$350 is VERY important... make it or break it level

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: BlindMayorBitcorn on January 15, 2015, 08:09:39 PM

Quote from: HarmonLi on January 15, 2015, 08:06:32 PM

Quote from: BlindMayorBitcorn on January 15, 2015, 08:04:35 PM

Quote from: HarmonLi on January 15, 2015, 08:01:16 PM

It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!

Sure. At which point do you think we'll be entering a solid and sound bull-market again? Just going back to $300 levels isn't enough. $400? Nah.. don't think so. But going steadily towards $500 for a couple of months would be a very positive sign!

Bull market? After that little charade we just witnessed? This market is in firm hands now. London ate your breakfast and Wall Street is eyeballing your lunch.

Well we can't be going down forever. That'd be just stupid. Even bears wouldn't profit from a market that's only going down. If there's a chance for an honest and sustainable rise, they'll get on board. At some point there'll be a bull-market. But you're right, I'm not sure we're quite there, yet.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: HarmonLi on January 15, 2015, 08:06:32 PM

Quote from: BlindMayorBitcorn on January 15, 2015, 08:04:35 PM

Quote from: HarmonLi on January 15, 2015, 08:01:16 PM

It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!

Sure. At which point do you think we'll be entering a solid and sound bull-market again? Just going back to $300 levels isn't enough. $400? Nah.. don't think so. But going steadily towards $500 for a couple of months would be a very positive sign!

Bull market? After that little charade we just witnessed? This market is in firm hands now. London ate your breakfast and Wall Street is eyeballing your lunch.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: BlindMayorBitcorn on January 15, 2015, 08:04:35 PM

Quote from: HarmonLi on January 15, 2015, 08:01:16 PM

It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!

Sure. At which point do you think we'll be entering a solid and sound bull-market again? Just going back to $300 levels isn't enough. $400? Nah.. don't think so. But going steadily towards $500 for a couple of months would be a very positive sign!

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: HarmonLi on January 15, 2015, 08:01:16 PM

It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

It will be interesting to see which resistance we have to break in order to be in a definite Bull market again. I think from this point reaching $500 is the first big step. After we go through $600 and $700, there'll be no holding back anymore!

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: trader001 on October 24, 2014, 09:10:50 AM

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

Next strong support level is below 150 as the rise from 100 to 1200 was quick.

This looks very accurate, so far. I hope the recent low is able to hold, and then we get a big rally.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: NotLambchop on January 14, 2015, 07:45:37 AM

Quote from: shmadz on November 09, 2014, 04:15:54 PM

Quote from: bitebits on November 09, 2014, 03:59:20 AM

DING DING DING !!!

Quote from: ChartBuddy on November 09, 2014, 04:00:19 AM

Explanation

~ One more week to accumulate.

One week!? Shocked

I'm hoping for another year to accumulate Angry

You got your wish

The good ole daze..

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: shmadz on November 09, 2014, 04:15:54 PM

Quote from: bitebits on November 09, 2014, 03:59:20 AM

DING DING DING !!!

Quote from: ChartBuddy on November 09, 2014, 04:00:19 AM

Explanation

~ One more week to accumulate.

One week!? Shocked

I'm hoping for another year to accumulate Angry

You got your wish

Bitventurer

sr. member

Activity: 491

Merit: 250

S P 8 D E

Quote from: molecular on November 07, 2014, 11:45:54 AM

Quote from: Bitventurer on November 07, 2014, 11:44:13 AM

the lowest that can possibly be is 188 $ within 3-4 weeks, before we start moon phase.. thats what my crystalcryptoball says Kiss

hey man!

placing buy order accordingly.

order fulfilled? ~~Think we go up from here~~ edit: sideways 1-2 months and then moon.
https://www.youtube.com/watch?v=ywIG-f5f9Sg

fewcoins

full member

Activity: 126

Merit: 100

Quote from: jaberwock on November 09, 2014, 11:29:30 PM

it will test the 380 at most.

Don't be too happy because you are not centimeters from the cliff. You still can fall

380 doesn't have much resistance, Don't just throw numbers out there... Most likely 400 will be tested and 420 might get hit, who knows! Huh

jaberwock

legendary

Activity: 2772

Merit: 1127

it will test the 380 at most.

