Bitcoin crossed 520$... - page 5. | Bitcointalksearch.org

AlgoSwan

sr. member

Activity: 308

Merit: 250

ancap

Quote from: davis196 on May 31, 2016, 04:14:33 AM

I wish that bitcoin reaches 5394$ ,but that`s impossible Grin

Impossible. Are you sure?

Last halving time: November 28, 2012 (Price: $12.1) Total 10M coins in circulation
After the halving, prices exploded more than 15 times in just 4 months.

Now: 15M coins in circulation

50 to 25 still seems ample, whereas 12.5 begins to feel like a small number suggesting scarcity.

davis196

hero member

Activity: 3150

Merit: 937

Quote from: avw1982 on May 30, 2016, 06:15:19 AM

Hi guys,

Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy.

I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise. Cool

What`s that "5394 which is equals to 1 bitcoin"?

You mean 539.4$ ,right?

I wish that bitcoin reaches 5394$ ,but that`s impossible Grin

AlgoSwan

sr. member

Activity: 308

Merit: 250

ancap

If you checkout the BTC charts when last halving occurs at November 28, 2012 quote was $12.1

After that time BTC prices exploded more than 15 times in just 4 months. What I'm trying to say is halving means less supply. And everyone knows what it means. No?

bitcoinhopper

sr. member

Activity: 336

Merit: 250

Bravity is beautiful.

You can now see indeed that the value of the Bitcoin is going to be more worth and that is really nice for the people with already Bitcoin so that can be nice for us with already Bitcoin.
But the halving is also coming towards to us and that can be nice if we are going to sell it on the right moment, but it will be really hard to predict for what the value will be.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: bryant.coleman on May 30, 2016, 06:21:05 AM

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

You have it wrong my friend. The current spike in the Bitcoin price is due to increased Chinese volumes and this is possibly due to capital flight in China. It has very little to do with halving speculation and any bubble being created. The Bitcoin price will naturally decline after the halving event, because a lot of people will take the opportunity to sell some coins, when the price reach higher peaks than usual.

Statements like this, needs to be backed by proof, and I see very little of that here. ^smile^

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: eddyubachs on May 30, 2016, 05:08:38 PM

Quote from: richardsNY on May 30, 2016, 04:56:38 PM

Yes, it's fantastic that the price has increased incredibly in a matter of days, but I can't really see the price reach $1000 at the time the block halving takes place. It's simply too much to ask for.

We can expect price around $700 at the time of halving as that seems to be an realistic value to hold and achieve in next couple of days.

quite possible maybe in range 700-800 for halving or wider one 600-800 cuz for me 600 is bottom after halving price and think that this price can be maintain for quite some time
rushing now for 1000 is not good cuz it that happens we can expect way down to 400 or even under that

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: btcltccoins on May 31, 2016, 12:32:37 AM

The last halving has given us prove that bitcoin will be cross $1100, so after 4 years this halving is coming, so we can say that $700 is enough. My opinion about this halving will be stopped more than it $1100.

You are wrong. It was the demand from China, not the halving which propelled BTC to four digit exchange rates versus the United States Dollar. At the time of the last halving (2012), BTC was going at a rate of $10 or $12 per coin, which was not much higher than the exchange rates in 2011. There were two spikes. The first one in mid-2013, and the second one in December 2013.

btcltccoins

full member

Activity: 154

Merit: 100

Quote from: jtipt on May 30, 2016, 10:05:25 PM

Quote from: avw1982 on May 30, 2016, 06:15:19 AM

Hi guys,

Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy.

I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise. Cool

Yeah now I think bitcoin is kinda stable at around $530 in last 10-12 hrs but it will change obviously. A 1000$ seems alot but them again we have 40 days left till halving it could be possible I was expecting somewhere around 700$

The last halving has given us prove that bitcoin will be cross $1100, so after 4 years this halving is coming, so we can say that $700 is enough. My opinion about this halving will be stopped more than it $1100.
May be i m not true, but i know about it that halving will give us some surprise about the Bitcoin price. But it is good that bitcoin is increasing day to day, if it continue the price rising of bitcoin so in the time of halving bitcoin will easily achieve at $1100.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: avw1982 on May 30, 2016, 06:15:19 AM

Hi guys,

Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy.

