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I hold, buy and try to find always new ways to have more of or from it for several reasons. First because believe that in the future could have a high value (hope very high). So can have big profits.
Secondly is a product that attract me as an invention. In other words like to have something totally new and totally unique.
Then I use it to invest. I invest it in several ways and in several websites (in order to spread the risk of investment) to have more bitcoin (so as bitcoin) but even to have other products which can be bought only with bitcoin. Such products are mainly other cryptos and some of those can have brilliant future according to me. So use it to buy those (otherwise cannot be possible).
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This is a big news. From those with big "B" ahead of word "big". Maybe even more. Deserve to be made all the letters with big letters. If bitcoin "conquers" Hollywood would be a tremendous increase of its known and spread. In the article are given some examples about the impact of various movies in the increase of the popularity of the subjects they have treated. If we bring in mind the mysteriousness which accompanied bitcoin (the disappearance of its inventor) or its various sufferings since its born and being unique or the first of its kind, the curiosity to know or have it will be really immense. Here what is given at the article:
The first documentary related to personal computers and the Internet is called Terminal Madness (1980), the same year the VIC-20 sold more than a million units.
The Google Boys was released in 2004. That same year, on August 18, Google listed its stock on Wall Street with an initial public offering of 19,605,052 Class A shares.
The Social Network, the well known movie about Facebook, came out in 2010 when this social website had the global attention of 500,000,000 active users. The film also won the "Hollywood Ensemble Award" from the Hollywood Film Awards.
But the very achievement of bitcoin would be only if the big names of Hollywood will be interested on it. They can bring real and significant amounts of people on their movies.
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Royal Bank of Scotland economists have urged investors to sell everything except high-quality bonds, warning of a “fairly cataclysmic year ahead.” Writing in a client note dated Jan. 8, the bank’s European rates research team said that clients should be concentrating on return of capital, not return on capital, and that an ominous outlook to the world economy “all looks similar to 2008.”
The Key Points- The note is particularly bearish on China and global commodities, and predicts that oil could fall as low as $16 a barrel.
- In a grim set of predictions, Andrew Roberts, head of European economics, rates & CEEMEA research said that the world has far too much debt to be able to grow well.
- He also warned that advances in technology and automation are set to wipe out up to half of all jobs in the developed world.
- The note says equities could fall 10% to 20%.
- It predicts the year will be spent focusing on how to exit positions that have benefited from long-running QE, including emerging markets, credit and equities.
Source: http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything/?mod=e2fbRBSA 10 to 20% fall in equities certainly isn't a long shot. QE has produced a long run-up in stock prices, and on average, we see a market correction of 10% every two years and a 20% correction every five years. Still, the advice to "sell everything" seems a bit much. For me is everything exaggerated. First I don't believe that in such few time can be something big like that what which is happen at 2008. To not forget that the crisis began at 2008, first, is the second biggest one after the crisis of the '30 and, second, is not you surpassed fully. So, all the world is working to eliminate all the consequences of this crisis and meanwhile are annalists which predict another one similar to that? First of all this mean that everyone has learned nothing from the previous one and I cannot believe that all the other people who worked in this direction are stupid and are not able to learn how to prevent the happening of the same or the similar thing and only the above annalists are good professional. Then (second) how is possible that only the above annalists are so able to understand so very well the overall world economic situation and the other similar of them not? As for me they want fame. Downturns in the market are common. RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison), they're saying it's going to be a bad year and you should flee to safe assets to preserve capital. The market doesn't only go up or explode in crisis. The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis. The market has had significant trouble of varying degrees in the early 2000s, the 1980s, and the 1940s. Downturns are common, and they are a normal and healthy part of the business cycle. I don't agree or disagree with RBS's analysis that this will be a bad year, only the advice that the reasonable thing to do is sell everything in response. So you are not agree or disagree with RBS analysis but are telling that " RBS is not saying this year is going to be as bad as 2008 (they're not saying it's not either, that's your comparison)" and in your main post you wrote: that an ominous outlook to the world economy “all looks similar to 2008.”