I say by the end of December for sure, but feeling the summer is a possibility as well. Your thoughts ?
December is too long from now and at that time the price of bitcoin will be much higher than $1500 as in this summer the price of bitcoin is expected to reach to $1500. Now you can see the price is increasing slowly but it will reach. For this near month, I think the price Bitcoin won't reach at rate $1500, maybe yes it's be reach at December 2017. Because right now there are still issues that negatively to Bitcoin and it would inhibit price of Bitcoin increases December is way too far away, and $1500 is such a small rise for bitcoin. or maybe you have forgotten that bitcoin price was $420 last year this time and was $220 the year before that. now you are expecting only a 50% rise for the whole year after years of 100-200% rises! I would say December is too far away, but there are still a lot of frictions within the bitcoin community that may make the price keep dipping and rising around low 100's to mid 1300's, so we are going to take some until we can finally break $1500 then $2000. We are yet to see how the segwit situation resolves. I think until then LTC is a good one to hold. this "friction" has always been there. this time it is about something and next time it will be about something else. but they never last long. i kinda agree with the short term though. it is hard to talk about it, but so far it seems to me that we are on the rise and the buy support seems strong. talking about LTC here seems too random though it is an altcoin which is being pumped right now, and it is good but not going to last forever.
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this is so funny I had to share this here (Moby Dick of the whales): This is on bittrex, i wonder if the same thing is happening on Poloniex too edit, in case it wasn't clear on the chart, that was one 56 BTC buy wall placed in one order and it is nearly gone with all the sells (5.2 BTC remaining by the time i am typing this). it was sure fun to watch though
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I think OP should also add how many BTC being transacted or volume transacted for each country. Also, I am surprised Indonesia is not on the list? There are many Indonesians active also on bitcoin.
i don't get the list either! OP says "popular for trade"! whatever it means because the list doesn't seem to be sorted based on trading volume either. you can check fiatleak.com or coinmarketcap.com for example to see where the volume comes from.
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I say by the end of December for sure, but feeling the summer is a possibility as well. Your thoughts ?
December is too long from now and at that time the price of bitcoin will be much higher than $1500 as in this summer the price of bitcoin is expected to reach to $1500. Now you can see the price is increasing slowly but it will reach. For this near month, I think the price Bitcoin won't reach at rate $1500, maybe yes it's be reach at December 2017. Because right now there are still issues that negatively to Bitcoin and it would inhibit price of Bitcoin increases December is way too far away, and $1500 is such a small rise for bitcoin. or maybe you have forgotten that bitcoin price was $420 last year this time and was $220 the year before that. now you are expecting only a 50% rise for the whole year after years of 100-200% rises!
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Unfortunately it does.Suppose there were no Altcoin, people would switch back to fiat in bearish times and chances of them coming back to btc were less. Now they have an alternative in Altcoin and any fall in btc price is comepensated with the rise in Altcoin price. But yes there should not be hundreds if Altcoin. I think only 20 would have been better. not really, what you say is what traders do. they pull out and go to another market (altcoin market) and make profit to come back but others who aren't day trading don't care about it. so altcoins aren't really needed. and i disagree, hundreds should exist because you can't pump only 20. people will give up. but when you create new altcoins every now and then everything refreshes and starts anew.
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All in in LTC. LOL its gonna moon if this guys analysis is accurate. Dash made .12 can LTC do it too?
i think 0.12 for litecoin at this point is a bit far fetched. it doesn't have SegWit yet and there is no other "good news" for it either. if there were we could see something happen but there needs to be some driving force apart from the pumpers pumping. and so far pumpers pumping are the only force.
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Everyone one who is saving their bitcoins for longer time are known from the fact that they will earn a profit in the future when the price of bitcoin will increase. With the passage of time the users of bitcoin increases increasing the demand and so with the increasing demand the price of it increases which give the expected profit to the users.
Yes, true. Those people who had a strong belief in bitcoin, whether there is a fluctuation happen in the value of bitcoin they will continue to hold their coins actually. And I agreed it is considered as one of the side effect of the rejection of ETF but still no worries, because it will surely recover in a matter of short time I think. belief is meaningless. it was a logical decision, at least for those who use their brains it was. when you hear some negative news you analyze it and the decide how true or false it is. in case of the split which you mentioned it was mostly bullshit using some small news to spread some FUD, in this case any drop is just opportunity to buy more. simple logical conclusion!
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bitcoin and real estate are good as investments in my opinion. you buy them and hold for long term and enjoy a big profit specially if you get in early in bitcoin or buy the real estate in an up and coming neighborhood.
but others such as stocks and gold are best to be traded by day traders who can, and to make short term profit in my opinion. because most of the time holding these things won't give you much profit. for example gold has been the same price last year as it is now with a little increase.
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Is there an alternative for coin.dance?
many of the block explorers show similar stats (no charts in most of them) for example the screenshot posted by Lauda seems to be from the block explorer called Blocktrail ( https://www.blocktrail.com/BTC) signalling is just adding a string to the coinbase transaction or the block version. you can even get the block hex and see it yourself.
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id suggest vote. but dont admit to such in comments or your messages inbox will get spammed with lots of people wanting to be your best friend and offering you links to go visit
first of which is going to be the good old IRS guys coming and knocking at your door to ask for their share of the money which you forgot to pay them.
