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Kprawn
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June 04, 2016, 02:57:07 PM
 #21

We have to give credit, where credit is due... Bitcoin has been the best performing currency for a number of years now, and people are starting to sit up and to take notice about that. We will get much

more day traders looking at Bitcoin and speculating on it's rapid price movement. Only a year ago, the price was hanging around $200+ and now we are averaging $500+ ....not bad, if you bought in

at $200 back then.  Grin ..... I think the threshold where people will start selling again, will be $600.... and that will push the price down quickly.  Huh Roll Eyes Huh

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June 04, 2016, 05:27:49 PM
 #22

On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!
Yobit doesn't have big volume in bitcoin trading so you can't take yobit market as refrence to predict the market intention but yes bitcoin is being bought madly.

 
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June 04, 2016, 05:44:13 PM
 #23

I guess the effects of price increases on bitcoin happens quickly made everyone panic, and buy bitcoin in large numbers, and it makes bitcoin prices to rise dengancepat too. This may be slightly profitable, and if it happens maybe halving bitcoin prices will be higher, and they could sell their current bitcoin

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June 04, 2016, 05:47:20 PM
 #24

Everyone was buying beforehand, now there is a slight trickle away from the initial value increase and it is slowly decreasing across the exchanges.

We'll see another buy wave soon (hopefully), but right now the market is looking for a new floor to stop at. We have to make sure this isn't a bubble.
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June 04, 2016, 05:49:26 PM
 #25

On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!
Yobit doesn't have big volume in bitcoin trading so you can't take yobit market as refrence to predict the market intention but yes bitcoin is being bought madly.
Honestly i don't want to trade bitcoin in yobit usd to btc and btc to trading its a bit different in other trading site..
In yobit price in buy wall is high than the other trading site.. but the advantage in yobit many altcoin their has fast movement that you can make profit fast.. dpeneds in the altcoin..
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June 04, 2016, 06:03:38 PM
 #26

Everyone was buying beforehand, now there is a slight trickle away from the initial value increase and it is slowly decreasing across the exchanges.

We'll see another buy wave soon (hopefully), but right now the market is looking for a new floor to stop at. We have to make sure this isn't a bubble.

Yes it seems the run has stopped for now.
Could be an opportunity for a bit more of accumulation.
Let's see if we drop a bit further.$550 still possible imo.
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June 04, 2016, 06:22:10 PM
 #27

Everyone was buying beforehand, now there is a slight trickle away from the initial value increase and it is slowly decreasing across the exchanges.

We'll see another buy wave soon (hopefully), but right now the market is looking for a new floor to stop at. We have to make sure this isn't a bubble.

Yes it seems the run has stopped for now.
Could be an opportunity for a bit more of accumulation.
Let's see if we drop a bit further.$550 still possible imo.
Well its still possible to happen bitcoin is unpredictalbe we dont know whats the movement of the price.
If you notice that its reducing i think because some people are satisfied what the price come.. so they are selling their bitcoin already made a profit but they are afraid if the price will increase again.. or this is one of the trader strategy they are selling some bitcoin because its already made a profit also they know that the price will reduce even a little bit down.. after that they buy again and convert back to bitcoin we will see the price again will increase..

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June 04, 2016, 06:27:59 PM
 #28

I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.
What if this current BTC price is new stable price and it is only beginning to rise in anticipation of halving?
Imagine that you buy it now for $570 and in a week price will reach $800 or more... there is even a possibility that bitcoin will reach new ATH soon.
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June 04, 2016, 06:48:30 PM
 #29

On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

yes everyone buys bitcoins now including me when i have some spare money, and reason is simple, they buy bitcoins now because they want to sell them for more after halving

and after halving price will probably rise to 1000$ or more, because price now is 600$ already so 400$ price rise will be really easy, and if people won't stop buying bitcoins price will be even larger

 
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June 04, 2016, 06:50:58 PM
 #30

Buying now is such a big contribution on price marking up.more investors the more it will rise .
I'm also buying and holding bitcoins for the mean time .as much as possible i don't spend if its not emergency .

