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Author Topic: Bitcoin recovering ?  (Read 29576 times)
VerdinaNET (OP)
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October 24, 2016, 03:41:07 PM
 #1

Do you think bitcoin is going to reach june rates soon ?

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October 24, 2016, 03:45:32 PM
 #2

Do you think bitcoin is going to reach june rates soon ?

I don't remember how much It was back in June but Bitcoin is increasing slowly with stability (that's what we need at the moment instead of a pump-dump) and with the halving that happened in last July , It should be just a matter of time till It reach 1000$ , If not more.
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October 24, 2016, 04:16:32 PM
 #3

Do you think bitcoin is going to reach june rates soon ?

I don't remember how much It was back in June but Bitcoin is increasing slowly with stability (that's what we need at the moment instead of a pump-dump) and with the halving that happened in last July , It should be just a matter of time till It reach 1000$ , If not more.

It was above $720 in june, and i feel it will cross that price again before next year because the price has already started growing and it has reached $650 or above that right now and i feel it can surely cross that price where it was in june or will reach that extent.
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October 24, 2016, 04:24:21 PM
 #4

Do you think bitcoin is going to reach june rates soon ?

If based on my own preferences then definitely yes it will. Besides I consider that price back in June as a breachable one, meaning chances of going there is really high.

No such basis I can shown right now with my claims and even some drastically movement explanation in the chart but as long as the correction price is close on that June range, bitcoin price will surpass it and even by much more.

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October 24, 2016, 04:36:58 PM
 #5

I am always confused by the term "recovery" in markets. I know what it is supposed to mean, but I think it is the wrong term. For example we are told we are in an economic recovery since 2008. The term recovery implies that the markets are somehow sick and that prices should be higher. That is nonsense, IMO.

The market is low because that is the price, like it or not. Valuations rise when there is a logical reason and they go down in the same way. We are never going to "recover" nor are we "getting the jobs back". There is no reason for those things to happen, despite what every candidate in every election will tell you.

So is bitcoin recovering? No there may be an increase or decrease, but since bitcoin cannot get sick it will not recover. 

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October 24, 2016, 04:37:33 PM
 #6

Do you think bitcoin is going to reach june rates soon ?
I believe that bitcoin price not only reaches June rate but also gets even higher than 720$. At the moment, there are so many impacts which are causing changes in bitcoin price as well as the economic system. In my opinion, bitcoin price will reach at least 1000$. When it happens, i will sell some bitcoin to get some advantages

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October 24, 2016, 04:48:19 PM
 #7

Do you think bitcoin is going to reach june rates soon ?
If you are talking about recovering from dump after bitfinex hack than i think yes price seem recovering really fast than speculated after that massive loss of bitcoin. We are quite near to before hack price ,($700) may be we will again see $700 by end of this month or November this year if everything goes well.

 
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October 24, 2016, 04:52:53 PM
 #8

The increase in the past two days has been significant part of  Chinese buying more bitcoins. i am afraid the rate would stay the same or go lower in the coming days. here is the statistics that more buys from Chinese http://fiatleak.com/

If they continue to do so there might be increase, but rather i doubt it goes higher than $700 anywhere soon.
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October 24, 2016, 05:16:43 PM
 #9

Do you think bitcoin is going to reach june rates soon ?
coming that price i think it can make it or surpass that price as we know how btc works and that's why we love on investing from it, expecting that the price will still moved up and will rally in anytime i think just keeps on holding or keep on buying it would be much prefer, 700$ can achieved before the end of the year or in the first quarter just my personal opinion.

