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Author Topic: BTC Price going back to $250???  (Read 24097 times)
Blawpaw (OP)
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November 06, 2015, 06:48:00 PM
 #1

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???
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November 06, 2015, 06:49:26 PM
 #2

I see a lot of people saying we probably will see the previous prices. Now that the BTC price rise lost steam it is going down again. Do you think BTC Price will go back to $250???

What can we say about bitcoin .I just sent my all btc to exchange and traded @400$ . Well i expect lower then 250 $ Tongue
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November 06, 2015, 06:50:03 PM
 #3

Most definitely now. It has lost it's momentum and is just sputtering as of today. By Monday is my prediction. Any others on the subject of when this will happen  Huh
But it will most definitely will.




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LiteCoinGuy
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November 06, 2015, 06:57:16 PM
 #4

i dont know !!! nobody knows !!!  Tongue

BillyBobZorton
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November 06, 2015, 07:00:34 PM
 #5

Not necessarily. It seems you have no idea about this, we are still above 100+ dollars of the initial price and suddenly 381 which is the current price is slow.. well give it time and it will recover, this is called a correction.
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November 06, 2015, 07:22:28 PM
 #6

nah, tough walls at 300-350 range, there is no dumping there, it's sure that there are panis selelrs now, so staying stable at 400 will be very difficult

anyway this is all peanuts if you're waiting for 1k+
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November 06, 2015, 07:24:17 PM
 #7

I think it will stay above $300, stable between 325-375...so buy now guys Smiley
But noone knows what the next year brings
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November 06, 2015, 07:26:32 PM
 #8

Not necessarily. It seems you have no idea about this, we are still above 100+ dollars of the initial price and suddenly 381 which is the current price is slow.. well give it time and it will recover, this is called a correction.
I thought a this is only considered if the price is at a level for a certain amount of time then rebounds back not after 24 hours as such it has been since the $475 price. That is a certainly a  big correction at $100.

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Fraxinus
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November 06, 2015, 07:32:03 PM
 #9

I guess it will stay at 330-340 level.

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November 06, 2015, 07:33:59 PM
 #10

Yes there is a high chance of that happening. Basically there is no strong evidence of increase demand, and the supply is still at 25BTC/block. So the equilibrium may bring it back to $250.
mr angry
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November 06, 2015, 07:37:35 PM
 #11

Nobody knows, it depends on the real reason for the rally. If it was due to the MMM ponzi and Mavro shuts it down and sells his Bitcoins the price could go low. Perhaps his ponzi was only a small factor in the rally, in which case it doesn't matter if he sells. It could go either way and nobody can say for sure.
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November 06, 2015, 07:38:09 PM
 #12

Let's put it this way.  We already had btc pump to just over $500. Big pumps are far and few between - we had a good one, one year ago and then mostly sideways.

So, if history repeats, btc will bleed back down to god only knows where and settle back into sideways. $250 is realistic.

 




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TibanneCat
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November 06, 2015, 07:44:22 PM
 #13

I think it will stay above $300, stable between 325-375...so buy now guys Smiley
But noone knows what the next year brings

That sounds about right to me
Even if it somehow drops below 300, it should quickly recover
that is considering there is not terrible news regarding bitcoin
Triple
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November 06, 2015, 07:48:15 PM
 #14

No it won't drop back down to 250.. It won't just rise like it did and drop down just as fast. It'll prob stabilize above $300. Maybe even $325.

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November 06, 2015, 07:52:51 PM
 #15

Man I hope not! This would make the last Bitcoin run a complete pump and dump and it would just show up that Bitcoin hasn't grown up at all.

But I don't think we will get that low. As a matter of fact we bounced back from $350 to $390 today and now we have fallen back again a but. It seems that bears and bulls are fighting a real battle since we are once again seeing this crazy volatility.
Blawpaw (OP)
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November 06, 2015, 07:55:52 PM
 #16

Man I hope not! This would make the last Bitcoin run a complete pump and dump and it would just show up that Bitcoin hasn't grown up at all.

But I don't think we will get that low. As a matter of fact we bounced back from $350 to $390 today and now we have fallen back again a but. It seems that bears and bulls are fighting a real battle since we are once again seeing this crazy volatility.

Yeah man, I seriously hope not too! I have been paid a good amount when it was about $470, so I'm losing some money already.
Not sure if I should sell... I guess I'll have to wait and see :\
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November 06, 2015, 08:07:41 PM
 #17

Quote
This would make the last Bitcoin run a complete pump and dump and it would just show up that Bitcoin hasn't grown up at all.

Sadly, at this point in time, bitcoin's use as a commodity is mostly for trading.  Bitcoin's use as a currency and store of value hurt because of the volatility.

Again, sadly, trading bitcoin is the only thing keeping it alive.  Hopefully, this changes in years to come but don't gamble your money on it.

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November 06, 2015, 08:23:07 PM
 #18

This time price will stay stable above $300 and as i think when look over buy walls than it looking there is huge support on $350-$380 so it will remain stable and will take next flight to next stage.
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November 06, 2015, 08:27:04 PM
 #19

I think the buy support at the $300 level is strong enough to eat through dumps. So many people are waiting for a chance to buy below $300 again. But I think it won't happen. Maybe that we will see the bull run continue in the comming weeks.
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November 06, 2015, 08:29:56 PM
 #20

I think we will stable at a price of $300, so maybe we could go back to $250 but not fast on this week
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