DarkThrones
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July 08, 2016, 06:54:00 PM |
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There is definitely strength shown at the mid 600's. I think no matter what happens this will be a good place for support. There is a big chance that there can and will be a huge selloff at halving, but there is also a good chance that there will be panic buying. The market has moved to meet speculation so anything could happen.
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virtualkeybuyer
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July 08, 2016, 07:18:13 PM |
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The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
the one thing is sure that we will not lose our money after halving as after halving the price will have a very good effect with the lesser supply, it is true that a number of people will sell their coins but there are a lot of people who know that what is going to happen and they will not sell their coins and in the coming future they will get more profits from it.
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CjMapope
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July 08, 2016, 07:20:38 PM |
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The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
thats my thoughts too. remember the last big pump was several months after the halving, so it may take a while to happen. i was really surprised we had a dip there few days ago, felt like a "last chance to get in" moment haha
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iram66680
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July 08, 2016, 07:26:35 PM |
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The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
thats my thoughts too. remember the last big pump was several months after the halving, so it may take a while to happen. i was really surprised we had a dip there few days ago, felt like a "last chance to get in" moment haha I noticed that too ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It is like the bitcoin price is teasing us to buy before it is too late ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) A shame bitcoin a shame on you haha. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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richardsNY
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July 08, 2016, 07:40:08 PM |
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The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
thats my thoughts too. remember the last big pump was several months after the halving, so it may take a while to happen. i was really surprised we had a dip there few days ago, felt like a "last chance to get in" moment haha I noticed that too ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It is like the bitcoin price is teasing us to buy before it is too late ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) A shame bitcoin a shame on you haha. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) People have had enough time to buy as many coins as possible when the price was around $400. For some reason they always tend to wait a long time before they actually start buying.
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lllDMDlll (OP)
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July 08, 2016, 09:59:12 PM |
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The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
thats my thoughts too. remember the last big pump was several months after the halving, so it may take a while to happen. i was really surprised we had a dip there few days ago, felt like a "last chance to get in" moment haha I noticed that too ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It is like the bitcoin price is teasing us to buy before it is too late ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) A shame bitcoin a shame on you haha. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) People have had enough time to buy as many coins as possible when the price was around $400. For some reason they always tend to wait a long time before they actually start buying. With Bitcoin's volatility it is kind of hard to get yourself to buy until you see a good upward movement to give you confidence, which is why people tend to wait. So with that final dip I bet you guys are right that some people were pretty happy to get in before it's too late haha ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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d5000
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July 09, 2016, 12:54:45 AM |
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The halvening is near, and things have changed a bit the last days. When first it seemed people had already dumped following the 780 peak, the 560-80 range held and it seems to be all bullish again.
So my predictions are: The halving day is a "party day", so it must be bullish. The price will reach ~700 around the halving block (680-720). Then it will go up further a bit, and hit the 780 mark. If it breaks this mark (that's totally possible), then it will go even higher, into the high 800s.
For the next two months I predict relative high volatility in the range between 560 and 880, maybe even 950. Then things will calm down at around the same price we are now (600-680), with the sideways market ending in November/December with another uptrend.
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electronicash
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July 09, 2016, 02:07:17 AM |
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The halvening is near, and things have changed a bit the last days. When first it seemed people had already dumped following the 780 peak, the 560-80 range held and it seems to be all bullish again.
So my predictions are: The halving day is a "party day", so it must be bullish. The price will reach ~700 around the halving block (680-720). Then it will go up further a bit, and hit the 780 mark. If it breaks this mark (that's totally possible), then it will go even higher, into the high 800s.
For the next two months I predict relative high volatility in the range between 560 and 880, maybe even 950. Then things will calm down at around the same price we are now (600-680), with the sideways market ending in November/December with another uptrend.
Thats a very positive outlook. I would hope it could happen after all the demand for bitcoin is getting stronger still as people don't even recognize any altcoin yet. A lot of us are holding BTC still even with all the ICOs around.
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mkc
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July 09, 2016, 07:47:27 AM |
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The halvening is near, and things have changed a bit the last days. When first it seemed people had already dumped following the 780 peak, the 560-80 range held and it seems to be all bullish again.
So my predictions are: The halving day is a "party day", so it must be bullish. The price will reach ~700 around the halving block (680-720). Then it will go up further a bit, and hit the 780 mark. If it breaks this mark (that's totally possible), then it will go even higher, into the high 800s.
For the next two months I predict relative high volatility in the range between 560 and 880, maybe even 950. Then things will calm down at around the same price we are now (600-680), with the sideways market ending in November/December with another uptrend.
I agree with you I think you bring up a very valid point, price will be quite volatile.
