Bitcoin spiking to $595 - page 2. | Bitcointalksearch.org

richardsNY

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Quote from: rifiuti on September 04, 2016, 11:31:11 AM

I wonder what effected the price. $570 to $602 is really weird.

People here can only guess. That being said, there isn't always a reason needed for the price to go up. Same goes up for when the price goes down. No reason needed. Important is that we have to maintain a position above $600 even though the buy support is very weak. The coming week will be very interesting in that aspect.

rifiuti

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Quote from: Yakamoto on September 04, 2016, 03:09:42 PM

Quote from: bit1 on September 04, 2016, 02:55:55 PM

Quote from: rifiuti on September 04, 2016, 11:31:11 AM

I wonder what effected the price. $570 to $602 is really weird.

Maybe it`s not, it may be only a sign of price recovery, but a biggest growth sudden it would be strange. But variations in the price as in this case are frequently observed.

It's definitely a sign of recovery, and I think some investor that bailed during the bitfinex hack decided that it was time to buy back in and get the value pumped again, so that might be what we're seeing. The price changed something like $30 right? That could easily be the movements of a whale getting in and out of the market.

I mean if "certain people" can change the price by acquiring coins, doesn't this makes the Bitcoin open for manipulation?

Yakamoto

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Quote from: bit1 on September 04, 2016, 02:55:55 PM

Quote from: rifiuti on September 04, 2016, 11:31:11 AM

I wonder what effected the price. $570 to $602 is really weird.

Maybe it`s not, it may be only a sign of price recovery, but a biggest growth sudden it would be strange. But variations in the price as in this case are frequently observed.

It's definitely a sign of recovery, and I think some investor that bailed during the bitfinex hack decided that it was time to buy back in and get the value pumped again, so that might be what we're seeing. The price changed something like $30 right? That could easily be the movements of a whale getting in and out of the market.

bit1

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Quote from: rifiuti on September 04, 2016, 11:31:11 AM

I wonder what effected the price. $570 to $602 is really weird.

Maybe it`s not, it may be only a sign of price recovery, but a biggest growth sudden it would be strange. But variations in the price as in this case are frequently observed.

rifiuti

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I wonder what effected the price. $570 to $602 is really weird.

amacar2

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Quote from: BitCao on September 04, 2016, 11:17:21 AM

If we can hold 600 in the next few weeks, we will see 1k by January.

Seems like we are likely to see usual november pump this year also, 1k by january may not be reached but i think after this week we will be again above 650$+.

Ayers

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Quote from: randy8777 on September 04, 2016, 07:30:25 AM

even bitstamp joined the $600 crew just now. it will be interesting to see where we are heading in the coming days. i just hope it isn't a trick where the price will dive sub $600 to $570-$580 prices again.

i think we are just returning to the previous level? still far away though, it need to recover all the way up to $670 first, and after that it need to increase at the previous spike of $770, not a joke to do, i hope it can happen in this year

BitCao

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If we can hold 600 in the next few weeks, we will see 1k by January.

panju1

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Quote from: Luke2939 on September 04, 2016, 08:11:15 AM

Happy to bitcoin showing some strength. 600 can be tested before it makes higher movement. All users who wish to buy may want to buy now. Hope this starts a new bullish move for bitcoin. Fingers crossed.

We have crossed $600. If $600 holds for some time, we will have a reliable support.
Now, we can look forward to the real bull run.

Luke2939

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Happy to bitcoin showing some strength. 600 can be tested before it makes higher movement. All users who wish to buy may want to buy now. Hope this starts a new bullish move for bitcoin. Fingers crossed.

Caladonian

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Quote from: randy8777 on September 04, 2016, 07:30:25 AM

even bitstamp joined the $600 crew just now. it will be interesting to see where we are heading in the coming days. i just hope it isn't a trick where the price will dive sub $600 to $570-$580 prices again.

possibility is not far mate but lets be positive and continue enjoying the rising up again, glad to see it moving up just saving and holding my coin
and observing how this rally will moves.

randy8777

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even bitstamp joined the $600 crew just now. it will be interesting to see where we are heading in the coming days. i just hope it isn't a trick where the price will dive sub $600 to $570-$580 prices again.

1Referee

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Quote from: mundang on September 04, 2016, 02:15:47 AM

Quote from: Jcastle on September 03, 2016, 02:49:07 PM

Everyone prepare for liftoff....hehe

Helooo 600$ again nextweek.im pretty sure of it. As i said before bitcoin will definitely go up when "ber" month comes.
Its time to collect btc for the christmas.

You should have collected your coins before this increase, when the price was closer to $500 at the time the Bitfinex hack started to kick in. Wink

mundang

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Quote from: Jcastle on September 03, 2016, 02:49:07 PM

Everyone prepare for liftoff....hehe

Helooo 600$ again nextweek.im pretty sure of it. As i said before bitcoin will definitely go up when "ber" month comes.
Its time to collect btc for the christmas.

crossabdd

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I've convinced and predict prices will rise at least until the end of the year, I was lucky to still hold and buy some when prices fell after the info bitfinex. I hope the end of September prices could rise rapidly until it reaches $650

jhenfelipe

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I'm happy that bitcoin price is going up little by little. As of now it's on 600.8 USD based on preev, but I won't expect too much since no one knows what will happen next. I'll just wait and see.

Zadicar

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Quote from: pooya87 on September 04, 2016, 12:27:42 AM

it is a bit too soon to become excited for a $30 rise and call it lift off but it is nice to see bitcoin price moving again and market becoming more exciting once again. the stable period lasted long enough to expect this move.

True, but the feeling of excitement is somewhat hard to stop. hehe. As we all experience the bitcoins price been stable for a while and for now its starting to move again which is a good sign i guess for a price increase in this month or on the following. We are all hoping for that high price now.

x4

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And now this section will become active because of sudden move of the prize of the bitcoin, but don't be excited because its already normal, we reach the amount of $700 this year so now its $595. Just pray that the prize will increase again to $600 so everyone is happy Grin

pooya87

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it is a bit too soon to become excited for a $30 rise and call it lift off but it is nice to see bitcoin price moving again and market becoming more exciting once again. the stable period lasted long enough to expect this move.

Wind_FURY

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Until we all see a solid floor price made above $600 then there is nothing to get excited about yet. This could just be a blip and then go back to how it was doing before this blip. What really is going to make BTC go up again unless there is something brewing that is not yet out in the news. By the time the news comes out, people sell it down and it is back to being flat or even slightly down again.

Topic: Bitcoin spiking to $595 - page 2. (Read 2459 times)