Bitcoin Forum

Economy => Speculation => Topic started by: spazzdla on July 30, 2015, 08:05:34 PM



Title: Back to 220-240?
Post by: spazzdla on July 30, 2015, 08:05:34 PM
Appears we might be headed back to the 220-240 range again.


Title: Re: Back to 220-240?
Post by: Fakhoury on July 30, 2015, 08:15:20 PM
What is the reason for this ?


Title: Re: Back to 220-240?
Post by: spazzdla on July 30, 2015, 08:16:02 PM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).


Title: Re: Back to 220-240?
Post by: Fakhoury on July 30, 2015, 08:17:46 PM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!


Title: Re: Back to 220-240?
Post by: spazzdla on July 30, 2015, 08:19:57 PM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!

Sorry didn't mean to come off as a douche.  Lots of new oppressive laws coming into play in Harper land aka Canada.. has me moody lol.

I really like your signature by the by.  

Mainly.. although this is super silly.. the tea cup pattern completely fell apart lol.

I think perhaps the 220-240 range as the BTC price was there for months.


Title: Re: Back to 220-240?
Post by: Amph on July 30, 2015, 08:21:07 PM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!

maybe because we can't break 300, and like the last time the price tanked afterward, but the last time, we didn't secured the 250 first, like this time, and we went straight to 300

this time is different, there is no more sub 250 or 275 for that matter


Title: Re: Back to 220-240?
Post by: ask on July 30, 2015, 08:28:50 PM
We will go under 200


Title: Re: Back to 220-240?
Post by: Acererak on July 30, 2015, 08:41:49 PM
Going under 200 would be a magnificent buying opportunity.

If you buy derivative long options at an exchange like BitMEX for price increases above $300, and you hold your physical bitcoin purchase dollars to wait on a price dip to $250 or below, then you are pretty well covered either way, and increasing your equity in the BTC enterprise.

Volatility can be profitable. Volatility is like air turbulence, you get through it by letting yourself believe that it will end well for you.


Title: Re: Back to 220-240?
Post by: Fakhoury on July 30, 2015, 08:46:38 PM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!

maybe because we can't break 300, and like the last time the price tanked afterward, but the last time, we didn't secured the 250 first, like this time, and we went straight to 300

this time is different, there is no more sub 250 or 275 for that matter
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!

Sorry didn't mean to come off as a douche.  Lots of new oppressive laws coming into play in Harper land aka Canada.. has me moody lol.

I really like your signature by the by.  

Mainly.. although this is super silly.. the tea cup pattern completely fell apart lol.

I think perhaps the 220-240 range as the BTC price was there for months.

I'm not longer a bull, doom is coming and sub 200 is waiting for us.


Title: Re: Back to 220-240?
Post by: phoenix1 on July 30, 2015, 10:47:06 PM
I'm not longer a bull, doom is coming and sub 200 is waiting for us.

No doom, just boring times ahead for several months (unless you playing with big leverage). Step back and enjoy something else for a while ...
My prediction (sorry - "guess") ... we dont break $200 or $400 this year, and daytrading in this low volume, low volatility market will be unprofitable for all but a very small minority of very experienced traders glued to their screens, trading with high leverage, and a few lucky minnows too...
Have fun! :D

Feel free to quote this anytime .. I'm just throwing it out there ... no attachment to being right or wrong on this.


Title: Re: Back to 220-240?
Post by: Mickeyb on July 31, 2015, 03:19:35 PM
I'm not longer a bull, doom is coming and sub 200 is waiting for us.

No doom, just boring times ahead for several months (unless you playing with big leverage). Step back and enjoy something else for a while ...
My prediction (sorry - "guess") ... we dont break $200 or $400 this year, and daytrading in this low volume, low volatility market will be unprofitable for all but a very small minority of very experienced traders glued to their screens, trading with high leverage, and a few lucky minnows too...
Have fun! :D

Feel free to quote this anytime .. I'm just throwing it out there ... no attachment to being right or wrong on this.

Honestly if it happens like this, it wouldn't be too bad for Bitcoin. Some stability and less manipulation is exactly what we need. Now, I feel sorry for the day traders if this happens, but in my opinion, day trading hurts bitcoin more than it helps it.


Title: Re: Back to 220-240?
Post by: randy8777 on July 31, 2015, 03:55:37 PM
that's a bit too low. i think at the lowest we might touch very low $270 but definitely not below that. at this point the direction is uncertain for most people.


