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Topic: $100 to $125 still possible? (Read 4782 times)

hero member
Activity: 672
Merit: 503
January 29, 2015, 02:21:52 PM
#64
Buy pressure? LOL, look at the order books, the only thing happening with buy pressure is it's reducing by the minute.

With current economy you pretty much have a guarantee we'll see $100 rather sooner than later.
With current eceonomy you pretty much have a guarantee we'll see $10000 rather sooner than later. Wait for EUR to crash hard and watch people start getting scared of leaving money no their banks and searchginf for alternative ways to store wealth. Look at Greece, its the begining.
hero member
Activity: 504
Merit: 500
January 29, 2015, 01:54:37 PM
#63
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

Now, no now, no wait now, no wait wait now definitely. It reminds me of a man lost in the desert, convincing himself that the next dune will be the last.

And I said the same thing, when I held from 1000, to 800, to 700 and realized my chances of losing more money were not worth the slim chance of making a small amount.
legendary
Activity: 2842
Merit: 1511
January 29, 2015, 01:52:39 PM
#62
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

Now, no now, no wait now, no wait wait now definitely. It reminds me of a man lost in the desert, convincing himself that the next dune will be the last.
sr. member
Activity: 1512
Merit: 326
January 29, 2015, 11:06:38 AM
#61
i believe it but not for this month
 Tongue Tongue
Q7
sr. member
Activity: 448
Merit: 250
January 29, 2015, 09:36:25 AM
#60
It's possible but if it does get to that level, I'm sure the buying frenzy will get the price going back up quickly.. And I'm sure there are a lot of buyers waiting at that level doing the same.
sr. member
Activity: 280
Merit: 250
Relax!
January 29, 2015, 09:27:31 AM
#59
Man,  $100 would be a truly psychological barrier for a lot of people. Breaking that would bring us into new realms of desperation. I'm talking about 5 year holders liquidating assets in order not to lose everything... Don't hope we'll see those levels ever again!
legendary
Activity: 840
Merit: 1000
January 29, 2015, 09:26:39 AM
#58
before fabuary ends we will see a price mark of 350-400$ per bitcoin,while the year end seems to be closing around 1100usd
legendary
Activity: 2170
Merit: 1427
January 29, 2015, 09:25:02 AM
#57
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

i dont know how you can say the interest is not there ,the infrastructure is expanding almost daily and the supply of coins will decrease over time
you got your eft ,block halving,regulated exchanges and maybe mcdonalds coming soon 
its true some people who got goxxed will jump off the train but thats a small % and many more will get on to replace them

Some times I really think it would have been better if we never had Bitcoin above $1000 in 2013.

At that point Bitcoin realistically wasn't even worth $200 but it peaked at over $1100....

We're now much further and enjoy more adoption of merchants than ever before.

Bitcoin believers, including myself, can look through this, but the normal non tech people can't, they see this as a major step back.

It would have been a very healthy situation if we in 2015 would hit an ATH in the range of $400-$500.
member
Activity: 94
Merit: 10
January 29, 2015, 09:22:11 AM
#56
I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well you posted a pessimistic question
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 29, 2015, 09:17:09 AM
#55
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

Yeah sure, but at some point the hands just get so 'fat' that there's no breaking that resistance. The greed of people works both ways... People won't be willing to let other buy the 'cheap coins' at $150 while waiting for the price to go lower - which it may not.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
January 29, 2015, 09:11:57 AM
#54
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.

i dont know how you can say the interest is not there ,the infrastructure is expanding almost daily and the supply of coins will decrease over time
you got your eft ,block halving,regulated exchanges and maybe mcdonalds coming soon 
its true some people who got goxxed will jump off the train but thats a small % and many more will get on to replace them
hero member
Activity: 504
Merit: 500
January 29, 2015, 09:06:18 AM
#53
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.

People have been saying that exact same thing for the past year, just sub in different numbers.  No one thought it could break 500, then 400, then 300, then 200, now 100.  I wouldn't be surprised if we see double digits (if only for a day or few hours).  Interest just isn't there, and lots of people who have been burned are out now.
hero member
Activity: 924
Merit: 1000
January 29, 2015, 09:01:54 AM
#52
Didn't you see how much volume there was at 155? I don't think anyone will let that level breaks for others to take cheaper coins than that... too many fat hands at sub 200.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
January 29, 2015, 09:01:14 AM
#51
I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well, maybe they are the people who sold at the right price then. Its hard to be optimistic all the time when price falls from 600 to 200 in a matter of 2 months.

who said it should be easy ? volatility is not everyone
people who bought in the last year thinking they will triple their money or to  the moon are getting into a panic
its not going to be moon time for awhile ,think of it in years or even decades  ,not  days or weeks or months

full member
Activity: 154
Merit: 100
January 29, 2015, 08:57:36 AM
#50
I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

Well, maybe they are the people who sold at the right price then. Its hard to be optimistic all the time when price falls from 600 to 200 in a matter of 2 months.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 29, 2015, 08:57:32 AM
#49
I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?

It's easy... They keep telling themselves it is the right thing they sold or stayed out of the Bitcoin game altogether. They need a lot of confirmation that the thing they did was the right thing and thus tell each other that Bitcoin is going down. It's one way how human psychology works.
sr. member
Activity: 432
Merit: 250
January 29, 2015, 08:55:25 AM
#48
I think the pessimistic people are people who sold at a loss. Why else spend all day talking trash about bitcoin on forums and trying to create a negative mood?
full member
Activity: 413
Merit: 100
https://eloncity.io/
January 29, 2015, 08:36:11 AM
#47
I'd be surprised if we hit below $150 again...too many people won't be able to resist such cheap coins.


You're looking at this the wrong way. $150 coins aren't cheap. They're ridiculously overvalued. The only thing Bitcoin's "good" for is buying illegal stuff on the deep web. The blockchain can handle a whopping 2.7 transactions per second, which makes Bitcoin completely useless as anything resembling a mainstream currency. After this Gox bubble/speculation phase, Bitcoin will go back to a reasonable and sustainable value which reflects its potential as a deep web currency for criminals. That value is somewhere in the double or single digits.

Bitcoin had its fifteen minutes of fame.
Oh yeah for sure and that's why winkles are investing into this and working on this, cuz it's already doomed. Makes no sense Wink u probably already sold right?

I am a long term bull on bitcoin.  Winkies are obviously too, and as it continues to develop and evolve it will be a roller coaster ride.  I think the real telling point in price will be the halving in, what, 2016?   Until then, if it does get down to under $100 I am going to buy 50 more.  At least.  
Again, this is what I can afford to lose, and basically have written it off, that way I am never tempted to sell, until it is on the far side of the moon anyway, and even then...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 29, 2015, 08:35:09 AM
#46
We first have to break the previous bottom of around $150-$175. If we really do approach those levels, a lot of people will anticipate forming a double-bottom there, which would in fact be a very bullish sign and give us much needed support for going up!
hero member
Activity: 896
Merit: 1000
January 29, 2015, 08:34:59 AM
#45
Yes possible for sure!

End of bitcoin
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