Bitcoins new trend - page 4. | Bitcointalksearch.org

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Quote from: Dux2K on August 24, 2016, 03:06:40 AM

Quote from: The Sceptical Chymist on August 23, 2016, 10:36:53 PM

I think when OP wrote this, we were dropping to something like $518 or so. I bought a little on the way down, made some money on the way back up. Not much--I should've kept buying, but oh well.

This wasn't a trend. It was just the usual bumps we see in crypto all the time. Now as to the current level we're at...it's a damn good time to buy, I'd say.

It good no doubt about it now jyst buy cuz price is going up for sure this year and there will be no error in this
Price is recovering and slowly goes up and buying now us best option

There is still a possibility of it going down. So the better option is to watch and observe, save money and be ready to buy at lower prices. This is a time for bargain hunting especially in times like these when the market has low volatility.

vero

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in my opinion there is no new trend in the price of bitcoin which in my opinion is still on the trend of bubble this occur after the spike in the price of $ 220 and we are still awaiting the trend what will come after halving.

Dux2K

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Quote from: The Sceptical Chymist on August 23, 2016, 10:36:53 PM

I think when OP wrote this, we were dropping to something like $518 or so. I bought a little on the way down, made some money on the way back up. Not much--I should've kept buying, but oh well.

This wasn't a trend. It was just the usual bumps we see in crypto all the time. Now as to the current level we're at...it's a damn good time to buy, I'd say.

It good no doubt about it now jyst buy cuz price is going up for sure this year and there will be no error in this
Price is recovering and slowly goes up and buying now us best option

The Sceptical Chymist

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I think when OP wrote this, we were dropping to something like $518 or so. I bought a little on the way down, made some money on the way back up. Not much--I should've kept buying, but oh well.

This wasn't a trend. It was just the usual bumps we see in crypto all the time. Now as to the current level we're at...it's a damn good time to buy, I'd say.

calme

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And then we can hopefully run the price up into the 500+ range

pitham1

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Quote from: dumana on August 11, 2016, 11:30:48 AM

Quote from: pearnapple on August 10, 2016, 08:44:47 AM

Quote from: dumana on August 10, 2016, 08:14:11 AM

Quote from: iv4n on August 09, 2016, 11:20:07 AM

I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

The bitcoin's long term trend is to be used by more and more people as it offers better functions than conventional fiats.

thats true, more and more people are into holding bitcoins right now or using it, the adoption is massive and i think bitcoin can only grow because of that

I think the bitcoin price will resume its uptrend very soon. People will forget about the Bitfinex hack soon.

It is not just the Bitfinex hack. It is also to do with the excess euphoria before the halving.
In some sense that contributed to overpricing around July.
Once those effects wear off, the uptrend will resume.

Universat

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Quote from: dumana on August 11, 2016, 11:30:48 AM

Quote from: pearnapple on August 10, 2016, 08:44:47 AM

Quote from: dumana on August 10, 2016, 08:14:11 AM

Quote from: iv4n on August 09, 2016, 11:20:07 AM

I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

The bitcoin's long term trend is to be used by more and more people as it offers better functions than conventional fiats.

thats true, more and more people are into holding bitcoins right now or using it, the adoption is massive and i think bitcoin can only grow because of that

I think the bitcoin price will resume its uptrend very soon. People will forget about the Bitfinex hack soon.

yes i am agree. bitcoin price has to start increasing very soon, as in present tie there is no bad news about bitcoin therefore people are investing money in bitcoin, hope this uptrend will continue for a long time.

dumana

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Quote from: pearnapple on August 10, 2016, 08:44:47 AM

Quote from: dumana on August 10, 2016, 08:14:11 AM

Quote from: iv4n on August 09, 2016, 11:20:07 AM

I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

The bitcoin's long term trend is to be used by more and more people as it offers better functions than conventional fiats.

thats true, more and more people are into holding bitcoins right now or using it, the adoption is massive and i think bitcoin can only grow because of that

I think the bitcoin price will resume its uptrend very soon. People will forget about the Bitfinex hack soon.

pearnapple

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Quote from: dumana on August 10, 2016, 08:14:11 AM

Quote from: iv4n on August 09, 2016, 11:20:07 AM

I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

The bitcoin's long term trend is to be used by more and more people as it offers better functions than conventional fiats.

thats true, more and more people are into holding bitcoins right now or using it, the adoption is massive and i think bitcoin can only grow because of that

dumana

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Quote from: iv4n on August 09, 2016, 11:20:07 AM

I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

The bitcoin's long term trend is to be used by more and more people as it offers better functions than conventional fiats.

iv4n

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I think its not "new trend" as you mentioned in headline. Bitcoin is doing that for years already, with sometimes pretty big up and down trends. Some people say its cause demand and supply of the coins, some people say specific things that happen can inflict price to go up or down, whales and bears can move the market, along with who many how much factors.
Bitcoin is still here, people still using it, and as I see its growing every year. More people joining, more sites using it, that mean something, and no matter how much bitcoin fall or how much it rise, we are here and bitcoin is fine, working properly.

Yakamoto

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Quote from: angryswamp on August 09, 2016, 11:01:01 AM

i think that bitcoins trend is only up right now, in my opinion it will be huge soon

Bitcoin has had a downtrend for the past week or two, so it definitely isn't an uptrend right now, and it probably won't be for a while, until the market gets bullish again. I'm thinking that there is going to be an uptrend sooner rather than later, but I'm not 100% on that quite yet. We just need to see that bull run happen and some faith will be restored in the value.

