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Jcastle (OP)
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June 16, 2016, 01:14:13 AM
 #1

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
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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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June 16, 2016, 01:26:09 AM
 #2

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.
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June 16, 2016, 01:28:20 AM
 #3

At the moment, the price is still very volatile. Just look at the market depth and the support for >$700 is still very thin. Nevertheless, we still have 3 more weeks before halving so it is going to be another roller coaster ride...
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June 16, 2016, 01:29:52 AM
 #4

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.

Even otherwise, I feel there might be a crash.
We have risen too fast and a lot of people are going to be disappointed after the block reward halving.


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June 16, 2016, 01:37:36 AM
 #5

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.

Even otherwise, I feel there might be a crash.
We have risen too fast and a lot of people are going to be disappointed after the block reward halving.

i'm with jjacob, i think we'll have corrective dump next few Hrs for this current uptick.

lot of bitcoiners including myself thinking a massive correction (~-$100) should occur at some point.


cryptoland is crazy though ;p   a pump $1000+ is certainly possible for the coming weeks to the Halving
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June 16, 2016, 01:39:20 AM
 #6

At the moment, the price is still very volatile. Just look at the market depth and the support for >$700 is still very thin. Nevertheless, we still have 3 more weeks before halving so it is going to be another roller coaster ride...


Exactly and present rise suggests that we may even touch the price of $1k before the halving and if it happens then be ready for major dump after the halving.
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June 16, 2016, 01:44:25 AM
 #7

At the moment, the price is still very volatile. Just look at the market depth and the support for >$700 is still very thin. Nevertheless, we still have 3 more weeks before halving so it is going to be another roller coaster ride...


Exactly and present rise suggests that we may even touch the price of $1k before the halving and if it happens then be ready for major dump after the halving.


Still  24 days before the halving, suspect there willl be more volatility pre-halving?
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June 16, 2016, 02:00:27 AM
 #8

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.
Yeah, this is exactly what I'm thinking.  In fact, I don't think we need to sail over 1000 to be in for a correction.  Percentage-wise we've been skyrocketing and folks are going to be taking their profit.  And that's a damn good idea, too.  I think I'm going to buy a little tomorrow when I git paid.

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peta4e
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June 16, 2016, 02:07:01 AM
 #9

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.
Yeah, this is exactly what I'm thinking.  In fact, I don't think we need to sail over 1000 to be in for a correction.  Percentage-wise we've been skyrocketing and folks are going to be taking their profit.  And that's a damn good idea, too.  I think I'm going to buy a little tomorrow when I git paid.


Its good if you can afford to buy with current price as for me its too high so I will put a break on buying at a moment and will keep close watch on market and will sell when it reaches to my expected price.
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June 16, 2016, 02:22:35 AM
 #10

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.

Even otherwise, I feel there might be a crash.
We have risen too fast and a lot of people are going to be disappointed after the block reward halving.

At this point we're pretty sure it's gonna drop. It's about getting out at the right time and buying into the market again.

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June 16, 2016, 02:29:18 AM
 #11

It's funny how many people are so sure it's gonna crash.
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June 16, 2016, 02:46:17 AM
 #12

It's funny how many people are so sure it's gonna crash.

yh Cheesy    think folks are trying to draw on past history?  Gonna be a wild ride from now until August

i've got buy orders set at ~$605   (massive correction needed for that to complete : )

could be one of those times though that buying-in on a pump's a good idea lol ?  We could get another set of weekend pumps from China/US

if that's the case $800 a possibility
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June 16, 2016, 03:45:13 AM
 #13

this rise is insane, every morning when i wake up the first thing that i do before even opening my eyes is checking preev.com for the price and almost every day i am surprised to see another rise. i feel like it is no so far before i wake up one morning to see $2000 on preev.

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June 16, 2016, 05:13:25 AM
 #14

Well lets just wait and see what the btc rally might bring to us. Grin We cannot know for sure if it's price will stille continue to rise or its gonna fall any moment now. So for now, lets just watch and prepare to sell when you think the price is profitable enough.  Grin
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June 16, 2016, 05:25:07 AM
 #15

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.

Even otherwise, I feel there might be a crash.
We have risen too fast and a lot of people are going to be disappointed after the block reward halving.

i'm with jjacob, i think we'll have corrective dump next few Hrs for this current uptick.

lot of bitcoiners including myself thinking a massive correction (~-$100) should occur at some point.


cryptoland is crazy though ;p   a pump $1000+ is certainly possible for the coming weeks to the Halving

Sorry do you mean to $100 or a $100 reduction in price? Dropping back to $635 is hardly a massive crash, it would be going back to the price it was last week and still be far higher than last month.

$100 per Bitcoin isn't happening any time soon unless the US and/or Chinese government ban Bitcoin. There is too much money in the enviroment and too many people invested in funds nowadays.
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June 16, 2016, 05:27:17 AM
 #16

Its almost at 5000 cny. once it crosses that mark then it'll be smooth sailing until the ATH of 8000 cny.
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June 16, 2016, 07:50:31 AM
 #17

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao
I'm strongly bullish but if it goes up over $1000 in the next few weeks it probably will be followed by a pretty serious correction.
To be honesty I would like the price to finally hit a thousand Dollars, I think that many people are going to sell some of there coins if they see that the price is $1000.
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June 16, 2016, 08:11:34 AM
 #18

When it skys over $1000 in the next 2 weeks, I can't wait for the naysayers to say " its gonna crash" lol lmao

the funny thing is that those naysayers are still saying their nays Cheesy
I saw  kwukduck  here always saying bitcoin price is going to crash under $200 and he has been saying this ever since bitcoin was stable at $230 with little movement. and even though price is still rising he continues his shit post saying bitcoin is going to crash under $200

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