[2014-05-30] Bitcoin Price boosting upwards: > 3000 Bitcoins traded on BitStamp

[_smudger_]

http://www.cryptocoinsnews.com/news/bitcoin-price-boosting-upwards-3000-bitcoins-traded-bitstamp/2014/05/30

[dserrano5]

If you have any other ideas on the big leap today, please comment below

After Markus and Willy here comes Jessie!

[helmax]

right price is not real
because dish is not start accept payments bahhh

so its not a boost its a joke

[notthematrix]

Well if you see the upside potetial of bitcoin this is no joke , buying 3000 btc if you have the money can be a vary smart investment!

[Yeezus]

Well if you see the upside potetial of bitcoin this is no joke , buying 3000 btc if you have the money can be a vary smart investment!

Could be a silly one as well, but I'm sure we'll see the price rise to far more than this in the future. The potential is definitly there.

[bryant.coleman]

There were 2-3 bulk deals also in the BTC-E (during the last 8 hours or so), each of them averaging around BTC1,000. This can point to two assumptions. Either some smart buyers, who bought BTCs at $350 are offloading a part of their stash, or it can be new investors buying up Bitcoins in expectation of some big news.

[LiteCoinGuy]

Well we should wait and see how long the price moves upwards

6 years until today.

[bryant.coleman]

I'm hearing a lot of crap talked on the reasons for the rise including gox somehow manipulating the price up while having 850k of coins on their books that didn't exist (by that logic gold should be $50k an ounce by now). The price was being held down so when the trend was broken that tension was released and it went up with a bang.

The market data is very clear. Mt Gox manipulated the Bitcoin prices by a huge extent. At times, the spread between Mt Gox and Bitstamp exchange rates reached almost $100. ($1,100 - $1,000).