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Topic: Everyone is hyping about bitcoin price in 2016 - page 13. (Read 10723 times)

newbie
Activity: 1
Merit: 0
its nothing anywhere close to what it was a few years ago
hero member
Activity: 756
Merit: 500
Don't be concerned, if you are then you may have too much invested in Bitcoin.  It should be fun and interesting to watch this year. Can't see it crashing after the halving but that is just speculation.  I am hoping for a great year of positive press for Bitcoin, it needs that before a major price increase.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
why are you worried?
It is not only me. I think every HODLer is worried. Because there would be a crazy dump as soon as the price crosses 500 next time. From a HODLer's perspective, a reason to increase price in far future is also important as well as in near future.

If there is a crazy dump and price goes low there will be many who see the new low price as a value, who will buy and hold,and there will be traders seeing a bottom and also buying....and price will rise again.

Again, this is how trading works.  Trends go farther than people expect until enough market participants agree it is clearly overbought or oversold.  Then price is pulled in the opposite direction. It goes back and forth until an equilibrium is reqched .  at that point volatility settles down until a new sentiment hits the market and price breaks out in one direction or another to find a new area of agreement and the process starts all over.  This is how markets have always worked and probably always will.
legendary
Activity: 1302
Merit: 1027
This is not hype what almost everyone is saying and talking about regarding a significant increase in price of Bitcoin in 2016.The halving of blocks will have huge impact and will give a stability and speculation to Bitcoin.

ya it is true and what you said is correct, hype is some users telling about price going beyond $1000 that is hype , normaly it goes $500 or above is according to the demand and market fluctuation and if some good news comes for bitcoins. Their are big players who are manupalating the market so some time price give high fluctuations.
hero member
Activity: 672
Merit: 500
This is not hype what almost everyone is saying and talking about regarding a significant increase in price of Bitcoin in 2016.The halving of blocks will have huge impact and will give a stability and speculation to Bitcoin.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
It's not just bitcoin that is hyped for 2016. The blockchain, Ethereum, and IoT too. Just look at this piece at CoinDesk:

http://www.coindesk.com/16-blockchain-tech-predictions-2016/

Back in late 2014 and early last year, all the hype was about alts, and how alts would change the world. MaidSafe, Monero, etc.. Now they're all in the background. You actually don't have to worry a thing.
legendary
Activity: 1400
Merit: 1009
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
It will surely crash after a big pump, i'm hoping to see the price stabilization at 600$.
we/i don't know any of the incident which could boost price of bitcoin in 2017/18.
legendary
Activity: 1610
Merit: 1183
The general psychology of the market is very bullish, there's no doubt about this at this point. It's pretty much granted we are going to see some serious stuff happening at around the halving time, the question is, how high will it go, and how low will it correct? And more importantly, are you willing to short to profit from it, or is it too much risk and you will hold it out? That's what im thinking about pretty much daily now.
legendary
Activity: 1596
Merit: 1027
Yeah, everyone is expecting to see the price go to new levels.

According to what's going on lately, a price rise is a probable outcome. There are many probable causes for this price surge, but mainly many community members point to the halving as the main factor that will trigger a new price rise.
I for myself, see the adoption rate rising at a fast pace; new startups getting a lot of funding to invest in the industry and a lot of steam in the whole ecosystem all make some good signs that Bitcoin might get to new highs.

As for it to be able to maintain higher grounds I'm not so sure about that, since many experts are already saying that the halving is already accounted for!
sr. member
Activity: 493
Merit: 250
Live by your own rules
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
bitcoin prices in early 2016 were not too many changes, but many predict bitcoin prices will continue to rise in 2016, may reach $ 600, and I think no one knows exactly what will happen in the bitcoin halving, and the period 2017-18 will be more difficult to predict because we do not know what happened to halving bitcoin.
member
Activity: 65
Merit: 10
I atleast try to sell stuff
I say it's gonna be great,shitty,decent this works like stocks there no
fool proof way to see whats going to happen but i will the scrubs think what they will.
legendary
Activity: 1946
Merit: 1007
I don't think you have anything to worry about. This price will probably the floor for the coming years, maybe it will even be higher.

If you bought your coins below or at this level, the chance of losing out is quite low.
legendary
Activity: 1358
Merit: 1000
Bitcoin is going fantastic, time for some time offf R&R

Going to be one helluva a busy time a couple of months out from the halving  Grin
member
Activity: 70
Merit: 10
Just like any other currency, there are always some things that determining how the currency will behave in the economy. people are talking of the prices in this year because they are so sure that it is a year when the bitcoin trading will grow more than ever before. personally, i do think there is greater than just 2016 and when the coin is accepted in  a few countries, we will do fine and the years to come will be even greater.
legendary
Activity: 1138
Merit: 1035
Bitcoin accepted here
It looks like Bitcoin is going to be heavily hyped this year.

THOUGHT BITCOIN WAS DEAD? 2016 IS THE YEAR IT GOES BIG
legendary
Activity: 1218
Merit: 1006
Price is not only increased due to events like halving but there are lots of other unexpected things that could happen in market like pumping, bubble, manipulation this all affect the market or price moves. Upcoming halving seems to move price up like everybody expecting and after that nobody knows the future.
hero member
Activity: 784
Merit: 501
why are you worried?
It is not only me. I think every HODLer is worried. Because there would be a crazy dump as soon as the price crosses 500 next time. From a HODLer's perspective, a reason to increase price in far future is also important as well as in near future.
legendary
Activity: 3374
Merit: 1824
I have to say that bitcoin price worry me at the moment.
If we don't see price increase in this year more people can loose confidence in bitcoin and give up.
If less people use bitcoin merchants will be less inspired to accept bitcoin.
If such scenario happen we will not see any breakthrough with bitcoin soon.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
People re not hyping cause of some temporary effect like it was during the last price jump. This halving s PERMANENT, it s going to cut the supply in half. If it would happen tomorrow, the price would go up. Since it s based on real and verifiable supply reduction, the price will stay up this time.


Unless Satoshi decided to sell his 1 million BTC.  Grin
legendary
Activity: 1134
Merit: 1000
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

To have "hope" or "reasons" who can create a concern about the crash of bitcoin in that period mentioned by OP must exist at least one data or even one sign about this event. Since this moment I have not any reason to guess the happening of a such event. Any kind of data and any kind of sign. All the previous (during this day) period show and testify the total opposite of this concern (make stay quiet and satisfied about it) and not the opposite possibility. Double of the bitcoin transactions in 2015 compared to those made at 2014, increase and/or stability of price (like never before) during all the 2015, the halving which almost for sure may cause an increase of it (price), more spread and adaption (every day more) from existing and new countries (there is a page in Wikipedia which give an overall view - based on data - about this) or even other data that for the moment don't came in my mind. So my question is: why such concerns about the crash of the price of bitcoin after the halving?
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