Author

Topic: Bitcoin at $475 on bitstamp!! (Read 2271 times)

legendary
Activity: 1148
Merit: 1000
June 03, 2016, 05:57:23 AM
#57
Thought I'd post this little heads-up in case some of you have not noticed, we're now at $552 on Bitstamp!! I've been monitoring the price for some time and it looks like we're climbing again. We've now reached the highest we've been in nearly 2 years  Smiley
legendary
Activity: 3122
Merit: 1398
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May 28, 2016, 12:20:45 PM
#56
I consider that this is only a quasi movement and wouldn't ride up will cause the highest market Bitcoin still experiencing static. And there is a possibility for next month price bitcoin is not more than $ 500, but it can be profitable when buying Bitcoin from months ago or a year ago.
Bitcoin value just hit $500 earlier and I was actually quite surprised because the value was nearly $50 lower yesteday and suddenly spiked to $500. I sure do hope so that it stabilizes at this point now.

Well unlike the last year saga to $500, today is different.

Last $500 saga, as the price reached $500 it doesn't stay there for even at least more hours due to lots of dumpers targeting a big profits. At today's $500, we really don't see any big dumpers as the price hits $500 earlier. Also higher value than that still the same.

Yes halving speculations really helps here. If the price will established it's support at $500 until the halving ETA, then I think we can see around $500 as new bottom once halving effect will prevail.

Well bad news are always there. Let's hope for the best.
sr. member
Activity: 256
Merit: 250
May 28, 2016, 11:44:44 AM
#55
I consider that this is only a quasi movement and wouldn't ride up will cause the highest market Bitcoin still experiencing static. And there is a possibility for next month price bitcoin is not more than $ 500, but it can be profitable when buying Bitcoin from months ago or a year ago.
Bitcoin value just hit $500 earlier and I was actually quite surprised because the value was nearly $50 lower yesteday and suddenly spiked to $500. I sure do hope so that it stabilizes at this point now.

I believe if we can hold onto 500 dollar, the coming year will be very interesting.
Maybe even a top at 600 before the halving or at the end of this year
legendary
Activity: 1176
Merit: 1024
May 28, 2016, 11:26:52 AM
#54
I consider that this is only a quasi movement and wouldn't ride up will cause the highest market Bitcoin still experiencing static. And there is a possibility for next month price bitcoin is not more than $ 500, but it can be profitable when buying Bitcoin from months ago or a year ago.
Bitcoin value just hit $500 earlier and I was actually quite surprised because the value was nearly $50 lower yesteday and suddenly spiked to $500. I sure do hope so that it stabilizes at this point now.
hero member
Activity: 756
Merit: 500
May 28, 2016, 09:35:21 AM
#53
I consider that this is only a quasi movement and wouldn't ride up will cause the highest market Bitcoin still experiencing static. And there is a possibility for next month price bitcoin is not more than $ 500, but it can be profitable when buying Bitcoin from months ago or a year ago.
legendary
Activity: 1400
Merit: 1001
May 28, 2016, 09:32:42 AM
#52
Amazing. Was there any positive news to back up this sudden price climb other than overall positiveness of the markets and halving expectations?
We broke $500 threshold: http://bitcoinity.org/markets/bitfinex/USD
legendary
Activity: 3374
Merit: 1824
May 28, 2016, 09:30:53 AM
#51
since yesterday the prices movement looks pretty fast and finally after several months boring time and today bitcoin already reach to 500 and i think this is the highest prices in 2016 and i wish the prices will be reach to $550 in this monday

I think we all have such wishes Smiley
Any way, it was obvious that soon or later this will happen and that price of Bitcoin will go up.
Like in every market, price depends on supply and demand and I feel that we have now more demands for Bitcoin and because of this price is going up.
Of course, price will not raise forever but it great to enjoy this ride Smiley
My prediction is that in a next 2-3 years Bitcoin may reach even 1 000 $ goal.
legendary
Activity: 2296
Merit: 1014
May 28, 2016, 09:28:08 AM
#50
If it reaches $750, that's something to chat about.
Agree, that would be pice change worth discussion.
Hoever, TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!  Roll Eyes
legendary
Activity: 980
Merit: 1000
May 28, 2016, 09:22:50 AM
#49
since yesterday the prices movement looks pretty fast and finally after several months boring time and today bitcoin already reach to 500 and i think this is the highest prices in 2016 and i wish the prices will be reach to $550 in this monday
legendary
Activity: 1316
Merit: 1145
May 28, 2016, 09:11:30 AM
#48
Yeah it will keep going high, because of bitcoin halving, I think the price of bitcoin will reach 600$ after halving. Im hoping that this will come true

it is very likely to happen, like today when bitcoin reached $500 and it was totally unexpected and so fast Grin
full member
Activity: 224
Merit: 100
May 28, 2016, 09:03:46 AM
#47
Yeah it will keep going high, because of bitcoin halving, I think the price of bitcoin will reach 600$ after halving. Im hoping that this will come true
legendary
Activity: 966
Merit: 1042
May 28, 2016, 09:01:25 AM
#46
We're heading to the moon!!! I had a look and all of a sudden there's a decent spike. We haven't seen anything like this in months. I'm excited! Let the good times roll...
legendary
Activity: 1652
Merit: 1057
May 28, 2016, 08:55:10 AM
#45
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?

