mtnsaa
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Activity: 1568
Merit: 1000
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January 17, 2016, 08:20:11 PM |
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I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.
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Yakamoto
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Activity: 1218
Merit: 1007
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January 17, 2016, 08:23:39 PM |
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I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.
Well its similar to how the pricewall existed at $250 back last summer, there is support for Bitcoin when it comes to losing 30% of its value (or less, I haven't decided to calculate at what point the pricewall kicks in). I expect there to be massive support at the value we're at right now, so we'll have to see what happens from here. There shouldn't be any more dumping, so the market is set to run it's course. |
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bitlancr
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January 17, 2016, 09:32:35 PM |
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I'm not sure we are past the muddy waters but I can definitely feel we have strong support at $370-380 so if this can hold up for the next days people will most likely want to get in before it goes up to $400. The way the price spiraled down in just a matter of hours was crazy indeed, we could've been at sub $300 or even more.
It's good to see the price is back from this huge dump. It's normal the price revives after such a big dump, but this time I am not sure it will go up more so I will sell my coins. Even if we go back to 390 again. |
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coinzat
Sr. Member
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Activity: 434
Merit: 250
Young but I'm not that bold
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January 17, 2016, 09:56:15 PM |
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the price needs to break $400 level before rising again. after it was a good support point for more that month, now it is the resistance point and after breaking it, i think the price will recover to the previous level $450
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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January 17, 2016, 10:21:55 PM |
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I am not worrying at all. I have bought most of my coins around $200-$240 and I still hold some coins that I bought at sub $100 prices. I trust in Bitcoin and the potential that it has. I just laugh at these dumps because it allows me to make a nice profit while day trading.
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MaritiJames3
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January 17, 2016, 10:37:39 PM |
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There's no need to worry. Bitcoin is here for a long time.
1 big dump will not kill it. You will see the price will go up the next week.
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Oscoda
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January 17, 2016, 11:14:29 PM |
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There's no need to worry. Bitcoin is here for a long time.
1 big dump will not kill it. You will see the price will go up the next week.
The price can go down more and more when the markets open tomorrow. I am not sure why everybody can say it go up so easily after we hit some big turbulence. |
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MaritiJames3
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January 17, 2016, 11:35:29 PM |
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There's no need to worry. Bitcoin is here for a long time.
1 big dump will not kill it. You will see the price will go up the next week.
The price can go down more and more when the markets open tomorrow. I am not sure why everybody can say it go up so easily after we hit some big turbulence. Well it maybe. If you ask me the reason we are not back on 420 again, is because the whales were away this weekend. Come monday you will see the price get back where it was. |
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talks_cheep
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Activity: 1036
Merit: 1000
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January 18, 2016, 06:09:16 AM |
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Many people predict bitcoin price will be rising up in early 2016 but that not happen now  And I think at today price is the best time to buy. I predicted that January 2016 will see a bloodbath and I'm proven right. No, today's price is NOT the best price we're going to see. It's got ways to go before the price goes back up. I predict we will SLOWLY go down to 300 or maybe even 200-250 range. I do think we've priced in the block halving already. |
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kwukduck
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Activity: 1937
Merit: 1001
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January 18, 2016, 06:15:50 AM |
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Many people predict bitcoin price will be rising up in early 2016 but that not happen now And I think at today price is the best time to buy. I predicted that January 2016 will see a bloodbath and I'm proven right. No, today's price is NOT the best price we're going to see. It's got ways to go before the price goes back up. I predict we will SLOWLY go down to 300 or maybe even 200-250 range. I do think we've priced in the block halving already. I think everyone can agree that were looking at a ~200 target but it looks like we will arrive there rather quickly. Of course the halving has already been calculated into the current price, Wichita will result in another disappointment when the halving is due, causing again another crash which could bring us to 50-70. |
14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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Amph
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Activity: 3206
Merit: 1069
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January 18, 2016, 08:01:02 AM |
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Many people predict bitcoin price will be rising up in early 2016 but that not happen now And I think at today price is the best time to buy. I predicted that January 2016 will see a bloodbath and I'm proven right. No, today's price is NOT the best price we're going to see. It's got ways to go before the price goes back up. I predict we will SLOWLY go down to 300 or maybe even 200-250 range. I do think we've priced in the block halving already. again with this, if the halving is alrady priced, this mean that there is plenty of margin nowadays for miners, which result in a massive diff increase, which also result in another value increase in the vuture so no the value is not priced in |
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MyBTT
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January 18, 2016, 08:05:01 AM |
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wuvdoll
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Activity: 1442
Merit: 1025
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January 18, 2016, 08:38:59 AM |
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Yes, I predict bitcoin will hit $500 levels in the upcoming wave. That was the reason price has dropped below $400 levels. Bitcoin will always raise regardless of any fall or any news. |
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ausbit (OP)
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Merit: 1019
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January 18, 2016, 06:48:36 PM |
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Last three four days we saw that the price of Bitcoins is going down but it started rising again due to those who believe in and save Bitcoins for the best value in the future. So we can start saving big amount of Bitcoins. Those who bought Bitcoins last week will definitely get the best value of it. What do you think guys?
