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Author Topic: Welcome back! $700  (Read 5168 times)
chopper873
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July 03, 2016, 10:56:42 AM
 #21

For those who are not updated to the bitcoin price well I just post these for additional information of others And now it  reached again the barrier of $700 in https://www.bitstamp.net/
And the current price now is $702.94 as what we expect it will increase and increase until the halving.

So come on just wait and relax. It will reach its highest price this time. Grin

Cheers!

You will have to wait for a new high price.I'd say give it another few more months, maybe 6-10.
Regarding the $700 it seems there is not enough buying pressure to finally break it at the moment.
The volume is still not that impressive and another drop to where we were a few days ago wouldn't surprise me.
I don't expect much movement until halving or shortly after it.The next real growth will happen with a bit of delay, at the end of this year imo.

I expect the price to stay in a $30 to $40 range between $670 and $710 for the next week, so it will probably go to $750 soon. I agree there will be a time delay between the halving and impressive rises above the ATH, so it will probably go impressively above the ATH before the halving.
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July 03, 2016, 11:13:10 AM
 #22

It is nice to see we are back on that level. But it should raise a lot, I think it should reach $900 as the days are passing by fast, and today it's 3rd July. We should see some drastic movements from now on.

Im still half under the impression that whoever is pumping up the price, be it a single person or a group, arent going to allow the price to reach $1000 because this is like a universal exit point for so many bitoicn users. I think whoever is pumping knows this and knows that a significant amount will be dumped once we get near to that price.

Anything can happen at halving. Even if price reaches 1000$ and people started dumping, it will be good for the investors to buy again at a low price. We could have new bitcoins users then. Wink

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July 03, 2016, 11:17:04 AM
 #23

Looks like those bastards are trying to push the price down and don't want to se it above 700$ but eventually we will break i again and stay above.
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July 03, 2016, 12:13:43 PM
 #24

i went to bed with the price being just over the $700 price level, and i wake up seeing the price got dumped down again. i could definitely make some profit on that dump if i was not sleeping.
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July 03, 2016, 12:22:14 PM
 #25

it seems like i am late to the party!

even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp

but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.

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July 03, 2016, 12:34:12 PM
 #26

i went to bed with the price being just over the $700 price level, and i wake up seeing the price got dumped down again. i could definitely make some profit on that dump if i was not sleeping.
same for me, it is really sad to see that the price is still not going only up even though only a few days are left before the bitcoin block reward halving event

i hope that we will soon reach the 700 dollar mark once again and the bitcoin is not going to go back to lower numbers, also after the halving the price should surely be pumped
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July 03, 2016, 12:52:34 PM
 #27

it seems like i am late to the party!

even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp

but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.

When i checked yesterday the price was at 704, now we are back to 670. For some reason 700 dollars seems to be price that is hard to breach.
If there is stable support we may see some good things.

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July 03, 2016, 12:55:33 PM
 #28

it seems like i am late to the party!

even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp

but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.

When i checked yesterday the price was at 704, now we are back to 670. For some reason 700 dollars seems to be price that is hard to breach.
If there is stable support we may see some good things.

Even if price has gone down today we can expect that price in coming days and I am sure price won't be below $750 at the time of halving.
jhenfelipe
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July 03, 2016, 01:21:38 PM
 #29

it seems like i am late to the party!

even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp

but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.

When i checked yesterday the price was at 704, now we are back to 670. For some reason 700 dollars seems to be price that is hard to breach.
If there is stable support we may see some good things.

Even if price has gone down today we can expect that price in coming days and I am sure price won't be below $750 at the time of halving.
Good to know that the price goes up to $700 again. Hopefully you are right that it won't be below $750 on halving. There are quite small changes on the price of bitcoin these past few days that's why it's hard to predict/expect sudden increase but I'm still hoping for more on or after halving day. Can't wait to see it in $800 and up, that would be really a good time for me to trade again.
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July 03, 2016, 01:25:45 PM
 #30

Im still half under the impression that whoever is pumping up the price, be it a single person or a group, arent going to allow the price to reach $1000 because this is like a universal exit point [...]

I'm suspecting this, too. If I wanted to "ride this wave" of the rally, I would sell at most at $950. (I actually am not riding this wave with major sums because I still have no real confidence in this second part of the rally).

But I don't know if the 900s will be reached in the next 4-5 weeks. It is possible, if the price increase in the following 2-3 weeks is not too steep and on the other hand we have no major correction (under 550). But if we see a double top in the 770-800 region then I would guess that the next step could be even lower than 550 USD.

The fundamentals will also be a big influence: What will happen with the block size debate, will the Lightning Network be a success, and what about Segwit? That discussion could be a major source for volatility in the next months.

