Yes, undoubtedly it seems an interesting support level but I can see a more likely bullish scenario because of the current stability of the bitcoin price and the interesting events to come. I think the price hardly will touch the $370 level again during the next months.
And I think the hardly will be able to touch the $400 again within the next month, now it will continue to increase rapidly and at the halving the price will increase to double the current value. Yes after looking at the price increasing spped I am also thinking the same that the price will now not come back to $400, it will now continue to rise and I think if it decided to go back then will reach to about $500. Little by little. First stop is $450, and only if we pass there, we can think about going to $500. And then again, the question whether we are able to hold it. 350 is a solid bottom. I do think it can reach to 300 again but maybe that is just me being paranoid. If 350 is the new bottom things are really great from 200 to 350 is just 1.5 year. $350 is the bottom. Soon the price won't go down, the situation might change only when large accumulation takes place due to few users who hold large volumes. |
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nope, because I don't want to spend 40 minutes in public transport to reach coffee shop to buy overpriced coffee just because it is cool:(
I think you mean starbucks. But i understand this point. It is quite hard, even in you live in the city to find a shop which accepts bitcoin. I hope this will change in time. The scenario would change with large stores next to us accepting bitcoin, but those days were not near. It takes years to reach such a level of acceptance among stores and people. |
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I fully agree that Bitcoin can not replace paper money, but it can become unified world currency accepted all over the world  As mentioned replacing fiat or paper money is imaginary. It might be accepted by most users as an unified payment portal for higher transactions which takes time if processed through banking network. |
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Bitcoin is becoming more popular nowadays but I really think that it will take long time for bitcoin to become a global currency as majority of people are still not aware about bitcoins.
I think bitcoin this time is not so popular yet. there are still many people do not know about bitcoin. You can see the evidence to ask the people around you. bitcoin takes a long time to become global currency Bitcoin needs some more time to be the best of all, and it can be done only if there great level of adaption, if adaption is less it can never become global currency. Bitcoin needs lot time to evolve as a global currency. Due to the increased adoption people may prefer as an alternate payment gateway but never fees this to be a global currency as its not legalized. |
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I doubt there would be any alternative cryptocurrency to BTCitcoin (in the future), that could keep up to what level BTCitcoin is, so in short anyone trying to create such currency, would be just wasting his time. BTCitcoin has been the new king of all the currencies but the problem is, it's still not that recognized by all and that's the only problem (nothing else that serious enough to harm it).
I too believe bitcoin to be the king of cryptocurrencies. Every alternatives were developed following bitcoin. So even after years bitcoin continues to be the king as it has got the highest price, popularity , users as well continued acceptance unlike other altcoins. |
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I think you should better out of giving loans or anything that may be harmful in your coins.Loaning is not the best way to increase your coins because 80% of people expectedly newbies will contact you and will request to give them a loan and after that they will gone.
That's obvious, but you do have your right not to give loan to those newbies right? Just give loan to those who's in need and has collateral. Then it surely is the best way to earn profits instead of storing it in wallets for nothing. Yeah giving loans for people you not know is super duper very risky because high chance of that they will not paY Just avoid its very dangerous to your money. Good idea is up there just save you bitcoin in wallet and wait for halving happen and you get profit instead of giving loans. Halving won't happen every year, so if you try to make profit lending is also a good option when you can get proper collateral. |
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My friend introduced me to bitcoins saying that its gonna be a future currency, and I was quiet impressed with the overall structure of bitcoins, and I decided to enter the world of bitcoins.
I too have been informed about bitcoin by one of my friend. When I too came to know about it, I to didn't believed but now I feel the reality. |
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Invest in both if you can afford to, as investing in both is the smart thing to do as you can expect higher returns from either of two.
As said its better to invest into both. The reason why I suggest is if something goes wrong everything earned hard will be lost, but if you make equal investment in both you may not face a big loss. Its good to divide your risk by investing in both the products, as even if one product fails in future the other product will take care to recover the loss. It's right, at the same time I think one can continuously observe the market. Invest at the right time to avoid risk and make profit. If so only profit is yours. |
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The best thing I like about bitcoin is that I can gamble with without involvement of middle man and even with the least amount which no other currency offers.
That's good, If you are gambler and gambling then you can do directly send and receive and main thing in our country gambling is the illegal so its better way to gambling and no one can find out who are gambling here. That is the good thing about bitcoin as gamblers love to gamble with bitcoin and the profits are transferred instantly to your bitcoin wallet. Yeah gambling through bitcoin is easier and it has made most users the security of transfer of bitcoin even in countries where gambling is completely banned. |
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This not a good idea to keep your coins idle in your wallet. but for next few months
you can keep them save and ideal, because halving is coming
The right time to use your idle coin comes within few months. Idle coins are much helpful an big profit during this days even if the idle coins you had in your wallet is very low. |
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I am trying to teach my friends but they are not interested in it, they have a feeling that bitcoin will not last for a long time and it is a illegal currency.
Everyone feels the same when they come to know about bitcoin for the first time. Decentralized nature automatically makes users to think more about it. |
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I really trust bitcoin, and I’ve been making lots of profit from it, so you can really trust your money into bitcoin. I started investing into bitcoin since it was introduced, and starting from then till now, I have made lots of money, and now bitcoin is more than $400.
