Calm before the storm?

[TastyChillySauce00]

The trading volume of the two versions of the Ethereum is very high at the moment. That will divert funds from bitcoin.

it's because the bitcoin prices not moving fastly and i can say,still quite stable,so the traders will get into ethereum,just see ethereum's price statistic,you'll get more chance to trading there rather than still holding on bitcoin and wait for the price increase

[takingthis4]

i think you are right, the price is stable right now and i think that it is going to grow pretty soon, in this way we will be able to make some good money though anything might happen to the price

[~Bitcoin~]

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

[miayama]

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

I agree with that. Similar stability happend 3 to 6 months ago and the price rose quite a lot after that.

[Meuh6879]

people will understand (before the end) thaht fractionnal reserve banking ... is bankster after all.
they steal money in your pocket since 1900 (or 1973 ? http://www.zerohedge.com/news/2016-06-05/case-super-glass-steagall ).

[kim.apps]

It's like they say, living and learning. The market teaches every day.

[richardsNY]

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

I agree with that. Similar stability happend 3 to 6 months ago and the price rose quite a lot after that.

That was the time when people started to speculate about the block halving. I think every bit of price increase was related to people accumulating as many coins as possible for the upcoming block halving. Right now there is not much that people look forward to. Will be interesting to see how long this calmth will last.

[Yakamoto]

We are likely to see a huge pump again because price of bitcoin been calm for more than month now. Even the recent dump couldn't make price to fall below 650$ so we may now see a huge pump like a storm after a calm...lol

I agree with that. Similar stability happend 3 to 6 months ago and the price rose quite a lot after that.

That was the time when people started to speculate about the block halving. I think every bit of price increase was related to people accumulating as many coins as possible for the upcoming block halving. Right now there is not much that people look forward to. Will be interesting to see how long this calmth will last.

The calm will probably last for a little while still, I don't think anyone will want to do anything with the value until all the traders start doing everything again in September. If anyone starts to trade earlier than that it probably won't mean much for the value of Bitcoin, and chances are there will be a lot of small fluctuations before anything happens for real. I'm just waiting for the market to decide whether or not it wants to go up or down, and whether or not those movements create a bubble or destroy Bitcoin. I'm thinking that it'll more than likely be a bubble coming up.

[protokol]

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

[Rastanan]

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

I think the bitcoin price will be around $660 in the next few weeks until one of the Ethereum is dead.

[ASHLIUSZ]

Well 2.5 weeks later it seems my prediction was wrong.

We did see a small surge that pushed the price through $680 but it ran out of steam, and we've been bouncing around the $650 level ever since.

However, the price stability and strong support at this price is welcome and refreshing.

I think the bitcoin price will be around $660 in the next few weeks until one of the Ethereum is dead.

This long term stability push the price to $700 within few weeks and within months it will hit high, dragging ethereum and other alternatives down.

[CloudStrife]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

[kwukduck]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

[1Referee]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

[Kimi80]

 After nice weather, storm comes and make chaos on the market. When storm passes, nice weather comes again. Its like that for years with bitcoins as I can notice.

 Can someone tell me how much can bitcoin rise in future, is there end?  Like 5000 dollars and that is what people wait, or bitcoin can worth much more? How can we know, I'm very confused how price go up or down so fast and often.

[virtualkeybuyer]

I think in this week or two we will not see any bigger change maybe it will reach to $680 or $690 it the price started to increase, but a regular increase will start after august, at that time I hope that the buyers will increase and with the increased demand the price of bitcoin will also increase.

[kwukduck]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

[pitham1]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

The scalability factor will get fixed sooner or later.
There are plenty of alts which offer superior privacy and are scalable, but still Bitcoin is miles ahead of them in terms of valuation.

[1Referee]

In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.

Nope. Just going down further. Don't hold onto illusions.

You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong.

Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually.

Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity.
Worse, everybody ignores this and don't care to fix it.

Everything will get taken care of eventually, I'm sure of that. Also, people know Bitcoin isn't anonymous and are fine with that as there are mixers to do the work for them.

[Rastanan]

The scalability factor will get fixed sooner or later.
There are plenty of alts which offer superior privacy and are scalable, but still Bitcoin is miles ahead of them in terms of valuation.

That should be fixed in July. But today is already August 1st. So it might be delayed for a few more years.