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Author Topic: touch down to 800$ is near  (Read 6770 times)
tee-rex
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December 20, 2016, 10:30:37 AM
 #101

789 and 790 usd in Bitstamp and bitfinex respectively but the interesting point is the price in localbitcoin 849 usd in preev Shocked
Localbitcoins is always above the exchanges with price and it's logical. It requires people to meet in person and that takes more effort than a couple clicks and much more time.
If you want to know "standard" bitcoin price. Then you can't use:

1. Local exchanges - they sell more expensive BTC (due to limited volume and increased demand)  - just look at Indian and African exchanges.
2. P2P trading platforms - there is additional 'fee' when you want to buy bitcoin in a more anonymous fashion.
3. This tool is probably the best service where you can quickly estimate average price of BTC - http://preev.com/btc/usd

I prefer https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd

They average the prices at virtually all the exchanges, weighted by volume, excluding the volumes at zero-fee exchanges. They're also used as the base price by most BTC ATMs here in Toronto.
_____________

They're currently at $795USD having touched $797 earlier today.

Close, so close. Any day now.

Price seems to have been trading sideways for three days already. Bears are aggressively fighting with bulls, and the demand for bitcoins, which had been overwhelming the supply recently, looks like being balanced finally at sub-$800 levels. People are obviously now fixing profits. If the number of bears runs dry faster than the number of bulls we will break through the resistance at $800. Else we could crash down to $750 with a quick selloff commencing.
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December 20, 2016, 11:03:37 AM
 #102

789 and 790 usd in Bitstamp and bitfinex respectively but the interesting point is the price in localbitcoin 849 usd in preev Shocked
Localbitcoins is always above the exchanges with price and it's logical. It requires people to meet in person and that takes more effort than a couple clicks and much more time.
If you want to know "standard" bitcoin price. Then you can't use:

1. Local exchanges - they sell more expensive BTC (due to limited volume and increased demand)  - just look at Indian and African exchanges.
2. P2P trading platforms - there is additional 'fee' when you want to buy bitcoin in a more anonymous fashion.
3. This tool is probably the best service where you can quickly estimate average price of BTC - http://preev.com/btc/usd

I prefer https://bitcoinaverage.com/en/bitcoin-price/btc-to-usd

They average the prices at virtually all the exchanges, weighted by volume, excluding the volumes at zero-fee exchanges. They're also used as the base price by most BTC ATMs here in Toronto.
_____________

They're currently at $795USD having touched $797 earlier today.

Close, so close. Any day now.

Price seems to have been trading sideways for three days already. Bears are aggressively fighting with bulls, and the demand for bitcoins, which had been overwhelming the supply recently, looks like being balanced finally at sub-$800 levels. People are obviously now fixing profits. If the number of bears runs dry faster than the number of bulls we will break through the resistance at $800. Else we could crash down to $750 with a quick selloff commencing.
Nice illustration here mate which is really true.If the demand will be more than the supply we will surely breakout the $800 price in no time and we are already almost there actually.Just a little more movement on the price we will touch this price but we should expect that there are times that it will go down again since people will surely secure their profits.

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uki
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December 20, 2016, 11:03:52 AM
 #103

Price seems to have been trading sideways for three days already. Bears are aggressively fighting with bulls, and the demand for bitcoins, which had been overwhelming the supply recently, looks like being balanced finally at sub-$800 levels. People are obviously now fixing profits. If the number of bears runs dry faster than the number of bulls we will break through the resistance at $800. Else we could crash down to $750 with a quick selloff commencing.
Not being a bear, I am still surprised how good Bitcoin price is behaving. We are observing a solid growth, or at least price is not descending for  a little while already. There is nothing bad about cooling down the indicators a little bit. Now having said that, I expect the price to correct a bit more after Christmas, as these who want to get the profits will do that before year end, for tax reasons.

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December 20, 2016, 01:49:06 PM
 #104

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.
I know it gonna break the wall and it will pass through the speculation price, Bitcoin is getting strong again i want to sell my bitcoin to indian because the bitcoin there is already 840$ they buying bitcoin plus 15% of it's original rate. I want to sell my bitcoin before christmas to have some to eat.
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December 20, 2016, 04:12:26 PM
 #105

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.
I know it gonna break the wall and it will pass through the speculation price, Bitcoin is getting strong again i want to sell my bitcoin to indian because the bitcoin there is already 840$ they buying bitcoin plus 15% of it's original rate. I want to sell my bitcoin before christmas to have some to eat.

