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Topic: What is going on today?! - page 3. (Read 371 times)

newbie
Activity: 211
Merit: 0
April 12, 2018, 10:33:43 PM
#25
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
Wow...a price increase of 15% in a matter of 45 minutes!  From 6900k it rocketted to 8,039k in a very short span of time. This is why people must not judge bitcoin that it will die of or scarce down because everything is possible with bitcoin in just a blink of an eye!.. Traders fastened your seatbelth because we are in for a ride!
member
Activity: 672
Merit: 32
April 12, 2018, 10:31:24 PM
#24
It is surprising to see bitcoin prices skyrocketing suddenly, but worried this is only the Whiles game to benefit him. Because bitcoin trends are actually still standard and there is no indication for uptrend at night. Hopefully value increases
hero member
Activity: 1148
Merit: 504
April 12, 2018, 10:26:41 PM
#23
I am just happy that it starts to bounce back. It is bound to happen anyway. The bitcoin market has been depressed for too long now, and maybe the consolidation or correction is over. Time to move up again. I hope the trigger happy people don't start dumping again so the market can sustain this trend.
member
Activity: 420
Merit: 24
April 12, 2018, 10:23:03 PM
#22
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

Haven't heard or read any good news about bitcoin but I guess this is the moment that we've all been waiting for the skyrocketing of almost all of the cryptos. This is the time where we can profit more. We just have to enjoy the ride with all those greens but also becareful maybe its just a trap. We can't really tell when will this pump stops.
From everything I've gathered over the years, it seems like it's almost exclusively opinionated speculation. There are tons of numbers, statistics and theories that would support almost any price point imaginable. People can explain why it will go down at the same time people are able to explain it having the capability to rise as well. Nobody knows the future, and honestly people do not know why the price moves outside of educated guessing. I'm sure someone will have a laugh at my expense, as they believe to be a prophet, but the honest truth is nobody knows. We can only tell you whatever news, investment, innovation or other information is the most relevant and impactful, this is as close to explaining a rise/fall as you can hope to get, IMO.

I think the question is worded incorrectly though, because long-term BTC has always been "skyrocketing" as you put it. Short-term, this is nothing new, or out of the ordinary. What has made this particular movement in price cause you to ask the question in the first place? Are you new to Bitcoin? We've had much bigger inexplicable leaps and falls.

I concur. Bitcoin has already proven its worth long term. We can see it from previous years. During first quarter there was too much bloodbath to almost all of the cryptos. This is a very good sign cryptos skyrocketing while where still in 2nd quarter of this year. Hopefully the predictions that were set for bitcoin by the end of this year will be met which is $50k. We can't really tell what lies ahead but lets just be all positive and enjoy those greens.

Happy hodling everyone and have a great day ahead! Enjoy the greens!  Smiley
hero member
Activity: 3080
Merit: 603
April 12, 2018, 10:17:30 PM
#21
Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
Good news? George Soros? Rockefellers? USA tax day? We are getting close, whatever it is there's massive pump that happened that made the demand higher.

I suddenly saw Bitcoin skyrocketing. I don't know why it's up. Maybe the whale is buying Bitcoin?
It might be the cause of whale/s.

Calmly observe, may be the cause of false news, and wait for Bitcoin to stabilize
If it's a cause of false news then the price will go negative instead of becoming positive.
jr. member
Activity: 49
Merit: 5
April 12, 2018, 10:14:46 PM
#20
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
,,,Actually, it's really excited to know the good news about bitcoin, because this is all about we wanted to know is to check the prices in everytime. Nornally, if the demand moving up, the prices also going to rise.

Prices moving up is okay but is there any real reason behind it or just a fake run to trap new investors again?

Suddenly it went without any good news about the cryptos so I'm bit worried that it may correct back even more than earlier slowly.

I read some analysis in a telegram channel that this time round prices can even go as high as around 9K and if that breaks then we will see more high prices otherwise it will correct back.

I agree to this, its a good thing to know that the value of bitcoin is fighting its way back to where we expect it to be little by little. As to the article i have read the sudden surge of bitcoin's price was not a result of any major market news or any investors' announcement. But knowing that bitcoins value is highly volatile we should not expect that this time it'll continuously rise to the top again.

Maybe this article could bring us a little bit of insights or idea on whats the reason behind the sudden surge. https://www.express.co.uk/finance/city/945264/bitcoin-price-surge-btc-rising-why-will-bitcoin-stock-price-8k
 
hero member
Activity: 1302
Merit: 540
April 12, 2018, 10:14:22 PM
#19
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
Seeing the green inside exchange might be the effect of some good movements with btc value, if this will continue then we might see a good run indeed,
bitcoin is starting to bounce up once again, and reading some channel like telegram and slacks there's some feed that it can possible break $8k barrier
and begin to try reaching $9k, I'm always positive with crypto even most of my investment fell, I will just hold and wait for them to rise back again, just
stay calm and be happy from what we are seeing today.
newbie
Activity: 124
Merit: 0
April 12, 2018, 10:13:07 PM
#18
Today bitcoin is starting to rise up i wish that it is the start of earning money for me and my cousins
legendary
Activity: 1386
Merit: 1123
April 12, 2018, 10:11:29 PM
#17
From everything I've gathered over the years, it seems like it's almost exclusively opinionated speculation. There are tons of numbers, statistics and theories that would support almost any price point imaginable. People can explain why it will go down at the same time people are able to explain it having the capability to rise as well. Nobody knows the future, and honestly people do not know why the price moves outside of educated guessing. I'm sure someone will have a laugh at my expense, as they believe to be a prophet, but the honest truth is nobody knows. We can only tell you whatever news, investment, innovation or other information is the most relevant and impactful, this is as close to explaining a rise/fall as you can hope to get, IMO.

