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Topic: Bitcoin price increases 1000$ in 10 minutes - why? (Read 767 times)

full member
Activity: 364
Merit: 100
Coordinated pump? But who did that exactly? This sounds more like just conspiracy theory and nothing more, anyway I'm not surprised because I've seen that kind of pumps many times before.
full member
Activity: 307
Merit: 100
That is not new with bitcoin. I will just be busy trading instead of thinking highly of where it came from. You can waste a lot of time by just doing that.
Smile and take the profit, that will be the best option while it can also make your wife smile after you give the money.
sr. member
Activity: 504
Merit: 252
Bitcoin is full of surprises, when many people think that prices will drop and are expected to be under $ 2000 but the price goes up and now it's over $ 9200, and I'm sure another week will cost $ 10,000 and a $ 1000 increment in 10 minutes usual.
sr. member
Activity: 444
Merit: 250
Any idea where the 1000$ in 10 minutes came from??
Could it be that one if the whales is at it again? Lol, or. Maybe people have changed their mind and decide to invest their money regardless of whatever that happens?  Whatever it is that happens, I believe it will always be for the good, and if the price continues to go up, it will attract more investors to invest and will also break another record for the second time.
full member
Activity: 322
Merit: 100
Any idea where the 1000$ in 10 minutes came from??
As i see in the graph it is 40-60 minutes well the BITCOIN increase because there are some news that has been released and some of the traders see that. That's why bitcoin increase they all buy bitcoin and trade bitcoin more transactions more likely to increase.
full member
Activity: 476
Merit: 100
www.daxico.com
That's because of its price volatility. Basically, bitcoin's market price is determined by the demand of the people. Don't expect bitcoin to drop all the way without making any response to it. It's been a natural scenario already and if you just check the history of bitcoin, there, you can see how bitcoin response in every crisis.
full member
Activity: 524
Merit: 100
There are many options how to get 1000 in ten minutes. For example, to remove from your credit card or ask your parents. Or friends.
sorry if I wasn't clear. I meant the bitcoin price in the last half hour.
Lol, what kind of stupid comment is this? Funny, I kept laughing my ass off since I saw this… what do you mean by we can get $1000 dollars increase on Bitcoin price by removing our credit card or asking parents and friends? 😁😁 I will just assume that you didn’t read that well, maybe you thought he was talking about how or where to get $1000 lol.
newbie
Activity: 84
Merit: 0
The fact that there is no sense to learn the news after the price movement, because this is no longer possible to earn.
full member
Activity: 420
Merit: 100
Any idea where the 1000$ in 10 minutes came from??
We have seen huge price surge in btc within few time in the past and these type of heavy fluctuations have became a normal part of this volatile market.But according to reports there was huge investment of billions was recorded on exchanges at that time so the pricee went up by $1000-$1200 in a single day.But we will see such pumps as we move ahead.
sr. member
Activity: 649
Merit: 250
Bitcoin price increase for the reasons many people really invests and beleives on bitcoin growth. Also manipulation in the market happens all the time. Also good information about bitcoin contributes in the increase of price.
full member
Activity: 364
Merit: 100
one thousand is not that much if you watch more globally at history of bitcoin, but for this moment right now its much, yes
legendary
Activity: 1330
Merit: 1019
Because many trader follow the news to decide when best times for entry buy and sell, so when any good news they will buy it at the same times and the price will going up. Other than that can be there are many big investor has one trader community to decide together buy and sell at the same times.
This much increase in the market value of the bitcoin and that too in such a short time shows the potential and the capabilities of the bitcoin and that this is a very strong reason to support bitcoin and to invest in bitcoin as this indicates that we can also make a huge amount of money if we believe in bitcoin and that we start investing our money into it and that this will change our fate.
hero member
Activity: 1246
Merit: 502
$1000 in ten minutes is came from people who truat bitcoin and did not buy it before the islamic law make btc halal. I heard from the news in my country $1000 spike is because there is a " Fatwa " from islamic organization that called bitcoin is halal to buy and use it for transactions.
full member
Activity: 490
Merit: 100
A lot of non sense replies here.

The reason why it went up $1000 almost instantly is due to a short squeeze.

Basically shorts were at an all time high at 40K BTC shorts and since they mostly shorted near the bottom an short squeeze was very possible.

After the short squeeze about 15K BTC had to be covered at a loss hence price kept rising.

Yes. I think same. Whales saw all time high number of shorts. Maybe they bought 10.000 BTC at market price until 7500 USD and later to 8100 USD it was shorts covering.

It was a very well played action
They definitely got a plan and accordingly moving every time. They are so smart and the problem is these whales become a team and try to control the market. Like now, prices are going down and then abruptly increases to $1000 just in ten minutes. They want to sell bitcoins at some specific rate and for that their team becomes active and manipulate the market accordingly.
full member
Activity: 602
Merit: 111
Any idea where the 1000$ in 10 minutes came from??
Yes,I know someone bought huge amount of bitcoins at the same time. Cheesy
Maybe a whale just bought it but the good thing is that the prices are now staying at the range for two days so we can hope that the price will increase in the coming days.
full member
Activity: 392
Merit: 100
Any idea where the 1000$ in 10 minutes came from??

The price of bitcoin was $11k after it dropped to $6k and then dropped again to $7k and rose to $8k. It's really nothing in my opinion and I believe they're just a bunch of random investors that had put their money at the same time by coincidence.
full member
Activity: 434
Merit: 102
I say this increase is still normal see from the presentation. I still hope the increase price that many more. There's no support news from this increase. I must say keep on be careful on trading. Because the price can decrease at any time.
After so many dark days, if such kind of thing has started happening, then this is a very good news and that we need to be happy over it. All this is because of the volatile nature of the bitcoin and that you can expect similar kind of thing to happen again as well. You just need to trust bitcoin and that you must keep on holding your coins for longer period so that you can have more profit.
jr. member
Activity: 84
Merit: 5
This post share my opinion that why bitcoin price increases 1000$  in 10 minutes : https://bitcointalksearch.org/topic/m.34661635.
full member
Activity: 616
Merit: 100
https://exip.live/
Because many trader follow the news to decide when best times for entry buy and sell, so when any good news they will buy it at the same times and the price will going up. Other than that can be there are many big investor has one trader community to decide together buy and sell at the same times.
newbie
Activity: 182
Merit: 0
It’s because Islamic Laws passed and they make bitcoin Legal (HALAL) in Islamic Point of View and after this news comes bitcoin grown more than 1000$ in 10 mints.
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