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this was such an interesting idea by reddit though. i saw the sub this morning on the sidebar saying r/place and after visiting i was surprised how bitcoin ( BTC) was right in the middle of the page when i opened the sub. and some of the drawings in there are awesome too. it is worth the time to go there and pan around seeing all the "art" p.s. i love that Valve red logo from Dota2 too.
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Well, this thread now is officially dead, I see.
Two pages and aside from one post claiming that bitcoin is skyrocketing, not once I saw anything resembling price observation.
Guess, nearly 17 000 pages made its toll.
this topic has been the place for random arguments for a long time now. check the first pages, there you at least see some charts and some real analysis here and there but you never see any of it in these thousand last pages.
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the thing about trading cryptocurrencies that you need to know is that, this market is not like Forex, it is small and manipulating it is so much easier. in bitcoin we keep seeing techniques of manipulation and FUD which leads to high fluctuations, sometimes unpredictable.
when it comes to altcoins the situation becomes even worse. the real manipulation is there. specially with coins that have a big premine.
all the things you know, such as reading the charts and analysis are good but sometimes knowing the news is more important.
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with 25 $, I will be waiting dogecoin prices fell to the lowest price, and following a good ico future. with some formulas and analyze ico high quality, is one of the best ways to double its capital. let you see wetrust he won the oscar blockchain this year, possibly after ico ended wetrust also has a fairly high price.
Don't buy doge coin just with a small investment, I think buy another coin which it have low market cap will be better, because there are a lot of the potential for the altcoin price will be double in the future. doge coin is perfect for small investement, because has very small value 20 staoshi, and youc an buy many with few cent of bitcoin , wait for the pump and dump for huge profit, doge coin is notorious for receiving random pump up to 60 satoshi and more and it has been like that from many years nah, it is way too risky. exactly because the price is too low. you see it is a two way street, it can go both ways and on both ways it can burn you badly. and on the way down 1 satoshi is more hurtful than 1 satoshi on the way up can be profitable. on top of that we see the pumps get smaller and smaller so you can't expect 60 satoshi anymore and also they become more rare.
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just another day and another price barrier to break and panic sellers having shaky hands to press sell button faster than the rise and bitcoin still prevails.
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Do we expect to start seeing more buying pressure or demand from Japan, what the 2nd/3rd largest market, officially recognizing Bitcoin as a regulated payment method? This seems very positive overall since it is such a large Bitcoin supporting market... http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/news like this usually create a temporary hype and lead to price rise but that would be short term because this is not going to make new demand overnight, it can however lead to some long term more demand and higher price.
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If you are a beginner invest small is more or less mandatory because you'll be learning and might make mistakes and have unnecessary losses.
investing doesn't know beginner or advanced. anybody, whether it is the first time investing or the 100th time should investigate properly and thoroughly first and then if they found the investment to be good and profitable after the risk assessments they invest. the only difference would be that a beginner would take a longer time to investigate while someone with experience knows where to look.
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For me it were the beginner mistakes that have cost me hundreds of dollars worth of coins 2 years ago. It were the well known "When I buy the price goes down, when I sell the price goes up" mistakes.
This happens to me all the time! haha... I hope I could get out of this rat race. making mistakes doesn't matter, what you do after making that mistake matters. for example if you make some trades and lost money, then sit down and look at the charts and think back about the mentality that lead to the decision and then come up with the mistakes you have made and then come up with ways to avoid them in the future decision making in the similar situations. if you do that then you are successful but what most people do is that they make a mistake, then repeat that mistake and then repeat it a couple more times until they have lost a lot of money. then they curse everyone else and call it gambling and run away!
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We all know Bill Gates the owner of microsoft is the most richest man in the world. Total wealth of $80 Billion US dollars. While satoshi nakamoto the owner and founder of bitcoin only have $1 billion US dollars, Why he cant just generate indefinite amount of bitcoins for him and exchange it to real cash, right? Any thoughts?
your first mistake is calling Satoshi as "owner" of bitcoin. nobody owns bitcoin, it is an open source technology that doesn't belong to anyone. your second mistake is comparing bitcoin (a currency and a revolutionary technology) with Microsoft (a financial place made to make money). the first is a free technology made to improve our lives and be used as a decentralized currency not to make anybody rich. but the second is build to make the owner money. i suggest reading the bitcoin paper on bitcoin.org to you.
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If we assume that all of that would be solved by the end of the year then I'm very optimistic that we could reach 2000$ If not more without any struggle.
Actually i don't think debate on block size will be over within this year or by anytime in future. There will be always some sort of debate because people have different preferences and personal agenda. Talking about bitcoin price, i think it will stall between $1300 to $1500 by end of this year. Support level is quite strong at $1000 but there is also lots of sell wall at ATH price. The debate will never be over, but this current debate will be over and the solution for a reasonably long term will be found. People are right that the price can't keep rising until the solution is found. there is more FUD than there is problem. and when FUD stops price will go up. and people don't say that. instead they say price can't keep rising forever, it needs to stop, have a correction, some accumulation then continue going up. and as for the "problem" price doesn't care about it. it never had and it never will.
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