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The way I see it, with the recent price rises since last fall and coinbase's user base continually growing, people aren't too worried. Coinbase seems to gain another 100K members every month lately, so adoption is still very much happening.
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Well I just wondered since he has such a huge influence in the bitcoin world. If he were to flip and trash talk bitcoin like Hearn did, it would cause the price to plunge.
Most of all I just wondered out of curiosity.
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Why is Roger Ver continually making posts/complaints about the block size issues on facebook/twitter? I thought segregated witness was already being rolled out and will continue to be rolled out over the next few months while a longer term solution is developed? With the current bitcoin price the community doesn't seem to be fretting over this issue like they were in the past.
Can someone enlighten me?
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We miss your bullish news Fakhoury  . |
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I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
What you are doing is right buddy, weighted the risks I mean, but for me, I'M ALL IN !! I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though. Actually, I see Bitcoin as a safe asset now, why not ? If it were to fail, it would failed after few months or years, we approaching 8 years now and it's growing in a wonderful matter. Very true Fakhoury. In fact, I've thought the same before. Really all you have to do is stay up to date and informed with what is happening and where bitcoin is going (your thread is VERY helpful for this ). By doing that you won't get blind sided. Generally, the time something has lasted would be the time it takes to be completely destroyed. 7 years old and coming out of a severe bear market with halving looming.....can't get much better! |
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I think the halving in July is bullish. I think at least a majority will agree with that statement. And it is only two months away.
I think it is worth the risk in investing short term, as well as long term, in Bitcoin.
So how much risk is anyone else willing to take on? Stop 401k or IRA contributions to use that money? Sell assets to fund more bitcoin (which is what I am doing)? Or the brave souls who would "charge a credit card" to bet on the increase to pay it off in short order?? Heaven forbid, someone I read is betting their house (if they were serious) on Bitcoin in the halving. Or has the upward move largely happened?
This is all in the face of some doubts with Bitcoin, like the hard fork risks and block size resolutions being advocated.
I am not a gambler, but I am going to buy more over time but am weighing what my risk level is.
Good idea. Once bitcoin is a "safe" investment, the opportunity for huge gains will be severely diminished. I was just using extra money to buy bitcoins over the last few years. Instead of putting it in the stock market like I was before, I bought bitcoins. I would never back down my 401k to buy bitcoins though. |
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I don't understand do you only report bullish media? lol doesn't it bother anyone you don't get other sides?
Because most of the "bearish" media is FUD and BS and as you can see, I'm a permabull bitcoin investor and bitcoin believer. I believe that I'm showing the real face of bitcoin. Well said, Fakhoury. In fact, when there is hatred toward something and FUD and BS being spread, that means things are going well. Otherwise, no one would even care to bash it. I think there is a lot of fear and fud from people trying to depress the price prior to the halving in July(?). We will see what the general consensus is after that roller coaster starts, but let's just say I am not selling either before or after the halving. As long as bitcoin continues to be developed and adoption continues to increase, I'm holding. We are still maintaining very nice gains since summer 2015. |
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no coin can reach bitcoin, especially because they do not give anything worth it, at best small features that can be integrated in bitcoin, and bitcoin has merchants big merchants that accept it
remember that bitcoin needs many eyars to be accepted like it is today, so now what make you think that a fresh new coin that is not accepted everywhere, will be suddenly accepted more than bitcoin, a bit foolish to think
Exactly. The bitcoin protocol can always be changed/updated. All these other coins are essentially copy cat coins to be honest. And with no hard limit on total amount of ether production? I don't get why anyone would store value there long term. Might as well invest in the US dollar. Lmao. I could see ether coexisting with bitcoin, but not passing it. It would take a brand new technology to make bitcoin obsolete. Speaking of obsolete, even if bitcoin booms, I doubt banks and the stock market are going anywhere. |
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Are you guys serious?
First, ethereum is most likely in a bubble and in a hype phase. Bitcoin isn't.
It's a pain to buy compared to bitcoin and it's useless right now for payments.
There is no hard cap on the amount that can be produced (terrible store of value).
It's light years behind bitcoin as far as infrastructure development. Also, look at all the growing pains bitcoin has had. Don't be silly and think ether won't experience the same thing if it continues to grow.
I just don't get what the big deal about ethereum is to be honest.
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I don't understand do you only report bullish media? lol doesn't it bother anyone you don't get other sides?
Because most of the "bearish" media is FUD and BS and as you can see, I'm a permabull bitcoin investor and bitcoin believer. I believe that I'm showing the real face of bitcoin. Well said, Fakhoury. In fact, when there is hatred toward something and FUD and BS being spread, that means things are going well. Otherwise, no one would even care to bash it. |
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Fakhoury, where are you? G-unit, my dear brother, now I will submit the bullish arsenal, stay tuned  Thank you Fakhoury!!! Lots of great articles!! |
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Thanks for the information. That's what I suspected.
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I'm having a hard time finding a concrete answer to this question. How many ether will be produced? Is there a cap on the amount of ether that will be produced, and if so, what is it? What are the characteristics of the halvings?
I'm considering buying ether but want to know before buying it, especially because I believe ether is currently in a hype bubble.
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Fakhoury, where are you? |
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The only reason he is calling for bitcoin to fail is to create FUD to make people sell. He even said it himself...he trades to make money. Common sense. FUD creates price swings which is good for trading.
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People, please don't listen to this fucktard, MatTheCat. He's a moron with moronic advice on bitcoin.
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Does anyone have a link to whatever "consensus" news happened with the block size? I didn't hear anything.
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What is the current break even price per coin for miners right now? Big miners and smaller miners? Someone said for big miners, like Chinese farms, it was $180 per coin. But that was a while ago I think.
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According to Draper, 2018 will be the year it hits 10K . |
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Let's say bitcoin only ever gets to 10K a coin (very realistic scenario). 200 BTCs would be $2 million USD. Depending on your age, that would be enough, and depending on your other assets. There's a lot of money to be made with bitcoin.
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