$486 WOT the hell is going on???????? - page 3.

panju1

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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.

A straight indicator that markets are not efficient - substantial differences in prices across various bitcoin exchanges. We can see this decreasing only over a period of time.

KennyR

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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.

Lokfar

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It seems that the price is slowly but surely going up. For those that have Bitcoins this is a good thing because you can sell them soon. This is not the time to be being in my opinion.

LMGTFY

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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.

panju1

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Activity: 1246

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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.

LMGTFY

hero member

Activity: 644

Merit: 503

Quote from: Kolder on April 07, 2016, 04:14:56 AM

Quote from: LMGTFY on April 04, 2016, 11:07:31 AM

Quote from: maokoto on April 04, 2016, 09:14:01 AM

I know bitcoin is not a stock and all that. But with other assets, when there is a well known event that might affect price, price is already affected many months before the event comes. Halving is near enough to be reflected in price, but it does not seem to be affected it yet. That is somewhat strange.

I see last year's rise - after an extended period at $200-$300 - as part of the second halving being "priced in".

That was about one year away. I think the market will not respond to the halving so early. That was just the rise due to adoption.

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?

What makes you say the November rise was "just" due to adoption (or have I misunderstood you)? I certainly think adoption played its part (along with the relaxation of its then-latest "ban" on BTC by the PBoC) but I don't see that as mutually exclusive.

Kolder

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Quote from: LMGTFY on April 04, 2016, 11:07:31 AM

Quote from: maokoto on April 04, 2016, 09:14:01 AM

I know bitcoin is not a stock and all that. But with other assets, when there is a well known event that might affect price, price is already affected many months before the event comes. Halving is near enough to be reflected in price, but it does not seem to be affected it yet. That is somewhat strange.

I see last year's rise - after an extended period at $200-$300 - as part of the second halving being "priced in".

That was about one year away. I think the market will not respond to the halving so early. That was just the rise due to adoption.

LMGTFY

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Quote from: maokoto on April 04, 2016, 09:14:01 AM

I know bitcoin is not a stock and all that. But with other assets, when there is a well known event that might affect price, price is already affected many months before the event comes. Halving is near enough to be reflected in price, but it does not seem to be affected it yet. That is somewhat strange.

I see last year's rise - after an extended period at $200-$300 - as part of the second halving being "priced in".

maokoto

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I know bitcoin is not a stock and all that. But with other assets, when there is a well known event that might affect price, price is already affected many months before the event comes. Halving is near enough to be reflected in price, but it does not seem to be affected it yet. That is somewhat strange.

TastyChillySauce00

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Quote from: Sandroxa on April 04, 2016, 09:04:07 AM

Quote from: Kolder on March 28, 2016, 02:25:22 AM

Quote from: GermanFoobla on March 17, 2016, 07:19:27 AM

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

If the price of bitcoin rises 30-50% a year, I am very happy. Too much pump and dump is bad for its usage.

It will be very nice if the value is going to rise in the future, and that can be very good for the people who already have some Bitcoin, so that is perfect for them.
But some people dont have either patience and that can be bad for them if they are selling too early.

selling too early didn't mean not patience because you don't know when you'll need a money for paying something,and bitcoin was created for become a cryptocurrency,buy-sell activites not for holding

Sandroxa

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Quote from: Kolder on March 28, 2016, 02:25:22 AM

Quote from: GermanFoobla on March 17, 2016, 07:19:27 AM

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

If the price of bitcoin rises 30-50% a year, I am very happy. Too much pump and dump is bad for its usage.

It will be very nice if the value is going to rise in the future, and that can be very good for the people who already have some Bitcoin, so that is perfect for them.
But some people dont have either patience and that can be bad for them if they are selling too early.

LMGTFY

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Activity: 644

Merit: 503

Quote from: anthonydar on April 04, 2016, 05:50:24 AM

Quote from: Kolder on March 28, 2016, 02:25:22 AM

Quote from: GermanFoobla on March 17, 2016, 07:19:27 AM

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

If the price of bitcoin rises 30-50% a year, I am very happy. Too much pump and dump is bad for its usage.

The stability of the bitcoin price will make it more useful to the business. A business will not keep bitcoin if the price changes 10% a day.

How has BTC volatility affected your business? (And why didn't you investigate the existence of tools to hedge against volatility, the same type of tools people use when transacting with multiple fiat currencies?)

anthonydar

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Quote from: Kolder on March 28, 2016, 02:25:22 AM

Quote from: GermanFoobla on March 17, 2016, 07:19:27 AM

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

If the price of bitcoin rises 30-50% a year, I am very happy. Too much pump and dump is bad for its usage.

The stability of the bitcoin price will make it more useful to the business. A business will not keep bitcoin if the price changes 10% a day.

Kolder

hero member

Activity: 896

Merit: 500

Quote from: GermanFoobla on March 17, 2016, 07:19:27 AM

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

If the price of bitcoin rises 30-50% a year, I am very happy. Too much pump and dump is bad for its usage.

GermanFoobla

sr. member

Activity: 322

Merit: 250

Its not that high now. Because the value is rising slowly and that is very good. And we just have to wait and see for what is going to happen.
So we need patience. And that is very important. The halving is also coming so I hope that it will more rise after that. But you never know....

OgNasty

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Quote from: iram66680 on March 16, 2016, 10:12:40 PM

Quote from: OgNasty on March 16, 2016, 08:46:46 PM

Quote from: iram66680 on March 16, 2016, 08:25:06 PM

Quote from: romero121 on March 16, 2016, 11:11:10 AM

Quote from: CryptoBjorn on March 16, 2016, 10:43:04 AM

Quote from: 7Priest7 on March 15, 2016, 01:45:21 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 ? ? ?

