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Topic: Bitcoin rising to 600$ , pure manipulation ? - page 7. (Read 7982 times)

legendary
Activity: 1316
Merit: 1145
September 09, 2016, 01:51:51 PM
#52
bitcoin price manipulation is not easy as altcoin price manipulation. it requires substantial funds, so I think this is pure and there is no manipulation.
hero member
Activity: 2548
Merit: 950
fly or die
September 09, 2016, 12:11:19 PM
#51
How much money do you need to spend if you want to manipulate the price like that ?
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 05, 2016, 06:23:30 AM
#50
I think the rise in price due to this news Rapid Bitcoin Price Surge; Yuan Devaluation & Market Recovery
that does make sense,the devaluation makes people there gonna save their wealth in form of bitcoin or even trying to invest to the bitcoin until yuan got into the stable price,china have so many citizens so I think there's could many rich people who worried with their wealth due to devaluation,so bitcoin is quite a good choice
legendary
Activity: 1526
Merit: 1179
September 05, 2016, 06:13:25 AM
#49
Like we said before, and confirmed, people was on vocation, and they slowly getting back in their sits. First I didn't understand that, but after watching price in that time last year, it's visible how price is going up after summer holidays.
Maybe that is the reason of this rise, maybe increased demand, what ever it is I hope we can hold this price over 600 and maybe even jump more before end of the September.
Basing the price increase of yesterday on increased demand is wrong as demand takes a very long time to show in the price.

If we from this point see the price go up all the way to next year, then increased demand might be the reason, but for now it's too early to say.
legendary
Activity: 2114
Merit: 1015
September 05, 2016, 04:32:45 AM
#48
For those who are saying that this is the block halving effect taking place , could they explain why ? I mean why now (after couple of months of the halving)

Took about 3 months last time.
full member
Activity: 131
Merit: 100
September 05, 2016, 03:34:17 AM
#47
This is not manipulation because i know that there are allot of peopel dont exactly know that we already up to the 600 dollar each you know so dont be frustrated when we are not upto the 600.
sr. member
Activity: 271
Merit: 250
September 05, 2016, 03:08:03 AM
#46
I dont think it is just manipulation it all depends about what the are doing with the coins you know and what i do know is that to many people are just holding their coins atleast spent some for more prise increases!
staff
Activity: 3500
Merit: 6152
September 05, 2016, 02:12:52 AM
#45
For those who are saying that this is the block halving effect taking place , could they explain why ? I mean why now (after couple of months of the halving)
member
Activity: 112
Merit: 10
September 05, 2016, 02:03:57 AM
#44
bitcoin price up to 600 dollar every one bitcoin not manipulation
because after down next time will up
so is now trend up again not manipulation
legendary
Activity: 3472
Merit: 10611
September 05, 2016, 01:16:29 AM
#43
12 hours ago (before I go to sleep) , the price was something like 575$ If I remember right , I woke up and found it 600$ (using preev.com rates) .
What could cause this price increase ? I checked some news websites and I couldn't find any obvious reasons , the only thing I read and I found interesting is Bitfinex paying their customers back from the HACK but I'm pretty sure It has nothing to do with the increase.

it is partly about bitfinex and also it is because not all rises are because of good news. it can be because every single investor was accumulating for the past weeks and now they want their reward.
besides we are only back on track nothing out of ordinary here.
legendary
Activity: 3332
Merit: 1191
September 04, 2016, 10:33:25 PM
#42
Like we said before, and confirmed, people was on vocation, and they slowly getting back in their sits. First I didn't understand that, but after watching price in that time last year, it's visible how price is going up after summer holidays.
Maybe that is the reason of this rise, maybe increased demand, what ever it is I hope we can hold this price over 600 and maybe even jump more before end of the September.
hero member
Activity: 714
Merit: 500
September 04, 2016, 09:02:22 PM
#41
Was (pleasantly) surprised to see the price go past $600 again. I didn't check the prices over the weekend and just saw today that it has reached $600. I think the whole of August it stayed below that range. Is this a sign that we are going to reach for $700 again? If that is the case, I hope it does so in a slow and steady manner and keeps it that way for the rest of the year.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 04, 2016, 08:49:28 PM
#40
everyone's loading up for the forking...

dont worry everything is going to be alright.
hero member
Activity: 742
Merit: 500
September 04, 2016, 07:24:31 PM
#39
It was expected that the Bitcoin's price will increase since a while right now, and it happened and the price rise for over 600$ now. I think it will increase more in the few coming weeks
legendary
Activity: 2170
Merit: 1094
September 04, 2016, 06:48:14 PM
#38
No manipulation, just a normal TA driven move.
legendary
Activity: 1218
Merit: 1007
September 04, 2016, 06:32:01 PM
#37
I think it's just optimism that triggered the mini rally. One or more large players start with buying, and others directly jump on board and start buying up the price to higher levels. Let's see how much steam there is left before making a dive to sub $600 prices again.
One big player triggering everyone else to buy is definitely one of the biggest things that cause rallies in today's market, however there might have been some news or something that most of us weren't paying attention to that make a lot of the market just decide to buy. I think that we won't necessarily see a quick dive to sub-$600 just because of the end of the rally, we might be lucky enough to see it stay above $600 for a week or so.
legendary
Activity: 1232
Merit: 1091
September 04, 2016, 05:49:58 PM
#36
I think it's just optimism that triggered the mini rally. One or more large players start with buying, and others directly jump on board and start buying up the price to higher levels. Let's see how much steam there is left before making a dive to sub $600 prices again.
full member
Activity: 320
Merit: 101
September 04, 2016, 04:11:20 PM
#35

Nice points made in the Medium article. Thanks for sharing.
hero member
Activity: 756
Merit: 501
September 04, 2016, 04:07:04 PM
#34
It does seem like price manipulation because now it is at $611 for no apparent reason. And it is strange for this too happen over the weekend when the markets are at a stand still. Undecided
legendary
Activity: 938
Merit: 1000
September 04, 2016, 03:57:29 PM
#33
12 hours ago (before I go to sleep) , the price was something like 575$ If I remember right , I woke up and found it 600$ (using preev.com rates) .
What could cause this price increase ? I checked some news websites and I couldn't find any obvious reasons , the only thing I read and I found interesting is Bitfinex paying their customers back from the HACK but I'm pretty sure It has nothing to do with the increase.

For whatever reasons it is it may possibly due to the growing need for bitcoins. Many are joining the community and many online businesses have opened. Many exchangers and platforms have opened. But for me it doesn't really matter as long as the price keeps increasing I will enjoy it and I will ear more cash from selling my bitcoins.

The problem is that the increase has happened in a few hours.
If it was really due to the growing need for bitcoins, the price increase should have happened over a few months, not in a few hours.
The largest volume  comes from XMR/BTC almost 30%, perhaps a part of this increase has relationship with Monero.
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