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Topic: Morecoin analysis [bitcoin/USD market observations] - page 13. (Read 47467 times)

hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
i think those who managed to help the bottom stay at 215, were the whales/average traders who dumped at 290 2-3 weeks ago

they did bought in mass supposedly... 200 level should be considered rock solid by now

I wouldn't count on that, actually. We could be in a bad downtrend, still. But this can't go on forever and at some point there will be a trend-reversal, and most of the bears do know that. It's just a matter of who gets burned in the end.
legendary
Activity: 3206
Merit: 1069
i think those who managed to help the bottom stay at 215, were the whales/average traders who dumped at 290 2-3 weeks ago

they did bought in mass supposedly... 200 level should be considered rock solid by now
hero member
Activity: 854
Merit: 503
Legendary trader
Enjoy. Wink



Ten days have passed and the bottom did hold:



Congratulations to everyone who managed to buy.

If we see 220's again this weekend I will try to buy more.
By next week we should aim for 260 with another push. Happy trading!
hero member
Activity: 714
Merit: 500
Me, myself and I
The price of bitcoin is quite steady recently. It is good for long term.

Recently = last 1 day?
There was a jump of almost $8 in a matter of minutes, just a couple of days back. Smiley

Yeah jump and then going down again,big player try manupulation market
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
It really has become quite difficult to actually tell whether this is the bottom or not. Last week we've made a double bottom at $215, which could be a very good indicator, on the other hand we could very well be heading down from here as well. I like to think it is best to stay in the game without using any leverage.
hero member
Activity: 518
Merit: 500
Trust me!
well bottom wasn't 215 after all, but a bit less, around 208-207, if we keep staying for few days above that, we can say that the bottom is reached, and falling under 200 is unlikely already

Unfortunately it isn't at all the current mini uptrend still lies perfectly within the long-term downtrend. We need a decided break out at this point in order to confirm the uptrend, otherwise we will continue sliding down for the time being. I'd like to see the price go up as well, But it isn'y a safe bet as of yet.
legendary
Activity: 1204
Merit: 1028
100% chance it will go down to double digits and eventually to Zero, because who's gonna buy sh*tty bitcoins when they are heading down, not even Chinese are crazy to do so. In fact I can guarantee you that everyone and their mother will panic sell every coin they have when bitcoin goes down to 80.
Another shitty FUD account.
There are multi millonaires in this ship. Do you really think Winklevoss, people with fortuness invested here and working hard to bring up solid, serious services like Gemini, are going to abandom ship? Lol.
We are on the winning ship, deal with it or cry later.
hero member
Activity: 675
Merit: 500
The price of bitcoin is quite steady recently. It is good for long term.

Recently = last 1 day?
There was a jump of almost $8 in a matter of minutes, just a couple of days back. Smiley
sr. member
Activity: 406
Merit: 250
The price of bitcoin is quite steady recently. It is good for long term.
legendary
Activity: 896
Merit: 1000
While you are obsessed about this age old pumpcoin and its 10% fluctuations i made almost +100% on my shitcoin portfolio. Man, huge gains in alts these days. Bitcoin? WHY?! Ain't nobody got time for that!!!

then why bother to take time and write a useless post about bitcoin when you don't have time for it. good luck with your altcoin trades and stay in the altcoin section.
newbie
Activity: 37
Merit: 0
While you are obsessed about this age old pumpcoin and its 10% fluctuations i made almost +100% on my shitcoin portfolio. Man, huge gains in alts these days. Bitcoin? WHY?! Ain't nobody got time for that!!!
legendary
Activity: 3206
Merit: 1069
well bottom wasn't 215 after all, but a bit less, around 208-207, if we keep staying for few days above that, we can say that the bottom is reached, and falling under 200 is unlikely already
full member
Activity: 476
Merit: 100
DIVERGENT OTC MARKET FOR DISTINCTIVE ASSETS!
wow someone was butthurt lol, Current Bitcoin prices seem pretty stable with the ranges holding for over 24 hours Cheesy i predict hitting 235 by next week and the Geminin exchange may be released too Cheesy
and seems you were right haha
it's have been $235-$236 for while now Cheesy

Well, he/she said 'next week' and not tomorrow Cheesy It's still far too early to tell what the current movements turn out to bet. It could be the beginning of a breakout of the falling wedge/triangle we're in since 2014 or just another bounce on our way into the $100s (which I honestly don't hope!!!)

o yeah true, he didn't say tomorrow Cheesy
Hope so it keep going up and up Wink
hero member
Activity: 518
Merit: 500
Trust me!
wow someone was butthurt lol, Current Bitcoin prices seem pretty stable with the ranges holding for over 24 hours Cheesy i predict hitting 235 by next week and the Geminin exchange may be released too Cheesy
and seems you were right haha
it's have been $235-$236 for while now Cheesy

Well, he/she said 'next week' and not tomorrow Cheesy It's still far too early to tell what the current movements turn out to bet. It could be the beginning of a breakout of the falling wedge/triangle we're in since 2014 or just another bounce on our way into the $100s (which I honestly don't hope!!!)
full member
Activity: 476
Merit: 100
DIVERGENT OTC MARKET FOR DISTINCTIVE ASSETS!
wow someone was butthurt lol, Current Bitcoin prices seem pretty stable with the ranges holding for over 24 hours Cheesy i predict hitting 235 by next week and the Geminin exchange may be released too Cheesy
and seems you were right haha
it's have been $235-$236 for while now Cheesy
legendary
Activity: 2842
Merit: 1511
100% chance it will go down to double digits and eventually to Zero, because who's gonna buy sh*tty bitcoins when they are heading down, not even Chinese are crazy to do so. In fact I can guarantee you that everyone and their mother will panic sell every coin they have when bitcoin goes down to 80.

You need to show more confidence in your conviction. Nobody is going to believe somebody who is so unsure of themselves.
hero member
Activity: 518
Merit: 500
Trust me!
wow someone was butthurt lol, Current Bitcoin prices seem pretty stable with the ranges holding for over 24 hours Cheesy i predict hitting 235 by next week and the Geminin exchange may be released too Cheesy

I think your guess is as good as mine. Price does seem to be resilient and even on a default upwards movement, which is always interesting to see. Don't think that the new exchange opening will do anything remarkable to the price, though...
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Enjoy. Wink



And even buying now is a mistake.. You could always buy more and average down as the price drops.  You win either way.
legendary
Activity: 1358
Merit: 1016
Where did you hear this?
legendary
Activity: 1218
Merit: 1000
wow someone was butthurt lol, Current Bitcoin prices seem pretty stable with the ranges holding for over 24 hours Cheesy i predict hitting 235 by next week and the Geminin exchange may be released too Cheesy
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