Under 570 $ we go down again | Bitcointalksearch.org

fravia

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Quote from: ashkanb on August 04, 2016, 06:42:36 PM

Quote from: 155UE on August 04, 2016, 06:35:34 PM

-snip-
I am thinking it will reach above $600 by morning and surpass $650 once the weekend is over.
-snip-

it was around the $650 when all hell broke loose;
i do see it going past $600 (~~probably even ~$620-sh~~) (not sure how or why, there's yet to be any news post hack that would have a positive effect but it's happening because markets!)
but $650 range... it'd be too high; by all means i'll be glad to see it happen tho. Roll Eyes

it wouldnt be to high, i think the price might hit 1000 dollars and it would still be not too high, the price should be growing now like crazy because of adoption

miayama

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Quote from: 20kevin20 on August 05, 2016, 02:05:35 AM

Quote from: peta4e on August 05, 2016, 02:02:22 AM

Quote from: talks_cheep on August 04, 2016, 09:43:24 PM

In bitcoin, the market support is a constantly moving target, it never stays at one level, remember when they said there was a strong support at 600? What happened to it? It got eaten up and got mowed down. Everyone's telling me there's a strong support at 570, I say the he11 with it, I'm selling half of my coins now at 595, we will see if the current state of the market can support a slow rising or not. I don't think so, we will see 500 again, soon.

Price may fall in coming days, but if you are a true believer of bitcoin then I think you need to hold it at least for next 1 year to earn good profits from it.

Everyone just holding the money is a mistake. I am doing it, but I'm just trying to save as much as I can with the help of my signature campaign. We need transactions, we need to buy BTC. We don't need idling wallets.

I hold most of my coins. I will spend some to buy goods or services. Then I will buy back bitcoin when price is low.

20kevin20

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Quote from: peta4e on August 05, 2016, 02:02:22 AM

Quote from: talks_cheep on August 04, 2016, 09:43:24 PM

In bitcoin, the market support is a constantly moving target, it never stays at one level, remember when they said there was a strong support at 600? What happened to it? It got eaten up and got mowed down. Everyone's telling me there's a strong support at 570, I say the he11 with it, I'm selling half of my coins now at 595, we will see if the current state of the market can support a slow rising or not. I don't think so, we will see 500 again, soon.

Price may fall in coming days, but if you are a true believer of bitcoin then I think you need to hold it at least for next 1 year to earn good profits from it.

Everyone just holding the money is a mistake. I am doing it, but I'm just trying to save as much as I can with the help of my signature campaign. We need transactions, we need to buy BTC. We don't need idling wallets.

peta4e

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Quote from: talks_cheep on August 04, 2016, 09:43:24 PM

In bitcoin, the market support is a constantly moving target, it never stays at one level, remember when they said there was a strong support at 600? What happened to it? It got eaten up and got mowed down. Everyone's telling me there's a strong support at 570, I say the he11 with it, I'm selling half of my coins now at 595, we will see if the current state of the market can support a slow rising or not. I don't think so, we will see 500 again, soon.

Price may fall in coming days, but if you are a true believer of bitcoin then I think you need to hold it at least for next 1 year to earn good profits from it.

BiTiB.eu

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Quote from: useless4 on August 04, 2016, 05:07:43 PM

Quote from: BiTiB.eu on August 04, 2016, 11:31:03 AM

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$ will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

is that just an advertisement for a website? i dont think that the price is going to stay so low, the only way right now is to go up in the future

No. No need to advertise here. I think that losing 600$ was not a good signal . Now everyone is free to decide what to do. I follow market

talks_cheep

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In bitcoin, the market support is a constantly moving target, it never stays at one level, remember when they said there was a strong support at 600? What happened to it? It got eaten up and got mowed down. Everyone's telling me there's a strong support at 570, I say the he11 with it, I'm selling half of my coins now at 595, we will see if the current state of the market can support a slow rising or not. I don't think so, we will see 500 again, soon.

Zooplus

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Not anymore dude, the price is going back to $600 and I am very optimistic it will happen this month, the price fall back was done and the new day is for the investor to enjoy their profit from the amount of bitcoins they have bought when the price fall hard in the past days. I just really see those times as an opportunity to buy and I am thankful I was able to grab some.

ashkanb

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Quote from: 155UE on August 04, 2016, 06:35:34 PM

-snip-
I am thinking it will reach above $600 by morning and surpass $650 once the weekend is over.
-snip-

it was around the $650 when all hell broke loose;
i do see it going past $600 (~~probably even ~$620-sh~~) (not sure how or why, there's yet to be any news post hack that would have a positive effect but it's happening because markets!)
but $650 range... it'd be too high; by all means i'll be glad to see it happen tho. Roll Eyes

155UE

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Quote from: BiTiB.eu on August 04, 2016, 01:25:00 PM

I'm quite sure that we test 550 in late night -early morning

It has tested and surpassed that mark already.
You got another for this evening at $580 and the morning will be now?
I am thinking it will reach above $600 by morning and surpass $650 once the weekend is over.
I could be wrong though. Undecided

purebitco

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Quote from: BiTiB.eu on August 04, 2016, 11:31:03 AM

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$ will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

the price will not go down that much, people are rebuying their bitcoins right now and we shouldnt be too much concerned about it in order to buy bitcoins

useless4

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Quote from: BiTiB.eu on August 04, 2016, 11:31:03 AM

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$ will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

is that just an advertisement for a website? i dont think that the price is going to stay so low, the only way right now is to go up in the future

Doamader

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Well i believe bitcoin may hit the 700 dollars till end the year, if it will be able to cross those value and reach the 800 dollars its another question. Bitcoin is just reacting to the recent hacker attack, and maybe those attack is already dumping the coins in small portions making bitcoin crash.

Supercrypt

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Quote from: Tanic on August 04, 2016, 01:58:46 PM

I am sure that the price for bitcoin will come back on the same level like before Bitfinex hack, now it is 569$ per 1 BTC. No reason for panic, but people who wish to earn on price difference they have to catch this moment to buy bitcoins, it's gonna be sure method to earn.

Yes, bounce from here is inevitable. This must be a better chance to buy more bitcoin as you might get chances to double your money by end of this year or might get chance to earn 30% to 50$ in very quick time like in weeks.

Yes, I am sure within this August month, we are going to see bitcoin prices testing $800 price levels regardless of recent exchange hacks or anything else.

PsursV

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yes that is fact that the price are unexpectedly down because of some bad news about an exchange, but it is a temporary downfall and hope that the price of bitcoin is now raising again because people regained the confidence of bitcoin and hope that this time the price of bitcoin is going to cross the 1200 level very easily.

Tanic

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I am sure that the price for bitcoin will come back on the same level like before Bitfinex hack, now it is 569$ per 1 BTC. No reason for panic, but people who wish to earn on price difference they have to catch this moment to buy bitcoins, it's gonna be sure method to earn.

Bestwishes745

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Quote from: Lionidas on August 04, 2016, 11:34:41 AM

No not really Undecided

I see it as a steady climb upwards. It is $572 now and I see it going up by the end of the day to $580~ish again. It still is time to buy though before it does. Tongue

Yeah, the price is now better , we are once again going to upward, it was only a smaller dump for a shorter time because of bitfinex hack, bitcoin is a stronger currency with a bigger market cap and any of its drop will not be a permanent dump but will recover to higher sooner.

BiTiB.eu

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I'm quite sure that we test 550 in late night -early morning

extrabyte

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With the recent moves of bitcoin price seems that the average today is ~$570 and so will probably be for the next few days. We hope that bitfinex will find the hacker through their blockchain specialist/analyzers and return the stolen bitcoin.

European Central Bank

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there's not much point declaring anything until what bitfinex intend to do is a little clearer. and then we might find out what their customers intend to do if they try to wriggle out of doing anything to compensate losses.

this ain't a very encouraging sign - https://www.reddit.com/r/Bitcoin/comments/4w2xgr/bitfinex_margin_funding_insurance/d645vjg

Bit_Happy

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A Great Time to Start Something!

Quote from: BiTiB.eu on August 04, 2016, 11:31:03 AM

Look at the price:

1) 1° support is 570$
2) If 1° support is lost, probably goes arond 545-550 $ (2° support)
3) Under 540$ will go for test 500$
4) Bull signal only over 600$

www.bitib.eu
Forex & Portfolio Manager

Do not buy "Under 540$" (since it will go lower), but make sure you do buy on a "Bull signal only over 600$" ...?
I understand the "signals", but short-term traders can (slowly and steadily) make a fortune off of doing the opposite.

Topic: Under 570 $ we go down again (Read 1140 times)