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Topic: Recent Bitcoin pump - page 2. (Read 1955 times)

legendary
Activity: 1218
Merit: 1007
July 20, 2017, 11:54:39 AM
#29
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?
There's a lot of things that are influencing the value, such as the fork coming up in just a week and some days, which has been getting the required amount of signaling and is looking like it will be the fork being used, so that's pumping the value since there is now more confidence in the abilities of the mining community to do things that benefit the community as a whole. Fees should go down, there should be a smaller queue for transactions, it's good all around and people are happy.
sr. member
Activity: 1484
Merit: 254
July 20, 2017, 11:48:24 AM
#28
I'm glad because bitcoin is back to the $ 2600 price and I'm sure the hardfork issue is a hoax, hopefully the price will soon reach $ 3000.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
July 20, 2017, 10:16:05 AM
#27
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?

Isn't it obvious? Where have you been for the last 3-4 months?

We are about to get segwit and this is the first time that we came so close. If we activate segwit, scaling debates will end for another 2-3 years. That's the reason.
Exactl Thats is because segwit is about to come. Just be happy that it pump again even it was near to the segwit day and i hoped that this will continue until the end of the segwit. Be satisfied always on what you have and let bitcoin price rise for us.
full member
Activity: 120
Merit: 100
July 20, 2017, 10:11:55 AM
#26
Bitcoin prices go up quite significantly, maybe some people are surprised because many people predict bitcoin will go down ahead of the announcement segwit on August 1, but that is not entirely true, now bitcoin prices rise, and hopefully will continue to rise whatever will happen on August 1, Keep your bitcoin, enjoy when prices go up
hero member
Activity: 887
Merit: 516
Bitcoin OG
July 20, 2017, 10:08:43 AM
#25

Segwit (Segregated Witness) being signaled among many miners. It seems like everyone is avoid a hardfork except for Jihan is going to make Bitcoincash (aka Chinacoin) - he's going to be the only one mining it. Not worth anything.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
July 20, 2017, 10:05:36 AM
#24
im not buying either at the moment
i am sitting on the fence and waiting for all this come and go
if there are opportunities to be had hopefully I can jump into it.

for me it all a bit uncertain at the moment
The situation has not been more certain.
legendary
Activity: 2436
Merit: 1362
July 20, 2017, 10:03:44 AM
#23
im not buying either at the moment
i am sitting on the fence and waiting for all this come and go
if there are opportunities to be had hopefully I can jump into it.

for me it all a bit uncertain at the moment
legendary
Activity: 3038
Merit: 1169
July 20, 2017, 09:58:29 AM
#22
I think thats because the segwit2 will released tomorrow, the support for segwit has reached over 87%, then bitmain signalled his support toso there is a pumpv Grin Grin Grin

Yup! they are simply ready for the time the dump occur, that is why a pump was establish quick and I think that if the segwit has been activated there would be bigger pumps to get ready for, so hallelujah to that, because people are a bit scared with the impending split, they have gone ahead and ready that kind of pump or we haven't notice that there is someone secretly buying bitcoins.

When every hard fork occurs there was certain price pumps happened as price chart history says. Due to price rise most of the people will be ready to the sell or exchange it alts due to upcoming dump but don't do that please. If you increase the supply then they will hold all those bitcoins according to my view.

I am definitely not buying right now, well there are just other forum that have saying that there is someone or something that is secretly buying bitcoin but I am not saying that because of this bitcoin is pumping, but yeah many people right now are afraid of of the upcoming event and there are a few that are already ready for it and knows what they have to do, but it is definitely safer to just get all of your hold bitcoins if you don't have a secure storage for it we can not blame someone who is doing it.
legendary
Activity: 1904
Merit: 1074
July 20, 2017, 09:56:09 AM
#21
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?

Isn't it obvious? Where have you been for the last 3-4 months?

We are about to get segwit and this is the first time that we came so close. If we activate segwit, scaling debates will end for another 2-3 years. That's the reason.


At a minimum we *should* be OK until Nov/Dec when ChinaCoin/Ver/etc. might try to fork BTC again.  Still, I do not see their logic, they split BTC, everyone loses, everyone loses BIG, including them.

That also assumes SegWit implements OK and there a re no serious bugs.

Still, BTC just crossed $2500, up $150 since I woke up (visiting Europe).  Confidence is returning IMO.

