Bitcoin Forum

I often think about this nowadays. We were on a spectacular uptrend. Core team was about to launch 0.13 and the halving happened, we were on the good track, but Bitfinex happened, ruining the good uptrend with the stupid ass dump. Fortunately we recovered quick, but the uptrend is not as strong and will take some more time now to go 1000+ again.

I think 700 or 800 value this is what i think the easy goal to reach when the price is 600 level.
But i think the price will increase again back but it takes a long time again.. my estimate november or december we will see that the price will hit at 600 value again or more..

It would be somewhere between 650$ and 700$. 600$-650$ if you are a pessimist. It wouldn't have stood there too long though, something bad would happen eventually if not bitfinex it was. If nothing were happened, then people wouldhave  dump edwhen it reached a new high.

exactly the same my friend  :D could just have taken some more time

I think price could have been at well above 750$, this bitfinex hack is just shit for all bitcoin holders. Internal staffs of bitfinex seem to sell all their bitcoin before releasing notice that also drag market more down from late panic sellers.

To be honest, even without the hack of Bitfinex we would have seen the price go down with the current selling pressure. It wouldn't go as low as it has gone due to the hack, but maybe the lowest point would be slightly below the $600 level. In that aspect I think the current price is not that far away from what is reasonable.

About a dollar fifty?

The price was in decline before the hack happened, my guess is we would be exactly where we are now if it hadn't happpened. Doesn't change my mind that Bitfinex should be shut the fuck down.

no i dont think so. it is just the hack to be blamed. you maybe right that the price could have also gone down due to the selling pressure but i dont believe that selling pressure could make the price go as down as of now. remember the 660$ days ? i hope it comes back again very soon.

There was a lot of hype about the halving and we had a run up in price before the event. With that hype fading away, the price was on a downtrend and would have decreased even if the Bitfinex hack didn't happen.

I personally think we might be hovering just above $600, but I don't think it would have been close to the $625-ish value it was at a few months ago. There was already a slow downwards trend and while it was far less aggressive than what happened after Bitfinex, there was still a trend that has to be acknowledged. Add about $30 to the current value and that's probably where we'd be.

i think somewhere between $600 and $650 and nothing more. because the bitfinex hack only caused a temporary dump which only took like 2+ days to recover and since a resistance shaped up at $600 we couldn't break it yet.

also before the hack (the day before it) the price was going down a bit reaching $600.

this is why i think the rise is on the way but we are not ready for it YET.

But did the hacker try to dump all of the stolen funds? if so then we could be @ $700 by now.
Because the coins were there and only the news about the hack changed the prices not the hacker actually selling and dumping all at once.
How ever I'm not sure if they were dumping all at once?

Actually i don't think so thats all because of  Bitfinex happened and than bitcoin down, but i accept it litter bit Bitfinex affect on bitcoin price, but i believe that was a time to start the bitcoin down, because halving already give us a profit, and many peoples sell their bitcoins so bitcoin was mustly down if Bitfinex happen or not.

according to my predictions if it does not happen the scenario price is currently at $700 and the end of the year could go to $800-900.

but good enough bitcoin prices were able to recover, though not much at least I am glad the price does not fall below $500

The price dump happens on the day when bitfinex got hack many people got panic and sell their all btc because they know that price would falldown since the hackers stole a lot of btc and anytime if they dump the price will gonna go down and that is currently happening now,  and if bitfinex didn't get hack i think provably the price of bitcoin will go to 800$-1000k$ and we provably go down stable at 700$ but things are just happen and it is a relief that bitcoin is currently stable at 550$+ -600$ in price nowadays.

We would be around this same price.



Bitfinex kept its funds in cold storage with Bitgo, and Bitgo should share in the blame as well.

that is because they was selling before they made public the hack  :o no it would not be where it is but yeah it wouldn't be on this spectacular uptrend that as mentioned.

