pandher (OP)
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Activity: 952
Merit: 1000
Stagnation is Death
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March 30, 2014, 06:53:50 AM |
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Bitcoin in free fall, best time to sell high and buy low later. No real buy support tested unless a news comes in, 200$ expected soon
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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boumalo
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Activity: 1904
Merit: 1018
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March 30, 2014, 07:53:09 AM |
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Bitcoin in free fall, best time to sell high and buy low later. No real buy support tested unless a news comes in, 200$ expected soon
Don't you think you are a bit overdoing it? 200$ soon really? Give more explanations than no real buy support; each time someone is trying to sell he finds a buyer We are clearly going down but there is plenty of support and there will be plenty more if we go even lower; except if there is more bad news |
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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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March 30, 2014, 08:15:10 AM |
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This is BUY time  |
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rikkie
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March 30, 2014, 08:24:30 AM |
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I think it will go a little bit down. And later go up again. That's always so, with other values as well.
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Equate
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March 30, 2014, 10:10:06 AM |
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No one can predict the market.May be up or may be down.
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boumalo
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Activity: 1904
Merit: 1018
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March 30, 2014, 10:33:22 AM |
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No one can predict the market.May be up or may be down.
Everyone can predict the market and it may not go up or down, just the exact same value...  We can speculate and we can analyse trends, sentiment and fundamentals to have an opinion even if it can indeed go up and done and if no one can predict precisely what will happen |
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globalgaurav
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March 30, 2014, 11:30:27 AM |
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This is BUY time No one can predict the market.May be up or may be down.
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jaideep1000
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March 30, 2014, 05:56:18 PM |
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I was away so does anyone know why it went down in the first place?
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rohnearner
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March 30, 2014, 06:09:04 PM |
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I was away so does anyone know why it went down in the first place?
There are so many threads on this topic..! but If i have to answer your question I'll point to the China banning bitcoin rumor [again for the third time :p]. and apart from that the only logical reason is Higher Selling order and Low Buying Orders..! |
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rohnearner
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March 30, 2014, 06:13:52 PM |
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I think it will go a little bit down. And later go up again. That's always so, with other values as well.
Yeah It will go down a lil more..! for next few days..! and then the next months buying order will start taking place , and it might recover a bit..! but overall a down trend till some good news comes out..! |
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jaideep1000
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March 30, 2014, 06:49:31 PM |
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Hopefully we can get back to the good old days when it was at $1000+.
Hate it when governments start interfering in what is supposed to be a decentralized currency. If only china allowed financial institutions to trade in bitcoin we would have been over 1k easily.
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buysellbitcoin
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Activity: 1105
Merit: 1001
https://www.zebpay.com
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March 31, 2014, 04:31:29 AM |
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Hail to mighty Lucifar Disclaimer : Guys who are here for more than a year will understand this. Regards |
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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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March 31, 2014, 03:56:15 PM |
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Bitcoin in free fall, best time to sell high and buy low later. No real buy support tested unless a news comes in, 200$ expected soon
I found a real good explanation here What you are witnessing is what has happened several times before. It's the correction after the over enthusiastic rise. I find it incredible that Bitcoin has survived so many dramatic rises/corrections and stayed within a logarithmic growth channel. LOGARITHMIC! In fact I challenge anybody to find any other security that has exhibited such a behaviour:  |
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troy112
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March 31, 2014, 06:42:22 PM |
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Dude, not going to happen.. You need a big bad news to get it down there. And if you are in for a long haul, you will think twice.
Bitcoin is here for a long run,.
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E.exchanger
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March 31, 2014, 11:33:31 PM |
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This is definitely the best time to buy and yes I agree with pandher, there are predictions been made by the market experts that btc might touch to 266$ lowest. We can't expect a stable 1000$ this year !!
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boumalo
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Activity: 1904
Merit: 1018
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March 31, 2014, 11:55:33 PM |
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This is definitely the best time to buy and yes I agree with pandher, there are predictions been made by the market experts that btc might touch to 266$ lowest. We can't expect a stable 1000$ this year !!
I have heard people talk about a stable 1000$ for 2014 but I think most people knew it was going to be a bumby ride! At the moment, bitcoin's price depends a lot of the regulation it gets in big countries, it has been ok in Europe so far, bad in China and complicated in the states but once everyone knows where we stand in terms of regulation the price should rise because it will be more stable and safer to invest and innovate in Bitcoin I am very optimistic about Bitcoin and I don't doubt the price will recover sooner than later and that we will resume the bull market to new highs! |
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Benson Samuel
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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April 01, 2014, 08:08:06 AM |
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If patterns are correct, April or May should see a nice big jump. It may stay upwards until early next year, if previous years trends continue. Hence, Am sticking to a 2k+ end this year  |
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boumalo
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Activity: 1904
Merit: 1018
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April 01, 2014, 05:49:18 PM |
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Best time to sell compared to when?
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BitCoinDream
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Activity: 2324
Merit: 1204
The revolution will be digital
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April 02, 2014, 11:10:32 PM |
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If graph is something bothers u in global financial market, how do u explain this ?  |
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rohnearner
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April 03, 2014, 08:38:32 AM |
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If patterns are correct, April or May should see a nice big jump. It may stay upwards until early next year, if previous years trends continue. Hence, Am sticking to a 2k+ end this year I hope your prediction comes true but i'll be more than happy if it stabilizes at 1k$+ , lets see , waiting game is on now. |
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