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501  Bitcoin / Bitcoin Discussion / Re: Which Bitcoin Client do you use and why ? on: December 27, 2016, 02:49:04 PM
It's obvious that most of the people prefer blockchain as it's very much easy to use . Moreover it is the safest among all the other wallets. Thanks


Most people have a wealth of no idea
Blockchain has been hacked more than any other wallet over the years, don't take security advice from idiots that only have $10 stored and feel qualified to give advice...  Roll Eyes
502  Economy / Speculation / Re: Chinese factors behind the 14 billion marketcap of Bitcoin on: December 26, 2016, 04:16:05 AM
I hope it's not a bubble, I've sold a few coins in this run but I am HODLING the majority of my stash for the long term. It'd be deflating to see us reach $1000+ only for the price to plummet several hundred dollars after.

Don't worry, if the price dips there is enough hungry hounds to buy it straight back up again....
Exponentially larger market for btc now than back in 2013
503  Economy / Speculation / Re: Bitcoin is on fire! Made the front page of reddit!! on: December 26, 2016, 01:51:44 AM
"In the history of Bitcoin, there has only been 11 days that the market was higher than it is today. So if you bought on any of the days since 2008, other than those 11 days, you are profiting."

Is that true?  Kinda cool if it is, and it's pretty good that bitcoin is sparking any sort of discussion outside this forum.

Still can't stand reddit, though.  The whole 'forum' is like a huge turd magnet.

There is a couple of thousand people chatting about it on a non bitcoin forum (not the btc sub-reddit) , I would say this is pretty great news as people can now see it was the best investment of 2016 and it is on course to  be the best investment of 2017....

This is GENTLEMEN!!!





504  Economy / Speculation / Bitcoin is on fire! Made the front page of reddit!! on: December 26, 2016, 01:37:19 AM
Bitcoin is on fire! Made the front page of reddit!

https://www.reddit.com/r/Futurology/comments/5k7uh8/bitcoin_surges_above_900_on_geopolitical_risks/

Prepare for moon soon!  Cool



505  Economy / Speculation / Re: touch down to 800$ is near on: December 26, 2016, 12:06:05 AM
Every touchdown is higher than before.
That means bitcoin is just fine. Cash out will happen. People want hot money. Sometimes.
I guess people will be waiting for four digit price levels so profit booking may not happen at the current price levels as long as we are yet to enter into the new year. Because, there are many speculations for the New Year, so obviously we can expect traders still will be waiting for the further price surge.
Not sure about four digit. Not in this up-leg. The time is running and we still are quite far away from there. Having the rising trend at such pace as we had recently is complicated to sustain for a longer period of time. Therefore we either speed further up and get there (less likely) or we start getting horizontal trend that will morph into a correction (more likely scenario).
Well are still lucky that the price was hit at 800 value that we do not know that the price can be more increase until 1k value..
The movement of the price is just like the or there is similarity too from the past year that everytime the christmass is nearly the price is going up too and after christmass you can see that the price is gradually decreases..

900 will stabilise when people have dumped all the coins they have to dump and then we're off to 1000+  Cheesy
506  Economy / Speculation / Re: I sold half of my COLD STORAGE coins on: December 25, 2016, 11:04:08 PM
Bought some back...  Me gready bastard.

It depends on what your intentions are. If you're just day trading your way through the market right now, then you can make a decent profit in quite a short time. But if you plan to wait for the price to go way over $900 where you cash out again, what would be your aiming price? I personally would just keep holding to at least the $1000 level. If you secure profits at $900-$920 it's not really worthwhile as the chances are high that the price will go up further

if we break $1k then that will kickstart the momentum to a new ATH .....

1000 big psychological behavior for sure

Reaching and passing $1133 would be parity with an Oz of gold too which would be a monumental achievement and could trigger a crazy bullrun

507  Economy / Speculation / Re: Bitcoin prices could leap to $2000 in 2017? on: December 25, 2016, 10:53:32 PM
actually this prediction is suspicious i mean there's no way that bitcoin could actually hit that kind of barrier. right now we're hardly to reach $1000 so its impossible to reach that amount. maybe in 2020 bitcoin could hit that barrier. but not today or next year. we're jsut getting started so just be easy on whatever happening right now and enjoy all the things.  Wink

Although I think that it is hardly possible that Bitcoin will hit $2000 mark in 2017 I wouldn't be so pessimistic about the future years. I think it is not so unrealistic to expect $2,000 in 2018, maybe in the second half of the year but BTC can really hit that mark in 2018.

