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Topic: $486 WOT the hell is going on???????? (Read 7841 times)

greatr
sr. member
Activity: 447
Merit: 250
$486 WOT the hell is going on????????
August 17, 2016, 07:42:27 AM
#123
Quote from: anthonydar on August 14, 2016, 01:58:23 AM
Quote from: twerdefnce on August 12, 2016, 04:01:15 PM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.
thats true, more and more companies get into bitcoins right now and it definitely makes bitcoin an even bigger currency, i hope it will continue like that
BitAurum
sr. member
Activity: 318
Merit: 250
Re: $486 WOT the hell is going on????????
August 17, 2016, 05:20:34 AM
#122
Why was this threaded bumped to the top of the Speculation section and why is it remaining on the first page?
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
August 17, 2016, 03:29:11 AM
#121
Quote from: Kolder on August 16, 2016, 11:37:37 AM
Quote from: anthonydar on August 14, 2016, 01:58:23 AM
Quote from: twerdefnce on August 12, 2016, 04:01:15 PM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.

There might not be true. Other coins are developing fast, for example, the Ethereum can do smart contract and trasnaciton is very fast. If the bitcoin does not catch up, it will not be used.

That is my concern as well. For the time being, I have some investment in digital coin, mostly in Bitcoin. I might have to divest.
Kolder
hero member
Activity: 896
Merit: 500
Re: $486 WOT the hell is going on????????
August 16, 2016, 11:37:37 AM
#120
Quote from: anthonydar on August 14, 2016, 01:58:23 AM
Quote from: twerdefnce on August 12, 2016, 04:01:15 PM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.

There might not be true. Other coins are developing fast, for example, the Ethereum can do smart contract and trasnaciton is very fast. If the bitcoin does not catch up, it will not be used.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
August 14, 2016, 01:58:23 AM
#119
Quote from: twerdefnce on August 12, 2016, 04:01:15 PM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.
twerdefnce
full member
Activity: 154
Merit: 100
24kCasino- 200% Welcome Bonus
Re: $486 WOT the hell is going on????????
August 12, 2016, 04:01:15 PM
#118
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only
wikenpp
hero member
Activity: 672
Merit: 500
Re: $486 WOT the hell is going on????????
August 12, 2016, 02:56:26 PM
#117
Quote from: anthonydar on August 12, 2016, 05:40:25 AM
Quote from: ASHLIUSZ on August 10, 2016, 06:08:35 AM
Quote from: anthonydar on August 10, 2016, 05:59:57 AM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.

The bitcoin price is consolidating around $590 at the moment. After a few more months of consolidation, the price could rise 50%.

What makes you think the price goes up with 50%?
This is stupid investment advice and no you are in no way to qualified to make such, as the most you can do is to state it as your personal opinion...
As for consolidation no the price is looking for a new resisting point that can be over or lower the current price point.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
August 12, 2016, 05:40:25 AM
#116
Quote from: ASHLIUSZ on August 10, 2016, 06:08:35 AM
Quote from: anthonydar on August 10, 2016, 05:59:57 AM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.

