BTC is going up and up - page 4. | Bitcointalksearch.org

bit1

legendary

Activity: 938

Merit: 1000

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

A dump to this point $750 in next months seems unlikely if that happens other investors snatching those cheap BTC.

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: co5hike on June 19, 2016, 11:04:31 AM

Quote from: el kaka22 on June 19, 2016, 05:49:50 AM

Quote from: elDano on June 18, 2016, 12:08:15 PM

I hope to see the price go up a few 100 dollars, so we have a round number 1000 dollar.
From there I don't see it happening the price will increase more. But perhaps I am wrong and people will buy more.

It always depends on oneself could affect the price, however I deem that $1000 is near specially halving is near more and more people are buying BTC. We just have to hope that it would raise its value to higher than we expect for a better profit.

$1k is possible to achieve at the time of halving, as we are seeing price is moving up and down continuously and it will go high as we get closer to halving, but it may fall after the halving is over.

Correct, but we could possibly see even double of 1k as this is a market full of speculations, and it will show us something what we can't even expect.
Green marks are being painted for future lines.

co5hike

hero member

Activity: 798

Merit: 1000

Quote from: el kaka22 on June 19, 2016, 05:49:50 AM

Quote from: elDano on June 18, 2016, 12:08:15 PM

I hope to see the price go up a few 100 dollars, so we have a round number 1000 dollar.
From there I don't see it happening the price will increase more. But perhaps I am wrong and people will buy more.

It always depends on oneself could affect the price, however I deem that $1000 is near specially halving is near more and more people are buying BTC. We just have to hope that it would raise its value to higher than we expect for a better profit.

$1k is possible to achieve at the time of halving, as we are seeing price is moving up and down continuously and it will go high as we get closer to halving, but it may fall after the halving is over.

nururochac

full member

Activity: 182

Merit: 100

Quote from: d5000 on June 17, 2016, 09:58:38 AM

If Bitcoin continues to go up so fast like in the past weeks, it will also go down fast.

Reason: Such a fast uptrend can only be caused by speculation, not by adoption. When the uptrend takes a break, then many people will sell to take their profits. That can result in a crash and a new bear market.

But if the Bitcoin community manages to "catch up" with the uptrend by providing real services "for the masses" that justify the increase in price, then the uptrend can continue. But that would mean that the price must stay reasonably stable for some time (at least some weeks).

The actual little correction may be healthy, if we manage to stay in the price range between 600 and 800 for a while. If we go further down, all the uptrend may be in vain and we probably will see sub-500 prices again.

I think as long as there are buyer who's will to buy on the one who is selling, it will not really dump that big, cause a buyer who's to buy some coins is still a demand.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: elDano on June 18, 2016, 12:08:15 PM

I hope to see the price go up a few 100 dollars, so we have a round number 1000 dollar.
From there I don't see it happening the price will increase more. But perhaps I am wrong and people will buy more.

It always depends on oneself could affect the price, however I deem that $1000 is near specially halving is near more and more people are buying BTC. We just have to hope that it would raise its value to higher than we expect for a better profit.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: d5000 on June 18, 2016, 10:21:39 PM

Quote from: NewInCryptoCurrency on June 17, 2016, 03:53:09 PM

That's a key thing that people tend to forget. The price goes up fast, which means there is no stable floor.
Because it is going up this means not it stays like this forever.

Exactly. That these floors work, we saw most notably in 2013 and 2014:

- first in the aftermath of the first rally of the year. Then the price went, one day, down to about $50. This number was the only time where the price was stable for more than a few hours (in fact, it was there about a week).
- in the 2014 bear market, the bottom was in the 150s. That was the price level where the Bitcoin price remained some weeks before the great October/November rally.

In 2016 the only floors of this kind I can see are: first, a strong one, at about USD 410, and second, a weaker one, between 560 and 585. If we see a real correction, I predict it will go down to one of these too levels - if we're lucky and the market stays relatively bullish, the 560 one, and otherwise the 410 one. I don't expect it to go lower than that.

Do you think it's a good idea to sell BTCs now to buy them later when the price goes down?

The BTC price really increased a lot in a very small interval time. It's not normal for the coin price stability. I was very cheerful with the new BTC prices, but looking the possibilite to see the price going down again it's a bit worrisome.

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Quote from: NewInCryptoCurrency on June 17, 2016, 03:53:09 PM

That's a key thing that people tend to forget. The price goes up fast, which means there is no stable floor.
Because it is going up this means not it stays like this forever.

Exactly. That these floors work, we saw most notably in 2013 and 2014:

- first in the aftermath of the first rally of the year. Then the price went, one day, down to about $50. This number was the only time where the price was stable for more than a few hours (in fact, it was there about a week).
- in the 2014 bear market, the bottom was in the 150s. That was the price level where the Bitcoin price remained some weeks before the great October/November rally.

In 2016 the only floors of this kind I can see are: first, a strong one, at about USD 410, and second, a weaker one, between 560 and 585. If we see a real correction, I predict it will go down to one of these too levels - if we're lucky and the market stays relatively bullish, the 560 one, and otherwise the 410 one. I don't expect it to go lower than that.