Don't be too happy because you are not centimeters from the cliff. You still can fall

chaosknight

hero member

Activity: 868

Merit: 1000

bitcoin break the level of 350
but i think it will test level of 400

fewcoins

full member

Activity: 126

Merit: 100

Here we go!! Hopefully we break 420! Cool

belmonty

sr. member

Activity: 295

Merit: 250

Quote from: shmadz on November 09, 2014, 04:15:54 PM

Quote from: bitebits on November 09, 2014, 03:59:20 AM

DING DING DING !!!

Quote from: ChartBuddy on November 09, 2014, 04:00:19 AM

Explanation

~ One more week to accumulate.

One week!? Shocked

I'm hoping for another year to accumulate Angry

Don't leave it too late, the price seems to be holding up for now.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: bitebits on November 09, 2014, 03:59:20 AM

DING DING DING !!!

Quote from: ChartBuddy on November 09, 2014, 04:00:19 AM

Explanation

~ One more week to accumulate.

One week!? Shocked

I'm hoping for another year to accumulate Angry

bitebits

legendary

Activity: 2242

Merit: 3523

Flippin' burgers since 1163.

DING DING DING !!!

Quote from: ChartBuddy on November 09, 2014, 04:00:19 AM

Explanation

~ One more week to accumulate.

galdur

hero member

Activity: 616

Merit: 500

Stay the course men. Bitcoin will rise eventually.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Bitventurer on November 07, 2014, 11:44:13 AM

the lowest that can possibly be is 188 $ within 3-4 weeks, before we start moon phase.. thats what my crystalcryptoball says Kiss

hey man!

placing buy order accordingly.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

Quote from: molecular on November 07, 2014, 11:28:17 AM

Quote from: arbitrage001 on November 07, 2014, 11:16:43 AM

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

This time, the resistance will break. I have seen this kind of pattern over and over.

Can you name the pattern and give a historical example?

April-May.

Bitventurer

sr. member

Activity: 491

Merit: 250

S P 8 D E

the lowest that can possibly be is 188 $ within 3-4 weeks, before we start moon phase.. thats what my crystalcryptoball says Kiss

pS: coins under 1K, are considered megacheapish...buy now or cry later

molecular

donator

Activity: 2772

Merit: 1019

Quote from: arbitrage001 on November 07, 2014, 11:16:43 AM

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

This time, the resistance will break. I have seen this kind of pattern over and over.

Can you name the pattern and give a historical example?

arbitrage001

legendary

Activity: 1067

Merit: 1000

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

This time, the resistance will break. I have seen this kind of pattern over and over.

galdur

hero member

Activity: 616

Merit: 500

Quote from: fewcoins on November 07, 2014, 10:20:36 AM

Quote from: galdur on November 07, 2014, 09:08:11 AM

Quote from: fewcoins on November 07, 2014, 08:57:54 AM

Quote from: galdur on November 07, 2014, 01:00:51 AM

Up 6% last 30 days.

I think it´ll try again for 400.

It looks terribly oversold.

The market IS terribly oversold and highly shorted... Once these shorters get squeezed it will show up as buy orders and price will rocket to the moon.
To the guy above who said $100 can be hit and we will still bounce back... You're insane! Breaking the 300 level sustainably, meaning staying around 250, will have HUGE consequences like much of the system shutting down... a lot of miners leaving... a lot of destroyed investors leaving... no new money... bad publicity... the government and/or banks will then have a chance to come in and execute bitcoin once and for all Cry

There´s just no volume! Think about it, today just Facebook stock will turn over like 3 billion dollars, 100X that of bitcoin. And Forex 5 Trillion. Obviously such thin trade and tepid volume is great for short sellers.

Also great for big buyers man... why do you only see one side of the picture??? If a few million get thrown into a bitcoin exchange prices would explode past $600 right now.

There are no big buyers, at least not enough to counter this persistent and grinding downward pressure we´ve seen. There is no volume. On the best days it´s maybe 50 million dollars which is chicken feed in financial markets. Today maybe half of that.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: galdur on November 07, 2014, 09:08:11 AM

Quote from: fewcoins on November 07, 2014, 08:57:54 AM

Quote from: galdur on November 07, 2014, 01:00:51 AM

Up 6% last 30 days.

