Recent BTC pumps are completely illogical to me. Maybe some ppl want to get lambos from Santa...
For me even fast growth to 4k was very unhealthy. Bubble will pop sooner or later.
Topic: Why BTC is pumping now? - page 2. (Read 837 times)
Bitcoin is pumping because there is no more uncertainty in the market after a few months filled with lots of fork threats and political war between the community. Now everyone is rallying behind Bitcoin and we'll see a lot of growth.
Today, right now BTC just crossed $9400, why its pumping rapidly. Is there another fork coming ahead or any other reason?
In the middle of December, one more fork of bitcoin is expected with the formation of some kind of super-bottle. Little is known about this clone yet. Perhaps this circumstance also plays a certain role in raising the cost of bitcoins. Demand generates a price increase, and the fact of price increase again generates further demand, as more and more people want to make money on improving its rate. Thus, bitcoin is pumped ...
btc is just pump because all the investers are investing in btc due to the popularity of btc and making it very powerfull and the market cap is increased.
actually many institutional investors jumping into bitcoin and turning btc into futures.... whole new lot money and people are entering crypto... new blood and new money... so btc have a lot more to go and do... so just wait and watch the king show.. bcz its show time
I smell fish in current btc pump,it is going to fast,alts,few of them are rising to btc giving huge gains to fiat
Today is sunday so i think we have many btc weekenders buyers and lets wait for asia trading to start
Today is sunday so i think we have many btc weekenders buyers and lets wait for asia trading to start
Yeah good point
I smell fish in current btc pump,it is going to fast,alts,few of them are rising to btc giving huge gains to fiat
Today is sunday so i think we have many btc weekenders buyers and lets wait for asia trading to start
Today is sunday so i think we have many btc weekenders buyers and lets wait for asia trading to start
For me Bitcoin is now over $10k, if you put together all the forked chains, but some will argue that it was the fork chains that helped drive the price up. I will enjoy this as long as the bull run continues
I think the failed SegWit2X is the better candidate to why Bitcoin is pumping right now, but I think in the overrall is just getting more popular.
Coinbase got 100k new users just in the thanksgiving day, so I think the real reason is that more people are investing and it's getting closer and closer to hit the mainstream.
Coinbase got 100k new users just in the thanksgiving day, so I think the real reason is that more people are investing and it's getting closer and closer to hit the mainstream.
People already chilled after cancelled fork. First they sold their alts and bought btc to get the free btg, then they went back to alts. Since that time alts had a good growth and holders probably have some doubts about the further growth and selling alts for btc again. Plus market is a bit wormed up with the rumors about 10k btc till the end of the year.
If the BTC set an ATH in $10k value today,i will buy a new car and house and lot,going to encash 30% of my portfolio been waiting this for so long thanks satoshi !
you must have a lot of BTC ! lucky guy
I'm on 0.2 btc lol
If the BTC set an ATH in $10k value today,i will buy a new car and house and lot,going to encash 30% of my portfolio been waiting this for so long thanks satoshi !
Bitcoin had some good times of flat period in around 8000-8200.
Alts woke up a bit and now we are growing almost together.
Bitcoin now is trendy stuff and world accepts it completely.
Alts woke up a bit and now we are growing almost together.
Bitcoin now is trendy stuff and world accepts it completely.
It is because hundreds signed up to Coinbase last days. More demand, bigger prices. I think CME will launch a future options market for bitcoin, or at least people believe so.
While people keep the money flow into bitcoins, the price will keep rising.
While people keep the money flow into bitcoins, the price will keep rising.
This is the altcoin section. Why is everyone hoping for BTC to go up?
BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
Agreed we have the same observation,if the BTC goes up and down the alts bleeds when the BTC go sideways the alts grow. BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
This is the altcoin section. Why is everyone hoping for BTC to go up?
BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
This is not a absolute law,recently we saw that BTC was growing and Alts as well.
Because most of us are holding also BTC not only ALTS
I agreed with you based on my technical analysis the resistance was broke and the tests was successful here we go $10k BTC to the moon.
This is the altcoin section. Why is everyone hoping for BTC to go up?
BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
BTC up = Alts down
BTC down = Alts down
BTC stable = Alts up
We see a solid resistance in 8,300 to test if we can go through upto $10k usd in the next hours,hopefully this day we will reach the promised $10K before the year ends.
There is no one reason, I think that the situation is good n general, nothing bad is expected . No forks, everyone is confident , i think we will see a big resistance level at 10k$ and it will be a while before we cross it.
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