7/11 - The Day Bitcoin Prices Will Rocket, or Start of a Crash

Monnt

legendary

Activity: 938

Merit: 1002

I think prices will dip, then shoot up 60-80%.

Quote from: fvs114 on May 06, 2016, 08:16:47 AM

Quote from: Jet Cash on May 06, 2016, 07:44:31 AM

The EU is probably going to withdraw 500 Euro notes. Will this mean that the Euro will increase in value? I think not.

I think numismatic value of Uncirculated (UNC) €500 notes will increase up to 2x Wink

, but after deadline which is at end of 2018.

Banks will give people a grace period to cash in their notes, after which it won't be possible, and will turn to either a collector's item or worthless paper.

fvs114

full member

Activity: 170

Merit: 100

Quote from: Jet Cash on May 06, 2016, 07:44:31 AM

The EU is probably going to withdraw 500 Euro notes. Will this mean that the Euro will increase in value? I think not.

I think numismatic value of Uncirculated (UNC) €500 notes will increase up to 2x Wink

, but after deadline which is at end of 2018.

Rubberduckie

legendary

Activity: 1442

Merit: 1000

we were at 300 for a long time. I think people are buying
now ahead of the news. thats why its up around 450

I am hoping it gets near 600 which would be doubling ahead of halving.

who knows but it should be fun...

Jet Cash

legendary

Activity: 2688

Merit: 2444

https://JetCash.com

The EU is probably going to withdraw 500 Euro notes. Will this mean that the Euro will increase in value? I think not.

OmegaStarScream

staff

Activity: 3472

Merit: 6129

Quote from: Lauda on May 06, 2016, 06:39:22 AM

Quote from: mki8 on May 06, 2016, 06:08:35 AM

why do people start these pointless idiotic topics ?

I was just about to ask the same question.

OP firstly move your thread to the speculation section. This is just another thread linking to another articles which just throws out random possibilities. If one spends enough time in the speculation section, I'm sure that they would hear every prediction ranging from $0 to the $moon for the halving.

Quote from: justspare on May 06, 2016, 06:11:11 AM

I have a strong feeling that Bitcoin halving will be a huge boom for Bitcoin.

Pure (pointless) optimism.

Quote from: justspare on May 06, 2016, 06:11:11 AM

It is doing so well and it would be really weird if it just suddenly crashed.

No, it would not be weird.

Quote from: OmegaStarScream on May 06, 2016, 05:37:23 AM

I'm not sure I understand what do you mean honestly Shocked

"It took place" ? we are in the 400-450$ since months now .

The price was around ~230$ in September, now it is ~450$. That was what he meant with 'took place'.

that's like 10 months (from next july to previous september) and I'm more then sure it has nothing to do with the halving . Most of bitcoiners I know (on other forums) don't know anything about this halving so I doubt the price doubling is related to increase in demand because of halving .

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: OmegaStarScream on May 06, 2016, 05:37:23 AM

Quote from: AGD on May 06, 2016, 05:28:03 AM

Price doubling already took place. Nothing to see here....

I'm not sure I understand what do you mean honestly Shocked

"It took place" ? we are in the 400-450$ since months now .

It has moved from about $200 to $400 now. I think people are holding waiting to see what happens when the halvening takes place. But will likely sell after July.

AGD

legendary

Activity: 2069

Merit: 1164

Keeper of the Private Key

Quote from: Lauda on May 06, 2016, 06:39:22 AM

Quote from: mki8 on May 06, 2016, 06:08:35 AM

why do people start these pointless idiotic topics ?

I was just about to ask the same question.

OP firstly move your thread to the speculation section. This is just another thread linking to another articles which just throws out random possibilities. If one spends enough time in the speculation section, I'm sure that they would hear every prediction ranging from $0 to the $moon for the halving.

Quote from: justspare on May 06, 2016, 06:11:11 AM

I have a strong feeling that Bitcoin halving will be a huge boom for Bitcoin.

Pure (pointless) optimism.