I think it´ll try again for 400.

It looks terribly oversold.

The market IS terribly oversold and highly shorted... Once these shorters get squeezed it will show up as buy orders and price will rocket to the moon.
To the guy above who said $100 can be hit and we will still bounce back... You're insane! Breaking the 300 level sustainably, meaning staying around 250, will have HUGE consequences like much of the system shutting down... a lot of miners leaving... a lot of destroyed investors leaving... no new money... bad publicity... the government and/or banks will then have a chance to come in and execute bitcoin once and for all Cry

There´s just no volume! Think about it, today just Facebook stock will turn over like 3 billion dollars, 100X that of bitcoin. And Forex 5 Trillion. Obviously such thin trade and tepid volume is great for short sellers.

Also great for big buyers man... why do you only see one side of the picture??? If a few million get thrown into a bitcoin exchange prices would explode past $600 right now.

galdur

hero member

Activity: 616

Merit: 500

Quote from: fewcoins on November 07, 2014, 08:57:54 AM

Quote from: galdur on November 07, 2014, 01:00:51 AM

Up 6% last 30 days.

I think it´ll try again for 400.

It looks terribly oversold.

The market IS terribly oversold and highly shorted... Once these shorters get squeezed it will show up as buy orders and price will rocket to the moon.
To the guy above who said $100 can be hit and we will still bounce back... You're insane! Breaking the 300 level sustainably, meaning staying around 250, will have HUGE consequences like much of the system shutting down... a lot of miners leaving... a lot of destroyed investors leaving... no new money... bad publicity... the government and/or banks will then have a chance to come in and execute bitcoin once and for all Cry

There´s just no volume! Think about it, today just Facebook stock will turn over like 3 billion dollars, 100X that of bitcoin. And Forex 5 Trillion. Obviously such thin trade and tepid volume is great for short sellers.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: galdur on November 07, 2014, 01:00:51 AM

Up 6% last 30 days.

I think it´ll try again for 400.

It looks terribly oversold.

The market IS terribly oversold and highly shorted... Once these shorters get squeezed it will show up as buy orders and price will rocket to the moon.
To the guy above who said $100 can be hit and we will still bounce back... You're insane! Breaking the 300 level sustainably, meaning staying around 250, will have HUGE consequences like much of the system shutting down... a lot of miners leaving... a lot of destroyed investors leaving... no new money... bad publicity... the government and/or banks will then have a chance to come in and execute bitcoin once and for all Cry

molecular

donator

Activity: 2772

Merit: 1019

Quote from: adaseb on November 07, 2014, 12:57:31 AM

Its hard to tell which support will hold or not. I would say the previous resistance at around $250 is very important and needs to hold.

I would say $266 better hold. If not: cheap coins indeed. At least noone can say we don't have capitulation then.

galdur

hero member

Activity: 616

Merit: 500

Up 6% last 30 days.

I think it´ll try again for 400.

It looks terribly oversold.

adaseb

legendary

Activity: 3808

Merit: 1723

Its hard to tell which support will hold or not. I would say the previous resistance at around $250 is very important and needs to hold.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: fewcoins on November 06, 2014, 02:12:23 PM

Quote from: 1Referee on November 06, 2014, 05:57:55 AM

$50 steps are NOT important, doesn't matter if it is $750 $250 $850...

Most people only care about $100 steps, such as $400 $500 $600 levels.

That sounds really dumb, markets don't care about that... Resistance and support levels aren't built around round numbers just because they're said or typed easily! Point is 350 is so important!!! That's why we have touched 400 and we got near 300 but once again today we are right back at that 350 make it or break it level.

These are the facts. Around $350 is VERY important. This will either make or break bitcoin! Since last big drop was to 275 and this big drop we only got to 315, I see higher lows and I see these shorts about to get squeezed.

A higher low (at 315), yes. Looking good so far.

The harder part is the higher high: we'd need to break 415 for that.

There's tough resistance around 420.

But first, we need to get through this sucker:

I agree to an extent: 350 is quite the key level.

Not 'make or break', though (bitcoin would be able to come back from another touch of $100 imo: yes it would suck and it would be horrible and it would take a while, but it could come back (and I'd have way more coins)).

fewcoins

full member

Activity: 126

Merit: 100

Quote from: 1Referee on November 06, 2014, 05:57:55 AM

$50 steps are NOT important, doesn't matter if it is $750 $250 $850...

Most people only care about $100 steps, such as $400 $500 $600 levels.

That sounds really dumb, markets don't care about that... Resistance and support levels aren't built around round numbers just because they're said or typed easily! Point is 350 is so important!!! That's why we have touched 400 and we got near 300 but once again today we are right back at that 350 make it or break it level.

These are the facts. Around $350 is VERY important. This will either make or break bitcoin! Since last big drop was to 275 and this big drop we only got to 315, I see higher lows and I see these shorts about to get squeezed.

1Referee

legendary

Activity: 2170

Merit: 1427

$50 steps are NOT important, doesn't matter if it is $750 $250 $850...

Most people only care about $100 steps, such as $400 $500 $600 levels.

Tstar

legendary

Activity: 1176

Merit: 1005

Decentralized Asset Management Platform

i think it will test 400$ level for a week or two
bitcoin doesn't seems too bullish this year

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: biggus dickus on November 05, 2014, 11:08:32 AM

Quote from: fewcoins on November 05, 2014, 10:58:07 AM

Quote from: canary on November 02, 2014, 03:10:26 PM

I'm waiting for testing $300 in 5-10 days.

Everybody is waiting for 'big' pump in November, what is the reason for this?

Yes because most/all shorts will be covered causing price to rocket to the moon! $300 has long passed.......

Yes, and ask says the 6th 3dMACD bar started GREEN today, which is a very positive indicator.

Just like it did on the 18th of October. Been pretty bullish Roll Eyes

manrus

legendary

Activity: 1334

Merit: 1004

TTM

700+ in feb 2015 Wink

kashish948

legendary

Activity: 1596

Merit: 1000

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

And why do you think so?

biggus dickus

sr. member

Activity: 310

Merit: 250

Quote from: fewcoins on November 05, 2014, 10:58:07 AM

Quote from: canary on November 02, 2014, 03:10:26 PM

I'm waiting for testing $300 in 5-10 days.

Everybody is waiting for 'big' pump in November, what is the reason for this?

Yes because most/all shorts will be covered causing price to rocket to the moon! $300 has long passed.......

Yes, and ask says the 6th 3dMACD bar started GREEN today, which is a very positive indicator.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: canary on November 02, 2014, 03:10:26 PM

I'm waiting for testing $300 in 5-10 days.

Everybody is waiting for 'big' pump in November, what is the reason for this?

Yes because most/all shorts will be covered causing price to rocket to the moon! $300 has long passed.......

canary

full member

Activity: 210

Merit: 100

I'm waiting for testing $300 in 5-10 days.

Everybody is waiting for 'big' pump in November, what is the reason for this?

sniveling

sr. member

Activity: 719

Merit: 250

Quote from: njcarlos on November 01, 2014, 05:20:40 PM

Quote from: Xian01 on November 01, 2014, 02:48:23 PM

re: Trading strategy, I have none. I've been a miner for a few years now. To that end, I'm not sure if I see myself continuing to run my farm come New Year. Will probably shut everything down and sell it off (the rigs, not the BTC)

I take it you're not running profitably at the moment then?

What price does bitcoin need to fall down to before you start shutting down? I heard various prices required to mine a bitcoin here. I guess if you already paid for your equipment it comes down to how much you pay for electricity.

njcarlos

sr. member

Activity: 280

Merit: 250

Quote from: Xian01 on November 01, 2014, 02:48:23 PM

re: Trading strategy, I have none. I've been a miner for a few years now. To that end, I'm not sure if I see myself continuing to run my farm come New Year. Will probably shut everything down and sell it off (the rigs, not the BTC)

I take it you're not running profitably at the moment then?

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: BlindMayorBitcorn on November 01, 2014, 10:27:30 AM

Quote from: Xian01 on November 01, 2014, 10:15:25 AM

Ain't gonna lie, this downward trend is starting to concern me.

At what point does a Legendary member cut his loose..

