Bitcoin Forum

Hi guys,


Just now i noticed the price, Bitcoin reached 5394 which is equals for 1 bitcoin. Cheer up and enjoy.

I think Bitcoin will reach 1000$ at halving time. Please share about your thoughts regarding this price rise. 8)

Price is $540 now and I think if it continues to go higher till the halving then I think we can see the price of $800 at halving, $1k seems to be difficult in such a short time.

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

I think it's to high, $1000 for each bitcoin. My hope is bitcoin's price no need to go high but stable on $500-$600 or more. The halving is close now, maybe it will increase again.

Hey bryant coleman,


After long back i am seeing you here man. I don't need to explain you about speculation part of bitcoin. Because you are very much aware of halving effect. So don't pass negative vibes here bro. Bitcoin pump will continuous and It will reach its destination as Satoshi expects!

Bitcoin keep its price higher, cause bitcoin halving is near. So im just saving up for the bitcoin halving.Im so excited in bitcoin halving ive keep 0.5 in my wallet hope bitcoin crossed 900$ after bitcoin halving

we cross yes will it hold i think so chinese market is holding btc price for over 570 for almost 24 hours isnt this little strange
europe and us market 540 chinese 570 its 30$ difference which is huge from one perspective
i dont think this is over and for falls dont expect it to go bellow 400 that will be bottom after all this

We can reach the 1000$ price by the end of the year.  Im thinking what i will gonna do if the price went up to 1000$, is this the right time to buy bunch of btc and hold them before the year ends,?

Yes we will see now this price in this year itself, now we don't have to wait longer to see the price of $1k, just hold your coins by the end of the year.

yesterday there was a price difference of around $50 between china and the rest. it just shows that the demand in china is miles ahead of all other continents.

Exactly, may be scenario will change in coming days and other continents also starts adopting bitcoin as China but its really good to see price above $500 at a moment.

I miss the /s for sarcasm!!
$200 is very unlikely and you know that.
And sure we are on a run at the moment.But that doesn't mean we will crash after it.
I believe after each run we will see a new higher bottom.And $1k isn't out of reach.Maybe not year, who knows.But we will hit the 1000 again I'm sure about that.

$1,000 ?

Wow, with I had more BitCoin in my wallet.

I do not think that the price will reach $1000 soon. You are talking about double of the current price. And this won't happen except if the market value is doubled too and more people adopt bitcoin

The current sudden increase in Price is more likely the Chinese interest in the bitcoins before the halving and the massive buying by them. Also the halving is about a month and a few days and this Chinese buying can seriously raise the price to a more high value. But its not gonna be sustainable and it can drop any moment. I dont know whats the motto behind it and whose gonna benefit a lot. for general bitcoins Users, see the price and make the decision of when to sell it and dont be greedy of not selling and waiting for more increase. It can decline also. So make your move according to your speculations.

It is not likely to hold since it shot up to fast in a short time.
Haven't had time to check it this morning as it probably is changing so frequently that it isn't even worth it to follow through out the course of the day. Too much movement from one minute to the next from what I can tell from watching it last night.

You see now indeed that the value of the Bitcoin is going to rise and that is nice for the people with already have Bitcoin but maybe it will be more worth in the future and that is nice.
So we can sell it with a lot of profit and that is nice for the people that is waiting for a high value.

We will see much higher price in coming days, and this halving will be the best for all the users of bitcoin who have been waiting since long time to see higher price.

As far as I am aware this recent bubble is not caused by halving.
It is more likely caused by Chinese depositors who are trying to transfer their wealth out of China and avoid government regulations by doing it in the form of BTC.
Soon they will try to exchange their BTC to FIAT again and bubble will pop.

It is really cheer up thing, i also have hope about Bitcoin price will be reached at $1100 in halving time.
for me, it is first time, when i m using the halving actually i want to know what is Halving and how we use it.

The Chinese investors are unpredictable. Remember what happened in December 2013? They are prone to panic selling. The lack of support from the government is not going to hep either.


