Topic: Calm before the storm? - page 3. (Read 3169 times)

Quote from: Slark on July 18, 2016, 02:14:35 PM

We need to wait for a few more months. The bitcoin price is consolidating after the big rise in May and June.

Consolidating aka accepting new post halving reality. I heard this term many times recently because it is the only thing bitcoin price analysts are talking about
Bitcoin tried to hit the $680 mark yesterday and failed. I think that ~$660 price is new stable point. Maybe it is a good time to buy?

I`m seeing more of the global events and seeing where we are in the progress with the etf stuff.

The global events like turkey failing is whats making me more anxious towards bitcoin.

Turkey falling apart, Brexit, Greece and similar countries strugglin' for survival, China economy falling apart.. This all just proves that no fiat is safe in the
long run, and that's where investment opportunities like bitcoin come to the rescue.
I expected a lot higher prices by this date, but it seams that we will have a delayed market reaction after all, because pressure is obviously rising.

Cereberus

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Quote from: quake313 on July 18, 2016, 03:20:34 PM

We need to wait for a few more months. The bitcoin price is consolidating after the big rise in May and June.

Consolidating aka accepting new post halving reality. I heard this term many times recently because it is the only thing bitcoin price analysts are talking about
Bitcoin tried to hit the $680 mark yesterday and failed. I think that ~$660 price is new stable point. Maybe it is a good time to buy?

Price of bitcoin seems stable nowadays at 650-680 USD. We cannot expect the halving effects to be felt so early, it has just passed a few days since it happened. I agree too that we need to wait a few months to see a price rise. I think this is still a nice time to buy bitcoin. Bitcoin price in the future should go up. It really seems like a calm before the storm. I see this happening in a few months.

mark coins

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Bitcoin is back in the "who really knows" territory. The place it spends most of its time. Overall, I expect the price to increase, the questions being, how, when and by what amount.

That is a big question mark as no one knows what will be the price of bitcoin in coming days either it will be higher or lower but majority of community feel that price will rise in coming months.

quake313

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Bitcoin is back in the "who really knows" territory. The place it spends most of its time. Overall, I expect the price to increase, the questions being, how, when and by what amount.

mrhelpful

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Quote from: Slark on July 18, 2016, 02:14:35 PM

We need to wait for a few more months. The bitcoin price is consolidating after the big rise in May and June.

Consolidating aka accepting new post halving reality. I heard this term many times recently because it is the only thing bitcoin price analysts are talking about
Bitcoin tried to hit the $680 mark yesterday and failed. I think that ~$660 price is new stable point. Maybe it is a good time to buy?

I`m seeing more of the global events and seeing where we are in the progress with the etf stuff.

The global events like turkey failing is whats making me more anxious towards bitcoin.

Slark

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We need to wait for a few more months. The bitcoin price is consolidating after the big rise in May and June.

Consolidating aka accepting new post halving reality. I heard this term many times recently because it is the only thing bitcoin price analysts are talking about
Bitcoin tried to hit the $680 mark yesterday and failed. I think that ~$660 price is new stable point. Maybe it is a good time to buy?

richardsNY

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I think this month we might see the price reach $700 as the highest point, but other than that there is not much special to expect in the coming weeks and months. I just hope for the price to go up slowly as that makes the chances higher of seeing it being maintained for a longer period.

Rastanan

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We need to wait for a few more months. The bitcoin price is consolidating after the big rise in May and June.

NAMBLA Scientist, the

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Quote from: NAMBLA Scientist, the on July 11, 2016, 07:23:16 PM

Quote from: 20kevin20 on July 12, 2016, 02:01:06 AM

>$800 within a week or 2 is my prediction.

< $600 within a week.

May I ask on what you base this assumption that price will drop? Because every charts, market tendencies and price analytics say otherwise.

Huh?
BTC exchange volume: $84 mil/24hr, lowest I can remember. https://coinmarketcap.com/

Brexit, “bitcoin's coming out party as a global safe haven investment. Amazing." according to Barry Shillbert. Reality: Bitcoin price down over $100 on results. Talk about disappointment.

The Halvening pump is over.

U.S. stocks zoomed to their first record high in more than a year on Monday. http://money.cnn.com/2016/07/11/investing/stocks-record-high-dow-jones-sp-500/
So much for the "shit economy" backstory.

I stand behind my prediction:

Quote

See this, OP?

This is what you'll be riding for the rest of your life with predictions like that.

< $600 within a week.

mishra1994

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i also want bitcoin price to become more stable.Right now halving has not effected it much.but i think it will increase slowly in the upcoming days.Yes 800$ this month is not possible according to me may be till end of August it will reach 800$

1Referee

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I don't mind this current stability in the price. But yes, the market is waiting for something as there is no clear direction of where to go. My guess is if this takes a few days more, that some whales will start with dumping out of boredom. Can't see the price reach $800 this month. I of course hope it does, but chances are small.

mkc

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Quote from: Coinnosaurus on July 12, 2016, 01:48:09 AM

Quote from: NAMBLA Scientist, the on July 11, 2016, 07:23:16 PM

Quote from: Coinnosaurus on July 12, 2016, 01:48:09 AM

>$800 within a week or 2 is my prediction.

< $600 within a week.

May I ask on what you base this assumption that price will drop? Because every charts, market tendencies and price analytics say otherwise.
We won't be seeing $800 I guess, but $680-$700 is real target here. Market seems consolidated and ready to resume climbing.

Reference: https://www.cryptocoinsnews.com/bitcoin-price-consolidating-640/

I wouldn't rely on analysis from media ,they want you to see what they want

That's right. A few weeks/months before Brexit, everyone said it's going to be a Leave vote. Two days before Brexit, 'new polls' and analysis showed that the Leave supporters will loose, so Brexit won't happen. That was incorrect. Soros told us that there will be no Brexit just before he bought gold, so why would he do it if he bought gold? Because he already had the information that it will. Nobody except the elites know what's happening to the currencies, and they do because they can control them in any moment they want, the way they want to.

I concur that we should not relies on analysts.
But triangle consolidation is neutral, price may go up or down once it break out.

20kevin20

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Quote from: NAMBLA Scientist, the on July 11, 2016, 07:23:16 PM

>$800 within a week or 2 is my prediction.

< $600 within a week.

May I ask on what you base this assumption that price will drop? Because every charts, market tendencies and price analytics say otherwise.
We won't be seeing $800 I guess, but $680-$700 is real target here. Market seems consolidated and ready to resume climbing.

Reference: https://www.cryptocoinsnews.com/bitcoin-price-consolidating-640/

I wouldn't rely on analysis from media ,they want you to see what they want

That's right. A few weeks/months before Brexit, everyone said it's going to be a Leave vote. Two days before Brexit, 'new polls' and analysis showed that the Leave supporters will loose, so Brexit won't happen. That was incorrect. Soros told us that there will be no Brexit just before he bought gold, so why would he do it if he bought gold? Because he already had the information that it will. Nobody except the elites know what's happening to the currencies, and they do because they can control them in any moment they want, the way they want to.

Coinnosaurus

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Quote from: NAMBLA Scientist, the on July 11, 2016, 07:23:16 PM