Pages:
Author

Topic: Price climbing fast again - page 12. (Read 9842 times)

hero member
Activity: 770
Merit: 500
Bazinga!
January 27, 2017, 02:18:48 AM
#29
looks like OP spoke too fast. after about a day price is still that same $15 higher. and rises of this size is normal for bitcoin, there used to be a time when prices changed a lot bigger than this.
in any case market seems to be a little bit calm these days, not willing for fast and big changes.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 27, 2017, 01:13:31 AM
#28
We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

If you put Bitcoin trading in a 800 - 900 USD range then that's precisely what the active traders are doing.  They're selling now then make buy orders at 800 - 850 knowing well that it will go back up slightly above 900 USD.  Then they sell again and make buy orders at lower prices.  It's called range trading and it usually happens when a security, a commodity or a coin have lost it's recent trend.
legendary
Activity: 1148
Merit: 1048
January 27, 2017, 01:01:32 AM
#27
it is possible that now because of Chinese market with fee, prices become even more stable. they can no longer make as many trades and their positions become more careful instead of being fast and loose with the orders because of zero fees. and also because of the lower volume from there people will panic less Smiley
Thats true like happen last time they are some panic seller sell their Bitcoin because Bitcoin price increasing faster so the result Bitcoin price down a large percent of it.I hope dont that happen again.
legendary
Activity: 3472
Merit: 10611
January 27, 2017, 12:55:51 AM
#26
it is possible that now because of Chinese market with fee, prices become even more stable. they can no longer make as many trades and their positions become more careful instead of being fast and loose with the orders because of zero fees. and also because of the lower volume from there people will panic less Smiley
legendary
Activity: 2618
Merit: 1105
January 26, 2017, 02:47:41 PM
#25
15 dollars is nothing if we compare to the worst fluctuations that we saw during these days when the price slipped down from $1300 to $750, almost a 50% drop which was remarkable and can only be said that history has repeated itself here once again. Stability is to be maintained if we are expecting better prices to remain in the markets for longer duration.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
January 26, 2017, 01:07:47 PM
#24
The price is rising but actualy it's more or less between 800$ and 950$ and probably will stay in that range for a while. With a little bit of luck and good "cards" on the market that price will go up significantly. This doesn't have to be fast rise but it's important to be stable and continuous for a longer period.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
January 26, 2017, 12:50:22 PM
#23
i am watching the market almost all the time and when i don't i come back and watch the charts, it was a fast rise but it was small in bitcoin standards for rises/falls.
i hope we can get out of this damn range faster but i am afraid (like the past 2-3 years) this is going to last long and then slowly rise.
legendary
Activity: 868
Merit: 1006
January 26, 2017, 12:35:53 PM
#22
It is bouncing between $870 and $930, and with luck will stay in that range for a while. It is known as consolidation.  Grin

Seems like a good trading range, but notice how after the price is stable for a while, there a big dump has happened, then it climbs back slowly throught a couple of days. Let's hope that this time we don't see another big red candle when the next PBOC statement happens which is a matter of time. I hope that people playing this game eventually get burned because a rise happens instead of a crash.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
January 26, 2017, 12:25:38 PM
#21
It is bouncing between $870 and $930, and with luck will stay in that range for a while. It is known as consolidation.  Grin
sr. member
Activity: 294
Merit: 250
January 26, 2017, 12:03:58 PM
#20
I didn't notice any change in the price for bitcoin really. Maybe it's cause of the price is changing so fast that I didn't see a move. If to talk about bitcoin's price I expect to see some drop in next few days cause of Chinese New Year. Maybe I'm wrong, but we will find out this very soon.
legendary
Activity: 924
Merit: 1006
January 26, 2017, 11:56:43 AM
#19
I'm guess the value will keep stable as I can see my local graph trend.
Even if it climb at the moment, they will decrease in a second as it reach normal transaction period
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
January 26, 2017, 11:52:26 AM
#18
I suppose another cycle is about to  begin. Also, if you would notice, the baseline's getting higher and higher every cycle. This is a good sign IMO.
hero member
Activity: 2170
Merit: 530
January 26, 2017, 11:39:38 AM
#17
it's because of the big whales. i think their keeping investing bitcoin thats why the price of bitcoin is now floating again. they're also the reason why the bitcoin price is dropping because they're cashing out their bitcoin to cash. ofcourse we also need cash not only bitcoin because cash is the primary source of need in exchange to things you want to buy you can't buy a house through bitcoin because you also need to convert it first before you could buy a house.
hero member
Activity: 854
Merit: 500
January 26, 2017, 11:31:30 AM
#16
$15 pump is not that high and it can quickly get corrected but i think it will be quite interesting to see how the bitcoin price/market will react for next few weeks to the recent implementation of trading fee by chinese exchangers. Volume from china have already dropped significantly, now we may see some healthy price growth.  Wink
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
January 26, 2017, 11:21:22 AM
#15
It is a rapid rise, but the price has been in this range for a long time.
$15 is not huge in the larger scheme of things.
Not so long ago, we had increases of $100 in a day's time.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
January 26, 2017, 11:20:31 AM
#14
Not as fast but on a slow one. Yes price are back again closely to the last high after the recent price decrease. Well nothing new since we are in building a correction price. Still buy rate level I considered is $800-$900. This is really interesting since $900 level seems to be the breaking point. What matters here now is the resistance so that we may called this level a new bottom "someday".

A good starting point to if ever some big hoarders will attempt to make such big price increase.
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
January 26, 2017, 11:15:17 AM
#13
Like other said $15 is such a small pump and i think its a normal movement since bitcoin is not stable and unpredictable price. we can not know if the price will getting high or low it is always depends in demand and supply..
But much better to wait for huge price increase i think $1k value again..
legendary
Activity: 1036
Merit: 1002
January 26, 2017, 10:59:28 AM
#12
We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.
Wiat for it. It wont last on that price they will dump it again to make profit tomorrow its just trick if your going to hold your bitcoin good luck but if you do short term of trading congrats theres profit waiting for you in the end. Bitcoin will never stable in that price it always increase and decrease.
legendary
Activity: 2240
Merit: 1069
January 26, 2017, 10:17:41 AM
#11
We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

If you will compare it to previous burst, this is not fast enough. I can say that this is just normal pace bitcoin wise.
I read that investors are dumping gold in order to buy bitcoin. Maybe that is the reason the price is moving up again. We will see if there are enough movers to push the price back to 1000$.
hero member
Activity: 1470
Merit: 655
January 26, 2017, 09:55:17 AM
#10
We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

it is too soon to shout rise over the rooftops, there is only accumulation going on in my opinion and we may ever see $900+-$20 for the time being.

and also i should add that Chinese were never dumping anything, it was always a fake story about them, dumping, pumping and doing all kinds of stuff just to create fear in the market.

i only hope that when in the chinese new year, the price will increase but i think it will not happen because many traders in china want to celebrate and i think they will make withdraw and use the money to make a party. and lets we pray and hope that the price is not down to deep and we don't see the panic in the market.

some who invests in something doesn't sell his investment to celebrate, that would be stupid. maybe some small time investors who has 0.1BTC or less sells some because he is out of money but not when you are a real investor.
Pages:
Jump to: