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Topic: why this pump ?? - page 2. (Read 2340 times)

full member
Activity: 258
Merit: 100
November 27, 2017, 02:20:40 PM
#82
Crypto currency is an advanced technology and will develop rapidly in the future, replacing in many respects the usual money in payments and replacing them. However, the current source bitcoin is greatly inflated in price due to its popularity. Rapid growth in its price and the opportunity to earn up to 1000 percent per annum, as in this year, generates a direct rush demand, which in itself again leads to an increase in its value. This happens in a circle many times, which is called an artificial increase in value, that is, its price is pumped up. One type of crypto currency can not be so different in price compared to others, having only slight differences, even if it is bitkoyn, which was the first crypto currency.
full member
Activity: 658
Merit: 152
November 27, 2017, 01:50:52 PM
#81
Big money attract big number of people. We can't say how much rich people invested in crypto their money to become even richer, but I think it's like 50%, cause of such people usually can see all perspectives to rise their wealth.
I am also wondering what was the reason f the pump, from the previous comments I have found just an ideas, but not facts. Maybe news from South Korea, that's my suppose Smiley
member
Activity: 79
Merit: 60
November 27, 2017, 01:42:15 PM
#80

I am more and more wondering why the price rises so much in bitcoin, so the figure of 9040 is coming very soon, but why is it that I'm new I do not understand it the best. I believe that the figure next year will be 10000 if not more? Undecided
full member
Activity: 350
Merit: 100
November 27, 2017, 01:40:27 PM
#79
I was talk about bitcoin at 10K and also predicting bitcoin to hit 10k before the end of this year 2017.  I think the prediction is for this month. Now if bitcoin hit 10k, who will be welling to selling? we would not be surprised to see beyond 15k per bitcoin before the first day of January 2018.
full member
Activity: 462
Merit: 102
November 27, 2017, 01:40:11 PM
#78
Many of us does wondering what is happening to it and it’s factor affecting the bitcoin price huge increases.. We can’t find one reason out of it because it’s a accumulation of many possible scenarios from additional users, investors and mainstream adaptation.. But we can observe some good news continues regarding businesses adaptation from fiat to feature cryptocurrency as an option..
full member
Activity: 812
Merit: 102
November 27, 2017, 01:33:05 PM
#77
Capitalisation is growing, it has already reached $ 300 billion, this means that people derive a Fiat to cryptocurrency and where to put it if not in bitcoin? From there growth. Soon the violas up going, too!
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
November 27, 2017, 01:30:30 PM
#76
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

everybody is asking why, what is the reason or etc. so many question I just want to make a money here
More people ask this because its a huge profit, once this price will still continue then much better to buy now then make huge profit in future, but I bet buying btc now is risky because of its high price. And yes this increase is due to demand.
sr. member
Activity: 392
Merit: 257
November 27, 2017, 01:19:58 PM
#75
Well i think that this increase in bitcoins has caused due to increase in demand of bitcoins in the crypto market as there is no fork or event up coming so increase in demand is probably the best answer.This pump shows that bitcoin is getting famous and many people are investing in bitcoins in hopes of good returns.
full member
Activity: 420
Merit: 105
November 27, 2017, 01:01:28 PM
#74
We are all looking at a super hype that every day is pumping more and more.
Personally I was waiting for a dip to buy more bitcoins but now I think that bitcoin will grow even more...
All the world is waiting to enter in the market, a market that was very little until now, supported only by few geeks ... Grin!!!!!
But with tokens, ethereum, altcoins and of course thanks to FOMO and to www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html this is going to explode!
The pity is that bitcoins is not gonna be very affordable for me and only great enterprises and institutions or asset managements are going to buy bitcoin from now to [...]

