Time to buy back up! - page 3. | Bitcointalksearch.org

BitHodler

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Quote from: JosNekoKopa on February 11, 2017, 05:49:58 AM

Strange situation, going up but everything smells like a good old dump. I thinking to exit at this point and to wait. Price is recovered but on glass legs. In long term i'm expecting rise of course, in short 900$ looks like good position for buy orders.

There is absolutely no confidence when the price sits above the $1000 mark, which is exactly the reason we will continue to see the price hover below and above $1000 for a longer while.

If you know how to exploit these market movements, then I say go for it and ride the market while people remain uncertain about what to do or think.

For now I don't see much reason for the price to take a dive all the way to $900 in the coming days/weeks as I believe $950-$1050 will be the range. I personally keep holding. No cashing out, no buying back.

Vaccinus

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Quote from: JosNekoKopa on February 11, 2017, 05:49:58 AM

Strange situation, going up but everything smells like a good old dump. I thinking to exit at this point and to wait. Price is recovered but on glass legs. In long term i'm expecting rise of course, in short 900$ looks like good position for buy orders.

i see the price is recovering quickly heading to $1000 again, $1000+ should be hit very easy after chinese will fix their problem with their exchange

Quote from: angaper on February 10, 2017, 06:31:42 PM

it is a bit disappointing to see the bitcoin becoming a pump and dump scheme so easy to be manipulated according to the interest of speculators. How could I recommend this option to invest when its value can oscillate so much in a couple of days?

but this isn't something new it was always like, imho it's not about manipulation it's because the marketcap is very low, only few people use bitcoin worldwide, you have an estimate 1 million versus 7 billions still missing, and this can make the value fluctuate a lot

talkbitcoin

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Quote from: JosNekoKopa on February 11, 2017, 05:49:58 AM

Strange situation, going up but everything smells like a good old dump. I thinking to exit at this point and to wait. Price is recovered but on glass legs. In long term i'm expecting rise of course, in short 900$ looks like good position for buy orders.

in the beginning of all this when everything was looking bad and you could see a new FUD topic in this board every 5 minutes price only went down to $930ish and jumped back up to $950 and became stable, there is no way it can go as low as $900 at this point.

and although i disagree with your term of calling it on glass legs, i think it may stay volatile for a while but certainly not as much as you think...

JosNekoKopa

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Strange situation, going up but everything smells like a good old dump. I thinking to exit at this point and to wait. Price is recovered but on glass legs. In long term i'm expecting rise of course, in short 900$ looks like good position for buy orders.

numismatist

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Quote from: Okurkabinladin on February 10, 2017, 12:35:15 PM

Mr. OP,

your entire thread is borderline trolling and you will be ridiculed for starting it in such happy go lucky way in due time. Technical analysis or news do not support your Über-Bull position.

Sincerely,

Your common sense.

oh man, bulls are always bulls regardless of what happens outsides of the filter bubble.
If you are going back in time 50 days you will see there is 900 dollars as a sustainable level now.
The magical thousands are always only crossings, sometimes icebergs above but most of the times not.

1000 sell, 900 buy, simple

jossiel

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Quote from: ProfessionalGoogler on February 10, 2017, 06:02:10 AM

Quote from: jossiel on February 10, 2017, 05:55:30 AM

Quote from: ProfessionalGoogler on February 09, 2017, 10:30:26 AM

Up up up.. pop pop pop.. Up up up.. pop pop pop..

Nothing new to see here, business as usual.

Well yeah, business as usual as always for those greediest people in the world, the Chinese traders. And PBoC is really implementing it's business principles with bitcoin.

Quote from: ProfessionalGoogler on February 09, 2017, 10:30:26 AM

China no longer has real impacts on Bitcoin -- we growing too big. Kiss

They do have real impact and they will not let themselves on the last line when it comes to money matters. Grin

They HAD real impact, not any longer.

Sure they have impact, but not like before.

I don't think that the impact has changed because Chinese people will always be greedy and it is not going to change.

And they are one of the biggest movers of bitcoins price and that's for real. So I really can't see that the impact will change.

Pursuer

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Quote from: Palodar on February 11, 2017, 02:01:10 AM

Quote from: aardvark15 on February 10, 2017, 09:15:09 PM

I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

Maybe a 900$ drops is possible if chinese didn't fix their issue immediately, they are major contributor on volume of bitcoin that's why price of bitcoin is really hurting once their economy been down.
I think there is a hidden agenda relating to these occurrences.

you are wrong about Chinese volume and them having a "major contribution"! it has been proven that their volume was fake ever since they started working with their Public Bank of China. you can clearly see the drastic fall in their volume proving my point.

also if that were true, then price would have stayed low. but instead if you check the price right now you can see we are already back to $1000+ on bitfinex and other exchanges.

with that said, it is still possible to see $900 but it will require some big bad news which will like always be mostly FUD and panic sellers. and in the long run we are back to above $1000 in no time.

Palodar

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Quote from: aardvark15 on February 10, 2017, 09:15:09 PM

I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

Maybe a 900$ drops is possible if chinese didn't fix their issue immediately, they are major contributor on volume of bitcoin that's why price of bitcoin is really hurting once their economy been down.
I think there is a hidden agenda relating to these occurrences.

asriloni

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Quote from: pitham1 on February 10, 2017, 06:20:04 PM

Quote from: JosNekoKopa on February 10, 2017, 12:07:09 PM

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

A few of the Chinese did panic and that is the reason the price dipped. But what should make us happy is that Bitcoin has just shrugged it off and we have resumed our upward trend. Business as usual.

