Right.


This will result to a tremendous increase on Bitcoin's price. Though I am uncertain of what will really happen, I am on the positive side. This will be a milestone for Bitcoin and investors will start pouring in. So there is no doubt about the Bitcoin price increase.


Yes.


Yes also.


Bitcoin will definitely slow down before segwit. This is due to some people selling coins because they are afraid of its end result. However, after the activation, about a week or so, we will see the tremendous growth I was saying earlier. 10K is a bit much, though.

I see a chart 

Kidding aside, I can see the foot of the mountain there. Bitcoin is just starting, we will see sooner or later the continuous increase on Bitcoin's price. And due to the past progress of Bitcoin, we cannot neglect that Bitcoin will still go up. Higher and higher, higher that you anticipated. This is just the start, patience is a must.

Though we see some increase on Bitcoin's price, we cannot neglect the fact that we can still feel/see the bear behavior of the market. We still see decreases that indicates that we are in a bear market. Add also the fact that some are selling their coins because of the upcoming August first.

However, since I am positive that all will end well, we might be looking at $4000 (at least) per Bitcoin at the end of this year.

Good day sir Edwardard, I ranked up from Member to Full Member. I would like to reserve a spot on Full Member if ever one opens up. I already updated my signature and my avatar. Thanks.

Hello,

I suggest that these type of information should be reflected on the OP. These are relevant information about this ICO and including this to the OP will be a good thing for interested investors just to make sure that all will read them. Also to deliver the information more effective to the people here. Some might skip some pages and will not see these posts. So Being in the OP will give you a big favor.

It is best to clarify your question. Are you after where does Bitcoin come from or where can you get (earn) Bitcoin?

If the main concern is about its supplier and where Bitcoin came from, Bitcoin is being mined. A new block of Bitcoin is born when a block of transactions are confirmed and done plus a bonus amount of Bitcoin is produced as a reward for the miner. So basically, miners are the suppliers of Bitcoin.

But if you are asking where you can earn some, it is just like fiat. Any way you can earn fiat, you can earn Bitcoin that way too. A famous way of earning Bitcoin here is by joining bounty campaigns, trading, and investing.

Bitcoin's volatility is associated with Bitcoin's demand and supply in the market. As long as Bitcoin's price is dependent on its number of demand with respect to its available supply then stability in Bitcoin's price is difficult to attain, if not completely impossible. A possible way to cope with this is eliminating the 21 Million limit to Bitcoin and have a supply just like fiat which is infinite (this is very unlikely to happen and impossible on my part). Having a mass adoption could be a way (I am not entirely sure of this) but the price will be so high and it is not too practical for an individual. The very best that I can think of is using Bitcoin as a currency and eliminating the "Bitcoin as an investment." This way, if Bitcoin behaves like a currency more than an investment, stability will be achieved.

User name : jc89
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I would like to work with you sir Edwardard

Why is this thread posted on both Economics and Speculation Board? Link to Speculation Board: https://bitcointalk.org/index.php?topic=1989471.0

I'll answer this thread again.

The auction will not affect the price of Bitcoin since the Bitcoins won will not be available in the market, instead it will just be transferred to the personal wallet of the winner. Just a mere peer-to-peer transaction and p2p transactions never affected the price at all. However, if a large portion of the Bitcoin won was sold then a big dump will definitely occur.

If you have a lot of Bitcoin and you do not necessarily need to spend them then hold 'em as tight as you can. Having large amount means a huge profit when it spiked upward. If ever you need to spend then sell some and hold the remaining coins. Hold your coins while accumulating more, that should be the best strategy in the world of Bitcoin.

It is a matter of trust.

Yes, there are many altcoins out there that has the same feature as Bitcoin that is good for long-term investments. However, if it is not trusted by the people then you might get profit very slow or will not profit at all. Since Bitcoin was around before these alts came to existence, Bitcoin is trusted by the most people so they prefer Bitcoin over others. Having the same potential as long-term investment does not mean the have the same ROI within a specific span of time.

It is an absolute impossibility to pin point what will be the bottom of a current downtrend on Bitcoin's price because Bitcoin is uncertain at all times. Some might give you a correct answer but it is a pure luck and coincidence. It is difficult to keep track and be aware of all the happenings in the cryptosphere. However, past experiences may help in having a good decision in buying and selling Bitcoin. History shapes the future. It may be difficult to learn these tactics but in the end it will go only from your instinct.

Somewhere down the road.

I think this is not a typical correction happening. the drops may be caused by some people who panic sell because they are scared about Bitcoin crashing due to the uncertain effect of the activation of Segwit. And include the fact that we are on a bear market. As for the current trend of Bitcoin, it is slowly recovering and I do not know if a drop will occur again. We are approaching Australia since it's only days before their formal acceptance of Bitcoin.

Yes, we are going there but we cannot know exactly when. This year is possible but it is more likely to happen next year (2018) during its first half. We are on a bear market and Bitcoin is behaving berserk lately, no certain destination. Though we have Australia on July, the raise in demand is being countered by the fears for the upcoming segwit activation. And since India is next in line after Australia, 2018 is the best possible year for 5,000 USD per Bitcoin.

NO.

The auctioned Bitcoins will be sent to the personal wallet of the person/s who won the bidding. And by definition, a peer-to-peer transaction of Bitcoin will not affect the price since it never went through the market before being held again. So there is no need to worry about this stuff. However, if the winning person sell his Bitcoins then a huge decrease will surely occur (supposing that he sold a large portion which is very unlikely).

It is a very wise decision. Accepting Bitcoin as a mode of payment when their government is in the process of legalizing Bitcoin in their country. It is just like the old saying, "the early bird catches the worm." With their early move, when the time comes and the Bitcoin was officially legalized in India, they will surely greatly benefit from it.

Yes, and I believe that NVO is already successful just on the first week of the crowdsale. It is no doubt a wonderful concept and the engagement of many investors is the very proof of that.

Yes but not only the demand, the supply also plays an important role in the fluctuation of Bitcoin's price. Bitcoin's price is dictated by the number of demand with respect to the available supply in the market so both demand and supply have their roles. And as to what you've mentioned (I will add the supply), bothe demand and supply changes over time, thus making the price vary depending on the demand-supply relations.

The stabilization of Bitcoin's price is not dependent on the closeness of BTC's demand and supply. Even they are far apart, stabilization may also occur considering that their proportions grows simultaneously.

I also believe it is. Buying now when the price is somewhat low is a great opportunity to people who would want to buy more Bitcoin. By buying at a smaller amount, if the price spiked high then a major profit is very likely. Buying in the dips is always a good strategy. And by holding your coins within the correct time span, you will surely gain much than you anticipated.

The decline on the price of Bitcoin is always normal. Bitcoin is very volatile and seeing it goes up or down is very normal. Other factors may also contribute to this decline such as the August 1, 2017 calendar mark that maybe brought fears to some new Bitcoin users. No matter the reason about these current declines, nothing is to worry about and treat every price changes as normal.