I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise. Cool

Yeah now I think bitcoin is kinda stable at around $530 in last 10-12 hrs but it will change obviously. A 1000$ seems alot but them again we have 40 days left till halving it could be possible I was expecting somewhere around 700$

Razick

legendary

Activity: 1330

Merit: 1003

Quote from: bryant.coleman on May 30, 2016, 06:21:05 AM

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

Because you know exactly what the fair value of a Bitcoin is... Roll Eyes

AndySt

legendary

Activity: 2142

Merit: 1012

Quote from: Corenin on May 30, 2016, 05:50:29 PM

Quote from: jt byte on May 30, 2016, 05:47:18 PM

It just keeps going up so I hope it will keep rising as I have alot to give. Grin

Price will keep on moving up until the halving stage and if you are planning to buy then buy it now as price would be much higher in coming days.

Correction is inevitable and the question is what day it will come.

Corenin

legendary

Activity: 1008

Merit: 1000

Quote from: jt byte on May 30, 2016, 05:47:18 PM

It just keeps going up so I hope it will keep rising as I have alot to give. Grin

Price will keep on moving up until the halving stage and if you are planning to buy then buy it now as price would be much higher in coming days.

jt byte

hero member

Activity: 994

Merit: 500

It just keeps going up so I hope it will keep rising as I have alot to give. Grin

eddyubachs

hero member

Activity: 812

Merit: 1000

Quote from: richardsNY on May 30, 2016, 04:56:38 PM

Yes, it's fantastic that the price has increased incredibly in a matter of days, but I can't really see the price reach $1000 at the time the block halving takes place. It's simply too much to ask for.

We can expect price around $700 at the time of halving as that seems to be an realistic value to hold and achieve in next couple of days.

richardsNY

legendary

Activity: 1232

Merit: 1091

Yes, it's fantastic that the price has increased incredibly in a matter of days, but I can't really see the price reach $1000 at the time the block halving takes place. It's simply too much to ask for.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: Pitchblackroom on May 30, 2016, 04:36:30 PM

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash. Right now, I am just holding what I have.

It seems too risky for me to dump right now. Even though I highly suspect that this is a bubble, I still don't want to risk the chance of missing out on even higher profits. Such is the problem with emotions and commitment.

Pitchblackroom

sr. member

Activity: 313

Merit: 250

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash. Right now, I am just holding what I have.

mrhelpful

legendary

Activity: 1456

Merit: 1002

Quote from: avw1982 on May 30, 2016, 06:24:06 AM

Quote from: bryant.coleman on May 30, 2016, 06:21:05 AM

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

Hey bryant coleman,

After long back i am seeing you here man. I don't need to explain you about speculation part of bitcoin. Because you are very much aware of halving effect. So don't pass negative vibes here bro. Bitcoin pump will continuous and It will reach its destination as Satoshi expects!

Hes just sharing his experience basically lol.

But in my experience I can see it a different way, although some of his points can be valid "being a bubble".

My case though the way I see why its a reinforced bubble but a legit investment is there is nothing else to go to beside the blockchain technology which he cant deny as well. We need this in order to protect our money regardless.

It may not be used in the form of a merchant approach mainly, but more of a savings mechanism in my view or just kept focus as a money transmitter alone only value.

BitcoinPaw

sr. member

Activity: 588

Merit: 250

Really, price is rising extreamly fast, we can reach 1000$ price after halving, people doing right if price going so high. I really want earn some coins till halving comes.

terman45x

hero member

Activity: 840

Merit: 1000

Quote from: Tanic on May 30, 2016, 01:23:37 PM

That is just awesome! I would recommend to those who have some nice ammount to sell it and in days when the price will fall again to buy it. You are going to have nice profit from that and repeat in future when bitcoin will start to grow again.

We cannot expect major price drop at this stage as price is going up now and we will see the same in coming months too, so hold your coins for halving.

Topic: Bitcoin crossed 520$... - page 5. (Read 4280 times)