. And the part in question mark must be their citation. This my poor in conception and lack in meanings mind understand totally different and against one another these two your sentences. In other words, again according to the above typo my mind, there are simply stupid game of words without meaning and reasoning. So needed to tell something different but have no importance what. It is not my comparison the comparison with the 2008 but your comparison and if true that you have wrote even their comparison. Written clear in your main post. If something is similar with 2008 like is told in your main post that mean that mean that we are in crisis. This is first. Second thanks for explaining me that "The market has a down year on average for every two up years, and the 1920s was not the last time the market had a crisis." It is a big surprise for me to know and to understand today that the crisis of 1920 was not the last crisis that the market had. According to me and to that I teach to my students at the Faculty of Economy since 16 years the crisis of 1920 was the only one before the one of 2008. So I will do a big correction to my book of management in which is treated various times the theme of crisis in capitalism, their cycles, their causes etc writing only this monumental teach had from your post. The crisis of 1920 is not the last one had the capitalism before the crisis of 2008. I have only a little question. Could you please show me where have you read this my big thoughts about this crisis in my post? Third. I don't see any kind of connection between my post and your post. You give lessons (as for me bullshits) asked by no one about things that have nothing to do with what I have write in my post. It would be better for you that the next time, before do a post or a reply, to try to understand what is told in the post to which you answer. I speak in my post ONLY for the comparison of the actual situation (always based TOTALLY in what you have written in your main post) with the situation of 2008 (given from you with question marks and if so rigorously cited from the source). I don't mention nothing about the overall crisis and their cycle - which is not trued that is 2 year because before were much more longs and now a little shorter and never there are defined time which can be taken as reference because of the complexity of today economy and the learnings had about those in time - but the most two big such. I speak about the Empire State Building and Tour Eiffel and you teach me that are not only these "builds" in this world but even the build when live you. And the last one that I have pleasure to specify is another BIG teach from you (always given at your monumental post): "Downturns are common, and they are a normal and healthy part of the business cycle."Really first time in all these years I have on my shoulders, that see with my eyes someone who pretend and write - being totally sure about this - that crisis are healthy for the business. It will be enough this sentence for me to ignore totally your posts but I will not do this because I'm very curious to see until in which point will go your being sure in telling other pearls like this. If it will be again the case to met each other in other threads. Because hope to not have more desire to reply to another your - like above - comment to this my comment to your monumental above comment. All I've gotten is that you're attempting to be condescending, but unfortunately your lack of proficiency in English makes all the little barbs I'm sure you were so proud of fall pretty flat. Perhaps you can't find a link between my response and your response because I was trying to respond to the gibberish you spouted all over the place. If I failed to understand what you were trying to say, that's due to your failure to communicate clearly. I gave it my best shot deciphering what you were trying to say. I'll just stay clear next time, as it was wasted effort. This sentence tell everything about you. Unable to understand first of all what is wrote in my post. Unable to understand your language firstly and then, secondly, what is written by me as an answer to your idiot reply But if is only this? Don't giving in your post even only one example of my "wrong English sentences or expressed thoughts" in my post your words smell even another thing. Smelling a totally inability of you to create posts with meaning not in English but even within yourself. This make you to write occasionally things (those which passes in your empty head) which have nothing to do with those to which you are referred. The main aim: to make one post thinking that only combining some words heard at television or copied by some newspaper make you a fully competent to create such. Have no importance what is written. Important is the post. Then when someone (poor him) who find the time to have to do with species like you explain your stupidity in that you have written, you have a total block and are not able not only to understand the thoughts of the other but even the language itself used by him. And the most common way in such cases is to denigrate the other using only words and don't giving any kind of example to argues your "thoughts" (what a shame to use such words in this case - even are within quotes). Again using copy-paste words. I may have made some grammatical error (even I am curious to see it) but my English is way better than yours and, that is important in this case, is that the language have nothing to do with the meaning of the post. So what must be understand and the reason of the post is what is within it and not the English. But as I was convinced since your first post in you is missing the brain as a physical substance. And when is so and cannot be understand the post the most easy way to go out of this heavy situation is the accuse to not understand because of the bad language used. Poor you. You have any kind of fault. |
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It depends on how you look at it. If you have won money with it you dont see it wrong.
