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Author Topic: I could see BTC going down to the lower 300's by the time of the halving  (Read 1489 times)
kwukduck
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January 16, 2016, 09:18:46 AM
 #21

No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.

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January 16, 2016, 10:37:25 AM
 #22

Let's see if it goes below $400 first, if it does go below that level, then I can see an ultimate low of $370-$380. But I think we will be able to support the $400 level long enough to make the price advance to $420-$430 again. We have seen the price go down earlier to very low $400's, it was $404 to be precice, and then we went up again and reached $450+.

Ok.  Let's see if your analysis holds true.

I didn't expect the price to come down this hard, but it allowed me to do some nice day trading. I was awake all night and made myself a good 1.5BTC profit. I think the price won't plummet any further from the low of nearly $350.
prodigy8
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January 16, 2016, 10:54:07 AM
 #23

People will be more interested than before about bitcoin and before the halving the price can be pumped.

And then after the halving those can be disappointed that why the price has not been increased,

So they will start selling and the price will be decreased.
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January 16, 2016, 09:29:24 PM
 #24

No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.

 I don't see any probability of Bitcoin hitting $100 - or even $200. There was too much support around the $230 level BEFORE the recent big wave of Chinese investment.
 On the other hand, we're seeing a rebound right now, might take longer to hit $300 than it looked like 24 hours ago.

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n2004al
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January 17, 2016, 03:07:11 PM
 #25

I could see BTC going down to the lower 300's by the time of the halving.  I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

I don't believe that will go so down. Now bitcoin is accustomed with such situations (at my country we tell this expression in such cases: its skin is made like the skin of the shoes - in other words mean that these things don't make more news) and have created some immunity. The first signs are already shown. It is already stopped at an interval of value since yesterday. Being temporary or a definitive one from which will began again the increase this have no to much importance. This "resistance"  is a tiny sign of its "maturity". Yet to much to be showed before be told with security the previous mention but cannot be not mentioned. Stopped so fast is a very good sign. Even if this stop can or might be only temporary.
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January 17, 2016, 05:23:52 PM
 #26

No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.
It has gone up now to $388 at the time of typing this post and predicting it to go all the way done to $100 is unreal as even some factors lead it to go down in the couple of past days, it seems it's getting stable and rising step by step now.
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January 17, 2016, 05:31:27 PM
 #27

I hope we do get another drop sometime soon, People should be using this time of a drop in price to accumulate more. bitcoins not dead and not dying anytime soon. If it drops any more then i will be putting some cash into more coins Smiley

stepwilli
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January 17, 2016, 06:05:26 PM
 #28

I hope we do get another drop sometime soon, People should be using this time of a drop in price to accumulate more. bitcoins not dead and not dying anytime soon. If it drops any more then i will be putting some cash into more coins Smiley

But I do not see any more price fall. It's just a down wave before breaking the big prices like $500 price levels. Prices are quickly recovering, we can expect $450 and $500 levels very soon.
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January 17, 2016, 06:10:36 PM
 #29

The storm hasn't pass yet so it's definitely a possibility. In my personal opinion I don't think we will go below $350, the panic seems to have subsided already, if we can get past this week all will be forgotten the minute the next mini pump starts and people will want to get all the BTC they can get at below $400.
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January 17, 2016, 07:44:07 PM
 #30

The storm hasn't pass yet so it's definitely a possibility. In my personal opinion I don't think we will go below $350, the panic seems to have subsided already, if we can get past this week all will be forgotten the minute the next mini pump starts and people will want to get all the BTC they can get at below $400.

It was $3.00 from my trigger point and so I missed out, so I am hoping it does dip again. I have since raised my trigger point but at the $385 it currently is floating, I'm not buying because I am gambling it will go down again in the short term. Not confident to sell any that I have - I'll let people with better experience take those risk. But confident enough it will dip again that I am willing to risk missing this opportunity to buy at below $400.

My personal speculation is that it will hit $600 before the end of the year (stay there or not I don't know) but I still think it will presently drop close to $320 at least once in the next three months.

And no, I am not skilled at this, no one reading what I write should assume that I am.

I hereby reserve the right to sometimes be wrong
quadriple7
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March 12, 2016, 10:55:36 PM
 #31

I could see BTC going down to the lower 300's by the time of the halving.  I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

i would be really suprised to see price at 300$ at July, would be real;y bad news for bitcoin too, no huge rise as everyone hopes after halving, price now is 400$ so i hope it will be at least  460$ before halving, and will rise around 600$ after halving
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