Prepare for the wave - page 3. | Bitcointalksearch.org

manis

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Quote from: AndySt on November 26, 2015, 06:27:03 PM

Quote from: 98problems on November 26, 2015, 03:54:34 PM

the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc

Price volatility in the next few days may allow you to earn good money in the coming days on the correctly chosen strategy. You only need to define an expected range of volatility.

And you may incur huge losses if there is a breakout in either direction.
Trading is always risky. Better to have a hold strategy, if you are a long-term bull.

Sictalfia

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Quote from: 98problems on November 26, 2015, 03:54:34 PM

the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc

The price did not go down at all. It is just between $340 to $360. So there is not much effect of black friday.

Rufsilf

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Quote from: 98problems on November 26, 2015, 03:54:34 PM

the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc

I do not see volume increase so far. So the Black Friday is American effect. The American are still sleepin.

AndySt

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Quote from: 98problems on November 26, 2015, 03:54:34 PM

the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc

Price volatility in the next few days may allow you to earn good money in the coming days on the correctly chosen strategy. You only need to define an expected range of volatility.

98problems

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the price is fluctuating a lot right now because of the black friday though im afraid that the price can go down a lot after a few days after this event i dont know if i should sell my btc

notaek

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The Bitcoin Black Friday tradition started as a way to entice new merchants to sign up with processors. When companies like NewEgg, Microsoft and Gyft started to accept bitcoin and promote deals, the press coverage drove price up until Black Friday. Price soared to record highs of $1,163.
The 5 weeks following November 29, 2013 still haunts early Bitcoiners. As consumers continued to spend bitcoins, price plunged almost 50% until Christmas Eve.

In 2015, we don’t expect a price plunge post Black Friday because consumers have options to shop on open marketplaces. Rational consumers will shop where they find the best value, so if open marketplaces can provide better value than Bitcoin selling merchants, we shouldn’t expect another price plunge. On open marketplaces, merchants receive bitcoins instead of bank deposits drastically reducing sell pressure. Higher efficiency can then be translated to better value for both consumers and merchants.

Hugroll

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Quote from: flagpara on November 25, 2015, 06:19:55 AM

Ok i know there are already lots of thread about how btc is going to go 400 or 1000$ in next weeks, but most of the time it's just people coming saying "it will" or "it won't".

Well i'm not an economist so i won't say i know, but i wish this thread will be used for people with facts and arguments, not just opinions.

I firmly believe in a near btc price rise, because of the coming halving and the black friday trend (more than 1000$ last year) and i saw something strange on cex.io:

As you see the market depht is closing, a week before there was much more sell order than buy orders, now it's 830btc buy order vs 710 btc sell order.

It means more people want to buy than to sell, logically the prise will go up.

i also think that the price is going to go up around black friday, just like the time it went upto $1000. However i believe that hitting 1k this year mighe be tough, i was kinda expecting it to go upto around 500-600. and i think the reason the buy orders went up is cuz of black friday, people are stacking up on btc incase they find something on sale to buy lol.

mcplums

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Quote from: flagpara on November 25, 2015, 06:19:55 AM

Ok i know there are already lots of thread about how btc is going to go 400 or 1000$ in next weeks, but most of the time it's just people coming saying "it will" or "it won't".

Well i'm not an economist so i won't say i know, but i wish this thread will be used for people with facts and arguments, not just opinions.

No one knows what the price will do over the next few weeks op, economists included.

The only exception are those with insider information. If I had $1bn that I was planning on buying bitcoin with tomorrow I would have a pretty good idea of what would happen to the price.

flagpara

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Quote from: ?? on ??

Bfxdata are Bitfinex data. This exchange gives users the possibility to fund margin account at a give rate. To summarize you are paid to lend your money to others users who want leverage.

https://www.bitfinex.com/pages/features

Wow! I didn't know it existed... But isn't it a bit strange? I mean what is the point? If you lend your coins for somebody else to trade, you're the one taking the risk (it's your coins they're betting) but you'll only get parts of the profit. So why going with that solution?

flagpara

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Quote from: ?? on ??

More on Bfxdata -> buy when BTC price trend is up after decrease in Flash Return rate (FRR). It means more users are funding margin call accounts to satisfy demand for leveraging (i.e. sentiment become bullish).

Thanks a lot for all those informations, but personnally i don't understand a thing Shocked

mixan

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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!

Quote from: Mickeyb on November 25, 2015, 05:24:50 PM

Quote from: flagpara on November 25, 2015, 08:13:08 AM

Quote from: talks_cheep on November 25, 2015, 07:39:29 AM

You DO know this is a "Speculation" forum???

Yes i know, but speculation doesn't mean you have to base yourself on nothing. Speculation can be made through logic and arguments, not just what "you felt while drinking your coffee and that big revelation you had while you slept"! Roll Eyes

Unfortunately, Bitcoin very often defies logic! So not to crush your analysis and reasoning, you can use all the logic of this world, but Bitcoin will still do its own thing and that will most often be what you haven't expected.

This summarizes all of my attempts to predict Bitcoin movements by using logic and analysis!

