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Title: $350 is the new barrier? Post by: dothebeats on October 31, 2015, 04:03:21 PM So we've been in a massive uptrend this previous weeks but it seems that the rocket ship has ran out of fuel for a while. China broke the $350 barrier which Western exchanges can't.
Do you think we have a chance to break it by November or nah? What are your predictions? Title: Re: $350 is the new barrier? Post by: jeffthebaker on October 31, 2015, 04:05:09 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still).
Title: Re: $350 is the new barrier? Post by: u9y42 on October 31, 2015, 04:17:02 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). I'm not as optimistic (though not really pessimistic either, and I will still keep on holding as much as I can, whenever I can): despite a number of good news, the uptrend seems to have lost most of its steam, so I expect the price to now start dropping a bit in the next few weeks (at least down to $280; possibly a little below), as speculators start to take hold again. After that, we'll perhaps be stuck between $280 and $320 for a couple of months, unless some surprising news hits. Title: Re: $350 is the new barrier? Post by: Omikifuse on October 31, 2015, 04:19:32 PM It is, until it is broken and left behind forever.
Like all other barriers from before Title: Re: $350 is the new barrier? Post by: dothebeats on October 31, 2015, 04:22:45 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well. Title: Re: $350 is the new barrier? Post by: jeffthebaker on October 31, 2015, 04:23:15 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). I'm not as optimistic (though not really pessimistic either, and I will still keep on holding as much as I can, whenever I can): despite a number of good news, the uptrend seems to have lost most of its steam, so I expect the price to now start dropping a bit in the next few weeks (at least down to $280; possibly a little below), as speculators start to take hold again. After that, we'll perhaps be stuck between $280 and $320 for a couple of months, unless some surprising news hits. I suppose that's possible, but $300 is a huge number psychologically. Over the past several months, we have seen the price hit $300 time and time again, only to drop in response to sell outs. This was the first time it surpassed $300, and has continued to surge. Although the surge appears to be over, I firmly believe $300 is going to become a new purchasing point for traders. Title: Re: $350 is the new barrier? Post by: PixelEater on October 31, 2015, 04:35:15 PM Could be possible, because the value of 1 BTC was around 350 for a while before dropping.
Now the value of Bitcoin is going back up to where it was. Title: Re: $350 is the new barrier? Post by: Denker on October 31, 2015, 04:37:24 PM So we've been in a massive uptrend this previous weeks but it seems that the rocket ship has ran out of fuel for a while. China broke the $350 barrier which Western exchanges can't. Do you think we have a chance to break it by November or nah? What are your predictions? First I wanna hold the $300. At the moment it looks good. Hope we stay strong at this weekend and can continue climbing a bit with refilled batteries next week. If this should be the case we might see $350 until the end of November. Title: Re: $350 is the new barrier? Post by: dothebeats on October 31, 2015, 05:00:05 PM So we've been in a massive uptrend this previous weeks but it seems that the rocket ship has ran out of fuel for a while. China broke the $350 barrier which Western exchanges can't. Do you think we have a chance to break it by November or nah? What are your predictions? First I wanna hold the $300. At the moment it looks good. Hope we stay strong at this weekend and can continue climbing a bit with refilled batteries next week. If this should be the case we might see $350 until the end of November. I am thinking of the same thing too. We might see another push in the price after this weekend. It seems that it has settled down for a while right now. I might take a small profit soon but I'm not calling this run quits just yet Title: Re: $350 is the new barrier? Post by: Mickeyb on October 31, 2015, 05:14:40 PM We have slowed down. It looks like we have lost our steam. This is maybe only temporary. We will see in the next few days. There will either be a second leg of the upward movement or we will drop down from here.
I don't think that $350 is a new barrier. $300 was a huge barrier in my opinion and we have run through this like a hit knife through the butter. Historically $350 is just a number. There was never so much important in all of the runs and dumps. Title: Re: $350 is the new barrier? Post by: mtnsaa on October 31, 2015, 05:21:00 PM It looks like it, right now things are a little slower than in the past few days so maybe if it can find support here we can go beyond $400 in the next bump.
Title: Re: $350 is the new barrier? Post by: dothebeats on October 31, 2015, 05:25:52 PM We have slowed down. It looks like we have lost our steam. This is maybe only temporary. We will see in the next few days. There will either be a second leg of the upward movement or we will drop down from here. I don't think that $350 is a new barrier. $300 was a huge barrier in my opinion and we have run through this like a hit knife through the butter. Historically $350 is just a number. There was never so much important in all of the runs and dumps. We'll see how it would play out in the coming week. If it really lost its fuel or just slowing down for a bit. Also, we'll see how many traders would take profits and call it quits for now. Title: Re: $350 is the new barrier? Post by: randy8777 on October 31, 2015, 07:10:50 PM $350 is a very difficult price level, but the $400 level is even more difficult as whale traders will try to not let it go over $400. they will place large sell walls to scare people off.
Title: Re: $350 is the new barrier? Post by: talks_cheep on October 31, 2015, 07:52:42 PM Current dip may be due to short term profit taking. China has not lost its appetite for bitcoins, yet. The Chinese commie gov't still exercising currency control and yuan devaluation. Their economy has been retreating, though there are signs of recovery.
Title: Re: $350 is the new barrier? Post by: bitcoin567 on October 31, 2015, 08:00:07 PM nah its not we can see that the price is falling already
Title: Re: $350 is the new barrier? Post by: amiryaqot on October 31, 2015, 08:32:08 PM First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that.
Title: Re: $350 is the new barrier? Post by: mtnsaa on October 31, 2015, 09:42:10 PM First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that. I agree, this is all very fresh still. Also the weekends are slow so a little drop in value was logical in my opinion. I think it will hit $350-360 levels this week easily. Title: Re: $350 is the new barrier? Post by: BitcoinRepublic on October 31, 2015, 10:06:17 PM First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that. If the price stays around $300 for several weeks, it will provide the basis for the next bull run, maybe a long bull run this time. Title: Re: $350 is the new barrier? Post by: NorrisK on October 31, 2015, 10:21:29 PM First we need more stable floor above $300 with this current rise of price i think $350-$400 will be in next wave that will come in next week as per some trading indicator showing some positive signals about that. I agree, this is all very fresh still. Also the weekends are slow so a little drop in value was logical in my opinion. I think it will hit $350-360 levels this week easily. I expected a bigger drop to be honest.. This 5% drop is hardly a correction at all. If it was 250-270 I would call it running out of steam, but still looks strong imo. One big spike on the drop can very well mean just one big whale cashing out. Title: Re: $350 is the new barrier? Post by: zimmah on October 31, 2015, 11:18:54 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well. $350 is probably a bigger barrier than $350, two Fibonacci retracements align there, so there's some significance to the $350 area. Title: Re: $350 is the new barrier? Post by: jeffthebaker on October 31, 2015, 11:20:46 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). Since we can't really tackle $350 right now, it's just about right to call it as a barrier for now. If we managed to get past it in a few weeks time (assuming that this rocket still has some fuel and the performance today is just due to being a weekend), I don't see why we won't manage to hit $400 as well. Yeah, I was thinking the same thing. If we get out of this weekend above $300 we could potentially keep climbing up. For whatever reason, weekends are typically bearish for Bitcoin, so it's not totally unexpected that prices are dropping today. Title: Re: $350 is the new barrier? Post by: isvicre on October 31, 2015, 11:21:13 PM I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300.
So I guess there will be swing between 250-350 in couple of months. Title: Re: $350 is the new barrier? Post by: jeffthebaker on October 31, 2015, 11:32:29 PM I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300. So I guess there will be swing between 250-350 in couple of months. Has the price dipped back below $300 yet? Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year. Title: Re: $350 is the new barrier? Post by: Nimbulan on November 01, 2015, 12:02:15 AM I guess yes $350 is new barrier to be passed by to feel safe. Price started to move back around and even under 300. So I guess there will be swing between 250-350 in couple of months. Has the price dipped back below $300 yet? Either way, I'd be shocked to see prices fall back down to $250 after defeating the resistance at $300 for the first time this year. Title: Re: $350 is the new barrier? Post by: Nahl on November 01, 2015, 03:39:29 AM yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week
but now the price down again and i felt bitcoin will back to $300 or less Title: Re: $350 is the new barrier? Post by: dothebeats on November 01, 2015, 03:52:25 AM yesterday the price rise up very quickly and could be reach to $330 and i thought we will went to $350 in this week but now the price down again and i felt bitcoin will back to $300 or less Uhh, there hadn't been any price increase yesterday afaik, only sell-offs and some shorters selling and others buying. No massive increase in price. Title: Re: $350 is the new barrier? Post by: quad588 on November 01, 2015, 05:08:46 AM i think bitcoin will hit $500 by end of year!!
