What is happening? - page 6. | Bitcointalksearch.org

KFCBTC

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Quote from: sandiman on July 13, 2016, 04:46:32 AM

We just broke a 1 months triangle pattern on the chart, now testing it with a pullback that happens 2/3 of the time according to bullowski.

This move looks really strong, I won't bet on a fake breakout. Fasten your seatbelt, this is going to move stronger soon.

Yes over 1000 when this pullback is done. Its clear sailing to profit. Buy now or cry later.

Jimbola3

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Quote from: gentlemand on July 13, 2016, 07:33:43 AM

Quote from: Fatanut on July 13, 2016, 07:30:49 AM

I was expecting a lot from the bitcoin halving.

You didn't notice it more than double beforehand? I think that was the action and peeps should be satisfied with that.

yeah exactly the price was around 400$ before few months only but now its 670$ which is pretty high and we all should be satisfy with it Cheesy

but its giving some some sign that it will go more high !

Dafar

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Quote from: PeRo on July 13, 2016, 04:44:06 AM

Everyone was expecting a very high price increase during the block halving period.

No, only idiots were and you fell for it

RoommateAgreement

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Bazinga!

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

people expect a lot of things out of bitcoin and they say a lot of other things about it even some things that doesn't even makes sense like crap like this:

Quote from: kwukduck on July 13, 2016, 06:13:10 AM

What is happening is everyone is waiting for that price rise that isn't coming. Once people start realizing there will be no rise the prise will plummet towards 200-300. We will see from there but i suspect by then the network will be severely crippled by all the miners quitting, stagnating the network as a result.

so you see not all the things you read on the forum is true. and many users are only saying things that suites their situation that time and want to spread some lies for their own temporary advantage.

Bamsed

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Quote from: ~Bitcoin~ on July 13, 2016, 11:53:31 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

It need sometime to see some reaction of halving to market. Still some bitcoins which were mined before halving are in the hand of the miners and they still find profitable to sell those mined coins at the current range. But when newly mined coins will come to trading than miner will not be willing to sell those coins cheap because it will not be profitable for them considering current mining cost. So holding whatever you have till another rise will be good decision for now.

The cost of the newly mined coin are around $400 for the electricity cost, if you include other cost, it could be higher.

~Bitcoin~

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Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

It need sometime to see some reaction of halving to market. Still some bitcoins which were mined before halving are in the hand of the miners and they still find profitable to sell those mined coins at the current range. But when newly mined coins will come to trading than miner will not be willing to sell those coins cheap because it will not be profitable for them considering current mining cost. So holding whatever you have till another rise will be good decision for now.

Batelk

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Quote from: Bitcoinsummoner on July 13, 2016, 09:34:33 AM

Quote from: PeRo on July 13, 2016, 04:57:16 AM

Quote from: redsn0w on July 13, 2016, 04:52:14 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

I did not see more than maybe 1 or 2 users thinking that the price will decrease. The majority of users thought it will rise in this period, and they were talking about an increase in almost every thread in this section. Maybe I am wrong, but I think that there were more optimistic people here than those who thought the price would decrease.

YEah right i am one of them that thinking and expecting for the price increase not for decrease we know it will decrease after the price hit 800 value or more..

I think the price will trade around $600 to $800 in the next 5 months. Then it will rise to $900 or higher.

chaser15

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Quote from: Fatanut on July 13, 2016, 07:30:49 AM

I was expecting a lot from the bitcoin halving. In the last month/s, it was believed that the price would increase in July because of the halving. We're midway through July but the price didn't move that much. It just stayed at 640-660USD. To be honest I'm very disappointed because I get the feel that I have to wait much longer than I expected. Anyway, I'm fully aware that investing in bitcoins doesn't work this way. I should be patiently waiting for the price increase.

Like I said, bitcoin halving has nothing to do for a quick jump. Relying only on this factor to increase the price is not enough. It's all depend on the pumpers. Look at how hard they pump the price even back in the days where halving is still far away.

And besides still not happy with the current jump? We are down from below $500 for years and now we are sitting much above it. If the price is still at $500 or below and halving comes, then there's no need to expect another price pump.

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

Quote from: PeRo on July 13, 2016, 04:57:16 AM

Quote from: redsn0w on July 13, 2016, 04:52:14 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

I did not see more than maybe 1 or 2 users thinking that the price will decrease. The majority of users thought it will rise in this period, and they were talking about an increase in almost every thread in this section. Maybe I am wrong, but I think that there were more optimistic people here than those who thought the price would decrease.

