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Topic: BTC at $435. Is it sustainable? - page 3. (Read 10824 times)

sr. member
Activity: 294
Merit: 250
May 31, 2016, 10:31:22 AM
You see now that the value of the Bitcoin is stable for a long time but now the time will come soon and that the value is going to be more worth and that would be nice of course.
But the bad thing of the Bitcoin is that it can really takes a long time until the value will be more worth so that is really bad and of course there is a time that it is rising.

The bitcoin value or the price was suppressed by the miners selling short the coins when they borrow to buy the miners.
sr. member
Activity: 364
Merit: 250
May 31, 2016, 09:28:28 AM
You see now that the value of the Bitcoin is stable for a long time but now the time will come soon and that the value is going to be more worth and that would be nice of course.
But the bad thing of the Bitcoin is that it can really takes a long time until the value will be more worth so that is really bad and of course there is a time that it is rising.
full member
Activity: 239
Merit: 250
May 31, 2016, 06:35:32 AM
The price is $535 in the Bitstamp. That is lower than the price in some Chinese exchanges. So the price will rise again.

I do not wish the price to rise too fast, fast pump will lead to big dump. If the price consolidates here, it is fine.

If the price rises slowly, in line with the usage or the mass adoption of the bitcoin, that is good for the bitcoin.
sr. member
Activity: 308
Merit: 250
May 31, 2016, 03:54:26 AM
The price is $535 in the Bitstamp. That is lower than the price in some Chinese exchanges. So the price will rise again.

I do not wish the price to rise too fast, fast pump will lead to big dump. If the price consolidates here, it is fine.
member
Activity: 99
Merit: 10
May 29, 2016, 02:36:32 PM
The price is $535 in the Bitstamp. That is lower than the price in some Chinese exchanges. So the price will rise again.
sr. member
Activity: 294
Merit: 250
May 27, 2016, 01:35:04 AM
The price is $475 at some exchanges. If the price does not drop below $460 in the next few weeks, it is a break out.
full member
Activity: 151
Merit: 100
May 26, 2016, 09:00:46 AM
The price has dropped to around $435 recently. But it recovered soon after. So $435 is the bottom.
legendary
Activity: 1232
Merit: 1091
May 25, 2016, 07:13:57 PM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.

Given all the drama around the block size, confirmed news about it being resolved (even in the future) will lead to the price shooting up.
I will believe news about changes to the block size when it actually happens.  Smiley

Exactly! I also only believe it when I see the block size increase is implemented into Bitcoin Core. As long as that isn't the case, for me it doesn't have any value. Action speaks louder than words.
legendary
Activity: 1232
Merit: 1000
May 25, 2016, 06:57:22 PM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.

Given all the drama around the block size, confirmed news about it being resolved (even in the future) will lead to the price shooting up.
I will believe news about changes to the block size when it actually happens.  Smiley
legendary
Activity: 2436
Merit: 1008
May 25, 2016, 10:41:58 AM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.

Honestly with no doubt, the resolvement of the block size issue that held a debate for a long time is one of the factor of the new changes in bitcoin that can increase the hopes of it's users. With this factor, really expect a high price plus the upcoming halving. So it will be really multiple major events in bitcoin.
sr. member
Activity: 294
Merit: 250
May 25, 2016, 03:32:36 AM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.

If the block size is increased to 2MB in July as promised in the Hong Kong meeting, the price will rise a lot.
full member
Activity: 239
Merit: 250
May 23, 2016, 08:03:04 AM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.

If the block size is increased before the halving, and the price rises slowly, there will not be big dump of the price.
legendary
Activity: 896
Merit: 1000
May 20, 2016, 09:09:22 AM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.

there is too much hype around the block halving which will only result in disappointment. once the block halving is done, the price will indeed start tanking. partly due to the disappointment people have, and the other part will be the vanishing hype and speculation in the price.
legendary
Activity: 3276
Merit: 2442
May 20, 2016, 08:47:37 AM
Seems it is not. But m-Eth pump may also be affecting btc prices at the moment. To me, 450$+ is a bubble right now. After the halving we will see bigger drops in price i believe. May even see 390-400$'s.
full member
Activity: 121
Merit: 100
May 20, 2016, 08:42:16 AM
The price is $435 in some exchanges today. So the consolidation period is almost 6 months. The price will rise high.
member
Activity: 110
Merit: 10
May 20, 2016, 08:32:03 AM
Bitcoin is getting more worth and that is nice because you also see now that there are a lot of people now that is holding their coin so that is really nice for the Bitcoin itself.
But some people says that it is rising now but it is now rising slowly and it needs to to reach a higher value.
newbie
Activity: 21
Merit: 0
May 20, 2016, 07:55:33 AM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?

We're doing pretty good, OP. Up almost $7 since you posted half a year ago.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
May 20, 2016, 07:45:55 AM
The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.

Yeah the price $500 is not near. It takes more time as you have suggested because the price is getting stable for a long time. The price is much closer to the $435 tag, so in the coming days if price goes down to $435 value might be stable for even more time.
legendary
Activity: 2436
Merit: 1008
May 19, 2016, 01:39:06 PM
The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.

For today yes, but if we will talk about what halving can really bring to the price, $500 is really a must to happen as a new bottom rather than going back again for below $500 range.
full member
Activity: 151
Merit: 100
May 19, 2016, 01:33:09 PM
The bitcoin price has been over $435 for a few weeks. It seems the $435 will be a good bottom.

If we will based on the expected result of the upcoming halving, $435 as bottom isn't reasonable. It should be around $500 as new bottom since more changes will happen once halving start. Miners need reasonable rewards. Not a cheap rewards.

It will still take a few weeks or months for the price to go higher than $500. It is very stable below $500.
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