Bitcoin crossed 520$...

[bryant.coleman]

The current sudden increase in Price is more likely the Chinese interest in the bitcoins before the halving and the massive buying by them. Also the halving is about a month and a few days and this Chinese buying can seriously raise the price to a more high value. But its not gonna be sustainable and it can drop any moment. I dont know whats the motto behind it and whose gonna benefit a lot. for general bitcoins Users, see the price and make the decision of when to sell it and dont be greedy of not selling and waiting for more increase. It can decline also. So make your move according to your speculations.

The Chinese investors are unpredictable. Remember what happened in December 2013? They are prone to panic selling. The lack of support from the government is not going to hep either.

Hey bryant coleman,


After long back i am seeing you here man. I don't need to explain you about speculation part of bitcoin. Because you are very much aware of halving effect. So don't pass negative vibes here bro. Bitcoin pump will continuous and It will reach its destination as Satoshi expects!

There are two types of speculators. The bulls and the bears. I have my own reasons to post pessimistic posts about the future Bitcoin prices, and you have your own reasons for posting the optimistic ones. It is all part of the game.  

[hasiramasenju]

today i was saw various prices at many exchange and most of them has already passed $520
and i think the current situation will good for bitcoin users but there is no guarantee that the prices will still increase after halving date

[Dr.Osh]

I think this is just a beginning, I believe bitcoin prices will be higher than it is today, there will probably be some trigger, and the trigger most of our waiting is halving. if the price of bitcoin will reach $ 700 before halving, then I can conclude that the price at the time of halving occurs bitcoin is above $ 1k, and I hope it's true.

[tampazeus]

I think this is just a beginning, I believe bitcoin prices will be higher than it is today, there will probably be some trigger, and the trigger most of our waiting is halving. if the price of bitcoin will reach $ 700 before halving, then I can conclude that the price at the time of halving occurs bitcoin is above $ 1k, and I hope it's true.

Yeah if that is the price at the time of halving then no one can stop bitcoin to reach to the value of $1k in this year and now it seems to be achievable.

[AlgoSwan]

We all know that when supply is limited and demand is high, price explodes. This is what we are seeing right now in BTC

[Viyamore]

That was a very good thing to know ,but i am not yet ready i have not enough amount of bitcoins.but still if it up to $1000 it is good thing for us. It is the start of the bitcoins to explode the news.

[outatime1]

I think we could see a dip in price or correction soon.  It has jumped up very quickly in the last few days.  It seems a little too fast so I expect a pull back and then a more steady increase over time.

[LadangGalau]

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

From where do you get those informations please ? I'd be happy to know from where you get this wonderful information that the use was declining.

[umaOuma]

I think we could see a dip in price or correction soon.  It has jumped up very quickly in the last few days.  It seems a little too fast so I expect a pull back and then a more steady increase over time.

Even if it drops now it won't  be below $500 at this stage, and even if remains stable at that price then majority of us would be satisfied with that price.

[bryant.coleman]

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

From where do you get those informations please ? I'd be happy to know from where you get this wonderful information that the use was declining.

Many of the online retailers who were accepting Bitcoin earlier have removed it as a payment option. Websites such as Bitmit, which dealt in peer-to-peer trading using BTC have also closed down. The daily transaction volumes are much lower, when compared to the same in 2013 and 2014. Even the exchanges are reporting a decline in volumes.

[chaosknight]

I think we could see a dip in price or correction soon.  It has jumped up very quickly in the last few days.  It seems a little too fast so I expect a pull back and then a more steady increase over time.

Even if it drops now it won't  be below $500 at this stage, and even if remains stable at that price then majority of us would be satisfied with that price.

$500 price was dream of majority of us, but now it has reached so quick then no one is ready to believe and holding their coins for much higher price.

[LadangGalau]

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

From where do you get those informations please ? I'd be happy to know from where you get this wonderful information that the use was declining.

Many of the online retailers who were accepting Bitcoin earlier have removed it as a payment option. Websites such as Bitmit, which dealt in peer-to-peer trading using BTC have also closed down. The daily transaction volumes are much lower, when compared to the same in 2013 and 2014. Even the exchanges are reporting a decline in volumes.

On the other hand take the number of stores accepting Bitcoin throught BitPay, including the recent giant Valve.

[Tanic]

That is just awesome! I would recommend to those who have some nice ammount to sell it and in days when the price will fall again to buy it. You are going to have nice profit from that and repeat in future when bitcoin will start to grow again.

[iv4n]

I`m excited cause of this sudden rise, I can say even a bit surprised. I expected to go up, but not fast like this. Its just a bit crazy I think, halving is so close and this is like some intro.

I knew that everything is possible with btc, but after things like this I have a feeling like it can really go to the moon. I know its like imagination and maybe too much optimistic but its just like that, excitement. How else to explain it.

Some people talking about collapse, well it is possible to happen of course. But I doubt in it.Daily transaction volumes are much lower cause everyone is holding bitcoins for halving. Who is crazy now to buy something with it or to sell it. Its logical. That means real explosion we will see in months after halving and if you see how crazy is now, what we can expect for couple months?

[terman45x]

That is just awesome! I would recommend to those who have some nice ammount to sell it and in days when the price will fall again to buy it. You are going to have nice profit from that and repeat in future when bitcoin will start to grow again.

We cannot expect major price drop at this stage as price is going up now and we will see the same in coming months too, so hold your coins for halving.

[BitcoinPaw]

Really, price is rising extreamly fast, we can reach 1000$ price after halving, people doing right if price going so high. I really want earn some coins till halving comes.

[mrhelpful]

Keep dreaming. Bitcoin is going to collapse before the halving, and the price will go below $200 per coin, before stabilizing at $230-240 levels. The recent spike is entirely due to speculation about the halving. The adoption and usage of BTC is declining in the mean time. This bubble is not going to be sustainable. The only question is when it is going to burst.

Hey bryant coleman,


After long back i am seeing you here man. I don't need to explain you about speculation part of bitcoin. Because you are very much aware of halving effect. So don't pass negative vibes here bro. Bitcoin pump will continuous and It will reach its destination as Satoshi expects!

Hes just sharing his experience basically lol.

But in my experience I can see it a different way, although some of his points can be valid "being a bubble".

My case though the way I see why its a reinforced bubble but a legit investment is there is nothing else to go to beside the blockchain technology which he cant deny as well. We need this in order to protect our money regardless.

It may not be used in the form of a merchant approach mainly, but more of a savings mechanism in my view or just kept focus as a money transmitter alone only value.

[Pitchblackroom]

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash. Right now, I am just holding what I have.

[actmyname]

This seems like another bubble, probably not going to be sustained because this growth is very fast. With all of the hype, there could be some decent money to be made shorting Bitcoin. Probably should buy back in after the inevitable crash. Right now, I am just holding what I have.

It seems too risky for me to dump right now. Even though I highly suspect that this is a bubble, I still don't want to risk the chance of missing out on even higher profits. Such is the problem with emotions and commitment.

[richardsNY]

Yes, it's fantastic that the price has increased incredibly in a matter of days, but I can't really see the price reach $1000 at the time the block halving takes place. It's simply too much to ask for.