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I think what we are seeing is pure FOMO where people are buying bitcoin purely to get their free segwit2z coins. Because the BCH fork went fine, they're treatin this as just another airdrop that they don't want to miss out on - even though this fork is very different, one chain aims to kill the other chain.
This is my fear. People are thinking it is like BCH, but at that time, there was replay protection, the addresses had different structure. Now there's no replay protection, its the same addresses, hence its the same coin but on different chains. People will dump B2X in exchanges which support both coins and their BTC will de dumped altogether. Also coinbase will list it as BTC, and people will be buying B2X thinking its BTC. Those who are not going to dump it will not lose their coins, but the price will be affected, as the massive dump of thousands of users will create a bear market and miners will lose money with it, as the difficulty will still be the same because theres no replay protection. Maybe the price will be even less than the costs for mining, which would affect China as well. Everbody will be affected, including the B2X guys, as their coin will be priced very low in relation to mining costs, turning their network slow. Also there will be no lightning network, unless theres a complete change of POW where mining is turned irrelevant. B2X is a open attack on the network. Exchanges should NOT list B2X as a separate coin until it have mandatory replay protection, as it happened with BCH. So if they don't list it as a separate coin, what is the alternative? these scammers want to destroy the legacy chain. It must be measured in the market that B2X is refused and dumped into oblivion to crush the hopes of the forkers. Let's solve it in the market instead of the current nonsense of the hardforking corporations implying that everyone using Coinbase supports it. Let the market decide, otherwise Coinbase and co should be ready to face some serious lawsuits. Without replay protection, it's too much of a risk for the exchanges - people could be sending teh same coin to them over and over and they'd go bankrupt. I wouldn't take the risk if I was their shoes. The only solution from the exchange's point of view is to suspend all trading on bitcoin over the fork, and then let the miners battle it out, and the list the chain with the most support. IF however segwit2x concedes on the replay protection, them both chains can be listed. But there is no sign of that happening. If that is the case, then some people can use Bitcoin Cash to do the transaction. That has replay protection. |
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Be patient, $ 3000 will not be long, I'm sure this August the price will reach $ 3000. And this is not the highest price, but the price will continue to rise until it is difficult to predict.
If the BCC fork can attract many media attention and many people will know about bitcoin, the price could be higher than 3000. |
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the last gpu from amd have their hashrate cut of 30%, not that good anymore, nvidia is better now with the new clymore build that do 25Mh with a 1060, perhaps you are talking about new professional vega amd gpu? this gpu maybe are good but need farther testing I think nVidia 1070 will be much better in terms of ROI than the 580. |
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Open Air frame cases all the way here... My solution was to get my wife interested in mining. She's practical enough to recognize the money potential and she knew she was marrying a geek many years ago.  We now even have a rig mining next to our bed....  I do have a full tower case for my main PC that has a pair of GTX 1080 Ti's in it (one of which mines around the clock). I would not want to put more then that in it unless you have a very large EATX tower. I tried that route back in the early days of Bitcoin mining on GPUs and it was a constant battle with heat. I have one mining next to my bed. It has 6 R9 390, under volt and consume 1020W. Very quite. |
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I believe there is no "safe" way to make that happen as for every solutions provided, there will be presence of failure no matter how little. Even keeping it might lose value and would not even achieve the objective in a short while. But from my view here with adequate knowledge and enough spread one can meet the target by crowdfunding and also through crypto-trading.
It is quite risky to invest the bitcoin directly. Too many scam sites. |
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Doubling this amount wouldnt be easy , as OP asked for on how to double this amount, it would really need investment though in able to double it but this doesnt mean that you would able to double it safely because as we all know that investment do have risk on lossing money. You could actually make some huge investments like creating a gambling site or an exchange site.
Maybe when the ZCash price drops to around $10, you can buy quite a lot of thsoe and double your money. |
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Put 100,000 in a bank high interest paying bank account/product. Say 1%.
Use the 1000$ as a stop loss and trade(only if you know how) stocks. Or buy stocks and write calls.
Generate decent returns which will turn your money to double in a decent time frame.
