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Author Topic: This steady rise is gonna continue till halving  (Read 2961 times)
lolikop (OP)
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October 24, 2015, 12:50:16 AM
 #1

Expect 600 by new year and a new ATH before halving!!!
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October 24, 2015, 01:59:29 AM
 #2

Expect 600 by new year and a new ATH before halving!!!


impossible, bitcoin always overheats, then crashes (temporarily).
One thing I would agree on: it would be difficult to either mine or cheaply purchase bitcoin after halving.
Mining: 14/16nm chips are coming this winter/spring and they will bump the network speed at least 2-4 times over 2016 making it more difficult to mine.
In addition, with 50% less bitcoins provided for sale by miners, even with the same demand we might get market imbalance until the new price equilibrium is reached.
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October 24, 2015, 02:18:55 AM
 #3

could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.
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October 24, 2015, 02:20:50 AM
 #4

could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.

It's still a pretty long way away. I wouldn't want to make any predictions about what might happen. Sub 300 post halving would break quite a few hearts though.
lolikop (OP)
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October 24, 2015, 02:24:38 AM
 #5

could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.


Those traders will be taken out by strong support
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October 24, 2015, 02:45:51 AM
 #6

i doubt reaching $600 by the end of the year as the recent movement in the bitcoin price isnt really steady and most likely it will only go up until it reach atleast $350 and expect it to drop again but im not sure about the price when the halving is near tho
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October 24, 2015, 04:24:30 AM
 #7

Nah, I don't think it will continue to increase up until the halving, but my gut feeling tells me that this is something different from the previous terms especially we are nearing the halving.

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October 24, 2015, 07:16:35 AM
 #8

Expect 600 by new year and a new ATH before halving!!!


I'm a bit sceptical about a new ATH by the time the halving comes but I would say 600 is definitely possible.

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Amph
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October 24, 2015, 07:24:42 AM
 #9

Expect 600 by new year and a new ATH before halving!!!


impossible, bitcoin always overheats, then crashes (temporarily).
One thing I would agree on: it would be difficult to either mine or cheaply purchase bitcoin after halving.
Mining: 14/16nm chips are coming this winter/spring and they will bump the network speed at least 2-4 times over 2016 making it more difficult to mine.
In addition, with 50% less bitcoins provided for sale by miners, even with the same demand we might get market imbalance until the new price equilibrium is reached.

everyone is waiting for one of those overheats to be the real pump, one of those must pump bitcoin like crazy, it is expected, it's only about time before it happen

14/16nm chip are yet to be revealed, and their efficiency would at best be in the "double" range
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October 24, 2015, 07:33:51 AM
 #10

Expect 600 by new year and a new ATH before halving!!!


Well I surely hope it would happen like this. We can already see and tell that this current rise is something different. It is very controlled and it seems with a lot of power.

Now there will be some tough levels to jump over. For example $300 is historically hard to brake. Let's see how we will jump this over. This can tell us a lot about this movement and are you right or WRONG OP.
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October 24, 2015, 08:23:56 AM
 #11

I don't think this rise is "the rise". We'll probably still have many months of little price movement, as we've seen the last couple months, a kind of staircase shape till the thing goes parabolic.
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October 24, 2015, 08:40:51 AM
 #12

Expect 600 by new year and a new ATH before halving!!!


Steady rise, OK. But there won't be a new ATH before the halving. I simply can't see the price break through the $1000 level within 2-3 years. $350 is the target for December-January.
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October 24, 2015, 08:59:22 AM
 #13

Expect 600 by new year and a new ATH before halving!!!


Just a gut feeling?
I would be totally fine with $300 'til the end of this year.
$600 would be a way too fast rise and dumps should be expected to happen.
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October 24, 2015, 09:03:47 AM
 #14

Expect 600 by new year and a new ATH before halving!!!


be realistic , that's not going to happen at all bro , we could be lucky to reach that amount after the halving block reward . It's just some manipulation from Chinese exchanges probably so it doesn't mean anything

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October 24, 2015, 11:23:48 AM
 #15

Expect 600 by new year and a new ATH before halving!!!


I'm a bit sceptical about a new ATH by the time the halving comes but I would say 600 is definitely possible.

True, a new ATH would seem to be far fetched, but the signs are somewhat similar to 2012 before the bull goes rampaging upward. I couldn't help to look at it that way.

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October 24, 2015, 01:06:27 PM
 #16

I don't think this rise is "the rise". We'll probably still have many months of little price movement, as we've seen the last couple months, a kind of staircase shape till the thing goes parabolic.


The last halving was priced in by the time it happened. The slow steady rise we have seen is probably the halving being slowly priced in long before it happens. I think you're right about expecting lots of little price movements pushing the price steadily upwards until the halving. There will be little ups and downs, but overall a steady price increase.
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October 24, 2015, 01:55:56 PM
 #17

You think it will keep rising till halving so buy early, but others do so too hoping to sell it later but then you dont find buyers later. Happens all the time.


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October 24, 2015, 02:34:43 PM
 #18

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.
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October 24, 2015, 05:30:33 PM
 #19

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

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October 24, 2015, 05:50:00 PM
Last edit: October 25, 2015, 08:08:09 AM by Amph
 #20

I see a ridiculous ATH, maybe 6 figures, catching up all the so called "realistic-conservators". They will think, "oh, we might see the last ATH again, we'll hit 1K". Then, they sell at 1K, we see a small correction, at about 700 dollars, then the big big money out there jumps into Bitcoin. Bang, 10K dollar a Bitcoin and a lot of 1K sellers committing harakiri.

More likely scenario:

They sell at $1000, we see a correction to about $700, then they start panic selling. Btc price crashes to $1. Anyone who didn't sell at $1000, commit harakiri, including neurotypical.

nah, i've already seen this story, and the price went to 230, 1 is only on the dream of haters

this time if we can surpass a certain point, i'm expecting a much bigger run up

notice how every new run up was bigger than the last one, there was no regression
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