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i'm nearly sure he know more about satoshi than we think. but it's limited to not knowing who satoshi is in real life. don't think anyone know who he is in real life. it's purely internet communication.
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it's not really a crash. some one cashed out his coins or simply wanted to cause panic sellers to sell it down. i think it won't go below $260 on the major exchanges. btc-e is always lower.
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annnnd the dump happened  Yeah and now i dont hear who very confident said price will up because we near to halving and i sure you never see price drop sub 270  these dumps can happen. i'm still not sure why they dumped but it could also be to trigger panic sellers. there isn't any news so far. |
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those who do not buy right now will regret it once the bitcoin price goes back up again. i bought some and i'm happy to get this chance.
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it was a combination of several things that i bought from dinodirect with bitcoin being worth nearly $250 more than a month ago.
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not that hard to say that $260 has a good chance of being the bottom. no reason to go below that level as there isn't anything that happened.
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lol, you are waiting all day for something like this to happen and then open a thread saying dumping started. nothing happened.
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Not a fun day for bulls :/
why? just because the dump a few minutes ago? this might be a good opportunity to buy some coins if you haven't already. buy when it goes down.  |
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We can not all guaranteed the bitcoin will last forever..
but as long as we can use it and you are willing to gamble for profit..
we should stop our doubt about the negative thing that might happen..
everything in life gets replaced with something better. the great thing of bitcoin is its open source nature. bitcoin doesn't need and probably won't get replaced as the devs will do (i hope) everything to improve it to make it future proof. |
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There will only ever be 21 million, and I can personally attest that bitcoin priced below $100 triggers in many a buying frenzy. Bitcoin priced below $50 triggers a ravenous feeding frenzy. Bitcoin below $10 is an absolute impossibility unworthy of serious consideration.
How people can worry that bitcoin will ever be "free" I cannot comprehend. It need not even get close before me and millions of likeminded gorge ourselves on cheap bitcoin.
If price is a play on deviations between supply and demand, it follows that for bitcoin to fall to "free" the demand for bitcoin would have to also fall to zero.
Today 25 bitcoins are created every 10 minutes!!! In 2016 that is halved to 12.5! In 2020 only 6.25. In 2024 only 3.125. ad infinitum. There are more bitcoins currently in circulation compared to the demand for bitcoin to justify prices above what it is currently in stable formation. But there are not enough coins for every one in the world. Not everybody is going to get a bitcoin. Most will never see .1 BTC. This is the reality.
The current tiny fraction of humanity that holds and buys and spends bitcoin is enough demand to justify a price of $250 per coin while 25 bitcoins are generated every 10 minutes. What price will be justified when more people want bitcoins and less bitcoins are being generated?
if we at some point within a certain amount of years manage to nearly double the amount of users with just 12.5btc per block being generated, i think $1000-$1500 is fair. if we manage to double the amount of users of course. |
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why are there so many predictions way too high... op, if you really believe it will reach $25k in 2016 then go all in right now. easy profit |
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i use the blockchain.info wallet for nearly 6 months now, and i have to say it's much better than the other wallets i have tried. blockchain.info wallet gives me a good secure feeling which i didn't had with other wallets. but never keep all your coins online. just keep small amounts in it like you would with your physical wallet.
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if bitcoin was stable I would say 50% of the total holdings in bitcoin would be a good option. currently i don't think having more than 10% of your total holdings in bitcoin is a wise move as the volatility is too heavy.
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keep dreaming that prediction is beyond insane and will never happen. from where do you expect the money to come from to make the price reach $5 million? |
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so many people seem to have very unreasonable high price predictions due to the halving next year. demand must be there to go up significantly.
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Bitcoin in the next five years. It may become the mainstream payment method. But to turn into that ,bitcoin needs to make itself familiar to the large section of the population. Take for instance , credit/debit cards. People are familiar with it ,which is why they put their faith into it. Bitcoin needs to remove the mysterious air around it. Only then i believe it can grow and develop.
don't think bitcoin will lose the mysterious for quite a long time as people who do find it mysterious don't know what bitcoin is. it doesn't cost a whole lot time to get to know bitcoin. but they must be willing to do so. |
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third world countries really need something like bitcoin. it would be a logical step for them to adopt bitcoin as it is basically a bank in your pocket without the need to open a bank account.
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You are doing good in math  . But from what I saw that the usage of bitcoin is much better and much efficient compared to gold. Why? Because most of people know bitcoin, I didnt say that gold is unknown but the purpose of bitcoin and gold is different, gold is purely as investment, you can't do nothing with it except you sell all of your gold to get your fiat, but with bitcoin you can do a lot of things like invest, gambling, trading and you can also buy things with bitcoin too so it is much easy to use. So bitcoin is much better in every aspect compare to gold Most people like me are more concerned with its value than the functions, so although we cant do anything with our gold beside buy-sell thing, atleast its value is higher and we can make better profit from it. If we want to do gambling or buy any stuff, then exchange it to fiat. it's a personal preference for most people at the end. bitcoin has way more possibilities and has also way more room for price growth. |
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They certainly won't get it. Greece has been a money sink for years, and is more of a burden on the EU than a helper, even when its economy was better. I'm not sure if I buy into this "permanent depression" buisness thought, I've always been under the impression that things can get at least slightly better.
greece is and will always be a money sink. tax payers are always the victim of the billions that the european union pump into greece. let greece fall, it will hurt at the beginning, but later were better off. |
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Bitcoin needs 1mil of new users... That's all  that would be nice but it really depends on the type of new users. if they all are broke and constantly farming faucets for lame rewards then it won't do much. |
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