Calm before the storm? | Bitcointalksearch.org

Rastanan

full member

Activity: 193

Merit: 100

Quote from: JITENDERPAR3 on August 03, 2016, 08:43:32 AM

i think your assumption of bitcoins price or rate that is about 800$ per btc is not wrong .
since no one can predict wheter the price can rise or fall but here it is to be noticed that the average rate of bitcoins are around 400-600$ this rate can change from below to above or above to below .
change of btc is mainly may be due to halving . halving shows its effect at the bit coin rates even about after one to two month .
so overall there is chance to increase the price about 800$/ btc
since this time the rate decreased so i am waiting for down more and then i will buy

The bitcoin price dropped to below $600 due to the Bitfinex hack. Other exchanges are fine, so the price will recover.

JITENDERPAR3

full member

Activity: 336

Merit: 100

i think your assumption of bitcoins price or rate that is about 800$ per btc is not wrong .
since no one can predict wheter the price can rise or fall but here it is to be noticed that the average rate of bitcoins are around 400-600$ this rate can change from below to above or above to below .
change of btc is mainly may be due to halving . halving shows its effect at the bit coin rates even about after one to two month .
so overall there is chance to increase the price about 800$/ btc
since this time the rate decreased so i am waiting for down more and then i will buy

Rastanan

full member

Activity: 193

Merit: 100

Quote from: miayama on August 03, 2016, 01:38:03 AM

The storm just happened. It seems the Bitfinex security was breached. The bitcoin price dropped a lot.

I think it could be a good time to buy the bitcoin as the price is low and it is just due to an exchange hack.

miayama

sr. member

Activity: 358

Merit: 250

The storm just happened. It seems the Bitfinex security was breached. The bitcoin price dropped a lot.

Rastanan

full member

Activity: 193

Merit: 100

Quote from: oceanriver on August 01, 2016, 01:07:59 PM

yeah, the price is going to grow a lot pretty soon, i think that the price is calm right now, soon bitcoin will be big

The bitcoin price is consolidating at the moment. It might stay at the current levels for the next few weeks.

oceanriver

full member

Activity: 223

Merit: 250

yeah, the price is going to grow a lot pretty soon, i think that the price is calm right now, soon bitcoin will be big

Rastanan

full member

Activity: 193

Merit: 100

Quote from: pitham1 on July 30, 2016, 09:21:42 PM

The scalability factor will get fixed sooner or later.
There are plenty of alts which offer superior privacy and are scalable, but still Bitcoin is miles ahead of them in terms of valuation.

That should be fixed in July. But today is already August 1st. So it might be delayed for a few more years.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: kwukduck on July 30, 2016, 05:21:20 PM

Quote from: 1Referee on July 30, 2016, 03:17:48 PM

Quote from: kwukduck on July 30, 2016, 03:14:10 PM

Quote from: CloudStrife on July 30, 2016, 12:17:27 PM

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

Everything will get taken care of eventually, I'm sure of that. Also, people know Bitcoin isn't anonymous and are fine with that as there are mixers to do the work for them.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: kwukduck on July 30, 2016, 05:21:20 PM

Quote from: 1Referee on July 30, 2016, 03:17:48 PM

Quote from: kwukduck on July 30, 2016, 03:14:10 PM

Quote from: CloudStrife on July 30, 2016, 12:17:27 PM

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

The scalability factor will get fixed sooner or later.
There are plenty of alts which offer superior privacy and are scalable, but still Bitcoin is miles ahead of them in terms of valuation.

kwukduck

legendary

Activity: 1937

Merit: 1001

Quote from: 1Referee on July 30, 2016, 03:17:48 PM

Quote from: kwukduck on July 30, 2016, 03:14:10 PM

Quote from: CloudStrife on July 30, 2016, 12:17:27 PM

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

virtualkeybuyer

hero member

Activity: 644

Merit: 500

I think in this week or two we will not see any bigger change maybe it will reach to $680 or $690 it the price started to increase, but a regular increase will start after august, at that time I hope that the buyers will increase and with the increased demand the price of bitcoin will also increase.

Kimi80

sr. member

Activity: 750

Merit: 252

After nice weather, storm comes and make chaos on the market. When storm passes, nice weather comes again. Its like that for years with bitcoins as I can notice.

Can someone tell me how much can bitcoin rise in future, is there end? Like 5000 dollars and that is what people wait, or bitcoin can worth much more? How can we know, I'm very confused how price go up or down so fast and often.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: kwukduck on July 30, 2016, 03:14:10 PM

Quote from: CloudStrife on July 30, 2016, 12:17:27 PM

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

kwukduck

legendary

Activity: 1937

Merit: 1001

Quote from: CloudStrife on July 30, 2016, 12:17:27 PM

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

CloudStrife

sr. member

Activity: 256

Merit: 250

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: Rastanan on July 30, 2016, 08:08:39 AM

Quote from: protokol on July 29, 2016, 11:58:22 AM

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

I think the bitcoin price will be around $660 in the next few weeks until one of the Ethereum is dead.

This long term stability push the price to $700 within few weeks and within months it will hit high, dragging ethereum and other alternatives down.

Rastanan

full member

Activity: 193

Merit: 100

Quote from: protokol on July 29, 2016, 11:58:22 AM

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

I think the bitcoin price will be around $660 in the next few weeks until one of the Ethereum is dead.

protokol

legendary

Activity: 1188

Merit: 1016

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: richardsNY on July 28, 2016, 03:53:45 PM

Quote from: miayama on July 28, 2016, 02:19:06 PM

Quote from: ~Bitcoin~ on July 27, 2016, 12:15:42 PM

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

I agree with that. Similar stability happend 3 to 6 months ago and the price rose quite a lot after that.

That was the time when people started to speculate about the block halving. I think every bit of price increase was related to people accumulating as many coins as possible for the upcoming block halving. Right now there is not much that people look forward to. Will be interesting to see how long this calmth will last.

The calm will probably last for a little while still, I don't think anyone will want to do anything with the value until all the traders start doing everything again in September. If anyone starts to trade earlier than that it probably won't mean much for the value of Bitcoin, and chances are there will be a lot of small fluctuations before anything happens for real. I'm just waiting for the market to decide whether or not it wants to go up or down, and whether or not those movements create a bubble or destroy Bitcoin. I'm thinking that it'll more than likely be a bubble coming up.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: miayama on July 28, 2016, 02:19:06 PM

Quote from: ~Bitcoin~ on July 27, 2016, 12:15:42 PM

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

I agree with that. Similar stability happend 3 to 6 months ago and the price rose quite a lot after that.

That was the time when people started to speculate about the block halving. I think every bit of price increase was related to people accumulating as many coins as possible for the upcoming block halving. Right now there is not much that people look forward to. Will be interesting to see how long this calmth will last.

Topic: Calm before the storm? (Read 3169 times)