kokojie
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Activity: 1806
Merit: 1003
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October 30, 2015, 02:55:34 AM |
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It actually is probably due to the halving, the last run up started 6 months before the 1st halving. I don't see why it should be different this time. Decreasing daily money creation by 50% is a HUGE deal.
Don't you think the effect of halving is still too soon  I expect for the price to rise on february not on october Maybe this is just price manipulation  it was just a small spike i believe as the price is much smaller right now
It is not a spike, the price has been increasing rapidly this few weeks,something is causing this In the last round, prices started to rise significantly 6 months before the halving (from around $5 to around $12). Though, yes you are correct, the majority of the rise happened after the halving. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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Cereberus
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Activity: 910
Merit: 1000
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October 30, 2015, 02:59:51 AM |
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It is called the Reckoning. What we have been waiting all this time for When all the holder's dreams come to fruition. Let us who hold the coins bask it all it's glory. For a short time anyways.. until the dump happens  |
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chesthing
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Activity: 1414
Merit: 1000
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October 30, 2015, 03:12:28 AM |
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It is called the Reckoning. What we have been waiting all this time for When all the holder's dreams come to fruition. Let us who hold the coins bask it all it's glory. For a short time anyways.. until the dump happens Ah, yes - the dump. The only thing guaranteed in crypto |
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XCASH
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Activity: 929
Merit: 1000
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October 30, 2015, 03:25:14 AM |
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It is called the Reckoning. What we have been waiting all this time for When all the holder's dreams come to fruition. Let us who hold the coins bask it all it's glory. For a short time anyways.. until the dump happens Ah, yes - the dump. The only thing guaranteed in crypto There is a cointelegraph article that suggests Bitcoin is either headed to the moon or due for a big blowoff top where everyone dumps it back down to the pits of hell. I'm in two minds myself as to what will happen. The last weeks growth has been too fast for my liking, but so was the 2013 pump and that went far higher than I expected. http://cointelegraph.com/news/115499/bitcoin-price-tops-300-to-the-moon-or-blowoff-top-forming |
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Hugroll
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October 30, 2015, 03:35:06 AM |
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it feels good to see bitcoin above 300 again, i just hope everyone doesnt decide to dump at around 350, that'll drive the price back down to like 220. lets just hope the pattern continues and people dont dump
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BitcoinNewsMagazine
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Activity: 1806
Merit: 1164
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October 30, 2015, 03:37:49 AM |
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On daily Bitstamp bitcoin price chart 50 day SMA crossed 200 SMA (Golden Cross) while on the weekly chart price has been holding nicely above 200 week SMA. Looks like a confirmed bull market to me.
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CasioK
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October 30, 2015, 03:39:03 AM |
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It is called the Reckoning. What we have been waiting all this time for When all the holder's dreams come to fruition. Let us who hold the coins bask it all it's glory. For a short time anyways.. until the dump happens Ah, yes - the dump. The only thing guaranteed in crypto There is a cointelegraph article that suggests Bitcoin is either headed to the moon or due for a big blowoff top where everyone dumps it back down to the pits of hell. I'm in two minds myself as to what will happen. The last weeks growth has been too fast for my liking, but so was the 2013 pump and that went far higher than I expected. http://cointelegraph.com/news/115499/bitcoin-price-tops-300-to-the-moon-or-blowoff-top-formingBut heading towards moon with the reason of halving or tax free in some countries would be a steady moving. But we witness a roller coaster types of rally now going on. I fear to buy or hold now. Last August same thing happened with Litecoin. |
INVALID BBCODE: close of unopened tag in table (1)
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nigttran
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October 30, 2015, 03:53:54 AM |
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BTC just hit 324$.
Chinese buy BTC to send out their country.
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hasiramasenju
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Activity: 980
Merit: 1000
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October 30, 2015, 04:03:26 AM |
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last time i saw the bitcoin price yesterday still only $313 but now just hit to $327 and i'm really don't know why the price is moving too fast
but probably this is only parts from the pumpers
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disclaimer201
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Activity: 1526
Merit: 1001
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October 30, 2015, 04:21:14 AM |
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PANIC BUYING is going on! Positive news from Europe, positive news from China, negative news from Russia (noone cares) and halfing is half a year or so away.
