Post
Topic
Board Speculation
Re: When will bitcoin reach 500 USD again ?
by
terman45x
on 08/07/2016, 11:54:04 UTC
...and why do you think so ?
We have already passed this amount and we are now waiting for the halving and what the price is going to be after the halving.
It could be possible that the price could drop back to $500 but I do not think that that is going to happen.
We are already in around $600+/btc and we have even reached the $700+ mark. Who knows, maybe it will go back to $500.. But with the current trend, it will not happen most likely... Bitcoin price will surely go up and if predictions were ac curate, it could reach the $1000/btc that everyone is wishing for.. Smiley

We are currently at $670, way past the 500 mark.   Chances are the price will swing from about 650-700 this week.   Very unlikely to drop to $500.

Yeah and even price falls after halving it will  not go that low as we may see higher price at halving so we can expect some higher price in coming days
Indeed it might rise at the halving but we have some time until it happen's and you should notice that volume keeps going down.
It may be a bad sign for bulls,but may be good too-people do hold their coins,so their expect price get bigger after halving.
I hope so too Smiley
I don't think we will see the price of $500 after the halving, even price falls it won't go below $600 now, but only time will show what is the exact picture.
i think that the price will not fall to 500 dolalrs because a lot of people are willing to buy right now in order to make big profit in short period of time though i think with bitcoin anything might happen

If people are buying now then we should see that effect on price but price is not moving higher in fact its getting lower, so I don't think people are buying at a moment.