It may be short bumb in this time. there is chances for both dude. may be it get increase or else it may go down as well. last when it went for low price that time people doesn't thought that as a matter. but now became low if we compare last weeks rate. what so ever as you said saving bitcoins is good for everything. Yes the reason why I said that to save the Bitcoins now because the rate of Bitcoins is low at this time and there are hundred percent chances to get the high price at the end of February . |
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ausbit (OP)
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January 18, 2016, 06:57:51 PM |
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Last three four days we saw that the price of Bitcoins is going down but it started rising again due to those who believe in and save Bitcoins for the best value in the future. So we can start saving big amount of Bitcoins. Those who bought Bitcoins last week will definitely get the best value of it. What do you think guys?
Eh i dont think its gonna go back upto 450 any time soon. i predict it staying around 400 for a couple of months, atleast until the halfing comes closer. seems like a good time to buy though. I can tell you buying Bitcoins now, will sure get the changes in Bitcoins price rates. And like one year before we don't know how the price increased to 450 to 480. So we should wait and hold the Bitcoins now. |
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ausbit (OP)
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January 18, 2016, 07:06:53 PM |
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There's no need to worry. Bitcoin is here for a long time.
1 big dump will not kill it. You will see the price will go up the next week.
The price can go down more and more when the markets open tomorrow. I am not sure why everybody can say it go up so easily after we hit some big turbulence. The price of Bitcoins is not going down as you said if we check today's rate of Bitcoins in united states dollar.its 383.10 so its stable and we should buy the Bitcoins at this point because it will sure cross 400 very soon. |
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n2004al
Legendary
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Activity: 1134
Merit: 1000
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January 19, 2016, 04:36:51 PM |
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Last three four days we saw that the price of Bitcoins is going down but it started rising again due to those who believe in and save Bitcoins for the best value in the future. So we can start saving big amount of Bitcoins. Those who bought Bitcoins last week will definitely get the best value of it. What do you think guys?
Correct. But I think that has sold only the newbies. The old "friends" of bitcoin have hold all. Maybe even bought. I remember the time of the bankruptcy of MtGox when the atmosphere was much more hard. It was the first big shock of bitcoin. Almost everyone predicted the end of it and giving as main advice to sell all as soon as it was possible. And had not so bad: the price has fall from 1200 at around 100-120 us dollar. But only in appearance. The time showed the opposite. Bitcoin absorbed the big hit and begin from the beginning its mission. Only few bought at this time. And who bought big amounts even today can be considered rich. Never lose the faith... |
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hasiramasenju
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Activity: 980
Merit: 1000
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January 19, 2016, 06:10:58 PM |
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the price looks unstable in the last few days but today i was see the bitcoin price quite stable in range $380-$385 and i hope this is could be a good start for bitcoin price will back to $400 above in the near future
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Oscoda
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May 30, 2016, 10:10:56 AM |
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The price can go down more and more when the markets open tomorrow. I am not sure why everybody can say it go up so easily after we hit some big turbulence.
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Zocadas
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June 05, 2016, 02:56:56 PM |
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The price can go down more and more when the markets open tomorrow. I am not sure why everybody can say it go up so easily after we hit some big turbulence.
It does not matter if the price goes up or down in one day. I am long term holder. I am chasing big profit. |
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