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Author Topic: When can we expect sub $350 price?  (Read 5112 times)
vero
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September 14, 2016, 01:25:59 PM
 #61

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 necessarily probably yes most people will be looking for gold to secure the assets they have but there is a possibility they will be looking for bitcoin due the price of bitcoin are quite strong and are not influenced by a fall or rise in other currencies.

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September 14, 2016, 09:29:41 PM
 #62

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.

With bitcoin the large outbreaks are either fueled by a pump (halving) or spectecular news.
At this either one are too long term so don't take that in effect. The same for a sub, for miners the price always had some impact. The price did not go under 200 else even the large miners would have to stop.

The same apply's now with the halving. The price won't go down 400 dollar. That seems to be the real potential low atm.

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September 16, 2016, 03:20:24 PM
 #63

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

Major hacks of the important exchanges at the same time or in few days, another possibility is not having access to the Internet in the whole world.
Other than that I don't see why it will fall too deep

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September 16, 2016, 04:57:45 PM
 #64

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

Major hacks of the important exchanges at the same time or in few days, another possibility is not having access to the Internet in the whole world.
Other than that I don't see why it will fall too deep

Yes this will really affect bitcoin price, so major exchanges where hacked and hacked bitcoin is dumped to minor one making the buy wall to collapse.  It may fall below 100 USD if this happen. But I doubt that.   With normal events bitcoin will never go down to sub  350 usd and i believe will even climb up in price value.

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September 16, 2016, 05:01:16 PM
 #65

I do not expect the price to fall below $500 again, even, I think the price of bitcoin will not go back to $350.
bitcoin constantly evolving so it will continue to rise.
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September 16, 2016, 05:11:17 PM
 #66

I don't think price can go that low as last time on huge bitfinex disaster few month ago price get good buy support at 450$ range so i suggest you better buy now or buy if price goes below 500$ again.
For now we can not imagine that the price will crash at that price its just a bottom of the price when the price is 600+.
But we dont know what will happen next time anytime the price of bitcoin can change because bitcoin is unpredict.
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September 17, 2016, 02:09:17 PM
 #67

Actually now bitcoin is going to up, and it would be continue for the end of the year, may be bitcoin will be reached at $750 in the last month of the year and after it may be bitcoin start to down, so no one give you exact point that bitcoin never come back at $350. 

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September 17, 2016, 03:24:38 PM
Last edit: September 18, 2016, 08:02:58 AM by eaLiTy
 #68

A sub $350 for bitcoin is not at all a possibility at the moment unless and until there is some sort of hack at a major exchange or a security flaw in the core or a major dispute regarding forking could pull the price down,but it is highly unlikely it would happen ,if at all if the price moves down then it would be hard to come back to this level.So i dont want the price to go down no matter what. i would like to see the price trading between 585 to 850 for the years to come.
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September 17, 2016, 06:48:09 PM
 #69

A sub $350 for bitcoin is not at all a possibility at the moment unless and until there is some sort of hack at a major exchange or a security flaw in the core or a major dispute regarding forking coul all pull the price down,but it is highly unlikely it would happen ,if at all if the price moves down then it would be hard to come back to this level.So i dont want the price to go down no matter what. i would like to see the price trading between 585 to 850 for the years to come.

Sub 350 seem to be a dream if you ask me. Because yes when the price goes there I will be the first to buy more. But no this seems like an utopia if you ask me. At this moment the price seems to be stable well over 600 dollars.
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September 18, 2016, 08:02:27 AM
 #70

A sub $350 for bitcoin is not at all a possibility at the moment unless and until there is some sort of hack at a major exchange or a security flaw in the core or a major dispute regarding forking could pull the price down,but it is highly unlikely it would happen ,if at all if the price moves down then it would be hard to come back to this level.So i dont want the price to go down no matter what. i would like to see the price trading between 585 to 850 for the years to come.

Sub 350 seem to be a dream if you ask me. Because yes when the price goes there I will be the first to buy more. But no this seems like an utopia if you ask me. At this moment the price seems to be stable well over 600 dollars.

is it not the same thing i just said earlier  Tongue i just explained about the possible hypothetical situations that were to arise if the price ever has to go down to a level par $350, i would not confidently spend my money purchasing the coin at that time,i would wait out and if i am certain that the price would surge then i will start purchasing.
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September 18, 2016, 10:29:07 AM
 #71

A sub $350 for bitcoin is not at all a possibility at the moment unless and until there is some sort of hack at a major exchange or a security flaw in the core or a major dispute regarding forking coul all pull the price down,but it is highly unlikely it would happen ,if at all if the price moves down then it would be hard to come back to this level.So i dont want the price to go down no matter what. i would like to see the price trading between 585 to 850 for the years to come.

Sub 350 seem to be a dream if you ask me. Because yes when the price goes there I will be the first to buy more. But no this seems like an utopia if you ask me. At this moment the price seems to be stable well over 600 dollars.

