Bitcoin Forum

Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

you´re saying this time it´s different?

 ;)

https://www.youtube.com/watch?v=A26VYE1uPuI

AWWW ya it is.

1200 > 900 > CRAZY ASS NEW ATH

This is it, hodl tight! No time to explain.

Maybe one day we will get our eternal september. I don't think it's anywhere near ready for that now, let alone the rest of the world being ready. If this rally does turn into something massively historic then I'll eat my words with pride.

sounds like the same old shit to me.

Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

We will have a shake out, HODL STRONG



This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

Sup Legendary posters

the bull runs anthem:

https://www.youtube.com/watch?v=XRU1AJsXN1g

I was holding some bitcoin bought at 270€ now I'm buying more at 670€

It will end.

It will end and the ones who bought the last, from the highest price will suicide themselves to death. There is no way it can rise that much in such a small time frame. When the buyers get bored, everybody will be dumping their 1's and 0's to each other. and then 400's again...

This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

I would have expected the price to go down by this time or at least retract and stabilize.
But it keeps going higher and higher it's like there is no tomorrow.

I'm not even joking when I say that sentiment like this scares me.  People get really nutty in a bull market and then go broke.  So I'm nervous.  Anyone else nervous?

Maybe it's more to do with a shitty couple of years and more and some actual action for once? That's gonna make the people who've sat through it all pretty nutty with relief and some validation that they were right to do it.

I don't think the real madness has even gotten warmed up yet. When thousands of noobs show up here talking about loans is when the warning lights start flashing.

I get your point, but rising this high this fast...I don't know.   And while the price action is great if you're holding bitcoin as an investment,  this is horrible for bitcoin as a currency.   But stabilizing at a much higher price would be great.

This bull is going to end within 1 week or 1 month, no one knows this; but I guess that correction will be around to 600$, and not 200$ like 3 years ago. Once we've reached 1000$, everyone will try to sell its own coins, so, let's take popcorn and watch what will happen :D

If the current price is increasing just because of the hype and speculation around the block halving, then it will end as soon as the block halving has taken place. That's exactly what I expect to happen.

Nervous, pleased, numb. Mostly numb.

Its a double win, halving hype as well as bid up the price so bidders in australia pay too much for silk road BTC and are underwater when it dumps.

OP has cracked

But that's a good sign :D

$1000 is going to be a good feeling.

A bit of euphoria creeping in. Nearly time to sell ?

Don't they always say that? It's the new normal, it will really last, the past reasons to go down don't exist anymore, and so on and so on?
In "real world" economy and stock trading we've seen all the reasons, and during stock-trading-history there's always been moments everything goes down. Bitcoin will go down too, just wait for it. If you'd know when you'd be rich.
And it will go up again too.

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

No matter what happen we will still te price increase at 900 to $1000 value bull run is not enough that the price will still in this level..
Just holding is always better.. block halving is too far and more days will come..

if we are still in the bull run then this right now must be the mother of all bear traps...

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

This is on course towards being a 61.8% retrace. $610 was the 50% level, but there is abosolutely no previous market support at this level and no good reason for any significant market to play to step in here and put a floor in the market. This is Dump City. Next significant support level is $580 on Finex.

20th-21st June, we had the Australian Police BTC auction. What has happend in the run up to this 'event', and in the aftermath of it, all seems a bit familiar to the Nov 2015 DPR BTC Auction pump, and the subsequent dump that occurred just as soon as the auction was done.....I remember in 2013, that Bitcoin dumped down to 61.8% level, within a few 4hr candles, but made a full recovery within the next couple of weeks...but totally different market back then....there was the 'China craze' and perhaps more importantly, there was Willy bot on Gox (and his friend Markus), who just kept on scooping up BTC no matter what the price.....

.....what we have now, is 'the Halving', but "so fucking what!", quite frankly. Yeah sure, Double the mining difficulty, 'half' the BTC coming to market, and therefore the miners have been hoarding, deferring cashing in waiting on higher prices post Halving Pump....that prospect doesn't exactly whet my appetite for BTC...interestingly enough. Huobi, which lead the pump, is leading this dump. That is a pretty good suggestion that this is some of the miner's hoarded BTC coming to market. The likes of Finex and OKCoin Futures, keep wanting to bounce, but Huobi keeps saying nope, we are selling, and you will follow. A fucking traders nightmare having all these different wheels, all wanting to turn in different directions, never being sure which is going to win out.

I suspect BTC is going to find itself in another big range over the coming months. I think mid $500s will be the new floor...but I am always wrong, so it will probs be back down to $430 or something, which will be the *real* 61.8% retrace, and also the 'cost of production' price for the miners to keep the network running, which makes sense, hence, Halving Pump puts in new market floor which is the new cost of production for the commodity.

the bull run started from August last year has not ended. We shall see the price of $800, 900 and $1000 in the next few months.

 :D  ::)

The bull run started in the middle of last year. It has not ended. If the price drops 40% of the peak, then it ends.

Party's over, OP was wrong. You can trust me, I'm a professional scientist.

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

I just hope the bitcoin price does not rise more than 100% for the next 20 years, and it becomes less volatile.