YEah right i am one of them that thinking and expecting for the price increase not for decrease we know it will decrease after the price hit 800 value or more..

calme

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Here is analysis concerning this issue:

https://news.bitcoin.com/bitcoin-breakout-technical-analysis/

gentlemand

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Quote from: Fatanut on July 13, 2016, 07:30:49 AM

I was expecting a lot from the bitcoin halving.

You didn't notice it more than double beforehand? I think that was the action and peeps should be satisfied with that.

Fatanut

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I was expecting a lot from the bitcoin halving. In the last month/s, it was believed that the price would increase in July because of the halving. We're midway through July but the price didn't move that much. It just stayed at 640-660USD. To be honest I'm very disappointed because I get the feel that I have to wait much longer than I expected. Anyway, I'm fully aware that investing in bitcoins doesn't work this way. I should be patiently waiting for the price increase.

btvGainer

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Quote from: dinda22 on July 13, 2016, 05:00:12 AM

I saw a halving previous experience, the price will not increase directly. so I was patient, and confident it will go up. let us look to the end of the year.

You are right.The supply will decrease at the end of this year because due to halving miners will now dump lesser coins.Holding is the best option till then

Tippingcoin

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Quote from: Kakmakr on July 13, 2016, 06:41:37 AM

Quote from: randy8777 on July 13, 2016, 04:55:13 AM

Quote from: redsn0w on July 13, 2016, 04:52:14 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

exactly this! i was also expecting a significant dump to happen directly after the block halving. i am quite surprised there was no massive dump. so in that aspect i am very happy that the price is staying at current price levels.

People would only dump if the price increased to the moon. This did not happen, so a lot of people are still holding on to their Bitcoins. I would not even think of dumping, if the price was under $1000 per Bitcoin. Even then, I would only drop a few coins just to re-coop some of my initial fiat capital and not my whole hoard. ^hmmmmm^

A common variant of the sunk costs fallacy. "I waited this long already, might as well wait a bit more. Even though the price has only one way to go: down." Roll Eyes

gentlemand

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I certainly wasn't expecting anything post halving nor should anyone else. You'd have to be a fuckstick or maybe a shitheel to believe anything would. It's a long term deal.

Kakmakr

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Quote from: randy8777 on July 13, 2016, 04:55:13 AM

Quote from: redsn0w on July 13, 2016, 04:52:14 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

exactly this! i was also expecting a significant dump to happen directly after the block halving. i am quite surprised there was no massive dump. so in that aspect i am very happy that the price is staying at current price levels.

People would only dump if the price increased to the moon. This did not happen, so a lot of people are still holding on to their Bitcoins. I would not even think of dumping, if the price was under $1000 per Bitcoin. Even then, I would only drop a few coins just to re-coop some of my initial fiat capital and not my whole hoard. ^hmmmmm^

kwukduck

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What is happening is everyone is waiting for that price rise that isn't coming. Once people start realizing there will be no rise the prise will plummet towards 200-300. We will see from there but i suspect by then the network will be severely crippled by all the miners quitting, stagnating the network as a result.

sandiman

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Quote from: matrix zion on July 13, 2016, 05:24:21 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

And if everyone is expecting to see the moon falling without any reason, would you still wonder why it didn't happen?

Fools expect a shit hitting the fan after the halving, but the fact is that halving was a long term planned event. It doesn't change anything that it actually happens.

I think there was more to see in that event regarding the markets. Usually, news almost always go with "dumps" on the stock, currency, or what ever it is value. The fact that bitcoin didn't dump on the news shows underlying strenghs, giving more power to the triangle breakout.

matrix zion

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Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

And if everyone is expecting to see the moon falling without any reason, would you still wonder why it didn't happen?

Fools expect a shit hitting the fan after the halving, but the fact is that halving was a long term planned event. It doesn't change anything that it actually happens.

redsn0w

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#Free market

Quote from: PeRo on July 13, 2016, 04:57:16 AM

Quote from: redsn0w on July 13, 2016, 04:52:14 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

I did not see more than maybe 1 or 2 users thinking that the price will decrease. The majority of users thought it will rise in this period, and they were talking about an increase in almost every thread in this section. Maybe I am wrong, but I think that there were more optimistic people here than those who thought the price would decrease.

In a long view period (5-10 years) bitcoin should increase more and more, imho.

Quote from: zby on July 13, 2016, 05:14:30 AM

Quote from: PeRo on July 13, 2016, 04:44:06 AM

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?

Exactly, that was the common sentiment. The halving day was only just symbolic, now it will start its effect.
The record amount of shorts on the halving day on bitfinex is an evidence to the contrary. Longs are also high - but now slightly below the level it had 2 weeks ago.

Topic: What is happening? - page 6. (Read 5541 times)