So my prediction of the BTC price for the next two years:

$1,200 - Summer 2017

$1,500 - December 2017

$1,700 - Summer 2018

$2,000 - December 2018
It is not about being pessimistic or optimistic. It is about being neutral and not biased in any direction, be it up or down.
I simply don't see enough on the fundamental side to support the current valuation of Bitcoin, let alone, $1k, new ath and then $2k level.
This said, I am not saying it is impossible to reach there, as we already have seen massive pumps in the past. Although, if we have to count on pump in this matter and a pump of such volume, I hold it for very unlikely to happen.

I think if we break 1000 there is a very good chance we could snowball to a new ATH.....

This market  is anything but rational and orderly, especially when it hits the news that bitcoin  has finally surpassed the price of 1oz of gold....

A new ATH will come, just a matter of when imo
508  Economy / Speculation / Re: touch down to 800$ is near on: December 25, 2016, 10:23:55 PM
Touch down to $900 is near lol. It rose really fast in some 24 hours. Its $899 now, cant believe it. It might just reach $1000 on new year or a few days after that. Have to stay tuned for more updates Smiley

I guess this thread should be locked now Smiley

EDIT: The price is not $901.89
So better make a thread saying touch down near $1000 then it will rise faster I guess XD

It is already $910. Any reason for that?

Expanding adoption coupled with price manipulation, of course. As I said yesterday, it will be clear in a short while if this grown is organic or on "juice". If the price establishes itself around its current levels, it will be real adoption and we could expect the price to continue to rise in the future. If this price surge is manipulated, then it won't stay at these levels for long and it should drop sooner rather than later.
It should be clear by now, that it is mostly manipulation that drove us to these levels. In terms of adoption, not much has changed in the last six months or so, when the price nearly doubled.
Therefore, I would wait till the correction to check where the new stable level is. I guess we may see a retest of $700.

A retest of $700 sounds too drastic. We have fallen to $860 and I think we might head to $820 levels before resuming the steady increase forward.
Unless a whale with bitcoins wants to crash the market, we won't go too low since the $930 peaks are still fresh in people's minds.
Bitcoin is still quite a volatile asset, so a 20% correction wouldn't be something unusual. According to this article: http://www.zerohedge.com/news/2016-10-27/needham-raises-bitcoin-price-target-848-heres-why Bitcoin's volatility is smaller than three years ago, but still one should be prepared for a solid correction, once it starts. At the moment the real correction hasn't started yet, we are still in the phase where bulls and bears are trying who is stronger. 

A 20% correction would be swallowed up by all the hungry new users,if you are hoping to benefit from a possible flash crash thesedays you will need to get your money into the exchange and get ready to pull the trigger if it happens because I don't think it will last long if it even happens...
509  Economy / Speculation / Re: 1000+ is anytime now on: December 25, 2016, 09:53:09 PM
I didn't thought 2-3 weeks ago that price would be so high in 3 days. Now it's absolutaly possible if bitcoin's price will reach 1000 anytime but I read here, don't know if it's truth or not but another 1 billion would be added in bitcoin to the market cap of Bitcoin yesterday to stop bitcoin's price rise. It's very unpredictionable currency.
With the respect to last 2 to 4 day's action, I am also very much confident that bitcoin prices will be testing $1000 price levels before this new year.

Unfortunately many traders are so quick to book their profits and they are not ready to wait for some more days to have four digit price levels for bitcoin. Yes, I am very much eager to see four digit prices for bitcoin again.

When it breaks 1000  people will get excited again and likely we will see a new ATH....  Grin

This is GENTLEMEN!
510  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 25, 2016, 07:12:53 PM


Which exchanges allow you to short and long cryptos?


polo
511  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: December 25, 2016, 06:55:14 PM
We need another 100,000% increase to have 1 million per coin. Some might say it's impossible, but we are dealing with uncharted territory. Everyone said 1,000 dollars per BTC was impossible back then, but as we know, it happened and everyone all over the world went insane. This can happen again, and will happen at 10,000, at 100,000, and then at 1,000,000$ when everyone will go nuts.

even a lot of tech and finance  experts are already predicting it .........https://www.youtube.com/watch?v=fuH8tdQpWrU&t=1s
512  Economy / Speculation / Re: I sold half of my COLD STORAGE coins on: December 25, 2016, 05:55:30 PM
Bought some back...  Me gready bastard.

It depends on what your intentions are. If you're just day trading your way through the market right now, then you can make a decent profit in quite a short time. But if you plan to wait for the price to go way over $900 where you cash out again, what would be your aiming price? I personally would just keep holding to at least the $1000 level. If you secure profits at $900-$920 it's not really worthwhile as the chances are high that the price will go up further

if we break $1k then that will kickstart the momentum to a new ATH .....
513  Economy / Speculation / Re: Holy crap heading past $1,000 !!! on: December 25, 2016, 05:50:34 PM
We are gonna be richhhh!!!   Kiss Kiss Kiss

Even if you had 500 coins, you wouldn't be all that "rich" at $1000/btc


3000-5000+ btc then yeah, I guess you are "rich"

half a million on my country and you can live like a king for the rest of your life. Average wage here is less then 1$ a day.


