Dr. Wright is still the best fit so far.
haha at the time i had my suspicions about him actually being Satoshi but by passing of time and the things that i saw from him i became sure there is no way he is Satoshi or even had any kind of affiliation with bitcoin apart from investing in it. - incapable of presenting a valid signature - presenting a fake signature as proof of identity. - his debt and shady history - the fact that he claimed he will move some coins to prove identity, he never did and there was no need for moving anything when bitcoin has a sign message feature! If he moved Satoshi's 1 million Bitcoins would that make you happy? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) good thing, real life is not based on ifs and buts and empty promises ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I think the price will top out at $1300 - $1500 within the next weeks and then decline to $600 - $700 over the next 2-3 months with the real blast off coming in the latter half of 2017 ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) You're in the wrong place if you're seeking financial stability.. What will according to you cause the massive up swing to $1300-$1500 where later it plummets with ~50%? Differeces are too extreme without anything severe happening such as another exchanges getting hacked. In my view, the price dropping to $600-$700 without a reason would be weird unless it's pure manipulation. But that's something you and I can not see coming. And yes, if you look for whatever form of stability, then people are indeed better off looking for stability elsewhere. But I think quite some people beside noobs and rookies are already aware of that. most speculations in this board is a joke, don't read too much into them. most of them are people who has ever held some satoshi and make one successful trade now think they can predict the market direction down to the cent. and the rest are just spreading FUD.
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Think that it will be seen in end of this month saying it with some facts. 20 January trump will be crown as US president, Megaupload 2.0 launch, 28 Segwith implementation on litecoin.... so many other.
Will this be key factor for LTC to go on some high price or to return to glory days remain to be seen.
i am actually excited for litecoin and segwit, i can't wait to see litecoin implement segwit for two reasons. most of all to see how segwit is going to work in real world instead of a testnet, and also when it is implemented it can be a good excuse for the LTC price to go to the moon once again.
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what do you mean by "stock markets" is this what you mean? because in that case i have not seen any altcoin or even bitcoin to be directly used to buy stocks. or are you talking about regular trading of altcoins that is not called stock markets, and for the list you can visit coinmarketcap.com or any exchange service.
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there was a topic here about terminology and not calling bitcoin words like virtual that i liked. and i think it shouldn't be called things like that. and to those who call bitcoin virtual, digital,... you take the scarcity approach but i always point out how everything else is virtual. for example the number they see on their Paypal account, or their credit card account is virtual. but bitcoin is more than real because you programatically own bitcoin and nobody can take that away from you.
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first of all market panic can only last for long. it is not going to be like this forever, and not everyone is panicking by the way. those who are called weak hands panic and dump their hands so fast and get flushed out immediately.
second of all the method you are suggesting to sell at 5% and buy back at 5% is not as easy as you make it sound like, it actually is hard and the more volatile the market gets it becomes harder to do this because swings are not predictable and big.
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Im pretty sure this new version of megaupload will become a huge sucess, and i do expect this time no one loose money, be sure this will difuse bitcoin to those people which left or had considered bitcoin a dead currencie. With that said i do expect to be able to see a bigger value and more interest and support into bitcoin community.
I don't expect a Huge success because its not something that people will fall in love in the first time, It has been a while that it was announced about the concept but still no progress or any estimated time whrn it will be released? This may be a gamble if I can say like that. True no info but maybe it will be boom when is released or it will be approached with caution and care. In any way dont think it will me momentary big it will take some time to adjust then community in general will see is it worth the time. i don't see it becoming big at all. it may create lots of sound and become half as big megaupload was once. but in the end it is filesharing and you can not ask for money when you are sharing files specially if they are illegal pirated files that you are sharing such as a pirated movie that never works as long as there is free torrenting.
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today bitcoin is crash bitcoin price down until 811 dollar/bitcoin you can see all altcoin price incraese so bitcoin price always corelation altcoin price
When the bitcoin is rising up , altcoins are being down when the bitcoin is decreasing , altcoins are being down. when the bitcoin is stable, altcoins are rising up. That is my thought at the present. i agree with this one. because whenever bitcoin price is volatile, it doesn't matter for the traders that it is going up or going down, the volatility is the only thing they need to make profit so they go to bitcoin market to make profit and altcoin market crashes hard. also you should remember that to all these things that we say there is always an exception.
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Im looking to invest all my money on another crypto coin Do you guys have that can compete with bitcoin really? Might buy 100 units of it.
i am also looking for one, if you found it give me call. so far the 2016 bitcoin replacement was Ethereum, i don't remember the coin that was suppose to replace bitcoin in 2015 but i am certainly waiting to see which one is going to be the 2017 altcoin to take the place of eth and claim to be replacing bitcoin. these coins are always good for a nice short term profit of more than 100%
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i wish people stopped reading all the comments on the social media and panic after reading it and started reading the real news and think for themselves. i mean it is too easy to find the real news and use the google translator for find out what the real thing is but they keep reading and spreading the false thing.