It's more than likely that it's caused by the halving block reward but ... people should understand that they shouldn't sell just after the big price increase after the halving otherwise this will cause a huge price decrease .
I personally won't be touching my coins unless it reaches something like ~1200$ or more .
It is so nice to see that Bitcoin is rising slowly now and more people see now also the opportunity to make some profit in the future and that can be nice.
But it is really hard to choose the moment to sell it and so you need take sometimes risk with it.
I don't think I agree with you with 'bitcoin rising slowly now' because the value have been dormant, stable rather, in these past few weeks. There aren't really any significant drops nor hikes.

But if you were referring to the value from the past years upto now, then yeah. The value is somehow quite rising back up again to its former glory.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
May 27, 2016, 09:44:48 AM
#44
This isn't something to be euphoric about, but price movements are indeed a great indicator as to whether or not there will be something happening big. This may seem great, but the price is hovering to this range for quite a long time now.
legendary
Activity: 1218
Merit: 1000
May 27, 2016, 09:36:25 AM
#43
I reckon its just in response to the halving it has top move eventually, there's not long to go now Grin.
absolutely right, we just need to wait. This may be a fixed time for the patient, maybe it's been a lot of people who sell their bitcoin, but I believe bitcoin prices would definitely go up again.
legendary
Activity: 1610
Merit: 1183
May 27, 2016, 09:28:11 AM
#42
It was very predictable, so I feel really bad for those that fell victim of scamcoins promises, instead of just buying and holding Bitcoin. The rise is just unavoidable, its impossible to not improve your wealthy by buying and holding Bitcoin, it always goes up. If you used ETH to get some extra BTC then congratulations, but if you are still holding some hoping for it to defeat Bitcoin, you are up for a harsh awakening. BTC is still cheap at under 1k, so I would buy as much as possible before it's too late.
hero member
Activity: 1395
Merit: 505
May 27, 2016, 09:20:39 AM
#41
It has been in the $400-$500 type range for ages. Any stock trader will tell you a move -20% to +20% off a moving average is utterly meaningless so don't pay much attention to it.

If it reaches $750, that's something to chat about.
legendary
Activity: 3318
Merit: 1128
May 27, 2016, 09:07:29 AM
#40
After a downtime, this rate is good enough and I already earned $20 profit as I had bought bitcoins when the price was $441. I feel this is because of the halving discussion or else the market has more buyers and less sellers. I guess it has reached this rate after 1-2 months.
legendary
Activity: 2296
Merit: 1014
May 27, 2016, 09:07:05 AM
#39
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?
I dont have any expectations. Bitcoin is worth a lot more tho, its written in history.
member
Activity: 107
Merit: 10
May 27, 2016, 08:30:58 AM
#38
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?

It's more than likely that it's caused by the halving block reward but ... people should understand that they shouldn't sell just after the big price increase after the halving otherwise this will cause a huge price decrease .
I personally won't be touching my coins unless it reaches something like ~1200$ or more .
It is so nice to see that Bitcoin is rising slowly now and more people see now also the opportunity to make some profit in the future and that can be nice.
But it is really hard to choose the moment to sell it and so you need take sometimes risk with it.
hero member
Activity: 770
Merit: 500
Bazinga!
May 27, 2016, 08:19:55 AM
#37
i am glad that the down go has stoppend and bitcoin is on track of rising up again. i never doubted this to happen.
newbie
Activity: 46
Merit: 0
May 27, 2016, 08:18:15 AM
#36
Bitcoin mania!!  Grin
legendary
Activity: 2604
Merit: 1036
May 27, 2016, 07:59:31 AM
#35
Yay a $30 jump overnight not bad eh?  Cheesy I didn't check the price this morning but apparently it's really there and we have passed the $475 mark guys! I think this price increase is just a small pre-pump and the real major pump before the halving hasn't started yet. If people cash out their alt coin investments and buy back into Bitcoin I guess the value of the alt coins will substantially decrease and we will see a lot of angry Ethereum bag holders complaining on the forum in the next 40 days or so  Grin I would recommend holding your Bitcoins at least till the end of the year because anything could happen to the price of Bitcoin with a market so volatile. Better to hold than be sorry later on  Wink
legendary
Activity: 2632
Merit: 1094
May 27, 2016, 06:08:25 AM
#34
Wooh! At first I din't believe this post but now when I checked the rate, it's really $475 on blockchain. Just wished that I had saved my bitcoins earlier when I had 0.4 BTC in my wallet but now I have 0.1 BTC only. I don't think it's because of halving.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
May 27, 2016, 06:06:10 AM
#33
I hope your right OP I did just add more last paycheck before the halving
and would love to see it back around 600!!

