DOWN WE GO - Market is unstable. It will crash around halving day. - page 2.

trickshot22

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Quote from: dumpida on July 25, 2016, 09:38:58 AM

Quote from: Shiroslullaby on July 23, 2016, 08:53:50 PM

I got scared on Friday when I saw the price going below $650 and almost started selling my coins.
But I held out and I'm going to hope that the price goes up towards $700.
I think BTC can get to a higher price in the future but who knows.
Maybe I'm wasting my money and should just be putting it in the bank or towards stocks/ bonds. Roll Eyes

The $650 is the centre of the recent trading range between $600 to $700. So there is no need to worry.

yeah, im not worried about the bitcoin price at all, i just know that we are hgoing to see the new heights pretty soon, the only question is when the new all time high be reached

Bokelka

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Activity: 242

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Quote from: ask on July 30, 2016, 11:36:39 PM

Titanic is sinking now...

Do you mean the bitcoin price dropped from $650 to $620? That is just 5% price drop, very normal for bitcoin.

ask

legendary

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Titanic is sinking now...

Bokelka

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Activity: 242

Merit: 250

Quote from: Yakamoto on July 27, 2016, 02:25:10 PM

Quote from: CryptoBjorn on July 27, 2016, 02:20:30 PM

Quote from: ask on July 27, 2016, 05:59:02 AM

It is time to drop below $600. August is dead month for trading...

Most financial markets are silent or without any action. It's normal.
When September arrives i am looking forward which trend will continue, the uptrend from 450 dollar or the downtrend from 770 dollar to 350.

In a few weeks we will find out.

I highly doubt that the value will go on a downward trend back to $350, but it is possible. I just don't think that'll happen because of the halving having pushed up the value of Bitcoin considerably. Maybe we could see mid $500s, but I doubt it would go much lower than that. If it starts to go lower than that for a considerable period of time some miners might have to shut down, and I hope that doesn't happen.

I do not think the price will go down to below $500 level. The mass adoption will support the current price.

Yakamoto

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Activity: 1218

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Quote from: CryptoBjorn on July 27, 2016, 02:20:30 PM

Quote from: ask on July 27, 2016, 05:59:02 AM

It is time to drop below $600. August is dead month for trading...

Most financial markets are silent or without any action. It's normal.
When September arrives i am looking forward which trend will continue, the uptrend from 450 dollar or the downtrend from 770 dollar to 350.

In a few weeks we will find out.

I highly doubt that the value will go on a downward trend back to $350, but it is possible. I just don't think that'll happen because of the halving having pushed up the value of Bitcoin considerably. Maybe we could see mid $500s, but I doubt it would go much lower than that. If it starts to go lower than that for a considerable period of time some miners might have to shut down, and I hope that doesn't happen.

CryptoBjorn

hero member

Activity: 714

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Quote from: ask on July 27, 2016, 05:59:02 AM

It is time to drop below $600. August is dead month for trading...

Most financial markets are silent or without any action. It's normal.
When September arrives i am looking forward which trend will continue, the uptrend from 450 dollar or the downtrend from 770 dollar to 350.

In a few weeks we will find out.

Maesters1-

sr. member

Activity: 252

Merit: 250

yes it was expected by the people that after or just before the halving the price of bitcoin will drop to such a low level. but we can see that the result was totally changed. the price of bitcoin remain the stable not fell down instead it increase to some extent and still it is expected that the price will cross 1000$ at the end of this year.

ask

legendary

Activity: 1386

Merit: 1004

It is time to drop below $600. August is dead month for trading...

Ditonlin

newbie

Activity: 15

Merit: 0

Quote from: dumpida on July 25, 2016, 09:38:58 AM

Quote from: Shiroslullaby on July 23, 2016, 08:53:50 PM

I got scared on Friday when I saw the price going below $650 and almost started selling my coins.
But I held out and I'm going to hope that the price goes up towards $700.
I think BTC can get to a higher price in the future but who knows.
Maybe I'm wasting my money and should just be putting it in the bank or towards stocks/ bonds. Roll Eyes

The $650 is the centre of the recent trading range between $600 to $700. So there is no need to worry.

