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Author Topic: old ath, your days are numbered, literally  (Read 562 times)
600watt (OP)
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June 16, 2016, 10:43:04 PM
 #1

bitcoin exists for over 2700 days, 100% uptime...  and only for 60 days the price was higher than now.
1Referee
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June 16, 2016, 11:06:45 PM
 #2

We are indeed coming closer which probably the majority of the people here wouldn't think is possible a few months back. If the bull run is going to continue like it is doing now, then we don't have to wait long before seeing $1000 prices, and perhaps even higher than that.
Yakamoto
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June 16, 2016, 11:13:32 PM
 #3

The bulls are definitely pushing the price up, and we're seeing just-after-the-ATH numbers, and this is a great thing for everyone. I personally think this is absolutely amazing and I would not have expected Bitcoin to be going this high.

Minor corrections are expected, and some stagnation is bound to happen, but this momentum is almost better to watch than television.
angaper
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June 16, 2016, 11:58:17 PM
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Yes, it is amazing to see this unexpected rally, especially when most people were speculating about the uncertain future of bitcoin, thinking about the possibility of being replaced by "ethereum" as the most important altcoin.  I only regret about the possibility of seeing the price rocketing when my amount of coins is still very small. Sad
Cybertron00
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June 17, 2016, 01:46:12 AM
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Yes, it is amazing to see this unexpected rally, especially when most people were speculating about the uncertain future of bitcoin, thinking about the possibility of being replaced by "ethereum" as the most important altcoin.  I only regret about the possibility of seeing the price rocketing when my amount of coins is still very small. Sad
Well IMO bitcoin will not be replaced by ethereum because ethereum is just another altcoin that is trying to dethrone bitcoin but it will never dethrone bitcoin. Well maybe were on the same boat because I regret that I didn't start gathering bitcoin by 2012 and I only started just this february.
WaffleMaster
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June 17, 2016, 02:00:36 AM
 #6

bitcoin exists for over 2700 days, 100% uptime...  and only for 60 days the price was higher than now.
WOW haha that is amazing to think about. Really puts it into perspective how rare and great it is when we all rally under one common goal or speculation. The halving is a great event to remember for years to come! We can look back and tell people and ourselves we were part of the first major Bitcoin halving.
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June 17, 2016, 03:26:36 AM
 #7

Halving, by itself, couldn't have brought about the recent price rise. It is only when combined with the Chinese that the price is going where it's going. Most people think the halving is what's causing the bubble, but it's not. I know it's easy to think the cause is only because of the halving. well, the mentally lazy don't win logical arguments. You have to remember that nothing in this world is black and white anymore. There's much grey area. Things happen due to a confluence of events, not just one. We happen to be in a perfect storm right now.

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June 17, 2016, 03:42:45 AM
 #8

That's an interesting statistic.   Hopefully we can stay this high for longer this time. 

People in China must really be losing faith in the yuan.  Precious metals have been booming as well.  I did not think bitcoin was a flight-to-safety vehicle, but I've been wrong before.

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