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miners does not really need to sell on exchange, they can always sell privately, i'm sure that there are many that are willing to buy the so "worthless BIPxx" coins
miners are the backbone of bitcoin, they come first than anything else
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Price is still under 400$. Maybe December 2016 we can see 1200$ again. I'm waiting for that day.
well i hope this time it won't fall again to 230 after a year, i want a stable 1200, not pump and dump rich scheme a good thing is that we are increasing nicely and very slowly in comparison to what it was the last ath |
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i like kraken, if you are in europe it has a very fast transfer, the same day basically if done on morning
otherwise there are the common bitfinex and bitstamp, if you want more volume there are the chinese exchange like houbi and okcoin
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I will buy bitcoins if the price is lower.
Now is kinda high for my price.
this is relative, the price will be lower wehn you compare it to the future value of bitcoin, the same happened when the price was around 10, it was expensive for those that were accustomed to 2 and so on |
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what if he locked them on purpose early, and then he bought another great amount for cheap at the beginning, just to make so that bitcoin can have a great vlaue in the future
everything could be at this point, but i also remember that he said "never delete a wallet" so i suppose it's very hard for him to lose all his coins, he made for sure several backup
the only thing remaining is that he is dead
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Looks like the top has been reached at 380. Sell before the drop accelerates.
i don't think so, it dropped like that when we were around 350, then it skyrocketed again is yet to be seen the full outcome of this pump, there may be some good surprise, i would buy at this range, at best it could drop from few % |
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That's my thought about this. A rise in price without news suggests to me that someone is trying to push up the price and profit from that.
Who's someone? there must be a lot of people needed to be able to push that high  (except whales ) i still see plenty of 100k bitcoin among the top 100 rich list, and someone has even more than that they could be some exchange but i believe there are still early adopters with more than 50k bitcoin |
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i would simply hold and wait for the price to recover, i can't other better ways that does not coem with the same risk
until you do not sell and wait for you initial target you didn't really lose anything
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How to earn money with bitcoin ?
Simple hodl them and wait the "revolution". And that is over 20-25 years. Waiting that long. I dont have so much patients with that. nah in 5-10 years you will see the real potential of bitcoin already no need to wait that long, be patient for a little more and you're done 1k-10k target should suffice for everyone, it may happen before the real adoption takes off |
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bitcoin is relatively safe, in the long term, don't look at the short term, plenty of manipulation going one, bitcoin need still plenty of time to grow
when everything about its problems will be settled, i beliave you will see the real usage of it, big merchants are waiting that after all, no reason for them to not accept bitcoin
I wouldn't say bitcoin is safe in the long term. Imagine someone bought bitcoins at 1000$ and after a few years they find out the price is at 300$, do you consider that safe? Of course not because it's not. my definition of long term wasn't 2009-2013, but 20 years like satoshi proclaimed with his quote, so the last ath does not count anything at this point, wait for 2030 and if by then you still have to overcome the loss about the 1200 ath then you might be right I would say that any investment that takes so long it's not worth it all. 20 years is a massive time lapse, there is no way to know what will happen with bitcoin or even with the world in 20 years. What if bitcoin only goes to 1000$, would that be worth it? No, I mean you would obviously look for something like each bitcoin to be worth 10k at least and you don't know if that will indeed happen. well it's not 20 years anymore, now we are at -6 years so only 14, i think it's worth the way, you can't expect a new technology like bitcoin to skyrocket in 5 years, it's ridiculous |
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Check out BTC/CNY volume. China's driving it higher again.
so the rest of the world just adapt to their crazy demand, this is good, they are increasing directly the value, by forcing the other to have the same demand this could explain the recent price surge, basically it's always china involved |
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2013 : 100 USD
2014 : 200 USD
2015 : 300 USD
2016 : 600 USD
2017 : 800 USD
2018 : 1200 USD
2019 : 2400 USD
2020 : 5000 USD
The price prediction is quite realistic. The user base will at least double every year. The price could go even higher. a bit underwhelming to see 600 only for the 2016, when we reached 500 few weeks ago, i do not agrre much on that, even if we are talk only as a stable value right now we have lready a 350 stable value, almost 400, so if this is true by his logic, 2016 should be equal to 800 and 2017 should be above 1k |
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this look more stable than the theory of "one rich guy start a pump and average joe start investing in to ride the wave", but at the same time bitcoin and banks are not friends, and they are still very concentrated with their own blockchain
not to mention that some banks are started like in russia, which will hinder the adoption...i don't know for sure about your value estimation, but i'm also in the side of thinking that the enxt year is the right year to have a new ath
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it was the same when we were between 230 and 280, exactly the same thing, but with a two instead of three as the first digit
there where no news and the price increased, news bring a very big pump, but this does not mean that we need news everytime we face an increase...
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and why do you think so? Did it not exceed your expectations in price?
probably has to do more with the fact that the adoption is growing very very slowly, almost stuck there, price is a natural consequence of that without adoption, massive usage from average joe it's hard to have a good price |
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It's not comparable, both of them are recommended.
not right, there is nothing that bitcoin can not substitute, it's a global means of payment after all why i should pay more when i pay less, i don't mind waiting a bit more for confirmation if this is your concern, you can wait when you do online spending WU very useful for someone who doesn't know about the technology and bitcoin, usually if a person works abroad they will be confused, to send money to their parents, their parents, can not play bitcoin WU is best choice well if this is another problem about educating themselves for bitcoin, it's more like their fault than bitcoin itself i can't see how this is a problem of bitcoin, by learning new stuff they can save more, like it was for email vs fax and stuff like that bitcoin is the natural next step in the future |
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in fact litecoin has several advantages over bitcoin but the price of litecoin and litecoin community, not as expensive as the price of bitcoin and and not as strong as bitcoin community  well the first point is true because the value of a litecoin is much smaller, and we know that it is easy to increase from a small amount to a higher amount than from a higher amount to an even more higher amount the second one is not really an advantage, beacuse it will only slow down asic production, since scrypt miners cost more to produce, for the tons of memory needed the third one is about confirmations mostly, but there are off chain system for bitcoin which help solve this problem, and anyway it's only a problem for phisical shop, also it lead to more orphan ot have a faster confirmations |
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i think we should differentiate, from stable price and unstable price, in 2016 both will happen, nothing will prevent an unstable price of 5k-10k range, and at the same time we can have a stable price, after consolidation is reached, of 1k
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Bitcoin price matter for future payment,its must be have stable price,but as crypto currency,its doesnt matter
you are right, mass need a stable price for their currency, I'm quite confused with it, what the price of bitcoin can be stable in the future or not  Yeah, I wonder when gold will be ready for mass adoption since it went from 1900$ to 1000$ per ounce in just four years time. The price of bitcoin matters depending on the use case. Isn't Bitcoin awesome, so versatile and we haven't seen nothing yet! if even the price of gold can not be stable with its 6T market cap, how can someone believe that bitcoin can be stable with its silly 5B market bitcoin in the future can be as unstable as gold, but with a much higher value, i would not be surprised to see big swings from 10k to 50k... how are you so sure, if bitcoin will definitely have stable prices like gold even price more than gold? was an analogy, if you have a 6T of marketcap which is not stable, and for that matter gold was always consider very stable, how can you say that bitcoin with great adoption will be stable it's a bit delusional, greater adoption mean only less swings over time it does not guarantee a perfect stability |
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