Bitcoin Price Analysis - 03/03/2016 | Bitcointalksearch.org

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: bitcoinisfurture on April 22, 2016, 12:44:40 AM

Price crossed 450$ + but back to below 450 now Sad

. Will it be able to retain momentum and reach 500$?

Most probably it will move atleast some days around 450 before move towards to 500, Mkt need consolidation if it will move direct there then it drop down too quickly because of no base.

bitcoinisfurture

hero member

Activity: 700

Merit: 500

Price crossed 450$ + but back to below 450 now Sad

. Will it be able to retain momentum and reach 500$?

prabakhar23

newbie

Activity: 1

Merit: 0

Huge momentum that bitcoin needs https://www.coingecko.com/en/price_charts/bitcoin/inr

Notieboie

jr. member

Activity: 54

Merit: 10

so yeah we breaking out of the 6month wedge, i am very bullish with the chart analysis + segregated witness soft fork + halving incoming

techguy

sr. member

Activity: 378

Merit: 250

Quote from: bitcoinisfurture on April 16, 2016, 01:20:07 AM

When will the halving happen and why?

When - After 85 days from now (http://www.bitcoinblockhalf.com/)
Why - The successful miner finding the new block is rewarded with newly created bitcoins and transaction fees.[57] As of 28 November 2012,[58] the reward amounted to 25 newly created bitcoins per block added to the block chain. To claim the reward, a special transaction called a coinbase is included with the processed payments.[10]:ch. 8 All bitcoins in existence have been created in such coinbase transactions. The bitcoin protocol specifies that the reward for adding a block will be halved every 210000 blocks (approximately every four years). Eventually, the reward will decrease to zero, and the limit of 21 million bitcoins[note 11] will be reached c. 2140; the record keeping will then be rewarded by transaction fees solely ( Supply section of - https://en.wikipedia.org/wiki/Bitcoin )

bitcoinisfurture

hero member

Activity: 700

Merit: 500

When will the halving happen and why?

GregH37

legendary

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Merit: 1037

Quote from: deadley on April 14, 2016, 11:19:47 AM

Quote from: GregH37 on April 14, 2016, 10:41:30 AM

Bitcoin price is gradullay moving towards the 1000 Dollar mark. Good for us.

lol we are not even halfway of 1000 mark.

We will reacj with 3 months on halving. Wait for 90 more days

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: GregH37 on April 14, 2016, 10:41:30 AM

Bitcoin price is gradullay moving towards the 1000 Dollar mark. Good for us.

lol we are not even halfway of 1000 mark.

GregH37

legendary

Activity: 1302

Merit: 1037

Bitcoin price is gradullay moving towards the 1000 Dollar mark. Good for us.

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: BitcoinsGreat on April 11, 2016, 11:52:44 AM

In 3 months time, prices will be double because of halving.

you guys are living in dream, always remember in trading prospect when you expect it never happened. Every one expecting that halving will impact so much in BTC price. Just check LTC price when it halved nothing happened so don't expect so much.

In trading prospect price gain in news but when it happened it consolidate. Everyone know about BTC halving so it's not news for BTC world so don't expect big jump. Price already jump from 200 to 400 now it will stay here longer time.

soyab0007

hero member

Activity: 560

Merit: 500

eagerly waiting for that halving

BitcoinsGreat

sr. member

Activity: 1022

Merit: 280

In 3 months time, prices will be double because of halving.

CounterEntropy

full member

Activity: 214

Merit: 278

Quote from: buysellbitcoin on April 11, 2016, 06:46:00 AM

"Madness is like gravity...all it takes is a little push.”

...and this news might give that little push

Lightning Network Should Be Ready This Summer

buysellbitcoin

legendary

Activity: 1105

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https://www.zebpay.com

"Madness is like gravity...all it takes is a little push.”

- Joker, The Dark Knight

Regards
Mahin
Zebpay

techguy

sr. member

Activity: 378

Merit: 250

Quote from: dashingriddler on April 11, 2016, 05:37:34 AM

Quote from: techguy on April 11, 2016, 02:27:00 AM

Quote from: dashingriddler on April 10, 2016, 10:42:34 PM

Boring price trends since a month. Hoping some action to kick in Wink

Wait until - 12 Jul 2016 06:51:28 to see real action

I personally do not believe in this rate doubling theory because of block reward halving. This is a known fact and its effect will be there all the way - it wont kick in all of a sudden when the block reward becomes half of what it is now.

