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Author Topic: Will bitcoin hit $600 this year or down to $200?  (Read 6871 times)
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April 03, 2016, 07:52:58 AM
 #81

Mass delusion. After halving, Bitcoin goes straight to 230. Ethereum goes to 50, becoming top cryptocurrency. "Mark my words".
You seems to be confident but i must say BTC will rise , you can yourself examine the previous 10 months , has the bitcoin fall again 200$??
But the experts are saying that with the halving which will occur this July will have a good effect on the price of bitcoin, now don’t know what do they mean, if they mean price increase then why some people have confident that the price will drop.
I have a doubt that if the big whales of bitcoins are the miners then the price will not go up, but they will try to deduct the value so that in the future no one wish for halving.

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April 03, 2016, 08:00:46 AM
 #82

I believe bitcoin will go up, not much, but $600 is possible by December.
You gave to long time for that to reach $600, you will see halving is going to occur in the mid of july this year and bitcoin price value will reach to $600 before the halving, and after that it will boost up.


It will not reach 600 before the halving it will reach 600 after the halving,when the difficulty is double and when the whales are holding bitcoins.
But I will say that no matter after the halving or before the halving, there are both the chances for the bitcoin to reach either $200 or $600, but all depends on the favour, adoption and support of the people, when they are with it it will reach or cross $600 and if they leaved it the price will go down to $200.


I don't think that people will take risk of leaving it at this stage as everyone has high hopes from bitcoin and it is a belief that price will go up at the time of halving.

People just assume that the price will go up due to the block halving. Have you ever thought about the scenario of seeing the price get dumped down real hard just before or just after the block halving? Think about it.
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April 03, 2016, 10:02:00 AM
 #83

I believe bitcoin will go up, not much, but $600 is possible by December.
You gave to long time for that to reach $600, you will see halving is going to occur in the mid of july this year and bitcoin price value will reach to $600 before the halving, and after that it will boost up.


It will not reach 600 before the halving it will reach 600 after the halving,when the difficulty is double and when the whales are holding bitcoins.
But I will say that no matter after the halving or before the halving, there are both the chances for the bitcoin to reach either $200 or $600, but all depends on the favour, adoption and support of the people, when they are with it it will reach or cross $600 and if they leaved it the price will go down to $200.


I don't think that people will take risk of leaving it at this stage as everyone has high hopes from bitcoin and it is a belief that price will go up at the time of halving.
It is true that the price of bitcoin is going to increase and will skyrocket at the time of halving but it is also true if a large number of people throw their coins to the market the price will drop to a lowest rate.
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April 03, 2016, 10:13:31 AM
 #84

I think bitcoin is now the best online invest option.But before investing part of  capital in bitcoin, i would like to know what people think about bitcoin price will stay on this year.I do think that it will rise up to $600 but i am asking myself why it wouldn't down to $200 this year?

Will it hit $600 this year or down to $200? let me know what you think about it.

 

Several days ago I said I would like to see some rise after halving on 700 $, or around. And to stay there. Not right after, but in months that come after. Before new year I think bitcoin will grow. In my opinion chances for that are much bigger then to fall on 200 $.
Last September price was around 200 $, now its double more and if I can learn something from it I would say that in September will be around 600$.
Its x3 after one yearnand that sounds perfect.

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April 09, 2016, 10:17:09 PM
Last edit: April 10, 2016, 08:48:45 AM by uki
 #85

I have a strong feeling that value of bitcoin will rise in the end of the year and it can never fall back to $200 and if it does then majority of people would prefer to quit.
did majority quit when the price fell from $1200 to $200 last time? No. There will be always new guys to play the pump and dump game until it finally stops. Or we have the real development, pushing the project more towards mass adoption.

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April 10, 2016, 04:28:03 PM
 #86

I have a strong feeling that value of bitcoin will rise in the end of the year and it can never fall back to $200 and if it does then majority of people would prefer to quit.
did majority quit when the price fell from $1200 to $200 last time? No. There will be always new guys to play the pump and dump game until it finally stops. Or we have the real development, pushing the project more towards mass adoption.

Clearly described, none really quitted the bitcoin on its sudden fall. This time we don't experience a price fall as the earliest days of bitcoin.

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April 10, 2016, 05:06:45 PM
 #87

I have a strong feeling that value of bitcoin will rise in the end of the year and it can never fall back to $200 and if it does then majority of people would prefer to quit.
did majority quit when the price fell from $1200 to $200 last time? No. There will be always new guys to play the pump and dump game until it finally stops. Or we have the real development, pushing the project more towards mass adoption.

Clearly described, none really quitted the bitcoin on its sudden fall. This time we don't experience a price fall as the earliest days of bitcoin.
That's right we won't experience a price fall to $200. How can it go to such a least value when everything goes smooth. Also bitcoin is not going to hit only $600 but its users are believing that it will reach $800 and above.

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April 10, 2016, 05:13:59 PM
 #88

$200 is just a dream at this point that i am sure we will never see again.

so there is only one way to go and that is to the moon.
even if the moon doesn't happen surely the $600 will.

Buying the dip...
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April 10, 2016, 06:12:27 PM
 #89

$200 is just a dream at this point that i am sure we will never see again.

so there is only one way to go and that is to the moon.
even if the moon doesn't happen surely the $600 will.

