BTC / USD BTC-e 574.30 USD +4.38 3,907.61 BTC Coinbase Exchange 575.99 USD +5.38 2,816.82 BTC Bitfinex 577.21 USD +7.46 1,929.64 BTC Bitstamp 574.00 USD +6.68 682,139.80 USD itBit 574.32 USD +5.34 975.51 XBT OKCoin 573.93 USD +6.39 989.44 BTC Huobi 565.64 USD +4.46 709.50 BTC LakeBTC 576.44 USD +2.71 742.68 BTC CEX.IO 591.74 USD-0.57 696.97 BTC incredibly what big event happened recently? Obviously after the bitfinex hack everybody is very carefull and doesn`t want to invest large amounts of bitcoin in trading. If we have better scam/hack protection all the people will feel more secure and they will invest more in btc. That make sense, could be that one of the main factors right now probably.
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In longterm halving = price up because halving means less supply increase, in short-mid term price depends or demand more but if bitcoin will not be destroyed demand should be higher so price goes up...
it does not apply to halving happened a few months ago. even the price is much lower than before halving. The new increase occurred at this time. but only moved up 30 USD. it is very small compared to expectations ever imagined. So it is, but the price has remained low due to another reason: the bitfinex hack, in this case was the reason that affected the price after halving.
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I am not into the conspiracy theory scene, but have you notice with every spike in the price.. something bad happens. Is this a orchestrated effort to hamper Bincoin's growth or to delay it's progress? Has anyone looked into the history of these so-called hacks and the rapid rise in the price? Someone should put these events on a graph in relation to the price movement, and see what we get. I think there is more behind these hacks than what we make it out to be. Interesting but this type of iterations are common to almost all, facts and events happen all the time, no matter time and place, setbacks are the result of coordinated actions sometimes, but we can not know the nature behind them.
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Every halving price is multiplied by a factor 10 on average! So next price should be around 5k I bet
Next halving is after 4 years in 2020. Who will be there to validate your statement. I think if bitcoin managed to make itself legally accepted everywhere we can we cross 5K in next halving. Four years is a long time, it makes little sense to make a prediction many things happen every day, is better be attentive to the evolution and progress in the meantime.
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Bitcoin, the currency certainly is here to stay, for a long long time. Hopefully in a few years it will establish itself in the mainstream market.
you are right, in my opinion bitcoin is going to be with us for a really long period of time and give us big profit while gold is not going to grow Agree, I'm not very sure that gold is not going to grow but IMO its price is very high now, probably if gold suffered a fall at a price much lower what it is now, it would sound like a good alternative to invest.
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Bitcoin is pretty safe, especially bitcoin wallets. You don't have to worry about coin theft.
I think it's a problem wallet. You do not need to worry about it. because you can only get a good security because you can add multiple authentication in that wallet you are right, in my opinion bitcoins are really safe and in my opinion wallets can be not safe enough if its online so i only use cold wallets Yes, it can be considered safe just like everything there are always errors of human nature, loss password, sending the wrong direction, etc.... which results in loss of coins, so you have to be very careful after all.
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I believe that if bitcoin would have had a stable price at the beginning, it would not have been this popular, but more stability now in terms of massive fluctuation may do the coin some good.
Right, because Bitcoin is not made for stable price, bitcoin is popular because of his crypto currency, if it will not crypto, so who use it to make profit. You and me use it because its price give us profit. Yes, it is not stable and precisely due to its low supply, however handle a stable price it has nothing to do with this is popular or not, perhaps it is the other way, people are interested because of the potential that it has.
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Bitcoin is a market which can not be predicted correctly since it has limited supply as demand will increase price would go up. I think to expect $ 2k by end of 2017 will be more realistic approach as major halving event is just over. I don't see price hitting the mark of $ 4k even in next couple of years.
Agree with you, to see such thing its use will have to be much more widespread, although the number of wallets it has increased exponentially since 2014, one would think that users have increased in the same proportion but perhaps it is not so, so talk of such high prices it is not very sensible now.
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Just make sure that you stay alive for the next 10 years and im sure you will see more than 50k, potentially 100k+ and more as capital moves within Bitcoin.
I see it a bit difficult, I can not imagine people risking 50k o more on a exchange only to buy 1 BTC in the future, if it were the only option maybe, but obviously it is not, I rather keep the much lower expectations, with the relevant clarification that it would be unlikely but not impossible.
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In the crypto space there are always hordes of people saying, at the wrong time, that you should sell. As you will see, with time, this is just an attempt to make people sell at low prices, so they can buy cheaper.
It makes sense, besides adds people disillusioned or with low expectations by varied bad experiences such as, they bought high and the price has not recovered, they were the victim of some hack, etc...
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I don't know I was expecting a steady price increase after the halving, I imagined we could have been at least around $700 right now. Who is here from a long time probably will aknowledge that sideways will not last forever. Maybe altcoins gained some momentum lately and that is slowing things down for Bitcoin. But I still don't see any coin that can compete against Bitcoin right now in terms of adoption and maturity. This may change but Bitcoin will prevail in the long run. I'd leave with these two picks: an optimistic and a pessimistic one. In 18 months we either destroy the $1000 mark forever or we will below that amount for some more time. I vote for destroying the $1000 mark. Agree, only that 18 months is a long time, sometimes the market behaves differently to what is expected for one reason or another, so it is best to take it slow, so any result that is given during that time, must not surprise, in short, if it reaches that price ok , if it is not reached could be ok too.
