Will bitcoin hit $600 this year or down to $200? - page 8.

lister storm

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Quote from: andycarrol on March 29, 2016, 12:14:33 PM

of course, this year could touch $600. but if it drops to $200 hmm I never thought about it.

it actually cant drop that much if people will not start randomly just selling their bitcoins at a very rapid pace

600 dollars per bitcoin is highly achievable right now in my opinion as there will be halving and it will push the price up

andycarrol

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of course, this year could touch $600. but if it drops to $200 hmm I never thought about it.

Mr.grin

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maybe the price will reach $ 600 this year.
I think so because from 2014 until now always indicates the direction bitcoin prices always go up. albeit slowly

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Quote from: omahapoker on March 29, 2016, 04:53:35 AM

I dont think 600 is realistic... after the halving, the price will go up, but I think it will stabalize around 500...

bitcoin has no stable price and its always depends of demand and supply and i think before end of halving nearly june the price will gradually increasing because more buyers will come in that time so i think the price will increase until 600-700 if we are lucky it will reach more until 800 usd.. but we know more dumpers are there so that price will back again i think 600..

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in my opinion, bitcoin prices this year will arrive at the price of $ 600 and even more. Look now, the price of Bitcoins were stable and there is the possibility the price will go up slowly. besides if the price of bitcoin down, I think the price will not be lower than $ 350.

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I am afraid we will never see $200 or even close any more.
even if the price goes down for some unknown reason it can go down to $350ish for a short time like last time.

Quote from: btcxyzzz on March 29, 2016, 06:11:24 AM

Mass delusion. After halving, Bitcoin goes straight to 230. Ethereum goes to 50, becoming top cryptocurrency. "Mark my words".

even if Ethereum turns out to be successful and can keep the demand steady up, and even if it will be used in all those projects ... the ETH price is not going to go up so much especially not to 50 for one simple reason:
there is crap loads of ETH coins available and it is just going to be more (78 million coins are available right now) it is a simple matter of supply and demand.

DimensionZ

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Mate aren't you a little bit pessimistic? Wow do you really expect Bitcoin price to crash down to $230 after the halving? I think it will go at least 25%-50% up not down but that's just my honest opinion. By the way some people believe Ethereum is artificially inflated and the balloon will soon pop.

benmartin613

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Quote from: btcxyzzz on March 29, 2016, 06:11:24 AM

Mass delusion. After halving, Bitcoin goes straight to 230. Ethereum goes to 50, becoming top cryptocurrency. "Mark my words".

Well that really seems delusional too mate,bitcoin at 230 is really impossible and the worst thing is that ETH will jump at 50 is the craziest thing ive heard.

btcxyzzz

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Mass delusion. After halving, Bitcoin goes straight to 230. Ethereum goes to 50, becoming top cryptocurrency. "Mark my words".

omahapoker

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I dont think 600 is realistic... after the halving, the price will go up, but I think it will stabalize around 500...

haileysantos95

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Bitcoin will certainly hit 600 this year before the year ends but it wont go down to 200 as there is no current reason for the price of bitcoin to be that down.

uki

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Quote from: maokoto on March 28, 2016, 02:02:28 PM

Sub 200 is less likely than reaching to 600, although I do not think that any of the two will happen. It will likely dwelve between 350 and 500

I definitely agree with this opinion. I also think $500-600 as the most likely target due to halving, most likely without touching the upper band. If something important fundamentally happens on top of halving, then we may reach above $600.

Herbert2020

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$200 seems highly unlikely to me, mostly because of the but resistance there is for bitcoin and also as it was mentioned the miners is going to lose money on mining if the price goes down.
besides with bitcoin adoption growing the price has to go up.

a7mos

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it is so hard to bitcoin to go down to $200 this year. a lot of traders are willing to buy more and more btc before the price reaches these low levels. and I do not see a reason that will drive the price to this low level. about $600 this year , Maybe after halving this will happen

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Quote from: Devesh on March 28, 2016, 03:07:10 PM

Quote from: richardsNY on March 28, 2016, 12:34:11 PM

My guess is that we will definitely reach a price of $600 this year. It's a good and decent price target for this year. $200 on the other hand isn't very realistic and will not happen this year.

yes i agree more and more investor are buying bitcoin so the price wont go down $200 or below before or after halving in my opinion.

Yeah and I think bitcoin has potential to reach $600 at the time of halving, but I don't think it can fall down to $200 in this year as we are expecting higher value in this year.

Lokfar

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Than it will be a higher chance the value is going to reach the $600 this year, because the price is now also stable and that is good.
And of course we dont know what will happen with the value of Bitcoin but it is good to be positive about it.
We just have to wait and see for what is going to happen with the value.

mrhelpful

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Bitcoins been bullish for a very long time.

I cant pull up charts from when it was back in 0.72 cents or whatever it started.

But the signs are there that if it took over 6years to where we are. I dont think it`ll drop back down to $200.

Devesh

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Quote from: richardsNY on March 28, 2016, 12:34:11 PM

My guess is that we will definitely reach a price of $600 this year. It's a good and decent price target for this year. $200 on the other hand isn't very realistic and will not happen this year.

yes i agree more and more investor are buying bitcoin so the price wont go down $200 or below before or after halving in my opinion.

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Quote from: maokoto on March 28, 2016, 02:02:28 PM

Sub 200 is less likely than reaching to 600, although I do not think that any of the two will happen. It will likely dwelve between 350 and 500

thats true, hopefully we will see some bigger increases this year because of bitcoin block halving

in my opinion we surely can reach something like 600 right now because people seem to be interested in bitcoin

maokoto

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Sub 200 is less likely than reaching to 600, although I do not think that any of the two will happen. It will likely dwelve between 350 and 500

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