Sad thing is without fiat bitcoin has no value. You can't use bitcoin if the usd has no price
WTF? Bitcoin is a currency, mate. It's completely independent from USD. Seriously I can't make sense out of what you're trying to say there. In todays market the merchants look at Bitcoin exactly as that dude is saying. For them it doesn't have any value if it isn't tied to fiat. We know Bitcoin doesn't need any fiat currency to work, but for the average Joe this situation will be completely different. |
|
|
|
Stupid question; which price range will be the stable/spring board before the halving? The ~$400 price range we are at now, or one higher?
I don't think any price will be stable as long as we are a few months away from the block halving. We might see the price fly between $350-$450 in the runup to the block halving before we see the price go up significantly. |
|
|
|
|
Auction duration : 24 hours after first bid for each domain.
|
|
|
|
The domains are all registered on Namecheap and come with whoisguard. All domains have plenty of months before expiring. For precise details of the domains use : http://whois.domaintools.com/bitcoinexchange.pw bitcoinexchange.website bitcoinshop.site bitcoinstore.pw bitcoinstore.site bitcoinstore.website webshop.pw bitcoinescrow.pw bitcoinescrow.club bitcoinescrow.xyz bitcoinescrow.online bitcoinprice.pw altcoin.pw altcoins.pw mtgox.xyz buyxbt.co Auction rules.Start bid : 0.01BTC for each domain Min bid increments : 0.001BTC BIN : 0.025BTC for each domain Escrow : Only possible for amounts greater than 0.02BTC # By bidding you agree to pay first. # Private bidding is now allowed. # ONLY POST IN THIS THREAD IF YOU ARE BIDDING. |
|
|
|
If you want to buy something there is a price needed. So yes the price is very important.
Without it, there is no use in trade etc.
Without an exchange price in fiat currency you can still use Bitcoin to trade and do other things. Altcoin trading is purely based on BTC and has nothing to do with fiat. Bitcoin related gambling sites have also nothing to do with fiat. |
|
|
|
|
What I hope : 1 - Block size issue getting solved to end the nonsense drama. 2 - Block halving.
What I think will happen : 1 - Block halving. 2 - Block size issue being solved.
If the block size issue is getting solved first, then we can have a real HARD pump when we go towards the block halving.
|
|
|
|
Price for Bitcoin atm appears to be up and down all over the place atm. I'd imagine some whales at getting to drop price to accumulate more as cheaply as possible before the mighty halfing comes later this year. After the halfing all bets on price will be off because they're only one way it can go and that's up.
Accumulation time is over as most of the larger traders have had enough time to scoop up the right amount of coins for them. I think the current price drop is due to traders getting bored because there barely is action in the markets last days, so they dump as result. Then we'll see the price climb back to the $400 level, and then it will get dumped down. It's a common thing nowadays. |
|
|
|
This speculation was right as the price rose after October and the price did not reach $200 again, but now it is not the time to buy. Just wait and see whetr this market is going first
I consider the current price to be a good buying moment. If I didn't already have enough coins, then I would surely buy right now. |
|
|
|
|
I think the comming block halving is what makes people believe that the price will go up and there will be a pre block halving pump bringing the price to a new ATH this year. I am not that optimistic, but I believe it's definitely possible to see a price of at least $600 this year.
We have seen these kind of images showing the different market states/emotions when we were sub $100. As long as the majority of the people believe in the price going higher, we can surely achieve a higher price. If there wasn't the block halving comming up, I would probably not be this optimistic.
|
|
|
|
|
I have always found Bitcoin to be a perfect currency for paying freelancers where they nowadays are still being paid by using PayPal and other shitty payment services. I just wonder if they will also offer an escrow service since you can't roll back Bitcoin transactions to prevent the users of that platform from being scammed. I wish all freelance websites would accept Bitcoin as payment. It will make Bitcoin gain a massive amount of new users.
|
|
|
|
|
Governments have said to take the necessary actions to make it harder to buy and sell Bitcoin and physical gold and prepaid credit cards as they were suspecting terrorist groups from using these options to fund their operations. Now europol is saying that Bitcoin hasn't been used by terrorist, the governments will still not pull back their restrictions against Bitcoin. It's simply an anti Bitcoin campaign by the governments as they will grab everything to make Bitcoin look bad.
|
|
|
|
I think the thread should be, back to 300 soon?
