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Author Topic: What if we sit at $310-$340 for 2 more years?  (Read 15333 times)
HarryKPeters
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January 06, 2016, 04:04:54 PM
 #81

This could be a possibility,but looking bad at the charts, it's very unlikely.
Bitcoin is a wild (volatile) currency. For some reason it can't stay at the same level for over 1 month, let alone 2 years.

In a way it's decided by what investors want to do with bitcoin. There is no way the prices we see are supply and demand...

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January 06, 2016, 04:10:45 PM
 #82

The minute Bitcoin starts to lose value and keeps it downtrend it's finished. Bitcoin has been growing year by year so the price can't really remain stable or decrease because if there's more adoption and demand, the price should always increase unless there's a dramatic event that makes it tumble. That's to me is clear. The real problem though is that I don't think Bitcoin has found a real demand from common people yet, either to buy digital goods or to send money overseas, the usability it's just not there yet for the average person. If this continues to happen and Bitcoin doesn't evolve it may face troubled times.
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January 06, 2016, 06:27:03 PM
 #83

The minute Bitcoin starts to lose value and keeps it downtrend it's finished. Bitcoin has been growing year by year so the price can't really remain stable or decrease because if there's more adoption and demand, the price should always increase unless there's a dramatic event that makes it tumble. That's to me is clear. The real problem though is that I don't think Bitcoin has found a real demand from common people yet, either to buy digital goods or to send money overseas, the usability it's just not there yet for the average person. If this continues to happen and Bitcoin doesn't evolve it may face troubled times.

Sure some improvements can be made:
A better wallet
More merchants
More ATM's

But let's face it, which crypto currency is competing against bitcoin and really does have a chance?
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January 06, 2016, 07:25:38 PM
 #84

Not impossible, considering how "uneventful" the whole 2015 was to be honest. Would not shock me if we will never see anymore "real" bubbles in BTC

Could be like all of this these things could be.
But my prediction is we will see some price rally within 3-4 months.
I hope even sooner.
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January 06, 2016, 07:33:45 PM
 #85

I don't think so to see price sitting somewhere around this range what you just said in title.There is some sort of stability in price at over 400 $ for some period.Honestly we need not sit for 2 more years to get that consistency at what you referred.We see more stability and consistency even at higher prices which will be seen in this year.
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January 06, 2016, 07:47:57 PM
 #86

My dream is that bitcoin stays at current level for a decade or more. All smart asses would finally be muted.

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January 06, 2016, 07:51:39 PM
 #87

for the last 3 weeks the price of bitcoin has been ranging between $400-$430. I dont see it changing so soon. Bitcoin will be used more when theres merchants accepting it. im using it, because I can buy almost anything with it.
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January 06, 2016, 09:24:47 PM
 #88

for the last 3 weeks the price of bitcoin has been ranging between $400-$430. I dont see it changing so soon. Bitcoin will be used more when theres merchants accepting it. im using it, because I can buy almost anything with it.

i am very pleased with the price remaining fairly stable in the last days. i also can't see the price go much lower. i hope to see a slow growth to the $500 level. that would be nice.
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January 06, 2016, 09:33:47 PM
 #89

I don't belive we will ser the coin at such a low value. We have to remeber Bitcoin doesn't have any 'real' kind of competition - the price would be more stable, and eventualy increase, how much? Nobody could tell.

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January 07, 2016, 12:34:59 AM
 #90

Bitcoin's past track record doesn't support this.
Whenever you have periods of relative stability people start speculating whether this is BTC's equilibrium value.
But we know what happens next.  Wink

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January 07, 2016, 12:35:54 AM
 #91

Better than 2 years of fall. Don't lose is a win at this point

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January 07, 2016, 08:49:22 AM
 #92

If that happen I will just stop doing bitcoin for 2 years and just hold it.
With that I will lose a lot of money if that happens. But I doubt that bitcoin will just go around 310 to 350 dollars.

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January 07, 2016, 08:51:01 AM
 #93

I don't think this is likely to happen. Bitcoin market is always on the move, bitcoin is already at a $450 right now.
I doubt that bitcoin will stay at this rate for longer than a month.
Even it does stay at a $310 for 2 years, it would be stable which is good and not that bad at all.

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January 07, 2016, 09:08:15 AM
 #94

Finally there is some action.
Like i thought it would the price is going up again. The whales are still focused on getting bitcoin to where it belongs..

500 Dollar.
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January 07, 2016, 09:53:38 AM
 #95

Well bitcoin going to be that amount than that is fine with me.
But I don't really know what will happen with people if that happens if they still want to use bitcoin.
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January 07, 2016, 10:03:26 AM
 #96

Unlikely to happen since bitcoin keeps going up or down on a daily basis.

I wouldn't see this as a bad thing either though, it would mean that bitcoin is at a stable price.
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January 19, 2016, 11:47:58 AM
 #97

Unlikely to happen since bitcoin keeps going up or down on a daily basis.

I wouldn't see this as a bad thing either though, it would mean that bitcoin is at a stable price.

The price is not too stable. The recent price range is from $320-$470. It might rise when there is a consensus of block size.


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January 19, 2016, 12:24:46 PM
 #98

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?

Everybody would be happy because of the stability. It would be boring indeed, especially for daytraders.

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January 19, 2016, 12:43:49 PM
 #99

This could be a possibility,but looking bad at the charts, it's very unlikely.
Bitcoin is a wild (volatile) currency. For some reason it can't stay at the same level for over 1 month, let alone 2 years.

In a way it's decided by what investors want to do with bitcoin. There is no way the prices we see are supply and demand...


How do you know it can't stay stable? It's not a bad thing for the price to be stable in the first place and if nothing relevant happens bitcoin can stay at 300-400 range easily through this year and it would actually be a good thing for bitcoin.

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BTCBinary
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January 19, 2016, 01:55:28 PM
 #100

If the price stayed at those levels for more than 2 years, it could mean a collpase in the Industry. If the mining industry couldn't keep up, Bitcoin would much probably be dead.
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