Just holding your coins forever does not mean that you will get a nice profit at the end because the price increase will only happen when we all
spent our coins a little bit if we all just hold our coins the price wont increase just believe me.
holding coins offline means less potential coins coming on the market and get dumped causing the price to go down. just imagine what will happen when the supposedly 1,000,000 coins from satoshi get spent/enter the market. believe me, you won't recognize the price anymore once that happens. especially at these prices. |
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The title of the thread can make this thread with long life. The price dropped a a lot today, it is around $630 now.
The price is around $550 now. It is $80 down in the last 24 hours. But there is no need to panic, the price will rise again. Its just an speculation that price will rise again, but I don't think we will be able to see all time high price at halving as it is going down and down. I just heard the SegWit will be implemented soon. So it could increase the transaction capacity. That could increase price. i first need to see everything gets rolled out in a good manner before getting excited. if things don't go to plan, then prepare for a massive dump. |
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Bitcoin is stable nowdays around $650 for 3 days, i think this price will stay stable till halving and then it's shold start decreasing, correct me if i'm worng.
I think It's a bored weeks for bitcoin, the price looks dont want to moved like a slight stuck on the range $600-$650. i hope this will not goes for a long time because now is near to halving. bored? i have made enough profit while trading against the volatility, so i'm not sure why you think it's boring. maybe because the price isn't moving closer to $800 or $1000? just have patience. |
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maybe in future bitcoin like other currency, each shope will accept it, the goverment will make new rules for bitcoin tax and bitcoin transaction, and sure it with be legal  yeah I also hope that bitcoin same as other currencies received by the government and many shops and merchants accept bitcoin. but I think it would be quite impossible if the government legalize bitcoin in their country? if the government prohibits bitcoin, bitcoin is it will have good future? The future of bitcoin depends on how it gets support from the users, if users keep on increasing then it will have a great future ahead, and if not then it can disappear. Paying for purchases is just one of the many uses of Bitcoin, but it is possible only in very few places, if this is enhanced along with good adoption bitcoin can have a good future. it will be great if we can pay directly with bitcoin in every store anywhere in the world, but we need to have a lot patience before this is going happen. if you can't wait to spend your coins anywhere in the world, then you can sign up for a bitcoin related debit card. you just make sure you deposit coins into your card and you are ready to spend everywhere. it's not quite the same as directly using bitcoin as payment tool, but it's better than nothing. |
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I joined up over here in 2012-13. At the time it seemed like a way to make a quick buck. Overtime as i read about it more and more, i became interested in the freedom it provides. As time has went on however, my interest and belief in bitcoin have waned. I won't get into the details of why, but i'm wondering what your honest opinion of bitcoin is, with a simple vote, and possibly an explanation.
TL;DR seems bad right now, maybe take a break. You'll likely get re-interested. I also joined up around 2013, and I fell off from the forum twice during that time and now. I entirely understand where you're coming from. Back when Bitcoin popped to $1k/piece, I was immensely interested in it. I came on this forum soon after I started learning about Bitcoin, and then worked for ~$230 in Bitcoin back when it was $700-$900 each. Then the crash to $200 came around, I bailed and bought PMs at $550. I stopped here for about a year and a half, no signature campaign, nothing. Interest in Bitcoin was destroyed. Come back summer last year, try getting back into the signature campaigns, but this forum was dead, so I gave up. No new threads or new content to discuss. There was no way to be interested in the forum and actually want to do anything, since a new reply would happen once in a dozen minutes. Leave, come back a month and a half ago, find forums alive, having a good time. In short, it'll seem lame right now, but you'll probably be re-interested in some period of time. Just find a new aspect to learn about. I dont believe into the bitcoin anymore and that is because there are to many people who are saying that the halving will cause the die of the bitcoin so i think it is not worth to invest into the bitcoin again. If the price keeps dropping i think everybody is going to sell their coins when the price is in the 600 dollar. you shouldn't believe what fud spreaders say. they just want to make you think bitcoin will die so people will sell their coins in panic. that's it. the block halving will just make sure the supply and demand levels come closer to each other as block rewards will drop from 25btc now, to 12.5btc after the halving next month. also, only noobs sell when the price is going down. don't be one of them. |
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Is this an effect of incoming halving season? Because during those months when
Halving is quite far btc price is quite stable just saying because
I still consider my self newbie in this industry
I think the halving is already priced in. The price will not be too high just after the halving. It could be around $800. the block halving is indeed priced in seeing the price sit above the $600 price level. but that doesn't mean the price won't go up anymore. we still have the hype that might initiate another bull run very soon. |
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Each sell off for me is an opportunity to buy more bitcoin at better prices. storing for the massive increase to come.
