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Author Topic: When can we expect sub $350 price?  (Read 4269 times)
veleten
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September 09, 2016, 04:52:58 PM
 #41

price expectations are to be > 600 and under 1000 by the end of this year
many consider the bitfinex incident to be one of the major reasons BTC has not reached 700-800$ already
but it depends on how whales behave, it could take 10.000 btc dumped to drive the price down

 

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pissedoff
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September 09, 2016, 04:56:47 PM
 #42

sub 350 price can happen when we get very high prices on the bitcoin and everybody is selling it then we can even get back to 100 so it depends on the people alot thats what makes the currency and thats also what makes it so unstable cause we dont have THAT many people yet if you compare it to usd so thats why our prices influciate so much and often.
The bitcoin market price is not very unstable to go back to dollar 100 or anything near that range.

I don't think we will see sub $350 without any major bad news.
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September 11, 2016, 09:04:37 PM
 #43

price expectations are to be > 600 and under 1000 by the end of this year
many consider the bitfinex incident to be one of the major reasons BTC has not reached 700-800$ already
but it depends on how whales behave, it could take 10.000 btc dumped to drive the price down

 
yes i am agree with you. we can expect the price of bitcoin above 600 and below 1000$ in next month, but at the end of this year the price of bitcoin will be trading above 1000$. so we can not expect the price below 350$, i think if a person in interested to invest in bitcoin he should not wait for the price decrease because the price of bitcoin will not decrease any more for next few months.
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September 11, 2016, 09:18:11 PM
 #44

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

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September 11, 2016, 09:45:23 PM
 #45

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

Maybe it is going to be just the other way round?
Economic crisis will drive people to search for different investment options.
And what do they find.... Bitcoins!
Hard to tell which version will turn out to be realistic. Guess we have to wait and see.

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September 11, 2016, 10:49:12 PM
 #46

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

Maybe it is going to be just the other way round?
Economic crisis will drive people to search for different investment options.
And what do they find.... Bitcoins!
Hard to tell which version will turn out to be realistic. Guess we have to wait and see.


I am saying exactly the opposite. In economic crisis people either search for food/shelter or gold. Nobody will give a damn about bitcoins. Bitcoin is a toy where you can have your fun while everything goes smoothly. Gold is the main currency of the world.

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September 11, 2016, 10:52:19 PM
 #47

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

Maybe it is going to be just the other way round?
Economic crisis will drive people to search for different investment options.
And what do they find.... Bitcoins!
Hard to tell which version will turn out to be realistic. Guess we have to wait and see.


I am saying exactly the opposite. In economic crisis people either search for food/shelter or gold. Nobody will give a damn about bitcoins. Bitcoin is a toy where you can have your fun while everything goes smoothly. Gold is the main currency of the world.

Not only gold but food itself will be a very great currency. I don't know how it is called exactly in English but I'm talking about trading e.g. eggs for milk or so. Gold would be a perfect currency but we have to keep in mind that, during an economic crisis... A bread will probably cost a gold bar.
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September 11, 2016, 10:53:40 PM
 #48

Haven't been paying attention to the markets lately. When can expect prices similar to those of 2015?

I do not think it will back this price
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September 12, 2016, 12:49:42 AM
 #49

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

Maybe it is going to be just the other way round?
Economic crisis will drive people to search for different investment options.
And what do they find.... Bitcoins!
Hard to tell which version will turn out to be realistic. Guess we have to wait and see.


I am saying exactly the opposite. In economic crisis people either search for food/shelter or gold. Nobody will give a damn about bitcoins. Bitcoin is a toy where you can have your fun while everything goes smoothly. Gold is the main currency of the world.

economic crisis does not have to mean post-apocalyptic society.

I didn't see people starving last time we had a major economic crisis in 2008.

Yeah a lot of people lost their job, and some lost their home or had to move to smaller homes, but people didn't massively change their behavior in general.

In fact, bitcoin was created as a direct result of this very crisis, to give an alternative to people who do not want to get their wealth stolen by these engineered crisis that are planned by the rich to make the rich even richer.

Look at the stocks right now.



now to be fair, bitcoin also had a flashcrash, which it's still recovering from. But the past few days bitcoin has been gaining, even though the stock market went to absolute shit.

And that's despite the fact that the Feds are pumping 100 Billion a day into the stockmarket, and none into bitcoin. And yet, the stock market is crashing, and bitcoin is doing fine.

Wait until the financial world catches on, and leaves the stock market for what it is, to turn to bitcoin. And watch all hell break loose.
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September 12, 2016, 05:40:58 AM
 #50

Haven't been paying attention to the markets lately. When can expect prices similar to those of 2015?


