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Author Topic: Bitcoin Price Surges Towards $500 Mark  (Read 723 times)
digitalcoinsdce (OP)
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May 05, 2016, 10:04:18 AM
 #1


VISIT:- https://www.digitalcoinsexchange.com/blogs/bitcoin-price-surges-towards-500-mark/
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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TKeenan
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May 05, 2016, 10:10:44 AM
 #2


Did you hear they shot Bin Laden? 
Corenin
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May 05, 2016, 10:46:03 AM
 #3

Yeah I think we are successfully moving towards it and we will  be achieving that price by the end of this month so lets hope that we achieve that value  very soon.
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May 05, 2016, 10:49:42 AM
 #4

I think we should hit $500 by june 1st slow and steady is the best way.

I just bought more this morning waiting for the raise.
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May 05, 2016, 11:02:28 AM
 #5

I too expect that Bitcoin will go beyond $500 by the end of this year. The way its market cap is increasing, this much price is not a distant dream.

I just wish that number of altcoin to reduce a little. We have around 650 off altcoins and the entire crypto investment is getting divided.

If that many number of altcoins were not there, the market cap of bitcoin would have easily increased and so as the price.

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May 05, 2016, 11:32:50 AM
 #6

The price of bitcoin is still $444 today. I think it will not surge towards $500 soon. It will be around $450 for a few more weeks.
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May 05, 2016, 12:38:19 PM
 #7

Yeah well, that article was written/published about a week ago and at that time, the price started to fall and correct itself at $450 and stabilize there. Plus, is this a new trend? I mean creating threads and the content is just a link to outside articles? If it's a trend, I'm not going to ride it.
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May 05, 2016, 12:48:32 PM
 #8

 Roll Eyes
you post a link to a site, with no technical analysis
just past prices
and it did it before so it will do it again as the main basis of their argument.

honestly was it worth creating the topic ?
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May 05, 2016, 01:26:02 PM
 #9

The price of bitcoin is still $444 today. I think it will not surge towards $500 soon. It will be around $450 for a few more weeks.

It will surge but not in 1 week or 2 weeks. With things like this, patience is the way to go. Just give it a few weeks to upto a month and see where we will at then.
My prediction is that we will be much closer to the 500 mark.

tobacco123
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May 05, 2016, 02:19:10 PM
 #10

With all the discussions and debates about Craig being Satoshi end, I think we can now focus on more important topics of blocksize and halving. This is going to be an exciting Summer!

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May 30, 2016, 01:39:38 PM
 #11

With all the discussions and debates about Craig being Satoshi end, I think we can now focus on more important topics of blocksize and halving. This is going to be an exciting Summer!

It is exciting. The price has risen a lot over the past week. It is around $550 now. So $600 is in sight.
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May 30, 2016, 02:50:32 PM
 #12

With all the discussions and debates about Craig being Satoshi end, I think we can now focus on more important topics of blocksize and halving. This is going to be an exciting Summer!

It is exciting. The price has risen a lot over the past week. It is around $550 now. So $600 is in sight.

For a long time the price was just fluctuating, now by the weeks start itself we have experienced a steep increase. This could even go high if the circulation gets increased by this time.
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May 30, 2016, 03:32:04 PM
 #13

It is down to capital flight from China - which is why BTC is higher on the Chinese exchanges than the western exchanges. Litecoin being used to move money too...

 
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June 05, 2016, 02:21:56 PM
 #14

It is down to capital flight from China - which is why BTC is higher on the Chinese exchanges than the western exchanges. Litecoin being used to move money too...

That could be true. The price rose first in the Chinese exchanges. It was followed by the western exchanges.

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