Good luck with this strategy but i personally think this high volatility period is good for day trading buying and selling for profit in same day. I agree with you. But it is not good to day trade if it was so stable like now. Waiting for another pump ill just hold my bitcoins tight. the price right now isn't that stable. just look at the charts to get an idea. within 12 hours the price dropped from over $650 to $621 and went back up to nearly $640 and is now sitting at $633. if you know how to do day trading, you will make yourself a very nice profit. and btw, how the market is today, it has also been like this the last week. it goes up and down all the time. |
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It is really time to buy because the bitcoin dropped allot in just a couple of days and i think he will rise again you know. So if we all invest into
the bitcoin right now the price wil go up and we will all make allot of profit so why dont we start just today.
the entire bitcoin market is a whale market. we as normal traders and buyers don't even make a dent in the price. in order to make the price go up we need a few hundred people to start buying at the same time to create a pump. but then again, the pump is created and whales will dump the price down by securing profits. don't feed the whales. let them feed you.  |
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at this point it is better to wait and see what happens with the price and jump in when thngs became more clear and price has became stable so you can be sure about the bottom and then buy at that price.
yeah I think it is better to be patient and see what happens. do not be too hasty to sell and do not panic. because if you sell now maybe you will be losers. you'd better be patient halving yet to come and I'm sure the price will go up yeah wait a stable price and then you can buy bitcoin Yeah and we have been waiting for halving since long time and if you sell now just before the halving then that is the worst decision of your life, have patience and hold it till the halving. we don't know yet whether or not the price will go up much higher from the price today at the time the block halving is happening. people just assume the price will go up. and maybe we have already experienced the pre-block halving pump not that long ago. if that's the case, then we'll most likely hover around the current price for a longer while. we'll soon figure out what will happen as there is not long left till the block halving. |
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Bitcoin is stable nowdays around $650 for 3 days, i think this price will stay stable till halving and then it's shold start decreasing, correct me if i'm worng.
once the halving is done all the speculation and hype around the block halving will be gone instantly. that's when i expect the price to fall down quite a bit. i just hope not again to below $500 prices. if we can stay at least above the $600 price level, then i'm totally fine with it. |
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I am not selling my BTC, however I do realize it will go down further. In my opinion, its a good time to spend some money on it and invest.
if you believe the price will go down, then it's better to sell according to your feeling. that's if you are short term minded. if you are only interested in the long term, then keep holding your coins stored offline in a secure manner. |
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With the much hyped price explosion due to halving, i don't think the price will remain above $600 for long. What I know is that there will be a slight disturbance in the price prior to halving and it will come down again. Those wishing to sell should do so just before halving because it is at this time that the price will rise. after halving, you will be surprised that the price will also be halved.
I have different opinions. The price will remain $600 or at least $500 for the next few years if there is no big bad news. i am quite sure that the price will increase more and more throughout the years. if we at some point manage to settle above the $1000 price level, then it's a fantastic achievement. it will take a lot buy support to keep the price at $1000 as people will dump like there is no tomorrow as soon as the price hits that level. |
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Are you nuts?
BTC will never get to $0 it could get to $0.01 but never to $0 as that would mean that it worth less and this is not possible. That would mean that the blockchain has failed too which I can not see that happening.
If it is worth $0 it just ends. Miners stop, users stop, the end. if you put it that way, then yes, miners will not continue with mining. i very much doubt that bitcoin will ever go below $1 as it then will get supported by wealthy individuals that are looking to create plenty pumps and dumps to make profit. bitcoin will always have some sort of value. it will never go below the $1 mark. |
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I'm going with yes on this one, due to the fact that people included this in BTC in order to maintain stability so, yeah!
With the halving that is happening next month the price should rise in order for the miners to have a profitable business, and because of this it will benefit us holders enjoying a profit on a short term investment. the price has already gone up quite a bit compared to last year. remember the time that we were below the $300 for such a long period? if you take that into consideration, then the price has doubled within a year. people seem to forget that as they are only interested in seeing the price go up further and further. the growth that we have realized in the last months don't seem to interest them much... I bought my coins at $220 last year and to be honest I am really satisfied with current price as price is at $650 so even if I sell now I can earn huge profits, but still would prefer to hold till halving. it's always good to see solid holders get rewarded for their patience. depending on how many coins you have bought at $220, you can always choose to cash out a certain percentage of your coins, just to be on the safe side. i bought the majority of my coins below the $300 price level, and i secured some profits well above $700 very recently. the rest of my coins will be kept offline till the price goes up again. |
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Let's face it. Brexit is overhyped event and has really little to do with changing any economic equilibrium in Europe. I thought that it will be more impactful as well.
