one of the biggies, Ebay, Amazon would be a great boost and awareness would go through the roof
i also hope amazon to accept bitcoin at some point in the future. that will be an amazing achievement if they indeed do accept bitcoin. |
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It's funny looking at the pessimistic low predictions to try to save face in case you are wrong, after the big 1K crash people has become pessimistic and highly underrate the potential growth of BTC, feels good knowing the end price will be higher than any of the predictions being made on threads such as this one.
tell me what's the point of people making unreasonable price predictions? i much rather see realistic predictions that some of you guys might even consider low while in fact it isn't. |
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You are right dude, China has an important, i would say CRUCIAL role. Check this map, most of BTC are going to Chinese users right now: http://fiatleak.com/nothing new. china is the main country at this point. we can't do much about it. i'm sure they will at some point control over 90% of the total hash power of bitcoin. |
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best tip is buy low and sell high. don't wait too long before you take profits. also not forget to keep an eye on the orderbook. but the most important thing is patience.
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Not everyone uses an online wallet, And many people love to hold the btc, Not Everyone buys gadgets etc daily so the active number would be less. Not everyone can buy coffee etc by bitcoin in there specific areas. This is not a good way to calculate the number of users imo.
there are plenty of holders, yes. people don't want to make the same mistake as they did when they sold way too cheap. we will probably never know exactly how much bitcoin users there are. |
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there is way too much selling pressure at this point to go over $300. beside that, a lot people have had plenty of time to buy coins and are waiting for the price to go up. seems everyone is waiting, sellers and buyers.
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$400 is too far away. let's first make sure we go over the $300 level and stay above it for a while before we focus on $400 and up.
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btc nomination is what most people know and use but i personally prefer btc instead of xbt. there are several companies and exchanges using xbt which i think will get more used in the future.
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who cares what bitcoin is being considered. the most important thing is how people use it. that's all that matters. naming it a currency or a technology won't make a difference.
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The crisis in Greece affect the euro very much. If the problem is not solved in near time or if Greece doesn't leave the European Union than the euro will drop. That is the reason why the union has to do something about this  the european union will do everything to keep greece inside. if that means giving them more billions that they will never get back, then they will still do it. if greece leave the euro and it turns out to be great for them, then other countries may decide to leave as well. stakes are way too high. |
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Best thing will be to combine both of them , saving and investing but you need some analysis to make the best decision.
analysis always say that investing is much far better than saving money. At the current rate of inflation you will be burning your money by saving it at home or in the banks. But saving money in Bitcoin is saving after all. Or savings are only if you hold the money in fiat? Does holding money in Gold and or Bitcoin become an investment or is considered saving? This is actually a good question. For me saving is storing money and holding it whatever the form of money, so fiat, metals, bitcoin, it's all different types of money and buying and holding is basically saving. holding bitcoin is saving and also an investment. you get best of both in one package. but for most people just holding bitcoin is too boring so they look out to find ways to invest their coins into something risky to get high rewards. |
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In case you've not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.
i love how you are trying to make everything around bitcoin look bad. it's a day job for you isn't it? my guess is that we'll see the price go to around $400 by then. not much higher. |
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my vote goes to $300-$310 as that doesn't sound that unreasonable, but the other option of price going down is also possible. i think a rise to over or near $300 is more likely.
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I don't think bitcoin is the technology that will reshape the future, but the blockchain tech might. It has the potential of completely change the scenario of modern society.
Agree. BTC has some fundamental flaws, that won’t let in become the “best” untill they are solved. it definitely has the potential to shape the financial sector. bitcoin is open source which makes it perfectly fine to insert changes needed to make it more user friendly and future proof. |
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The Bitcoin price has been reversing its descending path on to an upward trend. Trading looks good.
Considering the halving is going to happen in early January, do you believe Bitcoin can hit $600 before December?
blockhalving will roughly happen in late juli 2016. that's nowhere near january as you say. beside that, i think $600 is too high. my guess is more between $400-$500. |
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and with sidechain linked to hard asset (bitcoin address) ... banks will not able to shit the "stress test".  that's why i talk about fondamental restored ... everyone keeps talking about the side chain.. can you explain where I can find this sidechain? is it a option of some sort on the blockchain or bitcoin wallet im not looking at? or is this something discussed being built? you can't find it because it doesn't exist. sidechains are a great addition to bitcoin if done right. but i still need to see one working properly together with bitcoin. |
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It may be a good time to invest in NBG, it has never been this low. It's really a 50/50 situation. If the Troika doesnt let Greece fall, whoever investing on NBG now will get pretty good returns, the problem is if the Greexit actually happens and your investment goes literally to 0. If you have something like 1K dollars lying around that you dont know where to put and you are already on Bitcoin, maybe a gamble with this may be a good investment if Greece recovers in the next 5 to 10 years.
Just don't. Don't throw money into a disaster hoping that someone else temporarily patches things up for you so you can sell at a profit. On the other hand, if you think that certain Greek companies are a good deal at these prices go ahead. Well the question would come down to is would let every other euro nation that lend greece money let it fail as a country? i mean their debt is effected their euro so wouldnt they eventually come to an cheaper solution to get some money back then none at all? 303.92 billion euros of debt. I really doubt that the other nations would lend any more money. I just read a recent article that greece actually needs. Greece needs €95 billion in debt relief to avoid permanent depression — twice as much as the IMF says.. So they about get a depression alright, cause what country would lend 95 billion... they will continue to lend greece billions and make fake promises that the tax payer will not lose out because greece will pay back every cent!!! what clown is still believing this crap. let greece fall, we won't see our money back, ever! |
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btc-e orderbook is very thin. a few wealthy traders can manipulate the price the way they want. but i find btc-e price often more realistic than other exchanges.
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some times people by mistake set a certain delay which might be a reason of why the coins didn't show up yet. but that might not be the case if you got phished via tor.
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as mentioned above, i have heard of people able to push up the price with their own btc stash, any clue how to do this and how much capital you would need
If you dream of becoming a whale, I recommend you to go to UniCoin. This coin has 1 BTC marketcap. If you invest 0.2 BTC in this coin, be sure you`ll become a mega whale  Daily trading volume is also involved in choosing an altcoin and not just market cap. If a coin have daily trading volume less than 0.1btc then it is a dead coin. being a wannabe whale of some sort of worthless altcoin won't do much for you. coins with a market cap of 1 btc are left for dead. |
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