Wendigo
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Activity: 2604
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June 13, 2016, 02:06:43 PM |
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Why is everyone freaking out with the price?
Because the halving hasn't even started yet and everyone has been wondering what is causing this price surge so unexpectedly. But I am worried what will happen if the Chinese start selling back after the halving. If we have a pump upon the moment of the halving and the Chinese feel like selling the Bitcoin bubble will burst prematurely and we will be back to where we started which no one would like with the halved block reward. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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iv4n
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Activity: 3136
Merit: 1172
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June 13, 2016, 02:10:46 PM |
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what!?!? Started pump&dump or started natural growth??
I think its natural, halving is close and many people trade with coins now. We can expect to grow a bit more for sure, question is how much? My opinion is simple, we will hit some big number, like over 1000 $ and then it will fall back. Where it fall back it will be natural grow and if then price be above 650 $ then all this was natural, for me that is logical. But I`m not an expert, I just like to fallow prices and to think what can we see next. My gambling mind always try to predict something, and to calculate odds. Lets hope we will stay somewhere high after all this crazy ride. |
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pearl11
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June 13, 2016, 02:24:15 PM |
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Few minutes ago I checked its $700 now. Keep us updated.
706$ at this moment,as if no one cant syop bitcoin from rising. It will be a bullish for the whole month of june..come on 900 ,,here we come.!! |
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expert4knowledge
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June 13, 2016, 03:08:41 PM |
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Current jump of price is because of halving but I am not sure until what time it continues to increasing but it is possible that it increases till halving.
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pearl11
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June 13, 2016, 03:14:29 PM |
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Current jump of price is because of halving but I am not sure until what time it continues to increasing but it is possible that it increases till halving.
So we might see bitcoin increasing its price everyday before the halving? Cant wait to see the price at 900$ before halving. |
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Betwrong
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I stand with Ukraine.
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June 13, 2016, 03:18:39 PM |
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Few minutes ago I checked its $700 now. Keep us updated.
706$ at this moment,as if no one cant syop bitcoin from rising. It will be a bullish for the whole month of june..come on 900 ,,here we come.!! Yeah, when I saw it today I couldn't believe my own eyes. 706$ is something that definitely didn't expect could happen so soon. I predicted in November that Bitcoin will be around $500 in the Summer 2016, but this ... Wow! ) |
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hawkins
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June 13, 2016, 03:33:21 PM |
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I guess halving really happened, because there are no other reasons why bitcoin prices could rise rapidly as it was. I think a good luck to those who patiently store their bitcoin, because the current price is already very high bitocin
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Snorek
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Activity: 1400
Merit: 1001
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June 13, 2016, 03:49:58 PM |
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I guess halving really happened, because there are no other reasons why bitcoin prices could rise rapidly as it was. I think a good luck to those who patiently store their bitcoin, because the current price is already very high bitocin
Halving is still approaching, there are more than 26 days till it hit us. Stop spreading false information. There are many reasons beside halving why BTC price is skyrocketing now, just learn to look for the clues. Major factor is of course Chinese speculators and depositors trying to invest in BTC. But we have some US based reasons behind recent +$650 bitcoin pump (pessimistic job report, downbeat FOMC statements) - that is why BTC price is so high. |
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pocarime32
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June 13, 2016, 04:04:15 PM |
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The price of bitcoin is $687,00 now. It's really significant grow since the last 2 days though. Halving incoming but the price of bitcoin already increase so high.
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greBit
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June 13, 2016, 10:13:55 PM |
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The price of bitcoin is $687,00 now. It's really significant grow since the last 2 days though. Halving incoming but the price of bitcoin already increase so high.
Yeah and price already crossed $700 now so we can expect much higher price at the time of halving, and my speculation says that price will be around $1k at halving. |
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Mvaporis1961
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June 14, 2016, 04:37:10 AM |
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The price of bitcoin is $687,00 now. It's really significant grow since the last 2 days though. Halving incoming but the price of bitcoin already increase so high.
