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Topic: why rise price? - page 2. (Read 3449 times)

member
Activity: 66
Merit: 10
November 13, 2014, 09:23:48 AM
#25
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.
sr. member
Activity: 266
Merit: 250
November 13, 2014, 09:22:33 AM
#24
Because we haven't found the true value of Bitcoin yet.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
November 13, 2014, 09:20:10 AM
#23
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)
newbie
Activity: 12
Merit: 0
November 13, 2014, 08:49:36 AM
#22
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.
hero member
Activity: 518
Merit: 500
Hodl!
November 13, 2014, 08:35:07 AM
#21
Well I found out this morning, that 5 Trillion a day pumps through the Forex markets, 1% of that would send BTC insane.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
November 13, 2014, 08:16:07 AM
#20
$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

This is lie.
legendary
Activity: 1148
Merit: 1011
In Satoshi I Trust
November 13, 2014, 06:51:56 AM
#19
Why is the price gone up?
Please tell me Wink

because people buy BTC
global moderator
Activity: 3850
Merit: 2643
Join the world-leading crypto sportsbook NOW!
November 13, 2014, 06:51:00 AM
#18
$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.
hero member
Activity: 658
Merit: 500
November 13, 2014, 06:36:09 AM
#17
Bitcoin has remained so low for so long, it's about time some major investors realising this is the bottom.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
November 13, 2014, 06:23:03 AM
#16
$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
hero member
Activity: 784
Merit: 500
DeFixy.com - The future of Decentralization
November 13, 2014, 06:20:46 AM
#15
yeah I want to know too.
It was a big rise in 24hr really interesting.
hero member
Activity: 688
Merit: 500
ヽ( ㅇㅅㅇ)ノ ~!!
November 13, 2014, 06:19:16 AM
#14
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.
newbie
Activity: 36
Merit: 0
November 13, 2014, 06:17:22 AM
#13
I found the origin of this storm is Huobi.




$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.
sr. member
Activity: 364
Merit: 250
November 13, 2014, 06:09:46 AM
#12
Holy shit 123 mln US dollar volume 24 hours  Shocked
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 13, 2014, 06:02:56 AM
#11
I found the origin of this storm is Huobi.




$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.
newbie
Activity: 36
Merit: 0
November 13, 2014, 05:59:05 AM
#10
$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.
hero member
Activity: 574
Merit: 500
November 13, 2014, 05:48:49 AM
#9
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.
sr. member
Activity: 309
Merit: 250
November 13, 2014, 05:36:16 AM
#8
$3 billion hedge fund company starts investing in Bitcoin via OKCoin.

Damn Shocked Let's just hope that It will keep rising & rising :p I only have 0.2 BTC but Im too excited about it
sr. member
Activity: 686
Merit: 255
November 13, 2014, 05:06:32 AM
#7
Why is the price gone up?
Please tell me Wink

Because history is repeating itself Wink
legendary
Activity: 1457
Merit: 1001
November 13, 2014, 05:03:24 AM
#6
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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