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Title: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: waawd on March 29, 2015, 10:04:07 AM The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ?
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: randy8777 on March 29, 2015, 10:18:14 AM of course there is hope. markets are unsure currently. probably waiting for good news? we don't know.
$500 will not happen i think. bitcoin needs to get stable above $300 first. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 29, 2015, 10:26:29 AM Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? lol. http://guycodeblog.mtv.com//wp-content/uploads/clutch/2013/09/lala.gif Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Morecoin Freeman on March 29, 2015, 10:34:43 AM At this point $150 is way more likely than $500. Anyone saying otherwise is crazy. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: fonzie on March 29, 2015, 10:37:55 AM Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 29, 2015, 10:42:59 AM A multiheaded dragon... Cool. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: kwukduck on March 29, 2015, 01:19:14 PM Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: btc.to.moon on March 29, 2015, 01:43:22 PM I believe that 1 BTC will go back to 1000 one day. The only problem now is only the time it needed.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 29, 2015, 02:26:29 PM I believe that 1 BTC will go back to 1000 one day. The only problem now is only the time it needed. True. But it could go down first then stay down for a long time before going up. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: 1Referee on March 29, 2015, 02:44:51 PM For some reason once Bitcoin nears $300 level something happens or bad news shows up and it falls down to below ~$250 level again.
Is it coincidence, or is a group of traders heavily manipulating the price. But then again, why would they keep Bitcoin down as they had plenty of time to buy in already. Bitcoin is a free market. We decide the price of Bitcoin. That basically means we don't think Bitcoin is currently worth $300. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 29, 2015, 02:46:03 PM For some reason once Bitcoin nears $300 level something happens or bad news shows up and it falls down to below ~$250 level again. Is it coincidence, or is a group of traders heavily manipulating the price. But then again, why would they keep Bitcoin down as they had plenty of time to buy in already. Bitcoin is a free market. We decide the price of Bitcoin. That basically means we don't think Bitcoin is currently worth $300. lol. k Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: ajaxmoor on March 29, 2015, 03:20:57 PM As more and more bitcoin is mined and the supply increases . I expect the volatility to increase. And the price swings to a lower value more likely.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Amph on March 29, 2015, 03:34:20 PM For some reason once Bitcoin nears $300 level something happens or bad news shows up and it falls down to below ~$250 level again. Is it coincidence, or is a group of traders heavily manipulating the price. But then again, why would they keep Bitcoin down as they had plenty of time to buy in already. Bitcoin is a free market. We decide the price of Bitcoin. That basically means we don't think Bitcoin is currently worth $300. the problem is with the "we", right now are the whales that decide the price of bitcoin, they don't keep it down, they aim at fish that buy coins, then they dump hard, hence repeat, this is why you see those crash Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: erikalui on March 29, 2015, 03:52:04 PM I lost $2 because of the price fluctuation from $280-$245 because I owned about 0.06 BTC. It's currently on a decline and so it might reach $230-$220 soon not $500.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Morecoin Freeman on March 29, 2015, 04:27:07 PM Re: where next?
I think the beginning of next week might be interesting. I can see a dump to lower 200's / high 100's happening. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: fonzie on March 29, 2015, 04:39:55 PM Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future. +1 Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: BillyBobZorton on March 29, 2015, 04:42:43 PM Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, Bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future. Another old user that sold his coins in panic and is scared that Bitcoin turns out a success in the future,The only one laughing here will be the ones that hold, and you will be too much of a coward to deal with the humiliation of being proved wrong on every single FUD comment you made, just like every single FUDster ever will disappear after the price goes up again. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Morecoin Freeman on March 29, 2015, 04:47:43 PM But why hold? You can sell now and short bitcoin.
You will make money on the next big dump and then, if you still believe in bitcoins success, buy back in again at a lower price. You will end up with more money/coins than before. By just holding you are losing money... Not the best idea. The next long squeeze has yet to come. Lower prices are basically guaranteed to happen. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: okthen on March 29, 2015, 05:37:19 PM But why hold? You can sell now and short bitcoin. You will make money on the next big dump and then, if you still believe in bitcoins success, buy back in again at a lower price. You will end up with more money/coins than before. By just holding you are losing money... Not the best idea. The next long squeeze has yet to come. Lower prices are basically guaranteed to happen. What if you -don't- find the right spot to get back in? What if there is no next dump? That's what happened to many who sold around the 266 ATH in 2013, only to buy the coins back at... $400? $500? ::) Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: 1Referee on March 29, 2015, 05:47:18 PM For some reason once Bitcoin nears $300 level something happens or bad news shows up and it falls down to below ~$250 level again. Is it coincidence, or is a group of traders heavily manipulating the price. But then again, why would they keep Bitcoin down as they had plenty of time to buy in already. Bitcoin is a free market. We decide the price of Bitcoin. That basically means we don't think Bitcoin is currently worth $300. the problem is with the "we", right now are the whales that decide the price of bitcoin, they don't keep it down, they aim at fish that buy coins, then they dump hard, hence repeat, this is why you see those crash That's right and the answer to his question is: no, it's not coincidence! Yes, the price is manipulated by people, who hold thousands of coins and want to have more. If you wanted to liquidate at stable prices you wouldn't dump it all at once, right? If you see a flat line and then suddenly somebody dumps 2000 coins at once you should know what's going on ;) It's no secret that whales are manipulating the price. Most people know that by now. With we decide the price I meant that no matter how much whales manipulate the price, we in fact still decide whether we buy or sell. Even whales after some time will stop keeping the price high if there is no one buying. Because we think the price is too high to buy. Same with when they keep the price low, if no one is selling, why should they keep the price low. Because we think the price is too low to sell. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Morecoin Freeman on March 29, 2015, 06:14:20 PM Well the general consensus seems to be prices will go down.
