So, how long before it drops to 410 AGAIN?

[talks_cheep]

We're at 420-425 today. We all know it's going back down to 410 soon. The question is when?

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[randy8777]

even if it does go back to $410 in the coming days or weeks, then what? i don't see anything being wrong with that. also, we are only around $10 away from reaching $410, which is literally nothing in the bitcoin world.

[n691309]

We're at 420-425 today. We all know it's going back down to 410 soon. The question is when?

If you are familiar with bitcoin then you will understand that can happen in few moments if big (chinese) exchangers want it, dropping to $410 should be consider as a crash but the other side the price can also hit $450. Maybe in max 2 weeks i expect a slightly drop or a slightly increase.

[fravia]

We're at 420-425 today. We all know it's going back down to 410 soon. The question is when?

i doubt that, you see, halving is incoming and the price will start growing sooner or later, i believe it might be that time that the price starts to increase and now it will go up significantly with time

though bitcoin price is unpredictable and nearly anything can happen in just a few hours so i might be incorrect though if im not then i will surely make some good money out of that

[maokoto]

I am waiting for it. Will sell some at 424-425 expecting to rebuy at 410. Will keep some just in case it goes higher and higher too 

[Olaf]

Dont hold your breathe with these minor drops.

Just look at the overall prices in the next coming month. Or you`ll turn bat crazy and give yourself un-needed stress.

[--Encrypted--]

probably never. 

[The Sceptical Chymist]

LOL, we've been stuck at $420 for weeks now.  It has been weeks, right?  So maybe we're going to stay at this price for good, right? 

Having a stable price is good for bitcoin as a currency.  Wild price swings are good for traders.  Which are we?

[magemist]

It won't drop to that level so easily unless there is staggering news that will impact it's progress. It is only going up now, so why not just ride the wave instead of asking when will it come crashing down again. 

[talks_cheep]

Some interesting observations from various people so far. I never said it will CRASH, only that it will retest the 410 level again as it has been doing for the last couple of weeks. Now that I'm expecting a drop to 410, it's going UP to 425 or higher currently.

[The Sceptical Chymist]

Some interesting observations from various people so far. I never said it will CRASH, only that it will retest the 410 level again as it has been doing for the last couple of weeks. Now that I'm expecting a drop to 410, it's going UP to 425 or higher currently.

I definitely agree that we might test 410--but that's not much of a move.  All things considered, in the world of bitcoin, 425-->410 is just a itsy-bitsy fluctuation.  I'm hoping we'll break upward instead, but we'll see.

[talks_cheep]

I still have a bad feeling about this steady, long march to 425. It will probably drop to 410 tomorrow or Thursday at the latest. It's my gut feeling. I'm selling some coins.

[Ch3wbacca]

Bitcoin is never stable. Remember this.

[kwukduck]

As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

[Amph]

As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

there is the 2mb fork coming also not this years but it's coming, and 4mb of total limit will be sufficient for the time being, block would at best starting to saturate the first 2mb, in the upcoming years

[NorrisK]

As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

Luckily your predicitions are always spot on. You have been ranting since 200 how bitcoin is going to drop more and more but you have been awfully quit lately haven't you?

Just face it, price is not moving much lower anymore. Problems being solved, halving coming, 400 is very likely the new bottom.

[1Referee]

As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

It's not a problem. It may be seen as an inconvenience by some people, but that's all it is. The only real problem is that there have been formed several groups of alternatives that are now battling each other to get their "best version of Bitcoin" into the world. But they will never win. Their existence is very short term.

[LMGTFY]

As more and more people discover that the implementation of SegWit only pushes the problem forward for maybe a few months, we can expect prices to plummet again.

It's not a problem. It may be seen as an inconvenience by some people, but that's all it is. The only real problem is that there have been formed several groups of alternatives that are now battling each other to get their "best version of Bitcoin" into the world. But they will never win. Their existence is very short term.

@1Referee:

I'm not seeing the problem there, to be honest. At the final analysis, the miners get to decide which is the "best version" - the same as it's always been. The only thing different now compared to the past is that there are choices besides Core.

Oh, and one of them has to win - same as it's always been!

@talks_cheep:

Much as it pains me to be the voice of doom to your voice of restraint - I think if we hit $410 we're probably going a good way further down. However, I think there's a better chance of breaking through ~$425 and going a good way further up. I think the likelihood of sitting around $410 is pretty remote.

[Altcoinmoney]

We're at 420-425 today. We all know it's going back down to 410 soon. The question is when?

Yeah the barrier is around $400 it seems. Personally I do not like this because it is to much for me to buy bitcoins for and to less to sell bitcoins for. I hope the price is going to change fast.

[LMGTFY]

We're at 420-425 today. We all know it's going back down to 410 soon. The question is when?

Yeah the barrier is around $400 it seems. Personally I do not like this because it is to much for me to buy bitcoins for and to less to sell bitcoins for. I hope the price is going to change fast.

This makes no sense. If you invest $100 in BTC ( regardless of the BTC/USD rate) and BTC/USD goes up 5%, you've made 5%. Doesn't matter if 1 BTC costs $1 or $10000 - you've still made 5%.

BTC is subdivided into 100 000 000 "satoshi". If necessary, these could be further subdivided. No one's particularly talking about doing that because the cost of one satoshi is negligible. No matter how little money you have - you can buy BTC. No matter how little BTC you buy - you'll make the same profit (or loss) as everyone else buying at the same price as you.

This "Bitcoin is too expensive" nonsense is silly.