Bitcoin Forum

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.

I've sold some coin at the top already so I'm not that concerned right now. Worst situation for me is that bitcoin crashes to sub one thousand dollars and I lose some of the profits I made from buying at 700, that's all.

But it does seem like that the moon island is changing right now it is starting to move sideways instead of going up every day it is interesting that we have never broken $1,300 and stayed above that level it's interesting to see when that would happen actually.

If it does drop below 1000 and I'll be the first person to buy in lol

This is why altcoins decline more than BTC does when BTC declines.

Any altcoin that remained high would be sold to buy some cheap BTC. Since BTC can absorb more flows than altcoins can, the altcoins decline more on a percentage than Bitcoin. When BTC is rising, the inverse effect occurs.

So selling altcoins that had significant rises might be wise right about now while they are still near their peaks.

For now I have taken profit yesterday when it still was 1200$+ price and right now according to preev the price is 1,183$ and I also think that it is currently on a downward movement even if it is going up and down a little. For now I will just watch the price movements that will happen and if it falls below 1000$, I might consider rebuying some bitcoin again for me to gain profit let's just hope we will see it above 1200$ again after the dump.

Ur wrong there are altcoins with real use case, some will just keep adding value

your post is absolutely useless here. because people are either traders which means they already know what to do and don't need a topic on bitcointalk to tell them what to do with their bitcoin and positions to sell and buy and when to do it.

or other people who aren't traders, which means they shouldn't even be reading a random post on bitcointalk to make decisions about buying or selling even if it turns out to be true. because if you are not a traders (don't have experience) selling and trying to buy back will end up in a disaster for you.

Wwwaaayyyy ahead of you. Sold a few days ago. I made really decent profits. I'm happy with that and will be taking lower risks from now on now that I finally came out in top.

Gosh... Im really glad to aim longterm instead of going day by day up n down panic...

Best way is to just buy....hold....buy...hold... And wait until Bitcoin can not be mined anymore... Anyway, different strqtegy I guess.

It looks to be a best way to profit. Long term holding is expected to profit big than just making a buy and selling within days just on panic. Need to understand perfectly all about the goodness it has as well the price fluctuations is the one that is found with bitcoin. At any instance we cannot see bitcoin price without fluctuations, same as we have human beings have blood.

not really!
you can't tell anything at this point. this topic should have said take profit yesterday before the F2pool trolling tweet. and when price was above $1220.
now that price has come down it is too late to sell to take profit. it may go down but the chances aren't good enough to warrant a sell at this point.

not yet. I'm gonna wait till bitcoin price reach 1300$ its almost there why should i cash it out now . ive been doing this for too long and i could say ihave always a regrets after cashing out. like the first time that bitcoin price reach $900 not in a minute i cash out my bitcoin after that day the bitcoin price reach $1000 what a waste. i really regret that time because its like i just gave the $100 to a nothing .

another we are going nowhere but down topic ???

they are around since  the $200 and the price keeps increasing

If you read through some very old threads, people were having the exact same bit of speculation discussions when the price was sitting below the $10 level.

Some funny statements back in the days;

# Sell now before you end up being a bag holder!
# Deadcat bounce!
# Don't catch a falling knife!
# $10 is the ultimate high, after that the price will drop back to $5 and continue to go lower, sell now!

And there are more, but you get an idea now. ;D

Hahaha, true

To be fair this is not what OP is talking about.
His statement is that in short term people, mostly traders, could make some profits.Simply put, sell high and buy back lower, bla bla bla.
That doesn't mean he is talking about a general decline of the price.

No why would you even want to sell your bitcoins now after japan adopted it and now many more people are been introduced to bitcoin. Plus we don't see any huge dump or pump in the coin lately. Reconsider your decision.

Posts like this still will be done, which is nothing special, because we are in the speculation section, so what do you expect?
That is about speculation, that we just discussing here about different behaviour of price, depends on the analysis, so what's the point?
I like to see different people sharing insights about the current market situations, because it always helps me, and im able to look slightly in the other direction.

So don't be mad about his personal view on the bitcoin price, because everybody thinks in his own way, and all he does is just sharing his perspective.

It is just a Slight movement and I am not nervous about it, because it is very natural for bitcoin to move unpredictably there is no need to dumping anything while a lot of people here are expecting bitcoin to move upward, I think you should need to calm down and relax for a bit, think twice before doing it you might regret it when you done something like that!

well that's seems to be a nice long term goal when btc price really gain to high and you will leave happily because of your investments,
while day traders really fighting for every movements btc value went thru its a nice job if you really understand and you have a good
judgement.

Vinny says we go to $850. DUMP IT!

https://i.imgur.com/C91syIV.png

bitcoin price is going down .well i would not agree on you to sell all the bitcoins .yes now is the time that you buy some bitcoins.
well wait till august if you can ,the price of bitcoins is going to touch 2000$ .well then it would be the best time to sell all your bitcoins.

You can read the whole of the sentences with more carefully. It's about the price speculation on the bitcoin trading or gives an awareness for another people to sell his coin and take a decent profit caused by the bounce of the bitcoin price. There is no relationship with the Japanese news. We already made a decent profit if sell our bitcoin at $12++.

I'm not sure what is exactly happening with the bitcoin prices because two major bitcoin exchanges are trading with big gap. But certainly we can say it is not the right time for profit booking but it seems prices are recovering from fluctuations and we can expect prices to break $1200 and $1225 levels again.

Holding and adding up more investment are actions right now recommended because bitcoin prices are just showing usual fluctuations and in long-term perspective it is so stable for another rally.

Cries of a recent seller.
The thread should say: I sold, but it's not going down. Sell you idiots so I can buy back!
Op, maybe you should buy back now while it's still cheap. Be quick and you might just make it before the next big pump.

It's good that i sold my bitcoins


I agree, maybe the price is going to fall more, who knows, but if it falls, it will be creating conditions to buy more bitcoins and if price rises would be created conditions to sell bitcoins.

There are only few coins with tiny use right now. One is Monero other are some coins that was issued to be a currency in games.  But that use is so small that is of little importance. It need to grow x10 to be worth of mention.

That's why I hold the bitcoin in my desktop wallet as savings for a long term use. Price fluctuation is normal bitcoin due to its volatility. I if you looking good profit atleast you need to wait for upcoming christmas because price use to increase in this especially. Hold it till and it will increase more number in wallet as well as rate in price chart.

Confirmed. Time to dump everything, sell all the women and children too!

HOLD!!!!!!

Yes hold fiat  ::)

It's a neutral time to buy Bitcoin. If you really wanted to benefit from the panic, you should have bought your coins well under the $1000 level. I don't see how the price will reach $2000 while Bitcoin is still the same. People are waiting for those larger blocks, which at the same time is a required upgrade to push Bitcoin further. No larger blocks, no $2000 level. It's harsh to say it like this, but it's the hard reality.

Of course you can just buy and hold for many years but there is significant sideways movement now. Its a good time sell out around 1200 and buy back close to $1000 and then once again wait for a good rise to come along to take profits.

The whole idea of trading is TAKING PROFITS when they come along and then looking for another good deal to come along. As for buying, $1000 or less has value but not at all worth buying right now.

My opinion is pretty similar to yours, I think that is not a good moment to buy bitcoins for long-term investment.
I would stay more to the 1000$ levels, to obtain 1 or 2 for a good interest.

The times, when bitcoin price will reach 2000$ are not so far from now, that might be even 2 years.
That is non-optimistic version, but i dont expect bitcoin to reach almost 50% higher price in a short period of time.

Buying on the current moment in not getting profits from the panic, because it is already a big price according to the history of bitcoin.

This!
My strategy as well!

Bitfinex is unable to processs fiat USD withdrawals (Wells Fargo, who were processing them, has started to block them). That's why the bitcoin price is higher than on other exchanges - people are buying bitcoin to get their money out, as bitcoin withdrawals are still working.

I agree there is more money in selling and buying than just holding Bitcoin but there is more risk in it too.  Once the selling timing is bad, it will only lead to losses.   So basically to be able to take advantage of fluctuation one must have the skill and knowledge.  Having knowledge is easier than having skill or understanding the market.

Yes, that is the point, why would I sell my bitcoins if there are a lot of reasons to consider. Japan accpeted bitcoin that means users will be adding up, they will try bitcoin and once it is liked by them they will be using it, it will gradually affect the price. And bitcoin always do some slight down movement every time and there nothing new about that.

Yes, i also want to ask why we sell our bitcoin? We bought bitcoins for holding and any investment, and everyone know that risk is here in bitcoin price. But still people want to take a risk and this risk give us profit only. That's why there is nothing new now.

