What Happen Bitcoin OMG 8100$ ?? - page 2.

STT

legendary

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Quote from: Carolinawiestput28 on April 12, 2018, 06:42:39 AM

Big pump what happen ? What do you think dream ? or real.

Its not a pump, its alot of short closing out and being found to be incorrect to be bearish. Overall the road is long and the fight goes on in the market between bears and bulls.

The short term move takes a backseat to long term moves which now must confirm the break upwards. There is a trend going back many months around 7200 and that is the most likely place for strong buying I would guess. We dont have to go there but often Bitcoin moves in the most erratic way, touching both sides of the road if you will

UnDerDoG81

legendary

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Lol if that was soros, it was not much. I guess somebody tried to trigger a bullrun. Why should i buy that much bitcoin in one hour instead of buying slowly for 6.7k ish each coin.

thecodebear

hero member

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Quote from: 1Referee on April 12, 2018, 09:48:08 AM

I like how one single pump can make the people here go nuts like they won the jackpot. Cheesy

It's not that much of an achievement honestly. It will take a few days to know what's going on, and how long the market is willing to support these levels. Don't forget that while the price just peaked, there have been numerous 1000BTC dumps in the last weeks taking the price down again. It's not clear yet whether or not this is whale play, or a large party legit buying coins spontaneously.

This however is a reality check for people doubting whether or not to enter the market. If they weren't exactly sure yet around $6800 levels, they now likely regret not having bought when they had the chance. People waste too much time on waiting for the price to go down because that allows them to enter the market a few percent cheaper, which isn't worth it at all. At the end of the day, you only know what you'll be missing once it's not there anymore. Wink

Well I think the takeaway is that the momentum is shifting in the market. You look at the last couple of weeks and bitcoin has plateaued. It found the market bottom. It may still take a little bit for a true upswing to start forming, but at the very least I'd say that $1100 pump was the warning shot telling us all that the market is ready to start moving off of this 6000-7000 bottom.

1Referee

legendary

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I like how one single pump can make the people here go nuts like they won the jackpot. Cheesy

It's not that much of an achievement honestly. It will take a few days to know what's going on, and how long the market is willing to support these levels. Don't forget that while the price just peaked, there have been numerous 1000BTC dumps in the last weeks taking the price down again. It's not clear yet whether or not this is whale play, or a large party legit buying coins spontaneously.

This however is a reality check for people doubting whether or not to enter the market. If they weren't exactly sure yet around $6800 levels, they now likely regret not having bought when they had the chance. People waste too much time on waiting for the price to go down because that allows them to enter the market a few percent cheaper, which isn't worth it at all. At the end of the day, you only know what you'll be missing once it's not there anymore. Wink

gabmen

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Quote from: followmenot on April 12, 2018, 07:51:39 AM

Finally ties have turned I guess. It was very quickly corrected but anyways we finally see bullish type of action after very very long time. This is good news for many investors. I hope that summer will be lot more interesting.

Well don't get your hopes up too high just yet dude. There would probably be a lot of people who've become tired of a red market and would sell off once they see this lol. I think btc is already below 8k now Cheesy

keep calm man

BillyBobZorton

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Man I saw this on the train when I was looking at the price tag on my phone, I thought there was an error or something... then I realized what happened: All the people that expected the price to go to $4k got short squeezed the fuck out badly. Basically all these short positions are over now, so the price skyrocketed. Let's see who is stupid enough to still continue attempting to short Bitcoin. Bad idea to try to can't tame this beast, just hodl.

BrewMaster

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There is trouble abrewing

Quote from: Kemarit on April 12, 2018, 07:15:30 AM

So someone really put a lot of money in the market. I guess some big entities (Soros or Rockefeller?) has finally decided to enter the ecosystem.

i disagree. these big "entities" will never exactly put any money in the market. they do it off the market or if they are forced to use exchanges (which sounds a lot weirder than you may think) they do it in a way that nobody even notices their presence.

Quote from: Kemarit on April 12, 2018, 07:15:30 AM

But we shouldn't be celebrating because of this sudden U-turn as we all know that the trend is really daily traders taking profits whenever they got the chances.

what we shouldn't do is we shouldn't expect moon yet. but we should celebrate because it proves all the things we have been saying about bitcoin and the huge demand that it still has despite what the charts looked like so recently.

