Bitcoin Forum

Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.

There is really no way to predict when the price of Bitcoin is going to rise or fall.
This is just your own projection on what is going to happen.
I believe that after January, the price of Bitcoin will reach $500. I doubt the price will fall below $400 now.
It is stable at $400.

There is good support at 400, price may drop further but I also expect price to stay above 400


 

how do you know that? i am fairly sure that the price will not go below $400 anymore the comming weeks. i even think we will see the price peak at $440 this week.

You can drop a penny to predict that. I step out of trading in the end of the year. Price is not predictable now. January will tell as where to go.

You step out trading now, but are you holding fiat or bitcoin? Choosing either of the two basically means you made a trading decision for the rest of the year.

I don't think we'll drop below 400 any time soon if at all. The support is quite good there and people have gotten used to these prices again and are not scared to buy.

i see no more droping anymore from 470, just mere swings here and there, i see no reason for us to be under sub 400 anymore, 500 is facing the same resistance as 300 wall, so it need soem time to break that

OP is talking crap.
It's not predictable, although he might think so.
It could also be the opposite and rises back to 440-450.
He is just doing so bla bla for whatever reason. Useless thread!

I think we are going down as well.... chart just isn't very convincing to me that we have upward momentum.....

but i am long regardless. looking for right time to buy more.

Completely agree and I think there's even a chance that we may see $500 briefly before the end of the year. It would go back to around $450 soon after that but that's a hunch I have. After all that's all we could say about it, the market doesn't make much sense even for experienced traders and analysts.

Once you have bought the right amount of coins that you are happy with, then it doesn't matter much if the price goes down 10% if you hold for the long term. It doesn't bother me that much. I just look at the long term.

The bears on here need to look up the term 'bull market' and then go have a nice read about the bitcoin 'halving'.

 ;D

Couldn't have said it better,  although I doubt it will only be 10%. Once $400 is broken the road back all the way to $320 is wide open, no resistance.
And with the upcoming devastation of the hard fork that is even optimistic!

I've been lurking here for a while now.  Very interesting conversations!   ;D

It appears to me that people begin buying more coins as the price slowly drops towards $400 which prevents the price from actually dropping below $400 a coin.  The trend seems similar to the stock market right now.  (That's my noob opinion.)  I have to admit I have more faith in making substantial gains in bitcoin than I do with the shares I own in the stock market.   

I did pick up a few coins the last few days.  I have to admit that the $420 range is a bit easier to take than $460+ a coin.     

It's going to be funny when this doesn't happen.  Will you share how much money you lost by shorting?

Nah... Up we go from here. I call bull.

What kind of time frame are you talking about here? 3 days, 4 days?  You could be right, you could be wrong. 

Lol, you think it's easy making money.  You just got lucky, sir, but more power to you.

I think the last few days of this year will be quite boring as the price won't move much. I do expect some serious action in January. That's when things will start to get interesting. No matter what happens, the price won't go sub $400.

It's amazing how most people don't notice the drops every few days. We used to be at 460 until a few days ago, now we are at 420. This pattern will continue into the next month. So many of you hope and believe bitcoin will rise continuously but you will be so disappointed when it continuously DROPS instead. Your greed will be your downfall.

It's amazing how most people don't notice the price rise every few months. We used to be at 220 a few months ago, now we are at 420. This pattern will continue in the next months. So many of you hope and believe bitcoin will drop continuously, but you will be so disappointed when it continuously RISES instead.

Fixed the content for you. You can always look at a specific time range to fit your message. Doesn't make it true.

As long as the bitcoin price stays above of $400 i can consider good.
Because what bitcoin needs is the stability which current it hasn't but ever time there will be ups and downs

I think we go sideways or down in the next few weeks or months for sure.


After some time I expect bitcoin to normalize again and then we'll be breaking through $500 later next year, maybe around April/May/June

for now stable range should be 420-440$ and after new year i will have to go little up maybe reach 500 or 480

Just you wait and see, we are going down to 380. Sure as Sun rises every morning, bitcoin will drop in price.

They say; when someone is talking trash about a trading item they usually are bad traders and lost money.

Just cut your losses now and close your short.

Yes, to not make a decision is to decide. There is no way to be neutral with bitcoin - even if you decide to leave it forever the news of a new high will still make you blow chunks.

It is considered still above $400 :P, yeah i have a feeling that it will be more than $400 for sure.
Even though it is an increase of 2% today it is great to see the chart increasing and seeing the green color :)

Although price is not very stable, it is staying above higher levels everytime. Using a strategy of buying and selling small amounts a bit higher, and then buying a higher amount when the price goes down seems good right now.

I got caught with some coins bought at 460, but compensated when the price went down, and surely will recover with benefits  ;D

all i'm seeing is a recover right now, the price is increasing again toward the 450 level, 400 is the new bottom already confirmed, maybe it was not true if you trade with euro or other currency....

