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Topic: What is happening? - page 3. (Read 5541 times)

sr. member
Activity: 394
Merit: 250
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July 28, 2016, 06:35:05 AM
#90
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.
yeah everyone just holded their bitcoins and that was it, everyone forget that people have to buy bitcoins in order for the price to grow it is not just enough to hold it
hero member
Activity: 994
Merit: 502
July 28, 2016, 04:19:03 AM
#89
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 expected the price growth though i did not put a lot of money into it, to be honest i think that the price is going to start growing in like month
bitcoin prices began a steady climb from the small drop, several market observers asserted this decline was only temporary, and that the price could push its price higher in the coming weeks.
sr. member
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July 28, 2016, 04:07:04 AM
#88
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 expected the price growth though i did not put a lot of money into it, to be honest i think that the price is going to start growing in like month
legendary
Activity: 2688
Merit: 1065
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July 28, 2016, 02:43:14 AM
#87
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.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
July 28, 2016, 12:24:56 AM
#86
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.
legendary
Activity: 3472
Merit: 10611
July 27, 2016, 11:18:05 PM
#85
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?
legendary
Activity: 2170
Merit: 1427
July 27, 2016, 05:47:38 PM
#84
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?
donator
Activity: 1419
Merit: 1015
July 27, 2016, 05:31:38 PM
#83
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.
sr. member
Activity: 734
Merit: 250
July 27, 2016, 03:47:20 PM
#82
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.
sr. member
Activity: 337
Merit: 250
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July 27, 2016, 02:18:08 PM
#81
but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.
it would be a strange thing if the price dropped, a lot of new people got interested in bitcoins and wanted to make money so the price had to go up
sr. member
Activity: 252
Merit: 250
July 27, 2016, 01:52:09 PM
#80
but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.
legendary
Activity: 2688
Merit: 1065
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July 27, 2016, 01:21:40 PM
#79
Every user expected for an increase on halving but the steep rise took place weeks back to halving. After the halving the price have been getting stable around $650, which is now decreasing often to small extent. This year end to the maximum we might reach $750 if gradual increase happens.

The happenings today are considered as great in my own point of view. I don't want to back again at below $500 range so price today is great. And slow rise means building resistance around the current price. Hopefully we can say soon that $600 is a low price to consider.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
July 27, 2016, 05:31:48 AM
#78
Every user expected for an increase on halving but the steep rise took place weeks back to halving. After the halving the price have been getting stable around $650, which is now decreasing often to small extent. This year end to the maximum we might reach $750 if gradual increase happens.
hero member
Activity: 994
Merit: 502
July 27, 2016, 04:49:15 AM
#77
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.
the future is uncertain and we were in the middle of prediction whether the price will rise or fall. anyway i was collecting coins for more than 3 months by the hope that it will rise $800 to 900 within this year.
sr. member
Activity: 420
Merit: 250
July 26, 2016, 10:35:43 AM
#76
iam happening is get collect is much bitcoin
much profit and bitcoin up go the moon high price

Haha, that is true. You are happening indeed.

Ontopic
The market is testing it's boundaries and we have to agree at this moment it is the downward boundaries that are tested.
Because the sentiment is selling.
member
Activity: 84
Merit: 10
July 26, 2016, 09:07:52 AM
#75
iam happening is get collect is much bitcoin
much profit and bitcoin up go the moon high price
full member
Activity: 219
Merit: 205
_Bitcoin Africa_
July 26, 2016, 08:40:51 AM
#74
Everyone was expecting a very high price increase during the block halving period. But nothing happened, the price left hanging at the same price range. What happened, are you expectin that it will maybe rise soon?

well yes price now after halving is still stable, probably because everyone is afraid to buy or sell bitcoins, so that's reason why bitcoin price is stable
full member
Activity: 216
Merit: 100
July 26, 2016, 08:09:25 AM
#73
Everyone was expecting a very high price increase during the block halving period. But nothing happened, the price left hanging at the same price range. What happened, are you expectin that it will maybe rise soon?
yes im expecting rise of bitcoin that will start next month. I still believe that there will be bulls that are only sleeping and wake up next month.
i think the growth will be happening pretty soon, in my opinion we might even see a new all time high price in like 2 months or so

I do not think that will happen in 2 months. That could happen after the SegWit or the 2MB block size implementation.
sr. member
Activity: 448
Merit: 250
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July 25, 2016, 04:52:53 PM
#72
Everyone was expecting a very high price increase during the block halving period. But nothing happened, the price left hanging at the same price range. What happened, are you expectin that it will maybe rise soon?
yes im expecting rise of bitcoin that will start next month. I still believe that there will be bulls that are only sleeping and wake up next month.
i think the growth will be happening pretty soon, in my opinion we might even see a new all time high price in like 2 months or so
sr. member
Activity: 504
Merit: 250
July 25, 2016, 03:58:50 PM
#71
I assume that the price increase before the halving was in anticipation of the halving. Since everyone know when it would happen, we didn't see the bump at the halving, but gradually for a couple of months before.
im pretty sure that you might be right about this, in my opinion the price growth was because of people buying their bitcoins in order to make profit during the halving event
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