350 USD in August

[23dzmaz]

Well, i don't think it will happen. But the price of bitcoin can back to normal like before the halving price. The halving hype is done and the price of bitcoin is decreasing slowly right now.

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[MarkMJ]

To be completely honest there have been so many shills and shit on this  forum that I am no longer able to determine whether or not topics like this are satire or being actually legit with whatever they're saying. So much of this topic screams satire, but I can't say that for sure.

As for the OP; hitting $350 in August seems doubtful. Considering the halving happened, the value HAS TO BE AT $600 MINIMUM so that the miners can pay their own expenses. $300 would force most miners out of business.

Bubbles don't happen when the supply of a material gets permanently halved. They find a new bottom line.

You are completely right but you don't get it?
The OP have BITVEST 
The OP call it,so you need to answer
This is the proof of OP 

I call it a bubble.

[Angell]

Is anyone supposed to take this "chart" seriously? It looks like it was done in MS Paint with a bunch of lines drawn everywhere that have no relation to anything to support the ridiculous prediction.

You can read a book of 700 pages about technical analysis in economics then you'll understand what those lines mean. I didn't say to take it seriously I just copied the picture from that guys post.

[pooya87]

It's coming
EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?
I call it a bubble

even if it is a bubble and even if it bursts then it takes a lot longer than only 20 days (until August) to go down to $350 it would be $300 decrease after all. its a super slow process because people buy when price goes down and day-traders trade the shit out of this situation to make profit.

besides there is no reason for going down because it is not a bubble, and even if it were, whales won't let it happen even if it means throwing a lot of money at it.

[vero]

I guess if it happens very nice so we'll get a chance to get profit like before it may with holding for a short time will make the price rise because halving is already happening.

[danherbias07]

To be completely honest there have been so many shills and shit on this  forum that I am no longer able to determine whether or not topics like this are satire or being actually legit with whatever they're saying. So much of this topic screams satire, but I can't say that for sure.

As for the OP; hitting $350 in August seems doubtful. Considering the halving happened, the value HAS TO BE AT $600 MINIMUM so that the miners can pay their own expenses. $300 would force most miners out of business.

Bubbles don't happen when the supply of a material gets permanently halved. They find a new bottom line.

And there goes an answer. Should this thread be stopped or it will come down to another 100 pages  up until August? 

[mandica]

3xx BTC would be a disaster, it goes against the expected paradigm: scarcity of coins and increasing awareness, it would be bad for Bitcoin for good for some alts.

I don't believe its coming.

It will never happen. If it does happen, it means the bitcoin is going to die. The price will not stop at $350.

[noormcs5]

I totally disagree with you. The price will not drop the half in a month like you think . there are a lot of traders have buy orders ways before that price.

May be i am not right, but i am sure within months bitcoin price will come down, even it will be come in $350 to $400. And it is a good opportunity to buy the bitcoins once again, and then in the end of the year the price of bitcoin once again increase, and that will be the time to sell your bitcoins.

[betohell]

Well, i don't think it will happen. But the price of bitcoin can back to normal like before the halving price. The halving hype is done and the price of bitcoin is decreasing slowly right now.

Lol before halving certainly some days ago and now the price is not much different from before halving? I think the price could go down at any time. August or whenever the price could drop to $ 350. no one knows

[HeroCat]

I do not think it is a bubble. BTC price depend from BTC mining difficulty, if the difficulty is high, BTC price is going up. In August BTC price will be around 630 - 650 USD. 

[Dudeperfect]

I don’t think so. Even if bitcoin ever reach at that price, it’s not going to happen at least next few months. Especially after halving, large number of miners will pop out of mining due to less or no returns of investments. Bitcoin will either fluctuate between $600 to $700 or it will be above $700 mark assuming period of next 6 months. Halving slow downed mining thus it will directly reflect on the price of available coins in circulation and this fluctuation will either be equal to neutral or positive in short term.

[Gatotare]

350 seems to be far away from resistance and today's support. Worst case scenario, we see the price go back to 450 dollar.
Way above the 350 price.

I think the worst case scenario is the price to drop below $550. The price will mainly stay above $630.

[coin_gambler]

Well, i don't think it will happen. But the price of bitcoin can back to normal like before the halving price. The halving hype is done and the price of bitcoin is decreasing slowly right now.

of course the price will not drop that much, i think that would be really crazy and that would definitely be not good as a lot of people would just sell all their bitcoins then

[bitlancr]

350 seems to be far away from resistance and today's support. Worst case scenario, we see the price go back to 450 dollar.
Way above the 350 price.

I think the worst case scenario is the price to drop below $550. The price will mainly stay above $630.

550 dollar is optimistic. I believe new support lies somewhere near 430 - 460 so we can still lose quite a lot on our current price.
But my guess is we will see it go down to max. 500.

[CoinFoxs]

It's coming



EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?

I call it a bubble.

It will not gonna happen because it is almost the half of the price that is the price of bitcoin right now and in august the price will be in between 680$- 700$. Bitcoin's price fluctuate but it will not dropped to the amount that is very low, bitcoin is accepted by many countries and their companies so it will increase their price in august.

[expert4knowledge]

It's coming



EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?

I call it a bubble.

It will not gonna happen because it is almost the half of the price that is the price of bitcoin right now and in august the price will be in between 680$- 700$. Bitcoin's price fluctuate but it will not dropped to the amount that is very low, bitcoin is accepted by many countries and their companies so it will increase their price in august.

Yes, if it was going to happen it would have to happen so far and specially after halving but there is no sign of it.

[Cast12]

I totally disagree with you. The price will not drop the half in a month like you think . there are a lot of traders have buy orders ways before that price.

This is an indicator that the price will not drop by half in a month, so I agree with you.

[MarkMJ]

Many of you have bitcoin and do not even know what is actually!
But all of you know one thing!
Is UP and DOWN
It will be 1k at the end of August.

[Doamader]

The minimum ammount bitcoin may reach will be 500 with a bad day, otherwise makes no sense, the miners wont let the price down too much, even if they let the price down to get more coins, they will need to make pression into the market. But be sure the halving price its already an achievement and we are getting near the 1000 dollars once again.

[Xester]

Well this is a literal "the halving" of the value of bitcoin LMAO

I know for a fact that this is nearly impossible to happen but it's probable.

I agree with you and lets just not hope that 350$ is coming our way if that happens its goodbye income for me. My income will be reduce to half and It will gave me work to do to earn what I am currently earning. But it is impossible so I am confident a little that my bitcoin activities will not let me down. Given the price trend the price deflation is impossible as I see it this august, probably a price increase instead of a decrease.