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Author Topic: Christmas Call: $700  (Read 6921 times)
HostSurf
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December 20, 2015, 04:47:22 PM
 #61

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!
richardsNY
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December 20, 2015, 04:58:43 PM
 #62

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!


People right now are used to seeing the price at $400. If the price goes sub $400 then a lot people will be disappointed since they were expecting the price to reach $500 this year.
HarryKPeters
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December 20, 2015, 05:01:11 PM
 #63

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!


People right now are used to seeing the price at $400. If the price goes sub $400 then a lot people will be disappointed since they were expecting the price to reach $500 this year.

People are reasonable too they know if something goes up so high, it can go down too. I would buy at 320,340 and even 360. So a value below 400 is no doom scenerio.

It just means the pump is done and we are looking at a realistic market value.

richardsNY
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December 20, 2015, 05:05:15 PM
 #64

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!


People right now are used to seeing the price at $400. If the price goes sub $400 then a lot people will be disappointed since they were expecting the price to reach $500 this year.

People are reasonable too they know if something goes up so high, it can go down too. I would buy at 320,340 and even 360. So a value below 400 is no doom scenerio.

It just means the pump is done and we are looking at a realistic market value.

At this point we are quite far away from sub $400 prices. If it happens to go sub $400, then it can be seen as a great buying moment. If it goes deep below $400 to let's say $330-$350 I might buy some extra.
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December 20, 2015, 06:02:10 PM
 #65

it is the amount of money per bitcoin that is impossible to reach now in my opinion it would be great if we could get to at least 500 dollars per bitcoin though the price is pretty stable right now and we are not going up anymore

 
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Amph
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December 20, 2015, 06:10:30 PM
 #66

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!


People right now are used to seeing the price at $400. If the price goes sub $400 then a lot people will be disappointed since they were expecting the price to reach $500 this year.

they will not dump under 350 anyway, no one in his right mind will dump at that point, so based on this there is a small reward in the case a dump being

there is a bigger reward in the case another pump begin, so it's better to buy
richardsNY
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December 20, 2015, 06:16:55 PM
 #67

And i was expecting that the time for flash dumps is going to happen. I don't see any big news that will drive the price up to $700 not even $600 in my own opinion, Unless a country decides to remove their own currency and use bitcoin as their official money  Grin

I think the price will stabilize at $300-400 for this year.
$300-400 is still a great way to go. Remember we came from 200 USD.
I would settle for 300 dollar anytime. It means we have added 50% to the current value which is great!


People right now are used to seeing the price at $400. If the price goes sub $400 then a lot people will be disappointed since they were expecting the price to reach $500 this year.

they will not dump under 350 anyway, no one in his right mind will dump at that point, so based on this there is a small reward in the case a dump being

there is a bigger reward in the case another pump begin, so it's better to buy

There are a lot yolo buyers since Bitcoin reached $1000 in 2013. These people are extremely short term minded. If they buy for example at $390 and after a while they see the price drop to $360, then there is a good chance that these people will sell at a loss. We know these prices are great for buying, but the weak handed traders will do everything to prevent a bigger loss by selling.
bitlancr
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December 20, 2015, 06:38:46 PM
 #68

This is not going to happen. People are already big time selling. Just a matter of time befor we hit the 400 USD price again.

Or do the whales have other plans? Time will tell
thesonandheir
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December 20, 2015, 06:52:24 PM
 #69

Not 700, too early for that as it needs to build up support above 400 first using that as a base. 500 will be reached in Q1 where if it holds should give a good case for the bulls for a tilt at something higher. The drop today was deliberate manipulation on low volume, scare a few into selling and trigger a few stops. Cheap BTC can then be hoovered up.
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December 21, 2015, 03:32:56 AM
 #70

I don't think bitcoin will touch $700 before Christmas. Right now bitcoin stuck at $430 rate, still to far from $700. It's nearly impossible to touch $700 in 4 days without pumping the price. Maybe bitcoin will stay at $450-$500 after Christmas.
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December 21, 2015, 04:21:44 AM
 #71

I don't think bitcoin will touch $700 before Christmas. Right now bitcoin stuck at $430 rate, still to far from $700. It's nearly impossible to touch $700 in 4 days without pumping the price. Maybe bitcoin will stay at $450-$500 after Christmas.
Yeah, $700 on Christmas is quite extremely unlikely for bitcoin at the current market conditions.
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December 21, 2015, 04:44:13 AM
 #72

I highly doubt that Bitcoin will hit $700 by Christmas, although we might wake up to find a Christmas miracle on the 25th Cheesy

I expect that we'll be seeing more around $430-$450, based on the current market conditions. We also don't really have any big news surrounding Bitcoin this holiday season, so there isn't much to anything to generate new interest.
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December 21, 2015, 07:28:02 AM
 #73

I highly doubt that Bitcoin will hit $700 by Christmas, although we might wake up to find a Christmas miracle on the 25th Cheesy

I expect that we'll be seeing more around $430-$450, based on the current market conditions. We also don't really have any big news surrounding Bitcoin this holiday season, so there isn't much to anything to generate new interest.

Yes, my hopes on new higher price of 2015 on the event of Christmas is now in dull lights on seeing Sunday's trading directions. Now I expect at least $500 levels must be much better for celebration of new year. Any way slow and sustaining prices are more favorable still for higher prices.
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December 21, 2015, 08:28:15 AM
 #74

We will say good bye to that 700 dollar this month, the price is kinda dropping for now so I doubt we will reach that price.
We have still hope that it can go to 500 dollars, but that is just not sure anymore if this price is dropping.
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December 21, 2015, 12:17:38 PM
 #75

No snow this Christmas and no $700 bitcoin.
The scrooge really screwed us this year.
 Angry
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December 21, 2015, 01:06:59 PM
 #76

I dont believe it. I think it might become to a maximum of 500$ and drop after christmas.
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December 21, 2015, 01:27:35 PM
 #77

anything can happen in bitcoin market but $500 looks more reasonable price than $700
the important thing now is that we must continue to keep hodl our bitcoin
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December 21, 2015, 01:40:38 PM
 #78

I do not think even of $500 before Christmas. It seems that there is strong resistance to go over $470 and today is $450.
After year end the price can go up again.
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December 21, 2015, 02:43:33 PM
 #79

I do not think even of $500 before Christmas. It seems that there is strong resistance to go over $470 and today is $450.
After year end the price can go up again.

I think your right man. It needs to take a break over the next 2 week holiday then it will start moving up again.
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December 21, 2015, 08:48:23 PM
 #80

anything can happen in bitcoin market but $500 looks more reasonable price than $700
the important thing now is that we must continue to keep hodl our bitcoin

Yes holding now make sense, altough i have to say i did sell some because seeing is much sell pressure is uncalled for. Meaning something is up.

I still have some, ready to sell when we get to 500 USD.

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