richardsNY
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October 31, 2015, 02:14:07 PM |
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It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term. |
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thejaytiesto
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October 31, 2015, 02:24:48 PM |
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It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term. Every long term starts somewhere. It could have started right now. A solid and stable uptrend until in June we have an huge panic selling rally pushing Bitcoin to 5K a coin is perfectly possible given the current coordinates. I might suggest that you keep stacking Bitcoin at any price under 500 dollars, then start buying slower but steady. |
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Snorek
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October 31, 2015, 02:35:21 PM |
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It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
We still have 38 weeks until halving. Many of us are expecting it to be major point is bitcoin price history. But bitcoin prosperity right now is good. There is no bad news, only slightly positive ones, bitcoin is being accepted slowly but surely. |
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jaysabi
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October 31, 2015, 02:48:48 PM |
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It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
Nothing the comming year 2016 will show what the price is up to in the very longterm. Currently everything you see is short term. Every long term starts somewhere. It could have started right now. A solid and stable uptrend until in June we have an huge panic selling rally pushing Bitcoin to 5K a coin is perfectly possible given the current coordinates. I might suggest that you keep stacking Bitcoin at any price under 500 dollars, then start buying slower but steady. Bitcoin community in a nutshell: price rises 30%, suddenly people are talking about how "reasonable" or "possible" another 1500% rise is. Stay grounded in reality my friends! |
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OccidentalCoin
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October 31, 2015, 05:40:35 PM |
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Bitcoin community in a nutshell: price rises 30%, suddenly people are talking about how "reasonable" or "possible" another 1500% rise is. Stay grounded in reality my friends!
We can always find justification for price rise if the price has risen and vice versa. This time the price rise could be related to next year's halving. |
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frank26
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October 31, 2015, 05:45:47 PM |
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Yah the price of bitcoins in dollars increasing at very faster rate and probably it will increase till next year july.
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dothebeats
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October 31, 2015, 06:14:39 PM |
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Yah the price of bitcoins in dollars increasing at very faster rate and probably it will increase till next year july.
It's struggling to go up, actually. Look at the price now. It seems that the fuel has somewhat ran out for this trip. Next week, we'll be able to aee whether we will continue going up or not. |
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smith coins
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October 31, 2015, 09:08:34 PM |
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I think the problem here is whether it can maintain the level it has reached right now. This is not the first time that after it has breached the 300 level we saw some quick selling going on that eventually pulled the price back to the 220 to 240 range. Let's see if it will be different this time.
I believe this time bitcoin may do different things as it has progressed to this level with high volumes than last attempts. It means it has enough reasons to stay there at $300 levels for some time. Sustaining above $300 is more important for further price movement. The price is going back bellow than $300. At the moment it is 298 as shows on coindesk bitcoin price chart. I think it should take the highest level on November or December for this year that can be sure yet as the price climbing faster than normal is a sign of unstability. We cannot sure what will happen with it. And the halving is coming soon too so this is unpredictable Well since the price is dropping too much today, I hope that it will stop at least at 300 dollars because it would be a huge dump. What i really notice now is that the exchange rate for alt coins has been increased a bit. |
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OccidentalCoin
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October 31, 2015, 09:38:09 PM |
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Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.
The price for litecoin, Ethereum, Dash and many other altcoins also dropped. Maybe it is consolidation time. |
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smith coins
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October 31, 2015, 09:40:18 PM |
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Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.
The price for litecoin, Ethereum, Dash and many other altcoins also dropped. Maybe it is consolidation time. Well most of other coins (alt coins) are directly depended from bitcoin price. When the bitcoin price is increased their price is also increased. The difference is in the exchange rate sometimes which makes some lost exchanging to bitcoin. I think that we all agree that the price of this month was the highest of year and we hope for more in upcoming weeks. |
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BitcoinBlackjack
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October 31, 2015, 10:34:41 PM |
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Fingers crossed that it keeps going higher! Impossible to predict unfortunately
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Amph
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November 01, 2015, 08:17:33 AM |
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Well since the price is dropping too much today,
I hope that it will stop at least at 300 dollars because it would be a huge dump.
What i really notice now is that the exchange rate for alt coins has been increased a bit.
