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GermanFoobla
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May 05, 2016, 11:56:01 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. |
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Omegasun
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May 13, 2016, 07:46:12 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. The price could rise to $500 in about two months or just before the halving. It is $50 rise in two months. |
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Fofofolo
Member
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Activity: 107
Merit: 10
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May 13, 2016, 08:11:01 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. There will be a time that it will happen and that is because Bitcoin was already stable for a long time and that is bad for the people with the halving so that must change. We all want to of course make some profit in a fast time so we can at least sell it with a little bit profit. |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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May 13, 2016, 08:14:09 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. The price could rise to $500 in about two months or just before the halving. It is $50 rise in two months. It will happen just before the halving as you also said. There are still more than 2 months to go before the block halving takes place. In the meanwhile not much will happen. July is the month the real fireworks will start. |
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Barbut
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May 13, 2016, 08:19:58 AM |
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To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?
Preparing for halving probably, steady rise until the end of the year. When we hit double from this price today don't be surprised. But no matter how much price rise I hope we will stay there and stabilize somewhere over the 700. |
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azguard
Legendary
Offline
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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May 13, 2016, 08:58:03 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. The price could rise to $500 in about two months or just before the halving. It is $50 rise in two months. It will happen just before the halving as you also said. There are still more than 2 months to go before the block halving takes place. In the meanwhile not much will happen. July is the month the real fireworks will start. sure but i dont expect it big at least not in that moment i expect huge jumps in price after month or two after halving high hope for that period |
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randy8777
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Activity: 896
Merit: 1000
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May 13, 2016, 10:30:35 AM |
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To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?
Preparing for halving probably, steady rise until the end of the year. When we hit double from this price today don't be surprised. But no matter how much price rise I hope we will stay there and stabilize somewhere over the 700. the higher the price is, the weaker the support gets. for example if you place a buy order of 1000btc at $450 then it can be seen as decent support. but that same $450,000 that gets you 1000btc at todays prices will be completely different when the price is at $900. your $450,000 will then only counts as 500btc buy support when you place it at $900. support will only get weaker throughout the years as the price is climbing. |
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jjacob
Legendary
Offline
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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May 13, 2016, 03:01:14 PM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. Yes, this slow and steady increase gives much more confidence. We will take time to get to $500, but we will get there. |
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Omegasun
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May 26, 2016, 11:19:21 AM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. Yes, this slow and steady increase gives much more confidence. We will take time to get to $500, but we will get there. I would like the bitcoin price to just rise 1% a week. During the week, the volatility should also be low. |
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panju1
Legendary
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Activity: 1246
Merit: 1000
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May 26, 2016, 04:04:48 PM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. Yes, this slow and steady increase gives much more confidence. We will take time to get to $500, but we will get there. I would like the bitcoin price to just rise 1% a week. During the week, the volatility should also be low. 1% a week would make people suspect that it is a giant ponzi scheme.  Intra-week volatility is fine as long as the long-term trend is up. |
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lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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May 26, 2016, 04:09:27 PM |
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It might be due to the accumulation that happened due to the expectation on halving. Not because of the Craig or some people's accumulation of huge volume. When you consider the entire user community, everyone were holding for a rise which reduces the circulation. This seems to be the reason for delay to touch $500.
I know this third time it will happen.. We've seen it happening it happening almost 2 times and again and again the bears won. Now the bulls are taking it steadily and it will rise to over 500 again. Yes, this slow and steady increase gives much more confidence. We will take time to get to $500, but we will get there. The thing is once it hits $500 I know a lot would already cash out. Nonetheless, hitting $500 and probably staying at that level for a week or so would set the stage for a leap, probably right before the halving. |
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talks_cheep (OP)
Legendary
Offline
Activity: 1036
Merit: 1000
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May 26, 2016, 05:20:42 PM |
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We are less than a month and half before the expected halving, and the recent trends clearly indicate 450 is the preferred price for traders, Chinese or Western. Why? Because the miners, especially the ones in China, see it as the sweet spot. They don't want huge increase in price because it invites unwanted competition. The Chinese mining cartel intends to control the market, their first order of business is to drive out the small, home-based miners around the world. Those of you who bought S7 from Bitmain have shot themselves in their foot already. At least I do NOT mine on their Antpool, if you do, you are shooting yourself a second time.
