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Author Topic: $222 PRICE OF BTC  (Read 1811 times)
neochiny (OP)
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August 24, 2015, 06:56:45 AM
 #1

today the price of btc is 1btc=$222 .. do you think guys what is the lowest rate of btc will become before it goes up again? and reason...

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NorrisK
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August 24, 2015, 07:00:29 AM
 #2

The bears are becoming more active again. Some even say we can go as low as low 100 or even double digits before the end of the year.

Personally I still think we will get a nice boost to 400-500 though.
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August 24, 2015, 07:03:46 AM
 #3

Based on whats been happening this past week, probably further down. Long term though BTC is looking to go up again, since the downtrend is slowing slightly.

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August 24, 2015, 08:04:34 AM
 #4

I think in next couple of months btc will be going down slowly and it may go back to around 150 range. Now the whole btc sentiment is very negative until some good news come out on btc prices doesn't look like will go up. I feel now just wait and watch for some time before even start averaging it.

I don't believe in very long term plans for bitcoins because after falling from 1000+ never looks prices ever ready to reach around 500 range. Its been already more than a year.

So watch out before buying.
boopy265420
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August 24, 2015, 08:12:04 AM
 #5

This is very uncertain situation and unfortunately indicators are not in favor of buying at this moment.We can see further down fall of price till 200$ and I don't think it will be under this price.In short period of time no sign to see rises in price.Positive thing is downtrend has slowed down.
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August 24, 2015, 08:23:47 AM
 #6

This is very uncertain situation and unfortunately indicators are not in favor of buying at this moment.We can see further down fall of price till 200$ and I don't think it will be under this price.In short period of time no sign to see rises in price.Positive thing is downtrend has slowed down.

That's just wishful thinking. We are still sliding down the 'classic' 3-5% per day :/

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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August 24, 2015, 08:28:00 AM
 #7

today the price of btc is 1btc=$222 .. do you think guys what is the lowest rate of btc will become before it goes up again? and reason...

I am really afraid to say it could never go up again ..... the trend is Descending for long time ......... there is no lowest price at Downtrend ....... for going up we need see resistance $700-850 again .... going up is Heavily depend on news .......... in future what will happen ? no one knows
So ready for lower prices .........
randy8777
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August 24, 2015, 08:37:36 AM
 #8

at this point the bottom is $200 so it is possible to see it trying to go below that. support there seems to be fairly strong, but you never know. a large dump can get things down quickly.
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August 24, 2015, 09:18:45 AM
 #9

My fear is that we're getting to a point, likely sub-$200, where BTC isn't viable to mine even with very efficient ASICs and cheap power. I fear we're coming to a point where the big mining ops in China are going to start cutting capacity, making the confirmations on exchanges longer (because of less available mining capacity). The good news is this will cause a lot of the mid size and smaller players to cash out their equipment, so you can get some decent rigs for next to nothing. The bad news is that these kind of things typically take a long time to rebound, if they do.

I know my cut-off point is at $180. At that point, even with my cheap power and my paid off S5s, there's no way I could continue mining. I may let it go a bit longer (at a loss) to support the process, but it's something I don't see being sustainable as a miner (for me anyway).

I'm hoping I'm wrong. Well, more specifically, I'm hoping it hits $200, I get a bunch of S5s for $100 each, and then it rebounds to a bajillion dollars a BTC. Wishful thinking...

Denis
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August 24, 2015, 09:27:17 AM
 #10

It will go down to about 150-180 dollar per bitcoin after that we will see a boost that will bring bitcoin upto 350+ dollar per bitcoin, I will expect that in the end of this year or start of 2016.

Regards,
Joust

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August 24, 2015, 09:37:15 AM
 #11

It seems that it will go down under 200$ and then will rise for 300$ plus in couple of months.At this moment there is no buy support/demand so more and more adoption and accessible price for everyone.Bitcoin needs price stability.
neochiny (OP)
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August 24, 2015, 10:27:18 AM
 #12

It will go down to about 150-180 dollar per bitcoin after that we will see a boost that will bring bitcoin upto 350+ dollar per bitcoin, I will expect that in the end of this year or start of 2016.

Regards,
Joust

hi. do you have any basis that it will really go down to 150-180? are you really sure about this? and how accurate do you think is your speculation? can you share us? thanks

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lexuz
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August 24, 2015, 11:40:35 AM
 #13

What the issue coming up can make price drop fast again. Anyone know what the reason price drop. i need who good in prediction if he/she say price drop i will sell my bitcoin
joust
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August 24, 2015, 12:07:54 PM
 #14

It will go down to about 150-180 dollar per bitcoin after that we will see a boost that will bring bitcoin upto 350+ dollar per bitcoin, I will expect that in the end of this year or start of 2016.

Regards,
Joust

hi. do you have any basis that it will really go down to 150-180? are you really sure about this? and how accurate do you think is your speculation? can you share us? thanks
I dont know why, but i think it because btc always goes down a bit and then rises again, if u look at weekly charts. I think it is mayby 20$ edge of my speculation, so it could be high 100(170-190).

Regards,
Joust

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August 24, 2015, 12:20:35 PM
 #15

Nobody really knows how low btc will go. One thing's for certain, btc always does the opposite of what everyone's expecting. So, btc TO DA MOON!!!

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August 24, 2015, 12:23:21 PM
 #16

The bears are becoming more active again. Some even say we can go as low as low 100 or even double digits before the end of the year.

Personally I still think we will get a nice boost to 400-500 though.

Tbh both things could happen, if we did drop its a great chance to shoot up again.  The whales control the price and are going to want decent returns when they push the market back up.
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August 28, 2015, 06:33:36 AM
 #17

The bears are becoming more active again. Some even say we can go as low as low 100 or even double digits before the end of the year.

Personally I still think we will get a nice boost to 400-500 though.

sure you right lot of people here of forum said the same but if btc break 300 it will go over 500$ in no time but seem like 300 is hard to break also more likely it will go down below 200 in next month or two the it will start to rise again.



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August 28, 2015, 06:39:46 AM
 #18

today the price of btc is 1btc=$222 .. do you think guys what is the lowest rate of btc will become before it goes up again? and reason...

I think you can read this analys before take action Smiley
http://www.newsbtc.com/2015/08/28/bitcoin-price-technical-analysis-for-2882015-indicators-turning-positive/

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August 28, 2015, 07:06:03 AM
 #19

Too early, I'm not buying yet. Wake me up when it is 125$ or January.
randy8777
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August 28, 2015, 08:58:47 AM
 #20

Too early, I'm not buying yet. Wake me up when it is 125$ or January.

you do understand that the closer we come to the block halving, the more likely it is we see the price go up, right? don't wait too long with buying.
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