Can bitcoin rise up to 800$ this year ? - page 30.

dinda22

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Quote from: 1Referee on May 17, 2016, 02:15:42 AM

Quote from: Dr.Osh on May 17, 2016, 01:48:27 AM

Quote from: HarryKPeters on May 16, 2016, 06:19:49 AM

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)

Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

it is difficult to predict the price, anything can happen. but if we think realistically $800 really difficult to achieve. I also predict the price is not too far away. 600 is very likely to be achieved.

Cyaren

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It can definitely. But my guess is more in the $650-$700 region at the end of the year.

Last year we literally doubled in price. I'm happy with a 50% or 60% increase this year.

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Quote from: Dr.Osh on May 17, 2016, 01:48:27 AM

Quote from: HarryKPeters on May 16, 2016, 06:19:49 AM

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)

Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect Grin

The halving will really happen, not sure why you doubt about that. However, the impact of the halving may be very limited at this point. Better focus at a price of $600 for this year.

Dr.Osh

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Quote from: HarryKPeters on May 16, 2016, 06:19:49 AM

It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)

Well, better not expect the price to $ 800 so far this year. because it can make a big disappointment. but it is indeed possible if bitcoin prices rose to $ 800 this year. This can be evidenced by the increase in the price of bitcoin is slowly, and if only halving really happened, bitcoin price may be more than that. but better not expect Grin

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Quote from: harizen on May 16, 2016, 06:57:01 AM

Quote from: Denker on May 16, 2016, 05:44:16 AM

Quote from: coinzat on May 16, 2016, 04:04:16 AM

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

Well the adoption and bitcoin usage back in 2012 is far less in numbers compare for the 2016 halving. If the demand will be rise and miner's reward will drop it's really make sense to believe that it will increase the price but it doesn't mean it will reached to $800 before the year ends.

Yes absolutely right may bitcoin will have a price of $ 800 could be achieved between the end of this year or early next year.
I am sure now that bitcoin prices continue to rise.

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Quote from: Denker on May 16, 2016, 05:44:16 AM

Quote from: coinzat on May 16, 2016, 04:04:16 AM

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

Well the adoption and bitcoin usage back in 2012 is far less in numbers compare for the 2016 halving. If the demand will be rise and miner's reward will drop it's really make sense to believe that it will increase the price but it doesn't mean it will reached to $800 before the year ends.

HarryKPeters

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It's not realistic to expect this. Unless some enormous demand is created the market price will float arount the current price. So no 800 is more a figure we can see next year (hopefullY)

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Quote from: coinzat on May 16, 2016, 04:04:16 AM

it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

Doesn't matter.
When you check the charts of 2012 you will see that at that time before halving also nothing had happened.
And during halving and directly after there were also no effect to be seen.
Expect a bit of delay to see some significant increase in terms of price.A few months definitely I would guess.

coinzat

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it seems difficult to reach $800 this year because we are close to the halving and the price is still in the same levels from the beginning of this year with a slightly ups and downs. maybe it will happen next year

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Quote from: Nimbulan on May 15, 2016, 09:44:02 AM

Quote from: carlos1111 on January 20, 2016, 06:33:42 PM

i hope too

thing is that we all very hope for that, and i think that it is actually possible now with halving in July, you probably noticed that price rises these days, that is because everybody buys bitcoins for halving now

so price after halving should be 2 times larger than before, so we will be very close to 800$, and in 6 months till end of 2016 i think that price will rise enough to be above 800$

I don't think $800 is possible at the time of halving, we need to wait to see that price, bitcoin is not rising with good pace, rise is slow at a moment.

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Quote from: Denker on May 15, 2016, 08:32:42 AM

Quote from: randy8777 on May 15, 2016, 06:23:59 AM

Quote from: terman45x on May 15, 2016, 05:59:34 AM

Quote from: jerowacik on May 15, 2016, 03:55:01 AM

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

the $800 price level is out of reach this year. at every round price level such as $500/$600/$700 there will be a massive amount of resistance. even staying above the $500 price level will be a more than difficult target for this year. there is not much beside the block halving and maybe even the block size increase to give the price a push forward. both happenings are simply not enough to make the price come close to $800 in 2016.

