Bitcoin Forum

is just me or anybody noticed that 666 price tag became a barrier in our price?? this joke must stop ppl!

That's one expensive joke.  Seriously though I don't think they're doing that on purpose.

So do you.think that 666 is a devil works?  It was only an accident.. next week bitcoin will try to break the 700$ barrier again.
Have faith.!!!!!

It did it seemingly forever in 2014 too. Either the stars are aligning in Satan's favour or there's some evil collusion going on. And isn't 666 = Satan a common fallacy?

Looks like we are going to have to work just to get back to $660.
(Price on preev.com dropping to almost $650!)
Whats going on with the price? Where are all these people posting about how BTC will be worth $1200 by the end of the month? LOL  ;D

Who said that that Bitcoin will be 4 figures in this month?No one who is serious would say so as making an accurate prediction is almost impossible.
But don't worry we will see the $1k+ again.It's just a question of time.
And right now we are doing really good imo.Moving in a range from 650-680 without any panic dumps as some have expected to happen after the halving without any significant rise.

Couple days ago we had $680 on Bitstamp IIRC. But yes, it seems we are stuck with $650 and market is unable to achieve serious push.
As experts say: market is is state of consolidation and we need to wait for miners to feel the effect of recent halving.

4 years maximum to see $1k back again, considering the value doubled after the last halving from the ~$300 average value over 2015, it seems reasonable that the next halving would be posting Bitcoin at around $1.2k. If Bitcoin hits $1k before then, even better. I'll be happy if it does, but we have to remember there are no guarantees.

I for one will not be very impressed if it's around that level by the next halving. By then we should have some scaling, if not then I'll be gone, and there might be things like ETFs. Even if there aren't any super dramatic developments then the existing infrastructure should be far more solid and professional.

If we don't get some price movement soon, the satanists win!

Not a barrier, but the equilibrium point of price right now.

There are some upmovements, like few days ago to 680, and down movements, like now to 650, but price will be back to 666 in no time

The 666 dollar is just a simple number. If the whales want, they can break it easily. It is not very meaningful.

I miss my old avatar in times like these.

If $666 is a barrier, I'll take it for now--look at where we've been, and you'll see we're at a damn good level.  It's a hell of a lot better than $420.

These fixations are the typical signs after halving.
Majority of the time people tend to forget that inflation doesn't come just like that.

You can see it for yourself:

https://i.imgur.com/awiZpZC.png

That is just a psycological value. But the price will be around that level for some time until we know which version of ETH will survive.

From 420$ to 666$...
Next stop must be 1337$, don't miss it ;D

For the users hoping for a price tag of $666, its better to wait for few more days because the price now is getting increased slow by slow which is now around $660 right now.

There's something going on right now in crypto. The insane volume in ETC, the stable price in BTC.. I think ETC is going to pump hard as well and we are going to see a battle for the ETH blockchain soon. ETC holders may get rich if they have the balls to risk a hold longer than expected.

i didnt notice at all. And youre saying that quite an accident that bitcoin cant pass through the 666 mark cause its a devils number.i will inform you that starting next 680 will come again.

666 has become a difficult barrier to cross yes. We seem to be going sideways now, the waters are maybe a little too calm, maybe something is brewing.

I think this is accumulation stage and not a barrier price it is constant because whales want to keep on accumulating as much bitcoin they can because pump in price is quite sure after few months from this point.

It appears as if we are in APR 13 again, meaning it might explode upwards in a few months.

I think the bitcoin price will be around the current level or a bit lower in the next few weeks at least.

That could be right. If there is no further big bad or good news, the price of bitcoin will just trade around $600.

I think the price will trade around $570 for the next few months. Then it will rise slowly to around $700.

I think if there is no big bad news related to bitcoin, the price of bitcoin will reach $700 in September.

Yes I think we will see that price in next month, as price is moving up now and if everything goes fine then no one can stop bitcoin to achieve that price.

or not, sometimes people just like to see this number so they try the price to be bouncing around about it though it is not good for the bitcoin

When the price of bitcoin trade around a centre point, that is a kind of price stability, I think it is good for mass adoption.

ugh it figures very scary  to seen, I hope it was not barrier the price of bitcoin because believe it or not it could turn into a bitcoin very nasty demon or may be after hit $666 bitcoin would die. just kidding friend, i think we not need barrier for bitcoin as long the bitcoin keep alive and rising of course barrier isn't important because closed by the money you got from profit.

