I do not see the bitcoin getting stable anytime soon, it will take a lot of time and it will never happen in 5 years from that I have no doubts. I think it would be in around 10 years from now and than its even the question if it will.
Its gonna be a long term indeed to become stable, I think that there is no doubt about that it will be done but that the question is when it will happen. Honestly no one can predict this because the future of the bitcoin is also unpredictable and can go to all kind of ways. Yes, it is unpredictable for most of us, however there are some analysts who formulate and even hit upon their predictions, it's just a matter of searching.
|
|
|
I don't think investing in mining sites is a good idea at all, no matter if its legit or no. Simply its cloud mining and we all know what can happen with cloud mining services. Anyway to answer your question, better is to wait with that investment. Now we expect price to rise, and if price rise a lot cloud mining services will be in a problem. That can ruin some service and cause of that is better to wait halving to pass and situation to stabilize. This is safe way in my opinion, less profit I know, but safer for many reasons. Everyone can try to risk a bit, and that is not so safe way, lot of risks but profit is much higher. Choose what you feel is best for you.
Yes,in view of what has happened, invest on mining sites is not good idea at least at long time.
|
|
|
With so many new projects it is difficult to know with certainty if LTC could go up at least in short time.
|
|
|
Some users said that Doge but maybe its usage dont be the more appropriate by all kinds of age groups or who knows.
|
|
|
I think now bitcoin has got a stability, and I think it is much better for bitcoin as with that more people will put their money in to bitcoin without any fear of volatility, and more businesses will appear with the payment system of bitcoin.
Price of bitcoin is not stable it will increase by the end of year and if bitcoin price is stable than there are many disadvantages like users cannot get profit by placing their bitcoins on their wallet, their bitcoin doesnot increase and it's increasing price play very important role in their popularity... Probably the fact of that users cannot get profit by placing their bitcoins on their wallet, maybe it is better because so they cant dump, instead the price keeps growing.
|
|
|
Only save money to long time is not a good idea because of inflation so could be better invest it on a safe thing.
|
|
|
Even if it is dying technology(or someday can be) even could keep it some value and be used as a reference value, clearly talking about the worst cases.
|
|
|
The next halving is where things will really get wild. The inflation rate has finally dropped to reasonable levels. But it is still relatively high. Yes, as long as there is demand because even the lowest inflation without demand would not have much impact on the price.
|
|
|
Well man I don't think 2k$ is possible now that the price of bitcoin is sitting at 668.2$. IMO It will sit at 750$ in the best in the coming block halving that is near because I don't think it will rise more now that halving is near.
$2000 is possible in January 2018. It will not be so high in January 2017. The price could be around $1000 then. I think we will see 2k in january 2017 for sure Maybe at the end of this year but sure for next one I dont know, 2k it seems too high for such a short interval.
|
|
|
Nxt has had an incredible recovery in the price which does not just amaze, but I think it took too. I hopefully not be only a hype.
|
|
|
99.21875% will be mined in 20 years time. If electricity isn't very cheap by then and/or if bitcoin isn't worth hundreds of thousands of dollars, it's hard to imagine anybody wanting to mine then. How will transactions then be verified?
as others said there is always bitcoin price increase that can save miners from going under. besides you don't have to worry about the far future, stick to the present! also in the future when block reward is lower fees will be increased (assuming price hasn't gone up) to cover the costs of mining. However if this happen, I mean fees will be increased, it would not be very attractive to users, so it does not sound like very good alternative.
|
|
|
Given this choice, I would go for GOLD. Because GOLD is a tangible asset and most of the fiat currencies are backed by gold. This metal has a very little chance to go down. The women will never lose their interest on gold and the sales will remain strong.
Gold was always a good investment since last few decades and I would like to keep my trust on it.
Thats true,the women almost always or always are attracted to things of greater value, besides the gold it has a natural glow that just ends by calling attention to them.
|
|
|
i think it will happen pretty soon, we will have to wait for like a month only in my opinion because all people will be buying
I think by the end of 2016 the price can reach $1000 or even before, hope it will happen soon. Probably yes,despite of halving,things seem very calm now.
|
|
|
I've put most of my funds on cold storage. This means long term holding.
I don't know what is going to happen with the halving so to avoid being impulsive I decided to freeze my funds. I don't know if it is the good choice but this is it.
Of course I have some funds in my hot wallet but most of them are safely offline.
I guess it's a good measure, in a couple of years things are clearer about the future of this.
|
|
|
I think now we go short for a few weeks and long later... Hope in 4 to 6 months we can hit new highs Yes, and the increased activity expected in December could help reach that figure.......
|
|
|
Well done! You did a very effective analysis and that explain what happened,most of us believed that BTC price could only be exponential most of the time instead of consider it as linear price rise.
|
|
|
How will it happen?
Will it just suddenly one day drop to $0? Or will be a slow painful bear market finishing near $0 but never quite reaching at? Some believers will never sell no matter what price ??
What do you guys think?
Has it ever happened that the Bitcoin price was down at $0 because if you ask me it looks not even possible for the Bitcoin to be free. If that has ever happened then something must have been wrong because that cannot just happen. The main thing that can drive the bitcoin price down is a big bug found in the bitcoin and most of coins are stolen. If it'd exist(a bug),it had already been found, rather if the network was exceeded,overcome, or obsolete, its might be more likely causes.
|
|
|
Gold is solid, stable. That's an advantage sure, but the real advantage is that it's a recognized asset ^^
You can't do much with btc... And it's still risky as hell.
I think you're right only that gold is too expensive and while its value remains so high it is also a high risk.
|
|
|
Too little activity post-halving,Now the question is, and: Now what?
|
|
|
I am also so excited about this historic moment and that is why I am quite it will impact on price and would be helpful to get it to the moon when we will reach to that block, price will be skyrocket and it will get around $800 - $1000
Incredibly, and against all odds seems there was no change in the price,probably the investors are still too cautious.
|
|
|
|