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Topic: Bitcoin Price from 237.00 to 262.00 In One Day with NO NEWS (Read 4289 times)

full member
Activity: 197
Merit: 100
This kind of growth that is not driven by the news cycle is good solid growth.
sr. member
Activity: 294
Merit: 250
if bitcoin price come in news its sure that then price will come down traders will sell their bitcoins and you know then what will happens

hope bitcoin will go up to 300$
full member
Activity: 154
Merit: 100
That Darn Cat
Another US bitcoin auction incoming
Government likes to push the price up for the bidders XD
Kidding but it would be a nice gesture

http://dealbook.nytimes.com/2015/02/18/u-s-announces-third-bitcoin-auction/

Haha.  Yeah, that seems to be what everyone thinks on here today.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Another US bitcoin auction incoming
Government likes to push the price up for the bidders XD
Kidding but it would be a nice gesture

http://dealbook.nytimes.com/2015/02/18/u-s-announces-third-bitcoin-auction/
legendary
Activity: 1512
Merit: 1011
I think kim dotcom recent tweet that he will involve in bitcoin drives the price up
it's good to see big player in sharing file industry involved in bitcoin world, many speculators take this as good sign and bought some coins
and articles from big economic media like WSJ about bitcoin is help the prices too!

Kim is more like a public figure influence, than he is some big investor , are not his financial goods seized mostly ?
I believe the increase has more to do with this
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094 , as posted above.
Just seams more logical, and also more important.

cheers
yeah you're right, it seems kim dotcom twitter influence attract some people to buy bitcoin. He has a lot follower for sure
megaupload was seized by FBI few years ago, and he moved his business to New Zealand.
WSJ article about bitcoin seems the possible key factor cause price goes up. As for economic portal, WSJ has a lot investor/trader subscriber
i'm sure many of them interest to invest in bitcoin Smiley
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
I think kim dotcom recent tweet that he will involve in bitcoin drives the price up
it's good to see big player in sharing file industry involved in bitcoin world, many speculators take this as good sign and bought some coins
and articles from big economic media like WSJ about bitcoin is help the prices too!

Kim is more like a public figure influence, than he is some big investor , are not his financial goods seized mostly ?
I believe the increase has more to do with this
http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094 , as posted above.
Just seams more logical, and also more important.

cheers
legendary
Activity: 1512
Merit: 1011
I think kim dotcom recent tweet that he will involve in bitcoin drives the price up
it's good to see big player in sharing file industry involved in bitcoin world, many speculators take this as good sign and bought some coins
and articles from big economic media like WSJ about bitcoin is help the prices too!
legendary
Activity: 1762
Merit: 1011
There has been relevant news in the finance industry:

"BIT Poised to Become Publicly Traded Bitcoin Fund -- Fund has been racing against rival offering from Cameron and Tyler Winklevoss"

http://www.wsj.com/articles/bitcoin-investment-trust-gets-finras-ok-to-become-public-bitcoin-fund-1425242094

As well as more coverage in the print version of the WSJ (here's the digital version):

http://www.wsj.com/articles/do-cryptocurrencies-such-as-bitcoin-have-a-future-1425269375
sr. member
Activity: 280
Merit: 250
Relax!
It's speculation, man... Bitcoin doesn't do too well when it comes to positive news, anymore. It's more and more speculation that actually drives the price now. I think it's good, no one needs artificial pumps!!!
legendary
Activity: 3472
Merit: 10611
what are you talking about. there is always some news circling around bitcoin every day! everyday you can see somewhere starting to use or mention bitcoin while some other place stopped accepting bitcoin
hero member
Activity: 728
Merit: 500
Bitcoin has always been mostly fueled by speculation. The funny thing about speculation is that it doesn't need any news or new money to reach new heights... This could be the real deal, a real trend reversal, finally!

I would disagree with you slightly - on the part about not needing new money.  Sure, there's plenty of money still in this space from the last run-up, but given that the supply of BTC is higher now than it was then, there would likely need to be some amount of new money to hit the same point, and also more to exceed it.

That said, I think there's plenty of speculation money paying attention after seeing what BTC did most recently in 11/13, which quickly followed 4/13.  There's money to be made.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Bitcoin has always been mostly fueled by speculation. The funny thing about speculation is that it doesn't need any news or new money to reach new heights... This could be the real deal, a real trend reversal, finally!
legendary
Activity: 1596
Merit: 1000
Its bcoz of the BIT news...
full member
Activity: 120
Merit: 100
Matt or Jack? Why not both!
on bitcoinwisdom the average price is around $277 now, we can see $300 in 1-2 days
https://bitcoinwisdom.com/
full member
Activity: 196
Merit: 104
I'm sure it happening thanks to Kim Dotcom

https://twitter.com/KimDotcom/status/571182813937971200
https://twitter.com/KimDotcom/status/571529634069626881

Maybe we will see $300 soon too Roll Eyes
But, some dumpers ready to dump their bitcoin if it happen

Wow , dont remember the tweet having more than 7000 retweets. It does look like its gone a long way on;y due to that.
legendary
Activity: 896
Merit: 1000
and 275

It was funny how it just touched 275 and started tumbling down again .
Day range is now .$255.61 - $275.00

i think were going to test the 300$ very soon. the only questions is, how long can it stay above 300$
price has gone up quite a bit. there will be a dip sooner or later.
hero member
Activity: 840
Merit: 1000
Ha fools!

The real news was that MatTheCat revised his short-mid term outlook to bullish on the 26th February:

https://bitcointalksearch.org/topic/m.10595190

The timing of this 'news event' fits perfectly with the break out, yet I don't see any Coindesk headlines reading 'Bitcoin Up as Forum Member Changes his Mind' tchoh...typical!

I shall let y all know when I am selling.....(looking at $400 range in the first instance)......maybe.
hero member
Activity: 728
Merit: 500
The recovery seems to be taking way too long but  I'm almost sure the price will recover.

On the contrary - its taking exactly as long as it needs to take!

Have you ever watched the tide come in... It doesn't look like its moving then you realise that actually it was *way* back there a little while back...

This is how it works, next wave is just beginning to form now.
full member
Activity: 196
Merit: 104
and 275

It was funny how it just touched 275 and started tumbling down again .
Day range is now .$255.61 - $275.00
hero member
Activity: 756
Merit: 500
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