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Author Topic: Btc Up at 475  (Read 3861 times)
mikehersh2 (OP)
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May 02, 2016, 12:04:19 AM
 #1

Bitcoin jumped to a surprising 475 late this month, wonder what caused the serge. Hope the price can stay high for awhile.

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May 02, 2016, 12:13:48 AM
 #2

I think this was just a spike. The price has been increasing slowly but steadily. This is healthy growth towards reward halving.

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May 02, 2016, 01:09:56 AM
 #3

Hopely this May can be better than previous month, can over of 500$.
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May 02, 2016, 01:12:49 AM
 #4

It did  Shocked
I haven't checked the price in the last 3 hours.
If it has then I am in luck  Grin as I just bought some.
Time to sell some tomorrow  Wink

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May 02, 2016, 01:14:01 AM
 #5

Yes i also hope like that, but within the halving issue i think most of the people will hold their bitcoin, that will cause bitcoin price to go down, but after halving i hope the price will be rise after the halving
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May 02, 2016, 01:24:35 AM
 #6

Yes i also hope like that, but within the halving issue i think most of the people will hold their bitcoin, that will cause bitcoin price to go down, but after halving i hope the price will be rise after the halving

People holding their coins doesn't necessarily mean that the price will go down. There might be less supply on the market of coins, weakening the currently think sell walls and potentially driving the price up.
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May 02, 2016, 01:27:11 AM
 #7

Hopely this May can be better than previous month, can over of 500$.
I think so. but starting of may isn't that good. bitcoin price dropped to 455+ dollars. but I also hope that this month bitcoin price will cross this year's all records and and can over up to 500$ .
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May 02, 2016, 01:28:07 AM
 #8

What caused this I wonder because I am low on coins and most of my bets have not completed yet so I am holding nothing right now  Undecided
Very upsetting  Cry

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May 02, 2016, 01:40:58 AM
 #9

Bitcoin jumped to a surprising 475 late this month, wonder what caused the serge. Hope the price can stay high for awhile.

May Day Revolution perhaps?  Is there any evidence that the price of BTC jumps at the start of the month ie when people who only get paid monthly are likely to be cashed up and are more likely to buy?

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May 02, 2016, 01:58:05 AM
 #10

I only check the price on the mycelium wallet and it hasn't even been up to 460 in a few days. I think they use bitstamp price.

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May 02, 2016, 02:03:28 AM
 #11

I think price is high in general anticipation of Halving. Also some positive news were released recently - major news being - Steam finally accepted bitcoin as payment method.
This certainly bolstered bitcoin credibility and position on the market.
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May 02, 2016, 02:42:41 AM
 #12

I think price is high in general anticipation of Halving. Also some positive news were released recently - major news being - Steam finally accepted bitcoin as payment method.
This certainly bolstered bitcoin credibility and position on the market.
But that can't be it alone to support a $25 hike in price all the sudden  Undecided

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May 02, 2016, 02:46:31 AM
 #13

I think price is high in general anticipation of Halving. Also some positive news were released recently - major news being - Steam finally accepted bitcoin as payment method.
This certainly bolstered bitcoin credibility and position on the market.
But that can't be it alone to support a $25 hike in price all the sudden  Undecided
I think it is because the halving is coming near? Well, there are a lot who already accepts bitcoin and that will be possibly be the reason of the price hike this month.
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May 02, 2016, 02:47:10 AM
 #14

Yes Steam accepting bitcoin definitely gave it some boost I would say

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May 02, 2016, 02:54:00 AM
 #15

I think price is high in general anticipation of Halving. Also some positive news were released recently - major news being - Steam finally accepted bitcoin as payment method.
This certainly bolstered bitcoin credibility and position on the market.
But that can't be it alone to support a $25 hike in price all the sudden  Undecided

That is what I'm thinking too. And besides, it didn't hold long.

What I believe is that traders are testing the waters if bitcoin is going to have much resistance for a a higher price before the halving. Either way, holders want a high price, ain't we?
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May 02, 2016, 02:55:33 AM
 #16

sell now for it won't stay long. Not until halving starts.


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May 02, 2016, 02:57:57 AM
 #17

sell now for it won't stay long. Not until halving starts.

Better not to sell now because price is slowly increasing and much better to wait halving happens.
You earn from it you are holding lot of bitcoins. Let's see if bitcoin will rise up to $500 after this May.



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richjohn
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May 02, 2016, 03:02:30 AM
 #18

sell now for it won't stay long. Not until halving starts.

Better not to sell now because price is slowly increasing and much better to wait halving happens.
You earn from it you are holding lot of bitcoins. Let's see if bitcoin will rise up to $500 after this May.
Exactly. You may regret now of selling your bitcoin because it is possibly thay the bitcoin price will raise this coming halving. Just hold it and wait for it.
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May 02, 2016, 07:32:54 AM
 #19

Bitcoin jumped to a surprising 475 late this month, wonder what caused the serge. Hope the price can stay high for awhile.

It s all speculation about halving. It ll go to $600 just before halving. What will happen after is a big question?

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May 02, 2016, 07:35:45 AM
 #20

Probably price will go up a bit. Not maybe up to 600$ like many are predicting but it could go up to 500-550. So, hold your coins for a while.

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