Quote from: J. Cooper on June 30, 2018, 08:54:09 AM

Do you guys think there is a correlation between the sudden pump above $6K and the miners? Since some people claim that bitcoin at this moment costs $6k to produce. Therefore miners could be pumping up the price to be in profit again.

Hmm. Maybe another conspiracy theory IMHO. I don't think that miners would pump bitcoin just to gain profit. I'm pretty sure that most of them have profited a lot since they started and it doesn't makes sense at least for me, if they will do such acts.

Quote from: michellee on July 02, 2018, 10:44:06 AM

in this situation, I hope that bitcoin is not down under 6k because the price is not going to down too far or increase too high and it stays in the price now. and maybe we can see that bitcoin price can increase higher in this week and in the next week. many people still wait for the bitcoin price to increase again so they can sell the bitcoin in the highest price. but there are many people also wait for the price to go down so they can buy more bitcoin. I think let we see what will happen later.

Good news is that bitcoin has somewhat stablizes above $6000 which mean that we might not see another bottom. I think this July might bring us some new light to say the least and bitcoin will not have to suffer another bottom as most have exited and only the strong hands did stay and just waiting for that elusive bullrun that we all have been waiting.