It depends. If the price kept behaving like it is doing now (not moving much), then it would slightly drop due to people selling out of boredom, but not enough to make it tank significantly. We would definitely be sitting above the $600 level right now. And who knows, maybe we would have gone close to $700 again. We can only guess what might have happened.

i think Bitfinex incident only one of the factor why the price didn't happened to the moon but in my opinion if there is no Bintfinex incident that doesn't guarantee the price will pass through $700 above again and perhaps the cause bitcoin prices stuck because after halving date people has decide to sell they bitcoin because they had losing their patience and afraid the price will dropped

If you looked at the RSI charts before the hack, it was quite clear that a correction was bound to happen. The hack probably increased the effect, making the drop much much steeper and caused overselling because people thought the hack was the reason for the decline.

I think without the hack we would've recovered faster and would be around 600-620 now. It will take a bit, but it sure looks like the bottom has been found again. Gold and silver prices rising may cause some people to invest there rather than in bitcoin though. That storm needs to be finished first before the price starts lifting again.

very interesting question and also interesting replies before me.

many have been saying (still do say it) that bitcoin should be above $800-$1000 soon and they were expecting it even before the dump happened but i think the market is not yet ready. the price is staying at this level and not going up as it was before the dump.
but also it is not going down either.

so i guess the price is good at this level and will stay here for a longer period of time.

I am not into the conspiracy theory scene, but have you notice with every spike in the price.. something bad happens. Is this a orchestrated effort to hamper Bincoin's growth or to delay it's progress?

Has anyone looked into the history of these so-called hacks and the rapid rise in the price? Someone should put these events on a graph in relation to the price movement, and see what we get. I think

there is more behind these hacks than what we make it out to be.  ::) ???

Interesting but this type of iterations are common to almost all, facts and events  happen all the time, no matter time and place, setbacks are the result of coordinated  actions sometimes,  but we can not know the nature behind them.

The hack was just part of it, not the main reason. Don't forget that this selling pressure hangs above the market far before the block halving took place. Yes, I do remember the price being at the $660 level, but at this point there is nothing that points at the price going towards that price again this year.

That is exactly my point. The correction was due and it was just a matter of time when it will happen. Hack was just a catalyst to start the correction process, however it would have happened anyway, not on this news than on something else. The real question is not where we would have been without it, but how long it will take to recover. And looking at the price action it looks pretty good so far, the bottom may be in.

In all likelihood we would see something like this. The most probably scenario is price range between $700 and $800.
Because of that fail we have to start climbing from the back position once again. But don't worry guys, slowly but surely we are going up again.

Winter is time when historically bitcoin price was the highest.

I was actually predicting $500-600range as the stable range for 2016, before the year even started. I don't see that there are any new factors at the moment to correct this prediction. We may have a short-term jump to higher 600-700 , but for now the floor lies in the area with 5 handle.

It real shame one more exchange eat the dust, make stupid mistake and lose some 30% of their customers funds
MtGox failure had a lot worse effect which plagued bitcoin price for a year for sure
My estimate is that ppl trying to short now in BTC are less and less dominant, more and more BTC is locked at project and real world use, demand is still huge, even if they try to dump, price is recovering day by day, and they see it goes nowhere
I agree due all the negative effect bitfinex made it will be slow to break 600-700 buy I am optimistic for the winter for sure

Who really knows if a correction was about to happen.. if you look at the charts during the 2013 1.2k dollars peak, you can see that it looks like it should correct, but it kept on going up. You never really know.

Whats sure is, without bitfinex we would be higher.

I think this november or december the price of bitcoin will increase again back to 600 value or 700 value if we are lucky that the price will increase at 600 before november expect that the price will hit at 700 value until 900 value..

If that Bitfinex hack wouldn't have taken place, we would have been possibly between $800 and $900, but that hack caused such an unexpected damage to the price and markets that no one ever thought. The worst scenario of 2016 I think, and hope we won't see such things any further.

