Bitcoin Forum

Bunch of lines converging there, flat and boring June is coming.

Then, only then, will it be time for the fireworks  ;D


https://i.imgur.com/CNjGUAj.png

I think price will not increase in this month, it will remain stable for this month as it has stuck since a long time, but may we will see $500 in next month before we reach to the halving.

I also think that we will not see any exciting market movements till we reach Juli.

For me personally it's not a big deal at all as I most likely will not sell any coins this year as I don't expect the price to increase with more than $50 to $100 from the price right now.

i would have disagreed with this a while back and would have said it is impossible but now that i have seen the market i think it is possible that we stay at this level for a longer period until there is a major rise.

but also it is possible that after seeing this little decline there will be a boom all of a sudden!

I think so. After all the price increased then it's decreasing now, so the price will not pump of dump so high.

Probably agree with the OP, don't think we'll see any major reaction until a couple of months after the halving. Maybe 500 USD by mid July & then 700 USD by September.

Yes, i also think no movement in bitcoin price in this month of June. You are right June is a boring month.
But it is feeling very sad, actually i have make a lot of hope with bitcoin.
But i think it will never come true, may be the next month bitcoin price will be increased. we all have a hope on July,may be July will bring some brightness in our Bitcoin's life.   

For my thought its actualy ok if price will still remain even if halving will occur for july and its really a good news in some point to us because we see the price also is not going down, some other speculators really speculates that the price of bitcoin will go drop or what you could big crash after people do massive selling for halving times happen, but i dont mather if that happens as long as i can still earn bitcoin with this current price well thats good for me.

Seems that times are going to be less boring:

BTC reached $454 some minutes ago and it's still May!  :-*

true, this would really be boring. stable prices is indeed very good, but we are waiting for the price increase has been from the beginning of the year, I think it's time to switch trading play again

reached $450 doesn't mean the prices will not going down tomorrow and this time i do agree with OP seem these boring times will still continue till end of june but might be on july the prices will increase a little bit more before halving

Would you rather see it going to $300 and be less bored? We should be glad people recognized the Eth pump and started to calm down again. Eth will still be with us, long after the pump n dump is

finished and also long after the Halvening took place. I took precautions and hedged against Bitcoin, by buying into the hype and profiting from it... just to sell again and re-invest into Bitcoin. These

Alt coins are a good method to get more Bitcoins.  ;D ;D ;D ....It's not boring, if it climbs steadily.. You have to worry, when it climbs fast. 

I don't think it's boring at all, I found very nice fun for myself. 450 $ for one btc is nice price in my opinion, if we can rise on 550 $ after halving and stay there I would be very satisfied.
If I can make a wish about btc price, it would be over 650 $ before new year come, I see bitcoin can do it, but honestly I'm not sure at all when we talk about btc price. It looks like there is many real possibilities that can happen, as a gambler I'm not sure at all in outcome.
In some moment's I feel like all we can do is to hope for me the best.

actually, when the prices are stable can be the most volatile times, you can see some very large transaction and some very lucrative websites built on the back bone of BTC.  those transactions and issues in a good or bad way with those sites can result in moments when the prices acutally vary as much as 13%.  it can get crazy when people think the price has become the safest

Not for nothing,  but $450 isn't bad at all.  We were absolutely stuck at $420-30 for most of the year.  Hopefully we're moving toward $500 but I'll definitely take $450 for now.  Altcoins are still on fire, so maybe when that blows over.

it can still be decreased, because previously we have touched more than that.
2 months towards halving, and yeah maybe it gets a bit boring seeing the prices are in the range 440-460

We are less than a month and half before the expected halving, and the recent trends clearly indicate 450 is the preferred price for mining farms, Chinese or Western. Why? Because the miners, especially the ones in China, see it as the sweet spot. They don't want huge increase in price because it invites unwanted competition. The Chinese mining cartel intends to control the market, their first order of business is to drive out the small, home-based miners around the world. Those of you who bought S7 from Bitmain have shot themselves in their foot already. At least I do NOT mine on their Antpool, if you do, you are shooting yourself a second time.

