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Erzatium
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March 24, 2016, 06:59:01 PM |
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i change my mind now because when the price down again to $313 i thought the price will not rise again but i was wrong today we back to $335 and pretty close to $340 and i think we will reach to $350 in the near future
There is no point of predicting bitcoin price day in day out. As long bitcoin is used more, the price will rise later. I dont think that the value will going down now. You see that the value is a bit stable so that is very good. The halving is also coming and you dont know what is going to happen with that with Bitcoin. So we should just have to wait for what will happen with Bitcoin. |
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mickiya
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April 01, 2016, 10:47:18 AM |
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If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each bitcoin. So $350 will be the bottom.
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n0ne
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April 01, 2016, 01:38:06 PM |
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It looks to be a old post. At present from $415 we won't touch the quoted barrier. The price might increase when days pass and at times if it falls might touch $385 as the lower limit.
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European Central Bank
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Activity: 1288
Merit: 1087
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April 01, 2016, 01:43:13 PM |
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There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable.
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Heartilly
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April 01, 2016, 01:44:32 PM |
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There ain't no barrier. It'll move wherever the market wants. That could right up on high or lower than feels comfortable.
Exactly. Bitcoin Price has no barrier. I think the best term here is building support from "that" level. Anyways this thread is old now. |
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Amph
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April 01, 2016, 02:47:30 PM |
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If your electricity price is $0.2 /kWh, the cost of mining with the most efficient existing miner is $420 each uᴉoɔʇᴉq. So $350 will be the bottom.
you must base this on the cost of electricity of farm which is 0.05 or lower, so their bottom is not 350, but 1/4 of that, which is 90(probably more due to diff increasing, i can assume 150-200) |
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maokoto
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April 01, 2016, 02:48:32 PM |
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I think there is kinda like an invisible barrier at around 407-410 and other at 424 or so. Price is not moving outside those two barriers for a while now.
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Kollor
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April 02, 2016, 04:56:10 AM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
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mickiya
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April 04, 2016, 07:29:32 AM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. |
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Mulzatas
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April 19, 2016, 03:51:14 PM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. |
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Osinarad
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April 25, 2016, 07:00:24 PM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. |
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Vaskiy
Legendary
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Tontogether | Save Smart & Win Big
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April 26, 2016, 02:09:25 AM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. Yes we saw a good price rise in the previous weeks. The price staggered around $400 for few days and now started moving indicating the start of halving, hope $400 will be the barrier and not below. |
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KennyR
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April 26, 2016, 10:39:25 AM |
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This was made last october.. So I think OP is right, the price $350 was now a barrier, we've tested it last price drop on January, the price go near it but it never crossed that and even can't touch it and it goes back to $360+ and then back slowly to where it is right now..I hope this halving, the $400 would be the new barrier, but I don't think that it would happen easily..
The $400 level has been tested several times, and it is not breached. If the price is still above $400 in the next few weeks, $400 will be the long term bottom. The bitcoin price has been in consolidation status for some time. It will finish the consolidation and go up quickly. The price of bitcoin has risen steadily in the last few weeks. That is the result of the consolidation in the past. With the steady growth as mentioned the price is getting more closer to $500. So right now its time for making additional profit. |
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richkellj
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April 26, 2016, 11:27:08 AM |
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$500 is the next barrier for bitcoins. It will be done within 15 days  |
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chaser15
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April 26, 2016, 11:32:41 AM |
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Yes we saw a good price rise in the previous weeks. The price staggered around $400 for few days and now started moving indicating the start of halving, hope $400 will be the barrier and not below.
Actually $400 is really stabilized by the early quarter of the year if only Mike Hearn's drama didn't enter the scene also with the Cryptsy issues. If that bad news didn't happen maybe we are in $500 now and how much more before halving. |
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Mulzatas
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April 28, 2016, 04:04:19 PM |
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The price is trading between $468 to $436 in the last week. So the range of trading has moved up a bit.
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silentkiller
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April 28, 2016, 04:10:40 PM |
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445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins,
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FabioDelcatto
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April 28, 2016, 04:48:25 PM |
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We will not go to that low as you can see now you see also that the value is not even reducing so that is quite nice for Bitcoin itself and the most are hoping that the value will be more soon.
And they want that because they want to earn some profit with it and that should be perfect for them.
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romero121
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April 28, 2016, 05:15:10 PM |
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445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins,
I too think this sudden fall happened just to increase the circulation. Circulation happens only if we sell or use the accumulated bitcoin as quoted by above buddy. Soon after days we can see the rise when half of the accumulation gets released. |
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richardsNY
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April 28, 2016, 05:18:44 PM |
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445$ is the new barrier at the moment, no one could beat this stable price ,,unless all of us will try to sell our stored bitcoins,
For now it seems the $435 level is the barrier as it didn't go below that on all exchanges yesterday. We don't know what will happen in the next days with the price. It may go down even further. |
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