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Topic: BTC at $435. Is it sustainable? - page 5. (Read 10824 times)

hero member
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April 21, 2016, 06:28:18 AM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is a nice price but I have to say that the price can be higher in my opinion. We are now on our way to $500 and I hope that we are going to reach that mark as soon as possible. We will have to see what these couple of months are going to bring us.

We are on our way to $500. But that could happen in a month or two. The price has not broken out yet.

Steady progress is good. I am not in for a quick break out and see the price crumble down to 400 again. We have to think about the bigger picture.
Bitcoin being a real alternative for people and investors as a currency and investment asset.
full member
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April 21, 2016, 05:37:29 AM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is a nice price but I have to say that the price can be higher in my opinion. We are now on our way to $500 and I hope that we are going to reach that mark as soon as possible. We will have to see what these couple of months are going to bring us.

We are on our way to $500. But that could happen in a month or two. The price has not broken out yet.
sr. member
Activity: 364
Merit: 250
April 21, 2016, 04:24:06 AM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is a nice price but I have to say that the price can be higher in my opinion. We are now on our way to $500 and I hope that we are going to reach that mark as soon as possible. We will have to see what these couple of months are going to bring us.
global moderator
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April 21, 2016, 12:20:53 AM
Of course 435 is sustainable, I think 450 & 500 is coming and will be sustainable until July.

OP makes this thread is long enough. but it is very appropriate that today we touched $435 again. I also believe we could touch $500 when close to halving.

Yeah, what a coincidence, at $435+ today, I think it will be sustainable, we even reach $440+ and it still keeps on going... So probably this will lead to $500 sooner next month if it continue to move up day by day..
sr. member
Activity: 363
Merit: 250
April 20, 2016, 09:27:36 AM
$440 next week maybe ??

From the recent price performance, it is possible for the price to be $440 next week. But I want it to stay there for a few weeks.
The most people are hoping of course that the value will be more worth and that is quite logic because they want to make some all profit and that would be nice.
The only thing is that nobody will know what the value will be of Bitcoin and that is the problem.
hero member
Activity: 644
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April 20, 2016, 07:11:51 AM
Of course 435 is sustainable, I think 450 & 500 is coming and will be sustainable until July.

OP makes this thread is long enough. but it is very appropriate that today we touched $435 again. I also believe we could touch $500 when close to halving.
legendary
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April 20, 2016, 07:02:35 AM
Of course 435 is sustainable, I think 450 & 500 is coming and will be sustainable until July.
sr. member
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April 20, 2016, 07:01:00 AM
$440 next week maybe ??

From the recent price performance, it is possible for the price to be $440 next week. But I want it to stay there for a few weeks.
sr. member
Activity: 1192
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April 20, 2016, 04:58:50 AM
$440 next week maybe ??
legendary
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April 20, 2016, 04:21:01 AM
First time I see rate stayed at $435 for a few hours and go up to $437 at preev rate. If this is because of the halving then that's good we might see $500 at the end of this month.
sr. member
Activity: 350
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April 20, 2016, 03:49:55 AM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is but I hope that it is going to rise again because I am ready to sell some Bitcoins and this is not going to give me much of a profit. It has to reach $500 sooner or later but I do not want to wait much longer any more.
full member
Activity: 239
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April 20, 2016, 03:32:16 AM
Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.
You can say that price is rising gradually, not at the high speed that is suspected. The reason maybe people holding more bitcoins and not spending yet. But this more sustaining price is good for higher prices always.

The higher is the price, the better for the investors.

But there is a limit of the price. It is determined by the mass adoption of the coin. If it is used everywhere, the price will be higher.
hero member
Activity: 644
Merit: 500
April 19, 2016, 01:00:15 PM
Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.
You can say that price is rising gradually, not at the high speed that is suspected. The reason maybe people holding more bitcoins and not spending yet. But this more sustaining price is good for higher prices always.

The higher is the price, the better for the investors.
legendary
Activity: 966
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April 19, 2016, 12:32:45 PM
Of course. this price is not so much so it is sustainable as a middle ground for the price.
I believe it will stay this way until the halving comes in to play. But not moving until then.
legendary
Activity: 896
Merit: 1000
April 19, 2016, 12:32:27 PM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Comparing the month you posted that in December it is pretty much the same situation now, the price currently is $430, I think that the price will be increased this month probably at $460 (in less than 2 weeks)

it's nice to see that the price remained quite stable during the last months. it's a great thing for people that use bitcoin as store of value. but not so good for people that hope to make some profits while trading.
legendary
Activity: 1526
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April 19, 2016, 12:29:21 PM
Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Comparing the month you posted that in December it is pretty much the same situation now, the price currently is $430, I think that the price will be increased this month probably at $460 (in less than 2 weeks)
hero member
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April 19, 2016, 05:22:06 AM
A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.

The sustainability of bitcoin around the price of $410 - $420 is over. Now its time for a rise towards $450, but currently it has grown little and stabilizing between $430 - $435.
legendary
Activity: 994
Merit: 1000
April 19, 2016, 01:45:26 AM
A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.
I am only seeing some good news will only come as with upcoming reward halving on july. Even 600$ can be stable price during halving so still bitcoin is undervalued.
member
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April 18, 2016, 04:12:45 PM
A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.
legendary
Activity: 1036
Merit: 1000
April 18, 2016, 04:10:44 PM
It's very obvious that 435 is NOT sustainable at this point in time. We hit 435 very briefly on April 16th but since then it's been dropping, currently at 428. What's interesting is it's struggled to hold 430 on a good volume of trading.
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