Back to 220-240? | Bitcointalksearch.org

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: randy8777 on August 02, 2015, 04:39:18 AM

Quote from: Fiat_Hodler on August 02, 2015, 12:49:12 AM

Quote from: BTCLovingDude on August 02, 2015, 12:44:57 AM

Quote from: spazzdla on July 30, 2015, 03:05:34 PM

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.

I guess it is more likely that those coins have already been sold long before previous ATH, either by himself or in case they were hacked by the hacker. It will have minimal influence.

Shiver

sr. member

Activity: 248

Merit: 252

If they get auctioned, I doubt they would end up on an exchange market any time soon. The winning bidder would be buying for a reason and likely playing a long game, and wouldn't want to disturb the visible market for even a minute.

If seized, then they're potentially not going to see the market either, though that is less certain as I read it.

I think if someone is planning in the 3-5+ year frame, then anything less than the previous ATH (whether real or Gox induced), is probably not a bad place to be.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Fiat_Hodler on August 02, 2015, 12:49:12 AM

Quote from: BTCLovingDude on August 02, 2015, 12:44:57 AM

Quote from: spazzdla on July 30, 2015, 03:05:34 PM

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

it depends. if they somehow manage to seize his stolen coins, then traders directly anticipate on that possibility. but then again, what's worse, him dumping his coins on the market, or his seized coins get auctioned.

zenitzz

hero member

Activity: 560

Merit: 500

here we start price will go to $220-$240 sell it now don't wait!! before price down than will blow your mind. sell it now wont wait price drop baby

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Fiat_Hodler on August 02, 2015, 12:49:12 AM

Quote from: BTCLovingDude on August 02, 2015, 12:44:57 AM

Quote from: spazzdla on July 30, 2015, 03:05:34 PM

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

Haha, people who sold on this news are probably thinking that the CEO of Bitcoin got arrested, just like it happened few times before.

Fiat_Hodler

full member

Activity: 196

Merit: 100

Quote from: BTCLovingDude on August 02, 2015, 12:44:57 AM

Quote from: spazzdla on July 30, 2015, 03:05:34 PM

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Some stupid traders panic sold and shorted when they heard karpeles was arrested. In reality such news should have no impact whatsoever on current prices. They sold well below current value... RIP...

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

Quote from: spazzdla on July 30, 2015, 03:05:34 PM

Appears we might be headed back to the 220-240 range again.

bitcoin price doesn't look like it can go down to the 220-240 USD range again it has gone up and it is staying up so far. there is no reason for going down.

Brewins

legendary

Activity: 1120

Merit: 1000

Just a panic sell because of the arrest of the Frap dude.

We will recover by midweek, and no 240 again in the near future

botany

legendary

Activity: 1582

Merit: 1064

Quote from: foxbitcoin on August 01, 2015, 03:19:14 PM

I think that the market is pretty balanced around 280 atm. We'll probably need another whale to step in for any significant change to happen.

Yes. We seem to be range bound between $275 and $300.
Some stability in this range would do BItcoin some good.

foxbitcoin

sr. member

Activity: 593

Merit: 250

I think that the market is pretty balanced around 280 atm. We'll probably need another whale to step in for any significant change to happen.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Watch the 200 day simple moving average on a daily chart. You bet traders do. Expect a bounce off the SMA as buy orders are hit if 270 support level is taken out. There is strong support at 270 though.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: ?? on ??

Quote from: Cconvert2G36 on July 31, 2015, 11:38:46 PM

Tetsuo!!

Kaneda!!!

KAMI!!!!!

diodio1

sr. member

Activity: 285

Merit: 250

Quote from: hodlmybtc on July 31, 2015, 12:07:16 PM

Drop a couple $ and immediately insane bear talk, wtf we're in an uptrend and these price levels are still bullish. You guys are having the battered bull syndrome because of the long bear market.

Quote from: hodlmybtc on July 31, 2015, 03:49:12 AM

Long 283, I found this 4H 125 EMA (~21 D EMA) , it has been very strong and accurate support this rally, also we're sitting on the .618 retracement from the rise from 272-298.

Hidden bull divs on multiple oscillators (just 3 on chart to not ruin it), normal bull div on UO showing momentum to the upside.

Also RSI and godmode levels are around the lowest levels they've been so far this uptrend.

I hope I can keep this long open for a long time, but I will take profit on the way up at resistance levels and try to get in back lower, resistance levels 290, 294, 300, 305, 315, stop loss for this trade 279.

If 279 breaks on good volume we will probably see 275-272 which would also be a good long opportunity, also a short from 279 to 275-272 is probably good.

no. current market shows a bearish i think. prepare to cut your lost sir

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: kwukduck on August 01, 2015, 03:36:10 AM

This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

We did come down quite low, I was surprised when I saw the price this morning. I hope this slide will be stopped. Hope this is just a correction and that we will get back soon enough.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Well I'm actually hoping that you're a troll. I just do not understand people when the price seems some movement (it seems much worse when going down).
Every time the price goes down by $5+ people seem to start panicking a little. It seems to me that only a few members have ever been involved in real trading, and thus remain peaceful.

Quote from: Amph on August 01, 2015, 06:53:44 AM

285 on preev, and 250-275 was called solid not above it, so all your no-sense are only embarrassing to read

your prevision has been proven always wrong, did you ever predicted something correctly regarding bitcoin price?

no wonder you sold at 10...

I would advise you to ignore that guy. Anyhow, I've been pretty much satisfied. If we can hold above $250 that's fine with me and so should it be with everyone else.
I remember the first time that I cashed a single Bitcoin out on BTC-e for around $110. Worst mistake ever.

Denker

legendary

Activity: 1442

Merit: 1016

No we won't go down that much. 250-260 although is quite possible. Should be a good reason to accumulate a bit more imo.
However if we really should see the 220s it won't last long. A quick bounce up is pretty sure. So OP no reason to worry. It's the Bitcoin ride. Wink

ask

legendary

Activity: 1386

Merit: 1004

bitcoin is doomed

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: kwukduck on August 01, 2015, 03:36:10 AM

This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

285 on preev, and 250-275 was called solid not above it, so all your no-sense are only embarrassing to read

your prevision has been proven always wrong, did you ever predicted something correctly regarding bitcoin price?

no wonder you sold at 10...

indiemax

hero member

Activity: 722

Merit: 500

Quote from: Acererak on July 30, 2015, 03:41:49 PM

Going under 200 would be a magnificent buying opportunity.

If you buy derivative long options at an exchange like BitMEX for price increases above $300, and you hold your physical bitcoin purchase dollars to wait on a price dip to $250 or below, then you are pretty well covered either way, and increasing your equity in the BTC enterprise.

Volatility can be profitable. Volatility is like air turbulence, you get through it by letting yourself believe that it will end well for you.

Ah,I get it,gambling Grin

inca

legendary

Activity: 1176

Merit: 1000

Quote from: kwukduck on August 01, 2015, 03:36:10 AM

This thing is coming down faster than expected. Already broke that 'solid' $280 that many of you called.

I'll just leave this here..

Quote from: kwukduck on May 30, 2015, 04:26:22 AM

Seems the bagholders can no longer counter the immense selling pressure...
Prepare for a fight to stay above 200 the next two days.

Us bagholders seemed to counter that immense selling pressure as the price promptly moved up 100 dollars.

Topic: Back to 220-240? (Read 3010 times)