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i think that bitcoins trend is only up right now, in my opinion it will be huge soon

dumana

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Quote from: Superbitzz on August 02, 2016, 02:28:41 PM

Quote from: Red-Apple on August 01, 2016, 09:36:31 AM

Quote from: Xester on August 01, 2016, 07:37:52 AM

Based on the market price trend graph, bitcoin has shown signs of price decrease, as of the moment an alarming decrease has occurred and for two days already it slowly showing the falling movement.

Is this the sign that bitcoin will unfortunately going to continue to go down. This seems a bad news but we hope that it will go back.

Will it go up or fall down more.

this is just a small change in bitcoin, the stability has made everybody lazy and it seems like everybody has forgotten that bitcoin used to change $50 in each swing up or down. now it has been stable for a while and changed only in $1-$5 so everybody has forgotten a while back.

i think bitcoin recall his previous trend it awakened the people as there is a big downfall in the price of bitcoin. the price is trading in 570 $ now. but i think this is a temporary down fall. and hope that it will recover itself very soon.

The bitcoin price is around $585 now. I believe the price will trade here for a few more days, then it will go to $600.

Superbitzz

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Quote from: Red-Apple on August 01, 2016, 09:36:31 AM

Quote from: Xester on August 01, 2016, 07:37:52 AM

Based on the market price trend graph, bitcoin has shown signs of price decrease, as of the moment an alarming decrease has occurred and for two days already it slowly showing the falling movement.

Is this the sign that bitcoin will unfortunately going to continue to go down. This seems a bad news but we hope that it will go back.

Will it go up or fall down more.

this is just a small change in bitcoin, the stability has made everybody lazy and it seems like everybody has forgotten that bitcoin used to change $50 in each swing up or down. now it has been stable for a while and changed only in $1-$5 so everybody has forgotten a while back.

i think bitcoin recall his previous trend it awakened the people as there is a big downfall in the price of bitcoin. the price is trading in 570 $ now. but i think this is a temporary down fall. and hope that it will recover itself very soon.

amacar2

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I don't see this as completely new trend as we have also seen similar cup like pattern before, so after this 10% dump we may see steady rise to recover price back to 650$ or even more.

BTCLovingDude

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BTC to the moon is inevitable...

Quote from: Amph on August 01, 2016, 01:32:26 PM

Quote from: NorrisK on August 01, 2016, 10:56:26 AM

Quote from: Amph on August 01, 2016, 09:31:12 AM

it has to do with one thing, that none seems to consider, the fact that altcoin mining is very profitable, and it is added to the halved block reward, another good portion of bitcoin produced per day

altcoin miner are dumping at least 1000 more bitcoin a day added to those that are produced by the bitcoin chain already, which are 1800

this considering that there are 200k gpu that are mining and each one produce 300-500k satoshi per day, in other words there was no halving at all, there is still a dump of 2800+ coins per day...

But those coins are coming from somewhere.. It is not like those bitcoin are produced by altcoin mining. People buying the coins that are dumped during mining need to buy the bitcoin themselves. So it is basically a 1 to 1 exchange of fiat for altcoin with a slight delay in between where coins are bought and sold.

RSI analysis shows that a sale was bound to happen, probably will not go lower than 550-600 usd.

those coin are still exchanged for something that is produced, and it is very profitable, so it's mean that it will be dumped under the price at which those bitcoin were bought, because miners have the upper hand over those buyers that bought those coins that are sold to those altminer

example, a random guy buy at $650 1 bitcoin, he use it to buy a profitable coin, like etheruem, now this mean that a altcoinminer dumped his etheruem for that 1 btc, now he did it at a ratio that it is very profitable for him, so he can dump immediately the 1 bitcoin he acquired

you are missing one important thing, and that is the price of these pairs (BTC-ETH, BTC-USD, ETH-USD)

if the miner wants USD he will dump ETH for USD directly and if he wants BTC he will dump ETH for BTC directly and will keep the BTC.

he will never do ETC > BTC > USD because he will have to pay the fees twice and the prices will always be at a balance that you will never make any profit from this additional step.

at this moment:
ETH/BTC : 0.01741
BTC/USD : 605.89
ETH/USD : 10.56

in other words 1 ETH = 0.01741 =10.54 which is the same value

ynef

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Quote from: facepalm on August 01, 2016, 08:44:11 AM

What do the professional traders say to this decrease?
When do you buy?

Not a professional trader, but as soon as you start seeing new users with little to no activity claiming that bitcoin is dead, it's usually a good indicator to be ready for buying.

severaldetails

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Quote from: hatshepsut93 on August 02, 2016, 01:02:39 AM

Quote from: electronicash on August 01, 2016, 10:31:15 PM

ETC and ETH grabbed investors attention, i guess the rest just move thier money to ETH derivative seeing as these are much better currency and that no one as of now is simply claiming they are scam.

BTC market share is 81% like always, so it's safe to assume that BTC is dumped for fiat. The only question is why?

Even there the explanation could be the eth/etc investors.
Eth and Etc are second and third by market capitalization.
Maybe the volatility of those two coins at the moment scares btc investors away becaus btc is a crypto currency as well.

hatshepsut93

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Quote from: electronicash on August 01, 2016, 10:31:15 PM

ETC and ETH grabbed investors attention, i guess the rest just move thier money to ETH derivative seeing as these are much better currency and that no one as of now is simply claiming they are scam.

BTC market share is 81% like always, so it's safe to assume that BTC is dumped for fiat. The only question is why?

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