yes! we have reached $400 again just now. it feels good that i have bought myself some coins to benefit from the crash to below $360. let's see how long we can maintain the current $400 price level.
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america is some kind of benchmark for the rest of the world. eventhough china is comming closer and closer, i still think america will lead the comming 10-20 years, if not longer. we have to deal with the fact that when america is having a bad economy, it will automatically let the other countries suffer with it. it drags every country with it when it falls.
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how safe something is is impossible for us to say bitcoins as with all investments have a possibility to lose you money instead of making you money , so just invest money you can afford to lose so you dont ruin your life in the same rate as your investments is falling when it comes to gambling, people say only use money you can afford to lose. if you're a smart investor and not a panic rookie, then it's more a matter of only using money that you don't need the comming months/years. if you invest wisely and have enough patience, then you will make yourself a more than decent profit.
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Unlike any other commodity, bitcoin has most influential factor for deciding it's price levels, it is network's difficulty levels. When more bitcoin miners enters into mining bitcoin then we can expect the price raise of bitcoins. The vice versa also true.
It's supply and demand theory only. Fundamentally bitcoin is similar to all other traditional things. Like any things in this world, only supply and demand moves bitcoin prices also.... If more people want bitcoin, its price will rise. It is quite simple. It is not affected by mining difficulty. If the price drop, miners will turn off their miners. the price is purely build up on the demand, that's right. the difficulty simply adjusts itself to whatever the current price is. if there is low demand, then the result of that is a lower price, and that might result in a lower or less higher difficulty. from time to time you can see the potential difficulty increase will be 8%, if the price comes down for whatever reason, you can then see the difficulty go down from 8% to around 5%.
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I think it will slowly crawl back to $400. But even with this crash and maybe others, i belive the price will rise after halving.
i believe that we will see a significant price increase before the halving. i am fairly sure people will go nuts to grab themself some last minute bitcoins to not miss out. current price is just temporary. if you have enough patience to hold your coins for a longer period, then you'll see that your choice to hold was the best possible option.
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Notice buffet hasn't told anybody what to do with their money in 2016...
Maybe he is secretly investing into bitcoin. But this might be against his advice. He does not see cash flow from bitcoin. i don't think he is investing in bitcoin in secret. especially when it's done through his berkshire hathaway. every investment, no matter the size, must be made publicly for the share holders. if he really had invested in bitcoin or a bitcoin related startup, then we would have heard about it already.
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Not holding any coins at present. I'm waiting for the "right" moment for re-entry.
I want to get into a state of mind where I can just buy in, stick it all in cold storage and get on with life.
the current price is not a bad moment to step in. what price are you waiting for, $200-$300? these prices won't happen, so it's basically a waste of time to wait for it. the closer we come to the block halving, the higher the price will be. don't wait too long with buying.
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The price still fighting and i think it will rise again but not this time. i think it will rise again on february above 400. For now i will still collecting to increase my bitcoins.
this is the best moment to buy bitcoins if you haven't done so already. i would buy with 50% now, and save the other 50% for when the price goes down even more. that's how you minimize the risk. i have been doing the same when the price crashed from $430 to nearly $350. i am happy with the coins that i bought.
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Well I also like you , especially if bitcoin , I do not want to sell because then there will be halving
Yes there will be halving ahead but don't think it will sky rocket the price in a short time, some of the miner are also in profit with current price. I will expect 600-700 by july this year. 600-700 by July this year is quite conservative prediction. It could be $900-1000 then. It will be even higher in December. juli is only 6 months away from now. i hope the block halving will push the price close to $1000, but if we remain above $700 by that time, i will be extremely happy. if you don't have high expectations then you won't get disappointed. i still think we may reach a new ath this year. and if the block size issue gets solved, then the chances to reach a new ath will be even higher.
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currently only the haters says bitcoin is dead and don't want bitcoin more grow up but even though some people says it i do always believe bitcoin will not dead
these people have a hidden agenda. nowadays people talk down on bitcoin because they are being part of the group that supports bitcoin unlimited and the other alternatives.
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I think now $400 is the magical barrier we have to break. I hope we won't need several attempts like with 300. Will be interesting to see how long we have to wait before we see some new action. Right now it looks stable and very quiet.
i think it will be more difficult to reach $400 again than it looks. people expect it to go over $400 again very soon, but we first need to add buy support to catch all the dumps. otherwise we'll end up going back to $370-$380 for a week or maybe even more.
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Best for bitcoin would be price stabilization, but for speculators this is best situation!
what others experience as annoyance or a problem, might be seen as a great opportunity by other people. i personally don't see the volatility as something bad. it allows me to trade and even buy on lower price levels when needed.
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i am definitely happy with what bitcoin did for me. it allows me to store my value without the need for a bank or other third party. bitcoin has made the financial world think different about their old fashion way of handling payments etc. it's a great achievement for bitcoin that the technology is getting positive world wide attention.
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no way The price has been below $400 for 4 days now. Everything is possible in the bitcon world. The price is too volatile. i am sure that if the whales want, they can get the price above $400 again without a problem. the price is being held down at the moment. the reason for that could be that some large traders are accumulating coins.
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The price would be back to 430 soon as the bitcoin community starts making consensus on the block size debate.
if that happens, then we can easily see the price go through $500. it's basically what people are waiting for. the sooner it will get solved, the sooner we can leave all the bitcoin alternatives as bitcoin xt, bitcoin classic, bitcoin unlimited and so on behind us.
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I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past. But after the last dip i know it's better to buy more instead of selling.
it's a simple rule. just don't panic. seeing the price go down makes me happy as i can buy more coins at lower price levels. people just have to realize that panic sellers are always losing. at some point when the price is going up and they feel good about buying, they end up buying at higher price levels. it's just stupid. keep holding.
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This is the worst time to sell your BTC. Why didn't you sell at $450 if you wanted to sell? No one here wants to sell.
this. people had the chance to sell at $450 and didn't do so, and they are now asking whether it's a good moment to sell right now. it's just too funny. people here don't know what to do anymore.
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don't listen to all the fud spreading trolls in the media. just hold your coins and you'll be fine. bitcoin price will recover to its previous levels above $400 and then advance even further due to the block halving demand.
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kwukduck, just stop with this. why you always say a crash is going to happen when you see the price is going down? i want to see you predicting a crash when everything looks just fine. you are the same as cryptocoinsnews. they also say the price wil go down when the price is already going down. when the price goes up, they say we are advancing.... dohhhhh.
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i think the current investors will simply look into other investment options where they can maintain a safe position but still have a potential profit that they can make. bitcoin may be one of these investments. it's a store of value with very high potential profits. i think that it will make bitcoin swing through the economic difficulties without much problems. i do however think that the economic crisis won't be as severe as you describe it to be as you compare it to 1928.
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