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Topic: Altcoin Sub Fans... Time to Let Go of Your Altcoin and Buy Bitcoin - page 3. (Read 6326 times)

legendary
Activity: 1090
Merit: 1000

Quote
Time to Let Go of Your Altcoin and Buy Bitcoin

By the looks of things that is exactly what is happening.  Most everything taking a nose dive. If btc can settle down to a nice high price some alts will quickly recover. Those with lots of btc will buy up the bargain basement prices I'm sure.
legendary
Activity: 924
Merit: 1000
pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?

I would say the weakening yen is mostly to blame. China's economy is on pretty shaky grounds. The increase in the US dollar is also hurting China's exports, It's like a perfect storm to drive Bitcoins price to the moon as they say. And the European Court ruling that cryptocurrency is a real valid currency is just more fuel in the tank.

Or it's probably Karpeles.  Grin


Or Cyprus again. Wink
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
that was just a mtgox joke.

j

Were you joking though?  Current run really does look like Willy.
hero member
Activity: 938
Merit: 500
that was just a mtgox joke.

j
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
hero member
Activity: 938
Merit: 500
oh so this is WillyBOt. part DUEX

j
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
I am suprised how well people last year speculated that 2015 would be a low, and all of the sudden at the end of the year its on a rally.  so it is possible to guess what happens ahead with bitcoin. I wish i was better at that.

j





damn should have added some "big trouble in little china" picture.

No one can really predict the market.  Only Karpeles can.

#rememberkarpeles
hero member
Activity: 938
Merit: 500
I am suprised how well people last year speculated that 2015 would be a low, and all of the sudden at the end of the year its on a rally.  so it is possible to guess what happens ahead with bitcoin. I wish i was better at that.

j





damn should have added some "big trouble in little china" picture.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
BTC breaking out again.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?

I would say the weakening yen is mostly to blame. China's economy is on pretty shaky grounds. The increase in the US dollar is also hurting China's exports, It's like a perfect storm to drive Bitcoins price to the moon as they say. And the European Court ruling that cryptocurrency is a real valid currency is just more fuel in the tank.

Or it's probably Karpeles.  Grin
full member
Activity: 196
Merit: 100
Digital Credits
pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?

I would say the weakening yen is mostly to blame. China's economy is on pretty shaky grounds. The increase in the US dollar is also hurting China's exports, It's like a perfect storm to drive Bitcoins price to the moon as they say. And the European Court ruling that cryptocurrency is a real valid currency is just more fuel in the tank.
hero member
Activity: 770
Merit: 504
Watch the Chinese exchanges; that's where the volume is coming from and every day it's growing.  It's apparent that some whales in China are pushing the price up.  Whether it can hold or not, or whether this is a few isolated guys pumping the price of a legitimate Chinese whale rush into bitcoin remains to be seen. 
 
If it is a few serious Chinese billionaires and millionaires trying to own an early piece of the bitcoin pie though, this could cray-cray really fast.
newbie
Activity: 12
Merit: 0
pretty unbelieveable run going right now.  Does anyone have any real tanglble reason for the increase?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
You guys thnk this will hold?  Sold some already...

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
^ Exactly.  We all know people who talk bs on here usually are highly elated or sourgraping.
hero member
Activity: 770
Merit: 504
Well, if I know anything about vertical price acceleration, it's that it continues forever.  
  
I'm looking forward to $8000/BTC by thanksgiving at this pace.

Nah.  1200 is good.

#rememberkarpeles
 
  
inb4 "The bubble to $13,000 wasn't a real price movement; it was artificial created by a few insider Chinese trying to escape the Yuan.  Bitcoin is doomed.  Once those few insider Chinese billionaires cashed out, the price fell back to $3500 within a year.  Soon it will be in triple digits, then double digits again.  Then zero.  Because bitcoin is worthless.  #RememberHuateng"
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Well, if I know anything about vertical price acceleration, it's that it continues forever. 
 
I'm looking forward to $8000/BTC by thanksgiving at this pace.

Nah.  1200 is good.

#rememberkarpeles
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...

Yup.  Watch it intensely.  See if it breaks that.
hero member
Activity: 770
Merit: 504
Well, if I know anything about vertical price acceleration, it's that it continues forever. 
 
I'm looking forward to $8000/BTC by thanksgiving at this pace.
full member
Activity: 126
Merit: 100
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