This climb isn't fast in comparison to what I'm used too, but maybe that is because I'm watching the charts more. But honestly Bitcoin breaking $1,000 is really possible in a month. The fact it has held its ground at these prices aside from the China scare is very promising. I do wish the Segwit/Scaling thing was resolved, as I feel that is where a lot of uncertainty lies. Get Segwit [or any scaling solution!] and we will see the market choose a direction.
It really has been a steady rise now. And if the trends continues, in a week or two we will be at 1000$. When we reach that price, we might see some people dumping their coins again. That will be the real test. Hopefully the dump will not be that large to pull the price back down. I really wanted to see 1000$ as our support. |
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Let us see if this price hike can sustain itself. If it holds in this level, maybe we will reach 1000$ within this month. It has been slowly going up since it dropped to 735. The growth is slow but it is moving up steadily. I hope there is no large dumps if ever we reach 1000$ so we can enjoy a high price.
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Just like others, my main source of bitcoin income is thru signature campaign. But I also have some alt-coins that are waiting to mature. I also do bitcoin trading, but not regularly. I just wait when bitcoin price surges and get advantage of those moments.
Other possible source of bitcoin, but I have not tried personally, are lending on lending section, lending on margin trading, investing on gambling sites. I would like to try one of these one day when I have large enough capital.
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I also saw this news yesterday. The way I see it, it is good news for bitcoin users in our country. The government is starting to notice bitcoin. And I think they are just regulating exchanges. Exchanges need to be registered as Money Transfer Business just like the pawnshops or remittance centers.
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I have been playing these games since I was a kid. These games are popular in the Philippines, even kids are playing it. I lost and won a lot of money when I was a teenager playing these games with neighbors. Luckily I stopped playing it already. It is a very addicting game.
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Payment received. Thanks!
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~snip~
This will be great. Expect me to be there. I will be particularly interested in the updates for the white paper and crowd sale. This is a great project and I know everyone is anxious to know the developments. |
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Before bitcoin I almost have no investment. It is hard to set aside a part of my salary for investing in stock or mutual funds. But when I get into bitcoin, I have extra money which I can allot for investments. My investment in stocks is slowly growing. I also do not spend all my bitcoins. I allot some as my bitcoin investment. Thru bitcoin and this forum I became financially matured. I know more now about trading, investing and managing my finances.
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That would be sports betting on basketball as well. Basketball is the most popular sports in our country and almost everybody follows basketball, either local or NBA. So it is easy to get information on the most profitable bets. Also, I enjoy gambling on live bets. Though I am not involve much in gambling lately, but I still follow it once in a while, just for entertainment or relieve of stress.
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~snip~
So, what s up? Is crypto community so weak and uninterested to make money?
Most of what we have right now are scam sites. In how I see it, legal investing firms are not going to touch bitcoin market yet. It is still too risky to open investment portfolio that involves bitcoin. Some factors that add to the risk are bitcoin volatility, legality , adoption and scalability. Unless these issues are properly addressed, we will not see any bloom in investment firms throwing their money in bitcoin. |
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Cryptos are almost like stocks and most people have no interest in learning stocks even though the stock exchange is trusted platform.
Thoughts?
Almost like stocks but not totally stocks. Crypto are currencies which can be used to purchase items. Though it can be used as a store of value, its main purpose is as a method of payment. There is always resistance to change, and people will resist that cryptocurrency is the future. Give it time, mass adoption will come. |
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Developers can be replaced. Bitcoin will continue to survive because new developers can/will be able to cover for them. But it will be a different story if a country bribes developers to do their bidding for them. If this happens and somehow it got consensus, then it might have a negative effect on bitcoin.
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these days clearly there is a big accumulation going on keeping the price at around $900-920 and whenever it goes higher they push it down.
when do you think they are going to release the breaks let the price go up again?
You will never know. It will come like a thief in the night. What you can do now is keep on accumulating your bitcoins so when the time comes the resistance is broken, you will be prepared with your bitcoins. You do not want to be the one who does not have a bitcoin to sell when the price surges. Keep on monitoring the market, it will come soon. |
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Great news. Is this the reason why we are seeing green candles lately? It seems xem is going up again after a very long time of down and side ward movements. I have very high hopes in this technology and it is starting to bear fruits now. |
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I just noticed something, when I checked the qtum google spreadsheet, why the post counting in the sheet is only updated for Legendary and Hero member, but the rest of the member from Sr. down to Member is not giving yet the update count this week comparing legendary and hero. It seems different than to what happened for last second round. This is just what I observed, maybe others also wondering.
Read the post just before yours, you'll find the answer you are looking for |
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~snip~ It is not place for talking about gambling, it is services section for qtum signature campaign and you have made wrong comments on wrong place and there are no related with topic I don't know what is going on with you but you have made good joke  sorry. posted on the wrong section. deleted it already. |
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Mine was when I was still gambling at bitvest.io. I thought I was going to be lucky so I YOLO. Actually I was a little bit lucky that day. I was able to bring my balance to 0.5 BTC. I thought I go one more time. I am on a roll so I bet one more time and alas, it dropped to zero. All my effort to bring my balance to 0.5, all lost in one click. If only I did not give in to my greed.
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Maybe they are all just resting after that roller coaster ride at end of 2016 and early january 2017. Their heart almost burst when it reached 1100+ and suddenly dropped to less than 800. The horror of 2014 crash resurfaced. Luckily it is now stable at 900+. They can rest for a while and enjoy the current price.
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Will gonna see that price once again this feb. Or maybe ath is on the way to shock us all. Bitcoin can still hold the 900$ price if this price will not change ,im pretty sure that 1000$ by feb is possible.
There is no sign for now since the price is really playing in 900 level which is still staying at $910-$940 and i think it takes a long time to see the price increase back to $1000 much more possibility for my own speculation the price could be decrease this coming february.. Where did you base your speculation that the price will go down on february? As far as I can see it, bitcoin is consolidating. It is most likely building steam to make a move upward. This may take some time but I doubt it will move downward. Maybe in two to three weeks it will start to push upward again to 1000$. |
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More important than explaining bitcoin to your brother, you should explain to him how your website will earn money. As an investor, I am sure he is keen to know if your website is feasible and profitable in the long run.
Also, 50$ is a small amount. You can easily earn it if you join a signature campaign. You can do it while you are coding your website since your expenses will only come when you set up domain amd hosting. Then the profit of your site will be all yours.
To answer your question, the bitcoin is a decentralized currency unlike fiat. Fiat value decrease everytime the government print more money, and they are printing more and more. Bitcoin does not inflate because of its finite number of bitcoins. Just like gold, it will get more valuable as more people adopt bitcoin.
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