Bitcoin just jumped $200, and then dumped $100...

tabas

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Quote from: kobo_eth on November 02, 2017, 05:53:33 AM

Is it realistic that btc will hit 10k pricetag before the fork in 2 weeks?
Everyone seems to buy now in order to get the free b2x....

I don't want to say that it is not realistic that it will come on $10,000 for only 2 weeks. And we are now at $7,400 and it's possible but I guess it's lacking of time for bitcoin of doing it so, unless the bull will be heading full speed a head.

HabBear

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Quote from: BADecker on October 31, 2017, 10:11:46 AM

... all in the space of a few seconds. Check the time-stamp.

That sounds about right.

As the base price for bitcoin increases the nominal amount of the swings up and down we'll get larger, but on a percentage basis it's probably not much different from normal.

A $100-200 swing is a 3% move. That's $10-20 move when bitcoin was at $1000.

BADecker

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kobo_eth

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Is it realistic that btc will hit 10k pricetag before the fork in 2 weeks?
Everyone seems to buy now in order to get the free b2x....

BADecker

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fabiorem

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Just another day in bitcoinland, OP. Nothing to worry about.

Looks like is trying to consolidate a $6000 floor.

shesheboy

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Quote from: argiyan.tri on October 31, 2017, 11:14:03 AM

Bitcoin prices are heart-shocking, but believe me all is fine, because bitcoin prices are like that every day.

yeah it is verry shocking to see that its value is rising quickly but it is not fine or usuall to see that its price is rapidly going up , as we all know in the past days of bitcoin, its value is only stable at 3500 to 4000$ and also going down sometimes but not these days because it is merely jumping day by day thats why most of us are reasonably happy because they see that they've already made a profit in just a short time.

Vatimins

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Quote from: BADecker on October 31, 2017, 10:11:46 AM

... all in the space of a few seconds. Check the time-stamp.

Watching these kind of charts on the internet about Bitcoins, i just cannot help but feel amazed. Bitcoin is just amazing. Imagine bitcoin's humble beginnings amd try to campare it to where bitcoin iis now today. The journey was just magical. I kean, who would've predicted that bitcoins would rise so much in just a pretty short period of time? No one can really deny the greatness of the coin and the minds behind it.

pat4cryptoreal

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Anyone that have been in the business of trading will not panic over the fluctuation in price of bitcoin no matter degree of fluctuation. The price can change just in a jiffy.

Manchumichael

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Quote from: Plie on October 31, 2017, 01:18:11 PM

It has become very common in the next year, but surprisingly enough, I have never saw anyone talking about it before you.

This kind of dump and pump we are seeing it from last few months that is why no one is talking about this topic.

Harlot

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Look at those massive volumes. By the way am I the only one who notice in the hourly chart that the volume is decreasing? Meaning that the market is already settling in and no more sellers are participating the lowered the price. Anyways that is how it works from 6100$ to 6380$ a very good profit for those who are looking for a day trade. Expect a more bumpy ride in the next few days as profit taking might soon start.

Plie

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It has become very common in the next year, but surprisingly enough, I have never saw anyone talking about it before you.

Dan D. Lion

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A move of $100 or $200 for an underlying asset that is worth over $6,000 isn't really such a big move, especially considering Bitcoin's relative "newness".

Ben.Lock

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BTC keeps on going up,
What will happen after the fork?
Are we going to witness a crazy huge dump?

mycryptobiz

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Quote from: Red-Apple on October 31, 2017, 10:33:22 AM

since when do we get excited about 3% fluctuations in bitcoin?

i remember when i started price moved 10% and people were just saying "it is bitcoin, that's normal". then 20% was a big movement that people started thinking about it. then 30-40% were something to make a topic about.

Yes you nailed this there is no reason this should be a concern we almost see this every week.
if this movement obsereb in usd/eur pair.
We could say yeah thats a huge thing.
But in bitcoin this kind of price moment doesn't concern at all.

diskodasa

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For me, It's normal. I knew it will raise up. The prediction is $100,000 in 2020. Did you buy Bitcoin yet? Grin

btcprospecter

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This is the rolercoster of the world of bitcoin as a means of investing and trading there is plenty of money to made trading expecially as it is as volatile as it is.

Dudeperfect

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What could be the possible reason? I think, there might be the involvement of margin traders and they trade huge amount with high leverage for short time span considering the sentiments of the market for the same. However, I am not surprised with such incident as in a wild behaviour like current market movements, everyone would try to en-cash the opportunities and this price graph highlights the same.

jmxcursi

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HODL ON TIGHT! Roll Eyes

Ekanenf

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Quote from: Reatim on October 31, 2017, 11:18:24 AM

I don't like what I'm seeing, looks like someone from behind is manipulating the price to their advantage. The price swing is not organic for me, the only one that is benefiting from all of it is the whales. As much as this practice is really fraudulent, we cant really do anything about it. I hope casual traders are not swept by this market manipulators though, and hope that they can at least get a share from the profit today.

I hope what you're saying is wrong because it is really true then those whales or big investors could easily make bitcoin's go low and made those small investors such as us lose some money. I do hope that it's just a wrong sell order made by someone but if not then goodluck.

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