Bitcoin Forum

When the summer/halving arrives, we'll see if this wasn't a blessing and not a curse. The fact that we are going back too 3XX territory only means how manipulated the market is (whales are shaking off idiots to buy back cheaper) and how clueless actual fiat whales are by not getting in as we speak with billions on the line (im talking about those fiat whales that have been paying attention to Bitcoin for years now but are too scared to get in because they are stupid and ignorant about it.)

It's going to be a hell of a show and im ready.

I'm still holding and investing the majority of my Bitcoins while also buying for $360.
Which seems awfully cheap, especially when I've seen it shoot up to $400 in a matter of hours/days.

I have already bought nicely at sub $400 prices when we were going through the previous "crash". I have sent some more fiat to my exchange account to buy even more if the price goes down the comming days. I'm waiting for it.

Everything could be manipulated and thats how every market is. Even gold market is heavily manipulated by those who owns alot of physical golds. People are ignorant about this because of the halving actually, people are waiting for this opportunity to sell since there are chances that it could be much higher ( most people thought about this )

I`ll just take my chances, after the halving..

But I am buying though, just not the same as probably you or most others here. I`m buying in smaller amounts, only cause I cant afford the risk at the moment.

The whole halving story is just whatevers to me.

I bought a significant chunk at $320 and I will be looking at earning as much as I can this year to stock up on coins long term, I don't think we're going to see these prices again for awhile later in the year.

When I was buying at $1200/BTC, this was exactly what I told myself...

I think it's whatevers to a lot of people and that's why I think the halvening doesn't matter as far as the price is concerned.  Everyone who has a vested interest in what's going to happen has already priced it in.  You know, a bit of efficient market hypothesis...?

it's the same argument, about missing the cheap coin, many like you were advocating the same thign when we were at 2xx, and they were right, the next bubble will make them cry

and another new opportunity will emerge again at a new higher bottom which will become the new cheap target, but people will cry again because "price to high etc..."

If they are interested in long term growth, then buying at todays prices is probably the best investment you can make in years. People don't see that, they just keep staring at the price hoping it to go lower so they finally can buy. And the funny thing is..... Even if the price does go down, they will then wait again. :D #Clowns.

I'm also on the same ship as you but that's not the only problem here. Only few are long term investors base on what I've seen in the community therefor they only buy for a cause and then that's it. The other half are panic sellers and 1/4th are those who keep on manipulating it and the other left portion only are long term users which the outcome is majority will regret soon.

was the issue of blocksize already exist before the price went up to $400+?
I'm thinking this issue was just brought to spread fear and make users sell their coins cheaper. and so they'd be celebrating for more profit in the next bubble.

hope the prices stays like this for awhile have no money to spend on btc :/ but realy want to buy 2 more at these prices. but it looks like it will stay like this for awhile its moving down a litle or going up a litle day by day. no huge swings.

Remember you bought on the way up.
It's hard to predict how high a price will rise when such a bubble starts to grow.
At the time you bought in this bubble was already pretty big.
Next time buy when price is down or moving sideways on a low level.
We where around the low 200s for a very long time and many people could have used this opportunity.
Now although we are back to 370s after being in the 400s this is still a gain of more than $100+.
Halving is coming closer and a price below 400 imo is pretty attractive.Therefore OP might have a point here.But in the end it's all speculation and in worst case scenario nothing will happen.

i totally agree with this. people will surely smash their heads against the wall for not buying when the price is approaching the $1000 price level at some point in the comming year(s). i have already bought enough coins below $400 so i can just sit back and relax watching the price go up.

Only buy as much as you're willing to risk :) it's definitely not a sure thing that the price will go up (although it would make sense).

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

I think now bitcoin will always be good a opportunity for buying. If you are willing to wait, you will definitely be rewarded in future. If something bad happened (damp) wait for a while and you'll be ok.

