ProfessionalBitsurgeon
Newbie
Activity: 28
Merit: 0
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July 10, 2016, 10:08:29 PM |
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It's barely been 30 hours and already, there are 1875 BTC missing from added to the supply  Fixed.
Every day. Day after day. Coins that must be bought just to keep the price from tanking.
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Odalv
Legendary
Activity: 1414
Merit: 1000
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July 10, 2016, 10:31:27 PM |
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Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes!  Reduction in new bitcoins. -54,000 BTC/month (every month) :-) |
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Recordura
Newbie
Activity: 19
Merit: 0
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July 10, 2016, 10:38:34 PM |
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Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes! Reduction in new bitcoins. -54,000 BTC/month (every month) :-) Will this bring the price up as high as it was before the Halvening, do you think? |
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marcus_of_augustus
Legendary
Activity: 3920
Merit: 2350
Eadem mutata resurgo
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July 10, 2016, 11:04:47 PM |
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Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.
Invasion of the duplicitous dumb-asses can resume ...
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kobilica
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July 10, 2016, 11:16:34 PM |
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It's time to invest more money.. is it ok, if I place order at cheaper price, will it ever get fulfilled? (maybe only if short happens)
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Recordura
Newbie
Activity: 19
Merit: 0
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July 10, 2016, 11:18:39 PM |
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Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.
Invasion of the duplicitous dumb-asses can resume ...
Dunno ... the price was higher before the Halvening, and now it's ... lower  Is it supposed to do that? >duplicitous dumb-asses http://irwinallen.wikia.com/wiki/Dr._Smith's_Insults (4 when u need 2 re-up  ) |
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kobilica
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July 10, 2016, 11:49:32 PM |
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True, price was higher pre-prehalvening, but that was bubble (and price lasted only 3 days or so..).
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toknormal
Legendary
Activity: 3066
Merit: 1188
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July 11, 2016, 02:09:30 AM |
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Everyone was waiting for it to dump after the halving.
Then when it didn't dump they started to get nervous and didn't know if it would dump or pump.
Now it's a smash & grab situation.
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Hyperjacked
Legendary
Activity: 1666
Merit: 1192
It's all mathematics...!
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July 11, 2016, 02:14:34 AM |
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Everyone was waiting for it to dump after the halving.
Then when it didn't dump they started to get nervous and didn't know if it would dump or pump.
Now it's a smash & grab situation.
more like the Bollinger band between 6/22 - 7/1 is tightening as expected and will trade sideways until the next head fake by the composite operator...the chart is beautiful! Disclaimer:i have no idea wat da hell i'm talkin bout...just ask jay |
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toknormal
Legendary
Activity: 3066
Merit: 1188
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July 11, 2016, 02:20:28 AM |
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Disclaimer:i have no idea wat da hell i'm talkin bout...just ask jay
Well it was sounding good up until you said that anyway |
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aztecminer
Legendary
Activity: 1092
Merit: 1000
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July 11, 2016, 03:52:10 AM |
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is aztecmoaner dead?
why whats up ?? is time to buy a boat yet ?? |
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ynef
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July 11, 2016, 04:38:37 AM |
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Is it supposed to do that?
We will see the real price 1-2 months from now. The fact that it didn't crash, like all the desperate bears here wanted, is a great sign |
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Karartma1
Legendary
Activity: 2310
Merit: 1425
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July 11, 2016, 06:23:47 AM |
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Yes, so far good news is there was no mega dump But, the fact there's still the same trading pattern as before confuses me even though we should wait more to make any comment.
I would say the halving has been priced in when we reached almost $800 in June. Now is ordinary work
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ronald98
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July 11, 2016, 10:45:58 AM |
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Yes, so far good news is there was no mega dump But, the fact there's still the same trading pattern as before confuses me even though we should wait more to make any comment.
I would say the halving has been priced in when we reached almost $800 in June. Now is ordinary work
Nothing happened on the first halving day, or for months afterwards. The price stayed flat then slowly climbed. There was no pump, the price gradually climbed for months afterwards, and that might be how the price works in the next months of summer. |
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LFC_Bitcoin
Diamond Hands
Legendary
Activity: 4256
Merit: 12796
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July 11, 2016, 10:53:50 AM |
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Yes, so far good news is there was no mega dump But, the fact there's still the same trading pattern as before confuses me even though we should wait more to make any comment.
I would say the halving has been priced in when we reached almost $800 in June. Now is ordinary work
We need to wait for another 2-3 months until the limited supply of coins is reflected on the exchanges. The proce should rise naturally then. |
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Recordura
Newbie
Activity: 19
Merit: 0
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July 11, 2016, 11:02:02 AM |
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Is it supposed to do that?
We will see the real price 1-2 months from now. The fact that it didn't crash, like all the desperate bears here wanted, is a great sign So it's supposed to keep going down for another month or 2? We need to wait for another 2-3 months until the limited supply
Or 3?! |
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gentlemand
Legendary
Activity: 2604
Merit: 3090
Welt Am Draht
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July 11, 2016, 11:10:31 AM |
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We need to wait for another 2-3 months until the limited supply of coins is reflected on the exchanges. The proce should rise naturally then.
I'll believe it when I see it. I don't believe most of the newly mined coins ever get anywhere near an exchange anyway. And I don't think serious OTC buyers would ever go anywhere near an exchange. I suppose they have to obtain them somewhere but that might just make the OTC market bigger from people who would otherwise sell on an exchange. Either way it's not gonna hurt. |
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Elwar
Legendary
Activity: 3584
Merit: 2386
Viva Ut Vivas
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July 11, 2016, 11:24:10 AM |
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Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.
Invasion of the duplicitous dumb-asses can resume ...
Dunno ... the price was higher before the Halvening, and now it's ... lower Is it supposed to do that? >duplicitous dumb-asses http://irwinallen.wikia.com/wiki/Dr._Smith's_Insults (4 when u need 2 re-up ) Price was $633 at halving. Now it is $647. |
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Recordura
Newbie
Activity: 19
Merit: 0
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July 11, 2016, 11:31:24 AM |
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Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.
Invasion of the duplicitous dumb-asses can resume ...
Dunno ... the price was higher before the Halvening, and now it's ... lower Is it supposed to do that? >duplicitous dumb-asses http://irwinallen.wikia.com/wiki/Dr._Smith's_Insults (4 when u need 2 re-up ) Price was $633 at halving. Now it is $647. Price $678 20 minutes before Halvening. Now it is $646. |
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