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ABCbits (OP)
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July 07, 2016, 04:51:36 AM
Last edit: January 02, 2024, 09:36:57 AM by ETFbitcoin
 #1


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HyphyBTC
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July 07, 2016, 04:54:47 AM
 #2

I expected more from someone who has been around for 2 years.
bones261
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July 07, 2016, 04:57:15 AM
 #3

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

Time to try and flush out all of the hobby miners, just before halving.
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July 07, 2016, 05:00:57 AM
 #4

going back to 680 now it seems Smiley

good moment to buy some coins IMO

yolo
Enjorlas
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July 07, 2016, 05:10:51 AM
 #5

The support is broken. I expect the price to go down to low $600's or high $500's for now.
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July 07, 2016, 05:15:52 AM
 #6

going back to 680 now it seems Smiley

good moment to buy some coins IMO

Lol yeah, after it broke down it is now heading back up again. Probably a great time to buy in some coins before it gets too unaffordable again Tongue I would actually like it to see it stabilizing at around $600 though, TBH.

Stable price = stable life Tongue

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Herbert2020
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July 07, 2016, 05:21:28 AM
 #7

I expected more from someone who has been around for 2 years.

took the words right out of my mouth.

p.s. in a couple of minutes a duck is going to come here and starts his quaking and says i told you so.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 07, 2016, 05:58:53 AM
 #8

I would have excpected by now a bigger and longer shakeout , So far weve not had much of a drop so as to actually scare people into selling their bitcoin. A lot of the bigger whales would be wanting to scoop up as many cheap coins as they can prior to the halving. Maybe the shakeout will come even days or weeks after the halving and then we will get the real and permanent pump to increase price.

CryptoBjorn
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July 07, 2016, 06:05:39 AM
 #9

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

I was there, watching it happen. The price is above 640 now so that's positive. I don't understand though why any whale would dump now.
Reserved psychology made me thing that they would rather wait for people to dump, buy chose cheap coins and start pumping bitcoin again.
RubberBaronette
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July 07, 2016, 06:10:47 AM
 #10

I don't understand though why any whale would dump now.

If you understood, the trick wouldn't work.
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July 07, 2016, 06:15:00 AM
 #11

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes

I was there, watching it happen. The price is above 640 now so that's positive. I don't understand though why any whale would dump now.
Reserved psychology made me thing that they would rather wait for people to dump, buy chose cheap coins and start pumping bitcoin again.

The Price has started increasing again but now only 2 days left in halving. I wonder how it will manage to reach $1000 in just 2 days as people expecting price at $1000 at halving
CryptoBjorn
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July 07, 2016, 06:40:57 AM
 #12

I don't understand though why any whale would dump now.

If you understood, the trick wouldn't work.

Looking at the price now some people are picking up their message, but looking at the outlook of now I for one will not be selling. Maybe you know more but it seems we can expect another dump this day. Bringing the price closer to 600.
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July 11, 2016, 07:20:17 PM
 #13

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.
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July 11, 2016, 07:21:41 PM
 #14

Bitcoin price just crashed from $675 to $632 at Bitfinex just now.
Guess people really use halving's hype to earn profit Roll Eyes
the price is stable once again, just dont worry about it and everything will be fine, i think the price is soon going to be pushed back up and people will get all the money back
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July 11, 2016, 08:09:44 PM
 #15

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.
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July 11, 2016, 09:16:39 PM
 #16

The price increase for halving must have been built in already. We are seeing almost no price change today at all. It's hard to tell if it will break one way or the other or if we are just going to be stable for a while.

 
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July 12, 2016, 05:46:31 AM
 #17

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.
The economic uncertainty from Brexit allowed Bitcoin to rebound after a minor dump, so i still believe that there can be price drops that wont affect the price much and attempts high again.
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July 12, 2016, 07:04:25 AM
 #18

I expected more from someone who has been around for 2 years.

That is right. If you look at the bitcoin price chart, 5% price drop is very normal. If it drops 30%, I might be worried.

I expected it and I am still expecting it but let's be honest too, so far no significant price dump has happened.
Which means it can still happen because I find it unlikely for the price to go up again.
The economic uncertainty from Brexit allowed Bitcoin to rebound after a minor dump, so i still believe that there can be price drops that wont affect the price much and attempts high again.


but the dumps have stopped long time ago and currently there is only stability in the market with so little fluctuations. so any dump at this point needs a bad news like some FUD or something that is big that can cause a dip then a big jump back up.

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July 12, 2016, 07:16:09 AM
 #19

Price is very calm around halving time, quite unexpected.
Looking forward, it may going lower.
All it left is a believing that Bitcoin is getting more hard to find.
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July 12, 2016, 07:19:07 AM
 #20

The price increase for halving must have been built in already. We are seeing almost no price change today at all. It's hard to tell if it will break one way or the other or if we are just going to be stable for a while.


This current price will be the exact price for bitcoin to go stable and also i think this is the safezone since price is not really so much high unlike those past months price rally and its almost reached to 800$ and for this halving price result is still positive because price is still profitable and cannot be easilt dump so it will stable for quite long time thats for sure.


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