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KoinKartel
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March 30, 2016, 12:01:33 PM |
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If BTC was meant to be at $600, then it would be
In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
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Koinkartel.com (http://koinkartel.com)
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Wendigo
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March 30, 2016, 12:06:53 PM |
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I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
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bitdumper
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One world One currency, Bitcoin.
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March 30, 2016, 12:07:37 PM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right.
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USB-S
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In XEM we trust
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March 30, 2016, 12:11:51 PM |
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I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
A lot of people who try to learn about bitcoin by themselves, get confused really fast. It's way too much information for them. It's basically meant for dumbfuck investors. I bet they'd find bitcoin way more fun and promising if they'd actually give it some effort and play around with it.
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nuevo
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March 30, 2016, 12:53:09 PM |
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I have never heard of any Bitcoin Investment Trust till now. Yeah why would I want to buy shares in an investment firm when I could be buying real Bitcoins and having complete control over my investment. Is this geared towards big shot speculators who want to play the market? I only agree with their statement that Bitcoin is undervalued. I would be happy with $500 per coin nevertheless. Maybe we will reach the $600 threshold after the halving who knows.
A lot of people who try to learn about bitcoin by themselves, get confused really fast. It's way too much information for them. It's basically meant for dumbfuck investors. I bet they'd find bitcoin way more fun and promising if they'd actually give it some effort and play around with it. Your view of investors might be limiting your ability to reach out to them effectively.
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Denker
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March 30, 2016, 12:56:33 PM |
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That investment company can say whatever it wants. Fact is the market dictates the price. Supply and demand.And not some number pulled out of the pocket by some individuals. Very poor article! And nothing against Barry and his GBTC. But when I should get into Bitcoin, like they say, I would of course Bitcoin directly.
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The Sceptical Chymist
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Top Crypto Casino
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March 30, 2016, 02:15:28 PM |
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If BTC was meant to be at $600, then it would be
In my opinion, the whole concept of something being overvalued or undervalued is erroneous. The market is always right.
When those in control are ready to begin their buying spree, they will. When they are ready to cash out and send the price crashing down, they will.
Everything else is white noise
Yeah, totally not true and that's why Warren Buffett makes money. Also, the internet bubble and all the other bubbles argue against markets always being right. If someone is charging $1000 for a toaster--even if someone pays it--is it overpriced? Not sure about bitcoin though and I'm not really sure how anyone can put a true value on it. In that you are correct, if it was supposed to be $600 it already would be.
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Amph
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March 30, 2016, 02:26:48 PM |
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it make sense to have $600 of value within this year, it was the prediction of almost anyone here, maybe even a bit more, toward 700
this is also in line with the profit that is needed for the miner to face the halving, but this does not mean that it will not be a new peak late in this year
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kwukduck
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March 30, 2016, 02:27:13 PM |
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It's crashing and you're thinking it's undervalued? Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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LMGTFY
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March 30, 2016, 02:34:25 PM |
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It's crashing and you're thinking it's undervalued? Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
Ah, I think I'm beginning to understand why your posts always seem so apocalyptic. That word, "crash" - it does not mean what you appear to think it means. Take a look at reality for a minute: http://bitcoincharts.com/charts/bitstampUSD#rg2zigDailyzczsg2016-01-12zeg2016-03-30ztgSzbgBzm1g10zm2g25zl See how mid-January there was a sudden, large drop in price - within just one day? Over 15% in one day! Now look at the past few days - notice how there isn't a sudden, large drop in price? We've not even fallen 5% in three days! Meh, crash.
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Mr.grin
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Merit: 1000
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March 30, 2016, 05:39:20 PM |
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It's crashing and you're thinking it's undervalued? Nope. It's worth exactly what people are willing to pay for it. And nowadays it looks like people rather want to get rid of it than pay for it to get more.
