I don't believe that it can go to 300 again at a moment, as we are expecting the price rise and it is rising at a moment, maybe it will fall down after the couple of months of halving.
We will never see $300 again. That price is the history now. In the next 6 months, $400 will be the bottom.
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I've bought some stocks for oil a few weeks back. it's a very good investment in my perception. Just let the price go back to 100 usd per barrel in a few years and i've tripled my investment.
It depends on if your investment or the company can survive the low price in the next few years.
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what you said is correct if you have in your wallet anytime you can do what ever you want, but if you are keeping the bitcoins in exchange or any other scheme then you have to wait for them when they send it or if they have miss used your bitcoins then just forget it. That is what it is told that when ever you want to trade or sell or buy anything just transfer from your wallet and trade it and withdraw back to your wallet.
Yes. It is better to withdraw your bitcoin or other currencies from the exchanges after you buy it. It is safe to keep in your own wallet.
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There are 60 oiltankers waiting at ports of Rotterdam and IJmuiden to dump there oil but the storage capacity is at there max. This didn't happend since 2009...
They went for anker and waiting.
I heard Shell rented tanks to store its oil for future sale. So the price of oil will not rise soon, still over supply.
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If anyone wants to start a Bitcoin bank, I've got the domain name 1stBitcoinBank.com and would entertain offers (p.m. me)
I shall not use any bitcoion bank unless the bank is regulated and my deposit is protected. I prefer holding myself.
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this time the price down to $ 415. may soon be down to $ 400, but I do not think much. if bitcoin will fall to $ 300
Yeah that is true,, the dip haven't even push the $350 so it is really far from happening now that bitcoin would dip at $300 or lower... I think the $350 will be the long term bottom of the bitcoin price. It is close to the cost of the mining now. I don't think it will go that low at a moment, it will be around $400 and that would be bottom for next couple of months, as halving will pump up the price of bitcoins. The price will stay above $400 in the foreseeable future. Even if the price drops below $400, it will be short period.
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I think in 100 years, there will be no more than 20 million coins left in circulation. Some will be lost.
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We are not. If you can see now the value is now rising. But it is not so stable, but it will be higher in the future. It needs time. If you wait then you can see the difference between now and later in the future. Dont be greedy and just wait.
greed is what drives a lot people here in this forum. these people can't control themselfs. that's why people keep going full nuts on altcoins and some of them still invest in obvious ponzi scams because they are being offered high and quick returns. these people only learn when things go wrong. I am greed, I want to earn more money. But I do not touch the Ponzi scheme. I know I will lose eventually.
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Got 16 Rigs with 6 GPU's with windows 7. Works perfectly.
Works even better on Windows 10.
Do you mean the miners hash faster on Windows 10. I heard somebody said Win 10 is not good for mining. Do you have AMD cards?
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well depends what you want to do with them, if you want just to use them, then no need, you can spend them right away now, but if you want to sell them for more later, then keep for sure, for months or even year
I will just save the coin. For the time being I do not have to use them. In a few years, I might use the coins.
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Can't the total number of bitcoins somehow be increased? 21 million is not that much when you think of it.
There are 21 million bitcoins. There are 21 billion milli bitcoin. You can add many decimal point in the unit.
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OP should really change the title of this thread, but since it is kwukduck he will definitely not change it. I think it's better to get this thread locked and unlocked when we are nearing the $300 level again. People keep commenting here like the price currently is sitting at $320. Yeah, and the price is around $420 at a moment and not possible to fall that low until the halving occurs, but maybe it might go to $300 after the halving, not sure though. Why should it be possible to go sub 300 AFTER the halving? Price is supposed to rise not to crash like this! After the halving, I think the bitcoin price will never go to $400, so $300 is impossible to go to.
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Bitcoin is a work in progress. As long as there are people who are willing to support it, no matter what happens to it's price, it will never be unused. Also with the current stand of bitcoin as of today, I doubt that will ever happen well at least not any sooner. Bitcoin has not yet reached its full potential.
It will take several decades for bitcoin to reach it full potential. It is just 6 years old, still in very early stage.
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That's impossible if it will fall to $300 miner's will be useless and they can't be profitable. So i think its impossible.. and it will not happen. unless bitmain will held a newborn asic miner or powerful miner.. that can mine times 3x o s7 miner..
BTC/USD was under $300 for most of last year, yet miners kept mining.Kwukduck was wrong, but I'm certain it had nothing to do with guesstimates for miners' break-even point. During that time, the difficulty is less than 50% of present value, so they made good profit then.
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These 970 cards cost $370 in my country. So it is not profitable to make a rig with them if the Ethereum price drops.
No-one said you had to, no-one's trying to convince you either way. If it doesn't make sense, it doesn't make sense. I need nVidia kit because of my work (HPC); virtually all GPGPU is CUDA-based, some is Intel Phi, but nothing of consequence uses AMD, or for that matter OpenCL (yet?). Doesn't make sense for me to buy any Radeon's even though they're "cheap", does it? I haven't sold a single ETH yet, don't care where others think the price will go. No-one does, if anyone says so they're full of shit. I have my plan/goal, sticking with it, and if the whole altcoin world craters I could care less because I didn't spend money on hardware I can't use now and later, and I've only spent a small fraction of my electric bill on it. It is better to use the existing rig to mine. The price is quite volatile, so it might not be profitable to mine in the future.
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keep holding your bitcoin and don't sell it, better use bitcoin to buying something in future, because in future bitcoin will be rare and very hard to mine it I will keep holding my bitcoin. I might sell it when there is a very big pump of the price, which I cannot resist. Long term holding is the best strategy. The bitcoin will be adopted in wider society and have more value.
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I am member now, could you please update?
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I dont know exactly how many mined coins were lost until up this year or point.
So its really hard to say, but just remember the 210,000,000 count.
Thats still a grip load of coins even if a good sum got lost. The actual holder of people holding bitcoin is hard too, since the whole buying and selling..
It should be 21,000,000 coins in total. I think we may have lost several million already.
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Ok I just oppened a short so I do hope the price will fall. BUt it won't go as far as 300 that's just not possible xD
The price might drop below $400. But it is unlikely to go below $360, it is different from a few months ago.
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I think nothing is impossible. Anything can happen in future, there is small chance that bitcoin will be abandoned and disapear in future, but it's just small chance.
I really hope that in the future when technology is developing, many people will adopt bitcoin as their alternative payment option and bitcoin will grow into the most popular alternative payment option, replacing the other services.
If the Bitcoin development continues all the time, it will not disappear. In fact, it will be stronger all the time. If the bitcoin develop team is not infiltrated by some dark forces, I think it will grow for ever.
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