The coin has to be used, has to be in demand for hold to matter and I disagree its that simple sorry. The people who contribute worth to this economy are creating ways for it to be used and the holding is incindental, while I go to sleep I'll hold coins even if I use them everyday. The only real way for value is to get as many users and so accidental holders, revenue matters alot even if the business does not prove profitable it raises value for holders of the wider economy.
Both stories are true: adoption increase the demand, hodling limit the supply. Using bitcoins is good, but selling them for filthy Fiat is evil ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) as long as the bitcoin price is connected to fiat currencies, selling for fiat is something that will continue for many years. even if we do spend our coins in stores that accept bitcoin. these coins will automatically be sold for fiat by services as bitpay. that won't change unless they see the real value of bitcoin. most merchants that are accepting bitcoin don't even care about it. they just hope for a bit extra revenue. that's all.
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Best method is holding it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But if you want to have more Bitcoins, do the same things as you would for more dollaz... bitcoin is still relatively new. a lot of the investment possibilities turn out to be a scam. it's basically not worth to risk your coins. especially now the block halving is not far away. you'll make profits by just holding it. the amount of coins that you have won't increase, but the value in $$$ will go sky high.
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Bitcoin is still not use in every country, but I believe that in the future people will just start using it. I think the most the new generation so the young one will use bitcoin more often than us. When that happens a lot of country will adopt bitcoin. Later more atm will come for bitcoins so that we just can cash some money with it.
things will happen if we take some actions. if in your country there aren't many bitcoin merchants or services, you can start your own since you'll be one of the very few that will benefit from the demand. it's basically a win win situation. you are making profits, and you'll also help the bitcoin economy. if we keep waiting, not much will change. if we take action, we can achieve a lot.
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I think btc price will drop to 200-300$, maybe even 120$ in the next few months, then raise to 5000-10000$ in 1 year. it will be really unstable, become worthless in next 10-20 years.
how on earth will the price drop to $120 with the block halving that is comming closer and closer. that doesn't make sense. i do agree that the comming years will be very unstable/volatile. it's going to be more than interesting the comming years. i hope we can settle above $1000 and not see it go below that level anymore.
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altcoin exchanges don't need to scare people. they are earning big money from pos coins that they have in their cold wallets from all their users. they can simply dump the staked coins and get the money. it's easy and free profit.
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I'm convinced this is just a bubble, like every time this year. We've got several thresholds to be sure that the price will fall to previous levels once again.
i don't think this is a bubble. it could be when the price in january reaches $1000 and $2000 in juli. then i would somewhat understand if you think it's a bubble. at this point it's purely the demand that is driving the bitcoin price higher. I think it's evident that the market just doesn't won't let the price go bear 500$, profit taking is too strong at this point after all these months of trading below today's levels. i agree that there is too much selling pressure in the price at this point which makes it extra hard to reach the $500 price level. but the people that are selling can't do it endlessly. they will at some point run out of coins that they can sell. after that the price will break through $500 easily. it's just a matter of around a week.
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Im trying to keep it for long also have some small amount in gold But i think that saving it now and sell it in 15-20 years that is proffit
after 15-20 years the price will either be a huge load above $5000 or barely worth anything. but i do believe in the future of bitcoin and do think we'll see the price rise to a minimum of $5000 after 10-15 years. if you can manage to hold for that long, then you will be very happy.
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it will not go down at all its really stable right now as it is on 450 dollar mark from here we will start going up and up and i believe that slowly but surely we will reach huge prices in the upcoming year also the halving event will help
Yeah we can see that is stable, but with bitcoin you never know what will happen and is never stable. I would like that in the future bitcoin would be stable aroun 5.000 dollars or more. i don't think we'll see the price be stable as long as there are early adopters with too many coins. the higher the price is, the weaker the buy orders are. if an early adopter dumps 1000 coins when the price is $5000, then the price will go down to $3000, if not lower.
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bitcoin is perfect for online payments. if you want to pay in a physical store, then the confirmations aren't a real problem as long as the amount is lower than $20-$30. then you can do payments without needing to wait for confirmations.
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They should have indeed. For some countries, the low earnings obtained through faucets may even be meaningful at their life costs.
of course. what we consider to be not worthy time wasting faucet payouts, are a good extra income for people from third world countries. for these people farming faucets is a more than good time investment.
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i think bitcoin will simply fail or be one of the main currencies in the world. if it does indeed become one of the main currencies, then even $100K might be considered low. it will be far after 2030.
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Its not safe actually. But u have good chances of making plentiful money out of your investment as there is too much demand for bitcoins in the recent days. If you are sure that you can hold bitcoins during the price drop until the price comes to normal it is a good investment.
if you really believe in bitcoin and the long term potential of it, then investing in bitcoin is very safe. i also hold my coins for the long term. i trust in bitcoin and will continue to do so in the future. i will get greatly rewarded for being a patient bitcoin holder.
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i don't think this will have any effect on the bitcoin price. it might get affected when institutional traders are in bitcoin. these are the kind of traders that do find this news important. regular bitcoin traders don't care that much it seems.
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Not anymore. All I have is fiat now.... Sigh..
you can still buy back some bitcoins. it's not too late. these times are the best for bitcoin holders. the block halving effect will make your investment value go up and up. what's the reason for selling all your coins?
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i think yes. it will always need a fiat currency alongside it, unless we are going to massively use bitcoin as being worth 1 btc = 1 btc. if that doesn't happen, then nothing will change.
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i guess the most likely price will be $400. it went down a few times but stopped at just over $400. i don't think it will go below $400.
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satoshi is the undoubted nr1 when it comes to owning the most bitcoins. as a second it is either mark karpeles or roger ver. i hope mark karpeles will dump his last coins, if he haven't already. that means a less worry for the people.
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I'm convinced this is just a bubble, like every time this year. We've got several thresholds to be sure that the price will fall to previous levels once again.
i don't think this is a bubble. it could be when the price in january reaches $1000 and $2000 in juli. then i would somewhat understand if you think it's a bubble. at this point it's purely the demand that is driving the bitcoin price higher.
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57 bitcoins? that's a more than decent amount to have in your wallet(s). the price will need to go over $17000 in order to make you a millionaire. maybe by the time the price is rising, you'll have increased your coin count. that will help you get closer to your $1 million target.
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i don't expect the price to go sub $400 any time soon, unless there is some bad news that might get people upset. if that's not the case, then it will go up all the way to $500. after reaching $500 it will be very interesting how the price will react. will it hold, or will it fall back to around $450. only time will tell.
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