Some power is like holding bitcoin price on 900 usd? - page 2.

marcuslong

legendary

Activity: 1036

Merit: 1002

Quote from: ardacik on January 10, 2017, 08:12:47 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.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: hase0278 on January 11, 2017, 10:00:33 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.

hase0278

hero member

Activity: 882

Merit: 544

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.

CyberKuro

hero member

Activity: 798

Merit: 506

Quote from: ardacik on January 10, 2017, 08:12:47 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?

Just normal day fluctuate of bitcoin.
It's better to set stable price and slowly increases, than rise up $100 in 2 days but drop back again.
When the price increase so fast, people triggered to sell their bitcoin. Not a good thing for us if panic selling happens again and again.

bering

legendary

Activity: 2758

Merit: 1006

Leading Crypto Sports Betting & Casino Platform

Quote from: ardacik on January 10, 2017, 08:12:47 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?

yes looks like it does and i'm not really understand how to predict the market movement but in bitcoin i always believe that there is huge power could manipulate the price so i think they have other scenario to keep bitcoin price at those range

pooya87

legendary

Activity: 3444

Merit: 10558

Quote from: ardacik on January 10, 2017, 08:12:47 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?

this is bitcoin for you. price has been following this thing for as long as i can remember, it becomes stable then after a period of accumulation, it starts rising again. and in very rare situations like the last week price for some reason that is usually different each time rises or falls big time and then becomes stable again.

you can all these accumulation periods on a chart with zoom out.

Mr. Big

global moderator

Activity: 2310

Merit: 1176

While my guitar gently weeps!!!

Nothing is wrong with the price...It's just settling on where it should be after the long rally and take a look at the 2016 chart, after a price rally, it will drop and we will have a long almost horizontal price movement in the following months, so this is one of those scenarios... Maybe whales are done for their Christmas and New year bonuses now... Cheesy

Maybe you just miss how the erratic price movement so when you see this one you feel like there is something wrong with the price and someone is freezing it...

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: ardacik on January 10, 2017, 08:12:47 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?

That is very hard to say. This is the stage of the bubble where you do not know if it continues and go past the high or will it all fall apart and crash. What makes the situation complicated is you have people who bought at the highs and might panic sell to stop losing more and we also have short sellers taking positions because they think the pump is over.

jerowacik

legendary

Activity: 1162

Merit: 1000

it might just happen. because at this time there must be a force great community that affect the price of bitcoin.
they have a number of bitcoin very much. however it is still a possibility, either true or not.

diegz

hero member

Activity: 798

Merit: 500

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: Immakillya on January 10, 2017, 10:21:24 PM

Its really weird that the price behaves like this. I saw my wallet and the price is just moving around $910+. I notice that it hasn't move up or down for around 3 days.

There is nothing wrong with the price movement this days. It's normal that the price would slow down after a roller coaster price. Maybe the profit makers are done making money now, so we are back to having a steady straight price, and I think this will take long for the price to go boring again, until the chinese new year.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Immakillya on January 10, 2017, 10:21:24 PM

Its really weird that the price behaves like this. I saw my wallet and the price is just moving around $910+. I notice that it hasn't move up or down for around 3 days.

It's pretty normal for the price to consolidate after a large move. It represents indecision about what the trend will be. It will break one way or the other soon enough.

http://www.investopedia.com/terms/c/consolidation.asp

Huge Black Woman

sr. member

Activity: 322

Merit: 251

Nah bro, it ain't you t'all. But you all remember we was loopin around $420-$430 for monfs this year. Thet's jist how the market is, an' you could spend ya ho life tryin' ta figger out why, but it's all guesswork. They ain't no one in particular holdin' up the price, but y'all ourt to be grateful thet the price is as high as it is. Know what I'm sayin'?

Immakillya

sr. member

Activity: 560

Merit: 269

Its really weird that the price behaves like this. I saw my wallet and the price is just moving around $910+. I notice that it hasn't move up or down for around 3 days.

yonton

sr. member

Activity: 854

Merit: 262

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

manselr

legendary

Activity: 868

Merit: 1004

Quote from: Taki on January 10, 2017, 03:53:40 PM

Good that the price didn't drop under 800$. I also noticed that the price is seems frozen on the point of 900$ for days. This situation remind me the same moment when the price was frozen on the point of 600$ for a month around of September. Hope it's not going to be repeated again.

Looks like it's perfectly stable at 900... it's amazing how it has survived that massive selloff, I think it's clear that we are now going to keep smooth sailing around that area and then eventually we'll take off again for new heights, let's see how long that takes.

lionheart78

legendary

Activity: 2898

Merit: 1152

Quote from: ardacik on January 10, 2017, 08:12:47 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?

I check the price too but it does not stay at $890 - $900 in fact it goes up to $930+ and down lower thant $890. There maybe whales holding it according to some theory but we all know theory is theory and yet to be proven. I think it is a natural resistance and demand. There is always a fresh money coming from the new comers. Aside from that there are lots of networking company that demand Bitcoin to give them to their members.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

There was no reason for the rise to $1100 other than pure speculation, and the bubble popped.
$900 is an amazing price to be stable at right now.
The only people that are complaining are the ones that bought in at the absolute top, and even that won't be a terrible investment if you HODL for a few more years.
We will definitely see $1000+ at some point.

Arcteryx

hero member

Activity: 728

Merit: 500

EtherSphere - Social Games

Quote from: Dalida on January 10, 2017, 02:20:33 PM

What do you expect to happen to the value after trumps inauguration ?

People have said for weeks that it did not make a difference for the better with the price of bitcoin so what makes you think that this would?
We will see in 10 days from now if that agreement by the majority here still holds merit.
If it does go up on January 20th from where it lies now at $900 what will they have to say then? They were wrong? Roll Eyes

I for one think that their were other factors involved and that was not one of them because he don't acknowledge bitcoin at all.
He is old money and they stick together no matter what new money comes along because that is all they know and ever will know until they die.
Warren Buffet included.
He still thinks that bitcoin is a farce that should be eliminated before it gets to far and the people whom are using it gets scammed out of their life savings.

angaper

hero member

Activity: 966

Merit: 507

After periods of high volatility, it is quite normal to observe subsequent periods of relative calm. In "normal" markets (given that the altcoins market is significant different) it is generally assumed that prices move in stable ranges 80% of the time.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: kwukduck on January 10, 2017, 05:23:12 PM

There is nothing holding the price down. There is however big manipulation to try to keep the price artificially high to prevent the whole thing crumbling down. In the mean time big whales are cashing out.

Good to see you writing like a decent and understanding person instead of the hate you normally spew at people here on Bitcointalk.

Whales may very well slowly cash out at current levels, but the point is that there is still room for the price to come down like another $100 in the coming weeks.

That being said, right now the chances of going up or down are level where there is nothing that indicates a favor in a certain direction. It's purely 50/50 now.

Topic: Some power is like holding bitcoin price on 900 usd? - page 2. (Read 2729 times)