Bitcoin price movement tracking & discussion - page 12.

Hunt_777

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Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

- Sa tingin ko, malaki ang impact ng crypto ni FB ky Bitcoin. Remember, cya ang ka una-unahang crypto. C Bitcoin kasi ay parang ina yan, kung aasinso ang anak malamang, maaangat din ang ina. I don't know ha pero feeling ko lang yan. hehehe. Kasi kung magsesearch ka ng word na blockchain or cryptocurrency, I'm sure lalabas c Bitcoin yan.

GreatArkansas

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Quote from: sheenshane on June 17, 2019, 09:02:49 PM

~snip
Do you think this is the cause of a huge impact on why bitcoin price rapidly goes up?

https://twitter.com/binance/status/1140602413243674624

Hmmmm. Para sa akin it's normal, kasi ginawa ng Binance yan para sa kanilang Binance Chain blockchain (BEP2 token format) , kasi di gagana yung native Bitcoin blockchain sa kanilang gamit na protocol ng Binance Chain, kaya gumawa sila ng Bitcoin pegged which is 100% backed "daw" sa Bitcoin.

Kaya din yan nila ginagawa dahil sa so-called Binance "DEX" daw nila. Inuna nila e pegged ang Bitcoin para gagana na sa Binance chain nila (BEP2 token format), then ang iba naman ay to-be-followed.

Ang challenge sa Binance dito ay sana mapanatili nila na talagang 100% backed with BTC or other native crypto pag gumagawa na sila ng mga pegged, and the transparency.
Read more: Introducing: Bitcoin-Pegged Token on Binance Chain

sheenshane

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I smell FOMO on this week I hope it will continue growing the price and reach $10k in first week of July.

Do you think this is the cause of a huge impact on why bitcoin price rapidly goes up?

https://twitter.com/binance/status/1140602413243674624

EDIT:

Quote from: GreatArkansas on June 17, 2019, 07:50:40 PM

Weekly:

May pagkakahawig sila noong november 2017 bullrun. Makikita mo din yung sa RSI which is almost the same Shocked

Tignan natin ngayong week if mag co close ba tayo above $10,000 or below $9,000. This is week is exciting Cool

@GreatArkansas, how about the monthly chart timeframe? Can you drop it here or it would be nice in my prediction thread in Q-3 found on my sig.

GreatArkansas

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Weekly:

May pagkakahawig sila noong november 2017 bullrun. Makikita mo din yung sa RSI which is almost the same Shocked

Tignan natin ngayong week if mag co close ba tayo above $10,000 or below $9,000. This is week is exciting Cool

Daily:

I'm still bullish sa daily short term ng BITCOIN, since nag cross na yung 10MA sa 20MA sa daily and para sa akin ,gagawa ito ng support around sa white area which is probably above ng 20MA (blue). I'll add more position sa Bitcoin once we will correct $8,000 or below.

Roukawa

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Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet
[2] Litecoin Halving Rally
[3] Bakkt July Testing
[4] Binance.us Announcement

Yup, mga possible reasons nga to. Pero mas tinitignan ko yung Facebook Libra, once na ilabas ni Facebook ang crypto coin nila yun na ang para sakin ay magiging mass adoption ng crypto.

serjent05

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Quote from: bL4nkcode on June 16, 2019, 01:09:08 PM

Quote from: serjent05 on June 16, 2019, 07:00:47 AM

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

You're underestimating how one of the biggest internet company can uplift someone when they start to go along with the course of this someone's company.

Fb coin might not furnish such huge impact unlike what you've said but it will give somewhat benefits to bitcoin drastically.

I am not underestimating, I am just stating the obvious and not exaggerating expectations. That's it. It will affect yes but not to the extent that it will make Bitcoin price to surge. Since the discussion between me and bigatenz is the reason why Bitcoin price will increase in value, though there is an article stating that FB announcement made Bitcoin trading to its best, checking the content I believe is just a stunt to promote FB coins or giving a catchy title for click bait.

Quote from: bL4nkcode on June 16, 2019, 01:09:08 PM

Quote from: Bttzed03 on June 16, 2019, 12:06:16 PM

Why would people buy bitcoin because of facebook's global coin?

It's like you're saying, why would people want to acquire USD while we have Philippine Peso, or any local/national currencies, of course, there is what you called forex trading, or here in CT its called crypto trading.

There is an announcement that FB coin will be a stablecoin , I wonder how can this stable coin boost Bitcoin price. Let alone their backers are those who are known not friendly to Bitcoin?

Quote from: https://www.investopedia.com/facebook-gathers-companies-to-back-cryptocurrency-launch-4690619

One thing that is known is that Libra will be pegged to a basket of government-issued currencies in an effort to preemptively counter the extreme volatility which has plagued other digital coins.

