I believe so that this is gonna be a long term investment to buy 1BTC today. As bitcoin value increases its rate this will definitely provide a good amount of negotiation or investment. I would also do this and thinking not just to have 1 BTC but more to hold on to it until its value increases..
Yeah, but it is recommended not to hold too long, if you are getting good profits then you should sell it and again wait for the price to fall so that you can rebuy it as we know that price keeps on moving up and down so don't think too long, believe in making profits in short term. That's true and if the bitcoins doesn't do good in future then holding will not be profitable, as you will get panic and sell at the low price, but I think its good to hold 1 btc for future. Yes but you need to be fast. I hope later that more people will have some profit later in the future. But you need to have patience and that is very important. Otherwise you will sell it too early and you will have not that much money. people don't have patience anymore as they are looking for quick profits only. as soon as they see they made 10% profit, they can't wait to secure their profits. after they have secured their profits they will most likely end up buying their coins back at a premium as they see the price go up. that's how you burn through your profits easily. |
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The 400 dollar will not break this year in my opinion because this year is pretty good for use all, the point is also that more people are investing now.
Another reason why it won't break is because of the halving that is coming this year, I think it will hold it near the 400-450 dollar till the halving.
the $400 price level has been broken several times this year. and who knows it might happen again. we are only a few bucks away from going to sub $400 prices. |
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The price rise has indeed stopped and dont be negative. We all hope that it will rise soon as possible. And I think that it will rise for a long time.
And that will be very good for those people who already has made an investment. But we will see.
most of the people here are quite bullish for the long term. if you just look at november 2015 where the price peaked at $500 due to the mmm ponzi scheme, i must say the price kept its position above $400 nicely after some serious dumps. yes, it went sub $400 a few times, but it always managed to go above $400 again. i don't mind to see the price stay just over $400 for another month or two. it's nice to see that the price somewhat stays in the same range. |
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I would go for a bitcoin wallet because they are much safer in my eyes and its the fact that they are way more secured.
Also the point is with a bitcoin wallet [/b]your are the one that is controlling your money and no one else.
if you store all your coins offline yes. but a lot people are storing their coins in an online wallet service as blockchain.info or on exchanges. that's basically worse than storing your money in your bank account. and they keep thinking it's a very safe method to store their coins. yeah right. 1 bitcoin stored offline in your own control is worth more than 2 bitcoins stored online. |
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We will the 700$ bitcoin price or even higher before/after the halving, chinese miner are holding the their btc and whales are manipulating the price so its not impossible that we will see the 700$ or much even higher price.
chinese miners and whale are the same person, chinese miners hold an insane amount of coin, they have 60% of the net they work together to manipulate any exchange, 60% of total mined coins is more than 2k coins per day, now do per 365 and at least per two years There will be a time that it will reach the 700. But you cant know when it will happen and that is quite bad. We all hope of course that it will be more worth, so that will be very good, but we must wait and see. Exactly, there's always uncertainties even on other commodities. I'm thinking that the price can hit $700 but what we don't know is at what price will people start selling to gain their profits. people will start selling the most heavy between $480-$499 $580-$599 $680-699 and so on. they can of course also decide to secure profits at other price levels, but the most that sell at the levels i described are whales and other wealthy traders. they are smart enough to buy at least $100 lower than were they sell at. |
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well, a lot people expect a pre block halving pump, but they seem to forget that after the price is pumped significantly, the price will come down again. people will secure their profits and that will lead to the price going down real hard. the price will grow again but it will probably be months after the block halving has been completed. from there it will rise slowly. that's how i think about it.
