Bitcoin prices definitely on the rise in the last 24 hours. Up nearly 10% at times. Pretty awesome to see. I wish they'd stay over $500 that would be sweet.
Actually, it just needs to be adopted more widely and there needs to be more attainable with btc. So for example the satoshi might be worth 1 dollar. That would really be something.
Topic: lets make bitcoin price high (Read 5675 times)
Not even whales like rpietila are wealthy enough to move the market at will, its a waste of time.
It's working you are moving the price a little?
Well done op you have my attention now.
Where will you be pumping to is the question
Well done op you have my attention now.
Where will you be pumping to is the question
One word : luck
It's working you are moving the price a little?
Well done op you have my attention now.
Where will you be pumping to is the question
Well done op you have my attention now.
Where will you be pumping to is the question
I treat my bitcoin like gold, must hold for 10 years before i use it even once.
not dumping my Bitcoins so fast
Some of us have hundreds of bitcoins and it is 99% or more of their wealth but they are not selling.
not dumping my Bitcoins so fast
OP unless you have a ton of whale friends we can plan nothing.
10 millions could pump the price a little bit, 100 millions would be better to start things off.
OP unless you have a ton of whale friends we can plan nothing.
wait till bitcoin will be 100$ and buy =)
what makes you think it will go to 100 bucks mate ? , cause i think we're gonna see an uptrend based on data i've gatheredOr it will go to 100ish then we will see the uptrend.
would be amazing tho i'd be able to buy quite alot of coins and feel like a bitmillioniare : >
You will only be able to buy twice as much as now.
wait till bitcoin will be 100$ and buy =)
what makes you think it will go to 100 bucks mate ? , cause i think we're gonna see an uptrend based on data i've gatheredOr it will go to 100ish then we will see the uptrend.
would be amazing tho i'd be able to buy quite alot of coins and feel like a bitmillioniare : >
wait till bitcoin will be 100$ and buy =)
what makes you think it will go to 100 bucks mate ? , cause i think we're gonna see an uptrend based on data i've gatheredOr it will go to 100ish then we will see the uptrend.
wait till bitcoin will be 100$ and buy =)
what makes you think it will go to 100 bucks mate ? , cause i think we're gonna see an uptrend based on data i've gathered few years ago the price was 1$ per bitcoin..solets wait and lets see what will happen
Yep... I read something about Bitcoins then, and thought "Heh, cool.".
Heh, cool.
I wish I thought "Heh, cool. Let's buy some!"... And then forget about it... Until I would've read "Bitcoin price $1000" at which moment I would've turned completely pale, frantically looking for the wallet with 100's of bitcoins in it...
well people tend to say that once price is rising its a bubble, once its hitting a new low, they say bitcoin is dying, either way, id say ill be waiting till half of the year to see where this will lead us
Remember when Nobody thought the price could get to 10$?
few years ago the price was 1$ per bitcoin..solets wait and lets see what will happen
Yep... I read something about Bitcoins then, and thought "Heh, cool.".
Heh, cool.
I wish I thought "Heh, cool. Let's buy some!"... And then forget about it... Until I would've read "Bitcoin price $1000" at which moment I would've turned completely pale, frantically looking for the wallet with 100's of bitcoins in it...
well people tend to say that once price is rising its a bubble, once its hitting a new low, they say bitcoin is dying, either way, id say ill be waiting till half of the year to see where this will lead us
wait till bitcoin will be 100$ and buy =)
Lets give bitcoin a couple of years and lets see what happens.
Thats all an average joe can do unfortunately, just buy and hold and wait, unless you have a better plan thats all, oh and talk about bitcoin to clueless people. 
few years ago the price was 1$ per bitcoin..solets wait and lets see what will happen
Yep... I read something about Bitcoins then, and thought "Heh, cool.".
Heh, cool.
I wish I thought "Heh, cool. Let's buy some!"... And then forget about it... Until I would've read "Bitcoin price $1000" at which moment I would've turned completely pale, frantically looking for the wallet with 100's of bitcoins in it...
