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Topic: Bitcoin Price from 237.00 to 262.00 In One Day with NO NEWS - page 2. (Read 4302 times)

full member
Activity: 168
Merit: 100
The recovery seems to be taking way too long but  I'm almost sure the price will recover.

the price just returned to it's normal state, after china come out of the game, now it rising steady(which is how it should be)

It feels like the end of 2013 again !

A rise of just 30$ is in no way giving people that feeling. 2013 was another crazy time, but this definitely feels good, just not as good as 2013.
However if we make it to over 300, then maybe, I would be as much happy.
hero member
Activity: 1022
Merit: 500
The recovery seems to be taking way too long but  I'm almost sure the price will recover.

the price just returned to it's normal state, after china come out of the game, now it rising steady(which is how it should be)

It feels like the end of 2013 again !
legendary
Activity: 2576
Merit: 1087
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...
hero member
Activity: 770
Merit: 509
Im I the only one that sees something wrong with this orderbook. So Thin -- and all bids jump to keep the price up -- with no sellers to speak of.. If your a trader you will know what im saying.. you seen it yourself.. Please comment.


That's how things get done. No news period with a log price period = noobs start selling out. When least expected, whales start buying in and price goes up.
hero member
Activity: 924
Merit: 1000
Price doesn't need news to go up or down.
full member
Activity: 138
Merit: 100
We're in for a wild ride and nobody knows for sure what will happen, my thought that btc will climb considerably in the coming months!
legendary
Activity: 3248
Merit: 1070
The recovery seems to be taking way too long but  I'm almost sure the price will recover.

the price just returned to it's normal state, after china come out of the game, now it rising steady(which is how it should be)
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
News were there for some time,  but there was no real reaction taking place until now, probably because Kim got involved also, making all news until then that had no reaction, to react with a delay.
We got:

https://twitter.com/kimdotcom
http://www.dell.com/learn/us/en/uscorp1/campaigns/bitcoin-marketing
http://www.telegraph.co.uk/finance/currency/11434904/Bitcoin-revolution-could-be-the-next-internet-says-Bank-of-England.html
https://www.youtube.com/watch?v=e6KRp91YAw8 - Bill Gates saying how bitcoin is even better than currency

.. and there are many more, whose reaction is yet to take place once the reverse domino effect comes into play..

cheers
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
That is also true. Bitcoin movements are of speculative character and that is for now the main driving force behind the price ups and downs. As such there is no need for any particular news to make the price moving up or down. We tend to look for a justification of the price behaviour looking for the headlines and trying to find the 'correct' one, but that is pointless at this stage of adoption. only broader adoption of Bitcoin would move us out of this speculative game.
sr. member
Activity: 274
Merit: 250
It doesn't mean that you will need a news event for the price to jump. A wise and shrewd trader would have bought earlier even before the news event is announced. Else what's the point on buying on a higher price after the news have come out. The investor will probably have insider information before hand so you will never know. And it's never meant to be a fair trading in the first place.

Exactly. Besides, you should know by now that bitcoin is wild and unpredictable and does whatever it wants but it's always just down to supply and demand. doesn't have to be news though people always look for it. this guy thinks it's because of Kim Dotcom  Grin: https://bitcointalksearch.org/topic/its-going-up-kim-dotcom-was-the-cause-971645
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
I suggest to back off looking every day at bitcoin price and starting new thread accordingly. We are currently in the process of ending the down trend, meaning we may be, as well establishing a horizontal channel within the range $200-250, and stay there for some longer time (till summer?). For now, I don't see any major developments that would fundamentally increase the price of Bitcoin. On the other end, even potentially negative news, like the BTER one, do not do much harm to the price. 
Q7
sr. member
Activity: 448
Merit: 250
Rise up instantly without any news, is this mean bitcoin already reach bottom & now trying to rise up more than before ?
CCN said bitcoin price might advance to $300 again https://www.cryptocoinsnews.com/bitcoin-price-approaching-breakpoint/

Anyway, i think something big just begin Roll Eyes

Well, this is probably the second post I've read that points to bitcoin approaching the breakpoint level. I mean if it's true, we should see a steady climb once it touches that level with strong buying support driven mainly by the fundamentals. The next week should be interesting.
hero member
Activity: 518
Merit: 500
News isn't necessary for the rising price, Please don't try so hard to find any related news after the price rise or drop.
sr. member
Activity: 364
Merit: 250
No time.  Quick message.  There has been much news today.

One piece no one has mentioned here.  Regulation of internet means everyone will have access to the internet, and thus to Bitcoin, by government guarantee.

And thus spreading the streaming around to all which means the current paying customers, that are used to superb service, are measured out to receive the mediocrity that this will provide. Like, give to all by mandate and those in the payment cycles will suffer streaming efficiencies but have no recourse because of this piece of buttcrack government shit. amiright? Grin

They'll never learn. Regulate: For the Children! and their netflix!

Agreed.  Power corrupts.
sr. member
Activity: 392
Merit: 250
No time.  Quick message.  There has been much news today.

One piece no one has mentioned here.  Regulation of internet means everyone will have access to the internet, and thus to Bitcoin, by government guarantee.

And thus spreading the streaming around to all which means the current paying customers, that are used to superb service, are measured out to receive the mediocrity that this will provide. Like, give to all by mandate and those in the payment cycles will suffer streaming efficiencies but have no recourse because of this piece of buttcrack government shit. amiright? Grin

They'll never learn. Regulate: For the Children! and their netflix!
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
No time.  Quick message.  There has been much news today.

One piece no one has mentioned here.  Regulation of internet means everyone will have access to the internet, and thus to Bitcoin, by government guarantee.

And thus spreading the streaming around to all which means the current paying customers, that are used to superb service, are measured out to receive the mediocrity that this will provide. Like, give to all by mandate and those in the payment cycles will suffer streaming efficiencies but have no recourse because of this piece of buttcrack government shit. amiright? Grin

You're right!
legendary
Activity: 1568
Merit: 1001
No time.  Quick message.  There has been much news today.

One piece no one has mentioned here.  Regulation of internet means everyone will have access to the internet, and thus to Bitcoin, by government guarantee.

And thus spreading the streaming around to all which means the current paying customers, that are used to superb service, are measured out to receive the mediocrity that this will provide. Like, give to all by mandate and those in the payment cycles will suffer streaming efficiencies but have no recourse because of this piece of buttcrack government shit. amiright? Grin
sr. member
Activity: 284
Merit: 250
The recovery seems to be taking way too long but  I'm almost sure the price will recover.
legendary
Activity: 1708
Merit: 1036
No time.  Quick message.  There has been much news today.

One piece no one has mentioned here.  Regulation of internet means everyone will have access to the internet, and thus to Bitcoin, by government guarantee.


I think that's a little too tenuous of a connection. The point made above about the increase being driven by a number of orders suggests a limited pool of people "in the know" suddenly wanting to buy bitcoin. Will be interesting to see if it does turn out to be some kind of stocking up ahead of an important news release. Or maybe somehow related to how things are going for the March 2 auction?
hero member
Activity: 938
Merit: 501
Yep, it has been a baffling price move, but maybe merely a technical move with some guys taking off shorts
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