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Auponef

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Quote from: takingthis4 on July 12, 2016, 07:50:08 AM

Quote from: ronaldo40 on July 12, 2016, 03:35:56 AM

what's up with those people who hold for halving? whether they have to sell their bitcoin? or still hold? because there is no change in price after halving. and a big dump will happen when all those who hold before halving will sell all their bitcoin now or the next few weeks.

well people are actually holding their bitcoins in order to make big profit in the future when the price grows, i also did that though unfortunately the price did not go up

There is no need to worry about. As long as the bitcoin is developed properly, the price will rise eventually.

takingthis4

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Quote from: ronaldo40 on July 12, 2016, 03:35:56 AM

what's up with those people who hold for halving? whether they have to sell their bitcoin? or still hold? because there is no change in price after halving. and a big dump will happen when all those who hold before halving will sell all their bitcoin now or the next few weeks.

well people are actually holding their bitcoins in order to make big profit in the future when the price grows, i also did that though unfortunately the price did not go up

bitdumper

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One world One currency, Bitcoin.

yes i can see some change in price but i still say it is in stable range not very up or down. and i can also see miners are doing some effort which they where doing before halving so its kind of confusing to me because according to bitcoin system their profits are cut into half(this time it became 16.66Btc per block something) but they are doing it Shocked

HarryKPeters

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Quote from: craked5 on July 12, 2016, 06:37:23 AM

Bah!

I'm happy I didn't short the halving, it was really close.
This dump wasn't really massive, just 5% of drop isn't much let's be honest.

I don't see the dump as a real damaging dump, prety soon after it the market regrouped and we were at the same price.
At this moment we have to wait to see it is followed up.

craked5

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Bah!

I'm happy I didn't short the halving, it was really close.
This dump wasn't really massive, just 5% of drop isn't much let's be honest.

mobilestrike

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Quote from: ABCbits on July 07, 2016, 12:51:36 AM

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

at that time the price dropped to even $580, but it once again rose, so it means that people have believe on its technology and have their money in bitcoin, and yes we can notice that people still use it for price increase.

Bokelka

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Quote from: 1Referee on July 12, 2016, 03:44:57 AM

Quote from: ronaldo40 on July 12, 2016, 03:35:56 AM

what's up with those people who hold for halving? whether they have to sell their bitcoin? or still hold? because there is no change in price after halving. and a big dump will happen when all those who hold before halving will sell all their bitcoin now or the next few weeks.

People that were holding their coins hoping for the price to increase a lot in the last days before the block halving will keep holding right now. They have no other option than doing so. Especially if they bought their coins somewhere around the current price level.

I think so. The price is volatile like always. But it will be higher in the future if there are more people using bitcoin.

1Referee

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Quote from: ronaldo40 on July 12, 2016, 03:35:56 AM

what's up with those people who hold for halving? whether they have to sell their bitcoin? or still hold? because there is no change in price after halving. and a big dump will happen when all those who hold before halving will sell all their bitcoin now or the next few weeks.

People that were holding their coins hoping for the price to increase a lot in the last days before the block halving will keep holding right now. They have no other option than doing so. Especially if they bought their coins somewhere around the current price level.

klaaas

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Quote from: mkc on July 12, 2016, 03:16:09 AM

Price is very calm around halving time, quite unexpected.
Looking forward, it may going lower.
All it left is a believing that Bitcoin is getting more hard to find.

I agree. The coming weeks will be interesting if we see a high/slow raise or slow fall.
For now i don't expect a quick dip. mostly because i tend to think the sell offs are nibbled away by people who want to buy-inn on the drops

ronaldo40

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what's up with those people who hold for halving? whether they have to sell their bitcoin? or still hold? because there is no change in price after halving. and a big dump will happen when all those who hold before halving will sell all their bitcoin now or the next few weeks.

senyorito123

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Quote from: outatime1 on July 11, 2016, 05:16:39 PM

The price increase for halving must have been built in already. We are seeing almost no price change today at all. It's hard to tell if it will break one way or the other or if we are just going to be stable for a while.

This current price will be the exact price for bitcoin to go stable and also i think this is the safezone since price is not really so much high unlike those past months price rally and its almost reached to 800$ and for this halving price result is still positive because price is still profitable and cannot be easilt dump so it will stable for quite long time thats for sure.

mkc

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Price is very calm around halving time, quite unexpected.
Looking forward, it may going lower.
All it left is a believing that Bitcoin is getting more hard to find.

pooya87

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Quote from: ASHLIUSZ on July 12, 2016, 01:46:31 AM

Quote from: bitlancr on July 11, 2016, 04:09:44 PM

Quote from: Auponef on July 11, 2016, 03:20:17 PM

Quote from: HyphyBTC on July 07, 2016, 12:54:47 AM

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.

The economic uncertainty from Brexit allowed Bitcoin to rebound after a minor dump, so i still believe that there can be price drops that wont affect the price much and attempts high again.

but the dumps have stopped long time ago and currently there is only stability in the market with so little fluctuations. so any dump at this point needs a bad news like some FUD or something that is big that can cause a dip then a big jump back up.

ASHLIUSZ

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Quote from: bitlancr on July 11, 2016, 04:09:44 PM

Quote from: Auponef on July 11, 2016, 03:20:17 PM

Quote from: HyphyBTC on July 07, 2016, 12:54:47 AM

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.

The economic uncertainty from Brexit allowed Bitcoin to rebound after a minor dump, so i still believe that there can be price drops that wont affect the price much and attempts high again.

outatime1

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The price increase for halving must have been built in already. We are seeing almost no price change today at all. It's hard to tell if it will break one way or the other or if we are just going to be stable for a while.

bitlancr

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Quote from: Auponef on July 11, 2016, 03:20:17 PM

Quote from: HyphyBTC on July 07, 2016, 12:54:47 AM

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.

greatr

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Quote from: ABCbits on July 07, 2016, 12:51:36 AM

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

the price is stable once again, just dont worry about it and everything will be fine, i think the price is soon going to be pushed back up and people will get all the money back

Auponef

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Quote from: HyphyBTC on July 07, 2016, 12:54:47 AM

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

CryptoBjorn

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Quote from: RubberBaronette on July 07, 2016, 02:10:47 AM

Quote from: CryptoBjorn on July 07, 2016, 02:05:39 AM

I don't understand though why any whale would dump now.

If you understood, the trick wouldn't work.

Looking at the price now some people are picking up their message, but looking at the outlook of now I for one will not be selling. Maybe you know more but it seems we can expect another dump this day. Bringing the price closer to 600.

posternat

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Quote from: CryptoBjorn on July 07, 2016, 02:05:39 AM

Quote from: ABCbits on July 07, 2016, 12:51:36 AM

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

I was there, watching it happen. The price is above 640 now so that's positive. I don't understand though why any whale would dump now.
Reserved psychology made me thing that they would rather wait for people to dump, buy chose cheap coins and start pumping bitcoin again.

The Price has started increasing again but now only 2 days left in halving. I wonder how it will manage to reach $1000 in just 2 days as people expecting price at $1000 at halving

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