The price for litecoin, Ethereum, Dash and many other altcoins also dropped. Maybe it is consolidation time. Well most of other coins (alt coins) are directly depended from bitcoin price. When the bitcoin price is increased their price is also increased. The difference is in the exchange rate sometimes which makes some lost exchanging to bitcoin. I think that we all agree that the price of this month was the highest of year and we hope for more in upcoming weeks. this is possible because the same bot are playing on every market, thus they have the same money spreaded on multiple exchange, this mean that they manipulate everything in the same way otherwise altcoin should increase when bitcoin decrease some times, but it only happen very rarely |
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uki
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November 02, 2015, 12:24:30 AM
Last edit: November 02, 2015, 11:18:08 AM by uki |
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It is too early to be very positive about current prices. It does not show long term rise to higher points.
Just hold your breath guys. It is still early. Be ready for downwards trend.
We still have 38 weeks until halving. Many of us are expecting it to be major point is bitcoin price history. But bitcoin prosperity right now is good. There is no bad news, only slightly positive ones, bitcoin is being accepted slowly but surely. That is even worse then. If, with all that positive news and halving in not so distant perspective, we are still hardly above $300. My point being, it is still too early to call it a bull market. Very much it will depend on how we react for the coming correction. whether it will stop around $300, or we go back to the previous range-bound area. |
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iv4n
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November 02, 2015, 01:40:06 AM |
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Bitcoin need to find its true value. More and more people, companies are getting interested in the benefits of cryptocurrency for the future. Every day the bitcoin grows and adoption increases (everyone of us work on some way for that), so it`s perfectly logical to assume that bitcoin will worth much more. In the end I will stay positive about this and future rise`s of bitcoin price.
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OccidentalCoin
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November 02, 2015, 06:30:04 PM |
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Bitcoin need to find its true value. More and more people, companies are getting interested in the benefits of cryptocurrency for the future. Every day the bitcoin grows and adoption increases (everyone of us work on some way for that), so it`s perfectly logical to assume that bitcoin will worth much more. In the end I will stay positive about this and future rise`s of bitcoin price.
I agree the above assessment. It will take some time for bitcoin to be adopted widely and we have to promote the idea of bitcoin. |
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ANdr0id
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November 03, 2015, 01:29:24 AM |
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Bitcoin need to find its true value. More and more people, companies are getting interested in the benefits of cryptocurrency for the future. Every day the bitcoin grows and adoption increases (everyone of us work on some way for that), so it`s perfectly logical to assume that bitcoin will worth much more. In the end I will stay positive about this and future rise`s of bitcoin price.
It rising to new levels now just lost it's buzz. It just seems like the norm now seeing it rise $25-30 in the last 24hrs is not new news. It is just a buzz kill for the ones that missed buying up last week.  |
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OccidentalCoin
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November 03, 2015, 09:39:23 PM |
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The price will keep on rising as the main stream news media are reporting the rise, that will fuel further rise.
I hope the price will rise slowly.
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jaysabi
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November 06, 2015, 02:20:50 AM |
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The price will keep on rising as the main stream news media are reporting the rise, that will fuel further rise.
I hope the price will rise slowly.
Slow and steady would probably be more sustainable than rapid increases. But everyone thinks Bitcoin is going to make them rich, which is why you have rapid crashes, like the $80 drop we've seen in the last 24 hours after a rapid rise to almost $500 this week. This kind of rapid rise isn't sustainable, and you get these dramatic drops when people get scared of holding the bag when another bubble bursts. |
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zodiac3011
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November 06, 2015, 05:24:46 AM |
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many price changes happen in the last 24 hours. Bitcoin is not stable at all thanks to the media telling that bitcoin's price is high
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davinchi
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November 06, 2015, 06:04:21 AM |
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The price will keep on rising as the main stream news media are reporting the rise, that will fuel further rise.
I hope the price will rise slowly.
Slow and steady would probably be more sustainable than rapid increases. But everyone thinks Bitcoin is going to make them rich, which is why you have rapid crashes, like the $80 drop we've seen in the last 24 hours after a rapid rise to almost $500 this week. This kind of rapid rise isn't sustainable, and you get these dramatic drops when people get scared of holding the bag when another bubble bursts. Yes only slow and steady will win the race. If bitcoin claimb slowly towards higher prices then we can expect more sustaining higher prices. If bitcoin goes into higher places in two days then we might need to see lower prices in third or fourth day. |
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