Bitcoin price is climbing up slowly slowly. what do you think ? - page 2.

Slark

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Quote from: OmegaStarScream on July 02, 2016, 01:56:13 PM

I personally think It's panic buying due to halving block reward , some people are afraid for being late for the train so they are buying at the moment. I could be wrong though

It exactly be panic buying, because I can't seem to find any additional information about this sudden rise. There is no bitcoin news to back this surge.
One news that is maybe responsible for this situation is recent announcement that bitcoin will become "People’s Right" in China and will have legal backup of Government.

cpfreeplz

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Ah, well I think any rise is great (obviously) but it may just be people coming very late to the party. I bought most of my coins at $500CAD or under so with us being 1.8x above that I really don't care about small fluctuations at this point. Let's hope for consistent rises at this point though.

OmegaStarScream

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I personally think It's panic buying due to halving block reward , some people are afraid for being late for the train so they are buying at the moment. I could be wrong though

The Sceptical Chymist

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I agree with the last part of what you wrote, that the bull is ready to run. I don't think this is or even should be an effect of the upcoming halving. This is a market consisting of tons of people who've known about it for a long time. Why should the price spike?

peta4e

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Quote from: socks435 on July 02, 2016, 01:30:47 PM

Quote from: Junko on July 02, 2016, 01:10:34 PM

Quote from: tampazeus on July 02, 2016, 12:51:19 PM

Quote from: Bitcoinsummoner on July 02, 2016, 12:44:53 PM

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.

Yeah right more grow more price increase will happen after halving we already see the effect even the block halving still not done yet.. the price should be rise because according to halving our source of bitcoin per block will be half from 25 btc to 12.5 btc so it means the price should be double..

If it gets doubled then its well and good but even if it doesn't gets doubled then also it should be reached to descent price where people can earn good profits.

socks435

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Quote from: Junko on July 02, 2016, 01:10:34 PM

Quote from: tampazeus on July 02, 2016, 12:51:19 PM

Quote from: Bitcoinsummoner on July 02, 2016, 12:44:53 PM

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.

Yeah right more grow more price increase will happen after halving we already see the effect even the block halving still not done yet.. the price should be rise because according to halving our source of bitcoin per block will be half from 25 btc to 12.5 btc so it means the price should be double..

LFC_Bitcoin

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Quote from: Edwardard on July 02, 2016, 06:14:18 AM

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

Hopefully, would be nice to get past 800 in the immediate future.

Junko

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Quote from: tampazeus on July 02, 2016, 12:51:19 PM

Quote from: Bitcoinsummoner on July 02, 2016, 12:44:53 PM

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.

tampazeus

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Quote from: Bitcoinsummoner on July 02, 2016, 12:44:53 PM

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

Bitcoinsummoner

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Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

alyssa85

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I think there were some people who were gutted when the price fell from $750 to $630, and who will be watching and selling immediately the price rises back up. It is only once all those who "bought high" have sold and cleared out, that bitcoin can make it's next dash up.

RoommateAgreement

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Quote from: Edwardard on July 02, 2016, 06:14:18 AM

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

yes, i think that "This" rise is because of the halving and the hype it has brought to us.

but to say anything about the continuation of this rise would be a tough thing to say because i am afraid there might be a dump before the big rise.

hasiramasenju

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Quote from: Edwardard on July 02, 2016, 06:14:18 AM

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

i don't know this is pre halving effect or something else but as long the prices still rising day by day it doesn't matter for me even though the movement looks very slow and i'm hoping to see a big pump again soon too

Denker

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Quote from: Edwardard on July 02, 2016, 06:14:18 AM

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump very soon. the bull is ready to run now.

The thing is no one here can really predict what's going to happen next.
I hope to see a constant, healthy rise within the next coming months and think we could see the $1000 at the end of this year.
Maybe it won't be on a stabile basis, that could need another few more months.
On the other hand I could be completely wrong and we will see a crazy bull run up to a new ATH followed by a mega dump and consolidation around $800-$1000 as the new bottom.Who knows, who knows.

Edwardard

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is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

Topic: Bitcoin price is climbing up slowly slowly. what do you think ? - page 2. (Read 1366 times)