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i explained them what bitcoin is step by step in easy language. if you see they start to understand the basics you can then slowly talk to them about technical aspects.
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Thanks all you for the useful opinions, now I want to say mine: I think one time later or sooner the price will be more stable than now, and at that point the speculation 'side' will abbandon the bitcoin world and finally bitcoin can be used more as 'money' and spent to buy things. The stable price is a good thing for all who believe in this technology, but not for the speculators (this is the truth and I will be happy if someone will come here and say the contrary). However: I personally think we're seeing an accumulation phase before a trend reversal.
Do you know how much times I have read this? A lot of times  . Everytime the price is stable "we are in an accumulation phase" OMG the price will pump, but why and how? If a lot of people are in an accumulation phase then sooner they will dump their bag and the price will go down not up, or am I wrong? when bitcoin seems to be "stable" for a certain period, people start to complain and think bitcoin will fail and so on. i have read so many posts about people saying stability is one of the most important factor if we want to reach global adoption. where are these people now? they are part of the complainers when the price doesn't move. |
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people seem to make themself happy with believing history will repeat. bitcoin back then and bitcoin right now is so much different. eventually it will go up with the block halving as result. so yes, at some point this "stability" will end, and we'll move forward.
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here also the whole day slow loading pages. yeaterday it was much better. ddos protection doesn't seem to do much if it is enabled.
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227 at bitfinex and going down!!!
so? nothing interesting is happening. once it gets below $200 it will start to get interesting. nowadays people panic over a $3 drop and call it a huge crash. |
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for once i agree with op's nonsense. this time the fear is about the unknowns coming from bitcoin xt.
op grabs everything to make bitcoin look bad. he has been doing so for quite a long time now. just browse through his post history and you'll see what i mean. I never try to make bitcoin look bad. It's the community and economy that's messed up. Yes, there are several big issues with bitcoin that need to be addressed and that also cause major distress, just look at current drama over the blocksize, this is one of the bigger reasons this week is going bring us to new lows and a loooot of panic selling. The fork won't destroy bitcoin but it will bring it down on its knees and we can just hope it will be able to crawl back up again. you're not trying to make bitcoin look bad? look into your own post history. you have been nothing but an extreme bearish person. |
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I invest in coin ICO sometimes it makes me gain a lot and very fast but sometimes can also be a scammer
altcoin ipo's and ico's are 98% of the times scams. buying into such crap might give you a lot profit in 10% of the cases, but they mostly ends in huge losses for the buyers. |
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for once i agree with op's nonsense. this time the fear is about the unknowns coming from bitcoin xt.
op grabs everything to make bitcoin look bad. he has been doing so for quite a long time now. just browse through his post history and you'll see what i mean. |
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don't think anything will change this year. we might start seeing signs of life in 2016 as the blockhalving then comes closer and closer. how much mtgox coins will be released to users if ever? don't think many will sell them directly.
will block halving actually have an impact on the bitcoin price? why should it? or you mean more people will think that price will grow and they will buy? the reason is obvious, miners mine less coins(50% less)--->less dumping on the market(if we assume that right now there is a 50% it still mean 900 less coins dumped each day) ---> less sell pressure ----> price increase the problem is that there has to be new money comming into bitcoin. if this isn't the case then the price will fall back after the halving and we will face the same situation as we have now. |
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they could. people have shown to bring down multi billion dollar companies just because of certain disagreements. i definitely hope it will cool down and the devs focus on what is the best for bitcoin and not for their egos.
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none of the signature campaigns these days are giving bitcoins to newbies
may I know the reason why ??
not true there are at least two that i know, 777coin(0.000045) and 64block(0.00005) in any case reaching a better rank isn't so far away for you, you just need 1 month and you are good to go 1 month is a lot time for them. they want free coins, and they want it now. there is a huge influx of brandnew users with their first post being 'how to earn btc fast' |
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Most people expect the price of Bitcoin to go up.
I used to think that as well but I am not so sure now.
Halving just change the monetary supply. If the market has the same amount of money flowing into BTC, then the price will rise. at this point there isn't much new money flowing into bitcoin. it's money that was already in the bitcoin economy. which is also one of the reasons bitcoin is hardly moving. |
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don't think anything will change this year. we might start seeing signs of life in 2016 as the blockhalving then comes closer and closer. how much mtgox coins will be released to users if ever? don't think many will sell them directly.
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price will go up at the beginning for obvious reasons. but beside that i don't think much will happen without significant good news. it will make people hoard for a short time.
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people are soo focused on the price swings that they completely go into panic mode when the price doesn't move. relax. price will move once there is reason for it to move.
and what can you call a reason for it to move? interest in bitcoin is growing and growing but its price is the same or falls traders are waiting for real news. something like seeing bitcoin being tradable at wallstreet. or amazon accepting bitcoin directly. most money is being invested in startups. not in bitcoin itself. |
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I am considering stagnant situation a good thing for bitcoin since it helps bitcoin grows more in the long-term and more people come to bitcoin era.
I dont think that stagnant situation is a good thing for bitcoin in this time, because with the stagnant we can't even do anything with our bitcoin and the price wont raise to high so people wont got any profit from it. May be for some newbie they have a chance to buying in low but for higher member I dont think they will happy with all of that what a mentality. you can do everything you want with bitcoin at current price. the stagnation doesn't change anything. so you are only willing to use your coins if the price will sky rocket... |
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people are soo focused on the price swings that they completely go into panic mode when the price doesn't move. relax. price will move once there is reason for it to move.
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In general these types of posts are better fit for the speculation sub-thread for future reference.
In response to your price predictions I highly highly doubt bitcoin price will be stable for 2 years. It'll either be worth a LOT more or go down to near $0.
down to near $0? since you're a high ranked hero member you must know that this isn't possible within a few years. it may go down, but nothing like you say. |
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4 addresses where you have 2 btc each. having more than 4 wallets just adds clutter. 4 wallets is more than good enough to save your coins.
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can't see this having any impact on the price. the market shows zero impact as you can see. it's quite sad news for the dude himself.
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