lets do it, I mean once it breaks 500 theres no reason it cant go back to that
tested level

but I would sell half at 600 as I think if it hits 600 it will drop cause people will
take normal profits

I'm not willing to sell anything until we hit at least 1000 USD. If I have to wait a number of years then so be it.
legendary
Activity: 1442
Merit: 1000
May 27, 2016, 06:03:07 AM
#32
I hope your right OP I did just add more last paycheck before the halving
and would love to see it back around 600!!

lets do it, I mean once it breaks 500 theres no reason it cant go back to that
tested level

but I would sell half at 600 as I think if it hits 600 it will drop cause people will
take normal profits
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
May 27, 2016, 05:45:05 AM
#31
yeah the rise proves that i was right once again when i said the fall in that past few days is the best opportunity for us to buy bitcoin $10-$20 below price before it starts rising again.
legendary
Activity: 1442
Merit: 1016
May 27, 2016, 05:40:35 AM
#30
the trading volume is through the roof!

This is the typical FOMO I would say!
China started this pump, probably due to capital flights out of the YUAN, and the other exchanges started to follow.
It's great we are moving up, but I wouldn't get too excited for now.Let's see how things will develop until the end of the week.
hero member
Activity: 630
Merit: 500
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May 27, 2016, 05:22:52 AM
#29
Yep, we are flying right now. Think we might take this to $550-600 and then stagnate again

That would satisfy me, rise up to 550-600 just before the halving then rise up to around 800 once the effect of the halving has taken place, limited coin supply etc.

I'm certain we will achieve that, and much more. Because if there's something bitcoin price likes, it's the domino effect of price increase fueling more
and more users who then push the price even more. I smell another hype coming our way. hodl the door ^^
legendary
Activity: 4424
Merit: 4794
May 27, 2016, 05:22:08 AM
#28
looking at btc-e.. it seems
that as of 00:00 (time of graph) on ETH/BTC tab the price of eth started to drop.
then as of 3:30 (time of graph) on ETH/USD tab the price of eth started to drop.
also as of 3:30 (time of graph) on BTC/USD tab the price of BTC started to RISE!

which is where other exchanges BTC/USD prices start to rise

it seems that something happened to hit ethereum's speculation negatively that happened 3 hours before people started buying back into bitcoin

(by the way i have noticed sometimes that btc-e has been the starting point that other exchanges follow(emphasis: sometimes))
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
May 27, 2016, 05:19:59 AM
#27
Yep, we are flying right now. Think we might take this to $550-600 and then stagnate again

That would satisfy me, rise up to 550-600 just before the halving then rise up to around 800 once the effect of the halving has taken place, limited coin supply etc.
hero member
Activity: 938
Merit: 501
May 27, 2016, 05:17:13 AM
#26
Yep, we are flying right now. Think we might take this to $550-600 and then stagnate again
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
May 27, 2016, 05:13:45 AM
#25
Back up to 476 on Stamp. It's about time we started the next leg up. Gooooooo bitcoin.
hero member
Activity: 714
Merit: 500
May 27, 2016, 05:07:09 AM
#24
I was a bit surprised by the surge of bitcoin's price. In a matter of days, it went up from $440 to $475, and now stabilizing at around $470. While this is good, I'm still hoping there will be another dip coming so I could buy more. Was able to buy a little at $439 and then suddenly this price. Are we in for an exciting rollercoaster ride?
legendary
Activity: 2786
Merit: 1031
May 27, 2016, 05:01:12 AM
#23
It will cool off when transactions don't go through, it seems to already start happening, unless all the action happens in some exchange.

Also, volume is still very low...
staff
Activity: 3500
Merit: 6152
May 27, 2016, 04:59:57 AM
#22
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?

