Rembedful
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June 27, 2019, 11:48:39 AM |
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My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.   Well, you're just predicting but you don't really know if what you're predicting is accurate or not. Nobody can predict what will happen, even when you least expected it, it might be just the time that a whale will decide to invest a huge amount of money in the cryptocurrency market, and before you know just what's happening the price has started moving up within a short time. So forget about the prediction thing you're talking about and if in case you don't know, the price has already crossed from $9k to $12k plus within a short days. |
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semobo
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June 27, 2019, 07:35:07 PM |
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My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins. when we are using the Bitcoin continuously then it will not been stable for a long time in a same position that is the most important reason that we don't have the prediction about the Bitcoin in any situation and more over normal will reduce the value or increase the value. |
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RealMalatesta
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June 29, 2019, 08:31:18 AM |
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If you follow the growth rate of the price of Bitcoin over the past 2 months, then I can well assume the same thing that we can reach $ 15,000 before the end of this summer. Many analysts have limited themselves to saying about the maximum price for Bitcoin at $ 15,000 for the whole 2019, but it seems to me that the situation can be much more progressive.
I agree with you that we can progress more than that, but correction is what usually limit some of these values predicted from growing beyond that, I remember some days back when I watch the market grow up to $13700, just within few minutes, the market suddenly plunged to $12140, making it lose value of over $1000 dollars within a space of 10 minutes before climbing back. We could see a major correction now that will drop us back to like $7000, and when that happen, we will definitely struggle for the remaining part of the year to climb back again, which may set us to a new ATH for the year 2019 at $15k before we continue the remaining uptrend journey by next year. Well, all is speculation, and anything could happen. |
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Argoo
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#SWGT PRE-SALE IS LIVE
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August 11, 2019, 07:10:50 AM |
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If you follow the growth rate of the price of Bitcoin over the past 2 months, then I can well assume the same thing that we can reach $ 15,000 before the end of this summer. Many analysts have limited themselves to saying about the maximum price for Bitcoin at $ 15,000 for the whole 2019, but it seems to me that the situation can be much more progressive.
It seems that your assumptions do not come true. We are approaching mid-August, three weeks are left before the end of summer, and the price of bitcoin is now $ 11,394 and has a tendency to decrease. Bitcoin price volatility has always been and will always remain very high. In June, bitcoin grew very well in price, but this does not mean that it will grow for a long time. Now its price is fluctuating and for a given period of relative calm in all markets, this is good. This creates good prerequisites for the further growth of the cryptocurrency market with the onset of autumn. The fourth quarter of the year will be decisive. |
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Janation
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August 11, 2019, 11:42:52 AM |
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when we are using the Bitcoin continuously then it will not been stable for a long time in a same position that is the most important reason that we don't have the prediction about the Bitcoin in any situation and more over normal will reduce the value or increase the value.
Obviously, with its volatility, that would be hard. Demand and its investors are the most reason why the price of Bitcoin do change and not change. It is more of it changes that it do not change since as I said, with its volatility and a lot of its users, Bitcoin will change so quickly. |
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bitgolden
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Leading Crypto Sports Betting & Casino Platform
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August 12, 2019, 03:25:35 AM |
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Supply and demand will get low and low eventually, demand is going strong but supply is not getting bigger at all, miners are mining around 2k bitcoin right now (around 1.8k) and that will be cut in half soon which is 900 bitcoin give or take, that is a ton of bitcoin that would not be sold on the market, that would eventually affect the price, not right away after the halving because I am sure they are saving a bit of it aside for "just in case" reasons but eventually that will be depleted as well so all they would have is the 900 bitcoin and this is not just one person or one mining company, its bunch of them sharing it.
Hence, I think its quite important to know that bitcoin will start going up in about 1 year (maybe a bit longer like 16-18 months) because miners will have less and less money to sell.
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BitHodler
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August 13, 2019, 06:29:41 PM |
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Hence, I think its quite important to know that bitcoin will start going up in about 1 year (maybe a bit longer like 16-18 months) because miners will have less and less money to sell.
Miners have never sold the major part of their earnings to begin with. If after the block halving the price tanks, they might end up unloading more coins because of how their operational cost is still the same. If the price does go up, the number of coins they sell might be lower compared to how many coins they sell today, but the dollar value of their sales will keep going up and therefore eat through more available market liquidity. The dollar amount miners need every month to stay operational only increases as we have learned from the previous years. Lower block inflation doesn't change that at all. Overall, it all comes down to what cycle we're in. If we're going through a bear market where liquidity is leaving the market, the low rate of block inflation will not help you at all, the price will keep going down anyway. |
BSV is not the real Bcash. Bcash is the real Bcash.
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trickyriky
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August 16, 2019, 06:50:39 PM |
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Supply and demand will get low and low eventually, demand is going strong but supply is not getting bigger at all, miners are mining around 2k bitcoin right now (around 1.8k) and that will be cut in half soon which is 900 bitcoin give or take, that is a ton of bitcoin that would not be sold on the market, that would eventually affect the price, not right away after the halving because I am sure they are saving a bit of it aside for "just in case" reasons but eventually that will be depleted as well so all they would have is the 900 bitcoin and this is not just one person or one mining company, its bunch of them sharing it.
Hence, I think its quite important to know that bitcoin will start going up in about 1 year (maybe a bit longer like 16-18 months) because miners will have less and less money to sell.
The demand for Bitcoin will be constantly growing, and this is evident. We know that the number of BTC will be not changed ever, and further, when more and more people will start entering the crypto market, this cryptocurrency will grow in price. If you enter some popular exchange and look through its statistics you will see that more guys buy Bitcoin not sell it. |
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