As long as we don't have a fundamental catalyst price is gonna bounce around with no new ATH. $400 could be hit but dumps will come.
the only way for us to see a new ath is that the block halving must happen. before that it's not possible from a realistic point of view. |
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The price of bitcoin is everything. It's all that matters. Until we can get about 100M people owning BTC then we can create bitcoin-only economies where BTC vs USD won't matter and we'll solve the volatility issue once and for all.
100 million people using bitcoin can be considered mainstream adoption. as long as bitcoin is connected to fiat, the price will always matter. |
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The money spent in the black friday will have to be dumped sooner or later.
I would wait a small correction before any buy
i do expect the price to drop as well by friday or just after friday. all the sales will be converted to fiat and that will impact the price for sure. if we're lucky there won't be a dump at all after black friday. |
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I now own one bitcoin in my coinbase wallet. It feels good. I am not sure why it feels so good but it does. I have a good feeling about Bitcoin. I am already up 20 euro after today. What could possibly go wrong.  i had the exact same feeling when i had my first bitcoin. i hope you will hold your coin at least till the block halving. and by that time you'll most likely have more than 1 bitcoin. |
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it has probably to do with the black friday pump people were waiting for. it feels good to see the price go up this much in just a day. i hope we manage to set a floor at $350 these days.
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I sold all my coins at 430$ which I brought around 230$. Now again buying to sell at higher price
you sold all your trading coins or have you sold even the coins you have in your cold wallets? it's never a good idea to sell all your coins if you did so. people will always end up regretting that they sold their coins at once. you are in a good position now since the price went down quite hard again. |
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bitstamp and kraken are great for trading. kraken is quick with posting euro deposits. it has worked well so far. bitfinex and btc-e are good as well.
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I'm going for middle of 2016. I think we've already reached our high in 2015.
I believe that once it hits $500 it will grow to $600 and bounce back down to $500 and hopefully it will stay around that number for a while.
i think in the middle of 2016 we'll see the price stay at least at $600-$700. the block halving will do its work. but for this year we have indeed seen the high of the year. |
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Meh, not so sure about this. Everyone is holding onto their bitcoin, waiting for the halving to happen.
But who knows, who's to say it won't go up on friday. We all just have to wait and see.
Not everyone, everytime there is a big swing, exchanges go crazy and the volume raises up quickly, people still trade everyday, only a few if even that few are holding bitcoins without touching them at all. It's pretty risky to hold when the volatility is so high, you have to be prepared at any moment. holding bitcoin isn't risky at all. especially if you hold your coins for the long term. if you don't trade then you won't feel anything of the volatility. it's that simple. if you do worry while holding, then you should sell 50% to be able to buy when the price is going down, that's how you minimize the risks. |
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keep dreaming! that will never ever happen, so it's not even worth having a fantasy about it. be realistic and you'll be fine.
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What are your opinions on paypal or bitcoin for online shopping?
I would prefer bitcoin for shopping, paypal used to be good but now bitcoin it is. paypal is good for people who are buying stuff. it's bad for people who are selling stuff. so many people ended up with nothing after a charge back. it's sad. |
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The first reason to buy Bitcoin is because you believe it's going to be big in the future, I don't understand Bitcoin if it's not for the long term. Of course you can use it for daily stuff but right now there aren't many reasons for the people in the first world except on certain situations, but in the future it will be huge when the goverment annihilates cash.
Well the first reason of buying bitcoin is to make profit depends on the current market moves. Not for holding purposes but to play in the market. Most of the buyers rotates the coins and not just staying it sleep in their storages. well, it's different for each person. some people don't dare to hold coins as they find the volatility to be too heavy. what kind of person are you? 50% holding and 50% trading? Im applying no percentage. Im basing my next move based on the current market behaviour. As long as I take profit, I will go that way. But one thing for sure, I will never hold for a long time. I will rotates my saved coins. Im making sure I will gain profits to get enough more coins as soon as i buy again from profits. that's a good method for sure. you are a fairly active trader. i am a slow trader as i prefer to hold and buy low sell high after holding it. |
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This is a stable price in my opinion as it is neither bad, people can afford to buy or good, people who want to sell aren't getting what they want for what they bought for a few months ago. Most wanted to cash in when it was $502 at the beginning of November but that is how it is with a volatile entity that bitcoin is. So this is just in the middle of that scenario, which to me is neutral ground.
current price is indeed quite a good price to start buying for the people who still haven't done it. we are building a nice support at +$300 which will help the price stay over $300. |
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If you are just starting with bitcoins and would like to get an amount to get started then faucets are the way to go, Trading is very much of a gamble (with a little skill involved), Not sure what are signature campaigns but if it's just people getting paid for having a signature then it would be a great way and an easy way too, Investment sites are very much of a scam so I don't thin they count at all.