That's right, 300's were a good time to buy but 400's are good too. If you think about holding coins for long term it's still relatively cheaper. 1-2 months later we can say similar thing, People not buying 4XX like crazy will hate themselves in 6 months. :)

I think with the inflationary aspects of bitcoin, I think buying is always a great option (Unless its a huge pump)

Price is hovering around the $42x mark. It doesn't take much to push it to $3xx levels.
Just 5% decline - that happens routinely with Bitcoin.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

It is most likely going to increase beyond $420 over the next 6 months, but at the same time people were saying stuff like this around the time Mt.Gox was just about to go down, and we all know what happened to investments once that occurred...

Luckily there is no single exchange that holds a pseudo-monopoly like Mt. Gox, but we may never know if there is another pump going on.

In 6 months, the price will be at least $800. The block reward halving will raise the price quite a lot.

Nobody really knows what will happen after the halving. For all you know, the price rise from $2xx to $4xx could be in anticipation of the halving.
The halving effect could already be incorporated in the current price.

I am amused how people are convinced that price MUST go up after halving. Do you guys know that we had halvings before right?
And after none of them price skyrocketed, it was quite the opposite, we had price decline after previous bitcoin and litecoin halvings.

We have had one block reward halving. The price right now is definitely higher than what it was at the time of the last halving.
In general, there has been a trend upwards.

I had bought it when the price is still 3xx, but until now I keep him, because I know the price is going up again  ;D

I regret that I did not buy the bitcoin when the price was at $3xx. It might not go that low in the future.

Yeah me too. now i accumuluate more and more BTC for my future.

Stop waiting and buy at todays prices. Otherwise you'll keep seeing yourself say the same about when the price was still below $500. ;)

That could be a good advice. I will find some money and buy the bitcoin. I shall sell when the price is really high.

Yeah...

Well you can say whatever you want but halving is coming.
And after halving what'll happen? Price rise?

No. Massive big fat dumping.

Even at $400, I am selling my altcoin which I mined to buy the bitcoin. The bitcoin price will rise a lot this year.

I am going bonkers right now not buying at that price because now I am buying at $100 more than I could have 2 months ago. Now in 6 months I will have to sell what I have now so I don't feel so bad about that loss. Isn't the bitcoin price erratically a b*tch nuts sometimes  :D

I missed my chances back in 2012 at $180 per coin.

So most definetely learn a hard lesson there, I been pretty much buying in small increments at a time though, incase of a premium comes quick.

Anyone whos still waiting, theres no more waiting its only going to go up.

actually i'm not regret when not buying bitcoin down to $3xx but i was regret because not buying during the prices $2xx because i was very doubt to buy and don't dare to do so

Should I really buy bitcoin? I have recently sold my coins because I needed money but now I have spare money and I can buy atleast 2 btc at current rate but I am confused should I buy bitcoin and hold till halving or keep earning with sig campaigns until halving?

I think you can buy back in 410-420$ range. Buy and hold them, then earn more coins and be ready for halving.
Things might be hotter this summer, it's always good to be prepared.

I don't think you should regret...

When I bought some at $800, I was telling myself I will regret if I don't.... and then....

But I did buy some at $200+ so my "break even" is around $600...

That's what I think too. $4XX is not a bulb which is going to explode, on the contrary, the price is still lower than it should be and everyone who is buying now will not regret it several months later.

The halving itself will not make the price higher alone. The bitcoin market will need more users and traders in order to go higher.
The situation is not clear at all so no one knows which one will regret after 6 momths , the buyer or the seller

It wont, but if theres a enough hype around it.

New people see the price action focus then what this is really all about with a temporary price surge creating buy orders.

I've kinda forgotten what price action feels like. Maybe bitcoin itself has too and this is it for ever and ever. It would be cool if something happened this year.

Fundamentally, the general adoption of the bitcoin in the daily life will make it more valuable to us.

Halving is very good chance for whales to earn good money, and they will pump bitcoin, this is 99% sure but how high and how long we will had chance to sell bitcoins, this is very tricky question. I don't recommending buying over 600$.
We can call it what we like, future of money, best crypto money..But bitcoin is everything else than money at this moment.

