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I never use public wifi networks. Why should I expose myself to all the threats that are possibly comming my way as in some one stealing passwords, being able to know my personal information, etc, when I use a public wifi network... There is no need for it, so don't use them. Better safe than sorry.
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# Registrar : Namecheap
# Expiry : November 17, 2016
# Start bid : 0.03BTC
# Minimum bid increments : 0.002BTC
# Buy now : 0.10BTC
# Auction duration : 24 hours after first bid.
# WhoisGuard included.
# Escrow possible.
Solid domain with high potential.
Only Bitcoin as payment is accepted. Bitstamp will be used as source for pricing.
I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN
By placing a bid you agree with :
# Winner of the auction pays first if you don't want to use escrow.
# Transaction must be completed in less than 24 hours.
# Private bidding is not accepted.
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My guess is the US. But don't forget European countries As Germany and the Netherlands. Not many people expect these 2 countries to be that active when it comes to Bitcoin usage, but it's a reality.
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It doesn't matter to me as far as my cold wallet coins goes right now, as I don't plan to sell them within 5 years anyway. It's also not important for me when it comes to spending Bitcoin. If I have to pay some one $50 worth of Bitcoin for something I bought, I simply convert fiat currency into Bitcoin and then send that person his $50 worth in BTC. Very easy  When it comes to trading, the price for me is very important. I am trading for years now and the profits in BTC are in 90% of the times directly sent to my cold wallets. That's how I am accumulating coins for several years now. |
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Fake volumes are basically happening on any significant exchange you can think of. Bitstamp is definitely no exception. The important difference in faking volume between Bitstamp and Chinese exchanges are the amounts of volume. China doesn't do much to hide their beyond insane volumes.
My eyes are always pointed to the live orderbook and live trades Bitstamp makes every day, as it is my exchange of choice. It doesn't happen every day, but from time to time there are no sense making trades happening that are worth up to 2000BTC and some times even more. This can be a sign of faking volume, but we obviously have no proof for that.
Nowadays, faking volume to entertain traders have been top priority for a lot exchanges. One exchange does it more than the other. We can't do much about it other than just continue with that we are doing. Just ignore it.
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I will exchange all my fiat for Bitcoin if the current fiat currencies are in great danger. At this point we need fiat, but if I have the feeling it's about to collapse, I will not hesitate and convert every fiat cent I have into Bitcoin  |
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i don't like when there is too much focus on comparing the future with the past, this is something unprecedent, or not exactly like in the past
it could go either way, but if the sentiment among everyone is toward the increase, it will increase simple as that
You are right. Comparing current market sentiment and trends with how it was back in the days a few years ago makes no sense anymore. We are much further now and there is much more money involved. We are now also facing the block halving that will surely cause a massive increase in demand over the comming years. These times are the times to accumulate coins as much as you still can. After the block halving it will be much harder for sure. |
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I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy
I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets. I repeat: I think Bitcoin is meant to be used and re-used all over again. I keep my coins with due respect but I keep buying and spending them. Sometimes with a nice fiat profit inbetween. I'm not saying do not accumulate, what I'm saying is try to spend and rebuy. You might find it a good way to accumulate more. I am accumulating and spending no matter what. But I don't spend any coins that I own at this point anymore. When I need to purchase some stuff with Bitcoin, I simply convert fiat into Bitcoin, and then the spend the Bitcoins on whatever I like. |
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Can't think of a reason of why the price could reach $1000 in a matter of around 11 days. The peak to $1000 back then was driven by huge loads of demand. Every one was going nuts to buy theself even 0.5BTC just to benefit from the peak as people were thinking it would rise way higher than $1000. Currently we don't have that kind of demand to make such a large price jump.
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I wonder if people will try to search through the entire ground of Utah to find the burried Gold and Silver being worth $10M. Not very smart to share such information with the outside world  |
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This year a few retailers in UK do not participate the Black Friday Sales. Citing the shopping fatigue. Black Friday Sales encourage customers to buy things they do not need using the borrowed money. That is the waste of resources. These money can be put into much better use. These kind of sales exploit the human weakness.
People are the one's who do purchase goods with money they don't have. You can't really blame any one beside the people themself for that. If they have a weakness for using money they don't have, then they should seek for help. The only thing I blame these shitty companies for is that the debit card companies don't care about people. They just see money. These companies needs to cut down and block everything untill the people paid back the last cent, and not continue to let people make even bigger depts. |
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With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point. Most likely breaking and staying bellow the $300 point.
