Bottom of Bitcoin fall

[btswildpig]

initial guess would be 1320 CNY .      1 USD = 6.49 CNY .

the support line formed by several lows in the weekly candle chart .

IF this support line breaks , next station will below 1000 CNY or more .

Oops....nailed it .... 1330 CNY now

[emailtooaj]

Holy shit... 32min BTC confirmation time and counting!! BTS will bounce back by the time this gets through lol

Whew.. 42min for the 1st initial confirmation to go show up!
Thank you Metaexchange for not timing out my pending order LOL

[BunkerChainLabs-DataSecurityNode]

Ashley Madison hackers are now extorting their 37 million dB to not have their data revealed if they send them 1 btc.. expect some fresh buyers :)

[Ander]

It already hit 162 on finex in the initial crash. :P

[emailtooaj]

Holy shit... 32min BTC confirmation time and counting!! BTS will bounce back by the time this gets through lol

[Empirical1.2]

I think it could go quite a lot lower.

The big problem is this XT debate.

It's not even a case of reaching consensus. Even if they had DPOS . It's a problem of making a significant, controversial change to something holders want to be an immutable, stable store of value, a digital gold.

I agree with you. The XT debate has been quite a mess.
Taking this into consideration I would agree with btswildpigs statement... It very well could reach $150 USD over the next week after first bouncing around the $200 mark for some days... but who knows LOL
I'm not a day trader by any stretch

Yeah it's a pity, there's a lot of global stock turmoil at the moment and Bitcoin would start getting some safe haven buying if it wasn't for the XT debate which would in turn bring money into other crypto too.

[emailtooaj]

I think it could go quite a lot lower.

The big problem is this XT debate.

It's not even a case of reaching consensus. Even if they had DPOS . It's a problem of making a significant, controversial change to something holders want to be an immutable, stable store of value, a digital gold.

I agree with you. The XT debate has been quite a mess.
Taking this into consideration I would agree with btswildpigs statement... It very well could reach $150 USD over the next week after first bouncing around the $200 mark for some days... but who knows LOL
I'm not a day trader by any stretch

[Empirical1.2]

I think it could go quite a lot lower.

The big problem is this XT debate.

It's not even a case of reaching consensus. Even if they had DPOS . It's a problem of making a significant, controversial change to something holders want to be an immutable, stable store of value, a digital gold. 

[btswildpig]

initial guess would be 1320 CNY .      1 USD = 6.49 CNY .

the support line formed by several lows in the weekly candle chart .

IF this support line breaks , next station will below 1000 CNY or more .

[emailtooaj]

i think litecoin is headed under $1.. so puts btc at about $180-$230 IMO since bitcoin will draw in more money as it gets below $200.

Thanks for your input  ;)
I might buy some now and put another buy in at $195 to see what happens!

Either way... I'm converting it to BTS  :P

[jsidhu]

i think litecoin is headed under $1.. so puts btc at about $180-$230 IMO since bitcoin will draw in more money as it gets below $200.

[emailtooaj]

Any speculation to how low Bitcoin may drop? It's currently avg around $218 USD.
I'm anxious to buy some cheap BTC lol. Any trader gurus have some chart insight?
Does $180 USD seem realistic?