Bitcoin Forum
May 29, 2024, 08:26:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 ... 285 »
2061  Economy / Speculation / Re: Will Bitcoin will correct back under $10k or are 4 digits gone for good? on: July 10, 2019, 04:51:45 PM
Welp it had its correction to just under $10k like I thought. Now it's back to $13k. At this point I don't think we'll ever see 4 digits again. The time of buying a whole bitcoin being possible by a lot of people (at least in rich countries) is gone. Heading into the future new bitcoin owners will be excited just to own 0.1 Bitcoin. They will be impressed by anyone who has a one or more bitcoin.

Agree the part with owning one whole bitcoin. 4 digits, I think we will see them.

I'd say extremely unlikely. It BARELY managed to break down through $10k on the last correction, only hitting high 9000s for a matter of hours. Doubt any future corrections will go as low as that last correction. I do expect a bigger percentage drop and longer drop after the next surge, but think it'll probably dip to 11k-13k in september during the next correction, 4 digits seems out of reach now.

the 4 digits is definitely gone for good unless something very bad and unexpected happens! otherwise the more we stay above $10k the stronger it gets, it has always been like this. not to mention that we are on an uptrend that has been going on strongly and so far no strong trend has ever changed direction for no reason which makes less than 4 digits that much less unlikely.
2062  Bitcoin / Bitcoin Discussion / Re: remember that time satoshi Created a p2p e-cash sent directly from one party to on: July 10, 2019, 04:38:35 PM
well when we have something that goes up as big as 2000% in value in one year obviously that attracts the wrong crowd who rush in for that unimaginable amount of profit in such a short period of time. and after a while we end up with a community that is filled with this type of people.
but the good news is that this thanks to bitcoin's volatility and their lack of understanding, they don't stick around for long. as we can see a great number of them are already gone because of 2018 drops.
it is not a bad thing, it is the natural order of things.
2063  Economy / Service Announcements / Re: The most important part of investing in bitcoin is timing. on: July 10, 2019, 04:25:46 PM
OP is just promote his site, just look at his post history : https://bitcointalk.org/index.php?action=profile;u=2329711;sa=showPosts

yeah, he crawled out of the speculation board into the main board for advertising. what i am curious about is whether anybody have ever bothered paying him any money. it is not just that selling this kind of services like this doesn't interest anybody but also because he is dead wrong about all his speculations and so far topics that i have seen from him where he was guessing a price has been way off the mark!
2064  Economy / Speculation / Re: Bitcoin Will Move up 25 -30x Faster Than Gold Says, Max Keiser on: July 10, 2019, 04:13:52 PM
that is kind of an obvious statement though!
it is not day 1 of bitcoin existence, it has been 10 years and for the past 10 years price has been going up a lot faster than anything else, 25-30x is our normal days in bitcoin bull market. statements like this would have been valuable if they came out in early years not after 10 years of big rises they start stating the obvious history and the trajectory that bitcoin is already on.
2065  Economy / Speculation / Re: Mark Yusko: Bitcoin can go up to $ 30,000 without correction on: July 10, 2019, 04:02:02 PM
we may not be sure about a lot of things when it comes to bitcoin and its future but we all know one thing with absolute confidence and that is the fact that even in bitcoin world a rise without a correction of this size is impossible.
bitcoin market may have traces of manipulation i it still, but it is a very healthy market and in a healthy market we always see corrections during rises. corrections that have to happen and they happen along the  way to the top. you can look at 2017 rise from $1000 to $20000 that was filled with at least 50 different corrections.
2066  Other / Beginners & Help / Re: earning bitcoin at Iran on: July 09, 2019, 04:06:59 PM
According to the article that DdmrDdmr posted any buying, selling or trading of Bitcoin is not considered to be illegal in Iran. The same applies for mining as the article mentions that government agencies have seized several mining companies.

If you do any of the above activities you are breaking the law of your country and in Iran the consequences could be serious. Please consider if it is worth it.   

actually you misunderstood the article because it is intentionally written in a vague language! what they seized wasn't regular miners or even a mining company. what they seized were thieves who were stealing electricity and putting a lot of pressure on the network which is illegal anywhere in the world.
as for trading bitcoin, i don't think there is any law against it yet. they are just scaring people at this point.
in fact the literal translation of the news is this: "there is no law against bitcoin but trading it is illegal" LOL
2067  Economy / Economics / Re: If a pyramid runs forever, is it still a pyramid? on: July 09, 2019, 03:52:05 PM
yes it is and it is also considered a scam no matter what.
the reason why it is a pyramid scheme and is a scam is simply because of its design. if you start thinking realistically about a pyramid scheme you can see why it is a scam pretty clearly. in this scheme you first throw yourself in a ditch and in order to get out of that ditch you have to pull others down where you are so that you could put your feet on their head and pull yourself out.
the bigger the ditch the more people need to be fooled and the fuller the ditch.
2068  Economy / Speculation / Re: Bitcoin Is Likely to Hit $100,000 by End of 2021 Says Anthony Pompliano on: July 09, 2019, 03:41:35 PM
I believe the price can reach 100k earlier than that, in 2020, and before the halving.

