becoin
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Activity: 3431
Merit: 1233
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June 13, 2016, 01:53:05 PM |
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Expecting short-lived pull back to $650. Such a correction must be sufficient for further gains beyond $800.
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pleaseexplainagain
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Activity: 115
Merit: 10
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June 13, 2016, 01:56:17 PM |
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I bought another coin at 698$ pretty confident we are going up. and up. and up
I was losing hope last summer, but this year I'm starting to get more confident we are going up. and up. and up. Last summer the best move was to dump when it hit 300 and wait to buy back in lower. This summer each time I expect a retrace it doesn't happen, the price just keeps going up. The best move this summer might be to hold and buy more if you get your hands on some fiat. there is alot of talk of up and up. it sure is going up and will go up alot more - maybe a new ATH. But it will crash. Are people forgetting that the "harvening" simply means 1800 less bitcoins (potentially) coming onto the market each day. there were lots to buy before and there will be lots to buy afterwards. So its just a pump around a low key event. At best I see $400-$450ish within 2 months of the day we "harve". As that is where we are really at. At worst it will be 25% of its high point. Ensure you are not borrowing to buy bitcoins as then it will really hurt. |
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lrdeoliveira
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June 13, 2016, 02:01:36 PM |
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I bought another coin at 698$ pretty confident we are going up. and up. and up
I was losing hope last summer, but this year I'm starting to get more confident we are going up. and up. and up. Last summer the best move was to dump when it hit 300 and wait to buy back in lower. This summer each time I expect a retrace it doesn't happen, the price just keeps going up. The best move this summer might be to hold and buy more if you get your hands on some fiat. there is alot of talk of up and up. it sure is going up and will go up alot more - maybe a new ATH. But it will crash. Are people forgetting that the "harvening" simply means 1800 less bitcoins (potentially) coming onto the market each day. there were lots to buy before and there will be lots to buy afterwards. So its just a pump around a low key event. At best I see $400-$450ish within 2 months of the day we "harve". As that is where we are really at. At worst it will be 25% of its high point. Ensure you are not borrowing to buy bitcoins as then it will really hurt. Totally gree that the bubble will crash, it's in the nature of the market. The important for me is ride the wave, atleast i try to do it |
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becoin
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Activity: 3431
Merit: 1233
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June 13, 2016, 02:02:39 PM |
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Are people forgetting that the "harvening" simply means 1800 less bitcoins (potentially) coming onto the market each day.
there were lots to buy before and there will be lots to buy afterwards. .
Think again, pleaseexplainagain! If there is "1800 less bitcoins (potentially) coming onto the market each day" there will be 1800 less bitcoins (potentially) to buy each day! |
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empowering
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Activity: 1092
Merit: 1442
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June 13, 2016, 02:05:28 PM |
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If demand remains a constant...... and supply is halved then...........
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empowering
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Activity: 1092
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June 13, 2016, 02:07:02 PM |
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...something something ....equilibrium
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empowering
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Activity: 1092
Merit: 1442
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June 13, 2016, 02:07:45 PM |
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(plus or minus devilish "manipulationeurs" and their evil evil ways)
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strawbs
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Activity: 875
Merit: 1362
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June 13, 2016, 02:09:04 PM |
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If demand remains a constant...... and supply is halved then...........
But whether this rise is due to the halvening being already priced in? |
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becoin
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Activity: 3431
Merit: 1233
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June 13, 2016, 02:13:01 PM |
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If demand remains a constant...... and supply is halved then...........
But whether this rise is due to the halvening being already priced in? Everything is always priced in. This is why the market price is what it is. |
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Ted E. Bare
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June 13, 2016, 02:23:38 PM |
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Was this all the action for now?
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MahaRamana
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June 13, 2016, 02:24:48 PM |
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This is looking like the start of a new bull run.
2500 USD by September.
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Paashaas
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Activity: 3813
Merit: 5422
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June 13, 2016, 02:27:27 PM |
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If demand remains a constant...... and supply is halved then...........
But whether this rise is due to the halvening being already priced in? Everything is always priced in. This is why the market price is what it is. The network has not beeing effected by the halving yet, that will happen in the months past halving day. This current rise is mainly the Chinees who whants to escape the Yuan to make there wealth secure. |
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Bavaria
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June 13, 2016, 02:29:51 PM |
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Bitbulls what do you think will be the top on this pump?
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Paashaas
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Activity: 3813
Merit: 5422
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June 13, 2016, 02:36:09 PM |
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pandalion98
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June 13, 2016, 02:42:20 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? |
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MahaRamana
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June 13, 2016, 02:43:15 PM |
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Bitbulls what do you think will be the top on this pump?
2500 USD for this summer period But contrary to all previous tops, I don't see a big collapse happening. There will be a significant correction but we will not have a long dead valley anymore. |
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lrdeoliveira
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June 13, 2016, 02:43:53 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? the chinese stock exchange is going underground -3.5% |
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European Central Bank
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Activity: 1288
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June 13, 2016, 02:44:52 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five?
It's real hard for them to invest abroad so options are very limited. They also love a gamble. They're the world centre of tech manufacturing so its natural that mining's gonna congregate there. There's a ton of money there chasing limited options for stuff to do with it. |
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MahaRamana
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June 13, 2016, 02:46:59 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? 1. Chinese people are very many. 1.3 billion people. It's like 4 USA. 2. The growth in China in the last 10 years created many rich people 3. China has very strict capital controls which means that people cannot easily convert their YUANs to other currencies or transfer their money in other countries 4. Chinese can transfer Yuans within China to buy Bitcoin with Chinese exchange. 5. Bitcoin is becoming a fashionable investment instrument in China |
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