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Topic: BTC is making some noise in the market. - page 3. (Read 550 times)

hero member
Activity: 2576
Merit: 684
God, save BTC!
April 23, 2020, 02:41:58 PM
#6
Tomorrow (April 24) the closing of the futures for December 16, 2019... The day after tomorrow (April 25th) Binance is leaving for maintenance! Which is amazing right after the closing of the futures... Grin

This weekend there may be even more powerful movement on the  market! Wink
sr. member
Activity: 1190
Merit: 255
April 23, 2020, 02:38:00 PM
#5
Bitcoin doesn't make noise in the market. It addresses the market so that altcoins make some noise by following its route. Indeed it's a pleasure to see that bitcoin going past 7400 level. But due to current uncertainty, it will be hard to maintain it!

There has been few news around that US people are buying bitcoins with the $1200 help money that they have recently received from the government. I don't know the consequences they are going to face later on, but if it's true then the market is probably responding to this event!

That money is supposed to b for their food while locked down. They'd be losing money in the end, its a disaster again for them and they will treat BTC as scam. Its expected BTC will drop after this price pump today. How often are they going to print to give away another $1200?
member
Activity: 224
Merit: 16
April 23, 2020, 02:14:45 PM
#4
Today's 5% upward climbing of bitcoin value is not so surprising to me. When a destructive virus has hold up the trend of the world,s income, bitcoin has opened its door for all to invest and make profit. Millions of business men are now passing idle time by shutting down their business but bitcoin investors are successfully continue their business because there has no risk of Corona virus and no government obligation to pause it. That's why many new comers are entering the bitcoin market and making investment in it. Now many short investors are also being attracted to invest in this market that helps to turn the bitcoin market upward in the present pandemic situation. At this universal investment field, bitcoin is the always leader and other cryptos are the followers. I think, this positive trends of the market will continue......I say, STAY AT HOME, INVEST IN BITCOIN MARKET, BE SAFE.
legendary
Activity: 2450
Merit: 4295
eXch.cx - Automatic crypto Swap Exchange.
April 23, 2020, 01:00:22 PM
#3
If you consider just 5% increase as noise then I don't know what you'll call the double figure percentage increase bitcoin does on several occasions. The increase wasn't unexpected as it has been knocking on the door for quite sometime now. It could be said, the market hasn't be responding as positive as we all expected considering the halving event is just days ahead yet no strong signs of a positive reaction until few hours ago. Probably, the market is just responding to be positive news all around the industry lately.

Coins like Stellar lumens (XLM) with its recent gains are the coins you can point fingers at for been noise makers in the market as I don't see any reason for their recent price increase yet the project just keep gaining value as the days goes by.
legendary
Activity: 3080
Merit: 1500
April 23, 2020, 12:43:17 PM
#2
Bitcoin doesn't make noise in the market. It addresses the market so that altcoins make some noise by following its route. Indeed it's a pleasure to see that bitcoin going past 7400 level. But due to current uncertainty, it will be hard to maintain it!

There has been few news around that US people are buying bitcoins with the $1200 help money that they have recently received from the government. I don't know the consequences they are going to face later on, but if it's true then the market is probably responding to this event!
member
Activity: 560
Merit: 13
April 23, 2020, 12:18:01 PM
#1
Even in this pandemic scare bitcoin is roaring in the market, only today the price has gone up like nearly 5%. Also most of altcoins have followed BTC.

This is what people were desperately looking for,  and I guess it's halving effect. If the value goes above 8k I will consider it as Bull run is back, hopefully this pump will continue guys just enjoy!!!
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