A crazy day! Who can explain? - page 2.

Kemarit

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Quote from: barbara44 on December 23, 2017, 07:41:46 AM

Quote from: slashz9 on December 19, 2017, 02:00:34 PM

actually it's still low than before that can touch 20% in one day, this is crazy but that's the fact some people get rich hence, i also do not know why it can happen but i do not care as long as its price keeps going up, it gives a positive impression to me .ha ha ha ha

I don’t care about the percentage of the day, I just look at the price in dollars increased or decreased. I never calculate how many percent the change occur. The main thing is the recent price because form the price I guess losing and earning. The craziest months for me were the past 3 months when the price jumped from 4000 to 19000 dollars. The difference is about 15000 dollars. Isn’t it crazy?

Yeah, its been like a wild roller coaster ride from 3 months past. Breaking all-time-high, everyone in the forum is jumping for joy, irrational buyers getting it at top price, and almost hitting $20,000. Crazy times indeed.

Quote from: chocobo21 on December 23, 2017, 10:21:11 AM

Honestly i am more surprised by the way bitcoin went from 5000$ to 20 000$ in just a few weeks than the correction from yesterday. Because everyone was expecting a correction for bitcoin. Nothing can just go up forever, this correction is great for bitcoin and also altcoin it will help people who are waiting to join to be able to buy bitcoin at a good price. Now we are all expecting a big increase in price for bitcoin. Can't wait to see how the market is going to react.

Well the thing with the crash in the last 3 days is that no one can really explained what's happening. It is Roger Ver and schills making an attack on the network, clogging it with spam? Are they spreading FUD's around to pull the price of bitcoin once more? Are there some serious whales who just decided to get out of the market and dump all his coins, giving a domino effect of panic selling which wipe out billions of dollars in just a couple of days? However, its not only bitcoin but the whole crypto crashes. So for me its very intriguing and surprising as well as compare to the meteoric rise from $5000 to $20,000. Another crazy and bumpy experienced for all of us.

chocobo21

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Honestly i am more surprised by the way bitcoin went from 5000$ to 20 000$ in just a few weeks than the correction from yesterday. Because everyone was expecting a correction for bitcoin. Nothing can just go up forever, this correction is great for bitcoin and also altcoin it will help people who are waiting to join to be able to buy bitcoin at a good price. Now we are all expecting a big increase in price for bitcoin. Can't wait to see how the market is going to react.

pushkarmore

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I hope you have seen the correction which you were expecting. Now the crazy thing was that it even fallen the same way by which it has risen. Now you can do one thing here, just try to buy on the bullish candle at the end of correction so that you dont the bullish trend and now you are getting the bitcoin at cheaper rate.

barbara44

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Quote from: slashz9 on December 19, 2017, 02:00:34 PM

actually it's still low than before that can touch 20% in one day, this is crazy but that's the fact some people get rich hence, i also do not know why it can happen but i do not care as long as its price keeps going up, it gives a positive impression to me .ha ha ha ha

I don’t care about the percentage of the day, I just look at the price in dollars increased or decreased. I never calculate how many percent the change occur. The main thing is the recent price because form the price I guess losing and earning. The craziest months for me were the past 3 months when the price jumped from 4000 to 19000 dollars. The difference is about 15000 dollars. Isn’t it crazy?

mrp1994

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Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

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Casdinyard

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Quote from: gabmen on December 21, 2017, 03:49:21 AM

Quote from: Koadharber on December 19, 2017, 06:05:02 PM

Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

It not surprising on this jumps since we did already witness it when the price was on still $11k mark which sudden pumps do really happen on those times and lasted until it reaches 20k All time high. $2000 a day is really amazing but expect for having price corrections later on. For active day traders this would really be like a paradise because making money on those waves would really be there but somehow risky but would really be worth of to try.