There are two types of speculators. The bulls and the bears. I have my own reasons to post pessimistic posts about the future Bitcoin prices, and you have your own reasons for posting the optimistic ones. It is all part of the game.  

today i was saw various prices at many exchange and most of them has already passed $520
and i think the current situation will good for bitcoin users but there is no guarantee that the prices will still increase after halving date

I think this is just a beginning, I believe bitcoin prices will be higher than it is today, there will probably be some trigger, and the trigger most of our waiting is halving. if the price of bitcoin will reach $ 700 before halving, then I can conclude that the price at the time of halving occurs bitcoin is above $ 1k, and I hope it's true.

Yeah if that is the price at the time of halving then no one can stop bitcoin to reach to the value of $1k in this year and now it seems to be achievable.

We all know that when supply is limited and demand is high, price explodes. This is what we are seeing right now in BTC

That was a very good thing to know ,but i am not yet ready i have not enough amount of bitcoins.but still if it up to $1000 it is good thing for us. It is the start of the bitcoins to explode the news.

I think we could see a dip in price or correction soon.  It has jumped up very quickly in the last few days.  It seems a little too fast so I expect a pull back and then a more steady increase over time.

From where do you get those informations please ? I'd be happy to know from where you get this wonderful information that the use was declining.

Even if it drops now it won't  be below $500 at this stage, and even if remains stable at that price then majority of us would be satisfied with that price.

Many of the online retailers who were accepting Bitcoin earlier have removed it as a payment option. Websites such as Bitmit, which dealt in peer-to-peer trading using BTC have also closed down. The daily transaction volumes are much lower, when compared to the same in 2013 and 2014. Even the exchanges are reporting a decline in volumes.

$500 price was dream of majority of us, but now it has reached so quick then no one is ready to believe and holding their coins for much higher price.

On the other hand take the number of stores accepting Bitcoin throught BitPay, including the recent giant Valve.

That is just awesome! I would recommend to those who have some nice ammount to sell it and in days when the price will fall again to buy it. You are going to have nice profit from that and repeat in future when bitcoin will start to grow again.

I`m excited cause of this sudden rise, I can say even a bit surprised. I expected to go up, but not fast like this. Its just a bit crazy I think, halving is so close and this is like some intro.

I knew that everything is possible with btc, but after things like this I have a feeling like it can really go to the moon. I know its like imagination and maybe too much optimistic but its just like that, excitement. How else to explain it.

Some people talking about collapse, well it is possible to happen of course. But I doubt in it.Daily transaction volumes are much lower cause everyone is holding bitcoins for halving. Who is crazy now to buy something with it or to sell it. Its logical. That means real explosion we will see in months after halving and if you see how crazy is now, what we can expect for couple months?

We cannot expect major price drop at this stage as price is going up now and we will see the same in coming months too, so hold your coins for halving.

Really, price is rising extreamly fast, we can reach 1000$ price after halving, people doing right if price going so high. I really want earn some coins till halving comes.

Hes just sharing his experience basically lol.

But in my experience I can see it a different way, although some of his points can be valid "being a bubble".

My case though the way I see why its a reinforced bubble but a legit investment is there is nothing else to go to beside the blockchain technology which he cant deny as well. We need this in order to protect our money regardless.

It may not be used in the form of a merchant approach mainly, but more of a savings mechanism in my view or just kept focus as a money transmitter alone only value.

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash. Right now, I am just holding what I have.

It seems too risky for me to dump right now. Even though I highly suspect that this is a bubble, I still don't want to risk the chance of missing out on even higher profits. Such is the problem with emotions and commitment.

Yes, it's fantastic that the price has increased incredibly in a matter of days, but I can't really see the price reach $1000 at the time the block halving takes place. It's simply too much to ask for.

We can expect price around $700 at the time of halving as that seems to be an realistic value to hold and achieve in next couple of days.

It just keeps going up so I hope it will keep rising as I have alot to give.  ;D

Price will keep on moving up until the halving stage and if you are planning to buy then buy it now as price would be much higher in coming days.

Correction is inevitable and the question is what day it will come.

