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Author Topic: 400 will not hold  (Read 17552 times)
Amph
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January 20, 2016, 08:34:50 AM
 #61

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 20, 2016, 09:41:06 AM
 #62

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here



Dont worry we are going to hit $300 in next week.. Thats the sign that the buy walls are just a fluke
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January 20, 2016, 10:42:11 AM
 #63

For now is not, but we just nee to wait. I know people is panicking with this price, but we will see about it.
I think we will see a 450 dollars again in march. Is not over guys.
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January 20, 2016, 10:48:21 AM
 #64

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here

-snip-

The coindesk price ticker is a combination of several exchanges shown as average price.

Bitfinex touched $352.5.
Bistamp touched $352.
newcoins1978
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January 20, 2016, 10:49:17 AM
 #65

I think bitcoin held on to $400 long enough
This was bound to happen anyway.
It's good to see this happen, i'm not too worried about this.
I believe bitcoin will go back up in the upcoming weeks.
8up
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January 20, 2016, 10:59:52 AM
 #66

I repeat...

Sub $400 is the new MUST-BUY zone.

Always wrong until not.
uki
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January 20, 2016, 11:16:28 AM
 #67

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here

-snip-

The coindesk price ticker is a combination of several exchanges shown as average price.

Bitfinex touched $352.5.
Bistamp touched $352.
I also checked coinbase and there was $350.92 as the lowest trade.
From the charts it looks like few off trades at very low volume to paint the charts.
Meaning, I would hold the $360 support as still valid that should be hard to crack, if we revisit it.

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Newcoins2020
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January 20, 2016, 11:21:44 AM
 #68

Have hold a long time at 400 dollars of course it won't hold for last.
I think is just down for now and later it will just go up again.

I bet that a lot of people will be happy when it goes back to 450 dollars again.
uki
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January 20, 2016, 11:26:06 AM
 #69

Have hold a long time at 400 dollars of course it won't hold for last.
I think is just down for now and later it will just go up again.

I bet that a lot of people will be happy when it goes back to 450 dollars again.
especially if they grabbed some coins at sub $380 prices. That is like 20% increase. Not too bad, if you ask me. 

this space is intentionally left blank
BitsandBites
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January 20, 2016, 11:31:54 AM
 #70

I am sad that it got down oh well I am not that surprise is the beginning of the year.
I think it will increase again around in February.
Amph
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January 20, 2016, 04:03:14 PM
 #71

Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here

-snip-

The coindesk price ticker is a combination of several exchanges shown as average price.

Bitfinex touched $352.5.
Bistamp touched $352.
I also checked coinbase and there was $350.92 as the lowest trade.
From the charts it looks like few off trades at very low volume to paint the charts.
Meaning, I would hold the $360 support as still valid that should be hard to crack, if we revisit it.

well the point is that still none was below 350, so who care, we are arguing for few dollars

new resistance is at 400 again, there will be no more sub 400 for the tiem being, unless someone else need cheap coins, cough mike cough
Newcoins2020
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January 20, 2016, 04:17:11 PM
 #72

Have hold a long time at 400 dollars of course it won't hold for last.
I think is just down for now and later it will just go up again.

I bet that a lot of people will be happy when it goes back to 450 dollars again.
especially if they grabbed some coins at sub $380 prices. That is like 20% increase. Not too bad, if you ask me.  
You are lucky that you grab in that price, because now is around off the 410 dollar.
YOu have made profit I think is just better to save in the halving or after and trading for now.
See I was right that it can go back to 450 dollars again.
asidamani
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January 20, 2016, 04:34:21 PM
 #73

The price is holding above $400 now. Any reason for the sudden jump?
LuckyYOU
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January 20, 2016, 05:12:23 PM
 #74

I am sad that it got down oh well I am not that surprise is the beginning of the year.
I think it will increase again around in February.

You don't have to be sad for long.
Bitcoin is going up again. Looks like bitcoin is recovering again.
Didn't take that long this time.

richardsNY
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January 20, 2016, 05:13:23 PM
 #75

The price is holding above $400 now. Any reason for the sudden jump?

My guess is that a few whales have started to buy back and that made people panic buy as they wanted to scoop up some sub $400 coins before they are gone. Other than that there isn't much I can think of.
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January 20, 2016, 05:44:09 PM
 #76

Well $400 didn't hold, but it wasn't long before it got back to $400 and higher. At the moment it's averaging around $410 and reached a peak of $416 which seems like a good hold for now.
uki
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January 21, 2016, 05:06:30 PM
 #77

well the point is that still none was below 350, so who care, we are arguing for few dollars

new resistance is at 400 again, there will be no more sub 400 for the tiem being, unless someone else need cheap coins, cough mike cough
Exactly, I agree. Breaking $350 to the downside on a solid volume would be a bad sign. That would mean testing of all important levels for the current increasing trend at around $310. I am glad we got spared that.

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mayax
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January 21, 2016, 11:33:37 PM
 #78

Well $400 didn't hold, but it wasn't long before it got back to $400 and higher. At the moment it's averaging around $410 and reached a peak of $416 which seems like a good hold for now.

the exchangers` cartel put the bots at work Smiley  . fake transactions, fake volume. it's so simple.
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January 21, 2016, 11:37:27 PM
 #79

now it becomes a reality, 400 not survive, now has $ 390 price bitcoin> for the BTC, I hope this does not last long and prices returned to $ 400  Sad

Time to buy then Cheesy

Go go go !

Think about halving next summer.
I agree, I think it's a good time to buy and I have done so recently.  Not too much, but enough.  I don't think the halving is going to have much of an effect, but I guess we'll see.  I think it's already reflected in the current price.

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January 21, 2016, 11:47:51 PM
 #80

It seems that the downtrend from ~470 is still going on.  We tried to break through it a couple times, but just couldn't keep it up there.  If we can break through ~415 and keep it steady then we may be going up, otherwise going back sub-400 seems unavoidable.


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