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Author Topic: What do you think for May???  (Read 3219 times)
salmanahmedone (OP)
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May 01, 2016, 07:03:07 AM
 #1

DO you think that Bitcoin will cross $550 in the end of May. because now bitcoin's price is going very fast so may be in the end of May bitcoin will be reached at $550 ?
RoommateAgreement
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May 01, 2016, 07:07:45 AM
 #2

yes! i think it will continue on the current path to reach $550 soon

but you should post these topics in speculation section not here!

Buying the dip...
romero121
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May 01, 2016, 07:30:25 AM
 #3

In my opinion May will be a good month of 2016, as the price is expected to touch $500 on this month.
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May 01, 2016, 07:40:19 AM
 #4

In my opinion , we won't be going anywhere above 480$ this month. June & July in the other hand is another story (because of the halving).

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richjohn
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May 01, 2016, 07:42:11 AM
 #5

I think the price is at stable this coming May since it is already a few days have past that the price is at stable. Maybe it will touch $500 at the month of June or July.
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May 01, 2016, 08:03:01 AM
 #6

I think the price of Bitcoin will increase at least to $500 in May and hopefully more. I think people will start to move their investments back into Bitcoin and the pump will start to get more serious near the end of the month.
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May 01, 2016, 08:43:34 AM
 #7

In May, we might see the release of the SegWit Core wallet. We might see the price to be stable over $500.
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May 01, 2016, 09:10:58 AM
 #8

i think ti will stabilize in this current price range, with perhaps a shy attempt to break 475-500 range, i'm not seeing it breaking 500 yet
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May 01, 2016, 10:00:28 AM
 #9

If the price stays between the $450 and $480, consolidates for about a months, then it is good for the next stage.

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May 01, 2016, 10:56:28 AM
 #10

i think this month will be the same as last month. the price might go up coming very close to $500 but not more than that.
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May 01, 2016, 11:07:58 AM
 #11

The May will be better for bitcoin if people started to support bitcoin and started to buy more bitcoins and not agreed to sell them at lower price, but if people started to sell their bitcoin at lower price then we should not expect it at a high price.
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May 01, 2016, 02:49:47 PM
 #12

As USD keeps losing its value globally, that means bitcoin will continue to rise in MAY. Oil prices are also going to rise, they used to be 100$...

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actmyname
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May 01, 2016, 03:05:44 PM
 #13

Though unlikely, I expect that if there is enough buzz about the halving like all the other months, the price will be able to reach around $500. I dare not say that it will reach higher levels because that would require a huge amount of circulation and I doubt that many people [with money and brains] would play into that.

The only true way I would expect for the price to rise to levels much higher than somewhere around 480-520 is if there was a bubble. In that case, it's irrelevant and has nothing to do with the overall trend.

jamesl22
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May 01, 2016, 03:10:40 PM
 #14

I think bitcoin price will above 600$ by end of May, bitcoin halving is near and anyone wants to get into bitcoin before halving because they know price will rise so its a good chance to get into bitcoin before halving.
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May 01, 2016, 03:36:05 PM
 #15

Concensus over direction will help bring price up, and the looming halving event will multiply the effects of all good news.  

After the network has stabalized in july we will see everyone pile back into bitcoin from their other crypto investments and then the price will really move, (altcoin investments now being similar to havelock and mining investments then) This in turn will bring in all the new blood similar to 2013 and we will see the next bubble...  its market and human nature.  

My advise is to get out of any gambling type cryptoinvestments right now(ICO/IPO/MMM), sharks will be stealing bitcoins wherever they can find them once the bubble starts.  I bet half of the mining hardware scams of 2013 didnt become full scams until the profit to do so became so ridiculously high.

There will be money to be made in altcoin/blockchain startups after Bitcoin becomes overvalued.




 

If your not actively using the technology behind your crypto investment,

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Junko
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May 01, 2016, 04:17:16 PM
 #16

With the upcoming halving looming and in sight, I think the feeling of needing to accumulate as much bitcoin as possible while the price is still relatively low will be setting in for more and more of those who haven't already begun to do so. Basically, the FOMO will get more intense as we creep towards halving day and beyond.
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May 01, 2016, 04:26:05 PM
 #17

As USD keeps losing its value globally, that means bitcoin will continue to rise in MAY. Oil prices are also going to rise, they used to be 100$...

Oil prices decreasing
USD Value Decreasing

Bitcoin Value Increasing  Smiley Smiley Smiley Smiley
traderbit
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May 01, 2016, 04:26:20 PM
 #18

DO you think that Bitcoin will cross $550 in the end of May. because now bitcoin's price is going very fast so may be in the end of May bitcoin will be reached at $550 ?

Compring with the current price it is +$100, which i doubt it will happen during this month, i think the max should be $500.

The Sceptical Chymist
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May 01, 2016, 04:31:01 PM
 #19

It certainly could hit 550. On the other hand it could also go back down to 250. You just never know in the land of bitcoin what's going to happen. Having said that I think it's more likely to go up, but that's just a hunch.

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May 01, 2016, 04:58:23 PM
 #20

DO you think that Bitcoin will cross $550 in the end of May. because now bitcoin's price is going very fast so may be in the end of May bitcoin will be reached at $550 ?

Yes price rises now, price now is 450$, so i think that it is pretty real that price will go to 550$ at end of may, and it rises because one simply reason : halving

people hopes to get a lot of easy money after halving, so they invest their money to bitcoins by buying them and keeping them for halving, so that's why price rises

 
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