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1201  Economy / Speculation / Re: The future of Bitcoin on: May 13, 2016, 02:13:34 PM
Because of the increasing demand of bitcoin particularly in the gambling industry I can say the future of bitcoin is bright. I can say that it is good to invest today while the halving is near, I expect an abrupt increase of price the soonest.

Too few people are using the bitcoin to gamble. They mostly pay with the credit cards or debit cards now.


No you are wrong, majority of people are using bitcoin only for gambling purpose, as it is very easy to gamble with bitcoin and also your identity is not diclosed in it.
nobody will know even what the future of Bitcoin will be and that is the bad thing of the currency because you need also to take some risks with Bitcoin and that is important.
If you are not going to make any risk you will be also not to be able to make any profit so that is bad.

why is it bad? you also don't know what will happen in your own future. every market is unpredictable. stocks, oil, gold, bonds, securities, and so on. there is no difference.
1202  Economy / Economics / Re: Bitcoin or gold? on: May 13, 2016, 12:59:37 PM
I will choose bitcoin, as it will allow me to make profits in next 3 months, the speculation around is that price will go higher then our expectation which can give us best returns.

well, there were a lot of speculations that the price would reach $1000 in 2015 but nothing happen. bitcoin price is kind of stable this year so you will not make high profits from it

people were expecting $1000 to happen at the end of 2015, but as you also said, nothing happened. then they said it will happen for sure around the block halving time. once again these people will get very disappointed.
1203  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: May 13, 2016, 11:14:50 AM
There are users trying to manipulate the price, writing news about bitcoin is going to crash, and other users writing about bitcoin going to the moon. Some of them are doing it to move the prices for its convenience, but you need that traders believe in your posts to move the prices, i think isn't an easy task.

people like kwukduck that are trying to talk down on bitcoin by spreading hate and negativity don't have much of an impact anymore nowadays. even noobs don't take him serious anymore. this type of "manipulation" used to work back in 2012 till 2014 but not today anymore.
1204  Economy / Economics / Re: Price drop under 280$ today? hold or sell ? on: May 13, 2016, 11:09:30 AM
keep hold and not sell. but I will buy, because this kind of situation is quite common, so I have no doubt that it will go up rapidly
Sorry maybe you hope to buy at $280 it's never can get because i waiting to buy too if i see bitcoin price stay below $300 and will keep that until price up and maybe not need wait to long time to get a profit.

Keep hold because if bitcoin price is down well many people will take the oppurtunity to buy more btc, because they knew the bitcoin price will bounce back to its current high price,  although its bit panicking but we must keep beleive in bitcoin because it surpass many trials and proven its strength for these years pass.

there is no need to panic at all. let others do the panic selling, and make yourself benefit from that situation by buying as many coins as you can. buy when people are selling massively, and sell when people are buying like there is no tomorrow.
1205  Economy / Speculation / Re: Unable to break $500 on: May 13, 2016, 10:30:35 AM
To no one's surprise the big dump by Craig Wright has been postponed. It will come soon but we may stay at current levels a bit longer.
Notice how there's an enormous pressure keeping it under $500? There is theoretical room to temporarily go up but there's a lot of pressure to keep it down. What do you guys think is going on here?

Preparing for halving probably, steady rise until the end of the year. When we hit double from this price today don't be surprised.
But no matter how much price rise I hope we will stay there and stabilize somewhere over the 700.

the higher the price is, the weaker the support gets. for example if you place a buy order of 1000btc at $450 then it can be seen as decent support. but that same $450,000 that gets you 1000btc at todays prices will be completely different when the price is at $900. your $450,000 will then only counts as 500btc buy support when you place it at $900. support will only get weaker throughout the years as the price is climbing.
1206  Economy / Speculation / Re: When to hit $10,000? on: May 13, 2016, 10:25:20 AM
We never gonna hit the 10k to be honest, I think the 10k is way too much compared with other currency's.
I hope the this will happen but its unrealistic.

We will only see prices in the range of $10,000 when Wall Street goes full into Bitcoin. If that doesn't happen then we'll never see such prices.

Yeah it is too high to expect, not possible to achieve that price for next 2 decades, and people will dump all their coins even if they see the price of $1k.

no matter how many times we explain people that certain price levels are far from realistic, they just keep going with their nonsense predictions. i almost feel sorry for them as they will get to see that their predictions end up being nothing more than an illusion.
1207  Economy / Speculation / Re: Price Increase Incoming. on: May 12, 2016, 02:31:40 PM
Price will rise in future for sure as price has started to move up now and we will see much higher price at the time of halving.

