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March 09, 2016, 05:03:00 PM
 #21
Quote from: mikehersh2 on March 09, 2016, 02:28:40 AM
We all know about the huge increase in the value of BTC in 2014, do you think this major spike in price could happen again? If so, soon? Let me know what you think.
anything can happen because we are approaching  halving in reward which will limit the supply with the current demand. I think price has to be increased before it. So better decision is to hold till halving waiting for a spike like past.
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March 09, 2016, 09:02:16 PM
 #22
Quote from: franky1 on March 09, 2016, 02:50:41 AM
the price jump of late 2013 was a combination of 3 things
1. reward halving
2. ASICS - the important one
3. china exchanges adoption.

And 4., and most important, which you've forgotten was "Willy-bot" and Mt.Gox which was a malicious program generating fictive USD and buying Bitcoins.
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March 09, 2016, 09:35:55 PM
 #23
Bitcoin price these days is unstable and the graphs are showing red colors because of the drop of the bitcoin, I hope the upcoming weeks the bitcoin price will increase again and be back at $450+ as it was before.
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March 10, 2016, 10:34:12 AM
 #24
Quote from: traderbit on March 09, 2016, 09:35:55 PM
Bitcoin price these days is unstable and the graphs are showing red colors because of the drop of the bitcoin, I hope the upcoming weeks the bitcoin price will increase again and be back at $450+ as it was before.

Every seller are waiting for the price to be back at 450 but also buyer are happy that the price is below 400.
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March 10, 2016, 10:49:46 AM
 #25
Quote from: mikehersh2 on March 09, 2016, 02:28:40 AM
We all know about the huge increase in the value of BTC in 2014, do you think this major spike in price could happen again? If so, soon? Let me know what you think.

There have been bigger bubbles before end of 2013 remember, check back the chart in term of % gains.  As long as the bitcoins survives it will have future bubbles and atm it seems strange the price is being held down.
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March 10, 2016, 11:50:41 AM
 #26
Quote from: doublemore on March 10, 2016, 10:49:46 AM
Quote from: mikehersh2 on March 09, 2016, 02:28:40 AM
We all know about the huge increase in the value of BTC in 2014, do you think this major spike in price could happen again? If so, soon? Let me know what you think.

There have been bigger bubbles before end of 2013 remember, check back the chart in term of % gains.  As long as the bitcoins survives it will have future bubbles and atm it seems strange the price is being held down.

Its not strange why the price is being held down,they are manipulating the prices so that they can gain profit when theres a big rise of price.
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