@OP,
The reason that I assume why you are thinking about that so-called 10% coming might be because, it is what we have witnessed everytime that when price goes way above, people start talking bullshit about Bitcoins to get it to the levels they want it to be dumped...
But this won't happen, Bitcoins aren't just limited to talks, they are giants...

Do you really think that the price will go below 400$ ? I don't.

It was just a troll trying to make people believe and sell so that he buys their coins cheap...
Many users like this try to manipulate the markets by thinking that they will just say that BTC will dump, and people will start selling on the go...
Seriously???  :-\

Don't forget good support bitcoin have right now at 400 range. 400 seems to be stable buttom from november, so going below will take lots of coin to get dumped.

Nope, I don't believe people are dumb enough to believe that they can crash markets by creating a thread in bitcointalk.org
Seriously, I attribute more brains to these common trolls.

Have you made any money from your prediction? I think the bitcoin price is too volatile. It is difficult to make money.

as i have stated few days ago, you can see price is now recovering that 10% dump. We have started this new year with positive trend.  :D

I'm also waiting a 320-350$ price to buy some coins, since I've sold at that range.(at a 30% profit, so no problem with that)

But it is obvious to me that in some months we wil see huge prices compared to today's $430 a btc. I think it can be an x5-x10 increase in the price, then will fall to <$1000.

I doubt bitcoin will drop to $380. Seems very unlikely to me since bitcoin has been at around $400 for a week or 2 now.
I was hoping to end 2015 on a $500 note, but $400 is not too bad. Comparing to as what happened in 2015 with bitcoin, all I can see is progress and even more potential to grow in the near future.

When you start to think trading is easy that's when you get burned.  OP will likely lose most his money when he should of just held.

The OP has gone after trolling, so I guess the discussion ends here... ;)
It was just hoax and a good try to get the price down...

I think you overestimate the influence of this subsection of the forum on the price of Bitcoin overall. I really doubt guys in China behind the most recent speculative rises in October and December 2015 are wasting time reading speculation forum in here.

No this was a lame and embarrassing attempt of fooling the people here.
But over the years the members have learned to deal with that sh** and can ignore it and stay calm.
If somebody wants to manipulate and influence, he has to come around with something new.

That is how this price thing is played. Someone says one thing then it gets the movement going it that hear say reaches enough that they all sell or god forbid the whales  :o
I have seen this happen a few times already in the last few months.

I can see this becoming a trend. It sucks but what can you do if you have been holding for so long  ???
I just hope it can go beyond this phase soon. Just need to wait until the next big news headline about bitcoin.

I can see a scenario where it dips a little under $400, if only for a minute or two, where traders get scalped for their stop losses in that area before a recovery and resuming the climb.

I'm a HODLer rather than a trader, so won't be taking any action no matter what, and will just watch with interest.

Wow. So easy to make money? :o If I would have the luck to have read this post before my bought of bitcoins at 00:00 of this new year I wouldn't bought those. Will wait first the KABOOM. Then will wait the another 10% of drop. Then will ask to the OP the time of KABOOM and after even the time of the another 10% drop. Or I'm wrong...  ???  First must ask the time and then wait. Because if I do otherwise I may lose the time of KABOOM and the another drop of 10%. Anyhow for the moment is happening the MOOBAK because the price is about 430 us dollar one bitcoin. So first must be eliminated the MOOBAK then wait the KABOOM and at the end the drop of 10%. At that moment, and only at that moment, everyone must be buy bitcoin. With big profit. Piece of cake.  :D

If the price rises in the future, the 400 will become a new 200. I expect the price to be over $1200 after the halving.

People talked about over 1200 $ to be before 2016. For me that is way to optimistic. I would be satisfied if we reach 1000 $.
And as we see we are around 400 $ last months, definitely 400 is new 200, hope we will rise and maintain price, I'm not so interested in spikes and fast earning.

Hopefully we'll see a continuous rise from here till the halving. This is definitely the year for btc.

How did you determine that?

We're currently at 392, I was right and you ^^^^ were wrong. You seem to like my word choice KABOOM, I like your word MOOBAK, inspired by my word choice I'm sure. Yes, it was easy for me to profit from btc's ever lowering in price over the last 2-3 weeks since my original thread. It baffles my mind how so many people do not see this.

I'm happy that you liked my MOOBAk invention. Hope you will use it always. But not forget the right of the author. So some of the bitcoins earned by your having right in predicting the decrease of the price of bitcoin at the level of KABOOM, must go to me for my invention used by you. This is the first thing. The second one is that your KABOOM foreseen was 380 us dollar and not 392 us dollar. There are not few difference between these two amounts. ;) So to be correct your KABOOM of the first post is different from your KABOOM of this post. I know that for you maybe the two KABOOM's might be the same but cannot be so for the remaining everyone else. So in order that your pretend to have right must wait that happen the first KABOOM and not this last one. ;)