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nejibens
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July 09, 2016, 08:08:47 AM |
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I think the price of Bitcoin will reach 1000$ may be some weeks after the next halving , and it's possible that the price will exceed this level a little bit.
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d5000
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July 09, 2016, 09:12:55 AM |
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Well, for now, it seems price "stranded" on the same level that yesterday (640-650ish). So it isn't clear if my prediction from some posts earlier still is valid.
But still there are more than 40 blocks - or around 6-8 hours until the halvening event, and I consider it a crucial event for price predictions because of its "symbolic value". 680-720 are still possible: If things turn to positive again in a couple of hours and before the halvening we see >666 (the last local peak) then I expect a pump that can reach 700 easily.
If it doesn't happen and the day against my predictions turns to be bearish, then I think we will see a retest of the 560-580 area, with uncertain outcome. This event could determinate if the following months will be bearish or bullish, as there are practically no fundamental news (the McAfee announcement being an exception) that could move the price significantly.
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Haruderty
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July 19, 2016, 01:55:48 PM |
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I think the bitcoin price could rise 10 times in the next 12 to 24 months. The price rose 50 times after last halving.
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Red-Apple
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July 19, 2016, 02:58:24 PM |
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I think the bitcoin price could rise 10 times in the next 12 to 24 months. The price rose 50 times after last halving.
10 times means reaching $6500 in only 1-2 years which i honestly thing is impossible to achieve in this short time. besides you can't really compare rising from $10 to $50+ to rising from $650 to $6500 by just a simple multiplication. that doesn't work that way.
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~Bitcoin~
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July 19, 2016, 03:50:22 PM |
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I think the bitcoin price could rise 10 times in the next 12 to 24 months. The price rose 50 times after last halving.
50 times in last halving? can you show us how ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Price can't go 10 times within next 12 to 24 hours for sure, as it will take lot more new money to enter into bitcoin economy and marketcap should be increased by atleast 10 times to get 10x price.
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randy8777
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July 19, 2016, 04:19:14 PM |
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I think the bitcoin price could rise 10 times in the next 12 to 24 months. The price rose 50 times after last halving.
10 times means reaching $6500 in only 1-2 years which i honestly thing is impossible to achieve in this short time. besides you can't really compare rising from $10 to $50+ to rising from $650 to $6500 by just a simple multiplication. that doesn't work that way. it's just another dreamer. i am quite sure that when the 12 to 24 months as he mentioned are over, he will look back at how far wrong his prediction is. maybe we won't even see the price reach a new all time high in 24 months...
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romero121
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July 19, 2016, 04:37:44 PM |
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Price of bitcoin is quite stable for a long time around $650, now few days back minor increase has happened, which took price around $680. Possibly expect to reach $700 soon.
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pishop98
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July 19, 2016, 04:44:43 PM |
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I want to hear what everyone thinks the price will be after the halving happening in the next few weeks. I'm predicting at least a $1200 Bitcoin by the end of July. Thoughts?
well it is 11 days left till end of July, and price is still very stable, only 650$, so because of that, i am pretty sure that it won't be even close to 1200$ at end of month, to be honest, i would be surprised if price would be 900$ then, but i think that price won't rise ext 2 weeks for sure and after these 2 weeks price will either rise or will fall down, and it is really hard to tell what will happen, if price will fall then it will fall to 400$ so, and if it will rise, it will go to 850$ but probably not more i think, but this is my opinion only
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Wind_FURY
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July 19, 2016, 04:48:23 PM |
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I beg to differ. I predict that bitcoin will go back under $600 in the coming months. The speculation about the halving is over and the people who got in to make a profit from it will leave sooner or later since the halving really had no effect on the price.
I also expect to see the smaller bitcoin mining farms to close because of the lesser reward and unprofitability. This may bring bitcoin's price to a stand still or go slightly down.
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crairezx20
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July 19, 2016, 04:53:20 PM |
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Price of bitcoin is quite stable for a long time around $650, now few days back minor increase has happened, which took price around $680. Possibly expect to reach $700 soon.
I think we are now expecting slow movement of the price because of block halving.. but if bitcoin will be in demand this follow weeks or months the price of bitcoin will increase more ..
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Shibashi Dogemoto
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July 19, 2016, 04:55:22 PM |
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Price of bitcoin is quite stable for a long time around $650, now few days back minor increase has happened, which took price around $680. Possibly expect to reach $700 soon.
I think we are now expecting slow movement of the price because of block halving.. but if bitcoin will be in demand this follow weeks or months the price of bitcoin will increase more .. Yeah we may see higher price in coming months as price is rising slowly at a moment so I have a feeling that we can expect the same in next couple of months.
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