Topic: [pump and dump alert] Any true reason of this high price? - page 2. (Read 1536 times)

The Bitcoin block halving that is comming closer and closer is reason enough, right? The current price is normal. Not high at all.

^And the JIDF, Zionist banking shill poster who has already created over 5000 spam accounts and have them all deleted is back with a new account shilling more for Bernanke, Yellen, Lloyd Blankfein and friends.

I was responding to the bold assertion of $50 bitcoins. A claim with absolutely no supporting evidence. I have seen claims like this since I started with bitcoin in 2010. I don't disagree with your claim of not knowing the future, in fact I totally believe that to be true.

Pump and dump blah blah blah.  Daily tx volume is over 200k.  2 years agonits 40k.  That's all you need to know about why the price is rising.  It's called adoption.  I think you should just sell your coins so we don't have to see your stupid posts anymore.

The true reason behind this pump seems to be buying force from china which is clear if you see volume on chinese bitcoin exchanger.

More like noob alert.  Facebook is a garbage company that shouldn't even have stock.  It halved in price on release then went up 400% when it was already horribly overpriced beforehand.  Bitcoin only doubles in price from rock bottom, 2 year bear market and you have random 1 star posters (probably another banking shill) claiming it's a scam.

Facebook market cap: 300 billion

Bitcoin market cap:  6.8 billion

Bitcoin is a far more significant invention, so there's still a long way to go for increasing prices.  Bitcoin going up 100x or more from here is easily plausible.

I would say it's a mixed thing and there is nothing dependent on our feelings .
The general speculation is based on the news , articles ,buy/sell volume on exchange platforms etc.. and these things could not be enough sufficient to judge Bitcoin bumps or dumps cause of the whales.
I am positive though.

Dude I'm not saying it's going to dump or anything, I just didn't want to take the risk, that's why I sold.
Bu I don't see a reason to trust this huge rise neither 

Well I hear a lot about P&D, but I never see anyone show the method or provide any proof.

If you know who Chris Dunn is, I'll just leave this here..

https://twitter.com/ChrisDunnTV/status/676900496079249410

Ive made sick money ignoring anonymous, unsubstantiated speculation like this. By all means, please continue. 

That's my global feeling of the situation but as lots of people are thinking the contrary I'd like to hear their opinion 

I'll try to be short and clear.

I bought 4 btc just before blackfriday as blackfriday has always been linked to a rise of btc price. I thought I'd sell just after but thanks to a little PD problem I had to wait some time.
And I'm more than thankful as I withdrawed my fund the price was up to 400 without any sign of going down.
I sold everything at 450 while things reached a decision point. Price might fall and I don't want to loose such a high profit.

My question here is: Is there any reason for this rise? Or is everything just a classic pump and dump scheme?
Bitcoin was not suddenly used by the majority, was not recognized by any country, no big company decided to accept bitcoin... In fact nothing changed between the beginning of November and today. So I don't see any reason to hold and have faith in this recognition for bitcoin. I see numerous threads popping saying "we'll see 1000$ before January". I like bitcoins and I'd be glad it happens, but I just don't see a reason why it would be so.

Any valid argument on this sudden rise? More than the usual "It's what btc worth, it's the future of tomorrow!!!"
Cause yeah I agree Btc worth much more than fiat money but it's no reason for the rise, the reason would be that people suddenly realize this. And I don't see why they would realize it now.