I agree. people waiting for the moment it happened, because when that happens they will buy it and wait for the high price that they get higher profits
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maokoto
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March 30, 2016, 05:49:28 PM |
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It is not undervalued, it has just the value that people wants it to have (I mean the consensus of people). Bitcoin was created for the people who owns it in a very real sense, and they establish it value.
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Oriannaa
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March 30, 2016, 06:03:52 PM |
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The whole undervalue is a debate on each person on how they see it.
But the overall sense is based on what people are paying for lol. Or else why would we even have that price.
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doublemore
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March 30, 2016, 09:34:34 PM |
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Yeah i think i agree also. If we do see a move up to $600 this will create much confidence in holders and much panic is people who were holding out for cheaper coins. I reckon there is 1-2 more months before this move.
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Grillo
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March 30, 2016, 09:46:26 PM |
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I still believe that BTC will shoot over 1000$ before the end of this year. Bear market is over for alts, and will be soon over for BTC.
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Alley
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March 31, 2016, 12:48:36 AM |
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Seems like a advertisement for gbtc. Why no mention of just buying bitcoin?
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~Bitcoin~
Legendary
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Merit: 1000
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March 31, 2016, 03:50:52 AM |
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I also think same as there is no reason for bitcoin to be at 400 mark before upcoming halving. Bitcoin price is manipuated by whales right now.
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| ligma | | | | ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ ███ | | ███ ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ | | |
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asrilani
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April 07, 2016, 03:49:46 PM |
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I also think same as there is no reason for bitcoin to be at 400 mark before upcoming halving. Bitcoin price is manipuated by whales right now.
One theory is that the bitcoin is held down by the miners. The miners have already presold the coin they could mine.
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0day
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April 07, 2016, 05:01:05 PM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. Yeah, I also agree, its price is determined by the supply and demand, when more people will demand about it, the price will increase, and now at this era we are seeing that more people especially online earners are adopting bitcoin on a great scale.
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asrilani
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April 08, 2016, 02:11:04 PM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. Yeah, I also agree, its price is determined by the supply and demand, when more people will demand about it, the price will increase, and now at this era we are seeing that more people especially online earners are adopting bitcoin on a great scale. I use bitcoin to buy things and do some trading with other altcoin. I hold most of the bitcon though.
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rovufarm1
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April 08, 2016, 02:12:05 PM |
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It's already OVERvalued because it's a digital currency, yadayada. It's already 4000x ish over the market price of when it first started.
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asrilani
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April 15, 2016, 04:24:08 PM |
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But that does not mean it is not undervalued. The Gooogle or the Apple price has risen a lot, but they are still valuable.
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BitMaxz
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Block halving is coming.
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April 15, 2016, 05:28:51 PM |
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It's already OVERvalued because it's a digital currency, yadayada. It's already 4000x ish over the market price of when it first started.
I think bitcoin still not over valued even its just a digital currency because of demand and supply the price should be high.. and i think it will increase more in the following year. because we are developing and users are increasing.. thats why bitcoin will bbe more high value.. and i think someday bitcoin will be instinct and the more less supply the higher the value..
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richardsNY
Legendary
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April 15, 2016, 06:19:57 PM |
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At this point the price isn't undervalued at all while the block rewards are still 25 BTC. If the price after the block halving is still around these price levels, then you can say that the price is kinda undervalued.
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lissandra
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April 15, 2016, 06:49:28 PM |
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If you think the price of the btc is overvalued, its time to re-adjust the norm.
It means you need to re-think how to earn more to afford btc before it goes even higher.
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Swisk
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April 15, 2016, 06:54:12 PM |
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I also think same as there is no reason for bitcoin to be at 400 mark before upcoming halving. Bitcoin price is manipuated by whales right now.
One theory is that the bitcoin is held down by the miners. The miners have already presold the coin they could mine. Why would the miners want to do that though? I mean, they would benefit if the prices went up, right?
