Hello everyone,
will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?
the price went up a few bucks today, which might be due to the near launch of the gemini exchange. i hope we'll maintain the $250 level and not fall back to below $240. |
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more advertising will surely help, but just advertising won't help. educating people is more important if you ask me. if people know what bitcoin really is and how they can benefit from it, then they are more likely to use it.
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fantastic to see another large company is willing to work with bitpay to make bitcoin payments even more available. it just shows that bitcoin is a more than interesting thing for large companies.
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Faucets are the biggest waste of time ever.. If you calculate the amount you could make from faucets assuming you have perfect claim rates, you are literally better off getting a job at McDonalds.
while you say faucets are a waste of time (i agree with that) there are loads of people returning to get some satoshi's every hour or every day. but on the other hand, people from third world countries welcome every penny they can make extra, hourly or daily. |
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they haven't released an official news notification on their site yet, which is a bit weird. usually every important change will be visible on their front page.
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as long as they can increase the adoption of it and its price, i'm fine with everything
the final target is the success of bitcoin nothing else
same here. as long as we are getting forward and making profits due to a higher price, then i have nothing against the government taking bitcoin to the next level. |
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i would sell all my bitcoins if the price is either insanely high or when bitcoin is getting replaced by a better currency with far superior technology behind it.
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a licensed and regulated bitcoin exchange in the United States.
Aren't we against that? Yes, but because people are going to see a slight increase in the beginning with gemini pumping.. people really don't seem to care as long as it makes them some short profit. nothing wrong with short profits, but too many people right now are waiting for a pump. it's going to be interesting at their launch on oktober 8. i don't think much will happen with the price. maybe it will just come a bit closer to $250. |
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I don't really think the fact that gemini is coming out will cause much of a price impact. There is simply too much expectation on that from the community.
the fact that there are high expectations regarding gemini, is that it can only impact the price in a not so good way. people always tend to expect too much from things, especially in bitcoin. that way people get upset if things turn out not to be what they were hoping it to be. |
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panic is always the key factor when it comes to not so experienced traders. they are simply in bitcoin to make quick money. they only don't know how to play the market. some of them think bitcoin will end due to certain bad news articles and begin dumping all their coins.
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i find bitcointalk lately to be smoother than last months. some times pages do take longer to load, but it doesn't bother me as much as a few months back.
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Price prediction: $10.000 / btc
Date: 1/2/2016
keep dreaming. $10,000 btc won't even happen within 2020. we might be lucky if we break through the $500 level in whole 2016. |
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gemini might change the way we do trades, but it's better not to expect too much from it. it won't have a big impact on the price directly, maybe not even for the long term.
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nothing new. banks have been giving warnings about bitcoin since 2013(?), this is just another one of them.
we're used to this kind of warnings. it's not the first and definitely not the last. bitcoin is a great tool to get cash out of the country, that is something they don't like. |
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i would simply use the buy low and sell high trading method. it's simple but it may take some time to get a decent amount in return with just $150. but the result will be there.
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the biggest innovation of bitcoin is.... we as people have the control over our money back. we can send and receive money instantly all over the world 24 hours a day.
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Yes, both low volatility and high volatility will simultaneously end Bitcoin.
you are just trolling. at least give us an explanation of why you think the volatility will end bitcoin. volatility is a great thing for us as traders. |
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whoever said bitcoin will be worth $100k on one day is nothing more than a dreamer living in a fantasy world. predictions up to $5K are also high, but not that unreasonable. $100k is beyond insane.
Then you believe it is going to zero.. it is really that simple. Bitcoin becomes a store of wealth or it dies. You think BTC will be able to hold a hash rate in 12 years with the price the same and the miners all mining in the negatives... It's zero or hero that is it. no. i don't think it's going to zero. i prefer to have a realistic look at the future of bitcoin. don't you also think $100K per coin isn't way too high? my ultimate prediction for bitcoin is max $5000 per coin. |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
I'm not holding my Bitcoin for a price increase, because simply i use Bitcoin as the other currencies, as it's in fact money, so i sell and buy, i spend it usually The problem is, there aren't much bitcoin-accepting businesses available in the market right now, so I doubt that you can used bitcoins that much in transactions. Because of this, bitcoin tend to be used as an investment vehicle rather than a currency as it was intended to be. yeah, bitcoin for most people is just an investment. but you can't blame them for not spending. especially if they bought their coins when the price was above $400. they prefer to wait for an increase in order to spend or sell their coins. |
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i'm sure people who buy in now and hold it at least untill the block halving will get a very decent reward in return. the only thing you need to have is patience.
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