People are very angry, because the value is very low now and then they surrender. I think they need patience and wait until it becomes more valuable.
people who are angry are mostly upset because they are losing money due to their lack of trading knowledge. or they are trolls hoping to cause people to panic sell. there are a lot anti bitcoin shills in this forum. especially now they seem to support various bitcoin alternatives.
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Investing in bitcoins and holding it is the best thing to do, its better to hold rather then investing it into any ponzi scheme which would result into financial loss of money and also bitcoins.
holding bitcoin is already an investment. people don't seem to realize it. and those who do realize that holding bitcoin is an investment find it to be very boring and not rewarding. that's why they look at things to invest in. the risk is not worth it.
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I think btc will soon face problems if don't find new investments on bigger scale.. Like those Alibaba or Ebay for example. Only fresh money can sustain this price rise..
i agree that we need fresh money flowing into bitcoin to realize growth throughout the years, but it won't happen within a few years as the current exchanges can't serve institutional traders. these people will never deposit their money on the current exchanges. we need to give it some time.
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I don't hold single bitcoin now. fuck this shit:)
i am sure you will regret not having any bitcoins once the price start to rocket up before the block halving. but i am not sure whether you are serious or just trolling.
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everyday each people says time to buy "gold, stock, bitcoin and anything" so when time to sell it ?
hmmmmm.......................
I think its time to sell when the halving has been done. You just need to be patient and not sell your bitcoins for a low price. the pre block halving pump will surely lead us to a high price, but it will come down once the halving is done as a lot people will sell to secure their profits. once the people are done with dumping the price will go back up.
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I think just the opposite.
I just think it is going to start slowly.
But we can not predict what will happen.
The price will stay around $400 for a few months. Then it will rise slowly. It will rise very fast just before halving. the price has been below $400 for quite a while now, i am quite certain that within this month we will make an attempt to touch $400 and possibly advance further from there. if we are 1 month away from the block halving then people will start to panic and buy whatever they can.
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The price is going down. I expect it to reach below 350$.
What are your thoughts?
almost a month and still stable at ~$370-380 i like this stability as i am buying around $100 worth of bitcoin each month. with this stable price i can get the same amount of coins each month. if the price goes up then you will get less coins for your money. that's why i don't mind seeing the price stay at sub $400 prices for some more months.
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There are many methods of growing your bitcoins, you can gamble with but its risky, or you could trade. There are many options you can choose from.
gambling is the worst way of increasing your coin count. people that say they have a good method are just talking nonsense. gambling is pure luck.
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It's too low to sell right now, unless of course you bought bitcoin when it was worth around $1. If you don't need to sell, I wouldn't. Just hold for now and wait for a price increase.
there isn't a price too low to sell at. people have different reasons for selling their coins. one person may sell because he needs the money in his personal life. the other may sell because he finds the price to be boring because it's not moving much. and another person simply panic sell even at a loss because he can't handle volatility. some people even secure profits when they are only up like $20-$30 on their bitcoin investment.
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Of course there will be a change. I think the price now I find already quite low and many people find it too low. But they must realize that it can later be worth much. People need patience and they should just wait quietly.
right now the price isn't really that low. if it was, then people would buy up and make the price go higher. if the price falls back to very low $300's, then you can consider the price to be low. there won't be "good news" soon so the price can't go higher; only if the exchangers have no other interests and they will put the bots at work. good news doesn't affect the price anymore as it used to do a few years back. we need a large buyer to buy up the price and make it go $20 higher and people might do the rest of the work. but that also counts for when a large player dumps a lot coins. then others will panic dump as result.
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The BTC price is very low and many people are negative about it I think. I think because the price is quite low now you have to invest, so that later you probably have more money. But most people have the patience not to.
When most people are negative about the bitcoin, then it is good time to buy. Winners are always few. i think most of the negativity at this point comes from the blocksize drama that is still brewing with no end in sight. the longer it takes, the less confident people will be. especially when certain large mining pools are saying that they find certain alternatives as bitcoin classic to be somewhat of a nice upgrade. the only good thing for some people about this situation is that it keeps a lot pressure on the price. it gives people the chance to buy at sub $400 prices.
