well, there are indeed faster digital currencies in terms of confirmations. so in that aspect bitcoin isn't the fastest crypto currency. or are you talking about something else?

i am not sure whether or not we'll see the $1000 price level gets touched any time soon, but i also have no problems with the price staying at $600 levels for quite some time. i do also like the volatility as it allows me to make good profits, but i also don't mind stability. stability gives non traders confidence and makes them much more willing to maybe even buy themselves some extra coins.

well, at this point reaching $10,000 prices are nothing more than a wet dream of nearly everyone here. but who knows what will happen with the price once institutional investors enter the bitcoin market. i am quite sure that they can get the price to never before seen price levels in the range of $5000-$10,000. but then again, it's pure speculation. it gives us something to look forward to if it ever becomes reality.

we are coming closer to $700 again after having touched $640 today. i love this volatility. don't think i have ever made as much profit as last weeks.

there is really no need to get worried when the price is going down. lower price gives you the opportunity to enter the market at good prices. or maybe you depend too much on your bitcoin earnings that you worry as soon as the price goes down.

as trader you can definitely make yourself a more than decent profit while you trade against the volatility. that's exactly what i have been doing lately. the price goes up which of course benefits me, and also i am increasing the number of coins i have whilst trading. it's a win win for me.

just some rookies selling their coins in panic. they will surely end up buying their coins back at much higher levels. it's their usual routine.

i can't wait as well. i will stay awake all day to see what happens with the price, and do some heavy day trading to get as much profit as possible.

leaving your coins "stored" in online wallet services is a horrible thing to do. people are in bitcoin because they can now have full control over their money. if you leave your coins online, then you give a third party control over your coins, plus it's not safe with hacks and insider thefts. offline storage is the only way to go. if you want to trade or just sell your coins, then just send them to your exchange. it's that simple.

don't think the majority of the people here will ever get used to these fluctuations. it has been happening from the beginning and people still panic when they see the price goes down a few bucks. for me personally these fluctuations are a more than welcome thing as i profit from trading against the volatility. where other people panic, i see opportunties.

holding your coins for the long term is always a good thing, but there are no guarantees when it comes to bitcoin. if there was no risk in investing at certain price levels as people just assume the price will go up and up, then everyone would do it. if you don't know what the risks are, then how will you know how to calculate the risk of investing for a certain period of time?

i also think we'll see a nice rally in the last days before the block halving. the entire market is waiting for something to happen. if there is no such a thing as a rally before the halving, then i'm quite sure a dump will happen directly after the halving as people will get disappointed.

there are always risks of seeing the price go down heavily while people expect the price to only increase in the long term. but you are being too negative here. this volatility allows me as trader to make profits alongside the fact that i am holding my coins for the long term. also, the lowering supply won't affect bitcoin that much since nowadays the majority of the coins are already mined. don't forget the fact that a lot coins are off the market. if the price at some point goes up to very high levels, these coins will find their way to the market creating a flood of sell orders. enough coins for everyone.

i went to bed with the price being just over the $700 price level, and i wake up seeing the price got dumped down again. i could definitely make some profit on that dump if i was not sleeping.

we have some exciting months ahead of us for sure. but the thing is that people tend to get over excited very easily. they lose the reality out of sight and come up with predictions of $2000-$3000 and so on. $1000 on the other hand is quite a possible target for this year. but then again, reaching the $1000 price level is one thing, keeping the price there is a completely other level of difficulty.

$1000 is a more than realistic price target. reaching $200,000 indeed isn't. it's actually quite pointless to even think about such prices. people should focus more on realistic things instead of living in a fantasy world.

there already is bitcoin related paper money in the form of paper wallets. that's the only form of paper money that you can get with bitcoin. an internet connection is required in order to spend/send these coins. also, there already is a bitcoin related credit card. it doesn't change anything as fiat will never get replaced by bitcoin. people just have to accept that.

exactly that! you know how to look positively at something that a lot people will see as the failure of bitcoin. i would not even wait a micro second with buying at such price levels. i see profit everywhere.

does some one that puts money in shady investment and/or cloud mining sites deserve to lose their money? yes. does some one deserve to lose their coins for leaving them on exchanges? no.

if you don't have enough experience with trading, then it's indeed better to just stick to holding your coins. trading allows you to increase the number of coins that you have, plus you also benefit from the price that is going up. that goes up for traders that know how to trade. the market looks very interesting right now as the price is going up. i hope we can keep the good vibe for a long time.