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Topic: Price going up for no apparent reason? - page 2. (Read 4294 times)

donator
Activity: 1419
Merit: 1015
October 15, 2015, 08:18:55 PM
#46
Bitcoins are a scarce commodity. They can "go up" in price when the supply is lower than the demand. It really is that simple of a reason.
sr. member
Activity: 298
Merit: 250
October 15, 2015, 06:14:26 PM
#45
random noise.

wait until the end of the month to see price falling for no reason too
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
October 15, 2015, 04:12:47 PM
#44
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower

I think you guys are a bit stuck on "the manipulator" theory.  While this was true in 2012, the market is simply too large to be manipulated by individuals these days.  Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered.  I believe it was that night "the manipulator" died.

The market bubbled from $2 up to $1,050 and then capitulated down at $180.  It isn't hard to see the trend changes...

i was thinking, if everyone is holding, and only few people are playing the market, it could be easy for a rich bitcoin guy(one of those 100k guy in the top ten) to manipulate the market, no matter how large bitcoin is or will be

Those top 10 guys are companies, not individuals.  Their "manipulation" attempts are merely them converting to fiat for operating costs.  It isn't a conspiracy.

 Huh

Where do you get this idea from? Are you saying all top Bitcoin holders are miners?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
October 15, 2015, 04:05:26 PM
#43
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower

I think you guys are a bit stuck on "the manipulator" theory.  While this was true in 2012, the market is simply too large to be manipulated by individuals these days.  Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered.  I believe it was that night "the manipulator" died.

The market bubbled from $2 up to $1,050 and then capitulated down at $180.  It isn't hard to see the trend changes...

i was thinking, if everyone is holding, and only few people are playing the market, it could be easy for a rich bitcoin guy(one of those 100k guy in the top ten) to manipulate the market, no matter how large bitcoin is or will be

Those top 10 guys are companies, not individuals.  Their "manipulation" attempts are merely them converting to fiat for operating costs.  It isn't a conspiracy.
legendary
Activity: 1442
Merit: 1016
October 15, 2015, 02:50:22 PM
#42
I wasn't at home in the last 24 hours so I'am not sure what the the happened exactly here ... cuz when I checked I found like a 10$ price increased after reading few things on Cryptoo currencies news websites I only found G2A accepting Bitcoin as the only solution

Yes there is/was no real trigger. It just went up because someone buys. It's just the market I guess.Let's enjoy it that we go up a bit right now.Would be great if we could stay here for a while and then continue climbing step by step.
staff
Activity: 3500
Merit: 6152
October 15, 2015, 02:46:54 PM
#41
I wasn't at home in the last 24 hours so I'am not sure what the the happened exactly here ... cuz when I checked I found like a 10$ price increased after reading few things on Cryptoo currencies news websites I only found G2A accepting Bitcoin as the only solution
legendary
Activity: 896
Merit: 1000
October 15, 2015, 02:38:03 PM
#40
I guess Gemini and the sidechain have somewhat caused the upward movement. Whatever it is, I'm loving it. Smiley

every kind of rise is more than welcome. maybe it's gemini or maybe people trying to buy up some coins before the block halving.
legendary
Activity: 1316
Merit: 1004
October 15, 2015, 12:24:51 PM
#39
I guess Gemini and the sidechain have somewhat caused the upward movement. Whatever it is, I'm loving it. Smiley

I tend to think also that these positive things have started this rally! Some people here actually think that all of this is just a dead cat bounce or a manipulation of sort! Smiley

I hope they are not right! It's great to see Bitcoin in green!

I think it's a mixture of both Gemini's and China's market in bitcoin picking up... I read somewhere that yesterday there were like a million coins being moved around or something of the sort.  With those kind of transactions, it's always going to be a good day for bitcoin Smiley
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 15, 2015, 11:38:11 AM
#38
I guess Gemini and the sidechain have somewhat caused the upward movement. Whatever it is, I'm loving it. Smiley

I tend to think also that these positive things have started this rally! Some people here actually think that all of this is just a dead cat bounce or a manipulation of sort! Smiley

I hope they are not right! It's great to see Bitcoin in green!
legendary
Activity: 3542
Merit: 1352
October 15, 2015, 07:30:35 AM
#37
I guess Gemini and the sidechain have somewhat caused the upward movement. Whatever it is, I'm loving it. Smiley
sr. member
Activity: 432
Merit: 250
October 15, 2015, 07:23:08 AM
#36
No worries,  nothing going on,  it's already sliding back down like usual.

