Topic: $350 will be the bottom (Read 13183 times)

Quote from: EastSound on July 09, 2016, 06:14:07 AM

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

It depends on the actions of the big whales, if they want, they can push the price to below $600 or lower.

It's funny how we keep advertising how decentralized and democratic bitcoin is, while in fact a group of whales are determining bitcon's future; the price, the blocksize and even it's development. That's odd right?

what's not centralized in this world? it's always a group of people/institutions that controls a certain thing. bitcoin is definitely not an exception.

HarryKPeters

hero member

Activity: 896

Merit: 1000

Live Stars - Adult Streaming Platform

Quote from: EastSound on July 09, 2016, 06:14:07 AM

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

It depends on the actions of the big whales, if they want, they can push the price to below $600 or lower.

It's funny how we keep advertising how decentralized and democratic bitcoin is, while in fact a group of whales are determining bitcon's future; the price, the blocksize and even it's development. That's odd right?

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: EastSound on July 09, 2016, 06:14:07 AM

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

It depends on the actions of the big whales, if they want, they can push the price to below $600 or lower.

thats true though they wont do that because they know that the price will grow so they wont just waste the money they have to just manipulate the price, i doubt that the price will drop that low

Altynbekova

sr. member

Activity: 476

Merit: 250

Quote from: EastSound on July 09, 2016, 06:14:07 AM

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Quote from: EastSound on July 09, 2016, 06:14:07 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

It depends on the actions of the big whales, if they want, they can push the price to below $600 or lower.

Yeah below 600 , 500 and even 350.It's them who are in charge now, but let's think about their incentive too.
I am sure there are big mining pools who are part of the whale group and they need profit.

Gotumoot

sr. member

Activity: 1372

Merit: 261

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

It depends on the actions of the big whales, if they want, they can push the price to below $600 or lower.

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Quote from: vatusasid on July 08, 2016, 02:07:16 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

I think the price will be above around $600 for the near future. If it drops below it, most home miners will be unprofitable.

Schuyler

hero member

Activity: 518

Merit: 500

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Quote from: EastSound on July 02, 2016, 02:17:18 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

We are just a few months moved from the $350 levels and at $630, the price seems to hold. We might see a bit more dip, as I don't think the effect of halving will be felt instantly.

vatusasid

newbie

Activity: 54

Merit: 0

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: trickshot22 on June 30, 2016, 09:06:22 AM

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: ElpadroBitcoin on June 08, 2016, 10:23:34 AM

Quote from: LazerViking on January 22, 2016, 03:18:45 PM

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.

350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.

350 dollar was a really long time a go, i think we will never come back to such low prices right now because bitcoin will have much more possibilities to grow right now during the halving

in my opinion 600 is now the new bottom and we will see even bigger increases in the future with bitcoin, i think that during the next year the price is going to grow a lot maybe to a new all time high

I agree with the comment that £350 will not be reached again. But I think the price will trade between $550 and $700.

trickshot22

sr. member

Activity: 504

Merit: 250

Quote from: ElpadroBitcoin on June 08, 2016, 10:23:34 AM

Quote from: LazerViking on January 22, 2016, 03:18:45 PM

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.

350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.

350 dollar was a really long time a go, i think we will never come back to such low prices right now because bitcoin will have much more possibilities to grow right now during the halving

in my opinion 600 is now the new bottom and we will see even bigger increases in the future with bitcoin, i think that during the next year the price is going to grow a lot maybe to a new all time high

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: Blitzboy on June 26, 2016, 03:57:55 PM

Quote from: JumperX on June 26, 2016, 03:27:03 PM

Quote from: potatopower on June 26, 2016, 03:03:14 PM

Quote from: JumperX on June 26, 2016, 03:27:03 PM

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.

How you sure that it will not going back below 500 and i think we dont know what will happen because bitcoin is unpredictable and bitcoin is not indemand after the even because the event is already done and it takes long journey that the price will increase again..

That will be the same reason why the bitcoin price will not go below $100. there are much more users now.

Blitzboy

hero member

Activity: 1316

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Quote from: potatopower on June 26, 2016, 03:03:14 PM

Quote from: potatopower on June 26, 2016, 03:03:14 PM

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.

How you sure that it will not going back below 500 and i think we dont know what will happen because bitcoin is unpredictable and bitcoin is not indemand after the even because the event is already done and it takes long journey that the price will increase again..

JumperX

hero member

Activity: 672

Merit: 503

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.

potatopower

sr. member

Activity: 296

Merit: 250

CryptoTalk.Org - Get Paid for every Post!