Post
Topic
Board Speculation
Re: BTC is going up and up
by
tampazeus
on 08/07/2016, 08:53:27 UTC
The Bitcoin was rising a good but a couple of weeks ago, the price almost reached $800 and many people were waiting for the price to reach $1000 so that they could sell.
I am also waiting for the price to reach $1000, if that happens I will sell some coins.

It is better for the price to drop below $780 two weeks ago. We do not need a big pump and dump of the bitcoin.

The bitcoin price is around $620 now. That is a drop of 9% in the last two days. So the price bubble is deflating.

But for the fact that halving is tomorrow will be occur it have high chance that price may burst for these time passes because still many people wants to buy for the last minute and do short trade to earn money with bitcoins at the last hout for his event although its risky idea but for the fact that halving ia nearly occuring well theirs no doubt that bitcoins price might lift up tommorrow.

Price is going down since last few days, and I don't think now price can go higher at halving, so we should be satisfied with the price that halving shows us.