We're on the knifes edge

[frenulum]

+1 on the stress test. Really curious to see how that works out.

[n2004al]

I for one am really uneasy about the price right now, I feel like its a good buy opportunity, the best buy opportunity in a while actually, but at the same time I'm not sure there is enough buy support to even hold $200.  I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

So why would now be a good buy, and what reasons (actual reasons, not just "because were going to the moon") are there for the price to stabilize and continue upward?

Attention !!! There are thoughts that the price will go more down. See with yourself if maybe it will be better to wait a little more because maybe you will arrive a better price.

[g-unit]

Not likely to go much lower. Very strong resistance at $200. You could hope for $150 at the VERY best.

[MF Doom]

Not likely to go much lower. Very strong resistance at $200. You could hope for $150 at the VERY best.

yeah, for a while I was thinking double digits was possible, but I was unaware about the miner "break even" point being arund $180.  Makes me think we can bounce back down there, but then quickly bounce back up to this range of $220-$230

[g-unit]

Not likely to go much lower. Very strong resistance at $200. You could hope for $150 at the VERY best.

yeah, for a while I was thinking double digits was possible, but I was unaware about the miner "break even" point being arund $180.  Makes me think we can bounce back down there, but then quickly bounce back up to this range of $220-$230

Exactly, and even if we touch $150, it'll boomerang back up right away. Nothing to worry about. The only thing that could destroy BTC is if a technical flaw was discovered that couldn't be fixed.

[HarHarHar9965]

Not likely to go much lower. Very strong resistance at $200. You could hope for $150 at the VERY best.

yeah, for a while I was thinking double digits was possible, but I was unaware about the miner "break even" point being arund $180.  Makes me think we can bounce back down there, but then quickly bounce back up to this range of $220-$230

Exactly, and even if we touch $150, it'll boomerang back up right away. Nothing to worry about. The only thing that could destroy BTC is if a technical flaw was discovered that couldn't be fixed.

history being a proof of the words I speak, there is no technical flaw which cannot be fixed. Either it could be a challenge and the people who were designated responsibility of the project could turn to total kids and debate, go against the very fundamentals and create a new application which is a direct competition to the program, disrupting its core ideology. yeah, btc xt users can even be tracked so good luck to everybody jumping from core, good luck with that.

[Monopoly]

 I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

No ... we are not on the edge of knife ............ there is not any hard buying anymore ....... we are in a Downhill ..........

[MF Doom]

I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

No ... we are not on the edge of knife ............ there is not any hard buying anymore ....... we are in a Downhill ..........

I've seen your posts, they are beyond bearish.  I think we are back to a flatline, not downhill

There is buying going though, just a week ago we were down to the $210 range, now were back at $230.  There is buy support, just not enough to support going back to $250

[g-unit]

When we crash below 200 and stay there, that will be downhill. Not a 20 dollar fluctuation. Smh.

[mrhelpful]

When we crash below 200 and stay there, that will be downhill. Not a 20 dollar fluctuation. Smh.

I dont get how thats a crash, wouldnt the crash imply that the value is worth nothing pretty much $1 or zero value.

If its $200 it just means that people arent willing to sell off since we all holding it to percieve value.

[techgeek]

I for one am really uneasy about the price right now, I feel like its a good buy opportunity, the best buy opportunity in a while actually, but at the same time I'm not sure there is enough buy support to even hold $200.  I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

So why would now be a good buy, and what reasons (actual reasons, not just "because were going to the moon") are there for the price to stabilize and continue upward?

Attention !!! There are thoughts that the price will go more down. See with yourself if maybe it will be better to wait a little more because maybe you will arrive a better price.

Is this based on the bitcoin split and people murming about bitx and how users will force to use the new wallet?

Or more on the whole how the bitcoin halving..

[malphite]

When we crash below 200 and stay there, that will be downhill. Not a 20 dollar fluctuation. Smh.

I think the trend started awhile back but recovered so its hard to tell.

I dont check the price like every day, but if I see it around same price each week its taking time to decline for the 200 mark.

[talks_cheep]

Are we still on the knife's edge? If not, please let this thread die...

[g-unit]

Are we still on the knife's edge? If not, please let this thread die...

We never were bro.

[randy8777]

Are we still on the knife's edge? If not, please let this thread die...

We never were bro.

every one sees it in a different way. for one it may look like bitcoin is going to fall real hard, and for the other nothing has changed.

[goosoodude]

I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

No ... we are not on the edge of knife ............ there is not any hard buying anymore ....... we are in a Downhill ..........

I've seen your posts, they are beyond bearish.  I think we are back to a flatline, not downhill

There is buying going though, just a week ago we were down to the $210 range, now were back at $230.  There is buy support, just not enough to support going back to $250

I find it more probable that this is just a dead cat bounce , than it is solid buy support. I still think we're sooner to see ~170-180 price range than to bounce back to >250.
I could be wrong tho, but this seams to me like build up of fake support to fool the buyers, before releasing an another dump. Many will disagree , but i strongly believe the
market is still manipulated.

[g-unit]

I wonder if we break $200, it could be another long fall from there.  Or, if some strong buying happens, we could be in for a run up.  I feel like we're right on the edge and could go wither way.

No ... we are not on the edge of knife ............ there is not any hard buying anymore ....... we are in a Downhill ..........

I've seen your posts, they are beyond bearish.  I think we are back to a flatline, not downhill

There is buying going though, just a week ago we were down to the $210 range, now were back at $230.  There is buy support, just not enough to support going back to $250

I find it more probable that this is just a dead cat bounce , than it is solid buy support. I still think we're sooner to see ~170-180 price range than to bounce back to >250.
I could be wrong tho, but this seams to me like build up of fake support to fool the buyers, before releasing an another dump. Many will disagree , but i strongly believe the
market is still manipulated.

I don't doubt it at all that the market it still heavily manipulated...very easy for whales to do with all of the bitcoin xt fud and bitfinex issues. However, I do believe as the user base keeps growing and we approach the halving, etc etc etc, 4 more years of all this, another halving...we're gonna see the price pushed upwards significantly. Sure, I think we'll still see manipulation during all of this, but the price fluctuations will be at higher levels, so I wouldn't really worry about it.

[Monopoly]

Are we still on the knife's edge? If not, please let this thread die...

No ... We are at the end ... Bitcoin is done

[altcoinUK]

Not likely to go much lower. Very strong resistance at $200. You could hope for $150 at the VERY best.

yeah, for a while I was thinking double digits was possible, but I was unaware about the miner "break even" point being arund $180.  Makes me think we can bounce back down there, but then quickly bounce back up to this range of $220-$230

Exactly, and even if we touch $150, it'll boomerang back up right away. Nothing to worry about. The only thing that could destroy BTC is if a technical flaw was discovered that couldn't be fixed.

Since there is no underlying major design flaw in Bitcoin nor such thing as software bug that cannot be fixed, the only thing can destroy Bitcoin is the government and I think they will destroy it once it is getting popular and start interrupting the tax collection, which will be soon, when the only source of money for government will be the tax revenue.

The governments that has taken the surveillance of citizens to extreme level already will simply not allow that a digital currency will be channelling untaxed money. Right now, with the few million $ per day volume Bitcoin is so insignificant in macro economic terms that it simply does not worth any work from the governments, but once it will be popular (which will be once the sovereign debt crisis unfold and the bond market collapse) then the governments will act.

[mindrust]

The truth is, Killing bitcoin would be the best thing ever hapened.

Because when governments killed bitcoin, it will come again; bigger/longer/uncut/stronger/faster/better.