Cyaren
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July 05, 2016, 07:01:46 AM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1Referee
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July 05, 2016, 07:10:26 AM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it.
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Kellor
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July 05, 2016, 06:45:13 PM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it. The main factors driving the price higher is the mass adoption. If there are not many people using it, the price will be low.
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The Sceptical Chymist
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July 05, 2016, 06:48:23 PM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it. The main factors driving the price higher is the mass adoption. If there are not many people using it, the price will be low. I highly doubt that. It's speculators with deep pockets, it always is.
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mrhelpful
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July 05, 2016, 07:00:42 PM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it. You gotta factor some stuff though, the demand not be high now, but what if the twins actually get the ETF finally started. This would be mean demand would come from possible traditional investors who dont got a clue of the btc exchange, but still can be a part of it without having to do what we do.
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Kellor
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July 07, 2016, 10:40:41 AM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it. You gotta factor some stuff though, the demand not be high now, but what if the twins actually get the ETF finally started. This would be mean demand would come from possible traditional investors who dont got a clue of the btc exchange, but still can be a part of it without having to do what we do. ETF is just for the investors. It is zero sum game. It is better for the bitcoin to be used widely by people.
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newcoins1978
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July 07, 2016, 02:49:23 PM |
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I want the price to reach $800 in 2016 because we almost reached a 2 weeks ago but the price dropped before we were able to reach it. That was pretty bad because I was looking forward to that happening.
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hermanhs09
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July 10, 2016, 08:08:41 PM |
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I want the price to reach $800 in 2016 because we almost reached a 2 weeks ago but the price dropped before we were able to reach it. That was pretty bad because I was looking forward to that happening.
Yeah i remember that peak very well,i had like 2 bitcoin's back then,and i was waiting for it to get the 800$,but i haven't sold any, what was my mistake.I could really earn a lot,but i just was too greedy i guess,i could sell them earlier.
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bit1
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July 10, 2016, 10:15:34 PM |
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I want the price to reach $800 in 2016 because we almost reached a 2 weeks ago but the price dropped before we were able to reach it. That was pretty bad because I was looking forward to that happening.
Yeah i remember that peak very well,i had like 2 bitcoin's back then,and i was waiting for it to get the 800$,but i haven't sold any, what was my mistake.I could really earn a lot,but i just was too greedy i guess,i could sell them earlier. Now with less circulating the chances are that now that price is reached again soon.
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GamingBro
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July 10, 2016, 11:06:07 PM |
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Good times but i didn't sell my coins this day, i hope it will happen againe to us cause i really want to make some profit. This halving i was not lucky ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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lightyard12
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July 11, 2016, 04:35:04 AM |
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Too bad that BTC price is now at $654/btc. It's quite a drop form $750/btc.
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Kellor
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July 11, 2016, 06:14:55 PM |
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Too bad that BTC price is now at $654/btc. It's quite a drop form $750/btc.
It depends on how you look at the price.6 months ago, the price was around $400. Now the price is $650.
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buyinbtc
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July 11, 2016, 06:26:43 PM |
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. Yes it s pretty hard to think that it will hit that high, but come to think of this, if the halving should push through, the demand for bitcoin will surely go high because the supply is down. it is just a law of supply and demand... Am I right? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Demand won't be high. Without the block halving the price would struggle to keep itself even above $500 with the current over supply. The block halving will make sure the supply and demand levels will come closer to each other, that's it. The main factors driving the price higher is the mass adoption. If there are not many people using it, the price will be low. I highly doubt that. It's speculators with deep pockets, it always is. well yeah, speculators usually have a lot of influence on price and unfortunately we cannot do anything about it, in my opinion the price is going to grow really soon once again
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Xester
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July 12, 2016, 06:39:04 AM |
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The price of bitcoin broke $750 today, building on recent gains to hit a 28-month high.