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No reason why should you sell your Bitcoins right now unless it's emergency. Basically even in the future, if the price reaches 1000$, people will still doubt if that's the time to sell his coins. Once the price reaches that level, greed will take over and you'd want to hold on to your bitcoins a "little" longer. But it turns out, that "little longer" of yours would take weeks/months. I personally will hold my bitcoins until I need to buy something expensive. The price of bitcoin will increase, it's just a matter of time so the longer you hold it, the more profit you'll have.
Yes, besides He bought very cheap in $200 , and if he decides to sell now to take profit no guarantee that the price again fall so low and if he decides re-buy on some point, the price will be higher than $200 for sure.
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yeah i also agreed on the fact that this price is very generous for newcomer, it make bitcoin look very cheap compared to the last peak, and thus making a great opportunity for everyone to buy again, so i think it will hold there until the new wave will start
Yeah this is nice time purchase some bitcoins and you can hold for sometimes then you can sell it in the time of Christmas Normally every year December price is too high. So you make profit on that time. That is true, The graphs show the trend up in holiday season, Perhaps due to the demand rises at this time of year.
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Now bitcoin is $576, i also think it is good price for all bitcoins users, you know in the start of 2016 bitcoin was $300 and something, but now bitcoin is in good position, so how we can say it is low price of bitcoin?
Okay, yes, but with the block reward reduction is a low price expected, certainly the price should be above to be considered really in good position. Of the same way if the price on 2020 achieves $800 this in no way could say that would be in good position except of course for the initial holders.
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The Venezuelan people are suffering under high inflation (official inflation rate is 124%, inofficial rate is 720%). Why do they not switch to Bitcoin or alternative coins? Do they not know about Bitcoin or do they do not have access to Bitcoin buying options? This is really a mystery for me I ask myself the same question, it could solve many well-known economic problems in the location, the inflation rate is really insane and the population pays a high cost for it.
IMHO perhaps the biggest problem is the shortage of consumer goods such as food and absence of economic safety due to economic crisis and lack of work opportunities this would be better explained in Maslow's hierarchy of needs https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs, I mean that maybe they be more concerned about things much more basic for now.
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Im investing small ammounts of bitcoin into some altcoins that i believe are under the real value, soo i will hold them till end the year atleast and then i will think what i will do if sell or wait a bit more, usually the savings returns good profits and almost without risk.
You never know what to expect. It's the worst thing here. And investing in altcoins small sums (I guess a few cents/bucks) has small profits too. And if you invest in 5, for example, 2 of them can rise and 3 can fall in price. And you can go in negative profit. I wish you best of luck, but I don't think investing small amounts would bring you mich profit. The development of the bitcoin has slowed done recently. That is the reason of the bitcoin price drop. People are investing in good altcoins. I fear there are other reasons for this, and its are certain classes of vulnerabilities especially where there are stored a lot of BTC like to exchanges, let me give you another example, suppose you are an athlete, the strongest and fastest in the world but suddenly catch a bad cold or something like that and takes you to bed leaving you virtually out of any competition or training throughout the period of recovery. How many times are you going to get sick? well, that will depend on many factors.
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There are signs indicating that this will be a good year for the currency, but may occur more productive years in the future, time will tell.
Well, for me this is already a year of bitcoin because we already see a big improvement this year alone, if the current price will be the price at the end the year it is still a progressive year for me and that would be a good start for the year 2017 when the outcome this year is good. I'm sure at the end of this year the price of bitcoin will meningkan better than now. And in 2017 the price of bitcoin will be maximized and kept up. I also hope that in 2017 bitcoin has a lot of users so that many would use bitcoin and be growing. There is no doubt that bitcoin will keep on improving day by day, month by month and year by year, value will be surely higher in next year as user base will keep on increasing which will take price higher. I see a lot of optimism in the last comment, however we must not forget that setbacks also happen in which case the price falls.
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Lets not thought kim Dotcom of his predict, this could take place in the future who knows....been hearing conversation about this...though it might seem untrue untill we see it in taking place action...it might be true to what kim...though btc value changes, but still we can see rise...
atleast he's backed up his statement/speculation with some plan and action,he'll release bitcache so it does make sense if he's speculating,although i'm sure this service might give an affect to bitcoin,beside of it, whether it'll be success or not it's all about the time yes if talking about the highest price was only a matter of time, I am also not sure if the high price to be achieved in a short time, it always takes a long time. but this statement is good, at least make people believe and support by buying bitcoin so quickly achieved a high price. The statement of Kim doesn't do good, and will not do good. Mainly because some noobs now expect the price to reach $2000 next year. The price will probably not even reach $1000 next year, so imagine what all these disappointed noobs will do. They will put all blame on Bitcoin... You are right, make predictions very high can lead to take a bad decision when making an investment, at least by the most inexperienced, for example, those who bought at $1000 each BTC still they have to be disappointed, or worst they sold at a considerable loss.
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Am I the only one that think bitcoin will reach $500 within the next two months?
For fun, maybe you should ask this again. But this time in reverse. There is a possibility for it to happen as we have seen in the movement of bitcoin in the past. Anything can happen. If there is no negative news related to bitcoin, the price of bitcoin will not drop below $500. It will be $600 soon. I do not think so. The investors are more interested in the altcoin at the moment. If you look at the trading volumes, the altcoins have more trading volumes. Anyway they always want profit, so sooner or later they'd just selling to buy BTC back.
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Talking about parity with BTC I dont think that it can go very high in the near future.
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