Hey Adam... I appreciate that you get fairly specific in your outlandish comments... and largely, I agree with a lot of the sentiments of your projections and my agreement is NOT merely ditto, ditto.. but also b/c I have been doing quite a bit of reading about this bitcoin thing-a-ma-jiggy.
Anyhow, what would you estimate some of the range of the BTC market cap possibilities would be in the 1 year, 2 year, 5 year and 10 year time-frames. Ultimately, I am curious about how you would frame your projections.... and we are just shooting the shit here... but if you could give me your best projections, I would appreciate it. If you are reluctant, I could go first..... but you seem to be more experienced with bitcoin than me.. at least you've been into it longer than me...
all i can say is bitcoin is a crazy bull and its Up and Down CRAAAZzzzy Dride but the Long Term is very bullish, could be next year its 250 then the next 3000 could 5000 could be 100,000 in 3 years lik it could be 98$ in 3 years then make a crazy comeback in 2020 and start a 12 year bull run to 1,000,000$ a coin,.... no one knows but most people agree butcoin long term is up up up
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but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing, i'm sure its gonna happen if not bitcoin it will be another Bitcoin tech currency. I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over! like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest! in the long haul. my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin... 1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS! ya for the long haul you wana be holding a shit tone of Bits not coins... ive been drinking! No shit, really? I'd have never guessed. ya good times on 10th beer i think hehehee
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Tweets are not news. They are rumors. Agree ... and we should not just follow every rumor that we hear ... or read.. As for now... price is upredictable as it was before When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant to be below $550 - b/c the last time I bought was at $584). So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy. Then i corrected the proper quantity, and the price reverted to $558.27... so I did NOT buy. Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way. I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp. I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow, every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!! It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up. Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... . My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ? Will it matter if you bought at $549 or $552 when the price gets to $1000 or more? I know for day-traders it can make a difference but for holders it really is not that big of a deal. I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks. BitChick is right, BitChick is always right... but i'd say buy in at 500 600 700 even 1005/coin!! wont make much deference in 20years when bitcoin is processing a health % of world GDP and growing, i'm sure its gonna happen if not bitcoin it will be another Bitcoin tech currency. I truly believe bitcoin will be the best performing asset this year next year and ever other year after that till it completely takes over! like what did you think was gana happen USD Fiat, Dirty Fiat was gana win out of Crypto in the long hule WWWWWWWWAAAAAAAAATTT lol no DUded Crtopto Vs Fiat is no centest! in the long haul. my father inlaw wants to invest a few $ and he asking me about the alts that ive been taking about.... and i tell him ya alts a gr8 but, its not doge coin thats being appected by all the mecahes its not LTC thats gana IPO on wall street its bitcoin! invest in bitcoin... 1BTC = 100,000,000 satoshi's ITS BETTER THEN DOGE COINS! ya for the long haul you wana be holding a shit tone of Bits not coins...
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Tweets are not news. They are rumors. Agree ... and we should not just follow every rumor that we hear ... or read.. As for now... price is upredictable as it was before When I saw Coinbase was hovering around $557, I thought, oh shit, it is getting down close to my next BTC buy-in price (which is currently meant to be below $550 - b/c the last time I bought was at $584). So I was playing around with typing in random quantities of BTC to their site just to allow the BTC prices to reload, and then the box flashed $551; however, my desired quantity of BTC was NOT ready to go or I would have clicked buy. Then i corrected the proper quantity, and the price reverted to $558.27... so I did NOT buy. Sometimes, I would just like to get it over with and to just buy.. so that I do NOT have to think about these kinds of matters anymore , until the price drops to my next buy-in point (which would probably be around $529 - depending upon how long it takes to get there... seems doubtful, though... )... And so sometimes I will buy at a few extra dollars per BTC, just to get the purchase out of the way. I have found the price on Bitstamp to usually be a few dollars above Coinbase, yet, generally, Coinbase's price does NOT fluctuate as widely as Bitstamp. I complained to them once about this and accused them of arbitrage.. something like that.... Anyhow, every once in a while when BTC price is very eradic, then Coinbase will be less than Bitstamp... Go figure!!! It would be NICE if Coinbase would allow for the placement of ORDERs, but I suppose that may cause additional technical difficulties for their set-up. Ok.. so now the Coinbase price is hovering between $552 and $556 while the Bitstamp's hovering between $552 and $548... Seems like, if I were to wait it out, we are going to get down to $549 on Coinbase.. Not sure if I can wait that long... . My frequent problem, however, is as soon as I click buy, then the price really starts to go down and then I am kicking myself for NOT waiting it out a little longer... Can never tell for sure.. how low will she go??? limbo...land... ? Will it matter if you bought at $549 or $552 when the price gets to $1000 or more? I know for day-traders it can make a difference but for holders it really is not that big of a deal. I think now is a great time to buy BTW and I just threw some money in for the first time in several weeks. BitChick is right, BitChick is always right...
