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Topic: Whos pumping bitcoin now? - page 3. (Read 6736 times)

legendary
Activity: 966
Merit: 1006
November 06, 2016, 07:36:01 AM
#91
Demand for bitcoin/crypto currency is increasing everyday while as the bitcoin reward per block is getting lowered and also cost of mining those bitcoin is being very expensive. All of this are cause of any price pump in bitcoin, i don't think we should consider every pump as manipulation only instead dumps can be due to manipulation which doesn't last long.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
November 06, 2016, 07:17:51 AM
#90
They're is nothing unbelievable about the current price, I actually think it's very  undervalued and a strong upwards correction is impending.....
Btc has historically always been not for thee of little balls..... They will get shaken off before any great rises as usual because they dump and panic when they should accumulate and be strong
legendary
Activity: 2954
Merit: 1153
November 04, 2016, 07:48:59 PM
#89
I was observing the market and thought that the sudden price increase of bitcoin was because of the Chinese buying bitcoin in order to escape Yuan crisis but this kind of scenario had been in the news for some months now.  Then all of a sudden a fake news about Chinese government implementing strict rules on bitcoin and yet there is no proof that it come from the source this news is talking about.  So I have made some conclusion, it might be correct or not but it seems some whale is pumping bitcoin until it hit his target price.  Then propagated a fake news and dump his coins and so other will follow to make bitcoin price go lower and that is when he decided to buy back bringing the price back to $700 +. I also think that price of bitcoin will rise after this event, preliminary pump phase is done, now i guess that the actual pump is about to happen.  I may or may not be correct in this.  Just my opinion.
member
Activity: 82
Merit: 10
November 04, 2016, 02:58:54 PM
#88
I do not know who is pumping. But it may well be natural. Mouth to mouth or an appearance on local news can create a chain effect at any time...

You are right its hard to say what is pumping the bitcoin but it will most likely be that the bitcoin is getting more popular everyday.
Just because of that its these getting pumped what is good.
hero member
Activity: 658
Merit: 505
November 04, 2016, 01:56:47 PM
#87
Whales can influence the price in certain scope. Probably the situation on the market in regard of supply and demand too. It's very complex question and the true facts we will never know.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
November 04, 2016, 07:59:58 AM
#86
Before I sleep last night the price was just below 660, and now it is above 680. It even hit 690 at one point. It this a legit price increase or is it just a pump for the holiday? Why does bitcoin price seems to pump around this time of the year?
i am also thinking the same since three days .
because i  am seeing the price of btc daily about 30-40 times . and at each time i am surprise that price is like at exchange sites where sudden up and then down for long and so on .
but it may be the very big trader who is making very bulj buy and sell and making price fluctuated .
hero member
Activity: 812
Merit: 500
November 04, 2016, 07:45:27 AM
#85
Absolutely right, I also same thinking about pump and dump, it is not strategically happened, it is naturally happened and who's happen, and that's we are peoples. Because bitcoin is world wild crypto currency, and huge people are using it and doing selling and buying, So that's why automatically price increase and down.   
how can a market flow without any influx ,the price movement cannot be automatic ,it has to be some common factor between the large holders of the coin ,they could really move the market if they are holding a large number of coins

Holding a large number of coins, So Who hold it ? As i know big investors and merchants so they are people, i am also holding a big amount of bitcoins, You know why because of increasing price. And many peoples are doing it, because it is a easy way to gain profit.  
legendary
Activity: 1372
Merit: 1005
November 04, 2016, 07:43:12 AM
#84
We all are. Investments are making Bitcoin rise, and it's probably time right now for miners to invest into new rigs, or a millionaire invested in Bitcoin. It needs to grow so it can be held alive.

Even I don't know how bitcoin get pump or dump on their price value. I believe It all depends on the supply and demand of bitcoins only. I have noticed one thing bitcoin is getting rise in the festival seasons and holidays always. Guys anyone knows the reason for it.
legendary
Activity: 1134
Merit: 1598
November 04, 2016, 07:38:27 AM
#83
We all are. Investments are making Bitcoin rise, and it's probably time right now for miners to invest into new rigs, or a millionaire invested in Bitcoin. It needs to grow so it can be held alive.
member
Activity: 119
Merit: 100
November 04, 2016, 07:35:04 AM
#82
I do not know who is pumping. But it may well be natural. Mouth to mouth or an appearance on local news can create a chain effect at any time...
full member
Activity: 149
Merit: 100
November 04, 2016, 07:34:05 AM
#81
Absolutely right, I also same thinking about pump and dump, it is not strategically happened, it is naturally happened and who's happen, and that's we are peoples. Because bitcoin is world wild crypto currency, and huge people are using it and doing selling and buying, So that's why automatically price increase and down.   
how can a market flow without any influx ,the price movement cannot be automatic ,it has to be some common factor between the large holders of the coin ,they could really move the market if they are holding a large number of coins
hero member
Activity: 812
Merit: 500
November 04, 2016, 06:54:57 AM
#80
I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.
Yes, the pump is natural and will continue in that trend because many people are been introduced daily into bitcoin and they all find it as a suitable means to invest their money heavily which guarantees handsome return. That must be reason why every hike is natural and will yield positive results on long term perspective too.

Absolutely right, I also same thinking about pump and dump, it is not strategically happened, it is naturally happened and who's happen, and that's we are peoples. Because bitcoin is world wild crypto currency, and huge people are using it and doing selling and buying, So that's why automatically price increase and down.   
legendary
Activity: 938
Merit: 1002
November 02, 2016, 02:04:59 PM
#79
I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.
Yes, the pump is natural and will continue in that trend because many people are been introduced daily into bitcoin and they all find it as a suitable means to invest their money heavily which guarantees handsome return. That must be reason why every hike is natural and will yield positive results on long term perspective too.
hero member
Activity: 728
Merit: 500
November 02, 2016, 12:58:43 AM
#78
Bitcoin has a tendency to destabilize as soon as you think it "has become stable" or whatever.
hero member
Activity: 644
Merit: 501
November 02, 2016, 12:43:50 AM
#77
The question I would like to ask is does that really matter? Anyways, According to trading volume Huobi and OKcoin are the main exchanges in volume so I'd say that if there a country that is pumping bitcoin is probably China.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
November 02, 2016, 12:07:08 AM
#76
I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.

This time the pumping of price is continuing due to the common bitcoin users. Lots and lots of people have known about the digital currency and its advantages as a currency and investment had started adopting it for their own goodness. This has caused a pump in price from the price around $650 which is now towards $750.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
November 01, 2016, 11:12:43 PM
#75
I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.

yup and there is a good movement on every market so we can enter to the market to make order buy bitcoin and make a profit on there. many people now want to buy bitcoin while the price is not going to high.

this may be one of the last opportunities to buy whole bitcoins under 800 and soon probably under $1k
ive seen it at $10 ,$100 ,$200 etc etc and $800 will be left behind us soon on our way to the dusty white surface of the moon Wink
hero member
Activity: 1610
Merit: 507
November 01, 2016, 11:06:44 PM
#74
I guess this pump was made by people. I mean its naturally made by rational people.
I mean there wont be huge dump after this one. People believe in bitcoin.

yup and there is a good movement on every market so we can enter to the market to make order buy bitcoin and make a profit on there. many people now want to buy bitcoin while the price is not going to high.
hero member
Activity: 3010
Merit: 794
November 01, 2016, 07:48:04 AM
#73
As we  observe on the  bitcoins price  in previous days and  weeks   it really  does  increase its  price  on a good manner. As ive heard  on the news   chinese  do  buy  millions of bitcoins  and i think   its  one of the reason  why  bitcoins price  is  increasing  and   theres  no  manipulation here but a  pure adoption.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
November 01, 2016, 04:21:44 AM
#72

sure things are serious at this point we have more companies involved and think that now they starting to accept bitcoin as good and stable value (currency)
this will be in next year or two more adopted so with this percentage in price go up or down i dont mind at all
it will be good in next period and most important is that price is stable

The price increase up to the point of surpassing the ATH may not reach if couple of years from now, most companies or any kinds of related things to that will adopt bitcoin at it's finest. Yes surely the demand will increase but somehow the usage will also increase, meaning most coins will now be circulated in the market resulting for a stable price.

What I want to happen is when that times happen, we are around in the correction that we may consider as a decent one, let' say close to around $1,000. Although this is just a speculation from the side of my mind, this is what I see when bitcoin reached the status of being most adopted.
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