Yes i think it is because of china, when price of bitcoin is so high don't be suprised but be happy, you won't see thathigh price other days

Also price now is alot smaller, 453$ and i don't know why it droped, but i hope that it will rise again

It is a bit low indeed. But dont worry. It will rise soon and that will be very good. I hope that it will rise for a long time.
And we all know that the halving is also coming so that will be very good. But it can also be down but lets hope for not.

It will rise not because of halving, just of the backing technology which has provided bitcoin a natural growth with certain ups and downs in price at some predicted intervals.

I think it has proven that it does not need the halving to rise to this amount, it has been at a steady growth and has been at $416 and has not gone down for the last week. Has been going up on bitfinex to $433 tonight so it is on it's way there in the next month which is a few months before this halving.

Markets are predictive, not reactionary. It has gone up from $200 to $400 because people KNOW the halving is coming. If demand really does outstrip supply once the "buy the rumor, sell the news" crowd has liquidated for profit, things could get interesting.

Ah, so the rumor mill caused this double spike up in price since this time last year. Thought it was actually the fact of halving was going to have on bitcoin as a whole was being considered for it's increase when it does happen.
If more people want to buy without bitcoin available that would be Armageddon.

It is fact. Don't take my "rumor" comment as saying the block reward isn't halving. It is a wall street saying. It basically means when something positive it going to occur, you buy beforehand and cash in profits when the event occurs. However, it is very likely the Bitcoin price will continue to rise for many reasons.

iram66680

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Activity: 630

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Quote from: OgNasty on March 16, 2016, 08:46:46 PM

Quote from: iram66680 on March 16, 2016, 08:25:06 PM

Quote from: romero121 on March 16, 2016, 11:11:10 AM

Quote from: CryptoBjorn on March 16, 2016, 10:43:04 AM

Quote from: 7Priest7 on March 15, 2016, 01:45:21 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 ? ? ?

Yes i think it is because of china, when price of bitcoin is so high don't be suprised but be happy, you won't see thathigh price other days

Also price now is alot smaller, 453$ and i don't know why it droped, but i hope that it will rise again

It is a bit low indeed. But dont worry. It will rise soon and that will be very good. I hope that it will rise for a long time.
And we all know that the halving is also coming so that will be very good. But it can also be down but lets hope for not.

It will rise not because of halving, just of the backing technology which has provided bitcoin a natural growth with certain ups and downs in price at some predicted intervals.

I think it has proven that it does not need the halving to rise to this amount, it has been at a steady growth and has been at $416 and has not gone down for the last week. Has been going up on bitfinex to $433 tonight so it is on it's way there in the next month which is a few months before this halving.

Markets are predictive, not reactionary. It has gone up from $200 to $400 because people KNOW the halving is coming. If demand really does outstrip supply once the "buy the rumor, sell the news" crowd has liquidated for profit, things could get interesting.

Ah, so the rumor mill caused this double spike up in price since this time last year. Thought it was actually the fact of halving was going to have on bitcoin as a whole was being considered for it's increase when it does happen.
If more people want to buy without bitcoin available that would be Armageddon.

Iseecookies

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Any gauge of when halving will go down,speculating I know but would be interested to see what people think.
Like do I have to end of summer or before that time?

OgNasty

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Activity: 4760

Merit: 4323

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Quote from: iram66680 on March 16, 2016, 08:25:06 PM

Quote from: romero121 on March 16, 2016, 11:11:10 AM

Quote from: CryptoBjorn on March 16, 2016, 10:43:04 AM

Quote from: 7Priest7 on March 15, 2016, 01:45:21 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 ? ? ?

Yes i think it is because of china, when price of bitcoin is so high don't be suprised but be happy, you won't see thathigh price other days

Also price now is alot smaller, 453$ and i don't know why it droped, but i hope that it will rise again

It is a bit low indeed. But dont worry. It will rise soon and that will be very good. I hope that it will rise for a long time.
And we all know that the halving is also coming so that will be very good. But it can also be down but lets hope for not.

It will rise not because of halving, just of the backing technology which has provided bitcoin a natural growth with certain ups and downs in price at some predicted intervals.

I think it has proven that it does not need the halving to rise to this amount, it has been at a steady growth and has been at $416 and has not gone down for the last week. Has been going up on bitfinex to $433 tonight so it is on it's way there in the next month which is a few months before this halving.

Markets are predictive, not reactionary. It has gone up from $200 to $400 because people KNOW the halving is coming. If demand really does outstrip supply once the "buy the rumor, sell the news" crowd has liquidated for profit, things could get interesting.

iram66680

hero member

Activity: 630

Merit: 502

Quote from: romero121 on March 16, 2016, 11:11:10 AM

Quote from: CryptoBjorn on March 16, 2016, 10:43:04 AM

Quote from: 7Priest7 on March 15, 2016, 01:45:21 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 ? ? ?

Yes i think it is because of china, when price of bitcoin is so high don't be suprised but be happy, you won't see thathigh price other days

Also price now is alot smaller, 453$ and i don't know why it droped, but i hope that it will rise again

It is a bit low indeed. But dont worry. It will rise soon and that will be very good. I hope that it will rise for a long time.
And we all know that the halving is also coming so that will be very good. But it can also be down but lets hope for not.

It will rise not because of halving, just of the backing technology which has provided bitcoin a natural growth with certain ups and downs in price at some predicted intervals.

I think it has proven that it does not need the halving to rise to this amount, it has been at a steady growth and has been at $416 and has not gone down for the last week. Has been going up on bitfinex to $433 tonight so it is on it's way there in the next month which is a few months before this halving.

Topic: $486 WOT the hell is going on???????? - page 3. (Read 7860 times)