It's more than likely that it's caused by the halving block reward but ... people should understand that they shouldn't sell just after the big price increase after the halving otherwise this will cause a huge price decrease .
I personally won't be touching my coins unless it reaches something like ~1200$ or more .
legendary
Activity: 2282
Merit: 1023
May 27, 2016, 04:52:24 AM
#21
This is a good news but still way from my average buy price of $600+... I think we are not far from that.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
May 27, 2016, 04:44:19 AM
#20
muuuuuuuuuuun!
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
May 27, 2016, 04:43:23 AM
#19
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?
Not surprising really on China it reached $480 this is the best time to hoard bitcoin after the halving we will stedy increase of it's price I think everybody is anticipating this ,let;s see how it goes after the halving what would be it's effect in the market..
hero member
Activity: 1106
Merit: 521
May 27, 2016, 04:31:41 AM
#18
I reckon its just in response to the halving it has top move eventually, there's not long to go now Grin.
legendary
Activity: 1512
Merit: 1000
May 27, 2016, 04:29:12 AM
#17
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?

FOMO   - Fear Of Missing Out. As halving creeps nearer and nearer, the window of opportunity for buying bitcoin at relatively cheap prices becomes smaller and smaller. More and more people are only just now starting to realize this and are buying their tickets en masse before the train pulls out of the current station.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
May 27, 2016, 03:45:50 AM
#16
Damn and I cashed out some the other day. Bad luck.

@ontopic what do you guys think could have caused this surge? IMO it's still early for the halving surge.
full member
Activity: 168
Merit: 100
May 27, 2016, 03:37:57 AM
#15
2 days ago were were all wondering if it was ever going to reach 450, and it zipped past 450 easily on today. So yeah, it will pass 500 next week if it survives the weekend with no crash. Grin
legendary
Activity: 1582
Merit: 1006
beware of your keys.
May 27, 2016, 03:33:42 AM
#14
520$ at the end of the month.. Bitcoin climbed +20 this day, yesterday it was at 450 now skyrocket at 476 ,,well see 500$ marked this coming days so be ready for it.

how can you predict that the bitcoin will go 520? you know, if this is a bump, then you should know what you are predicting is being trolled.
the bitcoin block is halving though.
legendary
Activity: 3080
Merit: 1500
May 27, 2016, 03:26:01 AM
#13
Halving is approaching, that's why people are buying more bitcoin.

The reason for this increase, is the trading volume increased on buying side. IT will continue for some time now.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 27, 2016, 03:21:58 AM
#12
it's about damn time. the eth pump has stopped and now all the investors are dumping their coins to cash out and buy bitcoin again.
this was expected from the beginning. the fact that bitcoin price is still below $500 is strange not the fact that it has risen up to >$475
sr. member
Activity: 406
Merit: 250
May 27, 2016, 03:20:53 AM
#11
The price is not going to rise much above $500, the backlog of transactions won't let it.
full member
Activity: 126
Merit: 100
May 27, 2016, 03:20:42 AM
#10
520$ at the end of the month.. Bitcoin climbed +20 this day, yesterday it was at 450 now skyrocket at 476 ,,well see 500$ marked this coming days so be ready for it.
hero member
Activity: 1036
Merit: 504
Becoming legend, but I took merit to the knee :(
May 27, 2016, 03:19:26 AM
#9
Prolly to do with people dumping eth and lisk, buying btc and plus the halving.. booms, best price for months to come
full member
Activity: 179
Merit: 250
May 27, 2016, 03:16:16 AM
#8

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

yes it's still far enough I think to approximate halving. but I do not know whether this effect of halving, or pure bitcoin prices are on the rise.

OP : I even saw in huobi it reaches $497.

ETH is headed south on high vol. Dumping ETH and moving back into BTC?
legendary
Activity: 1960
Merit: 1026
May 27, 2016, 03:11:16 AM
#7

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

yes it's still far enough I think to approximate halving. but I do not know whether this effect of halving, or pure bitcoin prices are on the rise.

OP : I even saw in huobi it reaches $497.
full member
Activity: 141
Merit: 116
May 27, 2016, 03:09:41 AM
#6

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

Well I certainly didn't miss the halving news. I meant latest news.

full member
Activity: 179
Merit: 250
May 27, 2016, 03:07:47 AM
#5

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased

That does not account for the huge surge in volume.  I would say insitutional buying
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 27, 2016, 03:04:43 AM
#4

Any news that I might have missed in regards to price jump ?
a lot of people here say it's caused by halving,maybe it's right,we're now near to halving,as i see from the bitcoin halving countdown,still 44 days to go
many people holding their btc and supply decreased,demand increased
full member
Activity: 179
Merit: 250
May 27, 2016, 03:04:22 AM
#3
the trading volume is through the roof!
full member
Activity: 141
Merit: 116
May 27, 2016, 03:02:50 AM
#2

Any news that I might have missed in regards to price jump ?
legendary
Activity: 1148
Merit: 1000
May 27, 2016, 02:59:06 AM
#1
So what do you guys make of this? Bitcoin value has been steadily climbing the past 48 hrs. A little bit more and we'll have passed the highest Bitcoin has reached in over 20 months! Any predictions?
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