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Author Topic: Crossed 500 USD - Bull Market returns ?  (Read 22547 times)
Possum577
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July 26, 2014, 06:10:30 AM
 #281

Any update on this chart? And do any versions exist for other coins?

jodybay
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July 26, 2014, 07:36:28 AM
 #282

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

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PRIMEDICE
The Premier Bitcoin Gambling Experience - PRIMEDICE 3 COMING 9TH AUGUST @PrimeDice
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faiza1990
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July 26, 2014, 08:46:15 AM
 #283

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

jodybay
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July 26, 2014, 09:11:43 AM
 #284

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

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PRIMEDICE
The Premier Bitcoin Gambling Experience - PRIMEDICE 3 COMING 9TH AUGUST @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
valvalis
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July 26, 2014, 09:25:27 AM
 #285

Woah I hope this year or early 2015 BTC will be $2K  Tongue

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Simon8x
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July 26, 2014, 02:00:12 PM
 #286

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

minerpumpkin
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July 26, 2014, 03:09:54 PM
 #287

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

Everybody currently sticks to that explanation. But if it should really turn out to be true it is a very good sign in the mid- to long-term as it will increase the exposure of Bitcoin dramatically!

I should have gotten into Bitcoin back in 1992...
Chemistry1988
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July 26, 2014, 03:40:19 PM
 #288

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

Everybody currently sticks to that explanation. But if it should really turn out to be true it is a very good sign in the mid- to long-term as it will increase the exposure of Bitcoin dramatically!

We won't know if that is really the case, unless companies like Dell come out and tell us they have done a lot bitcoin sales (like what TigerDirect did). Smiley
Possum577
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July 26, 2014, 04:45:06 PM
 #289

Corrections are healthy!

More merchants accepting BTC will lead to greater liquidation (from those merchants) in the short term but the improvement in awareness among customers and adoption by other big merchants will grow the market.

The problem is the balance between investment and medium exchange, the latter won't lead to higher prices and IS the primary objective of the currency.

polynesia
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July 27, 2014, 11:45:27 AM
 #290

Corrections are healthy!

More merchants accepting BTC will lead to greater liquidation (from those merchants) in the short term but the improvement in awareness among customers and adoption by other big merchants will grow the market.

The problem is the balance between investment and medium exchange, the latter won't lead to higher prices and IS the primary objective of the currency.

Primary objective is to be a medium of exchange which will not be subject to inflation.

After large scale adoption, hopefully prices will be stable.
CEG5952
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July 27, 2014, 12:06:14 PM
 #291

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

No worries. Strong support at the $590 level. 100 day EMA, 38.2% retracement of the May rally, 78.6% retracement of the most recent rally. Then very strong support at the $560 level as well.

NapoleonBonaparte
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July 27, 2014, 01:45:37 PM
 #292

Bitcoin price always move in ZIG ZAG manner. You just need to have the courage to buy and hold when the price crashed and sell when it go up many folds in short time period.
Soappa
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July 27, 2014, 02:22:30 PM
 #293

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad
Now already going more down and now touching 589 and as its going I fear it will go more down

No worries. Strong support at the $590 level. 100 day EMA, 38.2% retracement of the May rally, 78.6% retracement of the most recent rally. Then very strong support at the $560 level as well.

I don't really understand all these technical analysis stuff. Are there any sites or books about TA you could recommend?

nicepumper
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July 27, 2014, 04:45:57 PM
 #294

Imma wait for 400's.
rohnearner
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July 27, 2014, 08:07:07 PM
 #295

I don't really understand all these technical analysis stuff. Are there any sites or books about TA you could recommend?
If you are just looking for particular terms better just google it instead of spending $$ buying some book , anyways doesn't matter how good an analytic you are its not possible to predict the price of bitcoin with more than 65-70% accuracy, One of the best economist last year predicted that bitcoin will plummet to 10$ by the end of 1st half of 2014 :p

chovy
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July 27, 2014, 08:26:09 PM
 #296

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.
boumalo
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July 27, 2014, 08:48:37 PM
 #297

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

chovy
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July 28, 2014, 02:29:58 AM
 #298

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

I think it could dip to 500, and then head back to 600. I think people just think the 1200 price tag was a fluke and it won't reach that again anytime soon....(this coming from non-bitcoiners looking to it as an investment vehicle).
faiza1990
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July 28, 2014, 05:03:05 PM
 #299

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

I think it could dip to 500, and then head back to 600. I think people just think the 1200 price tag was a fluke and it won't reach that again anytime soon....(this coming from non-bitcoiners looking to it as an investment vehicle).
It will touch this 1200$ again but need some more time and some good news which are not coming right now

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July 28, 2014, 05:27:32 PM
 #300

Bull never went away.
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