But England won't be out of EU for at least next 4 years. And North Ireland and Scotland both want to stay in EU.
people are always looking for things that might shake up the market. while the brexit does affect the stock market and the value of the gbp, it has zero effect on bitcoin. and maybe they will not even leave europe as things are not settled yet. |
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I'm going with yes on this one, due to the fact that people included this in BTC in order to maintain stability so, yeah!
With the halving that is happening next month the price should rise in order for the miners to have a profitable business, and because of this it will benefit us holders enjoying a profit on a short term investment. the price has already gone up quite a bit compared to last year. remember the time that we were below the $300 for such a long period? if you take that into consideration, then the price has doubled within a year. people seem to forget that as they are only interested in seeing the price go up further and further. the growth that we have realized in the last months don't seem to interest them much... |
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Well I think it will cross above 800$ but it would not get so far from that.
Even that is great success! And if we can hold this price until new year that would be great work, cause that would mean that bitcoin is serious thing. Well for us its serious already, but for people who never heard about it will mean a lot. Now many more eyes follow btc halving then 4 years ago, that means something. No that will not be the greater success as you will see that after halving $800 will be a much lower value for all of us and we will see the price of bitcoin at more than $1000 and after that we will wish for the price to reach to more higher level. if price is to follow the natural path and grow then it should take a much longer time to reach $800-$1000 and above but this is not going to happen and the rise will be because of the hype if it happens fast and right after halving. $800 is possible to achieve before the halving and if it doesn't then I don't think that it can touch it after the halving as price will start to fall once the halving is done. Yes, it could even happen by the end of this month early next month. I still believe that the halving is still in the air, the price have not fall back hard from its previous rise, so that only means that bitcoins will surprise us again with another skyrocket. It will be really the best moment if bitcoin surprise us in coming day, as current price is not too good to sell, hope at least it reaches to $800 so that I can sell my coins and earn extra profits. we don't know what will happen. maybe the price will go back up to the $800's, and maybe it will go down even further. that's why you should have secured profits when the price was at $750-$790. |
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The chance is quite small that we can reach that value and that is because you have to know that the value of Bitcoin is now rising slowly so we need patience for it.
And it is hard to choose the right moment to sell it because the value is always changing.
I will hold the bitcoin for the long term. So I will not sell at present. I will keep on buying to accumulate enough. I also don't believe it will reach $10k this year, but in the long term... who knows? In my books it's perfectly possible to reach that price one day! In 3 to 5 years, if there is good adoption of the bitcoin, it is very possible for the bitcoin price to reach 10,000 I am not sure about that. I have trasfered bitcoin recently, it takes too long time to confirm. I have bad experience. it's different. some times confirmations come quite fast while other times it might take a bit longer. it could also be that you didn't include a high enough fee which might be a reason for your transaction not to get included by pools. it's not always the fault of bitcoin. if you add a proper fee, then the chances of seeing your transaction get confirmed sooner get much higher. |
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Epic shakeout. Enjoy the discount.
Exactly this. People were waiting for the price to go down to enter the market. Now, here is your chance to start buying at sub $600 prices. Yes, perfect time to increase number of bitcoins in wallet, price is good for making some extra investment, as price is expected to go higher at halving. Exactly! That's probably the last moment to buy cheap Bitcoin. I don't expect that price will go more down, and after halving some people predict that price of Bitcoin can jump even up to $3000 !!! Time will show..  $3k is difficult to achieve after the halving as it is too high to expect in such a short duration, the price that we see at halving would be the highest, as price will start going down after the halving. reaching $3000 is not part of the story while we are still far below the $1000 price level. at this point we don't even know whether or not we'll hit $800 just before the block halving. |
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it's funny how the media is saying to know how and why things are happening. brexit has no impact on the price so far. maybe that it will at some point when the brexit actually becomes reality, but at this point not. the media is once again wrong about bitcoin. i think people and traditional investors that are really worried about the brexit, will much more likely head over to gold to put their money in.
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