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9341  Economy / Speculation / Re: Are you ready to test $400? on: March 01, 2016, 08:00:40 AM
The price is still over $400. It is also hovering around $420-$450. I think it is consolidating. So it is good.

Consolidation will come in a few weeks. And not more then 1 month. The price has become way to unstable to unsettle.
The market manipulators want to see a 500 price, while there is still a lot of sell pressure. Let them fight out this battle so we, the masses, can follow.

if anything, the market manipulators want to see a very bigger prices than 500, like the all time high $1200 for bitcoin. because someone who has the deep pocket and the ability to manipulate such a big market will not stop at 5%-10% profit and will go for at least 2x

Wealthy traders can manipulate the price to a certain point, which is far far from a new ATH. It simply costs too much. Only exchanges can manipulate the price to a new ATH like what MtGox did. They can create fake orders without losing anything. That's how to play the market.
9342  Economy / Speculation / Re: Price rise is over on: March 01, 2016, 07:47:26 AM
i couldin't nake it a rise, that was just big pump and dump, price changed around 40$ and we stopped at 420$ now, now it should be stable for few months till halving

wrong price is going up and down from 440-410 for last few days
so this isn't over yet

The price rise was already over in November when we reached $500 back then. Since then the price remained well below that level.

The price is consolidating at the moment. If the consolidation lasts 3-5 months, the price will rise a lot.

How do you know it will rise a lot? Because many people seem to expect a rise due to the upcomming block halving? If you look at how the price has been growing throughout the months then $550-$650 will be real (realistic) target.
9343  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear? on: March 01, 2016, 07:36:56 AM
I think there's no reason that bank will disappear because of bitcoin.. bank is always safe than bitcoin.. bitcoin is for online money and banks are our local vault that we can securely save our money via banks. bitcoin has no stable price so that bitcoin is not the best option to save our money..

Banks are not safer than Bitcoin. Especially due to the fact that you don't own your money and don't know if certain ego-bankers are taking huge risks with it on the financial markets. Beside that, everything nowadays is becomming more digital. People aren't really dealing that much with physical fiat money anymore as they used to do a few years back. They just use their plastic cards or their smartphone to pay for stuff.
9344  Other / Off-topic / Re: What do you wish you could buy with btc ? on: March 01, 2016, 07:32:33 AM
I hope later that we can buy things in the supermarket. And just can easily pay with bitcoin, that will be nice.
But maybe after a few months it will be possible. And that is a long time. It must be popular.

As far as I know there are several supermarkets in Europe where you can buy your daily needs with Bitcoin. They are only too far away for most people to benefit from it. I think it will take years before we see more supermarkets open their doors to Bitcoin as payment method.
9345  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bank??? on: March 01, 2016, 07:27:42 AM
bitcoin banking is probably ponzi. simply because you are hardly earning a decent interest with the blocks halving, really man.
even with the mining, you won't gain a lot of interest in bank; again, halving.

Everything that promises you a certain interest can turn into a ponzi scheme at any time. Even if they had "good" intentions when they started. It's very simple, never let your coins be held by a third party. If that is your basic rule, then you will be just fine.
9346  Other / Off-topic / Re: 2016, The Year of Bitcoin? on: February 29, 2016, 10:36:40 PM
Surely this will not be bad year for BTC because we have good and stable price now and halving is in just few months.The price is likely to go up even before halving and media may done they work and give some positive comments.The next few months should be quite interesting Smiley

Yeah, it would be interesting to see what value bitcoin achieves in next few months, but surely in this year we would see the some good value of bitcoins which we haven't experienced in the past.

We will not see a new ATH this year. The old ATH will still be unbeaten at over $1100 from the time in 2013. I think we will need a year or two before we see a real ATH. Patience is required.
9347  Economy / Speculation / Re: It is Buy time! on: February 29, 2016, 10:29:56 PM
it's buy time this whole 2016 year,  halving will happen in july so there's still 3 months to buy many bitcoins as you can because later, when price will grow alot, it will be too late

this is probably one of the many things that most people should take this to consideration.

Its 3 months guys!! 3 months before so if you do decide to buy at any point now until then youre good. Cause from the last halving reaction people wait for more anticipation since people are not up to date with the halving scenario or just arent aware. Which then creates buy orders - hence price going up again.

Well last halving nothing much happen. So it am not sure anything will happen price wise. Maybe be are anticipating on something that will not/never happen.
Not sure, i am not buying before the price reaches 300 again.

The speculation will drive the price higher just before the block halving, and that's what people are hoping/waiting for. I think there is still at least 50% to gain from the current level.
9348  Economy / Speculation / Re: $350 will be the bottom on: February 29, 2016, 10:20:56 PM
350 can be the bottom, but it won't. I think the real support can be found in the 300 dollar region.
But we will see when the real pump is over. Then the market will find a new low.

$350 is still the bottom for this year, and I think it will stay like this for the comming years unless some really bad news pops up. But what can be worse than all the stuff we have already seen? Not much I guess.
9349  Economy / Speculation / Re: Bitcoin in 2020 on: February 29, 2016, 11:06:41 AM
I began my career in the bictoin . In 2010 the bitcoin was worth 0.01 euro , now a bitcoin worth 400 euros. I ask myself a question: what will be its value in 2020 ?.

