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Topic: Bitcoin Touched $500 just now (Read 4490 times)

legendary
Activity: 1190
Merit: 1013
June 03, 2016, 02:14:42 AM
The price of bitcoin depends on us who uses bitcoin.. if we hold our bitcoins for a long time then the price would be great ,but if we dont cntrol ourselves and sell our btc just to have small ptofit,dont expect bitcoin to rise

bitcoin's rise and fall depending on the seller and the buyer if there is someone selling bitcoin with very much the price of bitcoin getting down prices
full member
Activity: 126
Merit: 100
June 02, 2016, 07:39:49 AM
The price of bitcoin depends on us who uses bitcoin.. if we hold our bitcoins for a long time then the price would be great ,but if we dont cntrol ourselves and sell our btc just to have small ptofit,dont expect bitcoin to rise
legendary
Activity: 1274
Merit: 1000
June 02, 2016, 07:24:05 AM
But it may reach a point, lets say 580 and we just need one bag holder to sell a significant number of bitcoins to cause panic selling.

What is that mark?

There has already been many over 25$ drops and even 50$ drop and they have not caused panic sell so why would drop from 580$ start panic sell?
And big investors who have enough to drop it more, I am quite sure they are not that stupid to go all in with their investments.

maybe it could happen panic sell when approaching halving if the price is around $580-600, then after halving there is no increase. it was definitely the people will sell at the price $580-600. because of the early goal they hold for halving.

You don't know why people think halving will make prices go up do you?
Why would people sell right at when the halving happens when that is when the price actually starts going up...

Halving doesn't just magically rise the price instantly to ath, it just means there will 54000 less coins available every month and that means price will be going up because demand for coins is still the same as it was before the halving.
legendary
Activity: 1232
Merit: 1000
June 02, 2016, 06:08:52 AM
But it may reach a point, lets say 580 and we just need one bag holder to sell a significant number of bitcoins to cause panic selling.

What is that mark?

There has already been many over 25$ drops and even 50$ drop and they have not caused panic sell so why would drop from 580$ start panic sell?
And big investors who have enough to drop it more, I am quite sure they are not that stupid to go all in with their investments.

maybe it could happen panic sell when approaching halving if the price is around $580-600, then after halving there is no increase. it was definitely the people will sell at the price $580-600. because of the early goal they hold for halving.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
June 02, 2016, 06:06:42 AM
But it may reach a point, lets say 580 and we just need one bag holder to sell a significant number of bitcoins to cause panic selling.

What is that mark?

There has already been many over 25$ drops and even 50$ drop and they have not caused panic sell so why would drop from 580$ start panic sell?
And big investors who have enough to drop it more, I am quite sure they are not that stupid to go all in with their investments.

Right there wont be. As long as the increase is just slowly and profitable then there would be no panic sell. I am mostly scared with a big wave up. Just imagining it. Many holder with low number of coins might sell.
hero member
Activity: 896
Merit: 500
June 02, 2016, 05:48:58 AM
I am optimistic after the price finally pass 460$ levels. this point was unbreakable for more than six month. I hope it will be a good support point in the next days

Price is already above $500 now and that is a good sign before halving, and I don't see price fall now in next couple of weeks, price will keep on continuously rising.

Its above now and really there's no sign for this time for price fall down because many people intended to buy and hold for now rather than selling their coins because same as I their waiting for halving time happen and the effect of that we can see further more price increase daily and it is really exciting event for Bitcoin and many enthusiast will be happy for this and by this time it can attract and inspired new users globally and market will wider more because of its high price.
You see now that the value of the Bitcoin is rising slowly now and that would be nice for the people with already Bitcoin but it will be really hard to know what will happen of course later.
But it would be nice if there will be more people that have just profit but they need some patience for it otherwise it will be not possible for them.
Yes bitcoin prices rise and fall naturally happened here, but it is not fair when prices dropped dramatically. I believe bitcoin will grow and prices will tend to rise here. Continue to collect bitcoin is a right way and then sell when the time is right.
legendary
Activity: 1274
Merit: 1000
June 02, 2016, 04:33:04 AM
But it may reach a point, lets say 580 and we just need one bag holder to sell a significant number of bitcoins to cause panic selling.

What is that mark?

There has already been many over 25$ drops and even 50$ drop and they have not caused panic sell so why would drop from 580$ start panic sell?
And big investors who have enough to drop it more, I am quite sure they are not that stupid to go all in with their investments.
sr. member
Activity: 266
Merit: 250
May 31, 2016, 04:41:03 AM
But it may reach a point, lets say 580 and we just need one bag holder to sell a significant number of bitcoins to cause panic selling.

