Bitcoin's Price Starting to Go Up.... - page 5.

DimensionZ

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Quote from: tiggytomb on April 21, 2016, 04:14:45 PM

The news that Steam will be adding bitcoin as a payment option will probably have something to do with a rise also.

Yeah mate I am eagerly waiting Steam to include Bitcoin at checkout. Steam is the biggest online games retailer and Bitcoin will gain massive exposure to million of gamers around the world. If Steam offers also bigger discounts if we buy with Bitcoin this would be great. The 3rd party resellers of Steam gift cards and games always have had a premium on the prices compared to the Steam shop so now we could get cheaper games with Bitcoin through the official shop.

Herbert2020

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Quote from: Jemzx00 on April 21, 2016, 01:05:34 PM

I think the increase of price of bitcoin today is the promising start of the effect of the incoming Bitcoin Halving Event.. I heard that there's already some sites that is starting a countdown...
I think it's the time for traders to make money faster than before.

there are a lot of different things at work here that are causing bitcoin price to rise , the block halving is one of them which also has the biggest effect.
the recent rise IMO was mostly because of the ETH dump, and all those investors who got out of bitcoin to buy ETH are now comming back.

adibe

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Quote from: Jemzx00 on April 21, 2016, 01:05:34 PM

I think the increase of price of bitcoin today is the promising start of the effect of the incoming Bitcoin Halving Event.. I heard that there's already some sites that is starting a countdown...
I think it's the time for traders to make money faster than before.

Yeah, the price of bitcoin increase since two days ago until now. And i think it's because halving, and it will keep increase until the halving coming.

Vaskiy

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Quote from: xIIImaL on April 21, 2016, 11:50:55 PM

Quote from: Gubzy on April 21, 2016, 10:26:17 PM

That's good that the price is going up, but I don't quite understand the halving, if it's reward halving then won't that bring the price up too.

Most of the threads are related to bitcoin halving only, Halving is best event in bitcoin which is happen in every four years.
This is event which is deciding the price, range, Adoption and many more. I hope most of the person will hold the bitcoins due to this...

Agreed as of now the price rise today gives an effective start to bitcoin halving, the hype will be obtained within few weeks, halving can be a good chance for traders and merchants to make money.

amiryaqot

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That is just beginning of the new era this time price will be skyrocket there, after some crisis when it was down so now all situation is clear and that the reason price is rising up slowly slowly, some economical surveys showing great future and it will cross $2500 before end of this year.

Gubzy

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This halving is gonna be awesome if it massively brings up the price. And it will get bitcoin some more publicity.

xIIImaL

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Quote from: Gubzy on April 21, 2016, 10:26:17 PM

That's good that the price is going up, but I don't quite understand the halving, if it's reward halving then won't that bring the price up too.

Most of the threads are related to bitcoin halving only, Halving is best event in bitcoin which is happen in every four years.
This is event which is deciding the price, range, Adoption and many more. I hope most of the person will hold the bitcoins due to this...

richjohn

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Wow. Halving is still far and yet the price is starting to go up. I think it will reach $600 after the halving.

tvbcof

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Quote from: Kprawn on April 21, 2016, 01:37:38 PM

The Halving is still 81 days away, ...

Fuck. really!?! Last time it happened seems like just a few years ago to me. Damn, I guess you are right. Good things happened last time, though it took a bit of patience as I recall. Let's hope to see it again.

delliaerd

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Yeah obviously the halving make big affect to how much the price of bitcoin. Usually the price increases highly.. i am really wait it to happen.

MFahad

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Quote from: Jemzx00 on April 21, 2016, 01:05:34 PM

I think the increase of price of bitcoin today is the promising start of the effect of the incoming Bitcoin Halving Event.. I heard that there's already some sites that is starting a countdown...
I think it's the time for traders to make money faster than before.

i m agree with you, bitcoin price is increasing day to day, because of halving is coming, and mostly people want to use halving because it is a easy way to get profit without any hardworking, in halving your amount will be double.

Gubzy

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That's good that the price is going up, but I don't quite understand the halving, if it's reward halving then won't that bring the price up too.

mark coins

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Quote from: setupbounds on April 21, 2016, 04:43:21 PM

if bitcoin prices get lowered after reaching a certain point, it happens then bitcoin will useless and not have worth. I think that time most of people will leave bitcoin.
it will never happen.

Price will keep on moving up at a moment, And I don't think it will fall in next couple of months, it has already crossed $450 mark and we can expect better in coming months.

setupbounds

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if bitcoin prices get lowered after reaching a certain point, it happens then bitcoin will useless and not have worth. I think that time most of people will leave bitcoin.
it will never happen.

Coindropper

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I'm thinking that the halving effect will ~10 weeks from the halving. People won't get the hype until a few weeks till the halving, because you know how impatient humanity is.

geopolisch

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Quote from: Kprawn on April 21, 2016, 01:37:38 PM

The Halving is still 81 days away, so it is a bit early to make such statements. ---> http://www.bitcoinblockhalf.com/ ... I should think we would see a breakout around about a month before the

Halving takes place, when the hype surrounding this event will pick up speed in the media. I am however not anticipating a huge price difference between the current price and what we will have

prior to this event. I speculate a possible price of about $600 US at it's highest peak. Roll Eyes

The price already 450$.I think at halving it will touch to 1000$ very easily. Just wait and see the rise in the prices at a very fast rate
like never before

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Quote from: n0ne on April 21, 2016, 01:19:44 PM

Quote from: Jemzx00 on April 21, 2016, 01:05:34 PM

I think the increase of price of bitcoin today is the promising start of the effect of the incoming Bitcoin Halving Event.. I heard that there's already some sites that is starting a countdown...
I think it's the time for traders to make money faster than before.

Due to the start of count down and the increase in price over the recent days we can't conclude as the halving effect has started. I believe it is the normal increase that happens often with price fluctuations.

I agree with this point of view.Halving is still one year away and there is not going to any price effect so early.I think people who sold few weeks back are now looking to buy back and this is the reason for price hike.I think it will fall again next week

tiggytomb

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The news that Steam will be adding bitcoin as a payment option will probably have something to do with a rise also.

98789

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I was going to criticize the statement in the OP, I had not checked that the price had actually gone up (I thought it was one of the minor fluctuations that have happened since like two weeks ago). Anyway, ~450 USD per BTC (current rate and weekly high) is not that impressive (to say Bitcoin is about to skyrocket, nor to "blame" the halving for it), we had already seen prices around the 450 within the last 6 months.

By the way, I would love BTC price to rise enough for my being able to buy a new (decent) laptop with the BTC I have (around 0.6, I would need every BTC to be worth like 800 USD, not very realistic for the short term Grin

).

CryptoJeweler

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Quote from: Jemzx00 on April 21, 2016, 01:05:34 PM

I think the increase of price of bitcoin today is the promising start of the effect of the incoming Bitcoin Halving Event.. I heard that there's already some sites that is starting a countdown...
I think it's the time for traders to make money faster than before.

Hi Jemzx00,

Yes and The price of bitcoin passed $448 for the first time in two months today on the CoinDesk USD Bitcoin Price Index (BPI) to reach a press-time total of $448.50.

Thank you
CryptoJeweler

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