patronis
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June 12, 2016, 08:23:26 AM |
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LMAO, I went dyslexic for a moment and read $360. Was about to cry. Till I read it again. Thanks for the scare buddy.
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Ethey
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June 12, 2016, 08:23:38 AM |
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i really dont think this is much. If you are really in the Mining Buisness you know what i mean ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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densuj
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June 12, 2016, 08:24:23 AM |
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And price of bitcoin will going up more than $630, it will find new area of resistance. Last price on area support was $576. But it is just my opinion prediction of price use tecnical analysis.
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philiveyjr
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June 12, 2016, 08:26:12 AM |
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Things are really getting crazy now. Has halving already happened or yet to happen ? I just hope no one dumps their stash now, and hopefully we will be able to reach 1300 again.
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OmegaStarScream
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June 12, 2016, 08:28:15 AM |
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I just checked preev.com to found this... I thought there is some kind of a bug or something since it happens sometimes.
It's probably time to start withdrawing your BTC from exchanges and websites like cloud mining platforms and like Coince.com ... Some of them will become greedy and won't have any issue scamming people.
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Mvaporis1961
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June 12, 2016, 08:31:01 AM |
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I think this is one of the good sign that after halving the price of the bitcoin can skyrocket up to 1000$. I'm so excited now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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mki8
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June 12, 2016, 08:32:23 AM Last edit: June 12, 2016, 09:31:17 AM by mki8 |
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right now is not too late to buy
and many here just mis the point, and have not done any research the price is not going to magically jump on the halving date the 6 months following the halving is what you need look at
If you look at the previous halving in terms of increase by percentage, we are not far off following a similar pattern.
The last halving (28/Nov/12) The price had 140% increase from the price 6 months prior to the halving and then had 900% increase 6 months post halving (after bubble) May 2012 = $5 November 2012 = $12.50 (April 2012 bubble reached $230) May 2012 = $125
July 2012 it did drop to $80 but then it did climb past $1000 in the following months before the price come down to $200 which was mainly due to mining farms popping up (and GPU mining becoming obsolete) and oversupplying the market.
Right now, the price is $630 and we have a month to go until the next halving on July 10th (roughly) the price on January 15th This year was $358 (price was up and down around this time, but this day would probably give best value for this purpose) so if the price was to increase by 140% it would come to $859 now looking at price very recently it does seem possible bitcoin could reach $859 by July 10th
So if bitcoin does follow the same patter as previous halving and does reach $859 by july 10th Then we could also see it follow the same pattern for the 6 months following the halving which would be a 900% increase on $859
which would give us $8592 by january 2017
even if the increase post halving is only half of previous halving, it would still be over $4000 but price now has already passed 70% increase (about 76% ATOW) on price 6 months prior to this halving
One thing to note though from previous halving is that there was a bubble within the 6 months post halving which was nearly double but then also 9 months after the halving to price had dropped to just 400% increase
so if following same pattern a bubble would take BTC to about $16000, before the bubble bursts which may then take the price down to $4000 before it would start to climb again
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Quantus
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June 12, 2016, 08:37:14 AM |
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Me 4 weeks ago to anyone who would listen: "This is a great time to invest in Bitcoin the halving is coming and etc..."
Everyone I come into contact with: "HAHAHA ButtCoin", "I work for a living I don't want to hear about your magic internet money", "who are you? I don't know you, Get out of my house!"
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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starmman
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June 12, 2016, 08:42:40 AM |
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Oh! really Thanks for informing us, I cannot believe that in a one day that much amount can be reached, I think in the next month it will rise to more height.
Lets see =) I've sold a little at 600, a little at 630 and holding a bit more back in case there is another rally. Some of my altcoins are holding up nicely with this increase too =)
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Nimbulan
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June 12, 2016, 08:45:54 AM |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) well price now is a little bit smaller than 630$, i think at this moment price is 570$, but it is still very good i think for us and for bitcoins, because more people will be interested in bitcoins and i think that this price rise is because of halving, as lots of people buys now, but i think it's still very awesome, as i don't care why price rises, i care that price is large
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patronis
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June 12, 2016, 08:48:41 AM |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) well price now is a little bit smaller than 630$, i think at this moment price is 570$, but it is still very good i think for us and for bitcoins, because more people will be interested in bitcoins and i think that this price rise is because of halving, as lots of people buys now, but i think it's still very awesome, as i don't care why price rises, i care that price is large Its not 570 anywhere. Where do you see that?
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X-ray
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June 12, 2016, 09:20:01 AM |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's excellent sounds; Bitcoin starts to show their power and future. Maybe with this situation, the bitcoin price will exceed $900 or more. bitcoin is a good investment.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Daniel91
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June 12, 2016, 09:25:22 AM |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That's excellent sounds; Bitcoin starts to show their power and future. Maybe with this situation, the bitcoin price will exceed $900 or more. bitcoin is a good investment. Right now it looks that Bitcoin is a very good investment but this trend can change also and price of bitcoin can go down again. It's like in the real market, and BTC price depends on supply and demand. It's not realistic that BTC price will go only up, but we have to see long term vision behind it and not to sell BTC in panic when trend change and price starts to go down again.
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rababo
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June 12, 2016, 09:47:48 AM |
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That's a great news! Bitcoin price is getting higher as the halving come closer. I'm sure it can go higher than now, it's just a matter of time.
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foxkyu
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June 12, 2016, 09:52:23 AM |
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I'm also shocked because suddenly the price goes up so fast. The sad is i already sell all my bitcoins 5 hours ago when the price not high like now,
I feel the same buddy. I sold my bitcoin before this morning pump. I wonder what happen. Everybody was shocked about this. And congrats for who's still hold bitcoin.
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Minecache
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June 12, 2016, 10:12:48 AM |
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Hodl tight on to those bags.
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biggbox
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June 12, 2016, 10:43:31 AM |
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The next price point is 660? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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Decoded
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give me your cryptos
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June 12, 2016, 10:55:53 AM |
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Me 4 weeks ago to anyone who would listen: "This is a great time to invest in Bitcoin the halving is coming and etc..."
Everyone I come into contact with: "HAHAHA ButtCoin", "I work for a living I don't want to hear about your magic internet money", "who are you? I don't know you, Get out of my house!"
My friend sold then btc hit $580. He was bragging and boasting. Heh. When I get back to school, i'm gonna brag and boast how btc's $690 (what im expecting on tuesday ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) )
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looking for a signature campaign, dm me for that
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QuestionAuthority
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June 12, 2016, 04:32:11 PM |
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To all those people that bought Bitcoin near $1,000 when MtGox overinflated the price to hide their crimes: stand ready, your time to sell off is near.
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Woshib
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June 12, 2016, 04:35:07 PM |
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I apologize in advance if someone else already started a similar thread, I did a quick search but couldn't any. To the mods out there please delete this thread if a similar one already exists. I just thought I'd inform people who are not necessarily following the price movement as this is a pretty sizable increase from ~$580 a few hours ago. Wonder how high we'll reach this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's really great for the Bitcoin. Let's just hope that the value of Bitcoin will not drop after Halving.
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