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up 
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
You are looking for a 10% profit?
a small group of reach guys can easily manipulate the price, so it's may be possible after all
There are many factor that can manipulate the price, for sole reason that we are stil in quite an early phase with bitcoin.
Those factors are;
-Large exchanges who can manipulate the price simply by keeping or dumping fees
-Large mining farm operators
-Wealthy individuals
-Eventualy early adopters who acted smart and are now bitcoin milionares and now belong to group 3
With further spread of bitcoin funds, it will be more and more harder for someone to manipulate the market, just give it a few years more.
Lets give bitcoin a couple of years and lets see what happens.
I'm afraid there is very little the average trader can do to affect the Bitcoin price. Just time and world-wide acceptance will do that.
a small group of reach guys can easily manipulate the price, so it's may be possible after all
The emphasis being on 'rich' guys and they will not be bumping the price to high unless they have millions to play with.
But they can cause a crash quite easily between them get people panicky and rebuy even more with their profits at the lower price.
Good luck guys
a small group of reach guys can easily manipulate the price, so it's may be possible after all
Unless you have the $$$ then you can actually make a bump in the price. Tbh, it is very improbable for a small group of people to move even $10 in the current prices. What you're asking for is difficult to achieve, because you can't tell people what to do, and the fact that not all people have the $$$ to buy bitcoins.
few years ago the price was 1$ per bitcoin..solets wait and lets see what will happen
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
Guys in this forum moving the market - that definitely is not happening.
If you really pump & dumper know it
They will keep buy at low price & high price
So, idea to make bitcoin price high by buying them is pretty crazy
They will keep buy at low price & high price
So, idea to make bitcoin price high by buying them is pretty crazy
So have you began to pump the price yet because i am not seeing it 
Need a good price to rid these coins please hurry
Why dont you just hold for 5 years then come back? or actually dump them for the people that want to buy cheap.Need a good price to rid these coins please hurry
ACtually 2 years would be enough for that after the halving happens.
So have you began to pump the price yet because i am not seeing it
Need a good price to rid these coins please hurry
Why dont you just hold for 5 years then come back? or actually dump them for the people that want to buy cheap. Need a good price to rid these coins please hurry
So have you began to pump the price yet because i am not seeing it
Need a good price to rid these coins please hurry
Need a good price to rid these coins please hurry
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hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
Best investment idea ever!
Yes, I will buy plenty of coins so you can sell your 0.10BTC for a high price
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
i just sold my bitcoins. now it will go up Thanks and no thanks for selling it so cheap
Thats not that easy. people has to use it to purchase goods. etc. and more and more people, it will rise
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
i just sold my bitcoins. now it will go up 
The price will continue to fall. Then you can get more cheap coins.
i think just a little buy not help bitcoin price
Hmm OP, I think this is rather complicated...
See, the people who want the price to be high have mostly already bought
Wish I could buy more!
Hope some newbie whale will help you out soon
A newbie is not likely to be a whale at this point. See, the people who want the price to be high have mostly already bought
Wish I could buy more!
Hope some newbie whale will help you out soon
Hmm OP, I think this is rather complicated...
See, the people who want the price to be high have mostly already bought
Wish I could buy more!
Hope some newbie whale will help you out soon
See, the people who want the price to be high have mostly already bought
Wish I could buy more!
Hope some newbie whale will help you out soon
In order to make it happen, you need to convince the big whales. A group of small fish won't be able to make any difference. Hardly that will make any dent on the price market. And who knows what the whales are thinking at the moment. I believe there are far bigger conspiracy like fiat financial institutions banding together to make that happen.
Need all aspect to support it's price !
Recently bitstamp is getting hack, that the terrible news that will make us as bitcoin trading losing it's faith against bitcoin.
