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Holding now if the price goes double digits: Can take that.
Selling now and the price going 5 digits in 10 years: Guaranteed suicide.
Choose your poison buddies.
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...
Anyway, OP is running out of time, unless someone wants to dump a couple million dollars before 48 hours lol.
Highly improbable. Someone who would do this is either plainly dumb or stupid. $160 is kinda far as of the current times. Support is still holding on. A single whale wouldn't be enough to crush the actual buy supports on that area. It would take several whales and panic sellers following in. |
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I think that BTC will reach again 400$+ within the end of the year but now it isn't possible to see this price because there isn't many liquidity in the market.
Bitcoin has the potential and there a people - winklevii- that can blow it up with interest coming in from NY. However with the etf a seemingly long way away i would expect prices to hold around $2xx, with sideways action as usual  It will be really slow for the rest of the year, a slow way up, then a big rally. I would say they need to hurry with the ETF but better be late and doing it right. |
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I see a lot of chaos there, for example those who think that Switzerland and UK are part of the Eurozone... Really? By the way probably EUR won't drop below USD and the Eurozone won't collapse after a hypothetical Grexit, just because Greece is too small. Actually the only downside of a Grexit and the consequent bankruptcy is the public exposure of Germany (65bln€), France (49bln€) and Italy (43bln€). As you can see here: Eurozone countries exposures to Greece - 2011 vs 2014. But that's not a really big deal actually. if greece leaves the eurozone will collapse, italy, spain, and why would germany still want to stay in? ... That's not the case, as an italian guy i am 100% sure that we will stay in the eurozone with or without Greece. If you ask me, France is the biggest problem for the Eurozone, not economically (at least not right now), but politically, but that's another story. By the way I already said that a Grexit is not a big deal, greek economy is just too small, not a big player and however we can't even tell if a Grexit is likely to happen or not, so right now the Eurozone is safe. All these countries would be better outside (basically all south europe). The very best thing for a Failed Bank to do-- is FAIL! Sadly, it seems the system is set up so that the Failed Banks can only be FAILED. Time to make that happen. Time for the Banks to be left empty, smoldering shells. People down there, have already suffered, and paid enough at their expense. |
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There have been enough computer scientists and researchers that have looked over Bitcoin's theory and cryptography and code in the past 6 years. If it was a problem they would've said something already :-)
There's nothing to "crack" about the BTC code... again, at the end of the day it all comes down to cracking the cryptographic algorithm which is simply ridiculous. If someone cracked SHA256, it would be a global catastrophe, since endless security is based around SHA256. I don't see him mentioning anything about cracking the BTC code, and your answer is very incorrect. SHA256 can be fine as an algorithm, and secp256k1 can be fine as a curve, but Bitcoin's implementation of both of those could be flawed. Let's not forget that someone did legitimately create 184 billion Bitcoin in a single block in 2010, and the network had to be patched (resulting in a short-lived fork). The Bitcoin wiki has a good article covering OP's concerns: https://en.bitcoin.it/wiki/WeaknessesTrue, I think everyone knows the 184 billion BTC incident, but those were the super early days. At this point, all those sorts of problems have been patched. |
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Great movie, im waiting for the release date.
Anyway, there will always be a next DPR/Variety Jones after the current gets busted. Silk Road ad infitnium, it will just keep happening.
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According to the alltime EW chart we would either be at wave A, ending with double digits or the beginning of wave 5 going up uP UP.