Quote from: justspare on May 06, 2016, 06:11:11 AM

It is doing so well and it would be really weird if it just suddenly crashed.

No, it would not be weird.

Quote from: OmegaStarScream on May 06, 2016, 05:37:23 AM

I'm not sure I understand what do you mean honestly Shocked

"It took place" ? we are in the 400-450$ since months now .

The price was around ~230$ in September, now it is ~450$. That was what he meant with 'took place'.

Thx Lauda.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: mki8 on May 06, 2016, 06:08:35 AM

why do people start these pointless idiotic topics ?

I was just about to ask the same question.

OP firstly move your thread to the speculation section. This is just another thread linking to another articles which just throws out random possibilities. If one spends enough time in the speculation section, I'm sure that they would hear every prediction ranging from $0 to the $moon for the halving.

Quote from: justspare on May 06, 2016, 06:11:11 AM

I have a strong feeling that Bitcoin halving will be a huge boom for Bitcoin.

Pure (pointless) optimism.

Quote from: justspare on May 06, 2016, 06:11:11 AM

It is doing so well and it would be really weird if it just suddenly crashed.

No, it would not be weird.

Quote from: OmegaStarScream on May 06, 2016, 05:37:23 AM

I'm not sure I understand what do you mean honestly Shocked

"It took place" ? we are in the 400-450$ since months now .

The price was around ~230$ in September, now it is ~450$. That was what he meant with 'took place'.

justspare

hero member

Activity: 1022

Merit: 538

Quote from: OmegaStarScream on May 06, 2016, 05:27:12 AM

Is less actually more? Will halving be a boon to Bitcoin or an absolute curse that will lead to a spectacular crash?

Money needs to be printed to be used, it has to be brought into circulation. Whether it is paper based or virtual, someone has to decide how much of it is going to be brought to life and when.

See da full thing : http://cointelegraph.com/news/711-the-day-bitcoin-prices-will-rocket-or-start-of-a-crash

I have a strong feeling that Bitcoin halving will be a huge boom for Bitcoin. It is doing so well and it would be really weird if it just suddenly crashed.

mki8

member

Activity: 98

Merit: 10

why do people start these pointless idiotic topics ?

when they obviously have not done any research at all

DimensionZ

sr. member

Activity: 350

Merit: 250

Shit, did I leave the stove on?

I think the last projection from this article sounds plausible and the price will be adjusted because of the supply and demand principle. There will be less coins printed and people would be reluctant to sell their old coins waiting for the price to increase so all these factors will lead to a bigger demand and smaller supply and the price will increase subsequently.

OmegaStarScream

staff

Activity: 3472

Merit: 6129

Quote from: AGD on May 06, 2016, 05:28:03 AM

Price doubling already took place. Nothing to see here....

I'm not sure I understand what do you mean honestly Shocked

"It took place" ? we are in the 400-450$ since months now .

freshman777

sr. member

Activity: 406

Merit: 250

Nothing dramatic will probably happen to the price on that date or month or this year.
Most of traded volume already comes from old mined coins not from new miners rewards. The effect of slightly diminished (relative to total trading volume) new supply will be insignificant and will be canceled out by worries of the network centralization insecurity when marginally profitable miners will be squeezed from the market leaving 3 major mining pools in charge of 9/10 of the hashrate. I expect the price to be $500 +/- 50 to the end of the year.

AGD

legendary

Activity: 2069

Merit: 1164

Keeper of the Private Key

Price doubling already took place. Nothing to see here....

OmegaStarScream

staff

Activity: 3472

Merit: 6129

Is less actually more? Will halving be a boon to Bitcoin or an absolute curse that will lead to a spectacular crash?

Money needs to be printed to be used, it has to be brought into circulation. Whether it is paper based or virtual, someone has to decide how much of it is going to be brought to life and when.

See da full thing : http://cointelegraph.com/news/711-the-day-bitcoin-prices-will-rocket-or-start-of-a-crash

Topic: 7/11 - The Day Bitcoin Prices Will Rocket, or Start of a Crash (Read 660 times)