But if you have lost everything then you see it wrong.
I can assure you that in gamble can be lucky only 1 on 1000 people. And most of times, that one lucky person will continue to gamble again because has hope to win more. And will continue this way since will lost all the money earned. Then it is one thing being a gambler and a totally other thing being an addicted from gambling. For this last case is spoke in my previous post. I am convinced that even the gambler don't win. Not an addicted who cannot earn never because with every possible earning will play again and again since the last cent. A such person lose for sure all the possible money have, will have or can find because is unable to stop gambling. The addicted from gambling is like the drugged. These people, when are in need to do the thing from what are addicted want money with every condition. They are able even to kill totally innocent people only to have money in order to satisfy their addiction. So are a risk not only for themselves but even for innocent people who might be in the wrong place at the wrong moment. |
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my vote goes to 2017, and that is being very optimistic. I am sure that halving alone won't bring us to $1k, let alone the ath. therefore we need something additional to happen. whether it comes in 2016 or not, I do not know.
If it is so my vote go first for 2025. Then for 2030. And again at 2035. So I can continue since will find numbers or since the number I know or be able to write. Everyone of us here believe that in time the value of bitcoin will be always more higher. No one hope the end of it. So everyone can tell the year he want and will be correct with its "prediction". But there is only a little thing that must be told before doing all these "predictions" and that must be remembered by them, by me and our friend who have made the above post quoted by me. The title of thread want to "know" the "prediction" of the achievement of the higher price in one of the month of this year and not further. And all we who make posts in his thread must respect (are obligated) his "desire". So make "prediction" only about what he want to "know". Otherwise may happen that one will speak for the price of bitcoin the next year and another for the price of ether after three years.  |
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The month of January has been historically unkind to bitcoiners. We've seen the ATL (All Time Low) last January (for the year 2015). We saw the ATL for the year in January 2014, so on. January has been murder on bitcoins.
The coming January is no exception. We are going to see the ATL for 2016 in a few weeks. It will be a good time to buy, so get your fiat ready.
For the moment we are only in an almost stable price. No ATL in horizon. If wouldn't be for the "speech" of Mike Hearn, the situation could have been much more quiet. But even with his bitcoin mortuary the bitcoin has react very well. The decrease caused by his words and the bankrupt of Cryptsy was comparable with its games in the best days. 70-80 us dollar decrease and some recover after (only to tell that I am alive and in health) have a significant meaning. Bitcoin has began to have immunity from the problems, the actions against it and from the errors of the others. If this can be verified continuously even in the months to came it would be a qualitative step ahead on its maturity as a product and, first of all, as a currency. |
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the addiction that is called gambling not fatal, I believe, though, that there are many others available (with only small deviations) forms of adrenaline, which can also be attributed to passion and that they are much more dangerous to life and health and that of their background, gambling can be attributed to the quiet amusement, not causing any severe forms and deviations, may make that interest more acute with adrenaline and like sports and such for more durability and form of gambling takes the form of fun as a friendly form of communication, though, although, I think under pressure the need to write to warn "beware of causing addiction" will have a place and meaning due to the fact that not everyone is in for a number of reasons to enhance the concentration of something else
To tell the right your English is incomprehensible for me. I am not a native English speaker or writer but I haven't seen in my life and in all posts read here in bitcointalk from any native English person a sentence long 5 rows (for more bitcointalk rows which are the most long rows that can be seen) and for more yet not finished (have not the point at the end). But even this difficulty I think to have understand your part make in bold by me. If the meaning of these words is that the addiction from gambling is not fatal then you are totally and in a big wrong. I can assure you that this kind of addiction ruin not only the life of the addicted but even the life of his family or even that of other people near of the addicted by gambling. If this disease wouldn't be treated in time by a specialized doctor this person is done forever. And with him everything who has to do or is dependent from it. |
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Right now it is more profitable to buy bitcoins and hold on to them, then to invest in mining equipment.
