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Topic: Gentlemen, i think it's safe to say we're the new halving elite (Read 7610 times)

legendary
Activity: 1106
Merit: 1005
October 04, 2015: $240 BTC/USD
May 27, 2016: $480 BTC/USD

And this is just the beginning. We're the new halving elite. Cool

damn right it's just the beginning

not even close to the end of the bull run
hero member
Activity: 658
Merit: 503
Bear with me
October 04, 2015: $240 BTC/USD
May 27, 2016: $480 BTC/USD

And this is just the beginning. We're the new halving elite. Cool
legendary
Activity: 1260
Merit: 1000
If $300 holds, which seems like it probably will, halving will probably get us $450-600 now.  Not bad.

 Cheesy

You're in for a surprise.

If I'm in for a surprise, that surprise will be going higher because it sure as hell isn't going to tank with whale support keeping it above $300.  Some little kid shorters on Bitcointalk who fail shorted at $290 think they can "talk" it lower.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
If $300 holds, which seems like it probably will, halving will probably get us $450-600 now.  Not bad.

 Cheesy

You're in for a surprise.
legendary
Activity: 1442
Merit: 1016
If $300 holds, which seems like it probably will, halving will probably get us $450-600 now.  Not bad.

$600 end of August beginning of september 2016 would definitely possible if we hold the 300 now.And it seems to look really good. Maybe 400 until the end of this year and the next one might going crazy ways up. Grin
legendary
Activity: 1260
Merit: 1000
If $300 holds, which seems like it probably will, halving will probably get us $450-600 now.  Not bad.
legendary
Activity: 1260
Merit: 1000
Cyndi Lauper wrote a song about the rise of Bitcoin in 1985, explains everything perfectly, read the lyrics:

http://www.youtube.com/watch?v=8sKbvN--oH8
legendary
Activity: 1232
Merit: 1091
Nice timming OP. When you made this thread we still had a lot of doubters. "Ohh Bitcoin is doomed, it will never go 300+". Recently we are staying on the 300 range in a nice healthy way. I can't wait until June 2016 until all the doubters become panic buyers and the price goes higher than anything that would be deemed a sane prediction right now.

People who always scream NO! Are missing the best chances and buy at high's just to not lose another opportunity. My guess that we are heading towards the $350 price point the comming weeks.
hero member
Activity: 672
Merit: 503
Nice timming OP. When you made this thread we still had a lot of doubters. "Ohh Bitcoin is doomed, it will never go 300+". Recently we are staying on the 300 range in a nice healthy way. I can't wait until June 2016 until all the doubters become panic buyers and the price goes higher than anything that would be deemed a sane prediction right now.
legendary
Activity: 1106
Merit: 1005
I am optimistic about the halving. Smiley
Expecting a $1000+ lol

Well, I am one of those guys who is going to hodl for a couple of years at least. No matter prices go beyond $1000 or not, I am not gonna sell. Long-term investment.  Cool

Wouldn't be surprised if it happens.  Bitcoin has been off the media radar for a long time and as soon as the media starts posting "Bitcoin massively increasing in price!", incoming new bubble.

you can already see the amount of google searches going up (trends.google.com)

It's not anywhere near 2013 levels but it's growing fast. Once media picks this up, more people will become interested, which will trigger more buys, which will create a positive feedback loop

$1000 is not unlikely at all.
legendary
Activity: 1260
Merit: 1000
I am optimistic about the halving. Smiley
Expecting a $1000+ lol

Well, I am one of those guys who is going to hodl for a couple of years at least. No matter prices go beyond $1000 or not, I am not gonna sell. Long-term investment.  Cool

Wouldn't be surprised if it happens.  Bitcoin has been off the media radar for a long time and as soon as the media starts posting "Bitcoin massively increasing in price!", incoming new bubble.
legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
I am optimistic about the halving. Smiley
Expecting a $1000+ lol

Well, I am one of those guys who is going to hodl for a couple of years at least. No matter prices go beyond $1000 or not, I am not gonna sell. Long-term investment.  Cool


If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.

It is exactly the other way round. If everyone expects the price of something to go up, it WILL go up. In the same way, if everyone expects the price to go down, they would naturally sell causing the price to actually go down. That is true for just about anything.
legendary
Activity: 1260
Merit: 1000
Took picture of chart too soon, it went up more.  If we break $300 anytime soon, the halving is gonna go way beyond my initial speculation of $400-450.
legendary
Activity: 1260
Merit: 1000


Such coin wow
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Too many people insta selling LTC for BTC for it to be looked at for a comparison.  BTC is sold for Fiat not alt coins it's a different animal.

Agree. Those two halvings cannot be compared in equal condicitions.

But I think that price is still to go up a bit due to the halving. Miners are likely to wait a little before getting hold of their Bitcoins yet.
legendary
Activity: 1722
Merit: 1000
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Too many people insta selling LTC for BTC for it to be looked at for a comparison.  BTC is sold for Fiat not alt coins it's a different animal.
zby
legendary
Activity: 1594
Merit: 1001
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Probably because most people in the altcoin section don't believe Litecoin's market cap is warranted compared to other alts?  Litecoin price has nothing to do with Bitcoin price.  Litecoin could easily go to 1/10th of it's value while Bitcoin goes to 10x it's current value.  There's nothing to compare between the two.

The mechanism of halving is the same in bitcoin and in litecoin - if it did not work for LTC then it will not work for BTC.


And it did work for LTC. It went from 1 dollar, to 8 dollar, to 3 dollar. So the price more than doubled tripled even after the halving bubble deflated.

That is ignoring that it first dropped from 55 dollars to 1 dollar. Even without halving I would expect some dead cat bounce.
hero member
Activity: 644
Merit: 503
Nothing wrong in comparing the trend situations of litecoin which faced it's first halving recently. Litecoin prices jumped more than double then settled on double to make sure the miners profit regardless of half mining rewards. Why not same will happen to bitcoin....

I guess it makes sense to compare two crypto-currencies at similar points in their history, e.g. LTC just before the block reward halving with BTC just before its first reward halving. I'm much less convinced that we can gain much insight from comparing BTC now (i.e. before its second halving) with LTC (before it's first and only halving). 70% of total BTC is already mined - the remaining 30% will be distributed over the next 200 years. In contrast, LTC still has (over?) half its total still to be mined. I'll be disappointed if BTC's next halving results in similar results to LTC's first halving.
legendary
Activity: 1386
Merit: 1058
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Yes, but isn't Litecoin like a dead coin with no future? On all of the forums everybody keeps repeating this and the price drop and development activity suggest this.

On the other side, Bitcoin has dropped in price a lot but not 48 times as the price of Litecoin. Also I don't even need to repeat about all of the investments, etc in the Bitcoin ecosystem. It's strange to me to compare Litecoin halving and Bitcoin halving.

Nothing wrong in comparing the trend situations of litecoin which faced it's first halving recently. Litecoin prices jumped more than double then settled on double to make sure the miners profit regardless of half mining rewards. Why not same will happen to bitcoin....
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
The halving in LTC does not inspire much hope for bitcoin.  There was some nice anticipation rally - but the halving itself did not stop the crash and looks like it will not get it back high neither.

Yes, but isn't Litecoin like a dead coin with no future? On all of the forums everybody keeps repeating this and the price drop and development activity suggest this.

On the other side, Bitcoin has dropped in price a lot but not 48 times as the price of Litecoin. Also I don't even need to repeat about all of the investments, etc in the Bitcoin ecosystem. It's strange to me to compare Litecoin halving and Bitcoin halving.
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