At the time of halving, or in early July, we will not see much higher price. The price could just around $600.

big major change in price will happen several month after halving
i dont expect to go over 600 like you mentioned i believe it will stabilize around 550

i believe all the action in the price will happen just before the block halving, and just after the block halving. after that the price will behave more or less the same as it does now. going up a few bucks, and going down a few bucks.
1208  Economy / Speculation / Re: What if we sit at $310-$340 for 2 more years? on: May 12, 2016, 02:29:29 PM
If that would happen then I would just stop using Bitcoin because I am not waiting fro the price to be stable for that long of a time. I would not stay here and waist my time.

which basically means you're not really interested in bitcoin. there is no real difference in the usage when the price is around $300 or $400 or $500. people will use or trade bitcoin regardless of the price.

That is right. I used bitcoin when the price was $800, 600, 300. That is to buy things with the bitcoins.

yup. when i buy something with bitcoin that for example costs 0.05btc, then i use my fiat to buy 0.05btc and make the purchase in bitcoin complete. all this cost me less than a minute. this way i don't have to care about the price.
1209  Economy / Speculation / Re: If we hold 300... on: May 12, 2016, 01:21:18 PM
The $300 is the price reached later last year. It was test many times. The recent price is always higher than that.

Well we are back to 450 which means the road to 500 is open and clear again. 300 was never the goal, nor was 400, nor is 500. Bitcoin is for the long term so hold for the long term and be ready to make a profit while being part of this great journey.

The price is $460 at the moment. If the price can hold here for the next few weeks, $500 will be in sight in June.

The $500 price is easily achieveable in June or July. That is just 50 dollars away from the current price range.

usually i don't agree with 95% of the predictions here, but in this case i do. my thoughts are also that the price will reach the $500 price level in juli. it gives the price enough time to build solid support as we come closer to $500.
1210  Economy / Economics / Re: What if US Dollar Crashes? on: May 12, 2016, 01:12:35 PM
I do not know what is going to happen if the US Dollar I cannot even imagine it. The US Dollar has just been around for so long that it seems almost impossible for it to crash.
I am sure that the USA will come up with a solution before it even happens.

their solution will be to manipulate the value of the dollar to make it look strong and stable again. which is basically what they are already doing.
1211  Economy / Economics / Re: Tell me your predictions about Bitcoin on: May 12, 2016, 01:07:20 PM
In 5 years it will go to the moon.  Roll Eyes It will rise very high at the end of the year.
Are you sure that your predictions will come true?  Then good for us bitcoin lovers and holders,all of us bitcoin lovers has a road to become a millionare someday

it depends. some people consider $600 to be high, and others find at least $1000 to be high. different people, different perspectives.
1212  Economy / Speculation / Re: What you do if bitcoin reach 5000 $? on: May 12, 2016, 10:34:05 AM
I will sell all my bitcoins off course but i don't think he will reach that because everyone
wants to sell their coins on that moment so he could never be 5000 dollars.
I don't feel that price will become $5000 soon as the price movement is very slow and if it happens I will sell all my coins.
Yes, the price value is slow but sometime we notice that the price increase to height with bigger jumps, and so it is a possibility that one day the price will increase much faster and the result will be toreach to $5000.

$5k seems to be possible to achieve in next 5 to 10 years, bitcoin will be lot bigger by then and there will be many companies and businesses that will start accepting bitcoin.

it's great to see much more companies to accept bitcoin, but that also means that there will be more selling pressure on the price. it's much more beneficial for us that we'll get institutional investors to start investing their money in bitcoin. with their money the price will go beyond $5000 if they ever happen to join. but at this point it's pure speculation combined with a bit of fantasy.
1213  Economy / Speculation / Re: Will bitcoin go back to bellow $400? on: May 12, 2016, 10:29:00 AM
Bitcoins will go below 400$ after the Halving.

haha, you wish.
those days are over my friend. there is a good buy support in bitcoin that doesn't let the price go down. especially after the halving with all the hype and the decreased supply the price will only rise.

Sub $400 prices aren't really that far away. When whales want to create a massive amount of panic by dumping the price down, others will panic sell and cause the price to tank even further. It's easy to assume the price will go up because of the block halving, but a lot people don't keep in mind that the block halving may already be calculated in the current price for more than 75%.
That is possible but that would not last for long as the trend always tells that the price of bitcoins is going up. This is because many are buying on a day to day basis hoping to gain huge profit after the halving.