Currently investing in any site is worst idea as they are mostly doing scams and running away with investors money alt coins trading is some risky but still much better idea just need some skills just few faucets giving regularly and good amount now many running away very quickly without paying any penny why are altcoins better? it's probably the most risky form of investing. 95% of the altcoins are being launched by people who bought the source and all. they don't even have basic coding skills. some altcoin offer something more than Bitcoin and legit has a future. you'll have to do research and sieve out the good apples from the bad 5% of the altcoins are being developed by real devs. that makes it different as they can add updates throughout the years to entertain their followers. but they will always stay far far behind. |
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Ever since the bitcoin has moved up to $502, I haven't woken up to a $500 ever since.
Just around $300. Going to sleep again with my bitcoins, maybe tomorrow.
we will wake up and see the price maintain at the $330 price level for quite a long time i think. if we manage to not go sub $300 then we will advance to over $400 with the next rally. |
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What are your opinions on paypal or bitcoin for online shopping?
Short term paypal is easier i guess, long term bitcoin will be much better for many reasons. Opinions are support bitcoin as much as possible. short term or long term. it doesn't matter. bitcoin outperforms paypal at any time. your money won't be freezed. people will not charge back after agreeing a deal. only benefits. |
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The first reason to buy Bitcoin is because you believe it's going to be big in the future, I don't understand Bitcoin if it's not for the long term. Of course you can use it for daily stuff but right now there aren't many reasons for the people in the first world except on certain situations, but in the future it will be huge when the goverment annihilates cash.
Well the first reason of buying bitcoin is to make profit depends on the current market moves. Not for holding purposes but to play in the market. Most of the buyers rotates the coins and not just staying it sleep in their storages. well, it's different for each person. some people don't dare to hold coins as they find the volatility to be too heavy. what kind of person are you? 50% holding and 50% trading? |
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If you are just starting with bitcoins and would like to get an amount to get started then faucets are the way to go, Trading is very much of a gamble (with a little skill involved), Not sure what are signature campaigns but if it's just people getting paid for having a signature then it would be a great way and an easy way too, Investment sites are very much of a scam so I don't thin they count at all.
Currently investing in any site is worst idea as they are mostly doing scams and running away with investors money alt coins trading is some risky but still much better idea just need some skills just few faucets giving regularly and good amount now many running away very quickly without paying any penny why are altcoins better? it's probably the most risky form of investing. 95% of the altcoins are being launched by people who bought the source and all. they don't even have basic coding skills. |
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When BTC started, nobody had any and it was worthless, so it was right to give away thousands of BTC to make it popular. All that has changed. Now that BTC's worth something, now that companies are building on BTC, now that serious business transactions are made with bitcoin, it's about time for faucets to adapt.
BTC is real. It's money, and you've got to work to earn some. I hope all faucets will disappear in 2015. Faucets are hurting bitcoin by making some people believing you can get it while doing nothing sitting in your home. No, BTC isn't like that, and it shouldn't be any easier to get than any fiat currency. Even for small amounts.
people say you can not make big money with the faucet ( as a faucet owner ) which is really not true if you look at freebitco.in traffic do you know how much he is making monthly ? in thousands so faucets are business a legal business i dont think so it is hurting anyone its a kind of market now and also some noobs get some free satoshis to play with. freebitco.in is the largest and most popular faucet. they have to generate a certain amount of income each month to be in the position to let their faucet pay out. i am wondering what their actual profit is. |
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yep, just as expected, a drop from 325 to 315 a few minutes ago at bfx.
I bet it will go up to 320, sideline there for a few days and then another from 320 to 310, rises to 315 for a few days, and then another drop from 315 to 305. Drop by drop, we are going down. This is the story of bitcoin.
the volumes are very low at this point. as you also said, the price will bounce from one level to the other. it will most likely stay like this the comming weeks. |
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