Red Fish (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
May 16, 2017, 07:15:54 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year.
|
|
|
|
tosmartak
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 07:23:23 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 07:32:23 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. Wow!Super analysis you've done here! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) You as everybody else here can not predict what's going to happen. Furthermore we already reached the 1900 range a few days ago on a few exchanges. Maybe we will try to reach it again and make a breakthrough for some short while who knows. As we haven't tested the old ATH at around 1350-1400 range it is no secret or surprise that we may test this level as a bottom again. We always did this in the past so I see no reason why it should be different this time. In the end it's all speculation what we're doing here and therefore this thread generally belongs in this section.
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 07:32:53 AM |
|
why it should go down? just because you think the value is too high? or increased to fast? both are not true, first the value increased only by 40%, we had bigger increased in the past
remember the $200-->$400 or the $400 --->$700?, 40% is nothing not a bubble for sure i can say that 40% is a natural grow due to more adoption
many are still accustomed to the pump and dump of early days of bitcoin and can not see that the price will increase and be rock solid bat this current rate from now, due to more people accepting bitcoin
|
|
|
|
whatnodude
Newbie
Offline
Activity: 3
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 07:36:17 AM |
|
why it should go down? just because you think the value is too high? or increased to fast? both are not true, first the value increased only by 40%, we had bigger increased in the past
remember the $200-->$400 or the $400 --->$700?, 40% is nothing not a bubble for sure i can say that 40% is a natural grow due to more adoption
many are still accustomed to the pump and dump of early days of bitcoin and can not see that the price will increase and be rock solid bat this current rate from now, due to more people accepting bitcoin
Rapid adoption is short term expectation, and a lot of mass markets buying without education. After a couple weeks/month short term expectations and increase awareness of Bitcoin, including the current scaling issues, will trigger a large correction.
|
|
|
|
Red Fish (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 07:39:39 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations. It is quite clear from Bitcoin price historical movements this year ! Bitcoin price will reach maximum and then go down.
|
|
|
|
Xester
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:07:15 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. You are talking out of nowhere without facts to prove your claim. Bitcoin will not back again to below 1700$ and it will continue to climb up more than 2k$ this year. The reason is the adoption of bitcoin in Japan last April that will serve as a lever that will push bitcoins price up. By next month Australia will also adopt bitcoin and it will bring a huge hit and spike again in the market. Expect a jump to 3k$ this year.
|
|
|
|
pooya87
Legendary
Offline
Activity: 3570
Merit: 10837
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:15:31 AM |
|
you are late to the party my friend. price is already going down and it will possibly continue this way for some more time because a fast rise needs a correction currently at $1680 with a $1610 low.
and then after this correction period ended it will rise up to $1900+ possibly even break $2000 and depending on how fast it goes up we may even see some more of the same thing.
|
|
|
|
Joshua101101
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 378
Merit: 100
https://saturn.black
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:17:03 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations. It is quite clear from Bitcoin price historical movements this year ! Bitcoin price will reach maximum and then go down. In summer, the rate usually decreases and soon it will start to fall again, and by the end of the year it will grow to the maximum.
|
|
|
|
SvenBomvolen
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:25:19 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. Bitcoin has reached it's maximum few days ago. I don't know what is the base of your suggestion, but I am expecting to see 2000$ during the year.
|
|
|
|
piebeyb
Legendary
Offline
Activity: 2408
Merit: 1038
Bitcoin Trader
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:26:32 AM |
|
Not even if more and more bitcoin users continue to grow in every country, I think though it will go down in the summer and it is no longer playing under $1200
|
Trade on the go. Anywhere, anytime.
|
|
|
Patinix
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 77
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:32:54 AM |
|
It is in a bubble right now, which isn't good. It will drop.
|
|
|
|
NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:35:43 AM |
|
Here a quote from Poloniex, which is likely true for many other exchanges, including those that mainly deal with bitcoin:
"We have never seen such enthusiasm for trading blockchain tokens as we have in the past few months. Since January, we’ve seen an increase of more than 600% active traders online and regularly process 640% more transactions than we did merely 4 months ago."
This massive surge of new users that are all scrambling to take some pieces of several coins are causing the price to rise. Not coordinated pump n dumps.
|
|
|
|
buenav
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 87
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:42:52 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. Whether it is high or low right now is really a relative concept, a few months ago a price of 1000 was considered high but now would be considered low. My point being there is no telling where the price will head and I think your analysis that it will go down later this year is really off because the interest for bitcoin has really surged lately. If the price rises with a surge in usage then it can't be called a bubble.
|
|
|
|
QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:51:25 AM |
|
|
|
|
|
bitcoinstress
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 08:59:41 AM |
|
If we look in Bitcoin price this year, then we can see that currently it is quite high, almost 1700 USD now - http://preev.com/, so it will go to 1800 - 1900 USD this summer and then go down later this year. What made you think it would go down later this year? Sure it is quite high and we can all see that and no one knows the factor that may cause the decrease or extreme spike in increase tomorrow or next. Nevertheless, you sounded so certain with your predictions and I think we will love to know why we should consider your speculations. Prices have increased quite high, sooner or later it is certain there will be a dump that occurred.
|
|
|
|
DoublerHunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 09:34:27 AM |
|
I think this prediction or topic is right because the price of bitcoin is ranging about to that price and now it is dumping and the summer is about to end and i think that the price of bitcoin will continue to go down and be stable at 1500 USD and it will take a few months to have a pump again. It is worth to wait than sorry.
|
|
|
|
DeathAngel
Legendary
Offline
Activity: 3234
Merit: 1613
#1 VIP Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 10:09:14 AM |
|
Crap OP with no chart analysis or in depth calculations. I'm guessing more so what the OP hopes happens in order for him/her to buy in cheap.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 10:19:34 AM |
|
why it should go down? just because you think the value is too high? or increased to fast? both are not true, first the value increased only by 40%, we had bigger increased in the past
remember the $200-->$400 or the $400 --->$700?, 40% is nothing not a bubble for sure i can say that 40% is a natural grow due to more adoption
many are still accustomed to the pump and dump of early days of bitcoin and can not see that the price will increase and be rock solid bat this current rate from now, due to more people accepting bitcoin
Rapid adoption is short term expectation, and a lot of mass markets buying without education. After a couple weeks/month short term expectations and increase awareness of Bitcoin, including the current scaling issues, will trigger a large correction. I guess you're talking about altcoins as Bitcoin is rising steadily and pretty slow compared to all the shitty stuff out there, if you have a look at the long term chart.Altcoins however are jumping to moon and beyond out of nowhere and without any fundamental reason. Imo we will see alts crashing and a good piece of that money floods back into Bitcoin.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2017, 10:22:37 AM |
|
It is in a bubble right now, which isn't good. It will drop.
Bitcoin is far away from being in a bubble! I guess you haven't experienced any bitcoin bubble so far. So it will continue moving up until the year with some healthy corrections within of course. And that could also include a drop to the 1400 range for a short term to test the bottom. $2000 at the end of the year is pretty realistic, maybe more.
|
|
|
|
|