Greedy f*ckers are back trading on bitfinex again. The same has happened with MtGox before, these greedy f*ckers got suckered in, in spite of warning from the rational few like me, and they got slaughtered when MtGox went belly up, but the point is these greedy f*ckers were trading on MtGox even though there were clear signs that it was going to implode. The same is happening with bitfinex. They got hacked, from inside, not externally like they claim. They had been hacked before, from inside again. They will be hacked again. Again and again, until they implode. Mark my words and be warned.

I doubt if that would have been the case. The price was steadily going down even before the bitfinex hacking. If anything, that incident just made the plummet faster, hence a speedier recovery. Although we are still at the mid $500 levels, I think we would just be at around $620 whether that incident with bitfinex happened or not.

I think the bottom of the trading ranging in the next few months will be $550. It might rise to $800 by year end.

The good news is that we now have several exchanges rather than 1 dominant 1.  That makes us stronger for any future hacks.  i think we would have dropped to $550 like we have done and then the uptrend continue.  Finex just made us drop further.

Bitfinex wasn't really a dominant exchange as even traders there are looking what is happening at exchanges as OKCoin and Huobi. The other exchanges just follow their path. Only some times you see that exchanges don't want to follow the Chinese exchanges all the way up. Then there is a gap of $20-$30 between China and the west.

Bitfinex isn't just bad for Bitcoin, but bad for crypto in general. There must be 10's of thousands of people who did have significant capital in Bitcoin, who now either have nothing in Bitcoin or crypto, or mere peanuts in the game.

Stagnant price action I believe, is a symptom of the market apathy at the moment, but the miners will keep on mining, and holders of Bitcoin will want to cash out (if the value of thier investments don't seem likely to rise).

I say at the very least, Bitcoin has to retest the upper $400s and resolve that test bullishly, before it can move on.......gonna be a painful few months imo........(not for me though, I have had all the Bitcoin pain that I am ever gonna take, from Kraken, and then again from Bitfinex).

The whole attractiveness of Bitcoin to Chinese investors is escape from CNY and exposure to USD. Bitfinex was without a doubt the biggest USD market in the world. Whilst the Chinese markets tend to lead, how much of that volume is actually for real?

Bitcoin is dominated by the Chinese for sure, but a big part of it's attractiveness is it's USD convertability. I wonder how many Chinese Bitcoin Cowboys were using Bitfinex as a kind of USD bank account, only to wake up one morning with a 36% haircut?

Bitfinex was a terrible event for Bitcoin and the only logical outcome of it is much less capital flow in Bitcoin than there would otherwise be.

if the bitfinex hacking  incident didnt happen may be we are in between on $700-$800 mark i guess since the bitcoin price as of those  days are going  uptrend but the incident do happen which causes the bitcoins price to dump down -$100 average which is  a thing  that  some  bitcoin users  worry about  but for sure  the price would gradually increase.

Actually after finex got hacked it is now hard for regular bitfinex customers to find new exchanger to trust again, and myself also finding this difficulty as i don't like to see the exchanger with my bitcoin getting hacked again. There may be many exchangers out there but now bigger question is which platform will get those finex voumes in futures and how those exchangers will protect their users funds.

we nearly touched the $800 price level just before the block halving, but that was just related to the hype. i think the price was due for a correction after the block halving. the bitfinex hack dump resulted in a low of $465. if you take that into consideration, then current price isn't that bad at all.

I agree with you. The current price is not affected by the Bitffinex hack. It is actually similar to the level before the hack.

yes it really effect the price of bitcoin and the price of bitcoin fell down, but i think this falling down was just for the time being and was not a permanent fall down, you can see that the market recover its position very soon and now bitcoin is again trading above 600$. so i think if the bitfinex disaster didn't happen the price will be trading above 800$ at

I'm not sure what would be the price if that hack wouldn't happen but I'd be sure that the price wouldn't go lower than $700.

Maybe it was planned to have a dump or a pump after the halving and at the time when the hack happened but this hack covered them.

no i am not agree with you, i think the bitcoin price is really effected by the bitfinex, we cannot ignore the effect of bitfinex  on bitcoin, but i will also like to say that the price of bitcoin recover its position very soon and now it is trading just below from its original position, which we were expected before the bitfinex hacking.

