Topic: 2 week target $160 - page 2. (Read 5851 times)
just for the sake of speculation: fundamentally not much changed (regarding mass adoption) in the last 2-3 years. Thus it is not improbable to say that the price may revisit the same levels as 2-3 years ago due to the same fundamentals. Just saying.
Pretty sure it will not be below $160 in a week.
As soon as we went below 200 there was a flash dump down to 150 during the last major crash. If we go below 200 again it's possible we go below 160 in a week. I'm not saying we will go below 200 but if we do things could crash very quickly.
Pretty sure it will not be below $160 in a week.
Your is only a supposition, and as supposition it could be true but it could be false (this is normal). However I don't think the bitcoin price will drop to 160 dollars, if it will go down I will buy (for sure) 300-400 dollars of bitcoin, because I think the price will go up after the next block reward halving.
I hope all this speculation will end one day, and the price will be more stable than the previous years (and also of this year).
The reason we have so many posters in the speculation section of the forum is pretty obvious. So far there is not enough deployment facts, just the speculative news about what can be done and who is interested in Bitcoin. Such speculative fuel was behind the last two bubbles and may create the third one as well. But if we look for a stable rising trend, we need to have better adoption than so far. Without that, it is only speculation. I hope all this speculation will end one day, and the price will be more stable than the previous years (and also of this year).
Ok, jokes are over.
Analyzing the charts and order books today i noticed how we will fall straight down to $160 if we break $230.
Chances are around 93% that we break $230 within the upcoming 2 week period.
This will be the start of the crash I've been talking about! Fasten your seat belts for the drop of your or get out while you can!
Analyzing the charts and order books today i noticed how we will fall straight down to $160 if we break $230.
Chances are around 93% that we break $230 within the upcoming 2 week period.
This will be the start of the crash I've been talking about! Fasten your seat belts for the drop of your or get out while you can!
Your is only a supposition, and as supposition it could be true but it could be false (this is normal). However I don't think the bitcoin price will drop to 160 dollars, if it will go down I will buy (for sure) 300-400 dollars of bitcoin, because I think the price will go up after the next block reward halving.
I hope all this speculation will end one day, and the price will be more stable than the previous years (and also of this year).
You guys do realize that those companies do not hold Bitcoin? The more sales they have the worse it is. They instantly just convert to fiat. That's one of the problems of today.
Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
if they sell someone must buy, the problem aren't those big companies selling like mad, but the buyers which are lowering their walls, and the fact that there are few strong buyers out there, the rest are just scared newbies
I'm actually disappointed that these large companies do not keep a percentage of the Bitcoins that they receive. They're financially strong, they could do it.
how they can sell more then people are buying if no one buy? you can't sell more if no one is buying what you are selling...my point is that there must be always someone who is buying what you are selling, not talking about the price, so we could be tanked to $1 already...
anyway the price is tanking not because they sell more, but because buyers lower their walls, if they see much selling pressure or because there are not enough buyers at the highest wall value
You guys do realize that those companies do not hold Bitcoin? The more sales they have the worse it is. They instantly just convert to fiat. That's one of the problems of today.
Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
if they sell someone must buy, the problem aren't those big companies selling like mad, but the buyers which are lowering their walls, and the fact that there are few strong buyers out there, the rest are just scared newbies
I'm actually disappointed that these large companies do not keep a percentage of the Bitcoins that they receive. They're financially strong, they could do it.
when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)
I is really funny that when we have some really awesome bitcoin news: like you mention Microsoft acceptance, big hardware online store acceptance or something like that price of bitcoin is not rising at all, and as I recall in these cases it event went down a bit. But from the other side when we can even SLIGHTLY disturbing news: like when that ultra tiny chinese altcoin exchange got hacked last month or so, price of bitcoin went down momentarily. What a pessimistic bunch we are...Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
if they sell someone must buy, the problem aren't those big companies selling like mad, but the buyers which are lowering their walls, and the fact that there are few strong buyers out there, the rest are just scared newbies
Then wouldn't that mean that so-called bad news is good news? If a major hack or something happens, should we call it good news from now on?
it seems that good news is resulting in a bad price and bad news is resulting in nothing, basically we can only go down, and go up only thanks to whales's manipulation
Good news seems to drive the price down faster than bad news.
