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Author Topic: $350 will be the bottom  (Read 13089 times)
cameltoe
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March 06, 2016, 11:13:39 PM
 #161

Anyone use poloniex's margin trading? I'm feeling risky this year  Wink
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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March 07, 2016, 06:23:49 AM
 #162

Anyone use poloniex's margin trading? I'm feeling risky this year  Wink

Im trade at poloniex but Iam never use margin trading feature. someday in 2015 im use margin trader at Huobi, earn 0.1/day but after 1week i lost all of my bitcoin, arround 1.7 , leverage/margin trading is good for stable price, but if hard dump/hard pump come yuou will lose your money.
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March 07, 2016, 02:15:23 PM
 #163

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
We all hope that it will be the bottom. But you can never know what will happen. We all hope that it will rise for a long time.
And that will be pretty good for those people who already has made an investment. And I hope also that more people are going to use Bitcoin.
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March 07, 2016, 05:04:49 PM
 #164

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
We all hope that it will be the bottom. But you can never know what will happen. We all hope that it will rise for a long time.
And that will be pretty good for those people who already has made an investment. And I hope also that more people are going to use Bitcoin.

Yes 350$ is a good bottom And I really believe, the downtrend is over now.
And the halving is coming so it is looking good again for Bitcoin.

With ethereum working with microsoft it is going to reach more people.
And I think that is why Bitcoin will be used more this year!
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March 07, 2016, 06:09:23 PM
 #165

Bitcoin was getting within $350 - $385 for a long time and started growing from it and crossed $400 in a short term. Of this reason expect $350 to be the low bottom.

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March 08, 2016, 02:08:19 PM
 #166

We all hope that it will be the bottom for Bitcoin. But it is very hard to predict a currency and that is the problem. You will never know what will happen.
But we all hope of course that the value will rise for a long time so we can sell it with a huge profit later in the future.
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March 08, 2016, 03:30:22 PM
 #167

We all hope that it will be the bottom for Bitcoin. But it is very hard to predict a currency and that is the problem. You will never know what will happen.
But we all hope of course that the value will rise for a long time so we can sell it with a huge profit later in the future.


Well everybody who has a minimal amount of bitcoin is waiting for the price hike to come but with the current problem on devs and stuff we will just have to wait for some good news of progress.
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March 09, 2016, 09:07:29 AM
 #168

That will be good if that will be the bottom. There is a possibility indeed that it also can be lower. And the price is now a bit stable so that is quite good.
The value is going higher now in the future and that is very good, for those who already made an investment.
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March 09, 2016, 10:51:54 AM
 #169

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
You will never know what will happen in the future. But we all hope that it will not going down, that will be bad.
But we all hope that it will be more worth and that we can sell it with profit and that will be good.
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March 15, 2016, 02:27:36 PM
 #170

After a few months since the OP, the lower bound of the price is $400 now. The price is floating above it for some time.
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March 27, 2016, 08:12:59 AM
 #171

After a few months since the OP, the lower bound of the price is $400 now. The price is floating above it for some time.

I think the price will be $400 this month and it will be $450 in April. Then it will go above $500 in May.
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March 27, 2016, 08:55:35 AM
 #172

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.

Well the price did sail for weeks around the 320 border. Which is a pretty good low for me. From 200 to 250 to 320.
This is what i can call steady progress. Let's see and find out if the new support is 400 dollar.
Indeed 350 is very low for the bottom, I hope that only 400 will be the bottom for Bitcoin, so it will not fall down that much.
You can also see that the value is now a bit stable so that is quite okay for Bitcoin, but we are of course waiting for a price increase.
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March 27, 2016, 01:31:51 PM
 #173

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.

Well the price did sail for weeks around the 320 border. Which is a pretty good low for me. From 200 to 250 to 320.
This is what i can call steady progress. Let's see and find out if the new support is 400 dollar.
Indeed 350 is very low for the bottom, I hope that only 400 will be the bottom for Bitcoin, so it will not fall down that much.
You can also see that the value is now a bit stable so that is quite okay for Bitcoin, but we are of course waiting for a price increase.

Bitcoin might go down till $385. The reason is bitcoin has got circulated around $385 for a long time.

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March 27, 2016, 01:54:39 PM
 #174

350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.

Well the price did sail for weeks around the 320 border. Which is a pretty good low for me. From 200 to 250 to 320.
This is what i can call steady progress. Let's see and find out if the new support is 400 dollar.
Indeed 350 is very low for the bottom, I hope that only 400 will be the bottom for Bitcoin, so it will not fall down that much.
You can also see that the value is now a bit stable so that is quite okay for Bitcoin, but we are of course waiting for a price increase.

even if the price goes below $400, that is going to be extremely temporary.

so it might go down because of a dump in order to create a chance for buying more by traders but it will come back up fast.

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March 27, 2016, 05:46:27 PM
 #175

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.
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April 04, 2016, 04:26:35 PM
 #176

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.

Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more.

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April 04, 2016, 04:40:23 PM
 #177

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.

Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more.

But I don't think that the bottom of it will be $400 or $350, the time a day before halving the price will be reached to about $550 or $600, and after that when halving occur the price will cross about $800 or iff we were lucky then it will reach to or will cross $1000, and after that everyone will have to use it for some normal use as I am seeing, and so it will not come back much faster.
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April 04, 2016, 04:41:42 PM
 #178

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.

Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more.

Yeah I don't think that bitcoin will go below $400 even after the halving as the price is rising slowly now so we can expect higher price even after the halving.
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April 04, 2016, 04:47:41 PM
 #179

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.

Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more.

Yeah I don't think that bitcoin will go below $400 even after the halving as the price is rising slowly now so we can expect higher price even after the halving.
But there's a possibility that the price will crash again back below $400 we dont know what will happen after halving maybe instead the price is slowly increasing the price will slow decrease..

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April 04, 2016, 05:15:19 PM
 #180

Well it turns out OP was right. If you do a zoom out in Bitcoinwisdom.com you will see that the bottom was around that range, and we have been far out of that price since then. It's safe to say we are not going to see anything near 350$ again.

Exactly, the bottom price for the near future will be around $350. After the halving, the bottom will be $400 or more.

Yeah I don't think that bitcoin will go below $400 even after the halving as the price is rising slowly now so we can expect higher price even after the halving.
But there's a possibility that the price will crash again back below $400 we dont know what will happen after halving maybe instead the price is slowly increasing the price will slow decrease..

At this point we still may see the price fall below $400 as the current price of $419 most likely won't survive a good dump. If after the block halving the price goes up to around $550-$600 the probability of seeing the price go sub $400 is getting smaller and smaller. Only time will tell.
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