Going to bed, will BTC be $500 or $300 when I wake up?

[WhatTheGox]

9.51 am Europe time and we are seeing 371$ on finex and 408$ on Huobi (China).
Even the crash didn't reduce the spread between China and the rest of the world.

Next 24 hours will be interesting, looks like it might be picking back up from here.  Probably hold at around $400 for next few days though.

[romjpn]

The market looks hesitant. No one know it if will crash more, go up slowly, go up pumping style or stabilize. Really have no clue. Unfortunately today I overestimated the rebound and I'm stuck with a too high sell order.   But I'm not too worried.

[~Bitcoin~]

Title says it all. Have no idea what the price will be in 8 hours but am sure it will either be up a lot or have crashed further. Which is it?

For the moment it is in the middle. I think that the question that we must ask it is not what price will have bitcoin when I wake up but if bitcoin will have the price which has when I want in bed when I will wake up. This is the most important thing. Bitcoin must have the power to maintain its achievements. otherwise will be always a speculation currency.  

Yes i am with you, if people see lots of unstability on bitcoin price lots of newbie get panic and start to sell when bitcoin price start to fall which make it fall further. And i think the one who are buying this time are from china and most of them seems to be newbie on bitcoin trading. So i think that is the reason bitcoin can't cross the 500 mark barrier last time.

[anthonycamp]

9.51 am Europe time and we are seeing 371$ on finex and 408$ on Huobi (China).
Even the crash didn't reduce the spread between China and the rest of the world.

Next 24 hours will be interesting, looks like it might be picking back up from here.  Probably hold at around $400 for next few days though.

not just the 24 hours but the all month will be proud to see if it gets again to 500$ the november month its the sable month and the christmas its comming soo its like just 300$ in 31 december not more

[amiryaqot]

Price is getting correction at this stage after this will be up again but as i think it will be more like around $380-$410 when you will wake up, first price needs to get stable above $350 than there will be next phase.

[Mickeyb]

Title says it all. Have no idea what the price will be in 8 hours but am sure it will either be up a lot or have crashed further. Which is it?

I have felt the same way as you did last night. Even at this moment I don't know where is this headed. I would like that we form a solid floor and that we don't go under this. I would like this even more than to have another crazy surge.

I think this is more important, just not to waste this run and get back to the beginning.

[uki]

It'll crash further, trust me. Everyone will still have the time to get cheaper coins before this train leaves the station.

it went too damn fast and anyway 500 was always the second barrier, too much sell pressure there, next time we will break it, and the new mental barrier will be the ath

until then i'm enjoying a 400 per btc

I think $350 seems like a reasonable target. I was expecting the rally to stop there on the way up. we overshoot by a mile to $500 and thus now the normal thing is to correct to reasonable levels. Important thing is however, that the initial buy signal has been sent and now there should be plenty of interested buyers before halving.

[vmatheboss]

man....its really going down hard..... 

[goose20]

man....its really going down hard..... 

Okcoin is down...hmmm is it a legit attack???

[romjpn]

Yes the market turned quite bearish in the last few hours. Let's see if it's a trap or if the bubble really popped at 500$ (that would be disappointing regarding Bitcoin's history   ). The charts looks like the bubble ended (fear mode).

http://blogs-images.forbes.com/jessecolombo/files/2014/02/stages_bubble.png

[vmatheboss]

man....its really going down hard..... 

Okcoin is down...hmmm is it a legit attack???

pump n dump from china....now people here are scared and probably selling off what they can still profit.... let see what happens tomorrow..... i lost some good money cuz i bought at mid 400's last night.... damn

[rocks]

Looks like the poll voting was right, its $390 now. Thanks for voting

[n2004al]

Title says it all. Have no idea what the price will be in 8 hours but am sure it will either be up a lot or have crashed further. Which is it?

I don't know for which day your talking about. If you have in mind only the day in which you opened this thread then the life of this thread is already ended. No meaning to write again in it. But I don't think so. The meaning I have for this thread it is the wake up of every day. So, what will happen with the price of bitcoin every day when I wake up. And how is the today price compared to the previous ones of the last days. In this way we can have more data about the price and more data about the verification of our hopes about it. In this point of view I think that these days we are yet in a good point. There are several days in which we wake up with almost the same price of bitcoin. But that is higher the price in which began the "storm". This is a significant verification of one of the most important hopes we have for it. If it will continue in this way have no sense to make again your question. Because anyone will know already one day before the answer.

[MaxTax]

Ever since the bitcoin has moved up to $502, I haven't woken up to a $500 ever since.

Just around $300. Going to sleep again with my bitcoins, maybe tomorrow.

[Denker]

Ever since the bitcoin has moved up to $502, I haven't woken up to a $500 ever since.

Just around $300. Going to sleep again with my bitcoins, maybe tomorrow.

Haha.
I guess you will need many many more nights and sleep before you will see the 500 in the morning again.
If you are able to do hibernation, this could be the way to wake up and see the $500.

[LuckyYOU]

Good to see the most people got some sense and chose the right option.

In my defense (i chose 500) I thought we had momentum and aimed for the top.

[randy8777]

Ever since the bitcoin has moved up to $502, I haven't woken up to a $500 ever since.

Just around $300. Going to sleep again with my bitcoins, maybe tomorrow.

we will wake up and see the price maintain at the $330 price level for quite a long time i think. if we manage to not go sub $300 then we will advance to over $400 with the next rally.

[NorrisK]

It is good to build a new stable floor before we continue further. The more people think this is the normal price, the more it will be normal and the less will be sold at this level as it is considered normal.

[asradoni]

It is good to build a new stable floor before we continue further. The more people think this is the normal price, the more it will be normal and the less will be sold at this level as it is considered normal.

The price fluctuates around £330 for about 4 weeks now. This has created a floor of the price. It might be broken either way.

[Dolmater]

From the middle of November, the price is aound $320. The volatility is quite low. This is a good sign, meaning the market recognize of the new price range.