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Author Topic: 100 cracked...time to buy?!!?  (Read 3592 times)
Aureum_Coffee
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June 10, 2013, 12:52:53 AM
 #61

Expect to see more trade volumes around $90 or $80.  These are psychological numbers.  $90 and $80 will become both support price level and resistance level, depends on how long the exchange rate stays above or below these round numbers.  The longer exchange rate stays below $100, the more likely we will hang around $90.
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Malawi
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June 10, 2013, 01:25:13 AM
 #62

Expect to see more trade volumes around $90 or $80.  These are psychological numbers.  $90 and $80 will become both support price level and resistance level, depends on how long the exchange rate stays above or below these round numbers.  The longer exchange rate stays below $100, the more likely we will hang around $90.

Unless we are in for a long slide, with prices dropping week after week. If so, support after support might be gobbled up over time. The good thing about such a scenario, is that we will find the real support. How far down does it have to go before miners think "frack this, i'm waiting for BTC to rise."

BitCoin is NOT a pyramid - it's a pagoda.
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June 10, 2013, 01:27:06 AM
 #63

have been going on now for a a while it got me irritated looking at the monitor


Will take me a while to climb up again, But where is a will, there is a way...
worldinacoin
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June 10, 2013, 01:27:13 AM
 #64

Looking at the market yesterday saw few sellers but many buyers.  But today sellers seem to be back Sad  .  I guess it is hard to say which direction Bitcoin will go.....
Malawi
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June 10, 2013, 01:34:42 AM
 #65

Looking at the market yesterday saw few sellers but many buyers.  But today sellers seem to be back Sad  .  I guess it is hard to say which direction Bitcoin will go.....

Don't look to yesterday, look at the past two weeks or so. The current trend is clearly downwards. The big question is when and at what price it will bottom out.

BitCoin is NOT a pyramid - it's a pagoda.
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June 10, 2013, 09:20:43 AM
 #66

as a professional i say buy and get slaughtered

 as a bull I say BUY what you can!


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and make loans ofc
erk
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June 10, 2013, 09:25:54 AM
 #67

Looking at the market yesterday saw few sellers but many buyers.  But today sellers seem to be back Sad  .  I guess it is hard to say which direction Bitcoin will go.....

Don't look to yesterday, look at the past two weeks or so. The current trend is clearly downwards. The big question is when and at what price it will bottom out.

That's not a big question, it's a noobs question, the smart people play the changes, they don't care where it tops or bottoms out.

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