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October 24, 2016, 05:35:01 PM
 #10

The increase in the past two days has been significant part of  Chinese buying more bitcoins. i am afraid the rate would stay the same or go lower in the coming days. here is the statistics that more buys from Chinese http://fiatleak.com/

If they continue to do so there might be increase, but rather i doubt it goes higher than $700 anywhere soon.
Thanks for link to fiatleak.com, never seen it and if the datas and pictures are real its really asesome to watch all the orders coming mostly from chinese exhangers. So there seem still buying force which can again make another good pump on price. I think we have to thank chinese traders for making bitcoin price to recover so fast from <$500 range.
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October 24, 2016, 06:16:52 PM
 #11

Predictions are so different and vary from 1000$ until the end of the year to the more pesimistic of about 400$ at the end of year. I think the price will be around 700$ and that is at the moment the most realistic price. We'll see what will happen in the future.

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October 24, 2016, 06:46:16 PM
 #12

Course crypto currencies bitcoin rose to its highest level in three months amid falling Chinese yuan. Exchange rate for bitcoin has almost recovered after a collapse due to a hacker attack on the Bitfinex team in August.Normal users do not expect changes. They don't think can happen to their surges. In the above it is clear that this currency appears the stability of the market development
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October 24, 2016, 06:47:56 PM
 #13

Do you think bitcoin is going to reach june rates soon ?

Hard to tell.
It could go fast, or take us more time than some may think.
I would already be happy and satisfied with a price of ~$700 at the end of the year.
If it should be more I would gladly accept it of course. Smiley
Let's wait and see where we will stand in 2 months.

Btw: Bitcoin has already recovered! Now we are getting stronger and stronger again!
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October 24, 2016, 07:55:09 PM
 #14

I do believe bitcoin has reached something around 750 dollars, i dont know if bitcoin will be able to reach those value this years, but the 700 dollars should be  into November around those value, las year bitcoin raised a bit before December and kept stable.
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October 24, 2016, 08:08:53 PM
 #15

Do you think bitcoin is going to reach june rates soon ?
It is good that bitcoin price is rising and it could rise further it could be due to halving effect.I hope it cross 2013 price

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December 30, 2016, 06:03:32 PM
 #16

Yess bitcoin is recovering and it has now reached 950 dollars and it would reach 2000 dollars by the end of 2017 and it would be a huge success for bitcoins.

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December 30, 2016, 08:40:46 PM
 #17

Yess bitcoin is recovering and it has now reached 950 dollars and it would reach 2000 dollars by the end of 2017 and it would be a huge success for bitcoins.

you have a very optimistic outlook. But Bitcoin is very unpredictable, so that any price can be expected from him. I would hope that by 2017 it will reach $ 1,500
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December 31, 2016, 05:17:53 AM
 #18

Yess bitcoin is recovering and it has now reached 950 dollars and it would reach 2000 dollars by the end of 2017 and it would be a huge success for bitcoins.

you have a very optimistic outlook. But Bitcoin is very unpredictable, so that any price can be expected from him. I would hope that by 2017 it will reach $ 1,500
Hahaha! Nice prediction of Bitcoin price. As you said Bitcoin price is very unpredictable so we didn't know if in the year 2017 can reach $1,500  per Bitcoin.
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December 31, 2016, 05:49:52 AM
 #19

Yess bitcoin is recovering and it has now reached 950 dollars and it would reach 2000 dollars by the end of 2017 and it would be a huge success for bitcoins.

you have a very optimistic outlook. But Bitcoin is very unpredictable, so that any price can be expected from him. I would hope that by 2017 it will reach $ 1,500
Hahaha! Nice prediction of Bitcoin price. As you said Bitcoin price is very unpredictable so we didn't know if in the year 2017 can reach $1,500  per Bitcoin.

I agree with you that predicting bitcoin at 1500$ each is what bitcoin users and holders expect. But 500$ increase is a much, so in my opinion it would only increase up to 200$  max this 2017. But if it reaches a 500$ increase then 2017 is a very fruitful year.

I just wish that bitcoin continues to grow amidst the possible launching of virtual fiat currency.
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December 31, 2016, 06:00:31 AM
 #20

Every security has a periodic cycle of boom, recession, depression and recovery.
But Bitcoin is most unexpected security. You can't predict Bitcoin. Its for first time, Bitcoin crosses June-July rates in December!
Lets hope for better in 2017!
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