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Topic: Bitcoin at $475 on bitstamp!! - page 3. (Read 2225 times)

legendary
Activity: 1512
Merit: 1000
May 27, 2016, 05:29:12 AM
#17
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?

FOMO   - Fear Of Missing Out. As halving creeps nearer and nearer, the window of opportunity for buying bitcoin at relatively cheap prices becomes smaller and smaller. More and more people are only just now starting to realize this and are buying their tickets en masse before the train pulls out of the current station.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
May 27, 2016, 04:45:50 AM
#16
Damn and I cashed out some the other day. Bad luck.

@ontopic what do you guys think could have caused this surge? IMO it's still early for the halving surge.
full member
Activity: 168
Merit: 100
May 27, 2016, 04:37:57 AM
#15
2 days ago were were all wondering if it was ever going to reach 450, and it zipped past 450 easily on today. So yeah, it will pass 500 next week if it survives the weekend with no crash. Grin
legendary
Activity: 1568
Merit: 1005
beware of your keys.
May 27, 2016, 04:33:42 AM
#14
520$ at the end of the month.. Bitcoin climbed +20 this day, yesterday it was at 450 now skyrocket at 476 ,,well see 500$ marked this coming days so be ready for it.

how can you predict that the bitcoin will go 520? you know, if this is a bump, then you should know what you are predicting is being trolled.
the bitcoin block is halving though.
legendary
Activity: 3080
Merit: 1500
May 27, 2016, 04:26:01 AM
#13
Halving is approaching, that's why people are buying more bitcoin.

The reason for this increase, is the trading volume increased on buying side. IT will continue for some time now.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 27, 2016, 04:21:58 AM
#12
it's about damn time. the eth pump has stopped and now all the investors are dumping their coins to cash out and buy bitcoin again.
this was expected from the beginning. the fact that bitcoin price is still below $500 is strange not the fact that it has risen up to >$475
sr. member
Activity: 406
Merit: 250
May 27, 2016, 04:20:53 AM
#11
The price is not going to rise much above $500, the backlog of transactions won't let it.
full member
Activity: 126
Merit: 100
May 27, 2016, 04:20:42 AM
#10
520$ at the end of the month.. Bitcoin climbed +20 this day, yesterday it was at 450 now skyrocket at 476 ,,well see 500$ marked this coming days so be ready for it.
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
May 27, 2016, 04:19:26 AM
#9
Prolly to do with people dumping eth and lisk, buying btc and plus the halving.. booms, best price for months to come
full member
Activity: 179
Merit: 250
May 27, 2016, 04:16:16 AM
#8

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

yes it's still far enough I think to approximate halving. but I do not know whether this effect of halving, or pure bitcoin prices are on the rise.

OP : I even saw in huobi it reaches $497.

ETH is headed south on high vol. Dumping ETH and moving back into BTC?
legendary
Activity: 1960
Merit: 1026
May 27, 2016, 04:11:16 AM
#7

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

yes it's still far enough I think to approximate halving. but I do not know whether this effect of halving, or pure bitcoin prices are on the rise.

OP : I even saw in huobi it reaches $497.
full member
Activity: 141
Merit: 115
May 27, 2016, 04:09:41 AM
#6

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

Well I certainly didn't miss the halving news. I meant latest news.

full member
Activity: 179
Merit: 250
May 27, 2016, 04:07:47 AM
#5

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

That does not account for the huge surge in volume.  I would say insitutional buying
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 27, 2016, 04:04:43 AM
#4

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased
full member
Activity: 179
Merit: 250
May 27, 2016, 04:04:22 AM
#3
the trading volume is through the roof!
full member
Activity: 141
Merit: 115
May 27, 2016, 04:02:50 AM
#2

Any news that I might have missed in regards to price jump ?
legendary
Activity: 1148
Merit: 1000
May 27, 2016, 03:59:06 AM
#1
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?
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