the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.
No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price. Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months. Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months. realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year. |
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I don't think it's meaningful anymore to discuss what if bitcoin is a scam etc etc... that kind of discussion belongs to 2009-2011 period, Bitcoin is in a way a commodity that increases and decreases on value depending on demand, stocks are too, but they aren't "scam".
Yeah, I think bitcoin period in question, expired as you mentioned above. And now the best thing to do is to invest in it, because many people who believe in the presence of bitcoin and already tested several years ago until today. thanks Bitcoin holds satisfied users in high numbers especially the early adoptors who invested at right time and now are billionaires, it can also make us rich if we start investing in it as the future of bitcoin is very bright and I don't think it will ever disappear. there are no bitcoin billionaires as far as the fiat value goes. some one to be a fiat billionaire with the coins that he/she holds need to have 1,754,000btc to claim the billionaire title. satoshi supposedly holds around 1 million coins. at the time the price went through the $1000 price level, then he was a billionaire for a short time (assuming he really has that many coins). |
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I guess I would not do it if I just lost a few times in trading. Well, if you play the trading and lose, then it is a risk that you have received, and it is a risk in business. If you have good skills in trading, you should not be out of trading, because of all the things you do will certainly be risks. I am pretty sure, people who are great at playing trading must have often suffered losses in trading.
Losing a certain amount of trades is fine since most people lose anyways. But just be aware of your loss cap though - and if theres a contingency plan if you do lose all your trades. You cant lose in trading if you have some knowledge of the coin you are trading and some knowledge of trading. Instead of making a one large order, it is better that you make small orders of buy and sell. In this way, the risk of losing will be minimal. believe me, even the most successful traders lose money on certain trades. in many occasions they can cover the losses of certain trades with the profit they made before it, but some times it's not enough, which leads them to a loss. |
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Nice uptrend, I think we will see good moves in the next weeks.
what uptrend are you talking about? the few bucks that the price has gone up today? that's not an uptrend, but just a normal market movement. what if the price goes down a few bucks, are we then in a downtrend according to you? |
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with no riks there is not profit!
So I guess it is better to invest
Investment is always an better option in compare to saving as it will allow your money to grow in long run, with savings you will only have limited money saved for future. What you are telling is not always right as where you are going to invest is the main point , if you are going to invest in cloud mining or any other ponzi scam investment then your investment will get lost as this schemes are only for doing scam. It is better that you can save it in your wallet for future, or else if you have knowledge of trading then you can do that. or else it is better to save the bitcoins and sell when the market goes high. you know what the main point is of scam cloud sites and ponzi's? that people mostly know that it may turn into a scam, but they think if they are quick enough, then they can roi with a good profit before they shut down. it means that people are knowingly investing money into an obvious scam. that's horrible. |
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If you got in when it was $2 a Bitcoin, yeah. I would eat, dream, and... Bitcoin.
But it is now impossible to get back to the past and we need to move on and going to relay on the current price of bitcoin. And that really means that bitcoin cannot overcome with USD because since the beginning the world knew that it is the most powerful currency of all time. And bitcoin is just relaying also to the price of it with USD. Yeah bitcoin can never replace usd in future as bitcoin is too small and not even as popular as usd, people are using usd since long time and have more faith in it as a currency. even when bitcoin is more popular than the us dollar, then it still doesn't have a single chance of replacing the dollar. the only entity with the ability to replace the dollar is the us government itself. |
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yes that is a fact, actually some people wants bitcoin to bell down under 400$ so that they can get chance of buying bitcoin at a low price, therefore they are trying to spread such false news in the market, otherwise there is nothing wrong in market nor bad news related to bitcoin, the price of bitcoin is expected to raise again to its previous price after a long correction,
these are the kind of people that always miss great buying opportunities. people have had enough chances to buy at very low prices levels such as sub $300, and they still complain.... |
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What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?