I dont' think that it will fall now to $400 as price is moving  up slowly, and with halving around the corner we can expect better price in next couple of months.

at the moment it's indeed not very likely to see the price drop to below $400. but when the price doesn't go up as much as people were hoping for, then they become very disappointed and maybe dump their coins as result. if a few small traders do this then there is no problem. but when large players will start to sell their coins then the price will get a good hit.
1214  Economy / Speculation / Re: is it time to sell? on: May 12, 2016, 10:25:41 AM
Yes I think the most of us here are waiting on the halving because the halving is gonna be very good if you ask me, it has such a good future a head with all its events.
Selling is not good right.

If you will never sell then how will you make profits from it and then what is the purpose of earning bitcoin?  You should sell if it is allowing you to make some profits.

He probably meant to say that selling before the block halving is not the right time. That doesn't mean he will never sell his coins. Can't imagine some one never selling his coins. Every person has a certain price in mind where they want to sell at.

Yeah I think if the price reaches to your desired value then you should prefer to sell your coins, but I don't think this would be the best time to sell, as price is not too high at a moment.

i have bought a good amount of coins below $300 in 2015 and i am still holding them. they will remain in my cold wallets for at least a year or two. in the meanwhile i am trading to increase my coin coint. so, while i am holding my coins i am also making profit while trading. that's the best combination.
1215  Economy / Trading Discussion / Re: I have 5K€ to invest ! on: May 11, 2016, 02:23:19 PM
You should invest it in mining, this seems to be a sure-fire profit model if done correctly.

etheruem is not profitable as before, and enw gpu are coming,  it's better to wait at the moment, before investing in mining

mining isn't profitbale anymore for the majority of the coins, which basically means that if you buy some hardware to mine with you'll never roi unless you insta mine a new altcoin that will explode in value after some time. as long as that doesn't happen, mining isn't worth the time and money you put in it.
1216  Economy / Speculation / Re: Stable, stable, stable! on: May 11, 2016, 02:12:27 PM
Its been stable for awhile now, but around like $300-350 in the past before the halving hype which bumped up to $450ish.

So it would be intresting to see the hold price for 3-5 months after the halving..

i expect some heavy dumping to happen after the block halving as people will cash out the coins they bought at these prices or below $400 not long ago. it will be very interesting to see where the price will find a stable point. my guess is either just above $400 or just above $500 for the rest of this year.
1217  Economy / Speculation / Re: What do you think for May??? on: May 11, 2016, 02:08:46 PM
I was thinking that the price was going to hit $500 in May but I am not so sure now. It is still possible for the Bitcoin to hut $500 this month but I believe that it is going to happen next month.

this month will be somewhat of a stable month with very low up or down potential. juli will be the month that is going to make a lot traders happy. that's when the real volatility will start. till that time the market will remain fairly calm.
1218  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: May 11, 2016, 01:41:17 PM
Buying as much as Bitcoin at current price  is long term investment. Buy and then just forget you have them. Lol. I mean after buying coins, just hold them until the price is is above 500+, 1000+ is even better.
Does it have risk? Of course! every investment has its risk, it doesn't matter whether you invest your money on Bitcoin or other currencies, there's still risk. It can't be 100% safe.

Every investment involves certain level of risk, as we are not aware how it will perform in future or how long it will survive and same thing goes with bitcoin too, Invest that you can afford to loose.
It will be of course not that bad if you are making an investment in Bitcoin and that is because the most important moment is that you have to sell it on the right moment and it can takes a long time.
But it hard to know when you have to sell it and that is the hard thing of it.

I dont' think there is anything hard in it, if you see higher price then the purchase you made then you should sell it without waiting to long and buy it again when price falls.

traders cash out and buy back at lower price levels, but some people tend to wait too long before they cash out, and end they up not making any profit at all. that's why stop loss orders come very handy.
1219  Economy / Economics / Re: How many % of your portfolio is in bitcoin ? on: May 11, 2016, 01:36:41 PM
currently i am only invested in bitcoin. i used to hold some stocks as well some years ago but i cashed them out and invested all in bitcoin.
1220  Economy / Speculation / Re: Price of BTC after halving. on: May 11, 2016, 12:46:17 PM
What do you guys think the price of BTC would be after the upcoming halving?

I personally think that it may reach the historice $1000 price.  Smiley Smiley Smiley

keep dreaming. we'll be very lucky if we break through $550 and especially $600 this year. $1000 will start to be part of the question once we are between $800 - $900 and not before it.
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