A friend told me that its value will be 10,000 euros. Shocked

Sorry for the spelling for I am french . Wink

Thank you for your replies Smiley
10k euro hmm i think its too high for cryptocurrency. price is most likely to occur is under $ 2000

In 2020, 10k euro or usd is possible for bitcoin. It depends on the acceptance of the coin. If the acceptance is high, its price will be high.

I do not see this happen due to the problem the bitcoin should now already be pretty high but I think it can be possible in the future.
Bitcoin can go to a high amount so you will gain a lot of profit for sure.


I don't understand anything from what you are saying, what problem of Bitcoin are you talking about?
9350  Economy / Speculation / Re: will we break the 400$ ? on: February 29, 2016, 11:03:24 AM
The question now would be will the price drop below $400 again? In short term, the price could drop below that.
now market is on ping pong trend so i think is possible price drop to below $400 if you get more profit waiting after ping pong trend ended.

I do not worry about the short term price fluctuation. I think as long as the price rises in long term, I will hold it.

That's the right attitude. If you look at short term charts then it may look like a nightmare. But if you look at the 1 year chart, then you will see that the price has been rising steadily. And that's what we consider to be the most impostant thing. Atleast for me it is.
9351  Economy / Auctions / Re: [Domain] BitFlirty.com on: February 29, 2016, 10:23:42 AM
Did I win?

Sorry for the delay as I was at work.

Yes, you have won the auction and I will send you a PM with the details right now.
9352  Economy / Service Discussion / Re: I'm newbie, what bitcoin buy/sell is best to use? on: February 28, 2016, 11:12:33 PM
I use Bitstamp as my main exchange for many years now, they have never disappointed me with anything. Other than that, you can give Kraken, BTC-E, Bitfinex also a try. Make sure you stick with the trusted/well established exchanges only. It can save you a lot headache in the future.
9353  Economy / Speculation / Re: Bitcoin and Litecoin in 20 years on: February 28, 2016, 11:09:11 PM
Litecoin has always been the number two behind Bitcoin and that will not change any time soon unless there is another coin that is taking over Litecoin's place. And no, don't quote me with Ethereum.
9354  Bitcoin / Bitcoin Discussion / Re: How police think about Bitcoin enthusiasts ? on: February 28, 2016, 11:05:33 PM
Usually police departments are not even sure what bitcoins are

Exactly this.

Bitcoin is part of your normal wealth here, so if you trade Bitcoin and make a profit, then you have to pay tax over the profit you made. If you do this, then nothing will happen. If they somehow know you are not paying tax over your profit on purpose, then the government and eventually the police will come after you.
9355  Bitcoin / Press / Re: [2016-02-28] Yobit Exchange Plagued By Withdrawal And Coin Listing Delays on: February 28, 2016, 10:50:32 PM
Nothing against YoBit, but the people that are joining these "new" exchanges need to think first before depositing coins there. These kind of exchanges most likely don't have decent programmers working there(if any) making sure the security is top notch where you don't need withdrawals to be processed manually. People are good in complaining when things don't go as they like, but they should look in the mirror and closely look at who's wrong here.
9356  Bitcoin / Bitcoin Discussion / Re: Who is sending to 1111111111111111111114oLvT2? on: February 28, 2016, 10:39:54 PM
I do not get the concept from sending btc to an address that no one has access for ! It is like ripping fiat money a part or throwing in in the ocean ! People should care for their money in more proper way

Well, people that are about to delete a used wallet some times have a few hundred/thousand Satoshi left in that wallet. They probably sent it there just for the fun as their coins would get "deleted" anyway.
9357  Economy / Speculation / Re: bitcoin prices jump to $600+ in... on: February 28, 2016, 10:28:25 PM
I go for May 2016 which is more than 2 months away from now. Plenty of time for the price to build up itself if everything goes according to plan.
9358  Bitcoin / Bitcoin Discussion / Re: bitcoin protect? on: February 28, 2016, 09:45:43 AM
offline storage such as a cold wallet is ideal, or a hardwear wallet such a trezor  Cheesy

Hardware wallets aren't needed. It's perfectly fine if you simply use a very strong passphrase for your wallet files. And for even more security you can even encrypt the wallet file for even more protection. Store that file on a USB stick or something else that isn't connected with internet and you'll be fine. And the best of all, this is a free method. Smiley
9359  Bitcoin / Bitcoin Discussion / Re: BITCOIN HALVING IS COMING!!! on: February 28, 2016, 09:35:02 AM
So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?

The word never doesn't exist when it comes to Bitcoin. Everything can happen and we will continue being surprised what Bitcoin has in store for us.
9360  Bitcoin / Bitcoin Discussion / Re: Support Bitcoin. Let the network become distributed again on: February 28, 2016, 09:30:57 AM
I am already supporting the network with a full node non stop for nearly 8 months now. I will continue to do this for a very long time. It feels good to keep the network a bit more safe.
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