Hope I am wrong Wink
newbie
Activity: 44
Merit: 0
November 27, 2017, 12:58:54 PM
#73
Probably because of bitcoin in the CME is really near. Big investors are coming and peoples are trying to buy btc at the cheap price before that huge event.
hero member
Activity: 2968
Merit: 687
November 27, 2017, 12:44:27 PM
#72
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

everybody is asking why, what is the reason or etc. so many question I just want to make a money here
Get used to it since people do almost ask on everyday even on the simpliest questions as long they would able to tell or ask something into the public. Bitcoins price do pump because theres a demand. Period. No questions asked. There are some fundamentals which do mainly affect the price but for now i dont see its because on the fork but i do see because of holiday season  just like what happen on previous year specially on this month and on December.Usually bitcoins price do tend to rise up.Expect price corrections on next year on january or on next possible months.
full member
Activity: 224
Merit: 100
November 27, 2017, 12:38:44 PM
#71
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

everybody is asking why, what is the reason or etc. so many question I just want to make a money here
full member
Activity: 224
Merit: 100
November 27, 2017, 12:31:34 PM
#70
I believe that small portion of the total outstanding bitcoins in circulation, this brings the market is not deep enough and small jumps in expectations or perceptions of people possible to effect the prices
sr. member
Activity: 638
Merit: 300
November 27, 2017, 12:19:13 PM
#69
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .


Bitcoin is rising high because of people are holding their bitcoin..if people hold their bitcoin, the demand is getting higher in which the price of bitcpon will rise too. And also through social.media.bitcoin became popular that people were taking about this huge thing. So it helps people invest and hold.
member
Activity: 459
Merit: 10
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November 27, 2017, 11:24:14 AM
#68
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

This is mainly because the cost of bitcoin increases in fork. There are many events that can go up and it may increase.
member
Activity: 308
Merit: 13
November 27, 2017, 11:06:26 AM
#67
I think something bad will happen soon , at end of november or start of december . Its really cool that bitcoin rise in value , but this one is just too fast . If i had spare money i would short it close to 10k . Its just my opinion , but something dosnt seem right , look at that Graph . I think its just manipulation at the moment , because what i can see around me is only everybody thinking about buying and buying . But when big boys will start sell and there will be no buyers , panic will happen Smiley

I think the market is to big for this kind of manipulation.
The price is rising due to the fact that BTC is a lot in the news and FOMO is kicking in.
Next to that, the big investment company' are joining the Cryptoworld.
full member
Activity: 364
Merit: 106
November 27, 2017, 10:58:43 AM
#66
The only answer that I can think of is that in the Law of Demand had exceeded the Law of Supply. Lot of people might have invested a lot in bitcoin when it was at a lower price and thus, the result. Since there is a higher demand for bitcoin, the price will continue to ho higher, hence, more people will be attracted to buy. However, once the bitcoin holders reach their limit and start cashing out, bitcoin's price will eventually dropped, allowing the supply to flow back into the market to balance everything once again.
member
Activity: 98
Merit: 10
November 27, 2017, 07:29:48 AM
#65
Because many more people are seeing how much people can gain on bitcoin. Also bitcoin is trending and spreading all over the news today if you could see many more people are the significant price increase of bitcoin in our world today. They are like "wow we can really gain or have a returned on our investment in bitcoin."
copper member
Activity: 658
Merit: 284
November 27, 2017, 07:27:22 AM
#64
I really wonder that see the price of bitcoin price . now price of bitcoin 9038 usd .
can any one explain why this pump??
someone told that bitcoin hard fork is coming that's why this price pump .

The world biggest currency exchange called CME Group, announced launching bitcoin trading by the end of the year.
Lots of people from "Wall Street" and self made billionaires are now putting their money into bitcoin because they want to trade bitcoin on CME when bitcoin trading is launched on the platform.  
member
Activity: 64
Merit: 10
November 27, 2017, 05:43:58 AM
#63
There is no chance of the price going high due to hardfork. The price now is 9652 USD. It is the natural growth of bitcoin price. Many people nowadays prefer to convert their fiat to bitcoin because the fiat value goes down due to inflation and price of bitcoin keeps on going high. Therefore, the price of bitcoin is going high.
I will also consider it as a natural growth. Still there some reason which are causing the price of bitcoin. Bitcoin is now becoming popular through out the world, people now started taking interest in bitcoin and they are therefore trying to invest money there and which is causing the increasing in the price of bitcoin. i am sure that this increase will continue for a long time.
Is the cause of this plump potential investor and investors are so increasing and so is demand that is why prices is pumping
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