$1000: New floor?

From now on We can the price of 1,000$ as like as benchmark to consider if it is down or up.
That is good point to watch the bitcoin price in the future. Thank you for your idea, guy.

Quote from: Taksonas on January 06, 2017, 04:21:29 AM

Not gonna happen for sure, it now already lowered again so that is saying enough my eyes right ? I think that we cannot expect this already now.

it's $982, it's not like we need un unbelievable increase to reach 1000, we are there, don't expect the market to be precise it's based on supply and demand, which is random

but you still can consider $1k to be the new floor anyway

Hope that it will not decline under $900. It will cause a lot of damage and make most of the people who hold Bitcoin afraid and then they will start another panic selling again. The China has played an important role in the last event and I wish they know what to do next in order to increase the Bitcoin price. According to the news, China Yuan has risen again. Maybe this is one of the reason why Bitcoin prices dropped

$1000 can be the new floor but I dont think we have reached that just yet, bitcoin already dropped to 950s and now was back to 1000 but it dropped again to $952(current price) right now price is too volatile. Mostly i would consider $900 to be the new floor, i wont expect BTC to drop below that.

Quote from: lemipawa on January 06, 2017, 03:30:34 AM

If you have the balls, go ahead and buy now at $962 USD to 1BTC then sell later when it hits $1,000 USD again, then repeat all over again. That is if you have the balls and willing to take the risk. Risk only an amount of money that you can afford to loose. Its either you will be a smart trader or just a mare observer from a distance.

Guts? That has nothing to do with trading the markets. Especially the Bitcoin market with its extreme swings and volatility. Having a plan is a better option if you do not want to lose money and be stressed out. My suggestion is to wait it out until volatility is low and then buy the dips as many traders say.

Yeh wail, so much fo' that $1000 flo'. I'm sittin here awatchin' the price, and we done slid awwww the way down ta $828, when jist a day ago we was all the way up above $1100. Crazy ass market we in.

Imma 'bout ta pay a visit ta da damn pawn shop, 'cause, fo' real, I thank this here is jist a dip. We ultimately headed back ta above $1000, and who know. That there may eventually become a flo'. Bust this. Someone go tell China ta stop sellin' the damn bitcoin. What is they thinkin' over there??

The floor obviously isn't 1000 because we're far below that now. Damn. Too many panic sellers I guess.

My bitcoins still buy me more than they did a few months ago so in happy.

We will soon have bigger panic sell, it will be stable around 600 USD and maybe try to climb a bit . But the sell pressure will not let this baby fly in a looong time. lets hope i am wrong i would love to buy at 600 and sell at 1000 range again Tongue

with current situation, nope... not yet.... not until $1300 imo...

Is $1000 the floor...or is it the new ceiling?

Would be nice if this was the case but I see a crash coming soon, people are pumping and dumping right now..

Quote from: Supebox on January 11, 2017, 06:52:19 PM

Would be nice if this was the case but I see a crash coming soon, people are pumping and dumping right now..

Indeed we can already see that this is not our new floor and we are also back again to the 800 dollar so that is not so good, hope that this will change.

I think it is not so relevant to know what the floor will be. I think the damage is already done to those who thought bitcoin was coming a stable altcoin and was worth to consider it as a valid savings or payment processor option. Unfortunately it is becoming a business for a few and that bad reputation will sooner or later lead bitcoin to failure.

Quote from: favelle75 on January 11, 2017, 04:46:58 PM

Is $1000 the floor...or is it the new ceiling?

It looks like the 2018 target. Tongue

With the price crashing below $750 now, a lot of people will be tempted to cash out at various intermediate levels ($800, $900). The announcements by the Chinese government really seemed to have wrecked its price.

I would not say that 1000$ is the new floor since it is lower than that at the moment and is 777.7$ according to preev. Ill say that we can certainly say for sure what is the new floor price right after the dumps and pumps that are happening now, and it stabilized for a price greater than or maybe less than 600$ but it will not go down below 400$ in my opinion since it is holding pretty strong to it's price range now.

No we have a glimpse of how volatile and whimsical bitcoin market really is. A week ago triumphant march to victory, price was skyrocketing.
And now look. At first sight of regulations Chinese whales liquidated their holdings and price is crumbling. As long a China is 'in charge' of bitcoin trading we may never see new ATH again.

Quote from: Hazir on January 12, 2017, 02:53:55 PM

We will eventually see an ATH. I bet that it will be in 2017.
The rally during end-December was too fast, but the upward trend will soon resume.

Quote from: aso118 on January 12, 2017, 03:18:47 PM

Quote from: Hazir on January 12, 2017, 02:53:55 PM

We will eventually see an ATH. I bet that it will be in 2017.
The rally during end-December was too fast, but the upward trend will soon resume.

This is the hope everyone is having who ever is holding bitcoin, this selling pressure is due to short term traders and due to chinese govenment new rules. But still in long term we will be seeing a good price

Quote from: aso118 on January 12, 2017, 03:18:47 PM

Quote from: Hazir on January 12, 2017, 02:53:55 PM

We will eventually see an ATH. I bet that it will be in 2017.
The rally during end-December was too fast, but the upward trend will soon resume.

It was fast, but it was sustainable and organic and not caused by some shady play behind the scenes (unlike that pump originated by Mt.Gox in 2013).
Price race was stopped not because traders dumped to earn money, but because they were scared of Chinese regulations/possible ban.
I am afraid that this FUD might linger on and effectively dim every attempt of pushing the price higher. We need some serious positive news to fight back.

1000 dollar is a new floor without any doubts and I think that we should not say its not true, it will just take a while before its back and that it will be a new floor for sure.