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Jhanzo
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July 18, 2016, 07:42:59 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
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Trusted an exchange that climbed to the top 3 in just under 2 years with your money? you are fucking stupid.
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tampazeus
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July 18, 2016, 07:46:01 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
I don't think price will go that low in coming months, price may drop but we cannot expect anything below $500 at a moment, I think price will continue to rise in coming days. |
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Doamader
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July 18, 2016, 10:58:46 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
I don't think price will go that low in coming months, price may drop but we cannot expect anything below $500 at a moment, I think price will continue to rise in coming days. Bitcoin halving price is around 500-600 dollars lower this ammount i doubt will happen, less coins reward, and the miners will make pression to get back their income that. One thing is sure this halving has scaring some people and speculation around the halving should be over, the pump happened and now its time to moove forward. |
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chaosknight
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July 18, 2016, 11:05:22 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
I don't think price will go that low in coming months, price may drop but we cannot expect anything below $500 at a moment, I think price will continue to rise in coming days. Bitcoin halving price is around 500-600 dollars lower this ammount i doubt will happen, less coins reward, and the miners will make pression to get back their income that. One thing is sure this halving has scaring some people and speculation around the halving should be over, the pump happened and now its time to moove forward. We don't want to see any major pump that we saw last month we would be much satisfied if there is slow and steady growth as it would be better for the future of bitcoin. |
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Shinpako09
Legendary
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Activity: 1988
Merit: 1015
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July 19, 2016, 02:06:41 AM |
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What a scary joke of yours. I dont want to see this happen since im not the person that always holding. I sold mine frequent whenever i have in my wallet.
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lemipawa
Legendary
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Activity: 1708
Merit: 1003
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July 19, 2016, 02:24:27 AM |
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What a scary joke of yours. I dont want to see this happen since im not the person that always holding. I sold mine frequent whenever i have in my wallet.
Well it's not a joke but its a possibility that may happen anytime but rest assured that when this happen in 24 hours, it make take some time before it totally dropped to $350 USD and slowly climbs back and recover. If anything like a repeat of MT Gox or any negative publicity about Bitcoin happens again, back to $350 will be a reality. |
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yhansky
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July 19, 2016, 02:31:29 AM |
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We will not be seeing that price anymore,bitcoin will go stronger day by day.
And the thing is halving that makes bitcoin increase its value.
Bitcoin is in demand right now so we might wauting for the 2k$ price.
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Sanguintan
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July 19, 2016, 03:00:31 PM |
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We will not be seeing that price anymore,bitcoin will go stronger day by day.
And the thing is halving that makes bitcoin increase its value.
Bitcoin is in demand right now so we might wauting for the 2k$ price.
That is right. We will not see the price below $500 any more. It is lower than the cost of many miners. |
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realm
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July 19, 2016, 06:37:57 PM |
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One month is such a short period for such a big drop. I don't claim that we won't see $350 anymore , especially considering that bitcoin has still issues to resolve, I'm just saying that it would be a very quick drop if it happened. The worst case senario for me is $450 in October.
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Cereberus
Legendary
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Activity: 910
Merit: 1000
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July 19, 2016, 07:25:22 PM |
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Even if it happens it is still a perfect opportunity to buy and stock more bitcoins in our wallets. Bitcoin is not like a forex pair which cannot go indefinitely down or indefinitely up. Even if it goes down like you are predicting it will then start to go up and up. I see this maybe a joke attempt but that doesn't concern me, what concerns me is users to stop posting these topics or if they really want then this topic belongs to speculation board and not here.
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pearnapple
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Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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July 19, 2016, 07:38:52 PM |
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We will not be seeing that price anymore,bitcoin will go stronger day by day.
And the thing is halving that makes bitcoin increase its value.
Bitcoin is in demand right now so we might wauting for the 2k$ price.
