Pages:
Author

Topic: wtf is going on?! - page 4. (Read 3299 times)

sr. member
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
February 18, 2016, 04:18:53 AM
#15
Traders don't have anywhere to go right now with what's going on with ETH so everybody's fund is in BTC.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
February 18, 2016, 03:38:40 AM
#14
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

Actually no one can answer you precisely. Reading others speculation might lead you to so much different ideas.

Just ride the current price trend of price. The result will be ride away or washed away. Be ready.
legendary
Activity: 3248
Merit: 1070
February 18, 2016, 03:32:03 AM
#13
you should not ask why the price is moving up, because thats normal, what was not normal was the dump under 400, instigated by fud like mike hearn and crap like that
sr. member
Activity: 476
Merit: 252
February 18, 2016, 03:27:02 AM
#12
ETH dump, apparently. it's diving down like crazee for the past few days. since feb 15 the price went down for about 50% and market cap down by $180M (35%).

It was to be expected. I don't know how people could have invested in this so massively and so fast.... When you have an investment with 250% growth you KNOW it can't be stable...
hero member
Activity: 924
Merit: 1000
February 18, 2016, 03:26:10 AM
#11
Either ETH or shorts closing, beware of the hype
copper member
Activity: 924
Merit: 1007
hee-ho.
February 18, 2016, 03:13:46 AM
#10
ETH dump, apparently. it's diving down like crazee for the past few days. since feb 15 the price went down for about 50% and market cap down by $180M (35%).

How will dumping ETH help the bitcoin price? It is not like people are buying more bitcoin after dumping bitcoin, they are actually holding the bitcoins then.

actually when people dump altcoin their first choice is always btc or fiat. so sell ETH -> buy BTC/fiat. some people who will get no profit because they bought ETH just before it went down will look for other options, while the ones who believe they can secure profit in BTC will go with BTC.
simply look at the volume of ETH/BTC on some exchanges.

there are of course other possibilities. but this one is the most logical conclusion because the price started to climb when ETH went down.
legendary
Activity: 1946
Merit: 1007
February 18, 2016, 02:41:54 AM
#9
ETH dump, apparently. it's diving down like crazee for the past few days. since feb 15 the price went down for about 50% and market cap down by $180M (35%).

How will dumping ETH help the bitcoin price? It is not like people are buying more bitcoin after dumping bitcoin, they are actually holding the bitcoins then.

In my view it would be more logical if the bitcoin price dropped due to people cashing out their ETH profits for fiat.

Guess the market is just recovering from the Hearn news and is now headed back in the orignial direction, which is over 500.
sr. member
Activity: 294
Merit: 250
February 18, 2016, 02:35:54 AM
#8
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

It's nothing surprising, BTC values were undervalued for a long time now. I think new floor is around $390 for the moment.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
February 18, 2016, 02:30:19 AM
#7
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

okey the next Climb is february 30  2016 #kidding Cheesy
i think it's very hard to predict bitcoin with 100% right, more people says bitcoin will be up before block halving, and im sure it we can reach $500, $600, 4700 maybe $1000
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
February 18, 2016, 02:22:57 AM
#6
Well I believe the support level was at about %375 wherein it settled there for some time before starting to go up recently. The only reason that I could see that might had an impact was regarding the hospital funding that hacker but other factors could also come into consideration like increase in demand or maybe another whale manipulating the market (hopefully not).
full member
Activity: 154
Merit: 100
February 18, 2016, 02:17:00 AM
#5
ETH dump, apparently. it's diving down like crazee for the past few days. since feb 15 the price went down for about 50% and market cap down by $180M (35%).

few weeks it was doge and now ether, these pump and dump does occur now and then and that it keeps on happening
copper member
Activity: 924
Merit: 1007
hee-ho.
February 18, 2016, 01:24:51 AM
#4
ETH dump, apparently. it's diving down like crazee for the past few days. since feb 15 the price went down for about 50% and market cap down by $180M (35%).
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
February 18, 2016, 01:08:35 AM
#3
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

The growth of bitcoin and increase in the price is due to the markets that are facing growth. You make it clear of your question
whether asking What the F**k going on or what the fast bitcoin going on?
legendary
Activity: 3178
Merit: 1054
February 18, 2016, 01:03:02 AM
#2
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!

Every bit of news about bitcoin actually seem to have an effect to its value, the hospital computer hacker may even have an effect.. just read the threads in this section and you'll see some that mentions why a sudden move of price.
Also check the popular blogs like coindesk and the rest.
newbie
Activity: 11
Merit: 0
February 18, 2016, 12:58:59 AM
#1
Someone informed, inform me. Please. As of February 18 2016, what at this current moment is driving the bitcoin value, if anyone has any ideas. Next climb? Support level?!
Pages:
Jump to: