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Author Topic: Price climbing fast again  (Read 9797 times)
Factmine
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January 27, 2017, 04:18:37 PM
 #41

Price are still playing around with no much increase and decrease.

I think this was the correction price is all about. Let's say it will idle for the current level for the moment and able to maintained it for at least weeks, do you think guys that this is a good sign that resistance around $900 is really strong. If that is the case, then it's a good bottom to consider before going again on the big price increase.

I think so, bitcoin has did this kind of bounces and it seems that we're sticking to this level of price. Well, I hope so. I don't want to see another morning looking at the price which is down by 20%. Let's all just be wary about the price drops and increases that we might experience in the near future.
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January 27, 2017, 04:27:29 PM
Last edit: January 27, 2017, 04:41:31 PM by deisik
 #42

Price are still playing around with no much increase and decrease.

I think this was the correction price is all about. Let's say it will idle for the current level for the moment and able to maintained it for at least weeks, do you think guys that this is a good sign that resistance around $900 is really strong. If that is the case, then it's a good bottom to consider before going again on the big price increase

Or it will make a good future resistance

In fact, we can only hope that the price will go higher, but ultimately it is no more than our wishful thinking or just a hope for the better. The only thing that we can be certain of is that the longer the price stays at the current level, the stronger its next movement will be. This is what always happens because people are impatient overall, and they move their orders closer and closer to the current price range over time, so it is like two walls building up on either side of the price, and when the price finally breaks through one of these walls (which is inevitable), its push will be unstoppable

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January 27, 2017, 04:33:54 PM
 #43

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

What the hell are you talking about? A $15 gain means absolutely nothing. I saw the thread and thought I missed something when I checked the price. Nope. Wow. A 2% gain or less, whoop Dee doo. Bitcoins are just very stable the past week. Don't let a $15 rise get your panties in a knot.

When we see $150 swings, now we're talking!
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January 27, 2017, 05:11:04 PM
 #44

We went like 15 dollars up in very short time. Looks like the days of the chinese dumps are over. Now everyone dumping coins is risking getting out of the game on this very stable 900-high 800$ floor, and in bitcoin the rocket can stat functioning at any given and if you are in the wrong side you'll miss all the fun.

What the hell are you talking about? A $15 gain means absolutely nothing. I saw the thread and thought I missed something when I checked the price. Nope. Wow. A 2% gain or less, whoop Dee doo. Bitcoins are just very stable the past week. Don't let a $15 rise get your panties in a knot.

When we see $150 swings, now we're talking!

Yes, it's increasing normally yet, nothing absurd. I prefer this way, we will have a sustainable increasiment in the price of bitcoin. If the price increases fast a lot, it will drop fast a lot too and I think nobody here wants it, well some maybe want... But I believe most want to have a bitcoin pricing a lot in the future and not a climb, down every week in looping.

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January 27, 2017, 07:23:03 PM
 #45

Price are still playing around with no much increase and decrease.

I think this was the correction price is all about. Let's say it will idle for the current level for the moment and able to maintained it for at least weeks, do you think guys that this is a good sign that resistance around $900 is really strong. If that is the case, then it's a good bottom to consider before going again on the big price increase.

I think so, bitcoin has did this kind of bounces and it seems that we're sticking to this level of price. Well, I hope so. I don't want to see another morning looking at the price which is down by 20%. Let's all just be wary about the price drops and increases that we might experience in the near future.
This may drop a bit, but not that much. I think it will be difficult to see the price drop to such levels, after this recovery phase. Bitcoin is still recovering from all this whole FUD, and there is good support in the market for the current price ranges. It is important to be aware of the news, but it is even more important to check if the sources are reliable and if the information is in line with reality. That way you decrease the chances of panic selling.
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January 27, 2017, 07:42:30 PM
 #46

Price are still playing around with no much increase and decrease.

I think this was the correction price is all about. Let's say it will idle for the current level for the moment and able to maintained it for at least weeks, do you think guys that this is a good sign that resistance around $900 is really strong. If that is the case, then it's a good bottom to consider before going again on the big price increase.

