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Topic: $350 will be the bottom - page 7. (Read 13183 times)

newbie
Activity: 54
Merit: 0
March 15, 2016, 09:27:36 AM
After a few months since the OP, the lower bound of the price is $400 now. The price is floating above it for some time.
sr. member
Activity: 322
Merit: 250
March 09, 2016, 05:51:54 AM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
You will never know what will happen in the future. But we all hope that it will not going down, that will be bad.
But we all hope that it will be more worth and that we can sell it with profit and that will be good.
sr. member
Activity: 476
Merit: 250
March 09, 2016, 04:07:29 AM
That will be good if that will be the bottom. There is a possibility indeed that it also can be lower. And the price is now a bit stable so that is quite good.
The value is going higher now in the future and that is very good, for those who already made an investment.
newbie
Activity: 56
Merit: 0
March 08, 2016, 10:30:22 AM
We all hope that it will be the bottom for Bitcoin. But it is very hard to predict a currency and that is the problem. You will never know what will happen.
But we all hope of course that the value will rise for a long time so we can sell it with a huge profit later in the future.


Well everybody who has a minimal amount of bitcoin is waiting for the price hike to come but with the current problem on devs and stuff we will just have to wait for some good news of progress.
sr. member
Activity: 350
Merit: 250
March 08, 2016, 09:08:19 AM
We all hope that it will be the bottom for Bitcoin. But it is very hard to predict a currency and that is the problem. You will never know what will happen.
But we all hope of course that the value will rise for a long time so we can sell it with a huge profit later in the future.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
March 07, 2016, 01:09:23 PM
Bitcoin was getting within $350 - $385 for a long time and started growing from it and crossed $400 in a short term. Of this reason expect $350 to be the low bottom.
sr. member
Activity: 434
Merit: 511
March 07, 2016, 12:04:49 PM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
We all hope that it will be the bottom. But you can never know what will happen. We all hope that it will rise for a long time.
And that will be pretty good for those people who already has made an investment. And I hope also that more people are going to use Bitcoin.

Yes 350$ is a good bottom And I really believe, the downtrend is over now.
And the halving is coming so it is looking good again for Bitcoin.

With ethereum working with microsoft it is going to reach more people.
And I think that is why Bitcoin will be used more this year!
sr. member
Activity: 434
Merit: 250
March 07, 2016, 09:15:23 AM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
We all hope that it will be the bottom. But you can never know what will happen. We all hope that it will rise for a long time.
And that will be pretty good for those people who already has made an investment. And I hope also that more people are going to use Bitcoin.
hero member
Activity: 784
Merit: 500
March 07, 2016, 01:23:49 AM
Anyone use poloniex's margin trading? I'm feeling risky this year  Wink

Im trade at poloniex but Iam never use margin trading feature. someday in 2015 im use margin trader at Huobi, earn 0.1/day but after 1week i lost all of my bitcoin, arround 1.7 , leverage/margin trading is good for stable price, but if hard dump/hard pump come yuou will lose your money.
member
Activity: 98
Merit: 10
March 06, 2016, 06:13:39 PM
Anyone use poloniex's margin trading? I'm feeling risky this year  Wink
hero member
Activity: 966
Merit: 507
March 06, 2016, 06:07:56 PM
Yes, I also think $350 is a probably limit (psychological), although it would not be rare to see even a potential drop toward $300 lows, although it seems unlikely. However I think this current range seems very strong ($350-450) and only a great event could lead bitcoin to break this range.
sr. member
Activity: 336
Merit: 250
March 06, 2016, 05:39:21 PM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.

Well the price did sail for weeks around the 320 border. Which is a pretty good low for me. From 200 to 250 to 320.
This is what i can call steady progress. Let's see and find out if the new support is 400 dollar.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
March 06, 2016, 04:51:00 PM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
March 06, 2016, 01:25:08 PM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on
sr. member
Activity: 448
Merit: 250
March 06, 2016, 01:17:20 PM
350 is the new low. I've seen the price go down a  few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
March 06, 2016, 11:20:43 AM
I have a high hope that the price will reach upto $439 until the next block halving.

After that it will start declining and the network jamming will also start soon since majority of small scale miners will stop their mining activities due to low reward.

So my speculation is that the price will reach near $350 at the end of this December for sure.
I wouldn't be surprised with such scenario. First of all, because almost everybody in here is expecting at least $800-1000, just because of halving. The reality is, we shouldn't see more than $500-600 with the halving alone, and thus many can get disappointed and start dumping. That may provide incentive for further selling and thus we may be able to revisit $350 at the end of the year.
legendary
Activity: 896
Merit: 1000
March 06, 2016, 08:37:35 AM
I have a high hope that the price will reach upto $439 until the next block halving.

After that it will start declining and the network jamming will also start soon since majority of small scale miners will stop their mining activities due to low reward.

So my speculation is that the price will reach near $350 at the end of this December for sure.

small miners may leave, yes. that's not really a problem. the larger mining farms have a minimum of 25% of spare hashpower to activate. if the difficulty drops, these farms will simply turn on the extra capacity that they have. and then the difficulty will go up again. no problems here.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
March 06, 2016, 06:47:47 AM
I have a high hope that the price will reach upto $439 until the next block halving.

After that it will start declining and the network jamming will also start soon since majority of small scale miners will stop their mining activities due to low reward.

So my speculation is that the price will reach near $350 at the end of this December for sure.

Why do you think that if small miners stopp, bitcoin price will go down ?
I do not think that would happen, because if some miners stop mining, there will be always other miners who will continue because they have cheap power in their countries. and even if the overall number of miners declined, then the difficulty will be adjusted and there will be no problem with fining blocks
hero member
Activity: 784
Merit: 502
March 05, 2016, 05:15:21 PM
I have a high hope that the price will reach upto $439 until the next block halving.

After that it will start declining and the network jamming will also start soon since majority of small scale miners will stop their mining activities due to low reward.

So my speculation is that the price will reach near $350 at the end of this December for sure.
legendary
Activity: 1232
Merit: 1091
March 05, 2016, 04:31:53 PM
Well there is still enough buy support at 380 and yes it is good to have more support at 350. But it shouldn't come to that.
My guess it will go to380 and then bounce back to 420 dollar
yep, I agree. There should be enough keen buyers at $380s. $350 is the last resort support and has been rock solid so far. If it comes to another test, it should provide support once again.

Looks like I managed to get myself a very nice position in the market as I bought 1 BTC at $385. There is still a chance to see the price come back down more as it seems that people don't really know what to do. At least I am prepared for it with fiat ready to be used.
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