There is nothing to worry about if you just use exchanges as Bitstamp, Bitfinex, Kraken, and so on. i think the worst thing that people do and after what they have a lot of problems with exchanges is keeping their money in it as they can easily turn to a scam after some time
Yep. Another way of reducing risks is that every coin that you have must be kept offline if you are not trading. People tend to not take this too serious, but we have seen enough exchanges go offline because of a "hack/inside theft". People unfortunately only seem to learn things when they have to pay heavily for it. |
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At this point there is not much that excites me beside the halving. All other things that will be released/announced that are good for Bitcoin are considered to be a nice bonus.
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- fast confirmations
- increased capacity of txs/second
- reduced size of blockchain
- ability to re-transmitting tx if the fee is insufficient (adding/increasing fee after tx was done).
If all that was done on the level of blockchain, without any sidechains etc I'd be pretty happy.
Spot on. |
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Kinda feeling bad for the guys that felt for the FUD and didn't buy insane amounts at sub 300's BTC, it's looking more and more than we are at the last days of ever seeing sub 300's BTC. BTC on the 300's range will be history soon.
It's normal that people don't want to buy when the price looks dumped to the ground. These kind of people only buy when they see the price go up, they see it as a confirmation that the price will go even higher. Best thing to do is buy when the price is dumped down a lot, but only smart people have the balls for it. |
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it easily might happen as the price of the bitcoin is not stable at all and it always goes up and down though i hope that it will go only up from now
We are close of the 400$ mark now at 433$ I think the economic events that will unfold in 2016 will spike up the price of bitcoins to thousands of dollars i heard in 2016 global economic will crisis, it will impact to bitcoin price. i guess drop to below $400 is possible Where did you hear that? If it ever happens that the global economy will see a massive downwards spiral, then most old fashion traders/investors will look into something that doesn't get affected too much. Bitcoin will be a great choice for them.  |
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Less new coins minted means it is likely to see the price go up as form of compensation for the lower block rewards. The price increase will start before the halving has taken place.
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The reason the internet is littered with his photos is that he was one of the first to be suspected after a long time of no "outings". The media jumped on it so big, that this is the result nowadays.
He is not satoshi, nor is Craig Wright. This guy was just the victim of a bad research journalist that wanted to make a name.
The media will not stop with pointing fingers at who might be Satoshi. First they supposed it was Dorian, and now Craig, but who's next? David Hasselhoff? It's low quality journalism. |
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Nope, I think this issue has been cleared few days ago that proved Craig Wright is not Satoshi Nakamoto.. I think its not really important to know who is Satoshi Nakamoto, just my though indeed
I think there was never an issue. Craig Wright is obviously not even close to what could be Satoshi. It's once again the media/news sites that spread this nonsense everywhere to attract some traffic to their sites. |
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Placing a Bitcoin ATM somewhere is nice, but you need to make sure that it doesn't cost you money at the long run. If you place it somewhere where a lot people come, for example in a supermarket or train station, airport, etc, then it might be worthwhile. Either way, at the beginning it will only cost you money.
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We going back to 500 which is a superb way to start the year, people said we would be under 400 again by January 1 (by people I mean the fudster that are always lurking this forum).
They are trolls. They just hope the price to come down so they can buy themself a few coins before the real pump shows up. It's another wrong prediction from them, how sad.  |
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of course it will survive the weekend, the price seems to be pretty stable right now as its on 430 and the weekend will be only 2 days
The price can go down significantly in a matter of 10 minutes. 2 days doesn't say much. But I also can't see the price go under $400 any time soon. |
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I think BTC can replace fiat sometime in the future, with how technology develops it's pretty possible to see BTC at such a level sometime later.
Stop with dreaming. Bitcoin is an alternative, how hard is this to understand? Fiat currencies will remain as main currency in the world. Bitcoin can't change that. |
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If Bitcoins fell below USD 100, the 'trust' on Bitcoins will fall, which will make it hard to retain the interest in the coin - and this would lead to an even weaker rate of exchange.
Even now, many of people and also shops are afraid of using bitcoin because of its fluctuations so 100$ is not what we expect. If certain people are afraid of Bitcoin going down by a lot, that's one thing. But shops don't look scared at the Bitcoin price since they use a service as BitPay to convert all their Bitcoin sales directly into fiat. Merchants don't worry about the price. |
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The price will rise anyway. If it's not done by legit growth, then Chinese exchanges will manipulate the price just like MtGox did. The only question when the Chinese exchanges do manipulate the price, how sustainable would it be?? Will we see a huge drop after reaching a new ATH?
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Although can not say whether it is still bullish or started bearish but price will not only survive but also will remain stable in my opinion.There is nothing to be worried about.
Seeing the price go up from below $250 to right now $430 is not exactly what I consider to be bearish. At this point the price advance has slowed down, but it will start to pick up again, perhaps within this month. I have my price target for this month on $500-$525. |
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I have a cheap prepaid simcard that I bought for €3 that I use for giving my number to services if they require you to add one. Best solution.
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Of course Bitcoin isn't safe, you'd be crazy to liquidate your assets and dump the money into Bitcoin. Just ask yourself how you would feel if you wake up one morning only to find that your 2 mil is now worth 700k However if you're operating an illegal and highly profitable business then funneling your profits into Bitcoin is not such a bad idea, the government doesn't yet have the proper system in place to deal with that type of money laundering If you do it at this point, then your $2 million will increase significantly in value just before the block halving. Then you're not crazy. In normal circumstances, you have a good point. Especially when people don't know the difference between the bottom and the top at the moment of investing. |
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Nothing is truly safe. Bitcoin has many advantages over a debit card and as time goes on it will become apparent why it is better than debit/credit/banks. Right now it may be hard for people to see that but you simply don't have to participate.
It's not hard to see that. The real early adopters have seen this comming back in 2010/2011. And look now, they are greatly rewarded for their trust in Bitcoin. Only ignorant people find it hard to understand that Bitcoin as technology and currency is far superior compared to the old fashion financial system. |
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I'll try to be realistic as possible. I will say $1000. I expect the price to rise higher through 2016, but the price will come down and settle somewhere around the $1000 level.
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No not this year as there is only 24 hours to go until the year is over and from my calculations bitcoin prices have gone down in the last 2 hours. Does not look to promising for it to rebound in the day that is left of the year.
Do you mind to tell us what your calculations are? Because it makes zero sense. You probably just look at the charts and see the price went slightly down, and you tell us that it is due to your calculations. |
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