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Title: Am I the only one expecting a drop? Post by: yugo23 on February 21, 2016, 10:58:03 PM Hey, I just oppened a short after seeing the litle rise on bitfinex.
Am I the only one expecting a small dump back to 420 before it starts to rise again? Title: Re: Am I the only one expecting a drop? Post by: traderbit on February 21, 2016, 11:00:16 PM Hey, I just oppened a short after seeing the litle rise on bitfinex. Bitcoin is known that it will rise and drop very often because it is bitcoin, but it has many chances to drop but will rise again probably to $500 within a month.Am I the only one expecting a small dump back to 420 before it starts to rise again? Title: Re: Am I the only one expecting a drop? Post by: 1Referee on February 21, 2016, 11:02:11 PM Hey, I just oppened a short after seeing the litle rise on bitfinex. Am I the only one expecting a small dump back to 420 before it starts to rise again? Didn't it already happen today? It dropped around $20 in a very short time frame. I think at this point people are already happy with the fact that the price is sitting above $400 for now. Title: Re: Am I the only one expecting a drop? Post by: The Sceptical Chymist on February 21, 2016, 11:07:42 PM I could give a shat what you do with your money, but be careful shorting bitcoin. Hell, be careful shorting anything. The downside is only limited by your imagination and if you can imagine yourself sitting on a street corner selling pencils with a tin cup in your hand, then that's just the start of what could really happen. Markets have murdered people who thought prices were too high and went short. And with bitcoin? Yeah, you'd be surprised how irrational the market can be.
Title: Re: Am I the only one expecting a drop? Post by: yugo23 on February 21, 2016, 11:11:58 PM I could give a shat what you do with your money, but be careful shorting bitcoin. Hell, be careful shorting anything. The downside is only limited by your imagination and if you can imagine yourself sitting on a street corner selling pencils with a tin cup in your hand, then that's just the start of what could really happen. Markets have murdered people who thought prices were too high and went short. And with bitcoin? Yeah, you'd be surprised how irrational the market can be. Whaou ok ^^ Anyway I don't trade huge amounts, was just curious about the sentiment of you guys that's all :) Title: Re: Am I the only one expecting a drop? Post by: talks_cheep on February 21, 2016, 11:49:18 PM ^^^^^^^^^^^^^^^^^
since you asked for my sentiment, here it is: "I need to go and take a dump. Right now!" Copyright and Trademarked. Title: Re: Am I the only one expecting a drop? Post by: emelac on February 22, 2016, 12:07:32 AM I could give a shat what you do with your money, but be careful shorting bitcoin. Hell, be careful shorting anything. The downside is only limited by your imagination and if you can imagine yourself sitting on a street corner selling pencils with a tin cup in your hand, then that's just the start of what could really happen. Markets have murdered people who thought prices were too high and went short. And with bitcoin? Yeah, you'd be surprised how irrational the market can be. Whaou ok ^^ Anyway I don't trade huge amounts, was just curious about the sentiment of you guys that's all :) I'm bullish, it already dropped today and it's best to buy low after a drop then sell high. It's more likely to go up than down after a drop. Shorting is very high risk and can cost you everything you bet. There are bots trading that will manipulate the market to get shorts margin called. Title: Re: Am I the only one expecting a drop? Post by: SFR10 on February 22, 2016, 12:14:31 AM Well at the moment it's at $439 and there were some drops yesterday that when from $446 it went to $430 but again it recovered and this has been on the normal scale as anything from $10 to $15 dollar upward/downward are the usual. I'm liking this new uprising that is happening lately, very positive, overall.
Title: Re: Am I the only one expecting a drop? Post by: 7Priest7 on February 25, 2016, 03:59:57 PM it's dropping a bit now, 4$ a day and so, but i wouldin't call it a huge drop, just pump and dump, and halving is soon that won't drop bitcoins price for sure, just rise it
Title: Re: Am I the only one expecting a drop? Post by: randy8777 on February 25, 2016, 04:18:01 PM the chances to see a price increase from current price level is more likely than seeing the price go down. i think the price will stay just above $400 for a month before advancing to price levels closer to $500.
Title: Re: Am I the only one expecting a drop? Post by: lexuz on February 25, 2016, 06:03:09 PM no now i expect price drop to below $400 just wait and before end of this month we will see price at range $380-$390.
Title: Re: Am I the only one expecting a drop? Post by: onlinedragon on February 25, 2016, 06:04:15 PM Most of time it never goes straight to the top there are some ups and downs. Few weeks earlier the same happened I only hope it will not raise to hard.
Title: Re: Am I the only one expecting a drop? Post by: yugo23 on February 26, 2016, 10:17:51 AM Hey, I wouldn't want to brag or anything but 10 days before I said a short was coming, and BIM! a 40$ drop in last few days ;D
Title: Re: Am I the only one expecting a drop? Post by: takingthis4 on February 26, 2016, 01:22:01 PM Dumping happens now, and if you mean a huge price dump, then i don't thing that it could happen, it will rise only pretty soon
Title: Re: Am I the only one expecting a drop? Post by: gregyoung14 on February 26, 2016, 01:39:16 PM Dumping happens now, and if you mean a huge price dump, then i don't thing that it could happen, it will rise only pretty soon Yep, i think this is the lowest it can ever get. Price speculations are all bearing for its value to grow up. |