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Topic: UPDATE - page 4. (Read 20295 times)

hero member
Activity: 924
Merit: 500
June 14, 2016, 08:35:55 PM
Is there a way to understand why the value is skyrocketing?
Well as my understanding about the price increase and decrease it is because of demand and supply.. if more people are buying bitcoin and our supply is less than the number of people buying bitcoin the price should be increase more and more.. just like now we already seen it the price from below 600 the price is jumping fast to 700 value because its in demand in chines trading exchange more chinese are buying bitcoins thats why the price of bitcoin is increasingly fast..
full member
Activity: 238
Merit: 100
June 14, 2016, 08:21:53 PM
I don't think it will crash like last time unless it experiences technical problems such as full blocks scaring people away due to unreliability.  I think it would retrace from 1000 but not substantially. 
hero member
Activity: 616
Merit: 500
June 14, 2016, 08:18:18 PM
skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
I also expect it to get 4 digits soon but I don't expect it to have 5 digits for this year. I don't expect it will happen because IMO many ppl will sell their bitcoin at a reasonable price let's say for about 1200$ or so.
If many people sell their bitcoins when the bitcoin market price reaches $1000 or more there might be a crash like last time.
full member
Activity: 126
Merit: 100
June 14, 2016, 08:13:35 PM
skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
I also expect it to get 4 digits soon but I don't expect it to have 5 digits for this year. I don't expect it will happen because IMO many ppl will sell their bitcoin at a reasonable price let's say for about 1200$ or so.
legendary
Activity: 1106
Merit: 1005
June 14, 2016, 06:41:28 PM
skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
sr. member
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 14, 2016, 03:56:37 PM
bitcoin price is pretty much stable at the moment to be honest and i hope that it will keep on being like that or i hope that it will grow
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
June 14, 2016, 03:25:52 PM
Nothing same as 2013 path from what i have seen can we expect to see price over 1k soon now or we will stay on range 700-800
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
June 14, 2016, 03:08:09 PM
Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.
It has always been the case with Bitcoin. Sometimes in the past you would have been surprised by how long the price can rise at such a pace. This time is/can be no different.
sr. member
Activity: 312
Merit: 250
LTC fan 4ever
June 14, 2016, 03:46:07 AM
Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.

That is right. We are not traders. We want the price to be stable so that we can use it as a currency.
newbie
Activity: 27
Merit: 0
June 13, 2016, 01:33:35 PM
Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.
sr. member
Activity: 364
Merit: 250
June 13, 2016, 08:33:25 AM
Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.
newbie
Activity: 234
Merit: 0
June 13, 2016, 07:59:18 AM
what is happening to bitcoin price as you can see the prise is going up more and more that is because the bitcoins are used well and there are allot of people who stoped mining cause of the halbing.

I used the bitcoin to buy things. So that will help the circulation. It would be better if the block size is increased further.
sr. member
Activity: 336
Merit: 250
June 13, 2016, 03:07:27 AM
what is happening to bitcoin price as you can see the prise is going up more and more that is because the bitcoins are used well and there are allot of people who stoped mining cause of the halbing.
hero member
Activity: 546
Merit: 500
June 13, 2016, 02:40:38 AM
Is there a way to understand why the value is skyrocketing?
I know that the price is going to because of the halving coming up but that is the only thing that I know. It can happen that after the halving the price is going down again but that is not sure.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
June 13, 2016, 01:39:32 AM
Well everything is looking good for the moment i didnt expect to rise yet over 600 i expect next weekend but this is good to
Just let him climb one step at the time from now
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 12, 2016, 03:17:09 AM
Is there a way to understand why the value is skyrocketing?

actually i am not surprised why you ask for that, because i spent many hours searching for same answer too, and turns out that answer is pretty simple, it is because of halving

because many people knows that bitcoin's price will rise after halving, and that is enough for them to buy lots of bitcoins and keep them in their wallets, just to sell them later
legendary
Activity: 2170
Merit: 1427
June 12, 2016, 03:15:50 AM
Does anybody know the reason of the latest bitcoin price rise, it rose 6% in the last 24 hours, very big rise.

Block halving is the main reason I guess. But as I see Chinese exchanges have an advantage of ~$20 over other exchanges, it may even be capital flight to a certain extend.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
June 12, 2016, 03:07:13 AM
for the current price increases because halving bitcoin, they have been preparing for it, because amount of bitcoin distribution will be decreased, so it could have been after that, increasingly high demand and make bitcoin prices rise higher
I guess the price of bitcoin will be back to grow, and maybe the price will pass $ 800 this year. but I hope bitcoin prices will be stable when the price goes up. perhaps this price increase is the effect of halving
yes my expectations at the end of the year could reach $700-1000. I hope that $500 is the lowest price in the event of a dump, so we can reach more easily $700-1000 at the end of the year.

Some speculation that bitcoin price will go to 1k$ and theirs no doubt that it will because their are history showing that bitcoins price reaching for that knowinf history can tell about the future, and let see what will happen for these days past and it will be nore exciting for us bitcoin user everyday bitcoin really surprise us for its rise.
sr. member
Activity: 312
Merit: 250
LTC fan 4ever
June 12, 2016, 02:34:03 AM
Does anybody know the reason of the latest bitcoin price rise, it rose 6% in the last 24 hours, very big rise.
legendary
Activity: 1960
Merit: 1026
June 11, 2016, 01:11:55 AM
for the current price increases because halving bitcoin, they have been preparing for it, because amount of bitcoin distribution will be decreased, so it could have been after that, increasingly high demand and make bitcoin prices rise higher
I guess the price of bitcoin will be back to grow, and maybe the price will pass $ 800 this year. but I hope bitcoin prices will be stable when the price goes up. perhaps this price increase is the effect of halving
yes my expectations at the end of the year could reach $700-1000. I hope that $500 is the lowest price in the event of a dump, so we can reach more easily $700-1000 at the end of the year.
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