Bitcoin Forum
May 04, 2024, 07:34:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 »  All
  Print  
Author Topic: Bitcoin Price Breaks $10K Barrier – Where is all the Pump Coming From?  (Read 571 times)
xSkylarx
Hero Member
*****
Offline Offline

Activity: 2352
Merit: 593


View Profile WWW
June 22, 2019, 12:40:22 PM
 #21

I remember when at the peak of the bitcoin price in 2017, many began to buy it,hoping that it will cost even more,but what happened happened.Now I see the same situation.When bitcoin cost 4 000 no one thought about buying it.Now everyone is ready to buy it for $ 10,000.That's absurd.Personally, I recorded a profit and now I'm waiting for an even greater rise in price.I haven't thought about additional purchase yet.

I think people are fomoing on facebook coin. It is really unexpected to even hit $11k now. Usually on weekends traders take their profit and no pumps like this happens. Bitcoin's price is really volatile. No expert can guess where it will go.
1714851267
Hero Member
*
Offline Offline

Posts: 1714851267

View Profile Personal Message (Offline)

Ignore
1714851267
Reply with quote  #2

1714851267
Report to moderator
1714851267
Hero Member
*
Offline Offline

Posts: 1714851267

View Profile Personal Message (Offline)

Ignore
1714851267
Reply with quote  #2

1714851267
Report to moderator
1714851267
Hero Member
*
Offline Offline

Posts: 1714851267

View Profile Personal Message (Offline)

Ignore
1714851267
Reply with quote  #2

1714851267
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714851267
Hero Member
*
Offline Offline

Posts: 1714851267

View Profile Personal Message (Offline)

Ignore
1714851267
Reply with quote  #2

1714851267
Report to moderator
1714851267
Hero Member
*
Offline Offline

Posts: 1714851267

View Profile Personal Message (Offline)

Ignore
1714851267
Reply with quote  #2

1714851267
Report to moderator
aad140386
Member
**
Offline Offline

Activity: 420
Merit: 20

simply getting the job done


View Profile
June 22, 2019, 02:13:06 PM
 #22

To be honest, I don’t even know what to expect. I realized a long time ago that it is impossible to believe analysts' forecasts, and technical analysis is far from always helpful in the cryptocurrency market. Although, it should be noted that according to technical analysis, everything indicates that Bitcoin will continue to grow. Such rapid growth scares me, because as we all know, what quickly grows then just as quickly falls.

Mycro Jobs
〈 SIMPLY GETTING THE JOB DONE ⟩
goolesby
Member
**
Offline Offline

Activity: 574
Merit: 10

Gistcoin


View Profile
June 22, 2019, 02:38:14 PM
 #23

You are right. Today is the big day for the Bitcoin breaking the barriers. It has reached more than $11k only in a day. It is very incredible after so long time, after one year it has very dumped price and now it has proved the value of real Bitcoin. I believe that BTC price will increase again and be more stable.

onecall123
Sr. Member
****
Offline Offline

Activity: 2058
Merit: 323



View Profile
June 22, 2019, 02:48:13 PM
 #24

Been talking about this last couple of months and here we go Bitcoin about to reach $11k after crossing $10k. In my optimism, It will go to $12k and then there will be a dip. Truth to be said It's not the right time to buy in exceptionally when bitcoin is on hard pumping.

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
ityandsyn
Member
**
Offline Offline

Activity: 490
Merit: 11


View Profile
June 22, 2019, 03:57:10 PM
Last edit: June 22, 2019, 04:11:38 PM by ityandsyn
 #25

On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months

Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time.

I want to invest in bitcoin, it is too late?

Where do you think Bitcoin is heading next?  

       Just go ahead make an investment because bitcoin price was already hit $11k  and it may repeat the history in  which bitcoin was blast like a bomb in 20017 and this may continue up to $20k .So I think this is not too late to invest in bitcoin.
DebitMe
Legendary
*
Offline Offline

Activity: 2786
Merit: 1011

Get Paid Crypto To Walk or Drive


View Profile
June 22, 2019, 04:00:58 PM
 #26

I have been calling for a price upswing following by a rather large crash into the 4k or 5k range.  I think this is our upward time, then we will crash before then testing and eventually breaking through the ATH after the next halving.