Double digits? There will be a lot of people willing to jump in once Bitcoin goes below $200.  Same was said at numerous points over the last year. The first time breaking a psychological barrier, it is bought up quickly, but the 2nd or third time, especially if it is driven down very deep into that next range, makes it harder, less likely and more risky to happen. .... Everyone jumped at the chance to buy sub $300 when that psychological barrier as broken, but people don't seem too keen to buy now it down to $235. A similar scenario could arise if the double digits psychological barrier is broken. Eveyone knows BTC will play a major role in the future at several key levels (social, technological and economical). So lower prices are only bigger opportunities for whales to take advantage of those that keep waiting forever for that "perfect buying price" that never seems to arrive. |
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 A lot of people, me included, are saying that BTC is trending down and will crash. But try reversing that chart... It looks more flat to me. I expected it to look like it was trending up after reversing it. Thoughts? Only people that already sold think BTC will crash just to save face in case it actually happens. But the thing is, no, BTC will not crash, we'll have an slow ass uptrend until a random day the rally beggins. |
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Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
How many would you say you say it's require to retire in 20 years then? I also like the idea of having 21 Bitcoin, since only max 1 million people will have 21 Bitcoins, but given BTCs arent distributed evenly it will be even harder to be part of the almighty 21 Group. |
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If it was me, I'd save about 50%, invest 25% in Bitcoin, and invest 25% in Gold. This is because the 50% you save would be 'safe', but the investment has the potential to grow, or not do so well.
50% is too high given the riskiness of Bitcoin. Most planners recommend 0.5-1% in bitcoins. It depends on your personal situation. As a family man yes, you want to avoid putting much of your portfolio in Bitcoin. As a college guy living with his parents... I would say go apeshit and go 50%+. No risk no big wins. |
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Of course, it is often suggested that the creation of robots will create more high-tech jobs for skilled professionals. That is probably true in the shorter-term until inevitably robots begin to manufacture robots, then shit hits the fan at a whole new level.
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I think the exchange called Multisigna does exactly that, and Coinffeine should be similar as well.
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I heard it many times.., but still waiting and keep waiting for it...  They made an advertisement months ago and they mentioned Bitcoin on it, so it has been in the works for at least 1+years. Once I say "pay with BTC" in every ebay product, then I will call it a massive success. |
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soon no, though that might depend on your definition of soon  will become 21 million . No, but close enough for most purposes. In fact, if we're putting block 2,100,000 as being close enough (~20979500 BTC supply and already past the knee of the controlled supply), that's still not estimated to be somewhere between the years 2040 and 2050. Keep in mind that only shows a current view on a slightly misleading scale. See the full scale: https://blockchain.info/charts/total-bitcoins?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=Notice the corner at around 10,000,000? That's where the reward was halved. Reward halving is why the first 10M took 'only' ~4 years, while the next 10M will take ~14 years. You're basically looking at only the green part of this curve:  Lol, there is always THAT GUY that has to explain how there isn't exactly 21 million coins going to be generated in total |
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Probably a hype job to boost stocks related to that Dr/someone related to him. I totally do not buy this crap.
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They've been going on for what seems forever now. This subject has reached a point that it only leaves me with an headache and wanting go out for a relaxing walk as I soak some sun.
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1) I started with mining altcoins.. then exchanged them for BTC.
2) I never mined BTC, only buy them monthly. Unfortunately mining is not affordable business for me.
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Damnit that sucks if that happens. Thats why BTC is better (no one can freeze your account)
Only who have the private keys can "freeze" it, how? By forgot the private key itself . If we are thinking that bitcoin can replace (kill) the actual economic system based with intermediary (banks) we should also think how to teach who don't have any knowledge on how to use a PC/device and related wallet/client. PS: remember who owns the private key owns the bitcoin! Thats why if you have your coins in an exchange, you don't own the bitcoin, they do... something that a lot of people seem to forget. Unfortuantely tho, leaving your BTC in an exchange is the only way to benefit from quick pumps, otherwise you miss the opportunity since it takes too long to deposit BTC. |
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Unfortunately, I dont think we'll ever see North Korea accepting BTC. To think all of those poor people will die without even knowing that cryptocurrencies are, among a lot of other things. Its pretty depressing.
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Already happened at least once recently with mobile phones. Land lines were leapfrogged. It takes some education or savvy to use Bitcoin will be interesting to see how this develops.
Yeah as far as I know there was an option already to use the blockchain throught SMS messages, this is pretty huge and benefits tons of less fortunate than us people out there. |
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