Recent Price Bump - page 2. | Bitcointalksearch.org

Ejanend

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Quote from: Natweast on May 20, 2016, 10:13:14 AM

Quote from: randy8777 on May 14, 2016, 02:34:52 PM

Quote from: Ejanend on May 14, 2016, 02:26:46 PM

I do not think the price rise recently is the result of a pump. It has been within the rang for some time.

it's an expected price increase till now in the runup to the block halving. i only don't know how much steam there is left to push the price much higher than $500 in the coming months.

There is no continuous price increase until now. It is just range trading. Today's price has dropped to the bottom.

The bitcoin price breached the $500 for the last two days. If it stays above that level, we are in a new era.

Natweast

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Quote from: randy8777 on May 14, 2016, 02:34:52 PM

Quote from: Ejanend on May 14, 2016, 02:26:46 PM

I do not think the price rise recently is the result of a pump. It has been within the rang for some time.

it's an expected price increase till now in the runup to the block halving. i only don't know how much steam there is left to push the price much higher than $500 in the coming months.

There is no continuous price increase until now. It is just range trading. Today's price has dropped to the bottom.

randy8777

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Quote from: Ejanend on May 14, 2016, 02:26:46 PM

I do not think the price rise recently is the result of a pump. It has been within the rang for some time.

it's an expected price increase till now in the runup to the block halving. i only don't know how much steam there is left to push the price much higher than $500 in the coming months.

Ejanend

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I do not think the price rise recently is the result of a pump. It has been within the rang for some time.

MatTheCat

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Quote from: mercistheman on April 21, 2016, 05:55:32 PM

Trying to put a finger on the nice increase recently...
Some possibilities:
Segwit going live
Open Bizzaar up and running
Steam BTC acceptance

Other thoughts?

Here we go.

Another thread trying to 'explain' market action that fits no explanation.....as though everytime a market moved, it must be due to some 'news'.

95% of the time that a market moves, it has nothing to do with any 'event'.

maku

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Quote from: rekinthis on May 07, 2016, 05:54:34 AM

Quote from: mercistheman on April 21, 2016, 05:55:32 PM

Trying to put a finger on the nice increase recently...
Some possibilities:
Segwit going live
Open Bizzaar up and running
Steam BTC acceptance

Other thoughts?

open bazaar is good for bitcoin, same with steam, so it rises price, but i think this huge price rise now was because of halving, it is a almost main reason why price rises

lots of people know about halving now, and they know that price should rise, maybe to new ATH, so lots of people buys bitcoins now just to sell them later and that rises price

Segwit is still far away and I doubt people even consider it at this point. Open Bazaar is nice technological demo of decentralized market place... and that is it. For now.
Steam acceptance from the other side was huge deal. The biggest online gameshop finally embracing Bitcoin - it boosted Bitcoin credibility to the moon imo.

Erzatium

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Quote from: romero121 on April 22, 2016, 05:57:40 AM

Quote from: The Sceptical Chymist on April 21, 2016, 11:13:07 PM

More buyers than sellers. Thank you, Jesse Livermore.

And as I write this, we're at 445ish which really isn't all that much of a gain in the world of bitcoin. Wake me up when we hit 500.

If you're in need of $500, patience is required for few weeks, as the price is expected to get hold around the price of $450 for few days.

As you can see now you see that the value is now around this time rising slowly and that is because it already kept stable for a long time and that is nice for the currency.
But it can takes a long time until the value will be more worth because it is rising slowly so it needs time.

rekinthis

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Quote from: mercistheman on April 21, 2016, 05:55:32 PM

Trying to put a finger on the nice increase recently...
Some possibilities:
Segwit going live
Open Bizzaar up and running
Steam BTC acceptance

Other thoughts?

open bazaar is good for bitcoin, same with steam, so it rises price, but i think this huge price rise now was because of halving, it is a almost main reason why price rises

lots of people know about halving now, and they know that price should rise, maybe to new ATH, so lots of people buys bitcoins now just to sell them later and that rises price

Natweast

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The SegWit did not go live last month. So it is a missed opportunity. I hope it will be implemented some time next month.

BTCLovingDude

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BTC to the moon is inevitable...

i think the biggest news so far was the steam news. i saw it first on reddit/r/bitcoin first page and i was so happy that they finally are doing something about this.

Denker

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Quote from: Natweast on April 22, 2016, 06:03:27 AM

The SegWit was planned to go live late this month according to the road map. So the price rise. If it is delayed, the price might drop.

