The Drop | Bitcointalksearch.org

serjent05

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Quote from: Shiroslullaby on October 28, 2016, 04:51:08 PM

I don't believe this is a bubble, so even if the price comes down, it shouldn't drop more than $5-10 dollars at a time.
I believe we will have a slow and steady increase into the $700-750 range.

Same here i don't think that this increase is some kind of a bubble. I think it is a natural growth. It takes sometimes afte the bitfinex hack before it rebounds back to 700 USD. After reaching 700 USD i don't think that bitcoin will have a huge drop in price. It may revisit 680 USD or 650 USD, but i doubt it will go back lower than 600 USD.

Shiroslullaby

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I don't believe this is a bubble, so even if the price comes down, it shouldn't drop more than $5-10 dollars at a time.
I believe we will have a slow and steady increase into the $700-750 range.

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Quote from: sillug on October 27, 2016, 03:59:05 PM

For me, there was the ATH bubble, the November 2015 and the June 2016. I wasn't aware of the other ones, as him probably.

The June 2011 bubble was the granddaddy of all Bitcoin bubbles. It was perhaps a defining moment in Bitcoin being taken seriously. After finally achieving parity with the USD a few months earlier, its rapid ascent to over $30 opened a few eyes.

The April 2013 bubble was pretty big too. After the 2011 bubble deflated and over a year was spent in $5-10 limbo, Bitcoin came roaring back with a vengeance. Now we knew it wasn't a one hit wonder. Sure enough, by November it had done it again, this time to a new (and current) ATH.

STT

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You cant go on price alone, its usually volume that gives most significance to a price. This is hard to collect as we have so many exchanges but its probably worth collating the data. The quick alternative to find volume is that it often centres around news events like mtgox stopping and other such things. This will represent resistance like a ceiling or bar you hit your head on, forcing price down as sellers come in.
The chinese attribute 888 as lucky for example I think, so any price can become a big point. 666 was the stockmarket bottom price, a few traders typed that in as a buy apparently

ask

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We are all 100% sure that price will go up...

Price will drop. Soon. Hard.

serjent05

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Quote from: Taki on October 28, 2016, 04:03:12 AM

Quote from: Adamsmit556 on October 27, 2016, 02:07:03 AM

If bitcoin value exceeds 700$, what is the price before fall?

I Also think that if the price for bitcoin will reach the point of 700$ the drop may not happen. Today the price is really close to the point but who knows what is going to be next. I think the only thing that may happen is that bitcoin price will get frozen around this 700 $ level as it was with it's previouse with getting frozen on the price around 600$.

This is what im thinking too. IF bitcoin reach the barrier of 700 USD, then it will be it's next floor and start climbing 800 USD. fall back from the climb can be around 700 usd but as long as there is no bad press to occur, bitcoin will steadily increase in price value until it hit its new ATH by the end of 2017.

Taki

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Quote from: Adamsmit556 on October 27, 2016, 02:07:03 AM

If bitcoin value exceeds 700$, what is the price before fall?

I Also think that if the price for bitcoin will reach the point of 700$ the drop may not happen. Today the price is really close to the point but who knows what is going to be next. I think the only thing that may happen is that bitcoin price will get frozen around this 700 $ level as it was with it's previouse with getting frozen on the price around 600$.

TheGodFather

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Quote from: Adamsmit556 on October 27, 2016, 02:07:03 AM

If bitcoin value exceeds 700$, what is the price before fall?

With that price of bitcoin and if the bitcoin exceeds into $700 and up maybe because it just because may people now adays are needs bitcoin to trade and needs bitcoin to worth there money for nowadays trading is just simple to grow money with bitcoin and i don't think that there's a chance that bitcoin will fall.

TeeBone

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Quote from: TERA on October 28, 2016, 02:36:20 AM

I see a few potential drops:
1. A drop from $685 to $650
2. A drop from $750 to $685
3. A drop from $1050 to $800
4. A drop from $5000 to $1800

Way to go out on a limb..

TERA

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I see a few potential drops:
1. A drop from $685 to $650
2. A drop from $750 to $685
3. A drop from $1050 to $800
4. A drop from $5000 to $1800

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Quote from: Adamsmit556 on October 27, 2016, 02:07:03 AM

If bitcoin value exceeds 700$, what is the price before fall?

I think you are asking about price correction but i don't think price will be corrected just after it cross $700 and if does, it will be not more than 10-20$ dumps.

This uptrend seem really promising and surprising, price is not getting corrected yet after several 10-20$ pumps within this week, so a small correction is likely.

Doms

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At the rate things are going, we could be exceeding $700 and higher before another correction takes place. The price seems to be breaking new resistances everyday and as long as more people start to buy at these levels, hoping to ride the wave, this can go on until we reach a new high this 2016. We all know that there were a lot who bought at above $700 before and at this time, they have yet to make any profits.

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Quote from: European Central Bank on October 27, 2016, 04:06:58 PM

Quote from: sillug on October 27, 2016, 04:05:25 PM

We're at 682$, not 666$, so why are you saying that ? It seems I've missed something Huh

.

that'll be when the price drops back and settles for a while after the current excitement. 666 has some magnetic attraction for periods of time.

I confirm. I've already saw that, and some people tend to associate some I don't what with that number.

European Central Bank

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Quote from: sillug on October 27, 2016, 04:05:25 PM

We're at 682$, not 666$, so why are you saying that ? It seems I've missed something Huh

.

that'll be when the price drops back and settles for a while after the current excitement. 666 has some magnetic attraction for periods of time.

sillug

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Quote from: European Central Bank on October 27, 2016, 04:04:10 PM

it's gonna be 66 freaking 6 and everyone knows it. i'm bored of this number now. it would be great to know that one day it's been left behind forever barring disaster.

We're at 682$, not 666$, so why are you saying that ? It seems I've missed something Huh

.

European Central Bank

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it's gonna be 66 freaking 6 and everyone knows it. i'm bored of this number now. it would be great to know that one day it's been left behind forever barring disaster.

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Quote from: JimboToronto on October 27, 2016, 11:26:39 AM

Quote from: ekoice on October 27, 2016, 06:00:34 AM

I hope it could be the fourth bubble.

4th bubble? The first was obviously the great bubble of June 2011. Then there were the two lesser bubbles of March and November 2013.

Don't you count November 2015 and June 2016 as bubbles?

For me, there was the ATH bubble, the November 2015 and the June 2016. I wasn't aware of the other ones, as him probably.

saiha

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Quote from: Adamsmit556 on October 27, 2016, 02:07:03 AM

If bitcoin value exceeds 700$, what is the price before fall?

I don't think that the price will fall lower than $650 and if the price exceeds to $700 that is not enough I am thinking that it can even reach up to $800

But I am more hopeful that it can be stable already $700 already and won't fall either. But I am expecting that there would be downfall.

Noting that it will come but not with too much fall.

JimboToronto

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Quote from: ekoice on October 27, 2016, 06:00:34 AM

I hope it could be the fourth bubble.

4th bubble? The first was obviously the great bubble of June 2011. Then there were the two lesser bubbles of March and November 2013.

Don't you count November 2015 and June 2016 as bubbles?

azguard

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Quote from: Ted E. Bare on October 27, 2016, 02:49:37 AM

$680 Will become the new support level in my opinion. There's not much of a drop to be expected anytime soon.

im thinking that it will be 700$ level for support i mean this price is waited for long time so think that it will next to keep on
maybe it will be 680-700 range for next stable value but i my estimate will remain to at 700

Topic: The Drop (Read 1965 times)