BITCOIN going up or down

[paradoxum]

Test sub 300 one more time before we start the run! 2016 will be fun

There is no testing, just weariness.  It is heading back for it's home in the 230s where it will make it's winter nest yet again.

[CoinSkipper]

Bitcoin just today received a sudden drop. It dropped from $380 USD to $300. I'd recommend buying right now. Bitcoin is becoming widely used, and the more used it is, the higher the price rises. Take the chance while you can.

[CryptoBjorn]

It will go down more 270 maybe even 240. But then it will rise again, just before it will go down again.

Only with the upcoming halving we will be able to see if btc can exist with less inflation

[plost24]

i think bitcoin price will go down to 250$ and then will go up again but this time will be fast i mean it will be in 2 month or less not like befor so get your money ready to buy bitcoin when the price will go down more than 300$ this 2 month will be very profitable in my prediction

[faince222]

250$ is the better price. Or at least, it will be back at the same price before the PUMP. But Hope that price will Rise, because it is a good thing for all of us.

[ElpadroBitcoin]

I hope that doesn't happend.

But I think BTC won't go down (-200 dollar) I think that BTC well rise.

[agustina2]

Kicking again after down to $20 yesterday. Well small profit now and at least I don't think twice to buy @ 310 yesterday.

[crazyivan]

It looks like a lot of ping pong bots playing the market. But it just looks that way cause the volume s too large for this to be the reason.

[iv4n]

Maybe it's a better question will it ever stop to go up and down? Probably not, like everything else in this world. I like this current price, of course it would be better to be higher but lets be real now is higher then it was month ago. For me its much better to have slow and steady rise, then quick on. Cause then most people think it's pumping and dumping involved.

[agustina2]

Sitting in 336 for almost 10 minutes now.

This is the first time I saw no movement even @ $1 for that duration.

[croato]

Guess it could resist at 300$-350$ range for a while, drop below 300$ next month due to holiday dump and fly to over 600$ till spring next year (or at least i hope that will happen lol).

[avw1982]

I consider myself as a shorter so I guess in this term it will go up until $280 and go down from there.  That means profit time and wait until the next low.

i will short at $270 and wait to buy back at sub $250 if everything goes according to plan. with bitcoin you simply can't be sure of anything.

Buddy that means the value bitcoin is going down. I think now your plan is to buy a bit coin now and you sell when it reaches a peak market time. Its good idea I will also gonna apply for me. thank you;)

[DavidoAlto]

I think BTC well go up maybe it goes a little bit down but 2016 I think it will reach to 450 atleast.

If that happends actually is smart to buy now.

[Denker]

Guess it could resist at 300$-350$ range for a while, drop below 300$ next month due to holiday dump and fly to over 600$ till spring next year (or at least i hope that will happen lol).

Hmmm yeah this in not unlikely to happen. Today we saw/see some good resistance and were climbing up a few percentage.
December is close and some will cashout to buy christmas presents or spend it during the holidays.
Therefore this could be a good chance to buy some cheap coins.Will have on eye on it.
And next year with the coming halving an increase is quite possible but not guaranteed.

[Amph]

Sitting in 336 for almost 10 minutes now.

This is the first time I saw no movement even @ $1 for that duration.

i saw it plenty of time at 230 mark

now it seems that 300 is very storng, will not fall easily, the trend is shifted, and a new range is discovered, probably the same as before but with a 3 at left instead of a 2

[Mickeyb]

Sitting in 336 for almost 10 minutes now.

This is the first time I saw no movement even @ $1 for that duration.

i saw it plenty of time at 230 mark

now it seems that 300 is very storng, will not fall easily, the trend is shifted, and a new range is discovered, probably the same as before but with a 3 at left instead of a 2

I honestly hope so, but we won't know this until it happens or doesn't happen. If the last run was just a huge speculation then everything is possible, even that we will return to the previous levels.

If at least some amount of fresh money has entered the ecosystem backed by all of the good news before the run then we might be forming a new $300 floor and that would be great!

[eternalgloom]

Sitting in 336 for almost 10 minutes now.

This is the first time I saw no movement even @ $1 for that duration.

i saw it plenty of time at 230 mark

now it seems that 300 is very storng, will not fall easily, the trend is shifted, and a new range is discovered, probably the same as before but with a 3 at left instead of a 2

I'm also quite optimistic, seems like it's going to hover around 300 - 350 dollars.
I must say that this kind of market that we're currently seeing is ideal for day trading.

[yenxz]

if i know that,i will not answer here..but i will do something else 
but i think bitcoin will going up,it happen if china keep moving their investment/asset to bitcoin

[BillyBobZorton]

I am doing an experiment which consists on not looking at the price for an entire week. Meaning I will only have my perceptions of the price taken on every monday morning only until next monday morning. This will make me save time from looking at a price that means anything anyway so I can focus on making more BTC.

[UfoRia]

if i know that,i will not answer here..but i will do something else  
but i think bitcoin will going up,it happen if china keep moving their investment/asset to bitcoin

Start watching the push and pull from the NA/EU traders and compare it with the Chinese. The Chinese market influx is keeping it relatively steady from an MACD/JWellsWilderRSI/StochRSI bastardized btc indicator perspective. If you are bored go to fiatleak.com and watch the fiat drops into the btc markets. The NA/EU traders for the most part are doing it as a hedge investment, long positions or a long term lottery ticket, but the Chinese are doing it since their currency is in a controlled collapse.

Check out www.investopedia.com and grab an account on a btc trading platform to learn about market dynamics. There are many more indications of the market to use instead of the general "halving", increasing difficulty and the volatility of btc as an investment strategy position.

I stay up late enough to see the NA/EU/AP markets and make my decisions on a nightly basis from reading charts before I crash and make deterministic positions on my interpretations of seven indicator models for a twelve hour period. The fact that 99.9% of people do not do this is why the people that do make money on the way up and the way down is possible. Panic, think fight or flight causes sell orders at low levels and nervous re-entry at high levels and the traders eat it up.

I treat btc as a stock and trade it long and short, along with day trade when I am bored. Not accounting for the million variables that could be used to gauge the swings is a bad position, along with waiting for good news or bad news on the internet. You can see the changes in the market swings by simply monitoring the flow with tools and not CNN, Fox News or "Ask Me Anything".

The NA/EU traders have nervous fingers for the most part, so keep that in perspective. The Chinese and other countries are using it to maintain an equitable position for survivability due to a potential currency collapse.

Holding and hoping is a bad position imo, but to each their own.

Bitcoin is a currency/commodity/revolution, so treat it as one unless you purposely don't watch the price to be surprised and expect amazing returns. Sell high, buy low, hedge your positions and don't miss out on the massive amounts of profit to be made in between swings.



Ufo


edit: I have no stake in any btc organization and my pictures of my mining operations, albeit small is not for sale. I have had three people contact me to see if I am selling my mining operation. I am not, scammers are using my pictures as bait. I will let everyone know my exit point and when I am selling my equipment, so if you see nine miners all connected in the pron thread those are mine. Please report the people that are using my pictures to scam on this forum to get them banned.

I will never sell anything btc related unless you see a post from me and I will hold up a date/time printed paper to prove my account name and date/time. If anyone is attempting to sell you something have them take a photo with them holding your name, with a time/date and their name for proof in a photo. If they do not do so, they are not to be trusted and should be reported to the mods.