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Author Topic: Will this rise hold?  (Read 5060 times)
Schuyler
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July 14, 2016, 07:57:23 AM
 #61


I just wish the bitcoin price to rise 3 to 5% each months. There is no need for it to rise too quickly.

everyone would want the price to rise with such percentages each month. it basically means that in the best case scenario, that you'll make at least 40-50% every year.

That is right. I wish there is no big pump and dump of the price. So that people will invest in it and use it.
One thing that we can't control is the price movement. The volatility scares some away but also attracts some. But recently, we have seen that the price has been consolidating at the $630 to $660 levels. I would love for it to go below $600 before trying to break the $700 resistance.
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July 14, 2016, 08:36:47 AM
 #62


I just wish the bitcoin price to rise 3 to 5% each months. There is no need for it to rise too quickly.

everyone would want the price to rise with such percentages each month. it basically means that in the best case scenario, that you'll make at least 40-50% every year.

That is right. I wish there is no big pump and dump of the price. So that people will invest in it and use it.
One thing that we can't control is the price movement. The volatility scares some away but also attracts some. But recently, we have seen that the price has been consolidating at the $630 to $660 levels. I would love for it to go below $600 before trying to break the $700 resistance.
Well, $680 has come and gone, and Bitcoin could potentially be raised near the $1,000 range and beyond. if bitcoin were to hover at $700 for some time, that could still be a huge improvement over where it stood last year, this kind of stability wouldn’t be so terrible for the time being and if breakout occurs it can happen around $800 to 900 level.
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July 14, 2016, 08:40:20 AM
 #63


I just wish the bitcoin price to rise 3 to 5% each months. There is no need for it to rise too quickly.

everyone would want the price to rise with such percentages each month. it basically means that in the best case scenario, that you'll make at least 40-50% every year.

That is right. I wish there is no big pump and dump of the price. So that people will invest in it and use it.
One thing that we can't control is the price movement. The volatility scares some away but also attracts some. But recently, we have seen that the price has been consolidating at the $630 to $660 levels. I would love for it to go below $600 before trying to break the $700 resistance.
Well, $680 has come and gone, and Bitcoin could potentially be raised near the $1,000 range and beyond. if bitcoin were to hover at $700 for some time, that could still be a huge improvement over where it stood last year, this kind of stability wouldn’t be so terrible for the time being and if breakout occurs it can happen around $800 to 900 level.

I am already happy that the current price is holding its position very well. I actually like the current stability in the price, so I don't mind it if this continues for another month or so.
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July 14, 2016, 07:37:18 PM
 #64

you will must hold you bitcoin , because bitcoin halving occur just a week ago and now the supply of bitcoin will reduce and the demand of bitcoin will increase and it will much more better for bitcoin users  .
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July 16, 2016, 06:29:01 AM
 #65

you will must hold you bitcoin , because bitcoin halving occur just a week ago and now the supply of bitcoin will reduce and the demand of bitcoin will increase and it will much more better for bitcoin users  .

The supply of fresh made bitcoin will be reduced, but the supply of the old bitcoin is still there. So the price will rise slowly.

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July 25, 2016, 12:02:33 PM
 #66

you will must hold you bitcoin , because bitcoin halving occur just a week ago and now the supply of bitcoin will reduce and the demand of bitcoin will increase and it will much more better for bitcoin users  .

The supply of fresh made bitcoin will be reduced, but the supply of the old bitcoin is still there. So the price will rise slowly.

If there is no big good news to drive up the price, it will rise gradually according to the mass adoption of bitcoin.
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July 25, 2016, 01:18:54 PM
 #67

The bitcoin price have been found stable for a long time, from the day after halving. Now from few days back the price has started to fall. This might continue till days to have a steep increase.

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July 27, 2016, 07:08:19 AM
 #68

you will must hold you bitcoin , because bitcoin halving occur just a week ago and now the supply of bitcoin will reduce and the demand of bitcoin will increase and it will much more better for bitcoin users  .

