I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall. Do bitcoin holders really panic like that to make it fall for $200? I thought we are risking some money here for a better profit in the future. Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it. We should really change the way we see bitcoin.
Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.
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Re: So how many of you are going to sell to rich Wall street tycoons?
Although ETF approved, i don't think prices will continue to rise even if the price increases, but I sure will not be as fast as is widely predicted by bitcoin users.
Why? How do that make any sense?
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Re: Again Indian markets are leading. India buying bitcoins for ~$1500
We have seen similar situations when demonetization of top bank notes happened in late 2016. Now Again Indian markets are trading ~$200 ahead of rest of markets. India sell bitcoins for ~$1420.
India will first become country with highest population, then strongest economy on world and last the strongest military force. This will all happen in this century.
Obsession with China on this forum and in general with USA citizens is way over hyped.
Lmao India the world's strongest economy and military? What a joke.
It is indeed a bubble. If you can't see it you are blind.
Check this out:
What do you see in this chart? It screams BUBBLE!!
We are on GOX v2.0
Complete bullshit. Why don't you zoom all the way out and show the actual history. Every bubble has been the same, the ath breaks and it goes up so fast it breaks necks. No bubble has ever not broken the previous all time highs. This "mini bubbles" are not bubbles just rallys. You clearly don't know bitcoin.
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Re: Why I want the BTC ATH $1242 breached and become the floor. To Kill FUD dead. :)
by
maker88
on 02/03/2017, 16:24:39 UTC
Looks like 1249 is the new short term floor. Well played.
We are in a mania phase at the moment. It's too dangerous to get in, especially with all of your money. (that's unless you are able to wait for another 2-3 years) There will be another dump fest in the future. Wait for it to enter.
So you think this is the first and only bit coin bubble to ever not even hit the all time high? Bullshit. We just got out of the bear trap.
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Re: rpietila Wall Observer - the Quality TA Thread ;)
Thats pretty high. You may find better exchange to buy cheaper bitcoins. You should try to buy on bitstamp or LBC. Or maybe wait for it to crash again. Im pretty sure we will crash if ETF is not going to approve. Its not wise to buy bitcoin with that price. It will burn your money once it crashed.
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . How about a good correction in price if the ETF is not approved,do you think it is possible.
It's because if investors buy the etf enough they will have to start purchasing more bitcoin to cover the shares of the etf.
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Re: What's keep the price floating above $1k still?
by
maker88
on 27/02/2017, 19:30:58 UTC
People realize it's worth far more than it costs, so no matter how many people sell there are buyers. You may wait a long time for a drop below 1000 and it will not last long. 1000 is the new 255.
At the moment I see no big movement upwards in the near future anymore. During the last months the price has already went up very far. Now a lot of people are afraid that a bubble might develope. But since there is no sign the price might go down, they do not sell either. I suspect the price to stay constant on this level now for a while,
Honest question, have you experienced a bitcoin bubble? They usually are a lot more explosive, and they don't even gain steam until breaking the all time high.
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Re: Traders Are Cockroches
by
maker88
on 27/02/2017, 01:47:07 UTC
It's called a correction dumb dumb it's pretty much guaranteed after a run up. We've had like 3 days of not shooting up, calm the hell down. Were at 1190 now, you'll have your 1300 soon. Stop being so impatient ya cockroach.
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Re: best strategy right now : buy & hold + buy more VS buy & sell
unlikely to be approved. The US doesnt like Chinese control of the market.
If the last month has proven anything it is that the Chinese have no control over the market. They have lagged behind in price the whole time, and haven't led ant dumps or breakouts. China's influence is over and done with.
The price will go vertically up after that, dwarfing the 2013 high.
This sound really positive attitude but i will wait for some dump rather than jumping in this bull run right now. I think we will see some correction upto 1050$ from current price range.
The correction went to 1110 last night, but it's over. Probably won't see another that big.
bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.
I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon.. Just lets hope that the price of bitcoin will not go down below $1000 if its happen the price could be increase and touch to $1200.
What do you guys mean? 1220 was hit last night. We've already hit 1200 several times
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Re: THE DUMP
by
maker88
on 23/02/2017, 19:15:31 UTC
I hope youve got some reasobaby tight stop losses if you short this rally.
Edit just realized you were kidding lol got me good bro
maybe can reach 1400 in end year not few time but long time youre optimist bitcoin can incraese to 1400 dollar, but you not confidence too, youre write bitcoin price can down to 600 dollar
Why? Give one reason we would need a whole year to go up 30%? If we break 1200, which is not far away at all, the short squeeze alone will push us 100 bucks higher over night.
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Re: Price Prediction by Vinny Lingham, steady 2-3X gains every year
online trading, bitcoin trading, altcoin trading, forex trading every year only get return 2-3 x or this mean profit and return 100-200% is not big profit
Show me ANY other type of investments with a good chance of 100% annual return. Seriously. It is pretty commonly understood that a measly 10% return is pretty above average over the course of a year, in traditional investments.
Calm before the storm... Position yourself accordingly.
That phrase was thrown around a great deal in 2014/15. It was usually a good signal for another few weeks of absolute nothing. However this time around there are many more interesting factors brewing.
considering selling at current price (makes decent profit) and putting in a stop order to buy back in case price rises above 1015... I figure if it breaks through that it will keep on going for a while. Smart of dumbest idea ever? Worried about a big drop when I'm not paying attention...
I don't think 1015 is a good level, we've hit that a few times, I think 1020-1030 is better for a real breakout to become highly likely.