BTC at $435. Is it sustainable? - page 9.

Pitchblackroom

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Quote from: Karartma1 on February 20, 2016, 11:29:55 AM

This thread dates back in December: now we're almost in March and we are kind of close to that price. To answer the question no, this price is not sustainable. Especially for miners.

Miners honestly have the problem that their investments may be worthless if they are unable to even pay back the capital. It is a huge risk mining.

Nameless Coin

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Well with the new pump started we can see some nice actions. So yes expect the price to go up for the coming period.
Then you will see the price will go back again.

virtualdn

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Still very cheap and will be cheap even at $500 get aboard folks while you still can

BellaBitBit

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Not sure if it is. The pattern has been erratic lately, I feel like 400 is more of a stable price.

BitcoinHodler

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HODLing is an art, not just a word...

it is going higher and higher for now and nothing seems to slow it down. maybe it is the start of the bubble we were all waiting for.

Karartma1

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This thread dates back in December: now we're almost in March and we are kind of close to that price. To answer the question no, this price is not sustainable. Especially for miners.

apriyoni

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Quote from: buyinbtc on February 19, 2016, 06:05:19 AM

no, not stable for now, it's still dropping/rising each day, wait year or two, will be more stable later

The market capitalisation of Ethereum is still too low. When the market cap becomes 1% of that of gold, it will be more stable.

buyinbtc

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CryptoTalk.Org - Get Paid for every Post!

no, not stable for now, it's still dropping/rising each day, wait year or two, will be more stable later

apriyoni

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Quote from: worhiper_-_ on December 12, 2015, 09:19:42 AM

I just went to sleep and look what I missed! God dammit.

At least I know that my predictions were right, and to be perfectly honest I'm expecting more downward activity, the last threshold for me is Chinese new year. We already saw that there's some strong profit taking from the last day market activities, this won't allow the price to be lead up no matter how bullish some traders are. This is quite a risky time to count on the bullish activity of the market as we haven's seen such price levels in months, play it safe everyone. Wink

You did not miss the price drop. The price is $380 now. So you can buy more and sell high in the future. The price is too unpredictable.

worhiper_-_

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I just went to sleep and look what I missed! God dammit.

At least I know that my predictions were right, and to be perfectly honest I'm expecting more downward activity, the last threshold for me is Chinese new year. We already saw that there's some strong profit taking from the last day market activities, this won't allow the price to be lead up no matter how bullish some traders are. This is quite a risky time to count on the bullish activity of the market as we haven's seen such price levels in months, play it safe everyone. Wink

isvicre

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400$ support is working very good, we don't have any problems in short term.
I'll buy at 400-430 and sell at 470-500. That works in short term too.

tarsua

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Definately not sustainable OP, i think its related to articles circling around the internet about that australian guy being satoshi, i dont expect the price to still be uver 400$ by friday

richardsNY

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I think it will hold. If you look closely, then you see with such a dump, they could have easily dumped the price under $400 on Bitfinex. Instead, it stopped at $402.5 and from that point it started to recover again. The whales that were behind this dump didn't want to let it dive under $400.

extrabyte

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At the moment it is the exact price of bitcoin, i don't think that it is sustainable but everything that goes above 400 should be considered as good.

mobnepal

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Quote from: bearex on December 12, 2015, 05:06:35 AM

It is just a spike just like last month. It will probably go back to $370 in a week or two

why you think it will go that deep? there is no reason to panic, no single negative news so why to sell at low. I think traders have more positive feeling nowadays as despite of large drop today, it rises again within few hours.

bearex

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It is just a spike just like last month. It will probably go back to $370 in a week or two

justspare

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Quote from: apriyoni on December 12, 2015, 04:30:59 AM

The price rose from about $350. I think it is sustainable as the price foundation around $350 is quite solid. It might stay here for a few weeks.

$350 is a very good foundation for Bitcoin's price. But I would really like to see Bitcoin's price rise over $1000. This would be great for me as I bought Bitcoin when it was just $100.

justspare

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It is not sustainable because I believe that the price is going to keep on rising over $500. I really doubt that it is because of the news, it is because the demand of Bitcoin is increasing.

apriyoni

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The price rose from about $350. I think it is sustainable as the price foundation around $350 is quite solid. It might stay here for a few weeks.

Amph

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Quote from: MTBTT on December 11, 2015, 11:36:17 PM

Just dropped to $420. This isn't looking good Undecided

why no, in comaprison with 350, this is a a 14% increase

it's better than good to me, don't look at the last thing that happen, look at the whole picture, look at the progresses that we made since we were at 230

now we are near the 100%, better than this i would not ask....

Topic: BTC at $435. Is it sustainable? - page 9. (Read 10824 times)