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Author Topic: Morecoin analysis [bitcoin/USD market observations]  (Read 47467 times)
randy8777
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April 14, 2015, 09:29:54 PM
 #21

bottom or not, i bought today at around $220 which seems like a very good price if you ask me. can't see it going below $200 as buy support looks strong.
tribefan89
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April 14, 2015, 10:05:09 PM
 #22

Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`
samson
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April 14, 2015, 10:19:16 PM
 #23

Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`

New bottom now in at $214, this is surely the cheapest price anyone will ever pay for a Bitcoin ever again.
JamesBrown
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April 14, 2015, 10:27:25 PM
 #24

bottom or not, i bought today at around $220 which seems like a very good price if you ask me. can't see it going below $200 as buy support looks strong.

buy support looks strong at 200$? What makes you say that?

we need a little correction upwards and then the real slaughter begins at sub 200$

Im a bull.
tribefan89
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April 14, 2015, 10:30:09 PM
 #25

But now this is the BOTTOM bottom!
So who wants to REALLY speculate? What will the price be in 1 week, 1 month?
RyNinDaCleM
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April 14, 2015, 10:40:38 PM
 #26

But now this is the BOTTOM bottom!
So who wants to REALLY speculate? What will the price be in 1 week, 1 month?

Lower and lower yet?

RyNinDaCleM
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April 14, 2015, 10:42:55 PM
 #27

Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`

New bottom now in at $214, this is surely the cheapest price anyone will ever pay for a Bitcoin ever again.

Did you just sell your account?

We are nowhere near 'the bottom'  Grin

Tongue

samson
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April 14, 2015, 10:44:46 PM
 #28

Good luck to everybody! Lets hope for a MEGARALLY!!  Cheesy`

New bottom now in at $214, this is surely the cheapest price anyone will ever pay for a Bitcoin ever again.

Did you just sell your account?

We are nowhere near 'the bottom'  Grin

Tongue

I forgot to add the  Roll Eyes
damiano
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April 14, 2015, 10:47:04 PM
 #29

Bottom is far from in.

Your going to wish you didn't buy.

ParabellumLite
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April 14, 2015, 10:48:51 PM
 #30

Bottom is far from in.

Your going to wish you didn't buy.



Agreed: this is going to be messy in the short term. I expect major downward movement within days to 2 weeks. It only takes one whale at this point. One to start the chain reaction.
tribefan89
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April 14, 2015, 11:00:21 PM
 #31

Ok, let me ask you guys since you seem knowledgeable. What is the point where people actually want to buy, like people who know of bitcoin but don't own any. Also what is the point where it gets too low? Just something I've wondered about, it all seems very delicate.
Morecoin Freeman (OP)
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April 14, 2015, 11:06:44 PM
 #32

Ok, let me ask you guys since you seem knowledgeable. What is the point where people actually want to buy, like people who know of bitcoin but don't own any. Also what is the point where it gets too low? Just something I've wondered about, it all seems very delicate.
For me, this is just me being nice trying to help people make a profitable trade.
I don't really care whether people follow. Price is at $222 now. Happy trading!

Ask the stranger he knows who you really are.
tribefan89
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April 14, 2015, 11:12:58 PM
 #33

Well I'm sure people are thankful for advice, I was just curious. Like if it hit say $150 would it be good or bad for the bitcoin economy, not for specific investors. Obviously if you bought at 1200 and it was at 150 it would be bad for you, but would it spark more interest for the people who weren't willing to cough up say 250-300 dollars. Sorry if I'm being confusing haha.

Hey its going back up!  Smiley
pattu1
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April 15, 2015, 12:22:45 AM
 #34

Well I'm sure people are thankful for advice, I was just curious. Like if it hit say $150 would it be good or bad for the bitcoin economy, not for specific investors. Obviously if you bought at 1200 and it was at 150 it would be bad for you, but would it spark more interest for the people who weren't willing to cough up say 250-300 dollars. Sorry if I'm being confusing haha.

If the guy who bought at $1200 holds for a couple of years, you never know.
He might still end up with a decent profit.
techgeek
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April 15, 2015, 12:47:27 AM
 #35

At lowest probably hit around $100, and then go back up.

Anything beyond lower then $100, is just a collapse of bailing on the coin seeing most people decide on a emotional state then the technology what it stands for.

Like daytraders who scalp, also have a price effect as well. But, think about realistic long term, its much needed like people who want to send money in phillpines for example are saving costs then using western union.

ajw7989
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April 15, 2015, 01:48:01 AM
 #36

At lowest probably hit around $100, and then go back up.

Anything beyond lower then $100, is just a collapse of bailing on the coin seeing most people decide on a emotional state then the technology what it stands for.

Like daytraders who scalp, also have a price effect as well. But, think about realistic long term, its much needed like people who want to send money in phillpines for example are saving costs then using western union.

I think we will see some major problems if it drops below $200. Most miners out there will not be able to make a profit below $200 and a lot will have to be shut off. Until the difficulty readjusts transactions will then take forever to confirm. We got a small taste of this last time.
umairsaleem
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April 15, 2015, 03:00:03 AM
 #37

215$ might be a chance to escape, anyway the Chinese stock market are firing now, it's much more profitable than trading(investing) Bitcoin.
stonerider
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April 15, 2015, 04:20:13 AM
 #38

^^^^^^^^^^^^^^^
This.

Chinese are selling btc like crazy so they can buy stocks. It is the reverse of the 2013 bubble that saw Chinese driving up btc price to 1200. We are looking at btc going down to 120 in the next following days.
ThomasCrowne
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April 15, 2015, 04:38:33 AM
 #39

Oh sure sure.  Yet another 'bottom' huh?  Let's see if this holds true a week or two from today.

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April 15, 2015, 06:47:45 AM
 #40



This needs to go to 100s or double digits first. My personal target is $75-$85, but we'll know the bottom when we get there  Wink



People like you told us at $1200, we will soon see $3000 while it was quite obvious we were building a plateau back then.

I smell to much bearishness in this forum, while some weeks ago there was way to much bullishness. For now, I stick to my sideway outlook.

Always wrong until not.
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