every market in the world is being manipulated by wealthy/whale traders. it will never change, and i am happy with that. we can make profit because of them. they are in the position to move markets. we as normal traders can't even make a dent in any kind of market.

holding is great for people with enough patience and dedication. but the fact is that a lot people here can't even hold their coins for a single month. not sure if it's due to them being in panic when they see the price go down, or maybe they get bored because the price doesn't move much, but these people mostly end up making losses as they chase quick profits. they don't realize that holding their coins will make them much more profit. some people never learn.

i am a bitcoin core supporter, but let's pretend bitcoin classic takes over, then i will continue to stay as i believe in the future of bitcoin. the only negative point i see is when bitcoin classic indeed wins the battle (which i don't think will happen), then a certain group can stand up and create bitcoin ultimate for example, to take over classic. and i'm sure that it will happen. it will be group against group. and at the end the only loser will be bitcoin.

nowadays there is much more money needed to pump the price. also, right now there are much more coins on the market than with the previous block halving. more coins means more potential selling pressure. btw, the block halving will happen this year.

it's normal as there was a period of a few years where a lot new people were popping up. that on top of all the media attention when the price was breaking record high after record high. it made a lot people interested and hoping to catch the jackpot and to be a millionaire with just a small amount of money. these times are over. i think the growth that we will see the coming years will be slower than we are used to.

it depends. if you're a calm person with enough patience and not panic when there is a sell off, then you'll be just fine if you hold your coins for the long term. you don't lose anything until you sell your coins.

everything is possible with enough speculation in the markets, but i really hope to see a slower but more sustainable growth throughout the years. otherwise we'll end up seeing the price go down again like we have seen in 2013 after reaching $1000. and i'm sure not many people are waiting for that same thing to happen once again. if there is new money flowing into the bitcoin market, then it will go up even sooner.

this years bottom is still $350. the chances to go below that are still there but it's not likely going to happen unless another round of bad news pops up and make a lot people here sell in panic.

i think most of the people that started with trading made losses in the very beginning. it's normal. you just need to make sure you learn from your mistakes, and eventually you'll end up making profits. patience is the key when it comes to trading. if you rush and do things in panic then it's not going to work out very well. just relax.

i think 90% of the people here expect the price to go up due to the block halving. but it's not impossible to see the price to fall back that low. while the majority of the people expect the price to go up, a very minority are thinking that the price may also go down. nothing is impossible in bitcoin. we'll see what happens.

you also know why it will make the price go up, beside the speculation reasons? right now there is a gap between supply and demand where there currently is more supply than actual demand. the block halving will make sure everything gets even again. if there wouldn't be a block halving, then i am quite sure that without new money entering the market the price would drop significantly over time. that's the great thing about bitcoin, the supply of new coins gets only lower and lower. fiat currencies get pumped into the markets like there is no tomorrow, making your wealth less valuable year on year.

finally we see something from kwukduck pop up in this forum again. let the price go below $400 again, don't see anything being wrong with that. some people will use sub $400 prices to enter the market and that will cause the price to go up as result. i am quite interested in knowing what merchants have been stopping their bitcoin payments. if you have such a big mouth you should name the merchants you are talking about.

i don't understand why some people get excited about this. just a few people live on that island. it doesn't do anything for bitcoin.

if it takes 10 years to reach $10,000 then it means that it will grow with more than $900 per year, which is insanely high. even that will not happen. we must be extremely happy if we see the price somewhere around $1000 after 2 or 3 years. that can be considered a great achievement. i think the upcoming block halving will lead to a temporary growth as i believe the price will get dumped down again. let's not expect too much from it.

bitcoin can also be stolen. if your computer is infected with a virus and you don't have a proper password to secure your wallet, then your coins may get stolen.

there is really no point into thinking about these prices. but just to answer your question about how to make bitcoin reach much higher price levels than we currently have... two words. wall street.

i put all my focus on bitcoin only as i believe in the future potential of its technology and the currency side. i am however considering to buy myself some extra gold just for the fun. i currently have a 5 gram gold bar but i want to add another 5 gram gold bar to my holdings.

taking myself as an example, i type untill i think it's enough and when my post adds something to the thread or the post that i quoted. but in general, length doesn't always mean it's a high/good quality post. some times you can do it in just one sentence, and some times it requires more than that. i have one main rule for posting: if i don't have anything to say, then i simply don't post. very simple.

for once it's good to see some one being realistic with his prediction. i personally expect a pre-block halving pump which will get started due to all the speculation in the market. but i think it will lead to a dump just after the halving as people may sell the coins that they have been accumulating at todays prices. if we end up staying between $500-$600 then i am a happy person.

at this point anything over the $1000 price level is high when we haven't managed to come even close to that price level. i know people like to have a fantasy about bitcoin reaching insanely high price levels, but there is no point in doing so while we are currently far away from the $1000 barrier. let's first try to reach $500 and then $600 and so on. after that people can start to get excited about reaching $1000 again.