BruceSwanson (OP)
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July 10, 2015, 04:13:08 PM |
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My conclusion: stay. The blockchain itself will be the killer app upon which all other apps and bitcoins' fiat value will depend.]
Take a look at this NPR story: http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=false&id=421684368&m=421684369Starting at 1:30 into the story, I immediately thought of the blockchain and its ability to validate that data has not been changed. Then I went to Coinbase and saw that the price of bitcoin had jumped. Coincidence? At any rate, that news could hardly hurt the price.
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extrabyte
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July 10, 2015, 05:15:48 PM |
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I should stay ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keeping my beloved satoshis now since the day I entered the BTC world. Besides today , I really don't know where I will put all of my saved btc's that's why for now I will keep it. They should stay because bitcoin price last few days until now goes up and now its price is $270 . If they still stay and not go the price of bitcoin goes up in succeeding days. Yeah agree. I read some speculations with some fearless market forecast analyzation that it can reached $300 by the end of the year or in first quarter next year. What you think guys ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Many users are so very happy in that news. If its price continuously increase, many users will still used bitcoin and also they can invite their friends to also used it and they can tell that its price are so big compare with the last years. Yeah Bitcoin still has the biggest traction, acceptance, and best known name out there. That is what actually counts.
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newb4now
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July 10, 2015, 05:35:11 PM |
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Just like you say about the Apple computers in the early days, the tools were there, but nobody really saw an usage... We have to give it time and develop Bitcoin further. Something to ponder about when thinking if one should stay or go is the Blockchain technology itself, not only Bitcoin. The Blockchain tech is even bigger than Bitcoin, I think, and it could easily reach bigger proportions than the coin itself (although if it does, the coin will go through the roof too, probably, as both are tied together) Summing it all up, it's time to stay ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Great analogy about Apple. The tech can do more than we can currently imagine. The blockchain is the key invention of satoshi. Bitcoin as a currency is just the first blockchain "app". Many more apps will come Blockchain tech will change the world. Fortunes will be made with those that come up with great ideas how how to utilize the blockchain in new and innovative ways. Bitcoin could fair for some yet unknown reason and the blockchain would remain. I still think it is more likely that not that bitcoin will eventually fail (and be replaced by something else) but not in the short run. I still think BTC is a good investment at these prices despite that statement because the potential returns if it becomes a major world currency completely dwarf the loss if it fails. Attractive risk/reward if you ask me so long as you do not invest more than you can afford to lose
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dothebeats
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July 10, 2015, 05:38:48 PM |
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Good luck for everyone who will leave bitcoin. In some years bitcoin will be a great payment method and beat paypal. At that moment, be happy with your government ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) we are very near to beat paypal in the tx volume, they have only 100 more, there is a big picture with the top 10, and we are in top 10 at the moment, paypal is shit, bitcoin is aiming to beat mastercard and visa i'm staying with this baby, because i want to see the fear of the other when bitcoin will be really big, and i want to see them in knee when bitcoin, will bring them down Yep, we are nearing to beat PayPal in transaction volume, but that doesn't mean we should be happy about it. The blockchain that is tied to with bitcoin is what really makes bitcoin a winner against these payment processors. Maybe right now we aren't seeing full support from the public, but give it time, bitcoin will reign supreme among these three payment processing giants. Did I forget to mention that blockchain is super awesome?
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OrientA
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July 11, 2015, 07:51:40 AM |
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Yep, we are nearing to beat PayPal in transaction volume, but that doesn't mean we should be happy about it. The blockchain that is tied to with bitcoin is what really makes bitcoin a winner against these payment processors. Maybe right now we aren't seeing full support from the public, but give it time, bitcoin will reign supreme among these three payment processing giants.
Did I forget to mention that blockchain is super awesome?
For the time being, lots of these transactions are spam. They should be filtered by miners.
