Bitcoin increased this Holloween Season.

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Quote from: mistanama on October 31, 2017, 09:47:33 PM

Bitcoin increased this Holloween Season. What is the possible reason?

The major reason why the price of bitcoin increased during this Halloween season is we are close to the B2x hard fork.

Quote from: mistanama on October 31, 2017, 09:47:33 PM

What can you say about this. Is it a holloween joke or does it happen naturally?

No jokes, it's normally happening when we are close to that event. People that are into alts are transferring their money to bitcoin after selling those alts.

Quote from: mistanama on October 31, 2017, 09:47:33 PM

Is there a big fall in the next days?

Yes, it's possible not too big but a possible correction.

Quote from: mistanama on October 31, 2017, 09:47:33 PM

What is the reason why bitcoins increased by $ 6,500 and went to $ 7,000. It's surprising because at the same time it's halloween can someone explain why it's happening

Supply and demand, as we are near to the fork the demand goes higher.

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Quote from: Sarveshjagga on November 01, 2017, 12:46:21 PM

Today it was a havoc in india . zebpay had awrong price of bitcoins.. many benefitted

Is it? I remember my brother texting me Bitcoin was up to 5 Lakhs INR on Zebpay. But I didn't care so much sinceegen the global prices were increasing. But if it was a glitch then thats crazy!!

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Quote from: Sarveshjagga on November 01, 2017, 12:46:21 PM

Today it was a havoc in india . zebpay had awrong price of bitcoins.. many benefitted

how then benefitted?? Curious!!

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I dont know where did you check btc but as i saw it doesn't cross 7k mark. And yes it's for sure that bfc price is not increasing because of Halloween.
Weather btc price is increasing or decreasing we should enjoy the cryoto king.

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Today it was a havoc in india . zebpay had awrong price of bitcoins.. many benefitted

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Quote from: mistanama on October 31, 2017, 09:47:33 PM

Is it a holloween joke

Yes. People spent billions of dollars orchestrating a massive market movement of several hundred dollars in an asset with a market cap of over $100,000,000,000. Hilarious!

And they chose Halloween to do it too, a time that's known for joking around!

/s

Quote from: mistanama on October 31, 2017, 09:47:33 PM

What is the reason why bitcoins increased by $ 6,500 and went to $ 7,000.

What's the reason why it went anywhere above about $1000? Minor pieces of news that are being used to justify a much more dramatic increase. It's not like the transaction volume or even transaction capacity has increased that much, never mind actual adoption or usage by merchants.

Quote from: mistanama on October 31, 2017, 09:47:33 PM

It's surprising because at the same time it's halloween

It's surprising because at the same time somewhere out there a dog is on fire.

pooya87

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i don't know where you are checking the price but bitcoin never went above $64xx. there is still a long way to $7000. and there really shouldn't be a reason for this rise, it is not that big a deal unless it actually goes above $7000.

in any case this sudden rise is associated with this news:
https://www.ft.com/content/1c9f468a-be53-11e7-9836-b25f8adaa111

Quote

CME Group, the world’s largest exchange operator by market value, is readying plans to offer futures on bitcoin, giving momentum to cryptocurrencies’ move away from the fringes of finance.

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Bitcoin increased this Holloween Season. What is the possible reason?
What can you say about this. Is it a holloween joke or does it happen naturally? Is there a big fall in the next days? What is the reason why bitcoins increased by $ 6,500 and went to $ 7,000. It's surprising because at the same time it's halloween can someone explain why it's happening

Topic: Bitcoin increased this Holloween Season. (Read 232 times)