Agree,  $200 is a thing very low probably not so $600 or even more.
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April 10, 2016, 06:34:26 PM
 #90

If you look at current charts, we are seeing actually one of the most stable periods of Bitcoin history. Perhaps even already rivalling with the long sideways market in 2012.

Stable periods were often the base for jumps in price. So I would not be surprised if the price rises again in the near future, even with the current core/classic discussion. 600 are perfectly possible in the next months. But I don't think we will see 2000 this year, sorry Wink

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April 10, 2016, 07:05:29 PM
 #91

I think the bitcoin will reach the 600 dollar and I think it will even reach this amount very easy in my opinion because its a easy target in my eyes.
The halving is coming and it will let the price rise without any doubts for sure, I have no doubts about that.
Another fact is that the future of the bitcoin itself is also good because its growing in users everyday.
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April 10, 2016, 08:29:40 PM
 #92

I believe bitcoin will go up, not much, but $600 is possible by December.
You gave to long time for that to reach $600, you will see halving is going to occur in the mid of july this year and bitcoin price value will reach to $600 before the halving, and after that it will boost up.


It will not reach 600 before the halving it will reach 600 after the halving,when the difficulty is double and when the whales are holding bitcoins.
But I will say that no matter after the halving or before the halving, there are both the chances for the bitcoin to reach either $200 or $600, but all depends on the favour, adoption and support of the people, when they are with it it will reach or cross $600 and if they leaved it the price will go down to $200.


I don't think that people will take risk of leaving it at this stage as everyone has high hopes from bitcoin and it is a belief that price will go up at the time of halving.
It is true that the price of bitcoin is going to increase and will skyrocket at the time of halving but it is also true if a large number of people throw their coins to the market the price will drop to a lowest rate.

i dont think it will dent the price to go down, if there is a overwhelming more demand then the price set.

Its debtable of course, cause if theres too much sellers then buyers then the price will probably dip until it creates more buyers again.

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April 10, 2016, 09:19:51 PM
 #93

If you look at current charts, we are seeing actually one of the most stable periods of Bitcoin history. Perhaps even already rivalling with the long sideways market in 2012.

Stable periods were often the base for jumps in price. So I would not be surprised if the price rises again in the near future, even with the current core/classic discussion. 600 are perfectly possible in the next months. But I don't think we will see 2000 this year, sorry Wink
In a classical TA the longer the period in the horizontal trend, the bigger the potential of the move after the resolution of the new direction. However I don't see going over $500-600 based exclusively on the halving event. We would need something fundamentally important on top of that, e.g., an agreement on the new block size.

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April 10, 2016, 10:00:06 PM
 #94

I don't check the TA of the price, but my gut feelings says we will see both 300 usd and 600 usd this year.
Not sure which will come first but my guess it will happen anyway.
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April 10, 2016, 10:20:41 PM
 #95

I think bitcoin is now the best online invest option.But before investing part of  capital in bitcoin, i would like to know what people think about bitcoin price will stay on this year.I do think that it will rise up to $600 but i am asking myself why it wouldn't down to $200 this year?

Will it hit $600 this year or down to $200? let me know what you think about it.

 

I would prefer to think about bitcoin as a new way to visualize the economy with a major participation of ordinary people in its development, not only as an investment option, but I don't think it will return to the $200 level again.
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April 11, 2016, 02:00:44 AM
 #96

anything can happen, and im sure we will see it comeback to $1000. but i don't know when that's day will come, maybe 2100 Roll Eyes

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April 11, 2016, 02:08:52 AM
 #97

anything can happen, and im sure we will see it comeback to $1000. but i don't know when that's day will come, maybe 2100 Roll Eyes


Bitcoin can make anything happen, but this time the price is quite good and a stable value. The $200 to $250 was during Last time halving. This time surely we can have a increased price around $600 after halving as we are only $150 away from the price.

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April 11, 2016, 08:15:20 AM
 #98

I don't know both situation can happen. The price is know on its way up but we do not know how long that will last. If it goes $200 down it will be a good thing for the people that want to invest.
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April 11, 2016, 09:45:46 AM
 #99

I don't know both situation can happen. The price is know on its way up but we do not know how long that will last. If it goes $200 down it will be a good thing for the people that want to invest.

I dont think it will reach 200$ well that is a bad thing to most investor because they will lose a large amount of money from buying bitcoin now,but it will certainly reach 600 in the coming months.
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April 11, 2016, 10:01:02 AM
 #100

I have a strong feeling that value of bitcoin will rise in the end of the year and it can never fall back to $200 and if it does then majority of people would prefer to quit.
did majority quit when the price fell from $1200 to $200 last time? No. There will be always new guys to play the pump and dump game until it finally stops. Or we have the real development, pushing the project more towards mass adoption.

Clearly described, none really quitted the bitcoin on its sudden fall. This time we don't experience a price fall as the earliest days of bitcoin.
The chance is higher that it will reach the 600 this year because you see that the value is now quite stable so that is not bad and that it is also not even reducing in value.
The halving is also coming and the most people think that it will rise a bit after the halving.
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