Bitcoin will never reach $700 again

[mark coins]

I think that the bitcoin will soon or later reach the amount of 700 dollar this year because of the halving that is coming
The bitcoin has a very good future a head.

Yeah halving will take bitcoin to higher price and even if we don't see this price at halving we can expect this price by the end of the year.

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[richardsNY]

I think that the bitcoin will soon or later reach the amount of 700 dollar this year because of the halving that is coming
The bitcoin has a very good future a head.

Yeah halving will take bitcoin to higher price and even if we don't see this price at halving we can expect this price by the end of the year.

If you put your focus on the end of the year, then the chances of seeing the price increase will be considerably higher then when you only look at the block halving. Block halving is only 2 months away while we still have 6 months till the end of the year.

[azguard]

I think that the bitcoin will soon or later reach the amount of 700 dollar this year because of the halving that is coming
The bitcoin has a very good future a head.

Yeah halving will take bitcoin to higher price and even if we don't see this price at halving we can expect this price by the end of the year.

If you put your focus on the end of the year, then the chances of seeing the price increase will be considerably higher then when you only look at the block halving. Block halving is only 2 months away while we still have 6 months till the end of the year.

i give high hopes for biggest price at end of this year or at least in january of 2017
considering that price is increased from yesterday we are on the right track for now

[BitMaxz]

I think that the bitcoin will soon or later reach the amount of 700 dollar this year because of the halving that is coming
The bitcoin has a very good future a head.

Yeah halving will take bitcoin to higher price and even if we don't see this price at halving we can expect this price by the end of the year.

If you put your focus on the end of the year, then the chances of seeing the price increase will be considerably higher then when you only look at the block halving. Block halving is only 2 months away while we still have 6 months till the end of the year.

i give high hopes for biggest price at end of this year or at least in january of 2017
considering that price is increased from yesterday we are on the right track for now

i am sure that more people will be attract to buy bitcoins after block halving to use in many stores online..
so i believe that the price of bitcoin will increase until $700 according to traders outside in this forum.. i believe from them because they have a good speculation as of now..

[BitsandBites]

There will be of course a time that Bitcoin will reach that high value but the bad thing is that nobody will know when it will reach it and that is the problem of the currency.
Sometimes you have to take some risks if you are going to sell it or buy it and that is sometimes a difficult decision.

[Qunetick]

The bitcoin price is $620 in some Chinese exchanges. It seems the price could reach $700 in the July or August.

[bit1]

The bitcoin price is $620 in some Chinese exchanges. It seems the price could reach $700 in the July or August.

Probably yes if this volume is maintained.

[European Central Bank]

Like always these DEFINITIVE statements are gonna be pissed all over eventually. It's time people gave this shit up.

[dezoel]

Mark my words $700 will be the price at the of halving and we are moving towards it positively so I don't thin we have to worry about that.

[CryptoBjorn]

Mark my words $700 will be the price at the of halving and we are moving towards it positively so I don't thin we have to worry about that.

You could be right if we can hold 500 dollars this week. The price went from 558 to 520 now which means people are massively selling dumping their bitcoins. But i do feel there is enough
buy support to hold 500 dollars.

Which means 600 or even 700 before the halving, although you have to be really optimistic about that.

[1Referee]

Mark my words $700 will be the price at the of halving and we are moving towards it positively so I don't thin we have to worry about that.

Your words are marked. I personally am happy with any price above $500 at the time the block halving takes place. If it is $600 then it's great! If it's $700 then it's even greater! My guess is that the price just before the block halving sits in the range of $550-$600 Bitfinex exchange rate.

[Shibashi Dogemoto]

Mark my words $700 will be the price at the of halving and we are moving towards it positively so I don't thin we have to worry about that.

You could be right if we can hold 500 dollars this week. The price went from 558 to 520 now which means people are massively selling dumping their bitcoins. But i do feel there is enough
buy support to hold 500 dollars.

Which means 600 or even 700 before the halving, although you have to be really optimistic about that.

Yeah we need to be optimistic and realistic too, but now we will see some good price at halving for sure, as we were hoping to see $500 at halving which we saw at very early stage so anything is possible.

[zimmah]

I think OP meant bitcoin will never be as low as $700 again.

Give it a few months, and this will become true.

[jamesl22]

I think OP meant bitcoin will never be as low as $700 again.

Give it a few months, and this will become true.

Agreed, once bitcoin will cross $700 then we will never see that low price again as price will keep on moving up and we need to positive about it.

[Ted E. Bare]

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.

So how did your dollars perform?

[Semidetached]

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.

So how did your dollars perform?

His USD performed well against other major currencies. But it performed badly against bitcoin recently.

[romero121]

I think OP meant bitcoin will never be as low as $700 again.

Give it a few months, and this will become true.

Agreed, once bitcoin will cross $700 then we will never see that low price again as price will keep on moving up and we need to positive about it.

Well bitcoin reaches $700 only if the growth continues, but in reality we can't expect this to happen all time. Only at certain instances like the present the growth might take place. So to reach $700 it takes time.

[Angell]

Bitcoin has only a potential to grow beacuse when more people start using it the demand goes up, automaticly the price goes up as seen in the last few days.

[safari88]

I think OP meant bitcoin will never be as low as $700 again.

Give it a few months, and this will become true.

Agreed, once bitcoin will cross $700 then we will never see that low price again as price will keep on moving up and we need to positive about it.

Well bitcoin reaches $700 only if the growth continues, but in reality we can't expect this to happen all time. Only at certain instances like the present the growth might take place. So to reach $700 it takes time.

many factors that I believe we can reach $700 again. like today price increased rapidly, and this will probably continue when approached at least halving could reach $600, and then after halving is very likely to finish out of $700 achieved

[zimmah]

Bitcoin has only a potential to grow beacuse when more people start using it the demand goes up, automaticly the price goes up as seen in the last few days.

according to google trends, search interest in bitcoin is rising as well.

price and search interest have a history of being closely related, although it's debatable which one is driving which (but i think they drive each other).

As in, more people search for bitcoin and get interested, means more people buy it, means the price rises, means more people get interested which means more people buy it, etc.