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Author Topic: Can bitcoin penetrate the price of 3500 USD at the end of 2017 this?  (Read 2637 times)
stevano (OP)
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July 28, 2017, 02:40:55 PM
 #1

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?
avikz
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July 28, 2017, 02:53:02 PM
 #2

It's not impossible to reach that price level especially with Segwit activate, bitcoin network is expected to more efficient which is more like draw more investors into the market. So the market cap is also expected to increase, which will further increase the price.

Bitcoin already broke in to the 3000 USD price barrier earlier but couldn't hold that price and came down. However, expectation is running high for August 1st and I think by the end of 2017, we will be able to break through 3500 USD price limit. Keeping my fingers crossed.

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July 28, 2017, 02:57:49 PM
 #3

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?


Now is price even higher Smiley
I expect that btc will soon reach $3000 level soon.
Not sure that we can reach the price of $3500 until the end of year because of many speculations in the btc market.
It seems that we have many sell orders around $3000 price, so in the short term I expect more up and down in the btc market between $2200- $3000.
Such higher price is maybe more realistic next year.

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July 28, 2017, 03:01:12 PM
 #4

the goldman sachs prediction about bitcoin price came true when they said price will drop down below $2000.

now they have made a new speculation about it saying price will rise up to $3600 and if you read the details and take a look at the analysis you can see how it makes very good sense.

here is the link:
http://www.businessinsider.com/bitcoin-price-goldman-sachs-technical-analysis-2017-7
and bitcoin most probably had already the "swings" she was talking about.

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iamTom123
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July 28, 2017, 03:03:07 PM
 #5

Bitcoin is now back on the rise again. I am not sure but there is a big possibility that the market has already discounted that BicoinCash announcement. Now, in case there can be no major disruption this coming August 1, then most probably Bitcoin can continue on rising and reaching $3,500 before the year ends that can be very feasible. Now, that is something really worth waiting. Let's ditch/dump BitcoinCash so it can be out of our way as soon as possible.
macartem
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July 28, 2017, 03:17:33 PM
 #6

 I think it is not impossible to reach that price level. I think it is maximum price - 2800 usd. But anything can happen
MBworld
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July 28, 2017, 03:22:02 PM
 #7

I wonder why ? Has it overcime scalebility issue ?
Or transcation per sec increased ?
Let there be bit load n see backlog piling up again

Inflationary aspect ingnored ..

But its ok riding pure speculatuve ride .. how long ?
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July 28, 2017, 03:28:47 PM
 #8

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?

This is possible because a series of central banks in each locality have accepted the bitcoin payment.
As you have seen the market can not go down any more, only a few people are too scared and sell all the BTC they have but they forget that the BTC has great support from the community. .

CryptonomyCapital
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July 28, 2017, 03:54:32 PM
 #9

And I think that it will reach $3500 earlier. The risk of network disruption is little, so we will see growth after August 1.
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July 28, 2017, 04:10:52 PM
 #10

Until the end of this year price might even cross $5k easily and I think when all this fomo and chaos around hardfork will over on 1st week of august price might reach $3500 which will be new all time high price.

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July 28, 2017, 04:22:51 PM
 #11

In my opinion yes, bitcoin can break $3500 by end of 2017, I think it is quite likely. Once all the FUD around the altcoin fork is over we will rise.

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Ewox
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July 28, 2017, 04:32:06 PM
 #12

I really think bitcoin can reach $3500 by the end of this year maybe even more. Bitcoin is strong and I do believe it will exceed its obstacles like the August 1 event, just give it time and surely it will be back to where it drop off even reach a new ath by the time it finds its track. Let's just all wait until this drama is over and we will know what will be the result whether bitcoin is splitting or not it will still increase.
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July 28, 2017, 04:41:37 PM
 #13

I think that if after August 1 there are no difficulties with bitcoin, and it is very likely, then it is possible that the bitcoin rate will rise to $ 3,500 by the end of 2017. Considering what is expected
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July 28, 2017, 06:07:51 PM
 #14

If the price of bitcoin will be greater than the last all the time high which is $3,000 then it will be easy for it to reach $3,500 and more but since there are still a lot of bad news coming about the hard fork then we can't be sure if the price can reach that far by the end of this year.
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July 28, 2017, 09:46:56 PM
 #15

Bitcoin went up despite all the internal political struggles and scaling debates, so now that the air has (mostly) cleared I think Bitcoin still has a new ATH in stock come November - just in time for Segwitx2 to get the market swinging again. Kinda funny though how one of the factors that probably started the initial rally (namely the BTC ETF speculations) have completely fallen off radar by now. Time flies when you're having fun~

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July 28, 2017, 10:22:33 PM
 #16

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?

Honestly I'm pretty sure bitcoin prices could be better than current prices. See the possibility of bitcoin prices predicted to increase, although I'm sure the next few weeks there will be a decline in bitcoin prices. For those who can be patient then hold bitcoin at that time can be profitable. Bitcoin at the end of the year has a positive upward trend.
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July 28, 2017, 10:57:28 PM
 #17

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?


I think it's quite a reasonable target to happen before the end of this year -- $3500 is just 25% away from current levels. If everything plays out well, I think we'll likely see the market attempt to break through the $4000 level this year. I however can't put my possible negative thoughts on the hard fork that is supposed to happen in roughly 3 months from now aside. Nothing guarantees that there will actually be a hard fork as should followed according to the rules of the SegWit2X proposal....
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July 28, 2017, 11:04:13 PM
 #18

If the price of bitcoin will be greater than the last all the time high which is $3,000 then it will be easy for it to reach $3,500 and more but since there are still a lot of bad news coming about the hard fork then we can't be sure if the price can reach that far by the end of this year.

Now left with few more days to see the impact of all those bad news. As per me, it will not impact so much on Bitcoin prices and most of the people are supporting the original Bitcoin than Bitcoin cash. I feel that it Bitcoin cash may slowly disappear and finally, we see the only bitcoin in the market. I don't how much Bitcoin can grow by this year end but by next year end, we can see Bitcoin can crossing 5000 marks.
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July 29, 2017, 12:06:20 AM
 #19

With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.

How do you respond about it, can or not bitcoin will reach that price?


The price is very close at hand. I do not think that Bitcoin will reach 3500 USD, I know that it will reach it. It can even surpass that price within this year. After the current debate and issues about Bitcoin scaling, we will see Bitcoin soar up again and will reach more all time highs. There should be no doubts about it.
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July 29, 2017, 12:17:54 AM
 #20

Price will probably begin tanking with the onset of BCC as both BCC supporters and BTC supporters begin dumping coins on both chains. I expect a ~$250 drop or more during the first week of August because of this. Long term, SW will make the price rise but it is not a perfect solution to the blocksize debate. Expect more debating and shit that we've been getting recently in the future.
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