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Question: what do you think?
$600 before halving
a lot more than $600 before halving
price will be stable at $530-$570 until halving

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Author Topic: is this the begining of the rally?  (Read 1759 times)
Herbert2020 (OP)
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June 04, 2016, 06:02:09 AM
 #1

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 04, 2016, 12:14:17 PM
 #2

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too. Smiley
This is a new rally. The tough part is figuring out when to sell.  Smiley

Sniper44
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June 04, 2016, 12:38:25 PM
 #3

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too. Smiley
This is a new rally. The tough part is figuring out when to sell.  Smiley


it is not hard if you area a long term holder and believing in the future of bitcoin. when the mass adoption happens all these prices are nothing and you can see the real profit then.

to the moon with bitcoin...
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June 04, 2016, 01:05:38 PM
 #4

there are still a lot of resistances to pass.
call it a rally once it breaks 1150!

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June 04, 2016, 01:05:43 PM
 #5

600 seems about right
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June 04, 2016, 01:08:00 PM
 #6

the price will be double of the current price Roll Eyes
i vote for $1300 for each bitcoin, halving reduce reward for miner and miner will pump the market for back up his lose Roll Eyes

INVALID BBCODE: close of unopened tag in table (1)
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June 04, 2016, 01:13:12 PM
 #7

Price will double before the halvening. Which is fucking obvious if you didn't live under a stone during last halvenings and LTC halvening.
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June 04, 2016, 01:27:31 PM
 #8

To me it doesn't matter that much if we break the 600 before halving or stay were we are for a while.Sooner or later the 600 will come and will get passed.
Most important is that we grow healthy and continuously.Crazy bull runs with some bigger, ugly corrections will be part of it for several years.
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June 04, 2016, 01:31:01 PM
 #9

Currently we are sitting on $574 which is half of all-time-high bitcoin price. But it is too early to say if this is new stable price (I feel like BTC has no stable price)
or just another pump and dump bubble like we used to see in the past. If you have doubts - the this is definitely a good time to sell some BTC.
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June 04, 2016, 01:47:29 PM
 #10

the rally has started some weeks ago when the price started to sky rocket. it doesn't mean that the price goes up every day. there need to be some breaks every now and then to give the market some rest.
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June 04, 2016, 02:28:21 PM
 #11

the price will be double of the current price Roll Eyes
i vote for $1300 for each bitcoin, halving reduce reward for miner and miner will pump the market for back up his lose Roll Eyes

we're talking about the price BEFORE the halving.

after the halving it's a different story.
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June 05, 2016, 03:37:39 AM
 #12

the rally has started some weeks ago when the price started to sky rocket. it doesn't mean that the price goes up every day. there need to be some breaks every now and then to give the market some rest.

i don't see any rally in the "some weeks ago" time! there is only small rises and no "sky rocket" for sure. the price has been rising $5-$10 at a time and it took a long time to go from $450 to above $500 and i wouldn't yet call $570 sky rocket because it is still too low.

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d5000
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June 05, 2016, 04:55:20 AM
 #13


i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

Yes, I think we are in a rally, but we are already in an advanced phase (but still not near the top). I don't think this actual rally has something to do with the supply and demand after the halving. It's simply HYPE.

For a hype to form, there can be any excuse: the halving is a very good one. Another factor is that we're leaving the depression which brought us the overheated XT/Classic/Core discussion.

That's why I think that the top of this rally will be short after the halving event. Then we'll have some bearish months, but I expect to retake positive sentiment before the end of the year.

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RenegadeMind
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June 05, 2016, 06:33:15 AM
 #14

Beginning of the rally.

Shitty economic news will continue to bolster Bitcoin, and there's only good news coming in the technical side. The halvening will force prices up without any hype. Profit taking will keep prices from skyrocketing, but we're going to have a fun ride. Smiley

Herbert2020 (OP)
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June 05, 2016, 06:55:01 AM
 #15

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

A lot of us do that. I check the price of Bitcoin as soon as I wake up too. Smiley
This is a new rally. The tough part is figuring out when to sell.  Smiley


it is always a tough thing to do, especially if you are a greedy person. but you should set a profit amount in your mind and when you reach that number then sell it and don't regret anything.

there are still a lot of resistances to pass.
call it a rally once it breaks 1150!

i didn't call it anything i aksed if it is the beginning of the rally Grin


i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

Yes, I think we are in a rally, but we are already in an advanced phase (but still not near the top). I don't think this actual rally has something to do with the supply and demand after the halving. It's simply HYPE.

For a hype to form, there can be any excuse: the halving is a very good one. Another factor is that we're leaving the depression which brought us the overheated XT/Classic/Core discussion.

That's why I think that the top of this rally will be short after the halving event. Then we'll have some bearish months, but I expect to retake positive sentiment before the end of the year.

while i agree that a big part of rise is hype but you can't deny the massive reduction in creation of new supply

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 05, 2016, 07:11:56 AM
 #16

Voted for $600 before halving but i hope a lot more than $600 before halving Cheesy
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June 05, 2016, 07:22:07 AM
 #17

This shouldn't surprise anyone, we knew this was coming. I'm glad the fudders have been put to rest.
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June 05, 2016, 07:23:28 AM
 #18

i am getting into the habit of checking the price the first thing in the morning and seeing $570 this morning made me think about this question.
is this the start of the bitcoin rally?

i personally think the price will stay here until halving and maybe with small rise and falls but the real rise (to $1000 and more) will come after the halving with one month difference. that is more logical based on the supply and demand alone.

what do you think?

Definitely the beginning of a very long term rally I think, it'll last for years or even decades Cheesy

Certainly the halving hype is giving bitcoin the push that it needed to get above $570 again. The $600 wall is tumbling right in front of us. And there is literally no sign of stopping, with halving still a month or so away.
Herbert2020 (OP)
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June 05, 2016, 07:28:24 AM
 #19

This shouldn't surprise anyone, we knew this was coming. I'm glad the fudders have been put to rest.

there is no rest for the wicked!

you see no FUD because it is a different time, they come out and spread their lies when there is a stable price going on and it is time for testing the bottom resistance.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 05, 2016, 07:37:31 AM
 #20

It is not easy to timing the market. We're in the long term uptrend channel, and we'll see the 4 digit very soon (less than 6 months or so), but it doesn't mean there will be no downside pressure, it will and it means healthy market. Almost all parabolic rises in short time frame results in crash. So BTC looks very healthy on all time frame charts. Most important of course long term charts, and it tells us we'll see a big breakout on upside within 6 monts after halving done.

Looking to buy a verified betfair account with escrow.
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