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161  Economy / Speculation / Re: What is happening to BTC price? on: January 05, 2016, 09:00:27 PM
The price is going up for sure, if we hold the 400 USD then.
If it breaks 400 USD then we will see the price go down to 300 USD

Well the next support after 400 is 380. I think it will be very hard to break.
People will just jump on a price of 380 price of bitcoin.

A big whale can manipulate the bitcoin easily as the market depth is too low. But that will not last long.
162  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: January 04, 2016, 06:49:01 PM
It is a very good investment and it is very safe.

Bitcoin is a good investment, but it is not safe. We do not know what the price will be tomorrow.
163  Economy / Economics / Re: Mining coins save or sell it? on: January 03, 2016, 08:06:47 PM
I mine coins, that is similar to buying the coins indirectly. I hold most, and use some to buy things. These coins is the same as paying the electricity.
164  Economy / Speculation / Re: What is happening to BTC price? on: January 02, 2016, 08:43:46 AM
Remember that USA is about 5% of the world population, so I wouldn't expect holidays in one country to make too much difference in a global market.  China might be a different story as they seem to be the main players.

I can easily see 10% gains in a year (if you smooth out the highs and lows).  BTC'ers seem to be tolerant of higher risk than people for example, looking provide a reliable income from their life long savings put into BlueChips or something in their later years, than young guns who can afford a few mistakes when they are in their peak learning years.

For the next 10 years, the price rise will be bigger and volatility be higher. When the market cap reaches 1 trillion, the price will be stable.


No I don't think this will happen at all.

The more people start with investing in bitcoin the lesser the share of the wales.
WIth that in mind they will not be able to pump it anymore.

But for most people, they do not trade. They hold or use it. So the bitcoin number in exchanges is limited, there will be pump and dump, but in smaller scale.
165  Economy / Economics / Re: How New World Order will implode on: December 26, 2015, 08:43:18 AM
When i last checked the bitcoin price was crashing too, Unless things have changed and we are back on uptrend.
People are saying it is crashing but I say it is mini crash. If the numbers fall right for sale today then it should be back to $475 by Sunday and then back on track to that $500 mark that everybody is yearning for since two years ago.

There is no need for bitcoin to reach $500 by the end of year. The price has risen a lot already.
166  Economy / Economics / Re: Mining coins save or sell it? on: December 15, 2015, 08:53:48 AM
I think you should convert them only for your needs (electricity bill etc.) and save the rest. You can make a good profit with this strategy.

It is a good advice. I will just use the portion which I will convert to buy goods directly. Converting costs money.
167  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: December 04, 2015, 08:30:19 AM
If you have spare money worthy of 1 bitcoin today, it is OK to buy the bitcoin if you do not mind losing all of it. Bitcoin has better prospects than most investment out there.
168  Economy / Speculation / Re: What is happening to BTC price? on: November 23, 2015, 10:14:06 AM
The price is stable after the recent dramatic rise and correction. It is the normal behaviour of price action.
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