Regards

I am not saying that it will double, but surely mainstream Media will pickup the news which will definitely pump up the price !!

dashingriddler

legendary

Activity: 1258

Merit: 1001

Quote from: techguy on April 11, 2016, 02:27:00 AM

Quote from: dashingriddler on April 10, 2016, 10:42:34 PM

Boring price trends since a month. Hoping some action to kick in Wink

Wait until - 12 Jul 2016 06:51:28 to see real action

I personally do not believe in this rate doubling theory because of block reward halving. This is a known fact and its effect will be there all the way - it wont kick in all of a sudden when the block reward becomes half of what it is now.

Regards

techguy

sr. member

Activity: 378

Merit: 250

Quote from: dashingriddler on April 10, 2016, 10:42:34 PM

Boring price trends since a month. Hoping some action to kick in Wink

Wait until - 12 Jul 2016 06:51:28 to see real action

dashingriddler

legendary

Activity: 1258

Merit: 1001

Boring price trends since a month. Hoping some action to kick in Wink

noormcs5

hero member

Activity: 2856

Merit: 618

Leading Crypto Sports Betting & Casino Platform

Quote from: btcdevil on April 08, 2016, 08:53:17 AM

Quote from: bitcoinisfurture on April 08, 2016, 06:11:07 AM

How does the price look for April end?

if everything goes right the price will be above $450 + if their is no bad news.

The price is around 420 to 430 $. Its keep up and down for last one moth,

deadley

legendary

Activity: 2562

Merit: 1064

You guys forgetting one thing. If Bitcoin ever become mainline currency in this world then it must be stabilize. Volatile curreny never be accepted by general public.

btcdevil

legendary

Activity: 1302

Merit: 1027

Quote from: bitcoinisfurture on April 08, 2016, 06:11:07 AM

How does the price look for April end?

if everything goes right the price will be above $450 + if their is no bad news.

bitcoinisfurture

hero member

Activity: 700

Merit: 500

How does the price look for April end?

Harikrishna

newbie

Activity: 15

Merit: 0

I don't have much knowledge about trading.... But i expect the value of BTC will increase to $450.BTCBTCBTC

Notieboie

jr. member

Activity: 54

Merit: 10

Few more weeks to breakout the channel and then the pump starts imo.
interesting time ahead.

I say we will touch 500$ in next 30 days.

dashingriddler

legendary

Activity: 1258

Merit: 1001

Strengthening of rupee is about 1.5% so major contribution is due to drop of btc price itself obviously

polynesia

legendary

Activity: 1358

Merit: 1000

It seems to be down substantially now. Grin

You have a double effect - weakening of bitcoin combined with strengthening of the rupee.

deadley

legendary

Activity: 2562

Merit: 1064

Quote from: dashingriddler on March 03, 2016, 10:27:39 PM

Quote from: deadley on March 03, 2016, 10:51:58 AM

Actually this decline come because of strengthening of Indian Rupees. It was 69.1 3-4 days ago now it's around 67.4 so we saw around 2.5-3% strength in rupees just because of that we saw this dropped in price.

I am still expecting price will touch again 440$ soon.

Agreed. But even in USD there is a decline. I am thinking that increased interest in ETH is playing some role here.

Yes but that decline is not that much. It's normal volatility in usd case.

dashingriddler

legendary

Activity: 1258

Merit: 1001

Quote from: deadley on March 03, 2016, 10:51:58 AM

Actually this decline come because of strengthening of Indian Rupees. It was 69.1 3-4 days ago now it's around 67.4 so we saw around 2.5-3% strength in rupees just because of that we saw this dropped in price.

I am still expecting price will touch again 440$ soon.

Agreed. But even in USD there is a decline. I am thinking that increased interest in ETH is playing some role here.

deadley

legendary

Activity: 2562

Merit: 1064

Actually this decline come because of strengthening of Indian Rupees. It was 69.1 3-4 days ago now it's around 67.4 so we saw around 2.5-3% strength in rupees just because of that we saw this dropped in price.

I am still expecting price will touch again 440$ soon.

buysellbitcoin

legendary

Activity: 1105

Merit: 1001

https://www.zebpay.com

Hi bitcoiners

We are seeing some decline in bitcoin price Sad

However, we are still optimistic about the potential of an upside break, and that this pullback could lead the price scale new highs!

Do share your views on bitcoin price trend and what are your levels for best trades!

Happy trading!

Regards
Mahin

Topic: Bitcoin Price Analysis - 03/03/2016 (Read 2069 times)