Yes Bitcoin has dropped a bit, but the loss compared to the MtGox hack is much lower.
(I would have to dig up the exact loss in value)
This is a really good thing because it shows how much more stable the currency is.
Hopefully the price steadily increases $700 by the end of the year and I will be more than happy. ")
Topic: What did I tell you? BTC will stay down under $600 - page 10. (Read 11044 times)
This is not a brag and it is not a prediction. I am just trying to tell everyone what is happening right now. Bitcoin has to go down a little bit more and be accumulated at a lower price before it can go up again. It is still a seller's market right now so why risk buying now when you can buy at a lower price?
Also I can be wrong because there could be a pump coming. But with all the variables staying the same we might not see this go up above $600 for a while.
Also I can be wrong because there could be a pump coming. But with all the variables staying the same we might not see this go up above $600 for a while.
You should know that bitcoin is a crypto currency, and if in this time, it is down, so why you worried about it, also bitcoin is under $500 to $600, so it is not too much low price which we take tension. Also the time is not far when bitcoin will be going to up. But one think is clear, that bitcoin is not going to dead, so use you sense and look at the reality, nothing is wrong.
No. I would prefer to put money in a stable altcoin than short on margin. Trading on leverage is the fastest way to make money but also the fastest way lose your money. Believe me, I have tried it once and only once. Never again.
But let us get back on topic. How can you deny that BTC is going sideways-slightly down right now and could stay under $600 until the end of the year or later. I am not saying that it is a bad thing. It is actually good because it needs to be accumulated first before it can go up again.
But let us get back on topic. How can you deny that BTC is going sideways-slightly down right now and could stay under $600 until the end of the year or later. I am not saying that it is a bad thing. It is actually good because it needs to be accumulated first before it can go up again.
I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come. 
Talk is cheap, while there are still four months remaining till the end of the year, anything can happen... Are you ready to put your money where your mouth is?
So how much are you going to stake exactly?
How can I put my money where my mouth is when I said BTC will not go over $600 until the end of the year or maybe more? I will buy lower when BTC is at bargain prices. Right now especially after the Bitfinex hack I'll wait it out.
I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.
Talk is cheap, while there are still four months remaining till the end of the year, anything can happen... Are you ready to put your money where your mouth is?
So how much are you going to stake exactly?
How can I put my money where my mouth is when I said BTC will not go over $600 until the end of the year or maybe more? I will buy lower when BTC is at bargain prices. Right now especially after the Bitfinex hack I'll wait it out.
*yawn* fkn noobs.
They think they've got it all figured out.
I'd rather trust Aminorex's monkey. It's a little more experienced.
I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.
Talk is cheap, while there are still four months remaining till the end of the year, anything can happen... Are you ready to put your money where your mouth is?
So how much are you going to stake exactly?
I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.
And then congratulations, want us to called you a trading expert?
You predict too the Bitfinex hack prior to the price decrease?
It feels good to have a right prediction after all especially if people wouldn't want to listen to you at first But if the Bitfinex hack didn't took place, I think we would still hover over $600 as I'm writing this comment. The only reason I see for the price decrease was the hack, and not actually traders or whales pulling the trigger to end the $600 party. Suppose that no other big events happened aside from the hack, do you think you'd come here and post this? No?
Not to mention that we still have 4 months left before the year ends. Might want to consider what you're bragging about.
But if the Bitfinex hack didn't took place, I think we would still hover over $600 as I'm writing this comment. The only reason I see for the price decrease was the hack, and not actually traders or whales pulling the trigger to end the $600 party. Suppose that no other big events happened aside from the hack, do you think you'd come here and post this? No?Not to mention that we still have 4 months left before the year ends. Might want to consider what you're bragging about.
