Bitcoin Forum

Huobi leading the charge at $241

You look like max: https://www.youtube.com/watch?v=CXgSs65N7LM

Really, kinda looks like "the dude" to me

Coinmarketcap shows $234 now.
It has really been a slow grind downwards this week.

It's holding!

when is this sideways action going to stop lol supports good but growths better :P

Do you mean you're supporting bitcoin by holding or something else? If so, I agree. I plan to hold my coins for a few years but in the hope I can spend them once they reach their true value. By holding longterm you're essentially taking coins out of circulation so theoretically that should help keep demand up especially if you're accumulating more along the way.

no he mean there is a great support right now, at 230-245 and we won't fall much farther

That would be great if it doesn't as no one would be interested in a currency getting devaluated all the time.

lol no it's not, pay attention to the charts.
Support is already extremely low and getting noticeably lower by the hour.
This 'support' is both fake and not enough to hold back all the incoming dumps.
We will see sub 100 within weeks now.

It is holding!  Do not listen!  We are bitcoiners!

http://guycodeblog.mtv.com//wp-content/uploads/clutch/2013/09/lala.gif

Yep xD the price will hold here ... for a long time lol :D until the upswing

LOL "Lloyd, you can't triple bottom a double bottom. You can't triple bottom a double bottom!"

Maybe we go sideways for next 2 years god who knows, seems like this has been the longest sideways action now since the sideways movements of the mtgox era.

It's ok.., BTC might go under 200$ again, we'll just buy some more and see price go to 300$-400$ back. That's my investment plan at least :P
Too many industries are already built on top of BTC for it to just collapse like that. I still believe it has a bright future ;)

The time to buy is now.  Then sell at 300.  BTC is trading in a range right now.

We have about as much chance going sideways for the next 2 years as we have it rising tomorrow to $500, it is not happening. The manipulators are not just going to take a break for 2 years are they?

@Toke you are right with the range i don't think we are going below to 230 for long then back to 300 in the next couple of weeks nice little profit to be made there :)

I will buy but I'd hate to see what lies below $200 is a dark pit to me.

Buy at 175 and sell at 300+ Again?

I love it :)

to 400

What will you do if the price dives to the $100 range, just keep hodling ?

Keep buying of course!

No i gonna buy heavy.
cats have 7 lifes or so they say

I think it was 8.

Well, I thought it was going down for sure after the drop on Friday but it looks to me that currently it is holding on strong to its position where it was at between 235 and 237 for the past 12 hours. Let's see if it still can maintain this way until Monday.

What ever happened to btc being stable between 220-300...lmao!

Bro you suck at this, just give up already!

For everyone else.. We'll see sub $200 in days if not a few weeks.

Just hold tight!

well it is stable, last time i checked 230-245 is in the range of 220-230, so no i was right, and like i said to you in that post, stable does not mean stuck at one value forever...

and i'm still holding yes or investing

Holding now if the price goes double digits: Can take that.
Selling now and the price going 5 digits in 10 years: Guaranteed suicide.

Choose your poison buddies.

I'd rather see it set foot on double digits than to sell it on a loss. I haven't invested that much money in bitcoins, but still I have a pretty good balance which I think will save me from this sick life in case bitcoin hits a new high. But I do not rely my life in hodling bitcoins only, and if ever I did, that would be a stupid mistake because in these kind of world, the risks are always high, and the market may change within a wink of an eye.

only applies to weak hands tho :P Its one of the perks of being in the Bitcoin community lol

meh it wouldnt be such a big loss if you own only 1 or 2 bitcoins and the price goes to 5 digits

Stop delusions and get back to real life or you will ruin your financial

don't be so optimistic :)

Damn pessimist and hater >:(

Bro you called it being stable from $220-$300.. Just that statement alone that you made on the other thread proves that you dont know what stable is.. 30% swings in 4 weeks is not stable...
You also said it was stable between $250-$300... Now $300 is a pipe dream and $250 seems like it wont be coming back any time soon! Even $240 feels miles away.

Just please stop spreading false info here. Some users may see you proclaiming btc stable between $220-$300 and that's just not the case. No one with half a financial brain would consider 30% swings in 4 weeks stable. Its considered just the opposite my friend.. Its volatile!

 

Forgive him, he is just a perma-bull trying to dump his bags by cheating newbies that the current situation is fine and stable

9

240 is miles ahead...??? we are at 238.3, it seems that you are trying too hard to troll

as i said small swing are ALWAYS expected no matter what the price can't be stuck at one value forever, this is the nature of an asset

this mean that you must give a range of stability, and mine was 230-300, and we are still in this range

there is no false info on my statement, you are talking shit

Holding? You can't tell me what to do - I'm spending.

Yeah, we're pretty much on paper-thin ice these days, I agree. But we're yet to cross the $200 line, in order for that super-bearish prediction to come true. Oh, wait - that one only lasted till last Friday :)

yeah we need all to hold they bitcoin or maybe buy again for help bitcoin price up

200 will resist, and if it doesn't who cares, anyone with half a brain knows the bitcoin protocol is solid as hell and time will give long term holders the reason,.

The real support is to use bitcoin as method of payment (for buy stuff online and to the numerous merchant) and not as speculation.
Read the whitePaper : https://bitcoin.org/bitcoin.pdf    || A Peer-to-Peer Electronic Cash System

Technology purists won't care, but those who "invested" thinking it had much more value surely will. The protocol is working better than ever but value of coins is decreasing. I sometimes think this has something to do with all the altcoins like maybe they are diluting (or inflating) the "limited supply" of bitcoins.

