I think this is a good bet. Gold is very stable in price and many volume.
Bitcoin has the same advantages since it is a future currency/investment
Yes, both gold and bitcoin are solid investment. They are strong and have potential. With bitcoin being my favourite offcource, i expect the most reward from bitcoin. there are a good amount of people that think gold is somewhat safe as an investment. to a certain extend it is true, but with bitcoin you know how much supply there ever will be. with gold not. |
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3k-5k per coin is a huge amount to think for now but it's now unreachable, we hope more (e)commerece will use bitcoin in the near future.
right now this price is far from realistic. but after 4 or 5 years things can look completely different. then we might even see the price go much higher than that. all this is just speculating right now, but the possibility for this to happen is really here. |
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Don't let the bitcoin stagnant in your wallet, let it have some transactions. If bitcoins are stagnant the prices will go down someday.
most people have a so called spending wallet that they use for receiving and sending transactions. beside that wallet, they also have one for storing their coins for the long term. a cold wallet. nothing wrong with leaving the coins sleeping in their wallets. |
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Lost bitcoins are bad for the user who lost them ( I suppose that were bitcoins minded years ago with low price, not a lot of money when they lost it, but at todays price, a very nice amount of dollars ) , but it increase the price for the other bitcoins that remain to spend. With less coins on market the price could be higher.
the price back then doesn't matter. right now the people that have lost access to their wallets could have had a great retirement bonus for later. especially when the price went over $1000 in 2013. current value is the only thing that matters. |
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invest btc in cloud mining
Yes mine too somewhat, but basically what I regret most is keeping money in cryptsy and hearing that it scammed. Seriously you cannot trust anyone now days at all even escrow just due to master-p. well, as far as the cloud mining thing goes, it was too good to be true. common sense and less greed would have prevented people from investing in the "cloud mining" scene. but no, people are always chasing easy and quick profits. people will only learn when they pay a heavy price. |
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Momemtum is good, so yes i think 500 dollar is likely to happen.
Just see how much the whales are trying to get the price to 500 dollar.
Since they have a lot of money, I can see this happen.
whales are doing everything to prevent us from reaching $500. if the whales really wanted to reach $500, then they could easily do it. they are either unloading and holding the price back, or keeping the price below $500 to accumulate more coins. |
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Don't you worry, we will go down to 430 in no time.
But I believe not at this time, because bitcoin is trading very stable in this week end. I expect this steady race may lead to $500 price levels within next week also. Because, world financial news are favoring bitcoin's value appreciations. it can go down to $430, we are definitely not far away from that price level. but i expect a slow rise to happen the comming days/week. if we can move to $460-$470 then it's a good first step. |
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Never say never but i really think this is not possible yet. For me it is a riddle if we will make 500 at all.
The price just don't go there.
$500 is a good target for January. $600 is good for March. If it rises too fast, the price will also drop fast. there is too much selling pressure at the moment. that is keeping us away from the $500 price level. i am quite sure we will hit $500 within a month from now. if we can stay above that price level, we can focus on $550 and possibly $600 after that. |
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i am invested in bitcoin and in several several stocks at this moment. i plan to buy myself some gold just to have some variation.
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it's a good thing that they have added a good bunch of nodes. but all nodes are hosted on 1 single service instead of spreaded around the world to make the nodes widely spreaded. that's not really on all continents. |
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20 should be sufficient (valued at around $50k/coin), but that works only briefly as the price will be very volatile around 2021. A better number to plan on owning may be ~100 and selling very small amounts at regular intervals once it crosses ~$10k circa early 2019. What you definitely don't want to do is keep all your coin in one exchange and attempt to sell $100k or more all at once, you'll get Goxxed.
Also, pay your taxes if you are converting to fiat. Don't keep holding much into 2021 as it will start falling again, obviously. I'd strongly consider diversifying as you sell.
you are way too optimistic i see. the higher the price will be, the weaker the order book will get. early adopters will smash through all buy walls instantly. right now a buy wall of 2000 btc is worth $900,000. at the time bitcoin is worth $10,000 per coin, the $900,000 buy wall will translate into 90 btc. early adopters with thousands of coins will have a fun time selling through everything. |
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i don't use cold wallet because i don't have much to be afraid for loosing it i think i will use it when i get some heavy stuff
amounts that you right now consider not to be worth that much can be worth a lot in the future. if you do plan to hold your coins for the long term, then definitely store them offline. |
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next mt gox very likely,there will be a volume 2 or 3 or so on, the longer the world looks bitcoin more profitable, many people use a variety of ways to get it, one of them by a hacker attack, so we're just waiting for the arrival time of the next mt gox.  no one is waiting to see the second mtgox/exchange disaster. any exchange can turn into a second mtgox, but the chances for that to happen is very small when you just look at the largest and most trusted exchanges. smaller so called 'fly-by' exchanges can close their doors at any moment. there is simply not enough demand for them. at some point they just stop everything and the unlucky customers will lose their funds. but that is by far not a second mtgox. |
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bitcoin is all we need. most of the altcoins are nothing more than premine and insta mine money making tools for the "devs" behind the coins.
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Unfortunately for us bitcoin holders it did not reach 500$ in december. But I am really hoping that it reach that level before march. Meanwhile, lets buy/sell intraday and hold some for the big raise lol.
why unfortunately? i am very happy with the fact that we have reached a price of +$400 after staying under $250 for a very long time. the price has increased more than enough in 2015. this year the price will continue to go up. |
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it's very simple. bitcoin will go up as long as there is an actual demand for it. and that is exactly the case. people are sick and tired of the governments that are constantly hiding themself behind shady policies to make our life worse. bitcoin is pure freedom. people will slowly start to realize this. i support bitcoin for as long as it exists. i also believe in the long term growth of the price.
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I don't think it's a bad thing when people cashout, they could be doing this for several reasons. For one, they probably made enough profits to cashout and are able to buy back soon and enjoy those profits. This is how the bitcoin market moves though, with pumps and dumps. If every bitcoin user would be holding, the market would stand still.
holding is easier said than done. a lot people here can't hold their coins unmoved in their wallet for even 2 months. they get bored or can't stand seeing the price go up or down. if they see the price go down a lot, they will sell to reduce further losses. and if the price goes up 5-10%, then they can't deal with the fact that they made profit, and thus they sell to secure a small profit. |
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i bought a nokia 3310 in good condition 2 months ago for €15 in fiat, and i have sold it for €25 in bitcoin to a close friend who is also a bitcoin freak.  it's not a huge profit, but the fact that i made a physical sale in bitcoin is a very nice step forward. |
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The new and the first pump for this year has just been started, i wish there will be more pumps and i hope the price to reach $1k
i am sure we will reach $1000 again, but i hope that the rise to $1000 will be slow and stable. then we can maintain that price level. if a pump causes the price to go that high, we will see the price come back down to previous levels. a steady growth is the best growth possible. |
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I have to say that bitcoin price worry me at the moment.
If we don't see price increase in this year more people can loose confidence in bitcoin and give up.
If less people use bitcoin merchants will be less inspired to accept bitcoin.
If such scenario happen we will not see any breakthrough with bitcoin soon.
the price will go up with whatever amount the market movers want. we might see the price get stuck between $600-$700 for a very long time during the halving, or we will see the price reach a new ath. people who will lose confidence in bitcoin if the price doesn't go up a lot, then they are free to leave. i trust in bitcoin and have full confidence even if we stay around $500 during the block halving. |
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