The bitcoin price is consolidating around $590 at the moment. After a few more months of consolidation, the price could rise 50%.
ASHLIUSZ
hero member
Activity: 994
Merit: 502
Re: $486 WOT the hell is going on????????
August 10, 2016, 06:08:35 AM
#115
Quote from: anthonydar on August 10, 2016, 05:59:57 AM
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
August 10, 2016, 05:59:57 AM
#114
Quote from: Russlenat on August 07, 2016, 07:58:24 AM
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
Russlenat
hero member
Activity: 2716
Merit: 904
Re: $486 WOT the hell is going on????????
August 07, 2016, 07:58:24 AM
#113
Quote from: anthonydar on August 05, 2016, 09:46:04 AM
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
August 05, 2016, 09:46:04 AM
#112
Quote from: lister storm on August 02, 2016, 04:42:50 PM
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.
lister storm
hero member
Activity: 770
Merit: 500
Re: $486 WOT the hell is going on????????
August 02, 2016, 04:42:50 PM
#111
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices
Superbitzz
full member
Activity: 196
Merit: 100
Re: $486 WOT the hell is going on????????
August 02, 2016, 02:51:50 PM
#110
Quote from: Kolder on June 21, 2016, 11:23:58 AM
Quote from: anthonydar on June 16, 2016, 03:37:46 AM
Quote from: ?? on ??
Quote from: Kolder on June 07, 2016, 12:28:35 PM
Quote from: Russlenat on June 02, 2016, 04:02:14 AM
Quote from: CoinsRoyal on May 11, 2016, 04:25:27 AM
Quote from: KennyR on April 07, 2016, 08:32:24 AM
Quote from: LMGTFY on April 07, 2016, 04:35:32 AM
Quote from: panju1 on April 07, 2016, 04:29:50 AM
Quote from: LMGTFY on April 07, 2016, 04:24:58 AM
Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.
yes that is a fact and there is no doubt about this but the problems is that where will the present down fall stop, at what stage the people start buying again. by the way my personal view is that the present price of bitcoin is ok to buy it. because i do no think that the price of bitcoin will ever go lower than 550$, therefore it is a good opportunity to buy bitcoin in the present position.
Kolder
hero member
Activity: 896
Merit: 500
Re: $486 WOT the hell is going on????????
August 02, 2016, 11:09:28 AM
#109
Quote from: anthonydar on July 23, 2016, 11:49:04 AM
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.

The bitcoin market cap is just $10 billion at the moment, it is smaller than most companies, it is easy to manipulate.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
July 23, 2016, 11:49:04 AM
#108
Quote from: Kolder on July 19, 2016, 11:17:10 AM
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
Kolder
hero member
Activity: 896
Merit: 500
Re: $486 WOT the hell is going on????????
July 19, 2016, 11:17:10 AM
#107
Quote from: ?? on ??

Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
June 22, 2016, 02:48:44 PM
#106
Quote from: Kolder on June 21, 2016, 11:23:58 AM
Quote from: anthonydar on June 16, 2016, 03:37:46 AM
Quote from: ?? on ??
Quote from: Kolder on June 07, 2016, 12:28:35 PM
Quote from: Russlenat on June 02, 2016, 04:02:14 AM
Quote from: CoinsRoyal on May 11, 2016, 04:25:27 AM
Quote from: KennyR on April 07, 2016, 08:32:24 AM
Quote from: LMGTFY on April 07, 2016, 04:35:32 AM
Quote from: panju1 on April 07, 2016, 04:29:50 AM
Quote from: LMGTFY on April 07, 2016, 04:24:58 AM
Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.

There is such a possibility. I think the resent price rose too quickly. It needs some consolidation like it did 6 months ago.
Kolder
hero member
Activity: 896
Merit: 500
Re: $486 WOT the hell is going on????????
June 21, 2016, 11:23:58 AM
#105
Quote from: anthonydar on June 16, 2016, 03:37:46 AM
Quote from: ?? on ??
Quote from: Kolder on June 07, 2016, 12:28:35 PM
Quote from: Russlenat on June 02, 2016, 04:02:14 AM
Quote from: CoinsRoyal on May 11, 2016, 04:25:27 AM
Quote from: KennyR on April 07, 2016, 08:32:24 AM
Quote from: LMGTFY on April 07, 2016, 04:35:32 AM
Quote from: panju1 on April 07, 2016, 04:29:50 AM
Quote from: LMGTFY on April 07, 2016, 04:24:58 AM
Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.
anthonydar
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
Re: $486 WOT the hell is going on????????
June 16, 2016, 03:37:46 AM
#104
Quote from: ?? on ??
Quote from: Kolder on June 07, 2016, 12:28:35 PM
Quote from: Russlenat on June 02, 2016, 04:02:14 AM
Quote from: CoinsRoyal on May 11, 2016, 04:25:27 AM
Quote from: KennyR on April 07, 2016, 08:32:24 AM
Quote from: LMGTFY on April 07, 2016, 04:35:32 AM
Quote from: panju1 on April 07, 2016, 04:29:50 AM
Quote from: LMGTFY on April 07, 2016, 04:24:58 AM
Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.
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