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For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important. Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcUIt does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created. It matters for the general popularity of bitcoins, and it is crucial for savers. I think it does matter the price is very important. In my opinion its the important thing from the bitcoin. at this point it's indeed safe to say that the majority of the people finds the price infact the most important aspect of bitcoin. the technology that powers bitcoin comes second for most of the people. all i see everywhere is people talking about the price and barely about the blockchain itself. says enough.
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the stock market is too volatily in the last time, and full of shit and bubble, stay away
well, the stock market has been in its very high's last years. it's a normal market reaction that people and other large institutional traders are securing profits. the prices were simply way too high. i'm quite sure that the stock prices will come down a lot more to their normal and realistic value. it's never a good idea to buy yourself into a bubble. just wait 6 months more and you'll have a great moment to enter the stock market.
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I only buy Bitcoin when it is getting dumped to the ground, that's when I do buy low and sell high. Other than that, I buy Bitcoin when there are large enough price swings to profit from, but that's purely for day trading purposes.
I almost do the same thing but sometimes buy them when they are a bit higher. I think most of the times its good to invest when somethings is low. Do you think the bitcoin price is low at the moment? Many altcoins have risen against bitcoin recently. altcoins go up and go down. some times they are hyped up massively. it's better to focus on bitcoin only as altcoins will always end up losing nearly all their value at some point.
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it's safe to buy at todays prices if you are planning to hold your bitcoins for the long term (at least 1-2 years). you will enjoy the price increase throughout the years if you have enough patience to wait that long. for the short term i don't think you as beginner will make much profit. yes for the long term, no for the short term.
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I think there is a possibility of 10k/coin within 5 years. I am surprised that the majority thinks it will take decades. I feel like if one merchant or one tech giant started to use Bitcoin then it could go ballistic overnight. Bitcoin is a lot of fun!
wow! you are very optimistic i see. in order to see the price reach $10,000 per coin, we need billions of fresh money comming into bitcoin the comming years. i can't really see this happen within 5 years as we need very wealthy investors and institutional investors to safely deposit their money somewhere. current exchanges aren't very enviting as they get hacked and the employees or the boss himself do an inside job. they need a professional exchange that can handle hundreds of millions of incomming deposits. right now we are far away from that. that's why it can take at least 10 years before we reach $10,000 or higher, if ever.
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I dont think so bank would accept bitcoin.. I see some bank dislike btc bcause btc could make a bank dissapear in future..and also btc is a digital currencies..i think bank just accepted deposit and cash..isnt it like that?correct me if im wrong..
banks aren't too worried about bitcoin replacing them. but they don't like things they can't fully control. if you deposit money into your bank account, they have full control over your money. they can freeze it whenever they want, they can simply ask you what the purpose is of moving funds away before they are even moved. with bitcoin they can't do any of that. they have zero control over you. that's something they are afraid of.
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"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" is the only thing to apply in investment.
I remember during the bubble of 1200$, people were only talking about the price, not about the bitcoin it self and its technical aspect. It was a bit nauseating, people reported trying to sell people to all their family, some posted that people thanked them because they doubled their money in a few months and so on ...
This is not the final goal, for me bitcoin should be seen as a way to use money, not an investment in it self (even if I believe it also has potential).
we have to accept it that a lot people are in bitcoin because they see it as a tool to make money. which it also is. bitcoin is a great investment tool. these people simply don't care about the technical aspects. they also don't care whether bitcoin is being accepted by a lot merchants throughout the world. they only are interested in quick profits, but they are free to use bitcoin the way they want.
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If price fall down below 400 usd would it be good to sell it ?
don't sell it just hold and waiting the price reach $500 again .... then you can sell your bitcoin and buyback at price under $400 you are quoting and reacting on something that was posted back in december 2015. that dude has probably sold his coins already.
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in the beginning 2016 i would say yes this year is boring year for bitcoin because the price movement does not look so good and for trading activity i think a bit difficult to earn huge profit except if you do a trade with a huge capital
the price in january went down from just over $450 to just over $350! that's not really something i consider to be boring. day traders have had some good periods with high volume where the good traders have earned themself a decent profit.
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