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Topic: That's it, $440 was the bottom. - page 2. (Read 2260 times)

sr. member
Activity: 266
Merit: 251
May 22, 2016, 11:16:53 PM
#29
Eh, anything could happen. We could hit $100, $250, or even 1k. It all depends on supply and demand.
legendary
Activity: 3472
Merit: 10611
May 22, 2016, 11:14:47 PM
#28
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
Bitfinex dropped even to $435.1 and I believe it will go even lower than that in the coming 24 hours.

Chinese exchanges however refuse to follow the downside road as they are like $7 to $8 higher than all other exchanges.
Imdidn't see it go to $435 as bitfinex is not a proper way to watch the price. I trust in bitstamp price to be a standard across all boards to go by.

Bitfinex is the top exchange that the majority of the people look at.

Bitstamp has lost a lot traders and interest from people as it is falling behind without stopping.

Just FYI, even Bitstamp touched $435 today.
So you are saying that I should be following the price that bitfinex is giving to sell my bitcoins for?

there will always be some differences between the price of bitcoin in different exchangers, you should choose an exchanger based on other things for example if they are legit or have good trade volume also based on their deposit and withdrawal methods for fiat.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
May 22, 2016, 07:01:33 PM
#27

So you are saying that I should be following the price that bitfinex is giving to sell my bitcoins for?

It all depends on the trading sites that you will execute your sell.

If you are in bitfinex then it's obvious you will follow the price there.

If you are in other exchange site or will use any services to convert  your bitcoin to fiat, it has it's own rate of bitcoin to usd exchange.
hero member
Activity: 1008
Merit: 1012
May 22, 2016, 06:50:44 PM
#26
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
Bitfinex dropped even to $435.1 and I believe it will go even lower than that in the coming 24 hours.

Chinese exchanges however refuse to follow the downside road as they are like $7 to $8 higher than all other exchanges.
Imdidn't see it go to $435 as bitfinex is not a proper way to watch the price. I trust in bitstamp price to be a standard across all boards to go by.

Bitfinex is the top exchange that the majority of the people look at.

Bitstamp has lost a lot traders and interest from people as it is falling behind without stopping.

Just FYI, even Bitstamp touched $435 today.
So you are saying that I should be following the price that bitfinex is giving to sell my bitcoins for?
legendary
Activity: 1526
Merit: 1179
May 22, 2016, 05:50:48 PM
#25
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
Bitfinex dropped even to $435.1 and I believe it will go even lower than that in the coming 24 hours.

Chinese exchanges however refuse to follow the downside road as they are like $7 to $8 higher than all other exchanges.
Imdidn't see it go to $435 as bitfinex is not a proper way to watch the price. I trust in bitstamp price to be a standard across all boards to go by.

Bitfinex is the top exchange that the majority of the people look at.

Bitstamp has lost a lot traders and interest from people as it is falling behind without stopping.

Just FYI, even Bitstamp touched $435 today.
hero member
Activity: 966
Merit: 507
May 22, 2016, 05:27:03 PM
#24
Bye bye, 440, be welcome 430! But 400, you are the next invited to this party! Now the question is what is going to be the next support level. I have read about $200 again! It might occur? It's just a matter of time.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
May 22, 2016, 05:20:39 PM
#23
Price is back to 440 but for how long? At this moment it doesn't seem it will hold that price long if you ask me. Before the end of the week the price will be at least back to 430.
That is offcourse if we can't manage to have enough buy support.

Just browse through the various orderbooks of the major exchanges. You'll see that there is no buy support at all anywhere near the current prices.

This is needed to get the price back to $400 on various exchanges.

Bitfinex ~6500BTC
Bitstamp ~2600BTC
BTC-E ~2800BTC
So you see it going back to $400 from this information given to you by the other exchanges?
I just don't see it. If they can also give a time when this is happening that would be more useful too.
legendary
Activity: 2170
Merit: 1427
May 22, 2016, 04:57:15 PM
#22
Price is back to 440 but for how long? At this moment it doesn't seem it will hold that price long if you ask me. Before the end of the week the price will be at least back to 430.
That is offcourse if we can't manage to have enough buy support.

Just browse through the various orderbooks of the major exchanges. You'll see that there is no buy support at all anywhere near the current prices.

This is needed to get the price back to $400 on various exchanges.

Bitfinex ~6500BTC
Bitstamp ~2600BTC
BTC-E ~2800BTC
hero member
Activity: 1008
Merit: 1012
May 22, 2016, 04:55:33 PM
#21
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
Bitfinex dropped even to $435.1 and I believe it will go even lower than that in the coming 24 hours.

