Topic: Bitcoin hit $280 (Read 3714 times)
was the greece stuff, but since it is solved now(more or less), the prices are as they are now
Since this thread has been opened(created) it has been passed 13 days.
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
Within the range $240-$300.
from my point of view the range is more like $250-$299 definitely not below $250 as that would make us lose precious ground.
Since this thread has been opened(created) it has been passed 13 days.
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
Within the range $240-$300.
Since this thread has been opened(created) it has been passed 13 days.
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
Around 2 weeks and the bitcoin has changed it price time by time.
But at the end of these 2 weeks it is still the same ~280$
When are we going to hit $300
We are going to be hitting 300 before the summer ends, I think its a pretty safe thing to predict. We've hit 300 already in 2 occasions, there's no 2 without 3, and the third time it may be too late to keep waiting for lower prices.We are also very close to $280. There have been predictions that Bitcoin will be worth $400 in the next year, so it is a way up from here.
I think it was greece. Because when it showed up that they will get fresh money the price dropped. It dropped again when it was clear they will get some.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
i think it was more usual bitcoin traders that got dissapointed after the greece announcement. they quickly sold their stash they bought for at that day a premium.
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Exactly what i think too. The rise in bitcoin price did not come from greeks finally buying bitcoins, they did not have the money to do so anyway, but they came from bitcoin traders awaiting a repeat of the price rising that happened with the cyprus situation.
They were right. Selffulfilling prophecy.
Well, hype or not being triggered by greece, we are 10 days later and the price hasn't crashed back, we are still holding steady on the 280 area, which is great news. Let's hope for a long period of time on this 280-300 range. I seriously don't understand the people that cannot wait for the ride to start. What's the point? Unless you already got tons of BTC sticking, I don't understand how this low stable price isn't great news for you.
Your'e right. I had awaited that it crashed earlier but i still think the chance is high. The market does not know if it should go up. But no one thinks all is lost too. Unfortunately in these situation, when the volatility gets lower and lower, it will crash at one point. Especially when the flat price line will break the up trendline that way.
Of course it's no sure thing but i think the chance is still high.
When are we going to hit $300
We are going to be hitting 300 before the summer ends, I think its a pretty safe thing to predict. We've hit 300 already in 2 occasions, there's no 2 without 3, and the third time it may be too late to keep waiting for lower prices.
When are we going to hit $300
I think it was greece. Because when it showed up that they will get fresh money the price dropped. It dropped again when it was clear they will get some.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
i think it was more usual bitcoin traders that got dissapointed after the greece announcement. they quickly sold their stash they bought for at that day a premium.
[/quote
Exactly what i think too. The rise in bitcoin price did not come from greeks finally buying bitcoins, they did not have the money to do so anyway, but they came from bitcoin traders awaiting a repeat of the price rising that happened with the cyprus situation.
They were right. Selffulfilling prophecy.
Well, hype or not being triggered by greece, we are 10 days later and the price hasn't crashed back, we are still holding steady on the 280 area, which is great news. Let's hope for a long period of time on this 280-300 range. I seriously don't understand the people that cannot wait for the ride to start. What's the point? Unless you already got tons of BTC sticking, I don't understand how this low stable price isn't great news for you.
I think it was greece. Because when it showed up that they will get fresh money the price dropped. It dropped again when it was clear they will get some.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
i think it was more usual bitcoin traders that got dissapointed after the greece announcement. they quickly sold their stash they bought for at that day a premium.
[/quote
Exactly what i think too. The rise in bitcoin price did not come from greeks finally buying bitcoins, they did not have the money to do so anyway, but they came from bitcoin traders awaiting a repeat of the price rising that happened with the cyprus situation.
They were right. Selffulfilling prophecy.
I think it was greece. Because when it showed up that they will get fresh money the price dropped. It dropped again when it was clear they will get some.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
i think it was more usual bitcoin traders that got dissapointed after the greece announcement. they quickly sold their stash they bought for at that day a premium.