   900 $ bottom is great, that is highest bottom ever. Price is holding for a while and resistance is strong on this price that is noticeable. 
   I dont look at this like on fast rise, price is slowly going back where it was. Lets hope we will see 1000$ again and very soon.
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January 27, 2017, 08:25:18 PM
 #47

Price are still playing around with no much increase and decrease.

I think this was the correction price is all about. Let's say it will idle for the current level for the moment and able to maintained it for at least weeks, do you think guys that this is a good sign that resistance around $900 is really strong. If that is the case, then it's a good bottom to consider before going again on the big price increase.

   900 $ bottom is great, that is highest bottom ever. Price is holding for a while and resistance is strong on this price that is noticeable.  
   I dont look at this like on fast rise, price is slowly going back where it was. Lets hope we will see 1000$ again and very soon.

Not sure what makes you think like that, but the $900 level isn't a bottom at all. There is no real support on any of the exchanges. It won't take that many coins (in terms of decently stacked traders) to get the price to dive below $900 again. If you closely pay attention to how the market has been moving recently, then it shouldn't come as a surprise that we'll dive below $900 before the end of next week. Ups and downs will remain for a good while.
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January 27, 2017, 09:17:17 PM
 #48

We are traitors. We keep discussing the price of bitcoin. Oooh, it's over a thousand! Aah, it's only $850, should I sell? But for a true btc admirer this doesn't mean anything. If you have 0.67btc then no matter what the price is you still have your 0.67btc. And if the price is given in btc then who cares how much is it in USD? It is us who imprison bitcoin and make it depended on dollar, because we don't really look at btc, we look at how much it is in USD.

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January 27, 2017, 09:42:14 PM
 #49

We are traitors. We keep discussing the price of bitcoin. Oooh, it's over a thousand! Aah, it's only $850, should I sell? But for a true btc admirer this doesn't mean anything. If you have 0.67btc then no matter what the price is you still have your 0.67btc. And if the price is given in btc then who cares how much is it in USD? It is us who imprison bitcoin and make it depended on dollar, because we don't really look at btc, we look at how much it is in USD

I have to disagree (don't know what other folks might think, though)

Personally, I use the US dollar (and the Russian ruble, for that matter) as a means for increasing my total BTC holdings as well as bitcoins to increase my holdings which are in dollars and rubles. I don't give any preference to any of these in general, but more specifically, I value Bitcoin higher than the rest of the stack because of its higher volatility. In other words, I can increase my total stack (denominated in any currency) faster through it than through other currencies. But ultimately, any of these are only tools for attaining other ends which would be hard to attain without money if possible at all

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January 27, 2017, 10:53:17 PM
 #50

I don't see any move in the price for a week already. All this situation remind me the time when bitcoin seemed frozen on the point of 600$ for a pretty long time after Butfinex hacking. But I'm sure bitcoin will continue it's grow soon.
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January 27, 2017, 10:55:23 PM
 #51

Yea  bitcoin is goin up really fast and it is time to buy it to sell it later for more money.I expect price from 1200-1500$ after this price increasing but we will see what will happent I wish big price kaboom like example price 2000$ but it is hard to happent that.
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January 28, 2017, 01:59:08 AM
 #52

It's been going up and down for a few days now. It's okay to trade in a range as long as overall the price goes up.
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January 28, 2017, 03:13:42 AM
 #53

We are traitors. We keep discussing the price of bitcoin. Oooh, it's over a thousand! Aah, it's only $850, should I sell? But for a true btc admirer this doesn't mean anything. If you have 0.67btc then no matter what the price is you still have your 0.67btc. And if the price is given in btc then who cares how much is it in USD? It is us who imprison bitcoin and make it depended on dollar, because we don't really look at btc, we look at how much it is in USD.
I believe that bitcoin might be huge someday, but I am a realist. Bitcoin is not ideal. I am converting Bitcoin to fiat, because last time I checked bitcoin wasn't top payment method in the world.
I won't sell my possessions and buy bitcoin for all my cash. And I still pay with everything with fiat because, frankly, there is no other way to live. I am far from being a traitor to Bitcoin's cause.
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January 28, 2017, 03:27:42 AM
 #54

