Bull market trend has not broken since 2009.
Topic: Crossed 500 USD - Bull Market returns ? - page 12. (Read 22520 times)
The recent down below 650 USD is because of the panic of 51% due to Ghash.io power. It has come down to 28% in last 24 hour.
As I can see it is varying between 40% to 47% today. Price is also dancing around 650 USD.
The recent down below 650 USD is because of the panic of 51% due to Ghash.io power. It has come down to 28% in last 24 hour.
The last rally could have been caused by the news of the adoption of bitcoin in future Apple apps,
and I think that the uptrend isn't finished yet, we have just started to climb the mountain.
and I think that the uptrend isn't finished yet, we have just started to climb the mountain.
Buy at every dip. Sell at every bump.
Remember to set stop loss.
Remember to set stop loss.
I wonder what is the reason for the last jump? was it the DISH TV network news? I think bitcoin is already more than $600 on most exchangers.
The DISH network was the major news yes.I don't see any important bitcoin news other than the Dish news in May 28 - 31, so I guess the jump from ~570 to ~620 is likely related to it.
I wonder what is the reason for the last jump? was it the DISH TV network news? I think bitcoin is already more than $600 on most exchangers.
The DISH network was the major news yes. Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
We are facing similar resistance from last 3-4days..! same thing happened yesterday went upto 680$ fell down to 630$ and day before yesterday went upto 680 fell down and a day before that..! just hope its not falling below 600$Well, if it is happening regularly, then nothing much to worry about. This is simple correction taking place. Someone is booking his profit.
Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
We are facing similar resistance from last 3-4days..! same thing happened yesterday went upto 680$ fell down to 630$ and day before yesterday went upto 680 fell down and a day before that..! just hope its not falling below 600$
I think we either got capped at this 680 resistance and that will end the rally, or we will chop down to 550 or 590 level for another leg up to 720-760. That's my noob prediction. 
I think many are aware there are big players manipulating the prices. Each time, they have enough capital to will the market one way or another.
They can't have it rising up forever and ever. Dips will shake out weaker hands, and allow consolidation while allowing more and more control to the few rich.
They can't have it rising up forever and ever. Dips will shake out weaker hands, and allow consolidation while allowing more and more control to the few rich.
Today we experience a nose dip from around 670 USD to 630 USD ....not sure who dumped ?
i think 800$ is possible, thats max now, then going down to around 500-550$
but still... im holding, cold storage ftw, im safe to temptations
Hodlers will probably win the highest in the end. It's risky business though, and not everyone has the nerve to do so. but still... im holding, cold storage ftw, im safe to temptations
my explanation for the raise is the whales have bought enough cheap btc the last few months. So now they pump it up to sell higher. This happens over and over every year you can see the rise and falls. Note I don't mind the up's and down's it also gives me a chance to make extra cash.
Steve
Steve
i think 800$ is possible, thats max now, then going down to around 500-550$
but still... im holding, cold storage ftw, im safe to temptations
but still... im holding, cold storage ftw, im safe to temptations
MIT lecture couple with dish network announcement probably contribute to the recent run up.
The price seems manipulated by a big whale, in these days it went up under the pressure of a single buy wall.
When the wall disappeared the value was steady/dropping a bit, like in this precise moment.
in what exchange big whale plays?When the wall disappeared the value was steady/dropping a bit, like in this precise moment.
i hope we got some newcomers and investors who have interest in bitcoin
Dish Network news is sweet effect to incereased BTC prices
The price seems manipulated by a big whale, in these days it went up under the pressure of a single buy wall.
When the wall disappeared the value was steady/dropping a bit, like in this precise moment.
in what exchange big whale plays?When the wall disappeared the value was steady/dropping a bit, like in this precise moment.
i hope we got some newcomers and investors who have interest in bitcoin
Dish Network news is sweet effect to incereased BTC prices
I wonder what is the reason for the last jump? was it the DISH TV network news? I think bitcoin is already more than $600 on most exchangers.
Non-bitcoiners have started to believe that Bitcoin is here to stay.
I hopes so.
BTW, most of the average Joe still prefer gold over bitcoin, according to a survey in March. (http://www.coindesk.com/poll-vast-majority-us-rather-invest-gold-bitcoin/).
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