Mining is time consuming, stress and eventually it will cost you (due to the prices).
You've seen what bitcoin can do (USD 500,-)
But you've not even seen the true value and potential of bitcoin (there is no better payment system in existence).
Cannot agree. Mining is the most risky investment with bitcoin. To not tell that can happen even lose of invested bitcoin and not to have earnings. As I can see in your post you don't consider the most important and risky factor which, for more, is totally unpredictable. I am speaking about the difficulty. This factor is the main factor which condition hardly the process of mining. I am an old miner in bitcoin and can tell with big security that difficulty have the part of lion in the amount of bitcoin that can be earned through mining. There will be enough to happen two-three jumps of difficulty and you will not earn never maybe even your invested money. Even you will mine 24/7 and during all your remaining life. The overall result of the difficulty is the increase of it. This mean that, as I told above, you can do everything you want but maybe cannot see even your invested money. |
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I give it one, max two weeks. Then down.
First must be defined what must be understand with the amount of "down". Could be named down 5 us dollar and can be named down 100 us dollar. If with down will be understand the first amount have no meaning to discuss about up and down. Bitcoin have no problem to go or move even 30-40 us dollar within a day. And then stabilized in almost the same price or 5-10 us dollar up or down the primary level (in which was before the movement). Anyhow I think that it will not go down after one or two week and even more. I don't see reason why it must go down. The overall trend of its price for one year was the stability or the increase (the result of movements). So don't see why must change this trend. |
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Recovery seems to have topped out at 429. We will go sideways at 420 range for a few days and then KABOOM! Another 10% drop, will put us in 380 range. This is so predictable, it's hilarious. So easy to make money, like taking candy from a baby.
Wow. So easy to make money?  If I would have the luck to have read this post before my bought of bitcoins at 00:00 of this new year I wouldn't bought those. Will wait first the KABOOM. Then will wait the another 10% of drop. Then will ask to the OP the time of KABOOM and after even the time of the another 10% drop. Or I'm wrong...  First must ask the time and then wait. Because if I do otherwise I may lose the time of KABOOM and the another drop of 10%. Anyhow for the moment is happening the MOOBAK because the price is about 430 us dollar one bitcoin. So first must be eliminated the MOOBAK then wait the KABOOM and at the end the drop of 10%. At that moment, and only at that moment, everyone must be buy bitcoin. With big profit. Piece of cake.  We're currently at 392, I was right and you ^^^^ were wrong. You seem to like my word choice KABOOM, I like your word MOOBAK, inspired by my word choice I'm sure. Yes, it was easy for me to profit from btc's ever lowering in price over the last 2-3 weeks since my original thread. It baffles my mind how so many people do not see this. I'm happy that you liked my MOOBAk invention. Hope you will use it always. But not forget the right of the author. So some of the bitcoins earned by your having right in predicting the decrease of the price of bitcoin at the level of KABOOM, must go to me for my invention used by you. This is the first thing. The second one is that your KABOOM foreseen was 380 us dollar and not 392 us dollar. There are not few difference between these two amounts. So to be correct your KABOOM of the first post is different from your KABOOM of this post. I know that for you maybe the two KABOOM's might be the same but cannot be so for the remaining everyone else. So in order that your pretend to have right must wait that happen the first KABOOM and not this last one. |
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A lot of arguments I'm reading against the block size increase is that it will make running a full node too expensive for a lot of people, reducing the number of full nodes and making bitcoin more centralized.
So how much decentralization is "enough"? Why not reduce the blocksize to half, for more decentralization, if it was so important?
Did we really somehow reach the optimal amount of decentralization with 1 MB blocks, just like that?
I'm genuinely curious to what people think, I don't really have a stance on this either way.
