Do you still trust this rally?

Quote from: korila on June 07, 2016, 02:02:29 AM

haha BTC sky rocketing!!

It's going to da moon,

Lucky you have such realistic expectations. And that you didn't invest in ETH, because you'd be totally losing it now

Quote from: BitcoinAshley on June 07, 2016, 02:34:04 AM

Teasing $590 again and you really think the rally is losing its steam? Lol, just be patient. Cool

Go long & HODL strong and you will learn the ways of teh bitcoin...

Yeah if many people will still hoard more and i really say they will really do it cause halving is coming, because hoarding bitcoin can make bitcoin price go higher and higher more and truly i believe that bitcoin will sky up high for more this time and rally is not done since bitcoin halving is far enough to be happen and expectation about it is more higher and positive to people and stakers thats why i can say the rally will continue for more days.

Historically speaking, when BTC starts to really get going again, the moves last far longer than ~2 weeks. Prior large moves have hit their highest points after no fewer than 4 consecutive green weekly candles. The magnitude of this current move is certainly quite large, but the reality is we're only 2 and a bit weeks into the rally, and I'd expect at least one more consecutive green weekly close before any type of pullback (i.e this week), however the heights it reaches is hard to predict. I'd put money on it breaking $600, however.

Add onto all that the imminent halving expecting sometime early July, and you have the potential for this to run for another month or so, before some type of dramatic pullback.

We're touching $590 for like the fifth time, hoping we can get past this once more.

The halving's still about 30 days away, I wouldn't count on it going straight up until about 7-14 days from it. I do find a price drop before this highly probable, however.

Quote from: Cryptology on June 06, 2016, 06:17:07 PM

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

it is good to know that bitcoin is not an obsolete steam engine Cheesy

but no kidding, the rise has been slow and stable so far, you can call it running out of steam or you can call it slow rise, it doesn't matter, the important matter is that the price has been rising back from last year and it is stable which is good.

yes like i trusted 4xx range, because 2xx range was there for months, and 4xx the same thing

so now this is not just a pump and dump to return to 4xx or even worse to 2xx, this will go certainly higher, selling presuming that it will be dumped it's stupid beyond repair

Quote from: pooya87 on June 07, 2016, 06:15:52 AM

Quote from: Cryptology on June 06, 2016, 06:17:07 PM

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

it is good to know that bitcoin is not an obsolete steam engine Cheesy

The reason why bitcoin is rising today is because many people intended to buy and hoard their btc and thats good because if no selling will be happen the more price will go up and i think this rise will last only on july if the halving is finish because many people will start to sell and it is part of their plan same as i, surely massive dump will be happen and hope to see bitcoin stables at 500$ price, so trust bitcoins rally for now its not done yet we have more time Left before halving

The rally might have a hard time breaking $600 but there's no way we go back to $400 even whales dumps their coins. Not unless we have another big bad news coupled with whales dumping to take profits, then I believe btc price will hold at around $540 to $610

Another failed attempted and a mini flash crash at coinbase... Doesn't look we will break $600 before a correction is completed.

I think this is the start of the big rally. But there will not be big pump and dump. The price will rise slowly to $1200.

Quote from: Decoded on June 07, 2016, 05:45:09 AM

too much resistance for now, I think it needs to go down a little bit ($10-$20 or so, nothing big) to test the support and gear up for the next rally, but it seems china fears the 4000 CNY even more than i thought.

maybe we need to take china by the hand and drag them through the 4000 CNY territory.

Yes ,the rally will resume on the first week of julythats the month of halving.
When that month comes bitcoin will be rallying day by day umtil it reaches 1000$ .

Quote from: Cryptology on June 06, 2016, 06:17:07 PM

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

There have been several post before also which is similar to this speculation that price will go back to where it was before pump in november of last year however price didn't dumped back and pumped again recently and it is building floor near 600$ so i don't think price will go back again to 400$.

Out of steam? we have been going up every since more than a year ago after the last 150something bottom, bitcoin has only gone upwards since them and we are still going strong so calm down and enjoy the rise.

i have been seeing this exact topic for over a year although it has been created a couple of days ago the only difference between this and previous ones is the price in the first post or title.

just change "break $600" to 500,400 and so on and change the drop "down to 400" to 200 and the rest is history!

I have trust, it's going up and it look like it will not stop soon. Its question how high it can go, and will we stay so high or it will fall down.

To many questions, and even more answer's and different predictions. I guess we will wait and see, some will earn more some less, that is individual.

We trust, because halving. Halving is kind of like the climax of this rally. Hold and see how much a coin will fetch after that.
You got to admit, of all the crypto coins, Bitcoin is the first and the most dicipline one.

Quote from: mkc on June 10, 2016, 05:50:41 PM

Same as i, I really trust this rally knowing halving is coming and really it is the main reason why the price keep rising and halving gets excellent result for peoples minds today because they intended to hold for now and waiting for this july thats wjy theirs no really doubt that price would pump up for more than what we expected, and surely this rally will surprise us for more days and let see when it stop.

Pumpkin's college fund is ALL IN gents. This gon be good.

May our monuments, erected in the name of the Halvening... bring us good fortune, and salvation from these debtor's chains.

Quote from: Cryptology on June 06, 2016, 06:17:07 PM

It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?

you sound just like kuakduckfuck, this rise like it or not has stuck around for long enough time with a good support so far. and even if there were a chance of going down it would have happened in the early days and would have gone back to 490 at best and then sprung back up to 600 but that will never happen.