BTC at $435. Is it sustainable? - page 8.

uki

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Quote from: uki on February 21, 2016, 03:43:18 AM

Quote from: Mr. Big on February 21, 2016, 03:40:57 AM

that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again..

we still have to re-test $415-420 support to claim it is stable. Let's wait until this short pump runs out of steam and a correction start to see where we are and what are current support levels.

and here comes the test I was talking about. For now it looks like $415 is a solid support (previously resistance). If the correction finishes here, then we can say we have a new solid bottom at $415 (previously $350).

apriyoni

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Quote from: cooldgamer on February 23, 2016, 04:37:27 AM

Quote from: The Sceptical Chymist on February 23, 2016, 12:10:15 AM

Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now..

I think the $430 is the reasonable price for the current stage of bitcoin. So the price will stay here for some time.

phreaky

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Quote from: The Sceptical Chymist on February 23, 2016, 12:10:15 AM

Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

You are right I hope the bitcoin will worth more in a month and than be sustainable, I think its possible but we will need wait for it because its not to predict.
I think the price can go even higher to the range of the 500 dollar and than be sustainable but we will have to be patient and see it by yourself.

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Quote from: The Sceptical Chymist on February 23, 2016, 12:10:15 AM

Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

Well we went crashing through that pricepoint... too early to tell if it's a correction or the begging of an actual crash, but we're certainly not stable in the above 430 area right now..

The Sceptical Chymist

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Well we're holding on to $440 or so, but I don't know where we're headed. Hopefully not only will $435 be sustainable (I know this thread is a few months old), but we'll go significantly higher than that.

Herbert2020

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the >$400 price was not sustainable by the start of this topic but i think this time price is more stable above $400 line and is not going to go down unless something happens out of the blue that causes the price to crash!

Pattart

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price moves in between $430 to $447 I thought it would continue and probably prices will slowly rise

techgeek

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As long it stays mid high $400`s. I think its okay for most, unless youre some whale depending on a couple more price movements.

Its sustainable in my eyes as long its not zero.. Cheesy

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As long as the block size debate can reach conclusion, IMO it'll be sustainable at $435. The question is how high can it go.

cooldgamer

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Quote from: apriyoni on February 22, 2016, 03:31:32 PM

Quote from: coinblast on February 21, 2016, 11:20:03 AM

in the past 5 months it almost doubled and now its stable. idk if it will be halved in the summer,

I think the price of bitcoin will not reduce to $300 any more. More people know about bitcoin now.

The most people we had thinking about Bitcoin was during the great bubble to $1k+, it's not a matter of awareness. It boils down to the news that's happening in the crypto atmosphere, what China intends on doing, and the general sentiment of both the community and outsiders that may invest.

traderbit

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Since it has just reached $435 i don't think it is sustainable as long as it will not take a month to be sustainable, i hope it will reach $500 soon.

apriyoni

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Quote from: coinblast on February 21, 2016, 11:20:03 AM

in the past 5 months it almost doubled and now its stable. idk if it will be halved in the summer,

I think the price of bitcoin will not reduce to $300 any more. More people know about bitcoin now.

Cynocephalus

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Amazing price is 435$ and is sustainable. Shocked

Who would tell?
What can we expect now?

wry

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Once the news shifts from the block size and potential forking, assuming that gets locked down, and shifts to the block reward reduction coming this summer I think not only will this level be sustained but we may even move higher.

coinblast

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in the past 5 months it almost doubled and now its stable. idk if it will be halved in the summer,

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now the answer is yes, it is because bitcoin has begun to develop and be recognized communities, and institutions of the world. such as the IMO, may rise in bitcoin will continue until the price of $ 500

apriyoni

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Quote from: Cynocephalus on February 20, 2016, 03:51:32 PM

Miners are not those who are frightens me.
Whales could finish this weekend with good dump till 400?

The price is still aruond $420. So there is no big worries. I think the price from $380 to $450 is the normal trading range.

uki

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Quote from: Mr. Big on February 21, 2016, 03:40:57 AM

that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again..

we still have to re-test $415-420 support to claim it is stable. Let's wait until this short pump runs out of steam and a correction start to see where we are and what are current support levels.

Mr. Big

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While my guitar gently weeps!!!

that was last December... on todays price, i think if we stay at $440 we might end up stable at around $430 or up... it seems that bitcoin is moving unpredictable again..

Cynocephalus

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Miners are not those who are frightens me.
Whales could finish this weekend with good dump till 400?

Topic: BTC at $435. Is it sustainable? - page 8. (Read 10827 times)