I could see BTC going down to the lower 300's by the time of the halving

quadriple7

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Quote from: tokeweed on January 15, 2016, 03:51:44 AM

I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

i would be really suprised to see price at 300$ at July, would be real;y bad news for bitcoin too, no huge rise as everyone hopes after halving, price now is 400$ so i hope it will be at least 460$ before halving, and will rise around 600$ after halving

AliceWonderMiscreations

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Quote from: mtnsaa on January 17, 2016, 01:10:36 PM

The storm hasn't pass yet so it's definitely a possibility. In my personal opinion I don't think we will go below $350, the panic seems to have subsided already, if we can get past this week all will be forgotten the minute the next mini pump starts and people will want to get all the BTC they can get at below $400.

It was $3.00 from my trigger point and so I missed out, so I am hoping it does dip again. I have since raised my trigger point but at the $385 it currently is floating, I'm not buying because I am gambling it will go down again in the short term. Not confident to sell any that I have - I'll let people with better experience take those risk. But confident enough it will dip again that I am willing to risk missing this opportunity to buy at below $400.

My personal speculation is that it will hit $600 before the end of the year (stay there or not I don't know) but I still think it will presently drop close to $320 at least once in the next three months.

And no, I am not skilled at this, no one reading what I write should assume that I am.

mtnsaa

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The storm hasn't pass yet so it's definitely a possibility. In my personal opinion I don't think we will go below $350, the panic seems to have subsided already, if we can get past this week all will be forgotten the minute the next mini pump starts and people will want to get all the BTC they can get at below $400.

stepwilli

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Quote from: helloeverybody on January 17, 2016, 12:31:27 PM

I hope we do get another drop sometime soon, People should be using this time of a drop in price to accumulate more. bitcoins not dead and not dying anytime soon. If it drops any more then i will be putting some cash into more coins

But I do not see any more price fall. It's just a down wave before breaking the big prices like $500 price levels. Prices are quickly recovering, we can expect $450 and $500 levels very soon.

helloeverybody

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I hope we do get another drop sometime soon, People should be using this time of a drop in price to accumulate more. bitcoins not dead and not dying anytime soon. If it drops any more then i will be putting some cash into more coins

WENGER

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Quote from: kwukduck on January 16, 2016, 04:18:46 AM

No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.

It has gone up now to $388 at the time of typing this post and predicting it to go all the way done to $100 is unreal as even some factors lead it to go down in the couple of past days, it seems it's getting stable and rising step by step now.

n2004al

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Quote from: tokeweed on January 15, 2016, 03:51:44 AM

I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

I don't believe that will go so down. Now bitcoin is accustomed with such situations (at my country we tell this expression in such cases: its skin is made like the skin of the shoes - in other words mean that these things don't make more news) and have created some immunity. The first signs are already shown. It is already stopped at an interval of value since yesterday. Being temporary or a definitive one from which will began again the increase this have no to much importance. This "resistance" is a tiny sign of its "maturity". Yet to much to be showed before be told with security the previous mention but cannot be not mentioned. Stopped so fast is a very good sign. Even if this stop can or might be only temporary.

QuintLeo

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Quote from: kwukduck on January 16, 2016, 04:18:46 AM

No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.

I don't see any probability of Bitcoin hitting $100 - or even $200. There was too much support around the $230 level BEFORE the recent big wave of Chinese investment.
On the other hand, we're seeing a rebound right now, might take longer to hit $300 than it looked like 24 hours ago.

prodigy8

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People will be more interested than before about bitcoin and before the halving the price can be pumped.

And then after the halving those can be disappointed that why the price has not been increased,

So they will start selling and the price will be decreased.

1Referee

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Quote from: tokeweed on January 15, 2016, 05:54:37 PM

Quote from: 1Referee on January 15, 2016, 05:04:18 AM

Let's see if it goes below $400 first, if it does go below that level, then I can see an ultimate low of $370-$380. But I think we will be able to support the $400 level long enough to make the price advance to $420-$430 again. We have seen the price go down earlier to very low $400's, it was $404 to be precice, and then we went up again and reached $450+.

Ok. Let's see if your analysis holds true.

I didn't expect the price to come down this hard, but it allowed me to do some nice day trading. I was awake all night and made myself a good 1.5BTC profit. I think the price won't plummet any further from the low of nearly $350.

kwukduck

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No need to wait for lower 300 by halving. We will be there before Sunday.
By the time of the halving we will be way sub $100 if nothing is done to repair bitcoin.

QuintLeo

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Quote from: tokeweed on January 15, 2016, 03:51:44 AM

I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

I was predicting we would see sub-300 (though not sub-250) would happen a while ago.
It just took longer for the bubble to pop than I though it would take (I was anticipating pop sometime in December).

I still figure there will be a big jump a month or two before the halfing, most of which will survive past the halfing.

Looks like time to start holding my coin again rather then selling it as I mined it.

tokeweed

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Quote from: Junko on January 15, 2016, 08:30:22 PM

Quote from: AliceWonderMiscreations on January 15, 2016, 07:54:09 PM

This is really weird. I usually just buy a small amount every month regardless of the price - I'm not even what would be considered middle class.

