Bitcoin Forum

Switching from the old top, 400$ is now the new botton. Buying wall of 2200 Coins on Finex at 400$. PANIC BUY now.

You can call it the new support level, we have been hovering around it for a few days now.
But wait till we cross it conclusively.  ;D

I wouldn't mind this actually. It's something, if we end next year with $800 and that becomes  the next bottom, we've made progress
I think we should be proud of what bitcoin has become this year and what it will become.

Don't think its the right time to buy btc's since we're not sure about the patterns as yet.I tried to perform an procure based analysis on the recent price charts but couldn't get anything out of it as its really unpredictable what will happen next.But yeah to store your bitcoins will be the wisest thing to do!

I hope so that 400 dollars well be the bottom of bitcoin that it won't go lower.
Than is save to get it.

Yes it seems to be on 400 mark at least till new year if not I think it will keep on attaining new high button. 2200 coin seems to be quite high but if buyer decided to cancel it than there will be way to go down. We need more buy order above 400.

Building some resistance and support now around $400. Hope it sustained for at least couple of weeks before making a new pump so at the end no worries of too much price decrease.

No one believes or cares about an idiot troll who is so stupid, that he public contradicts himself within the same week.

https://bitcointalk.org/index.php?topic=1277566.0

https://bitcointalk.org/index.php?topic=1272827.0

lol Thanks for pointing it out! I was wondering why do I always see people obsessed with $400.Turns out its not people its just the OP.

There's no need to panic. If $400 is the new bottom, that means that there has been progress.
If we could end this year with a solid $400, I would be really happy and satisfied.

Right now we are hovering around this range yes.But it's too early to name it the new bottom.
We will see after the next pump and dump if this will work out.
I'm still not convinced to be honest.

It's a 50/50 scenario right now. You either bet that 400 is going to be the new bottom, or that 400 is "it" and that we are going to correct back to low to mid 300s which in my opinion is more and more unlikely with every hour that we pass near the 400 range. Im not going to gamble with what I think is right so im just going to hold, shorting always bites you back unless you are mega lucky.

Go short if one already make profit but t the same time can decide to go long too because like I stated, already made some profit.

Sometimes going short is a trap. And it is noticeable to those new traders. Thats why many always regret for the move they execute.

Lol, you've just said days ago that $400 was already the top and now you've change your mind like a girl change her clothes, it seems you are just trolling. Anyways, I believe the previous one when you said 400 is the top and I doubt this one. I'll be expecting more threads from you ::)

From a simple search in graph we can see that there are lots of ups and downs today, hope tomorrow the price will be more than $400

There has only been one spike above 400 on Bitfinex during the previous 24 hours, and Bitstamp has remained below it. How can 400 be the new bottom if both those exchanges are below it? Wait until it's stayed above 400 for calling it the bottom. During the previous two years I read so many incorrect bottom calls that I don't consider them worth making anymore.

I think tomorrow will be the same as today for the greatest part. We need to settle above $400 before we can advance further. As long as that doesn't happen, then we will stay like this for a semi long period.

I'm completely fine with staying here for a longer period. I could use a few extra coins in the next few months and would like to get them as cheap as possible..
Glad it is at 400 though, it feels much better than the 22x range it was in for so long, even if it means buying more expensive.

Lol, i don't think so. A lot of us want it to be but the price isn't stable yet. It can still go 2 ways.

It would be safe to say if we hold a certain price for a period of 1.5 months, we've found our new low or high..

Not really sure if it's the new bottom since it's not established in my opinion but maybe in the next upcoming days. It can still fall back to $360-380 like some days ago. Predictions of more than $500 for the end of the year seem a little difficult right now but maybe there's a new pump coming.

We first need to pass 400 before it can be a bottom right. With current momemtum I think we are halfway there.
Just 5 dollars and we are back in the 400 range ;)

i must agree with you the price seems to be pretty stable right now in my opinion so i believe that the price can only rise right now though those are just my thoughts

Well, definitely not 400 is not the bottom no way unless whoever is minipulating the market decides to make it the bottom. It's crazy how they manipulate the market, MAN!
They are able to manipulate it even though the market is so large!

well i dont think so just now we are not at 400 do how this can be bottom? we should get to 400 first and then think about reaching any other sums i hope that this will be the new bottom after a few days though the bitcoin price is unpredictable and anything can happen any day and even any hour

No way. It must be to stay here at least for a few weeks before calling it a potential. The 400 rate is just a new short term high. The mid-term bottom is still at 320 usd.
Let's see where we at in 3 weeks before calling out bottoms.

We are now sitting around $400 in more than 100 hours now. It's a good sign that price only rotates around that. Not much low and not that high. What does it mean? It's in the process of building support and resistance so yes you can't say today that this is a possible new floor but just wait for more weeks and if it will become success, get ready for the big pump.

Price has finally crossed $400, and is now hovering around $415.
If we hold $400 for a few days, then a comprehensive support level will be established.

Lol, you suck at this game. Here's your thread posted two days from this one stating, "$400 is the new top!" https://bitcointalk.org/index.php?topic=1277566.0

We should not be happy too much because the price is now over $400

The price by time has been changed dramatically and we should see what will happen before the new year holiday.

