Will bitcoin hit $600 this year or down to $200?

Hirose UK

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Quote from: tenaciouzd on March 27, 2016, 08:12:08 AM

I think bitcoin is now the best online invest option.But before investing part of capital in bitcoin, i would like to know what people think about bitcoin price will stay on this year.I do think that it will rise up to $600 but i am asking myself why it wouldn't down to $200 this year?

Will it hit $600 this year or down to $200? let me know what you think about it.

I think it will go about $500 to $600 because of halving. $200 is too small amount for the end of this year. instead of bitcoin is receiving as money in Japan.

coinyard

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Quote from: RobinHoodster on May 24, 2016, 03:07:51 AM

Honestly it can go either way it all depends on what is going to happen. If the halving comes in then the price is going to be $200 down. If that is not going to happen then it is possible for the price to hit $600 at the end of this year.

It will not go below $200 unless a major disaster happens to bitcoin and many people will sell it.

RobinHoodster

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Honestly it can go either way it all depends on what is going to happen. If the halving comes in then the price is going to be $200 down. If that is not going to happen then it is possible for the price to hit $600 at the end of this year.

Altcoinsupporter

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The chance is higher that they can make some more money with it and that is nice but it will reach the $600 I think and that is nice but you never know what will happen and that is bad.
But nobody will know what there will happen and that is the problem.

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Quote from: sishendaoye on May 23, 2016, 04:10:23 AM

The 600 dollar will be hit this year its just a matter of time before the halving let this happen.

The halving could let this happen but we cannot predict this, there is a good possibility of course but I think the halving will let the price go even higher.
The 600 dollar could maybe even be reached before it in my opinion.

sishendaoye

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The 600 dollar will be hit this year its just a matter of time before the halving let this happen.

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Quote from: coinyard on May 23, 2016, 03:09:21 AM

Quote from: mobipay2 on May 22, 2016, 02:01:46 AM

It will reach above 600$ this year.

It will definitely not go to $200. That is higher than the cost of most miners. It might go to $600 later this year.

It's indeed very unlikely to see the price fall back to the $200s, but whales looking to make profit don't care whether or not the miners are losing or making money with mining. If whales can make big money by dumping the price down to very low price levels then they will surely do it.

coinyard

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Quote from: mobipay2 on May 22, 2016, 02:01:46 AM

It will reach above 600$ this year.

It will definitely not go to $200. That is higher than the cost of most miners. It might go to $600 later this year.

mobipay2

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It will reach above 600$ this year.

issho

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Maybe both just wait at next halving price will down but will rise again I think

richardsNY

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Quote from: pitham1 on May 21, 2016, 08:14:24 PM

Quote from: angaper on May 21, 2016, 04:23:34 PM

Looking at my charts these days, it would seem more likely a price increase towards $600 than a fall to $200, but there is a great volatility in this currency that prevent us to foresee with complete accuracy its future behavior, although I have read some analysts predicting a potential retrogression to the $200 frontier.

I expect a lot of support at the $300 level. It will be a very tough level to break.
It is more likely that Bitcoin will stagnate at these levels, rather than go down.

It just depends on how much panic there is in the markets at that moment. With enough panic because of various types of bad news then things can get really ugly. Especially if bots will pull back their buy support and stop loss orders getting triggered like there is no tomorrow.

pitham1

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Quote from: angaper on May 21, 2016, 04:23:34 PM

Looking at my charts these days, it would seem more likely a price increase towards $600 than a fall to $200, but there is a great volatility in this currency that prevent us to foresee with complete accuracy its future behavior, although I have read some analysts predicting a potential retrogression to the $200 frontier.

I expect a lot of support at the $300 level. It will be a very tough level to break.
It is more likely that Bitcoin will stagnate at these levels, rather than go down.

n691309

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Quote from: tenaciouzd on March 27, 2016, 08:12:08 AM

I think bitcoin is now the best online invest option.But before investing part of capital in bitcoin, i would like to know what people think about bitcoin price will stay on this year.I do think that it will rise up to $600 but i am asking myself why it wouldn't down to $200 this year?

Will it hit $600 this year or down to $200? let me know what you think about it.

It is more likely that the price will be increased later this year (at least my opinion) because of the halving and the trend of buying bitcoins, also the increased size of a block to 2MB will be implemented soon.

angaper

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Looking at my charts these days, it would seem more likely a price increase towards $600 than a fall to $200, but there is a great volatility in this currency that prevent us to foresee with complete accuracy its future behavior, although I have read some analysts predicting a potential retrogression to the $200 frontier.

bit1

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It is as if time were reversed begun from September 2014 backward. The price seems recover.

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Quote from: coinyard on May 21, 2016, 08:48:31 AM

Quote from: mindrust on May 20, 2016, 09:51:33 AM

Price haven't gone up for a few months, if it doesn't go up, it will go down. 200$ is unlikely but we may see 390$'s very soon. m-Eth is sucking bitcoin dry at the moment. Too many m-Eth hype there is. People got bored of Bitcoin because it didn't go up for months.

The price will go up to at least $600 by the end of the year. We have the halving in July and 2MB block size after July.

Exactly $600 seems to be realistic value to be achieved by the end of the year, and even if it reaches to that value then majority of us would be really satisfied.

coinyard

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Quote from: mindrust on May 20, 2016, 09:51:33 AM

Price haven't gone up for a few months, if it doesn't go up, it will go down. 200$ is unlikely but we may see 390$'s very soon. m-Eth is sucking bitcoin dry at the moment. Too many m-Eth hype there is. People got bored of Bitcoin because it didn't go up for months.

The price will go up to at least $600 by the end of the year. We have the halving in July and 2MB block size after July.

mindrust

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Price haven't gone up for a few months, if it doesn't go up, it will go down. 200$ is unlikely but we may see 390$'s very soon. m-Eth is sucking bitcoin dry at the moment. Too many m-Eth hype there is. People got bored of Bitcoin because it didn't go up for months.

BombayChicken

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Quote from: tenaciouzd on March 27, 2016, 08:12:08 AM

I think bitcoin is now the best online invest option.But before investing part of capital in bitcoin, i would like to know what people think about bitcoin price will stay on this year.I do think that it will rise up to $600 but i am asking myself why it wouldn't down to $200 this year?

Will it hit $600 this year or down to $200? let me know what you think about it.
I am not sure what the price is going to be because you just never know with the Bitcoin price what is going to happen. If the price is going to hit $600 then the price has really got to go up in the last remaining months of 2016.

Piltover

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Quote from: torrentheaven on May 11, 2016, 01:07:03 PM

Quote from: socks435 on May 11, 2016, 12:24:27 PM

Quote from: Denker on May 11, 2016, 12:17:12 PM

More likely to see the $600 than a dive down to the 200s.
And I really hope we will see the 600+ as this would be a really bullish sign for us in the community and a strong positive signal to the mainstream media that Bitcoin is far far away from being dead.

I think bitcoin will never die because more countries are adopting bitcoin.. just like brazil more store are accepting bitcoin as payment.. and i think some will adopt bitcoin they can invested a machine to use bitcoin like arcade.. gambling machine or any kind of store related to bitcoins.. os its impossible that bitcoin will be die..

Bitcoin cannot die so easily for sure and if we talk about the price then I think $600 is likely to achieve at the time of halving and will not fall to $200 again in near future.

There is a high chance that it can reach the $600 and that is because the value was already stable for a long time and you see now that the value is rising slowly so that is nice.
But we are not for sure if it will rise to that high but that is just a prediction that we made.

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