Quote

Visa, Mastercard, PayPal and Others Support Libra
Among the various companies signed up to invest around $10 million each in Libra are credit card giants Visa, Inc. (V) and Mastercard, Inc. (MA), digital payments company PayPal Holdings, Inc. (PYPL) and ridesharing powerhouse Uber Technologies, Inc. (UBER). The money raised by members of the consortium will help to fund the launch of the coin. According to the report, Facebook has sought to raise as much as $1 billion in support of the new cryptocurrency project.

bL4nkcode

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Quote from: serjent05 on June 16, 2019, 07:00:47 AM

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

You're underestimating how one of the biggest internet company can uplift someone when they start to go along with the course of this someone's company.

Fb coin might not furnish such huge impact unlike what you've said but it will give somewhat benefits to bitcoin drastically.

Quote from: Bttzed03 on June 16, 2019, 12:06:16 PM

Why would people buy bitcoin because of facebook's global coin?

It's like you're saying, why would people want to acquire USD while we have Philippine Peso, or any local/national currencies, of course, there is what you called forex trading, or here in CT its called crypto trading.

Bttzed03

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https://bitcoincleanup.com/

Quote from: bigatenz on June 16, 2019, 07:57:01 AM

Quote from: serjent05 on June 16, 2019, 07:00:47 AM

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

Facebook will be the major adopters of Blockchain technology that Bitcoin implement , so why theirs no impact Undecided

, remember Bitcoin price boost after the JPM embraces Blockchain technology/crypto

Doubtful din ako na isa ito sa dahilan ng pagtaas ng bitcoin. It does not really make sense.
Why would people buy bitcoin because of facebook's global coin?

Experia

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Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet
[2] Litecoin Halving Rally
[3] Bakkt July Testing
[4] Binance.us Announcement

Maganda tong reasons mo bro kasi lahat ng nasa list talagang makakapag generate ng postive output sa presyo ng bitcoin lalo na yung mga upcoming events kasi yung iba gustong makapag hold agad kaya maaga palang bumibili na.

serjent05

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Quote from: bigatenz on June 16, 2019, 09:06:34 AM

Quote from: serjent05 on June 16, 2019, 08:12:24 AM

Are they using the same blockchain as Bitcoin? If so then I will agree with you. Can you lead me to the uptrend of BTC history when JPM embraces blockchain tech? If you are correct then I will stand to be corrected.

Article -> Bitcoin gets delayes boost from JPMorgans Embrace of Crypto , please read it Grin

,

Well then eventhough I am not convinced, I have to accept that it does push Bitcoin price but the article came from bloomberg. Grin

. Though somehow an article with TA had been published that Bitcoin will gain its momentum by February (repeating history). https://www.coindesk.com/february-is-often-good-for-bitcoin-prices-will-history-repeat-in-2019 even before JP Morgan announces his own crypto.

bigatenz

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Quote from: serjent05 on June 16, 2019, 08:12:24 AM

Are they using the same blockchain as Bitcoin? If so then I will agree with you. Can you lead me to the uptrend of BTC history when JPM embraces blockchain tech? If you are correct then I will stand to be corrected.

Article -> Bitcoin gets delayes boost from JPMorgans Embrace of Crypto , please read it Grin

,

Clark05

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Quote from: GreatArkansas on June 15, 2019, 07:10:02 PM

What a bullish week para sa atin, pero yung minor resistance natin di parin natin na be break which is above $9,000.
This $9,000 area ay napaka importante, once nasa above $9,000 na tayo, possibility is magiging support area naman before breaking above $10,000.
Additional, yung volume natin previous week ay lumalaki kompara sa nakaraan na mga linggo, which is sobrang positive.

This week naman ay napaka importante din, since yung facebook coin (libra) ay ilalabas nila ang whitepaper June 18, 2019. Para sa akin, may epekto talaga yan sa price ni Bitcoin. We still don't know if yan ba mag titrigger to reach $9,000 above or below $8,000. Abangan!

Sana yung ilalabas nila na facebook coin na whitepaper ang epekto sa atin ay maganda dahil ito ang makakatulong upang mabawi natin ang ating mga nalugi noong nakaraang taon. Lahat tayo ay nais or gusto ang bitcoin na makita above $10,000 at sana hindi na ulit manumbalik sa $8000 ang bitcoin.

serjent05

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Quote from: bigatenz on June 16, 2019, 07:57:01 AM

Quote from: serjent05 on June 16, 2019, 07:00:47 AM

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

Facebook will be the major adopters of Blockchain technology that Bitcoin implement , so why theirs no impact Undecided

, remember Bitcoin price boost after the JPM embraces Blockchain technology/crypto

Are they using the same blockchain as Bitcoin? If so then I will agree with you. Can you lead me to the uptrend of BTC history when JPM embraces blockchain tech? If you are correct then I will stand to be corrected.

bigatenz

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Quote from: serjent05 on June 16, 2019, 07:00:47 AM

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

Facebook will be the major adopters of Blockchain technology that Bitcoin implement , so why theirs no impact Undecided

, remember Bitcoin price boost after the JPM embraces Blockchain technology/crypto

serjent05

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Quote from: bigatenz on June 16, 2019, 05:11:57 AM

Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet

I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

[2] Litecoin Halving Rally

Since litecoin is trading with BTC, I agree that this gives a huge boost to Bitcoin demand since LTC is surging in price, and Bitcoin will also have their halving next year, thus creating a mind set that , if LTC increase by more than 300% before it's halving, Bitcoin will surely increase in price due to its reward halving.

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

[3] Bakkt July Testing

This news had been around for sometime now, I think its influence had waned already.

Quote from: bigatenz on June 16, 2019, 05:11:57 AM

[4] Binance.us Announcement

Same with FB Libra blockchain, I believe this is good for BNB coins but not much with Bitcoin because there are already other services that caters US citizen in order to buy BTC. It just repeat what others service except that it enable alternative cryptocurrency to be bought by the US citizen.

bigatenz

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Possible Reason bakit uptrend ang price movement ng Bitcoin :

[1] Facebook Libra Blockchain testnet
[2] Litecoin Halving Rally
[3] Bakkt July Testing
[4] Binance.us Announcement

mirakal

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Quote from: rosezionjohn on June 16, 2019, 02:49:00 AM

Quote from: Question123 on June 16, 2019, 01:24:53 AM

Pero hindi pa rin ako magsusiguro dahil baka mamaya maraming magbenta ng kanilang bitcoin at bumababa ito ulit ng $8000.

Magkakaroon talaga ng retracement yan pero walang problema kahit bumaba ulit siya hanggang $8K, mas importante na nasa upward trend pa din siya at pataas ng pataas yung support level.

That's what's important for now, bitcoin is having some uptrend again and the more it rises, this helps attract investors again.
When they think it could go to a new ATH again this year, they would be buying.

I guess the news about Facebook launching in crypto is really a good news, it would give a lot of improvement to the market as for sure it's over a billion dollars amount it will brought here.

Let's enjoy some action for now, sometimes it dump but because we believe we are still here, I am confident now that my prediction in the 3rd quarter will hit.

rosezionjohn

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Quote from: Question123 on June 16, 2019, 01:24:53 AM

Pero hindi pa rin ako magsusiguro dahil baka mamaya maraming magbenta ng kanilang bitcoin at bumababa ito ulit ng $8000.

Magkakaroon talaga ng retracement yan pero walang problema kahit bumaba ulit siya hanggang $8K, mas importante na nasa upward trend pa din siya at pataas ng pataas yung support level.

Question123

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Wow ang price ng bitcoin ay mahigit $9200 na sa mga oras na ito. Iba talaga kapag naghold ka ng bitcoin mas malaki ang kitaan.
Pero hindi pa rin ako magsusiguro dahil baka mamaya maraming magbenta ng kanilang bitcoin at bumababa ito ulit ng $8000.
Sigurado trending na naman ang bitcoin sa ibat ibang bansa o panig ng mundo gawin pa natin mas trending ito sa mga sususnod na mga weeks kung tataas pa ito lalo.

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Quote from: HatakeKakashi on June 15, 2019, 10:51:48 PM

Quote from: mirakal on June 15, 2019, 09:18:50 PM

Finally we are back to over $9000 again.

Good luck on holding fellas, this is the beginning and looks like our hope to see bitcoin to $10,000 will come into reality soon.

Real na real na talaga ang $10,000 at masaya akong masaya ang lahat dahil lahat ng mga taong naghold ng bitcoin ay kumita ng malaki.
Nagulat nga ako ambilis umakayat ng bitcoin siguro nagpahinga lang siya ng ilang linggo stable kasi price niya last few weeks pero now nag-up na naman siya ito na talaga ang simula ng bull run at sana tumaas ng tumaas hanggang sa tuluyan na siyang makarecover.

There's a big chance..

A little update, bitcoin has reached $9300 already, it's moving fast, I would be stable at $9000 for awhile but it seems like no stopping for bitcoin now.

Let's moon again. Shocked

Topic: Bitcoin price movement tracking & discussion - page 12. (Read 5291 times)