Topic: um.. why is the price going up? - page 3. (Read 3517 times)
Becouse is not going down,420$ level has been defended,so now there is time to attack 520$ one time again
Re: um.. why is the price going up?
because friday is tomorrow ...
No idea of why it goes up, but it is good for it to go up.
If I am right, it probably will fall down again soon, but ending the fall higher than the fall before, consollidating an up/down cycle that everytime makes the price stabilize a little higher.
Hope to rebuy soon.
If I am right, it probably will fall down again soon, but ending the fall higher than the fall before, consollidating an up/down cycle that everytime makes the price stabilize a little higher.
Hope to rebuy soon.
so because of news? lol... I'm watchin news less than the bitcoin price
You might want to change that attitude. it's going up rapidly on multiple markets
This question is like asking why today is rainy in my city. Or why was lack of electricity for some hours at my neighborhood. The first because was created the conditions to raining and the second the same: were something broken in the network. The most common answer of the question made from OP is that bitcoin is going up because the demand is more than the supply. The why of this - in the situation when is not any kind of news that can explain this increase - is known only by them who cause this increase. Maybe is the moment when are collected together some factors - little in their being but not so if make together - and the results are what that we are seeing. Or maybe is a pure speculation in the market. There is not any news that can cause this going up. So any kind of explanation can be only guess. Everyone can imagine what he want and may have reason. Who knows... Important is that is going up. And that this must not astonish no one. This is what we are waiting...
China market crashing, continuing to devalue currency. Oil down. Maybe people are diversifying into bitcoin?
This increase in prices is likely again in connection with China as it was last year.It would be good to continue to grow slowly and that this be a new start for Bitcoin.If the monthly price increased by 50$ only,by the end of this year we would have a price of 1000$.
We may see constant pump upto 500 this month and a large selling block making large dump to 400 again. As chinese have bought lots of coin till now, so may be 500 will be profitable for them to sell.
it's going up rapidly on multiple markets
chinese stock market went down 7%, chinese people are buying btc instead of stupid stocks
True that the chinese stock market went down and not by little either. When I read that the stock market went down I was expecting a pump. If the market keeps going down, the bitcoin price will continue to go up.
Price discovery? Historically, stablility has been the least common pattern for BTC prices. So it either goes up or it goes down, and tends to do so rather violently.
IOW, price failed to break down for several days, prolonged sideways movement is not common, so a spike up isn't that surprising.
IOW, price failed to break down for several days, prolonged sideways movement is not common, so a spike up isn't that surprising.
it's going up rapidly on multiple markets
chinese stock market went down 7%, chinese people are buying btc instead of stupid stocks
China. My answer is china. Cannot come up with anything else reasonable. Anyway I am just going to enjoy the ride no matter who is driving!
yes it looks like China, I heard about china economy being down. for no other reason before halving occurs. 
Pretty much what others have said, the China market went down and hit the red numbers.
Bitcoin seems to go up when the Chinese market goes down.
Bitcoin seems to go up when the Chinese market goes down.
China. My answer is china. Cannot come up with anything else reasonable. Anyway I am just going to enjoy the ride no matter who is driving!
because there is no sub 400 anymore, and the market is in a bullish sentiment
don't believe anyone who say the contrary because he want only to buy cheap
don't believe anyone who say the contrary because he want only to buy cheap
Until halving, there is no reason is needed for the bitcoin prices to go up. Because it is obvious prices are going up every day on the speculation of upcoming halving.
I do see this up surge of bitcoin prices as most expected one for many bitcoiners here.
I do see this up surge of bitcoin prices as most expected one for many bitcoiners here.
It went up fast, it was $429 early now as im posting it's $452.50, really good.
Volume down at $429 (on Chinese exchanges) was both HUGE, and totally FAKE!
The volume up here at $452 though (including on Chinese exchanges) is much much THINNER, but very very REAL!
I reckon the cocksucker whales are letting momentum chasing retail BTC buyers have as much fucking coin as they want.........which means hapless Joes still long Bitcoin, might want to consider taking profits.
The Chinese market went down in the red and they closed earlier than usual. I think that has a lot to do with the bitcoin price going up. I also think that most of the time when bitcoin goes up or down it has to do with the Chinese economic market.
I wouldnt be compainging too much, can only be good if its on the rise. Maybe a pump and dump though unless theres some reason other than user adoption thats causing it. Seems better than last January anyway.
Because, fuck logic
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