Not that long ago I would have said it would practically be an impossible target to reach, but with recent developments it's not that unlikely anymore. Also important to add is the fact that we're around 3 years away from the next block halving - meaning, less supply is being 'pumped' in the Bitcoin eco system. If we do happen to reach $4000, or let's say even $3000 within 14 months, then it will later be followed up by the hype around the block halving that will push the price even further! Don't forget that Segwit activation will play an important role too!! With such things to look forward to, it feels incredibly well to hold my coins firmly.

Please, can you only show up when the price is tanking REAL hard? You shouldn't be active now...

Don't look at kwukduck, he is just trolling everyone. No matter how bearish he acts, he is buying and selling the waves all the way up to now - he is making big money. Regarding China, at some point the major difference will be gone. Especially when you consider that the lower price offers whales with enough on exchange funds to slowly buy up everything. Nothing happens without a reason.

Not many people (in relative terms) knowing Bitcoin is exactly where you can see a potentially massive amount of growth come from. I have said that years ago, and I am still saying it; even looking at current levels, there is so much more growth to gain in the coming years than most of us think is possible. Even though Bitcoin reached a $30 billion market cap, it's still a massive joke. I wouldn't be surprised to see this increase to $500-$1000 billion at some point in the future. Especially when institutions allocate a fair share of their portfilio to Bitcoin.

If investors talk about Bitcoin being interesting as investment option, they have likely taken positions into Bitcoin already. It's more like they are tickling others into believing that there are huge opportunities open (which in reality is exactly the case with Bitcoin). It's basically the same with 'market experts' praising certain stocks. Stocks get only praised when they have a position in it already. Nothing happens without a reason. In this case I definitely beleive it's a good thing. More big money flowing into Bitcoin means more liquidity, and leads to a far higher price in the long term. Imagine that 0.001BTC will turn out to be worth +$10 at some point. Not that long ago (and probably still is), people were treating it like dust - eventually that 'dust' will be worth a decent amount.

Reaching $2000 is one thing, maintaining that level for a longer period of time is completely different. Regardless of all the positive aspects that contribute towards current levels, it's important that at this point a so called shake-out has to kick in. I explicitly mention shake-out because it's utterly important to make coins from weak handed people flow into stronger hands. It may sound harsh, but the sooner this happens, the sooner we can move forward, but with less obstacles to worry about.

You should pay attention to the exchange rate of reputed exchanges such as Bitstamp, and not a joke exchange such as Yobit. With a simple cough that exchange jumps up to levels as $3000. No volume, no liquidity, no buy support, etc.

Why being sad when you have made profits? It doesn't make any sense, unless the profits you sold for were too insignificant. In order to avoid such situations, make sure you never sell all your coins at once. If you're looking to cash out profits, then sell MAX 20% of your coins. In this case it would allow you to benefit even further as the price has gone up. And btw, there is no Bitcoin bubble. Forget about that.

Just don't. You can look at what people are saying, that's not a problem, but at the end of the day, you should do your own research. In some cases things don't result in your favor, but that's something you must accept.

It's not really something that I consider to be a bubble. If I look completely unbiased at current levels, then I say that the price is probably 15-20% overbought. In that regard, if a correction takes place, then that's exactly the amount I think the price will go down. However, the main problem for a lot people is - when will this correction kick in. At this point, that's impossible to say. In order to stay somewhat on the safe side, just cash out a certain part of your profits. If the price goes down, you'll be able to buy back lower. If the price goes up, you'll have enough coins left to cash out, and thus benefit from the higher price. Just use your head.

Governments will not do anything without getting something back as reward. If they do something, you must know that there is some sort of a catch. I rather prefer governments to follow this path, than going full nuts on Bitcoin like some other governments are doing. It's basically the same as the legalization of marijuana. People thinking that the government is doing that do make people happy, then they don't know anything. Governments only do things if they see them gain a financial advantage.

If you know what you're doing, and are willing to take the risk, then current price swings can be rewarding. However, if it was as easy as you are saying, everyone with at least some sort of market understanding would be doing it. Looking at the charts and the fluctuations of the last 24H for example is easy, but actually opening and closing positions at the right moment is completely different.

Of course, not.

People not being able to afford Bitcoin isn't exactly the case since you're not forced to buy yourself one or more whole Bitcoins. Buying smaller fractions of a whole Bitcoin is perfectly fine. Other than that, I do agree that people with a relatively lower budget prefer to dive into altcoins, than investing in Bitcoin due to the higher price. However, nothing in the world justifies Ethereum's price to sit at current levels with that many circulating coins, barely any real world usage (aside from speculative purposes), shady ICO distribution, etc. Every dollar that Bitcoin is increasing in value is well justified. Even if you jump on board at current levels, you invest in the future, and not in a token that's extremely overpriced as is the case with Ethereum.

