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This is a more realistic speculation than those who said it will reach half a million or million dollar per Bitcoin. with the upcoming upgrade of Bitcoin network, the possibility of huge hype is big. This will push bitcoin price upward since the port for more innovation to the Bitcoin blockchain will be opened. Just imagin bitcoin having smart contract feature plus instant transaction that does not need to wait for many minutes for any confirmation to take place. This will sure push bitcoin price upward.
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hi, what will you do? If the bitcoin price is suddenly cheap
I would buy more because it will go back up eventually. Many people take advantage of this opportunity because they know that it is just a temporary dip and bitcoin has a strong demand that's why there is no doubt it goes back up. We have witnessed it recently because of the China FUD and even those people who knows that they have influence spread FUD further in order to make the price go deeper for them to purchase it at a lower price. If we know what the whales are doing, we should take advantage of it. If i have fund I will buy more and if I am the one owning Bitcoin, i will hold more. I do not want to sell my bitcoin cheap and selling it during the dip is very unwise. i do not know why people panic sell whenever they heard of bad rumors. They want to cut losses but little they know they just made a huge loss from selling all their Bitcoins. |
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If I myself have bought the coin always try to sell it even though the income is sometimes low then it is futile if too long hoard it but the exchange rate does not go up That's the cause of my decision to continue to insist on selling it.
Your approach is quite good but when you are caught with downtrend the moment you bought Bitcoin, then you have no other way but to wait. And if you were caught by uptrend movement of coins when you sold your Bitcoin then there is no way that you can buy back. Day trading is good but it really needs a lot of hardwork and monitoring. It is best to just hodl your coins and wait till it multiply in value. |
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Bitcoin in next five year will go very high. In recent pass two year ago bitcoin price was low. Present time bitcoin price is good. I think in next five year price will very high without any obstacle.
This will happen if the market adopt Bitcoin. As speculated by known people, Bitcoin reaching $500,000 in half a decade time is quite impossible but if it hits it or even a tenth of it, lots who bought today will literally earn more than 10x of their investment. I am also positive that Bitcoin will definitely bridge $10k to $20k in five year time because of the improvement and adoption these huge company will do. We have google now accepting Bitcoin payament and next would be amazon. |
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I see bitcoin now is in regaining strength
Coming back for than $4500
What do you think?
Comment your waves address also
For possible coins
I do think that the bull had been released. After those bull traps set by some people who wanted to buy Bitcoin at cheaper price. I think it will even surpass $4500 in the following week if there is no more bad news to appear. The upcoming update for Bitcoin signals Bullish trend so i guess just a bit more hype and we can see Bitcoin rebounding its previous ATH. Anyway giveaway is forbidden in this board might as well let them pm you their waves address. |
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The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
There is no reason to pump Bitcoin. Bitcoin is already in a Bullish stand and no reason to pump it to increase its price. It just need some more hype to align with the bullish stand and we will see Bitcoin price to go up fast. I believe with the current stand, Bitcoin price will be on an uptrend because Chinese FUD effect does not weigh anymore. |
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I think the world is shifting to automation to have fast and secure transaction. This is one of the reason why the world really needs virtual currencies. Fiat currency that is tangible is somehow hard to be automated and cost a lot to move. Unlike virtual curencies, it can be moved anywhere in just a click of a mouse to need to move tangible things from one place to another that delayed the process.
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I think we should be but the current setup of cryptocurrency does not enable us to pay for the taxes. Government can track our profit, yes but the problem is how the government look at the cryptocurrency. They do not have a written rule about it yet, (to some country probably but majority does not have) so basically the constitution of several contries does not cover digital currency for taxation yet.
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I believe Bitcoin will not have a problem on scaling during that time. The price will definitely way above today's price. There will be a lot of merchants around the globe and we do not have to convert our BTC to local currency to buy stuff in the market. I am incline to think that the adoption of Bitcoin will increase exponentially.
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We can say that "being unemployed drives people to go to Bitcoin" and not only the unemployed ones but the ones who have job are also using it as a source of income. Bitcoin provides with an opportunity to earn handsome amount of money . It is easily accessible and just require some knowledge about it , some patience and regularity. It is more easier for unemployed people to work with Bitcoin than finding a job .They can also earn more money through Bitcoin than there job . So yes i agree with this statement .
I agree, people who seek extra earnings and found out that bitcoin can give it to them will flocks in to the bitcoin community and start looking for freelancing job or some task that will earn them extra money. The good thing about this task is that it is online and can be done anytime so there is no issue or conflict if a person have a day job. And most of these employed people when gotten the grasp of the work and found out that they can earn even more resigned from their work and start going full time to Bitcoin. |
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I thin I will accept Bitcoin as a regular salary for my job in certain condition. My country legalized it and there are stores that accept Bitcoin as mode of payment or I can convert it to fiat currency anytime of the day. If these condition is met, I wouldn't mind to be paid in Bitcoin.
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Morning Folks,
It's more of ridiculous when someone just pulls up a subject and without knowing anything, starts shouting that "This is nothing, this is a fraud!"
