Post
Topic
Board Speculation
Re: The current bitcoin price increase won't be a pump and dump. Do you agree?
by
Wapinter
on 08/01/2016, 09:33:13 UTC
Do you agree with Martin Tillier from Nasdaq, who wrote:

"This is an appreciation in bitcoin that is perfectly logical and is based on fundamental factors. That makes it far more likely that it will proceed in an orderly fashion and extremely unlikely that it will be followed by a sudden collapse."

Full article: http://www.nasdaq.com/article/this-time-bitcoins-price-increase-is-both-logical-and-sustainable-cm562649#ixzz3wcaSOTQB

I think the current price hike is due to many individuals buying bitcoin in small units.Pump is when some big players start buying in bulk to manipulate price and dump later to make profit.New entrants will not sell them early so I dont see any price fall in next 4 months