I also think the same, sure the price will rise with halving but it has to come down again and from there it will start rising slowly as it does right now, so basically we will get back where we are now and will start waiting for another price rise. Don't expect that the price will reach to the moon at the time of halving, yes of course the price would be much better then now, but if the price drops down, then many users will stop having faith in bitcoins. those who indeed will lose fait in bitcoin when the price doesn't go up as much as people were hoping for, these people are pathetic. they have unrealistic price targets and even believe in their own nonsense. and then they blame bitcoin for not keeping up with their nonsense predictions. these people should stay far away from any kind of investment as they don't know how markets work. |
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now its gone down to $409...hope it incrreases as soon as possible,i want to withdraw soon
not sure why you are waiting to witdraw, but if you want to do so, then do it now as the price won't shoot up to $450 within a few days. |
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You will need a lot of bitcoins to retire in 20 years so that is one if the reason why its difficult.
Also to have a lot of bitcoins you will need to invest a lot of money and that is also hard to do.
keep in mind that those who are working are already building up retirement money. everything you manage to gain in bitcoin will come on top of that. see it as a great extra source of money for when you need it. it also depends on where you live. if you live in europe you will of course need quite a high amount compared to when you live in south america for example. collecting coins to use as retirement money will cost you a lot money at these prices, but it will be worth it as the price will increase steadily throughout the years. |
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that's good to hear. i once bought a 5 gram gold bar from jmbullion (which i still have) and i am planning to buy another 5 gram gold bar this month. i will of course use bitcoin as payment option this time.
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I am quite sure that you will regret selling all your Bitcoins as the price will go higher and higher with the time. I believe that we will see the $1000 price level again within 2 years from now. You just need some patience, but since you already sold your coins, this advice won't do much for you.
2years from now..? i think we can reach $1000 at this month, after block halving done, it's very potential to goes up again.... are you serious or did you wrote your post the wrong way? we can't even touch $500 in this whole year and you really think we will reach $1000 this month? wake up. it's not possible. |
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The future of bitcoin is truly in a good and positive output.
First not with the price or value but the benefits we can get by using bitcoin system.
Also even the skyrocket price won't happen still a sub $400 value is pretty nice. You can't get $400 somewhere easily.
Yeah but we can see some good price in future when there would be increase in adoption level and we are expecting that in future more people will start using bitcoins, so bitcoin will be more powerful and popular in future. Yes that is expected and that is really a must to happen. The rumors of good price before halving will really pull the price up aside from the real impact result of halving. well, a lot people expect a pre block halving pump, but they seem to forget that after the price is pumped significantly, the price will come down again. people will secure their profits and that will lead to the price going down real hard. the price will grow again but it will probably be months after the block halving has been completed. from there it will rise slowly. that's how i think about it. |
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It wont replace dollar soon maybe in the future yes.
Who knows what the future could bring maybe bitcoin is not the mainstream digital currency.
i think the chance will be 1:1.000.000.000 , U.S. dollar is strong currency, backed with gold, I doubt bitcoin can replace dollar in future. Well said dollar is very strong. Dollar is well backed with the gold. When we think about Bitcoin its backed with the technology. If something goes wrong everything gets collapsed. Right and I think bitcoin have the higher percentage of collapsing. Technology. A lot of it relies on electricity. If electricity breaks down where will be bitcoin. Dollar will be there as well as gold and other physical currency. Bitcoin has the highest percentage of collapsing due to the dependence on power. In the coming years there might be some alternate solution for the power generation. If a stable solution for power is created soon Bitcoin might be used more than the present. In future bitcoin will be use more for sure but that doesn't mean that it will replace dollar easily, its not easy to replace dollar, as the users of dollars are widely spread and the market cap of dollar is huge. not easy to replace the dollar? it's simply impossibe. especially for a digital currency as bitcoin. the dollar is the main currency of the world. everything is priced against the dollar. do you seriously think bitcoin can replace the dollar? not a single chance. |
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Its hard to say for what is going to happen with bitcoin. But I think that many people think that it can be possible.
But if Bitcoin is rising you can see that is rising very slowly so that will not happen that fast I think. It needs time and we need patience.
