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clickerz
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July 13, 2016, 01:20:53 PM |
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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.
Anything is possible to happen, as what the market dictates. But I agree in my opinion that it will hardly reach $350 as the rewards already decreased by half. If it will happen that it will decreased, then the difficulty must be lower? It is maybe possible .. |
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Every time a block is mined, a certain amount of BTC (called the
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stromma44
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July 13, 2016, 01:23:57 PM |
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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.
Anything is possible to happen, as what the market dictates. But I agree in my opinion that it will hardly reach $350 as the rewards already decreased by half. If it will happen that it will decreased, then the difficulty must be lower? It is maybe possible .. We will never see price of bitcoin below $500, even if it falls in future $500 will be the bottom, and as price is increasing slowly at a moment we can expect higher price in near future. |
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Dobmaster
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July 13, 2016, 07:08:01 PM |
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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.
Anything is possible to happen, as what the market dictates. But I agree in my opinion that it will hardly reach $350 as the rewards already decreased by half. If it will happen that it will decreased, then the difficulty must be lower? It is maybe possible .. We will never see price of bitcoin below $500, even if it falls in future $500 will be the bottom, and as price is increasing slowly at a moment we can expect higher price in near future. That is true. The bitooin has passed the $450 range. Its price will be higher than $600 in the near future. |
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PacePay
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July 13, 2016, 07:24:27 PM |
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It is completely impossible that that after halving the price of bitcoin will reach to $350, as the miners reward is already decreased to half and if the price of bitcoin is also reduced to half then a large number of miners will disappoint and will leave mining so in that situation the price of bitcoin will increase with a fastest speed with a shortest time period.
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barbara44
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July 13, 2016, 08:27:00 PM |
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Well this is a literal "the halving" of the value of bitcoin LMAO
I know for a fact that this is nearly impossible to happen but it's probable.
I agree with you and lets just not hope that 350$ 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 $350 in august or even in this year. I'm sure the bitcoin's price will be stable for the next 1 month. Yeah, it is true the price of bitcoin will not drop, it will increase and the time is not long away from now that the price will once again start to increase like before, and if it do not increase then at least will not drop down. |
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mark coins
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July 13, 2016, 08:56:12 PM |
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Well this is a literal "the halving" of the value of bitcoin LMAO
I know for a fact that this is nearly impossible to happen but it's probable.
I agree with you and lets just not hope that 350$ 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. Yeah, it is true the price of bitcoin will not drop, it will increase and the time is not long away from now that the price will once again start to increase like before, and if it do not increase then at least will not drop down. Yeah and $350 in simply impossible now price is rising slowly at a moment and even if it falls in future it will not go below the price of $500. |
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BitMaxz
Legendary
 Offline
Activity: 3248
Merit: 2971
Block halving is coming.
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July 13, 2016, 09:08:22 PM |
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It's coming
EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?
I call it a bubble.
I think its impossible to imagine that the price of bitcoin will back again back to the old price of bitcoin.. and i think you will not experience right now about the price decrease Unless people are selling their bitcoins even there still a potencila that the present price today can be increase soon.. |
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ingiltere
Legendary
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Activity: 2982
Merit: 1485
Rollbit.com Crypto Futures
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July 13, 2016, 10:09:15 PM |
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This dude caught in a pump and lost his coins from 400-450$ range that's why he opened this thread and try to fud but it won't work dude. Halving is past, there are less Bitcoins mined everyday. Nobody want lower prices, demand is enough and supply is not. It's simple math.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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July 13, 2016, 10:14:59 PM |
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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. Yeah, it is true the price of bitcoin will not drop, it will increase and the time is not long away from now that the price will once again start to increase like before, and if it do not increase then at least will not drop down. Yeah and $350 in simply impossible now price is rising slowly at a moment and even if it falls in future it will not go below the price of $500. At this point it's highly unlikely to see prices of below $400 but we all know that nothing is impossible with Bitcoin. It takes just a major exchange that gets hacked to see the price tank significantly. |
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co5hike
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July 13, 2016, 10:21:43 PM |
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Well this is a literal "the halving" of the value of bitcoin LMAO
I know for a fact that this is nearly impossible to happen but it's probable.
