What'd you think people? Bitcoin now has reached new ATH or it can surpass $9,000 and already heading to $10,000 that quick?  My prediction is bitcoin will hit at least $10,000 in the end of the year, we already passed $8,600 right now and it might reach $9,000 next week. A new record for the bitcoin price in this year, 2017 is the best year for bitcoin. Actually i'm surprised many altcoins price are not falling because of this. I think there is frantic institutional buying so they have the actual asset before the CME futures trading starts up. We might even overshoot $10,000. |
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Some of us have been here since 2013. Saw BTC rise from $150 to $1100, and then fall back to $150.
If we coped with a nearly 90% drop, we'll cope with whatever happens this time.
As long as the low point of the drop is always higher than the high of the previous peak (in this case $1100), you hold, because it will start climbing again.
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now it is almost 1700$. I think you will see sometimes it is passing 2000$ (perhaps even higher), but I won't say it has any ability to overtake bitcoin. but since it has a huge mining support from one group of people, it is much easier to be manipulated, so if your whole idea to gain profits when it goes up, there is nothing wrong holding it. I just bought when it was less than $1200, now almost $1700, but not selling yet. Perhaps wait until it reaches $3000, although I would think it would be better off having that money in bitcoin, we cannot be so sure anything in crypto.
Well it definitely won't overtake bitcoin this year. But if it gets merchant adoption and people start using it - then it has plenty of potential next year. Bitcoin won't ever sort out it's scaling problems, so the moment is ripe for another coin to make gains in the usability area. |
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It doesn't really matter that there hasn't been any development on doge at github since 2015.
The fact of the matter is the coin works perfectly and the wallet works perfectly, the fees are low and it's listed on practically every exchange which means you can use it to move money around.
Doge will be here long after other coins are dead!
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Mutual funds tend to be buy and hold organisations/funds, don't they? I don't think they do any shorting (that's just hedge funds).
So this is a very positive development, should mean some consistent buying pressure.
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but these things don't happen slowly or with prior warning. one day everything is fine and people are happily trading and withdrawing. the next day when they make a withdrawal the system tells them their withdrawal request is being processed but in reality it is stuck forever and they will never be paid. it has already happened like this multiple times with different exchanges.so far they are working fine with everything that is being thrown at them. with the hack and then their bank closing their accounts. curious to see how much more they can handle. Yeah. We shall find out soon whether their withdrawals through their new Polish bank work. The signs about something wrong at Bitfinex have been there for ages. But people insist on trading there because of margin and because they allow peer-to-peer lending at rates much higher than on Poloniex. |
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https://www.bloomberg.com/news/articles/2017-11-22/gold-fund-joins-bitcoin-frenzy-as-bulls-see-prices-at-10-000The Old Mutual Gold & Silver Fund, which manages $220 million of mostly precious metal equities, is jumping on the bitcoin wagon.
The fund started buying in April with a mandate to allocate as much as 5 percent to cryptocurrencies, according to its manager, Ned Naylor-Leyland. The idea is to take profits from bitcoin as it advances to reinvest in gold and silver assets, he said in an interview on Nov. 16.
“Bitcoin was explicitly designed to be digital gold,” said Naylor-Leyland. “So if you’re going to have a small proportion of a fund in bitcoin, it should be in a gold fund, because that’s exactly the point. It’s about bringing the ownership of disciplined money into the modern world. Bitcoin is paving the way for the reintroduction of gold as global money.” I reckon the buying from this fund is one of the reasons the China ban didn't tank the coin for longer than a day. They probably thought, "cheap coins" and bought as much as they could.
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So where did the rumour come from that they were starting futures trading in December? Or did they mean December 2018 but someone got the year wrong? |
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The way people are continually buying the dips, bitcoin might achieve $10,000 by the end of the year. But there will be a lot of profit taking at that point - loads of people have it as their benchmark for cashing out. So I doubt it would last.
Also, with the advent of CME futures in December, remember that futures allow people to go short as well as long. And true you can currently short on some exchanges, but this is peanuts compared to the money the CME will unleash.
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Doge is so predictable. It stays flat for a month (accumulation phase) and then pumps. Happens like clockwork. It's one of the easiest coins to trade.
I notice some people mention that there hasn't been any development done on it since 2015 - but it doesn't need it. The wallets work perfectly, transactions work perfectly, why mess around with one of teh few coins that doesn't have issues?