Miners not seeing a solution in Segwit (which indeed is not a solution) doesn't mean they have lost trust in the Core team - it's just something that plays in your mind, and that's it. Thing is that Segwit is by far the best option that we have right now. If the miners that signal BU support right now were really seeing value in BU, they would allocate enough hash power to initiate a hard fork. Let's be honest, if you have zero confidence in something, why would you not directly act and shift over to something that works better? In this case, simply because BU isn't better.

It's beyond insane that Ethereum and Ripple have come this far, but at the same time, they have been very profitable for those that were early enough to jump on board. It will be a matter of time before the roof for these coins is reached. If there aren't any more clowns willing to enter the market at ridiculously high prices, then the billions in market cap that these coins gained, will vanish as easily as they appeared. I already feel sorry for those that believe these coins will increase further in value - people that don't leave the ship on time will be stuck with a heavy bag of worthless tokens.

Bitcoin is getting more and more expensive to pump at current levels, and thus whales will have to shift a part of their focus to altcoins for the best returns. Their wealth is more than enough to make the value of certain coins go x10-x20 (I'm talking about the top coins) in a reasonably short period of time. Look at it from this point -> would you use your power to move Bitcoin's market with 25% at current levels, or will you dive into altcoins where that same amount will be sufficient enough to initiate altcoins to jump up x10-x20? Easy choice, right? Back in the days when the price was just $200 people were speculating about prices of $2000-$5000, but how special are these levels now? 100% increase at current levels means reaching a price of $3400 - the higher the price is, the lower the eventual gains will be.

Stressful? Perhaps that's the case with noobs, but I am sure that the current increase gives people enough joy and confidence to continue holding strong. Especially when you consider that the increased overall demand will not stop - it will further increase in the coming years. In that regard, it will be extremely dumb to sell more than 10% of your stash. People have been cashing out at $1000, $1100, $1200, $1300, $1400, $1500 in order to buy back lower, look where we stand right now - we're $10 away from reaching $1700 on Bitstamp.

If you took the effort to actually read through my other post in this thread (post 7 to be precise, but you obviously didn't read it), then you would have known that I mentioned that it doesn't have to be solely BU causing this spam attack. I gave several examples too...

Doesn't say anything. It's impossible to state the exact reason of these spam attacks. People can only speculate.

Bitcoin being used for illegal purposes is just a minor part of the whole picture. Not sure why you think that criminals making use of Bitcoin is more or less the reason for the price to go up till where we stand right now. Bitcoin's demand comes from a growing global interest in Bitcoin as investment option, plus the fact that Bitcoin can be used to 'disconnect' yourself from basically every central authority. Instead of blaming the tool, blame the people.

# Registrar : NameCheap
# Expiry : March 22, 2018
# Start bid : 0.5BTC
# Minimum bid increments : 0.01BTC
# Buy now : 2BTC
# Auction duration : 48 hours after last bid.
# WhoisGuard included.
# Escrow possible.
# Private bidding is not accepted, unless you use the BIN option.


Premium domain. It has massive potential to function as a platform where people can hire/offer their services for Bitcoin.

Only Bitcoin as payment is accepted.

I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN

Only post in this thread if you are bidding.

By placing a bid you agree with :

# As winner of the auction you pay first if you don't want to use escrow.
# Transaction must be completed in less than 24 hours.

Merchants acceptance isn't an issue. Bitcoin in current form simply isn't a good local payment option if you compare it to all available fiat options. Another problem is that people aren't willing to spend their coins on a massive scale. Bitcoin for the far majority of the people is, and will likely remain an investment tool. In that regard, there are two things that need to change; 1) Bitcoin must have implementations as LN operating in order to make Bitcoin a far better payment option. 2) It's a mentality factor that needs to change - people need to start seeing and using Bitcoin as money, instead of only as an investment tool. People are far too short-sighted.

Problem is that there are several entities that will benefit from choking the network with rubbish transactions.

Ver & Co; Making Bitcoin in its current form look bad as it can't cope with the large number of transactions. (hint...hint.... BU is the solution!!)
Pools; Forcing people to pay a higher fee.
Investors; By choking the network they hope to force people to move to the altcoin side, where they buy extremely overpriced coins.

And there may possibly be a few more scenarios, but the first two mentioned options are the most likely ones. Bitcoin in current days is infested with people only looking to nurse their own greed. These people will take every step necessary to accomplish their goal. If they have to make Bitcoin look bad for that, they will have no problems in doing so. As always, it's money that's the main driver.

In order to double your postion at the time you buy back, it means that the price will have to go down with like 50%, and exactly that is something I don't see become reality. That's not a correction anymore, but a massive crash. Also, as you stated, the price will need to come down in order to buy back. If you sell too soon, you'll risk falling behind as the price will likely move up further. Buying back isn't as easy as it may seem. If you time it wrong, you'll end up in a big disappointment. In that regard, for the average person it's better to just keep holding.