I hope halvening will pump the price up..This is just the beginning of the ride so there is no need to panic..The market price is just showing its fluctual nature..
It will of course pump the price up, but we will surely see a panic sell which happened in after that pump. Many whales are ready with their stops to get out with huge profits, you guys don't even know.
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It is not the right time to sell it, just wait and hold like everyone is doing. People who did not get early have a chance to get out with good profits this time.
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You just need the hold on other's mind by saying that this currency is people's currency, it is a global currency having no government control upon it, and it has fantabulous features attached to it including security, fee, sending smoothly, etc.
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Holding and saving it till it reaches my goal and that's $50000. I will not sell unless I see this price, I know I have a long way to go, but I have patience and can wait.
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;)If technical analysis has meaning next level should be about $ 960.
Yeah right. And if it crosses 1000, we might see a rally towards 1500 too. Value is by far the best considering halving effects, and it will increase more.
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I've been waiting for this rally for 2 years. Thank god I still have my stash from the old times. We were chanting HODL back then and now turns out it has been the most profitable trading strategy of them all (also considering the low risk that comes with hodling). Did you buy bitcoins when it went up 1000? I think this is why you are happy a lot. Good luck with your profits, hope you see the greens you are expecting.
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People here talk about such numbers like these values don't even have values. They say 560k in 14 months like they are talking just 560. Predictions should have a base, and not stupid assumptions.
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Yes, it will be, because talks have been going on to be ready for a huge pump. But remember, what goes up, comes down in no time. So, just play safe and don't get trapped in their dump.
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I like hodling to sell, I don't like shopping too much. Selling and getting some profit and reinvesting is a better way to grow our coins more, so that money might get used to shop in fiat.
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btc holder gained 70% from $430 in few weeks, you can not do that with bank
Mhmmm. But every situation has two sides, you are seeing the bullish side, just think what would have happened markets would have gone the wrong way? Profits are not guaranteed always, they were just lucky this time as many got a chance to get out of bitcoins at rates they bought them at. I am talking about those who got trapped in the 1000 Dollar Pump.
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As and when we are in talks of a new ATH, then we are definitely going to see more than >1200, so it is possibly of course that we could even see 1500 range, and may be even double of that.
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Like most people, I would suggest the same thing to not go with casinos and just invest your money in bitcoins, or if you already have it, trade them and you will make better profits than investing in casinos.
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Price seems to have quadrupled since we were in talks of halving, as the price was dumped till 200 and was playing there only. We are currently into 800s and heading towards 1000, but I don't know where it will take us in the end, as halving has not taken place yet.
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Actually you should sell all your bitcoins so you can buy shitcoins. Shitcoins are the future
Which shitcoin are you talking about? ETH? or DAO? These coins are not promising and will not work after a period of time, while we have been into bitcoins since at least 3 years after that huge spike, and it is still giving profits, would you still say shitcoins are futuristic coins?
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The amount of transactions will then be large, plus the increased in Bitcoin value, the transaction fee itself will then be sufficient to cover the cost and profit for mining. All factors have been considered and in an equilibrium. The only thing that will kill Bitcoin is the lack of users and a decrease network size.
Userbase is a completely different thing, as it depends on adoption, and today many people know about it, and will possibly get into this seeing how promising this currency is. About the network, if you think fee will cover the cost and mining will still be profitable, then why do you say that the network size will be decreased?
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Filtering ETH out of bitcoins takes ETH nowhere, but it also doesn't matter into bitcoins as both are on different paths. ETH was hacked or not, but dumped, bitcoins are being pumped and will get dumped after halving, that's the only truth.
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800 is the safest point currently in my eyes, and anything above that is pure pump. So, I am in with 800 bucks.
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The thing is, will it exist till then? If it does, then I think no one can beat it rising above 10000, as we will see it there in 2020 if that halving takes place again before all coins mined.
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If everyone stops mining the blockchain will stop, transactions won't confirm and no more blocks will be generated, however the chance of that happening is really small. I think once mining becomes inprofitable for miner (due to lowered block reward or other things) they will stop mining, the consequence of that is of course that the difficulty will lower dramatically so it will be profitable again, in the end it will always be profitable for someone (probably the ones with cheap electricity or cheap equipment).
But why would someone mine knowing the fact that they will just get few pennies for their work? Even with cheapest electricity possible, you won't break even your costs with that small transaction fee when mining will end up after all coins mined. One more question: Will developers decide to increase the number of bitcoins if this happens? Is it in their hands? If this takes place, will the price remain the same?
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Ofcourse it wont hold for a long time. The value is always changing. But you never know what is gonna happen. If it going to rise or fall. We all hope that it will rise in the future, so we can sell it with a lot of profit. But we have the risk that you can also lose money if it is going to fall.
Currently, it is just going to rise. The only reason for it to remain above 700 is halving, and you will see something big whether up or down, before this happens.
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