If you are an expert in bitcoin trading, then tere are chances to make a living off bitcoin. Only with the signature campaign income no one can the lead a life even he is single. Bitcoin ecosystem still in the developing. So it would take more time to get living out of it.
Signature campaign income? You could get banned or the campaign could close down. It would be foolish to depend on something as uncertain as signature campaigns |
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I plan to hold at least 50% of my stash till the 2020 block reward halving.  |
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Do people really invest in forex?
I do know that some people trade currencies and try to make money out of the volatility.
I think the best idea would be to hold assets denominated in your home currency. You are protected from FX volatility and your expenses / liabilities would also be denominated in the same currency.
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The price of Bitcoin one year ago was $325.59, the mean has been broken on the positive say. The numbers are green and the uptrend is therefore solidified. Cool page to keep track of this very remarkable stat on the Bitcoin price: http://oneyearbitcoin.info/I still remember all the naysayers saying "Bitcoin will never recover". Well guess what, this is the ultimate proof that Bitcoin can recover from the worst nightmares. We should look at the gains / losses from Jan to December. That is what people will look at over a period of time. But it looks like 2015 is going to be a positive year. |
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OP i think it's time to change again the title.
Since the price hit today $350 and i believe it will increased more.
I would suggest now to change to $400 as the next target.
The $350 target was for October. Best would be to lock this thread and create a new one. |
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$700 by November 2017 (not 17th November  ) will be good. Double your investment in 2 years. |
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Is this sharp increase sustainable.
It was languishing around $220 not more than a month back.
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Bitcoin might be stable and be called cryptocurrency king now. But don't forget that ideas and solutions change very fast in the blink of an eye.
Remember Yahoo? It once was the greatest company of modern Internet and then Google came. With bitcoin could be the same.
Bitcoin is stable now? Its volatility is as high as ever. |
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This is correct, and a great example. The FED printing all that money after 2008 hasn't resulted in massive inflation because that money hasn't made it all the way to the money supply. If it did, you would see the inflation you would expect, but it's not part of supply right now, even though it exists. Perfect analogy to coins being held off exchanges.
Money supply is a number -- all the money that can be circulated. Market supply is not. It is a curve that shows price vs. quantity. A market depth graph is the supply/demand graph for that particular market at that particular time. Money supply is a number that has no effect on price. Price is determined where market supply meets demand. That's why when a major seller comes into the market, it depresses prices. That total supply was there prior to being on the market, but it doesn't have an effect until it's brought in to trade. Money supply is correlated to market supply. Prices in dollar terms of various assets have been maintained because the fed has increased the money supply. |
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For the past few days I've been looking at the price of BTC-USD, $300 is not possible this year.
The $265 - $275 rate will remain till End of this year $280 will be maximum.
We already hit $280 today bro. Smh. You just pull this number out of your ass? Would like to stay above those levels for some time. Price is down in the $270s again. |
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How do you think guys, should I invest to NVC (the price is very sweet now)? It is trading on BTC-e, gives ~25%/year from PoS mining and as main holders say, developing of NVC-antispam mechanism with mail server should significantly increase capitalization soon.
Another alt? People have now learnt to recognize the various pumps and dumps. Unless the alt has a very innovative idea, people wouldn't give it a second look. |
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The EU has shown that if you have a monetary union, without a political union, problems are bound to crop up.
Countries like Greece which could have benefited from fiscal stimulus and depreciation of currency don't have the room to implement it. So countries will be wary.
It is not problem of political vs economic union. The problem lies in different level of development of EU countries. EU is not monolith. There are rich countries like Germany, France, UK and very poor like Greece, Poland, Estonia. This will always be the case. In any country, you will have rich and poor regions. If you have a political union, there can be a balancing act in terms of spending. Now you have some migration within the EU, but the poor countries continue to remain poor. Plus, individual country heads can cause a lot of trouble for the Union as a whole, because they are answerable only to their citizens. |
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I'll keep holding my coins until I am dead. Reason being is even it it skyrockets, why would I be selling them. If it bottoms out, still why sell them. I will always try and keep some coins, while maybe selling some to gain ends.
Your descendants will be very happy.  At some point, you should be able to enjoy the benefits of being an early adopter. |
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Fees could rise after the halving day, it is controlled by the miners. Since they receive less from block rewards, they might only include transactions with higher fees to compensate. This is unlikely but possible.
High priority transactions (which include aged inputs) have certain space set aside for them in each block. So the miners cannot decide to include only transactions with higher fees. |
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I am currently learning Penny stock exchange and I find it like I can earn good with it. I purchase a tutorial from udemy about penny stock exchange and it taught me technical details. The only that I have though is bitcoin, so it there a platform where bitcoin can be use to bid stocks?
A lot of people consider Bitcoin to be equivalent to a penny stock. The upside to Bitcoin is huge. |
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10% up/down in a week is nothing in bitcoin world.
In the Bitcoin world, it is no big deal. However, if you are a real world shopkeeper, you would be afraid of pricing your goods in Bitcoin (unless you have a payment processor like Bitpay). We are still under the hold of speculators. |
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These stats just mean signature campaigns are paying more , which correlates with how many accounts are created for farming purposes.
I expect further increase in accounts created, given that Bitcoin's price seems to be headed north. |
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Using local payment for traditional business I think is still preferred.
You never know on the price of bitcoin will fall or rise.. so taking traditional method will be safer.
If price fluctuations are your only concern, you can use a payment processor like Bitpay. That way, you can lock in the fiat value of your transaction. |
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Loans in Btc are good for people that has earnings in Btc, if not there is a problem with fluctuations on market.
I agree. Probably miners are the only ones who could have earnings denominated in BTC. Even for them, I am not sure if Bitcoin loans over a long tenor are a good idea. |
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You didn't see that last run up coming either. Could this be the start of the new price run-up? Any guess as to the peak this time?
Previous peaks: April 2013: $140; Nov 11, 2013 $1200
i am hoping that the price drops for a bit before really taking off. I think if the price really does take off, we'll see at least $5000. but i doubt it will go straight there from here without going down a bit first. Doesn't matter if we see fresh lows. Any new ATH would really cheer the long term holders |
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