It is very hard to forecast price of bitcoin because it is very volatile and price itself depends upon various factors like demand of bitcoin, no of users of bitcoins, status of market, bitcoins available etc. You can not say so easily that we should buy insanely it might not be profitable. It might only stabilize the price instead of increasing.

people will soon start buying when they will see the reward halving is near and the price will start rising significantly as more and more people will jump in to make a lot of profits

im buying like crazy right now with all the money i have left from buying the stuff i really need, i hope my investments will pay off in the near future and i will make a lot of money

Bitcoin is now more like symbol of good and profitable investment. This is wrong attitude and one day price
 rise will stop and many new investors will lose their nerves and the will start dumping.

If the bitcoin becomes a major currency, its price will rise in long term as the number of coins will reduce all the time.

Guys we are still in the lower $4XX it's not too late yet to jump on the action before the price starts to get pumped like crazy in the coming weeks. I think it won't matter if you have missed out on $20-$25 cheaper Bitcoins if the value is going to be doubled up in a couple of months down the line. But I strongly believe that whoever buys now will be in profit by the end of the year.

The bitcoin price from $400 to $420 is a good entry point for long term investors. I will buy some now.

Hold tight, long term youll get it back  ;)

The price will rise in medium term. It will be aroun d$1000 by the end of the year due to halving and other factors.

I wish it was as easy as you are describing. It doesn't work like that unfortunately.

We need to have ongoing genuine demand combined with a lot wealthy traders ready to buy up the price.

Just the block halving won't make the demand go up like crazy.

It requires time to build up demand as more and more people will start to adopt Bitcoin. It will take longer than a year.

Although halving doesn't affect demand, it might affect temporary supply. I'm imagining a wealthy chinese mininer, doing around $100k in revenue per month/day/whatever. He's trading 50% of those mined BTCs into national, popular currency in order to pay bill, rents, employees, etc. After the halving, he either won't be able to keep any of those BTCs or he puts less of them up for sale.
Although demand remains unchainged, supply might see a sharp decline. (+20% in price during the 2 month following halving?)

I would love to see that as a the new medium for pricing...

But I never have too much hope on things like this, esp when the rest is up to us to make up the difference in price by holding or buying more.

I mean its nice to see, dont get me wrong. But shouldnt be solely relied on halving alone..

The value of the bitcoin depends on its usefulness. If we can use it to buy things, then the price will rise.

The halving is gona be an absoulute cracker buy now its a cert......... will hate to say i told you so..........  ;D

Exactly. There are still, what, 15million bitcoin already produced so far? So it's a different situation every time the halving happens now, compared to the previous halving. It won't just double in price overnight because of the halving like some people are expecting.

people have had enough time to buy sub $300 coins, but they kept asking should i buy or wait. same happened when the price was below $400. now don't let another great chance slip through your fingers because you are not making the decision to buy.

Well it turns out OP was right. It was an easy guess tho, everyone that is skilled on Bitcoin and knows how to interpret the fundamentals, knows that we are on a turning point and the last few months were an absolute bargain. The fact that we had Bitcoin at 200-250 and people weren't buying as much as possible is just insane.

The reason more people weren't buying was because there wasn't a lot of confidence when it came down to whether or not to make the investment. I know this seems redundant, but there would be way more people buying if there was the same strength being shown now at the $250 range.

Well people should start buying bitcoins now even if the price is at ~$450. With the current small steady increase in value, it is to be expected that bitcoin value to probably be upto $500 by July.

The price is 460 dollars now. If you bought at $360 a few months ago, you are making 100 dollar profit.

Absolutely not ::)
You are making a 25% profit. And on those 25% you can take off the extremely numerous fees you gotta face. That be to buy btc in the first place or to get back to fiat.
It's not because btc is making a 100$ increase that you earn 100$...

If you hold the bitcoin from $360 and sell at $10360, then you will make almost $10,000 as long as you do not trade.