randy8777
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Activity: 896
Merit: 1000
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November 12, 2015, 12:52:12 PM |
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Looks like it is moving around abit now but far from expectations from what everybody is saying it will reach so high by month's end.
Somebody mentioned btc being $160 at the beginning of the year. I never really recall it being that low. And it is a bit of shocker when you think about it where we are as of now.
this just shows that the bitcoin price is going through a heavy roller coaster. people simply don't know what will happen, that is wat makes it interesting for traders. if you hold for the long term, then current price doesn't matter that much for you. |
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ShetKid
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November 12, 2015, 04:28:56 PM |
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Looks like it is moving around abit now but far from expectations from what everybody is saying it will reach so high by month's end.
Somebody mentioned btc being $160 at the beginning of the year. I never really recall it being that low. And it is a bit of shocker when you think about it where we are as of now.
this just shows that the bitcoin price is going through a heavy roller coaster. people simply don't know what will happen, that is wat makes it interesting for traders. if you hold for the long term, then current price doesn't matter that much for you. It does if the price in long term goes towards single digits  Satoshi himself said that in 20 years it will either be huge or dead. Most of the price swings have been manipulation, so 100$ might just be the correct price for it in long term. |
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lexuz
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November 12, 2015, 10:00:55 PM |
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It's looking less and less likely that we will see 500 any time soon.
It will take a long time for btc to cool down from the recent mini bubble. We are going to, at best, stagnate around 300-330. At worst, we will slide right back down to 250 or lower.
I've been saying for a while that we won't see bitcoin going to the moon like it did two years ago when it shot up to 1200. It slid all the way down to 160 early this year. We have recovered a bit and now we are at 320 today. You can say we doubled our money this year, never mind that we lost 80-90% over the last two years.
I agree totally. If the bitcoin price stable around 320+-20%, it is very good consolidation. If this consolidation can last several months, it is even better. It builds a solid foundation for the price rise in the next stage. We do not want big bubble. Mini bubble is fine as long as good correction soon after the bubble. Like before we strong in range $220-$230 maybe now is like that. Hope so and next step is bitcoin price strong in range $400-$440 |
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Shiver
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November 13, 2015, 05:13:48 AM |
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I'm torn in two directions with the price behaviour. I've nailed my colours to the mast and said that I'd like to see slow and steady average gains. Even an average of $2 a day would be a spectacular investment compared to most out there, but I'd like to believe it was because BTC passed the acid test as a valuable tool, and not primarily because of speculation causing rapid and extreme changes.
On the other hand, I can't help feeling good when I wake up and see that it's made a good gain overnight, even though it's probably against it's better future for wanting it to be taken seriously.
I look at USD comparison as a thermometer of popularity/confidence, and nothing to do with using BTC to make USD gains. If I did feel the market was toppy I'd prefer to move into a precious metal while it cooled down, then jump back in and hopefully buy more BTC with the difference. I've never been a speculative BTC trader before, but depending on what personality the market develops in coming years I may do that occasionally. Or maybe not.
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Possum577
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November 13, 2015, 06:35:42 AM |
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Technical milestones are based on previous levels of resistance. We hit $500 and it dropped. Our next milestone is to break $500. After that, look back at the charts for the next highest peak (in the $600s somewhere), and so on.
The speculation and predictions gets really tough when we hit new all time highs...we have a ways to go though before we get north of $1000.
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azguard
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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November 13, 2015, 11:18:02 AM |
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Looks like it is moving around abit now but far from expectations from what everybody is saying it will reach so high by month's end.
Somebody mentioned btc being $160 at the beginning of the year. I never really recall it being that low. And it is a bit of shocker when you think about it where we are as of now.
this just shows that the bitcoin price is going through a heavy roller coaster. people simply don't know what will happen, that is wat makes it interesting for traders. if you hold for the long term, then current price doesn't matter that much for you. It does if the price in long term goes towards single digits Satoshi himself said that in 20 years it will either be huge or dead. Most of the price swings have been manipulation, so 100$ might just be the correct price for it in long term. with 100 you can resolve even power consumption on miner if you have mining power of 1 btc think that this range is current price is optimal all have gain you have to pay anything and you will have some for profit |
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harizen
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For support ➡️ help.bc.game
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November 13, 2015, 11:25:30 AM |
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It's looking less and less likely that we will see 500 any time soon.
This kind of words really annoys me. How come people will think of lesser chance of getting it high just because the price decreases. How about the last rally. The price are roller coaster at 260-280. Is anyone expecting it a boost of up to 500? The target is just 300-350 by November but it surpass the expectations. I see more dumpers this Christmas season that will change the volume because of season of givings lol. The price might decrease upon entering 2016. Just a speculation. Im not an expert. |
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OrientA
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November 15, 2015, 12:00:25 AM |
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It's looking less and less likely that we will see 500 any time soon.
