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Author Topic: 400 will not hold  (Read 17552 times)
EastSound
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July 22, 2016, 10:07:19 AM
 #341

The bitcoin price almost doubled in the last 12 months. So it will need some more time to correct the price.

I think the bitcoin price will trade around the 650 dollars level for some time, then it will jump to $900 to 1000.

To see the price of $900 I think we need to wait for a long time as its not easy to reach there very easily as we are still below $700 level so it will definitely take some time to achieve it.

I don't see it happening such a large increase to 800 or even 900 dollar will happen.
At the moment it seems we are stuck at 650 dollar

I like how calm the market state is right now. Everything is better than the price going down. Right now it's just waiting for a large buyer to get the market moving again. After that the price might get some of its action back. All eyes are pointed at China as always.

I think it is the calm before the storm. After 3 to 4 months of correction or calm, the price will rise a lot.

That is right. After good consolidation of a few months, the price could  fly after the new developments.
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July 22, 2016, 10:15:50 AM
 #342

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

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July 22, 2016, 10:50:08 AM
 #343

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.
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July 23, 2016, 11:19:16 AM
 #344

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

Yes, the cost of making one bitcoin is around $450 at present. I believe the price will be above $600 for some time.

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July 23, 2016, 01:46:39 PM
 #345

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.

Yes, the cost of making one bitcoin is around $450 at present. I believe the price will be above $600 for some time.
Lighten up, the current rates will persist for $ 600, I think the current bitcoin prices will last long. I think that at this time we need the prediction is when the price of bitcoin will rise to $ 800 or more. because I am very confident that bitcoin prices will not drop to $ 400, and will last at current prices

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July 23, 2016, 04:41:29 PM
 #346

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.
well the price is much higher right now and i doubt that it is going to fall down any time soon, i hope that it will make me good money
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July 24, 2016, 06:27:06 PM
 #347

OP was telling how 400 $ can`t hold, but we see how + 600 $  holding for some time now, and we can see even higher price. I think bitcoin will rise until new year, and we can stay high, and hold that high price. Site`s and people are joining to btc community and we are growing.

Btc can hold high price as we can see, and if we rise slowly and steady it will be good, big pumps can make things tricky, cause it will be hard to hold pumped price, that's why natural grow is the best.

I hope to see a price well above 600, but in the case the dumping starts I think we will hold 450.
Miners need profit and any price under 450 will force miners to stop mining.
well the price is much higher right now and i doubt that it is going to fall down any time soon, i hope that it will make me good money

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.
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July 24, 2016, 06:32:51 PM
 #348

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

Agreed that mass adoption in BitCoins is the way to go forward - people need to understand it can be used for secure transactions - explain its features of confirmation and diversified block chain.

The average fiat user wouldn't have a clue how financial transactions occur, so there needs to be an education initiative.

Only then will it hold above $ 400.
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July 25, 2016, 06:11:16 PM
 #349

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

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July 25, 2016, 06:18:42 PM
 #350

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions coming through doesn't mean the price will not fall below $400 again. I think it's safe to assume that no matter how low a certain price level may seem, the price can always fall below that price level. We've seen that when the price reached its highest point in 2013. Literally no one thought to ever experience sub $200 prices again. But it still happened.
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July 25, 2016, 07:55:14 PM
 #351

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions is good, but the price will hopefully stay the same, which is good. Stabilty is what we needed.
I bet many investors think the same. Stable bitcoin, is a better adoption from the public and merchants.

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July 26, 2016, 03:43:55 PM
 #352

I do not think the bitcon price will fall below $400 any more. The mass adoption will support the price.

I agree with that. When the block size is increased in the next 12 months, more transactions can be supported.

More transactions is good, but the price will hopefully stay the same, which is good. Stabilty is what we needed.
I bet many investors think the same. Stable bitcoin, is a better adoption from the public and merchants.

I hope the bitcoin price will be stable around $660, a month later, it will be stable around the $720 level.

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August 05, 2016, 10:25:06 PM
 #353

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
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August 07, 2016, 10:30:39 AM
 #354

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.
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August 07, 2016, 10:49:40 AM
 #355

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.
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August 07, 2016, 03:11:28 PM
 #356

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.
If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them.

There is huge upside potential, but the risks should not be understated.

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August 07, 2016, 03:23:50 PM
 #357

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

this is safe but not practical because you can not trade actively this way and you would have to withdraw without taking a postition in the orderbooks. it is only good if you want to make a long term investment.


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bit1
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August 07, 2016, 07:19:51 PM
 #358

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.
stromma44
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August 07, 2016, 07:32:31 PM
 #359

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.

yes and no one can predict what will be the situation tomorrow either it will be higher or lower so we need to keep active watch on price movements and take action accordingly.
sanas
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August 08, 2016, 11:55:42 AM
 #360

that is not right  even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.

yes and no one can predict what will be the situation tomorrow either it will be higher or lower so we need to keep active watch on price movements and take action accordingly.

There is no need to watch the price if you do not trade.  I think it is better to concentrate on making more bitcoins.

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