This Huge Price Increase - page 3. | Bitcointalksearch.org

glowing10

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Quote from: Indamuck on December 20, 2018, 08:40:11 AM

Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.

This would be their fault if they din't bought it because it was clear that it is bottom out and not much drop could happen . So those who wanted more drop will keep on waiting now for that price to reach as btc has moved to 4k+. Those who had being buying will gain eventually and those who take risk will be rewarded finally.

Slow death

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Quote from: tokeweed on December 19, 2018, 10:33:17 AM

[...]

I only see a small price recovery, before we were in the $ 6000 and the price started to drop a lot and so now he took a breather and rose to $4000, and it is very probable that it stays in this region between $2500 to $4500 until the end of January and then with BAKKT launch the price increases to levels of $ 6000 to $ 7000 and is gradually increasing. I do not believe that the price will have big increases and fast like last year. last year's price increase was pump and dump no offense

Quote from: budiarmed on December 20, 2018, 07:26:37 AM

the decline in 2018 makes us tired of the decline that makes sadness.

I remember hearing that someone killed himself because the price fell a lot. I do not remember the source of this news

kryptqnick

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As the majority of respondents, I don't think we are at the start of a bull run. However, I must admit that it's nice to wake up, take a look at the price and see that bitcoin gained something, not lost. It would be really good if the $4500 barrier was defeated by the end of this year, so that we never return to these terrible prices. But how long this $5k-$7k thing will be going - that could take another year... Let's hope it won't and that 2019 will be a good year for the crypto market. The drop below $6k was kind of unexpected and unfair, so perhaps we'll at least see something like $6k soon.

Indamuck

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Now people are going to be angry that they didn't buy at 3k levels. I keep telling people it is nearly impossible to time this market and you should always cost average. A lot of speculators were too greedy and were waiting for 1k or 2k bitcoin to be hit again but it looks like that will never happen. I think the upcoming year will have tremendous growth back towards the all time high.

Thirdspace

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Quote from: tokeweed on December 19, 2018, 10:33:17 AM

It's like we're being tricked into thinking that the bear market is finally over... Grin

Could end up in another wtf moment with our pants down.

could this be a dead cat bounce situation?
anyone who wants to accumulate some BTC, should've done it when it was around ~$3200
buying when the price spike high in short time would be unwise... it always followed by a price correction Lips sealed

Lazada

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Today the price of Bitcoin has experienced a tremendous increase. I noticed that the increase was more than 500USD. This is a good sign that Bitcoin can recover prices and try to reach levels of more than 6000USD. Though usually on Christmas there is always a decline, hopefully this year will be different and there will be an increase again so that Bitcoin is trusted again by many people.

dewildance

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Quote from: tokeweed on December 19, 2018, 10:33:17 AM

Seriously...

It's like we're being tricked into thinking that the bear market is finally over... Grin

Could end up in another wtf moment with our pants down.

It may rise after this move. But I am doubted. What if this about Bull trap? I don't know what should I do right now. It is difficult decision right now for all of us.

budiarmed

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I believe hope will be there, the decline in 2018 makes us tired of the decline that makes sadness. I believe the market in 2019 will be able to recover, and will allow cryptocurrency to increase.

eroejoe

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Quote from: tokeweed on December 19, 2018, 10:33:17 AM

Seriously...

It's like we're being tricked into thinking that the bear market is finally over... Grin

Could end up in another wtf moment with our pants down.

It could be end of bear market but it is unlikely in my opinion, but I am happy to see some green days in this blood bath.

Quote from: LeGaulois on December 20, 2018, 06:50:48 AM

Santa Claus is real, BCH did +35% in the last 24h Cheesy

Time to send your letter to Santa before Friday to ask the same for BTC.

The $6000 line could be hit for the end of the year at this speed. I didn't know about the new date and I hope it isn't the reason (or Bakk)t because it would be totally insane. Just a useless date and people act like a sheep and jump on their wallet. It will be just a speculative trend and we'll go back perhaps lower then...

I think that 6000 USD per Bitcoin is good shorting position. We will see...

LeGaulois

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Santa Claus is real, BCH did +35% in the last 24h Cheesy

Time to send your letter to Santa before Friday to ask the same for BTC.

