Quote from: ASHLIUSZ on June 30, 2016, 04:47:44 AM

Quote from: buyinbtc on June 29, 2016, 07:19:25 PM

Quote from: Fatinan on June 29, 2016, 06:50:41 PM

It does not matter if the price drop to $580 or not. If there is active development of the bitcoin, the price will rise.

correct! the bitcoin is a long term thing in my opinion and programmers work with it all the time thus there might be a big increase really fast pretty soon, that will make bitcoin more popular

i think even though the price dropped a little bit it wont have too big of a negative impact on bitcoin because people will be holding their bitcoins no matter what and the price will not be dumped to really low numbers

There has been a runup in the Bitcoin price over the past month, and many claim this is due to the upcoming halving. even if it drops a little users hopes that it wont dump very low.

The $550 range could be a short term bottom, I think the bitcoin price will not drop below that level.