Bitcoin Forum

Economy => Speculation => Topic started by: the_poet on June 03, 2016, 02:57:15 PM



Title: $570 reached on Bitstamp.
Post by: the_poet on June 03, 2016, 02:57:15 PM
Has Bitcoin been increasing too much in value? The more it grows, the more I fear we're going to hit a huge inevitable dump!


Title: Re: $570 reached on Bitstamp.
Post by: spazzdla on June 03, 2016, 03:12:11 PM
We will see an epic dump.. but not yet, not yet.

2-4K then epic dump, 50%-60% drop IMO.

We are in the year of the bull.


Title: Re: $570 reached on Bitstamp.
Post by: mindrust on June 03, 2016, 03:15:15 PM
This reminds me the good old times.

I wonder which exchange is being "goxed" at the moment.

Average people will start to buy miners and start mining after seeing those prices and then we will see a huge dump.


Title: Re: $570 reached on Bitstamp.
Post by: Dafar on June 03, 2016, 03:19:15 PM
We will see an epic dump.. but not yet, not yet.

2-4K then epic dump, 50%-60% drop IMO.

We are in the year of the bull.


2K-4K?! that would make me a very happy man but I kinda doubt it... at least not until months after halving. This would put our market cap at 4x ATH


Title: Re: $570 reached on Bitstamp.
Post by: AmazonStuff on June 03, 2016, 03:21:02 PM
Naaah, be realistic, we will probably have a correction, then swinging @$500 for about 2-3 week and then this trend will continue.


Title: Re: $570 reached on Bitstamp.
Post by: BellaBitBit on June 03, 2016, 03:24:20 PM
Naaah, be realistic, we will probably have a correction, then swinging @$500 for about 2-3 week and then this trend will continue.

I agree with this one.  There will most likely be a correction and then re-stabilize at 500.  I think 500 is the new bitcoin price.


Title: Re: $570 reached on Bitstamp.
Post by: the_poet on June 03, 2016, 03:27:04 PM
Naaah, be realistic, we will probably have a correction, then swinging @$500 for about 2-3 week and then this trend will continue.

I agree with this one.  There will most likely be a correction and then re-stabilize at 500.  I think 500 is the new bitcoin price.

Yes, $500 will most likely be the new $430.


Title: Re: $570 reached on Bitstamp.
Post by: Dafar on June 03, 2016, 03:27:38 PM
Naaah, be realistic, we will probably have a correction, then swinging @$500 for about 2-3 week and then this trend will continue.

I agree with this one.  There will most likely be a correction and then re-stabilize at 500.  I think 500 is the new bitcoin price.

Disagree with both... there is always a correction to a runup but I think this one is strong and we'll see more steam until it corrects back to 550s or higher


Title: Re: $570 reached on Bitstamp.
Post by: 600watt on June 03, 2016, 04:24:29 PM
573


Title: Re: $570 reached on Bitstamp.
Post by: crairezx20 on June 03, 2016, 04:48:40 PM
Bitcoin will be rise day by day and i think we will see 600 value in this week the price is moving up fast.. and i think this is because more people are now buying bitcoin because they know that value of bitcoin will increase more after block halving..


Title: Re: $570 reached on Bitstamp.
Post by: UnDerDoG81 on June 03, 2016, 04:58:14 PM
I have a feeling that I should sell a few now  ::) But I hodled for too long to risk it :)

EDIT: We are on par with Huobi, I had to sell :)


Title: Re: $570 reached on Bitstamp.
Post by: the_poet on June 03, 2016, 04:58:27 PM
There's always a chance Bitcoin could keep growing at this rate till the halving day, and if that's the case we might see $800-$850 by then.


Title: Re: $570 reached on Bitstamp.
Post by: European Central Bank on June 03, 2016, 05:05:44 PM
Even if I was in the mood for selling, I don't think I'd be letting go of anything right now. A rise has been a real long time coming. Maybe there's the appetite for more.


Title: Re: $570 reached on Bitstamp.
Post by: MadGamer on June 03, 2016, 05:18:47 PM
Yes, of course there will be a dump but not yet. First , we probably won't reach 600$ (not anytime before the halving) and same goes for the dump , It will happen after the halving block reward when the price may reach 1000$ if not more ... then the PANIC starts and everyone sells.


Title: Re: $570 reached on Bitstamp.
Post by: s1lverbox on June 03, 2016, 05:23:08 PM
Yes, of course there will be a dump but not yet. First , we probably won't reach 600$ (not anytime before the halving) and same goes for the dump , It will happen after the halving block reward when the price may reach 1000$ if not more ... then the PANIC starts and everyone sells.

i think dump will happen to shake weak hands. Price will be arround 550 and thats new 430 like not long time ago.

Halving will bring new highs and bubble but first weak hands will be empty handed so whales can profit most.


Title: Re: $570 reached on Bitstamp.
Post by: Dilla on June 03, 2016, 05:26:06 PM
Yes, of course there will be a dump but not yet. First , we probably won't reach 600$ (not anytime before the halving) and same goes for the dump , It will happen after the halving block reward when the price may reach 1000$ if not more ... then the PANIC starts and everyone sells.

"Won't reach $600" we hit $580. We're close, I think the ATH will be tested around halving


Title: Re: $570 reached on Bitstamp.
Post by: PacePay on June 03, 2016, 06:50:16 PM
And did you visited to Yobit?
after seeing this thread I immediately visited there and saw that the price has been reached to $578 at there.


Title: Re: $570 reached on Bitstamp.
Post by: ebookscreator on June 03, 2016, 07:18:29 PM
And did you visited to Yobit?
after seeing this thread I immediately visited there and saw that the price has been reached to $578 at there.
the price right now is 579 and i think sooner will hit the price in 590 the next goal is nearly done.. 600 value will heppen these days i think better to collect more bitcoin instead of watching the value of bitcoin because if you have low bitcoin you can only make few profits..


Title: Re: $570 reached on Bitstamp.
Post by: Amph on June 03, 2016, 07:19:50 PM
450 was rock solid, we were there for months, there is no reason to not believe that there will be not any dump until 700-.800


Title: Re: $570 reached on Bitstamp.
Post by: Ted E. Bare on June 03, 2016, 07:25:32 PM
With the block reward halving approaching my guess is that not many people will want to sell their piece of the pie.


Title: Re: $570 reached on Bitstamp.
Post by: DodoB on June 03, 2016, 08:00:21 PM
I think the price is going to be stuck between 500-600$ for a few months until the next big rise/decrease in price.


Title: Re: $570 reached on Bitstamp.
Post by: 600watt on June 03, 2016, 08:38:36 PM
I think the price is going to be stuck between 500-600$ for a few months weeks days hours until the next big rise/decrease in price.

ftfy.


Title: Re: $570 reached on Bitstamp.
Post by: 1Referee on June 03, 2016, 10:06:24 PM
Has Bitcoin been increasing too much in value? The more it grows, the more I fear we're going to hit a huge inevitable dump!

At this point I don't think there is much to worry about as we are still a good number of weeks away from the block halving. The real dumps will start directly after the block halving. Worst case scenario will be that the dumps will start a few days before the block halving as large traders are looking to cash out a bit earlier.


Title: Re: $570 reached on Bitstamp.
Post by: Sukovsky on June 03, 2016, 11:44:36 PM
Oh the ignorance! OFCOURSE the big pump will be BEFORE the halving. It's all speculation. It will be BIG