I think the question is worded incorrectly though, because long-term BTC has always been "skyrocketing" as you put it. Short-term, this is nothing new, or out of the ordinary. What has made this particular movement in price cause you to ask the question in the first place? Are you new to Bitcoin? We've had much bigger inexplicable leaps and falls.
newbie
Activity: 49
Merit: 0
April 12, 2018, 10:06:35 PM
#16
nothing has changed and is still waiting for the change Cheesy
member
Activity: 196
Merit: 10
April 12, 2018, 10:04:56 PM
#15
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
i think it was for the new beginning of recover so i hope that it will rise and rise after the dump of the market so i excited for that to be increase again.
legendary
Activity: 3472
Merit: 10611
April 12, 2018, 10:04:34 PM
#14
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?
,,,Actually, it's really excited to know the good news about bitcoin, because this is all about we wanted to know is to check the prices in everytime. Nornally, if the demand moving up, the prices also going to rise.

Prices moving up is okay but is there any real reason behind it or just a fake run to trap new investors again?

Suddenly it went without any good news about the cryptos so I'm bit worried that it may correct back even more than earlier slowly.

I read some analysis in a telegram channel that this time round prices can even go as high as around 9K and if that breaks then we will see more high prices otherwise it will correct back.

you don't always need a good news for price to go up or bad news for it to come down. market is moving on its own regardless of news! and when we are at very low levels (eg $6k) it means we are way below the real value of bitcoin and it needs to go up and do it fast. the problem here is that people are too familiar with the word "bubble" when price rises but there is no word for when price is down, lower than intrinsic value, that is when sudden jumps happen.

and stop reading "telegram channel" they won't give you any valuable information ever Cheesy
hero member
Activity: 1106
Merit: 638
April 12, 2018, 10:02:35 PM
#13
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

You're not going to like this answer but the only sure thing that's happening today is: more buyers than sellers.

It's hard to pin these moves, one day 10% moves on some thing specific across a Global market unless there's some very obvious news. If you haven't seen anything in the headlines, don't bother trying to figure it out. Longer term trend lines are easier to link to evolving events.
sr. member
Activity: 532
Merit: 255
April 12, 2018, 09:55:03 PM
#12
Hey guys, I hadn't checked prices for a while and I did so today and noticed that everything is skyrocketing. Obviously this is because BTC is moving up but do we have any idea why things started moving up all of a sudden?

It seems that you are not careful in paying attention to price changes that occur. Before Bitcoin increased, actually Ethereum has done it first, followed by Bitcoin and then followed by other Altcoin. According to my analysis bitcoin prices the stronger the movement when compared with yesterday.

newbie
Activity: 221
Merit: 0
April 12, 2018, 09:51:53 PM
#11
Yes it is good news because the market is gradually rising again. Bitcoin seems to be an influence in this regard. I wonder what is behind the market rise and do we have to prepare with the correction again?
sr. member
Activity: 448
Merit: 250
April 12, 2018, 09:46:25 PM
#10
The sudden surge in bitcoin is not the cause of the news. The price is still low compared to the previous months, and the market has been reversed as a day of skyrocketing. We also need to observe a few days, if the trading volume of the exchange has skyrocketed for several days, so the big whale is buying a lot.
newbie
Activity: 105
Merit: 0
April 12, 2018, 09:41:08 PM
#9
I suddenly saw Bitcoin skyrocketing. I don't know why it's up. Maybe the whale is buying Bitcoin?
Calmly observe, may be the cause of false news, and wait for Bitcoin to stabilize
member
Activity: 490
Merit: 13
April 12, 2018, 09:35:30 PM
#8
Its a Bull Trap ?? I dont see any good news about btc today.
Let's just wait the price going stable and see if this time is not a Bull Trap.

And when the market is down, you consider it the right price? But when it is up with around 10% only you consider it a bull trap? Why is that? You seem to be eaten up with the FUD mentality. When the price of Bitcoin is falling down freely, you accept it wholeheartedly because of the so many FUDs and the fake news about ban around, but when it shows that it is stronger than it seems, you treat it as a simple case of manipulated move. Why don't we consider instead the red market as the trap for the huge investors to be able to buy cheaper and not the other way around?

I'm not good at trading btw. But i see the price get stronger without a single correction.
Look on 1H tf , the price goes from 6800$ and reach 8000$ with just only 1 candle .. Doesn't seem strange to you?
member
Activity: 299
Merit: 10
April 12, 2018, 09:25:54 PM
#7
you read some analysis in telegram channel that this time price can even reach the highest and if it is true then we will see higher price otherwise it will be repaired again.
newbie
Activity: 15
Merit: 0
April 12, 2018, 09:23:54 PM
#6
Bitcoin will pass over 8k today.
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