i think we'll see the price stay in the current range of $410 to $420 for another week. i can't see any indications of why the price will go up next week. my guess is that we'll see the market starts moving a month before the actual block halving. till that time it will most likely remain the same.
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i believe the price will show an increase, but it will not double from the current price level. if it does double, then it's great of course, but i don't think it will. i think a price of $500-$600 will be a realistic prediction.
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it's very simple. if the price drops significantly, then i will directly buy myself some coins. i always wait for dumps to happen before i start with buying.
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First of all, no one 100% knows future
price is around 425$ now, and it stays here for while, i don't think that it will bring something good to use, so i wait for price drop
but after drop, if there will be one, im sure that price will rise to 500$ in 2 months atleast
500 is really an ideal price before the halving comes as it will determine weather we will stay on that price or we will go up high. yeah it would be cool though i doubt that it will happen any time soon the halving might push the price up but im thinking more about 450 or something like that despite that im holding my bitcoins and i hope that it will allow me to make some good money just from holding i think we'll see the price touch at least $500 just before the block halving. anything higher than $500 will be an extra bonus.
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it is allready 437$, but not rising for more, i'm afraid that it will fall again because of dumping, would be really bad news for everyone, i think i'm not the only one that hates price falls
The price is still around $415. The price of bitcoin is so stable. It is ready to be introduced into main stream. ok, i have a question for you. what if bitcoin reaches the level of global mainstream adoption in the coming years. beside the price that will go up, what will the real impact be according to your theory?
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Or its already did risen because of the halving. It's nearly doubled since August. There's not a real good reason to expect it to rise further at this point because of the halving.
it definitely is a possibility that the block halving price is already calculated in todays price, but i strongly think we can gain at least another 50% from current price level this year. just wait for the panic buyers to start buying as they don't want to stay behind. last minute buyers will probably cause a small rally just before or just after the halving. that's what people here are waiting for. ACTION!
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do we have any other choice for not believing fiat??? Of course as of now none, but maybe in the future. If the government don't accept bitcoin, we don't have a choice. I still use fiat for daily basis, if i/we wan't to buy something i/we still need to convert it to fiat.
who cares if goverments accept bitcoin or not. bitcoin is not depending on banks or governments, so you can use bitcoin whenever you want at stores that accept it. if you spend your coins at stores that accept bitcoin, you don't have to convert anything as they mostly use bitpay as the payment processor.
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This doesnt required an high ammount to start,the thing is what you really wanna do ?Are you trying to get a life of bitcoin doing trades?If yes well you will need atleast 50 -100btc to be able to get a good result.
Only a very few people have that many Bitcoins, the majority of the people trade with less than 2BTC and are happy with profits of around 10% which actually isn't that bad if you manage to do that every month. I agree with you. getting profit 10% from 2bitcoins is very very good imo. If you can earn 10% everyday, it's so good. And i think even you only have 0.2 bitcoin you still can be a trader. the term bitcoin trader isn't really tied to the amount of coins that you trade with. you can also trade 0.01btc and call yourself a trader. earning 0.2btc per day is amazing for some one as me. i think even if you earn that once every two weeks it's also more than decent.
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I think the blockchain and bitcoin technology can affect in financial system of any country , because they can't control by it , so for that governments fight against bitcoin .
Bitcoin and its technology won't interfere in the country's economy. Bitcoin is just a currency that is gonna get used equal to local currencies. it depends. nowadays everything becomes more and more digital. if at some point even in the less wealthy countries the way people do payments becomes more digital, then bitcoin can definitely shake up the economy there. especially because governments and banks can't do anything to control bitcoin. that's their main worry.
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Everything can be used for illegal transactions. Probably USD in the form of cash is still the most used tool for illegal activities. I guess EUR is the second.
probably? nothing in the world can come even close to what damage has been done with the us dollar. bitcoin in the coming 10 years won't come even close to 1% of that. and still the media is blaming bitcoin for terrorists attacking airports and so on. it's not bitcoin that's being used for that. look at cash money, gold, artwork, and the list goes on. everything with value from money to a car can be used to finance terrorists.
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It matters. If the price dont matter than how you want to make some profit. So it is really important to us that use Bitcoin. Otherwise we dont use it. Some people are rich because of Bitcoin, and some lifes are depending on Bitcoin so it must really matter.
can you give me an example of what people their lifes are depending on bitcoin? i really can't think of people depending that much on bitcoin.
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Its just unrealistic how people think this can let this happen the halving will maybe let the price go to a amount of 5000 dollar max. But 200k is just going to far its unrealistic and will never be possible anytime soon.
the block halving won't even result in the price going to $1000 for what it seems. i advice to all people that it's better to wait till we reach $1000 first, before talking about insanely higher price levels. as you say, it's unrealistic. you think we will have another mt.gox moment? Where we saw the price sky rocket to $1k over few days. I mean its possible right? if a exchange does bad things. it's definitely possibe, but at this point there isn't a second leading exchange as mtgox was back then. every exchange was following the price of mtgox. nowadays there isn't really a leading exchange anymore.
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As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles... i didn't say the price will double after the block halving. i just gave that person an example of how things may be "if" the price would double.
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As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work.
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I do not know if 2016 will be a boring year. We are just in the beginning of 2016, so it is just to early to tell. We just have to wait and see what the next couple of months will happen.
since the very beginning of bitcoin being tradable on exchanges there haven't been any boring years. 2016 will be no exception. especially with the block halving that is coming closer and closer. i expect some serious market action/volatility just before and just after the halving. there will be plenty of opportunities where you can make a good bit of money. just ride the market from start to the end.
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definitely more than 100 threads. but i don't think people with a paid signature will complain about it as it allows them to post more often in fresh threads.
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everything will get solved, but it will take some time before all fixes are implemented. but then again, a while after the block size is increased to 2mb the people that are fudding heavily will find something else to fud about. these people will grab every detail to discredit bitcoin.
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Bitcoin in 2020 will really impress us. Start to learn from trading now guys as we don't know if signature campaign will still present in this forum in year 2020. Better to start learning other method. what makes you think the year 2020 will be an impressive year? the higher the price goes, the lower the volatility will eventually be. right now is the perfect time for trading as we've seen quite some volatility the last 2 years. smart people have been riding the peaks and dumps to get the best possible profit. learn trading with small amounts is good as you don't risk much. that allows you to get your trading skills up. most people that started with trading were too greedy and ended up making big losses as they started with high amounts. and don't forget that patience is the key to profit. don't rush things.
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Its just unrealistic how people think this can let this happen the halving will maybe let the price go to a amount of 5000 dollar max. But 200k is just going to far its unrealistic and will never be possible anytime soon.
the block halving won't even result in the price going to $1000 for what it seems. i advice to all people that it's better to wait till we reach $1000 first, before talking about insanely higher price levels. as you say, it's unrealistic.
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I don't think so, It's just really improbable to bitcoin to replace dollars at least at the current time and with the current shape of the world.
I agree with you, other than the dollar and bitcoin has a different side. the dollar has been recognized by the community and is always used, even it has been ingrained in humans, while bitcoin, its use is still not completely understood by the public and the price is still less stable, so I guess it still took a very very long time for bitcoin to replace the dollar or even may not be able to bitcoin will never replace the dollar as it is the main currency of the world. everything is tied to the dollar, bitcoin as well. bitcoin first need to get its own value like gold for example. then we can talk about bitcoin coming close to replacing a low value currency of a certain country. right now definitely not, if ever.
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