Quote from: Kevin77 on October 21, 2015, 07:25:51 AM

Quote from: solid12345 on October 20, 2015, 10:04:38 PM

Quote from: TinEye on October 20, 2015, 09:11:24 PM

I have a hunch that this is a false dawn. We have been in a bear market for so long and everyone has been waiting and hoping for riches that we are seeing what we want to see.

We've had a few false signals before though, now that China has given the seal of approval on Bitcoin combined with the halving next summer and the Bitlicense taking effect I think now is the time to start going up.

Yes. Two big events in two different events must have significant impact on bitcoin prices which may be the reasons for next big price rally. People around the world are already started holding bitcoin on expectation of halving boom. Satoshi must have implemented halving for every year to make price surges often.

Too many people are expecting the halving to take the Bitcoin price to much higher levels. You know what happens when too much people are waiting for the same thing, right? Mostly vice versa will happen. That's why I don't expect anything big from the halving as far as the Bitcoin price goes.