Support is NOT holding at 235, now it's down to 220!!!

it's the usual umpteenth "trap dump" waiting for panic sellers to sell their bag, and then they cry and buy at higher price

support is still there, until the 200 wall is not broken

so now the support lower to $200? what next? $100 $10 $1?

150$ and then up again, I don't think it will be allowed to fall much lower... Sometimes it is healthy to scare those mining farms a bit :) Not really sure about healthy, but fun for sure ;)

the support was always on 200 at least the strong one

fresh new account, i wonder who are you, i think i have a good guess about this

OP said the Support is holding at April 11, 2015, 03:09:54 AM
Bitcoin price: $238

See?  I told you it will hold.  :D

not hold, but buy buy buy!
once it has taken off, the opportunity would never come back.

i'm sure a lot people have already bought in and are waiting for the price to go up. market is currently waiting for the price to move. my guess is it will test $220 again.

We went up 40 dollars in the last couple of days on average. We are going up, I think the trend has reverse and we didn't even realize. The next weeks will be decisive.

healthy , they need reboots and refreshings from time to time

The trend reversal will only be confirmed when we break out off the long-term downtrend. We have to at least break through $300 in my bed would be that we need to achieve $330 in order for 90% of the bears to turn bullish again. If that happens though, we may see some intense price movements.

It seems like we could be forming another strong support at $235. If this works out like in the beginning of March we could see another rise or two over the weekend. But since this is a Friday I'm also quite nervous, we've seen the price goes down quite sometimes on this day.

Come on buddy :(
Wealth is not everything in this life.
You should appriciate your good health and that you still have the ability to operate a
computer. Suicide over a bitcoin exhange rate is just madness.
Get a little outside and enjoy the sun.
Wish you the best :)

not enough apparently, otherwise the price would rise by now, there are still more sellers than buyers, the latter are afraid of dumping, the first are impatient dumpers

Right now this seems to be a remarkable support at $229. I'm not saying that we can't break down from here, but it's good to see that we don't cave in at the slightest attempts to go lower. The bears at least will have to put up some more pressure to bring this thing down.

 :o :o :o Sorry what was that sound? Did you just eat your words?

That was 2 days ago. 2 days is a long time in Bitcoin's price history.  :)

I drew some lines on my chart last night, and I still feel pretty good that support is holding. We barely broke below $215 which has been holding for a while, next stop after that is ~$190. I did make a decent size purchase on Monday so it sucks to watch the price fall, but I'm in it for the long haul gathering all the low hanging fruit while I can.

215 is the new support.  IT WILL HOLD!

Yeah, $215 was the base price for the "surprise breakout" back in February, when the price suddenly decided to go up without any apparent reason. This is the last support line until high/medium $1xxs, which actually is really scare, if you ask me. I'm surprised though, that the bears aren't getting this over with even faster!

Yes!  Surprise breakout coming.  Time to buy...

Currently watching and will consider whether you go on ignore, permanently. You're running a fine line as of your latest posts. That's right I said it.

Could be a bear trap!

I've just read this whole thread and not seen where support is supposed to be. Although there are some animated gifs so 'everything is awesome'

You sir are setting the example lol.

Id be doing this all day if I could, but obviously those prices are never constant. The only thing at the moment for most should be whats it worth now, not like 4 years later from now lol.

I aint no fortune tellers so why predict something it`ll go up right. Always be making bigger profits.

Hmmmm.... Some of us bulls aren't exactly numbers people. That could be a worry.

No offense meant, but I think tokeweed would have to agree that you'll just have to:

http://media.giphy.com/media/iCHpJgVsw56uc/giphy.gif

I definitely  think a lot of newcomers think that putting their money into the "next big thing" altcoin is going to give them the same ride early BTC adopters had. But when we look at market cap it doesn't seem to be massive amounts of money going that way. More financially savvy investors/speculators are probably in BTC already or waiting for the end of the bear market to be confirmed.

There will be no "confirmation" for an ending bearmarket for a long time. Instead the sword of Damocles will be omnipresent. At these market stages (no mass-adoption) pseudo-"stability" can be wittnessed.

bear market will always exist. even when the price is $2000. you will see bears yelling.'bitcoin soon $1000, sell while you still can' this will never change.

If there's no confirmation, the bear market has ended as per definition. If we should "slide out" of the bear market - fine, than that's the way we get out of it. But that's not very probable, actually. If there's a definite sign that we've left the downtrend, the price will go up again. At least to some degree, that's for sure!

Well, yeah... There will be people screaming those things, sure. But the general sentiment will have changed and the influence of the bears will be significantly smaller! Of course then we'll have to deal with completely out-of-control bulls that scream "new paradigm!" and won't see the crest of the wave when it's there.

The nice thing about out-of-control bulls is they are here for a few months, and then hibernate.  The bears have been out for a while now.

Bears will never stop now. And I intentionally did not put ''the''. That's the way it is while there is fiat dominance and insta sell for bills/dump_for_fiat_after_sale. The only way for the price to go up is to overwhelm by mass adoption attracting new enthusiasts.

The bad thing about out-of-control bulls is, though: They spend all their FIAT to buy BTC (preferrably on leverage) and never close their longs. At some point there's no money entering the market again and the bears get a pretty green light.