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

tabas

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Quote from: kobo_eth on November 02, 2017, 04:53:33 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, 09:11:46 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, 10:14:03 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.

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Quote from: BADecker on October 31, 2017, 09:11:46 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, 12:18:11 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, 09:33:22 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, 10:18:24 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.

KateDiamond

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Quote from: Reatim on October 31, 2017, 10:18:24 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.

All the crypto currency market is speculation. Why do you complain that someone is speculating?=)

Reatim

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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.

Baofeng

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Quote from: lucifochrome on October 31, 2017, 10:10:58 AM

This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump Shocked

Good strategy mate. Bitcoin nowadays is not for the weak and risk taker because it will really cause a big stress in your daily life. That's why buying at low and holding for long term is the best option for some of us. But for traders who is willing to risk to do day trading, they have advantages to make a good profit although it involves a lot of experience on their part. And I'm sure with the current price swing, there are a lot of big boys earning by the millions today.

argiyan.tri

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

lucifochrome

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This is not something for the faint hearted. If i were to trade in that then lose a substantial amount of bitcoin i might be having a heart attack. That is why i am just sticking to buying at the lowest possible price and hodl until the amount that i am aiming for have been reached. Saves me the hassle in looking into the chart and monitoring every second. If stock market is volatile then bitcoin is in another dimension when it comes to volatility. insane dump Shocked

Jating

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Quote from: dreamer81 on October 31, 2017, 10:02:42 AM

its because someone with loads of volume wanted to get in. Lots of fomos getting onboard now.
Im long from 700

Then FOMO are real. LOL. Yeah this price swings are not for the faint of heart although we love to see how things are going now. If went to $6400 briefly then went down again. hahahaha.

Quote from: Virman01 on October 31, 2017, 10:04:09 AM

If for beginners in the world of crypto may be very surprised to see the movement of bitcoin that goes along with the rollercoaster, but for those who already understand this is normal. Grin

For those who have really understand, then this is no surprised although as I have said, its really fun to see those kind of swings in a few minutes or hours. But for those who have joined the picture recently, its gonna be a mixed emotions for them, some might get nervous specially when it fall in couple of minutes, while others are enjoying seeing that they are making a profit (although small).

Kprawn

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Quote from: Red-Apple on October 31, 2017, 09:33:22 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.

Well, in the early days big fluctuations was common, because the whales was much bigger. I believe a lot of these whales has sold

some of their coins over the years, so the manipulation should have decreased. We also had less exchanges, so the volumes was

much bigger and it was easier to manipulate fewer exchanges. In theory, volatility should decrease even more, as bitcoins are

distributed more evenly. Grin

FoxTheHuman

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Quote from: BADecker on October 31, 2017, 09:11:46 AM

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

I do not care it has dump how much dollar but I know one thing for sure it has increased by $ 100 Grin

Virman01

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If for beginners in the world of crypto may be very surprised to see the movement of bitcoin that goes along with the rollercoaster, but for those who already understand this is normal. Grin

dreamer81

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its because someone with loads of volume wanted to get in. Lots of fomos getting onboard now.
Im long from 700

Voice-Of-Reason

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"look again" - by Morpheus in "The Matrix"

paolo099

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Quote from: olubams on October 31, 2017, 09:51:34 AM

Quote from: paolo099 on October 31, 2017, 09:14:42 AM

love this rollecoaster! in a couple of mins it went up for nearly 400$ and then back down, this crypto world is not for weak heart.
Sometime is really scary indeed, but there's still room for improvement (toward the top or the bottom) Cheesy

That's is the most important part because in a matter of minutes things might either change for the better or otherwise just like what is being witnessed not too long ago. But the issue is that a lot of people got into bitcoin with the wrong orientation which therefore affects the way they react to issues happen in the market. How I wish the way the people are happy they now they can show the same resilience in situations when the price is crashing to everyone amazement.

you, i like you.. great minds think alike!
You know why i'm not scared and will be an holder even if BTC would drop to 100$? Because the small amount i have was earned with hard work, giving advices, helping the community and so on, there was no investment involved (my financial situation is not the best ever), in all honestly, i don't know i would react if i would have invested real money, with my own money involved i would be so stressed because investing money i would have used to buy stuff i need (not luxury crap but useful things) it's a different story.

in00

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that how the big guys trick us

olubams

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Quote from: paolo099 on October 31, 2017, 09:14:42 AM

love this rollecoaster! in a couple of mins it went up for nearly 400$ and then back down, this crypto world is not for weak heart.
Sometime is really scary indeed, but there's still room for improvement (toward the top or the bottom) Cheesy

That's is the most important part because in a matter of minutes things might either change for the better or otherwise just like what is being witnessed not too long ago. But the issue is that a lot of people got into bitcoin with the wrong orientation which therefore affects the way they react to issues happen in the market. How I wish the way the people are happy they now they can show the same resilience in situations when the price is crashing to everyone amazement.

no0dlepunk

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I wish I didn't stopped gunbot from doing he's thing. Ha ha! It could have been fun if I earned some USDT on that quick jump. Anyway, I'll watch the movement and try to get some money out of it. I was thinking earlier to maybe margin trade this whole day.

ColdZerk

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Why the price is rising? I thought if there is a danger of Segwit2x - people will sell BTC and buy Alts/USDT. Crazy time,guys!

BADecker

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Check again - https://bitcoincharts.com/charts/bitstampUSD#rg2ztgSzm1g10zm2g25zv.

Cool

hasmukh_rawal

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It definitely is a joy ride for those who are holding BTC at the moment. Time for some party. I must say that it was real difficult to find the dump since the majority of pump took over the slight dump. BTC is increasing so quickly I fear there is gonna be a dump in near future.
The price has increased almost $400 within the past 24 hrs and this huge increase in price indicates a short dump for sure.
The China Hype and the upcoming fork might be the reason behind this pump in price.

Wexnident

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Quote from: BADecker on October 31, 2017, 09:11:46 AM

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

It's like a roller coaster. Its market value falls and increases from time to time. And in that graph, it shows that the increase is still bigger than the bacdrops which is also another reason on not to worry whenever there are declines on its market value. So thw best thing to do is to still hold and wait patiently.

Red-Apple

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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.

BADecker

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Check again - https://bitcoincharts.com/charts/bitstampUSD#rg2ztgSzm1g10zm2g25zv.

Cool

Ailmand

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Quote from: BADecker on October 31, 2017, 09:11:46 AM

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

Well that's part and parcel of bitcoin trading. Bitcoin marketers already know of this trend, and its seemingly insane volatile value that affects how much it's worth in a blink of an eye. Having said, people who is in the bitcoin market, especially for traders, to study the market as well as apply due consideration before investing or doing any trades.

geac.xraekhurcoe

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The $100 dump looks non existent, but the volumes are so high that graphic got mixed

paolo099

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love this rollecoaster! in a couple of mins it went up for nearly 400$ and then back down, this crypto world is not for weak heart.
Sometime is really scary indeed, but there's still room for improvement (toward the top or the bottom) Cheesy

BADecker

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

Topic: Bitcoin just jumped $200, and then dumped $100... (Read 1038 times)