Topic: How SOON will the BTC rally begin? - page 3. (Read 6990 times)
It's too easy and seemingly obvious that everyone has their hearts set on the halving before anything major changes but we all know this market does its own thing regardless. Newer options to bring in higher net worth types can instill new demand which is what drives the price so I'd bet we get a decent rally sometime in the fall and perhaps another mega rally leading up to the halving.
next big bitcoin rally will when reward halving occurs. before that we can see some price bumps but can't expect a big rally
I don't think the price will rally in the near future, even after the halving in 2016, it is no matter of the supply, it is the matter of demand. The users base needs to increase (adoption rate) , the price will increase at the same time! It cannot rally dramatically overnight!
If price doesn't go up with the halving half the network will have to shut down.Demand shouldn't have to depend on block halving. If demand is there in sufficient numbers then halving makes no difference.
It has exploded upwards and plummeted, been declared dead and the saviour of all of us. All the while the exact same number of coins were being pumped out.
... but the downside risk is still huge considering that the market has to absorb about $700K of newly mined BTC every day (at the current price).
It doesn't have to absorb it until it's put on exchange or sold OTC.
Miners have to pay their expenses and make a living. Some newly mined coins are stashed, but at the same time, other miners might be selling some previously stashed older coins. I would still expect 3000 BTC/day to be a reasonable selling pressure estimate coming from mining.
Once the current Chinese stock market rally slows down and traders start taking profit, there will definitely be some new demand for BTC from them. Shanghai stock exchange index is already parabolic, so the reversal may happen any time. Until then, we may have a slow drift up based on the good news, but the downside risk is still huge considering that the market has to absorb about $700K of newly mined BTC every day (at the current price).
It doesn't have to absorb it until it's put on exchange or sold OTC.
Nobody knows. It can be days, months, maybe 2016. I don't believe it will be later than 2016 though.
Once the current Chinese stock market rally slows down and traders start taking profit, there will definitely be some new demand for BTC from them. Shanghai stock exchange index is already parabolic, so the reversal may happen any time. Until then, we may have a slow drift up based on the good news, but the downside risk is still huge considering that the market has to absorb about $700K of newly mined BTC every day (at the current price).
I don't think the price will rally in the near future, even after the halving in 2016, it is no matter of the supply, it is the matter of demand. The users base needs to increase (adoption rate) , the price will increase at the same time! It cannot rally dramatically overnight!
If price doesn't go up with the halving half the network will have to shut down.Demand shouldn't have to depend on block halving. If demand is there in sufficient numbers then halving makes no difference.
It has exploded upwards and plummeted, been declared dead and the saviour of all of us. All the while the exact same number of coins were being pumped out.
I don't think the price will rally in the near future, even after the halving in 2016, it is no matter of the supply, it is the matter of demand. The users base needs to increase (adoption rate) , the price will increase at the same time! It cannot rally dramatically overnight!
If price doesn't go up with the halving half the network will have to shut down. 
I don't think the price will rally in the near future, even after the halving in 2016, it is no matter of the supply, it is the matter of demand. The users base needs to increase (adoption rate) , the price will increase at the same time! It cannot rally dramatically overnight!
you need both to be honest, otherwise inflation would be a good option, and we know it isn't, limited supply will surely help, but the demand it may look more needed here
but while the first is coming for sure, the second is uncertain, this is way we needs to rely on the block halving and hoping for the best
I don't think the price will rally in the near future, even after the halving in 2016, it is no matter of the supply, it is the matter of demand. The users base needs to increase (adoption rate) , the price will increase at the same time! It cannot rally dramatically overnight!
not till 2016. bitcoin is only going down till then and then it can flyy away with the wings it will gro. btc is like a caterpillar it went up the tree and now its coming down to cocoon then it will hatch and spread beautiful wings and fly back above the top of the tree.
I wouldn't even try to guess when BTC will begin to rally, since I have no idea if BTC will ever rally again. I think the average person still sees BTC as too complicated and risky to deal with, despite all it's merits. I do believe that we need a lot more user adoption for BTC to really take off, although I have my doubts about that happening.
It is difficult to say, because this rally is going to be drawn out, just like everything else lately.
It is going to be very long, relatively gradual with its own corrections and peaks.
It will start soon, but it won't be obvious, then it will be obvious, but it still won't go double-parabolic like April 2013.
I think late August, around school starting.
Optimistically, I predict that this rally will flow into the S-shaped adoption curve, and over the next 3-7 years we see about 5-15% of the global public adopting bitcoin per year.
It is going to be very long, relatively gradual with its own corrections and peaks.
It will start soon, but it won't be obvious, then it will be obvious, but it still won't go double-parabolic like April 2013.
I think late August, around school starting.
Optimistically, I predict that this rally will flow into the S-shaped adoption curve, and over the next 3-7 years we see about 5-15% of the global public adopting bitcoin per year.
The entire bitcoin system wouldn't even be able to scale to supply service to 1%... so no... that will not happen.
It would be between anytime now and the next halving. So many encouraging news on bitcoin has come out and prices haven't moved much. If you have confidence in bitcoin, this is the time to buy a bit more.
All those new exchanges wil not trigger a decent rally?
One of the vital factors must surely be exchanges that people can actually have some proper faith in. Once they're in place it'll be time to see whether it's going to kick off.
All those new exchanges wil not trigger a decent rally?
they are all traumatized after the Goxx thing
It is difficult to say, because this rally is going to be drawn out, just like everything else lately.
It is going to be very long, relatively gradual with its own corrections and peaks.
It will start soon, but it won't be obvious, then it will be obvious, but it still won't go double-parabolic like April 2013.
I think late August, around school starting.
Optimistically, I predict that this rally will flow into the S-shaped adoption curve, and over the next 3-7 years we see about 5-15% of the global public adopting bitcoin per year.
It is going to be very long, relatively gradual with its own corrections and peaks.
It will start soon, but it won't be obvious, then it will be obvious, but it still won't go double-parabolic like April 2013.
I think late August, around school starting.
Optimistically, I predict that this rally will flow into the S-shaped adoption curve, and over the next 3-7 years we see about 5-15% of the global public adopting bitcoin per year.
why is never not at option?
why is never not at option?
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