Topic: Price of BTC? (Read 2557 times)

In a few months, we will have a few DApps to be introduced into the Ethereum network. That is what I heard.

If the Etheruem stable around the $8 level for a few months, and there is good development, the price willl rise.

i really doubt that ethereum has potential for the pric eto grow in my opinion and it will not have it any time soon because the bitcoin price will grow because of block reward halving

The price is in the correction stage now. I think it will stay here until we hear some more news about the development.

If there is active development of the Ethereum and the price will rise slowly to adjust to the value.

The exchange rate of Bitcoin is and always has been artificial. Mark Karpeles wasn't caught faking the price because he was the only one doing it. He was caught because his business failed and he faked the price to save himself. I would expect every exchange in the world to benefit from manipulating their order books. The real problem is that no individual, group or government has the responsibility of auditing Bitcoin exchanges and there are no laws governing them. I trust the current exchange rate of Bitcoin about as much as I would trust a car thief to watch my car.

The Ethereum price is high for a few months now. It is still more than 10 times of the price two months ago. When do you think the bubble will burst?

Ethereum is sitting far above its top right now. It's just a matter of time before it will tank and people start waking up into reality again. People that buy Ethereum right now are pure gamblers.

The price of Bitcoin is now good. It is not that low and not that high so that is very good.
We all hope of course that the value will rise for a long time.

i agree that it is pretty stable right now and it does not make any significant changes what means that people are losing interest in bitcoin as it is harder to make money with it

i honestly dont care about the price of the bitcoin as im interested in the whole technology not earning some money out of it

The price of Bitcoin is a bit stable and that is better than it will fall down. So that is very good for Bitcoin now.
But we all think that it will rise soon and that will be very good for those people who already has made an investment in Bitcoin.

Hopefully, ethereum is able to attract money from other asset classes apart from Bitcoin as well. In that case, some good will come out of all this. Just cannibalizing Bitcoin's market cap is bad for crypto currencies in the long term.

the price in the future will be much higher in my opinion, we just need to wait patiently and dont give up to those altcoins that want to take over bitcoin

i believe in bitcoin and i believe that it will change the world significantly, no other altcoin can do this to be honnest

I am not sure about the future price of bitcoin. But in short term, it will not rise much. People are sell this for Ethereum.

The price of BTC is now a bit stable and you can also now see that the value is rising slowly and that is very good.
I hope that it will rise for a long time so we can sell it, but you never know what can happen. It can also be fall down but lets hope for not.

I think the price is very difficult to determine when prices stabilized bitcoin, bitcoin prices may not be stable because the price is always up and down, we do not know when it was going up when it's going down

The price of BTC is now stable and that is okay. We all hope of course that the price will rise later in the future.
But it is hard to predict for what is going to happen and that is the problem. But I hope that we can all have some good profit.

If they want to support or not the bitcoin thats when the price for bitcoin will change. Miners will always profit no matter what happens.

Even for a miner, it is impossible to guess the price or the value of the bitcoin. It is all in the people's perception of the coin.

It's very difficult for a non miner to make a guess about the real value of 1BTC, but it depends on the pool that mines a block. If it takes them 3 hours to mine a block, then all costs made during these 3 hours will be divided by 25, and that will for that pool be the real price.

You cant determine as every hour the prices change, i think the price will stable when all of the bitcoin have been mined by the miners.

The price is consolidating at the moment, or we can say it is doing that in the last 3 months. After this period, it will go up a lot.

well we cant just say that the price will definitely go up at that time as there might be problems with bitcoin till that halving day and other cryptos can get more popular, also we cant say that its the best time to buy as the price is fluctuating and it can either go up or down at any moment

I think that the real price is the market price at every moment. To value it via electricity or effort is not really "price" IMO, as electricity can be wasted in lots of unvaluable things, like many altcoins are. Price is what someone is willing to pay by it, that's all.

