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Topic: 2 week target $160 - page 6. (Read 5851 times)

sr. member
Activity: 364
Merit: 250
April 01, 2015, 02:29:46 PM
#25
I can 100% guarantee it will never hit $0.  See above.
newbie
Activity: 10
Merit: 0
April 01, 2015, 02:27:07 PM
#24
Bitcoin is on its way to zero. Just who will be the last greater fool... That is the question. BTW, ironic that this is fools day.  
sr. member
Activity: 364
Merit: 250
April 01, 2015, 02:25:20 PM
#23
i would say chances are 93% that the price will rise, i don't expect the price to fall below 200

any value beolow 200 will trigger a good buy that will rise the price above 200 again

Every price level on the way down, people say "once bitcoin goes through that level, it will trigger buying which will stabilize the price". AT some point, the people doing the buying will be all out of dry powder...

What you fail to realize is the lower the price gets, the easier it is to buy the market up.  Let's say there are 100,000 coins sitting on exchanges ready to be dumped at market price.  (Yes, silly, but let's look at this extreme case.)  If I jump in at $100 per coin with a limit order, I can absorb the entirety of the market dump all by myself with just $10 million, and end up 100,000 coins wealthier with a market that has no more ammunition to sell.
hero member
Activity: 644
Merit: 500
April 01, 2015, 02:19:58 PM
#22
i would say chances are 93% that the price will rise, i don't expect the price to fall below 200

any value beolow 200 will trigger a good buy that will rise the price above 200 again

Every price level on the way down, people say "once bitcoin goes through that level, it will trigger buying which will stabilize the price". AT some point, the people doing the buying will be all out of dry powder...
legendary
Activity: 1722
Merit: 1000
April 01, 2015, 02:17:50 PM
#21
I freaking hope it goes farther I want sub $100 btc.
You realize that if something like that will happen MOST of the people will be selling everything, and it could be the end of bitcoin? We may not recover after this.

I have a feeling it would/will be the final capulation.

There are only so many bitcoins that can be sold.

Although it does seem anytime it dips below $200 everyone and their mother start buying sooooo perhaps we never will see double digits again.

I am prepared for both.
sr. member
Activity: 364
Merit: 250
April 01, 2015, 02:09:52 PM
#20
I can quite honestly say that Bitcoin will never reach less than $100 per coin longer than it takes me to move my funds to exchanges.  I can quite happily keep price above that level by myself, thank you.
legendary
Activity: 1400
Merit: 1001
April 01, 2015, 02:05:59 PM
#19
I freaking hope it goes farther I want sub $100 btc.
You realize that if something like that will happen MOST of the people will be selling everything, and it could be the end of bitcoin? We may not recover after this.
legendary
Activity: 1722
Merit: 1000
April 01, 2015, 02:02:26 PM
#18
I freaking hope it goes farther I want sub $100 btc.
hero member
Activity: 826
Merit: 1000
April 01, 2015, 01:09:57 PM
#17
Even some "bad news" (unless catastrophic) wouldn't lead the price to drop that far... remember there are multi-million dollar players in Bitcoin all over the place, they simply wouldn't allow such a crash to lead to prices hitting those kind of lows... they'd be buying up the coin themselves.

This is pretty on point.

The fact that one of founders of facebook, Chamath Palihapitiya like this guy.

Who has so much funds in bitcoin, he would prob go back and bring his own money to bring back up the price. The dude owns a basketball team the warriors, owns another sub sectior for stocks like people who sell shares of yelp in. Yes, he owns that too.

I dont think the price will effect much when they can hold their price.
full member
Activity: 169
Merit: 100
April 01, 2015, 12:49:13 PM
#16
Even some "bad news" (unless catastrophic) wouldn't lead the price to drop that far... remember there are multi-million dollar players in Bitcoin all over the place, they simply wouldn't allow such a crash to lead to prices hitting those kind of lows... they'd be buying up the coin themselves.
legendary
Activity: 896
Merit: 1000
April 01, 2015, 12:12:25 PM
#15
from this point we're more likely going to see a rise. can't see it going below $200 again considering there is no major bad news.
sr. member
Activity: 364
Merit: 250
April 01, 2015, 12:04:05 PM
#14
Forget just keeping the price up.  Think of how much more Bitcoin we can buy for our money at lower prices.  If Bitcoin really ever did drop to $10 per coin with lots of supply, I could pick up a million Bitcoin for a measley $10 million.  That's almost 5% of the entire money supply.  There is no way the rest of the ecosystem would ever let me do that.  So there is no way it would ever reach that price.  Even $100 per coin is out of the question.  At that price there is far too much money buying.
legendary
Activity: 812
Merit: 1000
April 01, 2015, 11:53:53 AM
#13
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!

i'll be over the moon to buy at 220 let alone anything under 200, there is probably more chance against this kinda drop then you think.  Lots of rich holders have a big incentive to keep the price up.
sr. member
Activity: 406
Merit: 250
April 01, 2015, 11:52:25 AM
#12
Uggg, troll feeding.  Just don't.
member
Activity: 71
Merit: 10
Verba volant, bits persist.
April 01, 2015, 11:43:45 AM
#11
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!

Quoted.  Roll Eyes
If you want... you can post your technical analysis here, too.

We'll see
legendary
Activity: 3542
Merit: 1352
Cashback 15%
April 01, 2015, 11:33:05 AM
#10
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!

Woah. Where did the 93% chance came from? o.O

Well even if we crossed the $230 boundary, or even managed to hit $200, chances are most positive-minded traders will consider this as yet another good entry point and buy orders will force the price to go upwards.
full member
Activity: 169
Merit: 100
April 01, 2015, 11:30:01 AM
#9
Chances are that 93% 100% of OP's posts are bullshit

 Cheesy Cheesy Grin Grin

I don't see how anybody could make a percentage based prediction on a rise or fall just by analyzing charts, unfortunately. OP is clearly another who likes to spread fud.
hero member
Activity: 826
Merit: 1000
April 01, 2015, 11:24:34 AM
#8
Wait where did you get your stats? can you screen cap your picture on your prediction.. is it the trendline you are seeing?

I mean it can break at $160 you say but it can also retract back upwards within mins as well back to $200ish.
hero member
Activity: 700
Merit: 500
April 01, 2015, 11:06:31 AM
#7
Chances are that 93% 100% of OP's posts are bullshit
legendary
Activity: 1639
Merit: 1006
April 01, 2015, 10:38:27 AM
#6
I have the full balance of my second mortgage waiting......
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