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Author Topic: Bear market ended. Now going to $500  (Read 10218 times)
Kenarix
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June 11, 2016, 12:39:59 PM
 #141

You can already see now that the value of Bitcoin is rising slowly and that is because the halving is coming towards to us and the value was also a long time stable.
And maybe we can sell it later with some huge profit but you are not for sure of course.

The halving could be a very good stimulator for the bitcoin price. In a few months, the SegWit will also come out.

When the SegWit and the 2MB block size increase come out, the price will double at least. The price was low recently due to the low block size.
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June 11, 2016, 12:41:57 PM
 #142

i think that 500 will be just the beginning and we will see way higher prices pretty soon


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RoseMann
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June 13, 2016, 08:40:27 AM
 #143

i think that 500 will be just the beginning and we will see way higher prices pretty soon

That is right. The price is $689 in some exchanges now. The Chinese got lot of money to buy the bitcoin.

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June 13, 2016, 09:44:45 AM
 #144

i think that 500 will be just the beginning and we will see way higher prices pretty soon

That is right. The price is $689 in some exchanges now. The Chinese got lot of money to buy the bitcoin.

The recent rises started in Chinese exchanges first, then they spread to western exchanges. It is lead by the Chinese.
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June 19, 2016, 12:09:07 PM
 #145

The bear ended in September last year. The bitcoin price is over $750 now, it has risen almost 200% in the last 8 months.

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June 19, 2016, 12:53:46 PM
 #146

The bear ended in September last year. The bitcoin price is over $750 now, it has risen almost 200% in the last 8 months.
yep. Pretty chunky gain, if you ask me. i expect people will soon start to cash out their gains and the pump will be over.

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June 19, 2016, 09:12:37 PM
 #147

The bear ended in September last year. The bitcoin price is over $750 now, it has risen almost 200% in the last 8 months.
yep. Pretty chunky gain, if you ask me. i expect people will soon start to cash out their gains and the pump will be over.

That seems to happen way longer, as no one wants to get out before 1000, and even after that, people will hold expecting a new ATH will take place.

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June 19, 2016, 09:40:27 PM
 #148

The bear ended in September last year. The bitcoin price is over $750 now, it has risen almost 200% in the last 8 months.

Yes, mainly due to halving if not perhaps things would not be so encouraging for many.

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apriyoni
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June 21, 2016, 11:45:28 AM
 #149

Well I think that will be nice. Seeing 1000$ bitcoin again seems like a new chance and hope for new bitcoiners like me. Even if we didn't join the last rally, we were given a chance to join this coming rally, I wish the best for bitcoin.

I would like to see the $1000 price. That could happen in the next 12 months. I think the investors are wiser now.
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June 21, 2016, 04:35:58 PM
 #150

Well I think that will be nice. Seeing 1000$ bitcoin again seems like a new chance and hope for new bitcoiners like me. Even if we didn't join the last rally, we were given a chance to join this coming rally, I wish the best for bitcoin.

I would like to see the $1000 price. That could happen in the next 12 months. I think the investors are wiser now.

The investors will not blindly buy the bitcoin as they did in later 2013. That was a very big bubble and caused a long bear market.

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June 24, 2016, 02:24:34 PM
 #151

Well I think that will be nice. Seeing 1000$ bitcoin again seems like a new chance and hope for new bitcoiners like me. Even if we didn't join the last rally, we were given a chance to join this coming rally, I wish the best for bitcoin.

I would like to see the $1000 price. That could happen in the next 12 months. I think the investors are wiser now.

The investors will not blindly buy the bitcoin as they did in later 2013. That was a very big bubble and caused a long bear market.

There is no big bubble recently. The price rose 60% in the last 30 days, but it dropped 20% in two days. It is correcting.

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June 24, 2016, 02:41:07 PM
 #152

If it's gonna hold this for about a week or two, then probably there's another rise that's coming after that. We've seen a significant increase these past few months and IMO it's gonna be the trend at least for a while after the halving.

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June 25, 2016, 06:48:46 PM
 #153

If it's gonna hold this for about a week or two, then probably there's another rise that's coming after that. We've seen a significant increase these past few months and IMO it's gonna be the trend at least for a while after the halving.

I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.
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June 25, 2016, 06:57:06 PM
 #154

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I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.
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June 25, 2016, 07:16:33 PM
 #155

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I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability

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June 25, 2016, 07:32:28 PM
 #156

Quote
I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability

In a perfect computer simulation maybe. Do you know of anything that has or does increase in value 5% a week, every week? In real life that does not happen. Wild swings are what attracts people to something new like BTC. It is the lure of making big money quickly. When established in the years ahead, I expect to see monthly steady growth. Right now, ups and downs are what is healthy. It keeps people's hopes alive that they can become rich. The true safe bet right now is that these swings in price are making people big money.
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June 25, 2016, 08:07:22 PM
 #157

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I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability

It's different for every group of users. One group prefers the price to show heavy price swings as it allows them to make profit in quite a short time. And the other group prefers the price to remain relatively stable as they are purely interested in the currency aspect of Bitcoin and perhaps even use it as store of wealth. You can't please everyone.

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June 27, 2016, 03:10:28 PM
 #158

Quote
I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability

It's different for every group of users. One group prefers the price to show heavy price swings as it allows them to make profit in quite a short time. And the other group prefers the price to remain relatively stable as they are purely interested in the currency aspect of Bitcoin and perhaps even use it as store of wealth. You can't please everyone.

That is right. I am long term investor, so I want the price to be stable and many people will use it as a currency.
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July 07, 2016, 08:43:38 AM
 #159

Quote
I just want the bitcoin price to rise 5% a week in the next few years. The price in recent period is too volatile.

Some people do not seem to understand, stability is not the friend of BTC. Wild swings in price are healthy and necessary for the long term success of BTC, not slow rises.

This isnt true, theres no one out there that wouldnt invest in bitcoin if you were guaranteed a 5% return every week. thats enormous, The wild swings are what keep people from bitcoin because its not a safe bet. More stability would bring more people into bitcoin. Investors like predictability

It's different for every group of users. One group prefers the price to show heavy price swings as it allows them to make profit in quite a short time. And the other group prefers the price to remain relatively stable as they are purely interested in the currency aspect of Bitcoin and perhaps even use it as store of wealth. You can't please everyone.

That is right. I am long term investor, so I want the price to be stable and many people will use it as a currency.

I use the bitcoin as a currency. I earn the bitcoin by mining. Then I use the bitcoin to buy the online goods.
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July 16, 2016, 07:21:20 AM
 #160

I use the bitcoin as a currency. I earn the bitcoin by mining. Then I use the bitcoin to buy the online goods.

That is a very good cycle for the bitcoin. It helps the circullatioin of the bitcoin and the final adoption.
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