Max Price of Bitcoin After Halving - page 2.

n691309

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Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

The price of bitcoin changes too often (today -$13) but the maximum price after the halving i think that it will be x2 which means that the maximum price can be ~1k. Last time the price didn't changed immediately, it was needed few months after the halving to see its effect.

TraderETH

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I think max of price is $600 before halving block because after halving block there is come dumpers hard, it is just my prediction

hasiramasenju

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actually nobody could predict the exact prices for bitcoin after halving but people only could for speculate
and such as people already predict that may be max price after halving would be reach approximately $1000

jukka

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halving should affect to the price at all. we have known the amount of total coins from the beginning!

Daneric

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The talk of blockchain halving is mostly propagated by speculators. Just like in trading of Forex and other commodities before a major announcement, there will be high volatility in the price a few days prior to halving and it will also last a few days after halving. Thereafter, the dynamics of the market will determine whether the price will go down or up. i don't think the price will go beyond $700 in the long term. Just thinking

Amph

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Quote from: virasog on June 07, 2016, 12:47:22 PM

Quote from: Wendigo on June 07, 2016, 12:44:15 PM

Quote from: Amph on June 07, 2016, 11:37:52 AM

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

I think it will fall till $500

no sense, how it can fall to 500, when 450 was basically rock solid for MONTHS

you guy apprently don't know about new bottom being always higher than the previous one and not by a tiny margin

you guys are repeating the same error, that many were doing when the price was 230, by thinking that any increase would have lead to a dump to the previous price

the true is that we went to 450 and we remained there...

virasog

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Quote from: Wendigo on June 07, 2016, 12:44:15 PM

Quote from: Amph on June 07, 2016, 11:37:52 AM

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

I think it will fall till $500

Amph

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Quote from: Wendigo on June 07, 2016, 12:44:15 PM

Quote from: Amph on June 07, 2016, 11:37:52 AM

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

because 1k is a mental barrier like $500 was, in fact when the 500 was broken recently, we went stright to 600 and we are still increase probably just wait

if we break 1k the same thing will happen, we will go much higher, the price will not crash back at these current level, simply because we are already rock solid at 450, for many months

Wendigo

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Quote from: Amph on June 07, 2016, 11:37:52 AM

under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

Mate the price will fall at any point when the long-term holders start selling off their stash. Why do you think the price will go from $1k straight to $2k? What if people are content with the $1k price and unload all their coins on the market and crash the price back to sub $500 level? One panic sell and the whole market goes into further turmoil because of the domino effect. The funny thing about the Bitcoin market is that there are no rules scrutinizing the market movements and you can't expect to base the future price on past events because past events are in the past and there is no correlation to the current market situation.

~Bitcoin~

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I see max at 800$ but 600$ as minimum entry price for halving, but we may see lots of dumping just after halving within week of halving.

Novalok

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It's going to be over 1K soon. The train has started and its going to be very hard to get it to stop.

ABCbits

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I'm sure bitcoin price will rise even more, but i think it won't reach $1K.
Also, we have to beware with massive dump/price manipulation after halving. Don't forget that some people plan to sell their bitcoin after halving to earn profit too.

jtalk

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Bitcoin is most unpredictable digital currency.I have opinion and expectations about price after halving will be above 500 $.In current situation even there will be huge increase what is happening right now.We will see stability above 500 $ and over all range can be between 500-650 $ for me as well.

SilverPunk

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The max price prediction for me is $650-$700 for the end of this halving and $800 till this end of december. But who knows ,there's a more chance of highering the price but not predicting too much.

chuyengia2244

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Bitcoins price rise as of late has been on very very low volume...... I think someone out there is just trying to fluff the price up a bit / manipulate it upwards in order to restore faith in the currency, it could endup being a fools errand for them.

Amph

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under 1k, because if we break 1k, nothing will stop us from reaching 2k

700-800 is a good estimate the best you can have

FandangledGizmo

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Bitcoin could clearly support a $400 price level for an extended period. So after the halving it could support $800 with the same level of demand if it gets there.

LTC is a good example. It clearly couldn't support much more than $60 million in the first half of 2015. While LTC rose a few months prior to the halving it has clearly been able to support $120 million+ since.

It appears BTC is already pricing in the halving as would be expected, so I would expect BTC to be able to sustain circa $800 if it gets there.

It could also overshoot and if it hits a new ATH in the process, then all bets are off. (Could go very high) That would probably require something like a another major Chinese devaluation or significant financial event around that general period.

BellaBitBit

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Quote from: panju1 on June 07, 2016, 11:09:30 AM

Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

This is becoming more apparent after see the last 48 hours of trading. If this recent surge was without a doubt due to the halving then it would be more stable or still steadily climbing. I am seeing strong resistance to the 600 mark which I would assume would be blown away if it was gearing up for the halving.

I agree that this increase was all China - running from the yuan.

Should be interesting to see what effect this current run up and possible run down may have on the halving. While this volatility is fun for traders, I personally do not think it is good for the growth and further adoption of the coin.

raphma

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Quote from: panju1 on June 07, 2016, 11:09:30 AM

Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

yeh, after the halving the pump will probabibly continues because of it. Just like the last bubble.
About the price, it's impossible to predict but i would expect at least twice as we have right now (between 800~1000USD) to compensate the farmers. Otherwise it will be doom.

Divinespark

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I think we will see $700 before halving, and an extremely volatile move into the $800 to 1000 range by the end of the year

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