Recent BTC Rise

Yeah. I'm not sure if it's about to plummet or go on another rise; however, I decided sell it off as soon as I get it.. Just in case

 

It has gone back up to ~450 dollars.

 

What makes BTC go up or down exactly? I'm a bit confused on how the BTC market works.

 

If we knew that, we wouldn't need jobs

Generally it's based on news. I don't know much about stocks so I can't really say with any certainty.

BTC is up to 442$ at the time of this post. It's ALREADY going back up maybe O.O?????

 

http://coinmarketcap.com/

This is what I use to keep up to date on % changes on BTC.

 

$461?? WHY

 

I'm enjoying the recent predictability in the btc market lately.

 

I wouldn't necessarily say predictability lol. Sure, it'll go up, peak for a bit then crash and stabilize for a couple days only to repeat; however, the values at both the peak and the stabilizing value are both unpredictable. It's insane to watch.

 

Haha I havent solved the btc market trend (I wish I could). What I meant, was that the btc market seems to be following a trend lately. It has been more predictable these past couple of weeks, which is a nice change. I don't know what the peak or trough will be, and I know the market can become unpredictable in a heartbeat, but for now it's been easier to manage.

 

Fair enough, I'll give you that much. Generally if you pay attention to the news and charts you can tell what direction it will go: up, down, or neither

 

I tried looking up where BTC comes from, and it honestly confused me. Like mining for BTC etc doesn't register with me.

 

Basically, it's like picking oranges by hand. You can only pick one at a time, so it is very very slow. I don't know exactly how it works, but you're able to collect them from scratch at a very slow rate.

 

I don't think mining is worth it unless you invest in a really good mining station/computer.

 

Why are they still @ $455 X_x

 

Lol I had like 20$ BTC that I got like 2 weeks ago, and it's 25$ now. didn't even know i made 5$

 

Imagine how I felt holding 4 coins lol xD Christmas came early this year.

 

I might just buy 1000$ worth of BTC and just hold onto it until i make decent profit. i'm always scared of a permanent crash though.

 

There won't be a permanent crash, but I would refrain from randomly buying BTC without knowing the market.

 

I don't know, it seems every time I decide on buying BTC and decide not to, it goes up, and I end up regretting it.

 

Murphy's Law: When you decide not to, it'll rocket; however, when you decide to purchase some, it'll crash.

Just seems to happen that way >.<