the problem with investing small amounts is that people tend to take much higher risks as the amount is low. they think that even if their investment doesn't pay off, that their loss is very small. that's not the right mentality when it comes to investing. every amount that you invest into something must be a well thought decision.

we've had quite a stable period not long ago. i think more stable than what we have seen is just not possible. a lot people were very bored because the price was not moving at all. these people will be happy with the volatility now. traders want the price to keep moving as it allows them to make profit in quite a short time. the majority of the people don't like stability. i personally don't mind stability, but i also don't mind volatility as it allows me to make profits.

what's the point of dreaming about unrealistic high prices to happen this year? it will only result in you being disappointed as the price will not come even close to the $1000 price level this year. we may see $1000 maybe at the end of 2017 or maybe even in 2018 if the price goes up slowly.

third world countries will always have paper money as their preference as they don't have internet access all the time. that will most likely never change unless the government or wealthy companies there decide to roll out proper internet in well crowded places.

that's why i find it very weird that some people believe the price to go up to $800 or $1000 in some cases. that just doesn't make sense. they don't know what kind of buying power and buy support is needed to get the price to rise and keep rising till a certain price level.

even the $600 price level is a very difficult target to be reached this year. it's quite shocking that so many people expect such high prices to happen this year. just look at how the market has been performing lately. the only bit of demand has been there because of the block halving. that doesn't mean the price will not go up from todays price levels, but realize that as soon as we touch $500 the price can start tanking at any moment.

you have been long enough into bitcoin to know how markets works and you still think it's possible to reach $1000 this year? how so? if you are looking at the current market from a realistic point of view, then even $600 might be out of reach.

it's well known that pumps don't last. so if there is indeed a pump in the runup to the block halving, then you'll need to make sure you exit the market at the right moment. my guess is that the price top the coming months will be $550 at most. i will make sure i sell on time to re-enter the market at lower price levels to increase my coins.

i also think the price will go up when 2mb blocks are implenented, but the only question is, how long will the impact of the block size increase remain visible?

realistically it will most likely not go below $300 this year, but that doesn't mean the price will not try to test the lower $300 price levels. bitcoin will never stop surprising people. weird things can happen with enough panic going through the markets.

lol? bad thing of bitcoin? look at stocks, other fiat currencies, oil, gold etc. you also don't know what their price will do in the future, but i never hear people complaining or saying that it is bad that you don't know what will happen. don't blame bitcoin for something that isn't its fault.

at this point it's not even close to 1% of the market cap of the us dollar. that 5% was just an example. yes, of course the adoption rate by people will go up each year, but it's not enough to get the price to climb up to insanely high price levels as some people like to believe.

$440 has never been a bottom. even $400 isn't a real bottom. people like to think that the price will never go below a certain price level because they are invested. i am sure that if they look at things from a realistic point of view that they will realize that there is barely anything keeping the price away from sub $400 prices, even now. literally no price level is safe. and even if some price levels get "supported" with solid buy order created by bots, it's not what it seems. bots will in 99% of the times pull back their support as soon as the price comes very close to their trigger levels.

bitcoin is just an alternative to fiat currencies, and that's it. it will never come even close to 5% of the total market cap of the us dollar. and there is no need for this to happen as bitcoin has given us the opportunity to choose for something that allows us to transact and hold money outside the banking system. that's all we need, and the best thing of all.... it's here and ready to be used.

you'll need to hold at least 100 coins to sell them at a price of $5000-$10,000 in order to buy yourself a house and have some money aside. people that were early had the great chance to buy their coins well below $50 back in the days. those that have bought their coins at such price levels are very happy if they kept holding till now. and those that didn't buy will only be dreaming and wondering what would happen if they had bought at such incredibly low prices.

even in major fiat currencies there is no real stability. it's a market that goes up and down, either by legit market movements or due to manipulation. bitcoin is no exception here. volatility is a very important aspect of bitcoin. it attracts traders and thus it secures itself a way to get new money entering the market. new money is the most important aspect to realize growth.

one of the very few comments here that makes sense. it's indeed all up to the government. if they want to implement anything other than their own fiat money, then it will happen. if they prefer to stick to it for another 50-100 years, then it will of course stay for another 50-100 years. bitcoin can't change that.

mining bitcoin for the normal person is indeed not profitable. but it's completely different for mining farms. they can even make profit if the price goes down to lower $300's at this point.

trading is in fact one of the best ways to increase the amount of coins that you have. if you have enough experience in trading, then you can make yourself a more than decent profit every month. all this is assuming you have a decent balance for trading purposes.

a lot people here just yolo "invest" hoping to see the price reach very high price levels in a very short time. they probably don't even know the definition of doing research before investing. these people mostly end up with disappointment after another disappointment.