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Author Topic: Reaching 1500$ after the halving , Possible ?  (Read 1200 times)
OmegaStarScream (OP)
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June 18, 2016, 12:04:36 PM
 #1

So now and we are at 750$ according to preev.com rates : http://preev.com/ and we are away from the halving block reward with 22 days => http://www.bitcoinblockhalf.com/
What are our chances to get the double of the current price (1500$) once the halving block reward happens? I'd like to hear some arguments if possible , not random stuff.

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June 18, 2016, 12:07:23 PM
 #2

Yes but only when the actual effects of the halving have settled, i.e. Diminished supply of coins on the exchanges = much higher prices

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June 18, 2016, 12:37:05 PM
 #3

it is very possible. this one-week movement of bitcoin up to 15%. and halving will occur approximately 20 days. there is a chance to experience a 100% increase. we just wait, because halving definitely beneficial to the holders of existing bitcoin.
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June 18, 2016, 12:40:38 PM
 #4

yeah, i think it is possible to reach $1500 after the halving in a short time and then eve it is possible to reach $2000+

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June 18, 2016, 12:52:07 PM
 #5

Impossible. Unless the tps limitation is fixed and unless Winklevoss ETF opens. Neither of which seems even remotely possible in time for 1500 to happen. 1000 is possible and will probably be reached in July, won't stay there, will be a long slide back down to 450. I predict we will see 1000-1200 in November/December.

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June 18, 2016, 12:55:54 PM
 #6

For me its possible to happen if the price of bitcoin will reach 900 value these weeks and we will see $1k value above.
Because many people are still buying bitcoins and Eth is goind to down so ethereum holder will convert  their funds from ethereum to bitcoin..
So it can be happen..
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June 18, 2016, 01:09:53 PM
 #7

For me its possible to happen if the price of bitcoin will reach 900 value these weeks and we will see $1k value above.
Because many people are still buying bitcoins and Eth is goind to down so ethereum holder will convert  their funds from ethereum to bitcoin..
So it can be happen..

Due to the recent hack on Etherum now most of the people are selling ETH to bitcoins which is causing more buying trend in bitcoin and it is resulting in more increase in price then expected. I think bitcion is hope to reach 2000$ at halving.
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June 18, 2016, 02:17:10 PM
 #8

it's fantastic to see the price reach $1500 if it indeed turns out to happen, but i expect a serious correction to happen making the price settle at a price of $600-$700 after reaching the high of $1000 just before the block halving. tension is building up which makes people hold their mouse cursor very close to the sell button.
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June 18, 2016, 02:45:00 PM
 #9

it's fantastic to see the price reach $1500 if it indeed turns out to happen, but i expect a serious correction to happen making the price settle at a price of $600-$700 after reaching the high of $1000 just before the block halving. tension is building up which makes people hold their mouse cursor very close to the sell button.
It will be pretty nice to see $1500 after halving, but what is going to happen to the price of Bitcoin in the future can never be trusted, that's the main thing here.
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June 18, 2016, 03:08:12 PM
 #10

Yes it is. But it probably won't happen right after the halving. I think it will take time for the market to adjust with the current price and feel the effects of the halving. Right now there's a lot of happy people who are more than willing to lock their profit once the price reach $1000

                                                                       
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June 18, 2016, 03:12:11 PM
 #11

Yes it is possible to reach that price ,,instead for those who say that btc will be going 4000$ after halving.
That is  so impossible ,too high price and bitcoin cannot go on that price.
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June 18, 2016, 03:17:26 PM
 #12

Maybe the price has already absorbed the impact of the halving? $1500 is a kinda heady target to reach. There'd need to be fresh blood and i don't think less production is sexy enough to tempt them in. What else has changed? Not a great deal.
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June 18, 2016, 03:23:12 PM
 #13

maybe its possible 1,5k$ after the halving , but not to fast , it will be stucked on 1k
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June 18, 2016, 03:28:00 PM
 #14

With the reduced bitcoin reward for each block and the increasing difficulty, the mining activity will be less profitable so less bitcoin produced then the price will increase unless it will increase before + after the halving then everyone will be happy  Wink
we don't have to reach $1500 to have a profitable mining but I think it will happens

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June 18, 2016, 03:28:57 PM
 #15

I don't think we  will see that high price after the halving, as majority of users believes that price will fall after the halving and if it doesn't then we can expect the price of $1k.
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June 18, 2016, 03:31:59 PM
 #16

So now and we are at 750$ according to preev.com rates : http://preev.com/ and we are away from the halving block reward with 22 days => http://www.bitcoinblockhalf.com/
What are our chances to get the double of the current price (1500$) once the halving block reward happens? I'd like to hear some arguments if possible , not random stuff.

it is a little hard to say at this point, for all we know bitcoin price can get stuck at this price of 750 for a long time just like we got stuck at $450 before.
but it is also possible that we see another wave of rises that can push the price up to $1000 in notime,.

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June 18, 2016, 03:39:34 PM
 #17

may be the current situations make people more optimistic bitcoin prices will rise up with very high after halving but everybody has know predict the movement of bitcoin prices it's very difficult and i have to say yes the prices after halving will be reach to $1500 but not automatically and it will need more time to reach those amount
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June 19, 2016, 01:53:47 AM
 #18

Anything is possible, Bitcoin has reached $1000 before and going to top it is not far from the horizon since bitcoin today is more popular than 2 years ago and we are in a better environment for digital currencies to evolve and prosper.

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June 19, 2016, 01:56:13 AM
 #19

There is definitely a chance that the price will double, but it is a very low chance. I think that $1000 after halving is a more possible amount. Any amount over $900 is good though
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June 19, 2016, 02:02:58 AM
 #20

1,500 USD is too high on or brfore halving, with current conversion price of BTC to USD it was not able to breach the 800 USD barrier while everyone thought it is possible sunce we reached 780 USD last week whuch is a few more pump could have reached 800 USD but it didnt, instead what happened was it suddenly dropped to 720 USD.
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