Bitcoin prices reached $750.37 during the day's session, the highest since 7th February, 2014, CoinDesk USD Bitcoin Price Index (BPI) figures reveal. The digital currency exceeded its latest milestone of $750 after surpassing $700 early on 13th June, and then nearing $720 later that day.
Of late, bitcoin has benefited from a multitude of factors, including concerns about China’s economy, anticipation surrounding the upcoming halving and fear of a Brexit, and this momentum is showing signs it is continuing to build.
The digital currency suffered a notable drop on 14th June, falling more than 8% and coming within a few percentage points of a correction. While such a decline might have prompted concerns it had become overvalued, the digital currency’s recent gains support the position this was merely a temporary pullback.
Going forward, bitcoin could easily enjoy further appreciation, as data provided by bitcoin trading platform Whaleclub indicates short interest has dwindled to practically zero while long interest has hit an all-time high.
Past that, the digital currency could easily benefit from the visibility that blockchain technology has been generating.
A wide range of market participants, central banks and other entities have been examining this distributed ledger’s potential uses, and as the technology draws more attention, it may draw mainstream traders to the nascent market.
While market experts have provided various explanations for bitcoin’s recent price appreciation, one variable they are pointing to as having key importance is the upcoming halving of network rewards.
For more on the upcoming halving, read our full guide here.
Charles L. Bovaird II is a financial writer and consultant with strong knowledge of securities markets and investing concepts.
Follow Charles Bovaird on Twitter here.
Little boy with kite image via Shutterstock In your opinion what's happening in this moment? It will be a dump after the halving? What you expect in the next month? New ATH will be reached? In my opinion price will reach 1100$, then there will be a drop to 700$, and price will be stable around that price. There will be no more price decrease this year only price increase. China, Japan, Australia and other countries have started to make bitcoins at home to their people everyday users increase, activity increases, demands increases, difficulty increases and rewards decreases. With this observation there is a high potential that bitcoin is going up more and it will not go down the current price today.
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hermanhs09
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July 12, 2016, 10:27:38 PM |
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Too bad that BTC price is now at $654/btc. It's quite a drop form $750/btc.
It depends on how you look at the price.6 months ago, the price was around $400. Now the price is $650. The thing is that even really big time frame,is only a part of even the bigger time frame. What means that the trend you see on chart,might be just some pullback in the other one,much more bigger than the one you are thinking about.
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outatime1
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July 13, 2016, 12:30:49 AM |
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Apparently the $750 price was high even for the halving. We may be settling in to the new stable price around $650 after the halving event. It wouldn't surprise me to still see some movement either way though.
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23dzmaz
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July 13, 2016, 02:30:59 AM |
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Apparently the $750 price was high even for the halving. We may be settling in to the new stable price around $650 after the halving event. It wouldn't surprise me to still see some movement either way though.
The price of bitcoin is stable on $650+ right now and i think it will continuous increase slowly but sure to the $750. After the halving, the bitcoin's price not increase so high though.
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Xester
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July 13, 2016, 04:53:23 AM |
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In my opinion the price will stay at the current price, the expected increase will possibly happen next year. That makes a good news to us since we will have more time to earn and save bitcoin for the future breakout. But I hope my idea is wrong and there will be an intense price inflation increase this year three times higher than the current price today.
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Zadicar
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July 13, 2016, 06:04:12 AM |
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My expectation to Bitcoin price that it would increase this year or year 2017. I'll guess it would reach 1000$ or more. Well,no one know when it would happen but for sure it would benefit us all especially to those who hold their Bitcoin and waiting for the right time to exchange.
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mishra1994u
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July 13, 2016, 06:08:38 AM |
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My expectation to Bitcoin price that it would increase this year or year 2017. I'll guess it would reach 1000$ or more. Well,no one know when it would happen but for sure it would benefit us all especially to those who hold their Bitcoin and waiting for the right time to exchange.
I dont think it will happen that soon.Halving has happened and nothing happened till now.No price increase and bitcoin has a stable price till now. Yes it will increase in future but no that soon.
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