Title: Re: $350 is the new barrier? Post by: 3Coins on November 01, 2015, 05:10:54 AM i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin
Title: Re: $350 is the new barrier? Post by: dothebeats on November 01, 2015, 06:25:29 AM i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us. Title: Re: $350 is the new barrier? Post by: Kevin77 on November 01, 2015, 06:38:52 AM Price rising has slowed down, but i think it's still possible to reach $350 in this month :) But, most likely bitcoin price will be stable around $320-$330 in this month. So, i think $350 is the new barrier. We just need 1 push to break this barrier, though. I do believe the price raise has been stopped temporally right now. But the round numbers are always big ressitance in most of the commodity trading. So we can expect some hurdle around $350. But I'm sure bitcoin prise will reach this mark within two weeks of time. Title: Re: $350 is the new barrier? Post by: 3Coins on November 01, 2015, 07:16:43 AM i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us. I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group ;D Title: Re: $350 is the new barrier? Post by: |Ocean| on November 01, 2015, 07:18:06 AM Btc is going down..
Will be there around 310 in next few days. Title: Re: $350 is the new barrier? Post by: dothebeats on November 01, 2015, 08:02:23 AM i'm OK with $320-$350 rather than $220-$250, but I heard something will happen by mid of November, I wonder what would that be? If it's good or bad for Bitcoin As fat as I can remember, it has something to do with the block size issue. I could be wrong, but it seems that November wouldn't bring much news for us. I do hope that you are right. I've read somewhere that there is this "secret" group that claims to know what will happen to BTC. I tried to search in FB group I ended up going to Nostradamus group ;D Nah the event is not so secret at all. They were pushing this conference ever since the XT vs Core issue sprung. I wonder, how would the market reacts if in case the discussion/debate ends into something finally, like increasing the block size limit? Title: Re: $350 is the new barrier? Post by: Amph on November 01, 2015, 08:27:48 AM i think bitcoin will hit $500 by end of year!! i hope we are not going to increase so slowly within a time frame so long, yeah steady grow and all, but for now i prefer a good old bubble that increase the price drammatically and then a steady grow because right now btc is massively undervalued Title: Re: $350 is the new barrier? Post by: sakira on November 01, 2015, 08:43:26 AM I do not think we reached $350 so quickly, even beyond our predictions. so my prediction at the end of the year we could reach $400-450 8)
Title: Re: $350 is the new barrier? Post by: BitcoinRepublic on November 02, 2015, 10:33:57 AM Btc is going down.. Will be there around 310 in next few days. If bitcoin is around $310 in the next few days, it is called called going down. It is stabilizing. I wish it can be there for a few weeks in stead of days. Title: Re: $350 is the new barrier? Post by: Vahnt on November 02, 2015, 11:59:02 AM Market has shown quite the strong resiliency on the rise throughout October, always coming back from large dumps. The one that took place Oct 29th down to $305 was probably the biggest test and we've now since smashed through the prior high of $344 on high volume. If all those shorts haven't covered yet I think we're gonna see a rush for the door as this rally doesn't seem to be done quite yet. I think we could even touch $350 this week, $400 is the real barrier from here on out.
Title: Re: $350 is the new barrier? Post by: smith coins on November 02, 2015, 12:12:19 PM The price in bitfinex and in OkCoin exchange reached $340
So it is near to break now this new barrier of $350. While in coinsetter it reached almost $342, i think we are very near :) Title: Re: $350 is the new barrier? Post by: randy8777 on November 02, 2015, 01:27:07 PM The price in bitfinex and in OkCoin exchange reached $340 So it is near to break now this new barrier of $350. While in coinsetter it reached almost $342, i think we are very near :) it looks like it will only be a matter of days, maybe even hours, before we see $350. volumes are getting higher and higher as people get more and more excited. Title: Re: $350 is the new barrier? Post by: Pab on November 02, 2015, 01:32:32 PM Chart looks great,bitcoin train is going up,big chance for 500$ at the end of the year
Title: Re: $350 is the new barrier? Post by: smith coins on November 02, 2015, 01:38:18 PM The price in bitfinex and in OkCoin exchange reached $340 So it is near to break now this new barrier of $350. While in coinsetter it reached almost $342, i think we are very near :) it looks like it will only be a matter of days, maybe even hours, before we see $350. volumes are getting higher and higher as people get more and more excited. The price today has been increased too much, And maybe tomorrow will continue this trend because today the price increased for more than $12 - $15 The next barrier is $350 so it is around $8 - $14 away and that can be reached very fast. Title: Re: $350 is the new barrier? Post by: clixcoin on November 02, 2015, 01:40:26 PM Yes price is going higher like crazy i think $350 will be in next 2 days and we are ready to get more higher and stable price for this week.
Title: Re: $350 is the new barrier? Post by: amiryaqot on November 02, 2015, 01:59:27 PM Now it looking more possible as we are not far to get next floor of $350, price is going up with great support and it seems this week price will be stable around $350 and will stay above by end of current business week.
