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Author Topic: Price Dropped to 594.2$ @Preev .  (Read 1848 times)
techgeek
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June 29, 2016, 07:04:56 PM
 #21

Despite the current price rate.. its now at $630`ish?

So yeah based on the worlds economics, theres too many things going on thats added on to only make the price to go up. Look at some small examples like with the whole "brexit" situation.

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June 29, 2016, 07:14:59 PM
 #22

Despite the current price rate.. its now at $630`ish?

So yeah based on the worlds economics, theres too many things going on thats added on to only make the price to go up. Look at some small examples like with the whole "brexit" situation.

Brexit can generator streams in both way.
People want to get their currency into something profitable
People want to their money in fiat to overcome unforeseen expenses.

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June 29, 2016, 07:19:25 PM
 #23

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.
correct! the bitcoin is a long term thing in my opinion and programmers work with it all the time thus there might be a big increase really fast pretty soon, that will make bitcoin more popular

i think even though the price dropped a little bit it wont have too big of a negative impact on bitcoin because people will be holding their bitcoins no matter what and the price will not be dumped to really low numbers

 
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June 30, 2016, 04:47:44 AM
 #24

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.
correct! the bitcoin is a long term thing in my opinion and programmers work with it all the time thus there might be a big increase really fast pretty soon, that will make bitcoin more popular

i think even though the price dropped a little bit it wont have too big of a negative impact on bitcoin because people will be holding their bitcoins no matter what and the price will not be dumped to really low numbers
There has been a runup in the Bitcoin price over the past month, and many claim this is due to the upcoming halving. even if it drops a little users hopes that it wont dump very low.
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July 27, 2016, 07:25:07 AM
 #25

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.
correct! the bitcoin is a long term thing in my opinion and programmers work with it all the time thus there might be a big increase really fast pretty soon, that will make bitcoin more popular

i think even though the price dropped a little bit it wont have too big of a negative impact on bitcoin because people will be holding their bitcoins no matter what and the price will not be dumped to really low numbers
There has been a runup in the Bitcoin price over the past month, and many claim this is due to the upcoming halving. even if it drops a little users hopes that it wont dump very low.

The $550 range could be a short term bottom, I think the bitcoin price will not drop below that level.
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July 27, 2016, 07:32:29 AM
 #26

One thing is for sure and that's speculations never win the arguments, and arguments always win, price will slowly go up each day.
But surly it wont jump in a day, it will steadily grow over time so if you think you have the stomach for it better to hold on to your coins.
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July 27, 2016, 07:38:31 AM
 #27

One thing is for sure and that's speculations never win the arguments, and arguments always win, price will slowly go up each day.
But surly it wont jump in a day, it will steadily grow over time so if you think you have the stomach for it better to hold on to your coins.

if you look at the 1 year charts exactly after a year from now, then you'll notice that the growth that we'll realize will not look much when you look at a 2 week chart, but once you open the 1 year chart, you'll see the price has gone up nicely. and that's the only thing that counts. long term growth is what people here are looking for.
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July 27, 2016, 08:54:45 AM
 #28

for every time when the price goes up. the market take a correction and the price come down again. i have a better experience in stock market. so i think the same situation is here. hope that the price will increase and will even cross 771 this time. so i think it is a good time for the investor to invest in present price because they fill never find this opportunity to buy bitcoin at this price again..
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July 27, 2016, 11:08:58 AM
 #29

I think bitcoin was overpriced at 771. We saw a correction but after the drop to under 600 it has gone up to around 650 for several days. It looks like 650 is where it should be based on that. I'm sure we will see more swings in price though.

 
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July 27, 2016, 05:08:31 PM
 #30

I think bitcoin was overpriced at 771. We saw a correction but after the drop to under 600 it has gone up to around 650 for several days. It looks like 650 is where it should be based on that. I'm sure we will see more swings in price though.
Actually 650$ is floor for bitcoin so i am hoping a real nice pump within next few months. It seems really hard for price to go below 600$.

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July 27, 2016, 09:42:22 PM
 #31

I think bitcoin was overpriced at 771. We saw a correction but after the drop to under 600 it has gone up to around 650 for several days. It looks like 650 is where it should be based on that. I'm sure we will see more swings in price though.
Actually 650$ is floor for bitcoin so i am hoping a real nice pump within next few months. It seems really hard for price to go below 600$.

On last 30 days bitcoin price was almost 650 and up but I doesn't mean that it is hard to believe that bitcoin price can go lower like many times in this period. I check the price on £ and when it is less than £500 then it is not as good as I want.
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July 27, 2016, 10:29:30 PM
 #32

The price is dropped to 594.2 $
#Preev
better to not judge the price in preev because it includes btc-e which is in the most of the time around 20 USD below the other exchanges rates
didn't notice that drop or maybe didn't made too much attention

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July 27, 2016, 10:32:00 PM
 #33

The current price on preev is 654 USD $ ,can someone tell me can we expect an increase of bitcoin like in the last 2 months,it hitted 770$ then dropped down,i tough after halving that it should jump but it just remains the same

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July 27, 2016, 11:21:55 PM
 #34

This thread is a few days old I know, but if I had money I'd be buying.  It's so sad that I don't.  But I didn't think it dropped that low on any of the exchanges last week.  I must've missed the movement, because it seems like we're stalled at around $650.

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July 27, 2016, 11:32:30 PM
 #35

The current price on preev is 654 USD $ ,can someone tell me can we expect an increase of bitcoin like in the last 2 months,it hitted 770$ then dropped down,i tough after halving that it should jump but it just remains the same
I think the possile that the price will hit again back to 700 value according to 2015 chart we will see that the price will increase in november.. this is just my speculation so its more months before we will see again back 700 level..This is just my speculation anytime the price can be change or sooner the price will hit 700 value soon..

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August 08, 2016, 06:42:07 PM
 #36

The current price on preev is 654 USD $ ,can someone tell me can we expect an increase of bitcoin like in the last 2 months,it hitted 770$ then dropped down,i tough after halving that it should jump but it just remains the same
I think the possile that the price will hit again back to 700 value according to 2015 chart we will see that the price will increase in november.. this is just my speculation so its more months before we will see again back 700 level..This is just my speculation anytime the price can be change or sooner the price will hit 700 value soon..

The adoption of the bitcoin is accelerating  now, so the price shall rise faster. I think the price will be $700 in September.
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August 08, 2016, 10:20:10 PM
 #37

Preev is a great website, I always use this one to check the price because having bitcoinwisdom opened just to see the firefox tag is too resource consuming for nothing on my old pc.
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August 08, 2016, 10:53:09 PM
 #38

Despite the current price rate.. its now at $630`ish?

So yeah based on the worlds economics, theres too many things going on thats added on to only make the price to go up. Look at some small examples like with the whole "brexit" situation.
well the price is still lower right now, though i think it will recover back to 700 even though the bitfinex hack happened, i hope everything will be ok




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Shiroslullaby
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August 08, 2016, 11:20:12 PM
 #39

If I had more money I would be investing in Bitcoin right now.
Most of the drop is because of the Bitfinex hack.
If a bank gets robbed, and a truck of gold bricks gets stolen, does it mean gold is worth less?
No. It means the bank was not secure.
The exchanges are vulnerable, not the underlying technology behind Bitcoin.
If you were smart and had a lot of money you would be buying right now.

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