Title: Re: Back to 220-240?
Post by: jeannemadrigal2 on July 31, 2015, 04:13:58 PM
I don't think so.  I think we go up from here, but I would be really glad to be wrong so I can buy some more cheap coins.  I see the trading range 280-295 or so, until upper resistance is broken at some point later this year.  Then it is up and away.

Of course I am a noob so don't buy on my advice.  But I don't really see why it should go down from here.


Title: Re: Back to 220-240?
Post by: hodlmybtc on July 31, 2015, 05:07:16 PM
Drop a couple $ and immediately insane bear talk, wtf we're in an uptrend and these price levels are still bullish. You guys are having the battered bull syndrome because of the long bear market.

Long 283, I found this 4H 125 EMA (~21 D EMA) , it has been very strong and accurate support this rally, also we're sitting on the .618 retracement from the rise from 272-298.

Hidden bull divs on multiple oscillators (just 3 on chart to not ruin it), normal bull div on UO showing momentum to the upside.

Also RSI and godmode levels are around the lowest levels they've been so far this uptrend.

I hope I can keep this long open for a long time, but I will take profit on the way up at resistance levels and try to get in back lower, resistance levels 290, 294, 300, 305, 315, stop loss for this trade 279.

If 279 breaks on good volume we will probably see 275-272 which would also be a good long opportunity, also a short from 279 to 275-272 is probably good.

https://www.tradingview.com/x/FSrTOA5B/


Title: Re: Back to 220-240?
Post by: srgkrgkj on July 31, 2015, 05:09:45 PM
hmm OP think positive I think that the lowest we could go is $250 even with laws and regulation but we always manage to bounce back as after all bitcoin is completely speculative


Title: Re: Back to 220-240?
Post by: g1974ak on July 31, 2015, 05:23:57 PM
Appears we might be headed back to the 220-240 range again.


I think not. I think it will go high or at least will be stabilized in about 300. It was hard to go there why must be down now? We must pray and bitcoin will hear our prayers....


Title: Re: Back to 220-240?
Post by: NorrisK on July 31, 2015, 05:29:16 PM
A week of prices being a bit lower does not implicate a new down trend.. We are just in a correction from overshooting 300 too early.. Just wait another week or two and it will become exciting again.


Title: Re: Back to 220-240?
Post by: Amph on July 31, 2015, 07:22:23 PM
Appears we might be headed back to the 220-240 range again.


I think not. I think it will go high or at least will be stabilized in about 300. It was hard to go there why must be down now? We must pray and bitcoin will hear our prayers....

people cannot accept that this is the same exact situation that there was with 220-240 range, little swing here and there on random day, but in the end the price is rock solid

there is no sign of abating, it's crystalline that we are establishing  this floor for quite some time like we did with the past ones


Title: Re: Back to 220-240?
Post by: kwukduck on July 31, 2015, 11:01:32 PM
A week of prices being a bit lower does not implicate a new down trend.. We are just in a correction from overshooting 300 too early.. Just wait another week or two and it will become exciting again.


I doubt it. The hype didn't last long this time and the downward pressure is ginormous. We could even be looking at new lows for this year.


Title: Re: Back to 220-240?
Post by: BillyBobZorton on July 31, 2015, 11:58:39 PM
We are still holding on the 280 ish territory. Im not worried about downtrends and welcome them. Every day with a price under 1000 is a happy day of cheap as hell Bitcoins. The insane potential for this once-in-every-1000-years technology is beyond imagination, therefore, everyday that Bitcoin is acquired at low prices is something worth celebrating for.


Title: Re: Back to 220-240?
Post by: inca on August 01, 2015, 01:07:44 AM
We are still holding on the 280 ish territory. Im not worried about downtrends and welcome them. Every day with a price under 1000 is a happy day of cheap as hell Bitcoins. The insane potential for this once-in-every-1000-years technology is beyond imagination, therefore, everyday that Bitcoin is acquired at low prices is something worth celebrating for.

Yes. After being around bitcoin for a while, especially some of the toxic individuals on here, if is possible to forget the wonder of bitcoin and it's amazing potential.


Title: Re: Back to 220-240?
Post by: spiderbrain on August 01, 2015, 01:24:15 AM
We will go under 200
Your predictions are always so accurate! I'm guessing you sold and want to buy in cheaper, then?


Title: Re: Back to 220-240?
Post by: lexuz on August 01, 2015, 02:58:35 AM
What is the reason for this ?

