Quote from: jt byte on January 06, 2016, 06:39:32 PM

Quote from: sishendaoye on January 05, 2016, 09:35:56 PM

Quote from: Kalder on January 05, 2016, 09:00:27 PM

Quote from: newcoins1978 on January 04, 2016, 10:16:18 PM

Quote from: Jeraerid on January 04, 2016, 09:27:38 PM

The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.

Na I don't think so. The time of big whales running the show is long gone. Today you need at least 10-15 big whales to shake up the price.
So it's not 1 person deciding to play around with bitcoin anymore.

I am sure some companies like hashnest and bitpay are big enough to manipulate the price.
The amount of bitcoins they have can really cause the market to crash easily to 100 USD or even less.

Having that in mind, they are probably the same parties whom benefitted the most of this current increase.

No way China rules market,hashnet and bitpay have nothing to say in that case,there is constant buy demand,little by little,but real test is 520$ level