350 USD in August

[Osarman]

i do not think that bitcoin will drop its price to $350 in August, because bitcoin going to rise up its price too much faster and a large number of people are getting awareness about bitcoin and maximum people adopt the bitcoin.

[1714772595]

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[useless4]

i do not think that bitcoin will drop its price to $350 in August, because bitcoin going to rise up its price too much faster and a large number of people are getting awareness about bitcoin and maximum people adopt the bitcoin.

yeah, i doubt that the price is going to drop to such small prices i think right now the only way is up and it will make us all some big money pretty soon

[angaper]

Well, we have observed that the bitcoin price has remained stable for several weeks even during the previous days when a high volatility was expected. So I can't see any real scenario in weeks ahead that could drop the bitcoin price to such low levels. On the contrary, I would expect a slightly continuation on the current bullish trend, but not beyond the $800 level on August.

[Doamader]

I dont believe bitcoin can loose such value, halving made pressure at the miners to push the price up, soo its very unlike that bitcoin could loose the boost, the community is accepting the new value and supporting it, if no bigger issue appears the price should grow a bit more till end the year.

[Adrayrd]

I dont believe bitcoin can loose such value, halving made pressure at the miners to push the price up, soo its very unlike that bitcoin could loose the boost, the community is accepting the new value and supporting it, if no bigger issue appears the price should grow a bit more till end the year.

The value doesn't make sense indeed. It seems that somebody is trolling because with 350 dollar a lot of mining rigs will have to stop.
That's not going to happen soon.

[jaysabi]

It should 950 in august not 350!! The rally will start on the first week of august in my speculation. And it will last for 3 months.
it will be a party for everyone

At least you're honest about your statement being speculation. So many people who post here are convinced that their predictions are based on anything other than a wild guess, even though they post nothing to support their opinions. At least if you were posting a technical analysis based on trading volume, that would be one thing, but I've yet to see that. Everyone just spouts optimistic nonsense because they're praying for a higher price.

[swogerino]

It should 950 in august not 350!! The rally will start on the first week of august in my speculation. And it will last for 3 months.
it will be a party for everyone

At least you're honest about your statement being speculation. So many people who post here are convinced that their predictions are based on anything other than a wild guess, even though they post nothing to support their opinions. At least if you were posting a technical analysis based on trading volume, that would be one thing, but I've yet to see that. Everyone just spouts optimistic nonsense because they're praying for a higher price.

Spewing optimism towards a product's rise usually makes it end up in the other way. We might hope for bitcoin to rise and start holding coins, but that also freezes up the markets and there will be less coins to sell and buy which would lower the price. People are too optimistic with their price predictions. Remember when everyone thought the halving day/week was going to double the price? Silly.

[MingLee]

It should 950 in august not 350!! The rally will start on the first week of august in my speculation. And it will last for 3 months.
it will be a party for everyone

At least you're honest about your statement being speculation. So many people who post here are convinced that their predictions are based on anything other than a wild guess, even though they post nothing to support their opinions. At least if you were posting a technical analysis based on trading volume, that would be one thing, but I've yet to see that. Everyone just spouts optimistic nonsense because they're praying for a higher price.

Spewing optimism towards a product's rise usually makes it end up in the other way. We might hope for bitcoin to rise and start holding coins, but that also freezes up the markets and there will be less coins to sell and buy which would lower the price. People are too optimistic with their price predictions. Remember when everyone thought the halving day/week was going to double the price? Silly.

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

[swogerino]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

[MingLee]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect.

[Mauser]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect.

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

[Dobmaster]

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

That is right. The bitcoin price has risen over 150% in the last 12 months. So it is consolidating at the moment.

[mehdiktflow]

no btc will rise once again and it will reach 1000 dollars in this 2 months . btc halving is soon

It's coming



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

I call it a bubble.

[tygeade]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect.

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

That's true the price of bitcoin will be lot higher in coming months, so its better to save them for future and I don't think that price will go below $500 now.

[pearnapple]

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

That is right. The bitcoin price has risen over 150% in the last 12 months. So it is consolidating at the moment.

in my opinion that is really great and i think it is going to grow even more because that was just the beginning, i think we will see really huge prices in the near future

[Akupuniard]

I don't believe on it, at my opinion price will not change till something big not happen, but maybe we will see this drop in autumn.. i don't know what to expect.

[Rodeo02]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect.

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

That's true the price of bitcoin will be lot higher in coming months, so its better to save them for future and I don't think that price will go below $500 now.

You don't need to be worried about bitcoin just trust it will increase more we still waiting for it to happen , if you afraid of loosing some money then dont buy more and stay with Fiat. I will not be worried if it will decrease a little bit I know it can be recover.

[jaysabi]

It should 950 in august not 350!! The rally will start on the first week of august in my speculation. And it will last for 3 months.
it will be a party for everyone

At least you're honest about your statement being speculation. So many people who post here are convinced that their predictions are based on anything other than a wild guess, even though they post nothing to support their opinions. At least if you were posting a technical analysis based on trading volume, that would be one thing, but I've yet to see that. Everyone just spouts optimistic nonsense because they're praying for a higher price.

Spewing optimism towards a product's rise usually makes it end up in the other way. We might hope for bitcoin to rise and start holding coins, but that also freezes up the markets and there will be less coins to sell and buy which would lower the price. People are too optimistic with their price predictions. Remember when everyone thought the halving day/week was going to double the price? Silly.

People who expected the price to double after the halving don't understand how markets work, and people who expected it to rise before may very well have been right. The price doubled between last August and the halving. Whether that is directly attributable to the halving is debatable, but I'd guess it is. Not necessarily due to the fundamentals, but a self-fulfilling prophecy.

[Zadicar]

The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.

The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though.

Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect.

I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment.

That's true the price of bitcoin will be lot higher in coming months, so its better to save them for future and I don't think that price will go below $500 now.

You don't need to be worried about bitcoin just trust it will increase more we still waiting for it to happen , if you afraid of loosing some money then dont buy more and stay with Fiat. I will not be worried if it will decrease a little bit I know it can be recover.

No one really knows what would be the price of bitcoin in near future as we can see bitcoins price is rising and sometimes is going down we cant predict when it would pump but  dropping its price in $350 in august would be impossible to happen since bitcoin price is stable in $650+ mark. Well no one knows.

[romero121]

In a short term price won't go low to such an extent. To the maximum the price might reach around $600 if the gradual decrease in price continues till the start of August.