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klf
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July 11, 2015, 05:25:52 PM |
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Bitcoin needs its time to mature and system to grow naturally. Majority thinks everything has to happen with lightning speed which is just simply wrong.
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mattiadeabtc
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July 12, 2015, 08:46:30 PM |
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This timeline http://historyofbitcoin.org/ in the future will be prehistory, for this reason, I STAY
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izanami
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July 13, 2015, 02:26:38 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
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Genesys
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July 13, 2015, 02:34:53 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
That's not the correct reasoning. Iceland went bankrupt did the price suddenly sky rocket? Greece near but still in undecided 100% can't pay it's debt will file for bankruptcy, didn't go up by too much $18 at most. Puerto Rico is trying the same game now and say they can't pay there debts and asking for bail out, nobody flinches. So I don't think if more countries go bankrupt they will make a big difference in price. Maybe a bigger economical country that has pull on the markets, then yes.
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dollarneed
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July 13, 2015, 05:17:50 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
That's not the correct reasoning. Iceland went bankrupt did the price suddenly sky rocket? Greece near but still in undecided 100% can't pay it's debt will file for bankruptcy, didn't go up by too much $18 at most. Puerto Rico is trying the same game now and say they can't pay there debts and asking for bail out, nobody flinches. So I don't think if more countries go bankrupt they will make a big difference in price. Maybe a bigger economical country that has pull on the markets, then yes. Agreed just because the country going bankrupt it does not mean the price of bitcoin is going up but posibly the price would up if all of the citizen invest their money in bitcoin thats gonna be epic,yup its depend on a situation and what country if bigger economical country we have to ready for increaced of the price
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Amph
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July 13, 2015, 08:03:13 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
greece hadn't any real impact on the price, it was only a coincidence, i believe that litecoin pump which started early than the greece last crisis, had a major impact on bitcoin than anything else
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Herbert2020
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July 13, 2015, 09:30:05 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
greece hadn't any real impact on the price, it was only a coincidence, i believe that litecoin pump which started early than the greece last crisis, had a major impact on bitcoin than anything else i think greece didn't have any major impact on the bitcoin price but the greece "News" definitely had a big impact on it. because as soon as the final news about greece was published with the headline of greeks buying bitcoin , made a lot of investors start buying in order not to be left behind , so the price went up. but i don't think it was because of the litecoin pump.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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harizen
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July 13, 2015, 09:49:33 AM |
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Bitcoin rapidly price up when China's stock market became roller coaster. What do you think guys is the connection with this?
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pronto
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July 13, 2015, 09:55:04 AM |
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it's getting down every single minute. someone tried to fool all the bitcoiners
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Bitcoin for 3ver
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pronto
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July 13, 2015, 10:11:12 AM |
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when it's the best time to buy BTC again?
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Bitcoin for 3ver
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Hopalong
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July 13, 2015, 10:13:06 AM |
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if you want to increase the price of BTC, then there must be a country going to bankrupt LOL
If you want a good pump and dump you need something to get people to take the bait...
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camelson
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July 13, 2015, 10:18:37 AM |
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when it's the best time to buy BTC again?
I think this is the Best time to buy some btc at that rate, 285$ Because BTC is fluctuating more than few days before. Now I believe It will again go more than 310$ for next few days. If you will buy now, then you will be able to earn some Profit Now.
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harizen
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July 13, 2015, 10:22:20 AM |
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when it's the best time to buy BTC again?
Act now and buy more now. Looking at the current price movement , this season is the best time to buy bitcoins.
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Hopalong
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July 13, 2015, 10:31:04 AM |
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when it's the best time to buy BTC again?
Right before it start to go up.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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dothebeats
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July 13, 2015, 10:49:18 AM |
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when it's the best time to buy BTC again?
Right before it start to go up.... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Well, every time seems like it's about to go up. The thing is, to better average your entry price, try buying in different prices. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yes, time to buy now of course! Every time is a good time to buy bitcoins (that is, if you don't mind the prices or you are planning to hold for long.)
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