Pages:
Author

Topic: Bitcoins price is rising again - page 5. (Read 4596 times)

hero member
Activity: 616
Merit: 500
January 17, 2016, 04:32:35 PM
#23
I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.

It's good to see the price is back from this huge dump. It's normal the price revives after such a big dump, but this time I am not sure it will go up more so I will sell my coins.
Even if we go back to  390 again.
legendary
Activity: 1218
Merit: 1007
January 17, 2016, 03:23:39 PM
#22
I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.
Well its similar to how the pricewall existed at $250 back last summer, there is support for Bitcoin when it comes to losing 30% of its value (or less, I haven't decided to calculate at what point the pricewall kicks in).

I expect there to be massive support at the value we're at right now, so we'll have to see what happens from here. There shouldn't be any more dumping, so the market is set to run it's course.
legendary
Activity: 1568
Merit: 1000
January 17, 2016, 03:20:11 PM
#21
I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.
member
Activity: 98
Merit: 10
January 17, 2016, 03:17:32 PM
#20
yeah it was obvious that bitcoin will recover the prices and Mike Hearn only tryed to create some panic to buy bitcoin at lower prices because bitcoin if didn't get back in a week it will get back in a month and even gets higher
hero member
Activity: 1106
Merit: 638
January 17, 2016, 03:13:24 PM
#19
Last three four days we saw that the price of Bitcoins is going down but it started rising again due to those who believe in and save Bitcoins for the best value in the future. So we can start saving big amount of Bitcoins. Those who bought Bitcoins last week will definitely get the best value of it. What do you think guys?

Thanks for the approval to start buying "bitcoins". I've been waiting for a stranger to randomly determine that now is the time...when key developers deem the project a failure, etc.

I think we need to discuss whether staying strong against a hard fork would really bring down bitcoin.
member
Activity: 98
Merit: 10
January 17, 2016, 03:00:04 PM
#18

Yes. The reward halving has been priced in for some time. Once the markets realize Hearn's departure was a blessing, we should see some movement to the upside. Markets are fickle and always lag behind community sentiment.

If Classic Fork suceeds, then we'll probably be north of $600 and rising by Halving.

If it fails (can't see how, but if it does) then you are south of $300, and dropping, and halving really won't matter.
yeah i can't see if bitcoin completely fails because even when it fails it can recover back because there will always be bitcoin be used even if it drops to 1$ worth
hero member
Activity: 896
Merit: 502
January 17, 2016, 02:59:21 PM
#17
By 2017, I think you have part of the price increases and decreases.
In 2017 the price will stabilize.
legendary
Activity: 3248
Merit: 1070
January 17, 2016, 02:56:29 PM
#16

this is true, you did the math, but, there is a but, diff is not "priced in" and increase of the diff is sure as the death, so this may result in the need of another price increase for the miners


nah the difficulty is priced in and is (without all the drama scare stories) suppose to cause an rational. logical and steady incline in price.

EG the october-november 2013 rise was when ASICs hit the market and the difficulty shot up.. (yea then the chinese speculators added more of a price rise) before mtgox shot down the speculation.. to an acceptable level for mining cost/ROI

but if you subtract the scaremonger story speculations and just compare difficulty movements long term you will see that bitcoins price so far follows difficulty and mining equipment costs.. it has yet to factor in the reward halving as that is yet to hit the pockets of miners.... that is still to come

the diff is not priced in, in the sense that it will keep increase, right now we have an average increase of 10-20% per month, this will keep increase because miners have still plenty of margin for their profit, with the current price
legendary
Activity: 4424
Merit: 4794
January 17, 2016, 02:45:24 PM
#15

this is true, you did the math, but, there is a but, diff is not "priced in" and increase of the diff is sure as the death, so this may result in the need of another price increase for the miners


nah the difficulty is priced in and is (without all the drama scare stories) suppose to cause an rational. logical and steady incline in price.

EG the october-november 2013 rise was when ASICs hit the market and the difficulty shot up.. (yea then the chinese speculators added more of a price rise) before mtgox shot down the speculation.. to an acceptable level for mining cost/ROI

but if you subtract the scaremonger story speculations and just compare difficulty movements long term you will see that bitcoins price so far follows difficulty and mining equipment costs.. it has yet to factor in the reward halving as that is yet to hit the pockets of miners.... that is still to come
full member
Activity: 140
Merit: 101
January 17, 2016, 02:43:07 PM
#14

Yes. The reward halving has been priced in for some time. Once the markets realize Hearn's departure was a blessing, we should see some movement to the upside. Markets are fickle and always lag behind community sentiment.

If Classic Fork suceeds, then we'll probably be north of $600 and rising by Halving.

