Dangerous price area | Bitcointalksearch.org

TheUltraElite

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Quote from: Fatunad on October 04, 2018, 03:40:23 PM

People do only focus out on price increase without even realizing or making theirselves prepare on price decrease.

Thats the young blood who wants to get into the bitcoin badwagon before its too late and takes off. Basically the get-rich-quick people who dont understand or try to understand the technology and ideology behind bitcoin and its usage. Even if prices drop this does not mean a coin is dead but they fail to understand it.

Quote from: worldofcoins on October 04, 2018, 05:54:09 PM

It seems to me that we are now experiencing a buffer zone for the coin market prices. Also, its possible the price will go up soon to fulfil the expectation in a way but not as high as it did last year.

Its recovery but it has been playing around the same price level for some period of time. We see the small uptrends and then downtrends. Most of them are not crossing the 6500$-6700$. Means there is support but their also resistance to cross this level. The touching of 7k$ will take a hell lot of time if this trend continues for a few more weeks.

worldofcoins

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It seems to me that we are now experiencing a buffer zone for the coin market prices. Also, its possible the price will go up soon to fulfil the expectation in a way but not as high as it did last year.

Fatunad

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Quote from: TheUltraElite on October 03, 2018, 06:04:10 AM

Quote from: mabell943 on September 30, 2018, 11:12:28 AM

I think the dangerous price is when the market value is decreases lower than fifty percent.
Because from this it is very alarming most especially when it happens very quickly. We should be alarm from this and be alert in order not to suffer in huge loss which is a big nightmare for all of us.

That would be a dangerous indicator and not a dangerous price. A 50% loss in price would mean a huge amount of market capitalization being dumped and cashed out. It would only mean that some big whale or a bunch of whales have sieved off their money from the market and moving it elsewhere. You might also see this if some news is made - but that news would be having a huge impact and thats tough to think of.

In any of these cases its not possible that the price will remain low. It will be a good point of entry for some people and they will buy in. When someone sells another person buy. Thats how the market works.

People do only focus out on price increase without even realizing or making theirselves prepare on price decrease.They do focus too much and now they are saying things about dangerous price which we know that price percentage decrease too deep is rather a dangerous indicator instead but still we cant do anything about it yet no one can able to stop the market or into those sellers who do secure out their funds specially on bigger players but as we all know bitcoin wont die to early for sure.

bummm

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i think it will break at 6k. but anyway it's will green again. too hard to die.

I hope, Bitcoin will never fall lower than 6 thousand because IF it happens, the rolling down can go on. I guess that BTC price should be only gaining in future.

TheUltraElite

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Quote from: mabell943 on September 30, 2018, 11:12:28 AM

I think the dangerous price is when the market value is decreases lower than fifty percent.
Because from this it is very alarming most especially when it happens very quickly. We should be alarm from this and be alert in order not to suffer in huge loss which is a big nightmare for all of us.

That would be a dangerous indicator and not a dangerous price. A 50% loss in price would mean a huge amount of market capitalization being dumped and cashed out. It would only mean that some big whale or a bunch of whales have sieved off their money from the market and moving it elsewhere. You might also see this if some news is made - but that news would be having a huge impact and thats tough to think of.

In any of these cases its not possible that the price will remain low. It will be a good point of entry for some people and they will buy in. When someone sells another person buy. Thats how the market works.

wuvdoll

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Quote from: Taki on September 26, 2018, 12:13:40 PM

As we can see through all this months bitcoin cannot break 6800$ point. But the day it will happen I do not see any special reasons to affect on mining, because of even 20000 $ point didn't make anything special with that area of crypto business.

How many months have you seen bitcoin breaking the $6800 point? Grin

That was just recently and the only thing we have tested severally now for a very long time is the $5800 - $6000 support which I believe even though has been holding does not mean we still cannot get the possibility of it being driven down hard if it breaks lower. Being in a dangerous area is more like saying we are in an indecisive area with the market trying to find a direction and at this point, it is always risky trading the market without some tight stop loss as the case may be.

Quote from: Maddinson100 on October 01, 2018, 05:57:24 AM

it all depends on the way each individual may want to look at it, but for someone going long, they can always decide to go in at any point.

Yes, these dangerous zones are only for short term players and as you just mentioned I never worry about the bitcoin's current range bounded trading. I hope it will break these dangerous price area and will go up. It is October and we may expect something new from now onward.

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Quote from: Maddinson100 on October 01, 2018, 05:57:24 AM

Quote from: Globalbitcoinl on September 24, 2018, 02:21:44 AM

it is impossible to say for sure that this level is strong or weak, because we have seen many times how bitcoin grew without stopping after a long correction

We are currently in an indecisive state at the moment and nothing really can be known yet as to how the market would end up tending in the long run. For now, all we can do is to just watch and see how things would be within this area before even deciding to make any serious market move at all and anything done within this range will be risky. However, it all depends on the way each individual may want to look at it, but for someone going long, they can always decide to go in at any point.

every trader has a different style of trading, at a time like this what i do is keep calm and hold for long term. we can see it looks like a new market is coming out of an alarming zone. and now we can see prices rising again

Maddinson100

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Quote from: Globalbitcoinl on September 24, 2018, 02:21:44 AM

it is impossible to say for sure that this level is strong or weak, because we have seen many times how bitcoin grew without stopping after a long correction

We are currently in an indecisive state at the moment and nothing really can be known yet as to how the market would end up tending in the long run. For now, all we can do is to just watch and see how things would be within this area before even deciding to make any serious market move at all and anything done within this range will be risky. However, it all depends on the way each individual may want to look at it, but for someone going long, they can always decide to go in at any point.

mabell943

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I think the dangerous price is when the market value is decreases lower than fifty percent.
Because from this it is very alarming most especially when it happens very quickly. We should be alarm from this and be alert in order not to suffer in huge loss which is a big nightmare for all of us.

justspare

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Quote from: prihojantsev on September 26, 2018, 04:15:27 PM

All the time when bitcoin falls in price there are people who exchange it to another cryptocurrencies or fiat. As soon as the price fall to the right level there are those who see an opportunity to earn and invest in bitcoin. As soon as bitcoin rise, those who have sold bitcoin, invest in it again after which bitcoin falls in price again. It is trading, one's man loss is another man's gain. It can't happen that the price falls without any reason.

That is always the idea that comes with trading and though not everyone can do and some cannot even do it right, there are so many people making use of the knowledge to increase their positions in the long run. So far, the possibility of the market going up or down is still very much there and there is nothing we can really do now than to just chill and wait to see how events would unfold in the long run.

Nothing is guaranteed, and for those who may want to go long, that would be a hard decision to make now, when the market could still be hit by the bears. We may have had $6k holding for a while, but when tested again, which is bound to happen as long as we are still inside a descending triangle, we can end up breaking down lower.

BitcoinTurk

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Quote from: KMattox on June 16, 2018, 09:38:26 PM

hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???

I think that any level of analysis that can be made due to the current period is risky. Especially in recent days, we can see that there is a constant activity, and that this activity is within certain levels. Of course, it will not be very accurate to determine a new level based on these movements, but we can easily analyze the new psychological and technical supports. Although I don't trust this analysis, I think it's a good thing for the investor to get an idea.

suzanne5223

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Quote from: rickadone on September 28, 2018, 10:07:02 AM

Quote from: gtglener on September 26, 2018, 04:25:01 AM

Quote from: Tigorss on September 21, 2018, 10:54:42 AM

bitcoin prices have not been experienced lately, there is the price that is most feared is the price reaches the lower level until 6k or more this is what many people fear, we hope that with prices like this is not achieved.

