my own personal guess as to generally what will happen with the price

So $1000 by mid October? Could happen, though I never thought I'd be saying that. Could even be sooner.

I do not think the price will stay above $1000 this year. Maybe it will touch this level but it won't last long time because many people are waiting for it to sell

I agree with OP's analysis in general. Although I do believe there will be a significant dip somewhere along the way with the price subsequently correcting back upwards and a continuation of the general upwards trend.

I think touching 1000$ is really hard for bitcoin this year as even halving speculation failed to pump price to above 1000$ so i don't think there will be any another speculation or news in future within this year that can pump price beyond $1k.

Last months people had enough time to hype up the block halving, which they also did. What's left this year to focus on for people? What is the driver to +$900 levels? Block size increase?

Quote from: richardsNY on July 06, 2016, 07:53:30 PM

Last months people had enough time to hype up the block halving, which they also did. What's left this year to focus on for people? What is the driver to +$900 levels? Block size increase?

i'm down with this view. nothing much has changed this year, yet, and i think most of the buyer inspiration has been used up for the halving thing.

Quote from: smoothie on July 06, 2016, 07:25:06 PM

[img]https://i.imgur.com/m8TLHmNh.p/img]

confirmed.

Quote from: richardsNY on July 06, 2016, 07:53:30 PM

Last months people had enough time to hype up the block halving, which they also did. What's left this year to focus on for people? What is the driver to +$900 levels? Block size increase?

global economic slow down and financial turmoil in global markets.

That is what is coming in the latter half of this year and into subsequent years from now.

Hopefully even if bitcoin doesn't reach 1k the slower rises seem to be more steady making bitcoin a more safe asset so hopefully it will bring confidence for more people to invest in it.

smoothie must be a Chinese commie, he used red for up Up UP! Grin

Quote from: Tzupy on July 06, 2016, 08:50:00 PM

smoothie must be a Chinese commie, he used red for up Up UP! Grin

I used red to help blind people see what my point was.

Quote from: smoothie on July 06, 2016, 08:16:18 PM

global economic slow down and financial turmoil in global markets.

That is what is coming in the latter half of this year and into subsequent years from now.

Better be better than Brexit.

Quote from: smoothie on July 06, 2016, 07:25:06 PM

i think you are right about it, in my opinion the price of the bitcoin is going to grow too as people will be buying bitcoins

Quote from: a7mos on July 06, 2016, 07:33:06 PM

I do not think the price will stay above $1000 this year. Maybe it will touch this level but it won't last long time because many people are waiting for it to sell

bitcoin price will rise and reach $1000 but it will not be stable this year. this year is the wild year for the price and the price will swing up and down a lot and the stable above $1000 will happen next year at the very best scenario.

Of course he's right. Bitcoin is on a up trend. He may be wrong with the time frame but we';ll be right about $1000

Quote from: gogodr on July 07, 2016, 05:28:43 AM

Of course he's right. Bitcoin is on a up trend. He may be wrong with the time frame but we';ll be right about $1000

there was no time frame specified to be "wrong" about.

Just a general trend.

Quote from: smoothie on July 07, 2016, 08:02:57 AM

Quote from: gogodr on July 07, 2016, 05:28:43 AM

Of course he's right. Bitcoin is on a up trend. He may be wrong with the time frame but we';ll be right about $1000

there was no time frame specified to be "wrong" about.

Just a general trend.

Well then you maybe should have blacked out the months on the bottom of the chart. Wink

still looking good and on track for some moon action soon.
I'm HODLing

Not impossible. I also predict a price increase on the last quarter of the year, but a small increase day by day is okay with me even it's not a skyrocket one. All we can do is wait and see, but of course still hoping for the best. What's important as of now is for bitcoin to still remain and be more known and accepted.

this is a good guess as far as a general, vague speculation goes since you have no time frame and no specific price to rise to Cheesy

you may as well only said bitcoin will rise and didn't bother with the chart