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It's surprising to see that more people think the Chinese pumpers will come back. I thought most would be in bear mode by now.
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Bitcoin.
There are helpfull mixing services to move coins privately. Some guy from the US is currently checking out how to move 13000 BTC and getting away with that.
And don't use the same receiving address more than once or twice. And hide all your metadata perfectly (which is virtually impossible). And trust the owner of that mixing site you are using (which is stupid as shit, especially given the NSA can serve him with a gag order or hack his servers). Also use a VPN for a separate computer exclusively for Bitcoin/crypto transactions. |
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Bitcoin.
There are helpfull mixing services to move coins privately. Some guy from the US is currently checking out how to move 13000 BTC and getting away with that.
And don't use the same receiving address more than once or twice. |
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Added another option to the poll. 'Maybe'.
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It really doesn't matter as long as Bitcoin corrects itself over some time and then it'll rebound. There's always a drop and then a rise again. Most of this is attributed to all the bad news and an exchange being hacked.
It will rebound when? And how high? The people who bought at the top would surely like to know. |
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China was responsible for the current pump but was unable to rally enough people to join them and move beyond 500 in USD terms.
The question is, will they return and pump it up again in the next 30 days?
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thought about using it a while ago, but it seems that time has come. So whats up with the core devs? Beeing short over night i made a few coins so is it the right decision to transfer some to the XT client? Heard about DDos attacks and censurship. Thats not the way we all wanted BTC to go. So if the Core Devs go this way i ll guess they had to go it alone  One question about the 3 possibole alternitves to keep my BTC (and thats what they are coz they are mine, no need to argue dear devs)... Sud i use XT or classic or unlimited ? Thx in advance for some good answers Use whatever you want. Looks like you already support XT anyway. Run your node and campaign for others to do the same. Good luck. |
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This is really weird. I usually just buy a small amount every month regardless of the price - I'm not even what would be considered middle class.
But right now I have some liquid USD and when I saw both the cryptsy and the mike hearn thing - I knew it was going to drop.
I'n sitting here rooting for it to get to low 300s because if it does and only if it does, I buy. I won't buy at 340 because to be honest it will require sacrifice for me to put this liquid into BTC but the sacrifice will be worth it if it gets down to $320 or so.
I have never rooted for BTC to drop, yet I'm doing exactly that. New experience.
(oh just for the sake of honesty - my income is < middle class but I own my house and have 0 debt, so in my mind, I'm better off than much of the middle class even if I can only afford to eat out once a month)
Not weird at all. Many, including myself are the same way, using the same strategy. I put a certain amount of my monthly income into buying fund. If the price and situation is right, I pull the trigger. This Hearn thing is shaping up to be a nice opportunity when it is all said and done. We root for btc because we are long term invested, but also we still want to add to our hodlings so we root for nice prices to buy as well. Nothing weird about that at all. Yup not weird at all. We're all here to profit regardless of your strategy in achieving that. Others short, others buy going down, etc.. There's no one best strategy in trading. Just do what works for you. |
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I have only been here for one big ride up back in Nov 2013, but I was around for the 6 months leading up to that and I am seeing many similarities between the $120 price range of that October and the $450 price range of now. Other price parallels: 90 --> $250, 260 --> 1200, 1200 --> 5000+? Silk Road --> Scalability.
At the time, there was an incredible amount of good news and press flooding in, only half a year before there had been another big run-up. Adoption was coming, it was on the precipice, and I happened to be one of the adopters at that time.
Then the price tanked back below $90 on the news that Silk Road had been seized. The press declared the end of bitcoin in unison.
Other than scalability, all of the news has been amazing. Paypal just put the founder of Xapo on their board! Microsoft Azure integrating Bitpay and Ethereum in their new blockchain project. Millions being invested in private chains in financial firms. Just all year it's been ticking along without the price cooperating.
Big money is coming in, just look at all of the exchanges that have made it their business to allow whales to come in without effecting the price. But this coin availability inevitably dries up as people like me (though with many more coins) hold.
What if one of these big movers on the buy side decided it was worth it for them to pay off or extort Mike Hearn? Just to tank the price temporarily so that he can get his money in... How farfetched is that really?
Whether extortion or not, the media's call of the end of bitcoin is crazy, and if Mike was earnest in his Medium post then he's driven himself crazy along with them.
Very good analysis. Keep it up. |
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You're the guy who told me we'll see "Bitcoin goes to 1200-1300 within a month."
That was last June.
I listened to you, and now my kid had to drop out of school (she was going to Vassar) to wash toilets.
Thanks for ruining our lives, asshole.
LOL. |
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When the price is going down, people turn into bearish mode very quickly. If the price goes up the next day, people seem to lose all reality and think in prices of $1000 and above. People here are comedians.
Everyone is an expert. Or a troll. They say sell when they're buying and say buy when their selling. |
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I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.
why all of you trying to be negative and write negative post? its your hobby play on others mind or what. price is 410 $ for now and you are telling it will foll down to 300$. pessimism will kill you man I also share same views.Let us not spread these speculations of price going down.Lets be optimist and hope that price will not go down below $400 .This positive thinking will strengthen bitcoin Look at the price of BTC now. |
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c'mon, you dont understand GUYS??? It's simple!! IT's just a FLASH CRASH. Price will reach new highs shorty!!!.
Yes. I agree. |
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Anyone buying now is a fool. We broke through support and the next support is around $317.
We'll be seeing that very soon.
Buy now and cry later.
Think I'm on similar page, on bitcoin primed thread i said bottom looks to be about $320 Yeah.. but only for a pitstop. I think It will fail to hold any support above $300 and we'll be back trading between 200-300 till this shit gets sorted out or dies. Whichever comes first. At 200 - 300 it could fall even further after the halving. Miners would have to sell more to maintain their operations. |
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VERY NICE MOMENT TO BUY. DONT MISS
in 48 hours new highs will be reached.
(I'm became FULL long few hours ago)
P.S.
Price at btc-e will never reach 372, thats barrier
Listen to this guy and buy all the way down. |
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Let's see if it goes below $400 first, if it does go below that level, then I can see an ultimate low of $370-$380. But I think we will be able to support the $400 level long enough to make the price advance to $420-$430 again. We have seen the price go down earlier to very low $400's, it was $404 to be precice, and then we went up again and reached $450+.
Ok. Let's see if your analysis holds true. |
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I'm not sure about the others but I'd like to see 300$ soon because I didn't make enough BTC to make huge profit when the price really rise so the lower it is , the more I can buy & the more profit I will make on the future , that's how I see it.
This is the right attitude actually... |
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I could see BTC going down to the lower 300's by the time of the halving. I wouldn't be surprised to see this, although a price up above 500+ would be a welcome surprise.
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Hahahahaha! Make a meme with his pic. |
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