Pages:
Author

Topic: When do you expect prices to fall - page 7. (Read 8963 times)

legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
August 15, 2016, 02:52:02 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
thats true i really doubt that the price is going to go up pretty soon, in my opinion it is going to get back to the big prices it was before the dump
the price must go up pretty soon if we want to see bitcoin strong, if it is going to be low a lot of users will just quit as it doesnt earn them money
legendary
Activity: 2842
Merit: 1253
August 15, 2016, 12:29:22 PM
bitcoin prices has already crossed $700 as expected.Now as the halving is nearly arrived,what you guys think about its prices? will they fall or rise further?

Well bitcoin price is declining right now.  So what do you think?  Price fall is happening right now, maybe this is due to some exchange closing incident or whatever we don't know.   When things subsided and price stable for some week, we might expect an increase in price.  Bitcoin price recovery phase might happen next.
legendary
Activity: 3136
Merit: 1233
August 15, 2016, 11:24:18 AM
I don't expect the fall anytime soon. It is low enough and if your holding any now is the right time to hold on to them a little tighter to weather the storm.
sr. member
Activity: 357
Merit: 250
August 15, 2016, 11:21:26 AM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
i guess fall down to the level $550 still good rather than stable prices but can not pass the $ 600 from my point of view it's like being manipulated so very confused as to whether it is time to buy or sell.
yeah, it wouldnt be terrible for the bitcoin price if then it is going to be steady, in my opinion the price is going to recover then after some time

When people forget about the Bitfinex hack, the price might recover. If people have good memory, the price will stay low.
sr. member
Activity: 337
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
August 14, 2016, 03:49:47 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
i guess fall down to the level $550 still good rather than stable prices but can not pass the $ 600 from my point of view it's like being manipulated so very confused as to whether it is time to buy or sell.
yeah, it wouldnt be terrible for the bitcoin price if then it is going to be steady, in my opinion the price is going to recover then after some time
hero member
Activity: 518
Merit: 500
August 14, 2016, 02:59:58 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
i guess fall down to the level $550 still good rather than stable prices but can not pass the $ 600 from my point of view it's like being manipulated so very confused as to whether it is time to buy or sell.
sr. member
Activity: 406
Merit: 250
August 14, 2016, 02:36:32 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
thats true i really doubt that the price is going to go up pretty soon, in my opinion it is going to get back to the big prices it was before the dump
legendary
Activity: 1232
Merit: 1091
August 14, 2016, 02:01:33 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.

Sub $500 prices are a bit too low right now. That however doesn't mean we won't see the price fall down a bit lower. My guess is that the low will be somewhere around the $550 level. If it goes lower than that, then we'll be heading to very low $500's again.
legendary
Activity: 1218
Merit: 1007
August 14, 2016, 12:51:40 PM
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
Bitcoin is more than likely not going to go down below $500, and I would be incredibly surprised I Bitcoin does go below $500. Something like that would be a massive dump of epic proportions, and I would be starting to worry about the future of Bitcoin as a financial tool.
hero member
Activity: 798
Merit: 1000
August 14, 2016, 12:09:11 PM
#99
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.

Yeah price will not go below $500 for sure and if it goes then it will be a panic situation for majority of us but lets hope it will rise in coming days and cross $600 very soon.
legendary
Activity: 994
Merit: 1000
August 14, 2016, 06:06:00 AM
#98
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
I don't think we will be seeing price below 500$ soon as at those range there was strong buy support which we have already seen on huge dump after bitfinex got hacked. Price may steadly rise to 800$ after few months.
sr. member
Activity: 462
Merit: 250
August 14, 2016, 02:39:26 AM
#97
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

the bitcoin "market" is predictable enough to know what is going to happen, however the thing that is unpredictable is all other things that can affect the price for example this recent bitfinex hack was unpredictable but the market reaction to it is predictable.

Yup even I can't predict the price of the bitcoin because people can speculate the price but all those will not happen out Recently many of us speculate the halving price but it's failed in speculations. Better let that happen and we ll enjoy with it.
hero member
Activity: 672
Merit: 500
August 14, 2016, 02:28:35 AM
#96
Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Yeah news like bitfinex cause a serious dent in the progress of the up going prices. Although we are back at 600$ but i am sure few of the investors would have quit bitcoin because of that incident.

No, I don't think people would have quit bitcon for that small reason, as price didn't fall extremely, it was just an little crash and now again it has started to go up so nothing to worry.
hero member
Activity: 588
Merit: 500
August 14, 2016, 01:03:07 AM
#95
Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Yeah news like bitfinex cause a serious dent in the progress of the up going prices. Although we are back at 600$ but i am sure few of the investors would have quit bitcoin because of that incident.
legendary
Activity: 3472
Merit: 10611
August 13, 2016, 11:02:42 PM
#94
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.

the bitcoin "market" is predictable enough to know what is going to happen, however the thing that is unpredictable is all other things that can affect the price for example this recent bitfinex hack was unpredictable but the market reaction to it is predictable.
hero member
Activity: 924
Merit: 1001
August 13, 2016, 07:38:38 PM
#93
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
How do you know that the price of bitcoin will drop at that price? 400 value its impossible to happen.. i think the price will be stay at 500 value and the price should be increase these following months..
hero member
Activity: 966
Merit: 507
August 13, 2016, 07:29:13 PM
#92
The bitcoin market behavior has become so unpredictable that it is almost impossible to foresee its future price in the long and medium run. But at this point I am mentally prepared to face a huge drop towards the $400 level in few months, though a pump to $800 is equally possible.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 13, 2016, 04:53:10 PM
#91
Not a pro on TA or even simple speculating, but judging from the events prior to this rise, it would remain stagnant for weeks (since there are no major events helping the price go up or down) until something would 'shock' the market that could decide whether this market would go up or down. We all know for a fact that traders who stocked loads of btc during $200 ranges are pretty much in profit right now and could care less on what would happen next. They could just short some or hold long on their positions. Again, without some major events in the scene, there would be no drastic changes in price.
legendary
Activity: 2170
Merit: 1427
August 13, 2016, 03:37:35 PM
#90
I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

I think so. The bitcoin price has been stable for some time, like that in the January to May, before the huge rise.
not the current price is not stable, the price has recovered up after the case bitfinex but the current price movement is very slow and looking not able to pass $ 600

There is no buy support and incentive to push the price over the $600 price level, and to keep it there. If this continues, then I think the price will fall down a bit lower in the coming week.
hero member
Activity: 518
Merit: 500
August 13, 2016, 03:00:47 PM
#89
I think so. The price will start moving up in the next few weeks. The price could be even $900 by year end.

Really next week? Any strong basis or claims?

Each time some bad news comes out the price reacts accordingly. The recent bitfinex hacking is the latest of the bad news that brought the price down by more than 10% in one day. The only good thing about that is the price recovered a big part of that loss right away. Good for those who took advantage when the price hit $500 as it is now going up back again to the high $500s, even close to $600 at that.

Bad news testing out the support of the community if it will be properly established a good support for a certain range. Look how the price behaves with the recent bad news. Can't considered as a big price dip in my own view.

There is no bad news to drop the price at the moment. The price of bitcoin could hover around the $590 for some time.

I think so. The bitcoin price has been stable for some time, like that in the January to May, before the huge rise.
not the current price is not stable, the price has recovered up after the case bitfinex but the current price movement is very slow and looking not able to pass $ 600
Pages:
Jump to: