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Topic: touch down to 800$ is near - page 2. (Read 6838 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 26, 2016, 04:46:57 AM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+  Cheesy
that is an optimistic scenario. I don't mind if it happens, but the charts tell me something different. It will be good to see how we behave in the correction to check the new support levels.
hero member
Activity: 742
Merit: 526
December 26, 2016, 04:08:10 AM
Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.
Bitcoin is still quite a volatile asset, so a 20% correction wouldn't be something unusual. According to this article: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why Bitcoin's volatility is smaller than three years ago, but still one should be prepared for a solid correction, once it starts. At the moment the real correction hasn't started yet, we are still in the phase where bulls and bears are trying who is stronger. 

Bears have been heavily defeated at sub-800 levels. Everyone and his dog was predicting that bears would come out as downright winners. But they were proved wrong. Right now there is no strong resistance even at $900 level, the price easily crosses that barrier, which clearly shows that the permabears have surrendered for the most part at around $780-790 prices. There may be just not enough bulls to push the price a lot higher than $900. And that would mean greater volatility in the coming weeks.
hero member
Activity: 1946
Merit: 502
December 25, 2016, 09:06:35 PM
Touch down to 1000$ is next. So now i am believing that getting 1000$ anyrime this last days of december is real.
If bitcoin touch 1000$ before the year ends ,getting ath in 2017 could achieve.
legendary
Activity: 1414
Merit: 1001
December 25, 2016, 08:02:40 PM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+  Cheesy
bitcoin prices have penetrated 910USD. this time anything can happen. even dumping can happen quickly. we should be able to estimate the right time to predict movements in the price of bitcoin.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
December 25, 2016, 07:06:05 PM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+  Cheesy
hero member
Activity: 700
Merit: 500
Massive price drop coming...
December 25, 2016, 05:46:22 PM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
December 25, 2016, 05:23:55 PM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.
Bitcoin is still quite a volatile asset, so a 20% correction wouldn't be something unusual. According to this article: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why Bitcoin's volatility is smaller than three years ago, but still one should be prepared for a solid correction, once it starts. At the moment the real correction hasn't started yet, we are still in the phase where bulls and bears are trying who is stronger. 

A 20% correction would be swallowed up by all the hungry new users,if you are hoping to benefit from a possible flash crash thesedays you will need to get your money into the exchange and get ready to pull the trigger if it happens because I don't think it will last long if it even happens...
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 25, 2016, 04:45:06 PM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
legendary
Activity: 1512
Merit: 1041
December 25, 2016, 03:51:12 PM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 25, 2016, 03:10:33 PM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.
Bitcoin is still quite a volatile asset, so a 20% correction wouldn't be something unusual. According to this article: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why Bitcoin's volatility is smaller than three years ago, but still one should be prepared for a solid correction, once it starts. At the moment the real correction hasn't started yet, we are still in the phase where bulls and bears are trying who is stronger. 
hero member
Activity: 742
Merit: 526
December 25, 2016, 12:41:06 PM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.

If you ask me, it is not the right time now. The market seems to be very resilient to such efforts at the moment. What we saw might well have been some whale cashing out. I don't say that he might have wanted to purposefully crash the market, for example, to buy back way lower, but even if so, his efforts mostly failed. The price rebounded, and it seems to be on the way up all over again. On the other hand, I'm not a big whale or any whale at all, so take my word for what it's worth and with a grain of salt.
legendary
Activity: 1246
Merit: 1000
December 25, 2016, 08:17:46 AM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.
legendary
Activity: 2436
Merit: 1366
December 25, 2016, 07:57:33 AM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
hero member
Activity: 742
Merit: 526
December 25, 2016, 06:50:55 AM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

We are not there yet to make any definitive conclusion, to be honest. The price fall that we just witnessed may well have been a single big whale or a group of smaller whales cashing out. We should wait a few days and see if Bitcoin consolidates above the $800 level. If the price doesn't crash substantially below $800 and stays at that level for a few weeks just like it did with the +$750 level, then we could expect a next wave of demand overwhelming supply with prices surging to $1,000 per coin and hopefully above.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
December 25, 2016, 03:24:01 AM
$800 is gone everywhere, even in btc-e

What's the next barrier

More important: when will be corrections time and how hard will it be?

No one is selling except small holders, you wont see a correction until 2018 is my guess. Its just going to keep going up and up and up and up.

However, by yesterday itself Bitcoin touched the 820$. Hopefully will gonna see more value in future times and i guess this price pump will continue till the January end.

Yes!!! Bitcoin is increasing so fast every now and then, it is now $840, so lets wait altogether and have fun this coming Christmas for high value of bitcoin, and for sure we gonna reach now the $900 fast.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
December 24, 2016, 06:59:21 PM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
December 24, 2016, 06:28:20 PM
It just dropped back to $890. It needs consolidation.

The price is passing the $900 line then go down in a matter of hours from a while.
For the moment it is around $894, the best part is that the Chinese exchanges have always a price above $900 and the drop didn't went too deep so it is kinda reassuring  Smiley
newbie
Activity: 38
Merit: 0
December 24, 2016, 05:35:38 AM
Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
The price already been drop and back to 800 value and i think many people are actually satisfied what is the price right now they have no strong believe that the price could be hit at 1k value if that is happen that more people are not believing that the price could be hit to 1k value the price will drop if the price hit 900 value again soon.. if there is more people are investing..this part of increase and decrease price is just a normal the same movement of the price last year..

The price is still trading around $900. Where did you see that Bitcoin had dropped back to $800? There seems not to be too much sell pressure right now, therefore the price could easily surge another 100 dollars in a matter of a few days, if not overnight. Bears have been heavily beaten down at $780-790 price level, and what's left of them is likely preparing to fight again around $1,000. It is more about how much demand is left there which determines how high the price might go.

It just dropped back to $890. It needs consolidation.
hero member
Activity: 742
Merit: 526
December 24, 2016, 05:12:30 AM
Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
The price already been drop and back to 800 value and i think many people are actually satisfied what is the price right now they have no strong believe that the price could be hit at 1k value if that is happen that more people are not believing that the price could be hit to 1k value the price will drop if the price hit 900 value again soon.. if there is more people are investing..this part of increase and decrease price is just a normal the same movement of the price last year..

The price is still trading around $900. Where did you see that Bitcoin had dropped back to $800? There seems not to be too much sell pressure right now, therefore the price could easily surge another 100 dollars in a matter of a few days, if not overnight. Bears have been heavily beaten down at $780-790 price level, and what's left of them is likely preparing to fight again around $1,000. It is more about how much demand is left there which determines how high the price might go.
sr. member
Activity: 546
Merit: 257
December 23, 2016, 06:44:18 PM
We are already at our goal the next stop before the year ends is 950$. We only have 9 days to get that 950$ price. Because of this movement on the price we can achieved that price before 2017

Wow, that is really good. So i think we are having a good greetings to the new year. This new year must ne really good for the bitcoin users and other cryptocurrency.
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