ShintoshiBTC (OP)
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YOU"RE LIKE A TIMEBOMB!
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March 10, 2015, 03:24:13 AM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end?
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CiraP
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March 10, 2015, 03:34:10 AM |
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by the way, yes, does some one know cause of what price goes up now? New black market, or some new ways to buy smth with bitcoins? Last months i heard a lot of news about how new and new companies start to accepting bitcoins, but the price was still unstable, and now it grows slowly but without stops. So, any ideas why?
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Morecoin Freeman
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March 10, 2015, 03:36:58 AM |
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Cause: Higher prices result in more people buying. They get hyped. Everyone claims they will buy more when they see lower prices but in practice they don't. Instead they get fearful. So they only buy on price increases.
When this rally will end: Unknown. We have been in overbought territory for a while now. Like always some people will get burned.
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Ask the stranger he knows who you really are.
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ShintoshiBTC (OP)
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YOU"RE LIKE A TIMEBOMB!
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March 10, 2015, 03:45:29 AM |
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Cause: Higher prices result in more people buying. They get hyped. Everyone claims they will buy more when they see lower prices but in practice they don't. Instead they get fearful. So they only buy on price increases.
When this rally will end: Unknown. We have been in overbought territory for a while now. Like always some people will get burned.
Where do you think resistance will settle? $400? $500? or will it drop like before?
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b!z
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March 10, 2015, 04:03:20 AM |
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Cause: Higher prices result in more people buying. They get hyped. Everyone claims they will buy more when they see lower prices but in practice they don't. Instead they get fearful. So they only buy on price increases.
When this rally will end: Unknown. We have been in overbought territory for a while now. Like always some people will get burned.
Where do you think resistance will settle? $400? $500? or will it drop like before? $400 or $500 might be asking for a bit too much. I don't see that happening any time in the near future. $300 is probably a more realistic estimate.
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ShintoshiBTC (OP)
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YOU"RE LIKE A TIMEBOMB!
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March 10, 2015, 04:06:00 AM |
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Cause: Higher prices result in more people buying. They get hyped. Everyone claims they will buy more when they see lower prices but in practice they don't. Instead they get fearful. So they only buy on price increases.
When this rally will end: Unknown. We have been in overbought territory for a while now. Like always some people will get burned.
Where do you think resistance will settle? $400? $500? or will it drop like before? $400 or $500 might be asking for a bit too much. I don't see that happening any time in the near future. $300 is probably a more realistic estimate. Can we hope that it will remain that way before the next uptrend will happen?
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Bit_Happy
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A Great Time to Start Something!
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March 10, 2015, 04:10:48 AM |
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Cause: Higher prices result in more people buying. They get hyped. Everyone claims they will buy more when they see lower prices but in practice they don't. Instead they get fearful. So they only buy on price increases.
When this rally will end: Unknown. We have been in overbought territory for a while now. Like always some people will get burned.
Where do you think resistance will settle? $400? $500? or will it drop like before? $400 or $500 might be asking for a bit too much. I don't see that happening any time in the near future. $300 is probably a more realistic estimate. We are just getting started: "$400 or $500" is the range when people start asking how soon we get to $800 to $1,000. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BitCoinNutJob
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March 10, 2015, 04:40:59 AM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end? Look at the past of bitcoin this move is nothing, we can go 20 times up from here its possible. You have to remember once the whales accumulate what they need they are looking to push the price very high n order to dump. Pushing up to $500 or something isnt high enough for some.
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TrailingComet
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March 10, 2015, 06:12:00 AM |
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I think March will be all about figuring out whether the price can test $300 and sustainably squeeze past
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Benjig
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March 10, 2015, 07:25:11 AM |
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Well dont believe in any long term are until it doesnt surpass 500 usd.. obviously you can make good money from 300 to 400 but it just doesnt worth the time.
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PaulPierce
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March 10, 2015, 07:26:22 AM |
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Never I hope! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Honestly I am unsure if this will stay around... I hope it keeps going up but I don't think it will.
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¸,¤°^^°¤,¸..............¸,¤°^^°¤,¸..Cloud Mining Website..¸,¤°^^°¤,¸..............¸,¤°^^°¤,¸ ..............^°¤,¸¸,¤°^..............Start BTCitcoin Mining Instantly.............^°¤,¸¸,¤°^.............. 0.001 BTC/Ghs | Paying consistently since November 2014
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Amph
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March 10, 2015, 07:29:01 AM |
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why it should end? let it rise indefinitely
small swings don't make it look any less real
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NUFCrichard
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March 10, 2015, 09:08:46 AM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end? I think the cause is increased usage, coinbase being a regulated exchange and the ETF, if anything the rise has been far less than I expected. I think the uptrend will continue up to $500 or so, it will be a slow rise though, no $100 rise days like in the last bubble.
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pooya87
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March 10, 2015, 09:14:18 AM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end? it is going to stay at the price around ~$290 for a while now. then i think that it will go up again and pass $300 in the next week.
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xDan
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March 10, 2015, 11:52:46 AM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end? Maybe sometime after the $10K bubble? With a crash down to $5K?
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars. Up, up and away with my beautiful, my beautiful Bitcoin~
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innocent93
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March 10, 2015, 12:13:59 PM |
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It's hard to predict, but I believe this year would be year of the Bitcoin, We suffered a lot in 2014, it seems Bitcoin will be recovered in 2015. The downtrend is basically ended, now I would assume Bitcoin will never stop rising until it reaches $500.
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Herbert2020
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March 10, 2015, 12:18:28 PM |
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Check it: http://www.coindesk.com/price/Earlier today, Bitcoin was at $289, and look at this now. What do you think is the cause? When will this uptrend end? this engine has a bit more steam left in it. so i predict it is going to rise above $300 this week and remain there for some time. and after that it might suffer a small fallback but overall it is going to go up. as innocent93 said i too believe that this year is going to be a good year for bitcoin.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Q7
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March 10, 2015, 12:35:53 PM |
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Uptrend ending? It's just the beginning. Right now at current price it's probably some market correction before the climb will again resume beyond the 300 level. I was a bit sceptical yesterday when i saw the price staying constant at 280 and didn't expect it to turnaround so quickly but once the market reopens for trading there were strong buying orders coming in.
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finlon
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March 10, 2015, 12:37:38 PM |
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I don't really see an end soon enough. Like others said its just the beginning right now, and we will almost certainly reach 300 soon enough. Beyond that it would be hard to comment on, but I would only expect to go up after that
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1Referee
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March 10, 2015, 01:00:19 PM |
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I think it will advance to around $325-$350 level before it will slowly go down again.
Can't really see it going higher than $400 level this year. Of course I hope I'm wrong, but that's what I think.
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