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Topic: Bad time to go long - page 4. (Read 4800 times)

sr. member
Activity: 406
Merit: 250
March 06, 2016, 10:09:05 AM
#50
ITs not that bad time now. I hope later of course that it will be a better time, and I think that will also happen.
You never know what can happen with a currency, but we all hope that it will rise for a long time so we can sell it with profit.
legendary
Activity: 3248
Merit: 1070
March 06, 2016, 02:26:26 AM
#49
Well maybe now that the price has fallen so much It's less risky to go long, although the market seems pretty bearish atm.

i'm long for 450, i'm seeing a return there in a few days, like we did fall from 440 1 week ago

it's an endless cycle for accumulation while the market is waiting for the next move

it's not like we have not seen this like one thousand times in the past
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
March 05, 2016, 03:15:42 PM
#48
$415 was broken, and that was valid short term support. Right now I expect the buyers to appear already at $380s. A very solid support (mid-term) from TA perspective is the $350 horizontal line from the early January. That should stop any selling, if at all comes to such a test. 
sr. member
Activity: 308
Merit: 250
March 05, 2016, 02:54:07 PM
#47
The price is hovering around $400 again. Is there any reason for the sudden drop yesterday? I thought it would be over $400 for long term.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 05, 2016, 06:11:45 AM
#46
Well maybe now that the price has fallen so much It's less risky to go long, although the market seems pretty bearish atm.
full member
Activity: 175
Merit: 100
March 04, 2016, 11:11:58 PM
#45
^^^^^^^^^^^^^^^^^^
Absolutely right, we're going down. Hard. The reason for the drop is this:

https://medium.com/@barmstrong/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf#.w2higxnth

What's funny is that Brian Armstrong is probably expecting some deus ex machina of a developer to save bitcoin.

Quote
Long term, we need to form a new team to work on the bitcoin protocol. A team that is welcoming of new developers to the community, willing to make reasonable trade offs, and a team that will help the protocol continue to scale. You’ll be hearing more about this over the next month or two.

Or he's just planning on competing with blockstream when it comes to influencing bitcoin core's roadmap. If the price is falling because if this, I think that people are taking him too seriously. The problems he talk about have existed within the bitcoin space for a long time, the recent block size drama is made to look serious by unnecessary reactions like this.
The price isn't falling because of what Brian Armstrong said. It's falling because transactions won't go through.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 04, 2016, 10:01:47 PM
#44
^^^^^^^^^^^^^^^^^^
Absolutely right, we're going down. Hard. The reason for the drop is this:

https://medium.com/@barmstrong/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf#.w2higxnth

What's funny is that Brian Armstrong is probably expecting some deus ex machina of a developer to save bitcoin.

Quote
Long term, we need to form a new team to work on the bitcoin protocol. A team that is welcoming of new developers to the community, willing to make reasonable trade offs, and a team that will help the protocol continue to scale. You’ll be hearing more about this over the next month or two.

Or he's just planning on competing with blockstream when it comes to influencing bitcoin core's roadmap. If the price is falling because if this, I think that people are taking him too seriously. The problems he talk about have existed within the bitcoin space for a long time, the recent block size drama is made to look serious by unnecessary reactions like this.
legendary
Activity: 1036
Merit: 1000
March 04, 2016, 09:45:48 PM
#43
^^^^^^^^^^^^^^^^^^
Absolutely right, we're going down. Hard. The reason for the drop is this:

https://medium.com/@barmstrong/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf#.w2higxnth
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 04, 2016, 08:26:03 PM
#42


aand it's down
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 04, 2016, 03:33:15 PM
#41
It hit 414 today.  Tongue
newbie
Activity: 44
Merit: 0
March 04, 2016, 09:05:04 AM
#40
Often Bitcoin need to face bad time. Recently it faced a crash on the starting of the year. Following it had a good increase in price and now the price is decreasing. We can't stop this it goes on continuously.

The bitcoin has recovered from the crash. I believe its price is stablising at the moment. It will rise in the near future.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
March 04, 2016, 08:24:58 AM
#39
Often Bitcoin need to face bad time. Recently it faced a crash on the starting of the year. Following it had a good increase in price and now the price is decreasing. We can't stop this it goes on continuously.
sr. member
Activity: 392
Merit: 250
March 04, 2016, 06:39:49 AM
#38
it's still good time to buy and save for long time, not only because of halving, but because china too, it will rise price a lot, and halving will do that too, so it is pretty safe to go long
legendary
Activity: 3248
Merit: 1070
March 04, 2016, 06:27:56 AM
#37
you can go long from 4xx to 440-450 easily, i'm think they are consilidating 400-450 range now, so playing in this range is quite safe

now there is a short trend heading again to 40x, after there was a long term heading to 440+

Do you mean I should buy at $410 and sell at $450? From the past price pattern, it seems a safe strategy.

i would say 400 is the bottim now, so yes 400-450 range is a safe bet in my view

i'm playing this range too on 1 broker
full member
Activity: 201
Merit: 102
March 04, 2016, 04:36:02 AM
#36
you can go long from 4xx to 440-450 easily, i'm think they are consilidating 400-450 range now, so playing in this range is quite safe

now there is a short trend heading again to 40x, after there was a long term heading to 440+

Do you mean I should buy at $410 and sell at $450? From the past price pattern, it seems a safe strategy.
legendary
Activity: 3248
Merit: 1070
March 03, 2016, 02:32:32 AM
#35
you can go long from 4xx to 440-450 easily, i'm think they are consilidating 400-450 range now, so playing in this range is quite safe

now there is a short trend heading again to 40x, after there was a long term heading to 440+
legendary
Activity: 994
Merit: 1000
March 02, 2016, 11:10:43 PM
#34
It is slowly going down while ethereum is very high... is as if one feed on the other. It would not be strange for BTC to go below 420 IMO
i have also just bought some eth myself but i don't think eth will replace bitcoin because they are two different things. The only thing that is relating them is fund moving for sell wall of bitcoin to buy wall of eth.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
March 02, 2016, 06:21:19 PM
#33
It is slowly going down while ethereum is very high... is as if one feed on the other. It would not be strange for BTC to go below 420 IMO
legendary
Activity: 1473
Merit: 1086
March 02, 2016, 05:02:20 PM
#32
This is not the altcoin speculation forum.
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
March 02, 2016, 04:26:55 PM
#31
It is not that bad time. I think you are negative because the value was a bit low. But you must wait and see.
You can now see that the value is slowly rising and that is very good for those who made already an investment, so that is very good.

Yes, price is rising slowly and steadily at a moment, but we need to wait until the halving, the price would be much higher and better in next few months, so its time for some good news.
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