Bitcoin Jumps 5% After 1st Consensus Speaker? [Bitcoin][cryptocurrency][blockchain]
Consensus New York 2018
Bitcoin did in fact jump up about 5% in price this morning. Many will say it is just a coincidence and has nothing to do with the Blockchain conference going on in New York this week. In recent news, many analyst have claimed that the Consensus Conference actually influences the price of Bitcoin, especially after the conference is over. Others claim that there is no price correlation to the Consensus Conference, and some have even stated that this is a ploy by the whales who will sell Bitcoin down after the conference.
Well, there might be something to the Bitcoin price and the Consensus Conference. The conference started bright and early this morning with a 7am breakfast and registration in New York City. At 8:30 am the conference began with an opening speech by the host and at 9:00 am the first guest speaker began his talk.
Coincidentally or not, it was around this same time that the price of Bitcoin began to rise. The Bitcoin price was around $8,350 early this morning. At around 9am New York City time, the price of Bitcoin jumped by 5% and currently sits at about $8,750. Hopefully as the Consensus Conference continues and the speakers continue to inspire the cryptocurrency world, the price of crypto's goes back to December '17 and January '18 prices.
Or do you think it had more to do with the Winklevoss' Gemini Exchange adding Bitcoin Cash, Litecoin and Zcash to their exchange that affected the Bitcoin price?
Full Steem Ahead
@streetstyle
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I enjoyed Ned speaking a lot.
And the whole situation on the crypto market is looking very good!
I saw the change In the price of SBD as well, and that was how I knew that bitcoin was on the rise again well if its not a coincidence I hope it can still get to maybe 9k plus before tommorow
There was something in the air already the last days, I think there came out some good news at the conference.
I not believe in coincidences, there is always and for everything a cause and an effect. Coincidence is a word for everything we cannot see the cause and the effect.
Best regards
Tom
So far from what I have seen, I like what RSK Smart Bitcoin contracts is doing, so this could help.
Great news and as already announced that the information background always affects traders, if the news is good, then the prices are rising! Thank you @streetstyle
Well. The Consensus continues for 2 more days. Another 5% by tomorrow and another 5% jump would confirm it for me.
BTC was also on an up trend before the sudden correction. I'm assuming it will continue to rise!
If there are discussions about the advantages of Bitcoin, then the price should rise. Thanks for the information.
really bitcoin did in fact jump up about 5% in price this morning?
very informative post....bitcoin is very powerful...thanks for sharing it with us
Now, for sure, probably no one will say whether this is a coincidence or not. But I would like that the price would increase as in December 2017 :)
I see SBD price changes as well, and that's how I know that bitcoin increases again @streetstyle