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Author Topic: Price rise is over  (Read 27236 times)
pissedoff
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December 02, 2015, 01:30:12 PM
 #21

Oh it is not over by a long shot, this is just a lull going into the end of the year.  It is hit $450 by the end of the year.
IMO, The bitcoin price rise has just started and is not going to be over until the end of this month.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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morantis
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December 02, 2015, 01:33:21 PM
 #22

Oh it is not over by a long shot, this is just a lull going into the end of the year.  It is hit $450 by the end of the year.
IMO, The bitcoin price rise has just started and is not going to be over until the end of this month.

Well, you know fickle people can be and they *poop* themselves anytime there is a minor dip....just saying.
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December 02, 2015, 01:42:19 PM
 #23

Bitcoin is great and all, but what I would prefer is technology which auto ignores all forum posts my short sellers.

That is what the world really needs.
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December 02, 2015, 01:43:50 PM
 #24

It's definitely not over. We make a few steps forward, and a step back. The price can't go up all the time without seeing people sell the price down $20-$30 lower in a matter of a few days.
pissedoff
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December 02, 2015, 01:44:37 PM
 #25

Bitcoin is great and all, but what I would prefer is technology which auto ignores all forum posts my short sellers.

That is what the world really needs.
That technology already exists. Its the Human brain. You can choose to ignore all posts that is trying to manipulate the bitcoin price.
pissedoff
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December 02, 2015, 01:46:18 PM
 #26

It's definitely not over. We make a few steps forward, and a step back. The price can't go up all the time without seeing people sell the price down $20-$30 lower in a matter of a few days.
I think your statement about the people taking the price down by $20-$30 every few days is incorrect.
I have only seen the price going down $5-$10 max.
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December 02, 2015, 01:47:37 PM
 #27

Every currency on the planet and every stock is vulnerable to changes created by rumors and talk.  Look at what happened in the last year with Apple and all the talk created by the new phones and watches.  In the end, good currency and good investments will retain value over time.
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December 02, 2015, 01:54:08 PM
 #28

Well the holidays are coming up so I'm not surprised to see it all slowing down a bit.

I'm looking forward to the new year. We'll see what happens then
pissedoff
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December 02, 2015, 02:03:23 PM
 #29

Well the holidays are coming up so I'm not surprised to see it all slowing down a bit.

I'm looking forward to the new year. We'll see what happens then
I don't see why the price rise should slow down for the holidays. People might buy bitcoins on the holidays to gift it to others.
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December 02, 2015, 02:19:51 PM
 #30

I don't think it's over at all. Just because the bitcoin is decreasing in value.

I don't see why people are so scared for a little bit of a dip, it will bounce back sooner or later.
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December 02, 2015, 02:40:44 PM
 #31

I don't think it's over at all. Just because the bitcoin is decreasing in value.

I don't see why people are so scared for a little bit of a dip, it will bounce back sooner or later.

I think that when people have been conditioned to report on pretty much every non-event of their insignificant existence on social media, many of them must be on the verge of chronic nervous breakdown when they encounter very complex processes such as stock and bitcoin trading.

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December 02, 2015, 02:54:56 PM
 #32

It's definitely not over. We make a few steps forward, and a step back. The price can't go up all the time without seeing people sell the price down $20-$30 lower in a matter of a few days.
I think your statement about the people taking the price down by $20-$30 every few days is incorrect.
I have only seen the price going down $5-$10 max.

Then look better and read my comment better. I didn't say every few days. The price was above $370 and went below $350 today. It is now sitting at $358.
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December 02, 2015, 02:56:56 PM
 #33

MACD heading down, RSI is too high, MA and EMA not looking good.

This thing is going nowhere but dooown.

What kind of monitoring do you do. You only based your speculation in just a matter of less than 24hours analyzation. Lack of nutrition. Go troll somewhere.

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teddy5145
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December 02, 2015, 03:48:44 PM
 #34

Jokes on your speculation, it was rising back to $360 Grin
it seems the price will stabilize around this number until halving Roll Eyes
There's seems to be a big wall that prevent us to go above $360 Tongue
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December 02, 2015, 03:58:23 PM
 #35

RSI indicator has been spot on, and I had shorts setup at 381 and 384 but got scared.  

Made about $400 yesterday, and $1000 this morning on the oversold rebounds.  

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December 02, 2015, 04:20:01 PM
 #36

Bitcoin is great and all, but what I would prefer is technology which auto ignores all forum posts my short sellers.

That is what the world really needs.
Haha. If you know that some posts are not carrying much insight why are you even bother with them? People will be always paranoid about bitcoin price, no matter what.
Ignore is and don't pay much attention.
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December 02, 2015, 06:13:43 PM
 #37

Yes, I got caught (again) with some more expensive Bitcoins in my hand. I notice the price raise too late.

But let's wait for the next up, which will likely happen, in order to cash out. That is the fun with Bitcoin, you never know when it will go up again.

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December 02, 2015, 07:41:10 PM
 #38

We are doing just fine, floating around $350 level. $50 up or down moves are normal for Bitcoin's volatility. It also means that we are at the moment in the area of equilibrium price, waiting for some significant event to happen that will push the price action in one or the other direction. For now, I wouldn't expect falling below $300, neither moving over $400 on a stable basis.

this space is intentionally left blank
WiiD (OP)
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December 03, 2015, 04:06:39 AM
 #39

I told you!!!
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December 03, 2015, 04:34:46 AM
 #40

It is falling and falling more, you should sell NOW
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