Quote from: Ulloa on March 27, 2016, 08:55:35 AM

Quote from: Hashminers on March 06, 2016, 10:39:21 PM

Quote from: uki on March 06, 2016, 09:51:00 PM

Quote from: Mickeyb on March 06, 2016, 06:25:08 PM

Quote from: MaritiJames3 on March 06, 2016, 06:17:20 PM

350 is the new low. I've seen the price go down a few times. But it did not pass the 350 mark.
Which means it's a low with some good buy support.

We'll see about that in a few weeks. I expect it to drop down by at least $50 when its dumped later on

$350 has been a solid bottom since the last November pump. That is already something, and as mentioned it has been tested as a support twice or three times already, with relatively negative set of news (Mike leaving Bitcoin for good, Cryptsy going out of business, etc.). therefore I think, at least until halving we should hold $350 as a bottom. Later on, with the disappointment with price action on halving, the situation may change, and I don't exclude sub-$350 prices.

Well the price did sail for weeks around the 320 border. Which is a pretty good low for me. From 200 to 250 to 320.
This is what i can call steady progress. Let's see and find out if the new support is 400 dollar.

Indeed 350 is very low for the bottom, I hope that only 400 will be the bottom for Bitcoin, so it will not fall down that much.
You can also see that the value is now a bit stable so that is quite okay for Bitcoin, but we are of course waiting for a price increase.

even if the price goes below $400, that is going to be extremely temporary.

so it might go down because of a dump in order to create a chance for buying more by traders but it will come back up fast.