Sub 400 is incoming, get yourself prepared. Indicators are all pointing down!
Well I guess you were very wrong. It didn't even go close to sub $400 and now it has gone all the way up to $750. Hopefully you didn't convince anyone to sell their Bitcoin. Although you're right and now the trend is up due halving, Never discard a movement to reverse whatever happens or not.
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The statement "Bitcoin will never reach $700 again" It has been ruled out, which leads us to believe that use the word "never" is not the most appropriate in almost cases in both directions(uptrend,downtrend). In other words never say never.
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What is certain is that it will be more scarce and more difficult to obtain which will affect the price.
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Seriously? why would you sell such amount if you do know that there is halving fever that resulted into price increase. If this was true you lost a lot of money.
The thing is that probably he sold on 500 because he got more cheap BTC but he re-bought later to 700-750 but now he got less BTC.
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;)If technical analysis has meaning next level should be about $ 960.
Yeah right. And if it crosses 1000, we might see a rally towards 1500 too. Value is by far the best considering halving effects, and it will increase more. Your expectations are very high, But $800-$1000 sounds more logic.
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This clearly is not happening anytime soon, if ever, but if you were to say bitcoin will reach $1150 in 2012, people would call you crazy too.
Even so, There a big difference beetwen 560K and 1K.
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To miners could be the same thing if the price is doubled.
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china can change RMB YUAN to BTC already
many people buy btc in china already
The recent price rise of the bitcoin is led by the exchanges in China. People think the Yuan will devalue. Today's rise started in the west. Do people in the west think the British exit will cause financial problems? I am not sure it was the fast. Some claim it was the chinese yuan's devaluation, others claim it was the having effect. Now i hear it is fear for a brexit. Perhaps it's a combination of all three and the fear that it is causing it. I agree with you. Chinese yuan's devaluation caused some pumping power in bitcoin, in addition to that was the halving fever which halving fanatics tend to buy when this period come, and the fear of brexit. That three combined and resulted to what we see now. Probably you are right, But I am inclined more to think that price now is a product of halving only.
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Update: I put 10 coins in deep cold storage. Cryptosteel + safety deposit box. I hope for $50,000 per coin in 20 hears for a half million. I will use the rest of my stash over the next couple years to improve my quality of life and will still buy and use bitcoin whenever I can.
I will update again in 20 years.
Good luck with your plans!
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Just a thought, I am sitting on kinda small amount of bitcoins (~1.4BTC) is there any real downfall in exchanging them to Litecoins, or even dogecoins??
Probably is not a good idea, At least let halving happen.
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Nope, 789 was the top for this bubble. We're stuck at 750, can't seem to break past 780 and stay there awhile. There's no hope for btc.
I dont think so, The price soon will reach $800.
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Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.
Whereas the price to come close to achieving $800 and seing charts the elevator is going up yet.
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A little downtrend after halving can happens probably to recover just after the end of the year.
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I think we'll see more action a couple days before the halving.
So is, only the action has already started before but there is still more.
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Actually you should sell all your bitcoins so you can buy shitcoins. Shitcoins are the future
I don't think so, daddy is daddy, bitcoin has a great future ahead and the price of bitcoin will be much higher in future and I don't there is any other better coin in compare to bitcoin. Me neither, at least not with most of anothers altcoins.
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i was pretty often to see similar thread such this and nobody could predict the exact prices but i would try it and my predictions the prices for next 2 months it mean after halving dates so for my predictions it's worth 700-1000$ and i think the highest prices would be $1000
Probably Yes, I say that $800-1000.
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In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.
Yes, Doesn΄t make sense really to withdraw just now, the price will continue to rise next days. dude i really recommend you both to read the thread again and get the meaning of what OmegaStarScream has said I got it! Thank you! He means withdraw BTC from certain services not cash out.
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In my opinion its not the right time to withdraw the bitcoins since its value is increasing as well as halving isnear so better to keep it until price goes to its highest level. I am not very much expert in all this but in my opinion price wise its not the right time to withdraw.
Yes, Doesn΄t make sense really to withdraw just now, the price will continue to rise next days.
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This guy is a strong hands, almost 2.5 years hodling deserve no less.
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