Gambling is indeed a way to increase the number of coins that you have, but it's also a way to quickly lose everything you have. So in that regard, it's by far not an option that you should take seriously in the way that you see it as an investment option. Trading is the best possible option when it comes to doing so. It of course requires you to have the right set of skills and experience, but when you have all that, you'll be making nice profits. Buying is just an easy way of increasing the number of coins that you have. I prefer to increase through making profits whilst trading. That feels the best.

I am a bit surprised too. Especially after reaching the $900 level I would expect the mainstream media/news channels and sites to at least mention how Bitcoin has been performing prisewise. But no, nothing of that. It only got covered at very small news sites, but that's basically it. What did get mentioned by the mainstream media/news channels, is that a Bitcoin millionaire went broke due to his telephone number that got compromised where he lost all his coins as result. This just shows that negativity gets posted, but the positive aspect of the current price does not make it there. Pathetic media.

Reaching $1000 and maintaining it are two different things. Before we can look forward to what has to come after finanlly reaching $1000 again, we must be able to put up enough buy support at various levels in order to keep the price there instead of wobbling up and down between three and four figure prices. And who knows what will happen once we finally touch the $1000 level again. It's no surprise that when we are doing well, out of nothing hacked services and exchanges pop up taking the price down. It's nothing new anymore.

What if someone has reported a thread as being posted in the wrong section, but a staff member spots it without looking at the reports and move it to the right section himself, will the reports then vanish, or will they remain active even though the thread has been moved to the right section. If the report stays active, and a moderator or other staff member sees that the report shows "wrong section" while it has been reported before the move, then it's obvious that the report will be market as a bad report.

These dips are great for day traders looking to exploit the volatility, but other than that, the price is still on the higher side in order to be interesting enough to buy for the average person. Right now the best option is to either secure some profits as we are heading higher, or just to continue holding. Buying is something that people should have done at levels well below the current price. We have had enough of these rallies to know that it never lasts very long.

The stolen amount is too insignificant to have any sort of impact on the market, which is exactly why the market doesn't seem to care at all. I am sure if this was a major exchange, that the price would already be on its way down. I have such a feeling that this isn't the only hack or "hack" that we will be hearing about in the coming weeks. It's no surprise that always when the price is going up in a rapid manner, something will pop up attempting the price to plummet again. I am nearly certain that these are coordinated attacks.

It depends on what your intentions are. No matter what kind of holder you are, you definitely don't want to miss out on securing profits at certain price levels. It doesn't mean you have to sell a lot, but just so you get a good feeling where you might benefit in the way that when the price goes down, you can buy more coins for the same amount of money. In the long run you'll end up holding much more coins than where you started with. It's called smart investhing. Current levels are perfect for that.

It has nothing to do with the development. It's a pure wave of panic buyers that is going through the market right now. People are just blindly buying as they only focus on the price to reach $1000 any time soon. They however don't realize that the current price is already overbought. Greed is taking over heavily right now. I wouldn't want to step in at current prices. What's wrong with just having some patience to see the price go down again instead of buying right now? I am fairly sure that for now, there isn't much steam left. Correction is imminent.

I think there are several factors as to why they are not (yet) willing to invest their money into Bitcoin.

I'll list a few reasons;

- Still too many large holders (early adopters) with insanely high coin stashes, with Satoshi as perfect example.
- Mark Karpeles still holds around 500,000BTC somewhere. Don't forget that he before the theft also had like 100,000BTC from his own.
- Hacks with large number of coins getting stolen.
- Volatility.
- Market isn't liquid enough for them at the time they want to pull out.

And surely there are more reasons, but these come to my mind right now.

I secured profits with like 5% of my coins around the $850 level, and I am now just waiting on the side lines to see what will happen. But then again, how do we know you actually sold like 50%. Will you sell the other 50% at the time the price happens to reach $1000? And if you really bought your coins between $5-$30, why haven't you sold this 50% at the time the price reached its ATH back in 2013?

I am fairly sure that at the time the price happens to come close to reaching $1000, that large players will set up large sell walls just before $1000 in order to not let it reach that level. In that regard, I believe that breaking through the $1000 barrier will be the most difficult target. Even if we happen to reach that level at some point, it won't be maintained for long. It will need several attempts to finally settle above $1000. But as soon as that is done, I am fairly confident that we will break through the old ATH without much problems several months later. The only certain thing is that we can wildly speculate in advance, but only time will tell what will happen.

