thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move
depending on bitcoins success/failure i will monitor this and adjust ratio
there is no need to wait for the price to go down that much, especially with the great outlook that bitcoin has in 2016 and further. it's your choice, but at this point bitcoin will only increase more and more. if you keep waiting for the price to come down to unrealistic price levels, then you will probably end up buying at a much higher price. |
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There is no point to talk about $10,000 now. If it is a joke, then it is ok. Bitcoin will never reach $1000 this year. As per market things happening around the world, bitcoin needs huge boost and other high speculations to move the price to that high. Expecting a range between $500 and $700 is reasonable for 2016. More speculations will lead to huge loss later. Imo, It is better to day trade and take profits daily, even if it is small.
i agree with you that there is absolutely no need to talk about the price reaching $10,000, but saying it will never reach $1000 this year is another thing. i do believe that 2016 is the year that we can break through the much wanted $1000 level again. i don't say we will stay above $1000, but there is a high chance to touch it due to the block halving. also, if the stock markets and oil prices keep crashing, then we can expect a good rally as bitcoin will be the safe haven for people who are stepping out of stocks. |
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it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.
This time around the spike should be in the $2000+ region right? If a lot of scared people invest in bitcoins if there is really a big stocks crash it should reach these prices without breaking a sweat. i don't know how high the new ath will be, but imagine what a few extra billions of fiat comming into bitcoin can do with the price. |
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bitcoin is not dropping for sure, there even are no fluctuations the price goes up and down only like two dollars, i think that after some time it will start growing, i give it a month or something like that, i hope my prediction will be good
Bitcoin has been started increased lately, the drop i think was because of holidays but from now let's watch how far will go this pump goes. The pump will be lower than the previous one. Day after day, the total bitcoin in circulation is increased. You need more money to pump. how do you know the pump will be lower than previous pumps. do you have a crystal ball that shows you what will happen? the amount of coins that are in the market (exchanges) is very low. from the current +15 million coins there are probably only 20-25% of these coins in exchanges. maybe even less than that. |
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i am not a fan of altcoins, but i do think the money in bitcoin will flow into an altcoin that has been here and working without problems. erik voorhees said that litecoin can be seen as a bitcoin back up.
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Yes it is. we are waiting for $100/btc to buy. But the problem is, is that ever happen soon ? because i think it's hard to make bitcoin price back to $100/btc.
waiting for $100 prices is pointless as it won't happen unless the steam is running out of bitcoin due to no demand and hacks. look forward and not backwards. |
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it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.
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Well , because bitcoin has the advantage of low transaction fee , simple . easy to use , fast pace , just bring your mobile phone , you can make transactions
If the block size is not increased soon, you will have to pay much higher fees to get your transaction confirmed. it won't be that drastic. what i have been seeing happen a lot lately, is that pools tend to give certain transactions a low priority even with 0.0001 btc as fee. where you normally see your transaction get included in the next block or the block after that. it now can take a block or 6 to see your transaction get included in a block. |
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my plan is to keep trading and making profits and hold my other coins for a very long time. at least till the price reaches a few $k per coin. if we have reached a new ath above $3000 i will buy myself a new car.
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I dont actually think 10,000 is realistic anymore. Sure we might get to like $600 or so but the amount of people that would have to buy into bitcoin to reach 10k is impossible. Too many people are put off because bitcoin is confusing to begin with, people wonder why yoiu would want bitcoin when we have paypal and fiat etc. Last person i spoke to about it said its all absolute rubbish, wouldnt take me on at all.
right now $10,000 might not look very realistic, but once we go through the $1000 and $2000 and $3000 the comming years, then things will look completely different. have some patience and keep holding. |
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Seems like we have yet another struggle to break that 500 dollar mark. I'm trying not to bother too much about prices these days. Just let it so it's thing.
it's normal. selling pressure is too strong. we need to wait for these sellers to run out of coins. as long as that doesn't happen, the price will continue to struggle with the $500 price level. it might take a month before we go through the $500. |
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I guess so, if there is no good news for bitcoin lately or for the next few days, probably bitcoin will return to the price of $ 400, but I believe it will not happen  bitcoin is not really reacting on news anymore lately. i am sure the price is due for a rise. there is no reason for the price to plummet back to the $400 levels. just wait and see. |
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10M are only 20k bitfcoin, you need something along the line of 100k to manipulate very well the market, and the sad reality is that some people have thta amount and even more
any big farm have that amount actually, they can earn 100 btc daily, in one month this is already 3k, and in some years this is even more, if they cooperate you know the result what will be...
If they cooperate after the halving so that they will not sell or sell less, the price will rise dramatically. i already am suspecting the chinese mining farms to work together by not selling their coins. at some point they will be able to decide the price as they hold probably 100-200k btc in total. with that much coin the power is in your hands. |
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it's not really a mistake, but i wish i had bought more coins when the price was at $180-$190 in the beginning of january 2015.
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just keep holding. that's the best option. holding bitcoin is already an investment. you have spent a lot time collecting your coins, don't invest them. keep holding at least till the block halving.
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If bitcoin was nothing I think the price won't even matter.
A lot of people use bitcoin, because of the price growing.
For people that are trading and buying and selling bitcoins alwys matters to them and people who hold bitcoin.
people will always care about the price because it is tied to fiat currencies probably for ever. will we ever reach a point where 1 bitcoin is not $447, but just 1 bitcoin? i find it hard to believe. |
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this is something i keep hearing year on year.
2012 - this will be the best year!
2013 - this will be the best year, no doubt about that.
2014 - this time 100% the best year, great adoption and such....
2015 - very much investors and adopters will make bitcoin reach new highs.....
2016 - do i need to say more?
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I don't see it happen, not within 2 years at least.
The price is just encountering too much resistance right now.
I hope to see the price go to 500 very soon though.
everything is possible when it comes to bitcoin. i think with a great bull run and a good chunk of speculation we can reach these levels in just 12 months. that's only when everything is in the favor of bitcoin. otherwise we'll just see $600-$800 in 12 months time, which is also a great achievement. |
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nope. people that were hoping for the price to go lower than $440 are probably not happy that the price is not going down anymore. i think next week we will hit $460-$470.
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it didn't take that long for bitcoin to recover from this
We're a month later from when OP made this post, after it went down it got back up to $400
The $400 price has been quite a solid base. I believe the price will rise from here to much higher price. You are a bit lower about base, the base range is around $420, it won't get down than this, and if it does, then we should definitely expect $350 to be seen once again before any price spike takes place... And according to me, this ain't gonna happen in upcoming months... i think the floor is still at $400. everything above that can vanish in a very quick fashion. there is no reason for the price to go sub $400. |
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