Unable to break $500 | Bitcointalksearch.org

Omegasun

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Quote from: mandica on June 07, 2016, 03:01:40 PM

Quote from: asdalani on June 07, 2016, 04:16:18 AM

Quote from: richardsNY on June 06, 2016, 02:47:03 PM

Quote from: mandica on June 06, 2016, 02:33:50 PM

Quote from: SilverPunk on June 04, 2016, 02:54:23 PM

Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

After the halving, the price will be higher. Even if people sell the bitcoin, the price will not be below $500.

I am quite sure that $500 will not hold for long once the price start to tank heavily after the halving. It will go up again but it will cost some time. Building up the price cost many months while all that effort can be undone in a matter of a day, or even some hours.

If the price does not reach $700 before the halving, the price will not drop below $500. There will not be dump if there is no pump.

Pump and dump is bad for the bitcoin. I still remember the big pump in late 2013 and the two years of dump.

Small pump and dump is good for the bitcoin or other altcoin. It can attract media attention and make more people know the coin.

mandica

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Quote from: asdalani on June 07, 2016, 04:16:18 AM

Quote from: richardsNY on June 06, 2016, 02:47:03 PM

Quote from: mandica on June 06, 2016, 02:33:50 PM

Quote from: SilverPunk on June 04, 2016, 02:54:23 PM

Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

After the halving, the price will be higher. Even if people sell the bitcoin, the price will not be below $500.

I am quite sure that $500 will not hold for long once the price start to tank heavily after the halving. It will go up again but it will cost some time. Building up the price cost many months while all that effort can be undone in a matter of a day, or even some hours.

If the price does not reach $700 before the halving, the price will not drop below $500. There will not be dump if there is no pump.

Pump and dump is bad for the bitcoin. I still remember the big pump in late 2013 and the two years of dump.

asdalani

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Quote from: richardsNY on June 06, 2016, 02:47:03 PM

Quote from: mandica on June 06, 2016, 02:33:50 PM

Quote from: SilverPunk on June 04, 2016, 02:54:23 PM

Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

After the halving, the price will be higher. Even if people sell the bitcoin, the price will not be below $500.

I am quite sure that $500 will not hold for long once the price start to tank heavily after the halving. It will go up again but it will cost some time. Building up the price cost many months while all that effort can be undone in a matter of a day, or even some hours.

If the price does not reach $700 before the halving, the price will not drop below $500. There will not be dump if there is no pump.

richardsNY

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Quote from: mandica on June 06, 2016, 02:33:50 PM

Quote from: SilverPunk on June 04, 2016, 02:54:23 PM

Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

After the halving, the price will be higher. Even if people sell the bitcoin, the price will not be below $500.

I am quite sure that $500 will not hold for long once the price start to tank heavily after the halving. It will go up again but it will cost some time. Building up the price cost many months while all that effort can be undone in a matter of a day, or even some hours.

crairezx20

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Price of bitcoin right now is really unable to break this value.. and i think more weeks and more days will come more price increase we will see until the price reach 590 to 600..

mandica

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Quote from: SilverPunk on June 04, 2016, 02:54:23 PM

Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

After the halving, the price will be higher. Even if people sell the bitcoin, the price will not be below $500.

SilverPunk

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Yes ,i think it very unable to break right now.bitcoin continously rising and because of bitcoiners who is buying bitcoins to invest and hold it makes the price more higher. If they will sell it after halving we can think that it will down by $500 but it will not go down lower than that price.

asdalani

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The bitcoin is almost $585 now. It is more than $150 higher than two weeks ago. It has risen too fast.

mandica

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The $500 was broken decisively. The price is trading around $540 at the moment. It is a big rise so far.

abacus

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AlexBits

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We must be not negative and the most are hoping that the value will be higher soon in the future but it is still really hard to predict for what will happen and that is the problem.
But it will be nice if we can have some profit in the end of the year or something.

LFC_Bitcoin

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Quote from: zimmah on May 27, 2016, 06:03:38 AM

dont worry, by the end of next month or so we will have broken $500 for sure.

if not sooner

Absolutely, I'm close to certain we'll be into the 500's by this time next month.

zimmah

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dont worry, by the end of next month or so we will have broken $500 for sure.

if not sooner

Raimonn

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Quote from: azguard on May 27, 2016, 04:49:19 AM

Quote from: DavidoAlto on May 27, 2016, 03:01:38 AM

As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.

500 in this rise is so close current is on 478 and this target is now so close will it remain on it it will be hard think it is huge resistance on 500 so if broken then it might go high enough to stay above 500

Bitcoin price is increasing fast today, we have the 500 resistance near, but i think that important resistant prices are con cny (chinese divise), i think that today increasing was a china movement about its divise.

azguard

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Quote from: DavidoAlto on May 27, 2016, 03:01:38 AM

As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.

500 in this rise is so close current is on 478 and this target is now so close will it remain on it it will be hard think it is huge resistance on 500 so if broken then it might go high enough to stay above 500

DavidoAlto

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As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.

wikenpp

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Quote from: socks435 on May 26, 2016, 01:41:16 PM

For now i cant speculate that the price of bitcoin will touch to $500 but im sure after block halving we will see the changes the price will increase according to other traders outside.. just lets hope this coming june we will see changes of the price.. the price today still stable..

500 has been the price which we didn't reach 3 times now. Maybe before the halving it will break but that's not certain offcourse. I do hope it will happen but if the price stays where it is now I don't mind either. Stability is preferred over volatility.

techgeek

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He basically tricked to get those signatures to make people believe hes satoshi lol.

The price isnt really based on this person, i think the price is unable to break because new money/old money as well been going to ETH where original orders for bitcoin should be at.

People go where theres profit, esp when they see a rise of value for an alt coin.

socks435

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For now i cant speculate that the price of bitcoin will touch to $500 but im sure after block halving we will see the changes the price will increase according to other traders outside.. just lets hope this coming june we will see changes of the price.. the price today still stable..

talks_cheep

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Quote from: bittraffic on May 26, 2016, 01:25:38 PM

Quote from: talks_cheep on May 26, 2016, 01:20:42 PM

We are less than a month and half before the expected halving, and the recent trends clearly indicate 450 is the preferred price for traders, Chinese or Western. Why? Because the miners, especially the ones in China, see it as the sweet spot. They don't want huge increase in price because it invites unwanted competition. The Chinese mining cartel intends to control the market, their first order of business is to drive out the small, home-based miners around the world. Those of you who bought S7 from Bitmain have shot themselves in their foot already. At least I do NOT mine on their Antpool, if you do, you are shooting yourself a second time.

make sense. no wonder it didn't break $500 even after all these hype lol.
so the price increase may just happen once small miners died out of starvation. Grin

No, you are lacking in understanding, this isn't funny or a laughing matter. We didn't break 500 at all, where do you see 500? Bfx currently shows 453, NOT 500.

Once small miners are wiped out, possibly after the halving, the mining cartel in China will play with the price the way they see fit. That's what cartels do, just look at the history of OPEC.

Topic: Unable to break $500 (Read 2310 times)