The bitcoin price is dropping probably because there has been created a new debate about bitcoin core classic which confuses the miners a bit to move or not.
nah. i think all this is done purely to put some pressure on the bitcoin core devs to step up their game and release the update the majority of the community is waiting for. people are tired of this endless drama about the alternatives that look out to be used as main client. most of the chinese miners are standing firm behind bitcoin core. says enough....
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Investing in property is a good idea. I would do the same. Either a house or join a group of investors to buy some property in asia.
investing in real estate is good if you manage to buy at cheap somewhere in an upcomming country. i would definitely not buy real estate in asia as the markets there have reached their ath's already. that's how the situation is currently. who knows, by the time bitcoin reaches a huge amount you can enter the asian market at a low price. then you have invested your money wisely.
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the more popular bitcoin gets, the heavier their policy towards bitcoin will be. i think it's just a matter of time before we see some strict rules that will make it harder to freely purchase bitcoin from exchanges as their bank accounts are under heavy pressure already. there are banks already telling them to move their funds away from that bank as their account will get closed. it's pure madness.
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I would hold the Bitcoins for the future. I believe that Bitcoin will go up in range in the future. It will maybe take a long time but I think it will.
i am quite sure that we will look back and laugh at current prices once we reach $1000 and higher at some point in the future. you just need to have patience and to not sell your coins when you have made a small profit. just keep holding untill we reach a price of at least $1000 and you'll be just fine.
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So that's why we're back at sub-$400 now eh? Well if that's the case then it'll probably recover by this week or the next. if the owners of these coins would really dump these coins, then the price would easily tank to $200 and probably much lower than that. i think they are just moving their coins for security reasons.
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i am fairly sure that the price will reach $500 within 2 months. if it doesn't and we stay around $400 for a longer time, then i won't mind it as i like stability. for now i think the chance to come close to $500 are greater than us staying around $400.
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im waiting with my bitcoins in my wallet until the next halving that will happen after about 6 months as far as i know, the price should rocket up then as people will start buying bitcoins like crazy
And what happens when the block halving has been initiated? Will you sell everything? I might secure some profits, but I will never sell all my coins as I believe in the very long term. I will buy now and when the price rockets, I will use some of the coins to buy something I want. That is the same as selling. actually, buying goods with your coins is much better than selling. it feeds the economy and shows that there is real interest in spending coins by the people. spending is always the best option.
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The question is: When will Bitcoin increase its block size? In the original proposal for Bitcoin, Satoshi Nakamoto did mention that the block size should increase but he did not suggest a timetable. This has divide the community into two camps. Those who think Bitcoin is a monopoly and its users can be squeezed for higher transactions fees. And those who think Bitcoin should keep its popularity. In the long run, it won't matter since Bitcoin has planned obsolescence and will lose it popularity no matter what.
it can happen at any time i think. it can take a few months at best, or even longer than a year at worst. i also want to see them hurry with increasing the block size to 2 mb, but i don't want the core devs to make mistakes when they are rushing to please the community. i prefer it to take a little longer and that all goes according to plan instead of a failing fork that may cause severe damage to bitcoin.
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I think its going to 500 sooner or later so get in when you can in my opinion. I have been picking some up every couple weeks for the past 6 months.
I hope that too but the bitcoin dropped very badly .Don't know what's going on . the reason for the current defensive sentiment is the recent cryptsy drama and the mike hearn stuff. it will take some time before we leave that negativity behind us. all will be good and the price will go up again, don't worry.
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I don't think now is a good time to invest by buy 1 bitcoin today. the price is not stable from 2 weeks ago, better you wait until the bitcoin price decrease again. and then you buy it.
if some one is really interested in buying 1 bitcoin as a long term investment, then current price being $30 higher or lower doesn't make much difference. if bitcoin really takes off and institutional investors have a safe way of entering the market, then we can easily see the price reach a new ath. $395 is the price right now, that makes buying 1 bitcoin today a great long term investment without much risk.
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it's most likely a large mining farm that is spreading its mega stash that they saved up throughout the years. the majority of the 1 million amount are spread into 1200-1200 btc per transaction. i think these coins will end up being spreaded as 10-100 btc per address.
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The more you read more you become confused! Sometimes it better to look at those grafs and make decision for yourself
that's because there is way too much useless information here in this forum section. many people here speculate and make predictions without thinking first. that's why it's a good choice of you to do your own research. i also do my own research and it's much better than most of the info you find here.
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With the month almost gone i see not of the expectations have been met. To me that is very sad, since i really hoped for a 500 price to be achieved. Well let's hope February will bring us good news.
no worries, the good months will come this year. this month has been good for people who were waiting to buy at sub $400 prices. we just need to wait till the chinese pumpers will start doing their work. that's when things start to get really interesting. have some patience.
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Bitcoin stopped dropping already so I don't think we have that much to worry about now.
the price not going down more right now doesn't mean it won't go down further in the evening or tomorrow. we have seen people get happy because they were thinking the price was stable, and the next day the price was tanking heavily. never count your profits too early.
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If you can afford to invest right now is a good opportunity for doubling money. We expecting halving so all those miners will spend electricity for half amount of btc.. Miners won't sell under cost of mining!
mining farms have been saving up their coins and these will be sold at some point. i am fairly sure that when the pre block halving pump will start to gain ground, the farms will start to unload a good portion of their coins. beside that, large farms have very low electricity costs and can make profits even when the price doens't go up much from the current point. the difficulty will simply come down and that will result in more mining rewards.
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i am quite sure the chinese pumpers or whoever they really are come back and cause a massive bull run. the only thing is, where will the price end up going. if we go back to lower $300's, which i don't think will happen, the the bull run will probably peak around $500-$550. that's not exactly what people were hoping for. it is what it is, we have to deal with it if it turns out to be like this.
What most people here are hoping for is unrealistic. If they know how markets work then they would be a whole lot less optimistic as far as the short term goes. Some people think the price would reach $1000 in January....uhhhhhhuuuummmm. Hope is gone. yep, most people are lacking common sense. i wonder what they feel if their high predictions will end up being nothing more than an illusion.
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high profile bitcoiners always tend to have ultra high predictions. i just laugh at these predictions and also the $100,000 predictions from other wealthy bitcoiners. winklevoss bro's for example, i am interested in finding out how many of their 100k bitcoins they still have. i am quite sure they secured some of their profits.
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i am quite sure the chinese pumpers or whoever they really are come back and cause a massive bull run. the only thing is, where will the price end up going. if we go back to lower $300's, which i don't think will happen, the the bull run will probably peak around $500-$550. that's not exactly what people were hoping for. it is what it is, we have to deal with it if it turns out to be like this.
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we all think we know where the bottom is, but in fact, we don't know how low the price will go when the panic starts to pick up again. so far it seems to be $350-$360, but it all can be dumped down if a whale wants to.
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I guess the price bitcoin will never be stable if bitcoin still has a relationship with the market, because bitcoin will become a tool that has a price. bitcoin prices also in the set of users, such as the current bitcoin prices stable at $ 390-400 but maybe later it will change again over time
i also think the price will probably never reach the point of real stability. there is too much speculation in such a small market. that's why we shouldn't focus too much on seeing the price be stable. the most stability that we will see will never be more than what we have seen when the price was stuck between $220-$250 for a very long time. better stability is not possible with such a low market cap and so many early adopters holding thousands of coins.
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