      If bitfinex incident had not happened, surely Bitcoin price would have crossed $900 by this time.But, now its still recovering slowly from that stage.

Sounds very strange to me calling the bfx a "hack"

It seems pretty clear that Bitfinex ripped off the community via inside job....

Why else would they still be so secretive about what happened?

The fact that top level bfx employees were culpible maybe?  :)

The price had started to sink even before the bfx hack so I think we'd be in a similar price range now even if it didn't happen.

as we can see that the and news about bitfinex effected the price of bitcoin a lot and the price fell down to 500$ but after that the bitcoin recover its position very soon and the price again trading above 600$ now. i think the price of bitcoin will be trading above 800$ if the bitfinex issue did not happen.

It would probably be at about nine hundred dollars. Hope it touches thousand at the end of the year. But nobody knows.

800-1000 is very probably for year end or maybe sooner
i think if bfx hadnt of fucked everyone  ,we maybe already at 900ish .......

I think, atleast weve passed $800 or even it touches $900 now if the incident didnt happen. Everytime theres a news like that its expected that price will go down.

Price seems to be stable at a moment and I don't think that price will fall in coming days and yes if that hack wouldn't have taken place then we would be surely sitting above $800 level at a moment.

The price was going down slightly already before the hack, due to the halving hype wearing off. I think however we would be in the mid-700s by now.

it was playeing above $600 even before the hack unable to break it so i think even if the hack didn't happen it couldn't go down so the rise was inevitable.

i think if bitfinex disaster not happening bitcoin price will not so different than the current price because since halving dates untill bitfinex incident i didn't see big jump for bitcoin price so in my opinion the price still approximately $600

I have the same thought too.  Even if bitcoin price isn't sinking before the Bitfinex hack happens, I think a couple of weeks of bitcoin price correction is finished.  So Price at this moment would be the same price if bit index is not hacked.  But of course, I would expect an uptrend price after this correction.

to me if the bitfinex issue did not happen i think the price of bitcoin will be now trading above 800$, actually the price of bitcoin is really effected by the bitfinex issue.

We were in a serious downtrend at the time, as others have already mentioned. But did anyone consider that the Bitfinex hack could actually prop the price up in the long haul? The price spectacularly plummeted, but the downtrend was rather short-lived. Could we by now have begun to feel the lack of 120,000 bitcoins across the markets? What happened to the stolen bitcoins and where are they now? If they don't find their way back to the market, the effect should be positive long-term. Less bitcoins means higher price, or does it?

The price might be a little higher but I don't think it made a huge difference in the price. There have been several problems with exchanges over the last couple of years and I think all of them have an effect on keeping the price from going higher.

It would of definitely been more than $700 because it was at $720 when the bitfinex disaster impacted the price all the way down to $490. How I know this? Because it was happening right before my eyes as it unfolded.
I was buying coins then all the sudden cried when I saw the price started tumbling $20 by $20 every 10 minutes. It was a nightmare that I don't wish to ever see again.

I am also thinking about what would with price for bitcoin if Bitfinex hacking didn't happen. The price was over 1000$ per 1 BTC in July. After the hacking the price gone down and now it rising, but this days the price seems frozen on 600$ point. I doubt that bitcoin will reach 1000$ point this year again. I think if hacking would not happen the price for bitcoin would be over 1000$ for sure.

just like GOX the BFX theft will be forgotten about in awhile  and the price of bitcoin will not care  and keep rising
like it always does after every disaster

as after halving it was expected that the price of bitcoin will increase so mcuch, but after halving when the price of bitcoin start increasing teh bad news aout bitfinex happen it really put a verse effect on the price of bitcoin.

Good question.

Bitcoin price was already dead cat bouncing before the hack, but it was the final nail.

Now of course, the post halving dump was not supposed be that steep if there was no hack, I would think that $500-550 would've been the bottom, but after Bitfinex we saw $400 prices for a moment.