I think you mean 100% every year. That is my hope as well. If the price rises slowly, less volatile, more people will use it.

So... you don't like having money?


Well some people do

yes there is no doubt that bitcoin will continue its journey and will raised to maximum but it will take some correction after each rising but hope that it will ever crash as we can see in stock markets. the price of some stuff raised too high and at one start falling and lower capping every morning. so i can say that bitcoin will continue rising but some time it will take some correction but that will not be so horrible and doubtful to sell the bitcoin.

I think no bull runs will happen instead te price will increase and increase, this is how i believe in bitcoin also bitcoin right now is growing day by day.
So its impossible that it will happen..

Yeah, I'm not sure you wouldn't want a rise of greater than 100% over the course of the next 20 years. 100% would put Bitcoin at $1,300, which would be way too small of value for Bitcoin to keep moving and keep the investor base it has for those next 20 years. You're looking at, at the very least, a relative doubling of the value for each year for the halvings to work and to keep the investors interested. That's just my opinion though.

you are right but overall the price still has to go only up in order to attract a lot of people to bitcoins who want to invest into it

in my opinion it is the only question in time when another pump and dump is going to happen, i think that we will see a huge growth in like a month

I don't even know why I replied. I hate it when people say they WANT the price to stay low or to only rise at a snail's pace. It's not good for bitcoin, it's not good for them, it's not good for anyone... just, WHY?

If you do not think so. Do you think the price bubble in later 2013 is good for the adoption of the bitocin?

I do not think so. Big pump and dump of the bitcoin price is bad for the mass adoption of the bitcoin.

That is right. But that is the growth pain. It will take some time for the bitcoin to be mature and stable.

There was a Bitfinex hack recently, the bitcoin price dropped 25% at one stage. So there will be more pains.

As time goes on, the investors will forget about the hack and the pain, they will start buying bitcoin again.

The price has almost recovered from that dump which is awesome and shows appreciation to Bitcoin itself

It's a pretty good bull run we're having, and it's been rising pretty much since last year, though we stalled out for a while.  It's crazy to think that signature campaign earnings could feed someone in a poor country.  Can you imagine if we got to $10,000 or higher?  Assuming payouts didn't decrease, that would be unreal.

How much have you made though signature campaigns?

I'm considering it... but dont wanna sell my soul  ;D

There is not much to be made from the signature campaign. It is better to earn money from other sources.

I mine the bitcoin indirectly. I mine the altcoins and then sell the altcoins for the bitcoin. It is quite profitable now.

yes i am also hopeful that the price of bitcoin will continue rising and will never fell down so much again as we have expected in past, the reason is just simple, as more and more people are entering in the field of bitcoin and they are also investing their money here.

That is my hope as well. But the bitcoin price is quite volatile. That is the reason it cannot be a good currency now.

No matter how many people are adopting Bitcoin, we'll always see massive dumps from time to time. It's how this market is, and it won't change. Better take the best out of it by scooping up more coins in times when the price gets dumped down hard. Make from something that certain people don't see as being good, something positive where you can benefit from. ;)

It can't be, because the current implementation can't handle mass adaption right now.

We can barely even handle the current traffic because of that stupid arbitrary 1 MB blocksize limit that serves no purpose other than to clog the network.

Once that problem is dealt with, we might see a real bull run.

I heard the SegWit will be released soon. So maybe in a year, the block size will be good enough for mass adoption.

But I do notice all the blocks were not filled up also the unconfirmed transactions are comparatively less. So, still lot of growth of bitcoin will be possible with this block size itself. The need of increasing block size greater than 1 MB will be initiated based on unconfirmed transactions which still will be having enough fees.

Hopefully devs will not wait till those days, before any bottleneck occurs and we are going to see block size increases. As of now, block size is not a big hurdle for bitcoin to move towards mainstream of adoptions.

With the new segwit implemtatoin and november ahead we may be in for a treat. Although I am not sure at what time they actually will decided to launch it.
The more times it takes, the better and less the impact will be.

Why Novemeber is so important? Will the SegWit be released at the time?

Maybe he is relaying in the old graph when the price of bitcoin is increase high and never experience by others.. november or december is one of the good month i just relying too in the last year graph..

In November and December last year, the price rose quite a lot. It might happen again this year.

The potential definitely does exist, however we have to see if the market wants to put on a repeat performance. Last year might have been a special scenario, considering we were sitting below $400 for most of the year. While I don't think you're 100% wrong, I'm still skeptical.

Nice song OP, I agree that some people start to hodle then, when they didn't know what bitcoin is, anv they still holding bitcoins and they don't even know why. Probably they are waiting some pension, or they are saving it for grandchildren. I like to gamble with my bitcoins, to cash out and use money that I earned.
Why to wait any longer, tomorrow maybe we will not be alive, no one can tell. I wish to live and have a life.
Now it's to early to say, but one day in far far future, someone will say that bitcoin was just bullnrun that never ends, for now we see how it's going and going.