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asrilani
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April 16, 2016, 11:27:51 AM |
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I also think same as there is no reason for bitcoin to be at 400 mark before upcoming halving. Bitcoin price is manipuated by whales right now.
One theory is that the bitcoin is held down by the miners. The miners have already presold the coin they could mine. Why would the miners want to do that though? I mean, they would benefit if the prices went up, right? The miners borrow the bitcoin, and sell the bitcoin to lock in the profit. They will return the bitcoin using mining.
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Yadamosan
Member
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April 25, 2016, 08:50:17 AM |
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I also think same as there is no reason for bitcoin to be at 400 mark before upcoming halving. Bitcoin price is manipuated by whales right now.
One theory is that the bitcoin is held down by the miners. The miners have already presold the coin they could mine. Why would the miners want to do that though? I mean, they would benefit if the prices went up, right? The miners borrow the bitcoin, and sell the bitcoin to lock in the profit. They will return the bitcoin using mining. So after they have presold the bitcoin and can return the bitcoin to the lender, the bitcoin price does not matter any more.
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maku
Legendary
Offline
Activity: 1288
Merit: 1000
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April 25, 2016, 08:59:49 AM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. We could argue that gold isn't backed by anything either... and so on. Bitcoins have value because they are useful simple as that. But it seems there is always a problem with determining 'true' value of bitcoin. And I don't think it is $655 or something, like that Bitcoin Investment Trust are trying to tell us.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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April 25, 2016, 09:04:42 AM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. We could argue that gold isn't backed by anything either... and so on. Bitcoins have value because they are useful simple as that. But it seems there is always a problem with determining 'true' value of bitcoin. And I don't think it is $655 or something, like that Bitcoin Investment Trust are trying to tell us.These companies don't say anything without a reason, they probably have scooped up a lot coins and are now trying to crank up people to think Bitcoin is currently undervalued, which isn't the case. That's why I always do my own research.
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Jistlad
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April 30, 2016, 12:36:37 PM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. We could argue that gold isn't backed by anything either... and so on. Bitcoins have value because they are useful simple as that. But it seems there is always a problem with determining 'true' value of bitcoin. And I don't think it is $655 or something, like that Bitcoin Investment Trust are trying to tell us.These companies don't say anything without a reason, they probably have scooped up a lot coins and are now trying to crank up people to think Bitcoin is currently undervalued, which isn't the case. That's why I always do my own research. Bank of America already said bitcoin was worth $1200 in 2013. So the bitcoin is undervalued by $800.
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asrilani
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May 03, 2016, 07:29:21 AM |
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Bitcoin is not backed by anything , so its price is determined by supply and demad .No body can fix it . Its always right. We could argue that gold isn't backed by anything either... and so on. Bitcoins have value because they are useful simple as that. But it seems there is always a problem with determining 'true' value of bitcoin. And I don't think it is $655 or something, like that Bitcoin Investment Trust are trying to tell us.These companies don't say anything without a reason, they probably have scooped up a lot coins and are now trying to crank up people to think Bitcoin is currently undervalued, which isn't the case. That's why I always do my own research. Bank of America already said bitcoin was worth $1200 in 2013. So the bitcoin is undervalued by $800. That is good to know. I think I will buy some bitcoin and hold it for the long term. I might sell when the price is $3000.
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DashCoinDark
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May 03, 2016, 02:02:15 PM |
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We never know what the value can be in the future but the most people are hoping that the value will be more worth soon and that would be nice for the Bitcoin users. And as we can see now you see also that the halving is also coming so that can be perfect.
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asrilani
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May 06, 2016, 06:28:11 PM |
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We never know what the value can be in the future but the most people are hoping that the value will be more worth soon and that would be nice for the Bitcoin users. And as we can see now you see also that the halving is also coming so that can be perfect.
The halving might double the price, then it will attract attention of more people, they will buy more, the price will rise again.