The price has been below $420 for a large part of the day. If you are looking to buy yourself some coins then do it right now. Accumulation is the most important thing for people now. After the block halving the prices will go up and you will get less coins for your money.

Price of bitcoin today is very stable in 425.. I hope it will decrease more soon because i need to buy some bitcoin to increase my holding bitcoin..
So that i can make more profit before july comes..

it is impossible to predict whether the price is going to go up or is it going to be stable all the time, though i guess it will soon begin to grow

The price of BTC is now a little bit low and that is not good to sell it. You can better wait a while and sell it when the value is higher.
Maybe you can now do an investment and so you can make some profit later if the price is rising.

I honestly love pumps as it allows me to make a good amount of profit in a relatively short time. But if I have to choose one option for the future of Bitcoin, then I say give me a more steady but slower growth spreaded over several years instead of peaks.

I like the price to rise slowly due to its usefulness in transaction and storage of value. I do not like the big pump.

The price of Bitcoin is a little bit stable now. But you can see also now that the price is slowly rising and that is very good.
I hope later that more people will use Bitcoin and that they can also have some profit in the future.

The price is quite stable in the last two weeks. It is around $420 for some time. Hope it will rise in the future.

$600 is too pessimistic. I think the price will rise to at least $1000 by the end of the year. Having will come.

It has already crossed $400 today, but we want that the price should be more stable which will attract new users to invest their money into bitcoins, at a moment the price is quiet descent.

Price won't be stable soon, now it's 398$ but  i think that their price will rise to 600$or even more by the end of 2016

One of the very first published prices for BTC was based entirely on the electricity it cost to make it. Since then things have become a tad more nuanced. There are now so many factors tied up in it that the only way you can do it is to stick one up for sale and see if anyone meets what you're asking.

I don't think this is hit for btc! This is just hit for russians who must pay more fees to get 1 btc now.
Drug is illegal in every part of the world and you can find it everywhere..

BTC-e is banned in Russia from today. So the russian customers will not be able to trade for a while.

Another hit for BTC

There is one obvious trend, it is that the magnitude of highs and lows is decreasing. (more on this here: https://bitcointalksearch.org/topic/simple-price-analysis-and-metric-correlations-994411 )

If you look at the price on a "conventional" logarithmic graph you see that there is almost line between late 2010 and now. It looks like a logarithmic function when the y-axis is logarithmic. It looks like a straight line when both the y-axis AND the x-axis is logarithmic. This line is easiest to see when you look at the support levels, meaning, the lowest price it had in each period (e.g. $1 in 2011, $5 in early 2012, $10 in late 2012, $100 in 2013, $200 in 2014, $400 in 2016). This puts the lowest support level at close to $1000 in 2017. As you see the period which it takes for each increase gets longer. So post 2017 it might take several years for another jump. And post that it might take a decade for another jump.

Edit: To answer OPs question, it will become more stable the more time passes. As long as its usage keeps increasing, all other things follow, such as hashrate and its price. I think number of transactions is a good metric (other usage metrics are hard to find, such as merchant/darknet/online casino data) of bitcoin usage.

"many will buy and many will sell"  are you talking about exchangers` robots?


https://bitcointalksearch.org/topic/bitstamp-the-new-okcoin-20-volume-manipulators-fake-wall-observer-1205564

The price determination of BTC ain't possible at an exact level, but you can absolutely speculate on that subject...
Regarding the points you gave, yes I agree that mining is a "part" of price of BTC, but ain't a complete reason based on which price of BTC should be decided...
It's not just about the miners, we are all here as its part and so, everyone decides where the price should be, but it is impossible to predict because many will buy and many will sell, and the stable price you see will be a "break-even" point of their thinking...

