this market seriously lacks sellers. we need more market selling!!!
The weak hands have been slaughtered.. the halving will be interesting. weak hands always lose. they simply are too scared to make a proper investment. these kind of people should never invest and put their money in a savings account.
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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?
I think this is a crap thread & bitcoin will never go to $0. You must find better ways to troll -D. Yes will never go to zero even a big whale start his sell off. This is because there are lot of buyer now days waiting to buy at every prices levels. Even a price under $200 also will not hold in this current trend it will revert back to normal price immediately. there simply aren't enough coins on an exchange to dump it down to zero as they can put up 200,000btc buy walls at $1 or $2
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Whatever you do, just make sure to buy before the halving. Most likely it will be higher than what it is now if all else is the same but the supply generated is cut in half.
I think that the price will be increased after the halving period, But saying the truth it is just too little to except a huge profit from only 1 BTCI would not consider it as a long term investment but as a short investment. people invest what they can afford. 1 btc right now doesn't seem that much, but we can surely expect it to rise significantly the comming years.
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I am keeping my fingers crossed for it to pass the $300 barrier once again. Maybe the influx of chinese users will help.
i'm sure we'll go over the $300 price level, but it can take a month or 2. maybe even the beginning of next year. i only hope we'll maintain the support at $300.
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there are much better alternatives.
I'd recommend to use electrum or ninkip2p (great mobile app)
nowadays i am using blockr.io more than blockchain.info as they seem to be far more stable so far. blockchain.info has not been fixing important bugs for quite a long time.
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Faucets are just a way for newbies to get a few bits and figure out how bitcoin works. There are some people from third world countries that try to hit up all of the faucets in hopes of making money though.
without faucets people would be forced to buy some bits in order to test bitcoin by sending and receiving transactions. faucets have a good purpose.
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guys please dont dump your coins. itll only lower the price ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on There's a ton of people with a ton of different reasons for having BTC in their life. Who is anyone else to tell them what to do? Yeah they are free what to do with their money... but unfortunately massively selling btc now will make the price crushing with a little profit. Seeing the ''resurrection'' of bitcoin price, it could reach 400$ in the next weeks. let them sell as much as they want. at some point they are done with dumping and we can focus on advancing to the +$300 levels.
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where's 120k option?
that option is only possible in fantasy world. here we don't need to see option anywhere near that amount. realistic people are the winners.
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i feel we need to hit 320~350 to say the down trend is broken
anything above $300 is good. especially if we maintain to stay above the $300 price level. only then we can say support is strong enough to not go sub $300 again.
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and ...... It's gone. Someone woke up the dumpers.
taking profits is normal. you can't expect the price to go up constantly without seeing people take profits at certain price levels.
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why would I have lots of bitcoins? Only stupid doesn't dump on 300$ and buy back cheaper. that's how money is made, not sitting your ass on your coins
people who are not selling at $300 are waiting for a higher price to sell, or maybe don't sell at all in the comming years. that's not stupid.
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it feels good to see people get more bullish after all the negativity we've seen for such a long time. let's hope we'll see the price go up more.
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$250k and $1 are both more realistic than, let's say, $10k.
because it will either succeed or fail? best is to focus on realistic targets such as $1000 and after the $1000 price is reached, then focus on $2000.
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We’ll see another Bitcoin price bubble like we saw in 2013. The history of Bitcoin trading is a bubble, a correction, consolidation and another increase, It’s happened four times and it will happen again.
don't think we'll see another bubble very soon. people simply buy because there seem to be genuine demand as the block halving is near.
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We'll see $300 price before the November. Currently; Bitstamp 277.67 BTC-e 271.36 Bitfinex 277.89 Huobi 281.89/1789.61
It's time to say To Da Moon!
update the price bitcoin now Bitstamp 280,10 BTC-e 272.545 Bitfinex 281,60 Huobi 283,01 and yes i'm agree with you bitcoin would be To Da Moon! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Just took these rates from the Coindesk price chart: Bitstamp $293.57 Bitfinex $294.00 BTC-e $284.9 Coinbase $294.09 itBit $292.85 OKCoin $294.43 I think that we should not look back again to the $250 We should move forward and the next target is $300. if we manage to go above $300 and maintain to stay there it can be considered a great achievement, especially since we've been waiting a long time for it.
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I was completely wrong on my speculation. It seems like it will reach $300 by the end of this month. It's already trading at $295 today. Can someone explain what caused this rise?
Either some pumpers and dumpers or the twin brothers manipulating the price with their big share of btcs and them being rich.I'd say the price will crash back after going till $350 , but not sure until what it will crash to. i think there are a few chinese pumpers active, or huobi has something to do with it as they seem to pump very hard. either way, it's chinese.
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i have seen many people predicting 1 btc to be worth $1,000,000 at some point, which is beyond insane. but now a well respected and quite an important bitcoiner says $250k per coin, makes me think he is simply not thinking in a realistic manner.
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240 would be a rock solid floor if in case a crash happens. Tests like this could be done to see how would the market react. I have a feeling that once the top is in, a decrease towards 240 will happen before another run, this time it will continue to last until the halving.
i totally agree . the eu helped but it will need more recognizing by others in what way did the eu help? the price advance is purely due to people buying coins to hold at least untill the block halving.
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It won't hit $300 this month, but it probably will have by the new year at least once. I don't want to be any more optimistic than that as a high rate of price growth is likely going to cause an unsustainable situation like with the bubble to over $1000 per BTC.
definitely not this month. i hope we manage to do it before the end of the year. that would make me happy, especially if we manage to stay above $300.
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it's called the halving trend. i do hope it won't end after the block halving. the support at levels as $400 will be much stronger due to less supply.
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