the halving priced in before the actual halving event thats why the price doubled during the past months, there was no other reason for it to grow
It was just a related scene but the real factors why price increase after halving is due to different reasons but not halving as the main one. It was just think of the others since they are expecting a price increase speculation during the halving days so somehow others ride the train. I do not think that you want to reverse the action with respect to the bitcoin. The fact that everyone expects price growth, and even those who do not have even a bitcoin. Anything can happen mate, and that is good if some are not on the same page with us because it will give us some kind of analysis that we should not trust 100% on this investment as it could also collapse like any other form of investments. Yeah anything is possible with bitcoin, either it will touch to the moon or it will simply disappear so its better to keep on making quick profits till its alive. Day trading is the best option for now because of the volatility of the price and you can make an easy money regularly if you will also risk a bigger amount as your capital. For long time investor, anytime is a good time to buy as the price is expected to increase in the near future and we should just have the will to hold our bitcoins. If you are long term holder then any price is good to buy bitcoins and comparatively price is lower at a moment so if you buy some coins now then it can give you good profits in future. I bought some bitcoin early this year. I have not sold any yet. I think the price is too low at the moment to sell. |
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That is true in every investment the income is depending on the risk you have, if you invest in bank with lowe risk you can only earn a little profit but if you invest in bitcoin you will earn a lot of profit because you invest in higher risk and you need to believe that you will give better return on your investments.
I can take some risk, and I believe the bitcoin price will rise in the future, so I will buy some more bitcoins. People tend to be scared to take the risk and for sure bitcoin is really risky at all. But if you aren't going to take a risk then you are not going to grow. That is why I will going to keep on believing with bitcoin even the price is sometimes falling down and sometimes rising up. And for sure the wait of it is going to be worth it. If a person has other sources of income, and bitcoin wallet is just a secondary filler, it is possible and to wait when your bitcoin grow double or even triple time. Man is always in danger when it comes to money and where to put them. And that should be the way to do it, you will have to look for a job in real life and do bitcoin as your side job. It is necessary for every individual that he needs to have different source of income so if one will collapse, there are still the other one we can rely to cater our financial needs. Well that is going to be a good opportunity for you if you are going to keep on believing with bitcoin and you have your own job for sure you are going to have a lot of earnings by that time. There is no adoption if the people are not going to believe with bitcoin. People would believe bitcoin if it will be introduce to them, there are many people around the planet and not all of them usually browse in the internet but I am sure once in your area there is a seminar about bitcoin, it would be easier for them to understand. I have introduced the bitcoin to my friends, but they do not believe in it. It is too risky and too volatile. |
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There's no need of longest wait to have your money,no charges,no bank transactions , the fastest way of claiming money.Asking bitcoin or cash?Simply for me bitcoin..
of course cash is not worth using at the moment, in my opinion it would be better to have only bitcoins right now as it is easier to use Your cash should be save or spend but your bitcoins is for investment, at the moment the best option is to invest our bitcoins as the price is pretty cheap now and we have a big chance to make money in the future so we need to be a wise investor rather than a spender. Bitcoin value is appreciating but your cash is not, unless you have your own money exchanger though it's a good business. What I am talking about is Bitcoin value increases, we can't deny the fact that those who invested in Bitcoin, we call them early bird, I am pretty sure that they are in profit and earned a lot from Bitcoin. So, if the cash we have on our hand invested in Bitcoin I am sure that the value will appreciate, in just a matter of time. That is the reason I convert most of my cash into bitcoin and other investments such as stocks to avoid depreciation. |
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BTW - which GPU is the most powerfull for ETH mining and what is the hash speed of it??
390X or 1080? Or something else...?
Go for MSI 390 - 270-280 dollars - 30 Mhs Eth + 600 Mhs Sia Avoid Gigabyte far cheapear them 1080 and almost the same for eth 390s are also very stable & solid performer esp. those MSI ones. But beware..... 390s are gas-guzzlers! They can suck the life out of your PSU. Always undervolt - I get 30.xxMhs per card after -96mV/1040/1125 in AB. I under volt to 990 mV of the core voltage and can get 27.5 MH/s with 978/1000 MHz. The power consumption is about 160W on the wall. |
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If the question is directly to me then I would say no because I dont have the power to pump or dump the price, those who can manipulate the price are the exchanges, big holders because we are talking about millions to be dumped or pumped.