But right now I have some liquid USD and when I saw both the cryptsy and the mike hearn thing - I knew it was going to drop.

I'n sitting here rooting for it to get to low 300s because if it does and only if it does, I buy. I won't buy at 340 because to be honest it will require sacrifice for me to put this liquid into BTC but the sacrifice will be worth it if it gets down to $320 or so.

I have never rooted for BTC to drop, yet I'm doing exactly that. New experience.

(oh just for the sake of honesty - my income is < middle class but I own my house and have 0 debt, so in my mind, I'm better off than much of the middle class even if I can only afford to eat out once a month)

Not weird at all. Many, including myself are the same way, using the same strategy. I put a certain amount of my monthly income into buying fund. If the price and situation is right, I pull the trigger. This Hearn thing is shaping up to be a nice opportunity when it is all said and done. We root for btc because we are long term invested, but also we still want to add to our hodlings so we root for nice prices to buy as well.

Nothing weird about that at all.

Yup not weird at all. We're all here to profit regardless of your strategy in achieving that.

Others short, others buy going down, etc.. There's no one best strategy in trading. Just do what works for you.

Junko

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Quote from: AliceWonderMiscreations on January 15, 2016, 07:54:09 PM

This is really weird. I usually just buy a small amount every month regardless of the price - I'm not even what would be considered middle class.

But right now I have some liquid USD and when I saw both the cryptsy and the mike hearn thing - I knew it was going to drop.

I'n sitting here rooting for it to get to low 300s because if it does and only if it does, I buy. I won't buy at 340 because to be honest it will require sacrifice for me to put this liquid into BTC but the sacrifice will be worth it if it gets down to $320 or so.

I have never rooted for BTC to drop, yet I'm doing exactly that. New experience.

(oh just for the sake of honesty - my income is < middle class but I own my house and have 0 debt, so in my mind, I'm better off than much of the middle class even if I can only afford to eat out once a month)

Not weird at all. Many, including myself are the same way, using the same strategy. I put a certain amount of my monthly income into buying fund. If the price and situation is right, I pull the trigger. This Hearn thing is shaping up to be a nice opportunity when it is all said and done. We root for btc because we are long term invested, but also we still want to add to our hodlings so we root for nice prices to buy as well.

Nothing weird about that at all.

AliceWonderMiscreations

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This is really weird. I usually just buy a small amount every month regardless of the price - I'm not even what would be considered middle class.

But right now I have some liquid USD and when I saw both the cryptsy and the mike hearn thing - I knew it was going to drop.

I'n sitting here rooting for it to get to low 300s because if it does and only if it does, I buy. I won't buy at 340 because to be honest it will require sacrifice for me to put this liquid into BTC but the sacrifice will be worth it if it gets down to $320 or so.

I have never rooted for BTC to drop, yet I'm doing exactly that. New experience.

(oh just for the sake of honesty - my income is < middle class but I own my house and have 0 debt, so in my mind, I'm better off than much of the middle class even if I can only afford to eat out once a month)

tokeweed

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Quote from: baazju on January 15, 2016, 06:15:20 PM

Quote from: richardsNY on January 15, 2016, 06:07:24 PM

When the price is going down, people turn into bearish mode very quickly. If the price goes up the next day, people seem to lose all reality and think in prices of $1000 and above. People here are comedians.

Everyone is an expert.

Or a troll. They say sell when they're buying and say buy when their selling.

baazju

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Quote from: richardsNY on January 15, 2016, 06:07:24 PM

When the price is going down, people turn into bearish mode very quickly. If the price goes up the next day, people seem to lose all reality and think in prices of $1000 and above. People here are comedians.

Everyone is an expert.

richardsNY

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When the price is going down, people turn into bearish mode very quickly. If the price goes up the next day, people seem to lose all reality and think in prices of $1000 and above. People here are comedians.

xhomerx10

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Quote from: tokeweed on January 15, 2016, 06:01:32 PM

Quote from: btvGainer on January 15, 2016, 05:59:48 PM

Quote from: lenoli on January 15, 2016, 05:10:47 AM

Quote from: tokeweed on January 15, 2016, 03:51:44 AM

I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

why all of you trying to be negative and write negative post? its your hobby play on others mind or what. price is 410 $ for now and you are telling it will foll down to 300$. pessimism will kill you man

I also share same views.Let us not spread these speculations of price going down.Lets be optimist and hope that price will not go down below $400 .This positive thinking will strengthen bitcoin

Look at the price of BTC now. Grin

Wow. It's already 370! I was hoping you were wrong.

tokeweed

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Life, Love and Laughter...

Quote from: btvGainer on January 15, 2016, 05:59:48 PM

Quote from: lenoli on January 15, 2016, 05:10:47 AM

Quote from: tokeweed on January 15, 2016, 03:51:44 AM

I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.

why all of you trying to be negative and write negative post? its your hobby play on others mind or what. price is 410 $ for now and you are telling it will foll down to 300$. pessimism will kill you man

I also share same views.Let us not spread these speculations of price going down.Lets be optimist and hope that price will not go down below $400 .This positive thinking will strengthen bitcoin

Look at the price of BTC now. Grin

Topic: I could see BTC going down to the lower 300's by the time of the halving (Read 1520 times)