We hovered around 400 for a few days then shot up to 450 on 9.23.2014 and now we are back to 400 within a couple days. If that big injection had not happened on 9.23 would we be around 350 or even lower?
I know this is impossible to say for sure but I want perspective from those who try to quantify/model supply and demands affect on price.
Somewhere between 392 and 400... exactly where we are right now.
My sentiments precisely. There is a lot of money sitting on the sidelines waiting to pounce.. It may pounce in a minute or may pounce in a month..All i am going on is the recent influx of funds into the exchange i use.
By the way, it may drift down to 350 320 but when they pounce it will go nucluar north of 500 fast. (my opinion only)
I'm still buying and hodling cheap coins at 390 and below if it drifts any further.
Don't think that it will fall any further unless we see bad news that results in mass dumping... the support levels are relatively resilient.
Once again, as Franky1 has stated in other threads, this is "satoshi dust" and it's not a true market valuation.. just a good opportunity to line the pockets before the prices realize true value.