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MaritiJames3
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May 06, 2016, 08:52:36 PM |
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We never know what the value can be in the future but the most people are hoping that the value will be more worth soon and that would be nice for the Bitcoin users. And as we can see now you see also that the halving is also coming so that can be perfect.
The halving might double the price, then it will attract attention of more people, they will buy more, the price will rise again. If that would happen i would be very happy, but yet I am more a sceptic person. Towards the halving i think it's already calculated in. Which means not there is no room for a bigger rise, but don't expect it to double.
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European Central Bank
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Activity: 1288
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May 06, 2016, 09:04:21 PM |
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If these guys truly believe what they've written then let's see them start making some monster buys.
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Yadamosan
Member
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Activity: 193
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May 21, 2016, 07:27:08 PM |
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If these guys truly believe what they've written then let's see them start making some monster buys.
There is a reason for the under value. There is no block size increase until now, the transaction take too long time.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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May 21, 2016, 10:28:01 PM |
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If these guys truly believe what they've written then let's see them start making some monster buys.
There is a reason for the under value. There is no block size increase until now, the transaction take too long time. wasnt that fixed recently though?
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NeuroticFish
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May 21, 2016, 10:38:49 PM |
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Most of the honest coins are undervaluated for now. Since Bitcoin is the king of cryptocurrencies, it has the best chance to see better days. Let's see if halving will help...
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asrilani
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May 30, 2016, 12:50:34 PM |
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Most of the honest coins are undervaluated for now. Since Bitcoin is the king of cryptocurrencies, it has the best chance to see better days. Let's see if halving will help...
You are right. The bitcoin price is around $540 now. that is more than $100 than a few week's price.
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NeuroticFish
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May 30, 2016, 01:03:07 PM |
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Most of the honest coins are undervaluated for now. Since Bitcoin is the king of cryptocurrencies, it has the best chance to see better days. Let's see if halving will help...
You are right. The bitcoin price is around $540 now. that is more than $100 than a few week's price. Imho it's still far from its potential. This may be for now the start of a halving related bubble, but it can also be a return to its correct value. Bitcoin can still grow a lot, but the amount of speculation grows with that. Everybody wants to earn money and this is an unregulated market.
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asdalani
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June 04, 2016, 10:22:41 AM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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June 04, 2016, 12:15:30 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is.
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asdalani
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June 05, 2016, 12:56:43 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. If it is always undervalued and it will not be over valued, there is not much point to buy it as there will not be much value realisation.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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June 05, 2016, 01:18:49 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. well, if you strictly look at the technology that powers bitcoin and the potential to transform the entire financial industry, then yes, no matter what the actual market price is, bitcoin will always be undervalued in that aspect.
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asdalani
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June 07, 2016, 08:12:49 AM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. well, if you strictly look at the technology that powers bitcoin and the potential to transform the entire financial industry, then yes, no matter what the actual market price is, bitcoin will always be undervalued in that aspect. So do you think the bitcoin price was undervalue in Novemenber 2013, when the price reached $1200?
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Yatsan
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June 09, 2016, 07:29:57 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. well, if you strictly look at the technology that powers bitcoin and the potential to transform the entire financial industry, then yes, no matter what the actual market price is, bitcoin will always be undervalued in that aspect. So do you think the bitcoin price was undervalue in Novemenber 2013, when the price reached $1200? I think the bitcoin was way over valued in late 2013. I think if the price of the bitcoin is 5 times of mining cost, it is overvalued.
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BitMaxz
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Block halving is coming.
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June 09, 2016, 08:47:54 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. well, if you strictly look at the technology that powers bitcoin and the potential to transform the entire financial industry, then yes, no matter what the actual market price is, bitcoin will always be undervalued in that aspect. So do you think the bitcoin price was undervalue in Novemenber 2013, when the price reached $1200? I think the bitcoin was way over valued in late 2013. I think if the price of the bitcoin is 5 times of mining cost, it is overvalued. Well in that year yeah its overvalued but for this year nad the following month the price of bitcoin is not overvalued they are also waiting for more increase price come because of mining is not profitable these year.. and difficulty still high.. so according to some miners out side bitcoin is very cheap right now so theres a possibility that the price will increase above 1k value..
