[...] Right now this is a healthy correction - one many people called - that will lead to another bullish year in 2018 with BTC prices well above $50k. BCH might die however  I feel like a kid in a candy store right now. Admittedly selling bitcoins is still my weak spot, but I sure put my dormant fiat at use. $50k btc in 2018 sounds steep, but bullish like you nonetheless. I really consider $10k bitcoins cheap (a lousy 175 billion market cap), kind of funny how perspective 'evolves'. |
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To put our previous annual dip into perspective:  Thank you. Once you got this feeling of 'been there done that', for multiple times, I just can't resist to smile a bit. I have patience, Bitcoin doesn't. That is all that matters. |
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Panic or despair already? Very much having a deja vu feeling, anybody selling today will have severe regrets within 6 months. Feel sorry for the short term newbies.
Have a beer, life is good.
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Yes, bitcoin is death indeed  Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos... Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff... kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day! ....clueless presently...but I'll figure it out! Congrats! |
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Looks good! Can you please expose the public key? That way we can check it is still funded. Secondly it is common practice to take a picture with your coin + forum name written on a piece of paper, so we know you actually own the coin. ExampleI will make the opening bid though: 0.5 BTC, escrow with Minerjones. |
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In between all this short term bearish posts and sentiments, I will make a Bitcoin market cap prediction. Something I don't do often but I feel Bitcoin currently trades at an attractive discount:
Bitcoin today has a market cap <250 billion. Q3 2019 I expect the market cap to be >500 billion.
Please quote me for future reference.
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Hey, just downloaded the GUI wallet and am trying to figure it out. How exactly do I connect to a public node (that way I don't have to sync the blockchain)?
[...]
https://moneroworld.com/To use remote nodes with the Monero GUI, include the node address under the Settings tab and be sure to use the proper port:
node.moneroworld.com at port 18089 - Remote nodes volunteered by community members.
node.xmrbackb.one at port 18081 - Remote nodes maintained by Snipa
node.xmr.be at port 18081 - Network nodes with 18081, possibly by accident.
node.viaxmr.com at port 18081 - Same as above, but different DNS server.
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[...] since 4 years in xmr I just got used to rises all the time... Just want to see 1000 some day...
Are you from the future? Can you give a sneak peak perhaps? |
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Anyway, I see you have at least another 0.011 btc left, is suppose you could just repeat this with 0.01 the next year when btc reach 100k, and the year later with a mbtc for the 1m usd parity...
Oh wow. What a wonderful laugh, erre (no offense). Bitcoin will absolutely, certainly, and in the most confirmed way never, ever reach $100k, or even $50k or $25k (we are at its top more or less), and, I can't believe I even have to type these words, certainly not in "the next year". Not in the next year. Not in the next 2, 5, 10, 50, or 100 years. Not ever. You don't have to trust me on this, just read the best confirmed sources and look at the charts. It's very obvious, I'm sorry to say. I will absolutely offer 0.01 BTC to whomever first quotes this message (erre excluded). If bitcoin touches $100k USD $25k on any major exchange (GDAX, stamp, finex, kraken) at anytime within the next 365 days, and not through some silly glitch, then the first person to quote this will receive 0.01 BTC. My last offer did carry some risk that I was aware of, of course, since it's always possible for silly and irrelevant gyrations (which the current prices are). I obviously got burned by these irrelevant aftershocks. This offer is confirmed to be on my side (and that's not putting it nearly strong enough). Bitcoin poetry at its finest. Cheers guys:  Can someone photoshop this please? |
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So I'm making a holiday bet with an in-law.
[...]
It's a win-win bet for him. I'm doing this because we need to convert more people to see the power of this new "digital gold".
I learnt that simply giving small amounts of bitcoin away for free is how people learn. They can never get mad at you when it declines in value and five dollar of bitcoin nobody bothers to sell. A few years later they notice it is worth $50. Now they are approaching me, strange human beings. |
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I’m a harder bull than many in this thread. I have a 5 year price forecast of US$150 - 500k. The reason is because I believe that Bitcoin has been mischaracterised as an asset when it is really a financial instrument. In the period 2000 - 2007 the global value of CDOs rose from $69 billion to $1.7 trillion. Bitcoin could easily do the same except it is starting from a higher base and has the potential for much greater capital inflows and higher market cap because it is also traded by retail investors. So I put the market cap at $2 trillion to $5 trillion after 5 years. This is without any disruption of the existing market system - ie the value of the US dollar remains much the same. I have assumed for these purposes that the number of generated, non-lost, non-dust Bitcoins is somewhere less than 12 million.
I come off as a bear sometimes as I am a big fan of Nicholas Taleb in the book The Black Swan. Looking for black swans is a bit of a hobby.
In any event, come what may, I enjoy the company of everyone on this thread as we share this historic journey.
Besides your interesting viewpoint, making the highest future price prediction is not what qualifies you as 'a harder bull than many'. Especially during an incredible bull market. Holding on to and accumulating bitcoins, whether it goes up or down (for years), does. Most bulls eventually break and reduce the risk, especially if you have a serious stash. In short, personally, I'm planning to liquidate half of my BTC stash at the time when the fiat value I will get is enough to allow me to quit my job and pursue an independent career in my field. The other half I will keep, in the hope that BTC will eventually become something much bigger than it already is.
Reminds me of this post ($1200) by former reddit moderator (?) jratcliff63367. And Elwar ($4500). We almost all have our fiat breaking point even on a Bitcoin forum, and I already hate my future self for it. It gets tempting when reducing your holdings by 50% still sets you for life. To add to the bullish sentiments but as well for the bigger picture, I can recommend reading this article by Miguel Cuneta (Co-founder at Satoshi Citadel Industries (sci.ph): https://decentralize.today/dont-fall-for-the-hype-why-bitcoin-s-10-000-price-doesn-t-reflect-its-true-value-6b42a59fce0a |
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Very nice looking coin. What do you mean with the below, since the coin is already graded? Grading Option is available and costs $20.00 (grading takes 4-5 weeks currently as ANACS is running behind).
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Now there's an hour between posts? Yawn.
Remember six consecutive ChartBuddy posts? Those were the times.  |
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Unfortunately I lost my entire collection in a tragic boating accident  We must have been on the same boat. Dammit, boats are not safe. Physical coins are a pain in the butt compared to good old paper wallets simply stored at multiple locations. |
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oh god
my head
Hopefully you will never see <$10k again . |
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Maybe but it's still a really good site. Maybe we can throw money at them to fix it up.
Why not just use a site that does get updated? https://cryptowat.ch/It's pretty awesome (and yet somehow Kraken - go figure) Kraken has proven to be a secure platform, at least when it comes to not getting hacked. I am sure it hurts them the most watching customers move to competitors because of the poor platform performance. Funny when you think about it. Kraken is around since 2012 bit still did not see the herd coming. I will happily be back at Kraken buying bitcoins, they should be more transparent though during the upgrade process. About Cryptowatch
Cryptowatch is a cryptocurrency charting and trading platform owned by Kraken. Our system serves live data on 400+ markets to clients around the world.
Cryptowatch was originally founded in 2014 and developed by Artur Sapek in New York.
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