And yes i think we are going back to 300 dollar again. It's been fun, but right now you see more people are selling in combination with some bad news..
Why? The price has been going higher and lower than $400 for several times now. And right now we are sitting below $400 which makes the current thread title relevant to the situation right now. |
|
|
|
I am happy to have seen the price going this high at all.
Let's face it, in october we were at 230, now we are almost double of that.
People don't look at that. They look at the current price and what happened a few days back and say the price is not going anywhere. If they look at it as you say that we were sitting at $230 and now nearly at $400, then they would realize that the price have been rising significantly. |
|
|
|
Question is how will you used this situation in your own good?
Will you start panic or be calm and hold, and you will be awarded..
Very simple. Buy or trade. When I see the price is dropping and other people are panic selling, that's when I start to get excited. It allows me to do some very profitable day trading. Volatility is good. |
|
|
|
|
It's a free market by name, but in reality it isn't. It's heavily being controlled by large players and the exchanges themselfs. I think if the price doesn't move much for 1 month or perhaps even longer, then some traders might dump their coins out of boredom. Or the exchanges will create a bull run to make people excited so they can generate a good fee income again.
|
|
|
|
|
Donald is the kind of investor that doesn't look at things like Bitcoin as being a worthy investment. It's basically a traditional investor that is looking for solid/safe investments with low risk potential, but with a stable return. Bitcoin doesn't fit in this picture.
|
|
|
|
I guess $100.000 is totally possible, we have 5 years to reach that level.
I don't think so. I think that there will be another coin or something else that is more valuable. There will always be changes in the future. He is talking about Bitcoin being worth $100,000 is quite likely and not about another coin being worth more. Bitcoin was already surpassed back then as being the most valuable coin per 1 coin. Do you remember 42Coin? 1 42Coin was worth around 1500BTC. for about 10 seconds or so  It remained at least 50-100x worth more than 1 Bitcoin for quite some time. Right now nothing is left from that coin.  |
|
|
|
It could be dropping since there's no positive news to push it up and the whales could be waiting for the consensus before they put in more funds to push the market price. The ones who bought it last $360 are one by one doing their sell orders that's why there's a gradual decrease in price.
We have had plenty of positive news in 2015 but the effect on the price was next to nothing. Right now it's purely the block halving that is driving the price. We just have to wait for the Chinese pumpers on OKCoin and Huobi to start the action. |
|
|
|
I think it will be possible in the future to share parts of your harddrive and get paid, without necessarily having to share anything, just free space. For example the Maidsafe project is based around this concept. I cant wait until it goes live so I can start putting my big TB hard drives to use because I don't know what to do with so much free space
You would need to have some sort of uncapped internet access to afford that... and it should be fast, if you are going to share it online. If you are capped, the cost of data should be less than the amount you earn, or you would be losing money on such a service. Most uncapped internet services would start to throttle you at some stage, if you are a high volume user.  Most ISP throttle users who use high bandwidth applications like torrenting. Some does offer a no cap guarantee. It can be bypass by using a higher encryption standard. You do need high bandwidth but I believe the main problem is still the quality of speed on your other devices. The more the bandwidth used, the slower the other devices would be. true.I use to download a lot using transmission and my isp called me for my suspicious bandwith months ago and so i just donwload 1 movie per day this time. how much can we earn seeding torrent by the way? Nothing if you don't have the contacts for it. I know there are some elite seeders that get paid a slight amount for their efforts each month per uploaded 1TB. You have the highest chance by looking what's possible for you in private trackers. |
|
|
|
I guess $100.000 is totally possible, we have 5 years to reach that level.
I don't think so. I think that there will be another coin or something else that is more valuable. There will always be changes in the future. He is talking about Bitcoin being worth $100,000 is quite likely and not about another coin being worth more. Bitcoin was already surpassed back then as being the most valuable coin per 1 coin. Do you remember 42Coin? 1 42Coin was worth around 1500BTC. |
|
|
|
|
Show Posts