PBOC = Nothing right now, the price of bitcoin sill steady above $1000 and fully of the newest bitcoin news about massive adoption of bitcoin by the various caste.

The Sceptical Chymist

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Quote from: CyberKuro on February 09, 2017, 11:20:38 AM

Why many users here always blame Chinese in every dip Huh

Those Chinese certainly are an easy scapegoat, but I think the last drop was probably because of that PBOC thing (which I don't fully understand). Or it could have been a really nice coincidence, who knows.

This volatility is about as crazy as its always been. I'm not sure if it's a buying opportunity or what, so I'm just going to stay in the stock market for now. No volatility there! [/s]

RoommateAgreement

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Bazinga!

i believe price of bitcoin will stay volatile for a while, maybe even 2 weeks and price will be crazy because of the Chinese ~~news~~ FUD and after a very nice and large scale shakeout then there will be a rise to $1100 this time.

cpfreeplz

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Well we've been fairly steady the past 48h or so. I mean a couple $40 jumps here and there but we ended up back where we started. It seems to be calling back down around $1300CAD idk what that is US, almost $1000?

aardvark15

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I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

BitHodler

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Quote from: angaper on February 10, 2017, 06:31:42 PM

it is a bit disappointing to see the bitcoin becoming a pump and dump scheme so easy to be manipulated according to the interest of speculators. How could I recommend this option to invest when its value can oscillate so much in a couple of days?

Bitcoin has been subject to pumps and dumps since its first exchange listing. I don't see how anyone would not want to invest in Bitcoin with all its fluctuations.

Fluctuations make Bitcoin a more than interesting speculative investment option where it lends itself perfectly for both long and short term investments.

If you look at the charts from the last few years, then it's clearly visible that the price has gone through a roller coaster, but if you discard the pumps and dumps, then you'll notice solid growth.

angaper

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it is a bit disappointing to see the bitcoin becoming a pump and dump scheme so easy to be manipulated according to the interest of speculators. How could I recommend this option to invest when its value can oscillate so much in a couple of days?

pitham1

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Quote from: JosNekoKopa on February 10, 2017, 12:07:09 PM

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

A few of the Chinese did panic and that is the reason the price dipped. But what should make us happy is that Bitcoin has just shrugged it off and we have resumed our upward trend. Business as usual.

richardsNY

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Quote from: JosNekoKopa on February 10, 2017, 12:07:09 PM

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

Current situation is nothing new. Back then when the price was sitting at the $300's we were basically talking about the same manipulation stuff, and look where we are right now. I am sure that we will look back at current prices the same way when we are nearly touching $2000 at some point in the future. Important is that you can look back satisfied and not disappointed that you didn't buy at the prices back then.

Okurkabinladin

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Mr. OP,

your entire thread is borderline trolling and you will be ridiculed for starting it in such happy go lucky way in due time. Technical analysis or news do not support your Über-Bull position.

Sincerely,

Your common sense.

helloeverybody

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Quote from: Red-Apple on February 10, 2017, 08:07:19 AM

Quote from: dhampir-D on February 10, 2017, 07:52:02 AM

Quote from: error08 on February 10, 2017, 07:33:59 AM

Quote from: Sundark on February 10, 2017, 05:24:52 AM

Just remember - "The time to buy is when there's blood in the streets."

It will be just like the last time after PBoC intervention, when dust will settle Bitcoin will start to climb again.

And this time we will have even more positive news to back rising trend! Coin ETF will shake the market in March!!!

Somehow this current price make me happy, every dip to buy, getting decline is better than keep climbing.
I hope we can buy more bitcoin at cheaper price such as $700-800 Grin

. It will give an opportunity for new users and investors to purchase bitcoin and we will start to rise again.

I'm sure a lot of people do not like when such an event occurs, but the upside is that it will be easier for Bitcoin to reach the oversold condition after that, and then Bitcoin will be able to climb again stronger and at a more organic pace.

only those who have recently bought bitcoin would dislike a drop. because when you look at the overall change of price, it has always been rising except the times when there is a bubble, or mini bubble and it bursts.
the rest are always happy because when you buy at least a month and more back you are still in profit and can think more clearly and see the future rise.

I recently bought back in after the drop and it still hasnt really recovered past what i bought it at since i had to pay over spot in order to buy any but if we had a big drop i cant say i would be too bothered. I bought a little because we had a small drop, If we got a big drop then chances are i would splash out and buy a good bit more. No matter what price i buy in at i think its expensive but its all relative to whatever todays prices are.

Kevin77

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Quote from: JosNekoKopa on February 10, 2017, 12:07:09 PM

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

When there would be enough demand from rest of world, we never need to worry about how many bitcoins China is holding. Yes our faith on bitcoin matters, that brings the enthusiasm. The recent dump is not just because of Chinese dump but the root cause is few Chinese exchanges stopped bitcoin withdrawals.

All the dumps are just an entry for us. Maybe next time we may encounter similar market situations like when a whale books his profits and there will be an another Joe will be catching the train. No worries, we are just toward moon !

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