is this the begining of the rally? - page 2.

Cyaren

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Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

Definitely the beginning of a very long term rally I think, it'll last for years or even decades Cheesy

Certainly the halving hype is giving bitcoin the push that it needed to get above $570 again. The $600 wall is tumbling right in front of us. And there is literally no sign of stopping, with halving still a month or so away.

Mobius

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This shouldn't surprise anyone, we knew this was coming. I'm glad the fudders have been put to rest.

Miladran

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Voted for $600 before halving but i hope a lot more than $600 before halving Cheesy

Herbert2020

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Quote from: pitham1 on June 04, 2016, 07:14:17 AM

Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too.

This is a new rally. The tough part is figuring out when to sell.

it is always a tough thing to do, especially if you are a greedy person. but you should set a profit amount in your mind and when you reach that number then sell it and don't regret anything.

Quote from: tetra on June 04, 2016, 08:05:38 AM

there are still a lot of resistances to pass.
call it a rally once it breaks 1150!

i didn't call it anything i aksed if it is the beginning of the rally Grin

Quote from: d5000 on June 04, 2016, 11:55:20 PM

Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

Yes, I think we are in a rally, but we are already in an advanced phase (but still not near the top). I don't think this actual rally has something to do with the supply and demand after the halving. It's simply HYPE.

For a hype to form, there can be any excuse: the halving is a very good one. Another factor is that we're leaving the depression which brought us the overheated XT/Classic/Core discussion.

That's why I think that the top of this rally will be short after the halving event. Then we'll have some bearish months, but I expect to retake positive sentiment before the end of the year.

while i agree that a big part of rise is hype but you can't deny the massive reduction in creation of new supply

RenegadeMind

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Activity: 1380

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THINK IT, BUILD IT, PLAY IT! --- XAYA

Beginning of the rally.

Shitty economic news will continue to bolster Bitcoin, and there's only good news coming in the technical side. The halvening will force prices up without any hype. Profit taking will keep prices from skyrocketing, but we're going to have a fun ride.

d5000

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Decentralization Maximalist

Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

Yes, I think we are in a rally, but we are already in an advanced phase (but still not near the top). I don't think this actual rally has something to do with the supply and demand after the halving. It's simply HYPE.

For a hype to form, there can be any excuse: the halving is a very good one. Another factor is that we're leaving the depression which brought us the overheated XT/Classic/Core discussion.

That's why I think that the top of this rally will be short after the halving event. Then we'll have some bearish months, but I expect to retake positive sentiment before the end of the year.

pooya87

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Quote from: randy8777 on June 04, 2016, 08:47:29 AM

the rally has started some weeks ago when the price started to sky rocket. it doesn't mean that the price goes up every day. there need to be some breaks every now and then to give the market some rest.

i don't see any rally in the "some weeks ago" time! there is only small rises and no "sky rocket" for sure. the price has been rising $5-$10 at a time and it took a long time to go from $450 to above $500 and i wouldn't yet call $570 sky rocket because it is still too low.

zimmah

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Quote from: trinaldao on June 04, 2016, 08:08:00 AM

the price will be double of the current price Roll Eyes

i vote for $1300 for each bitcoin, halving reduce reward for miner and miner will pump the market for back up his lose Roll Eyes

we're talking about the price BEFORE the halving.

after the halving it's a different story.

randy8777

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the rally has started some weeks ago when the price started to sky rocket. it doesn't mean that the price goes up every day. there need to be some breaks every now and then to give the market some rest.

maku

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Currently we are sitting on $574 which is half of all-time-high bitcoin price. But it is too early to say if this is new stable price (I feel like BTC has no stable price)
or just another pump and dump bubble like we used to see in the past. If you have doubts - the this is definitely a good time to sell some BTC.

Denker

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To me it doesn't matter that much if we break the 600 before halving or stay were we are for a while.Sooner or later the 600 will come and will get passed.
Most important is that we grow healthy and continuously.Crazy bull runs with some bigger, ugly corrections will be part of it for several years.

Sukovsky

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Price will double before the halvening. Which is fucking obvious if you didn't live under a stone during last halvenings and LTC halvening.

trinaldao

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Post your ann & bounty just contact me

the price will be double of the current price Roll Eyes

i vote for $1300 for each bitcoin, halving reduce reward for miner and miner will pump the market for back up his lose Roll Eyes

zimmah

legendary

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600 seems about right

tetra

sr. member

Activity: 471

Merit: 250

there are still a lot of resistances to pass.
call it a rally once it breaks 1150!

Sniper44

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Activity: 714

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Quote from: pitham1 on June 04, 2016, 07:14:17 AM

Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too.

This is a new rally. The tough part is figuring out when to sell.

it is not hard if you area a long term holder and believing in the future of bitcoin. when the mass adoption happens all these prices are nothing and you can see the real profit then.

pitham1

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Activity: 1232

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Quote from: Herbert2020 on June 04, 2016, 01:02:09 AM

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too.

This is a new rally. The tough part is figuring out when to sell.

Herbert2020

legendary

Activity: 1946

Merit: 1137

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

Topic: is this the begining of the rally? - page 2. (Read 1797 times)