You can not forget about the halving in all this price devaluation several months after the hack was done. So it was a double dump on price in those vital summer months to result in what we have now.
Which is rebounding now as the rise is coming. ;D

What if I told you, that the hackers already had the hack planned long before it actually happened, and thus would never have run the market price up to ~780 without it planned beforehand?

But... but... Torque, are you saying the pumpers and the hackers were working together?? Or that (gasp) that they were one in the same people???  Any maybe that Bitfinex was behind it all from the beginning???

But no... NOOO... that can't be!?!?!

http://s2.quickmeme.com/img/57/57a6300833a6fba4f79200ae99a57c3087e7efce292a105c6c47dd74e2ed9a9c.jpg

Nowadays it's somewhat of a normal occurrence that each time the price is on the brink of exploding, that an exchange gets hacked, and all efforts are gone to waste. It happened too often to be coincidence. It's not the first time, and I am sure it's also not the last time.

to me if the bitfinex issue was not happen, i think bitcoin will now trading above 800 USD.

I have lost some small funds in the Bitfinex hack. Guys come on, this hack is now a few months ago, it is seriously a waste of time to keep talking about this subject. In fact keeping topics like this up in the ranks has no marketing value at all.

Please leave this case closed

All of those were actually possibilities. Or maybe for the very least of it, the hackers only did wait for the price to pump and the pumpers and hackers aren't related at all. It's also possible that they have a contact with a group of pumpers. Keep in mind that these hackers aren't just kids that can only ping google in CMD. These hackers likely are on the top of the chain and that basically means that they have a lot of contacts around the Internet.

If Bitfinex disaster didnot happen, surely Bitcoin prices would have crossed $1000 dllars by this time.Still Bitcoin has started to recover from that disaster slowly and price has started increasing.

Oh sure sure, yes let's leave it closed.... until the Bitcoin market rallies to fresh new highs again, and everyone is elated and overjoyed!!! So overjoyed and happy that they completely forget about it...

...or at least they were happy, right up until the ~110K Bitfinex hacked coins that everyone forgot about suddenly move from their wallet addresses, and start heading for the nearest exchange to massively dump on everyone's fun.   :'(

You're smart.

You're an idiot.

acciden bitfinex is three month later
this now volume transaction in bitfinex normal in still high volume transaction
stil high much people use and trade in bitfinex

That Bitfinex disaster doesn't have some significant effect over price of Bitcoin. We may see a spike but overall price were remaining in same range with some percent up or down. Halving this time helped the people to achieve the maximum stable price even before that happening. I don't say there was some visible difference in price. It is very good price even now without any doubt.

yes that is a fact that the price of bitcoin was effected a little by the bitfinex hacking news but it recover its position very soon and then it start trading in its normal position, therefore i think it will be trading in the same value even if the bitfinex issues does not happen.

to me if the bitfinex issue was not happen, then the price of bitcoin will be trading above 800 USD, i thin bitfinex really wast the time of bitcoin.

this is an awesome find dude, never thought like that,just checked about the history of hacks and the price and whenever there is a price increase there will be a major hack and since this is a new market no one will investigate into the hack and no police complaint,this time around FBI has taken the case of bitfinex through a user who lost a million dollar ,hope they will find the truth.

Hard to tell if we would have been at $700 if not for the bitfinex hacking, because the price was already showing signs of weakness prior to that incident. And when the price somewhat recovered a few days after, then that started the long dry spell in which the price was almost stuck at $600.

That point can hardly be challenged. While the real question which should have been asked is whether the price would be so stable if the miners reward hadn't been halved. Methinks, today's price stability is mainly due to the July halving. The influx of new coins is only part of what it was before the halving, and we seem to have by now started to feel its effects in full and earnest.

As price was above $700 at the time of bitfinex hack price could be in $800 or even near $900 by now as we have seen some $150 around rise after hack by now so when we add this to $700 we can guess the possible price at which  bitcoin will be right now.

im little bit confused about this rally if it will really continue but i think i would just monitor first since im planning to buy some coins to stake for price rise, and my thoughs for your halving opinion is opposite since halving is done, maybe the reason for this rise is due to some people buying huge amount for it and stake their bitcoins for a while, or maybe october-december is the bitcoins peak season to rise up.