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richardsNY
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June 09, 2016, 10:20:25 PM |
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The bitcoin has risen more than $150 from the opening of the thread. So it is just undrvalue by $50 now.
bitcoin is always undervalued by $200 no matter what the price is. well, if you strictly look at the technology that powers bitcoin and the potential to transform the entire financial industry, then yes, no matter what the actual market price is, bitcoin will always be undervalued in that aspect. So do you think the bitcoin price was undervalue in Novemenber 2013, when the price reached $1200? I think the bitcoin was way over valued in late 2013. I think if the price of the bitcoin is 5 times of mining cost, it is overvalued. The price back then was not only very overvalued, but it was also pumped up by Willy the bot with fake buying power. Of course those who managed to enter the market before that bull run started will not complain as they made insane profits. But those who bought at the peak.....
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Jmild1
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June 09, 2016, 11:34:11 PM |
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Investing in Bitcoin without buying Bitcoin seemed a silly idea when I first read it. Buying $25,000 worth of Bitcoin as an investment idea is definitely a silly idea, given the time it would take to amass such a fortune. I'd suggest spending your 25 grand on 3 dash masternodes.
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talks_cheep
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June 10, 2016, 05:13:34 AM |
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Bitcoin is, I believe the OP meant to say, undervalued by over US $2,000,000!!!!
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Bitplumber
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June 10, 2016, 05:58:42 AM |
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If bitcoin matches Apples market cap, 1 bitcoin will be worth 30k. I think this is achevable, therefore it is undervalued 😆
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GermanFoobla
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June 10, 2016, 07:33:49 AM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
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asrilani
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June 11, 2016, 07:17:24 AM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump.
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BitcoinPC
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June 11, 2016, 09:24:58 AM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now.
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1Referee
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June 11, 2016, 09:38:47 AM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard.
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asdalani
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June 13, 2016, 06:43:04 PM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard. If the price stays around the current level after the halving, there will be no big dump. If the price rieses too fast, there will big dump.
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Yadamosan
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June 16, 2016, 09:56:50 AM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard. If the price stays around the current level after the halving, there will be no big dump. If the price rieses too fast, there will big dump. The price just rose to $740, that is another 8% of rise in the last 24 hours. Is there a bitcoin bubble forming?
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asdalani
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June 16, 2016, 04:33:03 PM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard. If the price stays around the current level after the halving, there will be no big dump. If the price rieses too fast, there will big dump. The price just rose to $740, that is another 8% of rise in the last 24 hours. Is there a bitcoin bubble forming? Looks like there is a small bubble. But if the price does not rise further, and it consolidates here, there is no bubble.
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Jistlad
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June 22, 2016, 12:00:55 PM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard. If the price stays around the current level after the halving, there will be no big dump. If the price rieses too fast, there will big dump. The price just rose to $740, that is another 8% of rise in the last 24 hours. Is there a bitcoin bubble forming? Looks like there is a small bubble. But if the price does not rise further, and it consolidates here, there is no bubble. The small bubble just burst. It could be good for the long term bitcoin price. It will be corrected for a few months.
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BTCLovingDude
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BTC to the moon is inevitable...
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June 22, 2016, 12:58:02 PM |
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As you can see now you see that Bitcoin is becoming more worth and that is because it started to rise slowly now and that is nice and you can even see now that the halving is coming also. And many people waited already a long time until they can sell it with profit so maybe the time will be soon.
