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Author Topic: Bitcoin will never reach $700 again  (Read 25171 times)
1Referee
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March 14, 2016, 09:33:23 AM
 #121

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.

I think people are a bit disappointed in how this new year started. A lot people were thinking the price would increase significantly in January, and it didn't happen. They then put their focus on February, and still it didn't happen. That's why some one them may become quite negative in their thinking.
Kollor
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March 14, 2016, 09:53:50 AM
 #122

Why not? bitcoin's price is still moving, and bitcoin is still alive, as long as we have faith in it, then it will be there, as we all know, speculation and news are factors that affects the bitcoin's price. But as to when it will be there? I think before the year end or the first month of the next year..Think positive..
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March 14, 2016, 12:07:38 PM
 #123

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.

I think people are a bit disappointed in how this new year started. A lot people were thinking the price would increase significantly in January, and it didn't happen. They then put their focus on February, and still it didn't happen. That's why some one them may become quite negative in their thinking.

Its not the problem of users. People mind is in a such a way to focus on negativity than keep moving to reach the desired target. Those negative thinking on the price will vanish off when they experience the price rise.

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uki
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March 14, 2016, 02:21:11 PM
 #124

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.
I wouldn't say it will never exceed that price. But it will be difficult without further innovations. Halving alone should get us to $500-600 max., to go further we need something more. Also the latest top ($1200+) was achieved thanks to bot plays, on a scale that will be complicated to repeat.

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darkmagician
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March 14, 2016, 02:26:21 PM
 #125

if companies promote bitcoin and on online stores bitcoin will even reach 2000$,, as for now bitcoin will never drop again to its bottom  value which is at 240 or whatever it is., bitcoin still holding and making its way to go up and up
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March 14, 2016, 02:36:01 PM
 #126

I think it could go to around $700 with the halving. It's going to be interesting for sure. I'm sure the price will spike but what I'm most worried about is how long it will stay like that before we get a crash. I still think bitcoin will go to over 1k again but we could be waiting a while for that. Hopefully bitcoin will creep up growing steadily over time instead of booming which is healthier in my opinion.
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March 14, 2016, 04:40:01 PM
 #127

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.
I wouldn't say it will never exceed that price. But it will be difficult without further innovations. Halving alone should get us to $500-600 max., to go further we need something more. Also the latest top ($1200+) was achieved thanks to bot plays, on a scale that will be complicated to repeat.

sure but i dont give high hopes for halving i expect something bigger but after halving maybe hitting over 900 but 1000 seem little difficult to achieve at the moment



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March 14, 2016, 04:47:49 PM
 #128

Of course there will be a chance that it can reach. But you never know when it will happen and how long it takes.
You can see now that the value is rising slowly and that is very good. But you dont know when it stops and that is the problem. The halving is also coming.
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March 14, 2016, 11:09:50 PM
 #129

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.
I wouldn't say it will never exceed that price. But it will be difficult without further innovations. Halving alone should get us to $500-600 max., to go further we need something more. Also the latest top ($1200+) was achieved thanks to bot plays, on a scale that will be complicated to repeat.

sure but i dont give high hopes for halving i expect something bigger but after halving maybe hitting over 900 but 1000 seem little difficult to achieve at the moment
I agree, after halving and with some developments made, we can go further, even towards $1000. But it is a bit more distant future.

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gilangIDR
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March 14, 2016, 11:57:00 PM
 #130

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.
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March 15, 2016, 04:19:50 AM
 #131

I don't know why some people think that Bitcoin will never reach this price when we know that Bitcoin already exceed the predictions of many experts since few years ago, and got the highest prices.
I wouldn't say it will never exceed that price. But it will be difficult without further innovations. Halving alone should get us to $500-600 max., to go further we need something more. Also the latest top ($1200+) was achieved thanks to bot plays, on a scale that will be complicated to repeat.

sure but i dont give high hopes for halving i expect something bigger but after halving maybe hitting over 900 but 1000 seem little difficult to achieve at the moment

some people just get caught up with the whole hype.

and what they fail to see is the whole "buy orders" concept on the exchange to actually be there. So yeah, like you mentioned if no one reacts to the halving then itll stay mutual.
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March 15, 2016, 04:37:40 AM
 #132

your prediction will fail within next 3 months when bitcoin reach $1000 or more,upcoming halving will surely affect the price of bitcoin and most of chances are it will pump higher the previous halving.
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March 15, 2016, 05:01:58 AM
 #133

your prediction will fail within next 3 months when bitcoin reach $1000 or more,upcoming halving will surely affect the price of bitcoin and most of chances are it will pump higher the previous halving.

i agree.
OP prediction is totally wrong because a price like $700 is nothing big and eventually we are going to get there but it need more time.
additionally there is halving on the way which can cause a bubble so we might even get passed 700

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March 15, 2016, 07:27:50 AM
 #134

your prediction will fail within next 3 months when bitcoin reach $1000 or more,upcoming halving will surely affect the price of bitcoin and most of chances are it will pump higher the previous halving.

are you sure with halving bitcoin can up to $1000 again Huh in my opinion after halving the bitcoin network will be down, and the fee of each transaction will be increase, maybe arround 50k/transaction . this is can make bitcoin bad for micropayment.
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March 15, 2016, 07:48:13 AM
 #135

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.

Of course we can expect a increase by the end of halving, but we can't see the price getting fixed to $700 for a long term.

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March 15, 2016, 08:17:15 AM
 #136

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.

Of course we can expect a increase by the end of halving, but we can't see the price getting fixed to $700 for a long term.
Like $300 price levels, $700 also will get passed by bitcoin in one or 2 days' trading sessions when it will be heading towards $1000 or $1200 price levels. We need to be more patience till halving to face these surprises.
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March 15, 2016, 08:23:11 AM
 #137

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.

Of course we can expect a increase by the end of halving, but we can't see the price getting fixed to $700 for a long term.

Still i'm hopeful it will reach more than $700 someday, it may be during or after halving. the more users and merchants using bitcoin, i'm pretty god damn sure, we will see how much we can move the price with more transactions being processed everyday.

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March 15, 2016, 06:16:06 PM
 #138

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.
You are mixing things a lot. Halving means that the number of coins available in the new blocks to be found will be cut into half. But, look at the number of coins already in circulation. There are already plenty of coins mined that won't be influenced by halving at all. And these coins may be used to push the price down arbitrary low.

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Ulloa
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March 16, 2016, 10:46:15 AM
 #139

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.

Of course we can expect a increase by the end of halving, but we can't see the price getting fixed to $700 for a long term.
You never know what will happen in the future and that is hard to predict. I hope that more people will use Bitcoin.
And that they can have some more profit later in the future. But you never know what will happen with the value. The halving is also coming.
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March 17, 2016, 12:44:27 PM
 #140

it will happen . after halving it can all change. I'm sure with the reduction by half bitcoin is 50% of the market can increase the desire to own bitcoin. bitcoin will be increasingly sought after. and the price of 700USD will be very easily achieved bitcoin.

Of course we can expect a increase by the end of halving, but we can't see the price getting fixed to $700 for a long term.
There is always a possibility that it can happen. But it will maybe takes a long time and that is the problem.
Not everyone can wait such a long time. So that is bad. But we have all to wait for a good value.
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