Chinese exchanges however refuse to follow the downside road as they are like $7 to $8 higher than all other exchanges.
I didn't see it go to $435 as bitfinex is not a proper way to watch the price. I trust in bitstamp price to be a standard across all boards to go by.
hero member
Activity: 714
Merit: 500
May 22, 2016, 04:51:07 PM
#20
Price is back to 440 but for how long? At this moment it doesn't seem it will hold that price long if you ask me. Before the end of the week the price will be at least back to 430.
That is offcourse if we can't manage to have enough buy support.
hero member
Activity: 770
Merit: 500
May 22, 2016, 03:34:30 PM
#19
Bye bye $440's.
thats true in my opinion, bitcoin price will be way much higher pretty soon and it will surely reach new heights during the upcoming 2 months or so as the block reward halving will happen

in my opinion the bitcoin price might even reach the new all time high this year because people will surely hope to jump in and start making as much money as possible
legendary
Activity: 1526
Merit: 1179
May 22, 2016, 03:01:14 PM
#18
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
Bitfinex dropped even to $435.1 and I believe it will go even lower than that in the coming 24 hours.

Chinese exchanges however refuse to follow the downside road as they are like $7 to $8 higher than all other exchanges.
hero member
Activity: 952
Merit: 1000
May 22, 2016, 02:40:17 PM
#17
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry



We don't need to worry even if price drops, as in coming time price  will start to move up, and having will take price to a higher level.
hero member
Activity: 1008
Merit: 1012
May 22, 2016, 02:30:01 PM
#16
It coming closer now to that. Last I looked it dropped $2. I think for the weekend perhaps. Lets hope it is that  Undecided
So it is $437  Cry
newbie
Activity: 56
Merit: 0
legendary
Activity: 1526
Merit: 1003
May 22, 2016, 02:04:33 PM
#14
This is called one step back before next jump.I think it is quite possible to see a temporary price of under 440 $ which will be last time under this level.Once it will begin to rise again then 440 $ will be part of history and will be remembered as bottom.I think it is normal up/down before boost.
legendary
Activity: 1442
Merit: 1016
May 22, 2016, 01:19:55 PM
#13
the price right now is under $440 in some exchanges. I do not understand why there is a big gap between bitfiniex and coinbase now (more than $10) ! but I do not consider the price break the level except it does in all major exchanges

Coinbase has a very low volume.Therefore this exchange is not really relevant.
Bitstamp, Bitfinex, Kraken, and the chinese exchanges are the ones you have to look at.
Possible that we could go down to $430 to $435. But Eth is almost at the top imo. These are the last attempts to shake out the weak hands.If you sell your BTC now and switch to Eth your would be really dumb. If you have some spare money left this might be a good opportunity to buy a bit more Bitcoin!
hero member
Activity: 574
Merit: 500
May 22, 2016, 12:28:41 PM
#12
the price right now is under $440 in some exchanges. I do not understand why there is a big gap between bitfiniex and coinbase now (more than $10) ! but I do not consider the price break the level except it does in all major exchanges
hero member
Activity: 994
Merit: 500
May 22, 2016, 12:25:27 PM
#11
Well I have to eat those words since we are there again  Undecided
But it is not going down it is just staying right at $440 so that is the bottom  Cheesy

$440 has never been a bottom. even $400 isn't a real bottom. people like to think that the price will never go below a certain price level because they are invested. i am sure that if they look at things from a realistic point of view that they will realize that there is barely anything keeping the price away from sub $400 prices, even now. literally no price level is safe. and even if some price levels get "supported" with solid buy order created by bots, it's not what it seems. bots will in 99% of the times pull back their support as soon as the price comes very close to their trigger levels.
You are quite right as I just checked it is $439 so that $440 bottom that I just said only an hour ago has just crumbled. So I agree with you. No price is safe at this time.
legendary
Activity: 896
Merit: 1000
May 22, 2016, 12:19:34 PM
#10
Well I have to eat those words since we are there again  Undecided
But it is not going down it is just staying right at $440 so that is the bottom  Cheesy

$440 has never been a bottom. even $400 isn't a real bottom. people like to think that the price will never go below a certain price level because they are invested. i am sure that if they look at things from a realistic point of view that they will realize that there is barely anything keeping the price away from sub $400 prices, even now. literally no price level is safe. and even if some price levels get "supported" with solid buy order created by bots, it's not what it seems. bots will in 99% of the times pull back their support as soon as the price comes very close to their trigger levels.
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