Bitcoin over $500

Now its literally guaranteed to make new all time highs within three months

Veeky Forums was wrong AGAIN

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bitcoincharts.com/charts/volumepie/
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>literally guaranteed to make new all time highs within three months
>literally guaranteed
Naw.

Its about as much gauranteed as those girls being virgins (i.e. not very fucking likely). After the halvening, the price is going to crash again.

Why? There will 50% less bitcoins being mined.

Do you into supply and demand?

Do the math. The halving is going to make the 3600 bitcoins mined a day go down to 1800. That's less than $1 million dollars worth of bitcoin a day going that aren't being sold immediately. Todays trade volume was $150 million. Its negligible. It's just a tiny fraction of the total volume. In 2 days the trade volume will almost reach the amount of bitcoins mined in a year. 2 days. The halving is a meme.

>After the halvening
like about 3 months afterwards. There will be massive spike rises before this...

>There are people on this board who actually think Bitcoin follows the same movements as the market and is completely manipulated by a handful of individuals in order to bring in more bag holders for the halving.

>$550 on chinese exchanges
We are all going to make it bros

Lies

WE'RE BREAKING THE CONDITIONING

Tick tock nocoiners, tick tock.

I just sold last weeks gains and purchased my SECOND yacht.

Think I'll name this one HMS "NocoinersBJelly"

>want to buy stuff with my dank coins
>look it up, my stuff costs 0.11 btc, I buy them
>too lazy to actually buy the product
>next day its 0.12 btc and I have to buy more
life is bad for the lazy

The halving is the only thing going on for bitcoin right now. Passing that bitcoin will tank to the new all time low.

aaand it's already over.

$515

>The halving is a meme.
and memes have power .
the price will go up because people believe it will go up.

530

True ,meme magic is real

I think you got some bad info.

dude it's almost 600 on chinese exchange.

>being a britbong
Sad desu

its up and down, last i checked it dipped a bit to 530. im on my phone and dont watch the prices too closely

Huh. Where I'm looking it's under 500, maybe there's a 40 point difference between exchanges.. either way it's down $30.

Bit...what? You people are still talking about this shit? Kek.

...

I think the best thing going for Bitcoin right now is the conflict in the EU between right-wing Eastern Europe states and Marxist Western Europe ones. It looks like Brussels wants to take punitive measures against those who won't gobble migrants down their throats, threatening a penalty of 250,000 Euros per migrant denied. If they follow through, the V4 (The Eastern European EU bloc against more migrants) may need to break off. Bitcoin already has penetration there, and it may be the fastest way for the governments to get off the Euro on on to something with internationally recognized value.

Bitcuck cope.

$509 - what went wrong?

it's like you don't understand the market
>someone tries to buy a big sum
>not enough sellers
>beats up the price
>more sellers at higher price
>guy can finally buy his coins
>nobody else wants them
>price falls back

this of course with a couple of ten thousand users for added complexity.

>be the year 2020
>bitcoin finally surpasses $600
>"we were right! to the moon!"
>be the year 2025
>bitcoin is now $650 per coin
>"w-we were right! nocoiners cope!"
>be the year 2100
>bitcoin is now trading at $700 per coin
>"we were right all along!"

wtf dude

>bitcoin tanking now

WEW LAD

Tfw sold bitcoins on thursday for $477

>>sold bitcoins on thursday for $477
damn dis nigga'z rixh

v4 is just v1 for a long time now

Who are those demon sluts?

Lol. P good investment tho

>HMS "NocoinersBJelly"
epic

>be the year 2017.
>Chinese government cracks down on people using Bitcoin to hide/smuggle their Yuans.
>Bans bitcoin and closes down all the miners.
bitcoincharts.com/charts/volumepie/

U-u-umm... W-w-well that... That looks convincing.

Guess I'll be cashing out. Ride was fun goys.