Well, they are also underestimating their support, like Mike Hearn did. They get so power hungry and lose perspective on the reality. Most people

only support them now, because they want a end to the scaling issues. They still want Bitcoin to succeed... not some Alt Coin/Hard fork, where

people like Jihan will be in control.  Roll Eyes
legendary
Activity: 3122
Merit: 1140
July 20, 2017, 09:54:02 AM
#20
I think thats because the segwit2 will released tomorrow, the support for segwit has reached over 87%, then bitmain signalled his support toso there is a pumpv Grin Grin Grin

Yup! they are simply ready for the time the dump occur, that is why a pump was establish quick and I think that if the segwit has been activated there would be bigger pumps to get ready for, so hallelujah to that, because people are a bit scared with the impending split, they have gone ahead and ready that kind of pump or we haven't notice that there is someone secretly buying bitcoins.
We can see some light as of now that the possibility on avoiding that split since the support was high which means expected there would be pumps but I do have still doubts to join in since August 1 isn't there yet and there are still some things would happen for sure later on bitcoins price. For now I'm glad seeing the price have nearly recovered after that tremendous dip.
legendary
Activity: 1372
Merit: 1005
July 20, 2017, 09:49:51 AM
#19
I think thats because the segwit2 will released tomorrow, the support for segwit has reached over 87%, then bitmain signalled his support toso there is a pumpv Grin Grin Grin

Yup! they are simply ready for the time the dump occur, that is why a pump was establish quick and I think that if the segwit has been activated there would be bigger pumps to get ready for, so hallelujah to that, because people are a bit scared with the impending split, they have gone ahead and ready that kind of pump or we haven't notice that there is someone secretly buying bitcoins.

When every hard fork occurs there was certain price pumps happened as price chart history says. Due to price rise most of the people will be ready to the sell or exchange it alts due to upcoming dump but don't do that please. If you increase the supply then they will hold all those bitcoins according to my view.
legendary
Activity: 2030
Merit: 1028
July 20, 2017, 09:48:53 AM
#18
People still interest on bitcoin although 1 Aug is getting near but I think it's a whale trader do such massive transaction in order to chill out the situation so I have felling that bitcoin will decrease again near 1 Aug
legendary
Activity: 3038
Merit: 1169
July 20, 2017, 09:46:39 AM
#17
I think thats because the segwit2 will released tomorrow, the support for segwit has reached over 87%, then bitmain signalled his support toso there is a pumpv Grin Grin Grin

Yup! they are simply ready for the time the dump occur, that is why a pump was establish quick and I think that if the segwit has been activated there would be bigger pumps to get ready for, so hallelujah to that, because people are a bit scared with the impending split, they have gone ahead and ready that kind of pump or we haven't notice that there is someone secretly buying bitcoins.
full member
Activity: 157
Merit: 100
July 20, 2017, 09:39:15 AM
#15
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?
I think it is mostly because we see segwit activation, and we have seen even bigger pumps going on right now.
People who decided to book their profits already done that, because we have just seen 2500$ again. so we will see bigger and bigger rises now Smiley at least i hope
full member
Activity: 208
Merit: 101
July 20, 2017, 09:31:05 AM
#14
I think thats because the segwit2 will released tomorrow, the support for segwit has reached over 87%, then bitmain signalled his support toso there is a pumpv Grin Grin Grin
sr. member
Activity: 658
Merit: 254
For campaign management, please pm me.
July 20, 2017, 08:48:17 AM
#13
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?

Dump what dump it's over now it's only going to rise and rise upwards and upwards. One of the simple reason that is the support for segwit has reached over 87%, then bitmain signalled his support to, so the spilt is all but over, and all those who were selling began to buy and now it's gonna shoot up and up. Let's all take one minute silence for all those who sold it to buy later, cause smart ones only accumulated and got rich, we are legends.

I agree. Lucky for all that hold it and not be subjected to any issues that is created to have a panic selling.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
July 20, 2017, 08:24:54 AM
#12
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?
This needs explaining? Really?
i know 1st Aug event but curious what makes it pump RIGHT NOW, is there any good news published or good decision made for Bitcoin community?
We are less than half a day away from SegWit lock-in. The market is currently pricing in the change. To make some money you should buy now.
legendary
Activity: 3276
Merit: 2442
July 20, 2017, 08:15:04 AM
#11

At a minimum we *should* be OK until Nov/Dec when ChinaCoin/Ver/etc. might try to fork BTC again.  Still, I do not see their logic, they split BTC, everyone loses, everyone loses BIG, including them.

That also assumes SegWit implements OK and there a re no serious bugs.

Still, BTC just crossed $2500, up $150 since I woke up (visiting Europe).  Confidence is returning IMO.

Big block HF proposals have no support from the userbase. They are troll proposals. Blocksize increase will never happen. It may happen only If they take the risks of creating their own altcoin.

but why right now, not yesterday or tomorrow? Any good news published?

Why not? These things take time. They need to be discussed heavily. Everybody needs to get convinced... Consensus... Not every body can read the code and decide that it is good or bad. Even if they do, their decision may change in time.
newbie
Activity: 42
Merit: 0
July 20, 2017, 08:14:21 AM
#10
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?
This needs explaining? Really?
i know 1st Aug event but curious what makes it pump RIGHT NOW, is there any good news published or good decision made for Bitcoin community?
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