What did I tell you? BTC will stay down under $600

[deisik]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if you don't

[Capradina]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if don't

Yeah that's something right. because the fundamentals are something that affects on our growth in progress or success. If we negative thinking up something not entirely negative then we will have a bad thought and will never succeed against it. So is the price of the bitcoin

[Rahar02]

just wait until the end of the year to make sure your prediction is right. because I think the potential to rise above $600 is huge for this year, even easy to achieve in the coming months.

end of the year is 4 months away and in these 4 months a lot of things can happen with bitcoin which can make the price go up again at least above $600.
this is why i never like the long term exact predictions about bitcoin, you can only talk about short term with bitcoin.

Well, the assume need some evidence if bitcoin will going to decrease or increase, keep in the level lower than $600 for the end this year I think could happen, but looking at the history and the price keep rising, if there are no trouble like before it might be reach $600, because this weeks bitcoin price around $540-580, it's possible for sure.

[Denker]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

If that should really happen I tell you the rebounce and rise after that will be bullish as hell!!
The fundaments are looking really good and that is what counts in the long run.
Let the price drop again, I might grab a bit more BTC.For accumulation prices below $550 and lower are appreciated.

[lumeire]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if don't

A lot of these articles state that we haven't even felt the main wave of the coming bear market. While I believe their reasons are pretty much justified, I still think we'd hold at least over $500 till next month.

[ironm@n]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if don't

That's true, fundamentals really matter and it is something important to identify in any investment.

[yui]

Let's see if we hold $500 and ultimately CNY3000.

yes, if 3000 mark breaks, will be deadly

[vero]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if you don't

In bitcoin yeah long run fundamentals can working well but in stock not sure. okay we talk about bitcoin so even though now the price stay at under $600 but soon as possible the price would back rise.

[jerowacik]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if you don't

In bitcoin yeah long run fundamentals can working well but in stock not sure. okay we talk about bitcoin so even though now the price stay at under $600 but soon as possible the price would back rise.

still likely bitcoin has a price above 600USD rates. we still have a great opportunity to benefit from the sale and purchase bitcoin. I think now is the right time to buy some of the bitcoin.

[Wind_FURY]

~~~How can you deny that BTC is going sideways-slightly down right now ~~~

are you really asking this?
there is always a range for any price, for bitcoin this range is slightly bigger than other markets like gold or forex. and right now this range is around $570 and unless it goes to $550 you can not call it sideways or "slightly down"! and even $20 is not unusual for bitcoin.

What would you call it right now? Is still going up currently? Please look at the chart and tell me what it is really doing. It is going sideways and slightly down from where I am looking.

[pooya87]

~~~How can you deny that BTC is going sideways-slightly down right now ~~~

are you really asking this?
there is always a range for any price, for bitcoin this range is slightly bigger than other markets like gold or forex. and right now this range is around $570 and unless it goes to $550 you can not call it sideways or "slightly down"! and even $20 is not unusual for bitcoin.

What would you call it right now? Is still going up currently? Please look at the chart and tell me what it is really doing. It is going sideways and slightly down from where I am looking.

yeah if you look at the charts starting from 18 July 2016 there is a down trend. but since you are talking about the current state you should also look at the current week (unless you are talking about daily changes which is a totally different story)

and looking at the chart for last week the price is moving up and down between 570-580 and you can not call this "down"

[Wind_FURY]

Yes that is not down. That is why I said it is moving sideways - slightly down. I hope you can also see it from my point of view and avoid this petty argument. But I think we both would agree that for the time being BTC will not go above $600. For how long it will stay under $600 will be different for most people, but mine is until the end of the year. That is because there could be another fall in price that will take it at the low $500's. That's where we should all start buying in my opinion.

[Cobalt Ink]

So i guess the Halving was alredy priced in before the event 

[nydiacaskey01]

Looks like we will be stuck in the $570  to $580 USD for a long time, I checked for the past 10 days the average is $577.81 (from August 16 to August 25). Last time weve seen the $600 USD level is 23 days ago at $606.17. Movements for the past few days is not big, the biggest so far is +$12 last August 5, after that the average is $2.77.  