I do not have enough fire power to affect the price directly. But I hold most of my coins, that will indirectly increase the price. |
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i think no people can manipulate bitcoin rate because all sites have the exchange rate, also use different currencies. the decentralization make no people can force to sell or buying bitcoin.
A group of people can make the price manipulation, but with this current market which has grown a lot it would be difficult for them to have the same interest in price manipulation. We are more stronger now and the demand of the majority will prevail and the price will increase accordingly. That is right. The bitcoin price is higher than before, the whales need more funds to manipulate the market. |
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I buy Bitcoin when the price is low and if I can afford them at the moment because at some times the price can be a little high.
So I do not buy Bitcoin that often only when it comes out.
yeah I think everyone has different observations for the price in the market today. but I think compared with the price of bitcoin few weeks ago. the current price is relatively small. and I think now is the right time to buy bitcoin Yes. Because it just toom days for it to move so quickly. Didnt even need a week to fall down. That is the good thing in bitcoin specially when you did make the right decision while it is up. Bitcoins price now is very on a good fluctuate today that is why if you are planning to buy bitcoin today. Then today is the right time to buy, because for the next months and years the price today is not going to be seen again. And you just need to keep on holding it until the price is going to be at the top and you are going to earn good profit out of it. As long as the price does not touch to $600 yet then it is a good timing to buy. The price now is very cheap if you believe that we will achieve a good price this year like $1,000 or more. It could happen maybe because the halving has happened this year. The halving will have big effect on the bitcoin price. After the halving in 2012, the price rose 50 times in 2013. |
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You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...
of course all people are expecting the price to grow because of that everyone if hyping that the price is going to go up and they will make money out of trading Price will rise in coming months, as price is low now and many people are buying at this stage as they are aware that price will be much higher in the end of the year. of course the price is going to grow a lot in the near future, in my opinion bitcoins are going to be huge in the future and it will allow me to benefit I agree with that. The price might reach $700 in September if all goes well. It could reach $900 in December. |
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yes bitcoin getting too much powerful so you should strongly believe in bitcoin.
Bitcoin will be the best digital currency in future holing very high price and it will also replace all other payment methods and I strongly believe that it will be an future currency. more and more people who believe and believe to bitcoin will certainly be many people who will continue to use bitcoin certainly it will give a nice effect for the future of their own bitcoin I think the bitcoin will be developed further by the community. If there is good development, I will not use it. What? if something is going to have good development then you are not going to use it? Are you wishing that bad development is going to happen with bitcoin so that you are going to keep on using it. That's why I'm believing bitcoin because good development is going to happen in the future. So you just need to believe it. Bitcoin platform is already a developed one, it has been already updated in the past and it has been proven safe to use. Right now, people are more concern on the future as the market of bitcoin is blooming and they are more focus now on investing hoping to have a great return when the outcome is successful. The bitcoin on its own is safe. But the service providers are not secure enough for us to use it safely. |
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We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.
That could be right. Most of us invest in bitcoin because it has limited supplies, so the value will increase later. |
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You can manipulate bitcoin price
is you have much money maybe you must have money 100k - one milion dollar
because dump and pump market bitcoin is big capitalization in market
The whales that hold the most bitcoins can swing the price like this. Not for long mate, we have already seen a good number of adopters that would also dictate the price, the majority will always wins against the whales. if you could notice, after the big price fall back we are our track now to the good price. The whales can manipulate the price of bitcoin in short term. But in the long term, the price is determined by adoption. |
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yes bitcoin going to increase its too much faster and i hope that bitcoin will be increase its price to $800+ in the end of 2016 and i think bitcoin never dropped its price .
i hope that you are right, i hope that next year the new all time high in price will be achieved really easily, i think bitcoin is going to be bigger and bigger with time The Bitfinex exchange was hacked and lost about 120k coins. There is big price drop in the last 24 hours. don't afraid too much about that issues, buble will come directly for a while so i think we have a time to make a profit since the signal on the chart showing would up. there is no bubble coming right now, the price is going to grow just because people will be rebuying their bitcoins and bubble would mean that the price will drop again It's slowly creeping up, so I suppose we'd regain the price drop lost from the recent BitFinex hack. Hopefully the price would pull through even further. The bitcoin price is trading around $585 at the moment. It might take some time for the price to creep up. |
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I am very happy to share this fact that I am now a full member, please update my status in your list.
