Topic: bitcoin prices jump to $600+ in... - page 2. (Read 7124 times)

Quote from: neonshium on July 30, 2016, 11:58:24 AM

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

It would seem that the $600-$700 price range would be more realistic that dropping to $500 or going up to $1000.
There's really nothing we can do but wait and see what will happen.

Sure, it is really hard to have any educated guess when the next pump may happen. But I think some testing of the support after halving wouldn't be that unexpected. How low it can go, that is another question.

There is quite hard support around the price of $500. That is the mining cost of many small farms.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: richardsNY on July 29, 2016, 07:42:31 PM

Quote from: richardsNY on July 29, 2016, 07:42:31 PM

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

It would seem that the $600-$700 price range would be more realistic that dropping to $500 or going up to $1000.
There's really nothing we can do but wait and see what will happen.

Sure, it is really hard to have any educated guess when the next pump may happen. But I think some testing of the support after halving wouldn't be that unexpected. How low it can go, that is another question.

neonshium

hero member

Activity: 1134

Merit: 515

Quote from: richardsNY on July 29, 2016, 07:42:31 PM

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

It would seem that the $600-$700 price range would be more realistic that dropping to $500 or going up to $1000.
There's really nothing we can do but wait and see what will happen.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: richardsNY on July 29, 2016, 07:42:31 PM

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

I think price reach by $900 at the year end. I don't expect any bugs in the middle and probably there is no chance for the price to fall below $600.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

I guess once the real correction starts (whales putting a selling pressure, not like now, a real one), the weak hands will join the game and start cutting the losses.
This may go as far as 20-30% from where we are now, thus my price target.

richardsNY

legendary

Activity: 1232

Merit: 1091

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

While I agree that we won't see the price reach $1000 this year, I don't see the price go back to the $500 level. What makes you so sure of the price going back to $500? I am more thinking in terms of the price bouncing between $600-$700 for quite a long time.

ontrackk

sr. member

Activity: 336

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

well that would be really cool though i dont thing that the price of it might grow that much just because of segwit though i guess the time will show

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

I don't think, we will go anywhere close to $1000, before testing $500 first. To me it is much more likely right now to see a solid sell off, rather than to resume further climbing.

Visbay

sr. member

Activity: 1236

Merit: 252

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

There is a small possibility for the bitcoin price to go to $1000 late this year. The SegWit might come out.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

I don't think we will go to $1k this year. I pretty much can imagine the scenario in which we already saw the top for this year.

greBit

hero member

Activity: 714

Merit: 500

Yes $600 has been passed now .its a great thing for us now and a good news that as early as now it happens .i will not expect now but i am waiting for the next awaited price mark up.

Nobody expected that bitcoin will reach there so fast and that is the reason people have now more expectations from bitcoin and everyone is hoping to see price of $1k at halving.

Visbay

sr. member

Activity: 1236

Merit: 252