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the next 24 criticals are bitcoin.
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I feel $890 will be the resistance point for this drop, but I question whether we will be able to hit it.
I think if we drop to $880 then a large sell off will occur. Funny thing is the drop isn't coming from china, but they are following.
weird that kraken gets the biggest hits. since when the market is following €   |
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24.1.2017Bitcoin Price Corrects Pressured Below $900A couple of large sell orders pushed BTC/USD rates back to price levels below $900. Bitcoin markets kept on a sideways trading trend throughout the trading session and this recent development appears to have brought a halt to this amid lower trading volumes. The fact that traders aren’t confident in support levels is once again showing. Major Signals - The sideways trading trend that dominated BTC/USD markets after prices fell from a spike above $920 levels was brought to a halt by downward spikes.
- The market’s reception to this fall doesn’t seem particularly positive so far as the response didn’t manage to swiftly recover back close to pre-fall levels.
- The confidence of traders seems to have been reduced as the inability to form reliable support levels seems like a common theme in the recent days.
Continue reading on here https://www.crypto-news.net/bitcoin-price-corrects-pressured-below-900/ bitstamp @ $914. imho the bear attack was weak and the support was strong.  |
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habe gestern abend einen coin versendet: 6fec634737ee6ecf3528dbe9bf9ec9bb0e78593b71691bd67d42a61c3b0b1239 FEE: 0.000392 BTC zuwenig? noch keine confirmations. aber laut wallet balance ist der coin weg. hatte ich noch nie. nimmst du litecoin. Is eh besser, hat bald segwit. he du troll..  |
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molecular is no troll, that is for sure. |
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habe gestern abend einen coin versendet: 6fec634737ee6ecf3528dbe9bf9ec9bb0e78593b71691bd67d42a61c3b0b1239 FEE: 0.000392 BTC zuwenig? noch keine confirmations. aber laut wallet balance ist der coin weg. hatte ich noch nie. 1. confirmation! |
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support is strong as fuck.
i agree. if you connect the local lows, there you have a nice ascending line. looking good.  |
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habe gestern abend einen coin versendet: 6fec634737ee6ecf3528dbe9bf9ec9bb0e78593b71691bd67d42a61c3b0b1239 FEE: 0.000392 BTC zuwenig? noch keine confirmations. aber laut wallet balance ist der coin weg. hatte ich noch nie. Willkommen im Club ich hab so etwas permanent wenn ich mal was sende und nicht weit über den Fees von anderen liege, grad wenn man vom eigenen wallet sendet. such a cheese... |
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habe gestern abend einen coin versendet: 6fec634737ee6ecf3528dbe9bf9ec9bb0e78593b71691bd67d42a61c3b0b1239 FEE: 0.000392 BTC zuwenig? noch keine confirmations. aber laut wallet balance ist der coin weg. hatte ich noch nie. |
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And why is that? Because the price always has to fall and we can't have higher prices? The bitcoin price is literally increasing every year, except for 2014. I would not worry and I do not believe in all the bear crap.
The bull v. bear stuff is something that has always puzzled me. I mean, surely anybody who owns any bitcoin is a "bull", no? Because if they were truly "bearish" about Bitcoin, they'd have kept their money in fiat, in a bricks & mortar bank, where it's "nice and safe". Nobody's going to have put their cash into Bitcoin unless they believe the price is going to go up. Am I being overly simplistic? there is short term, mid term, long term to be considered. i am a happy permabull. i think bitcoin will rise over $5k until 2020. we will see a new ath in 2017. but i also think it will take at least until may 2017 to recover from this correction. if i had the guts i would sell some btc because i think we will see lower prices than the current one. but i am a coward, so i rarely do sell in moments like this one. just can´t stand the fear that price could explode therefore ending up with less btc... |
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i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,
I don't think so. Too many people want to have at least one bitcoin. true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin. I understand your point, but What a silly one, no? At today's prices, as I type, a million dollars could get you about 1,093 bitcoins, but if you have a million to invest, you might need to diversify a little bit, no? Frequently, I mention to people who might be skeptical about bitcoins, that 1% to 10% of your quasi-liquid investment funds could be reasonable to invest in bitcoin, but if you happen to be fairly skeptical and skittish about today's prices, then maybe you would feel comfortable with only 1% in bitcoin, and all those variations seem reasonable. So, at today's prices, a person who has $1million to invest but is fairly sceptical about bitcoins could still get 10.93 bitcoins... in other words, what seems to be your point, 600watt, those millionaires should act now, while the price is seemingly reasonable in a globally distributed mindset and while supplies last (before everyone else finds out the value of bitcoin). my point is that even today, hell, even if bitcoin price tanks to $100 - no matter what price - not every existing millionaire can have one bitcoin. even if all existing btc hodlers would sell all their coins. there is no theoretical way possible, because there are more millionaires than bitcoins. to me this is an interesting fact, to lots of others it seems silly. i don´t understand why people get so itchy about it. edit: hodlers |
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Die Schwester der DE-Mail . „Die Deutsche Börse investiert erheblich in die Entwicklung und Einführung neuer hochmoderner Dienstleistungen“, sagte Carsten Kengeter, Vorstandsvorsitzender der Deutsche Börse AG. „Die Distributed-Ledger-Technologie birgt großes Potenzial. wenn sie das bereits vorhandene bitcoin protokoll nützen würden, würden sie erheblich weniger investieren müssen.  |
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what happened to the sentiment in this thread?  |
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i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,
I don't think so. Too many people want to have at least one bitcoin. true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin. This is a great fact. thanks for the reply. most of the times people reply something like: "why would every millionaire want a bitcoin?" but it is fact and it doesn´t matter how much $ they would want want to pay for that one bitcoin. there will never be enough, even when worth a million $... |
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i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,
I don't think so. Too many people want to have at least one bitcoin. true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin. |
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wait a second! major news concerning the big three chinese exchanges with unclear consequences and price DOES NOT TANK 30% IMMEDIATELY? and where was the insider trading on this one? superfuckin´bullish as fuck!  |
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wait a second! major news concerning the big three chinese exchanges with unclear consequences and price DOES NOT TANK 30% IMMEDIATELY? and where was the insider trading on this one? superfuckin´bullish as fuck! |
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Today, OKCoin, Huobi & BTCC all announced charging trading fees (0.2%), starting 24 Jan https://twitter.com/cnLedgerVll is das der Auslöser Edit: Bin gespannt wie sie die Volumina´s auf den Börsen entwickelt chinesisches volumen wird um 50% runter gehen. imho mittel- bis langfristig ist das durchaus positiv. Ich vermute erheblich mehr als 50% Einbruch beim Volumen. EDIT: würde sogar >80% tippen. hier spielen zwei faktoren eine rolle: erstens geht das trading volume daher direkt zurück. zweitens ist es möglich, dass sich einige (viele?) trader jetzt verabschieden. die, die sich verabschieden verkaufen natürlich ihre coins jetzt. zweifache reinigung sozusagen. mal sehen wie weit das abrauscht. es gilt hier: besser ende mit schrecken, als schrecken ohne ende. also augen zu und durch. morgen sehen wir klarer. |
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Today, OKCoin, Huobi & BTCC all announced charging trading fees (0.2%), starting 24 Jan https://twitter.com/cnLedgerVll is das der Auslöser Edit: Bin gespannt wie sie die Volumina´s auf den Börsen entwickelt chinesisches volumen wird um 50% runter gehen. imho mittel- bis langfristig ist das durchaus positiv. |
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