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July 16, 2016, 06:46:47 PM |
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everyone can say that, but it is difficult to completely correct. although I do not think it will go down very quickly within a few weeks.
I hope that does not happen, and hope halving give the best effect, for at least the prices are rising or stable above $600
The bitcoin price will not go below $500. That is the near term bottom. The price will rise after consolidation. If thats happened,then it would be great. But i think we can go even further from 600. Maybe 900$ is the next stable price of.bitcoin. price will rise because Bitcoin will still be scarce enough to be valuable. The price will never go below $600. That is right. There is limited supply of the bitcoin. There will be some bitcoin lost every year as well. how will be some bitcoins lost with the limited supply? the supply will not be limited with the reducing the number of available bitcoin, but the supply will be reduced because a number of miners will leave mining and they felt loss in mining. |
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takingthis4
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July 16, 2016, 06:48:28 PM |
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everyone can say that, but it is difficult to completely correct. although I do not think it will go down very quickly within a few weeks.
I hope that does not happen, and hope halving give the best effect, for at least the prices are rising or stable above $600
The bitcoin price will not go below $500. That is the near term bottom. The price will rise after consolidation. If thats happened,then it would be great. But i think we can go even further from 600. Maybe 900$ is the next stable price of.bitcoin. price will rise because Bitcoin will still be scarce enough to be valuable. The price will never go below $600. That is right. There is limited supply of the bitcoin. There will be some bitcoin lost every year as well. yeah, people lose bitcoins over time and it is impossible to recover them if they lose the private keys i guess, i think that this will definitely push the price up in the future |
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amine14madrid
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July 16, 2016, 08:45:08 PM |
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Well this is a literal "the halving" of the value of bitcoin LMAO.
I know for a fact that this is nearly impossible to happen but it's probable.
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john2231
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July 16, 2016, 09:08:43 PM |
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I think that price level is impossible to happen we will not experience that price for bitcoin because our supply is already been half so the possible limit that i know is 400 above this is i think possible but below 400 its impossible to happne in the future..
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GamingBro
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July 16, 2016, 09:47:19 PM |
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I think it should not happen, price is still stable and seem it's not gonna drop soon, at my opinion price will not change till something big will not happen to bitcoin.
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lolxxxx
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July 16, 2016, 09:49:06 PM |
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Only the OP is thinking that the price is going to dump in August I disagree with him.
The price we will see in August will be around 700-750$ or 600$ series.
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jaysabi
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July 17, 2016, 12:18:24 AM |
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everyone can say that, but it is difficult to completely correct. although I do not think it will go down very quickly within a few weeks.
I hope that does not happen, and hope halving give the best effect, for at least the prices are rising or stable above $600
The bitcoin price will not go below $500. That is the near term bottom. The price will rise after consolidation. If thats happened,then it would be great. But i think we can go even further from 600. Maybe 900$ is the next stable price of.bitcoin. price will rise because Bitcoin will still be scarce enough to be valuable. The price will never go below $600. That is right. There is limited supply of the bitcoin. There will be some bitcoin lost every year as well. how will be some bitcoins lost with the limited supply? the supply will not be limited with the reducing the number of available bitcoin, but the supply will be reduced because a number of miners will leave mining and they felt loss in mining. That's not how mining works at all. Bitcoin's supply increases at a constant rate (minus halvings) regardless of how many miners there are. If there are 100 miners or 1000 miners, the number of coins produced is the same. |
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Zadicar
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July 17, 2016, 01:28:32 AM |
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Only the OP is thinking that the price is going to dump in August I disagree with him.
The price we will see in August will be around 700-750$ or 600$ series.
Same thoughts here, Bitcoin price wouldn't dump as low as 350$ if that would happen there's probably a problem in Bitcoin. The price would be on $700 I guess or 600+ as I also assumed but 350$ nah.. it's impossible to happen in my dreams. Lol |
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mandica
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July 17, 2016, 09:53:51 AM |
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Only the OP is thinking that the price is going to dump in August I disagree with him.
The price we will see in August will be around 700-750$ or 600$ series.
Same thoughts here, Bitcoin price wouldn't dump as low as 350$ if that would happen there's probably a problem in Bitcoin. The price would be on $700 I guess or 600+ as I also assumed but 350$ nah.. it's impossible to happen in my dreams. Lol That is right. As long as as no fundamental problem with the bitcoin, the price will not drop below $500 again. |
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Wind_FURY
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July 17, 2016, 02:38:09 PM |
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We only have two weeks to go until August. So we already can see more and more that OP's estimate is wrong. But who know, maybe it could still happen. Breaking down $600 will have psychological significance and would tend to make people go bearish.
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killerjoegreece
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July 17, 2016, 02:42:29 PM |
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350 USD in August or ever again for that matter. Btc is well recognised now.
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silentkiller
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July 17, 2016, 03:08:28 PM |
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No more 450$ and below price anymore.
780 will be the price of bitcoin this coming august.
August will be a bullish month of bitcoin.
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bitbunnny
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July 17, 2016, 07:23:30 PM |
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I don't beleive that price will dropp that low. Of course, never say never, but this will not happen in such short period of time, there are only about two weeks until August. I think the lowest price in August could be around 400, if it falls.
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Mauser
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July 17, 2016, 07:27:59 PM |
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I don't beleive that price will dropp that low. Of course, never say never, but this will not happen in such short period of time, there are only about two weeks until August. I think the lowest price in August could be around 400, if it falls.
I agree with you, if Bitcoin ever falls again below 400 USD a lot of People would start buying more of Bitcoins. I would definitely Transfer some of my stocks into Bitcoins if the Price is below 400. Probably even below 500 (= |
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mandica
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July 18, 2016, 09:26:57 AM |
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there is no way the bitcoin price will be below $450, let alone $350. The 350 dollar price will be a history.
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lemipawa
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July 18, 2016, 09:36:49 AM |
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there is no way the bitcoin price will be below $450, let alone $350. The 350 dollar price will be a history.
You cant say that yet, there is a possibility that it might happen, remember when Bitfinex? There was a sudden drop from $755 on June 20 then it dropped to $625 on June 23, that's $130 drop on just 48 hours and now somehow Bitcoin manages is slowly trying to recover again and go back to $680. So dropping to $350 USD is possible but lets not wish for it to happen. |
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Sanguintan
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July 18, 2016, 05:14:27 PM |
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there is no way the bitcoin price will be below $450, let alone $350. The 350 dollar price will be a history.
You cant say that yet, there is a possibility that it might happen, remember when Bitfinex? There was a sudden drop from $755 on June 20 then it dropped to $625 on June 23, that's $130 drop on just 48 hours and now somehow Bitcoin manages is slowly trying to recover again and go back to $680. So dropping to $350 USD is possible but lets not wish for it to happen. The price of bitcoin might drop to $350. But that will be very brief period. The price will recover soon. |
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ASHLIUSZ
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July 18, 2016, 05:51:44 PM |
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there is no way the bitcoin price will be below $450, let alone $350. The 350 dollar price will be a history.
You cant say that yet, there is a possibility that it might happen, remember when Bitfinex? There was a sudden drop from $755 on June 20 then it dropped to $625 on June 23, that's $130 drop on just 48 hours and now somehow Bitcoin manages is slowly trying to recover again and go back to $680. So dropping to $350 USD is possible but lets not wish for it to happen. Price drop may happen when price increase, I think these drops won't stay long because after a long stability price has just started increasing. So there is more possibility for a drop to occur once price reaches $1000. |
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PacePay
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July 18, 2016, 07:32:38 PM |
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Only the OP is thinking that the price is going to dump in August I disagree with him.
The price we will see in August will be around 700-750$ or 600$ series.
Agree with you, the price is not going to decrease in august, and that is obvious from the last few days pricing chart, we can see that the price once again started to increase and I hope that the price of it will increase more higher and with good speed. |
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mrhelpful
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July 18, 2016, 07:33:42 PM |
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there is no way the bitcoin price will be below $450, let alone $350. The 350 dollar price will be a history.
You cant say that yet, there is a possibility that it might happen, remember when Bitfinex? There was a sudden drop from $755 on June 20 then it dropped to $625 on June 23, that's $130 drop on just 48 hours and now somehow Bitcoin manages is slowly trying to recover again and go back to $680. So dropping to $350 USD is possible but lets not wish for it to happen. The price of bitcoin might drop to $350. But that will be very brief period. The price will recover soon. It will recover but it would take some serious time, unless something drastic happens. As for the price fall for $350- you would see a gradual fall w. attempting recovery in prices but eventually a slow decrease but it wont come all at one time if thats your point of view. I personally think the coin stands firm because of global events like people in turkey / brexit situations. |
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