sub 400 in 3.. 2.. 1... | Bitcointalksearch.org

LMGTFY

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Quote from: Kollor on March 24, 2016, 11:43:42 PM

This statements could create a panic.. Though it is still possible to go sub $400, just relax, it won't be too long at that price..Think of it as bitcoin is giving us a chance to buy at lower price and hoard... remember that when we buy and hold our coins, we are helping to lift the price higher...

I think that's Kwukduck's hope. Unfortunately Kwuk's become something of an institution as a contrarian indicator, and the usual response to Kwuk's dire pronouncements of impending doom is to assume that price will rise - which, of course, it has.

Kollor

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This statements could create a panic.. Though it is still possible to go sub $400, just relax, it won't be too long at that price..Think of it as bitcoin is giving us a chance to buy at lower price and hoard... remember that when we buy and hold our coins, we are helping to lift the price higher...

Pollak

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Quote from: uki on March 19, 2016, 02:57:16 AM

Quote from: kwukduck on March 18, 2016, 03:09:47 PM

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

If you make like twenty bearish calls, one of them should be spot on, just from pure probability theory. Now, can you tell which merchants stopped accepting Bitcoin and what were their volumes?

It will rise of course in the future and that is very good. But you dont know how fast it will rise and how long and that is the problem.
We all hope that it will also rise after the halving, but personally I dont think that it will happen.

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Quote from: romero121 on March 22, 2016, 10:12:33 AM

Its never gonna happen. Just after a long time recently the price touched the value of $410. Now it has crossed the $415. It will continue increasing in the coming days.

Never? The price is only sitting at $415 currently. It doesn't take a lot to dump through the buy orders to get the price to go below $400.

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Quote from: romero121 on March 22, 2016, 10:12:33 AM

Its never gonna happen. Just after a long time recently the price touched the value of $410. Now it has crossed the $415. It will continue increasing in the coming days.

sub $400 is not very far from now, though the price is moving up little by little, we are not so sure about its position yet,If it crosses $450 and stayed there, probably the sub $400 would be far enough..

uki

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Quote from: InvoKing on March 22, 2016, 06:00:12 AM

Quote from: kwukduck on March 18, 2016, 03:09:47 PM

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Kwukduck has spoken : we can expect a significant (20-30%) increase in the next weeks. And it will happens before the halving Wink

Yes, he has very good record as a contrarian indicator. It worked again.

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Its never gonna happen. Just after a long time recently the price touched the value of $410. Now it has crossed the $415. It will continue increasing in the coming days.

InvoKing

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Quote from: kwukduck on March 18, 2016, 03:09:47 PM

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Kwukduck has spoken : we can expect a significant (20-30%) increase in the next weeks. And it will happens before the halving Wink

uki

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Quote from: pissedoff on March 20, 2016, 06:12:16 AM

Quote from: lexuz on March 19, 2016, 06:35:28 AM

price goes slide down go to sub 400, i dont think so! we already see price down to $400 than will up again this is just a game because the price already set around $400-$420.

The bitcoin price has not gone below $400. The bitcoin market price as of now is $410 per coin.

If you are waiting to get some sub$400 coins, you should keep being patient. I am sure there will be some more deeps (shallow but still) below that level. but there are quite many keen buyers.

pissedoff

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Quote from: lexuz on March 19, 2016, 06:35:28 AM

price goes slide down go to sub 400, i dont think so! we already see price down to $400 than will up again this is just a game because the price already set around $400-$420.

The bitcoin price has not gone below $400. The bitcoin market price as of now is $410 per coin.

inca

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Quote from: kwukduck on March 18, 2016, 03:09:47 PM

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Hey, aren't you that fellow who sold his coins for only ten dollars? LOL

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price goes slide down go to sub 400, i dont think so! we already see price down to $400 than will up again this is just a game because the price already set around $400-$420.