Title: Re: $350 is the new barrier? Post by: fulgdenea on November 02, 2015, 01:59:36 PM I am also hopeful about this yes this will happen maybe tomorrow we will see next range $350 or more than that now we have more positive news from Chinese buyers with amazing support. ;D
Title: Re: $350 is the new barrier? Post by: justbitcoins on November 02, 2015, 02:15:39 PM $350 is the new psychological barrier. The price will stay below it for some time. It will rise with more good news coming.
Title: Re: $350 is the new barrier? Post by: BitcoinNewsMagazine on November 02, 2015, 02:36:51 PM $350 is the new psychological barrier. The price will stay below it for some time. It will rise with more good news coming. $350 is not a significant psychological barrier. $390 - $400 is, as a Fibonacci level coincides closely with $400: https://bitcoinnewsmagazine.com/wp-content/uploads/2015/09/screenshot-bitcoinwisdom-com-2015-11-02-09-27-20.png Title: Re: $350 is the new barrier? Post by: shadobitz on November 02, 2015, 02:43:50 PM $350 is the new psychological barrier. The price will stay below it for some time. It will rise with more good news coming. $350 is not a significant psychological barrier. $390 - $400 is, as a Fibonacci level coincides closely with $400: https://bitcoinnewsmagazine.com/wp-content/uploads/2015/09/screenshot-bitcoinwisdom-com-2015-11-02-09-27-20.png Yes i am also agreed with $350 is going to get there in next few hours as price is over $340 now so that next barrier is $400 and now it looking very possible. Title: Re: $350 is the new barrier? Post by: trafficolaa on November 02, 2015, 02:55:08 PM $350 is the new psychological barrier. The price will stay below it for some time. It will rise with more good news coming. $350 is not a significant psychological barrier. $390 - $400 is, as a Fibonacci level coincides closely with $400: https://bitcoinnewsmagazine.com/wp-content/uploads/2015/09/screenshot-bitcoinwisdom-com-2015-11-02-09-27-20.png Yes i am also agreed with $350 is going to get there in next few hours as price is over $340 now so that next barrier is $400 and now it looking very possible. I am also agree with you both $350 is not a psychological barrier this time, i also think $400 is looking next stable price range for this month so that i think we will see this price level in coming weeks before end of this month. Title: Re: $350 is the new barrier? Post by: richardsNY on November 02, 2015, 03:00:32 PM $350 is the new psychological barrier. The price will stay below it for some time. It will rise with more good news coming. $350 is not a significant psychological barrier. $390 - $400 is, as a Fibonacci level coincides closely with $400: https://bitcoinnewsmagazine.com/wp-content/uploads/2015/09/screenshot-bitcoinwisdom-com-2015-11-02-09-27-20.png Yes i am also agreed with $350 is going to get there in next few hours as price is over $340 now so that next barrier is $400 and now it looking very possible. I am also agree with you both $350 is not a psychological barrier this time, i also think $400 is looking next stable price range for this month so that i think we will see this price level in coming weeks before end of this month. Real barriers are $100-$200-$300-$400-$500 and so on. $350 isn't really a barrier. People make it look like a barrier. If we manage to stabilize around current price level, then we'll surely are ready for another price advance. Title: Re: $350 is the new barrier? Post by: Scream on November 02, 2015, 03:02:58 PM The Barier is $300 at this moment (maybe this week)
the next week we will see bitcoin price stable at $350 - $370 don't sell cheap your bitcoin :D Title: Re: $350 is the new barrier? Post by: Nahl on November 02, 2015, 03:39:30 PM i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future
Title: Re: $350 is the new barrier? Post by: justbitcoins on November 02, 2015, 03:56:17 PM i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future There is no point of predicting bitcoin price day in day out. As long bitcoin is used more, the price will rise later. Title: Re: $350 is the new barrier? Post by: Scream on November 02, 2015, 04:35:51 PM i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future There is no point of predicting bitcoin price day in day out. As long bitcoin is used more, the price will rise later. the best way sell at 330 buy back at 315 and do it again :) you can growing your bitcoin with 5% /day it's enough if you can do it everyday Title: Re: $350 is the new barrier? Post by: zimmah on November 02, 2015, 04:40:38 PM Yes price is going higher like crazy i think $350 will be in next 2 days and we are ready to get more higher and stable price for this week. $350 is an important point i think, it will either serve as a ceiling or a floor. I hope we will breach t so it acts as a floor, but that's something we will see in the following days Title: Re: $350 is the new barrier? Post by: BitcoinRepublic on November 02, 2015, 05:27:06 PM Yes price is going higher like crazy i think $350 will be in next 2 days and we are