Topic: I think the price will rise again above $400 (Read 6879 times)

Quote from: maydna on August 22, 2016, 03:49:30 AM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.

the next client will just contain the segwit code. it won't mean we will have larger blocks already just because this update. they will at some point pick a date as to when they will enable segwit. it can take months, or even till next year.

sempak

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bitcoin price currently stands at 570 USD. I believe at the end of this year, prices could bitcoin stands at 700USD. bitcoin fairly stable price movements and also not extreme.

BitHodler

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Quote from: Xestadar on August 22, 2016, 03:29:43 AM

Quote from: Kwiksave on August 20, 2016, 03:43:31 AM

Quote from: Xestadar on August 22, 2016, 03:29:43 AM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.

i hope so it will up to $600 and i hope its happen in this week. and for now the rate is $581-$584. it get so many dump and pump in the market. we'll see about that later, maybe tonight something will happen for a good news.

There is no point in waiting for good news as it doesn't affect the price anymore.

As long as the selling pressure doesn't decrease because of the demand going up, there is not much that we can do other than having patience.

maydna

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Quote from: Kwiksave on August 20, 2016, 03:43:31 AM

Quote from: Xestadar on August 22, 2016, 03:29:43 AM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.

i hope so it will up to $600 and i hope its happen in this week. and for now the rate is $581-$584. it get so many dump and pump in the market. we'll see about that later, maybe tonight something will happen for a good news.

Qutmin

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Quote from: Kwiksave on August 20, 2016, 03:43:31 AM

Quote from: Kwiksave on August 20, 2016, 03:43:31 AM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.

The next catalyst for the price rise will be the SegWit and the increase of the block size. There are no other news for the price rise.

Xestadar

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It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

That is right. The price will not be higher until the release of the next Core Client.

It might rise to $600 after the market accepts the new SegWit.

Kwiksave

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Activity: 102

Merit: 10

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

I do not think so. If there is no good news about the bitcoin, the price could trade around $550 for the next 6 months.

greatr

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Quote from: Kwiksave on August 17, 2016, 05:01:50 AM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the new bottom is 550 dollars, the price cannot go any more lower, to be honest in my opinion as we tested the lowest prices it should go up a lot soon

peta4e

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Quote from: Catmony on August 16, 2016, 01:47:49 PM

Quote from: noictib on August 07, 2016, 02:21:50 AM

now it is a time to fall down the price of the bitcoins and i also also think the fall of rates will continue to the end of this month and then it will increase .

That could happen if the altcoin market is still hot in the next few weeks. In the last few day, the price of altcoin has risen a lot.

I noticed the altcoin market is quite hot for the last few weeks after the Bitfinex hack. Maybe people are losing confidence in bitcoin.

People wants quick profits and altcoin is allowing them to do so at a moment and that is the reason people are investing their money in altcoin trading.

Kwiksave

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Quote from: Catmony on August 16, 2016, 01:47:49 PM

Quote from: noictib on August 07, 2016, 02:21:50 AM

now it is a time to fall down the price of the bitcoins and i also also think the fall of rates will continue to the end of this month and then it will increase .

That could happen if the altcoin market is still hot in the next few weeks. In the last few day, the price of altcoin has risen a lot.

I noticed the altcoin market is quite hot for the last few weeks after the Bitfinex hack. Maybe people are losing confidence in bitcoin.

Catmony

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Quote from: noictib on August 07, 2016, 02:21:50 AM

now it is a time to fall down the price of the bitcoins and i also also think the fall of rates will continue to the end of this month and then it will increase .

That could happen if the altcoin market is still hot in the next few weeks. In the last few day, the price of altcoin has risen a lot.

noictib

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now it is a time to fall down the price of the bitcoins and i also also think the fall of rates will continue to the end of this month and then it will increase .

Daneric

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The way I see it here is that this is a two-pronged issue with the price of bitcoin; Anything can happen and you wake up one morning and find the price below $200 or even much lower. On the other hand, you will also wake up one morning and find the price is above $1000 or even higher. What I am trying to put across is that the movement of bitcoin price is so unpredictable. At the moment, I don't see it stabilizing any soon an we should be prepared by drastic changes on either side.

Sanugarid

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Quote from: buyinbtc on August 05, 2016, 01:51:47 PM

It is end of July 2016 now. The price has been firmly above $400 for the last three months. I think the bottom is $600 now.

we haven't yet seen where the new bottom is. let us wait till the next correction and then we will see when it stops and what is the new bottom after halving.

the bottom is at 500 believe me, the price cannot drop any lower because it would be not profitable for miners to mine their bitcoins, though thats just my guesss

That is right. I think the price will trade above $500 in the next few weeks then it will rise above $600.

buyinbtc

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