I am prepared for whatever increase since I bought the majority of my coins below the $300 levels. I am securing profits every now and then and enjoy looking at what the price is doing. I can stare at the live charts all day. It's better than television with an ongoing bull run. 150BTC that you have is definitely a great amount to hold, but it would be interesting to know what your average buying price is.

It will never change. Hot wallets are connected to the internet, and thus a very interesting target for hacker thieves. It's not that all people keep their coins on exchanges without withdrawing them. Plenty of people are trading where the trading sessions can last days, perhaps even weeks depending on the intensity of the volatility. In that regard, traders must have a certain amount of coins and money in their exchange account in order to continue trading. What I personally do is, when I am done trading, I withdraw all my coins. That's a basic rule for me. If I am going to trade again, I simply deposit coins, and do what I want to do, where after that I withdraw them again. Very simple.

Gold will be a very long term investment if your target is to double your money. In that regard, you have to take more risk if you want to double your money in a matter of years. I personally am not a fan of investing in real estate as it takes plenty of years before you even get to see the value increase with just 10-15% in the best case scenario. Don't forget that you have to pay all kinds of taxes, need to have plenty of documents, etc. Too much hassle for such a lowe reward. And then we are just talking about a scenario where your property has gone up in value like 10-15%. It can very well go down in value. Especially in times where it's not easy at all to find the right buyer.

The majority of the people here are nothing more than yolo investors (ahum, gamblers) as they don't think at all about what risks they are exposing themselves to. They just assume/take for granted that the price will go up with as result them making profits. That's however not how markets work. But they don't seem to care it seems as their behavious isn't changing.


Absolutely right, but in order to make money work for you, you still have to work to get money.

I am running 2 full nodes at this point. I personally don't need/want any reward for doing so as I just want to help the network, but it might be a good incentive for people to run full nodes. It time on time again surprises me how low the number of running nodes is, and yes, it has been in decline for years. Another thing is that the number of nodes should be places all around the world, and not hundreds of nodes being hosted from just one data center. That would not really help to achieve some level of decentralization. And then you have the problem of which nodes you must reward. Other problems are how much would they get paid, and what will the pay schemes look like, who will pay for it, etc.

No doubt about that. People right now are blindly buying without thinking about the consequences of the pump coming to an end. It's pure greed in combination with the fear of being too late to be part of the moon party. I'm glad that I can just look at the price and secure profits. I would never buy at current prices. I only buy my coins when the market is looking like a war zone. No one knows till what price levels we'll see this rally continue, but it's not hard to imagine that $1000 would be some sort of a barrier. I personally think that from this point, there is less than 10% that we can go up. In that regard, it might touch $900-$920 before we see the price go down again.

This $140 difference might not look like much, but I doubt it will happen. In this pace I think the chances to see $900 are fairly active, but at some point I do expect the dumps to kick in. Nothing can only goes up without seeing a correction.


It's pure panic buying that people are doing right now. It's just buying and buying while the thinking aspect is not there. I persoonally don't mind it as I am securing some top notch profits, but it's going up too fast. There is no time for the market to calm down and settle. It's a run bull!!

No. If you're talking about trading Bitcoin, then it's of course different from when you are trading altcoins, but in general, no one knows what exactly will happen, and when something is about to happen. If you're a regular trader, then it's of course a good bit easier to trade Bitcoin where you are developing a good level of skills, but you're always subject to what the whales are planning to do. In that regard, it makes it far more difficult than trading stocks. When it comes to altcoins, then it's just gambling. No research will help you here...

With stocks you can focus on a company or industry where after a decent amount of research you can see that it will light up in the coming years. And from there it's fairly easy to assume that certain companies will greatly benefit from that. That also goes up for when a certain industry will be facing though times. But you're required to have far more patience than is the case when you would be trading Bitcoin. Bitcoin is far more subject to volatility.

BTC-E is being kept below the $800 level on purpose as this allows certain traders to profit from the arbitrage opportunity. People there will of course slowly eat through the sell order which will result in the price touching $800, but that's mainly due to the fact that this exchange hasn't much traders with enough buying power to make a real difference. It's just a few large traders ruling BTC-E with iron fist. Right now there is nearly 600BTC worth of sell orders from $795 to $800. For other exchanges it's nothing, but in BTC-E's case, it's a lot.