The lower area is most fearful for those who have already invested here in the Bitcoin will be more worried about it. On the other hand new investors will find it heaven to invest freely without any high cost rates as it is well available and affordable on low price.

This cheap price availability made it favorable for new investors and I think that we should not get late because the price has started to increase from yesterday.

If everyone can always consider themselves as a free investor when the market is down like this, I can believe they would not have any course not to enjoy the benefit of the market in the long run. If there gets to be a real demand for bitcoin all these possible manipulations will stop and of course, no whale will want to get burned in such occasions. For now, looking at the way things are, we can say for the short term, we may have reached a bottom, but at the same time, nothing is still guaranteed yet until we have a clear breakout to a direction which is where my sentiment will either change to bullish or remain bearish.

Yes, the market is still unclear but one thing is certain base on the market fundamental price movement which usually occur every Q4 and the thing is that the market is yet to reach the bottom price cause there will be dump in price at the end of December.

ShadowBits

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Quote from: KMattox on June 16, 2018, 09:38:26 PM

hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???

If it does happen then maybe some people will have a good way to have a good solution for that. But I know that Bitcoin is really going to be bullish in any moment now since its price is not getting lower at 6k levels below anymore.

rickadone

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Quote from: gtglener on September 26, 2018, 04:25:01 AM

Quote from: Tigorss on September 21, 2018, 10:54:42 AM

bitcoin prices have not been experienced lately, there is the price that is most feared is the price reaches the lower level until 6k or more this is what many people fear, we hope that with prices like this is not achieved.

The lower area is most fearful for those who have already invested here in the Bitcoin will be more worried about it. On the other hand new investors will find it heaven to invest freely without any high cost rates as it is well available and affordable on low price.

This cheap price availability made it favorable for new investors and I think that we should not get late because the price has started to increase from yesterday.

If everyone can always consider themselves as a free investor when the market is down like this, I can believe they would not have any course not to enjoy the benefit of the market in the long run. If there gets to be a real demand for bitcoin all these possible manipulations will stop and of course, no whale will want to get burned in such occasions. For now, looking at the way things are, we can say for the short term, we may have reached a bottom, but at the same time, nothing is still guaranteed yet until we have a clear breakout to a direction which is where my sentiment will either change to bullish or remain bearish.

sana54210

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Quote from: iv4n on September 24, 2018, 03:05:58 AM

Quote from: DaughterOFbitcoin on September 24, 2018, 02:27:06 AM

Quote from: changxia on September 18, 2018, 05:15:27 AM

You don't have to worry about the price of Bitcoin, although it has now fallen below $6300, but it will rebound soon because the whales won't let Bitcoin fall below $6000.

In these days the price of bitcoin is almost constant and there is n big bump and dump in the price. I do not worry about the price of bitcoin but when you invest in something you will want to earn some money but if there are no signs of increasing value then definitely you will be disappointed and may withdraw your money from such place. Bitcoin is the same for all investors these days.

Not days, it's like that for months already. We touched bottom long time ago, from March this year price is holding pretty good, we had few spikes, traders had chances to earn from that, holders are calm price have good stronghold. What I read here on forum is crazy, why would anyone be disappointed if price don't rise a lot, that will not happen over night, we need to wait a long time, for years maybe to see huge price rise. I think that will happen for couple years only, until that moment price will maybe go to 10k dollars, but big maybe, I think we will have this price between 6 and 7 thousand dollars, with occasionally spikes and dips, who spot them will have chance to earn something, for others its good to prepare for long waiting.

No one is certain yet if we have touched bottom or if we still have more room to go down, but from all indications and for the several bounce within the $6k region, we could say bottom has been reached for the mean time, but that does not mean we could still see some other movement that would say otherwise later on in the future.

Sure, at this stage when the market is tending to move sideways and most especially within a descending triangle, it is normal to be very careful of placing any position in the market based on how the market could rapidly react on breakout to any level, so unless you know how to play your cards well, stages like this are always dangerous to trade without using a tight stop loss.

