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Topic: Why is the bitcoin price rising rapidly today? - page 2. (Read 2318 times)

legendary
Activity: 1764
Merit: 1002
the reason is that every bear with a brain needs to turn to a bull at one point and vice versa. It can't go down forever.

Bears have brains?

This is Bitcoin!
sr. member
Activity: 952
Merit: 281
Because everyone wants to buy part of the world's future money supply
hero member
Activity: 742
Merit: 500
Because bitstamp is about to do a mt.gox and is selling everyone's coins on them without them knowing. When bitcoin price rises something shonky is going on.
Stop with this bitstamp doing a "stamping" thing pls.
Withdrawals work just fine after you send all the info (aka no withdrawal issues), they are only paranoid about money laundering issues.
hero member
Activity: 546
Merit: 500
hm
Maybe it is because of the news about ebay/paypal planning to get involved in bitcoin. Not sure though if that necessarily is a good thing.

They are telling this every few months. Maybe because Richard Bransen invested in Bitpay? Maybe because there were no bad news for a while?

I am very scepitical...
newbie
Activity: 4
Merit: 0
Because bitstamp is about to do a mt.gox and is selling everyone's coins on them without them knowing. When bitcoin price rises something shonky is going on.
legendary
Activity: 1106
Merit: 1005
we are gonna hit 10% increase today..something not seen for a couple of months happens today...but what is the reason?

Just market momentum. Hundreds if not thousands of people have been expecting a bull run around this time. Now it's finally happening. News has nothing to do with it. Bitcoin does what bitcoin does.
hero member
Activity: 742
Merit: 500
the reason is that every bear with a brain needs to turn to a bull at one point and vice versa. It can't go down forever.
legendary
Activity: 812
Merit: 1002
Because Chuck Norris bought 1 bitcoin.

This really belongs in the speculation section.
full member
Activity: 224
Merit: 100
Maybe it is because of the news about ebay/paypal planning to get involved in bitcoin. Not sure though if that necessarily is a good thing.
newbie
Activity: 2
Merit: 0
looks to me like short squeeze ?
hero member
Activity: 658
Merit: 502
we are gonna hit 10% increase today..something not seen for a couple of months happens today...but what is the reason?

Yea, past week has been good week, I guess... Maybe the price being stable for so long got people coming jumpin on the band wagon. Either way, happy its moving somewhere now.
hero member
Activity: 756
Merit: 502
we are gonna hit 10% increase today..something not seen for a couple of months happens today...but what is the reason?
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