So when is the next Spike ?

[Technologov]

2 years and no spikes !

How much coins on exchanges ?

[1714960591]

1714960591

[AtheistAKASaneBrain]

2 years and no spikes !

How much coins on exchanges ?

All indicators are aiming at the halving. The having is something expected by a lot of people, which means the hype is huge and anything can happen.

[Metadextrous]

2 years and no spikes !

How much coins on exchanges ?

All indicators are aiming at the halving. The having is something expected by a lot of people, which means the hype is huge and anything can happen.

I see that every people in this forum talks a lot about halving, but anyone care to exolain what is halving to me? I'm sorry i'm still a newbie in this cryptocoin world

[Metadextrous]

^^
Sure.  Miners are now rewarded with 25 BTC for solving a block.  That number will be cut in half in 2016.

So, according to what you said, starting in 2016 the miner/pool who get to solve a block will get 12.5 bitcoin instead of 25 bitcoin?

[Amph]

still not two years, the 1200 spike was initiate in late november, i would wait at least for the end of this year, but i believe nothing significant will really happen

[bassclef]

When the market is ready--that is when enough strong hands hold most of the bitcoins, small amounts of demand buying into very little selling can push the price by large amounts.

That means a strong surge up but not necessarily parabolic. The market has more price discovery mechanisms now (futures, margin trading, etc) than in 2013 so the rise may not get past $1000 until next year. I'm anticipating a move to $400-$500 in the coming months though--the price has bottomed and wound itself up for at least that much

[pa]

When the market is ready--that is when enough strong hands hold most of the bitcoins, small amounts of demand buying into very little selling can push the price by large amounts.

That means a strong surge up but not necessarily parabolic. The market has more price discovery mechanisms now (futures, margin trading, etc) than in 2013 so the rise may not get past $1000 until next year. I'm anticipating a move to $400-$500 in the coming months though--the price has bottomed and wound itself up for at least that much

Another thing that has changed since 2013 is the proliferation of altcoins, some of which are compelling enough to steal mindshare and capital from Bitcoin.

[spazzdla]

Just wait until another 2008.

You won't have time to buy in though.. it will be moon bound in mintues.. legit.. minutes.

[gentlemand]

Another thing that has changed since 2013 is the proliferation of altcoins, some of which are compelling enough to steal mindshare and capital from Bitcoin.

There were mountains of alts around back then too. Nothing at all's changed there.

[bassclef]

When the market is ready--that is when enough strong hands hold most of the bitcoins, small amounts of demand buying into very little selling can push the price by large amounts.

That means a strong surge up but not necessarily parabolic. The market has more price discovery mechanisms now (futures, margin trading, etc) than in 2013 so the rise may not get past $1000 until next year. I'm anticipating a move to $400-$500 in the coming months though--the price has bottomed and wound itself up for at least that much

Another thing that has changed since 2013 is the proliferation of altcoins, some of which are compelling enough to steal mindshare and capital from Bitcoin.

Altcoins are largely a way for traders to increase their BTC which is what everyone wants at the end of the day. Even protocols like Ethereum with tremendous potential are not immune to market forces--Counterparty was there months ago with Overstock et all "on board" and nothing big came of it except the usual pump and dump.

Never fall in love with an altcoin--it is not different this time.

[spazzdla]

^^
Sure.  Miners are now rewarded with 25 BTC for solving a block.  That number will be cut in half in 2016.

So, according to what you said, starting in 2016 the miner/pool who get to solve a block will get 12.5 bitcoin instead of 25 bitcoin?

Yes this is correct.

bitclock.org

[Mickeyb]

2 years and no spikes !

How much coins on exchanges ?

All indicators are aiming at the halving. The having is something expected by a lot of people, which means the hype is huge and anything can happen.

Yes, but I am afraid that nothing will happen since this is very often what happens when people are expecting something will pretty sure happen. Lokk at Greece, everybody expected miracle by looking what happened during Cyprus crisis and then one big nothing!

[gentlemand]

Yes, but I am afraid that nothing will happen since this is very often what happens when people are expecting something will pretty sure happen. Lokk at Greece, everybody expected miracle by looking what happened during Cyprus crisis and then one big nothing!

It was a little something, but not much. Ideally it put the idea to bed that Bitcoin's movements have anything to truly do with what's going on in the real world. Its market is too tiny and stunted for that.

[goosoodude]

Well it all depends on what do you refer as a spike. If you are looking to see ATH prices once again, i believe no such thing will happen for a couple of years.
The upcoming block reward halving next year is sure to bump up the price quite nicely, but i doubt it will force it above 500$.

Maybe it's the best for now to buy in while we're at a sub 300 level, because i doubt it will stay that low by years end, and who knows, if we get some
sort of a cascade reaction, maybe even another hype awaits. Fingers crossed !

[randy8777]

i would want to know that as well. if we all knew when to buy, then there wouldn't be a market anymore. make sure you buy now and have patience.

[illyiller]

2 years and no spikes !

How much coins on exchanges ?

Patience. Let's just enjoy the range trading down here while we have it. And accumulate coins in the $200s for as long as possible. Once the daily and certainly the weekly charts start closing above $320...... we will have our next spike IMO.

[LFC_Bitcoin]

Nobody here can answer with 100% conviction when the next spike will be. A good guess it next summer though as a result of the halving. The Winklevoss Gemini exchange 'should' be positive news for the price.

I still think we're at least 5 years away from a time that we're all amazingly excited about the major success of bitcoin.

[mindrust]

No more spikes i guess. We need a big manipulator for a huge spike like 2 years ago, and unless some big exchange does what gox did, we won't see it coming.

[SmoothCurves]

Next big spike will be around  Q42016 -  Q12017

[gentlemand]

No more spikes i guess. We need a big manipulator for a huge spike like 2 years ago, and unless some big exchange does what gox did, we won't see it coming.

The last thing it needs is more manipulation. If there's a spike caused by more real humans deciding they have a use for it in their lives, then that I approve of. Any other reason will ultimately be bad news.