes, although everything can happen, but this situation is worth taking as much as possible.
Can a good turning point to attract more investors and traders, the current momentum are also gaining attentions so new interested people will
come along and start understanding this system and possibly to invest their money, there's no assurance but if this momentum will be maintained
it will be a good starting point for many newbies to invest in.

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April 12, 2019, 06:10:49 PM
 #34

If we are out here trying to figure out what made it go up than we are going to miss out what made it go down as well. That is the real question, what makes it go down, we know that buying is making it go up and we know why people buy, because they want to make profits or because they want to own bitcoins and all that, people do not want to miss out on bitcoin and other coins because they think that is the best investment they can make.

Moreover, what makes them sell ? What makes them give up on that? Price drop is a good reason because they feel like it wasn't a good decision and they lost money and they leave however what made it go down at the first place? What makes people sell at 20 thousand dollars, why not at 15, why not at 25 ? I mean we could totally keep going if they don't, what makes them sell it? If we find that out, than we are going to be fine.
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April 12, 2019, 06:39:42 PM
 #35

Any solid facts to justify the sudden pump of market these days? Looks very unnatural with no signs of catalyst whatsoever. News said 20,000 bitcoins are ordered but around 100m to trigger a 40billion bullrun? That's really fishy considering they can profit way more than their buys, what are your insights on this? Organized whales or institutions strategy?
I am not sure that figure 20,000 BTC quoted is accurate, because it’s nothing compared to the growth the market witness in its market cap recently, in which bitcoin contributes at least 70% to the marketcap.

I still can’t really spot out the main factor contributing to this growth and from which angle the growth is coming from, the institutions we know will be adopting the use of crypto currency are still yet to adopt it, which we would have said it’s the main factors and there is not form of very great news that would have triggered people’s FOMO to pump so much money into the marketcap, we just have to cross and fingers with care while we watch as events unfolds.
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April 12, 2019, 06:48:43 PM
 #36

I have also heard the rumor of someone buying a significant amount of bitcoins, but this news alone does not seem to have the capacity to move the entire market so significantly, although there is no doubt that the mere strength of the rumor has an important impact on the psychology of the market, which has long shown how sensitive is to this type of rumors.

In my opinion the Bitcoin was unjustifiably undervalued, and the movement we have seen these days is nothing more than a market adjustment towards more real prices, which could involve another long season around $5,000 before the next major move.

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April 12, 2019, 06:50:28 PM
 #37

It definitely need to move in some direction so if it is possible to we have to make their confident about the next year and I think it will going on the positive way and it will be a good address and sign for every investors to get ready for getting the profit.

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April 12, 2019, 07:02:23 PM
 #38

I have read some threads too since the price increase and I have not seem to see someone giving precise reason for the move. I take it like volatility is part of bitcoin. If the whales made a huge order, I'm sure by now, price should have dropped because it is not a teal price move.
Even if they made BIG order, it may not have likely affected the price to decrease, because the other they probably made would be for future purpose and if they have to take any, it would be little by little, the whales too are after the ATH like that of last year and not these little price increase.

Plus, talking of whales, we still need lots of whales to be able to move the market from where it is now to that of 2017, but I believe the market can really do fine without their contribution, we need honest investors and lots of institutions, by the time institutions falls into the system, all these whales may become very irrelevant a bit.
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April 12, 2019, 07:08:45 PM
 #39

Factors for the growth of the market is actually enough to throw them into the Internet parties and the price begins to move in the right direction.
In addition, everything is tied to technical analysis and build charts, for example, if the price approaches the boundaries of some figure or support level - wait for news and breakout of the trend line.
But mostly the price is manipulated by large investors and chaos, so be careful and put your feet

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April 12, 2019, 07:46:10 PM
 #40

Lots of confusing news that talks about this and they have their own opinions. I myself feel confused about the truth, though I feel quite calm and happy with this price surge.

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