I wish that the new bottom will be $450 and i wish it will be stable during the next upcoming months.

the absolute bottom right now is $400. i think it will hold. the months that are comming towards us won't be stable. the closer we come to the block halving, the more volatility we will see. i expect the start of the new year to be really volatile as people will panic buy in order to not be too late to buy.

Building resistance now at today's range. I will assume that many expecting a price increase next year that's why some are acquiring coins now at their known cheap prices. Look, even at 414 range many placing orders for buy. See how optimistic they are. And for the sellers theyre not selling it for below 410 thats why we are now staying for fixed range as of today.

Waaaaay too soon to be calling any sort of bottom at $400.  That's wishful thinking at this point, though I hope it's the case along with many of you.

Is anyone here short btc?  How would one go about shorting it?  (I'm not personally interested in doing so, I'm just curious).

What do you mean by shorting? Trading terms?

Well if it's, it means you are deciding to sell within a smaller range by not waiting for really a price pump before selling it. Example you buy @ 300 then the price hits $400. You already make profit here but depends on the price move you if you want to go short. Even the price went up much more you have no regrets. Vice versa with go long.

Shorting means selling higher, then buying the dip. The midst is profit. Shorts are obtained with leveraged funding usually. With sites such as bitfinex.com, okcoin.com, etc.

Maybe yeah after seeing price can fight on this level, so we can say for now is the new bottom of bitcoin price

That's probably a good prediction of the floor... The trend is extremely upwards and it should continue that way during Christmas and the new year. I hope it stabilises at that level.

I would not conclude that the new bottom of the bitcoin price is $400. I am expecting it to rise around $450 by the end of this year.

This is the new normal  :)

I think it's a bit too soon to call $400 the new bottom, we just got to this point.
It can still go either way. Even if this is the new bottom, looking back at 2015, there has been progress and that's all I'm looking for when I'm investing in something.

I also expect that bitcoin will be in the end of the year 450 dollars.
You can't never tell if 400 dollars will be the bottom, because bitcoins is just like a rollercoaster so lets see what will happen.

Yeah it might be too soon to call $400 the new bottom but still its quite a big achievement for the bitcoin price this year.

You do realise it might also drop to $300 again right?

I think it can go either way at this point. Bitcoin hasn't been at $400 long enough to call it anything yet.
If it stays i'm okay with that if it drops again, i'm alright with that too.

It might, but that is just so little precent that will happen for now maybe the lowest that will go is 350 dollars.
Bitcoin is just going up and down so we will see what happen this month and specially next year.

It's too soon to say at this point. Anything can happen with bitcoin. Nobody can say for sure.
I believe it will stay around the $400 until next year. I don't think we'll reach $500 again this year.

If we are here for 2/3 weeks then maybe yes we are at a new 400 bottom. Right now it is just too soon to declare it.
Be patient, i got a feeling more is coming for us.

very much agree with

if it was the case, it should've dropped when we were again enar 300 after the last pump, instead we went to 400 again, so i don't think this is a likely outocome now

there are more chances to touch 500 again

Yes exactly this! It's too soon to start opening threads like this! We might be in for another correction in the next few days if we stay in this range. Let's be patient and we will see!

Yes indeed, we all just have to be patient and see what will happen.
There's still a chance it can go either way, up to $500 or back down to $300.

At least we won't see the 200 dollar bitcoin again I hope not.
But I am quite sure that bitcoin will just increase little by little.

Cannot be never sure. It will be good if it will be so but with bitcoin nothing is sure. Never. Especially is this phase of its "life". There are given signs of stability during all the previous year but I am yet unconvinced about its maturity as a currency. He have no owners who can take care of it (price) so everything will depends from the market. And the market don't know rules. Or better: know only one rule which is: the price depends only by demand/supply. No one can predict such concepts in figures. And for bitcoin even as a trend. So calm and hope. These must be our reactions regarding the price of bitcoin and its move or value.

I told you!!   :D ;) ;D :o  8)

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peonminer you can read what I post in this thread you linked? I guess you cannot.


Look here:
https://bitcointalk.org/index.php?topic=1277566.msg13162038#msg13162038


"Why you guys do not get it Angry Huh

I am trying to look like the sentiment of this forum is bearish, because I want the price to rise. You understand?
When the sentiment was bullish, price was falling. Now the price must rise, so I try to make bearish sentiment.
Price must go over 400$, so I write 400$ was the top. Simple as that.

Do not care about me and my threads, I have sold nothing at any time and have enough BTC, and I will never sell."

Oh, I see. Good :) I like your reverse psychology strategy ;) carry on :P

it's not, and in fact, it might(and will) go even lower now, to 330$ or even more, they aren't stable yet so we can't know their future

I think you are right. The bottom is much lower then we think.

Currenty the price could even go past 300 dollar.

I think that yes, But we need to wait a couple or weeks to be sure.

Call me crazy but I think people are buying Bitcoin to get into Ethereum. That's the truth bomb I'm dropping. I'm not sure if there are any proofs to my theory but I'm just following the market and that's what I sense it's happening.

If the price stay above $400 for the next few weeks, we can say $400 is the new bottom. But it does not matter if the price drops below it.