Bitcoin Forum

Don't jump! It's not that bad....yet.
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BTC is looking much stronger the last week.
IF it somehow goes back below $200, then what do you think will happen:

A) People will be convinced the trend is down and the market will fight to go much lower.
B) The bounce up will be very forceful and we will finally see $350, $450, $600 and higher.


No matter what happens, someday your life will see many sunny days.  :)

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The next 2 weeks are absolutely critical.

Your posts always make justice to your nickname, Bit_Happy :)

I don't sense too bad of a sentiment lately, though, do you? I feel uncertainty, and both bulls and bears kind of silent!

I hope one day I can go to that beach  8)

I'll drink to that.

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I'll go for b, seeing that we haven't seen it below $260 this week. It's getting stronger at $270 right now and maybe in the coming weeks, it will cross the $300 mark. All of these were purely my own speculation though, but I think the coming weeks may have something good to offer.

The one case that are somewhat worrisome for me now is the recent bitcoin auction. People are afraid that winners will be dumping huge amount of coins right away - which may cause a huge market instability and bitcoin collapse. I personally think that panic is not backed by any facts and dump won't happen. But people who are infected already with uncertainty my start dumping their coins in fear of big price drop.

we might not even see bitcoin under $200 ever again. and on the moment $300 is more reasonable than low $200 range. but if it goes sub $200 i think people will buy as many coins as possible.

I hate threads like this, I see the title, read the first few lines, open bitcoinity, see the price is the same as earlier today, then have to go on reading!
If you hold bitcoin and haven't dumped yet, why would you dump now??

The price seems to trending upwards, and even forgetting the price, the infrastructure improvements are coming thick and fast!

I agree, i know i would buy as much as i can. 300 will come soon enough, its needed to acumulate first lower tho, and then go into strive for more.
The volatility is just giving us more time to trade, and to increase our holding, so be grateful, there will be no more chances to buy under tripple digits, thats for sure,
so even if u invest, u can loose 25-30% , but what u can earn in a positive direction is unlimited. Educated risk, i would say.

cheers

this is not a dead cat bounce for sure, the trend is "going up now", 300 is the next target and then 400, just don't expect it to jump suddently on those targets

as i see current jump is by 40$ now the price is at 276 USD
and i think its stable between 225-280 USD
but its still too little

LOL  ;D i am always laughing when someone post this :-)

I will definitely buy if it dips below $200 level.

And if it goes even lower, then I'll keep buying till the bottom is reached.

It's not that hard actually, I did it in January, and will do it again with passion  :D

With bitcoin it is always critical.

IF it somehow goes back below $200, then what do you think will happen:
first of all i don't think it is going to go below $200, but if it does it will definitely jump up way fast and this time it is gonna go past $350 then slow down.

Either way it's still possible. I believe things will only get better after we have seen the worst and I just hope that the last drop when it goes to 160 level was the signal that finally we are seeing the bottom. Going back to 200 level will have a psychological effect which makes people think that the trend is not yet over.