1 BTC now equals $630!!!

[patronis]

LMAO, I went dyslexic for a moment and read $360. Was about to cry. Till I read it again.
Thanks for the scare buddy.

[Ethey]

i really dont think this is much.

If you are really in the Mining Buisness you know what i mean

[densuj]

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.

[philiveyjr]

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.

[OmegaStarScream]

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.

[Mvaporis1961]

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

[mki8]

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

[Quantus]

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!"

[starmman]

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 =)

[Nimbulan]

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

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

[patronis]

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

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?

[X-ray]

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

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.

[Daniel91]

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

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.

[rababo]

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.

[foxkyu]

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.

[Minecache]

Hodl tight on to those bags.

[biggbox]

The next price point is 660?

[Decoded]

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 )

[QuestionAuthority]

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.

[Woshib]

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

It's really great for the Bitcoin.
Let's just hope that the value of Bitcoin will not drop after Halving.