Yes, you're one of the fortunate ones who bought at around $700.  And dammit, I remember when bitcoin was sub $200, and I was fool enough to resist buying.

I disagree with the OP here, brcause I don't think the momentum has fizzled out.   We're just taking a breather like we have been doing for months now.   I still think it's a good idea to buy.

Sell all crypto-currency to fiat IMMEDIATELY. BTC will dive -30%. Altcoins will decline even more. SegWit and scaling has been defeated on both Bitcoin and (at least near-term) also Litecoin. Also there are macroeconomics things going on which will also hit gold and every asset except USD. Store your money in USD or altcoin USDT (dollar peg) (https://bitcointalk.org/index.php?topic=1871567.0) temporarily until this dip has concluded

In my opinion, going "all-in" or "all-out" at this very moment is dangerous (only exception: if you are totally satisfied with your profits until now).

The scaling debate still dictates the price movements. In every single moment the following two things could happen:
- some pool jumps to BU and gets it near or over 50%, making hard fork a real risk -> very bearish (target: ~700)
- some pool jumps to Segwit and gets it near or over 50%  -> bullish / sideways (~1200-1350, but perhaps not strong enough for a new ATH)
- UASF gets traction and Segwit approval is very likely -> very bullish (new ATH, target ~2000)
- a compromise solution (EB, Segwit2MB) gets Core and majority miner approval -> also very bullish

That's why I wouldn't take sides still. And I disagree with AnonyMint: I think no side has "won" until now.

bitcoin hold that you have today is going to take the advantage in the future. in addition, bitcoin buy in large quantities when the price drops would be to make you feel a huge advantage. especially if the price drops below $ 1000, it may be our opportunity to buy bitcoin and hold it.

None of those are possibilities. 0% chance.


And no side will ever win.

Reading the following threads (not just the linked post) will help you understand:

https://bitcointalk.org/index.php?topic=1857162.msg18526721#msg18526721
https://bitcointalk.org/index.php?topic=1837136.msg18571238#msg18571238
https://bitcointalk.org/index.php?topic=1767014.msg18579825#msg18579825
https://bitcointalk.org/index.php?topic=1867541.msg18570031#msg18570031

The above link to all my points on the Scalepocalypse.

---

Crypto is not long-term affected by geopolitical noise.

The crypto market is undergoing a painful Scalepocalypse metamorphosis (https://bitcointalk.org/index.php?topic=1869175.msg18595454#msg18595454) as n00bs come to understand their idol Satoshi was an evil motherfucking genius (https://bitcointalk.org/index.php?topic=1837136.msg18571238#msg18571238).

So this cognitive dissonance is causing them to rail against Bitcoin (USAF nonsense, etc), and so they will be served up some event which steals their tokens to silence (https://bitcointalk.org/index.php?topic=1868810.msg18596295#msg18596295) them so Bitcoin can move forward without the deadweight.

Comparing to the last BitFUnix heist crash which was a ~28% decline from Jan 5 to 7 and another ~11% decline from Jan 11 to 12 for a total decline of ~33%.

LTC/BTC had a 11% relative decline the day before on Jan 4 but it recovered and ended a 15% relative gain on Jan 9.

ETH/BTC had a 20% relative gain.

XMR/BTC had a 25% relative decline, but note XMR had been rising with BTC but lately XMR hasn't rise with BTC.

DASH/BTC had no leverage, so meaning it has same percentage moves as BTC.

I still don't get the point why altcoins should react bearish to BTC decline just now?
For the past months they were quite anti correlated to bitcoin.

And most people still see the undecided future of bitcoin scaling bullish for altcoins. So if Bitcoin price drops, they still go into altcoins.
For sure there will be and end at some point and maybe the end is near.

But there is still so much $ on the sidelines which wants to get into crypto and the market is tiny.

I doubt the whole crypto market will drop a lot in the coming weeks.
I rather think if Ethereum takes a big hit, the altcoin market turns bearish, which was the leader during the last bubbles.

But since Ethereum corrected already and might have found a new midterm bottom ( not sure yet of course, could even drop to 20$ again ).

I am still bullish on Litecoin, Ethereum and some smaller Cap coins.
Litecoin will get Segwit before Bitcoin, thats for sure.

hmm.
Current bitcoin price is $1175 on average today (April 15).
-30% dive means price going down to $822.5

now we wait...

It would have been interesting if you added some timeframe to this speculation. For example is the dive going to happen in next day, a week, a month, 2, a year, in 10 years from now?

Are you so sure about this -30% dive that is gonna happen, in your previous value the price is $1175, and as of now the price has slightly increase and now become $1182.69 I suppose if not the next day or two, but bitcoin keeps on moving forward and increasing it's value and if we speculated something like that are we so sure it's gonna happen? but well it is just a speculation that is why we are here!

Unless by "you" you mean iamnotback, I have to ask you to read again. Because I am not the one making this speculation.

The ~30% decline would be from the peak price of BTC in April, if it happens.

Are you disagreeing or agreeing that I agreed with you? You see I was correcting myself.

Ok. But this situation now might be different, since almost all coinse pumped a lot.
So yeah you might be right about the wise decision to sell those pumped coins.

For what? For bear(bit)coin? Or fiat ^^ nah. Selling will cost them money

Highest price of bitfinex in April: $1244.7 ---(-30%)---> $871.29
Current price: $1214

Highest price of Bitstamp in April: $1229 ---(-30%)--> $860.30
Current price: $1188

Still disappointed since you've given us no timeframe.

I have choosen to hold few alts along with bitcoin on all this panic market, sold almost 30% of my bitcoin for USD, Bought ETH and LTC with 30% of my bitcoin and holding remaining 40% bitcoin in my wallet. I think this is the safest combo i can have right now.

If other traders doesn't execute it early then just hold some while at the same time add some quantity of bitcoins to make some opportunity to purchase coins at low price to consider by others.

Going back to this current price rate might seem not to repeat once there is a big pump that will happen again especially it will start at close to $1,200. Sometimes there is a growth of 20% or even more to the initial starting line before hard pump. We are not erasing the fact that same goes to price hard dump. But likely, bitcoin price will still recoved as it was happened many times even after a major negative news.

I am quite optimistic on current bitcoin market. I am holding all my bitcoins tightly for next possible bull run which can drive price to well over $1300.

Don't like to get trapped into any FUD created by whales to buy cheap bitcoins. I am not selling...

The Bitcoin chart is a recursive, diminishing (decaying energy wave) fractal pattern.

The price should peak again at approximately $1208 (Bitstamp) in 3 days and 6 hours from now. After that up to a day of diminishing pattern clustered in tight range around that price, then after that should begin the precipitous decline similar to last month.

I am holding some bitcoins earned from signature campaign and faucets and doge and litecoins earned from purely faucets.

But I keep all of them in cold storage without touching them. Honestly I do not have any eth till today as I do not get any chances to earn them. I believe I will continue these for next to 3 to 4 years to see what will be happening with my holding.

I'm not the one who is changing portfolio based on trends. I believe into these three crypto currencies and just sticking with them to see what I will be getting after some long holding.

No ltc fanboy. The hedge for btc is ethereum not ltc. Go away with you ltc propaganda

So if we take profits now, what should we put that money into? Should I just hold in fiat or should I buy some other altcoins. Which altcoins could go up while bitcoins are going down?

Bitcoin is undervalued right now.

it might continue to be undervalued for a few days, but it will eventually recover as it has always done.

selling now may not be the best move IMO.

either way, I'm in it for the long term.

who cares how many pieces of monopoly money I have, it's bitcoin I care about. 

fuck dollars.

It happen always that bitcoins price goes undervalued and suddenly price goes up without giving us any hint. And that would be a good thing since we can earn by that if we want short trade and contented to earn a few bucks daily. But as you said your aim is for long term but are you sure that you can earn huge for that matter if you stick to your god feels? Although Bitcoins got + ratings for now but could you think that its good thing to earn daily and have a spare of bits to be traded on long terms plan?

The current price for bitcoin is 1 191 USD, are you sure that BTC is undervalued?

Of course it is only my point of view, but I cannot understand how did you manage to think that bitcoin price is undervalued now, we are close to the all-time high!
Or you are maybe one of the people that believe bitcoin going up to 2000$ in first half of 2017 ? That would be understandable then.

My analysis for bitcoin is different, I would say that it is rather slightly overvalued, I would sell now and wait for 950-1050 $ level's to enter long once again.

I am with him here.

For the non red-pilled guys out here:
End of April is the start of the financial end-game (for those of you looking down the rabbit hole even deeper, you know that there is so much more at stake). Everything which is traded or influenced from NYC will see a big crash, except the beloved $. Until a few days/weeks ago I thought gold or bitcoin are alternatives. Unfortunately I needed to change my mind with improving my knowledge about BTC. I was always thinking BTC is independent, a free currency. Well, I was naive and I highly underestimated their end-game. This will not happen again, if it is even relevant afterwards. As usual, in this financial cleansing, the wrong people will lose their money and the wrong people will benefit. As usual.