Why do I require a reason?  This isn't harper land I shall ask as I please :).

Hold down your horses and relax.

My question is simple, why do you think we are heading to that region ? Why not going up for example ?

Have something good to say, let it out, not, save it to yourself !!

maybe because we can't break 300, and like the last time the price tanked afterward, but the last time, we didn't secured the 250 first, like this time, and we went straight to 300

this time is different, there is no more sub 250 or 275 for that matter
Bitcoin have try to break $300 again but can't break and price bitcoin strong i have see some player try to dumb a price but look like bitcoin price don't want broken


Title: Re: Back to 220-240?
Post by: LordAkira on August 01, 2015, 03:42:51 AM
We will go under 200

Mind putting a date on that? Or am I going to have to wait quite a while when all I have to do to ridicule you is point out the fact that you made that prediction. Who was your FUD troll friend that predicted double-digit bitcoin? Does he use his main account here often?


Title: Re: Back to 220-240?
Post by: ask on August 01, 2015, 03:53:22 AM
We will go under 200

Mind putting a date on that? Or am I going to have to wait quite a while when all I have to do to ridicule you is point out the fact that you made that prediction. Who was your FUD troll friend that predicted double-digit bitcoin? Does he use his main account here often?

It was a joke. The purpose was to stop trolls and to show them that I could easy be the biggest among them.

Personally I think that 250 USD is solid bottom.


Title: Re: Back to 220-240?
Post by: LordAkira on August 01, 2015, 04:21:58 AM

Personally I think that 250 USD is solid bottom.

Good! I tolerate no FUD trolls here! Heh, anyways, I just like pointing out the disappearance of one of our most prominent FUD trolls. The halving is coming, the market is no longer going down since February. At worst, we've been flat market for most of the year. At best, the reversal has already happened. Let's see if the weekend is a pump or a dump, eh?


Title: Re: Back to 220-240?
Post by: Cconvert2G36 on August 01, 2015, 04:38:46 AM
Tetsuo!!


Title: Re: Back to 220-240?
Post by: kwukduck on August 01, 2015, 08:36:10 AM
This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.


Title: Re: Back to 220-240?
Post by: inca on August 01, 2015, 09:14:36 AM
This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

I'll just leave this here..

Seems the bagholders can no longer counter the immense selling pressure...
Prepare for a fight to stay above 200 the next two days.

Us bagholders seemed to counter that immense selling pressure as the price promptly moved up 100 dollars.


Title: Re: Back to 220-240?
Post by: indiemax on August 01, 2015, 09:49:46 AM
Going under 200 would be a magnificent buying opportunity.

If you buy derivative long options at an exchange like BitMEX for price increases above $300, and you hold your physical bitcoin purchase dollars to wait on a price dip to $250 or below, then you are pretty well covered either way, and increasing your equity in the BTC enterprise.

Volatility can be profitable. Volatility is like air turbulence, you get through it by letting yourself believe that it will end well for you.

Ah,I get it,gambling ;D


Title: Re: Back to 220-240?
Post by: Amph on August 01, 2015, 11:53:44 AM
This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

285 on preev, and 250-275 was called solid not above it, so all your no-sense are only embarrassing to read

your prevision has been proven always wrong, did you ever predicted something correctly regarding bitcoin price?

no wonder you sold at 10...


Title: Re: Back to 220-240?
Post by: ask on August 01, 2015, 12:00:18 PM
bitcoin is doomed


Title: Re: Back to 220-240?
Post by: Denker on August 01, 2015, 12:24:10 PM
No we won't go down that much. 250-260 although is quite possible. Should be a good reason to accumulate a bit more imo.
However if we really should see the 220s it won't last long. A quick bounce up is pretty sure. So OP no reason to worry. It's the Bitcoin ride. ;)


Title: Re: Back to 220-240?
Post by: Lauda on August 01, 2015, 12:28:48 PM
Well I'm actually hoping that you're a troll. I just do not understand people when the price seems some movement (it seems much worse when going down).
Every time the price goes down by $5+ people seem to start panicking a little. It seems to me that only a few members have ever been involved in real trading, and thus remain peaceful.

285 on preev, and 250-275 was called solid not above it, so all your no-sense are only embarrassing to read

your prevision has been proven always wrong, did you ever predicted something correctly regarding bitcoin price?

no wonder you sold at 10...
I would advise you to ignore that guy. Anyhow, I've been pretty much satisfied. If we can hold above $250 that's fine with me and so should it be with everyone else.
I remember the first time that I cashed a single Bitcoin out on BTC-e for around $110. Worst mistake ever.


