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Author Topic: 780 broken.. 500 .. maybe even 220-240 again... ?  (Read 4220 times)
Omega Weapon
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January 12, 2017, 05:24:13 AM
 #21

Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.
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January 12, 2017, 05:37:55 AM
 #22

200 would be nice, but 500 is the lowest. but when its 500 you should buy a lot!

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January 12, 2017, 05:39:26 AM
 #23

Get some  buying ready around 220-240.. ?! :S  not looking good boys.

We are doing some accumulation now.
It doesn't matter where the price heads in the short-term. Our weighted average cost of bitcoins will be low.
When it does rocket, we will profit.

This is the ticket right here

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January 12, 2017, 05:48:04 AM
 #24

Get some  buying ready around 220-240.. ?! :S  not looking good boys.

it will never happen under 300$ I'm sure  but it will down at 600$ and that is bottom line Then it will reccover 900$ or 1000$ in 2 months later.
it can hit 1,200$ at the end of this year.
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January 12, 2017, 06:03:10 AM
 #25

Are bitcoin holders serious when they say they would be happy if btc is at 1000 in a year? I don't see the point in investing money in crypto for it to stay in the same price range for a year. Most are here for bigger increases than that otherwise whats the point. At least 2000 next year or its not worth it.
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January 12, 2017, 06:14:42 AM
 #26

one can only hope, i would personally love it if we could see another $200 because with all the money that i have gained from the last time price was $200 i would start buying 5 times more bitcoin and then go to the bank take a loan and then buy more bitcoin and even sell my house and buy more bitcoin because in a couple of months i can buy 3 bigger houses with the profit.

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January 12, 2017, 06:29:33 AM
 #27


What OP wants to tell is if the price goes to that range but in my sense if bitcoin goes to that range then i think we have to wait more 4 years to go back to 1000 range so it wont be in good faith if the bitcoin price goes below $700 range as it will really hurt the sentimental value of the new bitcoin users who had faith on bitcion so it wont be good.
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January 12, 2017, 06:39:50 AM
 #28

Some buying spree might happen if the price of the bitcoin is crashed down to $240 or below. History may repeat itself but that remain to be seen as bitcoin might stage a rebound in the coming days or week. but if some factors that affect bitcoin's price dip still continue to prevail, it might go down further.
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January 12, 2017, 06:44:40 AM
 #29

Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.
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January 12, 2017, 06:47:09 AM
 #30

Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
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January 12, 2017, 07:11:55 AM
 #31

it can't drop that low no more, you are forgotting the resistance at those level below 500 that brought us here, it can go lower to $700 and that's it

i still believe it can rise as a fast as it was dumped

Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.

it was because of chinese dumping thinking that their government might size some of their exchange
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January 12, 2017, 07:18:57 AM
 #32

Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
+1 if bitcoin come to 200, i would buy 2 to 3 bitcoins eagerly, though, this kind of drop is indeed not happen, even if it is, it would only last for a short time because bitcoin has been going more popular over 2016.
CNY is limiting its financial flow, that's probably why the price of bitcoin drops

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January 12, 2017, 01:43:19 PM
 #33

I read something interesting.




The answer to whether the current bitcoin rally is sustainable may lie in the volume numbers, or the amount of money traded per day across global bitcoin exchanges.

At least one exchange operator reported that the volume picture is different this year than it was during the last market high in late 2013, which saw prices cross the $1,100 mark before tumbling over the months to come.

When reached for comment, representatives from Chinese bitcoin exchange Huobi – which boasts nearly a quarter of the world’s bitcoin trading market share – said that the situation is very different from three years ago.

Exchange reps told CoinDesk:

"In 2013, when the price was 8,000 yuan, the weekly trading volume was 393,000 BTC, with an amplitude of the week up to 103%. The trading volume was very small. Today, bitcoin [prices] broke 8,000 yuan with 735m BTC trading volume, which is expected to double in a week."

The firm added: "Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95%, which is much more stable than the year 2013."


http://www.coindesk.com/bitcoin-freefall-prices-drop-200

I hope it does not fall below $600 because i will have many Losses

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January 12, 2017, 01:52:31 PM
 #34

it can't drop that low no more, you are forgotting the resistance at those level below 500 that brought us here, it can go lower to $700 and that's it

i still believe it can rise as a fast as it was dumped

Not sure what happened last night when suddenly from $900 it dropped to $850 and then $770. i don't think it has something to do with the usual weak day trading whenever we approach weekend but I'm hoping that somehow this will pick up again next week Starting Monday or Tuesday. Although I see some good news in the Altcoin trading side I see a lot of greens over there but over here its red.

it was because of chinese dumping thinking that their government might size some of their exchange

for some reason certain people never seem to have much confidence in bitcoin. whatever happens, people always think about the negative aspect first. and that while they have zero clue about what's going on. these people put money into something they don't know much about. because if they knew, these panic dumps would be no more. it's just their greed that makes these yolo investors aka gamblers take such stupid decisions. these people can't handle bitcoin. they should stay miles away from whatever type of investment. it's for their own well being.
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January 12, 2017, 01:54:21 PM
 #35

I read something interesting.




