Quote from: Minecache on July 20, 2017, 01:24:54 PM

Quote from: brandeany on July 20, 2017, 01:14:21 PM

Quote from: Minecache on July 20, 2017, 01:08:12 PM

Quote from: brandeany on July 20, 2017, 12:56:17 PM

Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?

This needs explaining? Really?

i know 1st Aug event but curious what makes it pump RIGHT NOW, is there any good news published or good decision made for Bitcoin community?

We are less than half a day away from SegWit lock-in. The market is currently pricing in the change. To make some money you should buy now

This might be an ultimate bull trap

In other words, a mother of all bull traps. If tomorrow major mining pools (such as ViaBTC and Antpool) decide to revoke their signaling, we will likely see the biggest Bitcoin crash since the beginning of times both in terms of speed and value. So let's not get overly optimistic now before we actually get the lock-in. As it often happens with other markets (and I guess Bitcoin market is no exception here), such irrational exuberance, unjustified optimism, and elevated sentiment may in fact mean bad things right behind the corner. Let's hold back the euphoria and excitement at least till tomorrow