Because you know exactly what the fair value of a Bitcoin is...  ::)

Yeah now I think bitcoin is kinda stable at around $530 in last 10-12 hrs but it will change obviously. A 1000$ seems alot but them again we have 40 days left till halving it could be possible I was expecting somewhere around 700$

The last halving has given us prove that bitcoin will be cross $1100, so after 4 years this halving is coming, so we can say that $700 is enough. My opinion about this halving will be stopped more than it $1100.
May be i m not true, but i know about it that halving will give us some surprise about the Bitcoin price. But it is good that bitcoin is increasing day to day, if it continue the price rising of bitcoin so in the time of halving bitcoin will easily achieve at $1100.

You are wrong. It was the demand from China, not the halving which propelled BTC to four digit exchange rates versus the United States Dollar. At the time of the last halving (2012), BTC was going at a rate of $10 or $12 per coin, which was not much higher than the exchange rates in 2011. There were two spikes. The first one in mid-2013, and the second one in December 2013.

quite possible maybe in range 700-800 for halving or wider one 600-800 cuz for me 600 is bottom after halving price and think that this price can be maintain for quite some time
rushing now for 1000 is not good cuz it that happens we can expect way down to 400 or even under that

You have it wrong my friend. The current spike in the Bitcoin price is due to increased Chinese volumes and this is possibly due to capital flight in China. It has very little to do with halving speculation and any bubble being created. The Bitcoin price will naturally decline after the halving event, because a lot of people will take the opportunity to sell some coins, when the price reach higher peaks than usual.

Statements like this, needs to be backed by proof, and I see very little of that here. ^smile^

You can now see indeed that the value of the Bitcoin is going to be more worth and that is really nice for the people with already Bitcoin so that can be nice for us with already Bitcoin.
But the halving is also coming towards to us and that can be nice if we are going to sell it on the right moment, but it will be really hard to predict for what the value will be.

If you checkout the BTC charts when last halving occurs at November 28, 2012 quote was $12.1

After that time BTC prices exploded more than 15 times in just 4 months. What I'm trying to say is halving means less supply. And everyone knows what it means. No?

What`s that "5394 which is equals to 1 bitcoin"?

You mean 539.4$ ,right?

I wish that bitcoin reaches 5394$ ,but that`s impossible  ;D

Impossible. Are you sure?

Last halving time: November 28, 2012 (Price: $12.1) Total 10M coins in circulation
After the halving, prices exploded more than 15 times in just 4 months.

Now: 15M coins in circulation

50 to 25 still seems ample, whereas 12.5 begins to feel like a small number suggesting scarcity.

I am also exited form of that. Unfortunatly I am only in the biggining on making money on bitcoins and yesterday i have got first payment from my campaign. But I am sure that bitcoin will continue to rise. My friend who read news about bitcoin and chat with other high level users told me that there is a prediction that already this July bitcoin will rise in two times! So let's wait a bit and see what will happen.

5k is possible, but not before 2028 halving imho, but we can say that a new peak to 5k can happen before that halving, but it would be dumped soon, if it happen now it would be just a pump and dump not a steady value, better to increase slowly like we are doing it now, it's good i think

Totally agree on this pump and dump thing. But it is very hard for prices go higher slowly when scarcity is clear and most importantly this scarcity is/will not temporary but permanent one!

Yup thats possible in bitcoin halving that it can reach 1000$ but if the price reach that i convert.my money to fiat :) because i want to secure my money in that amount even if theres a possible it will reach high i dont have doubt to convert it because it risky if i wait $1000 up . I think if i wait it theres a chance that the bitcoin price will down so thats my plan

This price now is a part of regular pump and dump cycle. Maybe the price ia pumping now beacuse of upcoming halving but after that the dump could follow. So, maybe it's not the time to be happy too much.

This is the best moment to sell your coins you know there are allot of people who bought them for 300 or something lower and for now hes 520 thats quiet allot so sell them know you will get nice profit.

keep holding as much as possible, I am sure it will continue to increase to $600 when approaching halving ;)

Yeah holding till halving can be really good for all of us as price is rising up now and I think price will be around $700 at the time of halving.

It's great that you have a goal in mind which is to hold till the upcoming block halving, but there is more than only the block halving. I believe in the long term potential of Bitcoin and that's why I will keep holding my coins for several years. I will of course secure profits from time to time, but the majority of my coins will remain in my cold wallets.

I also suggest on holding for now. No major auctions (except one) coming up in the nearest future, plus halving. Very good price rise potential.