I think the current price stability is very good. It give some people plenty of time to accumulate enough bitcoin.

dumpida

hero member

Activity: 722

Merit: 500

Quote from: Shiroslullaby on July 23, 2016, 08:53:50 PM

I got scared on Friday when I saw the price going below $650 and almost started selling my coins.
But I held out and I'm going to hope that the price goes up towards $700.
I think BTC can get to a higher price in the future but who knows.
Maybe I'm wasting my money and should just be putting it in the bank or towards stocks/ bonds. Roll Eyes

The $650 is the centre of the recent trading range between $600 to $700. So there is no need to worry.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

I got scared on Friday when I saw the price going below $650 and almost started selling my coins.
But I held out and I'm going to hope that the price goes up towards $700.
I think BTC can get to a higher price in the future but who knows.
Maybe I'm wasting my money and should just be putting it in the bank or towards stocks/ bonds. Roll Eyes

buyinbtc

legendary

Activity: 1008

Merit: 1010

CryptoTalk.Org - Get Paid for every Post!

Quote from: ask on July 23, 2016, 03:24:35 PM

Unfortunately I closed shorts too soon. It will go down...

the price is definitely not going to go down any time soon in my opinion because a lot of people are still willing to buy bitcoins and make a lot of easy money with it

wikenpp

hero member

Activity: 672

Merit: 500

The price will go down a little bit but I don't expect it to go under 600 dollars. The market has very solid and stable support near the 600 dollar area.
Looking at the current chart it feels like the whales want to hold 600 dollar, so they can start a new pump at the end of this year.

Sure, it's speculation but, this is likely to happen.

ask

legendary

Activity: 1386

Merit: 1004

Unfortunately I closed shorts too soon. It will go down...

Bokelka

sr. member

Activity: 242

Merit: 250

Quote from: markj113 on July 20, 2016, 06:54:57 AM

You think that the USD is going to remain the reserve currency indefinitely?

History tells another story

Next one will be the world currency, a digital coin called the Bitcoin. It will be used in every part of life.

markj113

legendary

Activity: 2254

Merit: 1043

You think that the USD is going to remain the reserve currency indefinitely?

History tells another story

ask

legendary

Activity: 1386

Merit: 1004

Quote from: 600watt on July 17, 2016, 11:36:35 AM

Quote from: ask on July 17, 2016, 11:24:29 AM

Opened some more shorts.

have fun with your ...

Shorts closed with PROFIT (20x leverage)

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: Dajackal on July 18, 2016, 11:34:07 AM

Quote from: markj113 on July 17, 2016, 02:14:13 PM

Quote from: Bokelka on July 17, 2016, 02:03:31 PM

I think it is quite difficult for the Chinese Yuan to be the world reserve currency like US dollar. They do not have the military power.

They are already well on the way to achieving that goal - you need to read up more.

The petro dollar is on its last legs with more and more trades taking place completely bypassing it.

How long do you thin it will take before the us dollar falls of the list and the Yuan takes its place?
You think we can see that in the next decade?

China's Yuan Won't Topple the Dollar even in next decade. Concerns that the dollar's days are numbered lack merit. It was always a ridiculous contention, and it seems even less reasonable now. Not even a year ago, consensus thinking saw China's yuan on the verge of replacing the dollar as the world's premier reserve currency.

dumpida

hero member

Activity: 722

Merit: 500

Quote from: Dajackal on July 18, 2016, 11:34:07 AM

Quote from: markj113 on July 17, 2016, 02:14:13 PM

Quote from: Bokelka on July 17, 2016, 02:03:31 PM

I think it is quite difficult for the Chinese Yuan to be the world reserve currency like US dollar. They do not have the military power.

They are already well on the way to achieving that goal - you need to read up more.

The petro dollar is on its last legs with more and more trades taking place completely bypassing it.

How long do you thin it will take before the us dollar falls of the list and the Yuan takes its place?
You think we can see that in the next decade?

The Chinese Yuan will not replace the US dollar as the world reserve currency. China does not have enough military power.

Dajackal

full member

Activity: 154

Merit: 100

Quote from: markj113 on July 17, 2016, 02:14:13 PM

Quote from: Bokelka on July 17, 2016, 02:03:31 PM

I think it is quite difficult for the Chinese Yuan to be the world reserve currency like US dollar. They do not have the military power.

They are already well on the way to achieving that goal - you need to read up more.

The petro dollar is on its last legs with more and more trades taking place completely bypassing it.

How long do you thin it will take before the us dollar falls of the list and the Yuan takes its place?
You think we can see that in the next decade?

Topic: DOWN WE GO - Market is unstable. It will crash around halving day. - page 2. (Read 10240 times)