Bitcoin is born, is and will be always decentralized. Cannot be never someone or whatever can be which will be able to centralize it. Because is the production itself who leave space for everyone to enter in this "business" without asking the permit to no one. So even for the moment may seems that the possible reduce of the number of nodes can bring the centralization of bitcoin (or can push in this direction) the "game" will always be open for other "players" to "play" the "game" who can begin to "play" in every moment. It will be so always. Forever. This make impossible the centralization of bitcoin. Even if one day all the countries of the world will accept bitcoin as a currency and will create an Authority with the aim to care about it, even this Authority will find difficult to control it. They must buy big quantities in order to be able to control it and this action may bring its price in unimaginable amounts. This can cause the impossibility for this Authority to fulfill its aim. But this is only a theoretical hypothesis. In any kind of situation cannot be verified that all the countries agree in something all together. Few more in the case of bitcoin. |
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I was wondering what would be Satoshi's opinion on the blocksize debate. I mean : would he be pro-Classic or pro-Core, a.k.a. 2 MB or 1 MB blocks ? Maybe someone has a quote from him that show what he would think about it.
All this war for only 1MB difference. As for me this is a shame for everyone of developers involved in such mess. If they are not able to agree about this problem anyone couldn't imagine what could happen if would be others more complex. Satoshi probably wouldn't give any kind of attention to this problem. And if would be some discussion about this matter between the other devs it would be resolved within a day by him. According to me all the fault of this overall "world" discussion begin from Gavin. He had the codes from Satoshi. If wouldn't give those to the others in this moment wouldn't be any kind of problem. And not only today but even in the times to come. The lack of courage of Gavin to play the role of leader when was chose to do so by Satoshi himself is the only cause of every problem that bitcoin has and will have in the future (in the development as a product). |
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I think it will hold its ground around there and make a gradual move up for the next 5-6 months, then it will start to spike around September-October.
For the first period can be told only words. Nothing else. Maybe Gavin Andresen may make another "speech" like the "speech" of Mike Hearn after a couple of months and this action for sure will affect again the price of bitcoin again for some time. So no one know what will happen and first of all no one can know the humor of bitcoin itself during all the next 6 months. If it become angry who knows what may do. As for the second part of prediction there are big probability (because exist the cause) to be verified. But I think even faster than September-October. Anyhow lets wait and for sure will see. |
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Are we going stay at $400 for a long time?
That's depends from what is your meaning of the long time. If for you is not long time six-seven months then that price may not remain in that value for a long time. There exist big probabilities that the price of bitcoins goes up after July. Cause: the halving. Less bitcoin in the market in the same time compared to today and the next six months theoretically must increase not few the price of bitcoin. At least this explain the theory of demand/supply. Then if for you this period is a long time then no one can tell you for how much time (before this time) bitcoin will be at this price. Because bitcoin act only according to his head and hearing only its mind. And I don't know no one which a close friend of it in order to learn more about their actions. |
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you can win a lot of money,
It depends very much on your luck and where you play.
If you have a good strategy you are more likely to win.
There we are again with the specialist of the turn and the master of the turn in gambling. This way is not mentioned some specific field of this big tool and source of earnings - like it is gambling - for everyone who want to exercise it. That mean that his words have to do with all the specter of gambling. The first of this kind I see during my someday seen of this kind of threads. Depends only where you play. If you will play in the casino near your home maybe you will have much more profit because everyone know you. And in this way can be even more generous during your plays. Even this cannot be much necessary. Because according to him if you have a good strategy you can make sweet dreams. Every day, wake up from your sleep have with such sweet dreams, chose the gamble of that day, go and gamble in this gamble, use the good strategy and win. More easy than that cannot be. Piece of cake. But wait... Where to find the good strategy... maybe in every bookstore (section of school text) or even directly doing a pm to the author of the above post. Don't think that him will leave the people without its precious help after the important statement of the above post. |
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Probably not in the near future, if it will disappear that means an alt coin took its place as the top crypto currency and that is quite a far off at the moment.