If the price rises slowly, say, 10% a month, the price will not drop too much as there is no big pump and dump. Yes thats the great thing for slow rising. The good effect for slow rising is that the price of bitcoins rises slowly and it will not fall all of sudden. This is called stability in price and this is what we all want from bitcoin. We dont want bitcoin to rise upto 1000$ all of sudden and next days dropped to 200$. We want slow rise in price just like now. Just keep your eyes pointed at what will happen directly after the block halving. I foresee some massive dumps which will cause the price to tank very hard. If the price stays around the current level after the halving, there will be no big dump. If the price rieses too fast, there will big dump. The price just rose to $740, that is another 8% of rise in the last 24 hours. Is there a bitcoin bubble forming? Looks like there is a small bubble. But if the price does not rise further, and it consolidates here, there is no bubble. The small bubble just burst. It could be good for the long term bitcoin price. It will be corrected for a few months. yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
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alyssa85
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June 22, 2016, 01:04:54 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again.
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asdalani
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June 22, 2016, 03:53:19 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump.
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pitham1
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June 22, 2016, 03:59:24 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset.
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romero121
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June 22, 2016, 05:05:29 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset. That's the realistic view about bitcoin as well every asset. Only with profit or only with winning none can make a life. It always crosses ups and downs then only that's a healthy circulation.
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Yatsan
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Leading Crypto Sports Betting & Casino Platform
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June 26, 2016, 09:08:44 AM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset. The main reason for the volatility is that the bitcoin is controlled by very few people, they can make profit out of volatility.
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Jistlad
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July 06, 2016, 11:18:36 AM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset. The main reason for the volatility is that the bitcoin is controlled by very few people, they can make profit out of volatility. The big whales can dictate the bitcoin price. But as time goes on, more people are invovled, they cannot maniulate as easily.
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asdalani
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July 06, 2016, 05:15:41 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset. The main reason for the volatility is that the bitcoin is controlled by very few people, they can make profit out of volatility. The big whales can dictate the bitcoin price. But as time goes on, more people are invovled, they cannot maniulate as easily. That is the reason I do not trade bitcoin any more. I tried to trade previously, but I have lost some money.
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Yatsan
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July 11, 2016, 08:43:52 AM |
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The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Jistlad
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July 20, 2016, 06:02:16 PM |
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The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.
I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal.
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HarryKPeters
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July 20, 2016, 09:32:38 PM |
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The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.
I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal. At this moment i find 650 a very good price. 1 year ago the price was dwelming around 250 dollar. Now it is up by 400 dollars. In time it will grow more but we have to be patient.
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1Referee
Legendary
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July 20, 2016, 10:23:59 PM |
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yeah but the fall down was not big at all. it was just small correction when you see the bigger picture here. $780 was such a big rise which happened all of a sudden and that is why it was also unstable and couldn't hold up.
Yup. It went up too fast. It would be good to see it stabalise at the current price for a month or two before gently moving up again. That is just my thought. I hope the price can rise slowly and steadily. We do not want big pump and dump. You can't have a slow and steady rise for ever. At some point, momentum will build up and the price will shoot. Boom and bust cycles are part of the life cycle of every asset. The main reason for the volatility is that the bitcoin is controlled by very few people, they can make profit out of volatility. The big whales can dictate the bitcoin price. But as time goes on, more people are invovled, they cannot maniulate as easily. That is the reason I do not trade bitcoin any more. I tried to trade previously, but I have lost some money. Whales control every market around the world. It's definitely not limited to Bitcoin only. I am trading since early 2013 and have so far managed to make a more than decent profit every year. You need to make sure you know what whales will do and what their potential plans are. It's not that difficult as in many cases their behaviour is repetitive over a long period of time. Use that in your advantage.
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Bitcotalk
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July 20, 2016, 10:42:35 PM |
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The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.
I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal. At this moment i find 650 a very good price. 1 year ago the price was dwelming around 250 dollar. Now it is up by 400 dollars. In time it will grow more but we have to be patient. yeah, the price has increased much more and it is not decreased or overvalued, if we look at the price chart of last year, in the few last months we have sae doubling our money in bitcoin, and still these are said that the price in the coming weeks will increase more.
