Quote from: aztecminer on June 25, 2016, 08:37:09 PM

Quote from: inca on June 25, 2016, 05:49:20 PM

Yawn. Halving still some way off. Just noise.

looks like the halvening is fizzlin .. i mean really.. wrong way .. the halvening supposed to be up.

Well, we know that bitcoin's price performance is a lot more than merely some narrow upcoming event, such as "the halvening."

But even taking your premises regarding this upward price movement arguably being related to the halvening, why don't you zoom out a little bit in an attempt to look at the bigger picture? You recall a bit of stagnance in the mid $400s (let's say $440), and you see where BTC prices are now (about $650)? Hm? That appears to be about a 50% increase in price? Yeah, we can have a whole hell-of-a lot of continuing correction from here, and still be on the positive side of that $440 base.

You are a bit selective in your presentation if you want to assert a large amount of doom and gloom merely because current BTC prices are about 15% below the $778 high point of that run.

Yes, if you expect and assert unrealistic expectations, then you are going to be able to find deficiencies in the performance.

We are in a real good place in the $600s, and even being in the $500s would be o.k., too, yet it seems that bitcoin is continuing to receive upwards price pressures, so likely we are going to have to suffer through some additional price appreciation in the coming days, weeks and months... So, sad it is.. Cry

Let's try to find something negative in that? oh my, you don't really seem to give up with your selective, half glass full presentations, do you, Mr. Azzzzzeeee. Roll Eyes