You are very lucky man  I wish that I could hear about Bitcoin from the very beginning. In such case, I could also make nice profit from it, the same as you. Now, I don't think such profits are possible any more. Value of Bitcoin already increased a lot, we have many more users and now we are not any more big news, or revolution, but more like another marketing product, which depends on supply and demand and customer behavior. So, like in every market, you can earn or loose. Profit and Loss will always follow any investment you make, and that is the real fun I guess, take higher risks and try to earn huge profits from it. As said if you make investment in the right time in the right firm automatically profit is yours. You need to do a research before investing on any of the firm. Risk is involved everywhere. |
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hope. continue to expect bitcoin prices hit a peak in 2016
Well, everyone is hoping that price would really reach ATH this year because of the halving...That I think is one reason why we believe that 2016 is the year of the bitcoin... Main hope is from halving, and everyone is positive that price will boost up at halving, which will make year 2016 best for bitcoin and its users. Yeah halving only decides the years rise. Most believe this to be the year of bitcoin, but I believe this to be one of the best year of bitcoin if halving makes big change. |
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I hate that I only got interested in bitcoin recently. If I'd been able to buy some bitcoins when it was still dirt cheap, I'd look like a smart guy right now. I was more into stocks and mutual funds before, but now that bitcoin seems to be gaining more popularity, it's high time for me to buy more before I get left behind once again.
That's not a big issue. Being into bitcoin now too doesn't looks to be so late. If you work hard with bitcoin possibly you will earn high. |
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Honestly, for now if i suppose you i will hold my bitcoin for a while and wait the price growing up although the process is slowly.
Right now you can hold your bitcoins for a price increase till halving. You may get a good earning if invested after the halving price increase. Also you can try with the lending in the services section. |
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sure is possible but you must be very trusted user, you can easy buy from localbitcoins, soo many users accept paypal, but you need to get reputation first
To buy bitcoin through PayPal from localbitcoins.com is the best option. Here the buyer doesn't require any trust to make a buy, Sometimes you maybe asked to provide proof of you. Verify the trader and proceed further. |
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I am earning 1 btc per month thanks to gambling and trading, everyone feels that it is risky but I really don't think so, I am doing it successfuly.
Congrats mate. I too have the hope of earning a bigger amount through gambling. Till now I failed, I'll try hard and make it possible to grow my bitcoin through gambling. |
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Bitcoin is going to 500 by the end of week And i think there are 2 solutions when block reward is halved, it will reach 1000$ or it will die...i dont see profitability of mining half reward for same $ with harder dificulty..maybe china have cheap electricity  I honestly do not think it will rise to the amount of 500 dollar by the end of this week, it will take some time to still rise 50 dollar more in my eyes. Most likely it will happen around the beginning of the next month indeed. Eventhough it won't happen by end of this week, possibility is still high to get at that $500 floor even without halving that will happen because that is expected to happen and no one can stop it even another tantrums by a core developer. We will see $500 bitcoin in next couple of weeks, and it is predicted that bitcoin will achieve this value before the halving and that would be the best value to hold. Predictions are not meant to be happened accurately. Chances are always there. But mate that $500 price is easy to achieve with the current status of bitcoin. You know we can reached that price even without halving. As I can see that bitcoin value are increase it mean that in the middle of the year, bitcoin value will increased. Also I see the graph has high trend which mean positive market toward bitcoin Bitcoin has started rising towards the positive side. I believe the price will continue to rise even on the middle year as quoted by the above mate. |
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The price going to 450 is good. The steady progress makes me believe there is more to come Altough you never can be sure.
Let's wait and see where the price will be next week.
Bitcoin touching $600 is expected by every users as within few days a lot change has been felt in the bitcoin price. Most probably $600 comes true soon. |
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Price today was at $424 and dropped now to $417, even though it is near (not to far) from $450, I don't have any plan to sell at this price, i expect to sell higher and probably after halving when the price should be increased a bit.
We have seen this happen a lot. When the price tends to go up a bit, a dump pops up making the price go lower again. At the moment it's only a few bucks, but it also happened when we were above $450. The price was dumped down to lower $400's shortly after that. but I guess this is not the right time to sell bitcoin. maybe if bitcoin until the price of $ 450, the price may still be raised to a higher price. I will not sell my bitcoin in the price of $ 450 because I think it's just getting a little profit Truly selling your bitcoin at a price higher than $400 surely gives you a good profit, right now most had suggested to hold just for the reason of halving. On halving you might experience a very good profit than selling now. People buy or trade for bitcoins in many different rates and selling for $400 each brings no profit to them. Everything 500 and up should be considered a small/good profit but i hope too that the price will be increased at the halving. I think we will see some type of bullish rally going back and forth after the halving.. But it`ll eventually come around to that price range of being the new norm of $500. For the time being, the new norm is $450. If the price stays around $450 for some time, and does not drop below $430, it is good for the future price. Yeah we are in new price tag of $450 which is trying hard to touch the $500 margin. The increase is continuing without major falls. So every user were getting good profit on selling. |
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