Bitcoin Forum
June 17, 2024, 06:36:02 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Speculation / Re: Will Bitcoin remain dominant on: June 13, 2018, 08:24:14 AM
Probably bitcoin will be dominant as long as blockchain dominates. But do you really think blockchain is the last word in technology? In 2009 it began a revolution, but now the year of 2009 looks almost like 'the saintly days of yore'. Can you imagine what will happen in the next 9 years?!
2  Bitcoin / Bitcoin Discussion / Re: Segwit2x is dead, long live Bitcoin on: November 08, 2017, 09:23:10 PM
Could it be this 'suspension' is somehow connected to launching of Bitcoin futures by CME Group?
3  Economy / Speculation / Re: how to predict bitcoin price increase or decrease? on: November 07, 2017, 03:14:38 PM
If you know how to read the charts or if you are a professional in technical analysis then you can read, understand and get a hint from it if the price of a coin will go down or not and that will give you chances of getting a higher chance of guess and you can make profit with it by just reading and understanding the charts.

I'm not a big expert in TA and Elliott waves, but AFAIK no one using these devices predicted in January, 2017, when BTC was at $1,000 level, that it would be at $2,000 by midsummer and fantastic $7,000 or so now. At the same time I think this methodology works well on Forex.

It's time to decrease!!

Yeah, going down and then up again before the fork?! And stopping somewhere near $8,000, as Goldman guys say?!
4  Economy / Speculation / Re: how to predict bitcoin price increase or decrease? on: November 07, 2017, 02:21:29 PM
It is impossible to predict and that is why people are not millionaires and they sit on forums like this, discussing courses and more...

But some guys ARE millionaires!

I do not think anyone can control bitcoin. The price of bitcoin fluctuates according to economic rules. If you want to predict the price of bitcoin, you should learn more about economics.

Have you read this?

"Bitcoin Risks Consolidation as $8,000 Approaches, Goldman Says"

https://www.bloomberg.com/news/articles/2017-11-06/bitcoin-risks-consolidation-as-8-000-approaches-goldman-says

Don't you think these people, Bloomberg, GS, etc., CREATING SUCH NEWS, thereby influence the exchange rates? And they know what they are doing.

5  Bitcoin / Bitcoin Discussion / Re: Good writeup/summary about the S2X situation on: November 06, 2017, 08:39:34 PM

I don't think that "they" do.  Regardless, that still doesn't make it an "attack", just an open source project.

Bitcoin is not just any other "open source project". It's strength relies on all nodes following the same consensus rules. Anyone is free to create their own node software as long as it doesn't go against the rules. If you want to change the rules you need massive consensus, something segwit2x obviously doesn't have. The conclusion is this is an attack, promoted by corporations. There are technical reasons to not hardfork Bitcoin around. These are all facts, which you may or not face...

You mean 'massive consensus' between all big players? big & small players? all Bitcoin users?

I'm afraid average, so to say, 'awareness rate' is rather low now and becoming still lower. Most people came just
...to profit off this mass confusion.

And I don't blame them - human nature, you know...
6  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: November 06, 2017, 07:46:31 PM
From my current investments, the money I would get from Segwit2X (let's say $1800=BX2?) is approximately the same that the profit I may do from selling BTC at the peak before fork (let's say $7500).

It seems the peak was yesterday and now for a while (how long?) BTC will be going down.

...The only reason to invest in BTC now is that I have just collected my salary and think that after this $500 correction bitcoin can only recover till $7500.

You mean 'recover till $7500' before the fork? Or after?
7  Bitcoin / Bitcoin Discussion / Re: Should I invest now or wait a while? on: November 06, 2017, 07:14:40 PM
Hi world Smiley It’s a really hot topic now!

Maybe I’m wrong as a newbie, but the only reason to buy BTC now, before the upcoming hard fork, is a desire to get an extra B2X coin for free (if your wallet supports the option) and a hope that the total price of both coins after the fork will be still higher than the rather elevated price of BTC now.

Have I missed something?

(I mean short-term investments; in a long-term sense it’s perhaps always wise to invest in (= transfer money to) Bitcoin.)
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!