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Topic: What is happening? (Read 5541 times)

legendary
Activity: 1106
Merit: 1005
August 17, 2016, 03:07:16 PM
the halving is a process that needs a while to have an effect (look at the first halving, it took months to take an effect on the price).

on top of that bitcoin is under a lot of pressure from the bitfinex hack (many bitcoin noobs think bitcoin itself was hacked and bitcoin is dead)

and more importantly bitcoin just doesn't want to scale because we are still stuck on the 1MB cap and we can't seem to agree on a scaling solution even though it has been debated for years and solutions have been worked on for years as well.



hero member
Activity: 714
Merit: 500
Me, myself and I
August 17, 2016, 01:17:12 PM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.
of course the price is going to grow a lot in the near future, in my opinion bitcoins are going to be huge in the future and it will allow me to benefit

I agree with that. The price might reach $700 in September if all goes well. It could reach $900 in December.
Maybe not $900 in December but I would expect for it to be drifting upwards more considerably than a downwards turn as long as the market keeps going strong. Maybe $900-$1000 by February next year.
Not important for us predicted the price in the end of year or next year, more important we must push the price up than we just made a prediction and we need hold some coins to make it occur.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 17, 2016, 01:07:15 PM
I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.

I don't know where you have been, but the price has gone up considerably already. It happened before the block halving. Right now we are $200 higher than we were exactly 2 months ago. And when the price reached nearly $800 it was even $330 higher in less than a month! Isn't that enough?
For these who bought at $750 it isn't. There are always losers and winners, it is a zero-sum game.

The bitcoin price has dropped from $600. It is around $595 now. So there is possibility that the price will stay around $590
member
Activity: 120
Merit: 10
August 13, 2016, 02:59:09 AM
iam happening is get collect is much bitcoin
much profit and bitcoin up go the moon high price

If you collect as many as bitcoin at present, you will be rewarded in the next few decades if you hold long term.
legendary
Activity: 1218
Merit: 1007
August 11, 2016, 12:07:49 PM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.
of course the price is going to grow a lot in the near future, in my opinion bitcoins are going to be huge in the future and it will allow me to benefit

I agree with that. The price might reach $700 in September if all goes well. It could reach $900 in December.
Maybe not $900 in December but I would expect for it to be drifting upwards more considerably than a downwards turn as long as the market keeps going strong. Maybe $900-$1000 by February next year.
full member
Activity: 216
Merit: 100
August 11, 2016, 12:03:24 PM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.
of course the price is going to grow a lot in the near future, in my opinion bitcoins are going to be huge in the future and it will allow me to benefit

I agree with that. The price might reach $700 in September if all goes well. It could reach $900 in December.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 08, 2016, 10:35:31 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.
of course the price is going to grow a lot in the near future, in my opinion bitcoins are going to be huge in the future and it will allow me to benefit
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
August 08, 2016, 10:33:36 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.

We have been saying in the beginning of the year that price will rise on halving and it didn't raise as per expected. Now again we are hoping it will cross $1000 at the end of year. Lets hope it does this time.
legendary
Activity: 1442
Merit: 1016
August 08, 2016, 09:15:31 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.

I think so. The price is around $595 now. But it will rise to $600 in the next few weeks. It could be $900 in December.
Yeah! we are going back on track again, the price will be back to $600 sooner, and the confidence of the investors will be back again. Our hope for the price increase of halving will happen soon so hold on people and rip the fruits of your labor this year.

LOL

You know that the "halving" had come and gone?

Also, what is this "labor" you're talking about? I didn't know you had to do manual labor in bitcoin. If HODLing is labor, I'm speechless.

It seems to me there are many people on the forum who still think they're going to become millionaires just by holding bitcoins. I've got news for you: Unless you have thousands of bitcoins, you ain't becoming millionaires. There is no way a bitcoin is going to be worth more than $1000 any time soon, never in your life time. Get it through your thick skull.