This kind of words really annoys me. How come people will think of lesser chance of getting it high just because the price decreases. How about the last rally. The price are roller coaster at 260-280. Is anyone expecting it a boost of up to 500? The target is just 300-350 by November but it surpass the expectations. I see more dumpers this Christmas season that will change the volume because of season of givings lol. The price might decrease upon entering 2016. Just a speculation. Im not an expert. If the price stay around $300 in November and Early December, we have more chance to see price above $500 in late December or January next year. We need the stable price to give bitcoin more credential as a currency. Volatility kills a currency. |
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Pab
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November 15, 2015, 01:16:50 AM |
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If btc will stabilise on 310-330btc we will have next attack on 520$ breaktrough level, Longer time will stay on current level more chance to pass 520$ level and stay above
I dont believe that there is no real inflation in USA and Europe.Maybe btc price is targeting that
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OrientA
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November 15, 2015, 01:24:56 AM |
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If btc will stabilise on 310-330btc we will have next attack on 520$ breaktrough level, Longer time will stay on current level more chance to pass 520$ level and stay above
I dont believe that there is no real inflation in USA and Europe.Maybe btc price is targeting that
I agree with that. It is consolidation time after the push to $500 and come down to $295. The longer the price stay within the 320+-20%, the better for the future price rise. The longer the price is within the range, the higher the price will go after break through. |
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Amph
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Activity: 3206
Merit: 1069
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November 15, 2015, 09:06:05 AM |
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wait, the title should be changed because we already did it, 500 was touched at least if you're taling about stable value, then probably not anymore, now it's the bear tard time again...
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1Referee
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November 15, 2015, 10:59:30 AM |
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wait, the title should be changed because we already did it, 500 was touched at least if you're taling about stable value, then probably not anymore, now it's the bear tard time again...
We have been stuck at $220-$240 for such a long time. We are now sailing above $330 which is a great achievement. Especially if you consider that it could easily stay below $300 for another few months. Look at the bigger picture, and you'll see that we are advancing nicely. That doesn't look like bear tard time at all  |
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talks_cheep
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Activity: 1036
Merit: 1000
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November 15, 2015, 01:11:11 PM |
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As the glow from recent price run-up fades, we are facing a bear market once again. BTC will not reach $500 during Nov'2015. However, March'2016 is a different story.
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BitMaxz
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Block halving is coming.
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November 15, 2015, 01:54:14 PM |
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I think for now. Bitcoin price will not climb again in $500
It will play around $320-$350 its quite stable until month ends. But that's my speculation.Maybe the price again will climb again above $500..
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MissionPhailed
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November 15, 2015, 02:00:19 PM |
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I'm beginning to think too that another $500 is out of reach this november. Price is now moving sideways and there isn't really a 'trigger' (positive news and such) to initiate another spike. The market has cooled down for the moment, and unless another 'artificial' pump is started, this probably won't change for the time being.
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smith coins
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November 15, 2015, 02:09:01 PM |
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I consider that the target of $500 is far away from bitcoin current price.
It can be reached maybe next year because this year i don't expect any pump.
Many new traders learned many lessons during the last pump/dump so maybe next year $500
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Amph
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Activity: 3206
Merit: 1069
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November 15, 2015, 02:39:49 PM |
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wait, the title should be changed because we already did it, 500 was touched at least if you're taling about stable value, then probably not anymore, now it's the bear tard time again...
No, the title does not have to be changed because we have not touched the figure of 500 in November and November also still long. P we did it in one exchange i remember, it also surpassed a bit, it was 502 if i'm right, it should be counted remaining above 500 is another story, i hope it will not require the same time frame of the 300 wall.... |
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HarryKPeters
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November 15, 2015, 02:40:32 PM |
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Like i expected the price is on a downwards stream again.
Probably the price will go for 300 - 350 usd for the coming weeks, from where a new price will be determined by the market.
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smith coins
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November 15, 2015, 02:44:12 PM |
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Like i expected the price is on a downwards stream again.
Probably the price will go for 300 - 350 usd for the coming weeks, from where a new price will be determined by the market. The bitcoin price is already between 300 - 350, I think that if big chinese exchange want they can easily pump the price to $350. And that could be possible within few hours as we saw last time how fast can the price being manipulated. |
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98problems
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November 15, 2015, 04:07:05 PM |
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its impossible to do it right now in my opinion it would be good if it would reach at least 400 right now when the price dropped like that
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