Cozynunu

sr. member

Activity: 336

Merit: 250

The price is very high at the moment. Many of us have sold their coins, and others are holding.
I belong to the latter since i see enough room for bitcoin to grow more. Much more.

elDano

sr. member

Activity: 256

Merit: 250

I hope to see the price go up a few 100 dollars, so we have a round number 1000 dollar.
From there I don't see it happening the price will increase more. But perhaps I am wrong and people will buy more.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: crossabdd on June 18, 2016, 11:42:22 AM

Quote from: Qunenin on June 18, 2016, 05:19:48 AM

Quote from: crossabdd on June 18, 2016, 05:11:24 AM

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

This obviously will continue to increase, until really very close to halving. we could see the price reach $800-1000.
I believe this, because I saw a few days back, prices are rising very fast and unpredictable.

It was already predicted that price would rise near halving and this is now happening as per expected. Just wonder how long further this price increase will continue and what is the Max. price bitcoin can reach this time at halving. I wish it reaches all time high value .

the current price of nearly $800, maybe tomorrow we could see it, and accordance with my prediction the price will be in the range of $900-1000, and it was the peak when halving.

Yeah its possible to achieve the price of $800 tomorrow as now we are very close to it and halving will surely show us some exciting price of bitcoin.

crossabdd

legendary

Activity: 1316

Merit: 1145

Quote from: Qunenin on June 18, 2016, 05:19:48 AM

Quote from: crossabdd on June 18, 2016, 05:11:24 AM

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

This obviously will continue to increase, until really very close to halving. we could see the price reach $800-1000.
I believe this, because I saw a few days back, prices are rising very fast and unpredictable.

It was already predicted that price would rise near halving and this is now happening as per expected. Just wonder how long further this price increase will continue and what is the Max. price bitcoin can reach this time at halving. I wish it reaches all time high value .

the current price of nearly $800, maybe tomorrow we could see it, and accordance with my prediction the price will be in the range of $900-1000, and it was the peak when halving.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Qunenin on June 18, 2016, 05:19:48 AM

Quote from: crossabdd on June 18, 2016, 05:11:24 AM

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

This obviously will continue to increase, until really very close to halving. we could see the price reach $800-1000.
I believe this, because I saw a few days back, prices are rising very fast and unpredictable.

It was already predicted that price would rise near halving and this is now happening as per expected. Just wonder how long further this price increase will continue and what is the Max. price bitcoin can reach this time at halving. I wish it reaches all time high value .

I think we'll see the price increase to $1000 and perhaps stay there for a day or so, but it will not last long as the market is full of speculation at this point.

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: crossabdd on June 18, 2016, 05:11:24 AM

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

This obviously will continue to increase, until really very close to halving. we could see the price reach $800-1000.
I believe this, because I saw a few days back, prices are rising very fast and unpredictable.

It was already predicted that price would rise near halving and this is now happening as per expected. Just wonder how long further this price increase will continue and what is the Max. price bitcoin can reach this time at halving. I wish it reaches all time high value .

rjclarke2000

legendary

Activity: 1358

Merit: 1016

I'd be happy with over $750 after halving. Even better would be 8-900 and then the enevitable sell off after halving by people looking to make a quick buck and take profits which hopefully can bring it to a stable 750+ In the weeks after.

2020 should be interesting for the next halving but there will be yet more hurdles and challenges to overcome between now and then. It'll be a hell of a ride.

crossabdd

legendary

Activity: 1316

Merit: 1145

Quote from: Vaccinus on June 18, 2016, 04:10:06 AM

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

This obviously will continue to increase, until really very close to halving. we could see the price reach $800-1000.
I believe this, because I saw a few days back, prices are rising very fast and unpredictable.

Vaccinus

sr. member

Activity: 406

Merit: 250

Quote from: hermanhs09 on June 18, 2016, 03:03:15 AM

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

don't know if 750 will hold really, it can be the peak, let's wait and see, i'm still worried about the dump, we need a slow increase this fast increase is bad i think, maybe just chnese are pumping because of the halving

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: d5000 on June 17, 2016, 09:58:38 AM

If Bitcoin continues to go up so fast like in the past weeks, it will also go down fast.

Reason: Such a fast uptrend can only be caused by speculation, not by adoption. When the uptrend takes a break, then many people will sell to take their profits. That can result in a crash and a new bear market.

But if the Bitcoin community manages to "catch up" with the uptrend by providing real services "for the masses" that justify the increase in price, then the uptrend can continue. But that would mean that the price must stay reasonably stable for some time (at least some weeks).

The actual little correction may be healthy, if we manage to stay in the price range between 600 and 800 for a while. If we go further down, all the uptrend may be in vain and we probably will see sub-500 prices again.

When prices are raising all the people are happy and they wait for more rise so that they may sell for even more profit. Hence no selling results in more high price.But if price starts to dip then a panic is created and everyone tries to sell, which cause more decrease in prices.

hermanhs09

hero member

Activity: 574

Merit: 500

Yeah definitely. Right now the bitcoin price is stabilizing at around $750 or so and it seems like $700 is the new floor. I think it'll definitely go up once more in a mass scale before the halving.

This is fantastic for BTC holders Tongue

Cyaren

sr. member

Activity: 294

Merit: 250

The price is definitely going up currently but I don't think this is going to be the highest price we'll see. We're a long way away from the all time high. But yes, halving is making BTC go up and up.

Great to see all those people who are now in positive profits with BTC Tongue

martinacar

sr. member

Activity: 462

Merit: 250

Yes the bitcoin will go up for sure, it has a good future and it will continue rising like it has been doing right now because of the chinese people.
We also will have the halving very soon so that is good.

Topic: BTC is going up and up - page 4. (Read 7331 times)