Have we seen a massive amount of resistance at the 400s? No!
So why shouldn't there be the possibitlity to pass the 500 similarly easy and move up straight to 600?
It just needs a certain trigger, an event and the influx of fresh new money happens.Boom!
I'm not saying it's happening before halving or directly after it , but it will happen.Can we reach the 800? I don't know.But I wouldn't say it's not possible. I believe it is possible.But it won't be easy.And if it would be sustainable that's a completely different story.

What would make the new money to flow to Bitcoin that easily?
Why are you sure it will happen?
I see $500-600 as the ceiling this year, as there is very little on the fundamental side to support any rally.
All what we've seen so far is hype and thin air. That can give us some brief p&d, like the one in the last November.

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Quote from: carlos1111 on January 20, 2016, 06:33:42 PM

i hope too

thing is that we all very hope for that, and i think that it is actually possible now with halving in July, you probably noticed that price rises these days, that is because everybody buys bitcoins for halving now

so price after halving should be 2 times larger than before, so we will be very close to 800$, and in 6 months till end of 2016 i think that price will rise enough to be above 800$

Denker

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Quote from: randy8777 on May 15, 2016, 06:23:59 AM

Quote from: terman45x on May 15, 2016, 05:59:34 AM

Quote from: jerowacik on May 15, 2016, 03:55:01 AM

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

the $800 price level is out of reach this year. at every round price level such as $500/$600/$700 there will be a massive amount of resistance. even staying above the $500 price level will be a more than difficult target for this year. there is not much beside the block halving and maybe even the block size increase to give the price a push forward. both happenings are simply not enough to make the price come close to $800 in 2016.

Have we seen a massive amount of resistance at the 400s? No!
So why shouldn't there be the possibitlity to pass the 500 similarly easy and move up straight to 600?
It just needs a certain trigger, an event and the influx of fresh new money happens.Boom!
I'm not saying it's happening before halving or directly after it , but it will happen.Can we reach the 800? I don't know.But I wouldn't say it's not possible. I believe it is possible.But it won't be easy.And if it would be sustainable that's a completely different story.

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Quote from: Taratoor on May 15, 2016, 06:31:56 AM

i am hoping btc price will test 550$-600$ before halving

As indicated in the quote if we see the price at the range of $600 before the halving, sure we'll reach $800 by the end of the year. Because a small fluctuations will be there after halving which would take the price to cross $800.

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i am hoping btc price will test 550$-600$ before halving

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Quote from: terman45x on May 15, 2016, 05:59:34 AM

Quote from: jerowacik on May 15, 2016, 03:55:01 AM

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

the $800 price level is out of reach this year. at every round price level such as $500/$600/$700 there will be a massive amount of resistance. even staying above the $500 price level will be a more than difficult target for this year. there is not much beside the block halving and maybe even the block size increase to give the price a push forward. both happenings are simply not enough to make the price come close to $800 in 2016.

Imoote

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Quote from: terman45x on May 15, 2016, 05:59:34 AM

Quote from: jerowacik on May 15, 2016, 03:55:01 AM

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

Yes absolutely right we will be very hard to predict anything. The price would be affected by the situation at that time. So it was not certain. but I wish it could happen view the present situation which allows the bitcoin has a $ 800 price this year or next year.

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Quote from: jerowacik on May 15, 2016, 03:55:01 AM

I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

If we see price above $600 at the time of halving then I think $800 can be achieved by the end of the year, but nothing can be predicted about the price of bitcoin.

jerowacik

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I am pretty sure. bitcoin have great power. bitcoin will reach 800USD this year. and bitcoin will be one of the great powers in the media remittances in the world.

Edwardard

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Yeah why not. We are already above 400$ and after halving it will be doubled or even more.

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