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Topic: Renewed Optimism Drives Bitcoin Price to High Near $500 (Read 1933 times)

sr. member
Activity: 280
Merit: 257
bluemeanie
is it really renewed optimism, or did one guy just make a really big order?

THIS IS CLASSIC MARKET MANIPULATION.

-bm
sr. member
Activity: 434
Merit: 250
is it really renewed optimism, or did one guy just make a really big order? and then the people who aren't willing to buy end up speculating that it's "renewed optimism."
sr. member
Activity: 280
Merit: 257
bluemeanie
Looks like it was a single BTC700 sell order on BTC-e that sent us upward, Ill take it!

It was executed as a single 700 BTC "instant buy" at a conservative $450 per BTC that's a $315,000 instant order.

Keep up the good work whoever you are Wink



hmm.. yes I wonder who that was???

do you know what price churning is?

-bm
hero member
Activity: 686
Merit: 500
A friend of mine went to the casino. I stayed home. He made money. I made more. I'll take that 10% action!

legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Im just hoping that we can continue to have little price spurts like this that are actually sustainable. The post has typically shown us step jumps in prices, followed immediately by a market correction back downward... Hopefully this time will be different...
legendary
Activity: 1022
Merit: 1005
Is this an artificial pump to ensure that someone can cash out at a higher price? I for one think the price will go to the moon (mandatory moon comment Tongue) but that will be the time to sell because the price may be artificially inflated for someone to cash out! My 2 satoshi!
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Too early for mandatory moon comment?

Yes far too early obviously, but it was really refreshing to see the market have a strong day... I almost forgot what that felt like.. Lol
sr. member
Activity: 476
Merit: 250
"Renewed Optimism Drives Bitcoin Price" ... lol, are they serious with this stuff? coindesk is really reaching here, but then again I think thats something they often do...
sr. member
Activity: 406
Merit: 250
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley


Indeed! It was fun to watch it rise. I am on vacation and took my iPad down to the beach with me to keep an eye on it. With all the good news in the past couple of weeks we will probably see many more days like this one.

A beach & vacation sounds great, and the solid market is a nice, big bonus. I remember a vacation being tainted by unexpected market loses (including margin calls), that is no way to get away.

Yeah it was nice. My wife and I are talking about renting our condo out for bit coin. I plan to discuss with an accountant this summer to get a sense of the tax implications. If you walk down the stairs and turn left you are 30 steps from the sand.    

If it's in Florida has all the oil gone away?
I'm very curious about the conditions down there; Has anyone been to Florida beaches this year or last?

We never had any issues in this particular area with oil. The beach here is pristine. Other than the occasional red tide this is one of the better beaches around. The village economy is based on the snowbird season so we usually come down between May and October. We see manatee and dolphins every day. When we retire we plan to live here year round.
sr. member
Activity: 406
Merit: 250
Yeah it was nice. My wife and I are talking about renting our condo out for bit coin. I plan to discuss with an accountant this summer to get a sense of the tax implications. If you walk down the stairs and turn left you are 30 steps from the sand.   

Intersested/

If we end up doing it I will post about it in the market forums. There are some issues to work through with the owners association and the tax question but I don't think there is any real issue that will prevent it.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley


Indeed! It was fun to watch it rise. I am on vacation and took my iPad down to the beach with me to keep an eye on it. With all the good news in the past couple of weeks we will probably see many more days like this one.

A beach & vacation sounds great, and the solid market is a nice, big bonus. I remember a vacation being tainted by unexpected market loses (including margin calls), that is no way to get away.

Yeah it was nice. My wife and I are talking about renting our condo out for bit coin. I plan to discuss with an accountant this summer to get a sense of the tax implications. If you walk down the stairs and turn left you are 30 steps from the sand.    

If it's in Florida has all the oil gone away?
I'm very curious about the conditions down there; Has anyone been to Florida beaches this year or last?
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.
Quoting for wisdom.
legendary
Activity: 1258
Merit: 1027
Yeah it was nice. My wife and I are talking about renting our condo out for bit coin. I plan to discuss with an accountant this summer to get a sense of the tax implications. If you walk down the stairs and turn left you are 30 steps from the sand.   

Intersested/
sr. member
Activity: 406
Merit: 250
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley


Indeed! It was fun to watch it rise. I am on vacation and took my iPad down to the beach with me to keep an eye on it. With all the good news in the past couple of weeks we will probably see many more days like this one.

A beach & vacation sounds great, and the solid market is a nice, big bonus. I remember a vacation being tainted by unexpected market loses (including margin calls), that is no way to get away.

Yeah it was nice. My wife and I are talking about renting our condo out for bit coin. I plan to discuss with an accountant this summer to get a sense of the tax implications. If you walk down the stairs and turn left you are 30 steps from the sand.   
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley


Indeed! It was fun to watch it rise. I am on vacation and took my iPad down to the beach with me to keep an eye on it. With all the good news in the past couple of weeks we will probably see many more days like this one.

A beach & vacation sounds great, and the solid market is a nice, big bonus. I remember a vacation being tainted by unexpected market loses (including margin calls), that is no way to get away.
sr. member
Activity: 406
Merit: 250
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley


Indeed! It was fun to watch it rise. I am on vacation and took my iPad down to the beach with me to keep an eye on it. With all the good news in the past couple of weeks we will probably see many more days like this one.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Renewed Optimism Drives Bitcoin Price to High Near $500
We have had a steady flow of good news lately:
One of my favorites is the MIT project in Boston, that could turn out to be a huge success.


The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.

Wise words are true. We were way overdue for some fun though.  Smiley
sr. member
Activity: 406
Merit: 250
The stable price before the rise is the good news. A steady growth is much healthier than sudden meteoric rises.
sr. member
Activity: 280
Merit: 250
Knowledge is Power
Ok guys, I know we've been in the 400s for a long time but let's not lose our heads here. Stay in the Earth's atmosphere for now.
legendary
Activity: 1258
Merit: 1027


i dont know what glue your sniffing, but i was watching the trades of bitstamp, btc-e and others live and im afraid the thing your talking about was not the initial factor.. but the ripple effect.

its more like "shoot the price is rising and everyone on troll chat is shouting too the moon and about how this is the epic spike of 2014 about to happen, gotta buy gotta bye"

i call these types of people emotion panic buyers. reactors. sheeple. but dont worry the spike of 2014 is yet to come so dont waste any excitement over a simple 10% jump. hold tight to your bitcoins. this is not the time to be selling just yet


No glue yet tonight, was just excited to see some movement (bonus: it was up) after about 10 days of a stable price.

I agree the spike of 2014 is yet to come Wink
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