The result : everyone dump it then bitcoin keep decreasing
Let's hope that this never happen again
When you can buy up 50k Btc and your friends can buy the same and you have many of them friends, then maybe you can talk about raising the price. My 2015 prediction it will stick mid to high 2's then just before the summer it will raise to low to high 3's. In other words it aint going up anytime soon 
well, bitcoin it's not like a pizza..you can say i want a pizza now and a pizza is out to your door. bitcoin is an industry, a complex market..i think you saw during last year the increase and decrease of bitcoin so..only god will help us
In order to make it happen, you need to convince the big whales. A group of small fish won't be able to make any difference. Hardly that will make any dent on the price market. And who knows what the whales are thinking at the moment. I believe there are far bigger conspiracy like fiat financial institutions banding together to make that happen.
It is very funny to see how self-assigned supporters of a totally free trade system like bitcoin (no regulations, no state, freedom to act) are calling desperately for collective rules and behavior denying the exact principles of freedom on which the system they pretend to support is built !
"I'm a freedom supporter, but please all do as I say :-) "
"I'm a freedom supporter, but please all do as I say :-) "
i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
Dont you realize you talk about thousand of trader out there? Every people have different mind. Some people only want fast cash and some people want profit from trading. How you will make them follow your words? That impossible. We only can watch they spend their own money. We cant do anythingif you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
We need to go to an exchange with less volume and pump in BTC at a higher price. Maybe that can help, but I don't really knwo
I don't think many people in this thread understand how the open market works.
Firstly, nobody is going to listen to someone on a forum telling them to raise their sell orders.
Secondly, people who really want to sell their coins will just push the price even lower.
Firstly, nobody is going to listen to someone on a forum telling them to raise their sell orders.
Secondly, people who really want to sell their coins will just push the price even lower.
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
Long term buyer will like to keep price as low as possible in the short term so they can accumulate.
Not sure about that. They will try to accumulate over a long period so as not to move the price, but that doesn't mean they will actively suppress the price. That could end up hurting their large/potentially long term position quite badly.
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
Long term buyer will like to keep price as low as possible in the short term so they can accumulate.
We can't do nothing, unless the lucky early investors that are super rich off Bitcoin want to do something, but im afraid they are too busy enjoying their private resorts and don't give a shit anymore.
So yeah, we can't change anything, we need constant demand.
So yeah, we can't change anything, we need constant demand.
up and down it goes where it stops nobody knows! ahhh yes, btc is just so inspiring to watch. The greatest roller coaster ever!
Seriously though, btc has a lot going for it. As long as people are spending it then it will have power and value. But the thing is that bitcoin in not as anonymous as people really like or want. So when that population of the market goes to buy or otherwise accumulate virtual currency that IS anonymous AND enough people do that... then btc will be seen as the trash it is (well compared to anonymous currency)
Or as they say... one man's trash is another man's treasure (sorry for the macho stuff ladies)
Seriously though, btc has a lot going for it. As long as people are spending it then it will have power and value. But the thing is that bitcoin in not as anonymous as people really like or want. So when that population of the market goes to buy or otherwise accumulate virtual currency that IS anonymous AND enough people do that... then btc will be seen as the trash it is (well compared to anonymous currency)
Or as they say... one man's trash is another man's treasure (sorry for the macho stuff ladies)
I think if people have a genuine desire for the price to rise, then need to do less hoarding and more transactions.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
I have to agree. If no ones doing anything with BTC where's the value?
Usability is just too low a level of demand, most of the higher level demand is spiritual
How much will people pay for realizing a dream?
Besides bitcoin, is there anything out there can give you a dream that totally change the financial world that you got used to? 
If you genuinely want Bitcoin to go up again based on solid fundamentals, then support the use of the blockchain for data storage and messaging. It is the best inherent use for Bitcoin that we have.
Storj already does that i believe.
Buy and wait for a few month
We'll see if bitcoin price can fly up
We'll see if bitcoin price can fly up
I think if people have a genuine desire for the price to rise, then need to do less hoarding and more transactions.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
I have to agree. If no ones doing anything with BTC where's the value?
I think if people have a genuine desire for the price to rise, then need to do less hoarding and more transactions.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
What makes something valuable is its usability.
