Looks like $6000 is just another pump and dump - page 2.

orions.belt19

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Quote from: fulmetal08larz on October 23, 2017, 08:50:00 AM

In my opinion, this kind of trend on bitcoin's price is normal. This is just the way it goes, probably most are taking profit who have set their goals at $6k mark. The price of bitcoin currently is not the end of it, it might hit around $7k probably next month, and I, personally think, that the $10k mark is not impossible to reach in the upcoming months and we'll probably see the new year 2018 with a big bang! I'll stick with my strategy of buying bitcoin when it hits the bottom, then sell once I obtained my goal/target price.

I’d like to agree that hitting the $10K would seem impossible in the upcoming months but we will still experience a price increase especially by the end of the year.

I don’t think that this is just another pump and dump; as said, bitcoin is able to avoid this already unlike with other coins. Judging from the trend, its normal for bitcoin to experience this. It is but expected for their to be a price correction especially after experiencing a long rise in price.

Unplugged

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: Kronos21 on October 22, 2017, 09:38:14 AM

I doubt that the price climbs to $ 6000 it was pumping. It was predictable and has a logical explanation. I think that after Oct 25, we are waiting for this predictable decline. Those who are afraid of today's falling prices may not panic. I am sure that tomorrow the price will go up and maybe even reach 6500 dollars. Have patience and you will be rewarded.

Well said. The only question that remains it at what price would it be corrected. With Bitcoin and digital currencies patience is really the key. No one really anticipated that the pricing we have today will be reached when it was first released.

Shinpako09

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I don't think it was just a pump and dump, although it appears something like that. It happen everytime, it was expected to have a fall after a rise and also accompanied by fork this time so the next movement is really a fall.

Koadharber

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Quote from: ajochems on October 23, 2017, 12:47:16 PM

Quote from: BlackPanda on October 23, 2017, 11:07:46 AM

Quote from: lanyounanhai on October 23, 2017, 10:24:32 AM

No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world

Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible.

Their will be a pump and dump in the price of bitcoin in the world of cryptocurrency,now the price of the bitcoin achieve the stable Rates.Many are saying,the price of bitcoin will increases till fork and after that the price will reduce some how and settle at a certain price.If this happen so,the price will be stable at 6000$ .At this year end the price will ,the price of bitcoin will reach the value of 7000$ You can see 10k$ in 2018.

We would eventually reach out those prices but wont really be on this year. Adoption would really takes place and these kind of pump and dump groups or people would really be new after all on this trading world.For now we did able to reach out $6k price but talking about 7k isnt really already possible at all. We can able to say such thing on where bitcoin is just like a usual stuff like on other altcoins.

ajochems

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Quote from: BlackPanda on October 23, 2017, 11:07:46 AM

Quote from: lanyounanhai on October 23, 2017, 10:24:32 AM

No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world

Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible.

Their will be a pump and dump in the price of bitcoin in the world of cryptocurrency,now the price of the bitcoin achieve the stable Rates.Many are saying,the price of bitcoin will increases till fork and after that the price will reduce some how and settle at a certain price.If this happen so,the price will be stable at 6000$ .At this year end the price will ,the price of bitcoin will reach the value of 7000$ You can see 10k$ in 2018.

BlackPanda

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Quote from: lanyounanhai on October 23, 2017, 10:24:32 AM

No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world

Yes bitcoin prices are currently very stable and very strong to avoid the things that can make the price of corrected bitcoin. dump and pump is a very natural thing in the world of cryptocurrency, now also the state of bitcoin prices seems to have started to keep the lower limit, I see that bitcoin is very comfortable once in the price range 6000 $. This has to be maintained and I even expect the bitcoin price to be much higher than it is today. the opportunity is wide open and I feel that this is a thing worth waiting for many people. Bitcoin prices will again showed positive rhythm and we should make the best use possible.

Rahar02

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Warning - Warning
Btc is down
Btc is down
Keep falling to $5666 right now.
Is it a sign of dump time? Still no clue, as bitcoin price predicted to get corrected in every ATH.
Yes, $6000 is a hot price right now and bitcoin struggling to stand at this point.
People buy and sell within days, afraid of missing out or fear if bitcoin price suddenly drop, but before BTG hard fork? I don't think so.
Bitcoin price suppose to increase as people expecting free BTG in few days later, look at yobit, btg trading reach BTC0.1

lanyounanhai

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No, it is not just another pump and dump. Bitcoin is now strong enough to avoid these things. it is because people are very fascinated in what bitcoin can do and somehow, they can receive free coin from bitcoin, too. That is why people are buying bitcoin. Then, they will sell all of their bitcoin for profit. What a ridiculous world

fulmetal08larz

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In my opinion, this kind of trend on bitcoin's price is normal. This is just the way it goes, probably most are taking profit who have set their goals at $6k mark. The price of bitcoin currently is not the end of it, it might hit around $7k probably next month, and I, personally think, that the $10k mark is not impossible to reach in the upcoming months and we'll probably see the new year 2018 with a big bang! I'll stick with my strategy of buying bitcoin when it hits the bottom, then sell once I obtained my goal/target price.

hase0278

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Quote from: tscen on October 22, 2017, 08:25:33 AM

The top is in i guess? lower low downtrend begins!