at first, i would start with lowering your expectations. making 1btc every day as a minimum is way too much to handle when the market is in its current form. we need heavy volatility in order to have a chance to get that kind of returns. i would set myself a target of 5-10% in a month. so if your budget is 20btc for trading purposes, then that's at least a nice 1btc per month. trading btc/usd is the best option. altcoins are too risky. |
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bitcoin is too safer and secure and its transaction is very faster and bitcoin transaction fees is very lower.
of course bitcoin is way safer, you dont have to give it to someone like banks to hold it and you are the master of your own bitcoins It depends. If the good bank can give me some interest and can secure my bitcoin, I will use the bitcoin instead of holding it myself. If you keep your coin on wallet and price increases then you can have some interest more than the banks. that's the advantages of bitcoin, than you put money in the bank and the value of bitcoin your savings can increase if prices rise but the safety of bitcoin is still a bit of a problem. LOL for a thinking like that. How come you are comparing the interest of your money in the bank and price fluctuation of bitcoin??? Didn't you know the difference of stable currency to a currency that has an active price fluctuations??? A low interest rate you are talking in banks is a big amount to consider when it come for fiat trades. Learn to fo Forex trades so that you have some insights rather to post such non sense information. Low intererest rate of bank is guaranteed but bitcoin and forex are risky and forex from many aspects is similar to bitcoin. regular savings accounts where you can withdraw your money at any time don't have fixed or guaranteed interest rates. at least, not here. you only get guaranteed interest if you agree that the bank will lock your money away for a period of minimum 1 year. the downside of this is that you can't reach your money untill the expiry date of that contract. on top of that, it's only 3-4% per year at most. |
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I think we can start do that from ourself. I mean, we can spread the information about bitcoin and the benefit of using bitcoin as currency and as investment.
no matter how much information we spread about bitcoin, we can't force people to use it. the impression of bitcoin on the average joe isn't helping at all. the media effect is having a serious impact on them. it sounds weird, but they have full trust and confidence in the government. something that isn't in control of the government is a danger spot for these people. don't think it will change. |
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It will make a positive impact on bitcoin i think. It means more business spaces for bitcoin which will result in more volume. Also, megaupload is a huge brand: Just calling megaupload along with bitcoin creates hype.
the project itself is a great addition for sure. i however prefer to stay a bit more realistic. we have seen more projects that had quite a bit potential ending up being left aside as there is either no interest, or they haven't done anything to market their site/service. |
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I predict that on the day of the halving in 2020 the bitcoin price will be $1666.
if bitcoin will be alive til that day, i think that price should be around 2000$, of course it might and probably will be larger than that, maybe like 3500$ You are right that in 2020 we can expect the price at $2000, but at the point of bitcoin's survival you are at wrong, bitcoin is becoming amore stronger currency with each passing day and it is sure that it will be among us till the end of the day. I would say that was a great prediction and too conservative, if the price will rise before the end of this year we can easily achieve that price and we may even surpass it with the continues adoption will continue. how are you so sure of that? there are no guarantees when it comes to bitcoin. it's better to let the price touch $1000 first, before speculating about prices higher than that. it just doesn't make sense. especially when you consider the fact that it took us so long to get where we are right now. $2000 is not part of the question at this point. by far not. |
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Is it only me or this issue is with everybody on this campaign, I noticed that my post is not being counted, it's still zero and yet I made some posts already. It still shows active in bot.
EdiT: I should have at least 3 posts including this one, but only 1 is being counted.
moderators have been deleting quite a few threads, with as result that our post count gets decreased. that is most likely the reason for the bot to show your stats as such. i have seen my post count get 5 or 6 posts lower in a matter of around 24 hours. My post still exists, its not deleted or reported it's just that it was not counted. I double checked the section where it was posted and it's fine it's not in the section where our posts will not be counted. it doesn't affect your recent posts. they are deleting old threads with as result that your old posts there will get deleted. keep an eye on your total post count to see if it gets lower. this post of you, did it get counted by the bot? edit: i see you have already hopped over to a different campaign. |
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stagnation i call for now, until things are cleared from those bad news, then we can go as high as near 1k, and then if we can go above that we will touch 2k for sure with a new ath, i see this happening at the end of this year
bitfinex hack plays a big role as to why the market is slow and going down, that's right, but you're being too optimistic here. there is literally nothing that can justify the price to go up that much this year. even with significant manipulation i can't see the price come even close to the $2000 level. also, i can't even see the price reach $1000 this year. do you think the roll out of the new 0.13.0 core update with the change people have been waiting for (although it won't be active yet), will change much as far as sentiment goes for the short and medium term? i personally see it as a good thing. |
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Is it only me or this issue is with everybody on this campaign, I noticed that my post is not being counted, it's still zero and yet I made some posts already. It still shows active in bot.