What is that mark?
sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
May 31, 2016, 03:09:38 AM
I am optimistic after the price finally pass 460$ levels. this point was unbreakable for more than six month. I hope it will be a good support point in the next days

Price is already above $500 now and that is a good sign before halving, and I don't see price fall now in next couple of weeks, price will keep on continuously rising.

Its above now and really there's no sign for this time for price fall down because many people intended to buy and hold for now rather than selling their coins because same as I their waiting for halving time happen and the effect of that we can see further more price increase daily and it is really exciting event for Bitcoin and many enthusiast will be happy for this and by this time it can attract and inspired new users globally and market will wider more because of its high price.
You see now that the value of the Bitcoin is rising slowly now and that would be nice for the people with already Bitcoin but it will be really hard to know what will happen of course later.
But it would be nice if there will be more people that have just profit but they need some patience for it otherwise it will be not possible for them.
sr. member
Activity: 303
Merit: 250
May 31, 2016, 01:06:57 AM
With the crazy difficulty and reduced supply, prices still have room to grow, i boldly speculate..
I agree with you  Cheesy
sr. member
Activity: 266
Merit: 250
May 31, 2016, 01:03:16 AM
With the crazy difficulty and reduced supply, prices still have room to grow, i boldly speculate..
hero member
Activity: 812
Merit: 1000
May 30, 2016, 06:15:49 PM
I think the it will happen again.. because i'm believe that bitcoin will reduce back below $500 block halving is too far.. this is just effect of lisk did you see the price today of altcoin all of them are decreased..
bitcoin will definitely not drop back to 500 dollars in my opinion because there are a lot of people interested in it at the moment who are ready to buy all the time

in my opinion bitcoin is going to go up a lot in the near future because of the halving event and because people will want to make as much profit as possible in short time

Even if it falls back now then $500 will be bottom we cannot expect anything below it as it seems to be impossible now, price will keep on moving up in recent times.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
May 30, 2016, 06:09:15 PM
I think the it will happen again.. because i'm believe that bitcoin will reduce back below $500 block halving is too far.. this is just effect of lisk did you see the price today of altcoin all of them are decreased..
bitcoin will definitely not drop back to 500 dollars in my opinion because there are a lot of people interested in it at the moment who are ready to buy all the time

in my opinion bitcoin is going to go up a lot in the near future because of the halving event and because people will want to make as much profit as possible in short time
hero member
Activity: 924
Merit: 500
May 30, 2016, 05:27:39 PM
I think the it will happen again.. because i'm believe that bitcoin will reduce back below $500 block halving is too far.. this is just effect of lisk did you see the price today of altcoin all of them are decreased..
hero member
Activity: 616
Merit: 500
May 30, 2016, 05:21:34 PM
Hope the price maintains above 500. Kudos to those in china driving up prices.

The chinese have drive up gold prices and property prices.  Now they are driving up bitcoin prices.
Let's see how long it lasts. Last time in November 2015, it was three weeks only and we went elevator down.

Last time we did not reached the 500 dollar floor. Which that happening now the scheme is totally different. Sure the price can go down again, but if you look in the books you will find much more support at  500 then we had at 450 dollar
hero member
Activity: 546
Merit: 500
May 30, 2016, 05:06:53 PM
Yes the bitcoin touched this amount and I think that its just so good it hit this amount, I really think the bitcoin is even gonna rise to a higher amount very soon.
Its now even around the 530 dollar.
legendary
Activity: 1456
Merit: 1002
May 30, 2016, 04:50:44 PM
That was a good feeling to watch bitcoin price just crossing $500 on c-cex and coinbase  Grin Grin
Wish if i had a lots of bitcoin Undecided Undecided
Honestly didn't expect to see +$500 soon but what I really hope is that the price keep this level or even more before the halving  Smiley

Its prehalving prices so its more like a temporary price.

I`d like to see the average after the halving has died down and if it retains anywhere near that # or more.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
May 30, 2016, 03:35:40 PM
Hope the price maintains above 500. Kudos to those in china driving up prices.

The chinese have drive up gold prices and property prices.  Now they are driving up bitcoin prices.
Let's see how long it lasts. Last time in November 2015, it was three weeks only and we went elevator down.
sr. member
Activity: 266
Merit: 250
May 30, 2016, 01:47:57 AM
Hope the price maintains above 500. Kudos to those in china driving up prices.

The chinese have drive up gold prices and property prices.  Now they are driving up bitcoin prices.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
May 30, 2016, 01:21:35 AM
I hope it doesn't touch it anymore  Grin
A test of that level is more than due. Otherwise we may end up going elevator down, same as we went up now.
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