Bitcoin Forum

Economy => Speculation => Topic started by: BitcoinBarrel on December 31, 2016, 11:17:40 AM



Title: Don't get caught in the Bear Trap
Post by: BitcoinBarrel on December 31, 2016, 11:17:40 AM
Do you really think Bitcoin price is going to crash after Block reward halving?


Title: Re: Don't get caught in the Bear Trap
Post by: Sourgummies on December 31, 2016, 11:19:57 AM
thats years away dude. No need to think about that yet.


Title: Re: Don't get caught in the Bear Trap
Post by: bitjoin on December 31, 2016, 11:20:55 AM
Do you really think Bitcoin price is going to crash after Block reward halving?

No not crash its not going to happen.  What im seeing though is no huge volume in the west as of yet, pretty interesting.  If there is an increase in western volume its spread thin across ATMs, exchanges, local BTC idk.


Title: Re: Don't get caught in the Bear Trap
Post by: Shiroslullaby on December 31, 2016, 02:37:42 PM
Small dip right now, but it probably wont go below $900-925.
For all we know this is a slight correction before going up to $1000.
The price has been so crazy recently, I don't think anyone can predict what its going to do in the start of 2017.


Title: Re: Don't get caught in the Bear Trap
Post by: BitcoinBarrel on January 02, 2017, 07:00:43 PM
Resist the urge to panic sell folks if the price slides backwards.

https://i.imgur.com/eEJ1kmq.jpg%253F1

Next stop: MOON


Title: Re: Don't get caught in the Bear Trap
Post by: manselr on January 02, 2017, 07:33:39 PM
Do you really think Bitcoin price is going to crash after Block reward halving?

If anything and judging by past performance when the halvening happened, all it does is increase the supply... as expected. The supply shrinks, the demand stays the same (and normally keeps increasing with time) it can only lead to one thing = an higher price.

If we keep making good progress, the halvening pump will happen while the current uptrend is still going on. I think we will reach a point where we just see lateral growth with some up and downs but the all time graph will look like Berkshire Hattaway class A. Bitcoin is a super asset of unique qualities anyway.


Title: Re: Don't get caught in the Bear Trap
Post by: BitcoinBarrel on January 02, 2017, 08:17:00 PM
Here comes the Bear Trap folks, sub $1000 now on Preev.

HODL!


Title: Re: Don't get caught in the Bear Trap
Post by: quake313 on January 02, 2017, 10:37:24 PM
Here comes the Bear Trap folks, sub $1000 now on Preev.

HODL!

What? Just looked and its 1014.


Title: Re: Don't get caught in the Bear Trap
Post by: Huge Black Woman on January 02, 2017, 11:37:09 PM
Bear trap wat?  Don't know 'bout block reward halffing, dough, din't we jist go through that?  Y'all talkin' bout the next'n? 

Me I'mma more scared of crashin' jist 'cause we gettin' so high anyway rite now.  This here's an exponentially euphoric rise we been seein', an we all could slide rite back down ta where we was stuck at this year.  $430.  Hope not, but could happen.


Title: Re: Don't get caught in the Bear Trap
Post by: BitcoinBarrel on January 03, 2017, 12:25:23 AM
Here comes the Bear Trap folks, sub $1000 now on Preev.

HODL!

What? Just looked and its 1014.

Seems to have bounced back real quick. Price holdin steady


Title: Re: Don't get caught in the Bear Trap
Post by: BitcoinBarrel on January 05, 2017, 04:32:46 PM
Bear trap is here! Don't settle for small profits, the whales are waiting to snatch your coins.


Title: Re: Don't get caught in the Bear Trap
Post by: njcarlos on January 05, 2017, 04:38:17 PM
Bear trap is here! Don't settle for small profits, the whales are waiting to snatch your coins.
That's a justifiable argument if we deep below $800. Not $950