Yeah your right and i think we will still see this price until mid of june or the price will decrease this coming june. unless if some still promoting bitcoin in locally in every each country just like doing MMM before thats why the price is increasingly fast. but its imposbile right now to happen..

Should be exciting to buy bitcoin since the alt-coin is effecting the btc price.

It was $430ish and easy $20 difference in price if you bought btc yesterday and the day before. Its not much, but its a discount.

Boring can mean accumulating more before halving.  Halving may have no effect on price but just in case . . .

Is too bad to say, i've think about this too how if bitcoin never reach $500 until end of june and the price start rising in july 2 weeks before halving and i've a question can bitcoin price goes high more than $600 only in 2 weeks.

Like the title says, it's time for consolidation. We had some very good months from November and now the price seems to be stable. No large investors stepping.
Or big investors stepping. The market has reached consensus and we have to deal with it, although some people find that very hard.

It was expected that it will be the best year for bitcoin, but so far we haven't seen any good news related to bitcoin and it has been boring year for bitcoin.

I dont really find it boring since my earning is still continue and its very ok for if price really stable and it maybe had bad effect for other and find it boring because they usually see price up and downs but it can be good because if price stables their will be no more lose and it can be nice to us because we can set fix to our earnings with this and maybe by that time ebay or amazon will accept bitcoins because price stables with no problems for lose.

boring is fine, allows me some time to buy a few more coins before they become really expensive.

just a few more months and it will become a real pain to buy a full bitcoin, but luckily i already have reached my target, but you can never have too many bitcoin.

I kind of agree.. However with one caveat. If the U.S. banking/economy has an unforeseen crash, which there are somethings pointing to this before the end of June. If this happens, Bitcoin=moon

Let me quote and correct myself:


Seems that times are going to be less boring:
BTC reached $454 $479 some minutes ago and it's still May!  :-*:-*:-*

I agree with the OP, pretty much most of the "halving effect" is already priced in. I wouldn't expect much more to be honest.

I do not know if today's bitcoin price rise to $477 is the effect of halving, because I think halving still two months away.

it has little to do with the halving, it's mostly just speculation at this point.

but whatever the cause, it seems to have quite some momentum.

i seriously doubt if the bitcoin price can stay below $500 anymore especially for another whole month.
June is so close to halving and because of that the rise will be speed up and it will soon get past $500 soon.

I wouldn't count on much momentum in here. This looks to me like the last pump in November. We touched $500 and went significantly down right after that. This time we won't have anything other than having hype to support such a rally. Guess how far it can go.

I guess it's all right now indisputable. bitcoin prices are currently rising, and this may rise today is quite high, probably around $ 20, well if this continues, I think this will no longer be boring

People have been expecting this forever and will continue to. And whatever financial crises in the past there've been, it only inspired more speculation from existing traders. Maybe a few hundred Greeks and Cyprus types piled in. The other millions put cash in the mattress.

the current price increase will only last if it gets supported. we will really know if this will last once we are a few days away from now. at least this price boost is a very welcome form of market action for traders. no one can say that this is boring.

It's funny how the OP and a whole bunch of other people confidently state whats going to happen only to be proven wrong within 28 hours. Some people even drew lines on charts!

i don't think there is any boring time with bitcoin ever, it is always full of excitement and unexpected things.

and $450 is also past, and soon the $500 is gonna be broken and the stable new boring will be $520

Yep. Long term bullish, the rest is just noise. I don't know why people expend so much energy trying to predict these things. The ones who are successfully making money trading, probably keep their mouths shut because they have the experience to know that making bold predictions usually makes you look like an idiot more often then not. No offense to OP as I do appreciate speculation threads, but it's funny just how wrong most predictions are.

there is always boredom on bitcoin prices, when it is stable is very old and is in a low price.
but the current price is not boring, because it will continue to rise to $500, everyone was sure with it and halving will bring it.

These 5 months were really boring. I stopped trading in March when the price wasn't reaching $500 as I had bought all my coins above $500 in November. I am still waiting to sell my coins at a price above $500 and don't know when will it reach that price. The price is stable for so many months.