[1Referee]

Looks like we will be stuck in the $570  to $580 USD for a long time, I checked for the past 10 days the average is $577.81 (from August 16 to August 25). Last time weve seen the $600 USD level is 23 days ago at $606.17. Movements for the past few days is not big, the biggest so far is +$12 last August 5, after that the average is $2.77.  

It's all good. I actually don't mind this kind of stability in the market. It's nice to send someone an amount today, and that it still has the same value some days later. Good step forwards for people appreciating the currency aspect of Bitcoin. It's their time now.

[BitHodler]

Looks like we will be stuck in the $570  to $580 USD for a long time, I checked for the past 10 days the average is $577.81 (from August 16 to August 25). Last time weve seen the $600 USD level is 23 days ago at $606.17. Movements for the past few days is not big, the biggest so far is +$12 last August 5, after that the average is $2.77.  

It's all good. I actually don't mind this kind of stability in the market. It's nice to send someone an amount today, and that it still has the same value some days later. Good step forwards for people appreciating the currency aspect of Bitcoin. It's their time now.

Stability is indeed a great thing, however, I see quite some people complaining and worrying about the price that isn't moving a lot last weeks.

I think it's the constant hunger for seeing the price go up that makes people behave and think like that. Don't think this will ever change.

[Labumi]

Looks like we will be stuck in the $570  to $580 USD for a long time, I checked for the past 10 days the average is $577.81 (from August 16 to August 25). Last time weve seen the $600 USD level is 23 days ago at $606.17. Movements for the past few days is not big, the biggest so far is +$12 last August 5, after that the average is $2.77.  

It's all good. I actually don't mind this kind of stability in the market. It's nice to send someone an amount today, and that it still has the same value some days later. Good step forwards for people appreciating the currency aspect of Bitcoin. It's their time now.

Stability is indeed a great thing, however, I see quite some people complaining and worrying about the price that isn't moving a lot last weeks.

I think it's the constant hunger for seeing the price go up that makes people behave and think like that. Don't think this will ever change.

price change in the bitcoin is indeed something things that cause problems for those who do not have a good degree of patience. If you did want to benefit should you also have to think of negative things that may be happening to us. Prices will surely go up bitcoin it's just that we have to wait for it and never ever worry cause bitcoin won't give you something bad, fixed focus

[Wind_FURY]

Every TA article I've read over the last couple of days is bearish. Let's see if we hold $500 and ultimately CNY3000.

In the long run fundamentals always win. So get in if you believe in the fundas, or get out (of the way) if you don't

I would agree with you but you did not provide any information about bitcoin's fundamentals. It would be very helpful of you if you post some sort of fundamental analysis of the current state of bitcoin backed by factual numbers and factual information. The problem here is you want us to believe you but how can we even if we really wanted to?

Please post your fundamental analysis on bitcoin. It will make a good discussion topic for everyone who are interested.

[Cozynunu]

I have been saying this many times and falls under deaf ears. BTC will stay under $600 until the end of the year. But right now most of the people here are still in denial. Once they realize that it will really stay under $600 they will start getting angry. So expect many bearish threads and "bitcoin is dead" threads to come.

Off course he will stay under the 600 because there are to many people who are just holding their coins because other people are telling them that he is going to rise you know so when no one spent coins the price wont rise allot and not even higher than 600 each.

[1Referee]

Looks like we will be stuck in the $570  to $580 USD for a long time, I checked for the past 10 days the average is $577.81 (from August 16 to August 25). Last time weve seen the $600 USD level is 23 days ago at $606.17. Movements for the past few days is not big, the biggest so far is +$12 last August 5, after that the average is $2.77.  

It's all good. I actually don't mind this kind of stability in the market. It's nice to send someone an amount today, and that it still has the same value some days later. Good step forwards for people appreciating the currency aspect of Bitcoin. It's their time now.

Stability is indeed a great thing, however, I see quite some people complaining and worrying about the price that isn't moving a lot last weeks.

I think it's the constant hunger for seeing the price go up that makes people behave and think like that. Don't think this will ever change.

What can you expect after the hype before the block halving, and the recent hack of Bitfinex. Of course the market isn't moving much. People complaining about this are plain stupid. If people had a good number of coins, then yes, I could understand they somewhow want the price to go up, but a lot of these complainers mostly have far less than 1BTC. Just because of a potential profit of $20-$50 they keep complaining? Shame on them.