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Topic: Gemini's launch and impact on Bitcoin price - page 4. (Read 5200 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
I dont think it will make any difference on the price, no new exchange has in the past.

maybe if they can figure out some sort of Willy Bot 0.2 though...
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
We already see pump & dump after Gemini's launch, but this one didn't give much impact to bitcoin price unlike when Coinbase launch their exchange & there were crazy pump & dump.
They're good exchange, but i think they didn't promote their exchange well, so it didn't give much impact to bitcoin price.
legendary
Activity: 2730
Merit: 1288
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Traders will buy extra coins to sell on Gemini. The closer it gets to launch time, the more coins they will buy. Of course some traders always will sell for a small profit after any pump, so we had a small correction earlier on. Price rarely rises in a straight unbroken vertical line for long. In the long term the Gemini launch will mark the start of a sustained price rise.

I agree expectations will raise price, but when it will actual happen there will be a correction.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

On the short term, a pump and dump period just started.
On the long term, it has a good chance to affect the price since there are a lot of people with big bucks that believe in the twins and would invest into bitcoin because of them, but this will be seen in many months to come, not this quick.
hero member
Activity: 700
Merit: 500
there is already a mini-mini pump ongoing, maybe the gemini is causing it who, now the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best


Agreed with you at the moment price has good sign to going up from last week and it stable at up to $238 and with upward signs so we can keep hope it will move more up and cross again $300 again in current month.
sr. member
Activity: 327
Merit: 250
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Traders will buy extra coins to sell on Gemini. The closer it gets to launch time, the more coins they will buy. Of course some traders always will sell for a small profit after any pump, so we had a small correction earlier on. Price rarely rises in a straight unbroken vertical line for long. In the long term the Gemini launch will mark the start of a sustained price rise.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 07, 2015, 07:19:45 AM
#9
there is already a mini-mini pump ongoing, maybe the gemini is causing it who, now the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best


I wouldn't call it a mini pump, it's just a good growth in my opinion. A good reaction for a very positive news in Bitcoin ecosystem. We don't need what has happened with Coinbase announcement, when we shot all the way pass $300 just to fall straight down on our face.

I would be happy if we would grow up to $260 and just create there a new healthy floor while staying there!
full member
Activity: 196
Merit: 100
October 07, 2015, 05:39:02 AM
#8
easy ACH transfers to the exchange and hopefully they wont be retarded like coinbase and ban everyone and their mom(s) for no reason.

I am looking forward to using their platform.
legendary
Activity: 3248
Merit: 1070
October 07, 2015, 05:33:54 AM
#7
there is already a mini-mini pump ongoing, maybe the gemini is causing it who know, the swing is so little that you can attribute it to anything

it should anyway have some sort of an impact of the market, but i would expect to return at 270 at best
legendary
Activity: 1946
Merit: 1007
October 07, 2015, 02:45:42 AM
#6
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.

Still looking like a steady price rise to mee. Just a little normal correction in between, nothing to be afraid of.

The real launch is when stuff will happen. Just one more day! This will be interesting.
legendary
Activity: 2170
Merit: 1427
October 07, 2015, 02:01:26 AM
#5
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.

Looks like some traders got a little bit too excited with buying, or we might see another bump bringing the price to over $250 today. I have the feeling something will happen today.
legendary
Activity: 1036
Merit: 1000
October 06, 2015, 05:41:46 PM
#4
it hit 249.01 at bitfinex today and now is steadily going down like the trooper it's always been. 246 and falllllllllllllllllllllling.
legendary
Activity: 896
Merit: 1000
October 06, 2015, 05:34:12 PM
#3
Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

the price went up a few bucks today, which might be due to the near launch of the gemini exchange. i hope we'll maintain the $250 level and not fall back to below $240.
legendary
Activity: 1512
Merit: 1012
October 06, 2015, 04:49:07 PM
#2
Useless.















Resistance is futile, Bitcoin will always win at the end.
We are already here to stay.

newbie
Activity: 6
Merit: 0
October 06, 2015, 04:47:13 PM
#1
Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?
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