I agree with you and lets just not hope that 350$ 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. Yeah, it is true the price of bitcoin will not drop, it will increase and the time is not long away from now that the price will once again start to increase like before, and if it do not increase then at least will not drop down. Yeah and $350 in simply impossible now price is rising slowly at a moment and even if it falls in future it will not go below the price of $500. At this point it's highly unlikely to see prices of below $400 but we all know that nothing is impossible with Bitcoin. It takes just a major exchange that gets hacked to see the price tank significantly. That's true anything is possible with bitcoin, no one can predict the exact scenario of bitcoin, but still I feel that we will not see the price of $350 in near future. |
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Barcode_
Staff
Hero Member
Offline
Activity: 3010
Merit: 568
APP下载sbapp.io
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July 13, 2016, 11:22:05 PM |
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If Bitcoin price drops to $350 USD, I think a lot of miners will pull the plug and stop mining Bitcoin as it is not profitable anymore, so I don't think the price will drop so much.
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cambda
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July 13, 2016, 11:41:30 PM |
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If Bitcoin price drops to $350 USD, I think a lot of miners will pull the plug and stop mining Bitcoin as it is not profitable anymore, so I don't think the price will drop so much.
Yes and even if price falls in future it will never go that low and I think that price is history now, price is moving up slowly now so I think we will see some better price in future. |
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Dobmaster
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July 14, 2016, 06:38:03 PM |
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If Bitcoin price drops to $350 USD, I think a lot of miners will pull the plug and stop mining Bitcoin as it is not profitable anymore, so I don't think the price will drop so much.
Yes and even if price falls in future it will never go that low and I think that price is history now, price is moving up slowly now so I think we will see some better price in future. That is right. The bitcoin mining cost for most miners are more than $500. So I think the price will not drop below that. |
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dezoel
Legendary
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Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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July 14, 2016, 06:59:35 PM |
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If Bitcoin price drops to $350 USD, I think a lot of miners will pull the plug and stop mining Bitcoin as it is not profitable anymore, so I don't think the price will drop so much.
Yes and even if price falls in future it will never go that low and I think that price is history now, price is moving up slowly now so I think we will see some better price in future. That is right. The bitcoin mining cost for most miners are more than $500. So I think the price will not drop below that. Yeah $500 will be the bottom cannot go below it, as many new users will also join the community in future which will contribute in taking price to higher level. |
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lixer
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July 14, 2016, 07:52:08 PM |
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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. After seeing the results of halving I will say that we now do not have to rely on predictions, but we will have to support this currency if we want to make it powerful, as it is the only and best way to get profit from bitcoin. |
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expert4knowledge
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July 14, 2016, 08:08:26 PM |
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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.
Please let me know how you could realize that about price of bitcoin but I do not consider 1k very possible but I guess it becomes more than current price. |
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mandica
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July 14, 2016, 08:22:10 PM |
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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.
Please let me know how you could realize that about price of bitcoin but I do not consider 1k very possible but I guess it becomes more than current price. The $1000 is very possible if there is good general mass adoption and the block size increases to improve user experience. |
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155UE
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July 14, 2016, 08:44:58 PM |
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It's coming
Whaou, that's not only pessimistic, that's nearly unrealistic ^^ 350$ is nearly the half of what's right now! It's... really low. Why would we see such a drop? But this is what it was last year, so why not this year? Markets are slow the economy has not changed. So what is much different from last year other than the halving hype that did not improve the price at all just a dip that was pretty big. Some people thought that bitcoin was collapsing instead of growing that was promised after havling was said and done. |
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trickshot22
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July 14, 2016, 09:02:55 PM |
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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.
Please let me know how you could realize that about price of bitcoin but I do not consider 1k very possible but I guess it becomes more than current price. The $1000 is very possible if there is good general mass adoption and the block size increases to improve user experience. of course a new all time high is possible not even talking about the 1 thousand dollars price, in my opinion the price of the bitcoin is only going to grow in the future because people will be buying like crazy |
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mobilestrike
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July 14, 2016, 10:15:53 PM |
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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.
Please let me know how you could realize that about price of bitcoin but I do not consider 1k very possible but I guess it becomes more than current price. The $1000 is very possible if there is good general mass adoption and the block size increases to improve user experience. of course a new all time high is possible not even talking about the 1 thousand dollars price, in my opinion the price of the bitcoin is only going to grow in the future because people will be buying like crazy yeah , as the time passes more and more people come to adopt bitcoin and they readily invest in bitcoin so with that the demand of bitcoin increases with each passing day and so with that the price of bitcoin also increases. |
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