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Topic: market refresh or just a pump ? - page 21. (Read 3294 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
April 12, 2018, 10:01:04 AM
#14
just be careful about altcoins they are misleadingly rising because bitcoin price went up and it seemed like a good FOMO situation to the newbies in the market. most of them will come down very hard very soon and the rest may not last long up there on their higher prices since there are a lot of bag holders waiting for an opportunity to dump.
full member
Activity: 479
Merit: 100
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April 12, 2018, 09:38:55 AM
#13
I think it's too early to make conclusion. I think it can actually be both. Or a pump in order to stimulate the recovery.
sr. member
Activity: 434
Merit: 252
April 12, 2018, 09:05:17 AM
#12
I'm sure it's a pump. But this does not mean that bitcoin is now going to rise in price. A positive trend in the market for a long time. Whales all ways wanted to reduce the price of bitcoin but it did not work. Probably they understood futility of attempts to lower the price and now will play for increase.
member
Activity: 420
Merit: 19
April 12, 2018, 09:04:21 AM
#11


Seeing green colour beside values makes really happy. After almost 5 days we are able to see a good hike crossing $7500. Almost $1k has increased in an hour.  Hope this trend continues. Tax day would be a reason behind this hike? If the value reaches $9K, it would be more than enough to travel at $9000 instead of being at 6 to 7k.  Hope this pump remains healthy and do not go back to 6k again.
full member
Activity: 658
Merit: 108
April 12, 2018, 08:56:23 AM
#10
It reminds me of situation among lots of altcoins in late summer 2017, after the big spring price rally. There were quite a long period of time with decreasing volatility, low volume and occasional price spikes driven mostly by price speculators. I assume we are entering very similar market conditions, and we will very probably see more of such spikes.
member
Activity: 714
Merit: 11
BountyMarketCap
April 12, 2018, 08:55:11 AM
#9
at this time we can't conclude. the price has not really gone up because now the bitcoin price is down again.
hero member
Activity: 1946
Merit: 502
April 12, 2018, 08:52:50 AM
#8
I already saw this kind of pump several times, but it didnt made any come back on the price,but who knows this one might our last hope.
legendary
Activity: 2968
Merit: 3684
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April 12, 2018, 08:44:14 AM
#7
Damn I missed that! Just sold a bit of coin yesterday below 7k, wasn't that urgent but never saw the pump coming. 1k in one hour, though, so artificial at best. Can't have been the news from Wall St giants, that's several days old by now.

Can't do much as am not really online now. Probably all settled by the time I get home. Or are we in for a sustained round of whale pumping?
legendary
Activity: 3122
Merit: 1398
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April 12, 2018, 08:42:21 AM
#6
Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?


“They’re building the bridges as we speak. Whether they’re going to go full on bull/full on bear we don’t know.

"But the important thing is that they’re ready to take on and to inject new liquidity into this market that at least should even things out and stabilize the price.”


- Straight answer, we don't know what will happened next. It's up to us on how we will ride the trend.

This price pump coming from a large dip is a common thing that happened in bitcoin but for how long it will goes through, as usual, no one knows.
newbie
Activity: 59
Merit: 0
April 12, 2018, 08:34:33 AM
#5
temp pump I think. We keep seeing them. We are not setting higher lows consistently either which has me slightly concerned
full member
Activity: 406
Merit: 102
April 12, 2018, 08:32:29 AM
#4
Its a big spike and im enjoying it. $1000 increase in just 60minutes. I hope this is it. I hope people wont sell at this rate for the market to continue to rise. Could be the 401k released that people kept on buying. This is just good news. Let's wait for more increase in the coming days.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
April 12, 2018, 08:02:14 AM
#3
is it the comeback or just a pump ?
It's just a pump, look on how many reacted and started to sell when it has reached $8,000.

what you think about it what is going on ?
I guess George Soros has finally hop in or this can be also the reason. https://www.cnbc.com/2018/04/05/wall-streets-tom-lee-predicts-massive-outflow-from-cryptocurrencies-ahead-of-tax-day.html
legendary
Activity: 3514
Merit: 1548
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member
Activity: 125
Merit: 19
April 12, 2018, 07:14:54 AM
#1
Hi today market goes green
as you can see in 1 houre perfomance everything changed is it the comeback or just a pump ? what you think about it what is going on ?
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