Bitcoin Forum

450$ just few minutes ago, breakout is incoming.

$450 breakout for what? in bitcoin? its a nature of bitcoin that will rise and dump.. but now the price not only hit in 450 and i think it will hit more i think 500 usd will hit in this week because the movement increasing is fast..

If the same percentage in growth continues soon within the end of this month we can reach $500 as most thread speculations describe.

It is May now, the price is still around $450. We might see the $450 price until the end of the month of May.

we may also see it a bit longer, as there are no real reasons for the pump to start.
Halving won't push us much this time, as it didn't last time.

I gradually think the price will stay around $450 for the next two months until we get the halving.

If you were mining 1 Bitcoin a month ($450), your income will reduce to 0.5 Bitcoin a month ($225) which was what miners were making last year. It will still be profitable for most of the miners, especially those who've been mining for a long time, only those who got into mining less than 6 months will suffer.

For this reason, I think Bitcoin price will stay around 450.

It's funny to see threads like this weeks after they started.  We're stuck in a range, though it does seem like the price is creeping up slowly.  No breakout though.  Damn, why can't it be 2013 again???

It is over 450, in the same vein as some days ago. Small movements up and down but nothing too alarming.

I don't think so. I think the price will remain stable for several months before halving, keeping its current range between $430-460, maybe eventual peaks around $500.

no, it wll not be stable for several months but it will sooner start to increase in the next month and will reach to a high value in the time of halving. and after that it will be around $100 for longer time.

A month later, the $450 break out which the OP talked about hasn't materialized.
I am not disappointed though.
Slow and steady is the way to go.

i actually prefer the price to stay relatively stable as it is right now. peaks and pumps are cool for traders looking to make profits, but calmth in the market will make less experienced people more comfortable using and buying bitcoin. i also hope the price will increase slowly.

Guys its gonna break out sooner or later.

I agree. The stable price may be a way to introduce people into bitcoins because it is stable for now and telling them the potential that the value may increase in the near future. Very, very near.

This is completely normal. Rise above 450 ten tomorrow it goes back to under the 450 dollar. It's predictable and there is no clear indicator there is a break out coming.
Even when it is 358 (the current price).

I agree with this. The price has no clear direction at the moment. It will trade within the range for some time.

for every new price (or a fraction of it) a new topic!
It's up it's down.... but stop to think about such movement ... they are pretty useless in a long term... because there is a "range" of value... no more no less!

Predicting prices have meaning only for the long run..Everything else are just speculations and wishes.
I'm tired from those false prophets, who have less the one Bitcoin..

The ceiling seems to be $470. When it gets there, the blocks get full (people moving their coins to the exchanges), a backlog develops, the blocksize debate kicks off again and people start selling.

That $470 ceiling has been broken. We will see $470 to be the floor for the next few months or longer.

The $470 might not be the floor any more. The new floor of the bitcon price could be around $500.

The price of bitcoin is quite strong now. If the price does not hit $600 in the next few days and keep on consolidating, it will not go below $550.