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Head over to the marketplace and set up a one to one meeting to exchange to fiat. Either way, try to buy something with the coins like games, computer hardware which you can later resell those for cash.
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Yeah. I was the lucky one as well as I never had any issue thus far using their service. Considering they have been so long in the business there's really no reason for them to have some isolated case jeopardize their reputation. Following this closely to see the final outcome.
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By the next block halving reward which will be 12.5 BTC as a reward (going to happen in late 2016 , early 2017) instead of 25 BTC (now)
Where the price is going , logically the price should go UP of course since there is less supply . How much the price could reach and can we see another scenario ? (price going down)
"logically" only if demand remains the same. I think and hope it would, but I just wanted to call out that point. Maybe before the halving I think there will be an "huge dump" ..... and obviously after a little pump. I have just woken up so maybe im dreaming but that really you redsnOw? The same redsnOw that was leaving this forum for good, welcome back, this forum can be a hard addiction to kick ah. Just hope its the same old honest guy behind that account and it wasn't sold. I'm obviously the same redsn0w ( zero not "O"). However we are OT , return on topic thanks. What do you think ? Will the price go up or down ? Anyway welcome back. On the topic, logically the price should go up but i really think it depends on what happens between now and the block reward halving. More big hacks, big coin dumps, bad news, government regulations might not go the way they should with BTC, in other words anything could happen. I still recon the price will rise but from what base price will it go up from, thats the question. If the Winklevoss twins ETF (Gemini) takes off then a lot of whales may throw some big money in and we could see a BTC price of $500+ per coin even beforw the halving. All we can do is wait and see and keep the fingers crossed. I agree security hacks are actually creating all the negative impression people have on bitcoin and that is actually worse when you have newbies. People who have just started without much knowledge in bitcoin will develop that negative thinking. And definitely we need to fresh funds and that is the most important thing. |
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Great!!! Very positive indeed.
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If only I knew. One side of me wants to see the price going up. Another side wants it maintain that way a little bit longer while i gather some fiat for buying. This speculation thing can really get into your head
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Whatever decision made from there is not going to affect us. Eventually majority of the community has to agree for any major changes they want to adopt. Just take it that it will just be any normal exchange ideas meetup.
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I think I should lock myself away from checking out btc price constantly like what you did. Tried couple of times but failed. It's because I'm still waiting for much lower price to buy the coins.
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Talk about adoption, i hope paypal integration is moving on as planned. Seems quiet for now without any news. If it does work that will certainly make a whole lot of difference for bitcoin in 2015.
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Practically I'm not really bothered whether you want to call it cash or something else. As long as it has value and j can spend it anywhere in exchange for goods, items or services, that is good for me.
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With everything in your list, I still think only doge is worthwhile to hold on to. Yeah, it's a clone all right with nothing new in terms of technology but don't forget, crypto is all about the community. It's the support of the people that gives it value.
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People who sold at 160 would never know if price could climb to current range. Similar people who bought in right now would never know if it will drop back down again to 160. So it's a gamble and the problem here is if you decide on short term strategy. Go long term instead.
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Would it be any different if QE was not introduced? I'm not sure but given the scenario at that time, a total meltdown of the economy would be possible given the size of the bank debts. The problem wasn't just another liquidity crisis, but rather an insolvency crisis
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Well, I'm considered a late adopter having joined barely a year ago. I bought my stash from the recent drop and as the price goes down further, I slowly buy again. I never buy big at any one time because I can never know how low it could get and whether it is the right time. Right now, I'm still putting hope onto it.
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How many wallets you have opened in there at the same time? It happened to me before when I have multiple wallets and one of it have problem trying to sync. What you can do is click on "File" menu followed by "Close Wallet". After that click "Open Wallet" to load it again. Hope that helps.
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Stop loss orders are only meaningful if there is some counter-party on the other end of the trade willing to buy your coins.
With some of these Alt coins, I suspect there are cases where days go by with NOBODY willing to buy them. At any price.
Not sure how the system on stop losses works but that could be one of the probability that leads to the problem. In fx exchange, there can never be short of buyers and sellers but in certain cryptos where trading volume is low, that is most likely to happen. |
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Now that is something that I didn't know about earlier. Some kind of big agenda going on over there. |
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Thought it was another altcoin but turns out to be the company name. And speaking of segregated bank accounts, just wondering how it would work. Does it mean our btc fund is actually backed by fiat with equivalent amount sitting in another account?
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By the next block halving reward which will be 12.5 BTC as a reward (going to happen in late 2016 , early 2017) instead of 25 BTC (now)
Where the price is going , logically the price should go UP of course since there is less supply . How much the price could reach and can we see another scenario ? (price going down)
You have answered your own question. Most likely to happen is the price will increase. The only thing is..... What will the price be just before the block halving... If it is $125 then we might see Bitcoin going over $200 or $250 after block halving. Which means the price in late 2016 will be roughly the same as the current price now. Yes I think we can forget the 1'000 dollars per bitcoin , at the moment we can't reach 500 dollars. Maybe with the next block reward halving we will reach 400 dollars ( my personal opinion). Aw , you guys just broke my hopes I guess  and me who was planning to enroll in signature compaigns and hold a lot of bitcoins for the future Even if the price stays at current range, you still have nothing to lose. Hang on there for few more years, and you should see the impact of block reward halving. |
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