The $6000 line could be hit for the end of the year at this speed. I didn't know about the new date and I hope it isn't the reason (or Bakk)t because it would be totally insane. Just a useless date and people act like a sheep and jump on their wallet. It will be just a speculative trend and we'll go back perhaps lower then...

khufuking

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Same feelings here, I don't think it is a real bull-run, the timing is just not correct, usually in this last few days in the year we have a little bearish market, something is not adding up, but still, I can't deny that seeing green still makes my eyes glowing it is something we are missing for some time now. Cheesy

bitbunnny

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I'm not taking this seriously. It could be a good sign but also it doesn't have to be, maybe it's just false alarm that the market is recovering and the very next day the price could go down again.
At the moment I would say this is still far away from recovery or some bull phase so let's be patient and see what will happen in the next weeks. I wouldn't hurry with any conclusions.
Still I think this might be the opportunity for day trading to quick win some profit.

Findingnemo

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Quote from: tokeweed on December 19, 2018, 10:33:17 AM

Seriously...

It's like we're being tricked into thinking that the bear market is finally over... Grin

Could end up in another wtf moment with our pants down.

The price increase may not considered as huge in the crypto terms but this maybe causes a thought on the people that this is going to e the end of bear market like I have though when the prices cruising at $8500 from $6000 few months back so be cautious now.

Lucius

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Quote from: 1Referee on December 19, 2018, 05:15:35 PM

I am not taking any increase seriously until we break $6000 and continue to hover above that level with good support on the lower side if it's about to fall back down. As long as that doesn't happen, I don't rule out a sub $3000 visit.

I completely agree with the above, price is still far away from 6000$ and chances are bigger for return back then for recovery. However something has caused a price increase in last few days, maybe it is related with BTC ETF new date approval (VanEck SolidX Bitcoin Trust 29 Dec. 2018), or Bakkt finally started to affect the price?

Whatever is the reason for this price increase it is good to see some positive moves, it is holiday time and people will spend more BTC if the price is higher. Now is very close to 4100$ on Bitstamp and 4200$ on Bitfinex.

Kemarit

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I'm also not buying this huge spike in the last couple of days. Although as of the moment the price continue to increased and we have just broken $4000. Maybe this is a bull trap before the final capitulation. But I will still remain cautious, too good to be true so we don't need to celebrate yet. Grin

LFC_Bitcoin

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Bottom could be in toke, you should have BTFD a week or two back Wink

figmentofmyass

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Quote from: Herbert2020 on December 20, 2018, 01:56:29 AM

the bear market has been over for a couple of months now and the fact that price dropped below $6k doesn't mean it was the "bear market" that caused the drop. it was instead pure manipulation that caused a crash and crashes are not equal to being in a bear market.

how can you tell the difference?

Quote from: Herbert2020 on December 20, 2018, 01:56:29 AM

this is also NOT a huge price increase. it was indeed a small one. a huge price increase would have been going near $6k and try to break that resistance which is clearly not happening.
with that said if someone interprets this as "huge rise" and then pulls his pants down then it is their own fault!

we could be well on our way there. i know masterluc expected a retest of that area even if we were eventually headed for sub-$2k.

i'd say a 30% gain over 5 days is pretty impressive, and very lucrative to trade. not as impressive as november's dumps, but nothing to sneeze at either!

Herbert2020

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the bear market has been over for a couple of months now and the fact that price dropped below $6k doesn't mean it was the "bear market" that caused the drop. it was instead pure manipulation that caused a crash and crashes are not equal to being in a bear market.

this is also NOT a huge price increase. it was indeed a small one. a huge price increase would have been going near $6k and try to break that resistance which is clearly not happening.
with that said if someone interprets this as "huge rise" and then pulls his pants down then it is their own fault!

bintangkejoraku

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yesterday's price increase is a very positive thing for bitcoin, I hope this price increase does not stop and continues. we only need a little patience to see the bull.

1Referee

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I am not taking any increase seriously until we break $6000 and continue to hover above that level with good support on the lower side if it's about to fall back down. As long as that doesn't happen, I don't rule out a sub $3000 visit. On top of that, I don't mind scooping up some sub $3000 coins if we happen to fall that low. The market has turned into one pile of rubbish already, so it can't get much worse than this. Cheesy

Altcoins lol, they still look like there is plenty of bust room in them. It's crazy that XRP has kept up this well during what happened this year, but then again, they didn't had to suffer from the ICO circus sale that affected mainly Bitcoin and Ethereum.

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