My roommates name is on all the utility bills right now so that's the main reason I bought on coinbase. I figured I'll just hold my coins until I can live like a king in some futuristic sci-fi movie future.
Are you a youngin'? Why itching so badly to sell your investment? A long investor must go long, meaning years. Warren Buffett has suggested to hold an investment for at least 10 years to see any real return. Can you do that? I've bought and held my bitcoin for 3.5 years now, and have never sold any in that timeframe. Will keep holding all for at least another 5 years before starting to spend any, and will carry much to my grave and pass to my children. Will continue to buy occasionally when I have extra money. |
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800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.
What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.
Every number seems to be magical for dee torque. Go figure!!! Can't wait for dee torque's reaction when we are passing quickly thru $1,234.56.  . And then settling back on $1199.9999.  |
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800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.
What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.
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for the past 69 weeks bitcoin price has risen almost $10 average per week. (bitstamp) if this trend continues we will have a price of: - $1300 @december 2017 - $1800 @december 2018 i could live with that.  edit: but i think there will be another run-up inbetween. but when? I could live with that too. So many shortsighted bitcoiners don't realize that as a long term investment, bitcoin flat out destroys any 401K, IRA, or mainstream stock vehicle by a long shot. Hell, just using it as a savings investment, at an increase of just +5-10% a year it would do hella better than any fiat savings account. And the great thing is, the bar for entry is extremely low, since you can purchase any small amount down to virtually dust. And then throw in the occasional bubble and whoa... At the very least, college kids who have graduated and hampered with student loans should be throwing extra money into bitcoin, so that one day it will help them payoff the remainder of those loans faster. |
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Will be interesting to see what Yellen does tomorrow. 0.25% rise expected, which will upset the Chinese and prompt further outflows of money using your favourite vehicle for avoiding capital controls. Question is whether it's priced in, or whether it will knock BTC decisively through resistance.
BTC is holding up remarkably well against the dollar. It's a miracle. How long will it last? Its a sign of things to come. BTC has matured, next stop 10k. All I know is there is no f'g way I'd buy a $777 bitcoin. Would you? Of course you wouldn't, because you couldn't afford that much anyway. Also you must be dense if you don't understand that 10 people buying ~$77.70 worth, or 100 people buying ~$7.77 worth, produces the same result. We have a fresh new troll here, wee! |
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Get ready for the bump in t-minus 5....4....3....2....ok maybe sometime this evening.  |
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Risto, what is it that you seek?
Inner Peace?
Salvation?
Enlightenment?
Knowledge?
Wisdom?
Wealth?
New World Order?
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I used to be a big proponent of gold and silver but I don't see them going to those valuations.
Crypto currencies are the future.
Unless we will see another exchange hack or some other shit news will cause bitcoin price to go down by 50%. With gold or silver you don't have to worry that gold exchange could be hacked, because the gold derivative price is fixed by colluding bank cartels and the underlying physical gold isn't there any longer anyway. The whole PMs market is one giant, global Ponzi scam.FTFY |
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Good mornin' Bitcoinland.
Still going flat sideways for a week now... $777USD/$1027CAD.
Coiling for a big move in which direction? My guess (surprise, surprise!) is up.
I don't want to ruin the hype but who is buying when the price is so high? I see $777 and all I can think about is those poor folks who bought at $2000. How much higher do you think it is going to go? Well JJG says somewhere between $3K to $5K. I'm sure that any day now he'll provide some detailed analysis as to why he thinks that, as well as give us some exact dates as to when it will happen. Still waiting.... Hahahaha... By your earlier "China" post, I was beginning to consider that maybe, just maybe, you, Torque, have a decent sense of humor, but instead you are going back to your nonsense trolling and your kind of butt hurt communications. I don't really need to provide any further details than what I have already provided in my several posts on the topic because there are a lot of other folks who are much more technical than me who are making all kinds of predictions that are reasonable, including the link to the Megabull prediction provided by Lauda, above. https://bitcointalk.org/index.php?topic=178336.msg17119750#msg17119750Yes, take each and everyone of these kinds of predictions with a grain of salt and as within a spectrum of possibilities that may play out, but may need to be tweaked under changing circumstances. I do Ok, I think we're cool now JJG. As long as you finally realize that a) speculation is just that, pure BS speculation, and b) that not everyone that disagrees with you or has an opinion that differs from yours is "trolling" the forum. By your post history, you seem to believe that everyone here that might have a short term bearish sentiment is a mere bear/troll account that needs calling out, which is just not true. As a long time permabull that has outlasted many others on this sub forum, I get prickly whenever someone tries to call me out on some short term bearish sentiment I may have (which I don't have right now) depending on the day, and try to paint me as a troll. I can guarantee I'm a bigger long term bull than you and many others are. It's my opinion that we should have been well north of $1K many years ago, that's how much I think bitcoin is undervalued right now. That being said, though, just throwing numbers out there with no data to even remotely try to back it up is nothing more than uninformed cheerleading. Which is fine, just call it for what it is. |
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Good mornin' Bitcoinland.
Still going flat sideways for a week now... $777USD/$1027CAD.
Coiling for a big move in which direction? My guess (surprise, surprise!) is up.
I don't want to ruin the hype but who is buying when the price is so high? I see $777 and all I can think about is those poor folks who bought at $2000. How much higher do you think it is going to go? Well JJG says somewhere between $3K to $5K. I'm sure that any day now he'll provide some detailed analysis as to why he thinks that, as well as give us some exact dates as to when it will happen. Still waiting.... |
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Looks to me like we are getting close to a make or break point in the rally in the next couple of days.
The next 24 hours are critical? might take longer than that, but TA-wise, I would say yes. Maybe the next 26.666666 hours are critical or the next 29.999999 hours, right Torque? Nope. Only $769.9999 matters now. Because...  |
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I see all this last minute negative news as bullish AF for Bitcoin. The media has said next to nothing about bitcoin's entire rise this year (up almost 100%, handily beating almost all mainstream equities), but has to pounce on and poop out a few negative articles here at the end of 2016. So what does that tell you about next year? Remember, they need Average Joe to first hesitate, then finally come in late in the game and end up the final bagholder. "When everyone else is fearful..." |
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Do you like $749.9999?
No? 'Cause that's what you're gonna get from doze "Chinese" whale traders. /s
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Rpietila,
Glad to hear you are well and in a good place.
Just curious, what are the electricity costs where Malla is located? Any chance of bitcoin mining in such a cold place?
Also a side note - wood stoves are really good at efficiently heating a house, even a big one. Might be an initial cost to purchase and install, but have 2-3+ wood stoves installed in just the right places, and they can heat your entire house all winter long, or even year round. Not sure if you have already thought of that or not, or if it could be done there.
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I'd feel much more bullish if segwit was getting activated
... member when one coin was 15 cents ?
oooooh, I member!  Brilliant! This post I will definitely member  |
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Whatever you do, don't buy bitcoin at the beginning of a year. Because, ya know, it could nearly double at the end of that same year, soundly beating all other investment vehicles on the planet.
Oh, wait...
then it's better to buy at the lowest point which is the beginning by your logic, instead of waitjn nearly the end and the double of value, isn't it? Yeah, you're right. Bitcoin couldn't possibly double again its current value by the end of next year, now could it? And the "lowest point" now would be what, exactly? The lowest point was when it was launched, was it not? (mumbles to self: this board is full of fkn idiots, idiots I tellz ya!) |
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Whatever you do, don't buy bitcoin at the beginning of a year. Because, ya know, it could nearly double at the end of that same year, soundly beating all other investment vehicles on the planet.
Oh, wait...
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