How much do you pay for the Internet and what device do you access it on?

Im lucky, I work for a foreign government so Im not in the same boat as most. But my internet does suck, but on the other hand it is free.

 

aha ,cool
i was wondering how internet acess and a a computer / smartphone can be so cheap ....

No matter which country you live in owning a  little bit of mBTC/BTC  will put you ahead of the pack because youre aware of bitcoin this early and  99.99% of the world either dont know or dont care about it yet and it will  grow in value exponentially over the next few years  ...

warren buffett savs dont worry how much you can save ,its more important how early you get started and nobody knows more about money than him lol .........

warren buffett says " its not importasnt
514  Economy / Economics / Re: How many BTC will make you a fiat millionaire in 5 years? on: December 25, 2016, 05:33:26 PM
In 5 years, the price will just about $10,000. So we need at least 100 bitcoins to make a millionaire.

agreed ,that sounds about right by my  calculations for 2020 Wink

2020 is going to make a lot of btc millionaires ....
515  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: December 25, 2016, 03:20:32 PM
its still plenty early to get wealthy from bitcoins and anyone buying now will still be in top 1% of the world
when btc stretches its legs because i still believe gains in the future will make gains up until now seem like
chicken feed ,adoption and use applications are growing  rapidly and available supply is always deminishing.........


we will probably end up in the $3-7k range and after the 2020 halving that will likley move up to $10-100k
as many technology experts predict ........

https://www.youtube.com/watch?v=fuH8tdQpWrU

516  Economy / Speculation / Re: I sold half of my COLD STORAGE coins on: December 25, 2016, 03:00:57 PM
Bought some back...  Me gready bastard.


its the right move
unless your broke you dont sell at 900 when you can wait for the moon and then the Marz!  Wink
517  Economy / Speculation / Re: Bitcoin to go up another 100% on: December 25, 2016, 02:46:26 PM
Im all in too. All my money is in btc and i like it that way.

50k here we come!

Who's with me?

I've been all in since btc was $3......
I expect 5k or so in 2017

What a stupid comment. You've been "all in" since it was $3 huh? how have you lived since then, off the land?

Makes me laughs tho, yes, it is crazy to know that you were "in" since it was $3, when it was? Can you state the exact year for that? How much you invested then from the very beginning until now? You got big enough now??


im very comfortable at the moment ,thank you for asking lol
2011 wasnt the very beginnning though ,i missed those penny coins that people before me were able to to buy
the money im making now will go to my grandchildren becasue i already have
everything i need
518  Economy / Speculation / Re: Where are we? on: December 25, 2016, 01:58:24 PM
things are nothing like 2013
Yes there are many significant differences for current rally from 2013. In my understanding 2013 was a pure pump but now it seems prices are moving with reason like with strong adoptions. A steady raise is always a preferred one and that is alone happening right now.

if back then there were 10 whales not there are 100 Smiley
But in my understanding the number of whales will get diminished over time as only early massive adopters might be classified as whales. Massive adoptions with current price levels will not be possible for many people.

a million dollars isnt much to some people and it can still buy well over 1000 btc so yes ,people can still become whales fairly easily .......provided theyre already wealthy in fiat its easy
519  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: December 25, 2016, 01:46:36 PM
See what I did to the title?
I think you can change it now! Cheesy

 Let's Be Honest. We Are Waiting for $1000/BTC to sell

i will not sell any coins until $5k comes ......... Wink

i don't like that either.
in my opinion there should be a balance between buying and selling. it is not good to hodl bitcoin for 10-20 years and sleep on it. i feel a lot better when i buy every month with whatever amount of money i can spare and sell something at least, when there is a big rise to take some profit.

my coins only cost about $3 so ive already taken enough money out to last  my lifetime
my grandkids will probably inherit my bitcoins because i have everything i need already
no matter what happens now i cant lose ,even if the price went to zero (it wont) lol
so im waiting until we get to the marz  Wink



520  Economy / Speculation / Re: We all gonna be filthy rich and here is why: on: December 25, 2016, 01:42:05 PM
Bitcoin was and is alwaya HODL. I mean bull market.
Bears are all temporary. We are still in relatively early age of bitcoin so in couple of years these prices will look cheap.
I don't mean we will be all rich. I mean bitcoin will get popularity and adoption year after year and every rational in market knows this.

Sure to hodl seems to tbe the easiest way if you have no idea how trading works and you don't have enough money doing it.
I also agree that Bitcoin still is an early stage, in terms of technological development as also pricewise.
So having a long breathe and being patient may really extremely pay off in for instance 10 years?!

you can doublle your money hodling for just  6 months sometimes......nice easy profits  Wink
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