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Topic: Bottom (Read 1810 times)

full member
Activity: 126
Merit: 100
January 04, 2015, 01:33:00 PM
#24
we've had 250 today and this looks faking up at minute
when btce is the high price you know theres fakery
We haven't quite hit 250 yet but it appears that we will probably hit it soon. Now that we have breached the $300 mark I would speculate the price will drop another $30-$40 at the very least before it stabilizes
sr. member
Activity: 364
Merit: 250
January 04, 2015, 11:03:36 AM
#23
10$ is the bottom Tongue
newbie
Activity: 22
Merit: 0
January 04, 2015, 10:56:06 AM
#22
A bit strange seeing BTC-e higher than the rest...
legendary
Activity: 2170
Merit: 1094
January 04, 2015, 10:54:20 AM
#21
There should have been options below 200$ in the poll, for the bearish scenario. Which way the market will go should become clear about a week from now.
legendary
Activity: 1061
Merit: 1001
January 04, 2015, 10:52:05 AM
#20
we've had 250 today and this looks faking up at minute
when btce is the high price you know theres fakery
sr. member
Activity: 364
Merit: 250
January 04, 2015, 09:59:37 AM
#19
Looking forward for 1$... new wave of early adopters incoming  Roll Eyes
hero member
Activity: 603
Merit: 500
January 04, 2015, 09:58:28 AM
#18
$200...
newbie
Activity: 22
Merit: 0
January 04, 2015, 09:50:56 AM
#17
250
legendary
Activity: 2186
Merit: 1213
January 04, 2015, 08:01:55 AM
#16
I wish I had some fiat on my account now  Cry
member
Activity: 74
Merit: 10
January 04, 2015, 06:45:51 AM
#15
It is not even bouncing back off the low of today.

No, it has. The low was $277.

How do you know for certain?

Are you serious? He is not certain he is pulling that out of his delusional ass.
sr. member
Activity: 296
Merit: 250
January 04, 2015, 06:39:15 AM
#14
It is not even bouncing back off the low of today.

No, it has. The low was $277.

How do you know for certain?
legendary
Activity: 1762
Merit: 1011
January 04, 2015, 04:12:24 AM
#13
It is not even bouncing back off the low of today.

No, it has. The low was $277.
µ
newbie
Activity: 53
Merit: 0
January 04, 2015, 01:48:15 AM
#12
220$ then back up again.
Q7
sr. member
Activity: 448
Merit: 250
January 04, 2015, 01:44:34 AM
#11
Seriously if only I knew the answer to this question. And because I can't predict, I'm putting my bet to gradually buy a small amount in every drop. I did made a post saying that I placed my buy order at 280 and it has been executed since and my next target to buy again is when it goes to 250.
sr. member
Activity: 479
Merit: 500
January 04, 2015, 01:39:38 AM
#10
everything is little more than a shot in the dark from current price point. this down trend could continue for some time. my guess at a temporary bottom is $190-210. that may, in time, become a permanent bottom, but if we can't establish a new up trend from there, then maybe $120-140....$70-80.... like i said, shots in the dark.
newbie
Activity: 56
Merit: 0
January 04, 2015, 01:35:04 AM
#9
Here's the thing, I've been a bear for the duration of 2014, but I don't think too many people are willing to sell below 275.  So looks like 250 is probably the absolute bottom if it does reach there, at least for the 1st quarter of 2015.

Below $275, it would be not profitable to mine the BTC. Below $275, it is better for miners to buy and store BTC.

Not to mention that the short squeeze can be lucrative for the whales. I don't think the whales are that stubborn, because profit is profit no matter it is from the bull side or the bear side.

Miners will mine at whatever price since hardware costs are already sunk costs - the only limiting factor is power but some like me run solar panels on my roof and since its all paid for already upfront, my day to day power cost is basically 0. However I'm not a seller. I hodl my mined coins

You are the so-called strong hands.  Grin Grin Grin The gathering of guys like you will definitely change the market dynamics and squeeze the bears to death.
full member
Activity: 167
Merit: 100
January 04, 2015, 01:26:53 AM
#8
Here's the thing, I've been a bear for the duration of 2014, but I don't think too many people are willing to sell below 275.  So looks like 250 is probably the absolute bottom if it does reach there, at least for the 1st quarter of 2015.

Below $275, it would be not profitable to mine the BTC. Below $275, it is better for miners to buy and store BTC.

Not to mention that the short squeeze can be lucrative for the whales. I don't think the whales are that stubborn, because profit is profit no matter it is from the bull side or the bear side.

Miners will mine at whatever price since hardware costs are already sunk costs - the only limiting factor is power but some like me run solar panels on my roof and since its all paid for already upfront, my day to day power cost is basically 0. However I'm not a seller. I hodl my mined coins
newbie
Activity: 56
Merit: 0
January 04, 2015, 01:23:36 AM
#7
Here's the thing, I've been a bear for the duration of 2014, but I don't think too many people are willing to sell below 275.  So looks like 250 is probably the absolute bottom if it does reach there, at least for the 1st quarter of 2015.

Below $275, it would be not profitable to mine the BTC. Below $275, it is better for miners to buy and store BTC.

Not to mention that the short squeeze can be lucrative for the whales. I don't think the whales are that stubborn, because profit is profit no matter it is from the bull side or the bear side.
hero member
Activity: 784
Merit: 512
January 04, 2015, 01:18:05 AM
#6
Yes, $260 would be nice.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
January 03, 2015, 10:39:47 PM
#5
$152
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