You are going to eat like a king! An Indian King Smiley

katrimans
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December 20, 2016, 05:14:37 PM
 #106

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.
I know it gonna break the wall and it will pass through the speculation price, Bitcoin is getting strong again i want to sell my bitcoin to indian because the bitcoin there is already 840$ they buying bitcoin plus 15% of it's original rate. I want to sell my bitcoin before christmas to have some to eat.
If you are very much confident that bitcoin will cross its resistant levels why not you just hold your bitcoins for the target of $1000 price levels. I'm not expecting people will start dumping after Christmas because there are continuous demand for bitcoins as more number of new people keep on adopting from all over the world.
Carlsen
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December 20, 2016, 05:46:57 PM
 #107

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.
I know it gonna break the wall and it will pass through the speculation price, Bitcoin is getting strong again i want to sell my bitcoin to indian because the bitcoin there is already 840$ they buying bitcoin plus 15% of it's original rate. I want to sell my bitcoin before christmas to have some to eat.
If you are very much confident that bitcoin will cross its resistant levels why not you just hold your bitcoins for the target of $1000 price levels. I'm not expecting people will start dumping after Christmas because there are continuous demand for bitcoins as more number of new people keep on adopting from all over the world.
The bitcoin longterm trend shows in the upwards direction.
I see no reason for those who are holding for a longer time now to sell after christmas.
Those who hold are not actually in need of money, so they can wait to a time where either the price gets stable or might even drop again.

  It's me!!!
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December 20, 2016, 08:14:20 PM
 #108

We are almost there just little more seem like Xmas is best time of the year
just hope we will stay on that price over and after Xmas

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BrockHunter
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December 20, 2016, 08:25:37 PM
 #109

The 800 dollar is pretty near anmd I hope we will reach it before Christmas it would be a nice gift right ?
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December 20, 2016, 08:31:47 PM
 #110

About 10$ from 800$ at this moment (I am using preev.com), we will get there very, very soon. We should be above 800$ on Christmass if a sudden drop does not happen ( hope it does not). Maybe 850$ around New year? Could be very possible if the price keeps rising..

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December 20, 2016, 08:48:28 PM
 #111

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.
I know it gonna break the wall and it will pass through the speculation price, Bitcoin is getting strong again i want to sell my bitcoin to indian because the bitcoin there is already 840$ they buying bitcoin plus 15% of it's original rate. I want to sell my bitcoin before christmas to have some to eat.
If you are very much confident that bitcoin will cross its resistant levels why not you just hold your bitcoins for the target of $1000 price levels. I'm not expecting people will start dumping after Christmas because there are continuous demand for bitcoins as more number of new people keep on adopting from all over the world.
There is demand on one side, but there is also a supply that is growing each day, on the other. I guess, we should see soon signs of the end of this bull leg. A (small) correction would do very good, to get the energy (cash) for the next leg up afterwards. It would also help altcoins to bounce back, as this recent Bitcoin rally got them pressed against the wall.

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December 20, 2016, 11:20:57 PM
 #112

touch down. 800!
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December 20, 2016, 11:29:19 PM
 #113

Price is up about %1 so either $800 or close to it depending on what source you are using.
Slowly climbing over the last couple hours. Is $800 the new bottom?

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December 20, 2016, 11:53:17 PM
 #114

I know all of us is waiting for bitcoin to get pass that super hard wall to break 800$ mark. The long wait is over bitcoin will gonna break that wall anytime this week. And before christmas it should be 850$. Believe me.

Today price is $798 on preev and still keep rising at the time I write this post, very close to what we've been waiting for in this month.
I think, we could see $800 today, feel can not wait to screenshot the price and show it to my brother and friends.
But, the price will decline too for sure because some people already have intended to sell their coins at the moment when bitcoin price reach that point.
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December 21, 2016, 12:40:35 AM
 #115

Price is up about %1 so either $800 or close to it depending on what source you are using.
Slowly climbing over the last couple hours. Is $800 the new bottom?

Looks lit it just hit $801 momentarily on Bitstamp.
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December 21, 2016, 12:57:34 AM
 #116

$800 hit on GDAX

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December 21, 2016, 02:07:34 AM
 #117

Yes we did past the $800 mark so it is definitely smooth sailing forward from here on in all the way to $1000 by the New Year.
I am hoping I mean. Wink
Congratulations all who have some to show for it! Grin
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December 21, 2016, 02:51:02 AM
 #118

800 dollar is near and its coming very close what is good and I think that it will be very profitable too what is of course good.
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December 21, 2016, 02:58:45 AM
 #119

800 dollar is near and its coming very close what is good and I think that it will be very profitable too what is of course good.

We're already here! http://www.coindesk.com/
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December 21, 2016, 06:11:05 AM
 #120

Congratz erryone, and I just won a bet on betmoose Tongue
Bitcoin above $800 before Jan 2017

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