Topic: BTC at $435. Is it sustainable? - page 2. (Read 10824 times)

Quote from: thejaytiesto on June 29, 2016, 09:09:28 AM

We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

I think the price consolidation around the current levels is good to absorb some profit taking and preparing for the next price rise.

yeah, the price is really stable at the moment and i think that it is just a wait before a huge growth that is going to happen in the near future because of the halving

the price is not going back to 435 dollar mark any time soon, but i think that the price is going to bounce back really fast, thus allowing me to make a lot of money if i buy right now

Some core team members promised the 2MB block size increase will be implemented in July, so that could boost price.

We have 26 days until the end of July. So the price of bitcoin could rise in the next few weeks at least.

apriyoni

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Quote from: pearnapple on June 29, 2016, 06:52:56 PM

Quote from: thejaytiesto on June 29, 2016, 09:09:28 AM

We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

I think the price consolidation around the current levels is good to absorb some profit taking and preparing for the next price rise.

yeah, the price is really stable at the moment and i think that it is just a wait before a huge growth that is going to happen in the near future because of the halving

the price is not going back to 435 dollar mark any time soon, but i think that the price is going to bounce back really fast, thus allowing me to make a lot of money if i buy right now

Some core team members promised the 2MB block size increase will be implemented in July, so that could boost price.

pearnapple

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Quote from: thejaytiesto on June 29, 2016, 09:09:28 AM

We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

I think the price consolidation around the current levels is good to absorb some profit taking and preparing for the next price rise.

yeah, the price is really stable at the moment and i think that it is just a wait before a huge growth that is going to happen in the near future because of the halving

the price is not going back to 435 dollar mark any time soon, but i think that the price is going to bounce back really fast, thus allowing me to make a lot of money if i buy right now

CryptoBjorn

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Quote from: thejaytiesto on June 29, 2016, 09:09:28 AM

We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

I think the price consolidation around the current levels is good to absorb some profit taking and preparing for the next price rise.

A wise decision, but i still believe there is plenty of room for a small rise juts for the price will stabilize. I do have an exit plan for some of my bitcoins and hope to see buy it back later after some dump. The price has been very volatile so it it's a great way to get in on the money making.

RastoMan

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Quote from: thejaytiesto on June 29, 2016, 09:09:28 AM

We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

I think the price consolidation around the current levels is good to absorb some profit taking and preparing for the next price rise.

thejaytiesto

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We are having a fantastic price consistency of 630-650 range and this is very good news since we are consolidating a new floor. Now everytime we go under 600 there will be a bull rush that will push it up again towards that range. In other words its only up from now on.

parmatiya

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Quote from: Anemed on June 27, 2016, 04:08:46 AM

Quote from: pereira4 on June 24, 2016, 07:49:39 AM

Lovely to look back just weeks ago when people was questioning if 440$ was a sustainable price. Now we are more than 200 dollars above that price after a correction 738 dollars and we are climbing back again. There is an huge BULL TREND that has not stopped for a minute.

I think the current price of $650 is quite sustainable. If the price is too high, say, if it is $800, it is not sustainable.

From the current price action, the price could be between $600 to $700 on 10 July, the halving time for the bitcoin.

Anemed

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Quote from: pereira4 on June 24, 2016, 07:49:39 AM

Lovely to look back just weeks ago when people was questioning if 440$ was a sustainable price. Now we are more than 200 dollars above that price after a correction 738 dollars and we are climbing back again. There is an huge BULL TREND that has not stopped for a minute.

I think the current price of $650 is quite sustainable. If the price is too high, say, if it is $800, it is not sustainable.

pereira4

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Lovely to look back just weeks ago when people was questioning if 440$ was a sustainable price. Now we are more than 200 dollars above that price after a correction 738 dollars and we are climbing back again. There is an huge BULL TREND that has not stopped for a minute.

Bamsed

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Quote from: Batmain on June 22, 2016, 04:23:58 AM

Quote from: parmatiya on June 22, 2016, 01:50:58 AM

Quote from: Barbut on June 21, 2016, 06:59:56 AM

Quote from: parmatiya on June 21, 2016, 01:37:05 AM

Quote from: parmatiya on June 22, 2016, 01:50:58 AM

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

The price is $680 now. It is dropping fast. I am not sure if it is profit taking or there is a bad news about bitcoin.

Perfectly normal thing in times like this. Its a stock market, and we saw how fast price went up, now a bit down, then again up. Fluctuations are just a normal thing.
I don`t think this is something that we need to worry about, people earn huge on this fluctuations, cause of that trading is just gambling, who sold on 750 $ will buy now, or wait a bit more to drop. In moment he will have more coins. Buy low, sell high. That is trading, to know how to predict this things. That is not easy. Of course we can always suspect on some kind of manipulations and to create conspiracy theories about it, in the end that is why information`s worth a lot in this world.

I think there is no need to worry about the price. It has risen a lot in the last months, it needs some correction.

After a few months of consoidation, like it did in the last 6 months, the price will rise to $800 to $900 at least.

the bitcoin price dropped to $550 yesterday, it came back to $680 again. It seems the $550 is a recent bottom.

Batmain

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Quote from: Barbut on June 21, 2016, 06:59:56 AM

Quote from: parmatiya on June 21, 2016, 01:37:05 AM

Quote from: Barbut on June 21, 2016, 06:59:56 AM

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

The price is $680 now. It is dropping fast. I am not sure if it is profit taking or there is a bad news about bitcoin.

