Quote from: Barbut on April 17, 2018, 08:24:13 PM

Quote from: Hell-raiser on April 17, 2018, 08:15:47 PM

Quote from: NikoF on April 13, 2018, 11:19:24 AM

What do you think about yesterdays pump? Bitcoin grew from 6750 to 8000$ in a few minutes. Thats incredible! Do you think it is a new pump and soon bitcoin will cost 20000$ again?

It is likely one person buying up a few bitcoins here and there. Now we don't see a continuation, so unless that person decides to buy again, we are likely to continue trading sideways all over again. Personally, I wouldn't be surprised if we went back to below 7k in the coming days. On the other hand, I have a feeling that the growth may be just around the corner as people have calmed down a little after the emotional roller coaster we've all been through during the first quarter of the year.

I don`t think that one person is responsible for any up or down trend of bitcoin. I read articles about some theories how one man is moving the market as he wish to, but I don`t buy it. There are to many people in the game at the moment, 1000 people can buy 0.001 btc and there is one bitcoin and what is 1000 people in the whole wide world?
People earn from bitcoin fluctuations, simply many of them are trying to buy at low and sell at high, but do you think everyone is earning? That demand and supply, is always changing thats why price is moving up or down, depending from people, do they invest more, or take profit from previous investments.

I think this happens not just by 1 person. you know that bitcoin users may already exceed 10 million users. from there make bitcoin marketcap very big. I'm not sure 1 user alone can give a big effect even make a pump. bitcoin is not as it past when to be easy to manipulate because users are still small. but now bitcoin is so popular this pump is certainly a natural thing of a user's growth and other factors.