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OmegaStarScream (OP)
Staff
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Activity: 3472
Merit: 6133
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October 30, 2015, 07:29:00 AM |
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last time i saw the bitcoin price yesterday still only $313 but now just hit to $327 and i'm really don't know why the price is moving too fast
but probably this is only parts from the pumpers
It seems like it just reached 334$ , what the ... |
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tvbcof
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Activity: 4592
Merit: 1276
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October 30, 2015, 07:39:58 AM |
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It's something ~320$ according to preev.com , 321$ at Bitfinex as-well .
I'm not saying it's bad but I'd like to know what the hell is going on here , please don't tell me it's halving because I'm more then sure it's not , why would people agree ot start buying in same period of time in the first place ? that wouldn't make sense .
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My guess is that the damage from the XT attack and Hearn's hostile takeover attempt is fading which has released some built up tension. Also the potential future scaling problems have been nicely addressed with a fairly promising implementation of subordinate chains via the Blockstream guys. The future looks as bright as I've seen yet. |
sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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dothebeats
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Activity: 3640
Merit: 1353
Cashback 15%
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October 30, 2015, 07:44:12 AM |
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last time i saw the bitcoin price yesterday still only $313 but now just hit to $327 and i'm really don't know why the price is moving too fast
but probably this is only parts from the pumpers
It seems like it just reached 334$ , what the ... Ask China and permabulls who already accumulated enough coins to push this thing harder. Will we see $350 today? Resistance seemwd to be strong at $325 check the books. |
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NorrisK
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Activity: 1946
Merit: 1007
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October 30, 2015, 07:45:49 AM |
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It's something ~320$ according to preev.com , 321$ at Bitfinex as-well .
I'm not saying it's bad but I'd like to know what the hell is going on here , please don't tell me it's halving because I'm more then sure it's not , why would people agree ot start buying in same period of time in the first place ? that wouldn't make sense .
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My guess is that the damage from the XT attack and Hearn's hostile takeover attempt is fading which has released some built up tension. Also the potential future scaling problems have been nicely addressed with a fairly promising implementation of subordinate chains via the Blockstream guys. The future looks as bright as I've seen yet. Agreed. The debate had almost died out here on the forums. Maybe a thread or 2 a day, compared to 10 an hour a month or two ago. All the pieces seem to be falling together, but I still think a correction due to profit taking is going to take place soon. And some big shorters may try to manipulate it down as well to reduce their losses from trades set 20 USD ago. |
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coinplus
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Activity: 1386
Merit: 1058
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October 30, 2015, 07:45:58 AM |
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PANIC BUYING is going on! Positive news from Europe, positive news from China, negative news from Russia (noone cares) and halfing is half a year or so away.
panic buying is good rather than planning for dumping. The news behind are good enough for making people to consider the buying of bitcoin. May be that initial push wave get multiplied into a strong wave. I believe soon we will see higher prices like $500 or $600. |
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mmortal03
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Activity: 1762
Merit: 1010
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October 30, 2015, 08:00:18 AM |
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It actually is probably due to the halving, the last run up started 6 months before the 1st halving. I don't see why it should be different this time. Decreasing daily money creation by 50% is a HUGE deal.
The halving is over 8 months away, though. |
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jaredboice
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October 30, 2015, 10:47:38 PM |
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It actually is probably due to the halving, the last run up started 6 months before the 1st halving. I don't see why it should be different this time. Decreasing daily money creation by 50% is a HUGE deal.
The halving is over 8 months away, though. What's this halving you speak of? Don't you mean, "The Halvening?"  |
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makingwin1
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October 30, 2015, 10:52:34 PM |
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the price will most probably not grow too much more
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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October 30, 2015, 10:55:11 PM |
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the price will most probably not grow too much more
Give us compelling reasons rather than leaving us hanging with your dramatic pronouncements. |
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Nimbulan
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October 30, 2015, 11:03:01 PM |
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the price will most probably not grow too much more
Give us compelling reasons rather than leaving us hanging with your dramatic pronouncements. The bubbles are common in economy, no matter about what we would be talking. Price rapidly grows and usually after some time goes down. Nevertheless, let's egoistically think that the price of BTC will slowly grow or stabilise. |
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