Bitcoin Forum

Economy => Speculation => Topic started by: universe_ on June 14, 2016, 10:01:29 AM



Title: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: universe_ on June 14, 2016, 10:01:29 AM
We have already been over 700 before though only for a very short period of time, china market shows numbers over 700 dollars, do you think we will see an increase in price soon?

I think that after such a big growth there has to be a dump to 600 or so though i think that we will still manage to break through 700 wall and climb up to like 730 dollars before a dump


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: DonMarco on June 14, 2016, 02:09:27 PM
stable price after halving gonna hit max 700-800$ don't expect 2,000$ or something... since its -50% on block it means max value plus +50% stable price before halving was arround 450$ than max 450$ plus after halving but it's max! and We gonna stop at 750 i think like 1 month after halving. but some other coins which can be mineable with asci gonna grow as small miners gonna turn of from bitcoin and go to other coins.


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: DebitMe on June 14, 2016, 02:14:46 PM
In my opinion, I don't see us testing 600 again, but I do see us around 650 in the next couple of days due to a slow pull back.  Then in a couple of weeks we will start to see some upwards movement again.


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: The Sceptical Chymist on June 14, 2016, 02:35:40 PM
We did break through 700, and I don't mean 2013 either.  Depending on which exchange you're looking at,  we did it yesterday.  As far as staying above it, yeah we'll get there soon.  I think the price is just a hair under as I write this.


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: Herbert2020 on June 14, 2016, 02:49:58 PM
We have already been over 700 before though only for a very short period of time, china market shows numbers over 700 dollars, do you think we will see an increase in price soon?

I think that after such a big growth there has to be a dump to 600 or so though i think that we will still manage to break through 700 wall and climb up to like 730 dollars before a dump

yes, it has already been broken and the support has been tested. now that we are back down there will be a bigger rise soon after this very short period of below $700 before we break the resistance again and go higher than this mark.


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: Minor Miner on June 14, 2016, 03:04:38 PM
We hold between 600 and 700 for the next week.   Currency usually trades in "steps" similar to the way bitcoin is trading right now.    Next movement event is likely the UK's vote on whether they Exit the EU.   Then some movement higher as we approach the halving.     Then we will see around 20% of miners drop off, we will see a lot of volatility from the traders and people exiting their speculation trade for the event but the net effect will be higher prices a few weeks after the halving.

My guess would be that you will see $600 again, $1000, $1200 and maybe surges to $1600-2000.    My guess on where it settles in August is $800-900


Title: Re: We are just under 700 dollar mark, do you think we will break the ceiling?
Post by: Ulloa on June 14, 2016, 03:05:51 PM
We are not going to reduce and that is because the time is now to rise and that is really nice for Bitcoin but you dont even know what will happen in the future and that is the problem.
But it should be nice if we can make some more profit later in the future and that should be perfect also.