Can you give any example of 'good news' that drive the price down quickly? I am very curious.when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)
when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)
I is really funny that when we have some really awesome bitcoin news: like you mention Microsoft acceptance, big hardware online store acceptance or something like that price of bitcoin is not rising at all, and as I recall in these cases it event went down a bit. But from the other side when we can even SLIGHTLY disturbing news: like when that ultra tiny chinese altcoin exchange got hacked last month or so, price of bitcoin went down momentarily. What a pessimistic bunch we are...Although you're right. People here tend to be pessimistic and panic often which hurts the price.
The real question is can we change anything about it?
I is really funny that when we have some really awesome bitcoin news: like you mention Microsoft acceptance, big hardware online store acceptance or something like that price of bitcoin is not rising at all, and as I recall in these cases it event went down a bit. But from the other side when we can even SLIGHTLY disturbing news: like when that ultra tiny chinese altcoin exchange got hacked last month or so, price of bitcoin went down momentarily. What a pessimistic bunch we are...
But the shit news like Gox, China's endless ban etc directly affected people holding coins right now. Most of the 'good' news is laying foundations for the future, not really doing much in the here and now.
However there's no denying that the market absolutely adores a good panic.
Then wouldn't that mean that so-called bad news is good news? If a major hack or something happens, should we call it good news from now on?
it seems that good news is resulting in a bad price and bad news is resulting in nothing, basically we can only go down, and go up only thanks to whales's manipulation
Good news seems to drive the price down faster than bad news.
Can you give any example of 'good news' that drive the price down quickly? I am very curious.when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)
Then wouldn't that mean that so-called bad news is good news? If a major hack or something happens, should we call it good news from now on?
it seems that good news is resulting in a bad price and bad news is resulting in nothing, basically we can only go down, and go up only thanks to whales's manipulation
Good news seems to drive the price down faster than bad news.
Can you give any example of 'good news' that drive the price down quickly? I am very curious.when microsft started accepting bitcoin, i recall that the price went down(the famous drop under 200), the same for other major companies(dell, newegg ecc...)
without any good reason (postive/negative news) we aren't leaving the 200 - 300$ range in the next weeks
Good news seems to drive the price down faster than bad news.
Can you give any example of 'good news' that drive the price down quickly? I am very curious.
Then wouldn't that mean that so-called bad news is good news? If a major hack or something happens, should we call it good news from now on?
You mean after all those broken promised bottoms at $800 $600 $400 $300 $200 given, you are now sure $200 is the "real" bottom again?
Let's see how you get this one wrong again
Let's see how you get this one wrong again
well there must be a bottom at the end, the real bottom is the one where the price will hold for most time, current price is a good candidate for this
for this reason i still doubt that we will see sub 200
I'm actually hoping that we do not see the price go further down. If I could, I'd buy thousands per month. Unfortunately I'm not part of the 'elite'.
Good news seems to drive the price down faster than bad news.
You mean after all those broken promised bottoms at $800 $600 $400 $300 $200 given, you are now sure $200 is the "real" bottom again?
Let's see how you get this one wrong again
Let's see how you get this one wrong again
well there must be a bottom at the end, the real bottom is the one where the price will hold for most time, current price is a good candidate for this
for this reason i still doubt that we will see sub 200
I'm actually hoping that we do not see the price go further down. If I could, I'd buy thousands per month. Unfortunately I'm not part of the 'elite'.
Things were also looking like this back at the beginning of February and we did a slow but surprise breakout there, as well. I think chances are still quite good that this is "it"
Indeed. I know what I've been doing these last few months, and selling isn't it. There's a definite and growing possibility that the tide has turned.
You mean after all those broken promised bottoms at $800 $600 $400 $300 $200 given, you are now sure $200 is the "real" bottom again?
Let's see how you get this one wrong again
well there must be a bottom at the end, the real bottom is the one where the price will hold for most time, current price is a good candidate for this
for this reason i still doubt that we will see sub 200
Ok, jokes are over.
Analyzing the charts and order books today i noticed how we will fall straight down to $160 if we break $230.
Chances are around 93% that we break $230 within the upcoming 2 week period.
This will be the start of the crash I've been talking about! Fasten your seat belts for the drop of your or get out while you can!
Analyzing the charts and order books today i noticed how we will fall straight down to $160 if we break $230.
Chances are around 93% that we break $230 within the upcoming 2 week period.
This will be the start of the crash I've been talking about! Fasten your seat belts for the drop of your or get out while you can!
If the price reduces to $160, then I guess I will hold my bitcoins rather than selling them at such a low rate. I know that the price will soon go down but I don't want to be negative and I don't mind waiting for it to reach $300 again. Bitcoins have been in the market for more than 3 years so these price fluctuations won't matter much.
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