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Author Topic: $350 will be the bottom  (Read 13089 times)
ElpadroBitcoin
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June 08, 2016, 03:23:34 PM
 #261

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.
350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.
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June 14, 2016, 10:53:00 AM
 #262

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.
350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.

Glad you stuck around! Your patience will be rewarded.  We are about 5 months from my initial prediction, and it appears I was right. But, its looks like the pop will happen sooner than September.  I think the July-August time frame is more accurate for new all time highs.  I saw a lot of parallels in the graph of Jan-Oct 2013 with the timeframe of late 2013-present.  The moonshot is close at hand.
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June 14, 2016, 11:47:15 AM
 #263

i hope that the price will not drop that much for now because a lot of people would start dumping really fast
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June 14, 2016, 03:02:14 PM
 #264

I also think that 350 will be the bottom of th ebitcoin and he will not reach that again for sure and that is all i know the rest i dont think allot about the only thing i hope is a price rising lol.
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June 16, 2016, 09:40:23 AM
 #265

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.
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June 22, 2016, 06:21:38 AM
 #266

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

That is called shorter squeeze. I hope not many people will use levage to buy, they might lose a lot of money.
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June 22, 2016, 06:50:41 AM
 #267

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

Well that's the way the game is played. I thing we will easily go back to 500 maybe even lower.
If 500 breaks, then we surely see 400 dollar very soon due to panic selling.
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June 26, 2016, 03:18:47 PM
 #268

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

Well that's the way the game is played. I thing we will easily go back to 500 maybe even lower.
If 500 breaks, then we surely see 400 dollar very soon due to panic selling.

If the 500 breaks, we will see $400. But the $500 was tested a few days ago, so it will not go to $400 very soon.

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June 26, 2016, 06:34:47 PM
 #269

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.

Well that's the way the game is played. I thing we will easily go back to 500 maybe even lower.
If 500 breaks, then we surely see 400 dollar very soon due to panic selling.

If the 500 breaks, we will see $400. But the $500 was tested a few days ago, so it will not go to $400 very soon.

With the price going down again it's time to see what the new low will be. Looking at the past, I would say we will go back to 300- 350. But in that case miners will have a very hard time to make a profit. Even the large mining farms in Asia. Which makes me think the new low will be around 450-500 dollar
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June 26, 2016, 07:01:46 PM
 #270

i hope that the price will not drop that much for now because a lot of people would start dumping really fast
thats true, but we will definitely not see 350 numbers in my opinion because people will be buying fast as price has potential to grow

 
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June 26, 2016, 07:33:56 PM
 #271

New bottom based on my speculation, would be 850. I know we have not reached it yet, but we are to go on a big ride which is upcoming, and we will surely not see any coin being devaluated under 850 after that pump.

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CryptoBjorn
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June 26, 2016, 07:49:56 PM
 #272

New bottom based on my speculation, would be 850. I know we have not reached it yet, but we are to go on a big ride which is upcoming, and we will surely not see any coin being devaluated under 850 after that pump.

The price didn't get there yet, so at this moment you can't see the current bottom is 850. As a matter of fact it's probably 50% lower, somewhere near 380 /400 dollar.
But if we hit 500, there is a good chance the dumping will cause more damage, leading the price to touch 330 dollar
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June 26, 2016, 08:03:14 PM
 #273

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.
well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

 
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JumperX
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June 26, 2016, 08:27:03 PM
 #274

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.
well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.
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June 26, 2016, 08:57:55 PM
 #275

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.
well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.
How you sure that it will not going back below 500 and i think we dont know what will happen because bitcoin is unpredictable and bitcoin is not indemand after the even because the event is already done and it takes long journey that the price will increase again..

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June 30, 2016, 01:29:39 PM
 #276

i hope that the price will not drop that much for now because a lot of people would start dumping really fast

It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price.
well yeah, the people who trade will have to buy does not matter whether the price is high or not, but i doubt the price will fall to 350 dollars

We will never see that low price again and even if bitcoin falls after the halving or in future then maximum low would be $500 nothing below then that.
How you sure that it will not going back below 500 and i think we dont know what will happen because bitcoin is unpredictable and bitcoin is not indemand after the even because the event is already done and it takes long journey that the price will increase again..

That will be the same reason why the bitcoin price will not go below $100. there are much more users now.
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June 30, 2016, 02:06:22 PM
 #277

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.
350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.
350 dollar was a really long time a go, i think we will never come back to such low prices right now because bitcoin will have much more possibilities to grow right now during the halving

in my opinion 600 is now the new bottom and we will see even bigger increases in the future with bitcoin, i think that during the next year the price is going to grow a lot maybe to a new all time high
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July 01, 2016, 03:24:47 PM
 #278

I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.
350 Dollar was the bottom for some time and the price was stable for a long time. I was lamost going to quit with Bitcoin at that moment but I stuck it out and stayed.
350 dollar was a really long time a go, i think we will never come back to such low prices right now because bitcoin will have much more possibilities to grow right now during the halving

in my opinion 600 is now the new bottom and we will see even bigger increases in the future with bitcoin, i think that during the next year the price is going to grow a lot maybe to a new all time high

I agree with the comment that £350 will not be reached again. But I think the price will trade between $550 and $700.
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July 02, 2016, 07:17:18 AM
 #279

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.
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July 08, 2016, 07:07:16 AM
 #280

Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.

I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners.

That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher.
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