626 $ what!?!? Halving incoming..

[avikz]

That is a very very normal thing for a currency like bitcoin and I am not worried at all.

The recent price increase happened due to the chinese intervention. They wanted to send money outside country due to the falling price of yuan and instead of using regulated way of sending money, they chose bitcoin. Due to high buying orders, the price went up.

Now they are selling their bitcoins and the price has gone down. These are quite natural for any exchange traded currency. You should hold your bitcoin for price increase but you should think about long term. Shorter terms will not give you any good profit.

[lexuz]

for now i think it will jump ., mostly/top before the halving.

I guess halving had stopped, but without halving the current price of bitcoin will continue to rise, although I suspect this will rise very slowly like in a stable price yesterday

Halving will happen in 14 days and i think that price will keep rising but not so fast, we will get $700 before halving i think, but maybe i am not righit.

yeah 14 days away and bitcoin price still doesn't move, I become pessimistic that halving is very useful for bitcoin.

[expert4knowledge]

Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.

But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.

We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.

I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?

[mirakal]

Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.

But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.

We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.

I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?

I hope so, with the halving that is happening this year, it should give us a good benefits because for sure the price will increase. This year is a good year as a lot of good news are happening this year, we just nee to trust that we can reach $1,000 and to effect that into our self, investment is necessary.

[Mvaporis1961]

Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.

But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.

We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.

I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?

If that would happen that all users will sell their coins i think it result for a very huge price drop for bitcoin and i think it will back or below $400 again but for traders it's good because they buy bitcoin again for a very low price and they will just wait and hold it again for more months or years and then they will sell it for a higher price and make a lot of money.

[Enotche]

If that would happen that all users will sell their coins i think it result for a very huge price drop for bitcoin and i think it will back or below $400 again but for traders it's good because they buy bitcoin again for a very low price and they will just wait and hold it again for more months or years and then they will sell it for a higher price and make a lot of money.

Absolutely right!
The course goes up and people who yesterday were fixed at the rate of approximately $ 500 today bite elbows and forced open positions for $ 600. Bitcoin thing is very scarce, and the dollar has twice printed!
The course is gradually increasing. People are looking for an alternative to cash. Suffice it to recall recent events with Chinese investors, which raised the rate to $ 750.

But. Just look at the amount of bitcoins participating in the auction, from the general mass the coins already produced is a drop in sea. Where is the other coins? At least not on the stock exchanges, and probably perform other not speculative role. Many choose bitcoin as a main asset for the storage of Finance. That most of the coins simply stored.

[Schuyler]

I think what we are seeing right now is the calm before the storm. The price has been on the $640 to $650 range the last few days. Halving is just a few days away and most everyone is just observing how the price moves in the days leading up to the said event. Some would say that this is still a good price to buy some, but I am still hoping for one last price drop below $600, preferably $550 before adding more.

[Bitcoinbro]

I think what we are seeing right now is the calm before the storm. The price has been on the $640 to $650 range the last few days. Halving is just a few days away and most everyone is just observing how the price moves in the days leading up to the said event. Some would say that this is still a good price to buy some, but I am still hoping for one last price drop below $600, preferably $550 before adding more.

The storm has already happened I think. What we have seen is a correction and a new future stable price for bitcoin. We may see it increase a little more.
But overall I am happy we are way above 500 dollars.

[hotcoin010309]

"dump" slow....

[sishendaoye]

Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.

But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.

We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.

I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?

I hope so, with the halving that is happening this year, it should give us a good benefits because for sure the price will increase. This year is a good year as a lot of good news are happening this year, we just nee to trust that we can reach $1,000 and to effect that into our self, investment is necessary.

The price has to increase if you ask me because it already gets harder to earn Bitcoins because of the halving so we have to have somewhat of an compensation for that.

[dongchi]

Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.

But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.

We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.

I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?

I hope so, with the halving that is happening this year, it should give us a good benefits because for sure the price will increase. This year is a good year as a lot of good news are happening this year, we just nee to trust that we can reach $1,000 and to effect that into our self, investment is necessary.

The price has to increase if you ask me because it already gets harder to earn Bitcoins because of the halving so we have to have somewhat of an compensation for that.

The problem with such speculations is that people build the ideas into their thinking, thus they alter the situation making the base of speculation obsolete.

The only reason BTC would go up to $600-800 is if people believed it will go beyond $1,000 and soon. Not a significant number of people realistically believe that halving will push the price beyond $1,000, thus nobody will buy in at $600 or $800 either.