ready to get more higher and stable price for this week. $350 is an important point i think, it will either serve as a ceiling or a floor. I hope we will breach t so it acts as a floor, but that's something we will see in the following days $350 is psychological important level. If the price stays below $350 for a few weeks, when it breaks, the price will rise to very high level. Title: Re: $350 is the new barrier? Post by: Hettinger on March 23, 2016, 01:03:26 PM In my opinion, either $350 or $400 is the new barrier, depending on how the hodlers feel. I think it is clear that this surge past $300 has established that price as the new floor going forward, now we just need to see where everyone needs to cash out. $350 is not nearly as significant a number as $300 or $400, so we might see $400 as the actual barrier (granted we may not reach the barrier still). Yeah it's now also at around $400. It's seem like this is the barrier for quiet a while now. Some people are getting impatient but it's just a waiting game, with bitcoin becoming more popular it will definitely go past $400. Title: Re: $350 is the new barrier? Post by: HostSurf on March 23, 2016, 02:47:14 PM The price in bitfinex and in OkCoin exchange reached $340 So it is near to break now this new barrier of $350. While in coinsetter it reached almost $342, i think we are very near :) it looks like it will only be a matter of days, maybe even hours, before we see $350. volumes are getting higher and higher as people get more and more excited. The price today has been increased too much, And maybe tomorrow will continue this trend because today the price increased for more than $12 - $15 The next barrier is $350 so it is around $8 - $14 away and that can be reached very fast. But if it not is going to rise, than it will be going stable. There is no Title: Re: $350 is the new barrier? Post by: Farma on March 23, 2016, 03:27:33 PM I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up
Title: Re: $350 is the new barrier? Post by: vero on March 23, 2016, 05:57:47 PM I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up yes i'm totally agree with you because all traders already made new barrier, it's looks bitcoin never down to below $400. IMO, bitcoin already stay at $400++ more than one month is hard to break down to under $400 because we already close to halving.Title: Re: $350 is the new barrier? Post by: mrhelpful on March 23, 2016, 06:05:01 PM I guess if the price drops bitcoin, may not be more than $ 350, I also believe it is a barrier to the current price of bitcoin. and buyers bitcoin certainly not going to waste the opportunity to buy bitcoin and held it until the price goes up yes i'm totally agree with you because all traders already made new barrier, it's looks bitcoin never down to below $400. IMO, bitcoin already stay at $400++ more than one month is hard to break down to under $400 because we already close to halving.You gotta factor to all the newbies who arent aware of the technical aspect what halving is.. So you`ll see people wont take advantage as you think unless everyone on this forum is informed on what to do lol. Title: Re: $350 is the new barrier? Post by: Erzatium on March 24, 2016, 06:59:01 PM i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future There is no point of predicting bitcoin price day in day out. As long bitcoin is used more, the price will rise later. The halving is also coming and you dont know what is going to happen with that with Bitcoin. So we should just have to wait for what will happen with Bitcoin. Title: Re: $350 is the new barrier? Post by: mickiya on April 01, 2016, 10:47:18 AM If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each bitcoin. So $350 will be the bottom.
Title: Re: $350 is the new barrier? Post by: n0ne on April 01, 2016, 01:38:06 PM It looks to be a old post. At present from $415 we won't touch the quoted barrier. The price might increase when days pass and at times if it falls might touch $385 as the lower limit.
Title: Re: $350 is the new barrier? Post by: European Central Bank on April 01, 2016, 01:43:13 PM There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable.
Title: Re: $350 is the new barrier? Post by: Heartilly on April 01, 2016, 01:44:32 PM There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable. Exactly. Bitcoin Price has no barrier. I think the best term here is building support from "that" level. Anyways this thread is old now. Title: Re: $350 is the new barrier? Post by: Amph on April 01, 2016, 02:47:30 PM If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each uᴉoɔʇᴉq. So $350 will be the bottom. you must base this on the cost of electricity of farm which is 0.05 or lower, so their bottom is not 350, but 1/4 of that, which is 90(probably more due to diff increasing, i can assume 150-200) Title: Re: $350 is the new barrier? Post by: maokoto on April 01, 2016, 02:48:32 PM I think there is kinda like an invisible barrier at around 407-410 and other at 424 or so. Price is not moving outside those two barriers for a while now.
