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LMGTFY
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February 24, 2016, 11:41:57 AM |
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It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.
You say market ain't stabilized yet??? It's still playing in between $420 and $450, what would you say it then, manipulation??? It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not... I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable. Was that sarcasm? Anyway, its quite unstable at the moment. I don't know about you guys but, any huge spike in BTC price, up or down is unstable in my opinion And I'm not convinced that I'd describe the recent fall in price as a "huge spike" - it was a fall of a little over 5%. Look at the daily chart, and there are much larger drops as recently as last month. On the weekly chart this week's movement looks fairly small compared with most other weeks. |
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randy8777
Legendary
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Activity: 896
Merit: 1000
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February 24, 2016, 11:44:39 AM |
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It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.
You say market ain't stabilized yet??? It's still playing in between $420 and $450, what would you say it then, manipulation??? It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not... I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable. what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable.... |
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LMGTFY
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February 24, 2016, 11:52:16 AM |
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It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.
You say market ain't stabilized yet??? It's still playing in between $420 and $450, what would you say it then, manipulation??? It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not... I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable. what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable.... Considered by whom? Because there's a pretty standard definition of volatility, used throughout the world of finance. And there's even a web-app that shows actual historic volatility for BTC/USD. And there's the empirical evidence - the might rises and falls of the past, far larger than the drop a few days ago. Heck, only last month there was a much larger drop than the recent one. |
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randy8777
Legendary
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Activity: 896
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February 24, 2016, 03:33:40 PM |
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It is not. It is now higher than 400 and that is so good. I hope it will rise for a long time and that many people are happy.
I hope that we can all sell it with much profit so we can have more money in the future.
You say market ain't stabilized yet??? It's still playing in between $420 and $450, what would you say it then, manipulation??? It's stable unless we see a huge spike or dump, and not necessarily will it rise as it purely depends upon the interests of people for using it ahead or not... I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable. what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable.... Considered by whom? Because there's a pretty standard definition of volatility, used throughout the world of finance. And there's even a web-app that shows actual historic volatility for BTC/USD. And there's the empirical evidence - the might rises and falls of the past, far larger than the drop a few days ago. Heck, only last month there was a much larger drop than the recent one.well, i am more talking in general. if certain stocks go down 10% in just a day, then it will be all over the financial news here where financial experts nearly can't believe what is happening. if the price of the euro loses 5% against the dollar in just a day, then it's basically the same story. people will go nuts. that's what i meant with 10% being considered heavy volatility. |
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LMGTFY
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February 24, 2016, 03:47:19 PM |
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I think the market is quite stable. If the price rise/drops lower than 10% in one day, it is very stable.
what have you been smoking today? 10% price change in a day is considered to be very heavy volatility. how can you say that the price is very stable then? just prepare yourself for the volatility once we are just a few days away from the block halving. then you will see plenty of 10% price movements in a single day. let's see if you then still think that the price is very stable.... Considered by whom? Because there's a pretty standard definition of volatility, used throughout the world of finance. And there's even a web-app that shows actual historic volatility for BTC/USD. And there's the empirical evidence - the might rises and falls of the past, far larger than the drop a few days ago. Heck, only last month there was a much larger drop than the recent one.well, i am more talking in general. if certain stocks go down 10% in just a day, then it will be all over the financial news here where financial experts nearly can't believe what is happening. if the price of the euro loses 5% against the dollar in just a day, then it's basically the same story. people will go nuts. that's what i meant with 10% being considered heavy volatility. Oh, business journalists. I see. Back to the 10%, and my preference for data over truthiness, when did BTC/USD fall by 10% recently? The poster you replied to was talking about less than 10% - not that precise, but accurate enough. The recent drop was from ~$440 to ~$420. Around 5%, if you include the intra-day highs and lows. |
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Fademigo
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February 24, 2016, 09:02:35 PM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
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HostSurf
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February 24, 2016, 11:20:31 PM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. |
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uki
Legendary
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February 25, 2016, 10:31:05 AM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. $500 by the end of March? Based on what? That would be pure speculation pump, which may happen or may not. For now we do not have any solid arguments to move either upwards or downwards. The halving is still relatively far away - about 150 days (5 months). It is definitely too early to call for a rise due to the halving. |
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Docnaster
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February 25, 2016, 06:35:26 PM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. $400 will be the bottom in the next few weeks. There is very strong buying support there to hold it. |
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martinacar
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February 26, 2016, 08:38:16 AM |
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That is not true. I think this is an old topic or something. The price is now above 400 and that is very good.
The price is now rising fast. And I hope later that more people can have some profit if they had made an investment.
