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Author Topic: What is the real reason?  (Read 1682 times)
bitbaby
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May 31, 2014, 06:34:26 AM
 #21

I think it is only a price manipulation and a pump by speculators and btc traders. the only real price hyke can be caused by consumer adoption but I don't think that's the reason in this case.

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gondel
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May 31, 2014, 08:32:10 AM
 #22

It is matter of time when a huge hack will happen to one of the major exchanges! So people will get scared again. This can be a reason for price going down again. We will see..
BR
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May 31, 2014, 10:11:19 AM
 #23

maybe the price going way up because Macau casinos have been given a July 1 deadline to get rid of their illegal UnionPay debit-card mobile swiping devices.
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May 31, 2014, 01:02:28 PM
 #24

It is matter of time when a huge hack will happen to one of the major exchanges! So people will get scared again. This can be a reason for price going down again. We will see..
BR

What do you mean Hack? I don't think gox was hacked? It's the owners fault. I don't know the exact reason but people were scared at the recent time because of huge price fall but now when It went up like $30+ people started buying more bitcoins only because of price rise with intention that They'll make even more money because It started sky rocketing up and It did, now $200 Up. So It's like chain reaction price starts going up and more people buys bitcoins and the price keeps going up.

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May 31, 2014, 01:40:54 PM
 #25

I'm also expecting a rally on some of the old alt coins, but it seems darkcoin is also pressing down their price.

My main posts and a few more are reposted here: https://oneskeptic.tumblr.com
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June 01, 2014, 01:33:18 AM
 #26

The distance between the past few tops has been very similar. The current run is in time to meet the same timeframe as the peaks befor eit.

Late July, Early August.

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