Yes great to see,I also think bitcoin will reach 650$,it is only 20% from current level,news from Dubai are supporting bitcoin price rise,maybe better sell oil for btc than debt dollar

Yes holding seems to be the best thing at a moment, price will rise in coming days for sure, so I am not experimenting with my coins, am just holding them.

But what if somebody sell a huge amont of btc  and others do it also, could the price of bitcoin be affected because of that massive selling of bitcoins?

Because as sound as you think it is, the rest of the world views Bitcoin as an extremely speculative investment. So, when investments viewed as "safe" fall, investors first reaction is to unload stuff from their "risky" category.

I analysed the market wrong and placed my sell orders between $500 and $530. But now I think it will go more up and I missed lots of fun probably $650.

Maybe even more, price was 550$ two days ago, so maybe we will get $700+ before halving. Keep holding and you will get your profit for sure.

I think it is not 5394 it is typo as price is near 539$ lol.

I think we may see 800 after halving but 1000$ is last time ATH and it will be really hard for bitcoin to cross that level again as most of the people who bought at that ATH level before will try to see at that price again.

Yeah that value seems to be realistic now and we may see this price at the time of halving, so holding my coins in the best possible way at a moment.

Sure about that?

Check this:

https://www.theguardian.com/technology/2016/may/31/australian-police-to-auction-13m-in-confiscated-bitcoins


Auctions are happening all the time. The only thing is that nowadays they don't get much publicity from the mainstream media.

Everyone wants to make profits from halving and no one prefer to spend their coins at this stage so its good to hold till the halving to enjoy higher profits.

There's no way bitcoin would reach 1k before halving. In fact, I don't see a chance of bitcoin crossing 1k at all this quarter.

If halving shows us the price of $700 or 800, then $1k will not take long time and  we may see this price at the end of the year.

I jsut saw this guys, this is a recent news and states why bitcoin go boom.
http://fortune.com/2016/05/31/3-reasons-bitcoin-is-booming-again-price-nears-550/

"China, China, China" sums it all about the rise of bitcoin price.

I know we have finally managed to hit $500 not we have to go on and reach $600 that is the new target. Lets hope that we can hit that before the halving is coming to change up the price.

Since when has it been any different? China always leads when it comes to pumps and dumps. Other exchanges just follow what happens there and adjust their price accordingly in most cases.

That's interesting. I knew China has always played a big part in Bitcoin price's changing but I never realized that it plays the major part.

Last year I heard about China being the culprit of the sudden pump of BTC rate, some Chinese investors bought a lot when MMM was introduced in their country. never of of MMM in China again after that because a lot has happened with MMM in other countries. If this is indeed the works of China, whats behind it?

As Oleg Andreev pointed out in that article, a large part of the BTC purchases by the Chinese are just short-term ones for switching to major currencies such as USD, EUR and UKP later. The CNY is notoriously unreliable, and the government devalues it whenever they like. 

Another important factor is that most of the Chinese exchanges (such as BTCC, Huobi and OKCoin) have zero trading fees, which artificially inflates the overall trade volumes.

532,00 USD now and i'm sure it will keep increase. Actually the price of bitcoin is going down before and now it's back increase up to $532.

Yeah, This week we got a surprising news to see bitcoin from $450 to $550 ,with that it is obvious that anything can happen in Bitcoin price, so it is also a possibility that at the time of halving it will reach to $1000.
there were a lot of people who were saying that a big jump is not possible in bitcoin price and they were saying that bitcoin price is increase with slow speed and it will continue like that even in halving and after that too, but now they may got that in halving big jumps like that will occur and everyday we will see big profits in our wallets.

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash.

halving will be my goal to sell, maybe if after halving no increase I will immediately sell when price touches $600 because if it falls, I am afraid to wait longer.