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gkv9
Legendary
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!!! RiSe aBovE ThE StoRm !!!
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February 26, 2016, 10:01:28 AM |
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That is not true. I think this is an old topic or something. The price is now above 400 and that is very good.
The price is now rising fast. And I hope later that more people can have some profit if they had made an investment.
True, but it is rising purely based on speculation, nothing to feel happy for... We need reasons, and strong reasons here for BTC's price to hold on there where it is currently at... The price is looking stable between S1 and Pivot, let's hope we see it reaching the resistance level of $500... |
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1Referee
Legendary
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February 26, 2016, 10:42:22 AM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. $400 will be the bottom in the next few weeks. There is very strong buying support there to hold it. The support will get stronger above $400 but it's all relative as bots instantly pull back their buy orders when the price comes very close. Right now it might look as very strong buy support, but 1 minute later the support can be gone. |
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Fademigo
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February 26, 2016, 10:48:48 AM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. $400 will be the bottom in the next few weeks. There is very strong buying support there to hold it. The support will get stronger above $400 but it's all relative as bots instantly pull back their buy orders when the price comes very close. Right now it might look as very strong buy support, but 1 minute later the support can be gone. The strong support is $350 at the moment. It was not broken in the last month. Next month, the support will be $400. |
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uki
Legendary
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Activity: 1358
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cryptojunk bag holder
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February 26, 2016, 10:00:19 PM |
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The strong support is $350 at the moment. It was not broken in the last month. Next month, the support will be $400.
The $350 support has been recently substituted with $415 support. It was previously a resistance line that now should be a solid support. The first test has been passed positively and the correction stopped just before that line. |
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Bemerand
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February 27, 2016, 05:17:21 PM |
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The strong support is $350 at the moment. It was not broken in the last month. Next month, the support will be $400.
The $350 support has been recently substituted with $415 support. It was previously a resistance line that now should be a solid support. The first test has been passed positively and the correction stopped just before that line. That could be true. But $400 could still be tested. Maybe in a few months, the $415 will be the iron bottom. |
88.36255237114% of all ICO's are SCAMS
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Docnaster
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February 29, 2016, 03:04:24 PM |
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The strong support is $350 at the moment. It was not broken in the last month. Next month, the support will be $400.
The $350 support has been recently substituted with $415 support. It was previously a resistance line that now should be a solid support. The first test has been passed positively and the correction stopped just before that line. That could be true. But $400 could still be tested. Maybe in a few months, the $415 will be the iron bottom. Even if the price drops below $400, it will be a short period, maybe less than a few days, then the price will come up. |
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azguard
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Crypto-News.net: News from Crypto World
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March 01, 2016, 11:31:47 AM |
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The strong support is $350 at the moment. It was not broken in the last month. Next month, the support will be $400.
The $350 support has been recently substituted with $415 support. It was previously a resistance line that now should be a solid support. The first test has been passed positively and the correction stopped just before that line. That could be true. But $400 could still be tested. Maybe in a few months, the $415 will be the iron bottom. Even if the price drops below $400, it will be a short period, maybe less than a few days, then the price will come up. i dont think i will go under 400 any time soon or even this year i think we can expect stable price after halving to around 600 |
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MaritiJames3
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March 01, 2016, 02:59:11 PM |
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It wont be the top mate. It will be higher than 400. I hope that it will rise for a long time and that will be good for those who made an investment.
But it is a currency, and you never know what can happen now and that is the problem, you should take the risk if you are going to sell it or invest it.
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uki
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March 01, 2016, 10:53:31 PM |
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i dont think i will go under 400 any time soon or even this year i think we can expect stable price after halving to around 600
whereas I think $415 looks pretty solid, at least mid-term, I don't see much fuel to go beyond $500-600 based only on the halving news. To get stable $600 we would need a bit more to happen in context of Bitcoin adoption. |
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CryptoBjorn
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March 02, 2016, 09:35:16 AM |
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$400 might be the top now. But I think it will be bottom in a year or two. We will never see $400 again.
No way 400 (50o) was the top. For the coming period i expect the price to go up even more. Maybe 500 again just before the end of march. $400 will be the bottom in the next few weeks. There is very strong buying support there to hold it. The support will get stronger above $400 but it's all relative as bots instantly pull back their buy orders when the price comes very close. Right now it might look as very strong buy support, but 1 minute later the support can be gone. 400 is not the top. You can also see now that the price is rising slowly so that is very good for the people who made earlier an investment. But you never know what can happen later in the future. But I hope that the price will rise for a very long time |
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