Denker
Legendary
 Offline
Activity: 1442
Merit: 1014
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August 14, 2016, 05:06:16 PM |
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Time to pick up more bitcoin ?
Well if you have some spare money left and want to invest...why not. If you want to trade I would wait and check the next few hours what the price will do. Right now we are close to the 565 support line which had been tested 2 times within the last 3 hours. The superior trend (H1 chart) is bearish.So there is a possibility for another downwards breakthrough and then next support line is at 552. The daily and weekly chart however is still pretty bullish. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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TheHangingLog
Newbie
Offline
Activity: 17
Merit: 0
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August 14, 2016, 06:31:49 PM |
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Most American finex accounts still locked -- can't withdraw or trade, can't buy if can't trade  |
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2legit2
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August 14, 2016, 06:37:44 PM |
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so what that it is down at the moment? in my opinion the price increase is going to happen pretty soon, i hope that we will all get a lot of profit out of this
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1042
#Free market
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August 14, 2016, 06:58:35 PM |
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Honestly I don't see any reason to be bullish  , at the moment this is a bearish market. |
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purebitco
Sr. Member
Offline
Activity: 337
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 14, 2016, 07:50:56 PM |
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Most American finex accounts still locked -- can't withdraw or trade, can't buy if can't trade it is really sad to hear that to be honest, i hope that everything is going to be solved soon then people will be able to buy a lot of bitcoins again and push the price |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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August 14, 2016, 09:03:06 PM |
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Honestly I don't see any reason to be bullish , at the moment this is a bearish market. And what made you come to that conclusion? Just because the Bitfinex hack, or has it some other reason to it? I think the market is moving in a neutral pace right now. Not bearish and not bullish. |
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Slark
Legendary
Offline
Activity: 1862
Merit: 1004
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August 15, 2016, 12:14:40 AM |
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It might be slowly going down right now, but this is somewhat expected.
This is nothing like the post-halvening moon I was promised. This sucks Price collapse is linked to recent Bitfinex hack. If that didn't happen then we would probably be sitting on stable $700 by now. And it is not that bad news, as you can buy some cheap bitcoin before we resume climbing again. |
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calme
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August 15, 2016, 02:03:37 AM |
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This is nothing like the post-halvening moon I was promised. This sucks Damn, you bought into the lie  |
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Schuyler
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August 15, 2016, 02:31:27 AM |
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I think the price is still trying to establish a good support, which it has not done since the bitfinex hacking. It has not broken the $600 resistance in a while now and that seems to be the nearest price that needs to be reach for it to be stable. If anything, this is another buying opportunity for those who still have funds.
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pooya87
Legendary
Offline
Activity: 3444
Merit: 10550
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August 15, 2016, 03:58:41 AM |
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looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.
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pitham1
Legendary
Offline
Activity: 1232
Merit: 1000
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August 15, 2016, 06:16:37 AM |
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looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.
If you pick bottoms, you get shit.  Timing the market is very difficult, better to buy and hold bitcoins. |
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lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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August 15, 2016, 07:26:44 AM |
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looks like Okcoin news hit the market but i thought the effect would be a little bit more than just $10 but anyways i think these days if you can find the bottom and buy in a dip, that would be a good choice for entering and making a profit in a short time.
If you pick bottoms, you get shit. Timing the market is very difficult, better to buy and hold bitcoins. It's not always shit, it's all risk, and while it really is difficult it's worth it if you have lots of fiat to buy and play with. However, if you're like me that buys only 0.1 BTC at a time, then it's better to buy and hold. |
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shadobitz
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August 15, 2016, 08:36:32 AM |
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Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.
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greBit
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August 15, 2016, 09:21:24 AM |
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Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.
I think at this stage there is a chance that price may go even lower in next few days, as I think looking at price going low people have started to sell their coins which is not a good sign actually. |
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1042
#Free market
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August 15, 2016, 09:52:24 AM |
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Honestly I don't see any reason to be bullish , at the moment this is a bearish market. And what made you come to that conclusion? Just because the Bitfinex hack, or has it some other reason to it? I think the market is moving in a neutral pace right now. Not bearish and not bullish. The halving, the bfx hack and so on.... it's normal a sell pressure and a bear market (summer is always bearish  ). |
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stromma44
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August 15, 2016, 12:15:43 PM |
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Price is under pressure at the moment because we have no bullish sign at the moment, so that it's very hard to suggest anything a lot of people just selling and that is the cause, it could take more longer time to get recover some part of it.
I think at this stage there is a chance that price may go even lower in next few days, as I think looking at price going low people have started to sell their coins which is not a good sign actually. Price is at $570 at a moment which is higher in compare to yesterday as it was playing at $560 last evening, so may be it will continue to rise slowly and steadily in coming days. |
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Red-Apple
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August 15, 2016, 02:50:00 PM |
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Time to pick up more bitcoin ?
yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming. Price has gone down today and it can go even lower in next few days, so I will prefer to wait for some more time to buy bitcoins, and if it doesn't goes lower then will buy whatever price I see in next few days. yeah, that is what i meant. sorry if i wasn't clear. i think the correct word for it was "it is a great opportunity" to buy bitcoin. because this situation is creating a panic sell and always after these panics there is a big jump back that you can use to buy at the bottom and make a good profit out of. |
--signature space for rent; sent PM--
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tygeade
Legendary
Offline
Activity: 2100
Merit: 1058
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August 15, 2016, 02:55:08 PM |
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Time to pick up more bitcoin ?
yes this is an excellent time to buy more bitcoin, and whenever you see kwukduck is getting active again on the forum and also you see him creating alt accounts to post and then reply to himself with his main account you should know that it is a good time to buy bitcoin and there is a rise right after this phase coming. Price has gone down today and it can go even lower in next few days, so I will prefer to wait for some more time to buy bitcoins, and if it doesn't goes lower then will buy whatever price I see in next few days. yeah, that is what i meant. sorry if i wasn't clear. i think the correct word for it was "it is a great opportunity" to buy bitcoin. because this situation is creating a panic sell and always after these panics there is a big jump back that you can use to buy at the bottom and make a good profit out of. yes I think this is a great time to buy bitcoins, price went down after the bitfinex scam and people got panic and started to sell their coins, but its good to see price recovering slowly once again. |
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maydna
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August 15, 2016, 03:24:08 PM |
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for me, i will wait in a moment for a while, and after that maybe i will buy. but i am not sure it will go down to deep for now. its all depend of the market traders, will they dump or even they have to pump it? market its still can not predict even the chart said down or up.
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serjent05
Legendary
Offline
Activity: 2842
Merit: 1255
Cashback 15%
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August 15, 2016, 04:16:53 PM |
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Time to pick up more bitcoin ?
Possibly the right time to buy bitcoin. Price is cheaper now than weeks ago. This might also an indication of bitcoin going to increase in price again for next week or month. It is always like this before bitcoin go up in price. And I dont think bitcoin will go down deeper because there are lots of people who are into bitcoin now. |
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