The Bitcoin price is finally above $500 now, I have waited a long time for this to finally happen. This is going to attract some media attention which can lead to more and more Bitcoin users.
The goal is now to go and hit $600, it is possible for it to happen this year without the halving coming.

everything is possible 450 was barrier and now when is crossed price is over 520 think that is the same now barrier is 550 if we crossed it thing that 600 is easy reached without any doubts

I was just about to ask the same thing and I want to add that usage of Bitcoin does not have to have an effect on the price necessarily.
People who are getting into Bitcoin to use it as a long term investment won't contribute much to the general usage, but their presence does make the price higher.

china's a big map with big investors, you must expect it. This investors found a way to profit without making any risk and bitcoin is what they think

Agreed. Sustainable growth is when Bitcoin usage and adoption rises along with its exchange rate. That doesn't seems to be the case, at of now. The recent spike is 100% caused by the margin traders and speculators. The bubble is going to burst in the next few weeks. Shorting looks attractive right now. Lots of money to be made.

I think this halving will make another history om cryptocurrency.Unlike last halving yesr 2012 it cross over $1100 after halving.Im not even shocked on sudden price increase on bitcoin 1 month before halving because just like what happen last halving it increase then suddenly drop fo $200 and rise up to $1200.I think this halving will pass out what he reach last halving.

You can indeed see now that the value of Bitcoin is going to be more worth and that is really nice for people with already Bitcoin and are waiting for the right moment to sell it.
But it will be really hard to know what will happen in the future because it is a currency.

it is way to soon for the Bitcoin price to reach the thousand we need a little more time for something like that to happen any time soon. The chance is bigger that it will happen in 2017.

The price will surely go to $1000 but it won't be this year. It needs time to build up enough buy support to come even close to that level. My guess is that we'll get to see $1000 somewhere around the summer of 2017 or else closer to the end of that year. Either way, we need to have patience.

The rally to $1200 in november 2013 was 1 year after the first halving in 2012!No correlation between these two!
With a bit of luck we may see $1000 this year.And if it happens I hope this will be sustainable and not just a short peak.

BTCitcoin crossed 520$ now I mean today it is 568.95$. :) :) :) :) ::) so hurry, it is rising get today and invest more to rich soon.

$585 dude, and it's not the end of rising, i hope that we will get $600+ till halving comes. Many miners will lose half of theirs money but we need to make profit.

Nice to see price increase again.Don't sell your bitcoin people,wait for a high price,wait for halving and see a nice price of bitcoin.

Halving still not come yet and the price still rising high. i agree to not sell my bitcoin at the cheap price like now and of course i will holding till see a nice price.

not to sell is good call buy them now is also good call for selling them latter
im positive that we will all got our share after this all is played well

I think after halving the price will cross $700, then you decide if you will sell your bitcoin or keep it for long time.

well it will surely dump as many people will probably grab the chance to sell with 700 bucks value of bitcoin, its quite high already if you ask me

i'll keep, 700 is still nothing, we need to go to $2k and more, bitcoin reached 1200 remember? it can not stop at 700 it must go above the last ath

You are right, if we think about halving then we can say that the price of bitcoin is now too much lower and we have to buy more bitcoins and I have noticed that now the price is at about $592 and a lot of people are continuously buying bitcoins, as they know that in the coming days it will cross $650 and will give more profit and hope in this month it reach to $700.

1200? When? Didnt knew that. Any link of your claim?

After long back i am seeing you here man. I don't need to explain you about speculation part of bitcoin. Because you are very much aware of halving effect. So don't pass negative vibes here bro. Bitcoin pump will continuous and It will reach its destination as Satoshi expects

This is the effect of upcomming bitcoin halving, Peoples are buying bitcoin massively that affects the price of bitcoin.It pumps cause many people are buying it. If this continue i am predicting that bitcoin would hit 1000$ aftet halving

It goes beyond the halving. Its a collection of good news, solid progress being done by core devs, and the cherry on top to fuel the bull cycle is the halving.

Which progress are you talking about exactly? Last i checked there is no solution for the block size. just some minor updates.
Therefore I am confident the price we see today is 100% from the current expectation of the block halving. Nothing more nothing less, just anticipation.

The price will shoot up before and during the halving, and then the price will slowly climb. $520 is nothing, what's really something is the moon! :D

Well there aren't any guarantees that the value will suddenly skyrocket once the halving hits, chances are it will hit its highest point before the halving, maybe minutes before the first clocks start saying "0:00", but not before then. It will either be a large buy up or a relatively stagnant movement, both of which I would be fine with.