I don't trust Core and segwit and you probable should not trust them either.

they're centralizing bitcoin and that's not a good thing at all.

and if they would have just increased the blocksize to 2MB for the time being while working on more long-term solutions we would be in a much better state right now.

but the truth is, Core does not WANT bitcoin to scale.

because they want to BLOCKtheSTREAM

Oh man you sound like a typical r/btc shill!
The head full of hate and conspiracy theories!
It looks like the overwhelming majority IS TRUSTING Core! And in few months we all will be smarter if we are on the right path.
Furthermore Core is not Blockstream!! Would be great if you could keep that in mind, at least for a while before starting the same bs again and again. :D

I HODL my coins because I want to see them make me a good profit in years to come. Interest rates in fiat banks are useless so I might as well HODL coins with a portion of my savings & hope for the best.

It's not a crime to invest in bitcoin, HODL & hope for the best. We all want to make a better life for ourselves.

Yeah it'd be good if somebody could poke the bull with an electric cattle prod or something to get him up & moving again, it's all gone a bit stale.

Nobody is going to be complaining as long as the movement is in the forward direction.
Bull run or walk, as long as the price keeps increasing, people are going to be attracted towards bitcoin.

Yeah, I noticed that too, been a bit stable for some week now, though recently there is some increase.  It has been observed that Bitcoin price keep charging high in November and December just like last year.  I think it will happen this year too.  And bitcoin might reach 900 USD before 2016 ends.

The bitcoin price is quite stable recently. It is consolidating at the moment. It might rise to $900 in December.

i also hope so that this time the price of bitcoin is not going to stop and hope that this time the price is gong to make a new all time high price record.

10/10 OP, beautiful song!!!  ;D

i am hopeful it will be,  as we were expecting it after halving, but the bitfinex issue slow down the process for some time but now the price again gain the acceleration and hope that this time the price is going to cross 1200USD this time.

The chart shows there is good chance of rising in the future. This is surely the bullrun that won't end. Bitcoin will probably be worth around $1200 again in march 2017. It's really time for change!

yes i also hope so that this time the price of bitcoin is really going to increase may be cross 1200 USD at the end of 2016.

I hope this will happen but I do not think it will because there are no big events and I think that due to that it will not rise a lot.
It will rise but not to high numbers anymore.

i am sure this condition will not stay for a long and its only the matter of time to increase high. maybe to avoid this situation, we can trade with altcoin so we can make another profit.

actually it can happen easily.
the market has been stable and there has been a good accumulation going on for a rather long period of time which can lead to a bigger rise in the following two months.
so the chances of that happening is rather high.

I dont think that tpeple are making allot of monmey with the bitcoin right now because the price is not really profitable right now becaue lots of people are
not happy with the price right now.

I dont think this wiull be the end of the bitcoin i think that in the future at least 10 years the bitcoin will exist but i dont think that he will exist for ever because
to many people are dumping bitcoins right now dont you thinkso.

So easy to make money from all the dips. It's so obvious that the whales are shaking weak hands since idiots always sell at the minimum dip. Since we are not whales, we can still make money by buying more bitcoin every time it dips. The uptrend continues as it has been since 2 years ago.

i do no think so, i think that the number of bitcoin users is increasing continuously, and it making bitcoin more and more stronger, i think in 10 years just a few percent of people will know about bitcoin hope that bitcoin is going to stay for ever as it becoming the world number one crypto currency and the new generation is going to give preference to it as they are interested in online shopping and bitcoin is really convenient for that.

It seems like a pretty predictable pattern.
Up $20-30
down $10-15
Up $20-30

I wouldn't be surprised if this happened until the $700-750 mark.

yes no doubt about this, bitcoin is really have a good future and is becoming stronger from time to time. hope that it will alive for ever and a  time will come when all the  people of the world will be using bitcoin for trading as well as for shopping as cash.

Hey, join the trade simulator and put that to work ;)

For latest 6 months bitcoin only got lot more stronger.
I don't say this bull run wont end personally but I feel like we are currently living best days of bitcoin, it has chance to jump new highs.

Actually to say after bitfinex crises, price value of the bitcoin was fall nearly more than 200$ but after that bitcoin price steadily increased and now reach more than 620$ now. I hope this run climb for more value and end of this year price will be 800$ for sure.

yes we are expecting so, as we are expecting that this time bitcoin is really going to cross all time high price of bitcoin very easily, my be at the end of 2016 or just in the start of 2017.

I think before end of this year we will experience of huge price increase just like past year ago.. if you really want to make a good profit right now buy more bitcoins or collect more bitcoin before november and coming december.. there is huge price increase will happen in november and the 2nd huge price increase will be december so get ready.. its just my own speculation and i am just relaying in old chart..

It is not that easy as you may think. Look at the volume of the halving pump and check where it stopped. Check what was the starting point and where it stopped. Once you have done that, come back and read what you  wrote. I guess, you will change your mind quickly.

yes i am agree with you, that is a fact that bitcoin future is too much bright as people are mow taking interest in bitcoin and making bitcoin more and more stronger that its previous position therefore it is not right to say that bitcoin is going to dies.

If you think the bitcoin will stop some times you ar right becuase we all know for sure that \allot of people will let down the bitcoin when he is dropping the price for suire!
you wont be able if you dont.

Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!