people who are guessing high prices but in a date after 2020 halving are guessing it based on previous  two performances that we had at the similar time after the halvings. each time starting with a huge drop that reverses upwards and has a big rise before the halving but doesn't reach the previous ATH and then rise to set a new ATH in the following year.

so if that is to be repeated $100k in 2021 seems legit.
but i also think as we move forward these cycles will become shorter and happen faster as the adoption speed is not a lot faster than before.
2069  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Cafe on: July 09, 2019, 03:33:59 PM
this sounds nice but it mostly looks like they focused on the decor of their place, and without actually accepting bitcoin it is not much of a "bitcoin cafe" in my opinion, it is just a regular one with a lot of altcoin icons in the background of the shop.

you also mentioned "promotion", i don't think it is doing that either because bitcoin is already banned in Bangladesh so it wouldn't matter even if people were exposed to this, they still aren't going to buy bitcoin.
2070  Bitcoin / Bitcoin Discussion / Re: BitCoin : The Money of People on: July 09, 2019, 03:19:15 PM
Bitcoin is already unobtainable for most of the world's population.  It will always be unfair because how it was launched , most people didn't even hear about bitcoin until it was too late.  Most people don't have 10 grand to spare on one coin.

you just proved that you didn't read OP and you don't understand what bitcoin is and why it was made. your whole argument is cicling around the price and the "FIAT PROFIT" that you can earn from it.

but bitcoin is not about that, bitcoin is about cutting the middle man like banks and take their power away and transfer it back to people. at any time you want, at any price you want you can dump your fiat and gain this advantage and for that, it will never be too late.
2071  Bitcoin / Bitcoin Discussion / Re: Court documents are suggesting CSW may control 1.1m BTC. He is planning to sell! on: July 09, 2019, 03:09:04 PM
I saw more trolling from BSV people. Remember BSV fans - Bitcoin is always the king.
If somehow Bitcoin fails, BSV and all other alts will fail.

they always come out here and become super active when their altcoin has been dumped a lot and they were trying to start the pumping operation to recover some of their money and empty the newbies' pockets one more time.
2072  Economy / Speculation / Re: This Is Your Last Chance to Buy the Dip Before Bitcoin Pierces $20,000 on: July 07, 2019, 05:30:16 PM
Anyway, I'm not really into speculating price but when I do I only based on the previous history of btc. Last 2017, btc soar high during the -ber months so now I'm hoping that it will happen once again. Even though there's no concrete evidence to support that presumption — just pure intuition.— but still I believe Cheesy. Nonetheless, we can all agree that it still a good time for coin hoarding since we aren't yet reaching the last ATH.

that's mostly superstition though. every year people say the same thing but each of them use different months. it doesn't stop there either, they go as far as days too. for instance a common one is "bitcoin drops on weekends"! the reason why every person says a different thing is simply because there is no such patterns Cheesy
anyways, the only thing that matters is that we are  one the rise. and every day the charts look more like the pre launch days such as 2012, 2015 and 2017.
2073  Economy / Economics / Re: Reminder: Goldbugs are a joke on: July 07, 2019, 05:17:57 PM
Peter Schiff is smart and a man with a plan. He uses his authoritative position to convince people to buy spot gold while most of his exposure consists of stocks of gold miners.

For every 1% that gold increases in value, these stocks go up like 2-3%. In an interview he even admitted that these stocks account for the main part of his portfolio, which just points out how hes only driven by greed.

He knows that gold will not reach $5-10k unless the dollar undergoes hyperinflation. He's just trying to pump his stocks because they function as a leveraged investment tool during actual spot movements.

what most people forget is that whenever someone keeps publicly giving investment advice they are not doing it out of the goodness of their heart. they have a benefit in what they are saying and that benefit isn't something that is going to come to them in 2 years as they encourage others, it will be that day and week.
2074  Economy / Speculation / Re: 3 Reasons Why Bitcoin Could Explode over 2019 on: July 07, 2019, 04:52:24 PM
The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.  Tongue

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.  Roll Eyes

such war would be so unpredictable and may not turn out as you think. these tensions are between Iran and US right now but if a war breaks out it will suck the whole middle east and US into war first and then will suck Europe into the war too. at such a large scale i don't think people would be looking for high risk investments such as bitcoin.
2075  Bitcoin / Bitcoin Discussion / Re: A Woman Travels to 7 Different Countries in 12-Week.Challenge using only Crypto on: July 07, 2019, 04:41:54 PM
i think there are a number of us who wish to do something like this but the only problem with this kind of plan is that the world is not yet ready for it! we talk about spending bitcoin but unfortunately there aren't enough places that are accepting bitcoin payments, in some countries it is even harder to find such places not to mention that for instance the hotel that accepts bitcoin may not be to your liking.

