r0ach (OP)
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October 04, 2015, 10:06:35 AM |
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In the past four years, there's probably never been a safer time to hold Bitcoin than now.
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No Gods or Kings. Only Bitcoin
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Furio
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BTC | LTC | XLM | VEN | ARDR
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October 04, 2015, 10:09:22 AM |
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In the past four years, there's probably never been a safer time to hold Bitcoin than now. I do so hope you're right It seems every time bitcoin is rising something happens that fucks it up, latest BS, XT....
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OmegaStarScream
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October 04, 2015, 10:21:45 AM |
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Yeah but that dosen't mean that we are going to be rich or anything , I don't think Halving block reward will do much (at least not the one of the next year) . However I think that the Gemini exchange (by the twins) will do something in Bitcoin for sure .
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randy8777
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October 04, 2015, 01:40:04 PM |
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i'm sure people who buy in now and hold it at least untill the block halving will get a very decent reward in return. the only thing you need to have is patience.
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Biodom
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October 04, 2015, 04:01:14 PM |
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Yeah but that dosen't mean that we are going to be rich or anything , I don't think Halving block reward will do much (at least not the one of the next year) . However I think that the Gemini exchange (by the twins) will do something in Bitcoin for sure .
why would it? there is already an institutional itbit exchange in NY.
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LFC_Bitcoin
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October 04, 2015, 04:11:03 PM |
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Haha I like the idea of this thread, just needed to get a post in on the 1st page incase the price does go up massively as a result of the halving next summer. Kind of a - 'I was there' - thing.
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CoinBateman
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October 04, 2015, 05:17:54 PM |
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The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.
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@CoinBateman | Killer Crypto Instinct
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Amph
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October 04, 2015, 06:39:09 PM Last edit: October 05, 2015, 07:08:24 AM by Amph |
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The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.
unless you're making the trend, the pump will happen, almost certain, look at litecoin, it happened despite everyone thinking that it was dead, and it was a x15 if i'm not mistaken the point in that it not will happen when you expect it, most likely not in the same day as the halving like a dating...
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CoinBateman
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October 04, 2015, 06:51:19 PM |
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The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.
unless you're making the trend, the pump will happen, almost certain, look at litecoin, it happen despite everyone thinking that it was dead, and it was a x15 if i'm not mistaken the point in that it not will happen when you expect it, most likely not in the same day as the halving like a dating... The trend is down, we have no way to make a valuation of real market demand for BTC. You should observe that despite a clear increase in Bitcoin Adoption and healthier state of the market, the price has done nothing but fall. Obviously, the distribution was too un-even at the beginning and the price is unsustainable higher. The halving will not have as much effect as people 'hope'. People simply don't realise that the people that control the BTC market only move the price in the direction that is most profitable to them. Hence the year long decline.
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@CoinBateman | Killer Crypto Instinct
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futureofbitcoin
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October 04, 2015, 07:04:56 PM |
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The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.
unless you're making the trend, the pump will happen, almost certain, look at litecoin, it happen despite everyone thinking that it was dead, and it was a x15 if i'm not mistaken the point in that it not will happen when you expect it, most likely not in the same day as the halving like a dating... Litecoin's pump is because of pyramid schemes in China. It has nothing to do with the halving. Let me tell you again, that your assumption that everything else will stay equal is so completely and absolutely flawed, I can't understand why you are so stubborn and refuse to accept this fact. The halving is a very small part of the equation, we really have no idea what will happen. However, I do believe that bitcoin's price will change because of the halving. It's not that the halving itself is a really big factor, but there are many people who, like yourself, cannot understand that. I predict that sometime before the halving, the price will go up, because people like Amph are going to buy coins in hope of a quick profit when the halving comes. But because the halving itself really is not a big factor at all, that pump does not happen, and then these people will start to lose faith and start dumping, which will crash the price for a little while.
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Meuh6879
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October 04, 2015, 07:06:03 PM |
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We Will (always) Win.
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mskryxz
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October 04, 2015, 08:23:26 PM |
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There's no such thing as defeat for bitcoin, only delayed victory!