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bittraffic
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May 26, 2016, 05:25:38 PM |
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We are less than a month and half before the expected halving, and the recent trends clearly indicate 450 is the preferred price for traders, Chinese or Western. Why? Because the miners, especially the ones in China, see it as the sweet spot. They don't want huge increase in price because it invites unwanted competition. The Chinese mining cartel intends to control the market, their first order of business is to drive out the small, home-based miners around the world. Those of you who bought S7 from Bitmain have shot themselves in their foot already. At least I do NOT mine on their Antpool, if you do, you are shooting yourself a second time.
make sense. no wonder it didn't break $500 even after all these hype lol. so the price increase may just happen once small miners died out of starvation. |
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talks_cheep (OP)
Legendary
Offline
Activity: 1036
Merit: 1000
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May 26, 2016, 05:34:41 PM |
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We are less than a month and half before the expected halving, and the recent trends clearly indicate 450 is the preferred price for traders, Chinese or Western. Why? Because the miners, especially the ones in China, see it as the sweet spot. They don't want huge increase in price because it invites unwanted competition. The Chinese mining cartel intends to control the market, their first order of business is to drive out the small, home-based miners around the world. Those of you who bought S7 from Bitmain have shot themselves in their foot already. At least I do NOT mine on their Antpool, if you do, you are shooting yourself a second time.
make sense. no wonder it didn't break $500 even after all these hype lol. so the price increase may just happen once small miners died out of starvation. No, you are lacking in understanding, this isn't funny or a laughing matter. We didn't break 500 at all, where do you see 500? Bfx currently shows 453, NOT 500. Once small miners are wiped out, possibly after the halving, the mining cartel in China will play with the price the way they see fit. That's what cartels do, just look at the history of OPEC. |
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socks435
Legendary
Offline
Activity: 2016
Merit: 1030
Privacy is always important
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May 26, 2016, 05:41:16 PM |
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For now i cant speculate that the price of bitcoin will touch to $500 but im sure after block halving we will see the changes the price will increase according to other traders outside.. just lets hope this coming june we will see changes of the price.. the price today still stable..
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Solving blocks can't be solved without my rigs.
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techgeek
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May 26, 2016, 06:09:05 PM |
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He basically tricked to get those signatures to make people believe hes satoshi lol.
The price isnt really based on this person, i think the price is unable to break because new money/old money as well been going to ETH where original orders for bitcoin should be at.
People go where theres profit, esp when they see a rise of value for an alt coin.
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wikenpp
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May 26, 2016, 08:24:49 PM |
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For now i cant speculate that the price of bitcoin will touch to $500 but im sure after block halving we will see the changes the price will increase according to other traders outside.. just lets hope this coming june we will see changes of the price.. the price today still stable..
500 has been the price which we didn't reach 3 times now. Maybe before the halving it will break but that's not certain offcourse. I do hope it will happen but if the price stays where it is now I don't mind either. Stability is preferred over volatility. |
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DavidoAlto
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May 27, 2016, 07:01:38 AM |
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As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.
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azguard
Legendary
Offline
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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May 27, 2016, 08:49:19 AM |
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As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.
500 in this rise is so close current is on 478 and this target is now so close will it remain on it it will be hard think it is huge resistance on 500 so if broken then it might go high enough to stay above 500 |
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Raimonn
Legendary
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Activity: 1456
Merit: 1001
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May 27, 2016, 09:47:52 AM |
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As you can see now you see that the value is going to rise slowly so that is really nice for the currency itself but it is still hard to know what will happen with the Bitcoin and that is the problem.
But as we all know we know that the halving is coming towards to us and that can be perfect for us.
500 in this rise is so close current is on 478 and this target is now so close will it remain on it it will be hard think it is huge resistance on 500 so if broken then it might go high enough to stay above 500 Bitcoin price is increasing fast today, we have the 500 resistance near, but i think that important resistant prices are con cny (chinese divise), i think that today increasing was a china movement about its divise. |
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