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Topic: Why Bitcoin will pump like crazy (Read 780 times)

legendary
Activity: 3668
Merit: 6382
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January 30, 2019, 05:15:32 AM
#82
Bitcoin may pump up but it wouldn't be "like crazy" as mentioned by the OP. I am also in support of those who want a gentle growth. If bitcoin pumps like crazy, it means it will fall like crazy as well. All we have to do is to avoid those negative minded people who are always spreading fake news just to cause fear and panic in the market to ruin crypto.

Actually everything is possible and, sooner or later, a bull run and then a new bubble have all the necessary background prepared. Really, right now I don't see too many scenarios I could clearly rule as "impossible", neither good scenarios, nor bad ones.
sr. member
Activity: 980
Merit: 253
January 30, 2019, 05:09:46 AM
#81
Bitcoin may pump up but it wouldn't be "like crazy" as mentioned by the OP. I am also in support of those who want a gentle growth. If bitcoin pumps like crazy, it means it will fall like crazy as well. All we have to do is to avoid those negative minded people who are always spreading fake news just to cause fear and panic in the market to ruin crypto.
full member
Activity: 476
Merit: 101
January 29, 2019, 01:10:04 PM
#80
First of all throw away all TA you have seen and every good news idea you have been waiting for. Tho I have been in crypto for a little time I have realized that all that people base on to predict the bull market are mostly untrue (at least, for now).

Now the only reason that can pump Bitcoin on the market is that, people ridiculing and price watching even though they've not bought in can pump it. What happens is that, after every bubble people look out for the "subject of topic" to collapse. If it doesn't, they come and join like crazy and that's why Bitcoin skyrocketed in 2017.

So all we have to know is that should Bitcoin pull through this mess again, lol . .we're gonna moonrocket and that'll be because all those who thought we're done forever (Haters, Press, Analysts, Economists, those who cashed out, etc) will catalyse a never seen before FOMO.

So as for me, I'm not waiting for any Bakkt, ETF, Government regulations, Institutional Investors, Venture Capitalists, etc....I'm just waiting for 2019 to pass by and we'll see.


Bitcoin skyrocketed in 2017 because of price and volume manipulation in exchanges, pump and dump schemes, hardforks and printing million of tether. Nobody can do it again and get the same effect because things are more stricter now thanks to SEC.
hero member
Activity: 1246
Merit: 529
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January 29, 2019, 11:17:43 AM
#79
We are moving towards to another phase,if we can convince the government to adopt Bitcoin then it can increase the price,etf, bakkt could be the trigger to make the price go up but it won't stay forever, so we need permit from government and adoption from big companies to make the price go to the peak again

Well what you're saying here is probably years in the making. I don't see any government permits and mass adoption happening this year or next year. But a pump can be initiated by a lot of things. Whales can start a run that'll cause a large fomo. That usually is the reason for massive sudden pumps.
hero member
Activity: 2884
Merit: 794
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January 29, 2019, 09:27:29 AM
#78
From what I understand, the only catalyst is .. year 2020? That could make sense only because of the halving, but I tend to believe there are multiple factors needed for a "pump like crazy" and simply "year 2020" is not a valid factor.
So the halving could be one factor. We may need some more to cause the FOMO, else it'll be "just" normal growth, if any.
True, but time is also necessary for the bull market to build up for several reasons, many of those that are still in the market and believe in cryptocurrencies have invested already everything they could in the market so it is impossible for us to invest even more money, and at the same time new investors are not getting in the market because they lost their money when the bubble disappeared or they are afraid the crash is not over and we need stability and time to get their trust back.
legendary
Activity: 1666
Merit: 1001
January 27, 2019, 06:21:25 AM
#77
We are moving towards to another phase,if we can convince the government to adopt Bitcoin then it can increase the price,etf, bakkt could be the trigger to make the price go up but it won't stay forever, so we need permit from government and adoption from big companies to make the price go to the peak again
legendary
Activity: 2114
Merit: 2248
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January 26, 2019, 02:33:54 PM
#76
Bull run may trigger once there is a strong sentiment of people and a lot of investors would join in on the market. Though big investors can flip everything in the market so easily if they have to.

There is more to price movements than public sentiments and opinions. There are lots of factors that affect demand (price at which investors are willing to buy) and supply (price at which people are willing to sell)
Hype could be triggered by many factors.
hero member
Activity: 2996
Merit: 609
January 26, 2019, 02:01:58 PM
#75
The main reason bitcoin may pump like crazy is the positive news and public sentiment is so strong to get pump being a decentralised network no one can control when the people sentiment is strong it keeps pumping 
But before it happens we know that the market was link in price manipulation. You may be right with what you have said but some of these people sentimental were going to lose and some may have to win.
Bull run may trigger once there is a strong sentiment of people and a lot of investors would join in on the market. Though big investors can flip everything in the market so easily if they have to.
jr. member
Activity: 378
Merit: 3
January 26, 2019, 01:30:19 PM
#74
The main reason bitcoin may pump like crazy is the positive news and public sentiment is so strong to get pump being a decentralised network no one can control when the people sentiment is strong it keeps pumping 
legendary
Activity: 3234
Merit: 1214
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January 26, 2019, 11:24:38 AM
#73
So as for me, I'm not waiting for any Bakkt, ETF, Government regulations, Institutional Investors, Venture Capitalists, etc....I'm just waiting for 2019 to pass by and we'll see.

this is what people will do, the price has always increased when there is good news and after the price has started to fall from $ 20,000 to the current price, people have suffered many losses and stopped believing in good news. This market was driven by good and bad news

but pump is very bad for BTC, sudden skyrocket and sudden dip - looses public trust.