That'll be for my nieces and nephews to decide. I'm hodling.

re: Trading strategy, I have none. I've been a miner for a few years now. To that end, I'm not sure if I see myself continuing to run my farm come New Year. Will probably shut everything down and sell it off (the rigs, not the BTC)

Colty

newbie

Activity: 8

Merit: 0

Not to worried like everyone said, around the $260 area is when I'll become panicked.
I only have 4btc right now so not to much to worry about.
Let's hope for the best and see this bounce sooner than we expect Wink

arbitrage001

legendary

Activity: 1067

Merit: 1000

Quote from: fewcoins on November 01, 2014, 01:25:49 PM

Quote from: sniveling on November 01, 2014, 10:34:47 AM

Quote from: Xian01 on November 01, 2014, 10:15:25 AM

Ain't gonna lie, this downward trend is starting to concern me.

That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.

Would have been a steal to grab more at 320, I had my limits set above that Undecided

but honestly we can't break 300... Many people want to grab coins at that price, including miners!

It has broken below 300 just not too long ago. Cost of production for small time miner has now exceed the return by long margin.

ravenjt

full member

Activity: 215

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If we go below the previous ATH, then some early adopters will be looking at losses.
But that could be good, shaking up this stagnant market and bring back the good old days of pump and dump.
The market has been held up my moronic bulltards trying to soak up the endless supply of mined coins, chanting choo choo as the price has slowly declined. Yawn.
If these plonkers get shaken out then the volatility can return and then there will be a reason to trade btc.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: sniveling on November 01, 2014, 10:34:47 AM

Quote from: Xian01 on November 01, 2014, 10:15:25 AM

Ain't gonna lie, this downward trend is starting to concern me.

That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.

Would have been a steal to grab more at 320, I had my limits set above that Undecided

but honestly we can't break 300... Many people want to grab coins at that price, including miners!

sniveling

sr. member

Activity: 719

Merit: 250

Quote from: Xian01 on November 01, 2014, 10:15:25 AM

Ain't gonna lie, this downward trend is starting to concern me.

That's worrying considering you must have seen this a few times before. Do you have a trading strategy for this scenario? 350 is long gone, today's bitstamp low is 319.9.

BlindMayorBitcorn

legendary

Activity: 1260

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Quote from: fewcoins on November 01, 2014, 09:57:56 AM

Quote from: BlindMayorBitcorn on October 25, 2014, 08:35:12 AM

Quote from: maker88 on October 25, 2014, 08:32:33 AM

i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating

Agreed. 265 is VERY important Tongue

No actually 265 will be the level which people will start heading for the hills!!!

Dude! Sarcasm emoji. Geez

BlindMayorBitcorn

legendary

Activity: 1260

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Quote from: Xian01 on November 01, 2014, 10:15:25 AM

Ain't gonna lie, this downward trend is starting to concern me.

At what point does a Legendary member cut his loose..

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Ain't gonna lie, this downward trend is starting to concern me.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: BlindMayorBitcorn on October 25, 2014, 08:35:12 AM

Quote from: maker88 on October 25, 2014, 08:32:33 AM

i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating

Agreed. 265 is VERY important Tongue

No actually 265 will be the level which people will start heading for the hills!!!

CryptoCarmen

member

Activity: 84

Merit: 10

★Bitin.io★ - Instant Exchange

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.

Roll Eyes

Yes weekend can sink the ship to the bottom of the ocean. We all know what then wil happen. They did nto found Titanic for almost 100 years and will take 100 more to pull it out of the deep watter.

BlindMayorBitcorn

legendary

Activity: 1260

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Quote from: maker88 on October 25, 2014, 08:32:33 AM

i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating

Agreed. 265 is VERY important Tongue

maker88

sr. member

Activity: 336

Merit: 250

i think the question is why is 350 an important level. and the answer is, it isn't. until we break 265 I'm not sweating

fewcoins

full member

Activity: 126

Merit: 100

Quote from: LightningBlade on October 25, 2014, 01:58:53 AM

Well, if it drop below $350, people might just panic sell..

The panic sellers have brought us to 340 but we will have that lovely bounce soon

LightningBlade

sr. member

Activity: 259

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Well, if it drop below $350, people might just panic sell..