Well I think it will cross more than that. I think it will cross 700$ soon.  ;D

Yeah, it's good to see the price rise up as the halving comes. If this keeps going on, maybe we can reach 1000$ price after halving.
Just hold Bitcoin as much as possible so we can earn big profit. ;D

Yeah, bitcoin is still darn cheap right now in my opinion. It would be stupid enough to sell your bitcoins right now when the halving is still 1 month away! We're looking at a bigger pump when it gets closer.

We have already hit $590... Looking to break $600 very soon.

yeh don't wait for its price to go 800 and buy. so while its still 500+ buy more or earn them right now as much as possible for once it goes beyond 1000USD. you'll find it harder to actually buy from someone.

I have same feeling on this too, this price hype is just a panic buying of users because of halving event.

That's nothing... it is still pretty cheap. wait t'ill it gets to $700 or probably more before July. The halving is coming and the price might rocket any minute now!

It's good to be positive, but do yourself a favor and don't be too expectant regarding the price for the next 4 weeks!!
Just because halving is coming closer doesn't mean we will continue moving up until that day.
It's also possible that we will move almost sideways for few more months and see the next increase at the end of this year.Or even worse, we drop down to 450 before moving up again.
Always expect the unexpected, 'cause this is Bitcoin!! ;)

Let's go to the 777$ mark, to my lucky number  :D
At this price I'll sell because I think it'll fall then back to 450$. Lots of ups and downs in crypto world.

It will not go back to that price again.,lets say bitcoin will fall after this week but a liitle amount only,
Lets not forget the halving  cause this event makes bitcoin stronger.

Yup they tried to crush the price wit ha panic sell after the 595 top of the other day, but it quickly recovered and now we are at a really really stable 580 price. It will not last much, the price is wanting to explode all the way up.

No your prediction is not true, bitcoin after reaching to $777 will not come back to the lower price which you stated, but it will continue to increase to a more higher value and will sooner cross $1000.

I personally think that it will cross 1100$ during halving and then by the end of 2016 at 800$. Maybe at march 2017 its value is 1800$ but thats a prediction.

Cant wait for the bitcoin price  to cross the 600$ before the end of the month.

your dream comes true now, Btc price already crossed $600 ($613 now). maybe it will reach $700 before the end of this month.

...

I go away for a few hours and come back to find BTC at $622 (ounce.me)!  Wow, I did read at ZH that it is apparently due to heavy Chinese buying...  Maybe they are looking to get funds OUT of China now?

Sunday night stock trading in Shanghai promises to be interesting... 

marketwatch.com (http://marketwatch.com) has a way to check some Asian markets (inc. Shanghai) as well as US futures.

Yeah, definitely. Bitcoin is still soaring and going extremely strong. The halving isn't even here yet and yet we're experiencing such bullishness, probably from the Chinese bitcoin buyers.

$1000 is very possible at the moment. Still 1 month to go :D

I found an article of 2015:

"The fundamental value of BTC will eventually grow quite steadily, and this suggests that the price for it in the next year will fluctuate around $ 400- $ 600 for the BTC.
With such dynamics is quite reasonable to expect a doubling of the cost for a few years, which will come out on the level of Bitcoin $ 1,000- $ 1,400 by 2017. "(c)

As we can see, the barrier of $ 600 has been overcome.
In general, many experts point out that Bitcoins are attracting more attention from investors against the backdrop of tighter banking regulation, to combat loopholes in the tax laws and the introduction of restrictions on the movement of capital. So it is quite likely that the course will grow and grow.

And today it crossed $620 and I wish that in the coming week it cross $720 and so on, weall will be richer if it happened at least in this year as with that in the end of the year the price of bitcoin will be more than $1000.

Yeah, bitcoin is still going strong after when it hit $520.

I believe that it's going to go over the roof when it comes closer to halving. I mean, we're still a month away from halving and the full effects of halving have not been demonstrated yet. We're going on a wilder ride.

the prediction was right but all wrong now ..
it is $4000 now .... i love it

This thread was created a year ago. See how increased prices. 8 times. Indeed bitcoin is a super currency. I should be very sorry if, for any reason, we lose our opportunity to be relevant to the bitcoin community.