What did I tell you? BTC will stay down under $600

[Bitcoinsummoner]

I wish I wasn't so greedy and had sold when the price was ~$597, instead of waiting for the price to rise higher.

dont worry, with bitcoin price you need to be greedy as the price is going to grow a lot in the near future and allow us all to make some good money

Yeah bitcoin is always still the best to buy this level because the price is low.. but someone say that bitcoin will be more low price so that i can buy more bitcoins with low price and hold it for a long time.

[coinzat]

you said the price will not pass  $600  til the end of the year but you did not say any reason that may convince me. I do not like people how speculate a limit because usually the market proofs they were wrong at the end

[PeRo]

There are just small falls, nothing serious, it will recover to over 600$ soon. And what do you mean by end of the year? Last time I checked, we have 4.5 months untill the end of the year so your spculation is not right yet (and wont be). Wait until the year ends and then brag about your speculation(if the price does not get over 600$).

[pooya87]

I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.

there is a nice expression that comes to my mind when i read your comments and all other comments like yours without reason and just guessing the future here and it goes like this:

even a broken clock tells the correct time twice a day

[ironm@n]

I believe that will be above this value before the year is out, it's just a phase of instability.

[Herbert2020]

I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.

those bitcoin is dead threads doesn't come because people are angry, it is quite the contrary. those people are just spreading FUD with the hope that price goes a bit more lower so they can buy more, be sure that the buy orders you see on major exchanges are the buy orders of the same people saying bitcoin is dead.

[Wind_FURY]

This is not a brag and it is not a prediction. I am just trying to tell everyone what is happening right now. Bitcoin has to go down a little bit more and be accumulated at a lower price before it can go up again. It is still a seller's market right now so why risk buying now when you can buy at a lower price?

You're saying that it will go down further, that's a prediction.
What you wrote on OP is half bragging.

Why buy now?  Well, I don't know about the others, but a small drop of $50 means little to me because I'm going really, really long.

No I am not bragging. It is only an opinion. So in my opinion it is better to wait and then go buy at a better price. Why? Because of course like everyone I want a bargain for my money. I means I can buy more later than if I buy today. From the look of things a lot of other people are waiting too since the price action of BTC is almost flat.

[thebetsport]

I think is range 500 - 600 dollar still range is good price
standard price not low not hig is 500 - 600 dollar
if price under 400dollar is ver low price

[Wind_FURY]

The thing about predictions like this is they will make every opportunity to make noise about how right and spot on they are with what they predicted. But if we reach $600 again, they could easily say "I was wrong". $600 is actually not a price too high to reach even before the end of third quarter. Let's just leave these naysayers be and let them enjoy their predictions while they last.

But that is not the point. The point is it has to go down first before it can go up again. Right now not enough buyers want to buy at these prices that's why it is staying under $600. If the price will go below $500 will you buy or not? Of course you will buy because it is cheap and you know that it will not stay that cheap forever. But at the current price it could stay this way until the end of the year. So there is no hurry buying now because by the way things look it can still go back down at $500 or near it.

[Wind_FURY]

you said the price will not pass  $600  til the end of the year but you did not say any reason that may convince me. I do not like people how speculate a limit because usually the market proofs they were wrong at the end

It could be a variety of reasons. We do not exactly know what. The same with when the price is rising, all we ask is "Why is it rising?" but we do not really care because it is rising. It is the opposite with the price falling. When it is falling we have to know the "why?"

But for me it has something to do with the Bitfinex hack. It really has again destroyed confidence toward BTC. I do not know how Bitfinex can last and pretend that everything is ok. Another reason could be the Chinese whales who pumped BTC are maybe closing out their positions. There was 2 pumps. The first was October 2015 and the other one is May this year.

[chesthing]

Bitfinex won't survive this, not a chance.

[useless4]

I wish I wasn't so greedy and had sold when the price was ~$597, instead of waiting for the price to rise higher.

dont worry, with bitcoin price you need to be greedy as the price is going to grow a lot in the near future and allow us all to make some good money

Yeah bitcoin is always still the best to buy this level because the price is low.. but someone say that bitcoin will be more low price so that i can buy more bitcoins with low price and hold it for a long time.

you are right, it is really great option to buy your bitcoins at the moment because the price is soon going to go up a lot, in this way we will manage to make some decent money

[Wind_FURY]

Bitfinex won't survive this, not a chance.

Can you please explain more? I would like to pick your brain about it. They have issued tokens, lol, to pacify and appease their customers. Do you think this will last them enough time to raise funds so that Bitfinex can pay them in full? Or do you think Bitfinex has no intention of paying their customers in full?

[Shiroslullaby]

There is no way Bitfinex will survive. They migght be open another couple months.
And there is no way I would trust them at this point. I would NOT be surprised if they got hit a second time.
Anyone who puts currency on that site right now is crazy IMO.

[Wind_FURY]

Bitfinex could be the new MtGox. Everyone knows it is a trap putting coins there yet there are still many people using it. Maybe the volume over there is faked. But I do not remember there was mention of MtGox volume as faked. Does anyone know what exactly happened at MtGox? It would be nice to be enlightened about it so we could compare it with the current situation with Bitfinex.

[The Sceptical Chymist]

You certainly could be right, but I won't be among the bearish Greek chorus people.  I don't think stabilizing under $600 is a bad thing at all.  All the gain we've seen in the past few months was (likely) due to the halving, and demand has probably flatlined since then.  We could be dropping like a rock, so where we're at isn't bad.  Having said that, yeah it's still summer and there's what, 4 more months left to go, and a lot of things can happen in that time.

[Leonard2016]

your prediction is just a random number with no reason to come true and if it comes true and stays below $600 randomely you will come here and gloat about it but if it goes above $600-700 then you will disappear from the face of the forum and never say a word.

[talks_cheep]

I expected it so it doesn't surprise me, what surprises me is the sheer number of people who thought, or still think, bitcoin price would go up and up until it reaches $1000000000000000000000000. It's mind boggling how many of these greedy f*ckers there are. These greedy f*ckers will all lose their shirts. They will forever forshake bitcoins after they lose their shirts. That is the tragedy.

[Lombard]

I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.

well it will stay below 600$ for month or two but not til end of year for sure, as at december, price usually rises a lot by 100$ or such as it happens always

[Wind_FURY]

your prediction is just a random number with no reason to come true and if it comes true and stays below $600 randomely you will come here and gloat about it but if it goes above $600-700 then you will disappear from the face of the forum and never say a word.

No, it is not a random number. It's not like I was blindfolded and played pin the donkey and the lucky number pinned was "$600". This is real, look at the charts, this is not a random guess.

Also it would not help the price to rise if there is more drama coming.

"State-sponsored Attackers May Compromise Bitcoin 0.13.0 Binaries" http://themerkle.com/state-sponsored-attackers-may-compromise-bitcoin-0-13-0-binaries/

"The upcoming Bitcoin 0.13.0 release is triggering a warning on the Bitcoin.org internet site. Since most people download the wallet software from this website, there is a big incentive for anyone who managed to sneak in malicious binary files. While the talk about state-sponsored attackers may be slightly exaggerating, it is not unlikely someone will try to do some damage."