Quote from: PeRo on July 13, 2016, 09:57:16 AM

Quote from: redsn0w on July 13, 2016, 09:52:14 AM

Quote from: PeRo on July 13, 2016, 09:44:06 AM

Everyone was expecting a very high price increase during the block halving period. But nothing happened, the price left hanging at the same price range. What happened, are you expectin that it will maybe rise soon?

You are wrong, the majority of people was expecting a decrease of the bitcoin value the same day of the blockw reward halving. Now I think we will stay in this range for a couple of weeks maybe months.

I did not see more than maybe 1 or 2 users thinking that the price will decrease. The majority of users thought it will rise in this period, and they were talking about an increase in almost every thread in this section. Maybe I am wrong, but I think that there were more optimistic people here than those who thought the price would decrease.

In a long view period (5-10 years) bitcoin should increase more and more, imho.

Quote from: zby on July 13, 2016, 10:14:30 AM

Quote from: PeRo on July 13, 2016, 09:44:06 AM

Everyone was expecting a very high price increase during the block halving period. But nothing happened, the price left hanging at the same price range. What happened, are you expectin that it will maybe rise soon?

Exactly, that was the common sentiment. The halving day was only just symbolic, now it will start its effect.
The record amount of shorts on the halving day on bitfinex is an evidence to the contrary. Longs are also high - but now slightly below the level it had 2 weeks ago.