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Author Topic: Bitcoin price is climbing up slowly slowly. what do you think ?  (Read 1366 times)
Edwardard (OP)
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July 02, 2016, 10:14:18 AM
 #1

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.
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July 02, 2016, 10:25:56 AM
 #2

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump very soon. the bull is ready to run now.

The thing is no one here can really predict what's going to happen next.
I hope to see a constant, healthy rise within the next coming months and think we could see the $1000 at the end of this year.
Maybe it won't be on a stabile basis, that could need another few more months.
On the other hand I could be completely wrong and we will see a crazy bull run up to a new ATH followed by a mega dump and consolidation around $800-$1000 as the new bottom.Who knows, who knows.
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July 02, 2016, 03:20:35 PM
 #3

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.
i don't know this is pre halving effect or something else but as long the prices still rising day by day it doesn't matter for me even though the movement looks very slow and i'm hoping to see a big pump again soon too
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July 02, 2016, 04:14:25 PM
 #4

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

yes, i think that "This" rise is because of the halving and the hype it has brought to us.

but to say anything about the continuation of this rise would be a tough thing to say because i am afraid there might be a dump before the big rise.

Buying the dip...
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July 02, 2016, 04:42:52 PM
 #5

I think there were some people who were gutted when the price fell from $750 to $630, and who will be watching and selling immediately the price rises back up. It is only once all those who "bought high" have sold and cleared out, that bitcoin can make it's next dash up.

 
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July 02, 2016, 04:44:53 PM
 #6

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..



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July 02, 2016, 04:51:19 PM
 #7

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.
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July 02, 2016, 05:10:34 PM
 #8

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.
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July 02, 2016, 05:16:21 PM
 #9

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

Hopefully, would be nice to get past 800 in the immediate future.

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July 02, 2016, 05:30:47 PM
 #10

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.
Yeah right more grow more price increase will happen after halving we already see the effect even the block halving still not done yet.. the price should be rise because according to halving our source of bitcoin per block will be half from 25 btc to 12.5 btc so it means the price should be double..

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July 02, 2016, 05:42:13 PM
 #11

Well if the price is increasing slowly i am thinking that i am making a profit its simple.. but i think the price will increase more so more patience is the best to do right now..

Price will be even higher at halving, so I think holding our coins now is the right thing to do, and its really good to see price movement in positive direction and now we can expect good news at halving.

And price will continue to be higher even after the day of halving. Even with the expected dumps that will follow any significant rise in price, the general trend will still be upwards. I'm already looking forward to the halving after this one, as weird as that sounds.
Yeah right more grow more price increase will happen after halving we already see the effect even the block halving still not done yet.. the price should be rise because according to halving our source of bitcoin per block will be half from 25 btc to 12.5 btc so it means the price should be double..

If  it gets doubled then its well and good but even if it doesn't gets doubled then also it should be reached to descent price where people can earn good profits.
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July 02, 2016, 05:46:38 PM
 #12

I agree with the last part of what you wrote, that the bull is ready to run.  I don't think this is or even should be an effect of the upcoming halving.  This is a market consisting of tons of people who've known about it for a long time.  Why should the price spike?

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July 02, 2016, 05:56:13 PM
 #13

I personally think It's panic buying due to halving block reward , some people are afraid for being late for the train so they are buying at the moment. I could be wrong though

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July 02, 2016, 06:03:06 PM
 #14

Ah, well I think any rise is great (obviously) but it may just be people coming very late to the party. I bought most of my coins at $500CAD or under so with us being 1.8x above that I really don't care about small fluctuations at this point. Let's hope for consistent rises at this point though.
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July 02, 2016, 06:05:12 PM
 #15

I personally think It's panic buying due to halving block reward , some people are afraid for being late for the train so they are buying at the moment. I could be wrong though
It exactly be panic buying, because I can't seem to find any additional information about this sudden rise. There is no bitcoin news to back this surge.
One news that is maybe responsible for this situation is recent announcement that bitcoin will become "People’s Right" in China and will have legal backup of Government.
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July 02, 2016, 06:13:35 PM
 #16

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

I think the price will not going up highly now, it need some weeks after the next halving , in my opinion, but in the same time, it's expected that the Bitcoin's price will increase without any doubt
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July 02, 2016, 06:34:11 PM
 #17

Yeah, the price is increasing the process is slow but it will boost up within a few days, when the halving will be only to happen, at that time everyone will buy bitcoins.
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July 03, 2016, 12:59:09 PM
 #18

Yeah, the price is increasing the process is slow but it will boost up within a few days, when the halving will be only to happen, at that time everyone will buy bitcoins.
Supply shrinks relative to demand, so the price goes up. However, that isn’t exactly how the halving works. The actual supply will not decrease, rather, the rate of growth will slow. The supply, the amount of coins in existence, will still grow continuously. Thus, there is nothing about the halving to lead us to say with certainty that demand will outstrip supply and send the price soaring.
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July 03, 2016, 01:12:52 PM
 #19

A slow price increase would be actually the best thing that could happen (from a bullish perspective). Because that would build confidence in the actual price levels and so the hands would not be that weak than after an ultra-bullish spike like in June.

Nevertheless, I think we will see some volatility around the halving date. It is possible that there will be a pump up into the 750+ region and a double top near the June high of 775-85. If this occurs, then my guess is that in the aftermath of the halving event there will be another correction into the 550-580 USD level or even lower (but not lower than 410 USD).

But if, against my prediction, the slow climb can continue, then I see a more bullish perspective: then there could be a little rally after the halving event, up to even 900-990 USD. For more than 1000 there is too much uncertainty in the community because of the recent new block size discussions and ETH.

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randy8777
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July 03, 2016, 01:15:55 PM
 #20

is this the pre halving effect ? we are at 688$ from 630$ in 2-3 days i think so. what do you think ? i think we will see a big pump again very soon. the bull is ready to run now.

i also think we'll see a nice rally in the last days before the block halving. the entire market is waiting for something to happen. if there is no such a thing as a rally before the halving, then i'm quite sure a dump will happen directly after the halving as people will get disappointed.
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