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Author Topic: BTC Price going back to $250???  (Read 24097 times)
MyIdeas
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July 27, 2016, 08:38:03 PM
 #421

the image of bitcoin has grown much better in the present time and with the current image of bitcoin, we cannot say that bitcoin once again will drop to lower price.
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July 29, 2016, 05:23:46 PM
 #422

the image of bitcoin has grown much better in the present time and with the current image of bitcoin, we cannot say that bitcoin once again will drop to lower price.

That is right. We have more people using the bitcoin than 2 years ago. Also the cost of mining has also increased.

The cost of mining will set a floor price for the bitcoin. For some miners, the cost of mining is $500 to 600.
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July 29, 2016, 05:35:36 PM
 #423

the image of bitcoin has grown much better in the present time and with the current image of bitcoin, we cannot say that bitcoin once again will drop to lower price.

That is right. We have more people using the bitcoin than 2 years ago. Also the cost of mining has also increased.

The cost of mining will set a floor price for the bitcoin. For some miners, the cost of mining is $500 to 600.

the smaller pools have a much higher cost per mined coin, that's right. the pools that will quit (temporarily) will cause the difficulty to go down as is happening right now. but the lower difficulty will attract other miners or existing farms to up their game by adding more hashing power to the network. in the meanwhile miners can benefit from the lower going difficulty. i however think it won't take very long before we see the difficulty go up again.
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July 29, 2016, 05:44:31 PM
 #424

For now its impossible that the price will be back again in 250 usd because our supply right now is very low and i think the price should be increase to 800 value..



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Rainbot
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July 29, 2016, 05:49:40 PM
 #425

For now its impossible that the price will be back again in 250 usd because our supply right now is very low and i think the price should be increase to 800 value..
you're right, bitcoin prices would definitely go up from the current, and the current price is really far from the price of $ 250, because it is very difficult for bitcoin to get down to the $ 250 price. Well, bitcoin prices will rise in the months ahead, I believe that, and maybe the price will reach more than $ 700

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July 29, 2016, 06:21:31 PM
 #426

next month I would anticipate consolidation of the 650 range, 700 is quite optimistic for now tho we would need china to buy more lol

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July 29, 2016, 09:28:14 PM
 #427

For now its impossible that the price will be back again in 250 usd because our supply right now is very low and i think the price should be increase to 800 value..
Supply is now not about coins to be mined (25% of all coins), but about these already mined (75% of all coins). If whales start pushing the price down, weak hands will start to bleed.

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July 29, 2016, 09:48:24 PM
 #428

Yeah, the whales will want the price of bitcoins to go down.

They are probably planning to re-stock their wallet at a cheap rate after selling out in the pre-halving bonanza period.
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July 29, 2016, 10:30:03 PM
 #429

Yeah, the whales will want the price of bitcoins to go down.

They are probably planning to re-stock their wallet at a cheap rate after selling out in the pre-halving bonanza period.
well you might be right, they always want to buy bitcoins on low prices to make as much profit as possible, though i hope the price will only grow

 
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July 29, 2016, 11:32:14 PM
 #430

For now its impossible that the price will be back again in 250 usd because our supply right now is very low and i think the price should be increase to 800 value..
of course it is impossible and it will be impossible in the future because people are willing to buy their bitcoins right now and they might make the price go up even more not fall
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July 30, 2016, 08:49:17 PM
 #431

i think is imposible bitcoin droop and down until back price 250 dollar
if true accident price down 250dollar or under low
i think much people want not mining again if miner not mining bigtrouble bitcoin
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