who knows, maybe we will not even see the $1000 level in a year or so. if you're talking about $3000 prices, then make sure you'll be holding your coins for at least 4 or 5 years. can't see it reach such a price much sooner (if ever).

you seem to forget that bitcoin is divisible into much smaller units. to be more precise, you can divide a single bitcoin into 100,000,000 satoshi's if you so wish.

if i look at my cold wallets, then the average buying price of one of my cold wallet is $260, and the average buying price of my second cold wallet is around $320.

with smart people i am mainly referring to wealthy people who are looking for a way to put their money into something that isn't going to make their wealth decrease due to this what i see as nonsense drama. wouldn't you choose to secure a part of your wealth just in case this brexit nonsense makes the economy sink even deeper? i would.

i am talking about the halving influence on the price which has been going on for longer than just the growth of last months, and not the growth of bitcoin in general. just look at what will happen once the block halving is done. the price will crash dramatically.

smart people think beyond what the average person sees as a valid reason to vote for "out". the impact on the entire european economy will be even worse than what "experts" haven been saying. the impact on the gbp will be severe as it will receive some heavy beatings. the value of fiat in general is only decreasing. add a brexit on top of that and look what will happen.

yup, it will never happen. people hoping for bitcoin to replace fiat currencies are wasting their time big time. bitcoin is just an alternative and that will never change. some people need to accept this.

if you bought your coins somewhere around the $400 price level, then surely it's a great moment to secure some of your profits. it would be sad if the price falls back to lower $400's while you could have sold at $580 like now. or work with stop loss orders if you know the risks of this feature.

yobit is nothing. right now if you want to pump the price of bitcoin in yobit exchange, then it will cost you only $1655 to pump the price to the magical $1000 barrier.

everything that happens now is because of the speculation and hype around the block halving. when the price start to come down after the halving, it will take quite a long time to recover back to the pre block halving price. patience will be required.

people will just lose more faith in fiat money than every before. i think that smart people will look for an alternative such as bitcoin to store their money away to protect their wealth. people are sick and tired of all this nonsense. whatever is happening, it's always the people that get to suffer. why waiting while you can put your fiat into bitcoin right now? don't waste more time and start doing it now!!

that's correct. people that had 10,000 coins back in the days when a bitcoin was worth next to nothing, they nearly all have sold their coins. and now these people are just holding around 10 to 20 coins, which is still a more than decent amount. after 5 years if the price keeps going up significantly, they will have just a few coins left. the thing basically is: the higher the price is, the lower the amounts that people will hold.

at this point the hype about the block halving is what driving the price and thus the demand. the bad side of this is that as soon as the block halving is over, the demand might fall down really hard. that's why i expect the price to go down significantly after the block halving. after that, the price must go up on its own. the lower block rewards will help in getting the supply and demand levels closer to each other.

the current market is full of investors looking to make quick bucks due to the block halving. that interesting is it. i just hope they don't leave after the block halving when the price is stabilizing somewhere this year. beside that, where do you see that the number of users is increasing? here on this forum you are talking about?

in order to prevent that you are holding your coins for nothing, it is the best option to secure profits from time to time. that way you never miss out on anything.

it doesn't really matter whether or not it will be a slow journey to such insanely high price levels. if it's ever going to happen, then real holders will benefit the most from it. see it as a bonus on top of your retirement money. that's why it's not a problem if it takes 20 years before we come even close to that price. you know that you have something that will continue to grow. that for me is very important. growth of your wealth is everything.

it will never happen. explain me, why would the us government ever allow something to replace their currency that they have no control over? that just doesn't make sense. if something is ever going to replace the dollar, then it will be something released by the us government, and no one else.

people just suppose satoshi has close to a million coins. this has never been proved. beside that, if a dump of even 100,000 coins happen at one exchange, the price will fall below $50 instantly. maybe even lower as stop loss orders will add another wave of coins getting sold after each other. with that many coins you can cause a lot damage to the market.

which it did. the price started to increase in 2015 and till now it's not over yet. we have a month to go to the block halving, and within that month literally anything can happen. i definitely expect another bull run to start at the end of this month, or else at the very beginning of next month. just make sure you hold enough coins that you can sell at the peak!

the current price rise isn't over as long as we have the block halving still ahead of us. after the block halving i expect the price to come down significantly. it's a normal thing to happen as there is a good load of hype and speculation in the current price due to the block halving.