today the market looks excited - page 2.

CarnagexD

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Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

Actually, when I wake up in the morning and I check the current price of bitcoin I see it hits the price of 10,000$ but it is not stable and every second you can see a big change in the price. I see the article that tackles President of china who now support blockchain technologies. This is the current price of bitcoin 9,241.44$ and expects that at the end of this quarter or at the end of this year the price of bitcoin might surpass the price of 10,000$.

inanilujimi

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yes, the whales are now awake and starting to re-enter this market, not until a day bitcoin increased by almost 30%, not like before when bitcoin increased then altcoin fell, but now altcoin also increased following the movement of bitcoin.
I think it's true that China has a huge influence on the crypto world.

o48o

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Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

Yeah, in dollars maybe, but when you are comparing them with btc they are mostly red, so i wouldn't call this so good for altcoinseason yet when you are making more dollars with btc anyway.

source: https://coin360.com/?currency=BTC

andycarrol

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indeed the market today experienced a price increase due to the influence of the purchase of bitcoin with a very large number of founders of one of the social media platforms so this makes many places of exchange become expensive because market prices must be able to balance with other markets so that many traders buy bitcoin .

cryptothreads

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Quote from: carlfebz2 on October 26, 2019, 07:04:31 AM

Quote from: maydna on October 26, 2019, 06:41:45 AM

Perhaps, that increasing the price is because of the news that was telling that China wants to adopt the blockchain, but I am not sure that it is only because of that news. We already know that bitcoin has the power to increase at any time, and it's not just because of good news, but if there is good news, then surely it will have a big impact on the price. And since yesterday, we see the market changes from the red candle into the green candle and today, that gives an impact to bitcoin and some of the altcoin price. But we still need to be careful because we don't know if the price can increase and break the higher price.

Besides that, the price now seems to get down and back to the lower price. I am sure many people don't want to see another downtrend in the market. But if that is only happening to bitcoin and the altcoin still increases, then I think people will be happy too because they can sell some of the altcoins.

Its hard to deny that news doesnt affect bitcoins or entire market price.Yes it can move it by itself without those fundamentals but the recent
new about China adoption on blockchain tech does really give out some positive effect but we cant actually point our fingers that this is the main
reason there might be other factors as well but its really good to look at that the price even hit up 10500+ and now we are stabilizing on 9200+ price once again.
Hope this would held up for some time.

When this news appeared, it seemed that large Chinese investors were excited and they were more speculative. I think this country has a lot of influence on this market and every news has a very positive value for the market but the price of Bitcoin so high makes a lot of investors nervous. I am not sure if this price can be maintained until the end of the year but the constant volatility of Bitcoin makes many investors feel tired.

Everyone wants this market to increase but in this way, we should worry more because last year Bitcoin also suddenly increased $1,000 and then everything happened very bad.

zeze18

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Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

Sudden pump sometimes is not good for market sustain, might be drop again in another day.
We need to confirm the bull run first, or it's just a bull trap.
But anyway, let's hope this is the real beginning of the come back of crypto era again just like 2017

SamboNZ

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Quote from: cribusen on October 26, 2019, 07:11:49 AM

Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

I do not understand what is happening right now, but it has been a long time science BTC raised by 30 percent over night. Maybe whales are buying Bitcoins and the whole market is just following, but it is already a good sign.

I can assure you its not related to science maybe because its the recent statement in China about the embracing the blockchain technology.
I dont think that going up almost 30% is a good sign, the price increase is not healthy and maybe it would go down fast also.

cribusen

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Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

I do not understand what is happening right now, but it has been a long time science BTC raised by 30 percent over night. Maybe whales are buying Bitcoins and the whole market is just following, but it is already a good sign.

carlfebz2

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Quote from: maydna on October 26, 2019, 06:41:45 AM

Perhaps, that increasing the price is because of the news that was telling that China wants to adopt the blockchain, but I am not sure that it is only because of that news. We already know that bitcoin has the power to increase at any time, and it's not just because of good news, but if there is good news, then surely it will have a big impact on the price. And since yesterday, we see the market changes from the red candle into the green candle and today, that gives an impact to bitcoin and some of the altcoin price. But we still need to be careful because we don't know if the price can increase and break the higher price.

Besides that, the price now seems to get down and back to the lower price. I am sure many people don't want to see another downtrend in the market. But if that is only happening to bitcoin and the altcoin still increases, then I think people will be happy too because they can sell some of the altcoins.

Its hard to deny that news doesnt affect bitcoins or entire market price.Yes it can move it by itself without those fundamentals but the recent
new about China adoption on blockchain tech does really give out some positive effect but we cant actually point our fingers that this is the main
reason there might be other factors as well but its really good to look at that the price even hit up 10500+ and now we are stabilizing on 9200+ price once again.
Hope this would held up for some time.

maydna

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Activity: 2912

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Perhaps, that increasing the price is because of the news that was telling that China wants to adopt the blockchain, but I am not sure that it is only because of that news. We already know that bitcoin has the power to increase at any time, and it's not just because of good news, but if there is good news, then surely it will have a big impact on the price. And since yesterday, we see the market changes from the red candle into the green candle and today, that gives an impact to bitcoin and some of the altcoin price. But we still need to be careful because we don't know if the price can increase and break the higher price.

Besides that, the price now seems to get down and back to the lower price. I am sure many people don't want to see another downtrend in the market. But if that is only happening to bitcoin and the altcoin still increases, then I think people will be happy too because they can sell some of the altcoins.