You must be aware of the comments passed by JP Morgan's CEO Jamie Dimon that "Bitcoin is a fraud".
Now, to mention here, someone called as "Wolf of Wall Street" and a former stockbroker Jordan Belfort, going with the flow, added that "He (Jamie) is right, I don't think Bitcoin is a great model."
Well, the more negativity they will spread, the more Bitcoin will surpass huge levels of success by slapping their faces with positive values.
TBH, I would like to ask these people that "WHO THE FUCK HAS ASKED YOU GUYS FOR YOUR OPINION HERE?"
These so called fudders are always looking to buy bitcoin at a bargain to make fortunes. I am very sure they are heavily invested in bitcoin These guys had bad history in finance. I wouldn't weight anything this guy stated because they , themselves proved that they are not capable of making stuff a success without cheating. Anyway, I do agree that these people are here to FUD Bitcoin because they wanted to buy them at its dip. But as the price recovered, I think their words have little effect to the market now. |
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Congratulations to India, you are a developed country for the world of cryptocurrency. May other Asian countries also do the same.  It is a great thing to know that India legalized and accept Bitcoin. But after that I believe the Indian Government will do the same thing as Chinese government did with those illegal exchanges. Legalization is followed by weeding out illegal activities. So probably there will be a major shutdown of non compliant exchanges in India. Then Bitcoin will be regualated. I wonder if the government will confiscate Bitcoin if a person holds too many just what they did with gold. |
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If you look at the order book at the bottom of your chart, there is quite a substantial sell wall at $4200. I wonder if we will see trading within a range of $4000 - $4200 till the end of the month. I believe that this wall wil be eaten pretty quickly. The acceptance of google for bitcoin payment is one of the hype today. Plus the upcoming fork do signal bullish trend. There might be a small downfall but the Aug. fork shows that bitcoin will skyrocket after a fork. There are great news for bitcoin in the upcoming months. Just you wait after the update  |
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It seems the bull started running now. I saw bitcoin price gets higher than $4,000 now. I believe this time Bitcoin will rally towards $5,000. The update on November signals this I guess. Bulish Bitcoin until the end of this year. Probably $6,000 Bitcoin is not far from happening.
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There is too much analysis in this thread arguing for both sides. Keep it simple, and buy Bitcoin on the dip. Ever since the scandal of MtGox, Bitcoin has been going up, then dip a little and it would go up again breaking out from a range everytime. All the FUD flung in its way have no effect.
Is there any reason why this should change?
I can assure that all these fud which back then successfully making the price gets dumped hard are just temporary, at the end bitcoin always regaining its price and break new ATH, if I'm wrong, please can someone else point me out which moment bitcoin didn't break new ATH after getting dumped hard. I'm sure that all these fud are actually whales trying to gather bitcoin cheaply as much as they can, can't say more. You are saying temporary oh well nothing is permanent in Bitcoin except the transaction on its blockchain that is once it gets several confirmation. Price, FUD, hype, ATH, they are all temporary because Bitcoin price is driven by speculation. And yes those who get bitcoin at cheaper price are so lucky because they can have more profit from it. Aside from that it seems Bitcoin price is back again at $4000. Does this mean we can have $5000 soon? |
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I think the trap had been broken so this one is not a bull trap anymore. Price going back to $4k is real and I believe that it will go stratight to 5k since I think the confusion caused by Chinese government is fading. Aside from that the upcoming upgrade for bitcoin network signals a bullish trend so i guess we will observe series of ATH in the coming month. |
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There is a possibility that Bitcoin will go down in price value since the FUD created by the Chinese negative action to Bitcoin is quite huge. It really gave a huge impact especially in trading Bitcon inside their country. It somehow cut transactions between their citizen and other Bitcoin user around the world. And as i can see this effect will continue until the last Exchange that suppose to close shutsdown.
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This is a serious discussion. I mean, after I've seen how bitcoin (and other cryptos as well) got dumped badly after an irrelevant law that makes ICOs illegal. I can only imagine now what would happen If more countries do the same thing and It could get worst by make itself bitcoin illegal. Whether we like to admit it or not, most of people would sell everything they have once its made illegal, some may continue to fight the central banking but the sad reality is that as soon as people start making profits, they will dump it and move on.
Everything can possibly happen. Yes the government can prevent all transactions online of bitcoin and activities too but if it happens, they must have a big reason for doing it. It will not be easy for them to take a careful look to prevent all activities involving bitcoin online. Agreed. Governments can indeed ban the use of bitcoins and several countries already did. But the issue is how they enforce it. Some governments already have their hands full on other big issues and stopping the use of bitcoins or cryptocurrencies in general would be the least of there concern. The government can ban but they can never stop the network from moving as long as there is a single person running it. Aside from that there is no collective effort from different country in stopping Bitcoin transactions. And another thing, there is already some Bitcoin country so definitely a single government can never stop bitcoin. |
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GAming audience is really huge so I agree that crypto gaming is really the next big thing. We already have lots of Casino gambling that utilize Bitcoin, and too few for those mmorpg and other game category that make use of Bitcoin. If Bitcoin tapped these categories, I am sure this will be a great hype for the coin.
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