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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24141. (Read 26731808 times)

full member
Activity: 156
Merit: 100
I'll buy some when it hits $120
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 502
Merit: 251
What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?

Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?

Quite possible, given how extremely overvalued it is currently.
newbie
Activity: 53
Merit: 0

That halving is priced in already. It's a known event.

By fall of 2016, Bitcoin will be sub $10.

Too bullish.
legendary
Activity: 2016
Merit: 1259
What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?

Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?

I will have traded most of my bitcoins for the alt that took its place, and look back at BTC with fond memories.
hero member
Activity: 674
Merit: 500
What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?

Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?


That halving is priced in already. It's a known event.

By fall of 2016, Bitcoin will be sub $10.

Can you not

pls go
sr. member
Activity: 476
Merit: 250
What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?

Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?


That halving is priced in already. It's a known event.

By fall of 2016, Bitcoin will be sub $10.
hero member
Activity: 674
Merit: 500
What are the chances and/or implications of Bitcoin being under, say, $500 one month after the next halving in summer 2016?

Surely everyone is expecting the price to be over $1000 by Fall of 2016, but what if it's not?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 53
Merit: 0

People are a lot less sensitive to inflation and exchange rate fluctuations than the government going into their bank account and taking a chunk of money directly.


That's a good point. I guess people perceive what happened in cyprus as much worse than what is going on in russia now, even though the effect it has on the average citizen is basically the same

In cyprus they take your money, and in russia they take the purchasing power away from your money
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Remember how the Cyprus trouble helped the price of bitcoin?

All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.

And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.

Any theory?

People are a lot less sensitive to inflation and exchange rate fluctuations than the government going into their bank account and taking a chunk of money directly.

This is actually quite a problem. Though Bitcoin addresses both.

Though it has to be said that Bitcoin's price rise during Cyprus was mostly speculation, not real demand.
sr. member
Activity: 266
Merit: 250
so did we hit the bottom?
legendary
Activity: 1078
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legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2016
Merit: 1259
Remember how the Cyprus trouble helped the price of bitcoin?

All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.

And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.

Any theory?

Cyprus: Ditching Euros, which have widespread trade value, before they get stolen.
Russia: TRYING to ditch rubles, which have domestic only, rapidly diminishing value, before they have no value anywhere.

Not the same situation.

add: also Russia 'banned' bitcoin, Cyprus not.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Remember how the Cyprus trouble helped the price of bitcoin?

All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.

And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.

Any theory?

russia trouble just started ... cyprus dragged for 1-2 months
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
Schiff's video got me thinking. The next rally can't come until Jan 2 because of tax implications.


No doubt people will sale, they have holding out though. They want to file their losses this year for that tax refund check.
newbie
Activity: 53
Merit: 0
Remember how the Cyprus trouble helped the price of bitcoin?

All this trouble with the ruble now and btc isn't doing anything, the russians are not buying.

And russia is huge compared to cyprus, so they should have an enormous influence on the price of btc.

Any theory?
legendary
Activity: 1078
Merit: 1441
Schiff's video got me thinking. The next rally can't come until Jan 2 because of tax implications.


But, the day after is Bitcoins birthday.... And then on the 4th it's gonna have a hangover...  So gonna have to be after the 5th.

Then doesn't Lawsky come to town shortly after for his birthday? maybe I am getting confused.
legendary
Activity: 2688
Merit: 2399
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
solid currencies like USD or EUR

Lulz.

I get your point but right now, that's more inertia than anything else.
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