Be on the right side of this.

For the records: I will buy back into BTC in May.

Well the you can become him and him can become you, is it matters? as I would say we are making this speculation even if OP started this we are the one adding up something to it and it will never stop until I don't have to say anymore, and I think by referring to you I didn't mean quoting his and your post so sorry about that!

I guess if you understand jualbeli markets bitcoin surely you will know about the losses or profits because if not it will gain a big loss and will miss all that you can before they occur, we recommend that you should know first about the value of seller or purchase bitcoin with so we will get a big advantage, of course. it is indeed more knowledge is required rather than skill, but skill is also necessary because it will reduce your little loss

Booking profit is for traders.
Most people here are long-term investors. Hold for the long term and then  liquidate slowly when the need arises.

Apparently LTC will likely be a hedge against the coming BTC decline. Go long LTC (Litecoin) now.

https://bitcointalk.org/index.php?topic=1663070.msg18614017#msg18614017

(I deleted this post temporary at 11:40 because so many of you jumped on it buying LTC that you caused a significant price rise and volume, thus were interfering with me covering my short and taking a long position. I am re-posting now that I completed my trade)

This ltc fanboy. Ethereum is a hedge for btc, not ltc. Does the ltc devs pay you for this propaganda or something?

I have a new policy. Any user that goes on my Ignore list, never comes off it.

Any Ignored user who posts in my moderated threads, have their posts summarily deleted without myself reading them.

Consider it a trophy for obnoxious behavior.

My Ignore list will be renamed to the Wall of Butthurt Asshats someday.

I just hold and hold until I reach what I want of the price and until I earn really well. Because when I sell and I had a wrong timing into selling it I might regret it in the long run. So, I just hold it for now.

I won't, as I will miss higher price to sell, furthermore, I don't really need to convert my bitcoin.
My rules are ; buy below $1000 which has passed and sell at minimum $1300 (ATH for now)
I will sell mine if I desperate need for money. Well, my cash still enough right now and let my savings for another chance.

Promoting either currency is not "propaganda", it's just a good suggestion.  Litecoin has rose significantly recently and will not ever die completely due to its long-term legitimacy as a good coin.

I agree, if people is in to Bitcoin for a long time, then definitely it is best to buy and hold not sell.  Bitcoin is always like these, fluctuating wildly and the only people who are affected with the wild fluctuation are day traders.  Long time holders does not care but rather looking forward to their target price to convert their BTC to cash with huge profit.

In current situation, the price is not undervalued. If we had no potential hard fork to worry about, and we were sitting at the same price levels as today, then you could have somewhat of a point, but not in this case. Bitcoin not being able to scale, forms a massive obstacle that prevents Bitcoin from growing further. It's clear that the demand for block space greatly outweighs that what Bitcoin can offer, and thus badly needs an update. As long as that isn't the case, we'll remain in a cycle of ups and down where we won't be moving much further away from current levels. That being said, if you just ignore the peak that was the result of the speculation around the ETF hype, we're not far away from the effective (more realistic) all time high. In that regard, the market can't be considered undervalued at all.

this now not good time and not right time to selling and take profit
because bitcoin price is down, this now is good time to hold youre bitcoin balance
wait bitcoin price to 1300 dollar you can sell it and take profit

I agree with you . now doing the holding is the right choice, some possibilities also states bitcoin prices will rise significantly.
we must wait with patience good. because this would be risking what we get.

As quoted it's good to hold on with patience. The price moves are simply good even though it's now on the decreasing state. The price seems to fall, but the value is understood by most users. This has made them consider it an potential investment by holding.

You are so full of yourself mate, did you think people actually care about anything you say after already buying sub $5 LTC and shilling it so that you could dump on them?

If bitcoin can solve its issue on scaling and prevent a hardfork, then the current price is undervalued. But if this problem persists and the hard fork threat unresolved, the price may go down and this is the right time to sell some coins for profit. I believe bitcoin price will continue to up and down in this range until this issues are resolved.

have you not been looking (literary anywhere on bitcointalk) for the past month or so?
the change of stance that this user has is ridiculous and it is getting too hard to follow ;)
(s)he actually were saying the same about ethereum not so long ago during the pump and then again when litecoin was falling and possibly other times too.

it is giving me a vibe of this user: bitcoinlitcoinbtcltc (https://bitcointalk.org/index.php?action=profile;u=163913), if you look at that post history, you will see an extreme version of the same thing.

and i believe the reason is because of delusion of thinking the following is true:
or basically saying things like "whales saw my posts and dumped the price because i was speculating an opposite direction"!