We can't even sure since we don't know the future but in 350 price it's seems to impossible to happen because as we can see on the price drop after bitfinex hack it drop below but not beyond low on $500 mark which it bounced up again it's price because lots of people do buy when the price is still low.

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September 18, 2016, 10:35:05 AM
 #72

A sub $350 for bitcoin is not at all a possibility at the moment unless and until there is some sort of hack at a major exchange or a security flaw in the core or a major dispute regarding forking coul all pull the price down,but it is highly unlikely it would happen ,if at all if the price moves down then it would be hard to come back to this level.So i dont want the price to go down no matter what. i would like to see the price trading between 585 to 850 for the years to come.

Sub 350 seem to be a dream if you ask me. Because yes when the price goes there I will be the first to buy more. But no this seems like an utopia if you ask me. At this moment the price seems to be stable well over 600 dollars.

We can't even sure since we don't know the future but in 350 price it's seems to impossible to happen because as we can see on the price drop after bitfinex hack it drop below but not beyond low on $500 mark which it bounced up again it's price because lots of people do buy when the price is still low.
It can be still happen even we are in new level it can be possible to happen. if all exchange has been crash and hack by hackers.. exect that the price will reduce and 350 usd can be possible i am not a fortune teller. its just my thoughts.. that can be possible to happen anytime..

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September 18, 2016, 01:56:24 PM
 #73

I have same opinion like those who believe that price under $350 will never to seen anymore. This is talk about current normal situation if there is something unseen which has bad effect on Bitcoin then anything can be expected. Bitcoin is very stable right now because of halving and investment they are strengthening it.
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September 18, 2016, 02:00:34 PM
 #74

I have same opinion like those who believe that price under $350 will never to seen anymore. This is talk about current normal situation if there is something unseen which has bad effect on Bitcoin then anything can be expected. Bitcoin is very stable right now because of halving and investment they are strengthening it.
Yeah, If the bitcoin market price goes sub $350 it would create a huge panic sell that could kill bitcoin.

I think the bitcoin market price will keep increasing so its best to buy and hold.
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September 18, 2016, 02:18:52 PM
 #75

I have same opinion like those who believe that price under $350 will never to seen anymore. This is talk about current normal situation if there is something unseen which has bad effect on Bitcoin then anything can be expected. Bitcoin is very stable right now because of halving and investment they are strengthening it.
Yeah, If the bitcoin market price goes sub $350 it would create a huge panic sell that could kill bitcoin.

I think the bitcoin market price will keep increasing so its best to buy and hold.
which is correct mate the price will keeps on rising up and bounce down little but will rebound again so much better to keep it hold.

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September 18, 2016, 02:22:20 PM
 #76

I have same opinion like those who believe that price under $350 will never to seen anymore. This is talk about current normal situation if there is something unseen which has bad effect on Bitcoin then anything can be expected. Bitcoin is very stable right now because of halving and investment they are strengthening it.
Yeah, If the bitcoin market price goes sub $350 it would create a huge panic sell that could kill bitcoin.

I think the bitcoin market price will keep increasing so its best to buy and hold.
which is correct mate the price will keeps on rising up and bounce down little but will rebound again so much better to keep it hold.
Most of the time the bitcoin market price bounces down when some bad news is posted about bitcoin and there isn't any now so we should see an increase in price soon.
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September 18, 2016, 02:30:07 PM
 #77

I don't know what can make price drop so much, its almost half of the price now. What kind of bad news can hit bitcoin so much?
We saw how bitfinex hack, and losing millions of dollars in bitcoins make price drop for 200 $, but price is recovering very fast in my opinion. What doesn't kill you, make you stronger, same thing is with bitcoins. Now we are going up, and I doubt we will ever seen under 500 $ again.



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Rainbot
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September 18, 2016, 03:10:55 PM
 #78

I have same opinion like those who believe that price under $350 will never to seen anymore. This is talk about current normal situation if there is something unseen which has bad effect on Bitcoin then anything can be expected. Bitcoin is very stable right now because of halving and investment they are strengthening it.

I agree at this current state, we will never see  a sub 350 usd bitcoin price.  Bitcoin is getting  stable, you can see the past trade history of bitcoin, more and more people are joining the bitcoin  community.  But, everythingis possible to happen, if bitcoin have this unseen doom to take place then  probably it will not only go to sub 350 usd but lower. 

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Xenophoto
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September 19, 2016, 05:08:02 AM
 #79

You can expect 350$ price any time you want but you'll just be disappointed. We will not be touching that price again because we just crossed halving and it should rise instead. 350$ would only be possible if 2 or 3 exchange websites that are both in the same level as bitfinex got hack.

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September 19, 2016, 06:06:45 AM
 #80

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

Well, i think it's impossible to back on that price. Because we got the halving on this year and it's give a good affect into bitcoins' price. Maybe the price goes that price if something bad happen, like bitfinex hack or some bad gossip/issue.
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