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
bitbunnny
Legendary
*
Offline Offline

Activity: 2898
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
June 22, 2019, 04:15:19 PM
 #27

Some might say again this is because of whales and their actions but I don't think so. It's probably circumstances on the market and investors mood that pushed the price.
Still it's hard to say if this is going to last and we will have some continuous growth or is this a temporary pump after which some corrections will follow.

samuraijin
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 261


Vave.com - Crypto Casino


View Profile
June 22, 2019, 04:16:15 PM
 #28

On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months

Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time.

I want to invest in bitcoin, it is too late?

Where do you think Bitcoin is heading next? 
You are not late, I think this is just the beginning of the price of bitcoin, I think who is the driver we all will not know, many people say that because of the announcement from Facebook, but I am not sure that there might be other big people inside, I just give advice not invites you to invest this risk, you can invest as long as it hasn't been in 2020
Many people predict that bitcoin prices will touch above $ 50k

tomahawk9
Hero Member
*****
Offline Offline

Activity: 2086
Merit: 994


Cats on Mars


View Profile
June 22, 2019, 04:17:28 PM
 #29

FOMO, greed, newcomers trying to not miss the train, whales playing games, etc, etc. Trying to pinpoint the exact reason behind such massive spike is nothing but a waste of time, there's literally no way to know for sure what's causing this surge.

Isn't it obvious? Libra is the answer. One of the biggest players in the market(Facebook) have openly declared that they are planning on launching their own cryptocurrency by unveiling the whitepaper which has had a ripple effect on the crypto world.
How exactly does the Libra hype impacts the price of Bitcoin? You think people are going "Oh, Facebook is going to launch a cryptocurrency next year, guess I'll buy Bitcoin now"?? What's the logic behind that?

More and more people are interested in what Libra is and how it is different when compared to BTC, but this is indirectly benefiting BTC in a big way leading to the recent rally. This will probably look very small when compared to the upcoming Halving rally in 2020.
Again, you're trying to say that Libra is the main cause behind the current surge in the BTC price but you're not explaining exactly why  Huh

.
Duelbits
            ▄████▄▄
          ▄█████████▄
        ▄█████████████▄
     ▄██████████████████▄
   ▄████▄▄▄█████████▄▄▄███▄
 ▄████▐▀▄▄▀▌████▐▀▄▄▀▌██

 ██████▀▀▀▀███████▀▀▀▀█████

▐████████████■▄▄▄■██████████▀
▐██████████████████████████▀
██████████████████████████▀
▀███████████████████████▀
  ▀███████████████████▀
    ▀███████████████▀
.
         ▄ ▄▄▀▀▀▀▄▄
         ▄▀▀▄      █
         █   ▀▄     █
       ▄█▄     ▀▄   █
      ▄▀ ▀▄      ▀█▀
    ▄▀     ▀█▄▄▄▀▀ ▀
  ▄▀  ▄▀  ▄▀

Live Games

   ▄▄▀▀▀▀▀▀▀▄▄
 ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄
▄▀ █ ▄  █  ▄ █ ▀▄
█ █   ▀   ▀   █ █  ▄▄▄
█ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █   █
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█  █▄█
█ ▀▀█  ▀▀█  ▀▀█ █  █▄█

Slots
.
        ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄
        █         ▄▄  █
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄       █
█  ▄▄         █       █
█             █       █
█   ▄▀▀▄▀▀▄   █       █
█   ▀▄   ▄▀   █       █

Blackjack
|█▀▀▀▀▀█▄▄▄
       ▀████▄▄
         ██████▄
▄▄▄▄▄▄▄▄█▀    ▀▀█
████████▄        █
█████████▄        █
██████████▄     ▄██
█████████▀▀▀█▄▄████
▀▀███▀▀       ████
   █          ███
   █          █▀
▄█████▄▄▄ ▄▄▀▀
███████▀▀▀
.
                 NEW!                  
SPORTS BETTING 
|||
[ Đ ][ Ł ]
AVAILABLE NOW
spacehopper
Member
**
Offline Offline

Activity: 121
Merit: 10


View Profile
June 22, 2019, 04:24:10 PM
 #30

On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months

Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time.

