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Author Topic: Bitcoin will never reach $700 again  (Read 25171 times)
watashi-kokoto
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March 10, 2016, 11:28:39 PM
 #81

The rumors on Bitcoin 7-year prison sentence in Russia seem not to be priced in, I expect $420 ~ $410

On the other hand, if they really do it, and shut down or ban trade sites from Russia, the price could bump due to Russians who need desperately, prepared to pay premium on  a gray market exchanges.
bitboy11
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March 10, 2016, 11:38:44 PM
 #82

Lol! Funny thread...Op must be on drugs! Tongue
Bitcoin will be worth thousands one day, the question is when. Wink
chesthing
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March 11, 2016, 01:41:12 AM
 #83

This is why I have liquidated my position in Bitcoins. There is very little upside going forward. Block size limit is too low. No forward moves of late have any traction whatsoever and demand continues to lag. Way too little upside for such a risky proposition so my advice is to move into dollars.  Only a significant change in the economy could alter this forecast.

USD? Wrong move. Altcoins..... namely Ethereum, Bitshares and Monero... mostly.

Nice advice, move from bitcoin a few months before halving into a ETH, which is 20x what it was a month ago. You would be a total fail as an advisor. If you aren't already in ETH you have no business playing with it imo.
Don't strongly believe in btc and have no insider knowledge of shitcoin movements? G'damn right stay in dollars.
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March 11, 2016, 06:40:12 AM
 #84

I suppose for the moment, the price of bitcoin is currently trying to get past the price of $ 400, it is impossible if the price of bitcoin instantly rises to $ 700 with a sudden, because it requires a rather long process

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martinacar
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March 11, 2016, 09:41:46 AM
 #85

You never know what will happen in the future. But we all hope that it will reach a high value. That can be very good for us.
But you never know what will happen and just lets hope for the best thing that can happen.
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March 11, 2016, 09:43:27 AM
 #86

Usless topic how you can be so sure that BTC will never reach 700$ again?

Maybe and hopefully it will reach far more than just 700$.

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March 11, 2016, 10:15:52 AM
 #87

The rumors on Bitcoin 7-year prison sentence in Russia seem not to be priced in, I expect $420 ~ $410

On the other hand, if they really do it, and shut down or ban trade sites from Russia, the price could bump due to Russians who need desperately, prepared to pay premium on  a gray market exchanges.

this doesn need to mean anything but it can
this might be the case for price fluctuation for short period but Chinese are main in price not Russians



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newcoins1978
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March 11, 2016, 03:20:07 PM
 #88

I disagree with this, I think the price can go to a higher amount this year for sure because of the halving.
It can even go to the 1k this year so 700 dollar is nothing if you compare it in my opinion.
19x90
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March 11, 2016, 03:22:11 PM
 #89

Can someone in a few words explain why what will make the price going up or making going down i really have no idea about this part of bitcoins
LMGTFY
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March 11, 2016, 04:04:23 PM
 #90

Can someone in a few words explain why what will make the price going up or making going down i really have no idea about this part of bitcoins

Supply and demand - if the demand for BTC is greater than supply, i.e. the amount of BTC people want to buy is greater than the amount of BTC people want to sell, then the price will tend to rise.

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Meuh6879
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March 11, 2016, 04:09:37 PM
 #91

Bitcoin will be worth thousands one day, the question is when. Wink

clear.

like in 2010, 2011, 2012 and 2013.  Cool
Nextgen
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March 12, 2016, 09:46:47 AM
 #92

Can someone in a few words explain why what will make the price going up or making going down i really have no idea about this part of bitcoins

Supply and demand - if the demand for BTC is greater than supply, i.e. the amount of BTC people want to buy is greater than the amount of BTC people want to sell, then the price will tend to rise.

The total amount of coins do play a role in it and if significant amount of coins are burned or lost then the price might hit 700$ right after or go much higher than thousand dollars.However ,it is very hard to believe any pumps in the crypto world and read the price fluctuations accurately.
silentkiller
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March 12, 2016, 10:05:26 AM
 #93

Bitcoin will not reach 700 this year, bitcoin is only playing around the 390-460  marked this will last for 8 months after that we will see the true effect of halving.
watashi-kokoto
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March 12, 2016, 10:08:15 AM
 #94

After eating ethereum alive, bitcoin could reach well above a grand

The question is will Ethereum pop or would the bagholders be unaware and we're for a longterm eth decline
randy8777
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March 12, 2016, 11:00:41 AM
 #95

After eating ethereum alive, bitcoin could reach well above a grand

The question is will Ethereum pop or would the bagholders be unaware and we're for a longterm eth decline

that's something only the whales behind the eth pump knows. a lot people thought the price would peak at 0.01btc and then go down again, but it went up even higher than that. then people were saying it won't go above 0.02btc, and it still happened. and look where the price is now, it's over 0.03btc and might get pumped even higher.
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March 12, 2016, 11:14:48 AM
 #96

in the short time we have to see a depressed price.... but in a couple of years 700 is nothing!
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March 12, 2016, 11:36:23 AM
 #97

Bitcoin will be worth thousands one day, the question is when. Wink

clear.

like in 2010, 2011, 2012 and 2013.  Cool
exactly. there is plenty of people in this forum expecting bitcoin going to the moon, because they just bought or because of halving. The reality is with halving we can go to $500-600 max., and the good entry point was at the end of last summer.

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gentlemand
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March 12, 2016, 01:33:44 PM
 #98

The rumors on Bitcoin 7-year prison sentence in Russia seem not to be priced in, I expect $420 ~ $410

On the other hand, if they really do it, and shut down or ban trade sites from Russia, the price could bump due to Russians who need desperately, prepared to pay premium on  a gray market exchanges.

Russia's never counted for shit in the Bitcoin space. It's an interesting topic but not relevant to actual trading. Now if it were China we'd all be sitting in a smoking crater right now.
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March 12, 2016, 02:07:37 PM
 #99

I doubt that it will go up to 700 in a short time, however, it does go up and down in significative ammounts and you can profit from that if you are trading.

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March 12, 2016, 02:51:20 PM
 #100

After eating ethereum alive, bitcoin could reach well above a grand

The question is will Ethereum pop or would the bagholders be unaware and we're for a longterm eth decline

what if ethereum will play a big role as a second crypto and replace litecoin, which is already what is happening?

i don't see etheruem falling to the initial value anymor,e it's too big already, unless some major "premined concerns" happen, like for darkcoin
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