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Author Topic: $486 WOT the hell is going on????????  (Read 7776 times)
CoinsRoyal
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May 11, 2016, 09:25:27 AM
 #101

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.
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Russlenat
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June 02, 2016, 09:02:14 AM
 #102

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

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Kolder
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June 07, 2016, 05:28:35 PM
 #103

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

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June 16, 2016, 08:37:46 AM
 #104

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Kolder
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June 21, 2016, 04:23:58 PM
 #105

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.

anthonydar
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June 22, 2016, 07:48:44 PM
 #106

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.

There is such a possibility. I think the resent price rose too quickly. It needs some consolidation like it did 6 months ago.

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July 19, 2016, 04:17:10 PM
 #107


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

anthonydar
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July 23, 2016, 04:49:04 PM
 #108


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.

Kolder
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August 02, 2016, 04:09:28 PM
 #109


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.

The bitcoin market cap is just $10 billion at the moment, it is smaller than most companies, it is easy to manipulate.

Superbitzz
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August 02, 2016, 07:51:50 PM
 #110

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.
There are now a lot of people that is happy because of the value and that is because more people have not also the possibility to make profit soon and that is nice.
We all waited a long time until the value will be more and that is perfect for us.

The people who sold short when the price was $450 will not be so happy. No more than 50% of the trader will be happy.

For the bitcoin trading, it is better to buy the bitcoin for the long term. Sell short only when there is a big bubble.

The problem is that we do not know when the price is low or high. I sold Ethereum at $3, though the price was high.

That is right. I used some bitcoin when the price was $675, thinking it was very high. The price is $746 now.

Never mind, the bitcoin is $670 now again. I think the price will around the $640 to $740 for the next few months.
yes that is a fact and there is no doubt about this but the problems is that where will the present down fall stop, at what stage the people start buying again. by the way my personal view is that the present price of bitcoin is ok to buy it. because i do no think that the price of bitcoin will ever go lower than 550$, therefore it is a good opportunity to buy bitcoin in the present position.
lister storm
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August 02, 2016, 09:42:50 PM
 #111


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices
anthonydar
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August 05, 2016, 02:46:04 PM
 #112


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

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August 07, 2016, 12:58:24 PM
 #113


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

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anthonydar
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August 10, 2016, 10:59:57 AM
 #114


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.

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August 10, 2016, 11:08:35 AM
 #115


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.
anthonydar
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August 12, 2016, 10:40:25 AM
 #116


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.

The bitcoin price is consolidating around $590 at the moment. After a few more months of consolidation, the price could rise 50%.

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August 12, 2016, 07:56:26 PM
 #117


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.

The bitcoin price is in the consolidation stage after the recent price drop and recover. When this stage finishes, the price will rise again.
I expected the previous consolidation stage makes the bitcoin to rise high but it broke and falled down to $530 and now has recovered better. I believe this consolidation stage makes the price to increase sharply.

The bitcoin price is consolidating around $590 at the moment. After a few more months of consolidation, the price could rise 50%.

What makes you think the price goes up with 50%?
This is stupid investment advice and no you are in no way to qualified to make such, as the most you can do is to state it as your personal opinion...
As for consolidation no the price is looking for a new resisting point that can be over or lower the current price point.
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August 12, 2016, 09:01:15 PM
 #118


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

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August 14, 2016, 06:58:23 AM
 #119


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.

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August 16, 2016, 04:37:37 PM
 #120


Yes. If the price rises too fast like it did in 2013, the price will also drop very fast and have 3 years of price drop.

That is the reason why I do not like big pump and dump. Slow but steady bitcoin price rise is preferred.

In the future, when the bitcoin becomes more mature and price is higher, it is going to be more stable.
well it is just a guess, it might be even more volatile as more people will be pumping and dumping, in my opinion the price is not going to go to lower than 550 prices

Apart from the Bitfinex hack caused price dump, the bitcoin price has been quite stable in the last two months.

I think the current price is quite good to buy. The bitcoin price will rise soon after people forget about the hack.
of course it is low enough to buy right now, after it the price is going to grow only

As long as there is no problem associated with the bitcoin itself, more and more business will use the bitcoin.

There might not be true. Other coins are developing fast, for example, the Ethereum can do smart contract and trasnaciton is very fast. If the bitcoin does not catch up, it will not be used.

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