Topic: Price predictions for after the halving - page 2. (Read 7103 times)

Long-term bitcoin's price prediction is like trying to guess right numbers combination in the next Lotto draw.
You basically want to shout random number and cross your fingers that your theory will be right.
At this point in time, after halving we have rising tendency and almost zero negative news so it is safe to expect $1000 later this year.
Will it happen though, or maybe bitcoin is out of fuel to resume climbing?

While I think there is still a good chance to see the price dive below the $600 level for a very short time, there is nothing that indicates a drop all the way down to test the $500 level. It would be a sad thing if it really happened.

it would be really cool though the price is really unpredictable, i think that the price of the bitcoin is going to grow a lot in the near future but 20 per cent early seems to be too much

That seems to be a likely scenario. There is already 75% of all coins mined, enough to push the price down for a longer period.
Weak hands will join such a game sooner or later and that would mean a solid drop. I wouldn't be surprise to see a test of $500 support.

Chain reaction will take time to process, it won't happened that past because halving is done. You may expect to feel it after 3-4 months. The price might be good or bad. Still we don't  have any clue.

I speculate bitcoin is ready to go down soon. This is a good time to take a short position in bitcoin because the people who bought at this price level thinking the halving will make it rise over $1000 will begin to slowly realize that it won't happen this year. The price has to go down for now and it is healthy. The price went up too fast and it isn't maintainable to stay in this current price level.

So maybe $1200 was a little too much to expect in such a short period of time after the halving, but I am still confident Bitcoin will hit that price in the next couple of months. The reason I picked a high price was because I thought the chain reaction would happen quicker than it is happening as a result of the halving, but this delay may be a blessing. Since the price is stagnant right now, miners are hurting and are most likely closing their operations or stalling until they are able to get a higher dollar for their coin. Like some of you said, the supply and demand effect will kick in and trigger buying and a small price spike since less coin is available (minor panic buying). Also, the block difficulty will fall when miners quit mining (can be seen after last halving) which could create some turmoil among the mining community. Basically, it'll turn into survival of the fittest and whoever is able to hold out the longest will take advantage of the low block difficulty and generate all the coin. A cryptopoly if you will (excuse my terrible jokes). There's more to this theory such as Britain, Turkey, and Trump running for president, but I'll leave it at this so as not to clog up my thread any more than is needed. In other words, I stand by my prediction. I just made it too soon. There will be a significant price increase. Expect it. 

The bitcoin price will rise between 20 to 100% every year in the next 10 to 20 years if more people use it.

Price gonna be above our expectations in coming months and that is the reason I am holding my coins for higher price to earn higher profits from it.

It`ll grow because of its function.

It serves as a organic money transmitter - when we know and see countries that go into free fall like the british exiting the eu and other harsh periods.

That alone should be more reasons why - since it brings the people to have an option.

yeah, i think the price growth will keep on going from now on, if you checked the last prices after the first halving you would see that the bigger growth came after some time

Literally price jump prior to halving isn't because of the halving speculation. People just think of it as halving speculation since the event is coming. Because of this, the true reason isn't much that present to other and they didn't know much that it was all started because of attempted rally created by those big whales.

And you just think that there is no price rise since you are starting to take all the movements "after halving". But take a look how t



If more farms will be close then the production will be minimized. And because it will slow down, it will take the bitcoin price for an increase due to demands.

Yeah we may see higher price in coming months as price is rising slowly at a moment so I have a feeling that we can expect the same in next couple of months.

I think we are now expecting slow movement of the price because of block halving.. but if bitcoin will be in demand this follow weeks or months the price of bitcoin will increase more ..

I beg to differ. I predict that bitcoin will go back under $600 in the coming months. The speculation about the halving is over and the people who got in to make a profit from it will leave sooner or later since the halving really had no effect on the price.

I also expect to see the smaller bitcoin mining farms to close because of the lesser reward and unprofitability. This may bring bitcoin's price to a stand still or go slightly down.

well it is 11 days left till end of July, and price is still very stable, only 650$, so because of that, i am pretty sure that it won't be even close to 1200$ at end of month, to be honest, i would be surprised if price would be 900$ then, but i think that price won't rise ext 2 weeks for sure

and after these 2 weeks price will either rise or will fall down, and it is really hard to tell what will happen, if price will fall then it will fall to 400$ so, and if it will rise, it will go to 850$ but probably not more i think, but this is my opinion only

Price of bitcoin is quite stable for a long time around $650, now few days back minor increase has happened, which took price around $680. Possibly expect to reach $700 soon.

it's just another dreamer. i am quite sure that when the 12 to 24 months as he mentioned are over, he will look back at how far wrong his prediction is. maybe we won't even see the price reach a new all time high in 24 months...

50 times in last halving? can you show us how 

Price can't go 10 times within next 12 to 24 hours for sure, as it will take lot more new money to enter into bitcoin economy and marketcap should be increased by atleast 10 times to get 10x price.

10 times means reaching $6500 in only 1-2 years which i honestly thing is impossible to achieve in this short time.
besides you can't really compare rising from $10 to $50+ to rising from $650 to $6500 by just a simple multiplication. that doesn't work that way.