Post
Topic
Board Speculation
Re: Price settling at $420.
by
coin_gambler
on 24/07/2016, 16:14:09 UTC
The price is settling around the $630 at the moment. I think the price will be here before the halving. It might rise after.

I think it is good for the price to trade within a certain range. That is to absorb some profit taking after recent big rise.

That is right. As long as there is no big bubble and the price of bitcoin rises year after year, it is fine.

The bitcoin block size is to be increased soon, that could improve the user experience and raise the price.
of course the price is going to be rised by that and in my opinion we will get a good chance to make some money if we will buy a lot of bitcoins right now

If you can buy 100 bitcoin now, you can retire happily with those 100 bitcoin in 20 years. That will be worth a lot.
thats true, the price is definitely going to go up pretty soon, in my opinion this will safely allow you to retire pretty soon and the price will not stop growing