Title: Re: $350 is the new barrier? Post by: Kollor on April 02, 2016, 04:56:10 AM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
Title: Re: $350 is the new barrier? Post by: mickiya on April 04, 2016, 07:29:32 AM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily.. The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. Title: Re: $350 is the new barrier? Post by: Mulzatas on April 19, 2016, 03:51:14 PM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily.. The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. Title: Re: $350 is the new barrier? Post by: Osinarad on April 25, 2016, 07:00:24 PM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily.. The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. Title: Re: $350 is the new barrier? Post by: Vaskiy on April 26, 2016, 02:09:25 AM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily.. The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. Title: Re: $350 is the new barrier? Post by: KennyR on April 26, 2016, 10:39:25 AM This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily.. The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. With the steady growth as mentioned the price is getting more closer to $500. So right now its time for making additional profit. Title: Re: $350 is the new barrier? Post by: richkellj on April 26, 2016, 11:27:08 AM $500 is the next barrier for bitcoins.
It will be done within 15 days :D Title: Re: $350 is the new barrier? Post by: chaser15 on April 26, 2016, 11:32:41 AM Yes we saw a good price rise in the previous weeks. The price staggered around $400 for few days and now started moving indicating the start of halving, hope $400 will be the barrier and not below. Actually $400 is really stabilized by the early quarter of the year if only Mike Hearn's drama didn't enter the scene also with the Cryptsy issues. If that bad news didn't happen maybe we are in $500 now and how much more before halving. Title: Re: $350 is the new barrier? Post by: Mulzatas on April 28, 2016, 04:04:19 PM The price is trading between $468 to $436 in the last week. So the range of trading has moved up a bit.
Title: Re: $350 is the new barrier? Post by: silentkiller on April 28, 2016, 04:10:40 PM 445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins,
Title: Re: $350 is the new barrier? Post by: FabioDelcatto on April 28, 2016, 04:48:25 PM We will not go to that low as you can see now you see also that the value is not even reducing so that is quite nice for Bitcoin itself and the most are hoping that the value will be more soon.
And they want that because they want to earn some profit with it and that should be perfect for them. Title: Re: $350 is the new barrier? Post by: romero121 on April 28, 2016, 05:15:10 PM 445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins, I too think this sudden fall happened just to increase the circulation. Circulation happens only if we sell or use the accumulated bitcoin as quoted by above buddy. Soon after days we can see the rise when half of the accumulation gets released. Title: Re: $350 is the new barrier? Post by: richardsNY on April 28, 2016, 05:18:44 PM 445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins, For now it seems the $435 level is the barrier as it didn't go below that on all exchanges yesterday. We don't know what will happen in the next days with the price. It may go down even further. Title: Re: $350 is the new barrier? Post by: Ulloa on May 03, 2016, 09:43:53 AM It was the barrier for a long time but we have finally surpassed that barrier. When the price was around $350 it was not a fun time on Bitcoin because there was not that much happening. I am glad that we are now on our way to $500.
Title: Re: $350 is the new barrier? Post by: Osinarad on May 10, 2016, 07:08:02 AM It was the barrier for a long time but we have finally surpassed that barrier. When the price was around $350 it was not a fun time on Bitcoin because there was not that much happening. I am glad that we are now on our way to $500. I think the $475 is the new barrier. We have tried to pass it several time, all failed. If it is surpassed, we will reach $500. Title: Re: $350 is the new barrier? Post by: Sandroxa on May 10, 2016, 07:32:59 AM 445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins, For now it seems the $435 level is the barrier as it didn't go below that on all exchanges yesterday. We don't know what will happen in the next days with the price. It may go down even further. But now you also see that the value is going to be more worth and that is perfect for the people who already have Bitcoin. Title: Re: $350 is the new barrier? Post by: Realetim on May 19, 2016, 07:17:47 PM The bitcoin price shall not drop below $350 for the foreseeable future. The price has been stable above $400.
Title: Re: $350 is the new barrier? Post by: xht on May 19, 2016, 09:42:12 PM not sure about it because the price can fall down anytime and maybe the price can down much more than we have seen before.
Title: Re: $350 is the new barrier? Post by: 1Referee on May 19, 2016, 10:20:02 PM The bitcoin price shall not drop below $350 for the foreseeable future. The price has been stable above $400. It can and it will if whales start dumping to get real panic going through the market. Perhaps it will happen after the block halving as people will get disappointed because the halving didn't bring much growth in the price, and that's what whales will use to get people into panic mode. People being disappointed about the price, plus whales dumping the price down to below $400 levels will push a strong earthquake into the market. Title: Re: $350 is the new barrier? Post by: Piltover on May 20, 2016, 08:05:19 AM I think that it will reach in the end of the year that the value will be around some $500 and that is because the value was already stable for a long time and it have to change soon.
