Yeah mate Bitcoin has been acting absolutely crazy the past couple of days. I don't know what's going on but it seems the price hike is due to the Chinese buying up tons of coins but I am really concerned with what will happen to the Bitcoin price when they start selling.
I think a panic sell by the Chinese will create a domino effect that could crash the price back to the $250 realm. I am going to sell when it gets to $1000 because I think this will be the tipping point.
Yes mate, market really crazy right now. I will wait max just day after halving what ever the price will be I will sell all of my coin. I do not wanna to be one of them like who don't sell their coin on 2013 and who buy bitcoin end of 2013 to early 2014. |
|
|
|
I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me  I will buy more bitcoin and wait for next skyrocket. I am a trader no matter where bitcoin price is, I will try to get profit from there. Long term investors are wait for big bull. In this case the Bitcoin price would fall to the bottom they have headache I don't need to bother  |
|
|
|
without counting people from poor countries where their earning from faucets is relatively important.
This is not true. Do you think how much can earn from faucets ? I feel faucets are waste of his whole day not equal to a single dollar. I don't believe people from poor countries can be satisfied to earn $1, you might just forget about his internet and electricity bills. |
|
|
|
West Indies looking so nice on home ground and after this massive victory it looking will be into final match for sure, Australia failed to defend this nice target because West Indies has very good advantage of home crowd and they are playing more nice than both teams.
Yes, this tournament just turns so interesting after West Indies also become so competitive to be favorite as one of the finalist. Still I could predict South Africa and Australia may go final. Les us just wait and watch the remaining matches for more thrillers in the round stages. |
|
|
|
and now I regret it.  Anyone else in the same boat? Lol I sold ~0.12 a couple of weeks ago and I am already regretting it... I can't imagine if I sold more. But I can't understand why you did it if you knew that the halving will happen later this year and will drive the price up for sure? I was a little bit off the forum for some time, but this year I am watching very closely everything, just because of the halving. I assume you were in a need of the money and that's why you sold? I sold my 3 BTC 2 months ago but I don't regret it. I had made sure that I need fiat instead of BTC but now the price is so high that I can't afford to buy the same old 3 BTC back. May be later when the price drops, I can again start buying bitcoins but then it will again take months to increase. |
|
|
|
i already lost 0.03 at trading and profit 0.005 still trading even its maybe not for me  Same here. I tried forex and now BTC and lost in both. I lost over $100 in forex and now $35 in BTC. I guess I am not able to make a proper decision as to when it's the right time to buy or sell coins and hence end up losing. Those who are experienced may have a better knowledge. |
|
|
|
If the BTC price is stable and there are establishments who accepts BTC in my area, I would probably opt for a certain percentage of my income to be paid in BTC. The price is key. If the price per BTC is extremely volatile, I would not want my pay to be depreciated in value.
Yes if the valuce does not change much, it good to get salary in Bitcoins That is also my concern. The bitcoin price is too volatile. It is difficult to budget with the bitcoin in the short term. Salary is something that every person depends on and it's not an investment like BTC. The price can never be stable unless it's controlled by the Government and if people get their salary in terms of BTC, I don't know how would they manage every month. They would need to convert it asap. |
|
|
|
Everyone's excited for the halving event happening around July. Everyone's saving hoping that the price will skyrocket after it.
But what if prices crash down instead? what would you do?
what do you call crash? it can be coming down after entering a big bubble or it can be something else? in case that we see a price bubble there will be a crash afterwards but it is not going to happen overnight and it is not going to be as big as the rise. and even if that happens bitcoin is still bitcoin and you can still continue using it as you were using it before (if you were using it and not just hoarding for a get rich quick scheme.) A crash happens overnight only and doesn't take long. By crash, I guess OP means it reaching a value below $400 but I don't think it's possible. The first time I've seen halving being profitable for users unlike LTC that failed and that was a real crash. In any case, $400 is not a small amount as people refer it to be. |
|
|
|
At the current price, I would use at most 50% for paying for accreditation courses and setting up a business for energy and water efficiency auditing. The rest I would keep for quite some time.
It is probably better though if you try to keep it a little bit more for now because apparently, the price is going up and you wouldn't want to miss that up in value, especially when that's 50% of what you can possible gain from the hype. |
|
|
|
I came across this website while reading an article on zerohedge: bulliondeals.eu
Their prices are quite good, but not many reviews, anyone on here ever heard of them?