This is what I am thinking too that if you wanted to double that $100,000 let the bank work for it. And the banks are going to be happy if you are going to invest that to them. And that is going to be in time deposit and you are not able to withdraw that for the contract you have agreed together with the bank. But of course there are still some taxes to cover up for that. You can double that amount in bank safely but you need to wait a longer period of time to make that happen and by the time you double your money the value of that is lesser due to inflation, still not a good plan, better invest it somewhere else but not bank. In today's low interest environment, it will take about 200 years to double your money in a bank. |
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With that amount at stake. Never safely.
Especially in this economic climate it would difficult to even try and do $20,000.
the amount doesn't really matter since every kind of investment is coming with a risk. however, with low amounts people tend to take much higher risks compared to when they are trading with a serious amount for example. If you can risk a small amount of money, you can invest in the less well known coins and make good profits. |
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I have $100,000 to invest but want to safely double it in a year. Any suggestions?
You should go out and gamble with it because that way you can double it with in no time of you win, but play smart. Play with only a couple thousands because it is not worth it to play with everything you have. You can just buy bitcoin with the fiat. I think the price will doulble in the next two years. |
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A safer way to do it may be investing in alternatives that not easily fall in price, such as gold.
However, as far as I know, bitcoin can be more favorable than gold sometimes, in terms of potential for earnings.
I think so. The good coin to invest a few months ago was the Monero and Ethereum. But their prices have risen a lot. |
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i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.
4000 dollars will definitely be reached in like 2 years or so, bitcoin is going to grow at a very rapid pace because of a really fast adoption i think two year is very short time for bitcoin price reach to 4000$ , i think it will take too long time like 4 or 5 years that bitcoin price will be reach to 4000$ because bitcoin recent price is 565$. Yeah don't expect $4k price before next 5 years as its never gonna happen and we all know that how long its taking even to touch the price of $1k and I think it will not even touch this price in next halving in 2020. If the bitcoin block size is increased, more people will use it. if the number of users doubled, the price will be $2500. $2500 price is not possible in next 3 years as price is below $600 now and it will take long time even to touch the price of $1k so $2500 is impossible in next few years. If the user number of the bitcoin doubles in the next three years, the price of the bitcoin will quadruple. So the price will be $2500. That's some fuzzy math. How do you even figure that? If you were saying the number of bitcoins stays constant and demand doubles, price would only double. So how do you figure that twice as many users equals 4x the price, while supply is increasing? Doesn't make sense. It is simple. It is the networking effect. If the user number doubles, the price of the product will quadruple. |
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Price will boost up at the end of the year and current recovery gives an positive indication that price will keep on rising and it will achieve new milestone in this year.
I think the year end price could be between $800 to $900. If we have the implementation of the 2MB block size, the price will be higher. |
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I think that bitcoin will not grow like before x20 i think that growing will be much slower maybe 15-25% per 3 months because bitcoin first must become more popular than paypal to grow 20x.
Halving is past already, price is around $660, people who think that price is gonna grow to $4000 soon, are you ok?  I thought that bitcoin community without dreamers. $4k will take long time to achieve and its not possible to reach there very easily as we are finding it very hard even to touch the price of $1k since long time. reaching $4k can only a dream by this time, it is taking a long or short position after price breaks out of this triangle. If price breaks out to the upside, look for a target of $750-800. If the price breaks out to the downside, look for $600. That is good actually because it will add up our confidence to invest in bitcoin, $4,000 will actually happen but as to when we cannot determine yet, maybe after the next halving as that is too far away with the current price. We should watch our for that. $4000 could be achieved before the next halving. I think after good adoption, it is possible to be in 2018/19. |
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op is missing some important points , That was the previous halving of previous (means when there was mtgox exist) and they where somehow the reason of that price increase but when mt gox exchange crashed it reached $200 .
If the OP thinks 12 months after halving also counts as after halving, then he could be right. The price could be that high. |
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No the bitcoin will not hit this amount its just way too high for the bitcoin and the halving that is coming.
I think 1500 dollar for the halving is way more realistic to be honest, its just not possible with the halving, 4000 dollar...
I think the 1500 dollar is not for the price 3 months after halving. It might be achieved with 12 to 18 months after halving. |
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