And the halving is also coming so that can be nice for the most people that is waiting for a nice price increase. Title: Re: $350 is the new barrier? Post by: Realetim on May 26, 2016, 06:37:24 PM I think that it will reach in the end of the year that the value will be around some $500 and that is because the value was already stable for a long time and it have to change soon. And the halving is also coming so that can be nice for the most people that is waiting for a nice price increase. That is right. The longer the consolidation time, the higher the price will be after the consolidation. Title: Re: $350 is the new barrier? Post by: wikenpp on May 26, 2016, 07:15:00 PM I think that it will reach in the end of the year that the value will be around some $500 and that is because the value was already stable for a long time and it have to change soon. And the halving is also coming so that can be nice for the most people that is waiting for a nice price increase. That is right. The longer the consolidation time, the higher the price will be after the consolidation. The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) Title: Re: $350 is the new barrier? Post by: Osinarad on May 29, 2016, 07:30:24 PM I think that it will reach in the end of the year that the value will be around some $500 and that is because the value was already stable for a long time and it have to change soon. And the halving is also coming so that can be nice for the most people that is waiting for a nice price increase. That is right. The longer the consolidation time, the higher the price will be after the consolidation. The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) The price is over $530 now. There is a possibility that the bitcoin will trade in a new range, $100 higher than the previous range. Title: Re: $350 is the new barrier? Post by: Mulzatas on June 01, 2016, 09:29:47 AM I think that it will reach in the end of the year that the value will be around some $500 and that is because the value was already stable for a long time and it have to change soon. And the halving is also coming so that can be nice for the most people that is waiting for a nice price increase. That is right. The longer the consolidation time, the higher the price will be after the consolidation. The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) The price is over $530 now. There is a possibility that the bitcoin will trade in a new range, $100 higher than the previous range. The bitcoin price is still around $520 in several exchanges. So there is no small dump of the bitcoins. Title: Re: $350 is the new barrier? Post by: chaser15 on June 01, 2016, 06:14:34 PM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. Title: Re: $350 is the new barrier? Post by: apriyoni on June 07, 2016, 02:34:47 PM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. The recent rise of the bitcoin price is good for the sales of the new Bitmain S9 miners. So it could be caused by the Chinese. Title: Re: $350 is the new barrier? Post by: Mulzatas on June 11, 2016, 06:20:19 AM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. The recent rise of the bitcoin price is good for the sales of the new Bitmain S9 miners. So it could be caused by the Chinese. The Chinese got a lot of money. Wherever their money flow, the price will rise. The gold, iron ore and oil has risen a lot recently. Title: Re: $350 is the new barrier? Post by: apriyoni on June 12, 2016, 08:11:42 AM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. The recent rise of the bitcoin price is good for the sales of the new Bitmain S9 miners. So it could be caused by the Chinese. The Chinese got a lot of money. Wherever their money flow, the price will rise. The gold, iron ore and oil has risen a lot recently. The latest rise of the bitcoin started in China again. If the Chinese move 0.001% of their wealth into bitcoin, the price will be much higher. Title: Re: $350 is the new barrier? Post by: Osinarad on June 17, 2016, 05:54:46 AM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. The recent rise of the bitcoin price is good for the sales of the new Bitmain S9 miners. So it could be caused by the Chinese. The Chinese got a lot of money. Wherever their money flow, the price will rise. The gold, iron ore and oil has risen a lot recently. The latest rise of the bitcoin started in China again. If the Chinese move 0.001% of their wealth into bitcoin, the price will be much higher. The rise yesterday started in Western Exchanges. It seems both the Chinese and Westerners have enough money. Title: Re: $350 is the new barrier? Post by: bit1 on June 20, 2016, 12:34:23 AM The halving price already seem to be set in. Which means the price will float around the 450 if you ask me. But yes the halving is coming and there are still a lot of things that can be happen. For example testing where the real support is (probably somewhere in the 320 - 350 area) No it's nothing to do with the halving. It is the effect of manipulation that Chinese started in some of the big exchanges. No way halving will give bumps to the recent price rally without the activity of the CN manipulators. The recent rise of the bitcoin price is good for the sales of the new Bitmain S9 miners. So it could be caused by the Chinese. Also the creator of Litecoin looks of Chinese descent.I know it sounds farfetched. Title: Re: $350 is the new barrier? Post by: Cybertron00 on June 20, 2016, 11:18:47 AM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again.
