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9641  Economy / Speculation / Re: $2k in january on: January 21, 2016, 09:50:28 AM
I was thinking ok 2k but what year cuz shure its not this one

January 2016 will pass soon. So the price might reach $2000 in January 2017. Even so, I am happy for the price increase.

$2000 in 2017 is a more realistic price target. We first need to touch the magical $1000 barrier before we have a fantasy about $2000.
9642  Economy / Auctions / Re: [Domain] BuyXBT.co on: January 20, 2016, 11:07:39 AM
Bump.
9643  Bitcoin / Bitcoin Discussion / Re: Why do people use so many Bitcoin wallets? on: January 20, 2016, 11:04:07 AM
My wallets are for the following purposes.

- Cold storage for the long term.
- Bitcointalk wallet.
- Wallet where I store my coins for trading purposes. (I always send my coins back to my offline wallet when I'm done trading)
- Wallet for spending and receiving purposes for online stuff.
- Wallet for spending and receiving purposes in private life.
9644  Bitcoin / Press / Re: [2016-01-20] Central Bank of China warns about Mavrodi's bitcoin pyramid on: January 20, 2016, 10:58:02 AM
This warning from the Chinese central bank comes too late, isn't it? Why couldn't they bring out such a notification earlier when there weren't so much affected people as there are right now. It could have prevented soo much people from losing big amounts of money. Better late than never I guess... Roll Eyes
9645  Economy / Speculation / Re: 400 will not hold on: January 20, 2016, 10:48:21 AM
Yes I was watching and see we touched $350 but that soon bounced back. The panic does seemed to have calmed down and it isn't looking to bad now settling between low $380's and mid. Depending on the news a large dump can always cause big dumps.
Where did price touch $350? I am wondering if that was a one off trade. Do you have some charts/data to support that?

it seems that the lowest was 355, see here

-snip-

The coindesk price ticker is a combination of several exchanges shown as average price.

Bitfinex touched $352.5.
Bistamp touched $352.
9646  Economy / Speculation / Re: Back to $ 400 soon? on: January 20, 2016, 10:43:14 AM
no way  Smiley Grin

The price has been below $400 for 4 days now. Everything is possible in the bitcon world. The price is too volatile.

i am sure that if the whales want, they can get the price above $400 again without a problem. the price is being held down at the moment. the reason for that could be that some large traders are accumulating coins.

Yes, there are lot of people buying bitcoin right now. But I do predict it will bounce back very soon to $400 to $450 levels within this week end also. There are continuous new money inflow is seen across exchanges.

Surely the price will bounce back again in $400 mark in the upcoming days or weeks or even month but it is sure. The effect of the recent major bad news in the price will soon be ended and Im pretty sure of that.

Everyone has the same hope and value will bounce and cross the margin of 400$ by the end of this month.
This has been predicted based on the fall in the last few days. The bitcoin production getting which also
leads to a increase in its value. So soon rise in value can be observed in bitcoin.

Surely the price will back again in track. And besides the price fall not because of economical related reason but rather all about own human/people's interest.

BS, incoming dump in 5 days. You néed to wake up from your dream.

How do you know this? Insider information? I also think the price will go back up to over $400 and advance further from that point.
9647  Economy / Economics / Re: Wall Street Crash Begin on: January 20, 2016, 10:23:45 AM
After the rise of interest, the dollar becomes much stronger. The world stock market has crashed. It is much lower than a year ago now.

People keep saying the prices are crashing... The prices were simply way too high. Prices are comming down to more realistic levels which is a normal happening. You can't expect the prices to go up without a significant correction at some point. I think there is still 10-20% that will vanish into hot air the comming months.
9648  Bitcoin / Bitcoin Discussion / Re: Bitcoin: more lives than a cat! on: January 20, 2016, 10:17:31 AM
I don't think that we can declare Bitcoin until the price goes to 0 cents. That is when it will truely be dead.

Even then Bitcoin isn't dead. Miners need to quit and all full node hosts need to shut down. Or simply the internet must stop working. That's how you kill Bitcoin. Other than that there isn't any possible action that can kill Bitcoin.
9649  Bitcoin / Bitcoin Discussion / Re: I feel pity for bitcoin on: January 20, 2016, 10:14:26 AM
It's very clear why Mike Hearn has left. Beside that, Bitcoin is in full working condition and is by far not broken as he is saying. That alone makes me find him nothing more than a spy and an anti Bitcoin hooligan. I don't mind the fact that he left, Bitcoin is better off without him. He is working on something else which is explaining why he has left Bitcoin.
9650  Economy / Speculation / Re: The price is below 400$, What next? on: January 19, 2016, 09:57:21 AM
The price is going down. I expect it to reach below 350$.

What are your thoughts?


Hmmm... my crytal ball tells me it will remain around $370-390 for a couple of weeks before it suddenly increase to $450...

Sigh... my prediction has never been right...

