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Zitdadast
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June 14, 2016, 08:46:07 AM
 #321

Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.

That is right. We are not traders. We want the price to be stable so that we can use it as a currency.
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June 14, 2016, 08:08:09 PM
 #322

Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.
It has always been the case with Bitcoin. Sometimes in the past you would have been surprised by how long the price can rise at such a pace. This time is/can be no different.

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Dux2K
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June 14, 2016, 08:25:52 PM
 #323

Nothing same as 2013 path from what i have seen can we expect to see price over 1k soon now or we will stay on range 700-800

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June 14, 2016, 08:56:37 PM
 #324

bitcoin price is pretty much stable at the moment to be honest and i hope that it will keep on being like that or i hope that it will grow

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June 14, 2016, 11:41:28 PM
 #325

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
Cybertron00
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June 15, 2016, 01:13:35 AM
 #326

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
I also expect it to get 4 digits soon but I don't expect it to have 5 digits for this year. I don't expect it will happen because IMO many ppl will sell their bitcoin at a reasonable price let's say for about 1200$ or so.
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June 15, 2016, 01:18:18 AM
 #327

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
I also expect it to get 4 digits soon but I don't expect it to have 5 digits for this year. I don't expect it will happen because IMO many ppl will sell their bitcoin at a reasonable price let's say for about 1200$ or so.
If many people sell their bitcoins when the bitcoin market price reaches $1000 or more there might be a crash like last time.
Candsno8
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June 15, 2016, 01:21:53 AM
 #328

I don't think it will crash like last time unless it experiences technical problems such as full blocks scaring people away due to unreliability.  I think it would retrace from 1000 but not substantially. 

The_prodigy
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June 15, 2016, 01:35:55 AM
 #329

Is there a way to understand why the value is skyrocketing?
Well as my understanding about the price increase and decrease it is because of demand and supply.. if more people are buying bitcoin and our supply is less than the number of people buying bitcoin the price should be increase more and more.. just like now we already seen it the price from below 600 the price is jumping fast to 700 value because its in demand in chines trading exchange more chinese are buying bitcoins thats why the price of bitcoin is increasingly fast..



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fearlesscat10
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June 15, 2016, 04:50:23 AM
 #330

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.
I also expect it to get 4 digits soon but I don't expect it to have 5 digits for this year. I don't expect it will happen because IMO many ppl will sell their bitcoin at a reasonable price let's say for about 1200$ or so.
If many people sell their bitcoins when the bitcoin market price reaches $1000 or more there might be a crash like last time.

There will be a crash. A lot of people are planning to sell around $1000. Only time will tell how the price will adjust.

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June 15, 2016, 06:46:27 AM
 #331

I think right now the price hike for BTC is simply caused by the pre-halving hype. Halving is coming up and people realise that it would be profitable to buy coins now and hold it.

However, whether this hype lasts into the future, nobody knows.
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June 15, 2016, 07:01:46 AM
 #332

Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.

Being stable is good because you know no one is manipulating. Votality has not always been an advantage for the coins because sometimes it can soar high and suddenly fluctuates thats the disadvantage of it.
Wargika
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June 15, 2016, 07:51:03 AM
 #333

Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.

Being stable is good because you know no one is manipulating. Votality has not always been an advantage for the coins because sometimes it can soar high and suddenly fluctuates thats the disadvantage of it.

The price of bitcoin is having a rest at the moment. I think it will stay around the current level for the next few weeks.
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June 15, 2016, 08:11:08 AM
 #334

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.

This. I guess some people still don't quite get that there is yuan dropping and consequent Chinese panic buying (if I was Chinese I would do the same - I don't want to get my money dissolved through gov intervention).

But beyond that after 2016-07-10 will be actually half Bitcoins on offer - half. This inevitably will push price to the minimum multiple of 2 or 3 since last "stable price" of 200-300 USD. I can't see any way that the new "stable" price will be anything less than 1000 USD per 1 BTC.


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Adrorecia
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June 15, 2016, 02:57:04 PM
 #335

Bitcoin was indeed stable and that is bad for the most people with already Bitcoin because they want to earn some profit with Bitcoin and that was not possible so they have to wait now a longer time until the can make profit.
But of course it is hard to know when you can sell it but you also can see now that the value of the Bitcoin is rising slowly so that is really nice for the people with already Bitcoin.


The problem is now the price is rising too fast. It would be better if the price consolidate here for a few months.

That is right. We are not traders. We want the price to be stable so that we can use it as a currency.
The price of Bitcoin will be higher now and that is really nice because there are now many people that is waiting for a higher value and that is really important.
And maybe the time will be soon that they can earn a lot of profit in the future with Bitcoin.
fearlesscat10
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June 15, 2016, 03:03:39 PM
 #336

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.

This. I guess some people still don't quite get that there is yuan dropping and consequent Chinese panic buying (if I was Chinese I would do the same - I don't want to get my money dissolved through gov intervention).

But beyond that after 2016-07-10 will be actually half Bitcoins on offer - half. This inevitably will push price to the minimum multiple of 2 or 3 since last "stable price" of 200-300 USD. I can't see any way that the new "stable" price will be anything less than 1000 USD per 1 BTC.



I sure hope you're right. Thanks for the analysis.

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June 15, 2016, 03:26:24 PM
 #337

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.

This. I guess some people still don't quite get that there is yuan dropping and consequent Chinese panic buying (if I was Chinese I would do the same - I don't want to get my money dissolved through gov intervention).

But beyond that after 2016-07-10 will be actually half Bitcoins on offer - half. This inevitably will push price to the minimum multiple of 2 or 3 since last "stable price" of 200-300 USD. I can't see any way that the new "stable" price will be anything less than 1000 USD per 1 BTC.


its real that yuan is dropping because many chinese investors shifted in bitcoin and thats the reason chinese has the most market cap. of bitcoin being held. Thats might also be the possible reason why we have such high pump in bitcoin price.
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June 15, 2016, 03:48:02 PM
 #338

I just predict that the price of bitcoin later will be very high.
but now I think the price of bitcoin is not stable, because of price increases very quickly, many people who sell and even buy bitcoin in significant amounts. it makes the price of bitcoin be up and down, but I guess soon bitcoin prices will rise, remain resistant bitcoin do you have guys

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June 15, 2016, 03:59:56 PM
 #339

I just predict that the price of bitcoin later will be very high.
but now I think the price of bitcoin is not stable, because of price increases very quickly, many people who sell and even buy bitcoin in significant amounts. it makes the price of bitcoin be up and down, but I guess soon bitcoin prices will rise, remain resistant bitcoin do you have guys

yes the price due to trade is going up and down but the direction of pricing is forward, we are not seeing any big down fall in the price of bitcoin but every week there we see some big boosts in the price, and in the near future the price will be at a much higher value as the effects of halving has been started from now and from this, it is obvious that the halving will increase our money to double it.

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June 16, 2016, 06:27:51 AM
 #340

skyrocketing??

this is only start my friend

A couple of months later and it proves you were right, and in fact this is still not the end of the rally.

I expect at least 4 digits soon. With luck even 5.

4 yes but for five we will drink beer or something
kidding
i really hope you're right almost everything indicates that this will be path for it and i hope it will be like that at least some good 4 digits price



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