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Author Topic: BTC at $435. Is it sustainable?  (Read 10790 times)
parmatiya
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April 16, 2016, 04:39:24 PM
 #121

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.

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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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DashCoinDark
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April 16, 2016, 04:50:58 PM
 #122

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.

Where do you see this? Here the price is still 430 usd?
http://coinmarketcap.com/all/views/all/

The price going up steadily is something good btw. No more pumps for me.
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April 16, 2016, 05:02:46 PM
 #123

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.

Where do you see this? Here the price is still 430 usd?
http://coinmarketcap.com/all/views/all/

The price going up steadily is something good btw. No more pumps for me.

the price hit $435 in the morning in bitfinex and all others were 430-434 also,
for some reason i cannot upload a screenshot to imgur.com to show you but here is the link to coindesk price chart:
2016-04-15,2016-04-16,close,bpi|bitstamp|bitfinex|coinbase|itbit|okcoin,USD

look at 8:05 UTC


i think we are slowly rising by each day passing,which is a lot better than a sudden rise which can not stay around.

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April 16, 2016, 10:41:17 PM
 #124

we have been at $420 for quite a while, i'm fairly sure the $435 range is sustainable.
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April 17, 2016, 02:40:00 AM
 #125

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.

The price is hovering around 410 to 4440 Dollars, for a month now. We have not seen any big changes in the Current prices.
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April 17, 2016, 02:42:21 AM
 #126

we have been at $420 for quite a while, i'm fairly sure the $435 range is sustainable.

We may see more frequent Rise in the price.
We have to break the 500$ Benchmark first.
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April 18, 2016, 08:35:30 PM
 #127

2 months ago, $435 was not sustainable. But after 4 months of consolidation, it should be a new bottom.
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April 18, 2016, 08:54:59 PM
 #128

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.
You can say that price is rising gradually, not at the high speed that is suspected. The reason maybe people holding more bitcoins and not spending yet. But this more sustaining price is good for higher prices always.

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April 18, 2016, 09:10:44 PM
 #129

It's very obvious that 435 is NOT sustainable at this point in time. We hit 435 very briefly on April 16th but since then it's been dropping, currently at 428. What's interesting is it's struggled to hold 430 on a good volume of trading.

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April 18, 2016, 09:12:45 PM
 #130

A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.

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April 19, 2016, 06:45:26 AM
 #131

A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.
I am only seeing some good news will only come as with upcoming reward halving on july. Even 600$ can be stable price during halving so still bitcoin is undervalued.

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April 19, 2016, 10:22:06 AM
 #132

A price of 410-420 is proving to be very sustainable if there are not bad news that affect it.

The sustainability of bitcoin around the price of $410 - $420 is over. Now its time for a rise towards $450, but currently it has grown little and stabilizing between $430 - $435.

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n691309
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April 19, 2016, 05:29:21 PM
 #133

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Comparing the month you posted that in December it is pretty much the same situation now, the price currently is $430, I think that the price will be increased this month probably at $460 (in less than 2 weeks)
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April 19, 2016, 05:32:27 PM
 #134

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
Comparing the month you posted that in December it is pretty much the same situation now, the price currently is $430, I think that the price will be increased this month probably at $460 (in less than 2 weeks)

it's nice to see that the price remained quite stable during the last months. it's a great thing for people that use bitcoin as store of value. but not so good for people that hope to make some profits while trading.
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April 19, 2016, 05:32:45 PM
 #135

Of course. this price is not so much so it is sustainable as a middle ground for the price.
I believe it will stay this way until the halving comes in to play. But not moving until then.

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April 19, 2016, 06:00:15 PM
 #136

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.
You can say that price is rising gradually, not at the high speed that is suspected. The reason maybe people holding more bitcoins and not spending yet. But this more sustaining price is good for higher prices always.

The higher is the price, the better for the investors.
parmatiya
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April 20, 2016, 08:32:16 AM
 #137

Most possibility is there to get sustain at the value of $435. Before few weeks it reached the price of $425 but it didn't sustain long but staggering around $415 - $425 for a long time.
This probably will continue at least until the end of this month before the price will slowly, i'm sure everyone expects prices to rise rapidly.
Yeah absolutely this sustainability can lost till this month end and may stagger around $450 to $500 in the coming month and expected to be more during halving.

The price is $435 again. I just hope it is not just another mini pump and dump. The price shall rise slowly.
You can say that price is rising gradually, not at the high speed that is suspected. The reason maybe people holding more bitcoins and not spending yet. But this more sustaining price is good for higher prices always.

The higher is the price, the better for the investors.

But there is a limit of the price. It is determined by the mass adoption of the coin. If it is used everywhere, the price will be higher.

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April 20, 2016, 08:49:55 AM
 #138

Bitcoin has been on the rise, currently at $435. Is this a sustainable number, or is it a momentary spike because of the news?
It is but I hope that it is going to rise again because I am ready to sell some Bitcoins and this is not going to give me much of a profit. It has to reach $500 sooner or later but I do not want to wait much longer any more.
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April 20, 2016, 09:21:01 AM
 #139

First time I see rate stayed at $435 for a few hours and go up to $437 at preev rate. If this is because of the halving then that's good we might see $500 at the end of this month.
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April 20, 2016, 09:58:50 AM
 #140

$440 next week maybe ??
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