We will break $800 they said...

[a7mos]

I am hoping for a pop and fall to $600. We seem heated up with speculation. Let's break $800 in August or September when we have a valuation based more on utility.

I think this will happen. Any fast rise in bitcoin is followed by a correction movement that cause a fall

[BitHodler]

Some traders probably couldn't handle the price at these levels and decided to sell in order to secure their profits.

Or maybe it has something to do with the $18-$19 million valued coin auction today.

I personally think the price went down because of the first option I mentioned as that is more likely the case.

[Doms]

I am hoping for a pop and fall to $600. We seem heated up with speculation. Let's break $800 in August or September when we have a valuation based more on utility.

I'm with you on this. The sudden price is surge is not sustainable and not really healthy for the market. $800 will be reached in time, I'm hoping by end of the year, and slowly go for $1000 by mid to around third quarter of 2017. With the way the price has behaved the last month or so, we are due for a correction.

[Amph]

you should be satisfied, with the last increase, it went up 70-80%, what do you want, a indefinite increase? it's obvious that there will be a price correction at some point

nothing to worry about, same shit as 2xx-4xx pump

My issue is CNBC does a big writeup on Bitcoin being a store of value and less than 12 hours later it tanks 10%

It is this kind of shit show that keeps crypto from being taken seriously by many people.

you should also see the positive side, it went 70% higher, and 10% down, in the end it went 60% higher

the final outcome is what matter, the real value is the stagnant one we will get soon after the consolidation and the p&d for accumulation, will end

[Altynbekova]

It is possible for the Bitcoin price to reach $800 this or next month and before the halving start coming in. I want the price to reach $800 because I want to sell some coins just before the halving starts coming in.
I do not know what the price is going to be after the halving so I want to take my chances now.

[Icathia]

We will have a new ATH they said...



It will plummet again because we haven't fixed the fundamentals I said...

*stares at the charts*

thats just the beginning to be honest, the price has a lot of potential to grow still and is most probably going to start growing again any time soon in my opinion becuase people will buy

i think we will break a new all time high pretty soon to be honest thus allowing people and all the investors to make some good money in the near future, hopefully my predictions are correct

Off course it is possible that we hit the 800 each and that is not very strange because we are allready up into the 700 so it may not take allong time that we hit the 800.

[DuckKeeper]

Off course we will hit the 800 at the end of 2016 for sure that is possible. There are to many peopel who think that he is going to drop after this but i dont think he will.

[Snorek]

Don't fret guys. Braking $800 is reality - it will be even more apparent after the halving, breaking $1000 is a possibility and achieving new ATH later this year is not impossible.
Bitcoin was stable for a long time before only recently its price went higher, and you already want it to go double or tripe that amount? Have some patience.

[1Referee]

We just need China to start pumping like they have done previously. I still think it's possible before reaching the block halving.

[uki]

We just need China to start pumping like they have done previously. I still think it's possible before reaching the block halving.

With the speculation pumps there is one problem. It is hard, if not impossible, to predict when they happen, or even, if it all happen.
Same here, where we are now. We may as well go back to $500, as resume the further rally.

[1Referee]

We just need China to start pumping like they have done previously. I still think it's possible before reaching the block halving.

With the speculation pumps there is one problem. It is hard, if not impossible, to predict when they happen, or even, if it all happen.
Same here, where we are now. We may as well go back to $500, as resume the further rally.

Correct. At this point the price can go into any direction. That's why it's extra important to use the +$700 prices in your advantage to cash out some of your coins. Those who did sell at +$700 prices did the right thing.

[Sukovsky]

Just cut the post halving slow growth bullshit. You get a big pump. Crashes. Then settles somewhere in between. Thats how bitcoin grows. The 1000+ action is within the next 3 weeks. Don't be dumb, mark my words.

[Yakamoto]

Just cut the post halving slow growth bullshit. You get a big pump. Crashes. Then settles somewhere in between. Thats how bitcoin grows. The 1000+ action is within the next 3 weeks. Don't be dumb, mark my words.

$1000 could potentially be there, but I wouldn't make any guarantees. The halving will just show us where the miners are going to be able to settle in, and not throw Bitcoin up super high just because Bitcoin has become relatively more scarce. The miners still have their own bottom line and can manage to sell Bitcoin for less than everyone else if they price everything correctly.

[greatr]

I am hoping for a pop and fall to $600. We seem heated up with speculation. Let's break $800 in August or September when we have a valuation based more on utility.

I think this will happen. Any fast rise in bitcoin is followed by a correction movement that cause a fall

thats true bitcoin is going to grow a lot pretty soon thus pushing the price up before halving

in my opinion we will still reach 800 soon and maybe even a new all time high after a few weeks

[Hyena]

Just a correction. BTC was obviously overbought. It will start climbing up from 650$ range again.

[d5000]

Perhaps this correction came at the right time to allow the price to climb a lot further around or just before the halving date.

We have seen a very steep price increase after leaving the 560-90 corridor. This was obviously greedy speculation. Now from a psychological point of view it is important to not fall below this level (high 5xxs) again. (This area is, as some TA experts said, also an important Fibonacci retreat level).

If this value can hold or BTC finds even a higher short-time floor, then I expect the 800 to be broken before the halving. It could go as high as the 950-990 area, but I think for 1000+ it's simply too early, as the positive (and even euphoric) sentiment in the cryptocurrency world has taken a hit because of the DAO incident.

[yhansky]

We will have a new ATH they said...



It will plummet again because we haven't fixed the fundamentals I said...

*stares at the charts*

I hope so,cause im waiting for bitcoin go up again been loosing some amount because of going down that happened since monday,
I still have faith that bitcoin will go up again.

[bitcoin-hunter]

We will have a new ATH they said...



It will plummet again because we haven't fixed the fundamentals I said...

*stares at the charts*

I hope so,cause im waiting for bitcoin go up again been loosing some amount because of going down that happened since monday,
I still have faith that bitcoin will go up again.

It will again its all about our patient that we need if we just hold the patient we will succeed and it will hit even the 1k this year soon or later.

[pooya87]

it is funny to see kwukduck here again, although it was expected, he crawls out of his hole whenever there is a dip, or even an stable price and like a broken clock just repeats one thing.

[rektDude]

We will have a new ATH they said...



It will plummet again because we haven't fixed the fundamentals I said...

*stares at the charts*

I hope so,cause im waiting for bitcoin go up again been loosing some amount because of going down that happened since monday,
I still have faith that bitcoin will go up again.

It will again its all about our patient that we need if we just hold the patient we will succeed and it will hit even the 1k this year soon or later.

We will hit it soon or later and with the halving in our eye sight its for sure gonna happen with some faith in the bitcoin.
We just need more people to gain the worth of the bitcoin.