Im trying to make at least 1 purchase with btc every week now.
Definitely supporting local businesses that accept btc, and i call and emailed all companies (who currently dont accept) asking them to accept btc in the future.
I am not fixated on the price ^Smile^
I buy a little bit every month, with whatever is left after I paid everything and hoard it.
I believe in the technology and where it will go in the future ^Grin^
I buy a little bit every month, with whatever is left after I paid everything and hoard it.
I believe in the technology and where it will go in the future ^Grin^
Just like with every investment, i just passively buy at the end of the month regardless of price.
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
I wonder how that will turn out seems like an interesting enough speculation strategy
Dollar cost average a fixed amount each month starting in January 2015 and see how it goes till December 2015
Never really thought about blogging about it, but it might be a cool idea to check back here around Xmas 2015. See if it was worth a steady monthly buying plan or would it have been more cost effective to buy one lump amount in late Dec.
Just like with every investment, i just passively buy at the end of the month regardless of price.
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
I wonder how that will turn out seems like an interesting enough speculation strategy
Dollar cost average a fixed amount each month starting in January 2015 and see how it goes till December 2015
Just like with every investment, i just passively buy at the end of the month regardless of price.
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
I did add a few extra bucks to the purchase pool due to the current low price/end of year/Santa money
Don't know if it's a good moment to buy at this moment.
The best is to keep what you have, i think, and see what's going on the next few months.
The best is to keep what you have, i think, and see what's going on the next few months.
if your paper loss is small, sell at a loss. if you bought really high, like around 600 - 1000, then you have no choice but to keep holding cos you're a bag holder.
Don't know if it's a good moment to buy at this moment.
The best is to keep what you have, i think, and see what's going on the next few months.
The best is to keep what you have, i think, and see what's going on the next few months.
Everyone that owns BTC is watching the price, knows it's been down for a while and may be enticed to buy some if we saw a quick burst. If there's a quick jump in the price people may feel they're going to "miss out on the run up" if they don't busy some coin immediately. That said, you need a lot more volume than this thread can produce...
Yes, buy amount that you can afford, but don't fight the trend
sounds like a plan to me.
at this time not buy to even treat when!!!!!!
If the merchants who are accepting bitcoin payment don't dump their bitcoin for fiat right away at the market price or below market price, I think bitcoin will be stable a little bit. If they want to sell the bitcoin, they shoud at least have a little faith in it until the price reach the expect level.
no one owes anyone any favors. everyone can do, and should do whatever they like with their coins. isn't that what we wanted in the first place?
i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
Dont you realize you talk about thousand of trader out there? Every people have different mind. Some people only want fast cash and some people want profit from trading. How you will make them follow your words? That impossible. We only can watch they spend their own money. We cant do anything if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
ye lets all purchase 1 bitcoin. Kappa
If the merchants who are accepting bitcoin payment don't dump their bitcoin for fiat right away at the market price or below market price, I think bitcoin will be stable a little bit. If they want to sell the bitcoin, they shoud at least have a little faith in it until the price reach the expect level.
lets make bitcoin price high.....
I remember a guy that sounded like a pirate who had a plan to pump the coin....
Older members know how it ended.
I remember a guy that sounded like a pirate who had a plan to pump the coin....
Older members know how it ended.
Yes, buy amount that you can afford, but don't fight the trend
Don't sell at a loss, esp if you bought in recent times. Also, if you bought a while ago there's no point in selling now at the near bottom unless you're hurting for fiat now. You knew the spiel about not ... yada yada yada and being able to chill and live w/ your choices until the market turned. That said, if you know the market is gonna crap, then go ahead and contribute more to it and sell in the hopes of copping more in a short time. Be careful tho.
don't fight the market/trend
we broke through important support.
You're obviously a noob-trader.
we broke through important support.
You're obviously a noob-trader.
this.
If you genuinely want Bitcoin to go up again based on solid fundamentals, then support the use of the blockchain for data storage and messaging. It is the best inherent use for Bitcoin that we have.
