Quote from: MinerHQ on August 16, 2015, 04:18:58 AM

Quote from: randy8777 on August 15, 2015, 10:50:21 AM

Quote from: Andy4.4 on August 15, 2015, 05:28:15 AM

Just keep collecting your coins.
I think that next spike will be near the time of halving in July 2016.
Till then, I don't think that any spike can take place.

that's the thing. people don't have the patience to wait for the block halving to take place. they want profit right now, and not next year.

Why it will raise only in july 2016? any strong reason?

I think it will move up only when more businesses will start accepting bitcoin as a payment option.

When more well known businesses accept it, it will be a good talking point for us but unless they offer discounts for paying w/ bitcoin then there won't be much traction for it. Whatever creates demand for bitooin will add more life to it - especially more legit and secured trading exchanges for institutional investors as well as the Winks' ETF that will allow hedge funds and other brokers to allow their clients decent exposure to it w/ security at a premium in the deal. Heck, I talked to a trader on the Chicago exchange tonight and he had no clue how to even get bitcoins tonight to which I gave him several options. Professional people have heard of the coin in a seed form so this is what we hope to sow and grow going forward. Once the real bull market begins, these types w/ money will be tripping over each other to get their feet wet and then some, especially when other markets are spiraling into the abyss.