It's been going up and down for a few days now. It's okay to trade in a range as long as overall the price goes up.
The price movements were good. The price variation is happening around a range of $20, which is expected to increase as well decrease. Using this opportunity small traders can make an earning till the price fluctuation gets lowered and stabilize.

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January 28, 2017, 03:54:30 AM
 #55

Yea  bitcoin is goin up really fast and it is time to buy it to sell it later for more money.I expect price from 1200-1500$ after this price increasing but we will see what will happent I wish big price kaboom like example price 2000$ but it is hard to happent that.
I hope you are right. Even 1200 would be a great price but many people are counting on that and will try to sell right below it.
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January 30, 2017, 05:05:56 PM
 #56

do not be surprised when the bitcoin prices rise quickly, because it is a common thing. but, I would probably be surprised when bitcoin price exceeds $ 1,000 again. Well, the price of bitcoin will really be noticed when the price has passed $ 1,000. well, people began to worry, and confusion, whether it is the right time to hold, or sell. the current bitcoin prices being stable, but I believe, in the near future, the price would be Sonny quickly back.

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January 30, 2017, 06:33:56 PM
 #57

The US stock market is down big today and gold is up. I'm a little surprised that Bitcoin is not up as well. It seems to not be reacting at least yet. Anyone know why?
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January 30, 2017, 06:38:54 PM
 #58

The US stock market is down big today and gold is up. I'm a little surprised that Bitcoin is not up as well. It seems to not be reacting at least yet. Anyone know why?

Because the USDX didn't change much today

Bitcoin price is pretty well correlated with it (I mean negative correlation, of course) in the absence of other price moving factors such as exchange hacks, central banks launching assaults against major Bitcoin exchanges in China and similar things (apart from the times of outright pump-and-dump). Also, I don't see the price of gold trending upwards, though I don't follow it very closely these days. Last time I checked, gold spot price had been above 1,200 dollars per ounce, right now it is at about 1,194

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January 30, 2017, 06:54:30 PM
 #59

do not be surprised when the bitcoin prices rise quickly, because it is a common thing. but, I would probably be surprised when bitcoin price exceeds $ 1,000 again. Well, the price of bitcoin will really be noticed when the price has passed $ 1,000. well, people began to worry, and confusion, whether it is the right time to hold, or sell. the current bitcoin prices being stable, but I believe, in the near future, the price would be Sonny quickly back.

The price is climbing prety fast and that is was encourages people but at the same time they are little bit afraid because they are also expecting that after rise price will also start to fall quickly . I agree that situation like this confuses them and it's hard to make decision, to hold or to sell. Still I hope price can reach 1000$ and above soon.

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January 30, 2017, 07:26:20 PM
 #60

do not be surprised when the bitcoin prices rise quickly, because it is a common thing. but, I would probably be surprised when bitcoin price exceeds $ 1,000 again. Well, the price of bitcoin will really be noticed when the price has passed $ 1,000. well, people began to worry, and confusion, whether it is the right time to hold, or sell. the current bitcoin prices being stable, but I believe, in the near future, the price would be Sonny quickly back.

The price is climbing prety fast and that is was encourages people but at the same time they are little bit afraid because they are also expecting that after rise price will also start to fall quickly . I agree that situation like this confuses them and it's hard to make decision, to hold or to sell. Still I hope price can reach 1000$ and above soon.
I doesn't notice any move in the price for bitcoin for a week already. It seems frozen on 930$, on YoBit the price is exactly like that, add or take couple of dollars. Of course I believe in bitcoin and it's price. I think it's just a moment for bitcoin and after a little time the price will continue to climb.
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