I saw in internet the site of this variant. There are Gavin and Jeff Garzik in. The most known core developers of bitcoin. I am not a specialist in this kind of things but I really cannot understand the why of all this war about the amount of increase of size of blocks. What is so different in having 2 mb or 6 mb or 8 mb increase? Maybe are interests in the middle (and for sure that would be) but being 2 or 4 seems the same thing for me. Where is the profit or the loss within the difference between those two amounts. Can anyone who have more knowledge explain this with simple words in order that someone like me who is not an expert to understand? |
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I think the best way to grow your coins is to invest them safely even if profit is slower, something maybe like loaning for a long period.
You could profit some from loaning but the trust should be there you dont want yourself broke by the time bitcoin rises. Risky but good profit. Just loan to those you already know or who have high trust ranks. There are even other ways to earn bitcoin except the loan and are not few sure comparing to this way of invest. Which to tell the right cannot be applied always because it is not easy to find people who want to have bitcoin and to be be ready to give interest for those. There are sites in which can be invested in bitcoin and have profits in bitcoins (so are protected from the change of the price of it) or even others in which can be invested in bitcoin but the earnings are not in bitcoin but in normal money (so you are not protected from the change of price) and then you must withdraw in bitcoin. But the earnings are good and can prevail the changes of price. So can be earned good profits even there. I have invested in three of this kind of sites and I am having regular and everyday profits from two of those since almost three months. One of these have 5 years online without any kind of problem (including the payments). While the third is a long term investment (so, a little more risky) but the earnings are very satisfactory. So it is worthy to risk low amount of bitcoin because if everything goes good can have much more. |
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Bear market's now over guys. Get ready for the $500 and then $1000  To tell the right, a few time ago I saw this main posts or threads like with a little nervousness because make me to bring in my mind a my old friend which was a very enthusiast person and makes projects about big things without having any kind of source or possibility to realize those. I discussed always with him after the end the project of the turn (naturally without success) to make him to not wonder castle in air but to come back and to stay with feet on the ground. But him continues again. Then the life separate us but I remember always him when I made a project. Thinking twice before acting in something worrying to make some "stupid" thing. To be back on the "earth" and to make the connection with this main post. There don't exist any kind of data that can argues such amounts given by OP. And will not be maybe never. But again such kind of posts born like the mushrooms after the rain. But now make me smiling. I see those not as predictions but hopes of everyone to see such achievements for bitcoin. Like my friend who wanted to make impossible things without having any kind of possibility. Both cases don't hurt no one. Maybe except the authors themselves if cannot be verified. |
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Btc price coming down probably people are selling btc to get money for holidays right ?
As for me are mainly and in big amount only normal movements of the price of bitcoin. Maybe a little affected by the celebrations but I think that such impacts are very few. The main (almost totally) factor in the change of price in such amounts, for me, is the volatility of the bitcoin itself. We are facing these days of January "big changes" on price which followed the "testament" of Mike Hearn. And bitcoin was went down only for about 80-90 us dollars. Then stopped and begin the recovering. If such "speech" (full of fatalism which raised big fear at the beginners) from an ex core developer of it is able to cause only this kind of "earthquake" the celebrations can be told that don't affect at all its price. To not speak for the "Harvard guy" which make its testament at Washington Post and had any kind of effect on its price. |
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My main investment is also in BTC, I only have about 1 BTC invested in some altcoins to do a little trading
with it. My investments at the moment are in ETH, DASH, XMR, XRP and MAID
If think that who trade with altcoins must be always ready to find surprises. I don't think that if you sold your etherium not more than three weeks ago you can have that coins again today or another day (with the same price and not less as you may hoped). So you must tell goodbay to your investment or trading hoped with the bitcoin had from this selling. I don't think that etherium will go back some day to that price. It is already almost three times more. And all this only in three weeks. I think that it would be better to hold such coins and not to try to trade with those. Trading with altcoins, according to me, is to risky to be followed. There are not any kind of rule which the alts follow in their movement of price. So is hard to predict how will be the next future of every of those. Maximum can be told that is waited to be increased because is part of a good platform or project but I don't see the way to predict a possible pump and dump of those. |
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