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Author Topic: Price is going sideways again  (Read 1634 times)
talks_cheep (OP)
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January 30, 2016, 02:32:24 PM
 #1

We all know how it's going to end up, after a period of flatlining. A drop to 360 is INCOMING!!!

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afriezalie
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January 30, 2016, 02:39:01 PM
 #2

Maybe we will touch $360 in several days. But there will be pump activity soon. I see this condition happens every year. Bitcoin price always depends on pump and dump activity, also news. We can't predict what will be happened. Maybe we will touch $360 or we will go to $390 because of market demands.
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January 30, 2016, 02:41:54 PM
 #3

BTCitcoin value was never 100% fixed on a certain value and it's completely normal to go up and down within the $5 to $10 range and today's high and lows until now only has a difference of $5 so it's pretty much normal and no panic is needed. It takes a lot of time to decrease these shakes and since BTCitcoin is still recovering from the recent dump and panic selling, then these scenarios won't end yet (at least for the time being).

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LMGTFY
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January 30, 2016, 02:42:24 PM
 #4

We all know how it's going to end up, after a period of flatlining. A drop to 360 is INCOMING!!!
That's not flat-lining...

This is flat-lining!

(Not saying a drop is or isn't happening, just pointing out that bound in a $5 range (and, a $100 range for many months prior) preceded the November rise. And that today might be flat, but yesterday wasn't, or the day before...)

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pizza77
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January 30, 2016, 02:56:01 PM
 #5

The alt investors from the alt pump are waiting to see if the alts get dumped further. If the alts get dumped further, the bitcoins they get sold for will get dumped and crash the price. If the alts get re-pumped people will have to buy bitcoins to buy alts with and push the bitcoin price up.
n2004al
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January 30, 2016, 03:48:26 PM
 #6

We all know how it's going to end up, after a period of flatlining. A drop to 360 is INCOMING!!!

First I don't believe that. Second I don't know that. Third bitcoin made everything "he" do and have any kind of law or rule which is followed by him.
There is never two equal situation in its behavior. And not only on its behavior but in the behavior of every other find of money.
If the centralized money which have owners who take care of those moving their price according to the monetary policies don't do two times the same thing how can be pretended such thing by bitcoin which is decentralized and orphan (his dad is hidden who knows where).
So from where come the conviction of OP that this time its price will go in the next days or weeks at that price?  Huh
JavaLove
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January 30, 2016, 04:47:54 PM
 #7

Well when I woke up this morning it was at $370 and rose $10 to $380. In a market like Bitcoin, it's totally normal to go up and down $10 - $20. Just because it does you shouldn't sell as you'll be making a huge mistake.

Even if the price went down to $200 I'd still trust Bitcoin. If it did go that low it'd be because of some leaked story, or gossip within the community. I would know for a fact that bitcoin would rise again. Even if it drops to $360 it will probably be right back up to $400 in a few days - or sooner. I'm positive we'll see $500 soon and once halving comes the price will skyrocket.

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randy8777
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January 30, 2016, 04:57:24 PM
 #8

the price might go down a bit, but whatever is happening, i can't see the price go sub $350. the support there is simply too strong at that level.
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January 30, 2016, 05:31:11 PM
 #9

This applies. Replace 'bass' with 'bitcoin'.
https://www.youtube.com/watch?v=XCawU6BE8P8

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January 30, 2016, 05:55:05 PM
 #10

At the moment the sellers are in control of the price and the price might drop to about $350 and probably from then on would have some support. Probably some news about the Japanese Banks being charged a negative interest rate might boost buyers to buy Bitcoins and probably stabilize the price.
romero121
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January 30, 2016, 05:55:14 PM
 #11

the price might go down a bit, but whatever is happening, i can't see the price go sub $350. the support there is simply too strong at that level.

Now the price is going down than what everyone expected. So we can't be sure that it won't go sub 350$ this time.
Nahl
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January 30, 2016, 05:58:11 PM
 #12

because the price was never hit again to $400 more than 1 weeks actually i do had bad feeling for bitcoin price and it seems $350 will be the bottom for next week or probably we will see the price below of $350
btcdevil
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January 30, 2016, 06:40:04 PM
 #13

The Bitcoin price is going slowly slowly down like first it was $450 then crashed nearly $410 then it traded for $430 . Then back after few days it crashed and got support at $390 and bounced back till $420 then crashed back to $370 got support and bounced back till $399 and now it got crashed to $365 got support here and bounced back till $383 and now it is roaming in between $370 - $380. next crash support is near $350 and will bounce back.

Like this it is sliding the price but not going up. the last support will be near $320 if that support broke we can see the panic selling and price come to $250.
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January 30, 2016, 06:55:26 PM
 #14

We all know how it's going to end up, after a period of flatlining. A drop to 360 is INCOMING!!!

For the last three days bitcoin is dropping a bit but not to much to worry about, maybe $350 will be reached through the weekend but from Monday i expect a slightly increase.
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January 30, 2016, 06:56:16 PM
 #15

We all know how it's going to end up, after a period of flatlining. A drop to 360 is INCOMING!!!
Why? There's no clear indication of that happening right now. Don't panic sell right now, while there's still opportunity for an increase in the bitcoin price. It won't drop that hard.

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January 30, 2016, 07:22:54 PM
 #16

Price seems to be in the 300 for a while now, and will likely remain the same if no news are happening.

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January 30, 2016, 07:28:30 PM
 #17

the price will not start dropping for sure in my opinion, it might be stable for a while but most probably it will surely be a huge rise in the future
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January 31, 2016, 08:11:14 PM
 #18

Yes, turns out this month indeed isn't very spectacular regarding price and a mostly boring month for traders. Also not much movement from the most prominent altcoins (LTC, PPC, NMC) relative to Bitcoin and in absolute value. See if 'we' can start a slow uptrend in february, though I haven't seen any news that could spark this.
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January 31, 2016, 08:28:06 PM
 #19

I don't think we will see a significant drop in prices to happen.What is my approach towards current situation these all are short-term drops and there is no such a downtrend.If this was the case then was surely needed to be worried about.
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January 31, 2016, 08:33:16 PM
 #20

Price seems to be in the 300 for a while now, and will likely remain the same if no news are happening.

The price is around $400 for some time. It drops when there is news about the block size increment. Because these news reflect the diversity of the bitcoin community.
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