That is right. We will not see the price below $500 any more. It is lower than the cost of many miners. yeah, to be honest it is a bit sad because there will be no opportunities to buy for such low prices any more, i think that from now un the price is going to go up only |
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HarryKPeters
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July 19, 2016, 08:28:04 PM |
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With the price going to 350 over 90% of the miners will have to close shop, because the high difficulty vs the low reward 12.5 btc at the moment.
So no i don't see this happening, in a way it's crucial this doesn't happen.
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Corenin
Legendary
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Activity: 1008
Merit: 1000
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July 19, 2016, 08:30:32 PM |
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We will not be seeing that price anymore,bitcoin will go stronger day by day.
And the thing is halving that makes bitcoin increase its value.
Bitcoin is in demand right now so we might wauting for the 2k$ price.
That is right. We will not see the price below $500 any more. It is lower than the cost of many miners. yeah, to be honest it is a bit sad because there will be no opportunities to buy for such low prices any more, i think that from now un the price is going to go up only I don't think we will ever see the price of $350 ever in future as bitcoin will never go that low and now its time to rise so we should be ready with some exciting price in future. |
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Sanguintan
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July 20, 2016, 12:35:43 PM |
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We will not be seeing that price anymore,bitcoin will go stronger day by day.
And the thing is halving that makes bitcoin increase its value.
Bitcoin is in demand right now so we might wauting for the 2k$ price.
That is right. We will not see the price below $500 any more. It is lower than the cost of many miners. yeah, to be honest it is a bit sad because there will be no opportunities to buy for such low prices any more, i think that from now un the price is going to go up only I don't think we will ever see the price of $350 ever in future as bitcoin will never go that low and now its time to rise so we should be ready with some exciting price in future. I think the cost of big mining farm for the bitcoin is around $400 at the moment. So the price will not drop below that. |
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jaysabi
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Merit: 1115
★777Coin.com★ Fun BTC Casino!
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July 20, 2016, 10:23:03 PM |
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350 USD in August or ever again for that matter. Btc is well recognised now.
All the stock indices are posting new high after new high. The market is an an upswing. When economic uncertainty rises, and it invariably will, the indices and the btc price will both come down. Not only is $350 not impossible, I'd say it's likely at some point in the future. |
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jaysabi
Legendary
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Merit: 1115
★777Coin.com★ Fun BTC Casino!
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July 20, 2016, 10:24:52 PM |
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With the price going to 350 over 90% of the miners will have to close shop, because the high difficulty vs the low reward 12.5 btc at the moment.
So no i don't see this happening, in a way it's crucial this doesn't happen.
That 90% figure is based on nothin and shouldn't be taken seriously. Plus, as more miners leave, the rest of them mine more profitably. The system reaches equilibrium far before 90% of the miners leave the market. |
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CoinBreader
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July 20, 2016, 10:51:45 PM |
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It's coming
EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?
I call it a bubble.
yes please ill scoop up everything under 400$  |
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Bitcotalk
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July 20, 2016, 10:53:27 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
if the mining is becoming increasingly costly and f the block reward is cut off to half then with that situation the price of bitcoin increases, so that is going to happen in the near future whenever the demand is increased also. |
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mandica
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July 21, 2016, 06:46:58 PM |
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40% drop in a month is highly unlikely at this point. Think about it, mining have become increasingly costly and the block reward have just been cut by half.
If it goes down to $350 there's a decent chance that it will drop further. People know this and will try to stop it from happening.
if the mining is becoming increasingly costly and f the block reward is cut off to half then with that situation the price of bitcoin increases, so that is going to happen in the near future whenever the demand is increased also. The price of the bitcoin is determined by the general public adoption. It is less affected by the mining cost. |
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BellaBitBit
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July 21, 2016, 06:55:48 PM |
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Interesting thought but I doubt it. I think it will be full steam ahead until Fall. It would be incredible if we could buy bitcoin for 350.00 again though!
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I love Bitcoin
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