Yeah and price already crossed $700 now so we can expect much higher price at the time of halving, and my speculation says that price will be around $1k at halving. Yes that is possible because of the chinese investors who are in panic selling but we also need to make sure to sell our coins first before the chinese sell their coins because if they will sell their coins first and it will result to the price to fall. |
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Enotche
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June 14, 2016, 06:33:51 AM |
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And how do Halving refers to the current price spike? If Halving gives HYIP and excitement, then a minor. Remember what happened to the price of 2-3 weeks ago.
The current growth is required to Chinese investors and to weaken the yuan. It is necessary to follow the news of the Chinese economy to predict the price of Bitcoin.
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Altcoinsupporter
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June 14, 2016, 07:44:05 AM |
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Why is everyone freaking out with the price?
Because the halving hasn't even started yet and everyone has been wondering what is causing this price surge so unexpectedly. But I am worried what will happen if the Chinese start selling back after the halving. If we have a pump upon the moment of the halving and the Chinese feel like selling the Bitcoin bubble will burst prematurely and we will be back to where we started which no one would like with the halved block reward. The price of Bitcoin is now rising and that is really nice because there are many people that was waiting for it and that should be perfect for the people with already Bitcoin. The only thing that they have to do is just wait for the right moment to sell it and that is important. |
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Ziskinberg
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June 14, 2016, 07:52:15 AM |
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This is just a natural growth back by the real demand of a certain people in the world, and actually this will continue to rise until they are satisfied with their needs, if you have read the news it was the Chinese people who are making the bitcoins price go to the moon.
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hermanhs09
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June 14, 2016, 10:06:27 AM |
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what!?!? Started pump&dump or started natural growth??
Well, it is both pump and natural growth, since obviously before a halving there will be a little media hype about it and people will start to buy in. However, whether there will be a dump will be another story. It'll be interesting to see what this turns out to be. |
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hotcoin010309 (OP)
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Activity: 123
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June 14, 2016, 10:26:43 AM |
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what!?!? Started pump&dump or started natural growth??
Well, it is both pump and natural growth, since obviously before a halving there will be a little media hype about it and people will start to buy in. However, whether there will be a dump will be another story. It'll be interesting to see what this turns out to be. Exact! It will be interesting to see if it keeps the price due to halving or if it will be yet another pump dump |
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hotcoin010309 (OP)
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June 14, 2016, 10:27:25 AM |
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To those who criticize my post, I note that other similar posts were written when there, but now missing so little at the halving, other post some user wrote only when price rise...
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Ayers
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Merit: 1023
Seabet.io | Crypto-Casino
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June 14, 2016, 10:33:49 AM |
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what!?!? Started pump&dump or started natural growth??
Well, it is both pump and natural growth, since obviously before a halving there will be a little media hype about it and people will start to buy in. However, whether there will be a dump will be another story. It'll be interesting to see what this turns out to be. Exact! It will be interesting to see if it keeps the price due to halving or if it will be yet another pump dump before the halving it was not a pump and dump and it went to $450 right? so this is again same stuff, i think this is not a fake pump it will remain there or increase much more |
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BitHodler
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Activity: 1526
Merit: 1179
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June 14, 2016, 11:38:25 AM |
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The price of bitcoin is $687,00 now. It's really significant grow since the last 2 days though. Halving incoming but the price of bitcoin already increase so high.
Yeah and price already crossed $700 now so we can expect much higher price at the time of halving, and my speculation says that price will be around $1k at halving. I think as soon as we reach $900 that the selling pressure will burn through the buy support preventing it from touching $1000 before the block halving. |
BSV is not the real Bcash. Bcash is the real Bcash.
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MWesterweele
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June 14, 2016, 12:31:16 PM |
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Im not shocked bro bitcoins reaching $620 mark.Because im expecting it on this halving that it will slowly rise up and then dump then rise.Just like what happened last halving 2012 even tho im not using bitcoins that time.
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