Topic: 400 will not hold - page 2. (Read 17618 times)

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.

Leonard2016

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Quote from: Zaduca on August 07, 2016, 05:49:40 AM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

this is safe but not practical because you can not trade actively this way and you would have to withdraw without taking a postition in the orderbooks. it is only good if you want to make a long term investment.

ASHLIUSZ

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Quote from: Zaduca on August 07, 2016, 05:49:40 AM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them.

There is huge upside potential, but the risks should not be understated.

Zaduca

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Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

panju1

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Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

Superbitzz

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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

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Quote from: HarryKPeters on July 25, 2016, 02:55:14 PM

Quote from: sanas on July 25, 2016, 01:11:16 PM

Quote from: sanas on July 25, 2016, 01:11:16 PM

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions is good, but the price will hopefully stay the same, which is good. Stabilty is what we needed.
I bet many investors think the same. Stable bitcoin, is a better adoption from the public and merchants.

I hope the bitcoin price will be stable around $660, a month later, it will be stable around the $720 level.

HarryKPeters

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Quote from: sanas on July 25, 2016, 01:11:16 PM

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions is good, but the price will hopefully stay the same, which is good. Stabilty is what we needed.
I bet many investors think the same. Stable bitcoin, is a better adoption from the public and merchants.

richardsNY

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I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions coming through doesn't mean the price will not fall below $400 again. I think it's safe to assume that no matter how low a certain price level may seem, the price can always fall below that price level. We've seen that when the price reached its highest point in 2013. Literally no one thought to ever experience sub $200 prices again. But it still happened.

sanas

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I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

Adar Korin

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Quote from: trickshot22 on July 23, 2016, 11:41:29 AM

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

Agreed that mass adoption in BitCoins is the way to go forward - people need to understand it can be used for secure transactions - explain its features of confirmation and diversified block chain.

The average fiat user wouldn't have a clue how financial transactions occur, so there needs to be an education initiative.

Only then will it hold above $ 400.

Zaduca

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Quote from: Bitcoinbro on July 22, 2016, 05:50:08 AM

Quote from: Bitcoinbro on July 22, 2016, 05:50:08 AM

OP was telling how 400 $ can`t hold, but we see how + 600 $ holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

well the price is much higher right now and i doubt that it is going to fall down any time soon, i hope that it will make me good money

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

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Quote from: sanas on July 23, 2016, 06:19:16 AM

OP was telling how 400 $ can`t hold, but we see how + 600 $ holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

well the price is much higher right now and i doubt that it is going to fall down any time soon, i hope that it will make me good money

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Quote from: Bitcoinbro on July 22, 2016, 05:50:08 AM

Quote from: Bitcoinbro on July 22, 2016, 05:50:08 AM

OP was telling how 400 $ can`t hold, but we see how + 600 $ holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

Yes, the cost of making one bitcoin is around $450 at present. I believe the price will be above $600 for some time.

Lighten up, the current rates will persist for $ 600, I think the current bitcoin prices will last long. I think that at this time we need the prediction is when the price of bitcoin will rise to $ 800 or more. because I am very confident that bitcoin prices will not drop to $ 400, and will last at current prices

sanas

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OP was telling how 400 $ can`t hold, but we see how + 600 $ holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

Yes, the cost of making one bitcoin is around $450 at present. I believe the price will be above $600 for some time.

Bitcoinbro

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