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Topic: The Great Bitcoin Rally of 2016 - page 3. (Read 4941 times)

sr. member
Activity: 332
Merit: 250
May 12, 2016, 02:38:23 PM
#28
In the last halving, the rally happned 10 months after the halving. So the rally could happen in 2017.
legendary
Activity: 1232
Merit: 1091
April 28, 2016, 01:33:35 PM
#27
Coinbase is leading this rally.  

Probably the most telling sign that this is new money pumping the price, not just traders manipulating it.

I would like to know from where do you get the impression that new money is driving the price up. I can't find anything that makes me see a difference between new money and money already in the market.
This rally was led by Coinbase - the reason I say that it was several dollars higher than all other exchanges for most of this rally. Coinbase is the main way new people buy bitcoins, at least here in the states. It certainly surprised me this happened - and now that they take debit cards for instant purchases we might see more of these rallys as it just got easier to buy - before, you needed a credit card on your account to purchase instantly.

I mostly don't look at Coinbase at all, but I will do it from now on. I like the fact that exchanges where people don't expect much from when it comes to leading a price increase, are now surprising people. And the best thing of all is that China wasn't the one leading this time. They were several Dollars behind all the time. I want growth to come from several places around the world and not only from China. And that has happened this time.
legendary
Activity: 1414
Merit: 1000
April 28, 2016, 01:17:03 PM
#26
Coinbase is leading this rally.  

Probably the most telling sign that this is new money pumping the price, not just traders manipulating it.

I would like to know from where do you get the impression that new money is driving the price up. I can't find anything that makes me see a difference between new money and money already in the market.
This rally was led by Coinbase - the reason I say that it was several dollars higher than all other exchanges for most of this rally. Coinbase is the main way new people buy bitcoins, at least here in the states. It certainly surprised me this happened - and now that they take debit cards for instant purchases we might see more of these rallys as it just got easier to buy - before, you needed a credit card on your account to purchase instantly.
legendary
Activity: 1232
Merit: 1091
April 28, 2016, 01:05:28 PM
#25
Coinbase is leading this rally. 

Probably the most telling sign that this is new money pumping the price, not just traders manipulating it.

I would like to know from where do you get the impression that new money is driving the price up. I can't find anything that makes me see a difference between new money and money already in the market.
newbie
Activity: 64
Merit: 0
April 28, 2016, 12:52:25 PM
#24
The rally has not started. It is still in the consolidation stage. The rose to $470 and dropped to $440 again.
legendary
Activity: 938
Merit: 1000
April 24, 2016, 11:19:59 AM
#23
day by day the prices has increase since several days ago and the current prices $451 at coindesk and seems yes i do agree with OP the rally has begun and i wish This is not just momentary and till halving bitcoin will reach $600 or above

Really if we watch the price keep in the same levels than Dec 15, However is a good signal especially considering the pressure of the last months over  BTC, So the 2016 Rally must be at least begin in $470-$480 or even $500 as minimum for the most demanding,  Below that is just heating step.
legendary
Activity: 1582
Merit: 1001
April 24, 2016, 10:25:29 AM
#22
Coinbase is leading this rally. 

Probably the most telling sign that this is new money pumping the price, not just traders manipulating it.
legendary
Activity: 1652
Merit: 1000
April 24, 2016, 10:15:20 AM
#21
day by day the prices has increase since several days ago and the current prices $451 at coindesk and seems yes i do agree with OP the rally has begun and i wish This is not just momentary and till halving bitcoin will reach $600 or above
hero member
Activity: 1470
Merit: 655
April 24, 2016, 09:02:40 AM
#20


It has begun.

this time it is different.  Wink
In what way is this time different from the last rally?

in a thousand different ways Cheesy
- last time bitcoin did not have this many users as it has today
- there are a lot more businesses and services accepting bitcoin today
- there are a lot more businesses and services planning on accepting bitcoin in the future (like steam)
- there is no mt.gox bot to fake the rise and bitcoin price has been growing normally with slow rise.
-.....

Great Bitcoin Rally to the downside, yes.

contact Webster dictionary:
going from $420 to $455 is called going downside. Cheesy
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
April 24, 2016, 07:16:24 AM
#19
Great Bitcoin Rally to the downside, yes.
newbie
Activity: 42
Merit: 0
April 24, 2016, 07:06:05 AM
#18
Bitcoin (BTC) $452.24  1.14 % Shocked

brb, poison. muh Google -5.32% Cry
hero member
Activity: 630
Merit: 502
April 24, 2016, 07:02:26 AM
#17


It has begun.

this time it is different.  Wink
In what way is this time different from the last rally?
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
April 24, 2016, 06:03:31 AM
#16
Let's take what is ours gentlemen & rise towards new high's Cheesy


legendary
Activity: 2170
Merit: 1427
April 24, 2016, 06:00:32 AM
#15
It has already started back in 2015 but at some point it slowed down and caused the price to become quite stable. Right now it's just continuing where it stopped some time ago.
legendary
Activity: 1960
Merit: 1022
April 24, 2016, 05:17:36 AM
#14
Please bitcoin, wait for me!
member
Activity: 90
Merit: 10
April 24, 2016, 05:14:52 AM
#13
The price rise on small volume is a good sign (for buyers). The opposite is also true - a big drop on heavy volume.

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
April 24, 2016, 04:58:41 AM
#12
I think there will be, at least, an uptrend for some weeks. Too many fundamentals looking good for a pump: halving gets nearer every day (and there are expectations, so there will also be buys), but for me it's more important that it seems that consensus is emerging that Segwit is the solution for the scalability issue. For now.

My guess is that the price will surpass 500 this time. It may stop between 600 and 800. Maybe even higher, but I don't expect a new ATH.
hero member
Activity: 658
Merit: 503
Bear with me
April 24, 2016, 04:47:42 AM
#11
This is it! Block reward halving hype.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
April 24, 2016, 04:24:26 AM
#10
If it is indeed a start, then it means we have much more ground to gain and make good profits if you have enough patience to keep holding.

I just wonder if we will be able to reach $500 next month. I think yes.
Rally has begun like OP has said, so for touch $500 it is possible achieved by the end of this month
legendary
Activity: 1526
Merit: 1179
April 24, 2016, 03:50:40 AM
#9
If it is indeed a start, then it means we have much more ground to gain and make good profits if you have enough patience to keep holding.

I just wonder if we will be able to reach $500 next month. I think yes.
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