This aint a good sign since this somehow proves that bitcoin price now is manipulated. It might be wrong but the current price movement tells us that there is an entity out there trying to seize control of bitcoin price and this entity is someone with enough influence. Probably the top has already been reached and the chance of the current movement in price is the sign of the beginning of crypto winter. For now I think it is better to sell some bitcoin now rather than buy.

Reatim

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Eloncoin.org - Mars, here we come!

I was out couple of days but the price seems to be on a roller coaster ride. This is a sign that the market is somewhat being pump, swings of $100-200 every hours has been the norm. Maybe there are somewhat from behind doing a pump and dump, right now the price is just below $6000, because someone has already cashing in and taking profit and advantage of the looming fork in 2 days time. This is just my honest opinion.

omnik

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Quote from: 8270thNinja on October 22, 2017, 08:37:07 PM

the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.

The trend depends on the market of the bitcoin itself and those are interesting to earn free money and after they are all getting it and i believe about that they will try to dumo it as fast as possible to take a lot of the profit.

xFGND

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It's called a correction, not every up / down is a pump & dump.

8270thNinja

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busy in real life, long post gap is understandable

the decline will be happening after the dumping of Bitcoin Gold. which is i think is really near. bitcoin stays aove $5800 up to $6000. It should have been be back to $4000 if the uptrend is just for pump and dump.

crairezx20

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I feel this is nearly collapse sooner since the fork will nearly to done we will see holders will sell back bitcoin after they get the bitcoin gold...
And other holders are now confused because before its late they provably choose to sell their bitcoin just to getting benefits of the price increase from the past few days.. Hope others will stay holding until november..

Pearls Before Swine

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Nope, we're still very much in an upswing. Call it a 'pump' or whatever, but we're in the
middle of a very strong bull market. Yes, there was a little selloff, but look at how fast
bitcoin rebounded. I'm not one to make silly emotional statements regarding the bitcoin
market, but now is definitely not the time to sell.

However, the articles I've read here about people mortgaging their houses to buy bitcoin,
and that gentleman and the family who sold everything to buy it...that stuff has me
concerned about this being a bubble primed to pop. And that might be the case, but my
feeling is that we still have some time.

MiningSensei

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Probably it will go up in the next hours, we all believe in bitcoin and i really think that the price will climb again to $6200 as soon as possible. But we should think about the upcoming fork too, it is going to dump bitcoin price a little too. But we should see how it goes, anyway, i dont think that it all was just a dump and pump, because we have been hearing good news for more than two weeks, and that is the only thing that matters, the good news about bitcoin.

machinek20

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Quote from: uszaty43 on October 22, 2017, 05:33:33 PM

Looks like bitcoin is now going down, maybe this is one of those process that happens before a good pump? i dont know why it has dropped so much since yesterday, it was upto $6200 each btc and now it is below $5900 each one. anyway, i am still positive about bitcoin and i can not complain about anything.
But i was going to withdraw some bitcoin tomorrow and i will hope to see bitcoin over $6000 again.

This usually happened because the price going up too fast, it likes people playing pump and dump game, so there are no actual people increase their investment in bitcoin, and this few days rising is because most of them want to get bitcoingold, a lot of people attempted to obtain this free coin after they saw how valuable the bitcoincash

kwukduck

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It's always like this, right before the massive crash it runs up.

Fact is, people don't want centralization like Bitcoin.
They want decentralization, which is exactly what BTG offers.
BTC is Bitcoin of the people, in contrast to the now Corporate Bankster Bitcoin Core.

Bitcoin Core will be sold hard to get BTG by anyone but a few people that don't understand the fundamentals.
Just 40 more hours before shit hits the fan and rivers of blood will flow through bitcoin land once again.
We'll see news stories again of people suiciding because they sold everything they have to get into Bitcoin Core and losing it all.

uszaty43

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Looks like bitcoin is now going down, maybe this is one of those process that happens before a good pump? i dont know why it has dropped so much since yesterday, it was upto $6200 each btc and now it is below $5900 each one. anyway, i am still positive about bitcoin and i can not complain about anything.
But i was going to withdraw some bitcoin tomorrow and i will hope to see bitcoin over $6000 again.

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