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Author Topic: $350 will be the bottom  (Read 13089 times)
g-unit
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January 28, 2016, 01:17:04 PM
 #61

I could see a flash crash to low 300's, possibly upper 200's, once a solution to the block size problem is announced. People will panic sell for sure. I'm waiting for something like this to load up on coins.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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January 28, 2016, 04:04:13 PM
 #62

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...
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January 28, 2016, 05:05:08 PM
 #63

You can not set a limit on the minimum price. It's all unpredictable.
But I think the price will rise instead of fall.

But we can never predict.
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January 28, 2016, 05:06:35 PM
 #64

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

I think it the bottom will be $350 not lower as $350.
After the halving the price will be increasing to a high number that's sure.
But one thing for sure the bitcoin will raise again to a likely high number.

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January 29, 2016, 01:25:51 PM
 #65

I really don't think it will reach 350$, not even saying anything about 300$. It would be absurd.

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January 29, 2016, 02:00:32 PM
 #66

We're retesting 350$ soon, now we tested 370$ and it worked. I hope we test 350$ in February then we get a new bull market. I can't make enough money from bear markets.
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January 29, 2016, 02:38:44 PM
 #67

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

Why? Do you believe that it is impossible that miners lose money?
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January 29, 2016, 02:45:15 PM
 #68

I could see a flash crash to low 300's, possibly upper 200's, once a solution to the block size problem is announced. People will panic sell for sure. I'm waiting for something like this to load up on coins.
I don't know, I think it will be at the bottom at 350$ its very difficult of course because the market is unpredictable. I think we just have to wait and see the price will fall.
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January 29, 2016, 03:40:36 PM
 #69

I really think the price will go lower to 300 dollars. You've seen bitmaintech selling their stuff against 'bargain prices'
Which means their pump is over.

it cannot, simply because the diff rised by a lot, since we were at 300, people tend to forget that miners need their reward. and must remain the same

so if there is the halving, the value must increase, if the diff increase(because the value increased before the halving) the value must increase again, etc...

Why? Do you believe that it is impossible that miners lose money?


yes, they will shut down their miners instead, and making the network unsecure, which will lead eventually to the died of bitcoin, which i find more possible than thinking that miners will sit there mining at loss, especially greedy chinese farm that are mining only for profit...
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January 29, 2016, 07:18:00 PM
 #70

the price will not drop that much most probably because people see that bitcoin is actually not failing so they will most probably start buying bitcoin
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January 29, 2016, 07:25:59 PM
 #71

Seems really weird right now. I would think the price would be rising, but it is sub 380 again
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January 29, 2016, 08:11:03 PM
 #72

it will surely be the bottom, the price will not drop any more and then it will start going up as soon as possible




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January 29, 2016, 08:14:11 PM
 #73

Seems really weird right now. I would think the price would be rising, but it is sub 380 again

Many people expected the price to rise in this new year but they get disappointed because the price isn't moving much. I think it's mainly the fact that people have high expectations as the rise at the end of 2015 made them over-optimistic. This price allows people to accumulate some more coins as a lot people are buying Bitcoin with a fixed amount of money each month. Me as example ; I buy $100 worth of Bitcoin each month. As long as the price remains fairly low as it is now, my $100 will get me a stable amount of coins each month.
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January 29, 2016, 08:30:59 PM
 #74

I could see a flash crash to low 300's, possibly upper 200's, once a solution to the block size problem is announced. People will panic sell for sure. I'm waiting for something like this to load up on coins.
I don't know, I think it will be at the bottom at 350$ its very difficult of course because the market is unpredictable. I think we just have to wait and see the price will fall.

Just take the market analysis of last three months you will realize that the bottom is $350 and there is not much possibility of going below that. I think Bitcoin will set a new benchmark soon
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January 29, 2016, 08:36:29 PM
 #75

it will surely be the bottom, the price will not drop any more and then it will start going up as soon as possible
price is start dropping and i see we can back to $350, for me the new bottom or not. it will not a problem if i still can get a profit.
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January 29, 2016, 09:14:16 PM
 #76

I suspect we will fall much bigger then 350.
With some real panic selling we could touch 280 or even lower. Let's see what will happen.

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January 29, 2016, 09:27:31 PM
 #77

I suspect we will fall much bigger then 350.
With some real panic selling we could touch 280 or even lower. Let's see what will happen.

Well with the replies about it possibly reaching a low level we're not really helping the general view of how the price will go. Panic sellers could be influenced by the posts, so I'll go ahead and say:

We're not going to decline very much - we can be stable!

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January 29, 2016, 11:47:23 PM
 #78

If $350 is the new bottom now, then the price this weekend will test breaking it down
and this testing starts today as the price reached $360 levels today
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January 30, 2016, 03:13:06 AM
 #79

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.
ya i feel like 350 is a fair valuation for bitcoin currently and i expect it to increase before the halfing but i dont think itll rise as much before that happens.

a couple months before the halfing it should rise a TON.
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January 30, 2016, 04:10:02 PM
 #80

I guess not, but if it means, it could worsen the bitcoin prices in the future, I think this is only temporary if the price decreases bitcoin at $ 350 and above, and the price will definitely go back to $ 400 again  Smiley

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