Post
Topic
Board Speculation
Re: a few monfs wait time before the price incrase
by
Herbert2020
on 10/07/2016, 10:40:37 UTC
a few monfs is needed to exhaust the previous 25btc outputs when that is exhasuted to 12.5 btc outputs over time demand will increase and the price will be forced to rise from the ash lets learn the lessons from 2013 it only a matta of time

I've seen some Dutch guy on the Dutch forum part that uses professional technial analysis predicting that the price will touch 9000$ in the start od september. Sounds very nice but we will see will it happen.

i am sorry to say this but that analysis was bullshit because in bitcoin it is impossible to reach $9000 within a month and a half. even if price starts rising right now and it goes up fast it can't grow $8350 in this short time, people will dump a lot in the process which will slow it down to a couple of years and that is only if it is possible.