Post
Topic
Board Speculation
Re: bitcoin continuous rising?
by
freedomgo
on 06/08/2016, 11:35:06 UTC
yeah prices actually fell in today. but I think it does not make me doubt in bitcoin. it is a natural thing for bitcoin prices rise and fall, and perhaps now is the phase for the price down. but for you to know that it would be possible after the price drops and then pump prices. so be prepared


There could be a short term price dump. The bitcoin price could drop to $550. After that, the price will rise further.
yeah now bitcoin again rise up it price faster and maximum people invest their money in bitcoin and hold their bitcoin for more increase its price huge amount.

Well, we don't know the exact situation what will happen to bitcoin's price in future but we predict by looking on market what will happen in future, so i predict price will rise again but it takes a little bit time.

After the Bitfinex hack, the price will rise slower than expected. It will take some time to recover the price.

Slower growth is always better, but not everyone sees it like that as they prefer to see the price shoot up so they can make some quick bucks. I am looking for a sustainable growth instead of short lasting increases. But then again, an unexpected happening as an exchange being hacked which causes the price to go down real hard is something we can't foresee. We can just hope that it doesn't happen again.
That's really our goal to see a stable price in the future, if we see a consistent increase of the price of bitcoins, we are feeling happy with that because that implicates that new users are coming in which makes the price eventually increase.