zooyaa (OP)
Newbie
 Offline
Activity: 36
Merit: 0
|
 |
March 02, 2015, 10:41:54 PM |
|
today I check the value for Bitcoin the price is going up. so I want to know if anyone on here can tell me what's really happening with the market why the price is going up. Did the cryptocurrency pass the test or overcome the price dropping storm. give me the 411 guys
|
|
|
|
|
|
|
|
The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
newIndia
Legendary
Offline
Activity: 2198
Merit: 1049
|
|
March 02, 2015, 10:44:29 PM |
|
today I check the value for Bitcoin the price is going up. so I want to know if anyone on here can tell me what's really happening with the market why the price is going up. Did the cryptocurrency pass the test or overcome the price dropping storm. give me the 411 guys
Who told u to mention over here ? U said and everyone started to sell. Now, it has started to fall...  |
|
|
|
findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
|
|
March 02, 2015, 10:48:54 PM |
|
today I check the value for Bitcoin the price is going up. so I want to know if anyone on here can tell me what's really happening with the market why the price is going up. Did the cryptocurrency pass the test or overcome the price dropping storm. give me the 411 guys
Most people don't believe technical analysis actually works, that the reason. In simple words, TA is the consolidation of all known price related information into a few lines. Mix it with a bit of fractals and you've been buying at 220. |
|
|
|
|
|
stonerider
|
|
March 02, 2015, 11:48:08 PM |
|
Here's the 411:
After a long slide and touching the bottom at 156 (very briefly), and consolidating at around 200-230, the market has finally turned around. The long bear phase is over and the bulls now rule.
We may not "rocket" to the moon, but we are solidly gaining ground, bit by bit.
2015 is, so far, turning out to be the mirror image of 2014.
|
|
|
|
|
findftp
Legendary
Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
|
|
March 03, 2015, 12:00:48 AM |
|
Here's the 411:
After a long slide and touching the bottom at 156 (very briefly), and consolidating at around 200-230, the market has finally turned around. The long bear phase is over and the bulls now rule.
We may not "rocket" to the moon, but we are solidly gaining ground, bit by bit.
2015 is, so far, turning out to be the mirror image of 2014.
I agree. This will be a slow rise to infinity It's healthy and will take a few months. After that, general public will be convinced again that bitcoin is not dead and they will start the fire to the moon... again. |
|
|
|
|
Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
|
|
March 03, 2015, 12:19:56 AM
Last edit: March 03, 2015, 12:32:28 AM by Ibian |
|
Somewhere, a unicorn is making the price move by fluttering its eyelashes.
|
Look inside yourself, and you will see that you are the bubble.
|
|
|
|
Morecoin Freeman
|
|
March 03, 2015, 12:36:27 AM |
|
Why 411?
|
Ask the stranger he knows who you really are.
|
|
|
WW3
Newbie
Offline
Activity: 45
Merit: 0
|
|
March 03, 2015, 12:41:58 AM |
|
people seem to forget to mention about those stolen coins, they could be sold at any time so we gotta remember that. I'm sitting here with fiat, wondering to myself if I buy now, will the coins be sold off? Additionally, we have the auction to worry about. Is this in hopes of preventing a further price drop? http://s3.postimg.org/uh7yoax7n/image.jpg |
|
|
|
|
|
Raystonn
|
|
March 03, 2015, 12:43:59 AM |
|
Don't forget all the stolen USD and gold. How can you sleep at night knowing the stolen USD could be dumped at any time?
|
|
|
|
|
|
Morecoin Freeman
|
|
March 03, 2015, 12:45:48 AM |
|
Stolen USD could buy more coins.  |
Ask the stranger he knows who you really are.
|
|
|
WW3
Newbie
Offline
Activity: 45
Merit: 0
|
|
March 03, 2015, 12:48:49 AM |
|
I'm just trying to add a little context to the thread and being sarcastic along the way.
|
|
|
|
|
bitcoin revo
Legendary
Offline
Activity: 1168
Merit: 1049
|
|
March 03, 2015, 02:24:38 AM |
|
Since it has such a high difficulty and such a low supply, Bitcoin will be worth thousands of dollars each in a few years!
|
|
|
|
|
|
Bananana
|
|
March 03, 2015, 08:31:47 AM |
|
today I check the value for Bitcoin the price is going up. so I want to know if anyone on here can tell me what's really happening with the market why the price is going up. Did the cryptocurrency pass the test or overcome the price dropping storm. give me the 411 guys
I am more interested in "give me the 411 guys". What does that mean? |
|
|
|
|
pixl8tr
|
|
March 03, 2015, 11:02:26 AM |
|
I am more interested in "give me the 411 guys". What does that mean?
Int the USA 411 is the number you use to get directory assistance. 411 = Information. ;-) |
who | grep -i blonde | date; cd ~; unzip; touch; finger; bjobs; uptime; strip;. grab; mount; yes; umount; sleep; brun;
Donations: 18ByQvDUmaMKkQbYvUWmnPSu9BWeNxVMoc
|
|
|
|
celebreze32
|
|
March 03, 2015, 11:02:49 AM |
|
I think there are whales manipulating the market.
|
|
|
|
|
HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
|
|
March 03, 2015, 03:09:44 PM |
|
Price has been very very very resilient over the past few weeks, more and more TA indicators are turning "green", and bears/shorters get tired of the sideways movement. Traders like movement, and if the price doesn't want to go any lower, they just accept the fact and get back on the rocket up!
|
|
|
|
|
Whitehouse
|
|
March 03, 2015, 03:19:42 PM |
|
Price goes down people ask "why is this happening?". Response: nobody knows.
Price goes up people ask "why is this happening?". Response: nobody knows.
This is just bitcoin for you. Sometimes it goes up, sometimes it goes down but it's always just supply vs demand.
|
|
|
|
HarmonLi
Sr. Member
Offline
Activity: 350
Merit: 250
Honest 80s business!
|
|
March 03, 2015, 03:23:14 PM |
|
Price goes down people ask "why is this happening?". Response: nobody knows.
Price goes up people ask "why is this happening?". Response: nobody knows.
This is just bitcoin for you. Sometimes it goes up, sometimes it goes down but it's always just supply vs demand.
Well I gotta say I'm always amazed that there are people who keep asking how the price of a single Bitcoin is being determined. They think there's some central algorithm in place. |
|
|
|
|
Whitehouse
|
|
March 03, 2015, 03:28:52 PM |
|
Price goes down people ask "why is this happening?". Response: nobody knows.
Price goes up people ask "why is this happening?". Response: nobody knows.
This is just bitcoin for you. Sometimes it goes up, sometimes it goes down but it's always just supply vs demand.
Well I gotta say I'm always amazed that there are people who keep asking how the price of a single Bitcoin is being determined. They think there's some central algorithm in place. I'm amazed people think there is an answer other than people are buying coins for more or less (delete as applicable) than they was before. People just really seem to want to correlate the change in price to some sort of news but I believe this is because they believe in fud and the excuses people give for the fall or rise - oh it's because china/silk road/mt gox/rumour I heard/my auntie etc. |
|
|
|
Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
|
|
March 03, 2015, 03:41:12 PM |
|
We're still in a phase where a lot of money is coming into BTC, that's driving the price even more - next to the speculation that's going on. Some call this a ponzi, but it's none. It's just the way Bitcoins are being distributed. The next block-halvings are going to be sweet, man!
|
|
|
|
|