The supply of fresh made bitcoin will be reduced, but the supply of the old bitcoin is still there. So the price will rise slowly.

If there is no big good news to drive up the price, it will rise gradually according to the mass adoption of bitcoin.

I think so. The price rise of the bitcoin will be very sustainable as that is supported by the mass adoption.
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July 27, 2016, 07:22:37 AM
 #69

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

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July 27, 2016, 12:01:20 PM
 #70

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

I actually wish in the next 3 months, the bitcoin price just goes up $1 day on average, that will make it appear stable.

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July 27, 2016, 12:56:20 PM
 #71

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

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July 27, 2016, 01:09:09 PM
 #72

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

the lower difficulty as will happen very soon, will attract other miners to put their machines to work. that way the lower difficulty won't be here for a long time. it will get compensated.
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July 27, 2016, 01:26:44 PM
 #73

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

the lower difficulty as will happen very soon, will attract other miners to put their machines to work. that way the lower difficulty won't be here for a long time. it will get compensated.

the lower difficulty will only happen if we assume the miners are losing money instead of making huge profit (which is not right) because there has been no change in the has power so far and the difficulty is steady and rising.

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July 27, 2016, 01:54:45 PM
 #74

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

I actually wish in the next 3 months, the bitcoin price just goes up $1 day on average, that will make it appear stable.
yeah that would be great positive trend in my opinion though right now the price is going either up or down so i doubt it is possible in the near future

 
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July 28, 2016, 12:30:47 AM
 #75

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

The price has been on a marginal downward trend recently. Whether this accelerates or not, only time will tell. If the price drops a bit further, buying interest may pick up again.

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July 28, 2016, 02:13:58 PM
 #76

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

The price has been on a marginal downward trend recently. Whether this accelerates or not, only time will tell. If the price drops a bit further, buying interest may pick up again.

Today's price is similar to 40 days ago. So there is no downward trend at the moment. It is just consolidating.
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July 29, 2016, 10:48:41 AM
 #77

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

The price has been on a marginal downward trend recently. Whether this accelerates or not, only time will tell. If the price drops a bit further, buying interest may pick up again.

Today's price is similar to 40 days ago. So there is no downward trend at the moment. It is just consolidating.

After the dust of the Ethereum hard forking is settled, it is the turn for the bitcoin to rise a lot in the short term.

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Efemen
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August 01, 2016, 11:12:27 AM
 #78

Well, now I think the price of bitcoin last long at the price of $ 650 more, but if the price goes up to $ 700 +, bitcoin prices may be up and down quickly. This must happen if the bitcoin price rise above $ 700, it's because many people are targeting to sell their bitcoin bitcoin when prices exceed $ 700.

It could start going down from in the next couple of weeks. The smaller mining farms would have to sell more bitcoins because their profits were cut in half because of the halving. At the same time buying is not as strong lately.

The price has been on a marginal downward trend recently. Whether this accelerates or not, only time will tell. If the price drops a bit further, buying interest may pick up again.

Today's price is similar to 40 days ago. So there is no downward trend at the moment. It is just consolidating.

After the dust of the Ethereum hard forking is settled, it is the turn for the bitcoin to rise a lot in the short term.

The investor/traders are turning to the Ethereum at the moment. When that become boring, they will come back to bitcoin.
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August 01, 2016, 11:16:28 AM
 #79

I use this drop as a time to buy a little more bitcoin. It will have ups and down and as long as the drop is not a huge one, then I don't see it as a concern at all.

 
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August 01, 2016, 11:42:20 AM
 #80

I use this drop as a time to buy a little more bitcoin. It will have ups and down and as long as the drop is not a huge one, then I don't see it as a concern at all.
the same for me, i think right now is a perfect time to buy as much bitcoins as possible in order to benefit a lot in the future because the price is soon going to grow a lot
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