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Author Topic: 400$ is the new bottom  (Read 2925 times)
WiiD (OP)
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December 07, 2015, 12:42:09 PM
 #1

Switching from the old top, 400$ is now the new botton. Buying wall of 2200 Coins on Finex at 400$. PANIC BUY now.
panju1
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December 08, 2015, 02:59:22 PM
 #2

Switching from the old top, 400$ is now the new botton. Buying wall of 2200 Coins on Finex at 400$. PANIC BUY now.

You can call it the new support level, we have been hovering around it for a few days now.
But wait till we cross it conclusively.  Grin
Newcoins2020
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December 08, 2015, 03:06:38 PM
 #3

I wouldn't mind this actually. It's something, if we end next year with $800 and that becomes  the next bottom, we've made progress
I think we should be proud of what bitcoin has become this year and what it will become.
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December 08, 2015, 03:13:49 PM
 #4

Don't think its the right time to buy btc's since we're not sure about the patterns as yet.I tried to perform an procure based analysis on the recent price charts but couldn't get anything out of it as its really unpredictable what will happen next.But yeah to store your bitcoins will be the wisest thing to do!
tn211
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December 08, 2015, 03:30:00 PM
 #5

I hope so that 400 dollars well be the bottom of bitcoin that it won't go lower.
Than is save to get it.
~Bitcoin~
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December 08, 2015, 03:33:14 PM
 #6

Yes it seems to be on 400 mark at least till new year if not I think it will keep on attaining new high button. 2200 coin seems to be quite high but if buyer decided to cancel it than there will be way to go down. We need more buy order above 400.

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December 08, 2015, 03:33:41 PM
 #7

Building some resistance and support now around $400. Hope it sustained for at least couple of weeks before making a new pump so at the end no worries of too much price decrease.

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Torque
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December 08, 2015, 03:34:08 PM
 #8

No one believes or cares about an idiot troll who is so stupid, that he public contradicts himself within the same week.

https://bitcointalk.org/index.php?topic=1277566.0

https://bitcointalk.org/index.php?topic=1272827.0
Patatas
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December 08, 2015, 03:44:21 PM
 #9

No one believes or cares about an idiot troll who is so stupid, that he public contradicts himself within the same week.

https://bitcointalk.org/index.php?topic=1277566.0

https://bitcointalk.org/index.php?topic=1272827.0

lol Thanks for pointing it out! I was wondering why do I always see people obsessed with $400.Turns out its not people its just the OP.
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December 08, 2015, 03:46:24 PM
 #10

There's no need to panic. If $400 is the new bottom, that means that there has been progress.
If we could end this year with a solid $400, I would be really happy and satisfied.
Denker
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December 08, 2015, 04:04:31 PM
 #11

Right now we are hovering around this range yes.But it's too early to name it the new bottom.
We will see after the next pump and dump if this will work out.
I'm still not convinced to be honest.
pereira4
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December 08, 2015, 06:34:28 PM
 #12

Don't think its the right time to buy btc's since we're not sure about the patterns as yet.I tried to perform an procure based analysis on the recent price charts but couldn't get anything out of it as its really unpredictable what will happen next.But yeah to store your bitcoins will be the wisest thing to do!

It's a 50/50 scenario right now. You either bet that 400 is going to be the new bottom, or that 400 is "it" and that we are going to correct back to low to mid 300s which in my opinion is more and more unlikely with every hour that we pass near the 400 range. Im not going to gamble with what I think is right so im just going to hold, shorting always bites you back unless you are mega lucky.
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December 08, 2015, 06:41:00 PM
 #13

Don't think its the right time to buy btc's since we're not sure about the patterns as yet.I tried to perform an procure based analysis on the recent price charts but couldn't get anything out of it as its really unpredictable what will happen next.But yeah to store your bitcoins will be the wisest thing to do!

It's a 50/50 scenario right now. You either bet that 400 is going to be the new bottom, or that 400 is "it" and that we are going to correct back to low to mid 300s which in my opinion is more and more unlikely with every hour that we pass near the 400 range. Im not going to gamble with what I think is right so im just going to hold, shorting always bites you back unless you are mega lucky.

Go short if one already make profit but t the same time can decide to go long too because like I stated, already made some profit.

Sometimes going short is a trap. And it is noticeable to those new traders. Thats why many always regret for the move they execute.

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adicted
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December 08, 2015, 07:29:26 PM
 #14

Lol, you've just said days ago that $400 was already the top and now you've change your mind like a girl change her clothes, it seems you are just trolling. Anyways, I believe the previous one when you said 400 is the top and I doubt this one. I'll be expecting more threads from you Roll Eyes
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December 08, 2015, 07:35:56 PM
 #15

From a simple search in graph we can see that there are lots of ups and downs today, hope tomorrow the price will be more than $400
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December 08, 2015, 08:10:18 PM
 #16

From a simple search in graph we can see that there are lots of ups and downs today, hope tomorrow the price will be more than $400

There has only been one spike above 400 on Bitfinex during the previous 24 hours, and Bitstamp has remained below it. How can 400 be the new bottom if both those exchanges are below it? Wait until it's stayed above 400 for calling it the bottom. During the previous two years I read so many incorrect bottom calls that I don't consider them worth making anymore.
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December 08, 2015, 08:18:48 PM
 #17

From a simple search in graph we can see that there are lots of ups and downs today, hope tomorrow the price will be more than $400

I think tomorrow will be the same as today for the greatest part. We need to settle above $400 before we can advance further. As long as that doesn't happen, then we will stay like this for a semi long period.
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December 08, 2015, 08:26:59 PM
 #18

From a simple search in graph we can see that there are lots of ups and downs today, hope tomorrow the price will be more than $400

I think tomorrow will be the same as today for the greatest part. We need to settle above $400 before we can advance further. As long as that doesn't happen, then we will stay like this for a semi long period.

I'm completely fine with staying here for a longer period. I could use a few extra coins in the next few months and would like to get them as cheap as possible..
Glad it is at 400 though, it feels much better than the 22x range it was in for so long, even if it means buying more expensive.
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December 08, 2015, 08:33:06 PM
 #19

Lol, i don't think so. A lot of us want it to be but the price isn't stable yet. It can still go 2 ways.

It would be safe to say if we hold a certain price for a period of 1.5 months, we've found our new low or high..

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December 08, 2015, 08:38:43 PM
 #20

Not really sure if it's the new bottom since it's not established in my opinion but maybe in the next upcoming days. It can still fall back to $360-380 like some days ago. Predictions of more than $500 for the end of the year seem a little difficult right now but maybe there's a new pump coming.
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