any reason for the prices going up today ?

fonsie

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Quote from: falllling on August 20, 2014, 04:44:53 AM

Quote from: DRK on August 20, 2014, 03:31:51 AM

Quote from: BitcoinBarrel on August 19, 2014, 08:49:45 AM

That $300 sell order was a bit strange you have to admit.

Very very unusual. Someone really panicked

inside info? downfall of bitcoin incoming? bug found? huge world ban? satoshi / big whale is going to cash out?

inside info? NO
downfall of bitcoin incoming? NO
bug found? NO
huge world ban? NO
satoshi / big whale is going to cash out? NO

Now you tell me why it went down...? In suspense awaiting, with what bullshit answer you come up next.

AceWallen

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Quote from: DRK on August 20, 2014, 03:31:51 AM

Quote from: BitcoinBarrel on August 19, 2014, 08:49:45 AM

That $300 sell order was a bit strange you have to admit.

Very very unusual. Someone really panicked

if i were.... a less ethical person.... *ahem*.... and i had a lot of bitcoin. i might, knowing BTC-E's orderbook, initiate a string of stops and margin calls right into my bids. instant 20-30% gain right there.

like the rest of the market is gonna follow BTC-E, right? so then you're back in the money instantly...

Wafel16

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What all bad occured[dumping of coins and selling low] is gone now, and BTC will recover. The rate is slow yet consistent. However don't expect exponential rise.

falllling

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Quote from: DRK on August 20, 2014, 03:31:51 AM

Quote from: BitcoinBarrel on August 19, 2014, 08:49:45 AM

That $300 sell order was a bit strange you have to admit.

Very very unusual. Someone really panicked

inside info? downfall of bitcoin incoming? bug found? huge world ban? satoshi / big whale is going to cash out?

DRK

full member

Activity: 128

Merit: 100

Quote from: BitcoinBarrel on August 19, 2014, 08:49:45 AM

That $300 sell order was a bit strange you have to admit.

Very very unusual. Someone really panicked

FattyMcButterpants

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Quote from: FattyMcButterpants on August 19, 2014, 05:29:39 PM

anyway, it's a "sucker rally" for now. but could prove otherwise. need to wait and see me thinks.

yep, it was a sucker rally me thinks. time to retest the lows. $400 and under is off the table by no means this time. let the chips fall where they may -- just be sure to keep some low bids for them margin calls. Wink

nuff

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the reason? the resilience of bitcoin. at $300 practically all miners would need to shut down because they are only generating losses.

falllling

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Quote from: BitcoinBarrel on August 19, 2014, 08:49:45 AM

That $300 sell order was a bit strange you have to admit.

they are just some hurry smart money running because they see the downfall of bitcoin, next week we might hit $2xx

FattyMcButterpants

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Quote from: crocko on August 19, 2014, 02:42:38 AM

Hi !

This is crazy, yesterday, the Bitcoin price hit ~$300 on BTC-E, now is climbing again from $470.
Are we escaped from the bear trap ?
Here come another question: why on Bitstamp the rices are always highest than rest of the exchanges ?

the ~$300 was just a result of margin calls, didn't see that on other exchanges obviously, so that's not the best starting point. arbitrage filled the gap.

anyway, it's a "sucker rally" for now. but could prove otherwise. need to wait and see me thinks.

silversmith

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When falllling wakes up on the right side of the bed bitcoin goes up. When he wakes up on the left side bitcoin goes down. Back test it and see for yourself. The numbers don't lie.

datehunter

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The reason for today rally could be that we have really hit the bottom price.

KIRAZ

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That was coz of Margin call and leveraged traders, looks like they have done the damage already now it will be head back to normal.
Look at the chart right there : http://www.reddit.com/r/BitcoinMarkets/comments/2dvo1k/margin_cascade_on_btce/

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

That $300 sell order was a bit strange you have to admit.

dbshck

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Crypto Swap Exchange

Quote from: zeroday on August 19, 2014, 06:35:13 AM

Look at BTC price graphs for April-August of 2013. History repeats.

BTCmaster3

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Quote from: crocko on August 19, 2014, 02:42:38 AM

Hi !

This is crazy, yesterday, the Bitcoin price hit ~$300 on BTC-E, now is climbing again from $470.
Are we escaped from the bear trap ?
Here come another question: why on Bitstamp the rices are always highest than rest of the exchanges ?

I dont think the $300 is the actual price of the btc, some big whale just panic sold off and crash the btc-e market..

fonsie

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Quote from: falllling on August 19, 2014, 06:45:44 AM

Quote from: PenAndPaper on August 19, 2014, 06:40:23 AM

Someone sold all his coins and now the prices returning to normal.

do NOT buy in $48x trap now! it's a fake bounce! $300 crash soon!

What do you mean... Crash?? what crash.

We have gone to 480$ from 300$, seems like a 180$ rise to me.

Bitcoin looking good... very few cats, all bullish, you not understand how worky?

Capt Drake

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We are in a bear trap, just like last week, the price recovered a bit and then.. BAM!

spazzdla

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Quote from: onlyu on August 19, 2014, 03:13:28 AM

Weak hand and margin call wipe out a lot of over leveraged traders.

What remain now is people who are true believer in bitcoin.

IMO not yet there will be more pain.. but soon. I am calling feb 2015 for a rally.

falllling

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Quote from: PenAndPaper on August 19, 2014, 06:40:23 AM

Someone sold all his coins and now the prices returning to normal.

do NOT buy in $48x trap now! it's a fake bounce! $300 crash soon!

PenAndPaper

sr. member

Activity: 252

Merit: 250

Someone sold all his coins and now the prices returning to normal.

Topic: any reason for the prices going up today ? (Read 1987 times)