[Cryptocurrency] Bitcoin up 15% in four days

I'm bored and making a "filler" post for discussion.

What are your thoughts on Bitcoin's uncharacteristic rise over the past few days? Other than "it's about f---ing time", do you think this will continue slowly but surely for a while?

Will we be back to $300 in a few weeks? Or is this the small false bull run that will precede a dip down to $150?


Comments


[12 Points] concernedad420:

Nigga I'd ratha be rich than famous


[5 Points] None:

Like every single post remotely like this one ... there is a chance it will go up, there is a chance it will go down. The views on whether BTC will rise or fall for 99% of individuals that see this post are no better than a coinflip.

The other 1% wouldn't bother to comment.


[1 Points] k9atemybuds:

If it pushes forward some more it might reach higher like 300 but if it doesn't move strong enough it might correct down to the current floor around 210-220. Hope it keeps going for sure.


[3 Points] 70percentcocoa:

This might seem a silly question....

Does the price of btc affect the real value of goods sold online? Surely the prices are reflecting another value?


[2 Points] DNMd:

going back down to 200-220 I'd say, drop on sun night/mon. Looks hopeful though


[2 Points] AdrianBeatyoursons:

make sure to take profit at the first chance you get so you can have a few more dollars in fiat..Bitcoin was created to line your pockets with fiat..sole reason


[1 Points] None:

Good. I bought £200 btc 2 weeks ago. It's in my favour


[1 Points] throwaway:

Whales can manipulate BTC/USD at will for their own profit, making attempts to predict its price rather difficult.


[1 Points] Bunteknete:

Down again. So what. It is still a deflating bubble that gets fresh air by miners


[-1 Points] Satoshi-:

Dip below 150$ for sure, feds have yet to dump all of DPR's coins.


[-10 Points] throwahooawayyfoe:

It's not really uncharacteristic at all if you zoom out on the chart far enough. Back in the $1k+ days, easy swings of $200 a day in either direction could happen. That's when millionaires were made. If only I had money of my own back then, I would have gotten rich too. I told so many people what to do with their money and I made some of them hundreds of thousands of dollars, but I never saw a dime of my own out of it. I called altcoins left and right at the flip of a wrist and made people thousands on a call. God I wish I had had my own money back then.