Unless there is another speculation run up.
Because you think people will sell their coins for fiat to buy goods and gifts? If they are securing profits to buy stuff for the holidays, then it's fine since it is profit. But if people cash out because they don't have other money free to buy stuff for the holidays with, then it means they are investing the money they need and can't miss in their private life into Bitcoin. That's when things start to go wrong. I do think we'll hold the $300 price level. If we advance a bit further the comming weeks, then we are more likely to see that price level being maintained as dumps will then not push it below $300. If they want to see it below $300, they can, but if whales have already accumulated enough coins, then there is no reason for them to do it. |
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I think if people had taken the time to think about back then, the most likely conclusion that they could come to is that following a massive run up, there has to be a massive sell off.
However the probability of that happening coupled with the potential profit that could be made trying to trade it vs the risk of being caught out means the smart thing to do is just hold, don't fear the paper loss, and gradually accumulate within your means (don't spend what you can't afford to lose).
I think if people take the time to think about it now the most likely conclusion is that following a long bear market there is probably going to be a massive run up.
The probability of that happening coupled with the potential profit that could be made holding and skimming off vs the risk of selling early and being caught out means the smart thing to do is to just hold, and gradually sell off a small percentage at regular intervals.
This has always been the case. Boring as hell, and all the kids make fun of you because "YOU SHOULD HAVE SOLD" but pit pat piffy wing wong wang always loses in the end.
Let people think and say whatever they want. People who really appreciate Bitcoin and its future potential will hold their coins no matter what. A lot people say; ' Holding Bitcoin is boring because it barely gives you a return' These kind of people are just stupid. How can you expect Bitcoin to give you a 50%-100% return on your investment in just 2 weeks..... They are chasing some quick profits, but they don't realize that they can have huge profits if they hold their coins for the very long term. If Bitcoin really takes off, and true believers do think it will, then current prices are nothing more than a joke. |
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I don't deny that a +7% in 24hrs is a nice thing but hey, it's a long way to the top. I don't get much excited anymore. Maybe it's just me.
However, I must admit that in the last month I'm using more and more my BTC. To me this is a good compromise price to spend and rebuy
I am also not getting excited anymore about 10% increases. No matter how high the price is going, I won't sell any coin at this point as I wait for the block halving to be completed next year. Right now it's purely accumulating coins and sending everything to my cold wallets. Regarding OP; It's not that likely to see the price reach $400 without genuine demand. It can go up again if a large trader decide to trigger people to panic buy the price up to $400, but I really prefer to see it rise slowly to the $400 level. Let it take a few months, not a problem for me. |
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I haven't really had a few good predictions in a row in ragards to the price going up. But when it comes to selling, I have been 75% of the times spot on. I manage to sell at highs to buy back at a much lower rate. That's what made me good profits throughout the years. With the most recent rally I have sold a certain perentage that I bought at an average price of ~$220 for $365 which is a great profit. Not long after that it went up to $500 but it came back down to below $300 very short after that.
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The only real difficulty for me at this point are the shitty exchanges we have to deal with. The other thing that I would like to see be different, but it's not critical at all, are the confirmation times. I have done some real life transactions this week, and I had to wait 35 minutes outside to receive 1 confirmation. And we all know it can even take up to an hour for a single confirmation.
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I work at a cloud computing company and the other day I was talking with someone at work about Github and C++ but when I mentioned Bitcoin they had no idea what it was, so I showed it to them and explained everything. I have been watching Crytpocurrencies for a while and I do believe that they, along with various altcoins, will become global standards and possibly even take the place of national currencies in some places. For example, in Argentina Bitcoin has, at times, been more stable than the local fiat currency.
Very weird, but I have seen some one post the exact same stuff as OP did now, a few weeks or perhaps a month back. It was also about him working at a cloud cumputing website and so on. The usage of words are nearly identical. |
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I hope for it of course, but it's not very likely. If we manage to stay around current price levels $320-$340, then it's fine too. I only hope we won't dive below $300 again. I think the buy support around $300 is strong enough to hold.
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still looking for members.
increase rate! i will come! what rate are you thinking? EDIT: you are asking for 0.02 a week to place an ad in your signature, this campaign is paying double that? LOL... Your rate is 0.0004BTC PP, and he is looking for a higher PP rate. That's what he means. |
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For me the only wallet I use is Bitcoin Core. It has never let me down so far. Its only downside is that it might take a while to open and sync, but that's not a problem if you do something else in the meanwhile.
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