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NorrisK
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October 04, 2015, 08:28:42 PM |
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We may be part of the new elite, but that will not be because of the halving. It is just generally a good time now to buy as the lows have been tested multiple times and we don't seem to be able to break down more. It is just a matter of time to enjoy the rise again
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Mickeyb
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October 04, 2015, 09:05:51 PM |
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I also think that the solid floor has been formed. With the upcoming halving I don't think that we will be heading south, on the contrary, I believe we will be going only up in the upcoming moths and just until the halving.
I must agree with the OP, this is a quite safe time to hold some bitcoins.
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LFC_Bitcoin
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October 04, 2015, 09:48:48 PM |
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We Will (always) Win. Love this GIF . Going to steal it for future use There's no such thing as defeat for bitcoin, only delayed victory!
That's the spirit. Remember this day Gentlemen! Page 1 of the halving elite thread. We were here I also think that the solid floor has been formed. With the upcoming halving I don't think that we will be heading south, on the contrary, I believe we will be going only up in the upcoming moths and just until the halving.
I must agree with the OP, this is a quite safe time to hold some bitcoins.
Agree Mickeyb!
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1Referee
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October 05, 2015, 06:09:38 AM |
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I hope we are more than just the halving elite. But yeah, people who aren't holding till Juli 2016 are going to miss out bigtime. Holding Bitcoin is always the best option, especially if you can buy them at current price. Investing and making profit can't be more easy than it is right now
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Amph
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October 05, 2015, 07:11:31 AM |
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The price will go the path of least resistance. If everybody expects a price pump for the halving, then it simply won't happen. Markets do not work the way you expect them to.
unless you're making the trend, the pump will happen, almost certain, look at litecoin, it happen despite everyone thinking that it was dead, and it was a x15 if i'm not mistaken the point in that it not will happen when you expect it, most likely not in the same day as the halving like a dating... Litecoin's pump is because of pyramid schemes in China. It has nothing to do with the halving. Let me tell you again, that your assumption that everything else will stay equal is so completely and absolutely flawed, I can't understand why you are so stubborn and refuse to accept this fact. The halving is a very small part of the equation, we really have no idea what will happen. However, I do believe that bitcoin's price will change because of the halving. It's not that the halving itself is a really big factor, but there are many people who, like yourself, cannot understand that. I predict that sometime before the halving, the price will go up, because people like Amph are going to buy coins in hope of a quick profit when the halving comes. But because the halving itself really is not a big factor at all, that pump does not happen, and then these people will start to lose faith and start dumping, which will crash the price for a little while. where i did say that the halving is the only thing that will change the price and everything else will stay equal? you can't assume shit on something you don't know, you don't know if demand will increase or not, so i put aside this factor but you can know for sure 100% that if there are less coins produced, there would be less dumping, unless you think that right now miners are dumping 1800 coins, and after the halving they will dump all the mined supply(1800 coins) i'm still waiting for the source that it was a ponzi or pyramid about the recent litecoin pump, until now every halving has brought a pump, there were no exception, so why you should think that bitcoin is different, when we are talking about the king here? the only thing that should be clear, is that the pump will not occur the same day of the halving, it can occur 6 months before or 3 months after, but it was still caused by the halving in any of these case
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electronicfactura
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October 05, 2015, 08:58:26 AM |
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I do agree that this is best time to hold as after halving there will be huge increase in price of bitcoin.Bitcoin is on the way to be most previous and valuable digital currency of future.Halving of blocks will be one more step towards this goal.
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pleaseexplainagain
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October 05, 2015, 09:09:42 AM |
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I do agree that this is best time to hold as after halving there will be huge increase in price of bitcoin.Bitcoin is on the way to be most previous and valuable digital currency of future.Halving of blocks will be one more step towards this goal.
the supply side has long been known. but the demand side has been very hard to read. we have lots of market manipulation even by the very exchanges that help "set" the price as they trade in the market too. in the last few months the price has been in the $200-$300 range. I think this range is so large that it will not be possible to see any halving price effect even if there is one.
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newcripto
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October 05, 2015, 10:45:25 AM |
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I will say current price is because of debates regarding blocksize and Xt which created atmosphere of fear for little investors.Once things will be settled down for good halving will surely have positive and healthy effect on price too.I also see increase in price after halving.
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