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i find it easy to pay with bitcoin for stuff i buy online. bitcoin allows me to pay for things, just like money, so it makes bitcoin real money for me, yes.
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it's just funny to see that a news site is desperately looking to gain attention. it's not satoshi. people can act like they are satoshi as much as they want, i am sure the real satoshi will never be found unless he tells the outside world who he is.
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The low cost of pending it but also the hype around it. The price is a very nice aspect and therefore bitcoin is mostly used for speculation.
When it has grown, let's hope we can spend it!
look around you. there are plenty of online merchants where you can spend your precious bitcoins. and yes, currently bitcoin is mostly used as an investment. that will change once people start to see the real potential of bitcoin. then people will use bitcoin's features in their benefit. the investment part will be nothing more than an extra bonus. |
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not sure if this was panic buying. it is a peak probably caused by a single entity. it was a very welcome green candle. i hope when i wake up the price won't dive back to below $400 again. i am happy as long as it stays above $400.
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First let's just see if we can stay over $400 for a week.
Over $500 by Xmas would be nice though.
it will be very difficult to maintain a price over $400. if we indeed manage to stay at least above $400 for a while, then we can start building new support levels. only time will tell. |
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If this guy really is Satoshi, would his life be in danger? I'm sure a lot of banksters would at least want him dead for creating bitcoin.
it doesn't matter anymore since bitcoin is not operating with satoshi. bitcoin doesn't need satoshi anymore. his goal was to let people take care of it and bring bitcoin to the next level. |
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I would argue that it's beneficial for Bitcoin if we see a slow but steady price increase.
Too much volatility isn't good, makes people less likely to use Bitcoin as a currency.
volatility attracts traders. these kind of traders are only not interested in bitcoin as technology. they just want the profits. these kind of traders will leave the scene once the volatility starts to decrease heavily. Volatility in Bitcoin will be present for a while in the future. It won't dissappear just like that. I would say that we need to grow quite a lot more market cap wise for us to become more stable. How much exactly? Well I would say that we need to grow at least 30 fold to see some major stability. the current market cap isn't even the most important aspect. the amount of order books is what is causing the volatility to be very heavy. order books are very thin and cause a lot panic when leading exchanges are going fully nuts. currently the chinese "giant" exchanges huobi, okcoin and btcchina rule the market. if these exchanges will be combined in a single order book, then i am sure the volatility will decrease significantly. even with the current market cap. |
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it's mixed. i have introduced bitcoin to a few friends and family members, i guess 10-15 people in total, but only 3 of them are using it from time to time. the others will give bitcoin a chance, but only if there is no volatility anymore.
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i won't choose any of the current altcoins. if bitcoin will fail as you say, it might be due to the fact that there is another coin that completely leaves bitcoin behind when it comes to global adoption and the features, plus security. i would choose that one.
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i have had a few dreams about bitcoin recently. the price in my dream was $1000 and a lot people were celebrating it. once i woke up i checked the price and see it was just $255  |
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If we can break 400 which is hard at the moment we might see over 500 or more in next period
we just need to have patience. if we don't hit $500 this year, then it will surely be reached next year. i don't mind seeing the price stay for a longer period at current price levels. |
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Nope they are not safe yet, you will loose money if you buy high. Now is not a good time to buy people.
Why not, maybe the price of bitcoin won't go lower in 2016 or ever. Buying now just little amounts is good to do, only if you do a long term and holding it is a good idea. Indeed, it's better to buy now, I don't think the price will drop again lower than $350. If it does you're lucky to buy in then. I really don't understand that why people talk nonsense in each of these threads??? Threads regarding price are there, we should talk about price therein... @OP, And about safety of bitcoins, yes they are safe, if you can keep them safe... They ain't any virus, they are an electronic value that you will see in your wallet in numbers however much you will have...  How can you be sure that investing in bitcoins is safe? How? Are you a fortune teller? Can you see the future? As far as I can tell, nothing you invest in is safe. You don't know what happens to the market in a year from now. You can only predict and speculate until that time comes. there isn't something as a save investment. all investments have a certain risk. you can say that bitcoin has a low risk if you keep the potential growth in mind. |
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Dollar well just be a dollar, it the future it will still be a dollar.
The goverment well not replace it, because there is still a lot of people that they don't know about bitcoin.
of course the government won't replace it. why would they. if they will at some point replace it, then it definitely won't be Bitcoin. they will simply make their own currency. |
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I would argue that it's beneficial for Bitcoin if we see a slow but steady price increase.
Too much volatility isn't good, makes people less likely to use Bitcoin as a currency.
volatility attracts traders. these kind of traders are only not interested in bitcoin as technology. they just want the profits. these kind of traders will leave the scene once the volatility starts to decrease heavily. |
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The top was 1000 dollar, maybe this weekend was 400 dollars.
I am happy that it reach 400 dollars, but I am hoping that it will be more in the future.
I hope the top will be 50.000 dollars.
op is not talking about when the price reached $1000 back then. he is talking about this month. this month target is around $425 i guess. |
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It looks like it that bitcoin will go back to 500 dollar, but in december maybe it will or not.
I am sure that in 2016 will readch 500 dollar for sure and more.
anything over $400 is fine. if the price reaches $500 this month then it is a nice bonus for most people. 2016 will definitely be over $500, i even think we will reach $700 easy just before the block halving. |
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i don't think so. it will take a much longer time to reach $100,000 per coin, if ever. it's more a fantasy right now. i think 100 bitcoin is more realistic to be worth $1 million in the future.
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Bitcoin hit $1,000,000: i will then probably cash out around 50% of my coins to invest in other tech companies with future potential.
Bitcoin hit $1,000 again: i will most likely take some profits.
Bitcoin stayed where it was: this allows me to buy more coins to increase my coin coint
Bitcoin became worthless, or a few cents: i would buy with $1000 and look where it goes from there.
And which of these do you think is most probable? $1000
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for me there is no need for a hardware wallet as i can simply store my coins in a paper wallet or i can save the wallet files to usb drives. the trezor is quite expensive if you ask me.
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From reading this thread theres not very many people at all that have 1 bitcoin .  but some people have more than ~100btc i think they are would not say if he was to have it because it is very risky yeah true they are silent now, now many people who have more than 1 btc, its easy to have 1 btc i sure, most of the old members of this forum have 1 btc it's normal that people with a high coin count won't speak openly about owning for example 100-200+ bitcoins. right now 1 bitcoin isn't worth a huge load, but what will the price of 1 bitcoin be in 2030? then people won't even dare to say that they have 1 bitcoin because it's worth a lot. yeah, maybe we can know from they have it by their address, but we don't know, who owns it, anonymous of bitcoin now many people have more 1 btc it's not that hard to collect 1 btc if you buy at current price. it was even more easy when the price was stuck at $240 for a long time. it's just a matter of time before we see the amount of people that own at least 1 btc decrease as the price is getting higher and higher. |
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