1Referee

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Quote from: pissedoff on March 19, 2016, 03:56:40 AM

Quote from: 1Referee on March 19, 2016, 03:51:59 AM

Quote from: pissedoff on March 19, 2016, 03:29:03 AM

Quote from: 1Referee on March 19, 2016, 03:26:05 AM

3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

When the halving occurs the bitcoin price cannot go below $400 or mining will be unprofitable.

Never say never when it comes to Bitcoin. We first need to see the real impact of the black halving on the price. If not much will happen then the probability of the price going below $400 will still be there.

If the price does go below $400 mining will be unprofitable and many miners will quit. That will leave bitcoin transactions taking a long time to confirm for a few weeks.

I think if miners will leave, and the difficulty goes down as result, it will attract other miners which will make sure the difficulty goes up again. It will solve itself again. At this point we can only speculate at what's going to happen. Only time will tell what will actually happen this year after the block halving.

uki

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Quote from: pissedoff on March 19, 2016, 03:56:40 AM

Quote from: 1Referee on March 19, 2016, 03:51:59 AM

Quote from: pissedoff on March 19, 2016, 03:29:03 AM

Quote from: 1Referee on March 19, 2016, 03:26:05 AM

3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

When the halving occurs the bitcoin price cannot go below $400 or mining will be unprofitable.

Never say never when it comes to Bitcoin. We first need to see the real impact of the black halving on the price. If not much will happen then the probability of the price going below $400 will still be there.

If the price does go below $400 mining will be unprofitable and many miners will quit. That will leave bitcoin transactions taking a long time to confirm for a few weeks.

Miners who are not able to adjust will be out of business. The rest will be fixed by difficulty. No reason to cry about miners situation when the prices are low. They can stay low for longer than you think.

pissedoff

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Quote from: 1Referee on March 19, 2016, 03:51:59 AM

Quote from: pissedoff on March 19, 2016, 03:29:03 AM

Quote from: 1Referee on March 19, 2016, 03:26:05 AM

3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

When the halving occurs the bitcoin price cannot go below $400 or mining will be unprofitable.

Never say never when it comes to Bitcoin. We first need to see the real impact of the black halving on the price. If not much will happen then the probability of the price going below $400 will still be there.

If the price does go below $400 mining will be unprofitable and many miners will quit. That will leave bitcoin transactions taking a long time to confirm for a few weeks.

1Referee

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Quote from: pissedoff on March 19, 2016, 03:29:03 AM

Quote from: 1Referee on March 19, 2016, 03:26:05 AM

3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

When the halving occurs the bitcoin price cannot go below $400 or mining will be unprofitable.

Never say never when it comes to Bitcoin. We first need to see the real impact of the black halving on the price. If not much will happen then the probability of the price going below $400 will still be there.

uki

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Quote from: alani123 on March 19, 2016, 03:02:11 AM

There was a dump but I think we'll see the price trailing sideways before we see any decisive fall. There's some support right now and that already stopped the price form falling below 400, perhaps it'll keep like that for a while. Right now though, I don't think it would a good time to sort either. Those that bought close to 400 during the fall saw some quick profit but that's about it, not many interesting things happening.

we are in the horizontal channel $350-415 basically since the early January. There was one false breakout to the upside, but the run up failed short, because there are no arguments to go higher. As there are no arguments to go below $350.

pissedoff

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Quote from: 1Referee on March 19, 2016, 03:26:05 AM

3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

When the halving occurs the bitcoin price cannot go below $400 or mining will be unprofitable.

1Referee

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3...2...1... Oops, it didn't work out for you. Without kidding, there is indeed a possibility of the price to dive below $400, but that possibility was always there. It's not that it just showed up.

alani123

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There was a dump but I think we'll see the price trailing sideways before we see any decisive fall. There's some support right now and that already stopped the price form falling below 400, perhaps it'll keep like that for a while. Right now though, I don't think it would a good time to sort either. Those that bought close to 400 during the fall saw some quick profit but that's about it, not many interesting things happening.

Topic: sub 400 in 3.. 2.. 1... (Read 1969 times)