|
Of course you can just buy and hold for many years but there is significant sideways movement now. Its a good time sell out around 1200 and buy back close to $1000 and then once again wait for a good rise to come along to take profits.
The whole idea of trading is TAKING PROFITS when they come along and then looking for another good deal to come along. As for buying, $1000 or less has value but not at all worth buying right now.
|
|
|
|
|
At this very moment, you want to sell and buy back $1000 or less.
|
|
|
|
|
It will be another couple years before it stabilizes at $2000. The issues surrounding BTC are becoming more and more unsurprising and the pricing should start to get more stable as well. At this time, its best to just dump it and buy it back at $1000.
|
|
|
|
|
The ETF has very low possibility to be approved at all. The Winklevoss themselves state that it has just 25% chance of approval. Their own firm dumped a lot of Bitcoin right now since it has appreciated quite a bit. They do expect Bitcoin to do well going into the future but it will be a slow growth towards $2000 maybe over a couple years or more.
Come Friday be ready to open up your bourbons and drown your sorrows~
|
|
|
|
And down we go. See you at low $800s high $700s.
Really? |
|
|
|
It is extremely risky to buy now to be honest. That is what is called climbing on the wall of worry. People are scared to buy, as it is very risky, but the prices continue to climb.
Myself, I am out of the train, waiting for the dip to buy back.
That dip you are waiting for will not come...you got off a train just leaving its station. With limited supply BTC has no where to go but up. Anyone selling out less than $10,000 will kick themselves sooner or later considering another halving coming in a few years. |
|
|
|
|
We are looking at BTC going to $10,000 in the long term. Even at $475 its a bargain considering that its regularly in use and the difficulty continues to rise over time. In 2016, there will be a split in reward, take that into consideration!
All of you will be crying babies when it reaches $10,000 and more and complain about not having bought enough.
|
|
|
|
2015-2016 are very important years for bitcoin. We're now in a clear price correction and on 2016 there's a new halving, aprox: http://bitcoinclock.comI don't know, they're just predictions so yo could say what you want  This factor is probably the most important one as far as price of Bitcoin going up. Otherwise, it will just reasonable enough that miners continue their operations. Its a good time to buy in and hold till after 2017. |
|
|
|
|
My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.
|
|
|
|
|
Very clever indeed. Basically siphoned off all the funds and now calling it quits.
|
|
|
|
|
What recourse do customers have in this case?
|
|
|
|
|
The next difficulty will be 10% more at 44283444912. Good luck to the miners!
|
|
|
|
|
I agree with OP that 2016 will be winner for Bitcoin. In fact, end of this year will be good by itself.
|
|
|
|
|
Laura (CoinTerra)
Hello,
Thank you for contacting CoinTerra.
Our legal department has provided the following:
“The company has defaulted on its secured notes. The Note Holders have senior, secured and, we believe, perfected liens on all of CoinTerra's assets, including servers. We have proposed a plan to the Note Holders. However, at this point we do not know how they are going to react to our proposal. The Note Holders are evaluating their options. Until this is resolved, CoinTerra will be unable to make further payments.”
What this means is that we cannot issue any payments to customers at this time. We will let you know if this situation changes or if there are any relevant new developments but, for now, we have no further information.
Best regards,
Laura
CoinTerra Support Team
|
|
|
|
|
Not much going to happen till the block rewards halves in 2016.
|
|
|
|
|
Show Posts