The answer to whether the current bitcoin rally is sustainable may lie in the volume numbers, or the amount of money traded per day across global bitcoin exchanges.

At least one exchange operator reported that the volume picture is different this year than it was during the last market high in late 2013, which saw prices cross the $1,100 mark before tumbling over the months to come.

When reached for comment, representatives from Chinese bitcoin exchange Huobi – which boasts nearly a quarter of the world’s bitcoin trading market share – said that the situation is very different from three years ago.

Exchange reps told CoinDesk:

"In 2013, when the price was 8,000 yuan, the weekly trading volume was 393,000 BTC, with an amplitude of the week up to 103%. The trading volume was very small. Today, bitcoin [prices] broke 8,000 yuan with 735m BTC trading volume, which is expected to double in a week."

The firm added: "Current trading volume is 37x of that in 2013 and bitcoin price fluctuates 15.95%, which is much more stable than the year 2013."


http://www.coindesk.com/bitcoin-freefall-prices-drop-200

I hope it does not fall below $600 because i will have many Losses

not only loses on those bitcoin holders who's still holding even before the price was reaching at its highest point but also i'm a bit worried about how miners can make up to fill their needs of electricity, maintenance, and many more. if bitcoin prices will drop to $200 that might be a disaster for the whole cryptocurrency world but maybe it will pump the price of many altcoins immediately

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January 12, 2017, 02:04:56 PM
 #36

Get some  buying ready around 220-240.. ?! :S  not looking good boys.
I don't think we are going to see those prices again but if we do, I have my cash ready to exchange it for bitcoin, I was not part of the bitcoin world when those prices were real but now that I’m here I will be ready if it happens.

I agree, I don't think too that we would reach $200 levels again. Maybe the lowest is at $600 but never $200. But if it does go back at that point, I would buy the shit out of it and never think twice about it. I believe bitcoins would still matter in the far future and this is just a temporary setback for us and just a preparation for something greater.
+1 if bitcoin come to 200, i would buy 2 to 3 bitcoins eagerly, though, this kind of drop is indeed not happen, even if it is, it would only last for a short time because bitcoin has been going more popular over 2016.
CNY is limiting its financial flow, that's probably why the price of bitcoin drops

2,3 bitcoin at 200 is just 600 USD, if price goes that low i personally am going to buy at least 20 bitcoins because we saw what happened last two times we were at $200
and this is not to mention what i am going to do if price goes to $699 Cheesy

i wish OP had some valid speculation though for that subject he has put here. something more than maybe!

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January 12, 2017, 02:08:24 PM
 #37

I'll just keep making my weekly buys (and making a few small scalps every now an then).  As long as we are above 1000 in a couple years, I'll be very happy.

Cheers brother se have same ideology about bitcoin price. I'm always looking forward for what is the bitcoin price on next year better than checking and monitoring it daily.it is sucks if you we can guarantee that the price next year will be to the moon. Just save your time for others useful things.
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January 12, 2017, 02:48:26 PM
 #38

Get some  buying ready around 220-240.. ?! :S  not looking good boys.

Meh, it's not gonna happen. The maximum down for the bitcoin's price is around $500+ like the normal price before The halving come, but i think it will not happen soon. The price will stay at $600-700 until Chinese New year. Well, we don't know what happen, just ready for the worst.


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January 12, 2017, 02:55:15 PM
 #39

 $220-240 I think would be too much to speculate, BTC won't be dipping that low because by the time its value will be dragged to $500 and starts to climb a little, everyone who dumped their btc since the price drop to $1018 and up are going to start buying back. They won't even wait for the price to dip below 700, investors will soon start to buy back.

CyberKuro
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January 12, 2017, 03:17:15 PM
 #40

Get some  buying ready around 220-240.. ?! :S  not looking good boys.

You didn't scooped up those nice sub $200-$300 coins few years ago?

We aint going back to those prices anymore Undecided

I think so, we won't come back that far. $750 is real for now but I doubt it will fall less than $600.
Some big holders just give chance for everyone to buy, they are who all the whole time save it for us.
Their right to sell and our good chance to buy, just like that imo.
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