i am sure this all is done to push the bitcoin core developers to hurry with their solution to end this drama. as far as i know is the majority of the chinese mining farms still strongly supporting the original core client. the earlier we get our much wanted block size increase from the core developers, the earlier we can leave this destructive drama behind us.

money is already digital. nowadays we do everything with our smartphones. right now i just need my banking app in combination with the nfc chip in my smartphone to pay for things. that's all digital. i barely use physical money anymore since nearly all stores here have updated hardware that allows me to do contactless payments.

that's how smart people are trading. they benefit from the panic in the market created by these panic sellers. but the thing is, most of the people are too scared to buy when the price is going down. it doesn't feel good for them. these panic sellers allow us to make good profits as they sell their coins to us for a low price, and when the price is going back up, they will buy their own coins back for a much higher price.

this just shows that bitcoin has soo much room for seeing its userbase grow. if we manage to double the amount of bitcoin users in the comming years, then these people will also try to spread the word about bitcoin like we are doing it right now. here where i live bitcoin is quite known as they have heard about it in the media (mostly not good news), and i try to explain them why the media is wrong and why bitcoin is much better as currency compared to the fiat we are using here. if you explain what bitcoin is and how it works in easy language, then they will understand it and even might get interested in it.

title of the article is "bitcoin isn't dead yet" it implies that it is still a possibility according to them. the media has always been known to have a hostile approach regarding bitcoin. this article appears to be somewhat neutral compared to other sites. that already can be seen as a good thing. if bitcoin was really nearing its faillure point, then most of the wealthy investors would have pulled back and sell all the coins that they have. it doesn't happen because they trust in bitcoin and think it has a great future.

indeed. it's not stupid if you know what you are doing. however, the majority of the people i was referring to are yolo buyers. they always lose money because they don't know what they are doing. these people always complain about the price going down after they have started to buy in. and then they sell at a loss to prevent even more losses. that's not really a good way of trading, right?

yes, i did read. what do you think i missed or may have not read properly? regarding the atl, i was talking as being 1 btc = worth ?.

i always see people complain about the price being too high. why didn't you buy when the price was crashing? it was a fantastic moment to buy, but still people are waiting.... next time when you see the price is tanking, make sure you don't miss that opportunity to enter the market.

well, it's still a good moment to buy at todays price if you plan to hold your coins for the long term. short term wise, the best price to buy in was when the prices came down to below $400. but if you plan to buy for the short term anyway, at this moment it's just a fair price to step in. i still can see a sharp fall in price.

i think we can expect a higher price just before the halving than just after the halving. that's mainly due to the massive amount of speculation around 1 month before the halving. when the block halving has been completed, i think we will see a lot people sell their coins that they have bought at todays price levels. that will cause the price to come down significantly. after that it will recover and move forwards.

i can't agree with your analysis to be honest. you look too much at what has happened in the past, and that's how you came to the point of saying that we are heading towards a massive crash. also, i don't find the block halving price to be fully priced in already. we have much more potential growth that we can expect to see this year. the block size thing will get fixed this year, i am quite sure about that. what price do you consider to be the atl? the atl after the ath?

reaching $200 is no part of the question anymore. i doubt many people are still waiting for this price to happen ever again. it's simply unlrealistic. people now think in terms of sub $400 which has already happened. if you have managed to buy at sub $400 levels, then you have done very well. right now the best time is to hold if you are happy with the amount of coins that you have.

well, bitcoin and other crypto currencies make people in china interested in it, which might trigger some people to get their cash out of the country in a fast and easy way. by creating their own digital currency they might try to get people to use that instead of bitcoin and other crypto currency. it's just speculating, but a fair possibility. bitcoin will always be different as the chinese digital currency will be ruled with iron fist.

it's very simple. bitcointalk. there isn't any site where you can earn a good amount of coins per week without risking your own money. with signature campaigns there is no risk involved, and 1 post can make you earn more than farming faucets for an hour or so. and if you do both, then you can earn even more. but i personally don't find faucets to be worthy of my time.

maybe it happened a bit too fast, that i might agree on, but we also went fast from $420 to below $360. i find this to be a recovery to the normal/fair price level that perfectly reflects the current situation and sentiment of bitcoin. let's see where it goes from here.

bitstamp went below $400 again but is now climbing back up as huobi is pumping like there is no tomorrow. bitfinex just reached $413 and it won't stop there i guess.

there are actually 2 things very important. the block halving is one of them of course. but if we manage to reach consensus regarding the block size increase, then it might bring the bitcoin price even higher. it will then calm down things and we can move further. i really hope it will happen this year. people are waiting for it. the drama needs to end.

i don't consider the price going up $25 in a short time to be a bubble. if it went up to $800-$900 right now after sitting under $400 just a few hours back, then it would be completely different. right now the price is recovering to its normal price level. it was about to happen and many people were expecting it to happen within this month, and it did.

i am more interested in what the sellers will do to the price right now. the price can't go up all the time without seeing traders secure profits and thus see the price go lower.

this once again shows that you don't have to panic when the price is being smashed down. use it in your advantage to buy at the low prices, and benefit when the price goes up. like i do right now. i didn't expect it to return to $400 within a matter of hours. the price was just $378 a few hours back. i only hope we will stay above $400 now. the support at $400 is still weak, there is a chance of goinf slightly sub $400 again.