Well as sudden as it pumped to 20k it, it dumped to around 16k in a matter of hours yesterday. You really would have to have nerves of steel in this crypto market to avoid making panicked mistakes. People who entered at 18-19k are probably nervous right now especially those who don't have that much experience yet with crypto markets

This is always the scenario, when it reach new ath expect that it will undergo some minor correction so probably panic won't do nothing. But yet this scenario makes people worry that it is somehow a bubble that will just burst any time and making some fuds that make others panic. So as traders let's just ne used to it and embrace the volatility of cryptos.

lelou

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I guess this is the day you've been waithing for OP, big jump results to big correction.

imdabest239

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Bitcoin probably had one of the most craziest days that it had during the last few months. It is amazing, but the price went down by more than 40% but now it is recovering towards the all time high.
$14,400 and it is still going up.

aencarnaci

sr. member

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Merit: 281

Quote from: MerrickMaverick on December 17, 2017, 11:47:35 PM

You have to look at the percentage, not at the USD value. It's only like 3,4% increase in the price...so. MEH... Measily 3,4 %

Either you see the percentage or you see the price itself in dollars, just see the up rise of bitcoin. Brother someone told me about this in the mid of November that the price will go till $20k at the end of this year and I rejected his statement. But yes this is happening right now. Bitcoins have crossed $19290 and still we have 12 days remaining. May this price cross $22000 this year?

Genrix

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Somebody in this thread asked about correction expectations. So, now you can see it in BTC and ETH, keep watching, how long it will be. I expect BTC on 7-8 thousand in next 6 month

StarofBTC

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Quote from: icologs on December 17, 2017, 11:18:29 AM

Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

Tomorrow will be the next record at the price of BTC or the BTC will jump down!

Bitcoin will go up tomorrow and that is for sure, and I am saying this with confidence because I am reading the analysis of some of the pundits who deal with the finance and they are claiming the bitcoin will go to 25,000 usd before the Christmas.

The stability in the price in the last week was because of the website crash incident which happened due to overflow of the traffic. Now, that overflow also show that the people from all over the world are taking interest in knowing about the bit coin.

gabmen

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Quote from: Koadharber on December 19, 2017, 06:05:02 PM

Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

It not surprising on this jumps since we did already witness it when the price was on still $11k mark which sudden pumps do really happen on those times and lasted until it reaches 20k All time high. $2000 a day is really amazing but expect for having price corrections later on. For active day traders this would really be like a paradise because making money on those waves would really be there but somehow risky but would really be worth of to try.

Well as sudden as it pumped to 20k it, it dumped to around 16k in a matter of hours yesterday. You really would have to have nerves of steel in this crypto market to avoid making panicked mistakes. People who entered at 18-19k are probably nervous right now especially those who don't have that much experience yet with crypto markets

Koadharber

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Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

It not surprising on this jumps since we did already witness it when the price was on still $11k mark which sudden pumps do really happen on those times and lasted until it reaches 20k All time high. $2000 a day is really amazing but expect for having price corrections later on. For active day traders this would really be like a paradise because making money on those waves would really be there but somehow risky but would really be worth of to try.

alfs75

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Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

We cannot define the real happen this value of bitcoin today maybe its a work of the wall street or not,because we have no proof,we already know that the bitcoin value is volatile and unpredictable because its not regulated,my only perception about this,why bitcoin price is rapidly growth because,more investor needed it and the supply is incapable because of many hoard,thats why the block chain market or trading site's buyer demand to increase its value for buying so that everyone sell there stock of bitcoins.

slashz9

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actually it's still low than before that can touch 20% in one day, this is crazy but that's the fact some people get rich hence, i also do not know why it can happen but i do not care as long as its price keeps going up, it gives a positive impression to me .ha ha ha ha

Notmyfault7

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I heard lots of fork coins would come later, so i guess more and more people are buying BTC for fork coins.

MerrickMaverick

newbie

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You have to look at the percentage, not at the USD value. It's only like 3,4% increase in the price...so. MEH... Measily 3,4 %

Drnice

sr. member

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The sudden rise in the bitcoin price is caused by many new investors who are coming into it, and some holders of bitcoin who are trying to make it look like bitcoin is scarce. The correction has been made and now, it is gradually increasing aging.

boboking

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Quote from: ariosky on December 16, 2017, 06:22:40 PM

BTC jump From $17400 to $19300. Almost $2000 a day. Too crazy to catch it.
Is it a work of the Wall Street? Any correction expected?

Well if you check the previous days of Bitcoin charts this is now common.

Wall street possibly because getting listed is one of the big catalyst that we reach the price today.

For the correction, Yes I believe that there will be a major correction that will happen in the future, I am not hoping for a crash but a little price pullback will be nice.

TeLlMeFrY

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Spanish Translator

It´s pretty standard if you see the charts of bitcoins. There are big ups and downswings, but luckily are more common the ups and this is the reason of the current value of bitcoin.

Topic: A crazy day! Who can explain? - page 2. (Read 733 times)