Crossed 500 USD - Bull Market returns ? - page 13.

BitCoinDream

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The revolution will be digital

Quote from: DolanDuck on May 30, 2014, 09:22:44 AM

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.

The price is still above 600 USD. Looks like it is the effect of the Dish network accepting Bitcoin. Non-bitcoiners have started to believe that Bitcoin is here to stay.

DolanDuck

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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.

100bitcoin

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600 USD crossed ....the bull is roaring ...looks like the graph I posted on April 15 is actually valid

BitCoinDream

legendary

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The revolution will be digital

Quote from: wasserman99 on May 24, 2014, 04:05:01 PM

When exactly does it become a confirmed bull market? All I know is that we could not make a higher high on this last leg, so we are still technically having a successive lower high. So that alone tells me we cant say bull market yet!

I think it is technically incorrect to use the word confirmed bull market. Bull market can not be confirmed, whether it is share market or crypto currency market. A market can turn around any day... any time. Standing at the present, we can just look back to the past and say it was a bull market Wink

Today's High: $579.47

wasserman99

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When exactly does it become a confirmed bull market? All I know is that we could not make a higher high on this last leg, so we are still technically having a successive lower high. So that alone tells me we cant say bull market yet!

Zyborg

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Quote from: jodybay on May 21, 2014, 07:08:50 AM

Quote from: BunsenBurner on May 21, 2014, 05:42:13 AM

Quote from: GraniteCoin on May 21, 2014, 05:06:28 AM

Quote from: BunsenBurner on May 21, 2014, 05:05:17 AM

What exactly happened to drive the price rise from ~450 to ~500 in a day? Huh

maybe..Bitcoin 2014 conference @ Amsterdam

Or maybe this? http://www.coindesk.com/cryptocurrency-oxford-online-dictionary/
Of course, I'm just joking lol.

I am really confused why some people gain confidence in bitcoin suddenly in a day...

maybe just because its getting mainstream almost everyday people is now accepting and learning how to use it which good i think Cheesy

It's far from mainstream though.

BitCoinDream

legendary

Activity: 2282

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The revolution will be digital

519.11 USD is highest today ...hold ! hold ! hold ! Bull needs the strong hands to fight the Bear

deebob

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Quote from: BitCoinDream on May 21, 2014, 07:05:17 PM

Quote from: dadugan on May 21, 2014, 11:10:39 AM

Paying 500 usd for private key is not an idea most people will take.

You missed the whole point of Bitcoin. Happy burning FIAT Wink

You sir are just mean lol.

Just because someone doesnt understand what fiat means lolol.

BitCoinDream

legendary

Activity: 2282

Merit: 1204

The revolution will be digital

Quote from: dadugan on May 21, 2014, 11:10:39 AM

Paying 500 usd for private key is not an idea most people will take.

You missed the whole point of Bitcoin. Happy burning FIAT Wink

kuroman

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Activity: 588

Merit: 501

Quote from: dadugan on May 21, 2014, 11:10:39 AM

Paying 500 usd for private key is not an idea most people will take.

euh what? by same logic paying 500$ for one 500$ bill (another piece of paper) is not an idea most people will take which is not the case, it's the concensus of value you give it, bitcoin cost money to produce (hardware-electricity ect ect) it can buy you stuff, and thus it has a value

dadugan

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Paying 500 usd for private key is not an idea most people will take.

jodybay

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if you want something do something!!!

Quote from: kuroman on May 21, 2014, 10:48:03 AM

Quote from: jodybay on May 21, 2014, 10:32:17 AM

Quote from: kuroman on May 21, 2014, 09:17:48 AM

not yet, if you notice the current trend, the price has already stable around the 500$ If the price were to have another 50-100$ jump it would require a massive buy out of 500-1000btc

so thats mean that we should only be patient and hhooddlll until it climbs up again i wish it will became stable for the couple of months and rise a little bit

there is a slightly higher chance for it to rise than to drop, but everything is possible, bitcoin is still quite speculative and still a relative not large movement (500bitcoins is not a huge quantity if you consider the amount of money poured in the stock market for example) can make the difference in bitcoin at the moment Sad

this is the fault of those chinese people uurgghh screw them

kuroman

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Activity: 588

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Quote from: jodybay on May 21, 2014, 10:32:17 AM

Quote from: kuroman on May 21, 2014, 09:17:48 AM

not yet, if you notice the current trend, the price has already stable around the 500$ If the price were to have another 50-100$ jump it would require a massive buy out of 500-1000btc

so thats mean that we should only be patient and hhooddlll until it climbs up again i wish it will became stable for the couple of months and rise a little bit

there is a slightly higher chance for it to rise than to drop, but everything is possible, bitcoin is still quite speculative and still a relative not large movement (500bitcoins is not a huge quantity if you consider the amount of money poured in the stock market for example) can make the difference in bitcoin at the moment Sad

jodybay

sr. member

Activity: 266

Merit: 250

if you want something do something!!!

Quote from: kuroman on May 21, 2014, 09:17:48 AM

not yet, if you notice the current trend, the price has already stable around the 500$ If the price were to have another 50-100$ jump it would require a massive buy out of 500-1000btc

so thats mean that we should only be patient and hhooddlll until it climbs up again i wish it will became stable for the couple of months and rise a little bit

kuroman

hero member

Activity: 588

Merit: 501

not yet, if you notice the current trend, the price has already stable around the 500$ If the price were to have another 50-100$ jump it would require a massive buy out of 500-1000btc

designerusa

legendary

Activity: 2310

Merit: 1028

Quote from: BunsenBurner on May 21, 2014, 05:42:13 AM

Quote from: GraniteCoin on May 21, 2014, 05:06:28 AM

Quote from: BunsenBurner on May 21, 2014, 05:05:17 AM

What exactly happened to drive the price rise from ~450 to ~500 in a day? Huh

maybe..Bitcoin 2014 conference @ Amsterdam

Or maybe this? http://www.coindesk.com/cryptocurrency-oxford-online-dictionary/
Of course, I'm just joking lol.

I am really confused why some people gain confidence in bitcoin suddenly in a day...

Confidence was already there. People just wait price to go up.

jodybay

sr. member

Activity: 266

Merit: 250

if you want something do something!!!

Quote from: BunsenBurner on May 21, 2014, 05:42:13 AM

Quote from: GraniteCoin on May 21, 2014, 05:06:28 AM

Quote from: BunsenBurner on May 21, 2014, 05:05:17 AM

What exactly happened to drive the price rise from ~450 to ~500 in a day? Huh

maybe..Bitcoin 2014 conference @ Amsterdam

Or maybe this? http://www.coindesk.com/cryptocurrency-oxford-online-dictionary/
Of course, I'm just joking lol.

I am really confused why some people gain confidence in bitcoin suddenly in a day...

maybe just because its getting mainstream almost everyday people is now accepting and learning how to use it which good i think Cheesy

BunsenBurner

hero member

Activity: 653

Merit: 500

Quote from: GraniteCoin on May 21, 2014, 05:06:28 AM

Quote from: BunsenBurner on May 21, 2014, 05:05:17 AM

What exactly happened to drive the price rise from ~450 to ~500 in a day? Huh

maybe..Bitcoin 2014 conference @ Amsterdam

Or maybe this? http://www.coindesk.com/cryptocurrency-oxford-online-dictionary/
Of course, I'm just joking lol.

I am really confused why some people gain confidence in bitcoin suddenly in a day...

GraniteCoin

member

Activity: 70

Merit: 10