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Many people count investment in bitcoin risky. But I think it's just because of people don't understand bitcoin mostly. One of the most serious problems for any new technology, in addition to ridicule from market participants, it attempts to compare it with something already known, with any starting point. An obvious example is Fiat currency, modern banking system and the process of working Bank accounts. Those people who understand bitcoin and the way it works already invested in it and taking the profit from that.
there is always a certain amount of risk, it may not be that much but it is always going to be there. and the fact that bitcoin is a new technology is the main reason for that risk. but important thing to consider when talking about risks is the relationship between all these risks with the possible rewards. and it is true about any investment. for bitcoin the rewards are 100 times more than the risks, that is why bitcoin investment is a good thing.
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Scenario 1: Bitcoin price will follow the pattern established in 2014 thru 2015. The pattern was a long decline from $1000 level to $200 level. Bitcoin lost over 80% of its value. This will mean we will see a steady but small declines over the next 2 years to $200 level.
this simply can not happen for a simple reason: the 2014+ drop was because price went up from a small price (i think it was 50-100 USD) to $1200 in a short time the similar thing is the rise from $780 to $1150 in the last couple of weeks so the drop must also be to the last resistance not a price that existed some day! Scenario 2: Bitcoin price will not follow the pattern. Instead, we will see bitcoin firming at around $800 and then continue to rise in 2017.
What other scenarios do you see in 2017 and beyond?
this is more possible. but i think it is possible to see so many FUD these days, and it has already started, they create panic and then the whales also dump on exchanges to increase panic to buy cheaper coins we may see another sharp drop and then jump back. similar to the the 10 minute $850 yesterday.
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in my opinion i will choose ethereum, zcash, and litecoin
zcash is already half dead and ethereum is a zombie being pumped. the only remaining option is litecoin and not because it is a good coin but only because it belongs to Chinese and they love it. and you are forgetting about coins with something to offer like monero and iconomi
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Kwukduck you have always been wrong. And you sold your coins for just $10 lol.
to say "always" is an under-statement about kwukduck's topics. according to him price should have crashed to $100 at least 50 times ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Competition from Alternative coins is the engine of all
If the above quote is true, then bitcoin seems to be the fuel. Without fuel the engine never functions, so without bitcoin altcoins were nothing. They just run successfully upon the technology which keeps bitcoin the leader of cryptocurrencies. So both are mutually needed for growth, still everything cannot be successful as bitcoin. there is no competition between bitcoin and altcoins, there is bitcoin and then there is altcoins and then you can even sub categorize the altcoins further into shitcoins which have no copetition at all and then there are altcoins that have the top 10 places and compete with each other but they never even come close to competing with bitcoin!
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Dr. Wright is still the best fit so far.
haha at the time i had my suspicions about him actually being Satoshi but by passing of time and the things that i saw from him i became sure there is no way he is Satoshi or even had any kind of affiliation with bitcoin apart from investing in it. - incapable of presenting a valid signature - presenting a fake signature as proof of identity. - his debt and shady history - the fact that he claimed he will move some coins to prove identity, he never did and there was no need for moving anything when bitcoin has a sign message feature!
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OP had some small chance of getting his money back when ethereum was keeping its price up with manipulation and bitcoin price was going to the moon but now price fell and eth is cheap again. the only hope OP has is to wait and hope for a possible pump from the ethereum whales in the future.
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What will happen now that bitcoin is under 1000, will it bounce back up from 940 or will it continue to spike down? Personally I believe it will continue to spike down a bit and slowly go back up, my guess would be 850-875 and from there it will stabilize.
it is so hard to tell at this point. the newbies aka weak hands were shaken out pretty good with this panic shakeout. there is a total of 140K BTC (excluding Chinese of course) volume right now! i don't think there is anybody left to panic and push the price lower ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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However, even panic sellers can make profit. For example, those people that were using bitcoin since last year can make profit even if they did sell their coins at this dump or price correction. Simply the (natural) flow of bitcoin saves all those panic sellers. The problem with most people is that they don't know when to sell since there's not that much sign when exactly is the price going to go up/down. I hope this price correction serve as a lesson or a reminder to all of us.
someone who has bought bitcoin last year and held it until now and never sold on all those FUD and previous panics is not a panic seller dude, get your facts right. a panic seller is a newbie who bought bitcoin when price went up to $1050-$1100 and sold because price went down to $850 and now he is crying because he lost a couple of thousands of dollars. Bitcoin price movement is happening not just because of the big whales. Price movement is happening just on reaching the peak more and more started selling the bitcoin to grab the profit. This increased circulation in a short along with the big whales who suddenly make bulk movement causes the price fall. Within a short we can expect a sustained price.
an experienced trader with lots of bitcoin (a whale) knows too well not to sell a massive amount (48,000 BTC was total volume on btx) at once, he sells slowly to make the most profit on highest price. a manipulator however opens positions at low prices then dumps big amount, creates panic and gets his orders filled making 35% profit in less than an hour.
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well ethereum is not dead yet, there are too many whales with endless pockets invested in it to die! but it certainly is on the dying path. the traders mostly went out of it and there is only whales putting up walls and others dumping! and they can not make profit when others are leaving, and the would eventually give up and go to next project but it is a process that takes time while the make an exit strategy.
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