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Author Topic: This is the bull run that doesn't end..  (Read 6124 times)
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June 16, 2016, 08:32:51 PM
 #21

OP has cracked

But that's a good sign Cheesy

$1000 is going to be a good feeling.

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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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, 09:07:36 PM
 #22

A bit of euphoria creeping in. Nearly time to sell ?
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June 16, 2016, 09:11:24 PM
 #23

Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

This is the bull run that doesn't ends
Yes it goes on and on my friend!!
Some people started hodling it not knowing what it was!!
And they'll continue hodling it for ever just because!!!

you´re saying this time it´s different?

 Wink
Don't they always say that? It's the new normal, it will really last, the past reasons to go down don't exist anymore, and so on and so on?
In "real world" economy and stock trading we've seen all the reasons, and during stock-trading-history there's always been moments everything goes down. Bitcoin will go down too, just wait for it. If you'd know when you'd be rich.
And it will go up again too.

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June 22, 2016, 05:14:31 PM
 #24

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

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June 22, 2016, 05:21:57 PM
 #25

No matter what happen we will still te price increase at 900 to $1000 value bull run is not enough that the price will still in this level..
Just holding is always better.. block halving is too far and more days will come..



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Rainbot
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June 22, 2016, 07:35:35 PM
 #26

if we are still in the bull run then this right now must be the mother of all bear traps...
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June 22, 2016, 08:39:42 PM
 #27

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

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June 22, 2016, 09:00:46 PM
 #28

if we are still in the bull run then this right now must be the mother of all bear traps...

This is on course towards being a 61.8% retrace. $610 was the 50% level, but there is abosolutely no previous market support at this level and no good reason for any significant market to play to step in here and put a floor in the market. This is Dump City. Next significant support level is $580 on Finex.

20th-21st June, we had the Australian Police BTC auction. What has happend in the run up to this 'event', and in the aftermath of it, all seems a bit familiar to the Nov 2015 DPR BTC Auction pump, and the subsequent dump that occurred just as soon as the auction was done.....I remember in 2013, that Bitcoin dumped down to 61.8% level, within a few 4hr candles, but made a full recovery within the next couple of weeks...but totally different market back then....there was the 'China craze' and perhaps more importantly, there was Willy bot on Gox (and his friend Markus), who just kept on scooping up BTC no matter what the price.....

.....what we have now, is 'the Halving', but "so fucking what!", quite frankly. Yeah sure, Double the mining difficulty, 'half' the BTC coming to market, and therefore the miners have been hoarding, deferring cashing in waiting on higher prices post Halving Pump....that prospect doesn't exactly whet my appetite for BTC...interestingly enough. Huobi, which lead the pump, is leading this dump. That is a pretty good suggestion that this is some of the miner's hoarded BTC coming to market. The likes of Finex and OKCoin Futures, keep wanting to bounce, but Huobi keeps saying nope, we are selling, and you will follow. A fucking traders nightmare having all these different wheels, all wanting to turn in different directions, never being sure which is going to win out.

I suspect BTC is going to find itself in another big range over the coming months. I think mid $500s will be the new floor...but I am always wrong, so it will probs be back down to $430 or something, which will be the *real* 61.8% retrace, and also the 'cost of production' price for the miners to keep the network running, which makes sense, hence, Halving Pump puts in new market floor which is the new cost of production for the commodity.

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June 27, 2016, 01:37:59 PM
 #29

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

the bull run started from August last year has not ended. We shall see the price of $800, 900 and $1000 in the next few months.
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June 27, 2016, 04:47:37 PM
 #30

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

 Cheesy  Roll Eyes
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July 07, 2016, 03:10:50 PM
 #31

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

The bull run started in the middle of last year. It has not ended. If the price drops 40% of the peak, then it ends.



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July 07, 2016, 03:21:00 PM
 #32

The bull run just ended yesterday. I think the price will be between $600 to $700 for the next few months.

Yeah, the bull run has ended. Nope, we'll see prices under 500, 400, even 300 in the next few months.

The bull run started in the middle of last year. It has not ended. If the price drops 40% of the peak, then it ends.

Party's over, OP was wrong. You can trust me, I'm a professional scientist.
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July 18, 2016, 04:30:36 PM
 #33

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

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July 23, 2016, 07:58:12 AM
 #34

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

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July 26, 2016, 07:57:31 AM
 #35

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

I just hope the bitcoin price does not rise more than 100% for the next 20 years, and it becomes less volatile.
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July 27, 2016, 06:40:05 AM
 #36

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

I just hope the bitcoin price does not rise more than 100% for the next 20 years, and it becomes less volatile.

I think you mean 100% every year. That is my hope as well. If the price rises slowly, less volatile, more people will use it.

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July 28, 2016, 01:41:18 PM
 #37

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

I just hope the bitcoin price does not rise more than 100% for the next 20 years, and it becomes less volatile.


So... you don't like having money?


Well some people do




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July 28, 2016, 05:51:03 PM
 #38

I was holding some bitcoin bought at 270€ now I'm buying more at 670€
yes there is no doubt that bitcoin will continue its journey and will raised to maximum but it will take some correction after each rising but hope that it will ever crash as we can see in stock markets. the price of some stuff raised too high and at one start falling and lower capping every morning. so i can say that bitcoin will continue rising but some time it will take some correction but that will not be so horrible and doubtful to sell the bitcoin.
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July 28, 2016, 06:00:50 PM
 #39

I think no bull runs will happen instead te price will increase and increase, this is how i believe in bitcoin also bitcoin right now is growing day by day.
So its impossible that it will happen..

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July 28, 2016, 06:05:05 PM
 #40

As long as the bitcoin price does not rise more than 300% every year, the bull run will last very long period.

That is right. The big pump and dump will do very big damage to the bitcoin. So a smooth run is better.

I just hope the bitcoin price does not rise more than 100% for the next 20 years, and it becomes less volatile.


So... you don't like having money?


Well some people do
Yeah, I'm not sure you wouldn't want a rise of greater than 100% over the course of the next 20 years. 100% would put Bitcoin at $1,300, which would be way too small of value for Bitcoin to keep moving and keep the investor base it has for those next 20 years. You're looking at, at the very least, a relative doubling of the value for each year for the halvings to work and to keep the investors interested. That's just my opinion though.
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