Halving is not done yet, metaphorically speaking. Of course, the event itself was on a certain date, and it has already been over three months since that date (July 9). But I think we should clearly distinguish between the anticipation of the event as well as the hype associated with it and the long-term effects of the halving itself which may have just started to kick in.

yes that is a fact that the price of bitcoin is not so much effected by bitfinex issue, as it effect the price in start but very soon the price of bitocin recover its position very soon, and now the price of bitcoin is really trading in its normal price.

Its also because many peopel are waiting for the price low to buy more bitcoins.. and many people are still believing in bitcoin because they know that the price of bitcoin will rise again this is just the same last year that there is trading site also hack and down. and bitcoin is still alive and rising again..

Surely that is, and i think many wants the price to drop for a while so they can buy at the cheapest anadd earn more when it pump but i think it won't happen at this moment since price are climbing frequently and looks like we are experiencing little halving effect :), and maybe the price of bitcoin would reach for 1000$ if bitfinnex issue didn't occur since it was the main reason why the sudden drop happened on that event.

Well I think that is just going to be stable at $800 if the bitfinex disaster did not happened. Because at first there was already a price decrease already because many are already selling their bitcoins for they are satisfied already with the price that was reached up to $750+ if I can remember. But well we really don't know what will happen in the future.

to me if the bitfinex issue was not occur then the price will be trading above 800 USD, but still bitcoin is really trading in a good mode.

You can't really say there were signs of weakness, it was probably correction from the previous rise. And aren't dry spells a good sign of stability?

Well, I remember when the price had been collapsing after the Mt.Gox disaster with a few intermediate stops, it became stuck in the $600-700 range for nearly two months on the way down to $200. So it shouldn't surprise anyone that the price has been flirting around $600 again, now on the way up.

Nope, we would not be at $800. We would maybe near $650 or $700 at most. Just because we see increases right now in the market doesn't mean that the same would happen if Bitcoin was valued differently. Add an additional $100 to the value, and a lot more investors would buy less with more money. Subtract $100, and you get vice versa. We were already sitting in the low $600s before the hack happened, so it's hard to say but anywhere around $800 is doubtful.

$800 price would  be impossible for sure even bitfinex hack didnt happen  but  i could somehow assume that  if that incident didnt  happen maybe we are on $700 mark as of  now but  sadly  those situation dip the price back to 540 which is  really bad  but  some sees  it as an  opportunity to buy.

to me i think 800$ will not be a bad price if the bitfinex issue was not happen, as it really wast a lost of time for the price of bitcoin to increase as it was expected after halving that the price of bitocin will really increase to high level.

if no such incident hack, bitcoin prices might soar now and I am very confident that very many investors who will invest their money in the form of bitcoin. if it does not happen, most likely bitcoin prices above $ 900 and may be more so than at those prices.

 I don't think that is going to happen and I think the same price as we have today even there is no hacking incident because I don't think investors will invest.

Most of the investors won't buy bitcoins at the high price so I don't think that price will increase on that time.

They are just going to wait for the price to decrease before buying so the movement will be the same.

$900 seems  to impossible to  happen  even bitfinex hacked didnt happen after all, as you mentioned   investors would not intend to  invest  anymore   regarding  to its price  but   there are really big investors would really risk on the current  price  because they have high  hopes for bitcoin.

We couldn't say that for sure. Maybe the very same hackers would've hacked a different website or have hacked a different exchange site by now. Since we were slowly increasing at the time that Bitfinex got hacked, maybe it's quite higher than now. The Bitfinex disaster doesn't bother me at all. I'm happy with were we are right now. We got out of that price stability and I think that's enough to be grateful.

to me if the bitfinex issue was not happen the price of bitcoin will now trading above 800 USD level but hopeful the bitcoin will gain its position very soon.