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objectively we are in a b*** market.
Horse shit. Objectively we are 40% up from the low less than a month ago, >100% up from where were were 4 and a half months agoince then we've added millions of wallets, features, upgrades, merchants, and ATMs. ya but we are like 60% down from the ATH and appear to be continuing to drop. it doesn't scare me, but its depressing... i just don't get why people are selling! even with the current infrastructure i believe bitcoin should be 10K We can spend them very easily on anything, big shit too, you can pay your rent in bitcoins, you can buy F'ing mammoth tusks FFS, mtgox and other bad exchanges have been weeded out, and now we hear talk of "wall street grade" exchanges coming online. Shit is growing & getting better at a phenomenal rate, it doesn't make any sense to me... we should be at 10K already. this is why i'm a buyer, if you told me last year i'd be buying 600$ bitcoin i'd lol hard and say that i would be a seller at 600$ but here i am buying at 600$, because wow.
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i am the only one that keeps getting "502 Bad Gateway"
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best buying opportunity ever
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what's happening dear adam ? why is this going down ? i have no idea i only know why it goes up going down makes no sense! maybe because bitcoin is only based on beliefs and no real economy ? this cant be i buy and sell things with bitcoin all the time.
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what's happening dear adam ? why is this going down ? i have no idea i only know why it goes up going down makes no sense! Yea this confuses me too. Any bad news recently? I thought the only major thing was Mtgox finding 200K BTC. That's considered bad news? :/ finding 1/2 a billion of fiat would be better news...
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what's happening dear adam ? why is this going down ? i have no idea i only know why it goes up going down makes no sense!
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$400 is the buy price. If BTC breaks below $400, we're sunk.
If it sinks below $400 I'll be jumping for joy, that's that much cheaper I can buy at! People are freaking out because in the past week and a half it's dropped about 100$... a month ago it was the exact same amount it was at as it is today... if it dips even further who cares! Bitcoin is catching on more and more every day, more businesses accepting it, more consumers spending it, more countries becoming friendly to it, ATM's popping up everywhere. It will regain value. This is not a get rich quick scheme, it's introducing a brand new currency in the world... have some faith, and patience. +1
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how did the bitcoin get to the other side of the world in a few seconds? ... idk it fucking magic! but i'm pretty sure this has something to do with it. CCMF
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bitcoin is worth more then cash. thats a fact.
CCMF
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but your friend would be freshly out of fiat as well.
You'd think but a large part of my friends wouldn't buy even if we went really low. Meanwhile I'd be loading up, locking them in the freezer and wait till I've got enough for my island What would you be locking in the freezer? Your friends? Hopefully, they would be issued space heater and oxygen, too. COLD STORAGE ALL THE FRIENDS!
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Just bought 1 btc at 574, time will tell if this is the bottom.
I bought at 572, willing to buy more the coming days if price drops more How many would you buy if the price went to one dollar? For $1 BTC I think I could scrounge up about 300k without asking friends. But it would be quicker just to ask friends. If you had been buying BTC all the way down to $1, maybe you would NOT have any more fiat left, and maybe you would have to ask friends, no? but your friend would be freshly out of fiat as well.
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As i said yesterday, we would need some fud to get to 550~ish, and bam, new china fud out of the blue, either a lucky guess, or someone who wants a crash had same thoughts
China Central Bank says in its official weibo that the news about #bitcoin trading ban is fake
The official weibo (Twitter of China) of PBOC: http://weibo.com/u/3921015143confirmed thanks
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As i said yesterday, we would need some fud to get to 550~ish, and bam, new china fud out of the blue, either a lucky guess, or someone who wants a crash had same thoughts
China Central Bank says in its official weibo that the news about #bitcoin trading ban is fake
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China dumping so hard that red candle meets the volume candle Wow But it says on the volume only 3300BTC??? Too bad no one has Huobi charts (BTCCharts, Bitcoincharts, LTC-Charts) the volume after that first big drop on huobi was ~31K
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