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Topic: Good Weekend or just a pump? - page 3. (Read 500 times)

member
Activity: 238
Merit: 15
June 30, 2018, 12:55:42 AM
#15
Too early to say if we are out of the woods yet; however, good to see some green this weekend. July will be the month where we will be able to gauge if this will be an extended bear market or not.
member
Activity: 238
Merit: 10
June 30, 2018, 12:48:50 AM
#14
Finally some green action. I hope that this is not just a pump and we stay above the 6200 - 6300$ level for BTC. If that is the case, we probably will see more green starting from monday.
sr. member
Activity: 490
Merit: 256
June 30, 2018, 12:44:17 AM
#13
Theoretically, the current surge is both just a pump and also a good weekend. I believe that this is just a pump since nothing solid supports this surge. Without a solid foundation and support could latter cause a collapse in the price. Although this is just a pump, this is a good opportunity for day traders to gain so much. Thus I consider this as a good weekend also.
full member
Activity: 378
Merit: 100
ARIZN - Tokenised Crowdfunding Platform
June 30, 2018, 12:36:40 AM
#12
I think so its not just a little pump. We are in good weekend Smiley all crypto moneys will raise, we see green days and maybe this time bitcoin can reach 7000 dollars Smiley
I hope we see more green days!
full member
Activity: 2184
Merit: 184
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June 30, 2018, 12:35:04 AM
#11
My guess is that it is just a temporary spike in the market. There's some news that $100M worth of tethers were printed; this might be the effect of that. I been in this space for too long but I know that no one can predict the market and only the news can sway the market.
sr. member
Activity: 602
Merit: 259
June 30, 2018, 12:32:57 AM
#10
I guess we better keep our bulls in the control! This could be just another sloppy pump with someone pouring lot of money, I guess a whale for sure.
This kind of up surge is been there lot of times so I am not that excited about it as you might be. We should wait for the data, need to see how much upward trend it follows? A bull market sign will appear if the spikes are above 15-20% slot. This is because a bull is always recognised with that much spike. So this could be just another good weekend, a time to grab little % profits and reinvest what we have earned back into the bitcoin or preferred coin. Cheesy
newbie
Activity: 140
Merit: 0
June 30, 2018, 12:30:26 AM
#9
I also do not see this as a pump, I see this temporary spike due to the positive reviews and good response from investors, so the value of altcoin becomes strong, although only briefly is a very positive thing for some people.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
June 30, 2018, 12:28:11 AM
#8
To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
If we observed the movement, then we will understand that it is not a pump but a natural reactions when dumped happen, more newbies and believers
bought those cheap coins and take the advantage, knowing that it is a good chance to have small gains, better to be well prepared when that so called
dumped again followed and repeat the scenario.
sr. member
Activity: 1190
Merit: 306
June 30, 2018, 12:27:42 AM
#7
To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
How would you define a "pump" then, other than a huge increase in price?  That's what's happened today, and I don't think there has been any news that would account for it.  Not that I'm complaining, because I'm not.  I'm happy to see bitcoin at $6300 and moving up.  But I think this is just speculators getting back into the market after taking their profits off the table, which is normal behavior in any market.  It remains to be seen whether this is "natural growth" as you say.
full member
Activity: 420
Merit: 100
June 30, 2018, 12:26:35 AM
#6
I think this is good news for the crypto community. because actually no one can predict with certainty whether the market conditions will last long or only briefly. but this is a great opportunity to sell the coins you've been holding.
member
Activity: 221
Merit: 10
June 30, 2018, 12:20:38 AM
#5
I think it's still going down.
Because there's no new money coming into the market, that's the most important thing.
member
Activity: 98
Merit: 10
June 30, 2018, 12:13:53 AM
#4
If you are a trader. Its not a pump. It's squeezing falling wedge and double bottom at 5700. This bounce is expected (not reversal). You get my point if you are a trader.
member
Activity: 756
Merit: 16
We All Can Make It
June 30, 2018, 12:12:22 AM
#3
To see the market recover without any major announcement is a good sign and I don't see this as a pump.
I think a natural growth is more sustainable than a big news inspired one. Investors confidence is more likely the reason.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
June 30, 2018, 12:03:26 AM
#3
The price surge is due to positive outcome of some projects that converted their blockchain on their own like trx, eos and some major coins. Also ethereum is improving so there's a lot will probably buy back. Last week was a shopping time and will extend maybe 2 more weeks, until the price hit 10k usd. Some investors already accumulating a lot for future contracts with some huge project that acknowledge acceptance of blockchain. Like Mastercard winning the patent for blockchain application, Some banks open for adaptations of this growing industry. Look out, Union bank will pursue blockchain integration for clients. Investors dont want to miss this opportunity.
jr. member
Activity: 294
Merit: 3
June 29, 2018, 11:52:25 PM
#2
Looks like another normal fluctuated day we have been witnessing since couple of months. You cant predict if it will long last just because its pumping today.
sr. member
Activity: 1106
Merit: 310
June 29, 2018, 11:50:41 PM
#1
Hello everyone, im sure we are happy with the latest happening today
suddenly a surge on crypto going up just makes us smile all day
are we seeing the rebound or its just temporary, my view is 50/50
im not pretty sure what happen, because what i heard is all but negative
but sudden upward trend happen last night when i thought im going to lose
a lot it just came up and makes me regret for not buying other coins
what are your views are we seeing this trend for a month or this is just
a pump? feel free to share your views lets help each other
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