Perfectly normal thing in times like this. Its a stock market, and we saw how fast price went up, now a bit down, then again up. Fluctuations are just a normal thing.
I don`t think this is something that we need to worry about, people earn huge on this fluctuations, cause of that trading is just gambling, who sold on 750 $ will buy now, or wait a bit more to drop. In moment he will have more coins. Buy low, sell high. That is trading, to know how to predict this things. That is not easy. Of course we can always suspect on some kind of manipulations and to create conspiracy theories about it, in the end that is why information`s worth a lot in this world.

I think there is no need to worry about the price. It has risen a lot in the last months, it needs some correction.

After a few months of consoidation, like it did in the last 6 months, the price will rise to $800 to $900 at least.

parmatiya

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Quote from: parmatiya on June 21, 2016, 01:37:05 AM

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

The price is $680 now. It is dropping fast. I am not sure if it is profit taking or there is a bad news about bitcoin.

Perfectly normal thing in times like this. Its a stock market, and we saw how fast price went up, now a bit down, then again up. Fluctuations are just a normal thing.
I don`t think this is something that we need to worry about, people earn huge on this fluctuations, cause of that trading is just gambling, who sold on 750 $ will buy now, or wait a bit more to drop. In moment he will have more coins. Buy low, sell high. That is trading, to know how to predict this things. That is not easy. Of course we can always suspect on some kind of manipulations and to create conspiracy theories about it, in the end that is why information`s worth a lot in this world.

I think there is no need to worry about the price. It has risen a lot in the last months, it needs some correction.

Barbut

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Quote from: parmatiya on June 21, 2016, 01:37:05 AM

Quote from: parmatiya on June 21, 2016, 01:37:05 AM

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

The price is $680 now. It is dropping fast. I am not sure if it is profit taking or there is a bad news about bitcoin.

Perfectly normal thing in times like this. Its a stock market, and we saw how fast price went up, now a bit down, then again up. Fluctuations are just a normal thing.
I don`t think this is something that we need to worry about, people earn huge on this fluctuations, cause of that trading is just gambling, who sold on 750 $ will buy now, or wait a bit more to drop. In moment he will have more coins. Buy low, sell high. That is trading, to know how to predict this things. That is not easy. Of course we can always suspect on some kind of manipulations and to create conspiracy theories about it, in the end that is why information`s worth a lot in this world.

apriyoni

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Activity: 308

Merit: 250

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

The price is $680 now. It is dropping fast. I am not sure if it is profit taking or there is a bad news about bitcoin.

parmatiya

full member

Activity: 239

Merit: 250

Quote from: Usuadog on June 17, 2016, 01:02:04 AM

Well for now it is falling back these past hours. There are only two possibility that can happen now. The first one is that bitcoin's price will continue to fall until a fixed price is reached before rise on july, and the second one is that it will rise later.

The bitcoin price dropped some what in the last few hours. But it is still around $700. I expect it to trade within a range.

BreakingSlow

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You can now see that the value of Bitcoin is becoming a higher value and that is perfect for people who already waited a long time so that is really nice.
And of course it is hard to know what will really happen with the value of Bitcoin and that is bad because we want that the value will rise for a long time.

parmatiya

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Quote from: Batmain on June 08, 2016, 02:05:23 AM

Quote from: parmatiya on June 02, 2016, 02:56:37 AM

Quote from: Altcoinsupporter on May 31, 2016, 09:28:28 AM

You see now that the value of the Bitcoin is stable for a long time but now the time will come soon and that the value is going to be more worth and that would be nice of course.
But the bad thing of the Bitcoin is that it can really takes a long time until the value will be more worth so that is really bad and of course there is a time that it is rising.

The bitcoin value or the price was suppressed by the miners selling short the coins when they borrow to buy the miners.

These miners also sold the coins at a fix price, so that their profit is guaranteed, they do not care about future price.

It is very wise for the miners to do that. That is the use of the future trading. I should learn from that.

But if they borrowed the bitcoin to buy the mining equipment, when the bitcoin price rise after, they will make a loss.

When the bitcoin price rises, it is better to buy the bitcoin directly. It is better not to buy the miners to mine.

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Quote from: Batmain on June 08, 2016, 02:05:23 AM

Quote from: parmatiya on June 02, 2016, 02:56:37 AM

Quote from: Altcoinsupporter on May 31, 2016, 09:28:28 AM

You see now that the value of the Bitcoin is stable for a long time but now the time will come soon and that the value is going to be more worth and that would be nice of course.
But the bad thing of the Bitcoin is that it can really takes a long time until the value will be more worth so that is really bad and of course there is a time that it is rising.

The bitcoin value or the price was suppressed by the miners selling short the coins when they borrow to buy the miners.

These miners also sold the coins at a fix price, so that their profit is guaranteed, they do not care about future price.

It is very wise for the miners to do that. That is the use of the future trading. I should learn from that.

But if they borrowed the bitcoin to buy the mining equipment, when the bitcoin price rise after, they will make a loss.

Batmain

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Activity: 151

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Quote from: parmatiya on June 02, 2016, 02:56:37 AM

Quote from: Altcoinsupporter on May 31, 2016, 09:28:28 AM

You see now that the value of the Bitcoin is stable for a long time but now the time will come soon and that the value is going to be more worth and that would be nice of course.
But the bad thing of the Bitcoin is that it can really takes a long time until the value will be more worth so that is really bad and of course there is a time that it is rising.

The bitcoin value or the price was suppressed by the miners selling short the coins when they borrow to buy the miners.

These miners also sold the coins at a fix price, so that their profit is guaranteed, they do not care about future price.

It is very wise for the miners to do that. That is the use of the future trading. I should learn from that.

parmatiya

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