I want to invest in bitcoin, it is too late?

Where do you think Bitcoin is heading next? 

Its never too late for invest bitcoin,But my advice is wait a little bit.Bitcoin falls 11168$ to 10688$. 500$ fall,because of the panic sellers sell there bitcoin.Wait until hit again if it pass the 11168$.wait 1 hr candle to complete.If that candle complete as green.Buy BTC. If not double top pattern.If the resistance came bitcoin will fall.

Apes
Sr. Member
****
Offline Offline

Activity: 1316
Merit: 257


View Profile
June 22, 2019, 04:57:42 PM
 #31

this pumping will continue past 12K I believe. invest now don't hesitate you haven't been late, after touching 12K BTC heading to for passed asses all time high.
BTC Invest will not fall their goals are still far away.,
believe me while there is still a chance. BTC invests Autowin.
shiunsai
Hero Member
*****
Offline Offline

Activity: 759
Merit: 505


View Profile
June 22, 2019, 05:34:39 PM
 #32

The price of bitcoin is very volatile, there is not necessarily a good or bad time to buy.

It depends on the amount of investment you want to make, how long are you ready to "leave" that amount in BTC and the goal.

Of course it is better to buy when the price is $3000, nevertheless it may be interesting to buy now and sell when the price will reach $20,000, $30,000 or more.

It could come in 1 month, 6 months or in several years, but I think that someday the price of bitcoin will come and exceed these sums.

You can use tools (Artificial Intelligence) to help you choose the best times to buy and sell. Go see IntelBit.io (it's free), there is an algorithm (artificial intelligence) that predicts the price of bitcoin; The price predictions are based on the K-nearest neighbors algorithm (KNN) and Multilayer Perceptron (MLP), a feedforward artificial neural network. The tool is armed with various time-span options, including daily, weekly, monthly and real time predictions.


WARNING: No algorithm or artificial intelligence can give you 100% reliable results, you must analyze the market yourself and make the decision, but AI like IntelBit can help you and give you good technical indications
kryptqnick
Legendary
*
Offline Offline

Activity: 3094
Merit: 1385


Join the world-leading crypto sportsbook NOW!


View Profile
June 22, 2019, 06:32:10 PM
 #33

On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months

Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time.

I want to invest in bitcoin, it is too late?

Where do you think Bitcoin is heading next? 
Today, the price actually reached $11k for a brief period of time. I don't know, I find it scary that the price is being too volatile and moving upwards so fast. I don't think there're particular causes behind the current pump. It's all the long-awaited correction after more than a year of the bearish market; investors considering Bitcoin valuable, being impressed by how it got out of the bearish market; and, unfortunately, FOMO.
I don't think it's late to invest. It's never late to invest long-term in Bitcoin, IMO, because, in the end, it will reach a new ATH point. As for short-term things - I am not sure, but I wouldn't do it, because the price is too high, and there might be a correction around the corner.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
tippytoes
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 275


View Profile
June 22, 2019, 06:42:27 PM
 #34

there is no pump since it is bitcoin not some altcoin to get pumped.
this rise however is the same bull run that started months ago when we broke out of $3k range and started this whole rally. and main reason for it like always is the increase of adoption.