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June 04, 2016, 07:02:51 PM
 #31

I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.

risky, the price might not come down at all, you might miss out.
And that's why I never pass up a lotto stand without buying a ticket Roll Eyes
Bitcoin is not the only asset; plenty of fish in the sea.

maybe by next month the price will be $5000 and you'll be 10 times worse off.
No. He'd be exactly where he is now. Random_person being x10 "better off" doesn't make you x10 "worse off."

Everyone is talking about missing trains/boats/rockets. Fun Fact: There's more than one train/boat/rocket, most going to far better places than the dead gray ball of dust/rocks called Moon.

it is the best performing asset, and has been for every year since its inception except for 2014.

and this is just the start.
Lol no.
ETH price went up more than TENFOLD, 1,000% (one thousand percent Shocked) this year alone, and has been going up for every year since its inception except for 2014 no fricking excuses or exceptions.

Don't mean to drop so much reality on you all at once, but somebody's gotta do it Cheesy
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June 04, 2016, 07:05:43 PM
 #32

I am getting a bunch of new customers through localbitcoins, more so than in any period in the last 2 years.  There is definitely more and more people learning about it and wanting in.

I recently bought through localbitcoins for the first time and it happened pretty quickly.
If new people are flooding in, then it will be an exciting year.  Smiley

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June 04, 2016, 08:49:17 PM
 #33

I am getting a bunch of new customers through localbitcoins, more so than in any period in the last 2 years.  There is definitely more and more people learning about it and wanting in.

I recently bought through localbitcoins for the first time and it happened pretty quickly.
If new people are flooding in, then it will be an exciting year.  Smiley

That's the way it is happening.
People can buy bitcons buy bank but also by cash. Something which is not possible with paypal. And it shows me that if there is a big community everybody can contribute and this will help bitcoin innovating.
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June 04, 2016, 09:46:59 PM
 #34

On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

I have spend lots of time trading there and what i saw there are that people buy small amount there (depends on which coins) but on the midnight there are lots of pumps and dumps. You can see LSK has 400BTC+ volume trade within 24 hours.
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June 04, 2016, 09:54:50 PM
 #35

I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.
What if this current BTC price is new stable price and it is only beginning to rise in anticipation of halving?
Imagine that you buy it now for $570 and in a week price will reach $800 or more... there is even a possibility that bitcoin will reach new ATH soon.

I prefer to focus on reaching $600 first, and then $700, and then $800, etc etc. I don't look or think at prices of +$1000 or a new ATH while we are not even close to such prices.
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June 05, 2016, 04:29:07 AM
 #36

I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.
What if this current BTC price is new stable price and it is only beginning to rise in anticipation of halving?
Imagine that you buy it now for $570 and in a week price will reach $800 or more... there is even a possibility that bitcoin will reach new ATH soon.

I prefer to focus on reaching $600 first, and then $700, and then $800, etc etc. I don't look or think at prices of +$1000 or a new ATH while we are not even close to such prices.

Yes, It is better small increments but that can be maintained rather than sudden changes in the price.
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June 06, 2016, 04:23:05 PM
 #37

People are buying indeed and that is because they can see now that the value of Bitcoin started to rich which that would be perfect for the people with already Bitcoin.
The most people are also hoping that the value will be much higher soon because it was stable for a long time already.
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June 06, 2016, 05:33:16 PM
 #38

People are buying indeed and that is because they can see now that the value of Bitcoin started to rich which that would be perfect for the people with already Bitcoin.
The most people are also hoping that the value will be much higher soon because it was stable for a long time already.
the effect of this price increase to make everyone buy bitcoin, the hope that prices still rose to a high bitcoin. but some people may buy bitcoin only for trade or the other. but this is a very good thing

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..PLAY NOW..
Miladran
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June 06, 2016, 05:49:36 PM
 #39

people buy always in is too late, buying at 230 was the correct decision
When the price hits $1000 you will say buyin @ 580 was the correct decision  Wink
Piltover
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June 07, 2016, 07:08:02 AM
 #40

People are buying now because they know that it will be now possible to earn some profit in the future and that is because they see now that the value is starting to rise.
And that is also nice for the people who is already waiting for a higher value so that is really nice.
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