Ey Mr. FUDster back in town! Cheesy
You are always so negative and pessimistic.
But don't worry! Bitcoin will go up to $1000+ and then you will be happy as well!
I can assure you we will see a new ATH withtin the next 12 months!And from there the sky is the limit my friend. Wink
legendary
Activity: 1036
Merit: 1000
August 08, 2016, 07:28:05 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.

I think so. The price is around $595 now. But it will rise to $600 in the next few weeks. It could be $900 in December.
Yeah! we are going back on track again, the price will be back to $600 sooner, and the confidence of the investors will be back again. Our hope for the price increase of halving will happen soon so hold on people and rip the fruits of your labor this year.

LOL

You know that the "halving" had come and gone?

Also, what is this "labor" you're talking about? I didn't know you had to do manual labor in bitcoin. If HODLing is labor, I'm speechless.

It seems to me there are many people on the forum who still think they're going to become millionaires just by holding bitcoins. I've got news for you: Unless you have thousands of bitcoins, you ain't becoming millionaires. There is no way a bitcoin is going to be worth more than $1000 any time soon, never in your life time. Get it through your thick skull.
hero member
Activity: 952
Merit: 500
August 08, 2016, 06:48:55 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.

I think so. The price is around $595 now. But it will rise to $600 in the next few weeks. It could be $900 in December.
Yeah! we are going back on track again, the price will be back to $600 sooner, and the confidence of the investors will be back again. Our hope for the price increase of halving will happen soon so hold on people and rip the fruits of your labor this year.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 08, 2016, 01:48:13 AM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.

I think so. The price is around $595 now. But it will rise to $600 in the next few weeks. It could be $900 in December.
hero member
Activity: 714
Merit: 500
August 07, 2016, 06:38:56 PM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading

Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year.
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
August 07, 2016, 04:47:26 PM
You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading
legendary
Activity: 938
Merit: 1000
August 07, 2016, 02:51:06 PM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce

There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not.
Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption.

I heard that Mt Gox lost 850,000 bitcoins, which is 7 times more than the loss of the Bitfinex exchange hack.

Yes, unfortunately these events do not help for nothing, also add others big exchanges that  had other problems, willy-nilly investors lose confidence.
full member
Activity: 216
Merit: 100
August 07, 2016, 02:24:43 AM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce

There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not.
Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption.

I heard that Mt Gox lost 850,000 bitcoins, which is 7 times more than the loss of the Bitfinex exchange hack.

So I think the bitcoin price will rise to $600 soon. The 120k bitcoin will not be dump to the market in the near future.
newbie
Activity: 27
Merit: 0
August 06, 2016, 06:42:04 AM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce

There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not.
Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption.

I heard that Mt Gox lost 850,000 bitcoins, which is 7 times more than the loss of the Bitfinex exchange hack.
hero member
Activity: 952
Merit: 500
August 05, 2016, 08:40:50 AM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce

There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not.
Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption.
full member
Activity: 242
Merit: 100
Extended Reality Advertising
August 03, 2016, 05:29:45 PM
Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
August 01, 2016, 12:35:27 PM
Probably because everyone thought it would keep increasing is why it hasn't. Wink

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (">https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?


Your missing the fact that the 2013 rise was completely artificial caused by the willybot.  We arent going to get such an insane jump like that ever again.  And as price goes higher the actual increases will be smaller.  We already got double just prior to the halving,  anymore is a bonus.

You are also missing the fact that events back then are not the same with the events that will happened today. We don't need an aritifical bot today because no doubt there's an added numbers of investors today even at small stats.

Also, you just said it, a bot that caused that pump. The large pump can happen again without it. I have no such basis in my claims as Im not an expert but I will stand to my statement.
the point he made is valid. These rises indicated in the first post cited, have absolutely ZERO to do with the halving. What is the time interval from halving to attribute a rise or drop as 'due to the halving'. A month, two, seven, twelve? Same happened this time. It is all about pumps happening at some random points in time (ok, it is known to the involved players) that are not related to the halving.

Well I don't pointing out that it can be linked to the halving as I know we doesn't have any noticeable changes today that can be point to the actual halving.

Halving speculation is just a linked effect of what the main reason is.
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