I want to invest in bitcoin, it is too late?

no you don't, you just want to advertise your website, I bet you won't even read any of the replies Cheesy

The best reply so far. lol  If the OP sincerely wants to invest, no need to ask the community here. He will buy on his own decision. You will find all kinds of promoters and advertisers of various crypto-related platforms because the price of bitcoin is starting again to increase in good amounts and everybody wants to be in it.
Fredomago
Legendary
*
Offline Offline

Activity: 2968
Merit: 1050


Leading Crypto Sports Betting & Casino Platform


View Profile
June 22, 2019, 06:45:57 PM
 #35

this pumping will continue past 12K I believe. invest now don't hesitate you haven't been late, after touching 12K BTC heading to for passed asses all time high.
BTC Invest will not fall their goals are still far away.,
believe me while there is still a chance. BTC invests Autowin.
Some downside is ongoing right now after hitting $11k now it's moving down as current value is $10,714 maybe a little slide before moving upwards
again as some traders will sell after getting short term targets while others will buy in taking chances while value still considerable.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Emilyp
Member
**
Offline Offline

Activity: 546
Merit: 10


View Profile
June 22, 2019, 09:20:12 PM
 #36

People are fomoing in fearing that they might miss out of the pump, thereby pumping the price. Also, a lot of big corporations are begining to see the future with bitcoin.
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2898
Merit: 1464


Clueless!


View Profile
June 23, 2019, 04:42:40 AM
 #37

Nobody knows exactly where we're heading, but I'm quite optimistic with the recent move. At this moment, we should have left the disbelief phase and people are starting to get confidence for the next run.

Lots of people even believe that we could reach $80k by July 2020.

I wet myself a little bit on reading the above.

At 80K a BTC I would become likely the biggest 'ass' on the planet. I hope it is true but can't even wrap my head around such.

Likely results of BTC in my case hitting $80k a BTC.

1) Would become an 'epic' ass, and thus giving up my amateur status as simply being 'occasionally' 'ass like' in my actions. Would go full pro tour asshole.

2) Would suddenly be more attractive to the oppisite sex (and other...ewwww..). Thus contributing to (see 1 above)

3) Would 'delude' myself that it was all 'skill' when in reality, I just got in as an early adopter because this seemed more prudent then losing $60 a month in electric

    by putting the old bbs and game server back up. I was bored. Yes, that is the lamest excuse ever to get into BTC in 2013. Also by 'forgetting such' (see 1 above).

4) The IRS and others would 'likely' take a lot more interest in my actions. At $80k BTC, there would be a lot of 'data mining' 'supposed' legit Tax Returns for corrected 'ahem' revenue.

5) I would likely, at $80k BTC completely crack up, never selling any, and at the age of 101 years be found dead with cats and an unreadable paper wallet from fondling it.

So looking at above, $80k BTC sounds good. I can deal with the above. It is all about the rationalization. Smiley

Brad




Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
Aldrinx00
Member
**
Offline Offline

Activity: 882
Merit: 13


View Profile
June 23, 2019, 04:54:04 AM
 #38

I think there's no pump happening on bitcoin but a natural growth in price because of mass adoption, people are buying bitcoin and we can see altcoins doesn't have that much increase in price. I think bitcoin is heading to a new all time high so invest now before its too late.

sgenuine
Full Member
***
Offline Offline

Activity: 854
Merit: 103


View Profile
June 23, 2019, 07:24:51 PM
 #39

Nobody knows exactly where we're heading, but I'm quite optimistic with the recent move. At this moment, we should have left the disbelief phase and people are starting to get confidence for the next run.

Lots of people even believe that we could reach $80k by July 2020.

Do not forget about those people, who believed that Bitcoin could reach 100 thousand soon and bought BTC when it was 20 thousand. Even now, with Bitcoin for over 10K, they cannot cover their losses still.
blue_nexus15
Member
**
Offline Offline

Activity: 532
Merit: 10

█ J A X N E T W O R K █


View Profile
June 24, 2019, 03:01:17 PM
 #40

In 2017, Bitcoin reached $ 20,000 from $ 10,000 in just 2-3 weeks. And from $ 8000 it came to this point again very quickly. Do you think it could be $ 20,000 in three weeks?
If I remember correctly, bitcoin had a 16x growth rate to set a historical milestone for this world at $ 20k for 5 weeks. A lot of views on this issue but I think, it has come up with extremely impressive efforts. When bitcoin overcomes resistance and investors hold a good profit lock. I think 10k is a stable resistance to continue moving. 24k in January is possible.

Pages: « 1 [2] 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!