If it fails (can't see how, but if it does) then you are south of $300, and dropping, and halving really won't matter.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
January 17, 2016, 02:40:21 PM
#13
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.


Yes. The reward halving has been priced in for some time. Once the markets realize Hearn's departure was a blessing, we should see some movement to the upside. Markets are fickle and always lag behind community sentiment.
legendary
Activity: 3248
Merit: 1070
January 17, 2016, 02:33:42 PM
#12
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.


this is true, you did the math, but, there is a but, diff is not "priced in" and increase of the diff is sure as the death, so this may result in the need of another price increase for the miners
legendary
Activity: 1218
Merit: 1007
January 17, 2016, 02:32:46 PM
#11
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.

Well, to be honest, a "switch" occurring where a price increases or decreases is not an uncommon phenomenon in the stock market.

Sure, there is some pre-event adjustments, but it doesn't matter much until the event occurs and there is either a correction or other movement in the market. It's like a company announcing they will be doubling their available shares; people will sell and the price will go down before the influx of new shares, but the major decrease won't happen until the shares are actually available in the market.


There definitely won't be a mystical price doubling, but there will be an increase once everyone actually has to deal with a reduced supply. If this was to be coupled with an increased demand, there would be a very definitive increase in value.
legendary
Activity: 4424
Merit: 4794
January 17, 2016, 02:30:19 PM
#10
You still have to distinguish between something four years ago versus now. With more publicity, more people would react to the halving than before. It's all we've really talked about for the past year. Halving halving halving. You'd know about it for sure at this point.

and people were talking about the reward halving all of spring, summer and autumn of 2012.. it was all people were talking about..
infact it was one of the main conversations that i kept reading the first days i got into bitcoin at the start of 2012 months before the reward halving..

and do you know what.. the overall price of that year felt stagnant.. and guess what the 9 months before the 2016 reward having has felt like so far.. stagnant.. we have yet to feel the gossip translate into large price movements.. and we wont see the biggest movements until after the reward halving once miners feel like they are losing out..
hero member
Activity: 756
Merit: 500
January 17, 2016, 02:29:44 PM
#9
Last three four days we saw that the price of Bitcoins is going down but it started rising again due to those who believe in and save Bitcoins for the best value in the future. So we can start saving big amount of Bitcoins. Those who bought Bitcoins last week will definitely get the best value of it. What do you think guys?
Eh i dont think its gonna go back upto 450 any time soon. i predict it staying around 400 for a couple of months, atleast until the halfing comes closer.
seems like a good time to buy though.
copper member
Activity: 2562
Merit: 2510
Spear the bees
January 17, 2016, 02:21:54 PM
#8
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.


in november 2012 bitcoin was $10.. and since then it rose.. NOT BEFORE... but AFTER


block reward halving not priced in right now.... miners get too used to this level now($10k a block).. then when their earnings halve($5k) they will expect to get back to $10k+ per block..

so if your looking for any excuse not to buy coin below $400.. continue on that path.. just dont comment in the future that you wish you did
You still have to distinguish between something four years ago versus now. With more publicity, more people would react to the halving than before. It's all we've really talked about for the past year. Halving halving halving. You'd know about it for sure at this point.
legendary
Activity: 4424
Merit: 4794
January 17, 2016, 02:18:31 PM
#7
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.


in november 2012 bitcoin was $10.. and since then it rose.. NOT BEFORE... but AFTER


block reward halving not priced in right now.... miners get too used to this level now($10k a block).. then when their earnings halve($5k) they will expect to get back to $10k+ per block..

so if your looking for any excuse not to buy coin below $400.. continue on that path.. just dont comment in the future that you wish you did
full member
Activity: 140
Merit: 101
January 17, 2016, 02:12:12 PM
#6
Price is stable, trending sideways to up.  

Only thing to watch is Bitcoin Classic.  More Major Supporters coming out will be positive to price overall.  Any negative news that hints substantial roadblock to Classic will lead to selloff.

If you see news that Classic has failed.  Sell everything is my opinion.  You can pick it up again MUCH MUCH lower later.

If it becomes 100% clear that Classic will make it - BUY everything you can get your hands on, and just keep buying until you run out of excess cash.

And THEN start watching news for a Fedcoin.  Sell on Pro Fedcoin.  Buy on Fedcoin obstacles.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
January 17, 2016, 02:11:32 PM
#5
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage

Bro. Reward halving is already priced in. You think its like a switch and as the reward halves that the price will magically go up.
lol. Dont be so foolish.
legendary
Activity: 4424
Merit: 4794
January 17, 2016, 02:09:17 PM
#4
those who complained $450 was not a good time to buy.. should really be buying now.. otherwise you will be crying at the reward halving when the next spike occurs.

bitcoin is cheap. take advantage
Pages:
Jump to: