BTC is going to
$0
or >$10k
by 2020-2025 there really is no middle ground, there really isn't.
After 2 block reward halvings, I hope bitcoin really shoots up. My bullish scenario is even more than $10K. |
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PS: BTC is and always was something you were supposed to trade and not blindly HODL IMHO. As in trading = buying and holding when expecting an uptrend, not being afraid to sell if an uptrend is expected. Even if it's only a few trades a year.
You mean not being afraid to sell if a downtrend is expected, don't you? People who got into Bitcoin on its downtrend from $600 are probably stuck and are holding on to their coins irrespective of the outlook. They would be okay with paper losses, but wouldn't want to actually book a loss. |
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When I visited Asia, I got the feeling that they love to gamble a lot. I don't know, you call this profit or obsession but majority of people in bars and cafes are constantly looking at many TVs and following stock and comodity prices.
This was very funny to me, it is just as the rest of us are watching sports with the friends while drinking something at the bar, well they are watching stock prices. Go figure it out.
Macau has overtaken Las Vegas as the world's gambling capital. Definitely, Chinese seem to have a gambling streak in them. |
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the thing about it is very volatil soo allows to earn easy money in short time ,the drop allows some to get more cheap bitcoins that they can hold a bit and sell it with profit of 30$ or more of return.I guess some banks are already investing into bitcoin ,making proof easy way as its a live market 24/7 days active
So do you think it is going to continue for over. People who adopted your strategy when bitcoins were "cheap" at $500 are still waiting to make their quick profit. You play with fire, you get your hands burnt. |
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It is good to know that the costs of mining decrease if the price decrease which is vice versa of what we think.
Only if people start shutting down miners because the price of bitcoin is too less. As long as their marginal costs are covered, they will continue to mine. |
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It will be good if we will see this year, the price of 350$  $ 2,000, you need to wait a few more years. $350? We were within touching distance of that last week. All it will take is one push to get the price there. |
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it's called generating a hype, hoping the price will go up a lot. but at this point it's not really working anymore since greece reached a new agreement. people should focus on something else now.
Governments have the capability to screw up. Even if the Greek crisis has been resolved (for now), another one might be just around the corner. |
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All the seized bitcoins can be transferred to the military, to be used for tipping. That way, these coins won't be unloaded into the market and depress the price. |
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A supplier to WalMart who accepts Bitcoin would also provide a big boost.
That way, they don't have to worry about converting coins to Fiat.
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Oil prices are dropping on news of the deal.
So now the Repubs will promise their Base that they'll "stop the deal"....
which means they'll be promising ALL of us.....they'll help raise oil prices.
Go for it
Oil prices have actually increased after the deal, when the fine print became known. It will take some time before Iranian oil prices increase to pre-sanction levels. |
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If certain religions are against using condoms and abortion, I wonder what they will say about vasectomy.  |
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Mobile industry is huge, really huge. Everybody nowadays has a mobile, and many of them have smart phones. With the introduction of smart phones came the internet. The internet also requires bills and the phone bills are also increasing, but as it is treated as a necessity, people end up paying whatever amount it is. Who wouldn't be surprised to know that it hits a trillon dollar mark now.
Mobiles have become big in the developing world as well. Not everybody has a bank account, but everybody has a mobile phone. That is one of the reasons for the success of companies like m-Pesa. |
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Standard Chartered, a London-based multinational banking and financial services company has shown interest in the blockchain. A distributed ledger technology has the potential to become a model for a low-cost and transparent transaction infrastructure, suggests Anju Patwardhan, a Chief Innovation Officer at Standard Chartered.In her post published on LinkedIn, Anju examines the possible advantages of the blockchain if leveraged by banks. She states that “no bank can afford to ignore what it augurs for the ongoing avalanche of digital innovations to come”. Even though Bitcoin is unlikely to replace paper money, banks could benefit from implementation of a distributed ledger technology to improve security and integrity of the financial system. This could benefit the customers through lower trading prices and safer money transfers and remittances. http://www.coinfox.info/news/company/2440-standard-chartered-banks-can-t-ignore-the-ongoing-avalanche-of-digital-innovationsAs usual, they sing praises of the blockchain while running down Bitcoin. Acknowledging Bitcoin would put their futures in doubt. |
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$278 and down.
This is just a small dump before a big pump and you can just wait and watch. I think it was just a small pump before a big dump, and it's going to come soon. It might scare the shit out of many people but it will come and it will eliminate a lot of BS. After that, bitcoin will mostly by influenced by major events and adoption by decent countries. The trade will also increase and so will the price level, the volatility will be less as price will start stabilizing. With the amount of uncertainty in global markets, all it will take is one small incident to set off a Bitcoin bull run. While trade and increased adoption will result in gradual price increases, shock to financial markets could result in Bitcoin's price surging up. |
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Even in developed countries people are not aware about the bitcoins so it will definitely take time in developing countries. And knowing it and using it is totally different things. And we want that people should start using bitcoins rather then just knowing it.
Developing countries can actually leap-frog existing technologies and move to Bitcoin. That is actually an advantage for them. |
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i guess it will be.
because more miners right now are doing their work, in order to have more break even or profit, they will sell the bitcoin at a higher price. bitcoin block reward is halving.
more traders will be with bitcoin. the inflation.
more people uses bitcoin, meaning the bitcoin is being with the social lives. or raising the demand of bitcoin.
however, bitcoin isn't popular enough, plus the blockchain problem, and/or attacking (like stress test, double-spending), still a certain of people will not with bitcoin. bitcoin cannot go far yet.
For a minute, I thought the topic was about $200. $2K within 2015 seems very tough. I would be happy if it crosses $400. Very strong resistance levels. |
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The problem is people segregate money into different mental accounts. That is my "bitcoin money". That is my "movie ticket money".
An interesting experiment - If it costs $10 to watch a movie and you think it is worth it, you buy the ticket and watch the money.
If you buy a ticket and then lose it, would you buy another ticket to watch the movie?
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now that bitcoin price is going up and everybody is happy and the news about bitcoin is getting more and more every day, i think it will be possible to see more porn sites start accepting bitcoin as payment.
as we can already see a lot of new websites starting up only using bitcoin as payment and tipping service. and most of them are cam girls who are doing it.
Exchange rates do not really matter from the sites point of view. They fix their prices in fiat and then convert it to bitcoins. Of course, somebody who has a stash of bitcoins could decide to spend because porn has now become cheaper (in bitcoins) |
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Tsipras will give up and accept all the measures by merkel and their friends at the very last second.
Beggars cannot be choosers, when will Greece fundamentally change what they're doing and stop asking for bailout after bailout. The tough changes are required because without them, Greece continue to be a liability. Greece needs debt relief, not a stretched bailout after bailout. Ideally, the banks who had lent endlessly to Greece should have taken haircuts on their holdings. But the Troika ensured that this did not happen and bailed them out. |
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I only now thought about that all the currency controls at airports are completely useless when it comes to bitcoin. Till now people tried to hide cash in clothes, use diamonds or something, now they have a usbstick with an image that has a tiny encrypted file inside that contains a private key. Its so absolutely hideable that its funny when they would try to search someone. I mean all these controls would go to waste. You can hide a small file or even some signs everywhere.
In a sense bitcoin is awesome.
Why bother with usbsticks and encrypted files when you can have a brain wallet?  |
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