NathanJB

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Quote from: Nivia1st on October 25, 2019, 01:11:54 PM

hi all ...
I went to a number of exchanges and saw all the green altcoin, having previously fallen between 5-10%.
what really happened, did I miss some important news or was there a speculation / rumor that affected all of this.

There is no big explanation to every movement in the crypto charts. There is a big explanation if there are spikes or sudden large dip in prices. But if the prices are moving up and down with 5-10%, they do not necessarily mean that there are special things happening. Right now, the special event may refer to the chinese president announcing his support to blockchain. This may also be a coincidence.

Pamadar

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Quote from: styca on October 26, 2019, 04:14:31 AM

The price rises are welcome, but I don't think it's because of any particular news. Support levels have been tested for a while now, and we finally bounced back up. It's not really a price rise as such, it's more of a return to a previously held level. We will see if the rise can be maintained, and if it can lead to BTC over $10k and ETH over $200... that would certainly be encouraging.

Some hypes might triggered the bounce back and it's good to see that once more bitcoin proves that it really can rise back even there's a downfalls
that happened previously. it's agreeable that more will be encourage when more rise to happen.

Solid alts like ETH,LTC and XRP from the fiat value will grow hopefully it will continue to proceed.

styca

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The price rises are welcome, but I don't think it's because of any particular news. Support levels have been tested for a while now, and we finally bounced back up. It's not really a price rise as such, it's more of a return to a previously held level. We will see if the rise can be maintained, and if it can lead to BTC over $10k and ETH over $200... that would certainly be encouraging.

TelolettOm

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Quote from: Javi_Anibarro on October 25, 2019, 01:21:53 PM

Some people say it is because Bakkt breaks its ATH and some people say it because of this: https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain. Personally I think it is because of Xi Jinping encouraging their country to adopt blockchain.
Did you remember what happened with Bitcoin when China ban it before? but this time, it is good news from them. Even though it is Blockchain instead of Bitcoin.

This good news has quite a large effect on the cryptocurrency market. if we look at this time the price experienced a fantastic increase of approximately 20% for only a short time. the direction of the Bitcoin market is touched later this year I think it will increase to the level of 10,000 $ if there are no negative rumors.there is still time and it is very easy to achieve it

DeepChipolino

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I was expecting (or still waiting) for BTC to drop to 6K before starting a long growth. The recent drop in 10K-8K and the next rise of 7K5-9K5 indicate a low liquidity of the most liquid asset in the cryptomarket. And also with a high probability it indicates the games of large players. It is difficult to understand what their goals are for the near future. And news is what they use for their games.

PLATO

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Quote from: sikke on October 26, 2019, 01:46:28 AM

Definitely. Alts didn't fare that well though given the fact that BTC rallied this hard.

Whenever BTC rallies hard it seems like that alts don't follow suit, and often plunge in value in BTC terms. They obviously still rise in terms of fiat though which is good. However, I honestly I didn't expect such a big pump out of BTC when you factor in that $8k support was broken.

I wonder what the motivations behind this pump is, because honestly right now there is no distinctive answer.

Bitcoin suddenly rose in price and no one knew what happened because there wasn't any news that could affect this market so I believe this is speculation and Bitcoin may have a lot of big adjustments in the this time . Now it is difficult to talk about this issue because in a short time Bitcoin has reached $10,500 and this makes me feel a bit worried. I personally will be patient and wait for the better time to invest because if I invest now, I will face a lot of risks.

sikke

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Definitely. Alts didn't fare that well though given the fact that BTC rallied this hard.

Whenever BTC rallies hard it seems like that alts don't follow suit, and often plunge in value in BTC terms. They obviously still rise in terms of fiat though which is good. However, I honestly I didn't expect such a big pump out of BTC when you factor in that $8k support was broken.

I wonder what the motivations behind this pump is, because honestly right now there is no distinctive answer.

Serco

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Quote from: topbitcoin on October 26, 2019, 12:33:43 AM

Quote from: iamaruf on October 25, 2019, 02:07:06 PM

Quote from: Javi_Anibarro on October 25, 2019, 01:21:53 PM

Did you remember what happened with Bitcoin when China ban it before?

You mean in 2017 china banned bitcoin right? If it is,then i remember that time.after banned bitcoin in china,btc price fall 4k$ to 2k$.after few days btc rises and finally btc raised ATH in 2017.

Price look like manipulated with news. Because it is happen so many times. Grin

But i believe for now people wouldn't really trapped to that anymore. Because it is already happen so many times, if people still trapped it means they not learn.

is it mean, recent bitcoin movement was manipulation? I dont think so about it, this is good response from market after china's president stated to focus on blockchain developtment.many people now very confidence with cryptocurrency future after this statement.we must appreciate it and keep carefully with our trading.

gaston castano

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Quote from: Javi_Anibarro on October 25, 2019, 01:21:53 PM

Some people say it is because Bakkt breaks its ATH and some people say it because of this: https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain.
Even though it is Blockchain instead of Bitcoin.

Thats right and I am also fully convinced that the news greatly affected bitcoin today. Especially about China, when their leader declared support for the blockchain, and of course !, many chinese giant companies took the role of cryptocurrency business and started buying bitcoin on a large scale. I hope that this decision by China can encourage other countries to support the future Blockchain.

ajeef

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Quote from: topbitcoin on October 26, 2019, 12:33:43 AM

rice look like manipulated with news. Because it is happen so many times. Grin

But i believe for now people wouldn't really trapped to that anymore. Because it is already happen so many times, if people still trapped it means they not learn.

There is a people prediction's screenshot with anime avatar out there made this hype.
The whales are watching and playing with us, when people are trust the prediction, people will hold their coins and wait for miracle happen.

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