How do you like my perfect timing on LTC yet again! That is twice that I said emphatically "buy now" right before the blast off in the price.

That shows you how much BTC on this forum is influenced by me. I have a wide following in our community, when measured by wealth.

I have been able to decipher the long-term recursive fractal pattern and have been predicting the moves precisely and piling up the BTC profits going long, then short, then long, etc.. Note I will not tell you the exact price levels, nor my secret method.

LTC will pullback a bit here, but it is going much higher. Feel safe to enter at 0.01035. And make sure you buy LTC before April 19 when BTC will begin its decline by -30% due to the Scalepocalyspe (and possibly some other event involved ing BitFUnix or such).

Note LTC will make a peak price some where far above 0.0106, then it will decline back to long-term support. Then over the next 2 years LTC will make a ATH (as priced in BTC) which is means higher than 0.04. So holding LTC after the pullback will mean quadrupling your BTC over the next 2+ years.

I dont know whats wrong with the guy. Is he a troll? Is he just somebody who bought ltc and now wants others to buy it so that he can cash out while ltc will get dumped in near future? He is posting day and night on a btc forum for ltc. Looks like he wants btc to go lower and ltc to go higher. We both know his game. Its sad that people pay so much attention to him, but I mean he's everywhere with copy page messages. On the btc forum, altcoinforum etc. 1 topic spread on the whole forum. When somebody tells him what he's doing he locks his topic. I dont hope that people get rekt because of him. It would be sad.

extraordinary price bitcoin will touch on next month, of course we have to prepare from now on because of the information turns out to be the price of the bitcoin still declining we should get it so that in time the price of the bitcoin ride next month we will have a big advantage because of the bitcoin up to a price of $2000.

Dumping your coins right now may net you a small temporary profit. But I have a feeling that the exchange rates may hit $5,000 per coin mark sometime later this year. Bitcoin is attracting a lot of press coverage, and the user base is steeply increasing.

this topic is mostly a panic FUD kind of topic with not much value. and by the time OP posted this, price was already in a dip and he probably wanted a deeper dip which is why he posted, it is certainly not made to help people.

and right now we are rising and we don't know if it is the good time for selling or not because we can see a reversal depending on how bitfinex bank resolves their issue and when it does it.

and about $5000 i have to say it is too big a price to achieve in such a short term and it would be a bubble if it is achieved.

This is not like that, selling the bitcoin right now should still bring a decent returns, before we should still remember that lately, the price range is somewhere between 1150$ and 1200$  ( sometimes, slightly more ).
If someone has made a good move few months ago, then it will be still a good price for dumping the coin.

But I would like to ask you, if you can give me some arguments behind the theory, that we will see 5000$ per one bitcoin, in this year?
I hope you may find some, but I assume that you are one of the newbies, that think bitcoin is something eternal, not able to be destroyed, and very precious.

OP, you should rather term it as making profits through trading it and not dumping as a lot of Bitcoins will be needed for a dump to occur.
You can catch ranges between $1100 and $1250 and trade your coins and buy back at $1100 once again as I don't see any reasons for why the price should be dumped hard below $1000.

I agree, somehow OP post is confusing, making us to think to sell all our coins and take profit.  Anywhoo, I still think it is not the best time to sell and buy back.  Not much of a negative news that can make the price of BTC to go down.  So I will be holding my coins for now then sell the first time a Badpress about major issue is released then buy back at lower price.

Funny but true, and the FUDsters grabbed the coins under $10 and still HODL them today  ;D ;D

There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.

No chance. Forget about ETFs

If, if, if, if, if... It's clear why the previous two ETF's were rejected, and in that regard it's safe to assume that there won't be any Bitcoin related ETF's approved in the next few years. Why? Bitcoin is a free market, and will likely remain that in the next coming years. Just stop focusing on it. Demand for Bitcoin will grow anyway, and thus the price will grow as the demand grows. Important event to focus on right now is having Segwit activated. If that's the case, it means an obstacle holding Bitcoin back is removed, and the price will move closer towards the $2000 level. No need for ETF's in that regard.

woah. 50%-100% you mean just being listed as an ETF which doesn't bring money into bitcoin directly can cause the price to go up to $1800-$2400. there is no way that can happen because of ETF, it it were anything else i would have agreed but not ETF!
and you should keep in mind that bitcoin has been rising 100-150% each year regardless of all this.

