2 big news - Bullish sing or manipulation? - page 2.

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: timotron on November 06, 2018, 06:00:13 AM

Maybe this 2 press releases from today bring some nice moves to BTC and [eth], but you never know if this is a manipulation strategy
This are big players, they can turn the market any moment.

Bitcoin to 50.000 this year?
https://www.cryptoglobe.com/latest/2018/11/swiss-regulator-cryptoasset-risk-coverage-to-be-estimated-at-800-of-market-value/

Ethereum Staking coming soon,
Ethereum to 1.000K this year?
https://ethereumworldnews.com/jp-morgan-we-are-big-believers-in-ethereum/

any comments on this been a manipulative strategy?

It seems so impossible to reach $50,000 this year despite with all of that good news that keeps on popping somewhere but i guess it has no effect yet. That counts as nothing to bitcoin and it seems that it doesn't care about of those news, bitcoin might be waiting for something big to come out rather than this small fish news.

adaseb

legendary

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Quote from: Pab on November 06, 2018, 01:01:52 PM

Some bull run is coming but only one reason is Bakkt
Bakkt plans to launch next month on December 12
it can very important for bitcoin
Here is why https://twitter.com/jchervinsky/status/1059828623471972354

I think that it will get approved because if its anything like the Bitcoin futures, its self certify. The Bitcoin futures were out for a year already and there was no issues with them really so I don't think the regulating body will have any issue with this one. I am 99% sure it will get approved and launched.

However we knew about Bakkt since the Summer and it didn't start off any type of rally. Price was trading sideways and then went down. Only the ETF delay caused price to drop like $1000 in like 2 days and everybody knew it was going to get delayed or denied. And later when those 9 ETFs were all denied, the price went up.

So basically none of this news has any correlation what so ever. Buy the Rumor and Sell the news, didn't seem to matter this year.

Pab

legendary

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Some bull run is coming but only one reason is Bakkt
Bakkt plans to launch next month on December 12
it can very important for bitcoin
Here is why https://twitter.com/jchervinsky/status/1059828623471972354

btyco

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Both predictions are unrealistic, they should say by end of next year which is the most likely scenario. If an etf gets aproved it could go way beyond those figures

hubballi

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Seeing the both news i think ETH has the potential to move above $1000 mark this year as it is manipulated with big whales but Bitcoin price moving to $50000 is highly impossible, at the most it can go till $20000 - $25000 maximum range.

cabron

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I have heard the news about JP morgan through the Weidex telegram channel, the company supports the token so they might just pump it themselves as well. Maybe its true. These will not just pump BTC and ETH but will also raise the price of the most tokens in crypto. SEC would be pressured to approve ETF if the price are going to rise like hell.

BrewMaster

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There is trouble abrewing

to be honest i find both of the links too random and i am having a hard time trying to understand why you thought these are "big bullish news"! specially since neither of them have anything to do with bitcoin and second one is simply advertising ethereum with a fake news Cheesy

YuginKadoya

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In my opinion, It is really a manipulation rather than a bullish increase, And it is rather hard to say if we can make a $50,000 USD value this year because the bearish market is suppressing it to happen, But if there will be a manipulation of the price I really think it can only make a small movement because we are now in the Month of November this year, Pretty sure many people are into the holidays season and their money is going out instead of going in.

timotron

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Trooper Founder & CEO

Quote from: Slow death on November 06, 2018, 06:52:11 AM

I have few things to comment

1 -) about bitcoin: I think it's impossible for the bitcoin price to reach $50,000 this year, and I find it very difficult for the price of bitcoin to reach $50,000 next year. In my opinion we will see the $50,000 after 2020

2 -) about ETH: I think it is impossible for the ETH price to reach $1000 this year, maybe next year, once the bitcoin price increases to $18000, then the ETH price will be $1000.

Comments sound more realistic than then press releases!

Quote from: Harkorede on November 06, 2018, 07:00:15 AM

IMO both comment are exaggerated because the current market is showing more sign of stability and survival rather than the supposed big price turn over, as you've already stated it could one of the be some big players manipulative strategy, but that'd wouldn't matter if indeed it makes a positive significant impact on the market.

I think that would matter somehow, difficult to say if we are not in the game.

Quote from: davis196 on November 06, 2018, 07:29:45 AM

The first article has almost nothing to do about the future bitcoin price.It's a discussion about crypto "risk-coverage" or a "risk-weighted price" and some other bullshit.If one investor owns one bitcoin,the investor will have to cover 8 times (800%) the price of that bitcoin,in order to secure it's market position.
Total nonsense,if you ask me....
I don't really care that much about ethereum though.I didn't read the second article.

yeah, it is confusing.

Cool reaction to J.P.Morgan and Eth news Grin

davis196

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The first article has almost nothing to do about the future bitcoin price.It's a discussion about crypto "risk-coverage" or a "risk-weighted price" and some other bullshit.If one investor owns one bitcoin,the investor will have to cover 8 times (800%) the price of that bitcoin,in order to secure it's market position.
Total nonsense,if you ask me....
I don't really care that much about ethereum though.I didn't read the second article.

Harkorede

copper member

Activity: 2044

Merit: 793

IMO both comment are exaggerated because the current market is showing more sign of stability and survival rather than the supposed big price turn over, as you've already stated it could one of the be some big players manipulative strategy, but that'd wouldn't matter if indeed it makes a positive significant impact on the market.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

I have few things to comment

1 -) about bitcoin: I think it's impossible for the bitcoin price to reach $50,000 this year, and I find it very difficult for the price of bitcoin to reach $50,000 next year. In my opinion we will see the $50,000 after 2020

2 -) about ETH: I think it is impossible for the ETH price to reach $1000 this year, maybe next year, once the bitcoin price increases to $18000, then the ETH price will be $1000.

timotron

sr. member

Activity: 924

Merit: 281

Trooper Founder & CEO

Maybe this 2 press releases from today bring some nice moves to BTC and [eth], but you never know if this is a manipulation strategy
This are big players, they can turn the market any moment.

Bitcoin to 50.000 this year?
https://www.cryptoglobe.com/latest/2018/11/swiss-regulator-cryptoasset-risk-coverage-to-be-estimated-at-800-of-market-value/

Ethereum Staking coming soon,
Ethereum to 1.000K this year?
https://ethereumworldnews.com/jp-morgan-we-are-big-believers-in-ethereum/

any comments on this been a manipulative strategy?

Topic: 2 big news - Bullish sing or manipulation? - page 2. (Read 438 times)