Yes, this is the right time to invest/accumulate BTC at this lower levels.
We used to lament how we have missed the chance. In fact, now is the chance.
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Just try to look at it long term. When I invested in bitcoin, I've set a target to see and judge the outcome in probably another 3 - 4 years to come. As in your case, that is also barely a year. I do bought my coins at higher price and still holding until now but with what happening right now, all the hype about price crashing, it's probably still to early to tell.
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The price of oil is heavily manipulated. I mean the downward push is political in nature. It doesn't justify for the price to drop to so low when demand is always there coupled with uncertainly in the supply coming from producer in war torn countries. So my bet is, this is just temporarily as it will go up again very soon.
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I'm interested to see after the halving what would be the impact towards the coin price. And more interesting is when the 100 billion cap has been reached.
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What is the downside of pre-mining? OneCoin has just started their closed source mining on Jan 20 and has already mined 550,000 of their own coins. They claim that this mining internal of their own network is only a way to make it "fair" for the network. They plan to mine the majority of their own coins prior to going public and are still not in an exchange.
Bottom line question: What is the best way for newbies to cut their teeth in cryptocurrency?
I don't know about others think about premining. For me, it creates a sense of feeling whereby there is an unfair advantage so it leads to a loss of confidence in the coin itself.
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Nice 1k+ market buy on stamp Shorts on finex are up for 3k+ in last 2 days and we are still on the same level. hmmmm massive bid walls and yet someone is opening new 3 k of shorts. not to mention no one tested 220. I like the cartoon. Like they say, a picture is worth a thousand words I think I will go bullish with the rest of users here. Some changes seen in the order book.
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So much for the supposed anonymity of the btc blockchain..
Bitcoin is pseudo-anonymous. This has been discussed. And if it is pseudo-anonymous why they haven't find bitstamp thieves yet? Now that is a good point of argument. At certain point, I'm sure they will need to convert to fiat and leaving some trail of breadcrumbs.
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Faucets like https://freebitco.in/ are great for newbies to get started and learn up more about bitcoins. I'm sure the scenario compared to years ago have changed when you could virtually get good amount of coins just from faucet alone as it was cheap at that time. Once you get the hang of it, it's time to find other means to acquire the coins. Providing services or even buying are some examples. Or you could just work your way through with real job to get the money and buy the coins.
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Okay. Now I'm confused. And who is the bad guy. Are you telling me that the price was manipulated at some stage?
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Great. Just downloaded it. Will take my time to slowly browse through all the 22 pages.
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The two-factor authentication plugin was merged yesterday. There will be a beta release next week.
this is getting exciting. With the two-factor authentication, this will make electrum even more secure to prevent authorized access to wallets and loss of fund. Just wondering where can I get the beta release?
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Current level looks to be stable for now and from here, anything is still possible. It's so difficult to predict on short-term scale because there are so many factors that comes in place here. Look at long term. I believe anywhere near the 800 range is achievable in 2-3 years time period given the progress the coins have made. Talk about progress, where is paypal integration???
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For me, I don't think the next halving will have much impact. I expect the other one after the next to have a bigger impact that will push the price higher.
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Double digits won't happen, there are way to many people waiting to buy at such price level.
Market is very unsure, really good news gets very low support while the coinbase news gets Bitcoin from ~$160 to over $300 in just a short time while it was nothing new and exciting.
I agree, the more it gets lower, the higher the resistance. The order book in exchangers will not reflect this but I'm sure, if it suddenly drops to $100, imagine the amount of funds serious buyers are willing to put in to grab the coins.
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I don't know about class but for me credit rating is good enough. If you are earning a lot but is heavily in debt, the rating score might not be that good. So the categorization based on earning alone will not reflect the actual scenario.
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It's great!!! A positive projection indeed....This is what bitcoin needs.
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If it is for the betterment of the coin and preparing for future scenario, then I'm all for it. So when is that?
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I think this can be only be verified through auditors but just asking myself, which exchanger actually practice that in order to prove their solvency. Personally the safest way is to withdraw all bitcoins and keep it with me. If I need to trade, I would rather pay the fees to transfer to the account and back, so long that I don't maintain my coins in there.
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According to my current understanding, Bitcoin will always tend to increase its value because of being deflationary. But when BTC finally stabilizes and functions like other rare resources, such as gold, will its price be higher or lower than the current (around $250)?
I presume when btc finally stabilizes that is when two more halvings already took place. So with only limited supply being introduced to the market, and if demands continues to be strong buoyed by use of btc as a currency, most likely I'm sure price will be up.
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Try to look on the positive side. Yeah, price is getting lower but that's the chance for us to buy cheap. reddit abandoning the plan, but we still have changetip with facebook. So no matter what, it's not the end of everything. The emergence of first regulated exchange should be enough to convince us, this is indeed a positive move ahead.
Very good words. In my opinion, we should look in bitcoin as long term investment and think what will happen with btc in 5 or 10 years? I see many good resons to believe in the fituire of BTC. For example, many BTC users, already some ''big'' merchants like APPLE starting to accept BTC, more media talk and popularity of bitcoin... In the long term, I'm sure we are on the right way I agree. most people aim for fast gain which in the end did not meet their expectations. Just put things aside especially the negativity. The keyword is long term
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