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Topic: 360$ , what going on ? - page 5. (Read 5306 times)

legendary
Activity: 1750
Merit: 1004
November 26, 2015, 09:04:39 AM
#16
It is beginning of new trend price will go up and i am sure we will see $400 before end of this month as still some bullish sign exist there so just wait and hold for great future.
hero member
Activity: 616
Merit: 500
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November 26, 2015, 09:02:24 AM
#15
Just got home and saw this, great! I think that could be influence of that black Friday event, just hope merchants will not dump all coins right after.
legendary
Activity: 1232
Merit: 1091
November 26, 2015, 08:55:13 AM
#14
All the talk about black Friday and huge savings for people buying with bitcoins would be my guess.

The current rise in price will definitely stimulate people to spend their coins more actively on black friday and even on cyber monday. 10% rise today means you can buy 10% more with the same amount of coins. That's amazing isn't it? 10% more purchasing power, and maybe even more if the price keeps going up.
member
Activity: 72
Merit: 10
November 26, 2015, 08:49:00 AM
#13
All the talk about black Friday and huge savings for people buying with bitcoins would be my guess.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
November 26, 2015, 08:48:32 AM
#12
[...] now I checked once again and the price seem to be 360$~ .
In your opinion , what exactly caused this ? and is it going to continue like it did before till it reach 500$ or something near that .

~357$ now in preev but I should say that I didn't expect the bitcoin price to reach 350$ in November.
I read yesterday that a spike happened on the Chinese exchanges, don't know if this has a relation with it.
legendary
Activity: 2562
Merit: 1119
November 26, 2015, 08:47:56 AM
#11
Not sure if this will contue a one day event won't have that big of an impact for btc it may reach $400
But it won't pass $500.
legendary
Activity: 1176
Merit: 1024
November 26, 2015, 08:44:26 AM
#10
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.
We settled about 100$ higher after the last 'hot air' pump, that's not that bad.

Yes we need to get satisfied after the last bump for getting some $100 hike with the stable in bitcoin price range. That must be a biggest leap if we consider last 10 months of bitcoin trading. Hope for same thing happen again with this current bump also.
legendary
Activity: 1232
Merit: 1091
November 26, 2015, 08:43:54 AM
#9
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.
Hate to say this but this is just another pump Sad
A massive price increase in just one day is illogical and the only thing that can explain this was just another pump Roll Eyes
Im pretty sure the price would get back to normal after black friday ends

I can't find anything that might indicate why the price has gone up this much. So yes, it definitely looks like another hot air pump. Let's see what happens after black friday.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
November 26, 2015, 08:43:37 AM
#8
I didn't expect that to happen yet but the only possible reason I see is that increase in demand in terms of more users buying BTCitcoin for the event tomorrow so they could snatch some great deals using BTCitcoins so it could decrease after it. Also I did a research in case there's something but couldn't find anything that points directly. There's even some analysis that so far has been wrong: http://cointelegraph.com/news/115730/daily-bitcoin-price-analysis-bearish-trend-still-relevant

It is likely this I think. But I did not think about it until you mentioned it.

Seems it is going down already, and won't last very much. Sold some BTC and expecting to buy them lower lol.
sr. member
Activity: 303
Merit: 250
November 26, 2015, 08:42:01 AM
#7
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.

Not many expected it.
Even if we don't hold all the gains made so far, we could be setting new floors.
hero member
Activity: 714
Merit: 528
November 26, 2015, 08:37:30 AM
#6
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.
Hate to say this but this is just another pump Sad
A massive price increase in just one day is illogical and the only thing that can explain this was just another pump Roll Eyes
Im pretty sure the price would get back to normal after black friday ends
sr. member
Activity: 290
Merit: 250
November 26, 2015, 08:36:04 AM
#5
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.
We settled about 100$ higher after the last 'hot air' pump, that's not that bad.
hero member
Activity: 854
Merit: 503
Legendary trader
November 26, 2015, 08:34:45 AM
#4
I called this last week. Tongue
My strategy: Buy and hold because we will break $350 soon. Best of luck.
There is definitely a reason behind this madness, which I can not share.
But yea, still a great time to buy-in. Enjoy the ride.
legendary
Activity: 1232
Merit: 1091
November 26, 2015, 08:31:13 AM
#3
I also didn't expect this sudden price increase. I really hope this is not another hot air pump that will vanish after a week or so. That would be sad.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
November 26, 2015, 08:17:43 AM
#2
I didn't expect that to happen yet but the only possible reason I see is that increase in demand in terms of more users buying BTCitcoin for the event tomorrow so they could snatch some great deals using BTCitcoins so it could decrease after it. Also I did a research in case there's something but couldn't find anything that points directly. There's even some analysis that so far has been wrong: http://cointelegraph.com/news/115730/daily-bitcoin-price-analysis-bearish-trend-still-relevant
staff
Activity: 3500
Merit: 6152
November 26, 2015, 08:04:39 AM
#1
So what's going on , just yesterday when I came back form school I checked preev and it was like 325$ or something like that , and now I checked once again and the price seem to be 360$~ .
In your opinion , what exactly caused this ? and is it going to continue like it did before till it reach 500$ or something near that .
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