it's very difficult to collect that many bitcoins nowadays. people should have been collecting them when the price was still below $100 as it was a more than great buying opportunity. that's how i look at it. wealthy people with deep pockets can buy that many bitcoins right now and hold it for a long time. their fiat holdings will decrease and decrease, which makes bitcoin a great store of wealth option for them with a fantastic potential return.

you are wise when it comes to investing your money. a lot of the panic sellers sell because they invest money that they can't miss in their personal life. they sell just to prefent themself from making bigger losses. they don't know what they are doing. these people should stay far away from any kind of investment.

seeing the price reach the $10,000 level is good for all people, but for this to happen next year, that's quite impossible in reality. 

when something isn't very likely to happen still doesn't mean that it isn't possible. we have seen how our price predictions got trashed plenty of times already. and yes, you are right about the fact that the price can go down quite fast. building up the price takes quite some time and effort, while dumping the price down takes only a few hours. in these few hours months of building up the price have been vanished. Sad but the hard reality.

everything is possible when it comes to bitcoin, but i don't see any indication for the price to dive under $300 in the coming months. it may go below $400 again for a short time, but definitely not in the lower $300's or even sub $300. we are coming closer and closer to he block halving which will drive the price higher and higher. those who are waiting for sub $300 will end up wasting their time.

the price not going up fast is very good in my opinion. i like the price to build up slower so it will be more sustainable than when the price goes up due to a peak. peaks are great for a quick profit, but they won't add anything to the long term price as peaks come and go. that's why i only focus on long term growth.

the price of bitcoin is very important for all parties involved in it. for long term holders the current price may not have a very high priority as they don't plan to sell anything this year, but that's a different thing. but the majority of the traders here are short term minded. these people are checking the price plenty of times per day. and not to forget the miners. they are only in the market for the money that they earn with mining. they have a lot expenses to pay. a higher price will greatly help them. these were just some examples as there are much more companies and services that rely on the price.

lol no, the bottom this year is still $350. so far nothing has changed. not sure how you come up with $200-$220 as these prices are not part of the question anymore.

even if i wanted, it's not even possible here to withdraw my current fiat retirement account and convert all that to bitcoin. bitcoin is nice and has a great future ahead of it. but that doesn't mean people will leave fiat behind and go full on bitcoin.

it depends. there is a lot demand for solid and high level coders. these people can make a few thousand per month. depending on their expenses, they could definitely live of that money comfortable. at least i can with a minimum of $2000 per month. for others that do some designing work, writing, etc etc, as side job, it's totally different. for these people the earnings from side jobs are nothing more than an extra bit of income.

exactly. my thoughts are the same here. what's the point of only allowing customers from a certain part of the world while they could make more sales if they enabled the people to pay with bitcoin everywhere around the world. and beside that. everything from microsoft is freaking expensive. people can buy the same stuff elsewhere for much less. i am definitely not surprised.

what is the positive sentiment that occured as you say? so far everything is the same as last year. the only sentiment i can think of is the block halving where people get so excited for.

with gold you're always making small profits if you compare it to bitcoin. bitcoin has a lot potential growth where the price may even reach a value of a few thousand per coin. with gold the profits are in the range of 10-50% where bitcoin can give you a minimum of 200-300% in the coming years.

the previous high price levels were all due to the mtgox manipulations. i don't consider these prices to be real. every high that we reach now has much more value than the previous highs since mtgox is out of the picture. that's why when we reach $600 it is a more than great achievement.

i do like the upcoming block halving as i think there will be a lot speculation that will drive the price up just before the halving takes place. other than the purpose of seeing the price go up the block halving is also good for the demand and supply levels. right now there is more supply than actual demand. the block halving will bring these levels closer to each other.

people are impatient throughout any market that allows them to make profit. i consider these people to be yolo investors. they just blindly invest in something they don't even know anything about. for example now with the upcoming block halving. every noob thinks that the price will rise "a lot" due to the block halving. they only don't seem to know (or maybe they don't want to know) that the price may also go down after the halving. i believe in a rise but i am realistic enough to know that it also can go down. i am prepared for any situation.

i must admit. the ethereum pump is quite impressive with the gigantic volumes, but it won't last. it's just a matter of time before the ethereum price will come down to normal standards. the block halving will bring the price to anything higher than $500 the comming months.

well, you don't really care whether the price goes up natural or not. but a lot people are hoping for a more sustainable growth instead of the peaks that don't last long. if your only intention is to make profit, then the block halving will bring a lot volatility where you can profit from. these traders will have the time of their life.

if you really plan to buy yourself some bitcoins then right now is a great moment to do it. the closer we are coming to the block halving, the higher the price will be. waiting will cost you extra money for the same amount of coins you could have bought at todays prices. act now and profit later.

building up buy walls is not really the problem. as i also said in my previous post, these buy walls get pulled as soon as the price tends to go lower. real buy orders are very scarce nowadays. order books are filled with fake orders to make it look like it is very strong, but as soon as the price starts to come very close to these orders, everything will vanish making the orde book look empty.