Title: Re: $350 is the new barrier? Post by: CryptoBjorn on June 20, 2016, 12:55:13 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. Title: Re: $350 is the new barrier? Post by: sanas on June 20, 2016, 01:58:21 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. Title: Re: $350 is the new barrier? Post by: escrowboy on June 20, 2016, 02:10:55 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. I have doubt if this is going to happen, as long as there's a buyer who's willing to buy bitcoin. The demand is still there and that doesn't make the price dump so much.Title: Re: $350 is the new barrier? Post by: tn211 on June 20, 2016, 03:36:49 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. Title: Re: $350 is the new barrier? Post by: apriyoni on June 21, 2016, 11:48:38 AM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. Title: Re: $350 is the new barrier? Post by: Realetim on June 22, 2016, 11:43:18 AM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. I think the price will rise a lot after the halving. It could even double in 12 months time. So I will buy more. Title: Re: $350 is the new barrier? Post by: sanas on June 25, 2016, 05:03:29 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. I think the price will rise a lot after the halving. It could even double in 12 months time. So I will buy more. The bitcoin is still being developed actively and it has good community support like the Etheruem, so it will rise further. Title: Re: $350 is the new barrier? Post by: Mulzatas on July 14, 2016, 06:31:32 AM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. I think the price will rise a lot after the halving. It could even double in 12 months time. So I will buy more. The bitcoin is still being developed actively and it has good community support like the Etheruem, so it will rise further. The bitcoin rose more than 50 times after the halving in 2012. So it could also rise a lot after this halving. Title: Re: $350 is the new barrier? Post by: sanas on July 14, 2016, 01:56:00 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. I think the price will rise a lot after the halving. It could even double in 12 months time. So I will buy more. The bitcoin is still being developed actively and it has good community support like the Etheruem, so it will rise further. The bitcoin rose more than 50 times after the halving in 2012. So it could also rise a lot after this halving. If it just rises 20 times, the price of the bitcoin will be $12000 each. That could be a bubble in the forming. Title: Re: $350 is the new barrier? Post by: Osinarad on July 16, 2016, 04:26:54 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. A lot has been said about bitcoin and the new floor. Some say 200, some 300 and my personal favorite is 330 dollar. This is based on the last price where a solid floor was established after massively selling. So yes it's a little bit under 350 and for me an acceptable price if the market will correct eh current price. After the halving, the new floor will be around $500. That is the cost of the mining for many miners in the future. And maybe the time will be soon that they can sell it but I am not for sure to say that. It depends on the expection of the price. If you think the price will rise in the long run, it is better to buy some know. I think the price will rise a lot after the halving. It could even double in 12 months time. So I will buy more. The bitcoin is still being developed actively and it has good community support like the Etheruem, so it will rise further. The bitcoin rose more than 50 times after the halving in 2012. So it could also rise a lot after this halving. If it just rises 20 times, the price of the bitcoin will be $12000 each. That could be a bubble in the forming. It depends on the usage of the bitcoin. If that increase by 5 times, then there is no price bubble at all. Title: Re: $350 is the new barrier? Post by: Realetim on July 21, 2016, 01:53:02 PM It depends on the usage of the bitcoin. If that increase by 5 times, then there is no price bubble at all. For the current bitcoin, there is no price bubble. It is the result of the general adoption and the bitcoin usage. Title: Re: $350 is the new barrier? Post by: dmarine on July 21, 2016, 01:57:32 PM New barrier is 10k in 2018, according to Tim Draper.
Title: Re: $350 is the new barrier? Post by: Shiroslullaby on July 21, 2016, 02:20:55 PM Everyone posts these insane numbers- 5k, 10k
But the price is still sitting around $660+ I feel like its going to be at this price for a while. It may steadily increase, but I'm pretty sure we already saw the big jump before the halving. That being said, a stable price is probably a good thing. Wild swings mean a currency is not stable. A slow but steady increase means Bitcoin is here to stay. (Hopefully) Title: Re: $350 is the new barrier? Post by: trickshot22 on July 21, 2016, 03:29:42 PM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. I have doubt if this is going to happen, as long as there's a buyer who's willing to buy bitcoin. The demand is still there and that doesn't make the price dump so much.Title: Re: $350 is the new barrier? Post by: sanas on July 23, 2016, 11:15:23 AM Well I cannot say that 350$ is the new barrier. IMO, if we all sell this coming halving it will be sure to dump hard and in the worst case we can brake that buy wall down and make it go down a lot. On the other hand if we did'nt break it, it would be nice because it means it will rise again. I have doubt if this is going to happen, as long as there's a buyer who's willing to buy bitcoin. The demand is still there and that doesn't make the price dump so much.I think the bitcoin price will trade between $600 to 750 in the next few months, then it is right to $900. |
