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Title: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 08, 2015, 11:59:52 PM I'm saving up for it...
Title: Re: What is the next major support if $266 breaks? Post by: Blazin604 on January 09, 2015, 12:14:03 AM Fuckin relax. It's not going below 250.
Title: Re: What is the next major support if $266 breaks? Post by: Tzupy on January 09, 2015, 12:14:09 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).
Title: Re: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 09, 2015, 12:20:29 AM Fuckin relax. It's not going below 250. http://www.quickmeme.com/img/e6/e62b8eb7a764b31395ea449c4ee80d3fb485ee3ec25e08872366ff9724e3669e.jpg Title: Re: What is the next major support if $266 breaks? Post by: celebreze32 on January 09, 2015, 12:23:40 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? Title: Re: What is the next major support if $266 breaks? Post by: Pecunia non olet on January 09, 2015, 01:15:35 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? we will never rise again because we'll panic right through to 10$ a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately). Some alts will actually survive it. Title: Re: What is the next major support if $266 breaks? Post by: Morecoin Freeman on January 09, 2015, 01:19:22 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? we will never rise again because we'll panic right through to 10$ a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately). Some alts will actually survive it. Title: Re: What is the next major support if $266 breaks? Post by: Pecunia non olet on January 09, 2015, 01:21:25 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? we will never rise again because we'll panic right through to 10$ a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately). Some alts will actually survive it. well, there will be some crazy whales buying in on the way and try to stop it, so i think getting stuck on difficulty is less likely thanks to those contrarian traders who will likely ruin themselves in the process but will prevent an all too fast collapse. So if some whales keep buying maybe we don't crash through the 100$. One thing is certain: break 255$ means panic-button use logarythmic view. Title: Re: What is the next major support if $266 breaks? Post by: Bit_Happy on January 09, 2015, 01:23:46 AM The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally:
There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today. ps. If you don't believe this, then study your Bitcoin history. Title: Re: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 09, 2015, 01:24:15 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? we will never rise again because we'll panic right through to 10$ a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately). Some alts will actually survive it. Cool story bro. Tell us more ::) Title: Re: What is the next major support if $266 breaks? Post by: Pecunia non olet on January 09, 2015, 01:28:34 AM The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally: There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today. ps. If you don't believe this, then study your Bitcoin history. you're pulling this out of your ass obviously. Title: Re: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 09, 2015, 01:28:48 AM The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally: There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today. ps. If you don't believe this, then study your Bitcoin history. But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure? Title: Re: What is the next major support if $266 breaks? Post by: celebreze32 on January 09, 2015, 01:36:26 AM Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger). Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)? we will never rise again because we'll panic right through to 10$ a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately). Some alts will actually survive it. How do you know you are not looking at things through rose tinted glasses? Title: Re: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 09, 2015, 01:38:17 AM The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally: There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today. ps. If you don't believe this, then study your Bitcoin history. But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure? Someone honestly tell me what good any crypto would be with a 21 million dollar market cap?? Title: Re: What is the next major support if $266 breaks? Post by: Pecunia non olet on January 09, 2015, 01:40:35 AM How do you know you are not looking at things through rose tinted glasses? i don't, same as you Title: Re: What is the next major support if $266 breaks? Post by: Bejkn on January 09, 2015, 01:59:42 AM At least we need not worry it now
Title: Re: What is the next major support if $266 breaks? Post by: RyNinDaCleM on January 09, 2015, 02:27:36 AM The next major support is around $130, ok!?
That's not to say it will get there, but there was very little resistance after the $259 mark. Since we already broke that, it's not so major anymore. https://i.imgur.com/6IJQrx6.png /thread Title: Re: What is the next major support if $266 breaks? Post by: skeletonbit on January 09, 2015, 03:04:08 AM the price is back to 280$ and appears to be holding, really? No more panic than that?
Title: Re: What is the next major support if $266 breaks? Post by: deine mudder on January 09, 2015, 03:07:53 AM emergency plans on the table now. Everyone support 100$ - if it breaks just forget it.
Title: Re: What is the next major support if $266 breaks? Post by: BlindMayorBitcorn on January 09, 2015, 08:09:35 AM The next major support is around $130, ok!? That's not to say it will get there, but there was very little resistance after the $259 mark. Since we already broke that, it's not so major anymore. https://i.imgur.com/6IJQrx6.png /thread Yikes. I will support $130 then Title: Re: What is the next major support if $266 breaks? Post by: zetaray on January 09, 2015, 08:46:26 AM I support bitcoin, but it is hard to say where is the next support level. People has been saying $300 will hold, it broke through. Now they say $250 will hold. It is a tough call, but I remain optimistic and will say we we will be back at $300 if bitstamp resumes trading.
Title: Re: What is the next major support if $266 breaks? Post by: Elwar on January 09, 2015, 09:06:52 AM But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure? The only way it is proven a failure is if it is not accepted and not mined. No matter the price, I still get paid in bitcoins and can spend it for flights, hotels, Amazon purchases, I can trade for euros via localbitcoins to pay my rent and for food. I will not worry until those things start to go away. Title: Re: What is the next major support if $266 breaks? Post by: halinyo on January 10, 2015, 10:37:12 PM But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure? The only way it is proven a failure is if it is not accepted and not mined. No matter the price, I still get paid in bitcoins and can spend it for flights, hotels, Amazon purchases, I can trade for euros via localbitcoins to pay my rent and for food. I will not worry until those things start to go away. That is a great point. That is how BTC can be used without depending on FIAT ;) Therefore, who cares the fall in the USD rate, unless it is a huge drop? |
