Crossed 500 USD - Bull Market returns ? - page 8.

boumalo

legendary

Activity: 1890

Merit: 1018

Quote from: chovy on July 27, 2014, 04:26:09 PM

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

You are right but it is a bit weird since if people want to buy they should think the price is low at the moment

If we cross 500USD again it will be the return of a severe bear market

chovy

newbie

Activity: 51

Merit: 0

A lot of people are waiting for price drop to buy. Even my coworker who was anti-bitcoin, claiming its a ponzi scheme is now waiting for $400 to buy in.

rohnearner

sr. member

Activity: 350

Merit: 252

REAL-EYES || REAL-IZE || REAL-LIES||

Quote from: Soappa on July 27, 2014, 10:22:30 AM

I don't really understand all these technical analysis stuff. Are there any sites or books about TA you could recommend?

If you are just looking for particular terms better just google it instead of spending $$ buying some book , anyways doesn't matter how good an analytic you are its not possible to predict the price of bitcoin with more than 65-70% accuracy, One of the best economist last year predicted that bitcoin will plummet to 10$ by the end of 1st half of 2014 :p

nicepumper

newbie

Activity: 56

Merit: 0

Imma wait for 400's.

Soappa

hero member

Activity: 569

Merit: 500

Quote from: CEG5952 on July 27, 2014, 08:06:14 AM

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

No worries. Strong support at the $590 level. 100 day EMA, 38.2% retracement of the May rally, 78.6% retracement of the most recent rally. Then very strong support at the $560 level as well.

I don't really understand all these technical analysis stuff. Are there any sites or books about TA you could recommend?

NapoleonBonaparte

full member

Activity: 176

Merit: 100

Bitcoin price always move in ZIG ZAG manner. You just need to have the courage to buy and hold when the price crashed and sell when it go up many folds in short time period.

CEG5952

hero member

Activity: 658

Merit: 500

Buy and sell bitcoins,

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

No worries. Strong support at the $590 level. 100 day EMA, 38.2% retracement of the May rally, 78.6% retracement of the most recent rally. Then very strong support at the $560 level as well.

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: Possum577 on July 26, 2014, 12:45:06 PM

Corrections are healthy!

More merchants accepting BTC will lead to greater liquidation (from those merchants) in the short term but the improvement in awareness among customers and adoption by other big merchants will grow the market.

The problem is the balance between investment and medium exchange, the latter won't lead to higher prices and IS the primary objective of the currency.

Primary objective is to be a medium of exchange which will not be subject to inflation.

After large scale adoption, hopefully prices will be stable.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Corrections are healthy!

More merchants accepting BTC will lead to greater liquidation (from those merchants) in the short term but the improvement in awareness among customers and adoption by other big merchants will grow the market.

The problem is the balance between investment and medium exchange, the latter won't lead to higher prices and IS the primary objective of the currency.

Chemistry1988

legendary

Activity: 1120

Merit: 1000

Quote from: minerpumpkin on July 26, 2014, 11:09:54 AM

Quote from: Simon8x on July 26, 2014, 10:00:12 AM

Quote from: jodybay on July 26, 2014, 05:11:43 AM

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

Everybody currently sticks to that explanation. But if it should really turn out to be true it is a very good sign in the mid- to long-term as it will increase the exposure of Bitcoin dramatically!

We won't know if that is really the case, unless companies like Dell come out and tell us they have done a lot bitcoin sales (like what TigerDirect did).

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: Simon8x on July 26, 2014, 10:00:12 AM

Quote from: jodybay on July 26, 2014, 05:11:43 AM

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

Everybody currently sticks to that explanation. But if it should really turn out to be true it is a very good sign in the mid- to long-term as it will increase the exposure of Bitcoin dramatically!

Simon8x

hero member

Activity: 568

Merit: 500

Quote from: jodybay on July 26, 2014, 05:11:43 AM

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

We have a few big merchants accepting bitcoin recently, and maybe they are having loads of bitcoin sales (and they sell them immediately with Bitpay or Coinbase)...

valvalis

hero member

Activity: 784

Merit: 500

DeFixy.com - The future of Decentralization

Woah I hope this year or early 2015 BTC will be $2K Tongue

jodybay

sr. member

Activity: 266

Merit: 250

if you want something do something!!!

Quote from: faiza1990 on July 26, 2014, 04:46:15 AM

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

i hope not
i am thinking that august will be a bad month for us or does anyone of you guys know what is the possible cause of this?

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: jodybay on July 26, 2014, 03:36:28 AM

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Now already going more down and now touching 589 and as its going I fear it will go more down

jodybay

sr. member

Activity: 266

Merit: 250

if you want something do something!!!

595 on bitstamp?? what the fuck is going on now? the last day we are on 600+ save those altcoins in the future and let btc regain its price to the highest point
well im just sad

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Any update on this chart? And do any versions exist for other coins?

polynesia

legendary

Activity: 1358

Merit: 1000

Quote from: wasserman99 on July 19, 2014, 05:08:46 AM

Well, there's still more SR coins. DPR's stash. And that's a much bigger stash, too. I suspect when it is announced that those coins will be auctioned off, that there will be a similar push down on the market (and then, similarly, recovery).

Tim Draper will be readying his war chest. Grin

boumalo

legendary

Activity: 1890

Merit: 1018

Quote from: BitCoinDream on July 18, 2014, 02:06:54 PM

Quote from: yunkie on July 18, 2014, 01:21:17 PM

Quote from: deadwood on July 02, 2014, 06:00:50 AM

Honestly asking, why wouldn't the government be able to move the bitcoins? Who cares that they used to belong to the Silk Road? I mean, they auction off confiscated cars and goods all the time, don't they?

What am I not understanding here?

They are hodling Grin

The SR coins u r talking about have already been auctioned off.

There is still markets forces to keep the price sub 700$ apparently but eventually we will rise up to thousands of dollars per BTC then more; maybe in a few months but probably in a bit more time

wasserman99

sr. member

Activity: 476

Merit: 250

Quote from: Mobius7 on July 19, 2014, 05:06:31 AM

Exactly. Tim Draper won the auction and got all the bitcoin. http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/

Well, there's still more SR coins. DPR's stash. And that's a much bigger stash, too. I suspect when it is announced that those coins will be auctioned off, that there will be a similar push down on the market (and then, similarly, recovery).

Topic: Crossed 500 USD - Bull Market returns ? - page 8. (Read 22520 times)