I expect $1000 to happen, but in 2017.

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July 03, 2016, 02:12:25 PM
 #31

it seems like i am late to the party!

even if the price broke $700 it seems that it was only a temporary thing because i see $677 at preev.com/btc/usd/source:bitstamp

but i am still hopeful that price will soon go much higher than this and we will see another big rise after the halving.

When i checked yesterday the price was at 704, now we are back to 670. For some reason 700 dollars seems to be price that is hard to breach.
If there is stable support we may see some good things.

Even if price has gone down today we can expect that price in coming days and I am sure price won't be below $750 at the time of halving.
Good to know that the price goes up to $700 again. Hopefully you are right that it won't be below $750 on halving. There are quite small changes on the price of bitcoin these past few days that's why it's hard to predict/expect sudden increase but I'm still hoping for more on or after halving day. Can't wait to see it in $800 and up, that would be really a good time for me to trade again.


Users are eagerly waiting to see the price of $800 so that they can sell their coins and secure the profits, but I think it will take some more time to achieve that price.
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July 03, 2016, 02:19:09 PM
 #32

i went to bed with the price being just over the $700 price level, and i wake up seeing the price got dumped down again. i could definitely make some profit on that dump if i was not sleeping.

I imagine this trend of bumps up and down will continue until people get used to it, and then when a lot of people try to exploit it for some
trade profits, it will just jump up,up and away,leaving sellers behind. Yup, i think its controlled to some point,thats why i just hodl.
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July 03, 2016, 02:24:41 PM
 #33

It seems to be hovering but dipped a little bit. I wish it was a steady rise all the way up to the halving but some fairly major things happened in the market this week. Brexit, withdrawals stopped from a major exchange... it all works out in the end though!
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July 03, 2016, 03:10:57 PM
 #34

i went to bed with the price being just over the $700 price level, and i wake up seeing the price got dumped down again. i could definitely make some profit on that dump if i was not sleeping.

I imagine this trend of bumps up and down will continue until people get used to it, and then when a lot of people try to exploit it for some
trade profits, it will just jump up,up and away,leaving sellers behind. Yup, i think its controlled to some point,thats why i just hodl.

don't think the majority of the people here will ever get used to these fluctuations. it has been happening from the beginning and people still panic when they see the price goes down a few bucks. for me personally these fluctuations are a more than welcome thing as i profit from trading against the volatility. where other people panic, i see opportunties.
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July 03, 2016, 03:19:06 PM
 #35

It is nice to see we are back on that level. But it should raise a lot, I think it should reach $900 as the days are passing by fast, and today it's 3rd July. We should see some drastic movements from now on.

Im still half under the impression that whoever is pumping up the price, be it a single person or a group, arent going to allow the price to reach $1000 because this is like a universal exit point for so many bitoicn users. I think whoever is pumping knows this and knows that a significant amount will be dumped once we get near to that price.

No, that's not a universal exit point, because when we are moving towards a new halving, we should expect a new high too. So, definitely we are going above that 1000 thing and I expect even more hazardous moves from today onwards.
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July 03, 2016, 03:19:37 PM
 #36

Not one predictions in this thread was correct lol

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July 03, 2016, 03:53:40 PM
 #37

It is nice to see we are back on that level. But it should raise a lot, I think it should reach $900 as the days are passing by fast, and today it's 3rd July. We should see some drastic movements from now on.

Im still half under the impression that whoever is pumping up the price, be it a single person or a group, arent going to allow the price to reach $1000 because this is like a universal exit point for so many bitoicn users. I think whoever is pumping knows this and knows that a significant amount will be dumped once we get near to that price.

No, that's not a universal exit point, because when we are moving towards a new halving, we should expect a new high too. So, definitely we are going above that 1000 thing and I expect even more hazardous moves from today onwards.

I don't think $1k price is possible at halving as price has gone back to $655 now and we were expecting that it will cross $700 today but nothing is going in a right direction.
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July 03, 2016, 04:04:23 PM
 #38

LOL well that illusion got shattered quickly.

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July 03, 2016, 04:09:45 PM
 #39

Yeah, the price is once again started to increase, today I am seeing the price reached to $650 but hope that it will reach to $700 once again sooner and after that it will continue to increase and will give us profit continuously till the end of the year.
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July 03, 2016, 04:10:25 PM
 #40

For those who are not updated to the bitcoin price well I just post these for additional information of others And now it  reached again the barrier of $700 in https://www.bitstamp.net/
And the current price now is $702.94 as what we expect it will increase and increase until the halving.

So come on just wait and relax. It will reach its highest price this time. Grin

Cheers!

Thanks for the tip, OP, my longs just got liquidated @ $655.
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