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Topic: After Weeks of Price Stagnation, BTC Price Seems to be Moving Up - page 2. (Read 1289 times)

hero member
Activity: 700
Merit: 501
people who waiting the price rising during bitcoin halving, sell his bitcoin because he disappointed with the stagnan price, then he just sell it, in this phase pumper keep buying bitcoin and make accumulation before pump, i think the rise of bitcoin price in this day is signal for all people to join pumper, so we can reach $700 again in this month then 800 next  month and reach $1000 at this year Wink

If your prediction will happen, many people who holds for a long time will be happy. @1000 dollar or more is the anticipated price,hope it will happen before this year ends Wink


people will love to hold bitcoin if he see the chart of the 1st block halving, im sure people will keep buying as much as possible, but some people still thinking bitcoin as short term investment, at this case people will panic if whales dump the rate and he will sell his bitcoin in any rate., without thinking lose
mkc
hero member
Activity: 517
Merit: 501
There is failed coup in Turkey, although it failed, it is quite amazing a large number of officers from Army/Navy got arrested. It is predicted more chaos next few days, asset like gold, bitcoin doing well in that environment.
hero member
Activity: 1414
Merit: 505
Backed.Finance
people who waiting the price rising during bitcoin halving, sell his bitcoin because he disappointed with the stagnan price, then he just sell it, in this phase pumper keep buying bitcoin and make accumulation before pump, i think the rise of bitcoin price in this day is signal for all people to join pumper, so we can reach $700 again in this month then 800 next  month and reach $1000 at this year Wink

If your prediction will happen, many people who holds for a long time will be happy. @1000 dollar or more is the anticipated price,hope it will happen before this year ends Wink
hero member
Activity: 700
Merit: 501
people who waiting the price rising during bitcoin halving, sell his bitcoin because he disappointed with the stagnan price, then he just sell it, in this phase pumper keep buying bitcoin and make accumulation before pump, i think the rise of bitcoin price in this day is signal for all people to join pumper, so we can reach $700 again in this month then 800 next  month and reach $1000 at this year Wink
sr. member
Activity: 292
Merit: 250
...

"The Halving" seemed to disappoint those who were looking for a higher price (myself included).  And BTC price stayed pretty locked at around $666 (hmm...?).  It looks like the halving was factored in by Bitcoinistan -- that is, it was so anticipated that the price moves took place BEFORE.

To my knowledge the $682 level we are at now is the first real move since the halving.  Now that we have several days "Post-Halving", perhaps that fundamental (lower BTC production) will assert itself.


Yes, a lot of people were disappointed when the halving day arrived. Because their mind was conditioned that the price will suddenly goes up right after the halving day but it didnt happened. The price remained stable but after weekend, the bitcoin value is  slowly rising with a 5% increase in just 1 day.
I am sure that this bitcoin price increase will remain for a week weeks until the transaction of bitcoins after halving was stabilized.
legendary
Activity: 3276
Merit: 1029
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It is only a 2% rise. Nothing to get excited over.

Indeed lol Smiley Hope that it will continue to rise. The most awaited halving price increase, will not happen overnight. Below is the current bitcoin price from @coindesk



That's right, a lot of people is waiting for this things, the bitcoin price will getting an increase for slowly and certainly.All of the bitcoin users have the same wish for that. Let's waiting about the next situation of bitcoin price.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
Given that we just had the halving, I think some (re: many) of the die-hard crypto fans are going to see any tiny price raise as a chance to buy.  We'll end up going up a decent bit (maybe 750-800), but it's going to be popped when the people that bought more than they could afford to prepare for the halving decide to cash out.

I'd place a buy to cash out at 700, but be careful not to get greedy or it could come back to bite.
sr. member
Activity: 552
Merit: 250
I think this will just be a small pump as there is no significant event happening. Maybe the investors came back after weekend and found out about the coup in Turkey (which is apparently over...)? No significant movement in China market.
sr. member
Activity: 268
Merit: 250
Time will only tell if this is some substantial rise or the usual fluctuation in price.
hero member
Activity: 1372
Merit: 647
Yes the price risen already before halving. And for the halving effect, we shall not be disappointed this time, since it's too early. It's been a week or so after halving and I think we won't experience it's effect instantly. Let's wait a few more months to feel it just like how it goes on halving last 2012.  Cool Needs more time.
legendary
Activity: 1134
Merit: 1598
This is because of the last events taking place around the world. There events are basically changing the world's stocks and prices. Bitcoin will always be affected by them, because now BTC is a currency for a lot of people. This is why we saw this slight move - it migbt stay now at this price for some days, and then it will go back to where it was two days ago. Again, like I always said: we will see the changes in time.
hero member
Activity: 1414
Merit: 505
Backed.Finance
It is only a 2% rise. Nothing to get excited over.

Indeed lol Smiley Hope that it will continue to rise. The most awaited halving price increase, will not happen overnight. Below is the current bitcoin price from @coindesk

legendary
Activity: 4466
Merit: 3391
It is only a 2% rise. Nothing to get excited over.
legendary
Activity: 1512
Merit: 1012
Despite price movements before the halving I found it quite odd that nobody took the advantage and the circumstance of the block reward decrease to manipulate the price further up. It wouldn't be the first time people moved the market up due to news and facts (or even rumors). Still, it's comprehensible why that happened, miners made timely sells "yesterday" so they can pay their bills "tomorrow"...
legendary
Activity: 2912
Merit: 1068
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Upcoming days will be crucial. We will see will the price will be rising or falling. At the moment it si moving slightly up but that doesn't have to mean anything, in sense that it will also continue to grow. I also expected a bigger price after halving but who knows how many different factors have influenced on it.
hero member
Activity: 1106
Merit: 521
i agree i was warning for weeks that the price had already been factored in and that there would be a decline shortly after, still waiting on that
member
Activity: 99
Merit: 10
Its great to see that the price is rising... Lets wait and see
legendary
Activity: 910
Merit: 1000
Wait a couple more months.  Then you'll see the real halving effect.
legendary
Activity: 1862
Merit: 1004
Don't be disappointed by halving. After all It is 'double the price magical event' mining is not working like that. Price will go higher for sure, but not right now.
Also many people forgetting that we have significant price rise just before halving. Price went up more than $100 in anticipation of halving and stayed that way.
staff
Activity: 3500
Merit: 6152
People should understand that miners pay electricity monthly and not daily probably also ... It's important to understand that when the halving happened , miners  had some supply from the 25 BTC  halving rewards .

So now , that supply is decreasing slowly with time and we should continue to see a price increase , without forgetting that HashRate increased since Bitcoin halving happened so I'm very optimistic personally and I don't think miners will shutdown (as some people was afraid this is going to happen)
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