I am happy already if the price remains stable during the comming weeks. After that we can see the price go up as support is building up and gets stronger. My guess is we will touch $400 this week. I only don't think the price will hold at that point.
9651  Bitcoin / Bitcoin Discussion / Re: why china used as a benchmark price of bitcoin ? why not other countries ? on: January 19, 2016, 09:51:37 AM
China is leading as in having the highest volumes, and thus it makes people think that the prices at Chinese exchange are some kind of a benchmark as you say, and the other exchanges will try to match their prices. It's just the volume. Nothing more. I personally don't value the exchange rates and volumes of Chinese exchanges. I only follow Bitstamp and Bitfinex.
9652  Bitcoin / Bitcoin Discussion / Re: Lets help Satoshi Nakamoto on: January 19, 2016, 09:46:39 AM
By pruning the blockchain to start from mid 2010. This way his bitcoin stash will be void and people will leave him alone once and for all.

Maria.

People already leave him alone since no one knows who he is. His private life might be just as normal as our private life. He just needs to make sure his coins won't move and lead to his real life.
9653  Economy / Speculation / Re: Long Term Speculation of Bitcoin - Sell $400 Buy $300 Sell $500 on: January 19, 2016, 09:13:54 AM
If it was that easy, then people would all become a millionaire in a very short time. I can't see the price go to $300 as the panic is over. People now realize that what they did was stupid and are now buying back. And if it happens to go down that far, then I'll day trade during that period.
9654  Economy / Speculation / Re: Bitcoin will be stable in 2020 on: January 19, 2016, 09:08:54 AM
Bitcoin price will never be stable unless we get Wall Street level investors into the Bitcoin market with their billions $$$. Currently a whale with a few million $ worth of BTC can manipulate a certain exchange massively. But then again, these high level investors will never ever use the current exchanges to trade on. Current exchanges are amateurish and can't handle the millions/billions from these traders. They need a professional platform where they can trade without issues.
why BTC is not the value of the gold ,if bankers get gold on the value of BTC , we do not need to experience severe fluctuations ?
I suppose it could be run in a gain regulation ?

Gold is widely supported around the world. Bitcoin at this point is only being supported by a very small group of people. Imagine what potential growth Bitcoin can go through if the adoption doubles from current point. It takes time, eventually when there is enough demand the market cap will grow significantly.
9655  Economy / Auctions / [Domain] WebShop.pw on: January 19, 2016, 09:05:45 AM
# Registrar : Namecheap
# Expiry : Januart 18, 2017
# Start bid : 0.01BTC
# Minimum bid increments : 0.001BTC
# Buy now : 0.10BTC
# Auction duration : 24 hours after last bid.
# WhoisGuard included.
# Escrow possible.


I will always ask you to send the funds to : 12oWtmuwHipw9rC9BYUuMGWMWB3RxMsxUN

By placing a bid you agree with :

# Winner of the auction pays first if you don't want to use escrow.
# Transaction must be completed in less than 24 hours.
# Private bidding is not accepted.
9656  Economy / Speculation / Re: price going back up? on: January 18, 2016, 09:14:49 AM
Do you guys think its a good moment to buy btc for another Price increase?
Im new to the Bitcoinbuis and also wanted to had a nice moment to jump in ;9
Would be great to have  a good advice  over here Wink

regards


If you plan to hold your coins for the long term/mid-long term, then surely yes! Invest now and keep holding at least till we have completed the block halving. After that you can cash out to secure your profits or even decide to hold longer.

Short term investment is quite risky as right now anything can happen. We may go up to $400 levels and higher, but it can also come down to lower $360 and even $350 if the panic for some reason is comming back.

If I was you, I would just buy and hold.
9657  Economy / Economics / Re: Oil Prices Slump to 11-Year Lows in Asia and Europe on: January 18, 2016, 09:08:58 AM
The oil has dropped below $30 recently. It will drop further when the Iran oil flush the market. Bitcoin is a safe heaven now.

Iran is pumping real hard with their oil. I think at some point we might even see the oil price fall to possibly $20!! Supply is extremely high while the demand is just at normal levels. It's good for the normal people since 1 liter of petrol here "just" costs €1.30 right now.
9658  Bitcoin / Press / Re: [2016-01-17]Is Bitcoin Breaking Up? on: January 18, 2016, 09:01:13 AM
It's good fun reading through all these anti Bitcoin articles. It only shows the ignorance of all these news sites. I was already suspecting them to not know much about Bitcoin, but now it's confirmed. They DON'T know anything about Bitcoin. Before publishing such articles they should do some research first, they just post anything regarding Bitcoin without doing some background research. It's pathetic.

Bitcoin is getting stronger since these parasites are "leaving" to work on their own shitty project. I am glad to see Mike Hearn leave.
9659  Economy / Speculation / Re: When to hit $10,000? on: January 18, 2016, 08:51:30 AM
i think it would not be happen in this year or next 2-3 years the highest reach bitcoin price in this year might be approximately $700-$800

The highest price the bitcoin can reach is around $2000 this year. $10000 could be reached in 3-5 year's time.

How do you know that without even seeing the price go over the magical $1000 barrier... Let's demolish that level first before speculating about prices of $2000 and up for this year. Right now even $600/$700 seem to be a million miles away.
9660  Economy / Speculation / Re: And so the crash continues... on: January 18, 2016, 08:48:29 AM
Where is the continuing crash? It's just normal volatility after the heavy panic selling that we have seen. It's nothing special. We will see more of these $10-$20 price swings the comming days. The crash will continue when we see the price go below $350. Then you can create as many threads as you want. Right now there is no crash. We're still in the recovery phase.
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