The only real price of bitcoin is the price of the market. There can be to many values (prices) which are calculated beginning from several point of view. For example can be calculated the value (and from that the price) based at the cost of it production (the sum of all money spent to produce one unit of it). But no one is so real and true that the market price. This because the true value of everything is the value what someone is ready to pay to have it. According to the buyer the value which he is able to pay worth the value he will have from the bought product. Whatever can be such value. That mean that all the other values must fit this last because if the product cannot be bought at market is worthless. Whatever other kind of value may be calculated for it. If all the people will think that such product isn't worth for them this product will not exist more. So will have a zero REAL value. Even may have a big (for example) value based on the cost of its production.

The price will be never stable. Every value of every currency is determined by the supply and the demand for it. And both these factors are never fixed amount. Any currency is stable. Only those in centralized countries when the value of their currency is determined as fixed by the Government (Central Bank of that country) and is not based at the value based on the free market.

did you hear about fake volumes? what arbitrage ? Is this a regulated market to make aribtrage?

The exchangers are a joke. A bunch of so called cyber boys(most of them came from ex e-currencies like Liberty Reserve ...See BTC-e. The owners ran an exchanger for LR and many HYIPs too; same for Bitfinex and others.  

So, chill out with "arbitrage" and other brokerage terms when it's about Bitcoin )

http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/

http://www.coindesk.com/reality-chinese-trading-volumes/

http://www.coindesk.com/the-cftcs-not-so-hidden-message-traders-beware/

Did you heear for bots and arbitrage trading strategy?
Whole system is connected through bots, and when Okcoin starts to fall btc-e start to fall at the same time .

The value of Bitcoin and for anything is the price that people are willing to pay. This is even more true to Bitcoin, because the difficult will change when price changes, that is, when people invest more or less in mining

price always change very fast, dont expect it to get to a stable rate

The real price of anything is what you pay for it. It's one price on the exchanges and another price on localbitcoins but both prices are real.

When will the price of oil be stable? The price of corn? The exchange rate of yen to the dollar? Stability is based on too many factors for anyone on earth to give you a true answer. If they tell you they know they are either lying to you or to themselves.

Hashrate and electricity have little to do with the exchange rate of Bitcoin. They are factors in determining the value of being a Bitcoin miner. Price effects miners too but miners don't set the price.

The price is made by the exchangers(their investors). So, it is manipulated. Fake transactions, fake volumes.

How can you say that the BTC price is based by demand when the exchangers are separate firms but all of them have ALMOST the same price?!!?!? It's an exchangers` cartel.

The BTC price is fake

This is the price of decentralization! You don't have someone like government to inject value to create a bubble to achieve stability. Price is forming by demand, and demand is bigger and bigger and will rise at this point.
 

IMO, only the open market can determine the "true" price.

Well, I use preev.com for a average price from a few exchanges. I use that as a guide to see what the current price is. In regards to the volatility of the bitcoin price... hmmm it

is difficult to estimate, but the more people buying and owning bitcoins will distribute it more and then gives it more stability. Nothing stops a few whales from manipulating the

price a little, when it's not distributed between a lot of people. Most of the other answers you will find here ---> https://blockchain.info/charts

Also you can expect again lowest lows and highest highs!
Dumps on bad news and pumps.. This is never ending manipulation-pure greed!
Stable price will never be achieved.

The price of BTC will always be dictated by the market because it's a commodity that it's traded. If there's no much supply and high demand the value will rise and viceversa, it's that simple. If Bitcoin becomes a novelty in the next years due to becoming obsolete (perhaps because of a flaw or a new technology) then the value will be crawling on the floor. On the other hand if Bitcoin is adopted by the mainstream you can imagine what could happen, the sky would be the limit.

So you expecting every halving rise of min 100%?
Where we can find equilibrium?
If price always rise, in theory hashrate will be enormous,
So there will be no mining out of China?

real price imho, is based on the contorlled supply, that is the minimum that is needed to sustain the network, and that is the real value of bitcoin

if for every halving the value will not grow, you can only expect a reverse trend on the diff, which translate to an unsecure network, and eventually the real death of bitcoin

How can we determine real price of bitcoin?
When will price be stable?
Hashrate and price of electricity?