Bitcoin price to rebound to $250 ?

[srgkrgkj]

With the prices moveing closer to the support level of 200 will we see a trend reversal to 250 ? or 150 ?

[Dafar]

Either scenario is equally possible... you wanna random guess? I say down

[indiemax]

all the indicators are down,way down until the fork,then? who knows

 no one is buying right now,the butthurt will say they are tho

[LewiesMan]

Either scenario is equally possible... you wanna random guess? I say down

Not really random, it will go down for the next month :/

[kwukduck]

Extremely unlikely.
It will crash hard even before the hard fork.
Bitcoin will basically be completely unusable and destroyed after the fork.

[LewiesMan]

Extremely unlikely.
It will crash hard even before the hard fork.
Bitcoin will basically be completely unusable and destroyed after the fork.

When is this hard fork set for?

[srgkrgkj]

The hard fork cant be that dangerous ... can it

[kwukduck]

The hard fork cant be that dangerous ... can it

Not at all. For a hard fork to be successful it needs almost full concensus, meaning something like 99+% adoption.

A lot of people don't agree with the changes involved, so they won't adopt the new protocol, which will cause two separate chains and double spendable coins. Which chain will merchants and exchanges use?

Also it will cause a massive increase of growth of the blockchain, cause miners to stop and spam to increase.

No problem at all... lol... another day in failcoin land...


EDIT:

Did some more in depth research on this.
Apparently it's not all that bad and it will be carefully and timely phased in.
It's an important step to make bitcoin scale better.

[HarmonLi]

I think we may either have a surprise break-out and confirm the trend-reversal soon, or we'll re-test the $180s, maybe $160s on high volume and use the double-bottom to start the moon-rocket. I think many people are still much too greedy and opportunistic to buy before we reach low $100s or even double-digits!

[manselr]

The MACD is turning itself upon a downtrend again, I think we will be at under 200 for long period of time.

[Chef Ramsay]

The MACD is turning itself upon a downtrend again, I think we will be at under 200 for long period of time.

No we won't, that's a far fetched factor you're pushing here. I'd say we're turning the corner at this point or soon. 

[chriswen]

Yup, it looks like we're heading for 250.

[1Referee]

The MACD is turning itself upon a downtrend again, I think we will be at under 200 for long period of time.

No we won't, that's a far fetched factor you're pushing here. I'd say we're turning the corner at this point or soon.  

It's always funny seeing people trying to guess where the price will go lol...

"this line indicates that we will see a strong rebound" "that line says we will head down HARD"  bla bla bla

Forget about all this. Large traders and large pools don't care about charts and all that.

Traders initiate a pump or dump when they want, and large pools dump when they need to cover costs, etc.

[rosh]

$150 or $250... it doesn't matter.
I am waiting for the real bull run.

[DanielT]

Nope, not in the near future.

[ajw7989]

200-250 is what isee until more major news is released.

[manis]

Nope, not in the near future.

$250 is just 10% away from the current price.
With Bitcoin's volatility, attaining it should be a breeze.
Whether we stay there is a different story all together. 

[swan77]

The MACD is turning itself upon a downtrend again, I think we will be at under 200 for long period of time.

No we won't, that's a far fetched factor you're pushing here. I'd say we're turning the corner at this point or soon.  

It's always funny seeing people trying to guess where the price will go lol...

"this line indicates that we will see a strong rebound" "that line says we will head down HARD"  bla bla bla

Forget about all this. Large traders and large pools don't care about charts and all that.

Traders initiate a pump or dump when they want, and large pools dump when they need to cover costs, etc.

The squiggly line indicator has got it wrong once too often to convince me it works anymore.

[srgkrgkj]

the prices of Bitcoin edging higher and higher :S

[(Lithium)]

humm what hardfork are you talking about?

Was it confirmed or justt rumors?