Vispilio

legendary

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Quote from: Lovecove on April 12, 2018, 08:24:18 AM

it sounds hot, but then the FUDDers are covering the news as well :/

See this: http://markets.businessinsider.com/currencies/news/bitcoin-price-will-likely-never-hit-another-record-high-barclays-says-2018-4-1021287408

You have Barclays, which is a credit card company and bank, saying that bitcoin will never ATH again... Sounds so dumb. They just want bitcoin to fail because they want fiat to rule.

I mean just look at that dumb chart, LOL. And then they compared bitcoin's rise and fall to that of the influenza virus Cheesy

. These people are trolling professionally with tinfoil hats on because they can't say anything solid to undermine bitcoin, which is just budding and continuing to bud as more people adopt it.

a bank analyst is among the least equipped people in the world to make a prediction on anything financial. 99.9 % of all bank employees just parrot what their company policy instructs them to do, it's like a cult, and one of the worst forms of employment. It causes tremendous amount of alienation, and most of these thrall employees dream of finding better prospects in hedge funds and other independent firms, only to find out that they never acquired the competence or the skill set to survive in the world of finance in the first place during their bank employment.

In almost all cases, doing the exact opposite of what a bank analyst suggests will make you financially very robust.

thecodebear

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Quote from: GoldenLad on April 12, 2018, 08:45:31 AM

Tarders who thought this will be a perfect time to make money has made it bounce back to $7700. You guys shouldn't be too excited, even if you see $8k or $15k, this is not that perfect price we all are waiting for. We have seen those prices before, last year can testify to it. What we are hoping for is the price above $25k Grin

I am personally glad the price is dipping again, I still need to stock up more coins for the better days.

You're hoping for $25k??? I'm looking for $100k personally. $25k is a stepping stone.

GoldenLad

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Tarders who thought this will be a perfect time to make money has made it bounce back to $7700. You guys shouldn't be too excited, even if you see $8k or $15k, this is not that perfect price we all are waiting for. We have seen those prices before, last year can testify to it. What we are hoping for is the price above $25k Grin

I am personally glad the price is dipping again, I still need to stock up more coins for the better days.

Lovecove

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(Thank you for all the merit =) ) ~Lovecove!

it sounds hot, but then the FUDDers are covering the news as well :/

See this: http://markets.businessinsider.com/currencies/news/bitcoin-price-will-likely-never-hit-another-record-high-barclays-says-2018-4-1021287408

You have Barclays, which is a credit card company and bank, saying that bitcoin will never ATH again... Sounds so dumb. They just want bitcoin to fail because they want fiat to rule.

I mean just look at that dumb chart, LOL. And then they compared bitcoin's rise and fall to that of the influenza virus Cheesy

. These people are trolling professionally with tinfoil hats on because they can't say anything solid to undermine bitcoin, which is just budding and continuing to bud as more people adopt it.

DaMut

sr. member

Activity: 1274

Merit: 263

Nothing happened with it.
A day ago or a few hours ago i saw 1.000.000 ASK on Bitcoin,because of that we could a dump.
and right now Bitcoin price went up from $7000 to around $8000 in a hour.
seems like Soros played his role at its finest on Bitcoin.
not sure it's a good sign or a bad sign ?
lets hope it's a good sign,so we can see a rally in upcoming weeks.
but if it's not,i have no idea how far it will go.

followmenot

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Activity: 533

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Finally ties have turned I guess. It was very quickly corrected but anyways we finally see bullish type of action after very very long time. This is good news for many investors. I hope that summer will be lot more interesting.

batang_bitcoin

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Quote from: Carolinawiestput28 on April 12, 2018, 06:42:39 AM

Big pump what happen ? What do you think dream ? or real.

That was real quick. I was browsing on FB and suddenly someone posted about the chart at $7,550 but upon checking on preev it was exactly $8,000!!!

But thanks to the day traders, it went $7,700 as of now.

Kemarit

legendary

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Quote from: Carolinawiestput28 on April 12, 2018, 06:42:39 AM

Big pump what happen ? What do you think dream ? or real.

LOL. To be honest, I went out when the price is around $6800-$7000, and I was quite surprised to see the price at $7700. I'm still looking at to what news might trigger this. Obviously market cap jumps above $300 million. So someone really put a lot of money in the market. I guess some big entities (Soros or Rockefeller?) has finally decided to enter the ecosystem. But we shouldn't be celebrating because of this sudden U-turn as we all know that the trend is really daily traders taking profits whenever they got the chances. So let's see how it goes and maybe this is the break out that we are all been waiting for. Let's wait and see.

Carolinawiestput28

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Big pump what happen ? What do you think dream ? or real.

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