Post
Topic
Board Speculation
Re: $350 will be the bottom
by
BlueStackz
on 21/04/2016, 20:49:35 UTC
Yeah it is around this amount for a while now. I hope that it can go down a bit so that I and other people can buy some Bitcoins. If the price goes up not many poeple will be able to buy Bitcoins.

Yeah, $350 is the new bottom right now..Buy time at above $350 is over,.. The price is just circling around $400...So everyone should take advantage of the price now as we are expecting a more upward movement of the price...We should buy now if we can as we are only 2 months to halving...

The price is mainly above the $400 level. So the $400 number could be the bottom price in the near future.

we will only figure out whether the $400 price level is the bottom or not once there is a dump pushing the price very close to the $400 level. then we can say that the bottom for now is $400. otherwise the previous low of below $400 is still the real bottom.
Yes we cant be down in value now, you already can see that the value is now good stable so it wont be reduce or rise in a long time and that is also bad for people who are waiting.
There are a lot of people that is waiting for a good price increase so they can sell it later with a huge profit, but that will only happen after some 2 years I think.
Maybe this time it does not take two years to come back, but I think this time there are more people at there to stay with bitcoin and this time the price will be remain at height for a long period.