To the price hit 5000$ during this year sounds as something impossible. But I am agree that bitcoin is attracting more and more attention nowadays and I think in few time the attention will rise even more together with bitcoin's price.

Nothing to say about etf and NO more etf. I just care about to fixed the scalability of bitcoin rather than just try to build another etf in the future. And etf will always be ignored.  8)

why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.

Regardless of Bitcoin ETFs being accepted, I think that the price still consists of too many factors, one of which is its acceptance by major countries as well as its citizens, and when these citizens convert into users, it is a chance for Bitcoins' price to spike without any doubt because the more the users, the bigger the demand. And just see that there are only a few coins circulating and too many users being around, so being in a super-speculative mood, I think we will be seeing a spike in very near future, and it will be during 2017 itself.

No ETF may bring magic levels into bitcoins. Because it may serve as a way to get new investors into bitcoin ecosystem. Every ETF scheme will be started with some fixed number of bitcoins but there are policies to increase those amount of bitcoins and if one ETF gets approval then we can see hundreds of ETF from different companies and hence definitely bitcoin prices may touch moon.

I guess this is not right time to book profits as experts predict new ATH, I guess targeting $1500 would be a nice short term (as well long term) plans.

You are still guys talking about ETF issue even its already done and i think last month the result already. done
For now the bad news is bitfinex deposit and withdrawal are block.. that i think many people are thinking that the price can be crash soon due to bitfinex issue.. if this will not resolve expect the price can be crash soon..
So before its happen op is just letting us know before the price crash and get the profit..

I don't believed in will crash soon because of the bitfinex issue. Did you see how much total volume is bitfinex trading? Its around 7%-8% only. How can you say that it will impact the price of market price of bitcoin to suddenly crash? Already investors has withdraw funds in the bitfinex account and most probably move to kraken or poloniex which covers almost half of the daily trading volumes.

The only reason Bitcoin has a high price at all is because of interruption from third parties looking to make money.  All of the whales are wealthy (or becoming wealthy) individuals who came in to pump and dump, or just pump, or just hodl or whatever to the Bitcoin price, and they have the most effect of all.

The ETF would just be a means for more of those interrupting third parties to get involved.  If it had any chance of actually happening I'd be all for it, but it doesn't.

Yeah i think the ETF effect is completely gone now.  It is now the political drama between Core and BU plus the asicboost.  Though I believe it will be resolve, and for now let us just hold our Bitcoin tight, do not sell unless you need money badly,  Price will increase, Bitcoin is destined to that, I said so because I am looking at the adoption rate.

The highest peak I've seen in last few hours was $1281 on preev, pretty good. But on some biggest exchanges, it was quite different and Okcoin shown $1267, more than any other. My thoughts still the same, we won't break $1300 wall without block size upgrade at least we need 2Mb. Because at $1250++ level, people will start to cash out before it drop back again. So, we are on competition who takes the profits right now or hold for another chance.

It might not be a bad time to sell since the price has crossed $1300, but I've sold all I want to sell right now. I wouldn't be surprised if we see a price correction, but it's hard to tell.

Crossed $1300? Where? At what real, functioning exchange?

Surely you're not basing that on Finex which, as everyone knows, has serious fiat transfer issues with its Taiwanese banks and is meaningless at the moment.

You may as well say the price is stuck below $1100, based on the Chinese exchanges.

In the real world, the price is $1240 at Bitcoinaverage, $1237 at Stamp, $1239 at BTCe, etc.

Finex doesn't matter.

Yup, if you do sell your coins at Bitfinex, there is no way to withdraw your funds. You might as well get Bitfinex "tokens".
The (weighted average) price of Bitcoin is ~$1230, which is strill extremely good. If you want to sell, go to any other exchange and withdraw your fiat as soon as possible.

topics like these are a lesson, a lesson in speculation that people around these parts are full of it.
the day you place your trust on what you read online and by a random user who goes offline after throwing a "speculation" or better call it a shot in the dark and then others join in and make guesses of -30% drops, that day is the day you start losing money.

