As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750.
It would be really disappointing if price don't touch to $750 at halving, as people are hoping to see the price of $1k at halving and it will be really frustrating if it even reach to $750.
Yeah but i think i believe that th price of bitcoin will still hit in this value and more price increase after block halving..
In $1k value for now its iimpossible right now to think that the price of bitcoin will hit in 1k value if we see that the price is increase and hit to 900 value
Expect for 1k value..
Not sure man btc is going to SKYROCKET after the halving, it could take a month but it definitely will go up in price, the price range im estimating is $950 but $1000+ is more than possible because of the price value now i expect 1000% increase.
Don't expect price hike after the halving as majority of community feels that price will fall back after the halving, so if you want to secure profits then selling before or at the halving is the best time.
I also expect the price to plummet once the block halving has taken place. It's not that unusual as people are hyping up the block halving like it's the only thing left for Bitcoin that can make the price increase.
Looking at the current situation I don't think that we will see higher price at halving, as price rise is too slow and it can definitely wont take to $1k price.
Do you guys know anything about economics? please explain why you think that it's going to go down, surely you cant give me a good reason, but i can give you a good reason why bitcoin is surely going to go up after the halving. SUPPLY GOES DOWN DEMAND GOES UP. The end.
lots o quotes!!
I agree! While we may see some adjustments as we go I am quite bullish.
Not only will the newly minted supply decrease due to the halving, the larger miners need to maintain their profitability so they will do what they can to keep the BTC price at current levels, or probably higher.
Now before anyone beats me up about that last statement, again, I am not saying it is a conspiracy or collusion or they are bad, I am just saying larger miners have a decent amount of resources, I.E. Tools, at their disposal to help them maintain their margins and I believe they would use them. I would if I was them!
