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Author Topic: Bitcoin value is 440+  (Read 6451 times)
JavaLove
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February 21, 2016, 05:36:39 AM
 #21

We're finally stabilizing again and finishing off any recovery we needed to make to get over the Mike Hearn incident.

With halving coming up and various companies and countries loosening restrictions on Bitcoin, the whole community is getting excited and have stopped over selling but are now buying rapidly.

I've been saying this for a while, but bitcoin is going to the moon.

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Yakamoto
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February 21, 2016, 05:47:08 AM
 #22

We're finally stabilizing again and finishing off any recovery we needed to make to get over the Mike Hearn incident.

With halving coming up and various companies and countries loosening restrictions on Bitcoin, the whole community is getting excited and have stopped over selling but are now buying rapidly.

I've been saying this for a while, but bitcoin is going to the moon.
You should have seen the volume of exchange during the giant Hearn dump. >28,000 coins moved on coinbase alone.

I think a lot of the investors are now regaining their confidence and are getting their money back into Bitcoin. And considering the movement that has been occur, I would say that more investors are eyeing Bitcoin as a way for them to make some money.
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February 21, 2016, 05:55:12 AM
 #23

I was shocked to see Bitcoin price reach 440 USD per coin this morning. I foreseen a bubble coming up in a few months time. Let's prey that it will at least stay strong at 400 range. Smiley.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
Herbert2020
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February 21, 2016, 07:34:21 AM
 #24

I was shocked to see Bitcoin price reach 440 USD per coin this morning. I foreseen a bubble coming up in a few months time. Let's prey that it will at least stay strong at 400 range. Smiley.

this price was kind of expected from yesterday when the news about consensus was released. although consensus is not yet completely reached the news is a good news anyways which obviously lead to price rise.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
BellaBitBit
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February 21, 2016, 08:29:59 AM
 #25

We're finally stabilizing again and finishing off any recovery we needed to make to get over the Mike Hearn incident.

With halving coming up and various companies and countries loosening restrictions on Bitcoin, the whole community is getting excited and have stopped over selling but are now buying rapidly.

I've been saying this for a while, but bitcoin is going to the moon.
You should have seen the volume of exchange during the giant Hearn dump. >28,000 coins moved on coinbase alone.

I think a lot of the investors are now regaining their confidence and are getting their money back into Bitcoin. And considering the movement that has been occur, I would say that more investors are eyeing Bitcoin as a way for them to make some money.

I agree. This price is a correction back to the norm prior to Hearn incident and communication taking place over technicalities.

I love Bitcoin
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February 21, 2016, 08:49:32 AM
 #26

I was shocked to see Bitcoin price reach 440 USD per coin this morning. I foreseen a bubble coming up in a few months time. Let's prey that it will at least stay strong at 400 range. Smiley.
It is not yet the bubble due to the halving, rather a small mini-pump to test and prepare for it. I think we should be soon running out of steam and a small correction will start to show us what are the new support levels. My guess is, we move the bottom from $350 to $415. But this needs to be tested yet.

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bearex
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February 21, 2016, 08:55:33 AM
 #27

But why is it rising? is it just because of the increased ask? I mean, it is not even near the time for the halving though.
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February 21, 2016, 11:18:17 AM
 #28

But why is it rising? is it just because of the increased ask? I mean, it is not even near the time for the halving though.

Because the fundamentals changed (or, at least, we have a road-map for change):

this price was kind of expected from yesterday when the news about consensus was released. although consensus is not yet completely reached the news is a good news anyways which obviously lead to price rise.

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Denker
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February 21, 2016, 12:05:33 PM
 #29

But why is it rising? is it just because of the increased ask? I mean, it is not even near the time for the halving though.

Because yesterday's news regarding blocksize increase and scaling shows some progress and clarification what the market sees as a positive sign and a step forward.
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February 22, 2016, 08:48:29 AM
 #30

But why is it rising? is it just because of the increased ask? I mean, it is not even near the time for the halving though.

Because yesterday's news regarding blocksize increase and scaling shows some progress and clarification what the market sees as a positive sign and a step forward.
Still, this kind of news on the block size has been popping around twice or three times in the past already and the agreement is far from being concluded. Let's hope this time is for real and with the schedule provided it may strengthen 'the effect of halving'.

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Soros Shorts
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February 22, 2016, 08:59:24 AM
 #31

there will never be a red candle on any time frame, evar again. in fact there will never be a market sell!!1 bitcoin can only go up indefinitely

Yeah, those god damned parasites causing those squigly lines on the charts while trying to step ahead of the market - line them up against the wall and shoot them all.
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February 22, 2016, 09:02:05 AM
 #32

The climb seems steady and slow- a good sign. I think we will see it within +-10 for a week or so before going up (or down?)...
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February 22, 2016, 05:14:00 PM
 #33

The climb seems steady and slow- a good sign. I think we will see it within +-10 for a week or so before going up (or down?)...
I expect we finally see a small correction, to check the recent price rise. We would be much wiser then, what are the current support levels. My bet is $415 can be seen as a new bottom, to substitute $350.

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February 22, 2016, 05:22:06 PM
 #34

seems price will not broken 450$, i see we already touch level 440$ and then price goes down again it's happen many times and i predict price will back to 400$-420$

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February 22, 2016, 06:03:24 PM
 #35

Guys did you see the price today? The new goal is come and i think sooner the price will increase to 450 soon Just wait a patience before sell our coins on markets...
sounds good but recently just sell my bitcoin because i was losing my patience to wait till prices reach again to $450 but i'm still hope we will see prices back to $450 or above
 
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February 22, 2016, 09:03:07 PM
 #36

Does anyone have a link to whatever "consensus" news happened with the block size? I didn't hear anything.
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February 22, 2016, 09:10:55 PM
 #37

IMO people are front running ahead of the next halving based on the trend of the previous halving and loading up on BTC in the hope of a spike in price in the months following the next halving in July this year (approx date)
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February 23, 2016, 07:47:21 AM
 #38

Does anyone have a link to whatever "consensus" news happened with the block size? I didn't hear anything.

https://bitcointalk.org/index.php?topic=1371359.0

nothing official
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February 23, 2016, 08:00:47 AM
 #39

seems price will not broken 450$, i see we already touch level 440$ and then price goes down again it's happen many times and i predict price will back to 400$-420$

Have some patience. I am sure that we will break through the $450 level this week. It will be interesting to see if we go down from that point or continue to go up.
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February 23, 2016, 08:02:08 AM
 #40

No shit sherlock
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