Some power is like holding bitcoin price on 900 usd?

BillyBobZorton

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Quote from: Rahar02 on January 27, 2017, 10:03:16 AM

Quote from: ardacik on January 10, 2017, 07:12:47 AM

It moves around 890-900 for weeks! I mean not 832 or 954. Just fixed at 900?
Is it just me thinking like that?

After big whales cashed out their bitcoins, the price drop back to $700 but it's already recover to $900.
It's still better than last year as we started at the current price. They didn't buy back as much as they sold it.
Maybe waiting for others to pump it in order to get bitcoin spread widely than only them holding so much.
However, the current fluctuate is better than rally to $1000 so fast, but users sell and the price fall down again.

The price has naturally stabilized, it's not a work of whales. We have found an interesting support where the doubters are scared to get in but also scared to wait and see it go beyond 1000$.

Everyone with a brain should know sub 1000$ bitcoin is extremely cheap, but laggards will always realize of their mistake of not buying when it's too late.

Buying every sub XXXX BTC possible is a must in 2017.

BrewMaster

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Quote from: marcoman22 on January 30, 2017, 05:20:22 AM

Yes, its around $900 range for almost few days.Due to situations which happened in china after PBOC action, price started falling and most of bitcoin holders got panic and started selling their bitcoins.That led to price fall to even $750. But there is still demand for bitcoin among new investors. I think their buying power has stopped bitcoin not to fall below $900. Also chinese holders who sold out in panic are trying to rebuy their holdings.it might also be a reason.

the China situation is getting too old and worn out and it happened during the fall from $1100+ price and continued a while until all the weak hands were flushed out. and the fall was mostly because of many panic sources not just China, it was the panic of China, PBoC, the fact that 1100+ happened once and fell, the bubbles,... FUD,...
and now whales are accumulating more happily that they ever been.

Farma

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well, I guess, it's because bitcoin prices were stable. This also occurred when the price remains at $ 400 more. I guess this is a regular thing, after prices rose to a high bitcoin. Well, prepare yourself with the possibility that bitcoin prices will fall back, or climb back. because it always happens when the price has long been stable.

marcoman22

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Yes, its around $900 range for almost few days.Due to situations which happened in china after PBOC action, price started falling and most of bitcoin holders got panic and started selling their bitcoins.That led to price fall to even $750. But there is still demand for bitcoin among new investors. I think their buying power has stopped bitcoin not to fall below $900. Also chinese holders who sold out in panic are trying to rebuy their holdings.it might also be a reason.

jaberwock

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the power holding the price in the same level is called the free market and the chinese holidays vacancy, so right now there is no reason for a change in price right now with no news and stuff, also probably the chinese players took a break from trading, also not enough people to make a change in the price, for now

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Quote from: ardacik on January 10, 2017, 07:12:47 AM

It moves around 890-900 for weeks! I mean not 832 or 954. Just fixed at 900?
Is it just me thinking like that?

If we applied that today, January 27 (since your post is January 10), it just the same principle and just a normal movement of price. Nothing new here since majority of buy and sell rates must be set closely to that price range you have mentioned. By looking at yesterday price, it was playing in the range of $20-$30, increase and decrease and continously moving the way like that today.

And I can't see any $890-$900 price that stays for weeks prior to the time you have posted this.

Rahar02

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Quote from: ardacik on January 10, 2017, 07:12:47 AM

It moves around 890-900 for weeks! I mean not 832 or 954. Just fixed at 900?
Is it just me thinking like that?

After big whales cashed out their bitcoins, the price drop back to $700 but it's already recover to $900.
It's still better than last year as we started at the current price. They didn't buy back as much as they sold it.
Maybe waiting for others to pump it in order to get bitcoin spread widely than only them holding so much.
However, the current fluctuate is better than rally to $1000 so fast, but users sell and the price fall down again.

cakravothy

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iam still hold my bitcoin
iam selling bitcoin price in level price 1100 dollar, and buyback again in level price 800 dollar
this now iam hold bitcoin, target bitcoin price in selling 1000 dollar

uki

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Quote from: manselr on January 26, 2017, 07:35:14 AM

Quote from: ASHLIUSZ on January 26, 2017, 06:25:57 AM

Quote from: talkbitcoin on January 25, 2017, 07:31:40 AM

Quote from: ardacik on January 25, 2017, 12:29:51 AM

same thing is happening right now...

it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.

The resistance in the price continues, if the traders who try to make profit even with the current price without holding their bitcoins long for a increase. No power holds the price to sustain around $900, the difference or increase from the current price tag keeps counting when the market gets increased circulation with stabilization in the economical situation of countries using bitcoins efficiently.

We can never know if there is a big group of whales keeping the price at a certain range... it is a possibility, but it falls a bit in the realm of conspiracy theory. I would not be able to claim that I know for a fact it is or not happening, we can only ride the waves as small traders.

we can't say it for sure, but if you look at the past charts there are some evident signs of painting them. You cannot explain everything by the fundamentals, as there was not much change in the fundamentals in, say last six months.

manselr

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Quote from: ASHLIUSZ on January 26, 2017, 06:25:57 AM

Quote from: talkbitcoin on January 25, 2017, 07:31:40 AM

Quote from: ardacik on January 25, 2017, 12:29:51 AM

same thing is happening right now...

it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.

The resistance in the price continues, if the traders who try to make profit even with the current price without holding their bitcoins long for a increase. No power holds the price to sustain around $900, the difference or increase from the current price tag keeps counting when the market gets increased circulation with stabilization in the economical situation of countries using bitcoins efficiently.

We can never know if there is a big group of whales keeping the price at a certain range... it is a possibility, but it falls a bit in the realm of conspiracy theory. I would not be able to claim that I know for a fact it is or not happening, we can only ride the waves as small traders.