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Why don't you name which exchanges are a scam in your opinion?
I think he's referring to Bitfinex and their Tether problem (they claim they've been hacked again). Also, see the following 4chan thread about tether and bitfinex: http://boards.4chan.org/biz/thread/4492384I know the 4chan people can be quite crazy - but there is plenty in that thread to make you concerned. If you have stuff on bitfinex, move it. There are plenty of other reputable exchanges out there that you can use instead (Gdax, gemini, bitstamp). |
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Long term yes.
Short term we may see some adjustment price wise. We still don't know exactly the extent of damage that Tether hack has had, however it seems unlikely that any major harm is going to be brought with that hack anyways. If the price dips below $8000 then i would definitely start accumulating straight away.
In my opinion we're still only nearing institutional investors. We have only seen a select few companies being actually interested to invest and use bitcoin, let alone mass adoption. We've still got a long way to go.
This is the right answer. The Tether thing looks as sketchy as anything. It should have caused a correction in the market, but it seems that large groups are buying on every dip. The real risk with tether is that the people who run it are the same as the people who run bitfinex, and if that exchange goes down it will be a mini MtGox event. |
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My account has disabled since 40 days ago ,There isn't any clear answer and reason from @BittrexExchange support !!!. #Bittrex #Bittrex_disabled_accounts😡😡😡
Which country are you from? I heard that Bittrex disabled accounts from the middle east and any country on the USA's travel ban list as well. |
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See the following: https://fork.lol/blocks/timeBecause bitcoin rose to $8000, miners switched to mining it. So bitcoin now has 8.3 blocks an hour while BCH has 3.67 blocks an hour. On Friday bitcoin will retarget it's difficulty and things will go back to normal. There is no mempool on BCH, so everything outstanding is cleared when a block is found. |
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Anyone feeling the way I am: Bitcoin is about to jump up to 10k!
We have broken 8k and the next stop seems to be 10k. This would mean a 25% increase in the price. If Alts follow the pattern from before (Bitcoin Gold and Segwit 2x forks) we can expect a drop of 30-40% in the Alts. I will probably sell my Alts and wait for the coming drop. Or does anyone think that Alts will rise along with Bitcoin? What are your plans for the Alts in the coming week/month?
I'm not sure bitcoin is going to $10,000. I think there will be a correction this coming weekend when the difficulty retargets, and there will be another BCH pump. Not sure what will happen to alts - I personally think most will languish and the money will go into BCH. |
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I think there might be a dump this friday/saturday - the BTC difficuloty retargets, and I expect the difficulty will get higher and miners will then move to BCH, which then has the effect of building bitcoin's mempool and fees again.
This will keep happening because there is now competition for sha-256 miners (which there wasn't before).
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I guess you enjoy paying high transaction fees and love waiting countless hours for them to confirm.
High transaction fees now just because, is an attack on the BITCOIN network of miners, with the aim to destabilize our community. Soon all will return into place. BTC up and down the BCH. This is the problem with bitcoiners - they think they own the miners. They don't, the miners are businesses who will simply mine the most profitable coin. We've seen this in the scrypt mining scene for years - and instead of moaning, altcoins innovated to cope with it. We're seeing bitcoin not coping well because there hasn't been any thought given to how bitcoin would manage if the miners started to move back and forth. Which is a pretty big thing not to have planned for... |
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Bitcoin still remaineth the top Cryptocurrency. I don't see iit being overtaken at least in the nearest future.
With the way Bitcoin is going now, it's likely to hit $10k by Q1 next year.
I am not saying bitcoin will die tomorrow, I am just saying I think it is very possible a government will create a digital currency that is very competitive with bitcoin. I don't think we'll see government coins. But I read the following interesting article about how some businesses are migrating towards altcoins because of the bitcoin fees: https://steemit.com/bitcoin/@teatree/some-thoughts-on-transaction-fees-and-mempool-backlogs |
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After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?
Remember that when the Chicago Mercantile Exchange enabled bitcoin futures trading in December, JP Morgan and all those places that think bitcoin is a bubble will at last have the ability to short it in an enormous way. Yes, we have margin trading on bitfinex, bitmex, and kraken, but it's a piddly amount compared to what is going to be unleashed. |
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