I think it was greece. Because when it showed up that they will get fresh money the price dropped. It dropped again when it was clear they will get some.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
I don't think china is involved. Even though they have problems, there is no reason to go into bitcoin. But greece is different. They don't have a currency and want to safe their money. China has a stable currency, no need to go to bitcoin.
We will see over $400 in the next 12 months. There's a good probability we'll see WAY over $400, especially with the next halving 54 weeks away. Anyone who says that it's already priced in is wrong - see: Litecoin's activity with 45 days left.
I would agree. We have already reached $290+ this morning. There are positive signs that Bitcoin is adjusting itself to the right value, even without any major news related. The halving is scheduled for 2016-07-28 ,and I'm pretty sure that we are going to see strong movements once that happens.
That must've been a fucking huge amount. The price is still soaring. 293 right now. Really amazing.
The Litecoin market is not big enough to move Bitcoin this much. I noticed LTC is being dumped for BTC and I think that explains the huge rise
not really, bitcoin was pumped to 250 before the litecoin pump ended, and then again to 266 before the dump of litecoin, that appeared today, they are not 100% correlated
i think someone with a big amount of money(probably who's bought litecoin when it was at 0.002) dumped everything today to switch to bitcoin, and has raised the price to almost 300
I noticed LTC is being dumped for BTC and I think that explains the huge rise
not really, bitcoin was pumped to 250 before the litecoin pump ended, and then again to 266 before the dump of litecoin, that appeared today, they are not 100% correlated
i think someone with a big amount of money(probably who's bought litecoin when it was at 0.002) dumped everything today to switch to bitcoin, and has raised the price to almost 300
Wedbush report says that we should expect $400 in the next 12 months.
However, I could see this happen even this summer. Although I think that people need to calm and not hype this too much. The problem is that there will be a bigger loss of confidence/panic if we do not achieve the desired price range/go down. For now I would like the price to stabilize a bit above $300. If the price increases too quickly, that's not a good thing either.
However, I could see this happen even this summer. Although I think that people need to calm and not hype this too much. The problem is that there will be a bigger loss of confidence/panic if we do not achieve the desired price range/go down. For now I would like the price to stabilize a bit above $300. If the price increases too quickly, that's not a good thing either.
We will see over $400 in the next 12 months. There's a good probability we'll see WAY over $400, especially with the next halving 54 weeks away. Anyone who says that it's already priced in is wrong - see: Litecoin's activity with 45 days left.
Wedbush report says that we should expect $400 in the next 12 months.
However, I could see this happen even this summer. Although I think that people need to calm and not hype this too much. The problem is that there will be a bigger loss of confidence/panic if we do not achieve the desired price range/go down. For now I would like the price to stabilize a bit above $300. If the price increases too quickly, that's not a good thing either.
However, I could see this happen even this summer. Although I think that people need to calm and not hype this too much. The problem is that there will be a bigger loss of confidence/panic if we do not achieve the desired price range/go down. For now I would like the price to stabilize a bit above $300. If the price increases too quickly, that's not a good thing either.
It's going to hit $600 this month. That is word on the bitcoin block.
TY Grexit. I doubt it can hit there so quickly, but we should hope for over $300 closing at the end of this week.
Here's an interesting inverse, Litecoin: https://www.coingecko.com/en/coins/litecoin
The opposite way to the BTC spike. Don't know if it's really that, but Litecoin made a large rally over the last few days.
The opposite way to the BTC spike. Don't know if it's really that, but Litecoin made a large rally over the last few days.
Perfect timing, someone is selling huge amount of litecoin today, price dropped 50% in a couple of hours, again proved that litecoin is a pump and dump instrument
It is similar on bitcoin, obviously a planned pump by Chinese exchanges, all of them showing a large spike of short squeeze, I guess all the people who were shorting bitcoin were wiped out
It's pretty much what I did with a small short Litecoin position, put the BTC into LTC, made a profit, and then back into BTC. There were some large numbers going down though. People that had probably held LTC for some time getting shot of it all the way up. Thousands of LTC here and there all the way along from what I saw.
Chinese are finding bitcoin to invest from their $1.3T market take off last week.I see another spike soon.
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