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Author Topic: $486 WOT the hell is going on????????  (Read 7549 times)
Lokfar
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April 07, 2016, 10:07:03 AM
 #81

It seems that the price is slowly but surely going up. For those that have Bitcoins this is a good thing because you can sell them soon. This is not the time to be being in my opinion. 
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April 07, 2016, 01:32:24 PM
 #82

Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.

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April 09, 2016, 08:53:14 AM
 #83

Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.

A straight indicator that markets are not efficient - substantial differences in prices across various bitcoin exchanges. We can see this decreasing only over a period of time.
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April 09, 2016, 09:31:25 AM
 #84

Well, eight months (the rise was early November; the block reward reduction is likely to be early July at the latest). Would it blow your mind if I told you I believe the current price reflects not just the 2013 and 2016 block reward reductions, but 2020 (and subsequent halvings) too?

Yes, it would blow my mind.
Markets (especially crypto) are not that efficient.

They don't need to be. You don't need to (and I don't) fully accept the Efficient Market Hypothesis to believe that a known event will be reflected in the price in advance.

Markets become efficient when user profiles increase. Now compared to other forms of market hypes bitcoin has its circulation keep on increasing which is good for a stable growth.

A straight indicator that markets are not efficient - substantial differences in prices across various bitcoin exchanges. We can see this decreasing only over a period of time.

You're both talking in absolutes - markets don't "become efficient", they become more efficient. Perfectly efficient markets are hypothetical only.

Right now the USD and CNY exchanges are all at $416, but assuming there was a substantial difference between, say, the USD exchanges and the CNY exchanges (as there has been in very recent history) then arbitrage would efficiently address that. The price difference would reduce until it reached the cost of arbitrage.

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April 11, 2016, 03:05:57 PM
 #85

The price is going up slowly but surely. I am sure that we are going to hit $500 any time soon. I hope that it will go higher so we can make more money. We will have to wait and see what is going to happen.
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April 11, 2016, 03:07:21 PM
 #86

The price is going up slowly but surely. I predict that the price is going to hit $500 any time soon. I hope that it will reach higher so people can make more money. But it will be harder for people that want top buy coins.
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April 12, 2016, 05:33:39 AM
 #87

The price is going up slowly but surely. I am sure that we are going to hit $500 any time soon. I hope that it will go higher so we can make more money. We will have to wait and see what is going to happen.
yeah for sure the price had increased compared to last week, don't get scared and bored of slow increase, we are going to meet a high price rice during halving. don't be upset wait for few more days you can earn more money.

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April 12, 2016, 07:13:17 AM
 #88

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.
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April 14, 2016, 01:27:14 PM
 #89

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

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April 14, 2016, 01:46:06 PM
 #90

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.
I forgot that the price was ever this high only 5 months ago. Thinking it was around $250 at most around that time. How the times change so quickly in the bitcoin world. Just can't believe it was higher than what it is now at that time. So that does make the outlook of $500 soon so much more possible now since it was that close only half a year ago.

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April 14, 2016, 11:36:30 PM
 #91

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.

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April 14, 2016, 11:57:34 PM
 #92

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.
I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.
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April 26, 2016, 12:26:52 PM
 #93

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.
I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.

That prediction could be true. The bitcoin price is $469 now, it is just $6 away from the $475 predicted.

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April 26, 2016, 06:36:02 PM
 #94

This is a long back thread created during the end of last December when bitcoin moved towards $486. Now it has suited well for the recent days increase in price which is soon gonna touch $500.


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randy8777
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April 26, 2016, 06:58:43 PM
 #95

The price is now indeed rising slowly and that is quite nice for the people who are waiting for a price increase so they can sell it in the future with some good profit.
It will be really nice if we can reach that value, and that makes also many people happy.

$486 should be reachable in two months time. The price has been consolidated for 4 months now, the next step is to go up to $500.

Should be in the $600 zone by the time halving does happen..

After that I cant even imagine the prices, I`ll be mind blown if we go close to high $800 zone.
I expect we'll be at $475 roughly a month before the halving, then it will be volatile from there.

I would be extremely surprised if we hit $800 after the halving, but I wouldn't mind it at all. Might as well get hyped, see if we can generate value that way. I don't think we can do much else before then.

That prediction could be true. The bitcoin price is $469 now, it is just $6 away from the $475 predicted.

could? i am fairly sure that we'll hit that price before the end of this week. a tiny bump from a whale brings us there within a second.
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April 26, 2016, 07:02:23 PM
 #96

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?
What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$


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Kolder
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April 27, 2016, 07:47:09 AM
 #97

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?
What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

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Russlenat
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May 10, 2016, 09:32:21 AM
 #98

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?
What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

We only have 5 days to the middle of May. It seems the price is still stuck at the $460. It will not be over $500.

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Kolder
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May 11, 2016, 06:20:29 AM
 #99

wots the reason for this i know its based on the capitol controls in china but this is madness eny news i dont no about ? ? ?
What a madness bitcoin price after long time of accumulation is growing,but it has to pass 520$ breaktrough level to goes 650$

I think the bitcoin price could reach $520 in middle or later May. It could reach $650 in later June or early July.

We only have 5 days to the middle of May. It seems the price is still stuck at the $460. It will not be over $500.

The $500 price is for the reach in June or early July. If the price rises too fast, it will also drop very fast.

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Cyaren
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May 11, 2016, 06:21:52 AM
 #100

We need another event like that to happen. Perhaps one major exchange will increase the ease of funding, perhaps.

Or more awareness of bitcoin in the general public. Most of the people don't even know that BTC exists.
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