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^^^
True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
now that's a statement i like! True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
are you trying to hype the inflation-coin again?
^^^
True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
now that's a statement i like! True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
^^^
True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
True, the limited supply of Bitcoins will eventually help make paper money look like the trash it is.
No need to do that, it will automatically go higher sooner or later, you can't fight with mathematics long term wise
There are billions of fiat money printed out every day everywhere in the world, most of those money went into investor's pocket, and investors will diversify their investment into any category that have future potential, bitcoin currently is the no.1 in the list
The twins collected 100k coins after bitcoin exchange rate crashed 90% during 2011, and this time there will be far more people than them waiting to get cheap coins, but how cheap is cheap is the question, you can look at the mining cost to get a rough estimation. I think $300 coin is not enough to cover the mining cost currently, but market can be irrational for much longer than you can imagine
There are billions of fiat money printed out every day everywhere in the world, most of those money went into investor's pocket, and investors will diversify their investment into any category that have future potential, bitcoin currently is the no.1 in the list
The twins collected 100k coins after bitcoin exchange rate crashed 90% during 2011, and this time there will be far more people than them waiting to get cheap coins, but how cheap is cheap is the question, you can look at the mining cost to get a rough estimation. I think $300 coin is not enough to cover the mining cost currently, but market can be irrational for much longer than you can imagine
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i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
People are willing to sell for less. It is their right in an open market.
What you're asking for is price collusion.
tsk tsk
nothing wrong with trying but it wont work...Bitcoin is too distributed... someone will break rank and then its off the races.
i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making very bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making very bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
also noob-trader.
You do realize most of the buysupport is fake, do you?
yes, which is why i dont see an issue in regards to moving orders to where prices are preferential.. rather than let the naive traders panic and sell at whatever low price the buy players are dropping too..
i am not a naive trader by a long shot. i gave up trading my large hoards purely because i did, as you have seen the falseness of exchange trades.. i do not even bother checking the exchange values unless i see the panicky posts people write and then see what they are panicking about.
for anyone wanting instant cash.. sell on localbitcoins / otc's.. and for those investing. put their sell prices at higher preferencial prices. and realise the most easiest fact about trading.
you dont lose unless you sell at a loss.
so stop selling at a loss
i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
People are willing to sell for less. It is their right in an open market.
What you're asking for is price collusion.
tsk tsk
i would say it was much easier to convince all bitcoin sellers to stop trying to sell below $300,
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
if you get everyone to put their sell orders at $450, there will simply be less coin on the sell walls, making it far far easier for the price to rise. i truly find it funny when people dont realise that if they have coins on the exchange, it is there own actions causing a price drop. and the simple solution is a consensus that no bitcoin should be sold below $300, making every bitcoin worth atleast $300.
but then again trying to break through the natural panic emotions of naive traders, and get them to go against their natural mindsets is the problem
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
THIS IS AN EXCELLENT IDEA, except for the fact that isn't there a seller involved? For example, if 1,000 people purchased bitcoins, regardless the amount, there's 1,000 sellers transferring the exact same amount, with the miners obtaining fees for the efforts. I honestly fail to see how this model would accomplish what you have in mind.
On the other hand, open up a rogue exchange, specifically designed to fluctuate the market from within, then you'll have a recipe for price increase.
I think it'll be a while before they go up. Last time they went up there was a lot of publicity for bitcoin and lots going on. 2014 has seen a gradual decline and some good big hacks and closures. I guess this might cause some people to lose faith / trust a bit.
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don't fight the market/trend
we broke through important support.
You're obviously a noob-trader.
we broke through important support.
You're obviously a noob-trader.
hey guys i just bought some bitcoins today, let us all help each other to make bitcoin price go up
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
[Feb 7, 2015 UPDATE]
wow! guys i don't know why or maybe its a coincidence? because the BTC price is going up
Lets keep up the good work and buy coins while the price is still low and let us sell it when we feel that it goes high!
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