Her 12-weeks challenge spending crypto paying hotels, restaurants and shoppings is really difficult because bitcoin is bullish at the moment she is travelling.

the exact opposite is actually true!
for example imagine you take $1000 worth of bitcoin for your travel and then bitcoin becomes bullish and your $1000 is not worth $1500. how does that make anything "difficult"?
2076  Economy / Speculation / Re: New High... For Everything. What'll happen next? on: July 05, 2019, 04:26:51 PM
After reaching new highs on btc price and on some altcoins they  will slowly going down little by little cause what goes goes up will always come down.

with that logic nothing in the world should ever have any value. literary everything should fall down to zero because they have all gone up at some point!!!

the only thing your statement is true for is altcoins that go up due to "manipulation". in other words the correct statement is this: "what goes up to a fake price will always come down".
that is why altcoins always get dumped back down to their first price and keep going lower while bitcoin keeps rising each year and has gone from 0 to >$10000 and have stayed there
2077  Bitcoin / Bitcoin Discussion / Re: Bitcoin Confidence Test on: July 05, 2019, 04:14:18 PM
My offer is very simple, İf someone want to buy all Bitcoin in your hand and pay for each Bitcoin 25k USD. Do you accept or reject. But there is one simple rule: You will never buy Crypto currency again.

yes i will sell in an instant simply because we don't live in a hypothetical world and you would have no way of enforcing your rule in the real world and a rule without the enforcing power is hot air.
i would take the $25k per coin money and buy bitcoin at $11k with a big profit Wink
2078  Bitcoin / Bitcoin Discussion / Re: shortest way to explain blockchain to a noob. go: on: July 05, 2019, 03:24:11 PM
it very much depends on the newbie! you can't give the same answer to everyone.
for instance to most newbies that i meet in real life i usually focus on telling them not to fall for the "buzzword" that is blockchain and has been used to hide the fact that they were scamming them. so i guess my "short way to explain" blockchain would be to not fall for the hype, and just because someone is talking about it that doesn't mean what they are selling you is any good.

yehh you right

better to stick to experts ....

but all noobs need to know peer to peer cash came from peer to peer file sharing and why peer to peer file sharing was create what the reason for peer to peer file sharing after all this they will understand why peer to peer will help to any vertical in life , and espacially MONEY....

then their logic will start to work and ask how one peer/wallet send money to other peer/wallet.....

after they know how peer to peer file sharing work which peer to peer money its the same with twist which called blockchain

i would avoid using "peer to peer file sharing" as an example because it is going to only mislead people who want to understand bitcoin and the blockchain technology that it uses.
most methods of file sharing isn't completely decentralized or even peer to peer. for instance in many cases like MegaUpload and sites like that, you reply on a centralized database. or even in Bittorrent you are still using trackers and also sites that have the torrent hashes which introduce centralization.
none of it exists in bitcoin.
2079  Other / Beginners & Help / Re: What type of challenge do you face when you want to buy or sell bitcoin? on: July 05, 2019, 02:42:15 PM
trust is the only challenge that i have ever faced and that is only because whenever i sell bitcoin, i do it off the exchanges and since peer to peer trades are hard and require trusting the other party, it has proven to be challenging for me. although it has never been hard enough to make me want to look for any other ways and after a while you always find connections to do things easier.
2080  Bitcoin / Bitcoin Discussion / Re: Court documents are suggesting CSW may control 1.1m BTC. He is planning to sell! on: July 05, 2019, 02:25:21 PM
Craig is definitely not the Satoshi Nakamoto but do know who Satoshi is. His claims now and not being able to prove his claims and accusation, it suggest he knows the real satoshi won't come to testify against him. So, the real satoshi could be Dave Kleiman, he was real close to Wright and is dead in 2013.

Craig wasn't even around in early years to even interact over the internet with the anonymous "account" called satoshi let alone know the identity of the person in real life. not to mention that he is a nobody and there is no reason for him to even know it since he wasn't even aware of bitcoin before he began scamming people.
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 ... 285 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!