TheUltraElite

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Quote from: Ganbound on September 27, 2018, 07:08:18 AM

For a market that can be manipulated at times, with no regulation in place, I would be very careful not to focus so much on order books as whales sometimes can use it as a way to deceive people into believing what they want them to believe based on order volume, but in the real sense, that order can be removed at any point in time and before you know it, you can see price dropping lower.

Thats the problem with buying coins from exchanges. You can see buy-sell walls but you wont be able to trust them fully. Majority of the bots on Binance and others have ruined the experience of trading for retail investors and hobbyist traders. Still there is till date no specific countermeasure to prevent this. But by some technical analysis it is becomes known that bitcoin wont drop below 6k unless some huge dump takes place - even if that happens it wont be for long that whales will buy them back.

Quote

Sure, it is definite that this is a highly speculative market and nothing can be done to be able to stop it at this point in time, except to just monitor trend and be able to make adjustments as fast as possible.

Just buy low and sell high. Keep track of what you are doing and watch the market. Thats all a normal human can do to gather profits off their portfolio.

Ganbound

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Quote from: TheUltraElite on September 25, 2018, 05:45:10 AM

Quote from: Globalbitcoinl on September 24, 2018, 02:21:44 AM

it is impossible to say for sure that this level is strong or weak, because we have seen many times how bitcoin grew without stopping after a long correction

See the easy way to decide whether a certain point is strong or weak is to check the orderbook for the trades around that price. If you see bitcoin has a large support level at the 6000k USD mark and at 6100 - 6200 USD marks. This means that even if the market is bearish it will not drop easily before someone dumps huge amounts to break that wall. But things can get really messy at times since trading is highly speculative and idiots are full of nonsense BS in every social media.

I wont say its impossible but you can make calculated guesses at these points on how to place orders.

For a market that can be manipulated at times, with no regulation in place, I would be very careful not to focus so much on order books as whales sometimes can use it as a way to deceive people into believing what they want them to believe based on order volume, but in the real sense, that order can be removed at any point in time and before you know it, you can see price dropping lower.

Sure, it is definite that this is a highly speculative market and nothing can be done to be able to stop it at this point in time, except to just monitor trend and be able to make adjustments as fast as possible.

AdamRay

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Quote from: KMattox on June 16, 2018, 09:38:26 PM

hey guys, Bitcoin is moving really dangerously to 6000/62000 price level.
If we break this level most of mining farms have to stop mining or continue to produce at loss...
this would be a really nefarious scenario!!!
who thinks Bitcoin will break psychological 6k level? what could happen then? any opinion or analysis???

I think it will happen soon in Q4 because that's the shark's plan. They want to make the traders run away. I have always believed that this year was a bad year for Crypto and always advised traders to stop to look at the market.

TheUltraElite

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Quote from: Dr.Osh on September 26, 2018, 05:08:51 AM

for price issues, I don't know. we don't know when prices get worse, and we don't know what limits.

If you dont know then why are you commenting like this? Undecided

Its better for others to speak than increase your post count - isnt it?

Quote from: Wall_Streeet on September 26, 2018, 12:10:41 PM

bitcoin farms will be able to produce bitcoin further if the complexity decreases and there is an increase in the reward for the block, so everything is dictated by the market.

Block rewards dont increase. Learn about the system before you comment. Halving occur at certain intervals and the block rewards always keep decreasing by half of its last value once a halving is done.

prihojantsev

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All the time when bitcoin falls in price there are people who exchange it to another cryptocurrencies or fiat. As soon as the price fall to the right level there are those who see an opportunity to earn and invest in bitcoin. As soon as bitcoin rise, those who have sold bitcoin, invest in it again after which bitcoin falls in price again. It is trading, one's man loss is another man's gain. It can't happen that the price falls without any reason.

Topic: Dangerous price area (Read 1895 times)