I agree with that statement,  though stabilizing at 666 (which we're not currently at) would funny at best, a turnoff to the religious crowd at worst.  Otoh, part of the reason so many people are into bitcoin is that there's a chance to make money by hodling, and for that we need an upward trajectory of the price.   I myself am not looking for stability because I don't spend bitcoin.  If we get back to $666, I'll be happy.

We are testing 600 dollars right now. We are the fudders that said "after this crash (bitfinex crash) it will take months to regain confidence and go back to 600 dollars".

It shows everyone wants to get in.

Next thing you know we're going to have bitcoin kabbala people who read the numerology of the market and the hidden messages therein.  Not my cup of tea but I guess it means that this is a thriving and diverse community.

people just like to see this number thats why we sometimes get stuck on it

I did not say that because well i expected a panic selling crash that instant, back to 500 dollar. So in a way I am happy my bitcoins are still worth a decent amount. Because the long rise of the last year was to be expected, since we all now bitcoin at 500 dollar is to undervalued.

I think it was just a coincidence that it was getting stuck at that price. It will move off of that once the price rebounds again.

Eh, it always seems to get stuck at numbers like 420 too.  I think some people place buys at those numbers just to laugh at the chart, or think its a lucky number to go in at or something.

The bitcoin price is about $590 at the moment. So it is not stuck at $420. I think it will rise to $600 soon.

haha, this is true.
i was actually talking about this the other day with my friend. that bitcoin has been becoming stable at prices like these at at a range of #20-#30 USD and then slowly rise to the next level. it has been $220, $330 (for a small time), $420, $500 range was skipped :D, and then $630

Price is settling at $600. I think it will increase to $700 soon and stay there until at least for one month, just like always first fall and then high price.

Actually price has already surpassed well above 600$ in few exchanger, i think we will soon see 700$ again after one or two month.

That could happen. I did not notice any bad news about the bitcoin at the moment. So the price will rise.

There is no good news either. According to the Core developer plan, the 2MB block size should be implemented last month, nothing happened.

Good news is no price driver anymore. Having said that, I prefer that when the larger blocks update gets released, that it happens when everything is fine and tested. There is no need to rush things. Especially not when it's probably one of the most important updates in the recent years.

the price is way lower once again though i hope that it is soon going to recover

I think right now the chances of seeing the price go down are higher than going up. Sentiment is changing into a bit more negative state, and that feeling gets stronger now the price is going down more and more. People that are waiting to enter the market won't see this as a bad thing.

We may be entering a bear phase, which may last weeks, months or years, if the past is any indication. Bitcoin price tend to deflate and lose 80% of its value over the bear phase. If you bought bitcoin in June for $790 a coin, sux to be you.

haha, indeed.
but i think this phase will not last years.
it will mostly last for a couple of weeks and one month tops.

By the next halving, bitcoin will cross the 666 barrier.

Bitcoin will be more than $600 by 2020.

I think the price is just fluctuating at the moment. It might drift a bit lower. But after the introduction of 2MB block size, the price will rise.

Ahaha, I'm not sure it will happen. because the price of going because of the influence of mining or halving. I see that the price increase is very high after the halving of mining and it not only happens once, it's also going on 4 years ago when the price of the above figures touching bitcoin $1k.

he price is down again unfortunately i hope that the price is coming back soon, it is not that bad if we will be stuck on 666 once again

The price is up to $580 again. I think the price of the bitcoin will just trade around the current level for the next few months.

Yes we have to wait for few months to reach 700$. Currently we are just stuck at under 600$ and we need a boost  to futher pump up bitcoin price.

Really ? You mean to say by next halving that is by 2020, we shall cross $600 ?
We are already at 580$ and it will be crossed within this month and not after 4 years. ;D

Price is at $580 now, so I don't think it will take much time to cross $600 level, and may be it can be achieved in next week but it will be interesting to see when we reach to $700 mark.

we saw that after the previous downfall, the price of bitcoin got a strong support at 500$. after that the price start increasing, now the price is trading in 650$ for last few weeks, hope that the price is going increasing very soon and this time it  is expected that the price is going to cross the 1000$ very easily in next few  months. therefore i think not barrier can stop bitcoin from crossing 1000$ this time.

People were saying exactly the same thing when in June the price was about to reach $800.

I head predictions as "this week we will see $800" - "$800 will be reached within 48 hours".

Eventually, the price started to tank heavily from that point. This just shows that being close to a certain price level doesn't mean anything.

The price is still trading around the $570.

That is similar to the trading a week or two ago. The price will not rise too soon.