why rise price? - page 2. | Bitcointalksearch.org

Stifler

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Quote from: Elwar on November 13, 2014, 08:20:10 AM

I'm not sure why this would be considered not true unless the CTO of OKCoin is lying.

"Also very exciting is we have a new client, I cannot disclose the name yet. It's a 3 billion euro market cap client they just do hedge fund trading and they're going to trade on our platform so that's a pretty big institution."
--CZ (CTO of OKCoin)

The great thing about this is it's probably the first of many big investors. I';m sure there will be many more during the course of next year.

bitnanigans

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Because we haven't found the true value of Bitcoin yet.

Elwar

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Viva Ut Vivas

I'm not sure why this would be considered not true unless the CTO of OKCoin is lying.

"Also very exciting is we have a new client, I cannot disclose the name yet. It's a 3 billion euro market cap client they just do hedge fund trading and they're going to trade on our platform so that's a pretty big institution."
--CZ (CTO of OKCoin)

geetee

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Quote from: myohmy81 on November 13, 2014, 03:24:05 AM

Why is the price gone up?
Please tell me Wink

C'mon guys... look at the charts. the answer is right in front of you.
Its Bitfinex shorts, the attempt at everyone trying to close their position all at once... only way to close your SHORT position is to BUY BTC. The price is even $10 higher on bitfinex than bitstamp (look at bitfinex volume yesterday - 103,859 BTC - vs 44,040 on bitstamp)

Standard stuff, you see this happen from time to time when heavy hitters short a stock only to later feel the pain when the company delivers twice the expected profit and the stock starts going higher. You gotta buy dem shares back timmy.

Flashman

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Hodl!

Well I found out this morning, that 5 Trillion a day pumps through the Forex markets, 1% of that would send BTC insane.

btcxyzzz

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Monero - secure, private and untraceable currency.

Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

This is lie.

LiteCoinGuy

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In Satoshi I Trust

Quote from: myohmy81 on November 13, 2014, 03:24:05 AM

Why is the price gone up?
Please tell me Wink

because people buy BTC

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: little tiger on November 13, 2014, 04:59:05 AM

Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

Their CEO had made it clear that there was not such thing of $3 billion hedge fund investing in Bitcoin via OKCoin, so i think this is not the reason.
perhaps more and more ppl believe in BTC.

Regardless of whether it is or isn't true it obviously doesn't matter so long as people believe the hype real or not which obviously can effect the price.

zetaray

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Bitcoin has remained so low for so long, it's about time some major investors realising this is the bottom.

Elwar

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Viva Ut Vivas

Quote from: little tiger on November 13, 2014, 04:59:05 AM

Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

Their CEO had made it clear that there was not such thing of $3 billion hedge fund investing in Bitcoin via OKCoin, so i think this is not the reason.
perhaps more and more ppl believe in BTC.

Apparently it is a 3 billion euro hedge fund.

From their CTO:
https://www.youtube.com/watch?v=I4oiQriC0n8&feature=youtu.be&t=4m57s

valvalis

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DeFixy.com - The future of Decentralization

yeah I want to know too.
It was a big rise in 24hr really interesting.

xDan

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ヽ( ㅇㅅㅇ)ﾉ ~!!

The catapult is creaking and straining. Bears keep trying to pull it tighter and tighter. But at some point it just has to give away.

little tiger

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Quote from: desticy on November 13, 2014, 05:02:56 AM

I found the origin of this storm is Huobi.

Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

No, this has been proved just a misinformation by twitter, and a marketing gimmick for okcoin. Besides, No more.

oh,yeah, finally someone read the news.

PhilipMorris

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Holy shit 123 mln US dollar volume 24 hours Shocked

desticy

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www.cd3d.app

I found the origin of this storm is Huobi.

Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

No, this has been proved just a misinformation by twitter, and a marketing gimmick for okcoin. Besides, No more.

little tiger

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Activity: 36

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Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

Their CEO had made it clear that there was not such thing of $3 billion hedge fund investing in Bitcoin via OKCoin, so i think this is not the reason.
perhaps more and more ppl believe in BTC.

H.W.Z

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the crackdown of dark net make ppl have more faith in the potential of bitcoin. So the ETF and hedge fund company choose this right time to go into bitcoin.

Orangina

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Quote from: Elwar on November 13, 2014, 03:25:14 AM

$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

Damn

Let's just hope that It will keep rising & rising :p I only have 0.2 BTC but Im too excited about it

SpanishSoldier

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Quote from: myohmy81 on November 13, 2014, 03:24:05 AM

Why is the price gone up?
Please tell me Wink

Because history is repeating itself Wink

hiddensphinx

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Richard Branson just tweeted his article about Bitcoin

http://www.virgin.com/richard-branson/how-digital-currency-could-transform-the-world

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