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Topic: Back to $ 400 soon? - page 31. (Read 32488 times)

hero member
Activity: 714
Merit: 500
Me, myself and I
November 18, 2015, 11:06:26 AM
#48
In couple hour i see price looks like stuck and not want goes up or down, feel bored see price like this. Hope in 12 hour have positive way at least we need see price up 5-10%
legendary
Activity: 2170
Merit: 1427
November 18, 2015, 04:57:28 AM
#47
I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets.


I repeat: I think Bitcoin is meant to be used and re-used all over again. I keep my coins with due respect but I keep buying and spending them. Sometimes with a nice fiat profit inbetween.
I'm not saying do not accumulate, what I'm saying is try to spend and rebuy. You might find it a good way to accumulate more.

I am accumulating and spending no matter what. But I don't spend any coins that I own at this point anymore. When I need to purchase some stuff with Bitcoin, I simply convert fiat into Bitcoin, and then the spend the Bitcoins on whatever I like.
hero member
Activity: 714
Merit: 500
November 18, 2015, 04:33:19 AM
#46
I think for a while price will remain between 320-340 $ before next rise in price.This is correction and accumulation session which will let the price having solid floor on mentioned price.By the end of this year we can see price over 400 $ again.
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
November 18, 2015, 03:42:33 AM
#45
Quote
Special Drawing Right. An artificial currency unit based upon several national currencies. The Special Drawing Right serves as the official monetary unit of several international organizations including the International Monetary Fund, and acts as a supplemental reserve for national banking systems. For members of the IMF, the Special Drawing Rights can be used to settle trade balances between countries and to repay the IMF. An IMF member country has to supply its own currency to another member country in exchange for SDRs, unless that country already holds a certain specified amount of SDRs.

Interesting news. This means different things: first of all, China is entering a system that can not be controlled (are they used to it?) and secondly and more importantly why now if they had a lot time to do this? Regarding BTC I really don't know what this could mean but hey, if we see another little bubble maybe we know why. But this still remains totally unclear.
Pab
legendary
Activity: 1862
Merit: 1012
November 17, 2015, 07:53:25 PM
#44
So 30 nov 2015 will be historic day for woldwide economys.That day Chinse Yuan will be added to SDR major currency basquets.There are prediction that Youan will goes  down a little to US dollar,maybe becouse of that chinise are buying.What will be future impact on global economyand major  currencys.For sure trading with Yuan will increase

It is something to think abou tfor investors.Worldwideeconomy forecast is showing that major economys slow down

German economy is slow down very much,after scandal with Volksvagen will be worse

And there isa lot  of tensions in the world,there is hidden war in fact andanything mayhappen.One more terroristic attack may change everythng.In all that  enviroment btc isa kind of sollution andthere is good to have somebtc in pocket
legendary
Activity: 1470
Merit: 1001
November 17, 2015, 07:30:30 PM
#43
Price is increasing slower that last time, this is more secure. We saw that rocket increasing prices tend to drop faster. And about black friday is good that people uses it to buy, if merchants sell it prices could go down, but new users will buy it.
full member
Activity: 133
Merit: 100
November 17, 2015, 05:09:08 PM
#42
When the price drops due to the dump of bitcon by retailers, it will attract buyers as the price is low. I would suggest the users of bitcoin to buy back the amount of bitcoin they spend. Circulation of the bitcoin will increase its value and increase adoption.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
November 17, 2015, 02:55:38 PM
#41
I don't think the black friday will cause a crash. Last year nothing like that happend.

Currently the market is looking for a direction, because i don't expect the price to be at this level in 3 months.
full member
Activity: 184
Merit: 100
November 17, 2015, 01:46:56 PM
#40
Some posts have expressed the opinion that after Bitcoin black Friday the merchants who made the most sales will dump their bitcoins for fiat and create a crash. That does sound feasible to me, although I don't know if it happened after last year's Bitcoin black Friday. There's less than two weeks left before this year's, and if it causes a crash we can forget 400 for now.
legendary
Activity: 1232
Merit: 1091
November 17, 2015, 01:16:50 PM
#39
I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.

sustaining that might be hard considering current climate but I would be happy with anything around 380 as that is a current strong point

Anything above $300 is good enough for me to be happy with. If it goes to $400 then it's fine, if it stays below $400 for quite some time, then I'm also fine. The halving will do its work. I just hope we're not going below $300.
legendary
Activity: 1218
Merit: 1000
November 17, 2015, 11:34:59 AM
#38
I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.

sustaining that might be hard considering current climate but I would be happy with anything around 380 as that is a current strong point
legendary
Activity: 1652
Merit: 1057
November 17, 2015, 11:30:46 AM
#37
I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.

Yes. I too hope for sustaining prices around $400 to $450 levels. It is going to be one year the price range got struck around $220 to $250 levels. Now it is time for next level of prices that must be above $400.
legendary
Activity: 1232
Merit: 1091
November 17, 2015, 11:09:26 AM
#36
I surely hope so, but I don't think it will. I think this situation will be the same as when we were sitting at around the $250 price level. It took a very long time to go over $300 and stay over it. It cost time.
legendary
Activity: 3248
Merit: 1070
November 17, 2015, 10:54:46 AM
#35
they are playing with the 320-330 range all the time, pretty much like the 220-230 or 220-250

there is no real sign of another bubble, when a bubbl begin seriously you will see it like the last one +100% at least

yes this is the same when 220-230 or 220-250, in fact I do not think it will reach $350 in the near future, but we will back and stable again at $300-330

yeah you can expect something like touching 400 again, like it was for the 300 mark before we broke it

but that's it i'm not expecting a return to 500 any time soon at least for this year
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
November 17, 2015, 09:00:56 AM
#34
I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets.


I repeat: I think Bitcoin is meant to be used and re-used all over again. I keep my coins with due respect but I keep buying and spending them. Sometimes with a nice fiat profit inbetween.
I'm not saying do not accumulate, what I'm saying is try to spend and rebuy. You might find it a good way to accumulate more.
legendary
Activity: 1946
Merit: 1007
November 17, 2015, 08:41:54 AM
#33
Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.

my short seller senses are tingling

If you want them to keep tingling, follow the duck around. Perms bear and doomsayer there.

He will never change as he is sour for selling to early.
hero member
Activity: 490
Merit: 500
November 17, 2015, 08:38:25 AM
#32
If we can't past 350$ resistance we can't see 400$ in short term. Yesterday they tried first time and failed. Today we can see second try.
full member
Activity: 146
Merit: 100
November 17, 2015, 07:57:07 AM
#31
Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.

my short seller senses are tingling
legendary
Activity: 1442
Merit: 1016
November 17, 2015, 07:51:59 AM
#30
wow, + 7% in the last 24 hrs

 Shocked Shocked Shocked

Nothing special in Bitcoinland. Also I don't see $400 coming soon. But it's great to see that we are able to hold the 300.No big changes will happen this year.Price of 290-350 is the range we will move for the rest of this year is my prediction.
legendary
Activity: 2170
Merit: 1427
November 17, 2015, 07:48:05 AM
#29
I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy

I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets.

Regarding OP; It's not that likely to see the price reach $400 without genuine demand. It can go up again if a large trader decide to trigger people to panic buy the price up to $400, but I really prefer to see it rise slowly to the $400 level. Let it take a few months, not a problem for me.
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