Topic: What is driving the price crazily up???? - page 3. (Read 5723 times)
The long stable boredom periods are always followed by a breakout to the upside. Bitcoin is just doing what it do.
Someone is trying to stir up a bubble. I don't blame him. It'll come some time anyway. That pump is obviously an explicit one to get the attention of people and to let them know that the whale is done accumulating.
So some Whale action doing this then? 
If that's so. Who thinks a rebound towards $450 is likely?
If that's so. Who thinks a rebound towards $450 is likely?
Maybe it's news from the past few weeks? Perhaps people finally have their accounts funded and ready. Or an increase in demand from deals made at last weekends conference in Amsterdam?
Mhmmm... There really hasn't been any innovations at Bitcoin 2014. I expect Coindesks article to tell us the reason.
Could China have secretly un-banned btc?
Lol. China never banned BTC. Maybe price is going up because people have only just realized how awesome bitcoin is?
Maybe it's news from the past few weeks? Perhaps people finally have their accounts funded and ready. Or an increase in demand from deals made at last weekends conference in Amsterdam?
Mhmmm... There really hasn't been any innovations at Bitcoin 2014. I expect Coindesks article to tell us the reason.
Could China have secretly un-banned btc?
Shiite, it's dropping again.
ARGH, will have to settle for a skateboard, not a car.
ARGH, will have to settle for a skateboard, not a car.
BELIEVE!!!
Haha, someone gotta design that for real, and I'd ditch the car in a heartbeat. Paid in BTC of course.
That said BTC can't break through the $500 level, WTF! Keeps bouncing off. Oh well, at least we're on the way up finally after these stagnant weeks.
Shiite, it's dropping again.
ARGH, will have to settle for a skateboard, not a car.
ARGH, will have to settle for a skateboard, not a car.
BELIEVE!!!
Maybe it's news from the past few weeks? Perhaps people finally have their accounts funded and ready. Or an increase in demand from deals made at last weekends conference in Amsterdam?
Mhmmm... There really hasn't been any innovations at Bitcoin 2014. I expect Coindesks article to tell us the reason.
Maybe it's news from the past few weeks? Perhaps people finally have their accounts funded and ready. Or an increase in demand from deals made at last weekends conference in Amsterdam?
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is always 10-11$ cheaper. I don't know why.
Btc-e is not really cheaper. Try depositing funds. You have to use 3rd party deposit methods that charge 1% fees. So btc-e is a little down (imo) because of those additional fees.
Shiite, it's dropping again.
ARGH, will have to settle for a skateboard, not a car.
ARGH, will have to settle for a skateboard, not a car.
News drives price as much as price drives news, so it's always difficult to say. However, it seems Russia and China have made some progress towards trade-agreements that completely bypass the USD:
http://www.zerohedge.com/news/2014-05-20/china-signs-non-dollar-settlement-deal-russias-largest-bank
It may be advantageous, for bitcoin, to create the narrative in the media that the price increased because the "USD's hegemony is being chipped away whether by foreign policy faux pas, crossed red-lines, or economic fragility" [ZH] as the China-Russia deal illustrates.
http://www.zerohedge.com/news/2014-05-20/china-signs-non-dollar-settlement-deal-russias-largest-bank
It may be advantageous, for bitcoin, to create the narrative in the media that the price increased because the "USD's hegemony is being chipped away whether by foreign policy faux pas, crossed red-lines, or economic fragility" [ZH] as the China-Russia deal illustrates.
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is alwais 10-11$ cheaper. I don't know why.
It's a real pain up the arse to get dollars into compared to the other exchanges. That might account for a price difference.
$491 right now. I hope it does, but now it's dropping. Oh, $489.7 now.
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is always 10-11$ cheaper. I don't know why.
Often, yes, but not always.
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is alwais 10-11$ cheaper. I don't know why.
It's a real pain up the arse to get dollars into compared to the other exchanges. That might account for a price difference.
Atlas ATS just broke $500 
Edit: You know if the price had not been so flat for the last 10 days this would be a lot less exciting...
Edit: You know if the price had not been so flat for the last 10 days this would be a lot less exciting...
I always go with Bitstamp for some reason, even before, when Gox was still around.
Probably has something to with the Coinbase price(essentially pegged, Coinbase higher by a couple a $ or so).
Probably has something to with the Coinbase price(essentially pegged, Coinbase higher by a couple a $ or so).
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is alwais 10-11$ cheaper. I don't know why.
It's a real pain up the arse to get dollars into compared to the other exchanges. That might account for a price difference.
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
BTC-E is always 10-11$ cheaper. I don't know why.
Did someone type in the price incorrectly? I suppose it was that, since it's only BitStamp that's this high. BTC-E is at $481.
Exactly why we track the 7 major exchanges, this is no "typo"...
Hmm... So weird. It seems to be hovering around $495 right now. So weird.
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