It can touch 800 with in this year but don't know about it will be stable or not at that point for this whole year. 1 year is not a short period man, bitcoin have potential to reach that point. even if we manage to eat through the massive amount of sell orders and touch the $800 price level, it will get dumped down again as at every price level there are plenty of whales waiting to sell and secure profits. it will be very difficult and may take even longer than a lot people would think to reach $800. i think it's better to focus on breaking through the $500 and then the $600 level before making predictions about $800 this year. |
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Well this is easy if you ask me because the fact is that the halving is coming this year so that is a plus point.
Also another point is that the bitcoin is gonna go to a higher amount for sure.
we all assume that the block halving will bring us a significant price increase this year, but what if there wasn't a block halving upcoming? would you still think this year the price will rise significantly? in nearly every prediction i see people focus too much on the block halving which might make a lot people disappointed if things don't go as they were thinking. |
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the price has been going up nicely since the very beginning of 2015. i am quite sure that if we not look at peaks and dumps the price will rise year on year like it has been doing already.
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As my experience about bitcoin why bitcoin is decreasing and increase i think the less supply the bitcoin value will rise or increase but if the seller is more than buyer the price will decrease. this is just my experience about trading in bitcoin.. If you sell your bitcoin in the trading site the price should decrease.. i also expereince it in altcoin and i think they are the same..
no kidding, sherlock. all markets in the world have one main rule, and that's supply and demand. not that difficult to figure out. |
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$435 is sustainable at the current situation. If the block size is increased to 2MB or higher in April with the Core SegWit, the price will rise.
once the block size is increased to 2mb the price will definitely increase, but i think the increase will be for a short time. especially now the whole block size discussion is somewhat pushed to the background. people don't panic over this anymore. i believe the nearing block halving will have a much better and long term price increase as result. long term growth, that's what a lot people here are waiting for. |
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I don't think quitting your job to dive fulltime into Bitcoin is wise. The price may crash any time there is no guarantee that it will keep rising endlessly. You always need to have a backup plan in case of a bad development with your Bitcoin investments.
to avoid any volatility you can make a deal where you get paid a certain fiat amount in bitcoin before or after you have completed the job. you can then simply transfer the coins to fiat if you so wish. don't see a real problem here. |
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I think I found one of the largest Bitcoin addresses and the second largest. I'm probably wrong but it doesn't hurt anyone with me posting them here. 1st Largest I found: https://blockchain.info/address/19iVyH1qUxgywY8LJSbpV4VavjZmyuEyxV Over 5,264,776 BTC ($2.1 billion) received in total. 2nd Largest I found: https://blockchain.info/address/3KgtbGgaX2ngstNpvyv7LwpHSweVeqGbpM Over 4,139,869 BTC ($1.6 billion) received in total. I think these are the largest total Bitcoin received addresses. The 1st has received a third of all Bitcoins in circulation. The 2nd has received just under a third of all Bitcoins in circulation. Post your thoughts below and the ones you think have received the most Bitcoins in total. wow amazing, what can I say? they're so lucky. they have gotten the most bitcoins, maybe we will not get much bitcoin after. haha Those might be funds of a casino or drug dealer. Not sure if lucky  these addresses are most likely from exchanges or, from a very early gambling site, or large mining pools. i am quite sure that drugs dealers only use their bitcoin addresses once.  |
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The main thing I like about bitcoin is that it's fast and and almost free.
If you would sent money abroad by bank it would cost you a fortune on fees. And it would take some time (days). With bitcoin you can sent it everytime. Even no weekends.
in fact, it's very hard to find someone accept bitcoin , i have friend in saudy arabia, he is trying to send some money to my family, I suggest him to use bitcoin, but he not interesting to use bitcoin, then he use western union with highest fee find him a service or an exchange where he can easily deposit fiat money and buy bitcoin as result. explain all steps needed in easy to understand language and he probably might change his mind. but then again, maybe that western union offers him a way to send his local money to somewhere in the world, and the people in that country receive the money in their local currency. |
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