what just happened .. and why now ?

[Ibian]

people starting to realize that EURO tragedy will be on for another 4 months?

OR it is US deflation -0.1% that came out right now, which means interest rates in US may remain low for awhile

price is stabilizing, massive support between here and $160 lows, so the bears here are giving up hope to grab cheaper coins --> reversal?

It is just the beginning of Europe tragedy, the dollar will fall, inflation will come back even in official numbers and  politicians will lie.

I see in another thread saying how the dollar will not collapse, which one is it :/ No the dollar is not going anywhere for a long time to come no one on this planet wants to see that fail will be terrible news for all. OP i have heard no news and only know the price because you had me curious but now looking at the green is better than looking at the red so i guess it is all good, up down up down next stop we will see if we can break 300 again and how long for. Wisdom is looking good i hope i am not board with bitcoin i just hardly look at the price anymore..

Countless people want to see the dollar fall. And it will, by simple law of mathematics. Not a matter of if but when. Take your precautions accordingly.

I don't think dollar will ever fall now. Its too strong unless an economic disaster happens.

It's weaker than it has ever been.

[BlindMayorBitcorn]

...
So, most likely the large buy foreshadows a big upward move........or the person is retarded 

It's called a pump.

You mean a "pump"?

[Madness]

Probably because Kim Dotcom announcement that he is going to switch to Bitcoin on his MEGA website . I could be wrong tho .
It's back down anyway 

[ssmc2]

Probably because Kim Dotcom announcement that he is going to switch to Bitcoin on his MEGA website . I could be wrong tho .
It's back down anyway 

Looks like nothing but higher lows to me since January 11. 

[honest john]

Probably because Kim Dotcom announcement that he is going to switch to Bitcoin on his MEGA website . I could be wrong tho .
It's back down anyway 

Is there any big news that caused today's dump?

[grendel25]

This is why traders love crypto and btc is just the tip of the iceberg for traders making profits on swings like this.  So much buy low sell high going on people are getting rich!  When will the party end?

[Nagle]

This is why traders love crypto and btc is just the tip of the iceberg for traders making profits on swings like this.  So much buy low sell high going on people are getting rich!  When will the party end?

An equal amount is being lost by others, of course. It's zero-sum.

[ajareselde]

It's Obvious whats happened.

If it were NEWS like suggested the price wouldn't be stuck at 255.00 for 2 days with no movement upwards..

If it were CNN story then the bids would just keep coming day after day.. we would see a sharp rise then still upward movement..

If it were a tweet then we would see the same sharp rise with upward movement.


What did we see.

Orders given to the whales to pump the market so the price would be higher for the US Marshall's auction. They need to do his for internal private reasons. There is always a possibility of the thousands of coins that some my be sold for a quick buck. So what can we expect from here.

The Whales will be pulling their 9 Thousand  coins from the market at a decent profit.. if they can beat you all to the punch and sell before the price drops to far below 255.

Take that to the bank as the truth..

where are coins now, do we know addresss? we could easily track the coins if they are to be sold?

cheers

[xboxsold]

The bidders and any info is kept from the public unless they themselves want to make it public.

[DieJohnny]

i think we are going up.... I don't think this is a long term bull run but i think 250 will be considered the new floor soon.

[picolo]

it's called a breakout.

b/c it's time.

Yes.

261$ on bitcoin-average and 262$ on bitfinex

[BitmoreCoin]

i think we are going up.... I don't think this is a long term bull run but i think 250 will be considered the new floor soon.

That will happen after the US Marshals auction.

[xboxsold]

The DUMP can happen from now til any moment.. should start later today in anticipation.. Bottom at 240.00

[ChuckBuck]

What just happened?  It's called continuous positive mainstream news syndrome or PMS:



If PMS keeps happening, someone gonna get their hearts ripped out...