Quote from: crossabdd on May 22, 2016, 04:49:01 AM

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Quote from: Hamliss on May 07, 2016, 09:25:34 AM

Today's bitcoin price is 460 dollars again. It seems the price has not gone any where. It is very stable at the moment.

The price is actually going up. Its average price is higher than 5 moths ago. So it is very encouraging.

But the price did not increase over 2 months ago. It is still lower than $440. I thought it should be over $500 now.

to reach $500, will most likely occur when approaching halving or maybe after halving. at least halving take effect on prices.

If it's going to happen then it will be slightly (a few days) before the block halving takes place. I expect some serious dumps directly after the block halving.

I also had to think like that, I think there will be a huge dump after halving, because everyone had been waiting for it.

It depends on the price. If the price goes up, many people will still hold, hoping to sell at even higher price.