Topic: $486 WOT the hell is going on???????? - page 2. (Read 7860 times)

Quote from: CoinsRoyal on May 11, 2016, 04:25:27 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.

Russlenat

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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.

CoinsRoyal

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Quote from: Russlenat on May 10, 2016, 04:32:21 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.

Cyaren

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We need another event like that to happen. Perhaps one major exchange will increase the ease of funding, perhaps.

Or more awareness of bitcoin in the general public. Most of the people don't even know that BTC exists.

Kolder

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Quote from: Kolder on April 27, 2016, 02:47:09 AM

Quote from: Pab on April 26, 2016, 02:02:23 PM

Quote from: veryscared on November 04, 2015, 08:09:23 AM

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?

What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

We only have 5 days to the middle of May. It seems the price is still stuck at the $460. It will not be over $500.

The $500 price is for the reach in June or early July. If the price rises too fast, it will also drop very fast.

Russlenat

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Quote from: Kolder on April 27, 2016, 02:47:09 AM

Quote from: Pab on April 26, 2016, 02:02:23 PM

Quote from: veryscared on November 04, 2015, 08:09:23 AM

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?

What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

We only have 5 days to the middle of May. It seems the price is still stuck at the $460. It will not be over $500.

Kolder

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Quote from: Pab on April 26, 2016, 02:02:23 PM

Quote from: veryscared on November 04, 2015, 08:09:23 AM

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?

What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

Pab

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Quote from: veryscared on November 04, 2015, 08:09:23 AM

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?

What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

randy8777

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Quote from: Russlenat on April 26, 2016, 07:26:52 AM

Quote from: Yakamoto on April 14, 2016, 06:57:34 PM

Quote from: luciann on April 14, 2016, 06:36:30 PM

Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.

I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.

That prediction could be true. The bitcoin price is $469 now, it is just $6 away from the $475 predicted.

could? i am fairly sure that we'll hit that price before the end of this week. a tiny bump from a whale brings us there within a second.

n0ne

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This is a long back thread created during the end of last December when bitcoin moved towards $486. Now it has suited well for the recent days increase in price which is soon gonna touch $500.

Russlenat

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Quote from: Yakamoto on April 14, 2016, 06:57:34 PM

Quote from: luciann on April 14, 2016, 06:36:30 PM

Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.

I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.

That prediction could be true. The bitcoin price is $469 now, it is just $6 away from the $475 predicted.

Yakamoto

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Quote from: luciann on April 14, 2016, 06:36:30 PM

Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.

I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.

luciann

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Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.

Lionidas

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Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

I forgot that the price was ever this high only 5 months ago. Thinking it was around $250 at most around that time. How the times change so quickly in the bitcoin world. Just can't believe it was higher than what it is now at that time. So that does make the outlook of $500 soon so much more possible now since it was that close only half a year ago.

Kolder

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Quote from: Sandroxa on April 12, 2016, 02:13:17 AM

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Sandroxa

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Activity: 350

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The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

Vaskiy

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Quote from: BitsandBites on April 11, 2016, 10:05:57 AM

The price is going up slowly but surely. I am sure that we are going to hit $500 any time soon. I hope that it will go higher so we can make more money. We will have to wait and see what is going to happen.

yeah for sure the price had increased compared to last week, don't get scared and bored of slow increase, we are going to meet a high price rice during halving. don't be upset wait for few more days you can earn more money.

BitsandBites

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The price is going up slowly but surely. I predict that the price is going to hit $500 any time soon. I hope that it will reach higher so people can make more money. But it will be harder for people that want top buy coins.

BitsandBites

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The price is going up slowly but surely. I am sure that we are going to hit $500 any time soon. I hope that it will go higher so we can make more money. We will have to wait and see what is going to happen.

LMGTFY

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Quote from: panju1 on April 09, 2016, 03:53:14 AM