I'm waiting for 650-700$ the bottom line then re-buy it and I will hold bitcoin in 3 months later . I expect bitcoin will return back at least 1,000$ or more in this year. I like bitcoin to be pumped and dumped . it will give us more profit.
the bottom and the high after it is not for sure at this point and we have no way of knowing. but what we know is that the current dump has no real reason behind it and it is based purely on FUD and also we can be sure that price will jump back up and when it does it will go up fast and big. |
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i am really getting tired of seeing all this talk about China and bitcoin. everyone should start talking about the other 195 countries instead of focusing on what people are doing in China when it comes to bitcoin.
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you forgot to mention the promotional giveaways  one thing that i love from gambling is the giveaways, specially those giveaways that are a decent amount of satoshis that allows us to both test the new game and also if we get lucky and win we can withdraw something and be happy. |
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of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.
Not just for those people who bought coins but for all the people who are using bitcoins and having some trades with it. The price is really a matter of importance in bitcoin and this is why we are loving the way it is making itself well known. And as of now, the price did reach ATH for this year and many of people surely encouraged to use it. when you only consider bitcoin to be purely for investment then the price becomes important to you, there is no argument there. but bitcoin is not just investment, it is also a currency that we can use to buy things with. in that case the only thing that matters is bitcoin itself, its security and as far as price is concerned the stability of it is more favorable than a volatile price when you are spending it. |
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IMO the sub-$350 that was predicted in the OP is way too low to be sustainable. We've got half the coins getting mined vs the last time, so I believe it won't go as deep as that. Maybe $450ish but the sub-$350 is like the worst case scenario.
first of all OP is a known troll and a liar who always says the same thing, you can check his post history to see this. second of all prices below $600 are impossible and prices between 600 and 700 dollars only need a horrible thing like another bitfinex hack to happen, otherwise won't and anything below $800 is highly unlikely. and these are prices that we have seen so far. |
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I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
Actually almost all countries not supported bitcoin but their citizen are allowed to use bitcoins. Well, i never heard that news about 6 months jail. But in my country, the government is not know about bitcoin, even the citizen also not know. Only some people know about bitcoin in my area. Even the countries not support the bitcoin but at least you still can use it online. every government in the world knows about bitcoin, bitcoin didn't start yesterday it has been 8 years so believe me they do know about it and the fact that they don't say anything about bitcoin is that either they agree with it or since nobody uses bitcoin in that particular country they keep silent. |
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I am just wondering if you still would gamble if you would have enough money? I mean, now as it is, do you gamble for the fun or for the profit?
after all this time, i have learned my lesson that trying to make money with gambling is a very stupid idea and anybody who tries it will lost a lot of money in the long run. so even if i was a millionaire and money was no problem i wouldn't be gambling for money. |
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you can only dream about the cheap bitcoin price now.
we all have to accept the fact that price has gone up and those days are over, there is a good resistance in the $900 price and it can not be broken as we are seeing from the orderbooks clearly.
I think the price of $950 is very cheap. 950 aint cheap any more and it never was, i did post around 800-900 range not to buy when people asked. cheap might be around 500 range cheap is a price that soon there comes a time that you can no longer see that price. i can show you a thousand similar comments like you from the previous 8 years that say the same thing about $0 to $900 and every price that we passed became a history never to return. a couple of months from now you can come back to this comment and see what he meant when he said $950 is cheap. |
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people are always speculating about these things and they never come true. and this happens every year.
for example a couple of weeks back i heard speculations that because of New year of 2017 people are going to dump to have cash for their Christmas purchases and price will go down but we clearly saw that price went to $1000 instead.
that is why i say things like new year,... have no effect on bitcoin price since it is a global 24/7 market.
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this can indeed be a new era as the article says but a new era for cryptocurrencies which have no central authority to be handing out these kinds of information. in my opinion this can be a launchinig switch for bitcoin so that lots of investors move their money into bitcoin holding.
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You could try and sell premium tips here.
Dunno if people buy, but there are tipster that charge for their tip
indeed currently people more concern for sport betting because apparently this is more profitable rather than other games but i think not necessary to buying premium tips because some people or there are plenty sites provide free tips and most of them also had almost 90% accuracy to won the bets yes that is a fact that sports betting is more profitable than all other format of gambling, but most of the free tips are scamming, they give thier prediction without any investing and study. therefore you need to get tips from some trusted sites or directly from the performance of the players. gambling usually can not be considered as a profitable activity, and certainly nobody can make profit with gambling in long term and using different strategies and going into other types of games such as sports betting is only diversification to get your mind of things but the fact about losing doesn't change. in my opinion if you stop gambling it automatically becomes a profitable activity. and that is the only way. |
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it is strange that some people on this topic have a hard time with methods of earning 0.1BTC per week it is only 80-90 dollars that we are talking about here and it was a lot less when OP started this topic.
you get a job and make that amount easily and then buy bitcoin. this is the newbie friendly way.
for others you can invest in trading if you are advanced and make 10 times that amount in a week.
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As seen on Twitter. https://twitter.com/brian_armstrong/status/817258015619321857This was tweeted yesterday and I cannot believe we all have missed it. Now that he supports it, will we see the tide change and see more support from other exchanges and merchants, and more importantly other miners and mining pools? Brian Armstrong may be able to rendeem himself from all the stupid comments and sarcastic jokes he made on Twitter. wasn't coinbase already supporting SegWit before? i swear i saw the name Coinbase listed on those who support it! but anyways, this is good news that one more is on board but we need miners to accept SegWit otherwise it doesn't matter much who else accepts it. |
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What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.
considering the price was nearly $800 before this spike started and also considering that price was extremely stable and strong with a slow snail-like rise, i can agree with your guess about $850-875 range to be the stable price of these days and then move up from there. maybe in 1-2 months from now. |
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As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain. Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017? If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think? i still love bitcoin and believe that it is a great technology with a great future, the adoption is still ongoing and things are looking good. there are some troubles like the block size limit which i hope gets fixed this year. also the price volatility is getting a bit annoying these days. |
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this is a great lesson for everyone and it even deserves to be stickied here or in trading board preferably.
so that everyone can see trading is a risky job and you can not predict what is going to happen, you have to go in with amount that you can afford to lose not all you have, because incidents like this can really ruin lives.
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I believe bitcoin will become a currency in the future given the increasingly sophisticated technologies, I think it is an advantage to invest from now the thing that makes me believe is the increasingly sophisticated technology will fit into the financial sector, but for the loss I think it all depends on the individual each how to keep their wallets from hacker attacks
bitcoin is a currency now too. the only thing different is the fact the people don't seem to be eager enough to start using it as a real currency to pay for stuff. maybe they don't have enough reasons to do it either. for example if someone who is new to bitcoin wants to pay for some service with bitcoin he has to go to an exchange, buy bitcoin and pay 2 fees (fiat deposit fee and trade fee) and then withdraw and pay for that service all this extra steps throw everyone out.. |
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i usually don't like getting ahead of myself with speculations like this, but my guess is if the year 2013 is repeated once again the price can go up to ~$3600 easily within a short time with a bubble.
but things are so different than 2013 and price has been rising slowly ever since the last bubble ended.
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i think one of the people who is extra happy about this rise is Kim Dotcom because most of all his new project, megaupload 2.0 is mostly using bitcoin and also it is because his speculation about price of bitcoin has came true before his release of megaupload 2.0!
in any case i can not wait to see how this is goint to live up to the expectation or not.
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I hope definitely not. Mainly because of the fact that it took us so long to reach these price points. That being said, it doesn't hurt to cash out profits at these prices.
I have secured profits between $1000-$1010 which I am very happy with. If the price happens to tank heavily, I have a decent amount of fiat to buy back my coins.
price is playing on 1020-1030 USD and from what i am seeing on the Chinese markets i don't think this is going anywhere other than up, i actually would prefer it a lot if price stayed here a little longer but i am not so sure about it anymore. i think we will see $1200 soon. and to answer OP things are so different from 2013 and i didn't vote because i didn't like any of the other choices! |
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