350 USD in August

[pocarime32]

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.

I don't think the price of bitcoin will decrease to $350 in august or even in this year. I'm sure the bitcoin's price will be stable for the next 1 month.

[TraderETH]

It's coming



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

I call it a bubble.

Because there are not people know about future even if many people use expensive software for prediction of price. Our prediction just has power 50% right and 50% wrong.

[jak3]

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.

Why Not? One month ago it was like 350$ and not it is 650$ so maybe it can be a bubble or because of halving markets became active and so the bitcoin price is rises but now as halving is gone market is again became normal and so the price can also drop.But anyway we can enjoy till the bitcoin  price is increases. 

[phreaky]

It's coming

Whaou, that's not only pessimistic, that's nearly unrealistic ^^

350$ is nearly the half of what's right now!
It's... really low. Why would we see such a drop?

It is only going to be possible if the price is going to drop a huge amount but I think that it is going to be bad thing for the people who want to sell there coins.
For the people that want to buy it is a good moment because the price then is not to expensive.

[romero121]

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.

I don't think the price of bitcoin will decrease to $350 in august or even in this year. I'm sure the bitcoin's price will be stable for the next 1 month.

Exactly said. As the price from $800 has decreased gradually towards $650. Even on halving it haven't given a big increase. The price is getting stabilized, it won't go down towards $350 as the user profile or users is getting increased.

[severaldetails]

If that would really be a bubble, a trigger would be necessary that makes it implode.
I don't see what that something might be.
I see the opposite, a smaller availability of bitcoins through halving does more than compensate the possible bubble effects from before halving.

[PokerFace3]

yeah why not 350$ can be in august as china seems playing little aggressive with bitcoins . that will make all of us so sad as of such price drop !

[Mr.grin]

yeah why not 350$ can be in august as china seems playing little aggressive with bitcoins . that will make all of us so sad as of such price drop !

you are right. all bitcoin users would be sad if it suddenly bitcoin prices fell from a high price for a very low price. however, I think it will not happen, because I feel that bitcoin prices will always go up after halving happened months ago, and I think bitcoin prices will be higher than today during the month of August

[davis196]

It's coming



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

I call it a bubble.

The halving is gone and the price is still around 650$.

What happend with all those predictions about 1000$ price after halving?

Maybe the halving has no influence over the price...

[Dobmaster]

It's coming



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

I call it a bubble.

The halving is gone and the price is still around 650$.

What happend with all those predictions about 1000$ price after halving?

Maybe the halving has no influence over the price...

I think the price will not be $1000 in the next few months. The price will stay around $700 for some time.

[serjent05]

It's coming



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

I call it a bubble.

I don't see Bitcoin price will fall this low.  But in this world possibility is possibility.  Still I think price will be at around 800 after the end of this  year. Same thing with your proof .  Anyway, I read that there is a big company willing to spend million of dollars to point around 10 pentahash of mining power to Bitcoin.  this might help in price increase, because there is a possibility that this company might use and accept bitcoin for its transaction.   More awareness, more adoption , more demand means an increase in price.

[Vikingr]

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.

Why Not? One month ago it was like 350$ and not it is 650$ so maybe it can be a bubble or because of halving markets became active and so the bitcoin price is rises but now as halving is gone market is again became normal and so the price can also drop.But anyway we can enjoy till the bitcoin  price is increases. 

No, it did not bubbled because of halving, but I will say that halving has occurred just a few days ago, and it did not have show its effects yet, the price of bitcoin increased from $350 to $650 because more and more people adopted bitcoin, they from different sources heard about bitcoin and so for getting the profit they adopted it, so now those who learn much about bitcoin will never leave bitcoin.

[coin_gambler]

yeah why not 350$ can be in august as china seems playing little aggressive with bitcoins . that will make all of us so sad as of such price drop !

i doubt that it is possible in any ways because the price has a lot of potential to grow after the halving, i hope we will reach a new all time high not fall all the way back to 350

[thejaytiesto]

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's unfortunate that you had to make this prediction. By august we will be way higher than 350, so this is yet another FUDster that will get owned by bitcoin's price. The uptrend has been clear since january 2015, there's no bubble, just solid progress. Bitcoin is insanely undervalued, only way is up.

[hulla]

This is a wrong data guys cos the price btc always go up. Besides, more people,more exchangers,companies  are coming into the world of crypto currency cos they believe is the future. So. Why would the price of btc drop to 350?

[TraderETH]

This is a wrong data guys cos the price btc always go up. Besides, more people,more exchangers,companies  are coming into the world of crypto currency cos they believe is the future. So. Why would the price of btc drop to 350?

I don't think so, price of bitcoin is always fluctuating not always go up, if we looked last halving block price of bitcoin were going down and That is reasons why price of bitcoin will going down to $350.

[Zadicar]

It would be possible since no one knows what would be the price in future of Bitcoin. Just observe the first halvening it decreased soo suddenly then goes up after how many months. So, no one can guess what would be the price in future since many factors does affect the price of btc.

[setupbounds]

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.

Yeah, we do not have to believe on rumors like that , with these news they only want everyone to sell their coins, as they know that after the effect of halving will appear the price of bitcoin will once again boost up and for that they need to buy some more bitcoins.

[Wendigo]

Well if this estimation of $350 in August somehow does happen I think it will be truly a disaster not only for the remaining miners but also for the investors and general users who have been hoping for a healthy increase after all that halving talk. I can't begin to imagine the sheer depression and broken dreams such a plummet in the price will cause to the entire Bitcoin community. Plus there will be a surge of new threads about Bitcoin dying and all that similar crap we tend to see after negative events.

[duts_bg]

 
Ha ha ha! It is quite possible, if achieved growth of world GDP by at least 15% annually, if postpone the elections in the US, if imposing new sanctions on Iran and Russia, if is removed law government in Syria and Ukraine and Georgia join NATO, as well as failure of China's construction in the South China Sea.