The green is continuing and it is not stopping  The price is going to reach probably $300 by today. It has been a huge change the last 15 hours for a bout $9.5 It reached $300 today. It is too fast. Hope it will not break $310. We need some consolidation for the future price rise. Coinmarketcap still shows price in the range of $290-$295. $300 must have been just a blip |
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For me there isn't any reason to have a fantasy about the price smashing through the $1000 barrier once again, at this point. My guess for now till after the halving is a max of $500-600. We might see $1000 in 2017.
It would still be a great run. Double in 6 months. 4 times in 2 years. That should be enough to make most people happy. |
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How will bitcoin get to North Korea? No exports, tourists, etc. They are better off just using the local currency.  |
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A transparent ploy by the Chinese to keep the doddering old vampire happy so he'll keep sending them Zim's raw materials.
They obviously lack finesse. Giving a peace prize to this guy is unlikely to be make a difference to his reputation. China has just ensured that the rest of the world regards their judgement/prizes as a joke. |
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Yes I guess that's the best thing we can do for now, HOLD until a move downward that indicates downfall again of BTC. If you have a stack of BTC's then hold them like your true love and don't let got till right time comes The true bitcoin lover will hold bitcoin even at the lower price this is not just because of love it's beyond love, that's faith in bitcoin concepts. I do see people who are consistently buying when ever they find a lower price. This gets them best average buying price. i agree, if you believe in bitcoin as a technology that can survives these bumps on the road and think that it has a bright future which will lead into mass adoption then no matter how the price changes, you will never sell and only buy more bitcoin and keep them for the day that you can use it as a substitute for money. Using bitcoin as a money is the stable stage where bitcoin starts to rule the world economy. I guess it's possible in near future as mass adoption in good growing rates. When most of the people think to use bitcoin as money, the waiting time to do is considerably get shrunk. By that time, the early investors and speculators would have made tons of money. I hope we get there quickly. |
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What about the source code running on all those IBM computers. Can you examine theirs too? Can the people of china, not the politburo, see what their government do with IBM?
Open source? Check out Ubuntu kylin, especially developed to be "compatible" with the chinese politburo...
I did look up Ubuntu Kylin. The website says "complies with the Chinese Government procurement regulations". What the hell would procurement regulations have to do with software? If I were a Chinese, I would just go ahead and use the normal version of Ubuntu. Not much that the government can do, right? |
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as if teenage boys need 10 minutes
ha ha. For all you know, they might start specifying different time intervals for different age groups. You might have to look up a tabular column every time you decide to have sex.  |
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And it did work for LTC. It went from 1 dollar, to 8 dollar, to 3 dollar. So the price more than doubled tripled even after the halving bubble deflated.
I was expecting $400 from Bitcoin halving, but I'll take $600. There was always the chance of when the media reports Bitcoin is up 50% from halving it creates a new bubble anyway. Yup, these kind of reports create a self-fulfilling prophecy. The run up in 2013 was partly driven by such reports. So we can expect a lot more excitement closer to the reward halving time. |
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Just normal price action. Once we broke above resistance at 230, everyone saw the breakout. Miners and traders wouldnt sell at 240 if they thought the price would soon be higher. Fundmentally, people are already taking long positions ahead of the halving.
The spike over $260 was unexpected. Have all the sellers disappeared? Probably price wants to test the $300 level highs we hit in March and July. Given the current strength of the bulls, I would say there's a good chance we'll get there. If it crosses those levels, then a bull run is confirmed. Will be interesting to see how this plays out. |
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Use open source. You have nothing to worry. They can examine the Bitcoin protocol source code to their heart's content. |
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holding bitcoin buying at $220 i think im luck, but my coin not much, only ~1 BTC waiting $300 Hold for longer. You cannot predict where Bitcoin will be once the bull run starts.  |
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No implied yes? What if my girl just doesn't say "No"? She doesn't like me yapping away. |
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Long-term loans in BTC are possible? Because of defation.
Sure it's possible! The greatest risk to BTC lending isn't currency risk, it's repayment risk. It's easy for someone to "take the money and run" since there are no reversals of transactions and no credit bureau to ostracize the defaulting borrower in the eyes of all future lenders. Deflation is an interesting consequence though. But it only hurts the borrower, and that penalty is something I'm OK with. Borrowing shouldn't really benefit the borrower as much as it benefits the lender. And if bitcoin price increases by 10% in your loan running time, it basically means you have to pay an additional 10% interest. Unless you peg you loan in USD instead of btc ofcourse, which would probably be the smart thing. If your peg your loan to USD, it really isn't a BTC loan, is it? I would say a BTC loan over a long term isn't a wise idea. |
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Yup, even in hindsight, we cannot calculate what the effect of the block halving was (because so many factors influence price).
So, trying to predict is futile.
Yup it is very futile to predict now, it doesn't make sense even if you said it will increase or derease or just stay the same but it is just a suggestion on what will happen in the coming halving of bitcoin, suggesting something isn't gonna hurt no body right? Nope, it won't hurt anybody. The uptrend seems to have begun. I am not letting go of my coins till after the halving. |
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Just normal price action. Once we broke above resistance at 230, everyone saw the breakout. Miners and traders wouldnt sell at 240 if they thought the price would soon be higher. Fundmentally, people are already taking long positions ahead of the halving.
The spike over $260 was unexpected. Have all the sellers disappeared? |
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The same debate happened before the last Bitcoin halving in 2012 and nothing actually happened to the price. Of course back in 2012 Bitcoin was much less known to the general community.
You should qualify that statement saying nothing happened immediately. The price now is a lot higher than what it was 4 years ago. Yup! I know, I am just saying that the increase or decrease of Bitcoin will not be very high or low, but predicting it now in the recent halving and base on that alone I think it still be the same as the last time. Well that is only my prediction.  Yup, even in hindsight, we cannot calculate what the effect of the block halving was (because so many factors influence price). So, trying to predict is futile. |
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Individuals typically have a false sense of security with new advances in credit and debit card technology when there are many trivial ways to break them that bitcoin isn't vulnerable to: https://www.youtube.com/watch?v=Ks0SOn8hjG8Interesting video detailing the many vulnerabilities of Chip and Pin. A lot of countries still have credit cards with magnetic strips. So even this primitive level of security is absent! |
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The article says that Intel was sued on the same patent, but they settled.
That was a smart move!
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