[1Referee]

I think what we are seeing right now is the calm before the storm. The price has been on the $640 to $650 range the last few days. Halving is just a few days away and most everyone is just observing how the price moves in the days leading up to the said event. Some would say that this is still a good price to buy some, but I am still hoping for one last price drop below $600, preferably $550 before adding more.

The storm has already happened I think. What we have seen is a correction and a new future stable price for bitcoin. We may see it increase a little more.
But overall I am happy we are way above 500 dollars.

It's great to see some one being happy with the price we are sitting at instead of unhappy people moaning about the price not moving much closer to $700-$800 every time. Current price is more than perfect if it happens to stay here for another 6 or so months.

[expert4knowledge]

I think what we are seeing right now is the calm before the storm. The price has been on the $640 to $650 range the last few days. Halving is just a few days away and most everyone is just observing how the price moves in the days leading up to the said event. Some would say that this is still a good price to buy some, but I am still hoping for one last price drop below $600, preferably $550 before adding more.

I am not sure that it is right assumption that prices will increase and specially the statement of calm before the storm but we may have another increase of prices.

[groll]

what!?!? Started pump&dump or started natural growth??

 Halving does not promise an increase in monetary value to bitcoins. Halving affects directly the bitcoins supply and production but it does not directly affect the monetary value of bitcoins. As we all know the monetary price of bitcoins is being determined by how much buy and sell policy in the market. Indirectly speaking people are afraid to purchase more bitcoins due to halving so the price stabilize at 626$.

[Scorpion Fyllot]

That is a very very normal thing for a currency like bitcoin and I am not worried at all.

The recent price increase happened due to the chinese intervention. They wanted to send money outside country due to the falling price of yuan and instead of using regulated way of sending money, they chose bitcoin. Due to high buying orders, the price went up.

Now they are selling their bitcoins and the price has gone down. These are quite natural for any exchange traded currency. You should hold your bitcoin for price increase but you should think about long term. Shorter terms will not give you any good profit.

Agreed:  Hold for now, ask yourself why you have the coins: Hedge? Invest? If so what? Other Alts coins?  BitCoins don't payout an interest in themselves, so you have to hope they rise slow enough not to generate a dump and quick enough to out perform natural inflation.

[ASHLIUSZ]

what!?!? Started pump&dump or started natural growth??

 Halving does not promise an increase in monetary value to bitcoins. Halving affects directly the bitcoins supply and production but it does not directly affect the monetary value of bitcoins. As we all know the monetary price of bitcoins is being determined by how much buy and sell policy in the market. Indirectly speaking people are afraid to purchase more bitcoins due to halving so the price stabilize at 626$.

Because of its deflationary nature, the digital currency is often compared to precious metals such as gold, which also undergo a resource-intensive creation or mining process.

[mirakal]

This a good day for bitcoin, the price is starting to rise again and I hope it will continue to rise nearing the halving. This is a good indication that the price will really increase due to halving and a good time to buy again to ride with the train of success.

[Schuyler]

This a good day for bitcoin, the price is starting to rise again and I hope it will continue to rise nearing the halving. This is a good indication that the price will really increase due to halving and a good time to buy again to ride with the train of success.

Although I am being tempted to buy at these levels, I think I would wait further. Many are hoping that the price would continue to rise, but I am going against the tide by hoping for the price to go down, even for a brief moment. This weekend could be another crucial one as we could see some volatility.

[hotcoin010309]

This a good day for bitcoin, the price is starting to rise again and I hope it will continue to rise nearing the halving. This is a good indication that the price will really increase due to halving and a good time to buy again to ride with the train of success.

Although I am being tempted to buy at these levels, I think I would wait further. Many are hoping that the price would continue to rise, but I am going against the tide by hoping for the price to go down, even for a brief moment. This weekend could be another crucial one as we could see some volatility.

Waiting too long can be risky, this time seems not to be the dump-pump mtgox style

[OROBTC]

...

This whole Bitcoin Halving will be extremely instructive.

We will see how much the hype and the manipulators will drive the price.

I have no idea what the prices will be between now and July 9.  A short week and a day away.  Perhaps after our July 4 holiday (USA), we will see great volatility, I will be watching too!

*   *   *

"Someone" perhaps should do a calculation to find BTC's Stock:Flow ratio.  If it is very high (like gold), that might tell us something.