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yes bitcoin getting too much powerful so you should strongly believe in bitcoin.
Bitcoin will be the best digital currency in future holing very high price and it will also replace all other payment methods and I strongly believe that it will be an future currency. more and more people who believe and believe to bitcoin will certainly be many people who will continue to use bitcoin certainly it will give a nice effect for the future of their own bitcoin I think the bitcoin will be developed further by the community. If there is good development, I will not use it. |
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Well Bitcoin price did recover slightly today; but I dont buy into this rise - could be a dead cat bounce
There will gradual rise of the bitcoin in the net few months. The Mt Gox hack caused 2 years bear market, the Bitfinex hack will not. Because we are more stronger now, the Mt. Gox was many years ago and I almost forget it until you reminded it here, but we have move one ever since and we are now more capable of going to the future with a very good potential to get a massive adoption. I heard that Mt Gox lost 850,000 bitcoins, which is 7 times more than the loss of the Bitfinex exchange hack. So I think the bitcoin price will rise to $600 soon. The 120k bitcoin will not be dump to the market in the near future. |
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I used to buy my bitcoins each fortnight on payday but the fees add up over a year of doing it that way so i now op to get paid about half my wage directly in btc, no more fees  That is a good move for you, buying is too expensive while if you can earn it the better, we should focus on our way to earn bitcoins rather than buying if we don't really need that much. We only buy more bitcoins if we will use it as our capital in doing day trading and investing a huge amount of money. Focus on earning not on buying?? If all people will do that, then the price will not move. Please keep in mind that price is moving because dollars are inserted and circulating in the bitcoin market. Without it no such price fluctuations will happen. Price has gone down now so I think many people will prefer to buy with this price which will eventually take price again higher, so its better to wait and watch the price movements. I agree with that. That is a good price to buy some bitcoin at around $540. So I will set a buy order there. Yes this is the good price to buy bitcoin as price is low now and we can afford to buy at this price and price is expected to go higher in future which will help in earning good profits. Even the current price of $580 is a good price to buy the bitcoins. I think the price will rise to $600 next week. |
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I know bitcoin is adopted worldwide and is the most expensive cryptocurrency and most used one and trusted.
has good market and steady supply so yes it is big business.
That is right. If there is nothing fundamentally wrong with the bitcoin, the price will rise to very high levels. |
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currently the price had dropped to 580$ so there is still some chances and right now elections are comming and everytime it also effects some altcoin prices so i can turn some other profit making ways to just except waiting for the btc price increase
Waiting for the price of bitcoin to increase is still doable this time, you don't need to wait for a long period of time in order to make profit. If you have notice how the market react after the big price fall back, you can tell that it is back to a positive direction now and we can make profit even for a short period of time just buying now. May be it takes some time, but it is sure that bitcoin would be grow his price, and i am sure it will be more than previous price, but i think mostly people know about it that bitcoin price come down, because i have read mostly threads about bitcoin's price fall down. So thats all show people know about it before, and also Bitfinex has been hacked so it is a main reason of bitcoin falling, but don't worry it will be covered very soon. yeah price will start moving up again in next few weeks, so the only thing we can do it is to have patience and should take advantage of price drop by buying some coins. That is right. I think the bitcoin price will rise again due to the mass adoption or maybe the hacker is caught. |
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If we had a group that had a large amount of bitcoin, we could affect the market, but it's probably hard to get people to work together that way especially if it were a large group. It's easier for individuals with large amounts.
That is a group of big whales do. They can influence the bitcoin price in short term, but not in the long term. |
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yes i spend my bitcoin in very less amount and remains bitcoin i hold for long term investment when bitcoin increase its to higher amount then i convert it to fiat for good profit .
well it might be a really great idea right now to invest your fiat into bitcoins because in this way you can make big money, i will not be selling until we go to a new all time high It is a good move as it is very timely since the price is starting to rally up, if you could wait until this year alone, we might witness an all time high in terms of the price of bitcoin, believe me it will happen so we just have to be very patient for our investment, we have to proud of our self as we did not get into the trap to drop our bitcoins. I do not think the price will start to rise soon. The price of bitcoin show stay at the current level for some time. |
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