Sudden spike! What was that?

[Followlix]

Well, some of you who have their price alerts on might have seen this.

From $7,084 USD to $7,775 USD in just three hours.

What was that about?

Did some news that I've missed did this?

 

[Nubian Content]

Are you new to crypto?

 

[KingBoris]

Crypto been bouncing like that since 2015 bro

 

[Followlix]

Are you new to crypto?

Crypto been bouncing like that since 2015 bro

So much not needed sarcasm here.

A 10% increase in the spawn of three hours is not as common, no matter how volatile cryptocurrencies are.

So, I was curious if some news influenced this, because I couldn't find any.

 

[IG Professor]

It's pumped from 5K to 20k in 2017. in a 3-4 days. this one is is also interesting
tnx for info

 

[Followlix]

It's pumped from 5K to 20k in 2017. in a 3-4 days. this one is is also interesting
tnx for info

The 2017 price increase was caused because of the media's attention.

That's why I'm curious about this 10% increase in three hours, couldn't have happened out of nowhere, it never does.

 

[Nubian Content]

So much not needed sarcasm here.

A 10% increase in the spawn of three hours is not as common, no matter how volatile cryptocurrencies are.

Sorry ,I truly did not mean to be sarcastic. This kinda pumps have been happening a lot. In fact, its happened a couple times recently, just after the pandemic escalated.

 

[jstover77]

There's definitely been an uptick in buying the last week or so. I just read that Coinbase.com said there has been a ton of buys in the $1200 range..lol. Dem stimulus checks..

 

[Followlix]

There's definitely been an uptick in buying the last week or so. I just read that Coinbase.com said there has been a ton of buys in the $1200 range..lol. Dem stimulus checks..

Well it feels like a smart decision to get some bitcoin or any other form of currency now and keep for later.

Maybe Ripple will see a great increase soon.

Where is Coinbase posting these stats?

You need to search that in google.

Best 1st post on this forum.

 

[Wilcoo1]

You need to search that in google.

Great input, thanks.

 

[SocialEyez]

You need to search that in google.

Its was so burning in you that you opened an account to say that? (yes its hes first post)

 

[jstover77]

You need to search that in google.

I mean, he's not wrong..haha.

 

[Mr Positive]

That’s not a spike mate it’s normal

 

[joeybb]

Like many have said, crypto is volatile, look at some historical charts. We break 10k within a month, ill start paying some interest. The bears really made this coin dip

 

[jasonforrest]

3rd BTC halving coming up, people will be FOMO'ing i guess
the whole bitcoin inflation rate will cut in half, sorta big deal

 

[tb303]

I just read that Coinbase.com said there has been a ton of buys in the $1200 range..lol. Dem stimulus checks..

That tweet from Brian Armstong was 7 days ago. Does it take 7 days to cash a stimulus check in the US? Genuinely curious as thats funny as hell if it lines up.

Where is Coinbase posting these stats?

https://twitter.com/brian_armstrong/status/1250907110730170370?s=20

 

[SpawneR]

Lol, where have I been, it dropped to 7k lol...

 

[Salamouna]

Don't worry it's just me
because i bought all the sell orders on that time

 

[Glenn.Quagmire]

couldn't have happened out of nowhere, it never does.

sometimes it does.

 

[ChrisssCross]

This whole thing with the cryptocurrency volatility is pretty fun - something happens, no one knows what exactly, but no one cares why