EdiT: I should have at least 3 posts including this one, but only 1 is being counted.
moderators have been deleting quite a few threads, with as result that our post count gets decreased. that is most likely the reason for the bot to show your stats as such. i have seen my post count get 5 or 6 posts lower in a matter of around 24 hours. |
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i certainly think the current price is a reasonable price for people looking to buy. i am not going to make things look nicer than they in reality are. mainly because of the lack of direction in the market. people are confused as they don't know what to do after the bitfinex hack. i think we'll keep feeling the impact of this hack for at least a few more months.
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I doubt that dollar will crush. As all American dollar has the best promotion, that's why it is so popular in the world and well known. Dollar rules the world nowadays. So I'm sure it will not crush in nearly feature, in far future - who knows?!
I agree with you the Dollar won't crush. USA is the first of the developed countries to start raising their interest rates again. It is far more likely in near future that we will see $1=1€ than a $ crash. Not just 1$=1€. it will be 1$=1€=1£=1cad$. Dollar will overpower everything including Gold. Only then it will fail. The fail will be too great. There will be a new world currency. If Dollar crashes one possibility is to crash world economy, something like previous depression. when the dollar is crashing, then it takes the entire world economy down the drain. that's a fact. however, everything will be done to prevent the dollar from collapsing. just look at what's happening with the massive debt the usa is having. each other country would have collapsed already. the same will happen with the dollar when that day comes. they will keep it alive basically endlessly. |
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because i know that after some time it will really give me a good profit, also because in present time the price of bitcoin is really very low and hope that the price of bitcoin is expected to increase very soon and it is also expected that the price of bitcoin will easy cross the 1000 $ at the end of this year,
the price isn't low at all. if it was really low then people would have bought the price up to over $600 again. also, those thinking/expecting the price to reach the $1000 level this year, are simply dreamers. there is literally nothing that indicates the price to go up to such level. even worse, i would see it as a bubble if the price would go up that much in a matter of months. |
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Trading will help you in increasing your coins in your wallet, so its always better to trade with them instead of simply holding, as holding will not grow your coins.
Well, if we are only holding bitcoin then the amount will not increase. But the value of bitcoin will increase if bitcoin prices rise. Trading is a good thing, but it has a higher risk than holding bitcoin. thank you Risk in trading is worth to try. It's far the most risky method that can give us good profits when execute properly. And it's far more productive compare for a long term holding. There are really lots of persons today who really acquire so much earnings thru the risky method of trading. Yes true method of trading is a big risk, but it can be learned if we want to benefit. If we can learn the trade and do at the right time I'm sure we'll get a lot of advantages. Nothing is impossible, you can surely learn trade and its worth to invest time in learning trading as that knowledge will be with you for a lifetime which can benefit you many times. most important thing is that you learn from your mistakes. i know some people that have been making the same mistakes over and over again. i adviced them to stop with investing as it only leads them to more losses. they eventually agreed that it's better for them to quit as they are only losing. these people should stay very far away from any kind of investments. |
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We must trust bitcoin because this is great other source of income it will helps us to increase our revenue eventhough it has no insurance and it has a big risk we need to believe that bitcoin will give great return of inventment in the future.
trust is a big word when your only intention is to earn some bucks with it. when people talk about trust in bitcoin, i imagine they are talking about the benefits of the technology aspect of bitcoin. however, all i hear is people talking about earning this and that. look further than only earning with bitcoin. |
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