I think in year 2016 bitcoin price, every one bitcoin is still 500 - 600 its for me still good price
but i hope in end year 2016 in price bitcoin 800 dollar
and next year 2017 1000 dollar every one bitcoin
but price still in range 500 - 600 its enough and get for my heart very happy
but i hope in end year 2016 in price bitcoin 800 dollar
and next year 2017 1000 dollar every one bitcoin
but price still in range 500 - 600 its enough and get for my heart very happy
don't hope bitcoin price reach to $1000 again
after hack bitfinex suply market in sell bitcoin over, so price is 650-800dollar is very good
you can see price althouht after halving same time bitfinex hack
halving can't up because supply market sell is high after bitfinex hack
I think it will move above $600 this year. It could drop back down, but I think we will continue to see increases some for the remainder of the year.
although bitcoin is trading below 600$ for a long time but to me it is still good in favour of bitcoin, as the price recover from 500$ very soon after a panic fall down. but now to me the price of bitcoin will start increase and can easily cross 600$ level with in few days. I think in year 2016 bitcoin price, every one bitcoin is still 500 - 600 its for me still good price
but i hope in end year 2016 in price bitcoin 800 dollar
and next year 2017 1000 dollar every one bitcoin
but price still in range 500 - 600 its enough and get for my heart very happy
but i hope in end year 2016 in price bitcoin 800 dollar
and next year 2017 1000 dollar every one bitcoin
but price still in range 500 - 600 its enough and get for my heart very happy
Don't think too lightly about the price reaching $1000 again. It needs a lot buy support in order to maintain its position above the $700 level. Another important thing is that we don't have the block halving anymore that people can look forward to and hope it will sky rocket the price. Without any hype or a helping hand from an exchange, it's very difficult to get enough buying power to lift the price back up to +$700 again.
The hack of Bitfinex played a part in bringing Bitcoin's price down.
Once that fades from memory, the price might inch forward again back to over $600-$700
I think the Bitfinex hack accounts for 50% of the downwards spiral we have seen lately. The other 50% is just normal market behaviour as after the halving there is not much to look forward to. People selling will cause the price to go down slowly. For me personally, anything above $600 is great.
Nice uptrend, I think we will see good moves in the next weeks.
what uptrend are you talking about? the few bucks that the price has gone up today? that's not an uptrend, but just a normal market movement. what if the price goes down a few bucks, are we then in a downtrend according to you?
Nice uptrend, I think we will see good moves in the next weeks.
what uptrend are you talking about? the few bucks that the price has gone up today? that's not an uptrend, but just a normal market movement. what if the price goes down a few bucks, are we then in a downtrend according to you?
This is not something evil for us who are familiar with both the growth of the bitcoin (price). for we must be more proud when the price very low or down bitcoin, because during that time we can more freely to invest as much as possible and keep it, after that do the selling when the price very high bitcoin
Nice uptrend, I think we will see good moves in the next weeks.
what uptrend are you talking about? the few bucks that the price has gone up today? that's not an uptrend, but just a normal market movement. what if the price goes down a few bucks, are we then in a downtrend according to you?
In case you didn't notice bitcoin's price is always going up near end of a year. This cycle is so far constant and present every year - just check bitcoin price charts.
So claiming that bitcoin will stay under $600 at the end of this year in August is either trolling/wishful thinking based on pure fantasy.
So claiming that bitcoin will stay under $600 at the end of this year in August is either trolling/wishful thinking based on pure fantasy.
I disagree. In the year 2014 there was not really a meaningful increase at the end of that year. Also your conclusion that BTC will increase at the end of the year just because it has increased in the past is lol. What kind of an analysis is that? Even if there was enough data to establish a statistical correlation, which there aint, between a price increase and the months of Nov and Dec, remember correlation is not causation. There will always be times of prices staying low in Nov and Dec.
Nice uptrend, I think we will see good moves in the next weeks.
i don't think so, but i hope so
there are so many things going on with bitcoin right now that i don't think we can see a new rise any time soon and there may even be some more dips but the soonest time i think is the mid next month.
Nice uptrend, I think we will see good moves in the next weeks.
I don't think this was going under $ 600 if this hacking of Bitfinex was not taking place. Halving of blocks had taken price above $ 660 level and it could be stable there as was seeming with correction and consolidation but was not dropping this much. We will see bounce back in coming weeks and price will be above $ 600 mark once again for sure.
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I think it will move above $600 this year. It could drop back down, but I think we will continue to see increases some for the remainder of the year.
i am thinking the same, maybe in the end of this year, in november - december like last year. in 2015, in both month, the rate was fall into deep, but it raise again after january-february if i am not wrong. so lets see what will happen in the market, and i wish its not go down too far because if its yes, then market will panic sell and the rate will fall too deep than before.
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