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Topic: Bitcoin Price Hits Highest Level Since August - page 6. (Read 6452 times)

newbie
Activity: 9
Merit: 0
today it has come down and was hovering around 286.
Was that a pump in prices of bitcoins or is has gained thatmuch traction.
I was thinking that it would be march or april 2016 when the prices would cross 270 due to increase in buying and holding, so it's good though.
legendary
Activity: 3248
Merit: 1070
The price will go up when people least expect it.

basically never? because we are always expecting it to grow now, this is enforced by the halving
legendary
Activity: 1134
Merit: 1000
probably because of greece ,whatever the triggers are , if it make bitcoin price go up then i'll be happy  Grin

I think that Greece have very few (or at all) to do with the bitcoin in these days. The crisis for the moment is away, everything is going normally (at least from the latest news) and have no reason that the people go more at bitcoin than the times of crisis. But even because I believe that the users of bitcoin in Greece are very few. And they don't use to much it.

Anyhow, in these moments the price of bitcoin, according to preev.com is 283.3 us dollar. If i will be stable this time?
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
probably because of greece ,whatever the triggers are , if it make bitcoin price go up then i'll be happy  Grin
sr. member
Activity: 381
Merit: 250
It is even getting better nowadays with good news. Bitcoin gets more trust buddies. We will see $300 in near.

Good news isn't pushing the price. It's more the fact that people think the price will sky rocket as the halving comes closer and closer. They simply buy to not miss a profit making opportunity.

Good news too... look around and you will see it easy. Just the other day Europe decided to officially treat with Bitcoin as another foreign legit currency (so this means no VAT). This is MASSIVELY good news. Im sure this is a % of the price boost, among a bunch of other good stuff going on as we speak.

well yes i do not doubt that this can be one of the reasons about why the price of bitcoin raise up, another good reason could be gemini exchange too, but IMHO, i think is because the halving, maybe we are "suffering" the expected impact on the next year before we expected, who know.
hero member
Activity: 672
Merit: 503
It is even getting better nowadays with good news. Bitcoin gets more trust buddies. We will see $300 in near.

Good news isn't pushing the price. It's more the fact that people think the price will sky rocket as the halving comes closer and closer. They simply buy to not miss a profit making opportunity.

Good news too... look around and you will see it easy. Just the other day Europe decided to officially treat with Bitcoin as another foreign legit currency (so this means no VAT). This is MASSIVELY good news. Im sure this is a % of the price boost, among a bunch of other good stuff going on as we speak.
legendary
Activity: 1067
Merit: 1000
The price will go up when people least expect it.
hero member
Activity: 868
Merit: 1000
It seems like the August pump. We get all excited and then it comes back to $230. Maybe I am wrong but I can't get my hopes up.
sr. member
Activity: 336
Merit: 251
I was expecting it to get to around $300 by end of this year but at the current rate it seems like we might get there within the next week or two.

There should be more than enough support below to catch any dips as and when they happen so I'm pretty sure it's a one-way road from here.
legendary
Activity: 2170
Merit: 1427
It is even getting better nowadays with good news. Bitcoin gets more trust buddies. We will see $300 in near.

Good news isn't pushing the price. It's more the fact that people think the price will sky rocket as the halving comes closer and closer. They simply buy to not miss a profit making opportunity.
hero member
Activity: 826
Merit: 1000
It is even getting better nowadays with good news. Bitcoin gets more trust buddies. We will see $300 in near.
legendary
Activity: 3542
Merit: 1352
Well, the only reason I could see why is this happening is due to Gemini exchange, nothing more. Traders love to take advantage of this news to make some couple of bucks to take home as profit. As for the trend, we seem to be holding off at around $235-$240 range. Once $250 is reached, I think another rally would soon emerge, this time cross $300 barrier.
hero member
Activity: 672
Merit: 503
We are at an obvious flat phase just like 2011 - 2013. After this phase, whoever wasn't buyin as much cheap coin as possible will cry for days when the next pump goes 5 figures. It just may take double the time so im not worried about missing out, still got plenty of time to buy Bitcoin monthly. Thats my mission and sole purpose on life right now.
legendary
Activity: 1442
Merit: 1016
Could we stop speculating why the price is rising 5-6 dollars or declining the same amount please?!
This is Bitcoin and some of the good old volatility coming back in.
Some guys bought a bit more and now some guys sold a bit more as the price is going down again.Really nothing special to see here.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Yes it's all about the Gemini. I expect it to continue rising as well since today exchange is opening. This rise is nothing to go crazy about. Just a normal market reaction to the positive news in Bitcoin community. Good to see that we finally have a positive news coming our way.
legendary
Activity: 3248
Merit: 1070
meh, it is just a little pump, can be anything really, gemini, the hype around the fact that xt is dead, someone pumping it for the sole purpose of starting a chain of pump because of the first two reason that i've mentioned

i mean we were at 230 just a couple of week ago, +15 isn't somethign worth mentioning anymore
legendary
Activity: 1946
Merit: 1007
Look like a lot of coins were bought to move to the Gemini exchange. Now everybody is funded and less additional BTC are being bought, price slowly retraces back to where supply meets the demand.

Wish I could trade on Gemini today, but it looks like they will only operate in the mentioned US states from the start.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
Omega, this is an awful chart to show the movement and prove your point. Why show the chart from 2011 when the price was super low? You should just show the price for the last few months to clearly show the peak we just hit in that short period. Watching the price creep up slowly is nice...it's slow so there's not too much hype, slow and steady wins the race!
full member
Activity: 168
Merit: 100
Probably Gemini as you suggested, but if the pump cannot even be sustained until launch (tomorrow) I'm not sure how positive of a signal it is.

it's already going down again. we can't even maintain to keep the price at the $247-$248 levels. we'll probably fall back to below $240 again today.

I think not for today randy8777. The price will keep on $247 - approx $252. In my opinion.

Also i will try to make account on Gemini too.



it was close as bitstamp reached a low of $242.3 today. a few hundred coins more dumped and the price would dip below $240 for sure.

You're right. I think it will go up for some few days onwards.

Hope BTC price can going up a lot from this Gemini event.

Nahh, i can't register on Gemini from my country. Cry

legendary
Activity: 896
Merit: 1000
Probably Gemini as you suggested, but if the pump cannot even be sustained until launch (tomorrow) I'm not sure how positive of a signal it is.

it's already going down again. we can't even maintain to keep the price at the $247-$248 levels. we'll probably fall back to below $240 again today.

I think not for today randy8777. The price will keep on $247 - approx $252. In my opinion.

Also i will try to make account on Gemini too.



it was close as bitstamp reached a low of $242.3 today. a few hundred coins more dumped and the price would dip below $240 for sure.
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