Maybe it'll slide back to 10 dollars and then we can sell all our btc right?

Epic. How many coins did this idiot sell for $10? Smh.
legendary
Activity: 2170
Merit: 1427
October 15, 2015, 06:59:13 AM
#35
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower

I think you guys are a bit stuck on "the manipulator" theory.  While this was true in 2012, the market is simply too large to be manipulated by individuals these days.  Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered.  I believe it was that night "the manipulator" died.

The market bubbled from $2 up to $1,050 and then capitulated down at $180.  It isn't hard to see the trend changes...

i was thinking, if everyone is holding, and only few people are playing the market, it could be easy for a rich bitcoin guy(one of those 100k guy in the top ten) to manipulate the market, no matter how large bitcoin is or will be

That's assuming when every one is holding. People who say they are holding mostly just hold for a month or two. That's not really what I consider holding. Holding to me is keeping the coins untouched in my wallet for at least a few years.
legendary
Activity: 3248
Merit: 1070
October 15, 2015, 06:36:25 AM
#34
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower

I think you guys are a bit stuck on "the manipulator" theory.  While this was true in 2012, the market is simply too large to be manipulated by individuals these days.  Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered.  I believe it was that night "the manipulator" died.

The market bubbled from $2 up to $1,050 and then capitulated down at $180.  It isn't hard to see the trend changes...

i was thinking, if everyone is holding, and only few people are playing the market, it could be easy for a rich bitcoin guy(one of those 100k guy in the top ten) to manipulate the market, no matter how large bitcoin is or will be
hero member
Activity: 546
Merit: 500
October 15, 2015, 05:57:05 AM
#33
What is the reason?

What do we not know?

Just a another manipulation for a short pump and dump? We haven't had one of those for quite a time.

Remember the price is still down from $1k so this little up move is nothing.  You have to also consider the US gov want the best possible price for their auction of the 44k.
newbie
Activity: 58
Merit: 0
October 15, 2015, 04:58:27 AM
#32
What is the reason?

What do we not know?

Just a another manipulation for a short pump and dump? We haven't had one of those for quite a time.

A lot of bad fundamentals from around the world which are driving the stock market and the dollar down. In this situation it is natural to see the Bitcoin price rising.

Which by the way means that if there is crisis like 2008, Bitcoin will skyrocket just like gold. Good news!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
October 15, 2015, 04:50:16 AM
#31
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower

I think you guys are a bit stuck on "the manipulator" theory.  While this was true in 2012, the market is simply too large to be manipulated by individuals these days.  Even back in 2012, I remember Bitpay handing it to pirate for tens of thousands of dollars one night when his manipulative efforts were discovered.  I believe it was that night "the manipulator" died.

The market bubbled from $2 up to $1,050 and then capitulated down at $180.  It isn't hard to see the trend changes...
legendary
Activity: 3248
Merit: 1070
October 15, 2015, 02:56:14 AM
#30
Gemini is the reason

gemini low volume suggest the opposite, i bet my ass this is the same pumper that is taking advantages of good news to pump the price a little, and force the other to follow

so he can dump later at 280, and cash out his profit, repeat from 230 or lower
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 15, 2015, 02:47:32 AM
#29
Not sure if a new thread was required for this 'price movement'. There's not much to discuss really is there, the price has gone up 5 USD. We used to have massive price swings daily. A 5 USD move isn't really anything to get excited about.

I'd be moderately excited if we moved into the 300's, at the moment I'm just relaxed, HODLING & looking on.

Yeah, it seems as if people have forgotten the better times around the $500, $750, $1K mark... I just think people needed some kind of reinforcement boost, so it's no surprise people are going bananas over a $5-$10 jump.

I thought people would be happy that we are going up! All I can see is complaining and concern that we are actually moving upwards. Kind of weird if you ask me!
legendary
Activity: 1316
Merit: 1004
October 14, 2015, 06:46:45 PM
#28
Not sure if a new thread was required for this 'price movement'. There's not much to discuss really is there, the price has gone up 5 USD. We used to have massive price swings daily. A 5 USD move isn't really anything to get excited about.

I'd be moderately excited if we moved into the 300's, at the moment I'm just relaxed, HODLING & looking on.

Yeah, it seems as if people have forgotten the better times around the $500, $750, $1K mark... I just think people needed some kind of reinforcement boost, so it's no surprise people are going bananas over a $5-$10 jump.
legendary
Activity: 896
Merit: 1000
October 14, 2015, 06:41:51 PM
#27
probably some people wanting to get themself some coins at current price for the block halving. can't think of something else right now.
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