I agree

but there are many evidence to believe that it will recover in the future

every day i just hear bad news, I think we'll be in the $3000 to $4000 for a long time
Yes that's the hard reality, the price of bitcoin will stay within $3000 - $4000 for a much longer time period. If it's to cross $4000, during the past price rise this could have happened. The recovery of bitcoin is promised, but the same doesn't have any time frame. Only possibility is to hold with patience. The rest will happen on its own, better not to depend on cryptocurrencies for living during these days.
hero member
Activity: 1414
Merit: 516
January 25, 2019, 05:26:03 PM
#72
I think will pump but not now and we will need to wait a longer, longer time in my opinion. We will see a pump but only after 2-3 months, or possible a bit more, until then fill your bags and invest only money that afford to lose.
legendary
Activity: 3164
Merit: 1127
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January 25, 2019, 03:59:02 PM
#71
So as for me, I'm not waiting for any Bakkt, ETF, Government regulations, Institutional Investors, Venture Capitalists, etc....I'm just waiting for 2019 to pass by and we'll see.

this is what people will do, the price has always increased when there is good news and after the price has started to fall from $ 20,000 to the current price, people have suffered many losses and stopped believing in good news. This market was driven by good and bad news

but pump is very bad for BTC, sudden skyrocket and sudden dip - looses public trust.

I agree

but there are many evidence to believe that it will recover in the future

every day i just hear bad news, I think we'll be in the $3000 to $4000 for a long time
legendary
Activity: 3234
Merit: 1214
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January 25, 2019, 03:21:45 PM
#70
With bitcoin as well the well backed altcoins pump and dump were quite a common thing. To be successful through the pumps and dumps one need to have good knowledge in trading and funds to spare on the same. Apart from this we cannot expect the market to be on the pumping side forever, it varies. Good is to have patience and benefit at the right moment holding.
sr. member
Activity: 1176
Merit: 286
January 25, 2019, 01:40:55 PM
#69
yes i remember pump of mid 2017
i hope crazy pump comming next days because bitcoin need these big pump now and not above 15000
full member
Activity: 770
Merit: 126
January 25, 2019, 01:21:26 PM
#68
There may be likely another good year for crypto currency come 2020  and this may be the year of recovery of the market value of Bitcoin and many other crypto currency.
hero member
Activity: 1834
Merit: 566
January 25, 2019, 12:55:08 PM
#67
1. the demand from the people will go crazy, all we need is just a single pump or simple one.

2. merchants will go on it and everything will be fine.


3. government will have no choice but to take the offer from it.

Great points and of course governments will have to accept bitcoin in the future if the majority of businesses and entrepreneurs starts to use bitcoin as a means of payments and there are more than enough evidence to believe that Bitcoin market is recovering but it will take more time than we expect to come to a certain level because the drop was much higher than any other time but there are many evidence to believe that it will recover in the future so any investor today can certainly invest with confidence to make remarkable profits
Yes, the government have no choice cause they have to accept bitcoin but we must ignore the fact that the government sees bitcoin as total liberation from their abuse of power and their past failure which why most of the stingy government and the senior bankers hate bitcoin. Lets just hope that the ETF got approve because it will woo the merchants and the demand from people will go crazy as Santopogi said.
jr. member
Activity: 86
Merit: 1
January 25, 2019, 12:02:39 PM
#66
1. the demand from the people will go crazy, all we need is just a single pump or simple one.

2. merchants will go on it and everything will be fine.


3. government will have no choice but to take the offer from it.

Great points and of course governments will have to accept bitcoin in the future if the majority of businesses and entrepreneurs starts to use bitcoin as a means of payments and there are more than enough evidence to believe that Bitcoin market is recovering but it will take more time than we expect to come to a certain level because the drop was much higher than any other time but there are many evidence to believe that it will recover in the future so any investor today can certainly invest with confidence to make remarkable profits
legendary
Activity: 2982
Merit: 1028
January 24, 2019, 07:20:48 AM
#65
There is no reason found yet in 2019 for the price to go crazy but we may see in the future of this year or not but all we have to do is just wait and hoping it to happen.
We will find the reason once the price will go crazy again, like it will again go to the moon.
Even in the past, there's really no specific reason, everything was just a mere speculation from the start supported with a hype and people get FOMO.
We might see that again as this market never change its trend, expect for the price to be hard to move upward now.
I am not aure about ETF approval and it won't much encourage the prices in long run so just looking for organic growth.
ETF approval will eventually affect the price, if that is not a big thing my friend, people won't be talking about it.

More bitcoin aspirants are just waiting for this big news, after the approval many more investors will be joining maybe another sets of whales that can compete with those who's previously inside the market, though we cant tell what would be the actual outcome but many people are eyeing for this
and hoping that it will bring huge growth for crypto industry.
legendary
Activity: 2688
Merit: 13334
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January 24, 2019, 06:14:13 AM
#64
Bitcoin pumps in the past are no guarantee for Bitcoin pumps in the future.

That said ... gimme a $100k Bitcoin pump NOW!!! Wink
legendary
Activity: 1652
Merit: 1265
January 24, 2019, 04:30:38 AM
#63
Bitcoin pumps in the past are no guarantee for Bitcoin pumps in the future.

That said ... gimme a $100k Bitcoin pump NOW!!! Wink
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