Nagle

legendary

Activity: 1204

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In the last three weeks, the price has been briefly above $400 and briefly below $300. Right now, it's around $350. What's special about $350?

indiemax

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Activity: 722

Merit: 500

Quote from: MatTheCat on October 24, 2014, 09:30:40 AM

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.

Roll Eyes

Anything can happen in the next 5 minutes Tongue

ahri

newbie

Activity: 54

Merit: 0

I think it`ll hit $1 by end of this year.

HWoodrow

full member

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What's happen? why bitcoin price is decreasing so much? anyway, i think that tomorrow price will arrive at 300$, and then will re-increase.

Nagle

legendary

Activity: 1204

Merit: 1002

Well, $358 right now on Bitstamp.

Incidentally, Bitcoincharts is broken again. Their Bitstamp data is 3 hours old, and their Bitfinex data is a week old.

(Remember that Bitcoincharts is a Mark Karpeles, of Mt. Gox fame, operation.)

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Tzupy on October 24, 2014, 10:45:11 AM

Right now the market is oversold, so there's not much room down left. I expect the market to test 420$, but it may take longer than a week.
If the bulls have too little ammo left to break 420$ and reach at least 470$, the real bear party will start.

We want a bull party!

Tzupy

legendary

Activity: 2170

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Right now the market is oversold, so there's not much room down left. I expect the market to test 420$, but it may take longer than a week.
If the bulls have too little ammo left to break 420$ and reach at least 470$, the real bear party will start.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: TPN on October 24, 2014, 09:37:50 AM

Quote from: MatTheCat on October 24, 2014, 09:30:40 AM

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.
Undecided

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.

Roll Eyes

Bullshit!

They are critical.

TPN

full member

Activity: 193

Merit: 100

How did it get so late, so soon?

Quote from: MatTheCat on October 24, 2014, 09:30:40 AM

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.
Undecided

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: zoinky on October 24, 2014, 08:30:03 AM

The next 48 hours are crucial.

Roll Eyes

fewcoins

full member

Activity: 126

Merit: 100

Quote from: trader001 on October 24, 2014, 09:10:50 AM

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

Next strong support level is below 150 as the rise from 100 to 1200 was quick.

I like how many members on here are now very bearish... Time to get greedy and load up some longs for the short term Wink

trader001

full member

Activity: 166

Merit: 100

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

Next strong support level is below 150 as the rise from 100 to 1200 was quick.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: canary on October 24, 2014, 08:43:52 AM

I think we will test 300 in 48-72 hours, after that nobody knows what's gonna happen next Cheesy

Doubt it, The buyers are coming in already... We just passed 360 & I see the buyers lining up, Doesn't look like we can break 350 yet

canary

full member

Activity: 210

Merit: 100

I think we will test 300 in 48-72 hours, after that nobody knows what's gonna happen next Cheesy

zoinky

hero member

Activity: 811

Merit: 1000

Web Developer

The next 48 hours are crucial.

Roll Eyes

fewcoins

full member

Activity: 126

Merit: 100

Don't worry this weekend buys should send us near 400

nowfel

newbie

Activity: 48

Merit: 0

Quote from: fewcoins on October 24, 2014, 07:43:55 AM

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

will test 300 ..afraid of its future.....

ravenjt

full member

Activity: 215

Merit: 100

I think it will test 300, but bounce back up again, to around 380. Then decline slowly again...
I guess that is kind of like saying "sideways" though

My reasoning is that it just keeps drifting downwards, after short rises. But on the other hand, 300 seems to trigger significant new buying activity - I reckon a lot of people think 300 is cheap. So I reckon it will just bounce along between 300 and 400 until there is some significant news event.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: Asrael999 on October 24, 2014, 07:44:34 AM

can we have a neither option please

Neither as in??? I have added a sideways option...

Asrael999

hero member

Activity: 703

Merit: 502

can we have a neither option please

fewcoins

full member

Activity: 126

Merit: 100

This is a very important level... I'm sure we will either have a quick bounce up or another continued slow bleed down. I think we will test 400 again soon, what do you guys think?

Topic: $350 is VERY important... make it or break it level (Read 6729 times)