If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
Probably yeah, this bubble has to burst it is just bound to happen. I am very surprised that this bubble hasn't burst yet, it's probably the longest one. So yeah, a drop in coming months is what I am speculating, but I just have this feeling that maybe this rise isn't a bubble after all and the marketcap may be able to sustain this. 
Topic: Bitcoin Price Will Go To 1800 - 1900 USD This Summer And Then Go Down (Read 1676 times)
May 18, 2017, 07:17:06 AM
In this summer, might be possible that bitcoin suddenly cross $1900. I want to ask for everyone, for example bitcoin cross $1900 than who will sell his bitcoins?
I don't think so anyone sell his bitcoins. I think everyone will start to wait when bitcoin will be cross $2000, and believe me i am also one of them who are waiting when bitcoin would be cross $2000.
I don't think so anyone sell his bitcoins. I think everyone will start to wait when bitcoin will be cross $2000, and believe me i am also one of them who are waiting when bitcoin would be cross $2000.
May 18, 2017, 07:10:56 AM
No way will it only go to 1800-1900, it will go to 3000+ before having any major fall of more than 10% or so.
May 18, 2017, 07:04:20 AM
It's not that impossible, cryptocurrency is accelerating. Gaining it's popularity because of the platforms are getting easier and the people also gaining from it a lot. Many of the countries are know it already and they begin to use it for a living. Maybe for others it's not a currency but for many it's an asset and a future.
May 18, 2017, 03:52:39 AM
You want to understand what's going on with the price? Read this: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706-1642431-146543.pdf
Im 100% sure the current price has almost nothing to do with the EFT. The price rise could partly be down to:
BitFinex and Chinese exchange withdrawal issues,
Alt coins bubble -> most people get into alt coins by buying Bitcoins first, the price of Bitcoin only goes down when these people cash out into fiat not into another alt coin,
Mass adoption taking place. New large Hodlers in India are coming onto the scene, large speculators in Japan are getting in, and... more people than ever are actually using the coin as currency even though it costs too much and is relatively slow (most of these new users are not in the USA, but South America and South East Asia)
May 17, 2017, 08:07:19 PM
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
Bitcoin has reached it's maximum few days ago. I don't know what is the base of your suggestion, but I am expecting to see 2000$ during the year. Yes, the price of bitcoin already touched 2000$ in one of the Korean exchange but when it comes to other countries still, it is raising stage. This year is the best year for all the people who are waiting for bitcoin price to reach 2000$.
May 17, 2017, 08:00:00 PM
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations.
May 16, 2017, 09:51:53 AM
You say the price is "high" how would anyone know that? The market says it's the right price.
May 16, 2017, 09:47:02 AM
Imho... Cryptocurrency is gaining popularity cuz the trading platforms are getting easier to use which is keeping the buzz alive. Thus more and more money will continue to pour in for all cryptos. But speculation has always been that Bitcoin is king and would continue to secure the bulk of that market cap. But that's not happening anymore. One particular altcoin is stealing the market share from bitcoin cuz it trades/transfers ridiculously faster than bitcoin which makes it hard to go back after that. Therefore I believe bitcoin will go indeed up w the rest of cryptocurrency but I don't think its going to hit $2k until the new year.
May 16, 2017, 06:23:24 AM
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
Bitcoin has reached it's maximum few days ago. I don't know what is the base of your suggestion, but I am expecting to see 2000$ during the year. Yes, the price of bitcoin already touched 2000$ in one of the Korean exchange but when it comes to other countries still, it is raising stage. This year is the best year for all the people who are waiting for bitcoin price to reach 2000$.
May 16, 2017, 05:22:37 AM
It is in a bubble right now, which isn't good. It will drop.
Bitcoin is far away from being in a bubble! I guess you haven't experienced any bitcoin bubble so far.
So it will continue moving up until the year with some healthy corrections within of course. And that could also include a drop to the 1400 range for a short term to test the bottom. $2000 at the end of the year is pretty realistic, maybe more.
May 16, 2017, 05:19:34 AM
why it should go down? just because you think the value is too high? or increased to fast? both are not true, first the value increased only by 40%, we had bigger increased in the past
remember the $200-->$400 or the $400 --->$700?, 40% is nothing not a bubble for sure i can say that 40% is a natural grow due to more adoption
many are still accustomed to the pump and dump of early days of bitcoin and can not see that the price will increase and be rock solid bat this current rate from now, due to more people accepting bitcoin
remember the $200-->$400 or the $400 --->$700?, 40% is nothing not a bubble for sure i can say that 40% is a natural grow due to more adoption
many are still accustomed to the pump and dump of early days of bitcoin and can not see that the price will increase and be rock solid bat this current rate from now, due to more people accepting bitcoin
Rapid adoption is short term expectation, and a lot of mass markets buying without education. After a couple weeks/month short term expectations and increase awareness of Bitcoin, including the current scaling issues, will trigger a large correction.
I guess you're talking about altcoins as Bitcoin is rising steadily and pretty slow compared to all the shitty stuff out there, if you have a look at the long term chart.Altcoins however are jumping to moon and beyond out of nowhere and without any fundamental reason.
Imo we will see alts crashing and a good piece of that money floods back into Bitcoin.
May 16, 2017, 05:09:14 AM
Crap OP with no chart analysis or in depth calculations. I'm guessing more so what the OP hopes happens in order for him/her to buy in cheap.
May 16, 2017, 04:34:27 AM
I think this prediction or topic is right because the price of bitcoin is ranging about to that price and now it is dumping and the summer is about to end and i think that the price of bitcoin will continue to go down and be stable at 1500 USD and it will take a few months to have a pump again. It is worth to wait than sorry.
May 16, 2017, 03:59:41 AM
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations.
May 16, 2017, 03:51:25 AM
You want to understand what's going on with the price? Read this: https://www.sec.gov/comments/sr-nysearca-2017-06/nysearca201706-1642431-146543.pdf
May 16, 2017, 03:42:52 AM
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
Whether it is high or low right now is really a relative concept, a few months ago a price of 1000 was considered high but now would be considered low. My point being there is no telling where the price will head and I think your analysis that it will go down later this year is really off because the interest for bitcoin has really surged lately. If the price rises with a surge in usage then it can't be called a bubble.
May 16, 2017, 03:35:43 AM
Here a quote from Poloniex, which is likely true for many other exchanges, including those that mainly deal with bitcoin:
"We have never seen such enthusiasm for trading blockchain tokens as we have in the past few months. Since January, we’ve seen an increase of more than 600% active traders online and regularly process 640% more transactions than we did merely 4 months ago."
This massive surge of new users that are all scrambling to take some pieces of several coins are causing the price to rise. Not coordinated pump n dumps.
"We have never seen such enthusiasm for trading blockchain tokens as we have in the past few months. Since January, we’ve seen an increase of more than 600% active traders online and regularly process 640% more transactions than we did merely 4 months ago."
This massive surge of new users that are all scrambling to take some pieces of several coins are causing the price to rise. Not coordinated pump n dumps.
May 16, 2017, 03:32:54 AM
It is in a bubble right now, which isn't good. It will drop.
May 16, 2017, 03:26:32 AM
Not even if more and more bitcoin users continue to grow in every country, I think though it will go down in the summer and it is no longer playing under $1200
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