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Author Topic: Calm before the storm?  (Read 3113 times)
oceanriver
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August 01, 2016, 06:07:59 PM
 #61

yeah, the price is going to grow a lot pretty soon, i think that the price is calm right now, soon bitcoin will be big
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Rastanan
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August 02, 2016, 09:43:15 AM
 #62

yeah, the price is going to grow a lot pretty soon, i think that the price is calm right now, soon bitcoin will be big

The bitcoin price is consolidating at the moment. It might stay at the current levels for the next few weeks.
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August 03, 2016, 06:38:03 AM
 #63

The storm just happened. It seems the Bitfinex security was breached. The bitcoin price dropped a lot.
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August 03, 2016, 11:27:56 AM
 #64

The storm just happened. It seems the Bitfinex security was breached. The bitcoin price dropped a lot.

I think it could be a good time to buy the bitcoin as the price is low and it is just due to an exchange hack.
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August 03, 2016, 01:43:32 PM
 #65


i think your assumption of bitcoins price or rate that is about 800$ per btc is not wrong .
since no one can predict wheter the price can rise or fall but here it is to be noticed that the average rate of bitcoins are around 400-600$ this rate can change from below to above or above to below .
change of btc is mainly may be due to halving . halving shows its effect at the bit coin rates even about after one to two month .
so overall there is chance to increase the price about 800$/ btc
since this time the rate decreased so i am waiting for down more and then i will buy
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August 05, 2016, 10:44:06 AM
 #66


i think your assumption of bitcoins price or rate that is about 800$ per btc is not wrong .
since no one can predict wheter the price can rise or fall but here it is to be noticed that the average rate of bitcoins are around 400-600$ this rate can change from below to above or above to below .
change of btc is mainly may be due to halving . halving shows its effect at the bit coin rates even about after one to two month .
so overall there is chance to increase the price about 800$/ btc
since this time the rate decreased so i am waiting for down more and then i will buy

The bitcoin price dropped to below $600 due to the Bitfinex hack. Other exchanges are fine, so the price will recover.
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