Typically, there will be big outbreak in every November....  Tongue

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Carlsen
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September 12, 2016, 05:52:17 AM
 #51

I am pretty positive that we will see even sub 300's in a year. People believe that if something bad happens bitcoin would gain value but that is a huge mistake. Bitcoin will take the biggest blow if the economy goes to shit.

Look what happened today. Hillary had an attack and bitcoin got dumped instantly. (Those news were good news for me btw)

So many shit is waiting at our doors and bitcoin will be harmed by some of those.

Maybe it is going to be just the other way round?
Economic crisis will drive people to search for different investment options.
And what do they find.... Bitcoins!
Hard to tell which version will turn out to be realistic. Guess we have to wait and see.


I am saying exactly the opposite. In economic crisis people either search for food/shelter or gold. Nobody will give a damn about bitcoins. Bitcoin is a toy where you can have your fun while everything goes smoothly. Gold is the main currency of the world.

Food & shelter, that's what normal people do. But I'm thinking more of the wealthy upper 1%. They have to put their money somewhere if stocks are crashing.
Bitcoin has a market capitalization of about 10 billion dollars. Compared to the fortune that 1% has, it's really not much.
I think it would be possible that some of them could try to save some of their money by putting it into bitcoin.
During the last crisis 2007/2008, that was not possible yet.

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September 12, 2016, 06:08:27 AM
 #52

Interesting that someone is expecting price to drop more then 200 $. Its also interesting what you talking about world crisis, yes some lost their jobs, but as I see many got new jobs. Some people live in smaller houses, well some live in even bigger. Some people make money when its crisis, someone drown, someone learn how to swim.
What ever come technology is going forward, and about economy I don't have much to say, I think that crises are products of manipulation. Changing some figures on global plan. Also that is a good way to make people live in fear, in that way its much easier to control masses.


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September 13, 2016, 07:12:13 AM
 #53

For any reason bitcoin price won't fall sub $350 at any instance. Price increase happens in accordance to time but at times depending upon the circulation the price seems to be decreasing to some extent but not upto $350.

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September 13, 2016, 08:36:32 AM
 #54

I dont think we will fall back to the 300 dollar but it can happen for sure but that wont change anything because allot of people are dropping the bitcoin right now or are selling them.
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September 13, 2016, 08:37:19 AM
 #55

I do not pay so much attention on markets and dynamic of price changing. But I can say that the price will fall to 350 $ only in the case if something the same as Bifinex hacking will repeat. Without that I don't see any chance to price drop so low. Well, I also would like to it drop to buy some bitcoins.
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September 13, 2016, 09:01:00 AM
 #56

For any reason bitcoin price won't fall sub $350 at any instance. Price increase happens in accordance to time but at times depending upon the circulation the price seems to be decreasing to some extent but not upto $350.
yes the price already hype up and it is really hard to dump down up to 350$ we can expect it to fluctuate but for sure it will be between 500-700 $ and we as believers we are expecting it to grow up to 1k$ before ending this year.

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September 13, 2016, 09:57:22 AM
 #57

I dont think we will fall back to the 300 dollar but it can happen for sure but that wont change anything because allot of people are dropping the bitcoin right now or are selling them.
Any source or data that suggests people are dropping bitcoin right now?
I don't think so, actually people are buying with high speculation that price can get well above $700 price which is before bitfinex hack price.

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September 13, 2016, 11:03:42 AM
 #58

We just entered the "ber-months" and people are expected to release a huge amount of money. People will spend a lot of money especially on December. So it's pretty clear that we can't expect a 350$ range anytime soon. Maybe if 3 to 5 exchange websites gets hacked and the hackers dumped their bitcoins altogether, then 350$ will be at reach. However, that many exchange sites getting hacked consecutively just seems unrealistic.

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rektDude
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September 13, 2016, 01:35:26 PM
 #59

Thanks for the help.

yeah, I'm looking to get in, but I'm not if it'll dip like it has always done.

well, i think if you want to get in, you should get in and don't wait around. but what you can do is to buy in the dips, even in an stable market there are dips which you can buy in.

i say this because waiting on a low price like a 350 for bitcoin may never happen. we saw that even with the bitfinex hack and the massive dump the price only went down to 500 (480?) and jumped back up immediately to 550 and rised to 570 so you can be sure that demand is there and the bottom is clear.
He wont fall back to the 350 that is one thing i could tell you the other thing i could tell you is that the bitcoin will never leave the 500 or less for sure you can trust me,
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September 13, 2016, 01:56:32 PM
 #60

I think that's impossible right now looking at where the prices are. Maybe if there were hacking fiascos people would start to massively sell and abandon again which would cause this price drop but any other way I have to be honest I can't see it happening anymore.
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