BTC is a beast of it's own virtues. That is why it is spelt with a capital B.

Patatas

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Quote from: darkangel11 on November 25, 2015, 11:21:55 AM

Why should it raise on black friday? It would be more natural for it to go down since people want to buy stuff and stores accepting bitcoin don't accumulate but dump.

The OP is logically correct about the rates going up on the black friday.Since on black friday people online would want to shop using bitcoins, as you know there would be variety of merchants selling goods for cheap prices.Moreover they'll only accept bitcoins as the mode of payment(I'm speaking of btc accepting stores here).People would would like to cop these deals need btc's for which they have to buy them.This increases the demand for btc's as many users would like to keep them for the day and prices will generally go up as prices go up when there is a demand for product in the market.

manis

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Quote from: crazyivan on November 26, 2015, 03:25:52 AM

Black Friday s one off phenomenon, it ll push the price up but I dont think it ll keep the price at higher levels. BTC halving on the other hand, yes, this one ll push BTC price up. Cause there s no coming back once reward halves. BTC supply will be significantly diminished after that date. If demand, stays more-less the same, everybody knows what s gonna happen with the price.

If the market is efficient, the block reward halving should have been incorporated in the price by now.
We already are more than $100 up from where we were a couple of months back.

crazyivan

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Black Friday s one off phenomenon, it ll push the price up but I dont think it ll keep the price at higher levels. BTC halving on the other hand, yes, this one ll push BTC price up. Cause there s no coming back once reward halves. BTC supply will be significantly diminished after that date. If demand, stays more-less the same, everybody knows what s gonna happen with the price.

flagpara

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Well I don't know anything for sure but what I know is that I'm happy to have bought two days ago Grin

NorrisK

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Quote from: pattu1 on November 26, 2015, 01:52:58 AM

Quote from: mirana12345 on November 25, 2015, 05:45:46 PM

Actually you are right, just not correct in calculating overall price trend based on just cex. The thing is ; the support is rising on other exchanges like it is on cex, so
you were right. I'm just not too sure that there will be a wave, it looks far more like a small uptrend that will push price 10-15 usd up, nothing big. (for now)

If only predicting trends was as easy as looking at market depth, then a lot of people will make money.
Alas, nothing can be concluded about causation for the small price increase that we have seen.

It might not be 100% sure stuff will happen, but it sure can be indicators of a price direction.

Closing gap may indeed support an increase, but it needs to be on all exchanges at the same time to have a great effect.

pattu1

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Quote from: mirana12345 on November 25, 2015, 05:45:46 PM

Actually you are right, just not correct in calculating overall price trend based on just cex. The thing is ; the support is rising on other exchanges like it is on cex, so
you were right. I'm just not too sure that there will be a wave, it looks far more like a small uptrend that will push price 10-15 usd up, nothing big. (for now)

If only predicting trends was as easy as looking at market depth, then a lot of people will make money.
Alas, nothing can be concluded about causation for the small price increase that we have seen.

newcoins1978

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It is short term, which don't means it can last and have a new bottom at a higher price.

Accross the exchanges there are no signals for a higher peak.

mirana12345

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PM me to buy traffic for your site!

Quote from: flagpara on November 25, 2015, 09:01:50 AM

Quote from: lumeire on November 25, 2015, 08:56:50 AM

Quote from: flagpara on November 25, 2015, 06:19:55 AM

I firmly believe in a near btc price rise, because of the coming halving and the black friday trend (more than 1000$ last year) and i saw something strange on cex.io:

As you see the market depht is closing, a week before there was much more sell order than buy orders, now it's 830btc buy order vs 710 btc sell order.

It means more people want to buy than to sell, logically the prise will go up.

It wont matter much, since CEX only has 0.31% ($ 101,239 ) of the market volume as per CoinMarketCap. It's too little to be significant. Of course, it's another story if you'd see the same trend in OkCoin, BitFinex, and BitStamp, which when combined has greater than a third of market volume.

You see i absolutely didn't think about that. Which makes my argument rather useless indeed. Thanks for the precision!

Actually you are right, just not correct in calculating overall price trend based on just cex. The thing is ; the support is rising on other exchanges like it is on cex, so
you were right. I'm just not too sure that there will be a wave, it looks far more like a small uptrend that will push price 10-15 usd up, nothing big. (for now)

Mickeyb

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Move On !!!!!!

Quote from: flagpara on November 25, 2015, 08:13:08 AM

Quote from: talks_cheep on November 25, 2015, 07:39:29 AM

You DO know this is a "Speculation" forum???

Yes i know, but speculation doesn't mean you have to base yourself on nothing. Speculation can be made through logic and arguments, not just what "you felt while drinking your coffee and that big revelation you had while you slept"! Roll Eyes

Unfortunately, Bitcoin very often defies logic! So not to crush your analysis and reasoning, you can use all the logic of this world, but Bitcoin will still do its own thing and that will most often be what you haven't expected.

This summarizes all of my attempts to predict Bitcoin movements by using logic and analysis!

Topic: Prepare for the wave - page 3. (Read 5792 times)