What is the next major support if $266 breaks?

[BlindMayorBitcorn]

I'm saving up for it...

[Blazin604]

Fuckin relax. It's not going below 250.

[Tzupy]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

[BlindMayorBitcorn]

Fuckin relax. It's not going below 250.

[celebreze32]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

[Pecunia non olet]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

we will never rise again because we'll panic right through to 10$  a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately).

Some alts will actually survive it.

[Morecoin Freeman]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

we will never rise again because we'll panic right through to 10$  a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately).

Some alts will actually survive it.

This will not happen. You must have no clue what is happening at all.

[Pecunia non olet]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

we will never rise again because we'll panic right through to 10$  a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately).

Some alts will actually survive it.

This will not happen. You must have no clue what is happening at all.

well, there will be some crazy whales buying in on the way and try to stop it, so i think getting stuck on difficulty is less likely thanks to those contrarian traders who will likely ruin themselves in the process but will prevent an all too fast collapse. So if some whales keep buying maybe we don't crash through the 100$.

One thing is certain: break 255$ means panic-button

use logarythmic view.

[Bit_Happy]

The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally:
There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today.
ps. If you don't believe this, then study your Bitcoin history.

[BlindMayorBitcorn]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

we will never rise again because we'll panic right through to 10$  a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately).

Some alts will actually survive it.

Cool story bro. Tell us more

[Pecunia non olet]

The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally:
There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today.
ps. If you don't believe this, then study your Bitcoin history.

you're pulling this out of your ass obviously.

[BlindMayorBitcorn]

The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally:
There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today.
ps. If you don't believe this, then study your Bitcoin history.

But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure?

[celebreze32]

Won't break now, I have a big net there (not really, just kidding). Seriously, market is already in the oversold zone, it can only drop one more time now (and then might linger).

Do you think the bottom's in then and we slowly rise for the next year (apart from a possible last drop)?

we will never rise again because we'll panic right through to 10$  a coin, dead cat bounce to 80$ before dropping to 2$ and stay there. The coming 2 years after that will be from 2$ slow decline to 5 cents where it will stay for a long time (as long as people keep mining and there's still an exchange for it and if the difficulty doesn't get stuck and the network comes to an halt upon the selloff because in that case it'll be zero immediately).

Some alts will actually survive it.

How do you know you are not looking at things through rose tinted glasses?

[BlindMayorBitcorn]

The exact number for "support" doesn't matter, since it might not be accurate and you risk missing the huge rally:
There is an almost 98%+ chance that withing one year (or less) the market will be at least 49.999% higher than it is today.
ps. If you don't believe this, then study your Bitcoin history.

But you will agree that if it hits ten bucks or a buck or some such insane retrace it will have proven a failure?

Someone honestly tell me what good any crypto would be with a 21 million dollar market cap??

[Pecunia non olet]

How do you know you are not looking at things through rose tinted glasses?

i don't, same as you

[Bejkn]

At least we need not worry it now

[RyNinDaCleM]

The next major support is around $130, ok!?
That's not to say it will get there, but there was very little resistance after the $259 mark. Since we already broke that, it's not so major anymore.


/thread

[skeletonbit]

the price is back to 280$ and appears to be holding, really?  No more panic than that?

[deine mudder]

emergency plans on the table now. Everyone support 100$ - if it breaks just forget it.

[BlindMayorBitcorn]

The next major support is around $130, ok!?
That's not to say it will get there, but there was very little resistance after the $259 mark. Since we already broke that, it's not so major anymore.


/thread

Yikes. I will support $130 then