Come again?  Well speculation is normal in market trading unless you are talking about gambling  :P.  Well no one is telling someone to trust the prediction/speculations here, it is always advised  to do our own research.

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I do think that price will continue to increase, one hot topic is the adoption of japan, and the other one is the smart contract, since the political drama effect is somehow wearing off, the hype is now taking place.  So I guess it is worth a try to wait until June (Bitcoin smart contract)  probably we can see more than 1300 USD by that time.

If you are holding for such long periods of time and now your goal definitely reached to top and exactly you can take profits for now. You can use that profit to invest for next rounds of bitcoin price movements in the market, but you must be clever enough to observe the flow of the digital currency system of today's buy and sell demand. Even you are not a good trader as long as you have higher and bigger holdings and you can sell while the price is still good, then the profit is your's to harvest in this better future that has now happening to you.

For me selling is out of the question. I got a long term plan for all my crypto investments. Which involves not selling before the next halving. From there 2020 I may start selling some alt's or bitcoin or not. Bitcoin has a bright future, selling now is undercutting yourself.

Its a great plan to hold it till the next halving but not all have that high patience to hold it for that long time as most of the users will start selling their coins when it reaches to $1500 and those who wants higher profits will wait till it reaches to $2k.

I was waiting for someone to say exactly the same thing, bitfinex basically did not have any influence on the BTC price.
Not only because it has only small volume, but also because incidents like that are occuring usually nowadays, we can see that goverments do not accept the bitcoin, so many exchanges have some issues with banks freezing their accounts with customers money.

It was kind of easy to predict that bitfinex wont change the price at all, bitcoin is already too strong to care so much about 7% of the volume!
There was only the panic on this exchange, but nobody has panicked outside the bitfinex I guess, cuz that was not even worth to worry about.

Those who want higher profits will continue to hold.

How would you rather keep your profits, in fiat or Bitcoin?

take your profits now i already got mine because today bitcoin dump again and it was not satisfiying that bitcoin price is decreasing again but i would be happy if it goes around $800 because bitcoin should not get $2000 price range it will make bitcoin soon gone even there's alot of users bitcoin will be imbalance so much if it reach more higher price . it's like its the highest currency if you make bitcoin as a fiat and not a crypto

Already sold a few at $1175 and $1200. Right now, I'm not that worried as to where this market goes and judging from the graphs, we are in a (quite) good sideways trend. Sometimes, I hope that we can try to dip a bit so I can at least grab some coins and hold again for the next months or so, but the support at sub-$1200 is strong to let any downward spiral pass.

Yeah, the support bitcoin getting in terms of technology aspects, growth and acceptance is good enough to give all of us a better price that doesn't​ fall. As stated $1200 seems something good for us to profit considering the price of the bitcoin during the past year same time.

Now, i will not sell my bitcoins, even i have a good profit right now, if i sell my bitcoins now at this price $1236. But i will wait for a time, when bitcoin cross $1300 and will be reach at $1500. Because i want to see bitcoin at $1500. For me, it is huge price of bitcoin and i will wait for it.   

it is funny because i remember people saying the same thing last year. they said "i will sell my bitcoins at $1000 because that is a huge profit and price can not last there, it will fall, blah blah." now we have the same situation, price has been staying above $1100 for the best part of last couple of months and that last year's $1000 target for people has also moved up! and it will move up when we reach $1500 and then $2000 and so on!

same to me, i will wait until the price is higher at least the price is increase at $1500 then i will considered to sell but for now, it will be good for me to do trading btc-altcoin to grow my btc. soon we will see bitcoin at $1500 and i think its not too long to see this is happen and i think new wave will come in shortly.

It is not funny. Right, People said that when bitcoin would be reached at $1000, than they will sell their bitcoins. Also, mostly people done it, people sold their bitcoins, and i am also one of them.
But now continuously bitcoin is going to up and its mean we could make earning from bitcoin.
So what is wrong in it? If people think that to make more money from bitcoin.   

People who bought their coins at cheaper rate in the past would have sold when price crossed $1k to grab the profits and there is nothing wrong in selling at that price as it was giving them good profits and the main intention of every investor is to make profits so if he is satisfied he can sell his coins straightway.

I suggest that bitcoin will not be dumped this time even if the Bitfinex crashes. We have so many exchanges these days that people dont have all their coins at a single site. People are already moving their funds out of bitfinex. No one mishap can make the bitcoin price down this time around.