400 dollar is a important mark. If it's broken we can see a futher decline.
If it holds the coming weeks, I am postive we have find a new floor.
Let's see what will happen.
the $400 price level is already a floor. it's strong and there is a lot support. it gives me good confidence that the price remained over $420 last days. some people were even speculating on the price going sub $400, which of course didn't happen. |
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bitcoin is going to rise in value with or without a global market crash. i think the investors outside bitcoin won't start with buying bitcoin just because the markets are crashing. for that to happen, they need to know what bitcoin is. if they don't know that it is a great investment, then they will invest their money elsewhere.
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With 100 BTC you could come far.
It's hard to predict what will happen after the 2020 halving, but it will get a boost.
100 is far to less. The price in 5 years has a potential of around 2k. Which would mean you would hold around 200k. 500 bitcoins on the other hand would make you a fiat millionare. within 5 years i also think it's better to have 500 bitcoins in order to achieve the status of a fiat millionaire. that's quite a realistic guess. |
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explain them all basic things about bitcoin in easy to understand language. that will help them to understand the first things. after that show them how easy it is to set-up a wallet and to start sending and receiving some transactions.
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I doubt 2016 will be the year for bitcoin. However that said we got the halving this year to see how things bounce. Maybe because it is more rear prices will continue to grow providing their is more demands and more company's start using bitcoin. Right now market is saturated because nothing new is happening with it other that the same old trends. Once things move in up direction and growth and development moves in the right direction so will btc. The only thing I will see this year with the coin is same as always, no massive changes or improvements. Once they fix what is wrong maybe it will change but who knows.
It's not impossible that 2016 will be the year of bitcoin. As we can notice easilt this crypto currency (bitcoin) is growing up daily, and many ewallets and marketplaces started to use it as payment processor already , and the price is increasing, so it's possible 2016 become the year of the Bitcoin year on year merchants have been accepting bitcoin as payment option, and the price has also been going up year on year. which makes every year so far "the year of bitcoin". |
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every market is being manipulated by the big guys, gold and silver are no exception. bitcoin at this point has much more room for growth. beside that, bitcoin has a fixed coin cap. gold and silver can be found at any time, which makes it have a basically "endless" supply.
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This January will be much more different and will bring good things to Bitcoin in my opinion.It is possible to see price over 500 $ by the end of this month which will keep increasing steadily till the completion of block halving.
why is this january different than previous january months? as far as i know nothing special will happen this month. i am already happy if we can maintain a price of at least $420 this month. everything on top of that is a nice present. it feels good to hold coins that keep their value fairly stable over a certain period of time. |
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Another failed prediction. Nothing new.
no matter how many wrong predictions these guys submit, they will never admit that they were wrong this time. they desperately keep trying to predict something that they hope/think will happen, while in fact it is not going to happen. |
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where is the crash you are talking about? i can't see anything that looks like a starting crash. is this again what you and your super "team" came up with?
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Did you just get interested in bitcoin? This is what bitcoin does. It's never been stable and I don't think it ever will be.
This is how bitcoin moves, everything that has potential to go up has to come down at some point. When bitcoin comes down you can expect another pump in 2 -3 weeks.
When the market cap is as big as the Japanese Yen or Sterling, the price will be quite stable. bitcoin is still new. to achieve a much higher market cap we need wall street guys to step into bitcoin. that's when the market cap will increase x10 at some point in the future. |
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for me the most important change will be the faster confirmation times. that's something that can get the adoption even to another level. i only don't think we'll ever see this being implemented.
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winklevoss bitcoin trust is something i look forward to and also the comming block halving. 2016 will be a very interesting year.
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people should stick to the current existing trusted and respected exchanges. if they do that, then not much will happen. but if they sign up and deposit coins at flyby exchanges, then it's their fault. avoid them.
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I believe faucets are very good for spreading bitcoins environment to new people. The free money given to a new comer, will get him more enthusiastic to make him more involved with the bitcoin ecosystem. But giving too much money for free would lead to negative aspects of price dumping like that.
for the majority of people faucet payouts are nothing more than dust. they will get annoyed because it isn't worth their time. the amounts are way too small to affact the bitcoin price and economy. |
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Right now with current value, the best investment option for bitcoin is trading. But it has big risk
I am sorry but I do not think trading is the best option. Bitcoin is not moving much right now and if you sell at a point where you think it will drop in hopes of rebuying later, you may be sad when it crushes that barrier and moves to the next level. trading bitcoin is infact the best option. don't forget that with stocks and such investors are happy with a 10% gain per year. trading bitcoin can make you 100% per year, if not more. you just need to be a smart trader. |
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soo soooo buy litecoin?
i would not be surprised if they are the one behind the litecoin pump too, and because of this i'm expecting the same thign for bitcoin when the halving come Yes there was a Litecoin ponzi scheme in 2015. I remember price shot up to $8 I believe and then got dumped. There was also a video around somewhere which was leaked. I think somewhere in the chinese subforum. Here an article I've found. http://www.dailytradingprofits.com/4669/was-litecoin-pumped-by-a-chinese-ponzi-scheme/It has recently come to light that a Chinese marketing company has been recruiting Chinese investors into a litecoin “cloud mining” ponzi scheme. The scheme had a price tag of 500 litecoins to enter and promised high returns of passive income.
This is the address of the ponzi scheme, which shows that it had a total of over 9 million LTC valued at around $40 million dollars. There are only 40,694,504 litecoins in existence, which means that this scheme managed to accumulate 22% of all litecoins!
The buying pressure came from over 10,000 Chinese investors which definitely explains why the price shot up so quickly. It could be that the litecoin block reward halving was just an excuse to sell this pump to people. litecoin is much easier to manipulate. if the same guys will also try to do the same with bitcoin, then they probably can get the price up by $50-$100 at most. which is still a great increase. i only don't like that the price gets dumped down afterwards. these kind of price increases are not what most people are looking for. You'd need quite a large investment to influence the price like that though... Not saying it's impossible, but unlikely to happen any time soon. market movers have very deep pockets, especially when they operate as group. it can happen at any time, if it isn't now, then maybe a few months later. |
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Bitcoin is good to be an asset. Not a currency. it's too volatile. Bitcoin can go up and down, it's to be traded and made profit, not used to buy things. Currencies are mean't to be unstable, they're meant to be a sort of ruler to measure the value of a good. How can you find the length of something when your cm/m values are always changing?
the volatility doesn't really matter when you use bitcoin as currency. it can still be used as currency even when it goes down like 50% in let's say a week time. i can buy some coins right now to buy stuff with bitcoin if the coins that i hold aren't meant for spending or dropped significantly in value. |
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i don't think the block halving price is 100% priced in already. i definitely won't sell any of my cold wallet coins at current price. i think there still is a 100% gain that we can achieve this year from current price.
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Even with no trading fees that is some seriously big volume that is not easy to create.. If the spread is not high enough it is very difficult to trade with yourself wihtout catching other peoples coins.
the large traders or groups that buy their own coins do it within seconds. mostly they are indeed buying their own coins, but some times they end up buying the coins from other people as well, but i don't think they care that much if they are buying a few coins from others while trying to buy their own coins. traders on this level have several thousands of coins to play with and equal amount of fiat. a few coins more or less doesn't bother them. |
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it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now
if it was indeed that easy, then it would already have happened. the big guys clearly don't want to let the price go sub $400. as you say, it will bounce back up due to the people that are waiting to buy sub $400 coins. wealthy traders know exactly how to play the market. |
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