Title: Re: Back to 220-240?
Post by: Mickeyb on August 01, 2015, 02:35:35 PM
This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

We did come down quite low, I was surprised when I saw the price this morning. I hope this slide will be stopped. Hope this is just a correction and that we will get back soon enough.


Title: Re: Back to 220-240?
Post by: diodio1 on August 01, 2015, 02:42:05 PM
Drop a couple $ and immediately insane bear talk, wtf we're in an uptrend and these price levels are still bullish. You guys are having the battered bull syndrome because of the long bear market.

Long 283, I found this 4H 125 EMA (~21 D EMA) , it has been very strong and accurate support this rally, also we're sitting on the .618 retracement from the rise from 272-298.

Hidden bull divs on multiple oscillators (just 3 on chart to not ruin it), normal bull div on UO showing momentum to the upside.

Also RSI and godmode levels are around the lowest levels they've been so far this uptrend.

I hope I can keep this long open for a long time, but I will take profit on the way up at resistance levels and try to get in back lower, resistance levels 290, 294, 300, 305, 315, stop loss for this trade 279.

If 279 breaks on good volume we will probably see 275-272 which would also be a good long opportunity, also a short from 279 to 275-272 is probably good.

https://www.tradingview.com/x/FSrTOA5B/

no. current market shows a bearish i think. prepare to cut your lost sir


Title: Re: Back to 220-240?
Post by: klee on August 01, 2015, 04:29:51 PM
KAMI!!!!!


Title: Re: Back to 220-240?
Post by: BitcoinNewsMagazine on August 01, 2015, 04:40:37 PM
Watch the 200 day simple moving average on a daily chart. You bet traders do. Expect a bounce off the SMA as buy orders are hit if 270 support level is taken out. There is strong support at 270 though.

https://bitcoinnewsmagazine.com/wp-content/uploads/2015/08/screenshot-bitcoinwisdom-com-2015-08-01-12-35-50.png


Title: Re: Back to 220-240?
Post by: foxbitcoin on August 01, 2015, 08:19:14 PM
I think that the market is pretty balanced around 280 atm. We'll probably need another whale to step in for any significant change to happen.


Title: Re: Back to 220-240?
Post by: botany on August 02, 2015, 04:45:06 AM
I think that the market is pretty balanced around 280 atm. We'll probably need another whale to step in for any significant change to happen.

Yes.  We seem to be range bound between $275 and $300.
Some stability in this range would do BItcoin some good.


Title: Re: Back to 220-240?
Post by: Brewins on August 02, 2015, 04:50:35 AM
Just a panic sell because of the arrest of the Frap dude.

We will recover by midweek, and no 240 again in the near future


Title: Re: Back to 220-240?
Post by: BTCLovingDude on August 02, 2015, 05:44:57 AM
Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.


Title: Re: Back to 220-240?
Post by: Fiat_Hodler on August 02, 2015, 05:49:12 AM
Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.
Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...


Title: Re: Back to 220-240?
Post by: Mickeyb on August 02, 2015, 08:59:02 AM
Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.
Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

Haha, people who sold on this news are probably thinking that the CEO of Bitcoin got arrested, just like it happened few times before.


Title: Re: Back to 220-240?
Post by: zenitzz on August 02, 2015, 09:36:51 AM
here we start price will go to $220-$240 sell it now don't  wait!! before price down than will blow your mind. sell it now wont wait price drop baby


Title: Re: Back to 220-240?
Post by: randy8777 on August 02, 2015, 09:39:18 AM
Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.
Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.


Title: Re: Back to 220-240?
Post by: Shiver on August 02, 2015, 10:01:04 AM
If they get auctioned, I doubt they would end up on an exchange market any time soon.  The winning bidder would be buying for a reason and likely playing a long game, and wouldn't want to disturb the visible market for even a minute.

If seized, then they're potentially not going to see the market either, though that is less certain as I read it.

I think if someone is planning in the 3-5+ year frame, then anything less than the previous ATH (whether real or Gox induced), is probably not a bad place to be.


Title: Re: Back to 220-240?
Post by: NorrisK on August 02, 2015, 10:12:02 AM
Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.
Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.

I guess it is more likely that those coins have already been sold long before previous ATH, either by himself or in case they were hacked by the hacker. It will have minimal influence.