Yeah right. Because something might be implemented a few days later, or maybe a few weeks, the price will drop. Roll Eyes

You could say that when SegWit would have flaws and therefore not work. But not because of a small delay.
Things have to be done properly. The pull request had been done. SegWit will come soon. If the price will drop the reasons for that will be different ones.

Natweast

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The SegWit was planned to go live late this month according to the road map. So the price rise. If it is delayed, the price might drop.

romero121

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Quote from: The Sceptical Chymist on April 21, 2016, 11:13:07 PM

More buyers than sellers. Thank you, Jesse Livermore.

And as I write this, we're at 445ish which really isn't all that much of a gain in the world of bitcoin. Wake me up when we hit 500.

If you're in need of $500, patience is required for few weeks, as the price is expected to get hold around the price of $450 for few days.

Herbert2020

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Quote from: Lauda on April 22, 2016, 02:15:59 AM

Quote from: mercistheman on April 21, 2016, 06:55:38 PM

Such a pleasant place to post

Being nice is not necessary.

Quote from: Yakamoto on April 21, 2016, 07:45:26 PM

As for segwit, I'm still not sure if I want to agree or disagree with it. But that shouldn't be in this section, as this is speculation.

There's nothing really to disagree with it. All (or the majority) of the developers are 'fond' of Segwit. Regardless of whether you agree, or disagree with it, it will be merged.

Quote from: pooya87 on April 21, 2016, 11:59:56 PM

EDIT: they still don't accept bitcoin but apparently they are officially doing the groundwork. ref: https://redd.it/4fuk6c

There is no official announcement from Valve, so do not use the word 'official'.

Valve has started it nonetheless, they have been sending Emails to developers and publishers telling them about this the Email contents are in that reddit post and Valve has already confirmed they have sent such emails to news sites. http://coinjournal.net/bitcoin-coming-steam/

but it is not yet posted on something like steamcommunity.com

Lauda

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Terminated.

Quote from: mercistheman on April 21, 2016, 06:55:38 PM

Such a pleasant place to post

Being nice is not necessary.

Quote from: Yakamoto on April 21, 2016, 07:45:26 PM

As for segwit, I'm still not sure if I want to agree or disagree with it. But that shouldn't be in this section, as this is speculation.

There's nothing really to disagree with it. All (or the majority) of the developers are 'fond' of Segwit. Regardless of whether you agree, or disagree with it, it will be merged.

Quote from: pooya87 on April 21, 2016, 11:59:56 PM

EDIT: they still don't accept bitcoin but apparently they are officially doing the groundwork. ref: https://redd.it/4fuk6c

There is no official announcement from Valve, so do not use the word 'official'.

Amph

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it is a small pump, nothing major, probably price correction after a long stagnation, the value can not remember stuck there forever it must move at some point

and it can go up or down you know...next tiem it's better to open a thread if it skyrocket to 500 in few hours, not for these worthless movements...

pooya87

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Quote from: mercistheman on April 21, 2016, 05:55:32 PM

Trying to put a finger on the nice increase recently...
Some possibilities:
1) Segwit going live
2) Open Bizzaar up and running
3) Steam BTC acceptance

Other thoughts?

1) i think this can be effective but it hasn't gone live, it is just a very early stage. so if there is an effect it would be tiny at this point.
2) i totally agree with this, with openBazaar growing there will be a lot of good things happening with bitcoin
3) steam accepting bitcoin is not official, and it came out 1-2 months ago and not yet started.
EDIT: they still don't accept bitcoin but apparently they are officially doing the groundwork. ref: https://redd.it/4fuk6c

+
4) with ETH dying slowly, the money is coming back to bitcoin. this is biggest IMO
5) there is always halving effect

vero

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Quote from: traderbit on April 21, 2016, 05:59:25 PM

Steam acceptance is going to happen soon, also the ETH price is going down so the traders are moving back to bitcoin, the same with the LISK.

I do not think that the price increase is now due to just steam accept bitcoin as a payment, see epidemic ago there was news that the Nasdaq accept bitcoin but not surge higher prices.

The Sceptical Chymist

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More buyers than sellers. Thank you, Jesse Livermore.

And as I write this, we're at 445ish which really isn't all that much of a gain in the world of bitcoin. Wake me up when we hit 500.

Junko

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Maybe lots of people are getting their tax refunds now and have nothing else better to do with it other than buying bitcoin.

Halving is coming.

Topic: Recent Price Bump - page 2. (Read 2631 times)