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ironm@n
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July 20, 2016, 10:43:54 PM |
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And now it seems overbought
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quake313
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July 21, 2016, 12:23:18 AM |
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And now it seems overbought
Overbought? What are you smoking man? What do you think the price should be $300? Those days are probably in the rear dude. We are in the consolidate and then inflate stage. Although, its Bitcoin, so who knows
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pooya87
Legendary
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July 21, 2016, 03:54:33 AM |
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The bitcoin is not undervalued. It is the right price for the value. If there are more users, the price will rise.
I think so. If the price is $800 now, then it could be overvalued by $100. But 100 to 200 dollar difference is normal. At this moment i find 650 a very good price. 1 year ago the price was dwelming around 250 dollar. Now it is up by 400 dollars. In time it will grow more but we have to be patient. yeah, the price has increased much more and it is not decreased or overvalued, if we look at the price chart of last year, in the few last months we have sae doubling our money in bitcoin, and still these are said that the price in the coming weeks will increase more. it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.
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Yatsan
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July 23, 2016, 02:59:42 PM |
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it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.
The number of users, the daily transaction indicates the bitcoin is rightly values. If the transactions double, its value will also double.
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sishendaoye
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July 23, 2016, 04:12:42 PM |
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it is not overvalued at all, if anything bitcoin is undervalued right now. but $650 ish is a good price for bitcoin at this point and i believe that looking at the bigger picture with the long term rise starting from last year this is where bitcoin should be right now.
The number of users, the daily transaction indicates the bitcoin is rightly values. If the transactions double, its value will also double. Where does that nonsense comes from? Transaction double, bitcoin value double? If the amount of transactions double it means more people use bitcoin, with doesn't mean the price will go higher.
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trickshot22
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July 23, 2016, 04:44:43 PM |
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And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon
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ironm@n
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July 24, 2016, 10:59:33 AM |
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And now it seems overbought
Overbought? What are you smoking man? What do you think the price should be $300? Those days are probably in the rear dude. We are in the consolidate and then inflate stage. Although, its Bitcoin, so who knows I hope you're right, let's see what will happen next.
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yugo23
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July 24, 2016, 12:10:18 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
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asdalani
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July 25, 2016, 12:29:13 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value.
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respawn2
Member
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Activity: 84
Merit: 10
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July 25, 2016, 01:06:48 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value. *intrinsic That word don't mean what you think it does.
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ironm@n
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July 28, 2016, 04:07:02 AM |
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And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon I understand the potential, I'm holding for the long term.
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Yadamosan
Member
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Activity: 193
Merit: 10
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July 28, 2016, 03:22:49 PM |
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And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon I understand the potential, I'm holding for the long term. The bitcoin price is quite stable at the moment. I never see this stability before. It is very suitable to be a currency.
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panju1
Legendary
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Activity: 1246
Merit: 1000
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July 29, 2016, 12:47:59 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit.
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Karpeles
Legendary
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Activity: 1162
Merit: 1000
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July 29, 2016, 03:19:52 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. Or wait the next report to know the next fair value and what to do next
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maku
Legendary
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Activity: 1288
Merit: 1000
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July 29, 2016, 04:11:38 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
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ASHLIUSZ
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July 29, 2016, 11:09:00 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions.
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asdalani
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July 30, 2016, 09:07:40 PM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions. The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin.
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bitlancr
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July 30, 2016, 10:12:22 PM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions. The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin. 850 would be the price op is stating is what bitcoin's really worth. At this moment i don't see that as a realistic price. The price of 650 seems more of a realistic price to me.
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anama
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July 31, 2016, 12:43:32 AM |
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If now imposible is bitcoin price undervalued two hundred dollar every one bitcoin because now pasca halving return to mining only few fifty percentage is compare before halving so is price bitcoin very low is miner not mining again, all miner not mining is big trouble bitcoin
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