But of course do as you please. A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight. Once the bear market is finished there will be plenty of time to buy back in. When will this bear market end? No one knows... Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: inca on March 29, 2015, 07:18:51 PM Well the general consensus seems to be prices will go down. But of course do as you please. A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight. Once the bear market is finished there will be plenty of time to buy back in. When will this bear market end? No one knows... Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's. Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term :) Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: okthen on March 29, 2015, 07:43:10 PM Well the general consensus seems to be prices will go down. But of course do as you please. A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight. Once the bear market is finished there will be plenty of time to buy back in. When will this bear market end? No one knows... Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's. Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term :) Logarithmic downtrend? Didn't even know that was a thing. What about the uptrend? If there's a up and a down, we'll never know which to follow ::) Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: roadbits on March 30, 2015, 06:30:08 AM it will go normal now for few days and then again one burst but not very soon
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 30, 2015, 06:35:56 AM Well the general consensus seems to be prices will go down. But of course do as you please. A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight. Once the bear market is finished there will be plenty of time to buy back in. When will this bear market end? No one knows... Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's. Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term :) Bullshit, bears see magical downtrends where there are none. If you look at a bigger picture you'll see that Bitcoin is in a long term uptrend. Those who are trying to make you believe that the prices will drop below $100 are projecting their hopes on you. Let's face it some people don't want Bitcoin to succeed, envy others who bought low and can't stand the fact that they will be never able to buy back at $80 and sell at $1000, like it was possible between August and November 2013. You missed your chance whiners ;) Nope... :( And FYI, that parabolic rise at the end of 2013 was caused by the Willybot manipulating the market. https://i.imgur.com/UxXKUzw.jpg Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Mieehayii on March 30, 2015, 06:40:57 AM wish it were true, $500 is a far-away dream for now.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Lauda on March 30, 2015, 07:09:54 AM I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters.
These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 30, 2015, 08:16:41 AM I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters. These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much. Maybe some of them bought at +500 last year. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Lauda on March 30, 2015, 08:23:55 AM I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters. These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much. Maybe some of them bought at +500 last year. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: GrandmaJean on March 30, 2015, 08:24:15 AM Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future. +1 Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 30, 2015, 08:49:40 AM Well the general consensus seems to be prices will go down. But of course do as you please. A lot of people seem to worry about missing out on a big pump. But the fun fact is bitcoin will not go to $1.000,- per coin overnight. Once the bear market is finished there will be plenty of time to buy back in. When will this bear market end? No one knows... Anyone can check the logarithmic downtrend line for themselves on bitcoinwisdom.com. It is currently around 330. In June it will be down to 260's. Let us know how using forum sentiment to arrive at a 'general consensus' works out for you over the longer term :) Bullshit, bears see magical downtrends where there are none. If you look at a bigger picture you'll see that Bitcoin is in a long term uptrend. Those who are trying to make you believe that the prices will drop below $100 are projecting their hopes on you. Let's face it some people don't want Bitcoin to succeed, envy others who bought low and can't stand the fact that they will be never able to buy back at $80 and sell at $1000, like it was possible between August and November 2013. You missed your chance whiners ;) Nope... :( And FYI, that parabolic rise at the end of 2013 was caused by the Willybot manipulating the market. https://i.imgur.com/UxXKUzw.jpg Nope? We shall see then. Really, all that rise caused by Willy? That's a good one. Just a small reminder: In November 2013, BTC China raised $5 million in Series A funding from investors Lightspeed China Partners and Lightspeed Venture Partners. On 18 December 2013, BTC China announced that it was temporarily suspending acceptance of Chinese yuan deposits, attributing the decision to government regulations, following a 5 December statement from the People's Bank of China (PBOC). Now look up these dates on a btc price chart and compare. ;) k Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Amph on March 30, 2015, 10:49:30 AM I've always wondered why people fear the price. There is nothing to fear. Bitcoin works regardless of it being valued at $5000 or $5 and that's what really matters. These times are the best to accumulate more. We're 1 year and 3 months away from our next halving. That should definitely help out, if the price matters to you that much. Maybe some of them bought at +500 last year. there were many newbie who bought at 500+ and even 1000+, those people now are afraid of buying again of course, and i'm not surprised if they told to their friends to not buy anymore until the price is 50 or something, this is another reason why bitcoin isn't rising those people are the majority, bitcoin need their support, otherwise the price will stuck at current value forever(unless some willy bot come into play) Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: tokeweed on March 30, 2015, 11:13:52 AM Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: MF Doom on March 30, 2015, 12:02:54 PM The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ? I think there is no doubt that there is hope for bitcoin, but short term looks like price is not yet rock solid. might be another 6 months before that Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: botany on March 30, 2015, 03:43:52 PM I'm sure it won't going to $500 Maybe around $230 to $250 in this week ::) $500 is still far away from now It is amazing that we are talking about prices doubling in a week. Not with Bitcoin, not with any other asset class. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Lauda on March 30, 2015, 04:03:10 PM there were many newbie who bought at 500+ and even 1000+, those people now are afraid of buying again of course, and i'm not surprised if they told to their friends to not buy anymore until the price is 50 or something, this is another reason why bitcoin isn't rising It's not a problem with being a newbie. The problem is that everyone around here seems to think that they are a professional trader if they buy into a few altcoins and Bitcoin. This is completely wrong and they get burned often. This is why we have drama from time to time.those people are the majority, bitcoin need their support, otherwise the price will stuck at current value forever(unless some willy bot come into play) Such people deserved it. Bitcoin was not intended to be bought and held. It's supposed to be a currency. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: bytezero on March 30, 2015, 11:31:23 PM If you are bullish on them long term you try to buy on the dips.
Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: Coinshot on March 31, 2015, 12:49:08 AM The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ? It is simple, if it can go to some 370 then the downturn is over and we will see rallies. On the other hand if it dips below 200, it can easily go to low 100s. The current sideways movement is not indicative of a rise. I think it is loaded more towards a downturn but lets wait and see. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: networthsigns on March 31, 2015, 12:56:15 AM The market has gone into the same cycle seen before the breif pump. Stagnation and decline is there hope still left in Bitcoin ? It is simple, if it can go to some 370 then the downturn is over and we will see rallies. On the other hand if it dips below 200, it can easily go to low 100s. The current sideways movement is not indicative of a rise. I think it is loaded more towards a downturn but lets wait and see. That is some theory you have there if it can go to 370 we see rallies do we, so not massive dumps? Oh and if we go below 200 it can "easily" go to low hundreds because it has done this before hasn't it? No last time we dipped below 200 we flashed to 166 for about 1 minute before going back up to 190-200 pretty much instantly. So yeh lets wait and see would be the best advice lol. OP we won't be going back to 500 anytime soon there is far to much selling pressure from both noobs and whales. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: mrhelpful on March 31, 2015, 02:20:16 AM If theres too much supply of bitcoin available the price is going to drop, due to demand being less and less.
Yeah, it can go up a few $50 but itll retract to its natural state of supply and demand. You can argue with price all you want, but the fundamentals wont change. Unless something drastic happens, which I dont see happening of a huge new number of users coming out of nowhere to buy it. Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: johnyj on March 31, 2015, 04:38:16 AM If theres too much supply of bitcoin available the price is going to drop, due to demand being less and less. Yeah, it can go up a few $50 but itll retract to its natural state of supply and demand. You can argue with price all you want, but the fundamentals wont change. Unless something drastic happens, which I dont see happening of a huge new number of users coming out of nowhere to buy it. The demand is rising about 4x year over year, I can feel it on localbitcoins, which is the most accurate measure of the true volume (You never know how much bots are trading on those large exchanges) And supply is drying up quickly after many people can't even mine the coin to cover electricity cost, they shut down the rigs and start to buy coins. Now new coins are concentrated to those large mining farms with high efficiency rigs and low electricity cost, they have dominated the production and limit the coin supply on market like OPEC Title: Re: Bitcoin prices fall $250 --> $240 where next ? $500 ? Post by: MF Doom on April 01, 2015, 05:02:28 PM If theres too much supply of bitcoin available the price is going to drop, due to demand being less and less. Yeah, it can go up a few $50 but itll retract to its natural state of supply and demand. You can argue with price all you want, but the fundamentals wont change. Unless something drastic happens, which I dont see happening of a huge new number of users coming out of nowhere to buy it. The demand is rising about 4x year over year, I can feel it on localbitcoins, which is the most accurate measure of the true volume (You never know how much bots are trading on those large exchanges) And supply is drying up quickly after many people can't even mine the coin to cover electricity cost, they shut down the rigs and start to buy coins. Now new coins are concentrated to those large mining farms with high efficiency rigs and low electricity cost, they have dominated the production and limit the coin supply on market like OPEC Is it possible there is just less supply AND demand? Honestly with price still looking weak as ever, I think both supply and demand are dwindling. Yes there are some aquiring large amounts of btc, but mostly small holders are becoming less and less as they get scammed, cash out, lose interest, etc |
