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Topic: Why btc has increased 13.04% today? (Read 230 times)

newbie
Activity: 16
Merit: 0
August 04, 2018, 04:34:05 AM
#27
Maybe the market is vibrant again Smiley Smiley Smiley Smiley Smiley Smiley Smiley
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
April 13, 2018, 03:40:49 AM
#26
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

because there are more buy orders than sell orders. That is how it works. That was also the reason for sudden decline in price from $20k to $6k. Hard to tell why..
member
Activity: 294
Merit: 17
April 13, 2018, 03:31:39 AM
#25
Everyone hopes that it will continuously increase by the end of April. It is definitely a good news for everybody since last month of just playing around $6500 but still we still don't know what will happen next so we have to keep vigilant.
hero member
Activity: 2716
Merit: 552
April 13, 2018, 03:27:31 AM
#24
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

Most of us dont really know why the price pumped for the last 24 hrs. But I maybe just maybe it has something to do with the taxation days in the USA.
hero member
Activity: 770
Merit: 500
April 12, 2018, 09:43:31 PM
#23
The bulls are returning to the cryptocurrency markets, that's why.  Everything has been oversold making prices drop very low this year and now is the recovery stage.  Many cryptocurrencies will break their all time highs later this year.   Smiley
sr. member
Activity: 1123
Merit: 253
April 12, 2018, 09:40:13 PM
#22
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

We are both in a quandary as to where this sudden pump comes from. But if we take a look at the 13.04% growth, it is not actually a big deal. It is within the normal growth. Perhaps we should be shocked when it is 50% or 100% in just an hour. But with that little double figure, there is no need for a really huge news for that. After all, it is Bitcoin. Bitcoin has always been eyed by so many large investors especially these past few days because of its very cheap price.
jr. member
Activity: 31
Merit: 1
April 12, 2018, 09:37:48 PM
#21
Banks and governments are finally realizing they screwed up by bashing Bitcoin

https://www.youtube.com/watch?v=zanA6JwG7CA
newbie
Activity: 112
Merit: 0
April 12, 2018, 09:35:47 PM
#20
it takes $2,000,000,000 for Bitcoin price to go up by +1%

In one day all investor has spend $20,000,000,000
full member
Activity: 322
Merit: 100
April 12, 2018, 08:38:57 PM
#19
it seems to me like a market manipulation kind of but who is bold enough to make this much of a purchase, I don't know, I also think a pump and dump is also unlikely because I never seen it done successfully on this large of a scale. it seems to me like we really don't know.
jr. member
Activity: 196
Merit: 1
April 12, 2018, 08:32:35 PM
#18
I think the bull run is becoming a reality in the current situation probably why people are doing the panic buying because they are seeing the market trend doing great this time. Great profit awaits for the bitcoin investors and that is mainly the reason for this buying.
hero member
Activity: 1395
Merit: 505
April 12, 2018, 08:13:35 PM
#17
George Soros is buying.
full member
Activity: 616
Merit: 100
April 12, 2018, 08:10:15 PM
#16
there are panic buy, because the "whale" do some big buy on bitcoin and makes the bitcoin price is increasing, its normal if the people still buy more and more i think the price of bitcoin will increasing more and more, and i hope that bitcoin price can fix above $15000 again in end of month
jr. member
Activity: 252
Merit: 1
April 12, 2018, 08:05:36 PM
#15
No why, its just happen. we wouldn't know when people decide to buy. seeing the price rises only indicate more people decide to buy in at the moment. most news about bitcoin doesn't affect much.
newbie
Activity: 168
Merit: 0
April 12, 2018, 07:27:00 PM
#14
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?

It is indeed a sudden jump rate, but I believe, many investors around the globe invested today in bitcoin.  It is a good sign that bitcoin is getting better.  I'm hoping that this continues as the successful will be with it.
legendary
Activity: 1596
Merit: 1034
April 12, 2018, 07:24:10 PM
#13
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?
I did not find a very influential news that could make today's bitcoin price hike so I suppose that pumping today just to get more profit before the tax deadline later on April 17th in America. They want to avoid paying taxes and take advantage first before cash out so that this increase will continue in the next few days. but, if my guess is wrong then this rise will be the first signal that a trend reversal has arrived.
newbie
Activity: 67
Merit: 0
April 12, 2018, 07:17:41 PM
#12
Trading is the really the reason why we can not rely on the especulations where and when the big changes is primary in its value in the trend of crypto. Perhaps we can contribute is to rely on the continuously change of its value untill returns to its original maximum value in the past.
newbie
Activity: 153
Merit: 0
April 12, 2018, 07:16:21 PM
#11
News about BTC's growth is on the news today!

BTC may break through the downturn and start to rise! We may soon see the BTC rise above $10,000 by the end of the month!

Is this a positive sign for a bull market?
member
Activity: 252
Merit: 14
Marketplace for sensor data
April 12, 2018, 07:15:44 PM
#10
If you follow the Bitcoin rate over the years, you will see that the Bitcoin exchange rate increases in the last 6 months of the year, and now Bitcoin rate is up 13.04% just after one day I find it entirely reasonable. Because after facing 3 consecutive months of falling exchange rates, the BTC rate will increase rapidly to the end of the year, predicting that it will exceed $ 20,000.
full member
Activity: 406
Merit: 102
April 12, 2018, 07:11:17 PM
#9
Well could be 401k released already so people have a lot of money to spend. Or could be the whales are already making their move and bought a huge amount of btc so the price can climb back up. There's no real explanation found on the web regarding this pump. We just have to celebrate
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
April 12, 2018, 07:09:42 PM
#8
where is this sudden pump coming from?
in excellent news, do you think that btc is ready to jump high again?
Same here. Not sure what has caused the price to jump $1,000 USD within an hour. Just saw the price being and around $6,700 USD and within few minutes all of a sudden I see the price has reached $7,800 USD. Almost about to hit $8,000 which will the first time since before march.
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