$500 is a psychological point I know. It's still great to see.
Let's hope we can hold above this. What is TA showing?
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We are surely making history however Bitcoin market cap is way too small for Wall Street to get heavily involved in direct Bitcoin investment
well, i agree that the current market cap of bitcoin is a joke for wall street guys, but this offers them the chance to enter the market at current prices and then crank up the prices by x5-x10 and then rule the entire bitcoin market with iron fist. and who knows, maybe they are already slowly accumulating coins to not affect the price too much. No Matter, Bitcoin is less market cap than Wall street, but sooner it will over this When the pension funds are allowed to invest into bitcoin, the bitcoin price will rise many times. If this should happen we will surpass moon and heading directly to mars!! 5-6 digits would be easy targets then. I'd expect high 4 digits. I would really, really doubt Bitcoin going up just because of pension plans starting to accept Bitcoin. It would mean that Bitcoin is a bigger commodity at that point, and the government and multiple other agencies are interested in Bitcoin and recognize it, so having more people interested in investing isn't necessarily something that is completely out of the cards. 5 digits for Bitcoin would be nuts, and I eagerly await the day it hits that sort of value, but I doubt it'll be within my span of interest in Bitcoin, maybe even my lifetime. you lack faith, or you're really impatient and/or old. it won't take very long at all before we see 5 digits. i predict anywhere between 5 and 10 year that we will see 5 digits, maybe even 6. That means work for 5-10 years and then retire. I can live with that. 5 digits and I am hanging up my work boots.
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So many stupid people posting here.
Bitcoin went from 120$ to 1200$ in a month. It was 10x increase. From 500 to 5000 is also a 10x increase yet some absolute morons with no knowledge of history at all think that it would take LONG TIME for BTC to jump to the next order of magnitude. A month is not a long time. It can happen at any time, without warning. And by soon I mean in 2016 (Spring 2017 the latest).
I am glad someone has said it. Spot on
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Well here it is guys. You want to be "investors," "speculators," "traders?" Well this halving will separate the boys from the men. We'll see who is willing to go all in and who isn't. This is the nature of the game! You have to be in it, to win. Those that are sitting on the fence have 0% chance of profiting, but also 0% chance of losing. But, those of us who are willing to put our money where our mouth is... those of us that are willing to walk the walk... we have a 50% chance of making HUGE BANK!....... BUT, also a 50% chance of losing it all This is the coming of age/rite of passage for many of you young investors... Boys will become men no matter what happens. I'm willing to play. I'm probably holding more BTC than I should be... but, this trade has been three years in the making. I definitely will not be backing out. 100% Prepared for all outcomes and eventualities... LET'S AVE IT!!!! Same as me. I'm in. Let's be brave.
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Paper wallet done.
Yes I was a fucking idiot but as it wasn't an online wallet I stupidly assumed there was no issue. All the horror stories I read were about online wallets.
Lesson learnt.
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Hi Guys,
Unfortunately I have had 5 bitcoins stolen from my wallet. I have a bitcoin core wallet which is encrypted and hardly ever use.
I have full anti virus software on my computer and in my mind that is pretty safe. It looks like the thief tested my wallet with 2 small transactions and then took the other 4.6 bitcoins.
Obviously I am annoyed at this and want to protect the rest. This was back in November and I haven't been about since then or even used my wallet or updated it. {I have only just checked it and am updating the walled transactions now}
Please can I have advice on how to go about fully protecting this from happening again? I am not that tech savvy per say so an idiot's guide would be helpful.
Thanks in advance.
Russ
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We know Bitcoin is volatile.
This is a bit brutal though. Time to buy yet?
There is blood on the streets.
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20-30% stocks 10% under your bed 10% btc 1% altcoins
You lied to me. I've looked several times and I have not found your stash under my bed.
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15% gold 15% stock 30% silver 20% real estate 10% fiat 8% altcoin 2% bitcoin
Yes I still have bitcoin in my portfolio. All the problems bitcoin have can still be solved, it doesn't look like it's going to be solved or even worked on, but who knows.
@outofmind I don't think you're a good investor if you think the price will go up because of the halving.... check amazon for Economics 101 for dummies.
You troll on Bitcoin a lot. I hate to see what you write in the silver forums if you hold 30% of this.
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Holding a coin doesnt raise its value.. Thats why 42coin is worthless.. Velocity does though in accordance with supply
You are wrong. 42 coin is a coin that do not have a community that wants to hold it. The number of coins is irrelevant, the only relevant thing is how many coins are hoarded and holded. Not the number of coins. Even doge will rise in value if it is considered something that everybody wants to hold it for some reason. Cat puke would rise in value if it is considered something that everybody wants to hold it for some reason. Ah but cat puke is not finite.
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(Still new to Monero but doing my homework and looking to join you all very soon)
Don't forget to join Crypto Kingdom. It has the very interesting ingame asset Town Consol (CON) perpetual bond. It pays 0.1 XMR every week forever, and has a liquid secondary market. It is currently priced 16.52/15.87 for the annual return of 38%. I did see this but with my own business and a baby to look after at home I am not sure if I'd have the time! I will look into it but there are not enough hours in the day as it is. If all plays out how you hope Risto where do you personally see XMR in the future. What price? What level of adoption? I am only after an opinion. Thank you.
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I am probably too heavily invested in Bitcoin. Not because it's more than I can afford but I am all about btc and I need to open my eyes to other potential alts. Monero makes the most sense to me.
IF.... Monero takes off it has the chance to make quite a few early adopters incredibly wealthy from what I see.
(Still new to Monero but doing my homework and looking to join you all very soon)
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I agree it's hard to know what alt coin will become adopted by the masses. I've been involved with Bitcoin since mid/ end of 2013 and I am confused there are so many out there saying they are the next big thing.
If I am confused what hope has the average man on the street got. Maybe it will only be Bitcoin as that's all the media and (some) people know about.
Another alt coin would need something massive or a huge ad campaign to get it out there.
How can Monero for example get recognition?
It's all very well us bitcointalk members loving it but that isn't going to do much for the future.
What thoughts do you all have about this?
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Where are all buyers now? Are they hiding themselves in holes?
Here I am. Bought about 0.6 btc exactly at 00:00 (UTC+1) of this new year. With the desire to buy 100 but without the money to do this. Being convinced that this action will bring me luck during all the year in everything (if I would believe such bullshits ). I can assure you that I will continue to buy bitcoin even for at least 5-6 months. Within my possibilities but will buy. From what come all this angry and stupid words about bitcoin? For more from one who made post at the home of bitcoin... Very strange... Why are you buying now. I believe that you were alive four years ago, when bitcoin was much 100 times cheaper. I was alive last weekend when they did the £46million lottery draw. Guess what.... Didn't win.
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Sell your kids, wife, goats, whatever people just get that 1btc and stop gambling.
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I was wondering when that would happen
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guys... the US govy is manipulating the price of pms down, meanwhile, they are manipulating the price of bitcoin upwards. additional adoption is week because new user adoption remains extremely weak. the us govy pumped bitcoin for the marshal's auction.. to make a profit. .... this pump was also used in a desperate attempt to draw in more new users... problem is the flouride and aluminum brain coated morons wiped out some bitcoiners, because those bitcoiners knew what the real value of bitcoin should have been at the time. bitcoin is a SCHEME to scam people from buying pms. I am down 55% on my Pms holdings. Bitcoin I am 50-60% up. Metals are always manipulated and people have been saying for years that silver will be $100 per oz or $500 per oz. I wouldn't believe Shiff, Maloney etc too much. The only reason I won't sell mine if because I am so down on my investment. Who knows what it would take for especially silver to go up. A miracle?
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Gentlemen! Your latest Hero Member is here! Well done! Just a few days behind me then!
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I think few thousand is better. Then sit tight for a few years and pray.
If everyone does that it would be at zero.... Trading, buying, selling, spending is necessary for success, if everyone just bought a few thousand back and did nothing except sit on them they would at some point become worthless.... Where can I spend Monero here in the Uk then?
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GingerAle is referring to sell orders that are on the books. And he's right. If you dumped the required amount of BTC into Poloniex and did one massive market buy you would drive the price up to those levels. Keeping it there is another story, but you could drive it there and possibly keep it there for the 30-second duration of a Super Bowl commercial.
I see. I wouldn't have known that. The more I read about Monero the more I want to invest.
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