Babayega31

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Quote from: ASHLIUSZ on January 26, 2017, 06:25:57 AM

Quote from: talkbitcoin on January 25, 2017, 07:31:40 AM

Quote from: ardacik on January 25, 2017, 12:29:51 AM

same thing is happening right now...

it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.

The resistance in the price continues, if the traders who try to make profit even with the current price without holding their bitcoins long for a increase. No power holds the price to sustain around $900, the difference or increase from the current price tag keeps counting when the market gets increased circulation with stabilization in the economical situation of countries using bitcoins efficiently.

Yes exactly the price resistance really continued and holding doesn't really matter and they also make profit without waiting so long. It really have no impact to price hitting at 900$ because some traders use their personal btc purchased from other users and gained profit even price is at normal trend, so it made circulation increased at stable situation of country's efficient btc participation.

ASHLIUSZ

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Quote from: talkbitcoin on January 25, 2017, 07:31:40 AM

Quote from: ardacik on January 25, 2017, 12:29:51 AM

same thing is happening right now...

it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.

The resistance in the price continues, if the traders who try to make profit even with the current price without holding their bitcoins long for a increase. No power holds the price to sustain around $900, the difference or increase from the current price tag keeps counting when the market gets increased circulation with stabilization in the economical situation of countries using bitcoins efficiently.

uki

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Quote from: Wind_FURY on January 11, 2017, 09:32:32 PM

Quote from: 1Referee on January 11, 2017, 09:11:02 AM

Quote from: hase0278 on January 11, 2017, 09:00:33 AM

Well maybe right now, some whale is holding bitcoin as it is now and profiting from it. 12 hours from now, there are two possible outcomes we can see. A pump or a very big dump. That we will see depending on the movements that will happen in the next few hours, either way all of bitcoin holders will be happy either way so let's wait and see.

Dump already happened, but the question at this point is whether or not it will tank deeper. I just hope we can maintain the $800 level in the coming days even though we went below it already. Panic sellers will either come to sense and stop behaving like an empty headed chicken, or they will continue the dumping part where it may even trigger a good load of stop loss orders. Solid holders don't really care about these kind of fluctuations as their vision is pointed at the real long term.

The right way to think about it is to hope that more people panic and bring it below $800 or lower. That will be another good buying opportunity for us. Bitcoin is not done yet. It still has many markets to penetrate and make them efficient. A Trillion market capitalization is unavoidable.

I also agree with this view, and I will even call it optimistic. In my opinion we will explore the sub $800 area in a not too distant future, as soon as the panic is induced in the news, e.g., be it hack of an exchange or something similar we already seen in the past. It is same old game, with same old players, beheaded chickens included.

talkbitcoin

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Quote from: ardacik on January 25, 2017, 12:29:51 AM

same thing is happening right now...

it is called resistance and as long as it is there price will stay up and then starts going up. and this resistance is from the buy orders that traders who sold on $940 recently is forming, they want to buy back again at $900 or lower to make profit by their short positions.

AjithBtc

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Quote from: yonton on January 10, 2017, 09:05:48 PM

I'm getting strapped in, it looks like it might take off in the morning!

Every user around here is expecting for a take-off, but the reality is not in our hands. $900 too is a good price with which users can make good investment as well can make further plans on multiplying it.

ardacik

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same thing is happening right now...

Wind_FURY

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Quote from: 1Referee on January 11, 2017, 09:11:02 AM

Quote from: hase0278 on January 11, 2017, 09:00:33 AM

Well maybe right now, some whale is holding bitcoin as it is now and profiting from it. 12 hours from now, there are two possible outcomes we can see. A pump or a very big dump. That we will see depending on the movements that will happen in the next few hours, either way all of bitcoin holders will be happy either way so let's wait and see.

Dump already happened, but the question at this point is whether or not it will tank deeper. I just hope we can maintain the $800 level in the coming days even though we went below it already. Panic sellers will either come to sense and stop behaving like an empty headed chicken, or they will continue the dumping part where it may even trigger a good load of stop loss orders. Solid holders don't really care about these kind of fluctuations as their vision is pointed at the real long term.

The right way to think about it is to hope that more people panic and bring it below $800 or lower. That will be another good buying opportunity for us. Bitcoin is not done yet. It still has many markets to penetrate and make them efficient. A Trillion market capitalization is unavoidable.

kwukduck

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Yep totally not a bubble... lol
The fact remains that bitcoin has big fundamental problems with scalability and fungibility.
Adapt or perish, it seems like we are going for the last option.

icecube45

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Quote from: marcuslong on January 11, 2017, 09:24:05 AM

Quote from: ardacik on January 10, 2017, 07:12:47 AM

It moves around 890-900 for weeks! I mean not 832 or 954. Just fixed at 900?
Is it just me thinking like that?

Now bitcoin is at range of $811 Dollars im planning to sell my bitcoin because it decrease into the low price again i waited for bitcoin to be on the high price but i didn't expect that bitcoin will be drop on this again like last last year im hoping that it will be rise again . HOlders and dumping bitcoin ugh sad for this.

Very unfortunate if you sell bitcoin when the price has dropped considerably, maybe I think you should sell bitcoin when prices do not fall too far or when already there are signs prices will fall. Maybe my advice would be better to wait for prices rise and if it rises you can sell it. But if the price falls might better keep hold it and buy some bitcoin to hold to wait for prices rise back and be on top, but this requires a longer time because waiting for bitcoin prices rise in my opinion takes time.

Longsnowsm

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Love a good panic... Cheap BTC, can't beat that.... When everyone screams sell you buy with two hands... People are sheep, or Lemmings... It is pretty frightening really.

Topic: Some power is like holding bitcoin price on 900 usd? (Read 2776 times)