Richard Branson is a very ambitious person, he would not just want to disrupt the main financial businesses.... he will go for the whole thing.
I expect a total NEW Alt coin, with all the shortcomings of Bitcoin addressed. It will have a funky name. "FUCOIN"
Whatever it will be, it would be disruptive in nature, but it would adhere to the laws and regulations of most countries, to make adoption easier for governments. {Something like Ripple}
why everyone should make his own new altcoin, just improve and help bitcoin, no need to throw other garbage coin, and hoping to become rich quickly like all the users on the altcoin section Branson and company, should definitely help the bitcoin price with all the money he has, no not for let people like me dumping at the current price, but for not let the btc die... branson is a business man. he is not willing to use his wealth to make the price go up so others can dump. that's definitely what will happen, he knows that. |
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great documentary. i have seen it now for the second time. it's still weird to look at mark karpeles knowing what he have done. i hope they will make a part 2 with recent footage.
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Most of the fiat volume is built from coin payment processors like bitpay,coinbase etc. The services like microsoft, dell or overstock auto dump the bitcoin for fiat.
And this has me wondering why any retailer would want to accept bitcoin. It's harder for the consumer and it's an extra, unnecessary step for the retailer. The only real reason I like the idea of bitcoin is that it's a worldwide currency that transcends political borders. On the other hand, I never buy anything from overseas anyway, nor would I trust an individual in another US state, much less another country, with my money! It costs them nothing extra, no charge backs or fraud, gets a wee boost in publicity and milks the occasional early adopter. There are also people who are committed to using it for ideological reasons. It's a piddly market no doubt, but there's no risk for them. They also get the money a whole load faster from Bitpay than from a credit card company. Part of the problem is that it's absolutely wonderful for merchants but there's no incentive for their customers. They'll have to address that if they want it to grow. The businesses also save money accepting bitcoin versus a credit card, because credit cards charge the business fees whenever someone makes a purchase with their card. retailers are crazy not to accept bitcoin as payment option. the lack of knowledge is an important reason for why they still not accept it. if more know how it works and what the benefits are, then they will show support. |
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if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.
Well, at some point the price will have gone so low that the underlying economy may take a hit that is too big to maybe ever recover from it. At some point too many people will have lost hope and abandon Bitcoin for good. We're not at this point yet, but if it goes into the double digits, things might get pretty dangerous rather quickly! Let's hope that it doesn't ever comes that far! from this point the price will surely go up. it still might dip below $200 but with the halving in sight bitcoin looks very solid as investment. what happens after that comes later. |
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@eddy937 thanks for posting these prices. damn. a $1 investment in 2009 would be worth +$1.5million at the peak. that's just insane if you think about that.
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Definitely it would be a great deal if BTC is $100 I would love to go for more BTC's in my wallet But i don't think its possible i bought it for $350 i guess and would love to buy more if its get lower down to $100 but practically i don't think its possible. It's like dreaming with open eyes.
you're right there. but there are people hopelessly waiting for that number to come in order to buy. such people always miss the high speed train. |
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MAID is a good bet, once the ongoing correction ends, because the 10K support is not going to be beaten for now.
What is so special about MAID? the special thing about maid is that after the ipo the devs bought themself a few bentleys. altcoin investments are never a good idea. don't get burned. |
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you should buy bitcoin for that amount right now! and ask your friend that have $2000 USD to buy bitcoin too , so we will see bitcoin to the moon again  making other people buy lots of coins to make bitcoin go to the moon so you can sell your coins, right?  current price makes bitcoin a great investment. |
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This thread is bullish for sure!  Thanks OP for the push I needed. Just becasue there are a lot of bulls on here, doesn't make any of them right. BTC seems to have very weak support, even at this level. I for sure am holding off until $150 or even double digits hit. Weak? It must be what one has seen so far. When I got here it was WEAK. A pizza was 10,00 BTC. There were so few users that you knew about all of them. There were no exchanges, stores, hardware. When I look around now it's shocking how much adoption has taken place, truly shocking. Bitcoin is now a global phenomenon and grows every day. I now can buy ANYTHING I want with bitcoin and even have the luxury of comparing prices at different stores. There is no stopping the train now. as an early bird are you the lucky one that didn't sell his coins from a few years back? bitcoin at this point is strong but people think otherwise as they only look at the price. |
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The alt threads are full of people looking for the next Bitcoin and developers trying to create the next bitcoin. Why are so many people looking for the next Bitcoin? What's wrong with the one we have now?
They probably can't afford to buy bitcoin at the current price & want some cheap, nasty altcoin to be the next big thing (which it clearly won't). at this point the next altcoin doesn't stand a chance. even if it offers really solid features. people and investors are only interested in bitcoin. |
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There will be no "confirmation" for an ending bearmarket for a long time. Instead the sword of Damocles will be omnipresent. At these market stages (no mass-adoption) pseudo-"stability" can be wittnessed.
bear market will always exist. even when the price is $2000. you will see bears yelling.'bitcoin soon $1000, sell while you still can' this will never change. |
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IMO just wait & don't sell it yet. I still believe it can raise and don't lost our trust on bitcoin. I have about BTC 1 , for now I will keep hold it until I found the right time to sell it Every day that you don't get in the market since we went sub 300 USD is taking a risk. The rally will happen when least expected, and if your orders aren't meet before that happens you'll regret for life.
Traders who have no experience at all will start with buying once they see the price is rising. Mostly it's already too late then. That's why they say "Always when I buy, Bitcoin is going down"With that mindset mostly bitcoin price will start crack up ? or it still depend on supply and demand? Yes and distribution and inflation are getting better by the day. 2016 will be big. what makes you think 2016 will be big? block halving? it might end up in a dissapointment as the price won't go up as much as people were hoping for. |
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it's quite a personal preference. non asian exchanges have pretty steep fees if your trade volume is lower than a certain amount. if you're asian then join okcoin or huobi as they don't have fees.
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what a contrast. some people here are very loud about being a bear and some very loud about being a bull. what makes you so confident op?
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who cares. even if he is, he won't admit it. people here have too much free time. what i am interested in is that the developers bring bitcoin to the next level.
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it's quite a miracle that such thing as the blockchain is never ever mentioned before satoshi. i think within 10 years there will be a bank really using it.
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if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.
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these threads are becomming quite boring nowadays. there are way too many of them. if you think bitcoin is no good then stay away and don't come back.
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for once btc-e was the leader in volume and price. great day for the owners as the volume was much higher than normal. they made a nice amount.
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I think, someone with much money AND much BTC wanted the BTC price to rise. So how he can try this without paying too much? Right, try to pump the price on a trusted exchange with the lowest volume, BTC-E
don't think so as a smart trader knows it will get dumped down directly. they are not trading to lose money. traders on other exchanges don't follow btc-e. most people look at bitfinex or bitstamp. |
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