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Author Topic: It will be bellow $600 before halving  (Read 2056 times)
Intristing
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July 26, 2016, 07:53:28 AM
 #41

Now the price of bitcoin being at 660 USD . I think it should be after halving bitcoin at least in the 800 USD. I still can not believe halving could have a major impact on the market price of bitcoin.

Everyone was expecting that price will fall after the halving is done but it didn't happen, in fact price is moving up slowly and that is a really good to watch.

That is because the price of bitcoin dropped before 10 July. Anyway, the price performance is very good this year.

I think the bitcoin community is more mature now. It is trying its best to make sure the price bubble does not appear.
oceanriver
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July 26, 2016, 10:10:23 AM
 #42

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
vero
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July 26, 2016, 11:42:02 AM
 #43

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
It's already set for next halving so i'm pretty sure the price of bitcoin would never go back to below $500 in the future maybe this is the new bottom of bitcoin price.

ausbit
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July 26, 2016, 03:33:23 PM
 #44

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
The last halving has really have not much effect on the value of bitcoin but instead, it stabilized the value in the range of $600 to $700. Many people are expecting that we can find the effect of the halving after a few months. We should keep an eye on it.
EastSound
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July 27, 2016, 07:00:55 AM
 #45

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
The last halving has really have not much effect on the value of bitcoin but instead, it stabilized the value in the range of $600 to $700. Many people are expecting that we can find the effect of the halving after a few months. We should keep an eye on it.

You might say the the last halving increased the value of the bitcoin by 100% since this time last year.
Intristing
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July 28, 2016, 05:22:47 PM
 #46

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
The last halving has really have not much effect on the value of bitcoin but instead, it stabilized the value in the range of $600 to $700. Many people are expecting that we can find the effect of the halving after a few months. We should keep an eye on it.

You might say the the last halving increased the value of the bitcoin by 100% since this time last year.

In September 2015, the lowest price of bitcoin was $198, the price is $650 now, so that is almost 3 times.
richardsNY
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July 28, 2016, 05:42:21 PM
 #47

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth.  

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
The last halving has really have not much effect on the value of bitcoin but instead, it stabilized the value in the range of $600 to $700. Many people are expecting that we can find the effect of the halving after a few months. We should keep an eye on it.

You might say the the last halving increased the value of the bitcoin by 100% since this time last year.

In September 2015, the lowest price of bitcoin was $198, the price is $650 now, so that is almost 3 times.

In the entire month September in 2015 the price was hovering above the $220 level. The price reached $198 in August 24 last year. That makes the price has gone up like 230% within a year at the current price level. Great return.
Yakamoto
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July 28, 2016, 05:55:18 PM
 #48

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth.  

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
The last halving has really have not much effect on the value of bitcoin but instead, it stabilized the value in the range of $600 to $700. Many people are expecting that we can find the effect of the halving after a few months. We should keep an eye on it.

You might say the the last halving increased the value of the bitcoin by 100% since this time last year.

In September 2015, the lowest price of bitcoin was $198, the price is $650 now, so that is almost 3 times.

In the entire month September in 2015 the price was hovering above the $220 level. The price reached $198 in August 24 last year. That makes the price has gone up like 230% within a year at the current price level. Great return.
It might be a great return but it was extremely costly for everyone that was holding during that period, and a lot of people who bought at the $1,200 could have lost a lot of money if they weren't bailing out sooner than everyone else. Buying everything when it was cheap could have yielded quite a few returns, but you have to remember what was lost to get the potential for those returns.
crairezx20
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July 28, 2016, 06:14:01 PM
 #49

The resistance at $ 654 is strong, perhaps that's the bottom, but it's good stay tuned for any changes that may occur from now.
For now the price is very stable at this level but i think we will see the price soon these following months the movement of the price is fast and we will see that the price will gradually increaase and will hit again back to 700 value..
potatopower
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July 28, 2016, 06:52:18 PM
 #50

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
a lot of people expected a big price growth and right now they are sad about it, i think that a price growth only can fix the situation now

though the  price is stable right now and i dont think that it is going to go down any time soon, the only way is up now as a lot of people are buying

 
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Rastanan
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July 29, 2016, 09:07:30 AM
 #51

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
a lot of people expected a big price growth and right now they are sad about it, i think that a price growth only can fix the situation now

though the  price is stable right now and i dont think that it is going to go down any time soon, the only way is up now as a lot of people are buying

The long the price stays around the current level, the less chance it will go below the $500 level in the future.
1Referee
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July 29, 2016, 09:23:59 AM
 #52

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth.  

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
a lot of people expected a big price growth and right now they are sad about it, i think that a price growth only can fix the situation now

though the  price is stable right now and i dont think that it is going to go down any time soon, the only way is up now as a lot of people are buying

There is nothing to be sad about as the price has gone up a lot already. Have people forget the entire month June where the price went up to nearly $800? If they are sad or disappointed in something, then it must be in themselves as their unrealistically high price targets never had a chance to be reached.
Intristing
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July 30, 2016, 09:24:48 AM
 #53

Traders having opened long margins are getting nervous.  They know it is too late to sell.  Market has no depth. 

DOWN WE GO ™

well price was 650$ before halving, and now, after halving price is still 650$, price is very, very stable right now so it is hard to predict how price will change now
a lot of people expected a big price growth and right now they are sad about it, i think that a price growth only can fix the situation now

though the  price is stable right now and i dont think that it is going to go down any time soon, the only way is up now as a lot of people are buying

The long the price stays around the current level, the less chance it will go below the $500 level in the future.

The $500 is the cost of mining for some miners. They will not sell below the price of $500 or less.
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