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Topic: Bitcoin dropping again? - page 5. (Read 6225 times)

hero member
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December 22, 2015, 11:58:37 AM
#50
it dropped just a little bit to 420 dollar per bitcoin and now it is back to 440 dollars i dont think that was a very big drop its impossible for the price to be very stable as it is fluctuating all the time i guess we shouldnt be worried too much about it and wait for increases
hero member
Activity: 714
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December 22, 2015, 10:48:18 AM
#49
Some of the stated speculations all has "hugot" in our local word or should I say root. Don't based and compare the price dip today in the dip that happened last $500 rally. It's really different. For the momentum it builds in the past weeks, I really don't see below $350. Well it's up to you. Go short or go long up to you to decide.

Well a smart Bitcoin user who know about the current market situation will try to get maximum benefit when the value reaches its peak then the user will sell the Bitcoin because we all know there are great chances of price again dropping down may be during second quarter of 2016 for sometime and we can buy BTC that time at lesser price
legendary
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December 22, 2015, 10:05:08 AM
#48
Some of the stated speculations all has "hugot" in our local word or should I say root. Don't based and compare the price dip today in the dip that happened last $500 rally. It's really different. For the momentum it builds in the past weeks, I really don't see below $350. Well it's up to you. Go short or go long up to you to decide.
sr. member
Activity: 406
Merit: 250
December 21, 2015, 05:05:35 PM
#47
New support will be determined within the news 3 days. From there it's the market will change it's course.

Either we go ahead with the pump, or the price will find a new support (somewhere above 350ish).
Since i cashed some (40%) i still anticipate a price near the 500 dollar, but I could be wrong..
hero member
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December 21, 2015, 04:14:55 PM
#46
Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

370 or even lower.
With a price increase support/ and resistance go up, when the price is in decline both levels go down.
Right now it seems we are going back down a lot


370 USD is an option yes. But I don't think it will go much lower. In a way I hope it so i can buy back way cheaper, but seeing the last couple of weeks the price is strong and so is support.
It's like people don't want to see it go much lower and are willing to fight for it, by buying.
sr. member
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December 21, 2015, 04:09:47 PM
#45
Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD

370 or even lower.
With a price increase support/ and resistance go up, when the price is in decline both levels go down.
Right now it seems we are going back down a lot
hero member
Activity: 896
Merit: 1000
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December 21, 2015, 04:07:24 PM
#44
Where is the new support level? Meaning how far do you guys think Bitcoin will drop?
Will it be 380/ 400 USD or something else?

My guess is we will go down as much as 380 USD
legendary
Activity: 1232
Merit: 1091
December 21, 2015, 01:19:24 PM
#43
If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.
Agree, below 400$ seems hard this month, we can see bitcoin above 500$ on xmas and before new year, this price drop may be final price correction before big pump.

Christmas is just 4 days away from now. I think it will be a very difficult task to reach $500 while there are just a few days left to Christmas. I am already happy if we can settle above $450 again.
legendary
Activity: 1610
Merit: 1183
December 21, 2015, 12:15:03 PM
#42
Welcome to the volatility of the current day bitcoin. You've been around long enough to know this is pretty normal OP Cheesy

Yup, but I'm looking forward to buying at 350

Wrong move mate. If you sold and you are trying to short, I would advice to save losses since I don't see a single possibility of seeing 350 in 48 hours (now less hours since you posted this thread). We are already back to 440..
full member
Activity: 224
Merit: 100
December 21, 2015, 11:38:19 AM
#41
I'm not surprised at all for this to happen. Anyone could have seen this coming, this is just the way this market works.

With lows and highs, it hasn't been massively dropping, I would only get worried if I wouldn't believe that the price/value would go back up again.
hero member
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December 21, 2015, 11:30:38 AM
#40
If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.
Agree, below 400$ seems hard this month, we can see bitcoin above 500$ on xmas and before new year, this price drop may be final price correction before big pump.
legendary
Activity: 1232
Merit: 1091
December 21, 2015, 11:19:36 AM
#39
If the price goes to $350, then I will definitely buy 1 or 2 Bitcoins. I only think it won't happen as anything under $400 is too cheap at this point. I don't even think wealthy traders are in the mood of dumping it under $400. That level will have a strong support.
hero member
Activity: 658
Merit: 500
December 21, 2015, 11:15:13 AM
#38
well yeah bitcoin price is dropping right now and i think that its a bad thing that people start dumping it i dont know if i should sell it or not as i am afraid that the price might grow again after some time
sr. member
Activity: 476
Merit: 250
December 21, 2015, 11:10:36 AM
#37
Good luck predicting that it goes to 350 dollars I just don't see that happening.
What I can tell you the lowest where it can go is 390 dollars. We just need some hope and wait what will happen in 48 hours.
sr. member
Activity: 280
Merit: 250
December 21, 2015, 11:07:41 AM
#36
The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

I doubt that it will happen, bitcoin won't just go down that fast maybe it will but not that fast.
We can see that bitcoin is now kinda going up not really. But is just around 436 dollars so that is just oke for now. We will see what will happen tomorrow.


I don't think this will happen either. I think bitcoin will be ok as long as it will stay around $400
I don't mind it either that it drops a bit. It gives other people a chance to buy at a not too high of a price.
hero member
Activity: 994
Merit: 500
December 21, 2015, 10:49:57 AM
#35
The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

I doubt that it will happen, bitcoin won't just go down that fast maybe it will but not that fast.
We can see that bitcoin is now kinda going up not really. But is just around 436 dollars so that is just oke for now. We will see what will happen tomorrow.
legendary
Activity: 3122
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For support ➡️ help.bc.game
December 21, 2015, 10:29:10 AM
#34
The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD
when majority of people are now supporting and investing in bitcoins Wink

Yes actually even the last 460 above range many bulls performed buys which leads to much support around that range. And earliers lots of bitcoins are bought that get up the price again at this range. It's just that yesterday bears won the match but look no much price dip and now just a tree shaking in price,.
full member
Activity: 196
Merit: 100
December 21, 2015, 10:21:16 AM
#33
The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD
Well i don't think so,My prediction is it will Cross 500$ in matter of days..I can not guess any possible reason why it will fall,when majority of people are now supporting and investing in bitcoins Wink
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
December 21, 2015, 10:09:59 AM
#32
I do not call it drop. Volatility of Bitcoin is common to everyone who take care of price.
There was a good opportunity to buy more and now just wait for good moment to sell  Grin

That is called a price dip. Even price goes dip I don't think it will reached below $400 rank as it really established good resistance around this range and we can see the output of it by looking at the weekly chart.
legendary
Activity: 896
Merit: 1000
December 21, 2015, 10:01:00 AM
#31
The price went down to 430 in a matter of hours. Continues to go down.
I predict that in the next 48 hours the price of 1btc will be 350USD

i think the dump is over and we can look forward again. not sure what caused this dump, but i never had the feeling it would go sub $400.
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