I would have to say that the site is a little well-themed but I wouldn't say well-made because it gives off quite a bad feeling I mean the elements are all over the place like that currency converter, that bulliondeals logo, norton secured logo and all. I would normally stay away from sites like these. |
|
|
|
|
It's just a little overwhelming that the market cap jumped up nearly $3billion in a little over one month.
However, I believe it will still continue to go up because of the hype from the halving (or not really because of that). I'm just really hoping for the best here and trying to make a profit :p
|
|
|
|
|
I'd say buy now. The risk is really high currently, but it may be worth it in the long run because there's currently a hype and the halving is near. Although we do not actually know if the price would still increase by the time of the halving or will it go down.
|
|
|
|
|
But wouldn't those miners actually gain profit from the halving as well?
I mean, all coins are raising in value, whether theirs or ours. I do believe that what's going to change is the amount of bitcoins earned, and the value earned would be the same.
Well, I'm not expert and this is just an opinion.
|
|
|
|
Every experts here, do not like or expect BTC to get closed or ruined or .......  Each one is working hard to keep this alive. Not even a second the BTC is untouched. Each one's basic requirement is money. Of course BTC is the one for each one here in this forum. None would will to see BTC's end. Yes we do not. I think it's a little rude to say every expert expects bitcoins to go further than 2030 because apparently, even non-experts would know that there are risks to bitcoin as time passes. Why? Possible exploits may be found in the future, other alt coins may be more popular than bitcoin in the future, bitcoin may experience a dramatic drop of users because of some unknown unfortunate event or something. It's the future, we don't have a definite picture of what may happen. |
|
|
|
I hold my coins to do some tradings as its easy due to its price changing, and off course i do a lot of online shoppings with it too and mobile top up's as usual to me  Yes same here with me, most of the time I buy online products with bitcoin. But mainly I am holding my bitcoins as investment to get profit from it when the price gets high expecting $800 this time. I use my coins as a currency and just as you guys, an investment. It really feels good to have to buy items without seeing your cash moving. However, I temporarily stopped using bitcoins for transactions because of the expected halving. The price is steadily going up so I'd rather just hold it for now and wait for its value to go up. |
|
|
|
|
One reason why it hasn't reached other countries' real world merchants is because there isn't much of a popularity and
demand just yet.
Like here in our country, the number of people that uses bitcoin is roughly 1/100 (that's a bad estimate, I know) however, there are third party payment centers that accept bitcoins to pay our bills and stuff.
|
|
|
|
Bitcoin is both a very good currency and also a very good investment, so I am using bitcoin for both as a currency and as investment.
bitcoin is not too great of a currency for buying stuff at the moment because there are not enough shops at the moment that accept bitcoins as a payment method for all the goods i usually use it as an investment because in my opinion the price should go significantly up in the near future because of the incoming halving event that will allow us to make some money from all the investments I use it for both, actually. However, I stopped using bitcoins as currency for a while because the price is currently jumping up dramatically. I'm just glad I started getting my hands on bitcoins way back when it's still at stable at ~$450 nearly over a month ago. |
|
|
|
It seams to me that push is exhausting itself and there is no real steam to break $600. It looks increasingly possible that we go back to the $400 range shortly. Thoughts?
This Bitcoin rally is true and the price will increase day by day. Now the time for bitcoin to test new higher prices. If you think bitcoin will back $400 I think you are in dream. Halving coming early July wait to see a big rally. |
|
|
|
Hi guys, I just joined so this is my first post on the forum.
Anyways, does anyone know of a method to buy bitcoin online without ID verification/SSN? Using my credit/debit card is not an issue, however as I am under 18 I don't believe I have anything to show them and just in general, I'd rather not have to verify myself with an ID. I am also new to bitcoin overall, so I may not be aware of all the services I could use.
There are many exchangers you can find where you don't need ID verification but the problem is when you buy using your credit/debit card then might need ID verification because credit/debit card payment are reversible so no exchangers want to fall in future. You can check forum currency exchange section hope you will find someone who accept credit/debit card payment or cash in person in your location. |
|
|
|
Which is better: Invest my Bitcoin on legit mining sites and purchased power before the halving because it is currently cheap or save my bitcoin and trade it after the halving because its value might be doubled?
I think it will be better if you hold your bitcoin. You can get more profits than buy cloud mining power. I have bad experience with cloud mining so I think better to stay away from cloud mining. Most of the cloud mining websites are ending up in scam. My suggestion is to hold bitcoin and try to buy more in less price, sell it when bitcoin reach your target. |
|
|
|
|
Show Posts