By this time, Bitcoin price would have crossed $1000 if Bitfinex hadnot happened.See btc is slowly but steadily recovering from that disaster.Hope such incidents will not happen in future.

to me if the bitfinex isssue  was not happen now we will be trading bitcoin above 800USD. some people think that there is no special effect of bitfinex on bitocin but i will like to say that there is a great effect of  bitfinex on the price of bitcoin.

The price was due for a serious correction as the price was bought up to levels that were purely the result of the hype and speculation around the block halving. With or without the hack of Bitfinex, trading above $600 is a very reasonable price if you ask me.

to me if the bitfinex issue was not happen then the bitcoin price will be trading above 800 USD. as after that issue the price fell down to 500 USD level which really was a panic like situation, and bitcoin take more than 2 months time recover its position.

to me there is no doubt that bitfinex hacking issue really effect the price of bitcon and there is no doubt about this, as the price before this bad news was trading about 660USD and after this issue the price start dropping to 500 USD but at that point bitcoin recover its position but the price after that remain stuck to 550 USD for a long time, so i will say that if the bitfinex issue was not happend then bitcoin will be trading above 800 USD.

Well, regardless of what the price would be had the Bitfinex debacle not happened, it does appear it is still in the process of correction and eventually we will get to that price - the price that would have been if the Bitfinex fiasco didn't happen. Essentially, the Bitfinex thing just caused a delay in the price getting to where it "should" be.

you couldnt be much more wrong if your serious ..........

In my own estimate regarding  on the  bitfinex hack situation  i could   say that we are still on $700+/btc  price point  and some  may others say that  it would  be much  higher  but  i dont  believe that  would able to reach even  $1k   if bitfinex incident didnt happen at all. Eventually even  the price  dumps lower  but still  it  recovers up even more and now we are reaching again on  $660 price  and gradually increasing. Hoping that there would be no more incident like  before.

It could have been a lot worse fall if halving had not happened, The halving stopped the effect of falling, now as it closes the year, the price will tend to rise further. But if  Bitfinex event had not occurred, The prices could be  $100-150 up now probably.

Up to 50$ more than it is now. It definitely affected the price a lot, but it's really not a huge issue imo as we're going to what could be 700$ by November. Some people are exaggerating it by saying over 750, but I don't think that's the case. Either way, that's the past, focus on the future. :) things happen, and we always recover eventually.

to me if bitfinex disaster was not happen i think we will be trading bitcoin above 800 USD, bitfinex issue really effect the price very much.

I think we would have easily crossed the 700$ cap if that didn't happened, but sadly it happened, that's the past.

$700 will be attained in a day or two. ;)
The price is at $690 now and the trend only seems to be upward.

We are already there. Last time I checked the price stopped just short of $710. If the current rise is due to the halving's effects finally kicking in for real, which I hope for, then we could expect the price to continue growing, though maybe not so fast. When and where the correction will start can't be said with any degree of certainty, but we should be ready for it. To recharge our guns.

I think 700 range will be particularly violent. But I won't sell in 700 range to make a few extra bucks, b/c I don't want to take part in slowing down the process of going 800+.

I wouldn't sell at 800 either.... You will just  be disappointed when it cruises past 1500-3000.....November gonna be a good month for btc

There is nothing wrong with securing profits when the time is right. Mainly because of how volatile the price is, there will be enough chances to re-enter the market after securing profits.

Alongside the coins that you have for trading purposes, you can also hodl a certain amount of coins for the very long term.

In that case you can benefit from short term trades and your long term strategy plan at the same time. No need to choose when you can do both. ;)

The potential problem with such an approach lies in the lack of knowledge about where the price will stop. If it goes down, you can be pretty sure that it will stop at 0, but when it goes up, there is virtually no limit. So the price may continue climbing without a major correction for very long, and you might end up selling all your bitcoins if you stick to your guns (i.e. keep on selling until there is nothing to sell). I essentially use the same strategy, with the difference being that I try to keep my Bitcoin stash growing even if I'm selling...

So I'm more inclined to hold than to sell