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Author Topic: Bitcoin: Should you stay or should you go?  (Read 34149 times)
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October 21, 2015, 11:58:55 PM
 #481

Stay... day by day more and more people learn about Bitcoin and investors learn that it's more important than they thought and invest more

This will be inevitably easier now for investors (in the U.S.) to do "legit" investing with the help of Gemini now... Even though I don't necessarily support them, in terms of providing to much personal information; it will help mainstream adoption, and get major investors into the game I think.

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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October 22, 2015, 01:42:22 PM
 #482

This will be inevitably easier now for investors (in the U.S.) to do "legit" investing with the help of Gemini now... Even though I don't necessarily support them, in terms of providing to much personal information; it will help mainstream adoption, and get major investors into the game I think.

I have the impression that the recent price rise is caused by the establishment of Gemini. It will help bitcoin into main stream. People will not be afraid of stealing coin by exchanges.
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October 29, 2015, 06:56:37 PM
Last edit: October 29, 2015, 10:08:16 PM by BruceSwanson
 #483


To convince any skeptics, tell them to substitute the word "blockchain" for "bitcoin" in a lot of discussions about the latter. (It doesn't always work but often enough it does.) . . . Tomorrow, individuals and companies will hash whatever data they need to preserve, use that hash to create a bitcoin address, and then send some fraction of bitcoin to that address. Voila, unalterable proof that their data existed by an exact date and time . . .


In light of what I posted on October 13 (see quote, above), I got a reflected sense of validation in reading the quote below, published October 29, on a WSJ blog site (Google: Barry Silbert's DCG Slows Down Bitcoin Deals)

Quote
We advise, cross out ‘bitcoin’ where you can and put in ‘blockchain.’ It’ll solve most of the problems,” Mr. Selkis said, with a smile. . . Blockchain is a distributed database where bitcoin transactions are recorded. Some startups are trying to use the bitcoin database to record other information.

Make it a right-click function. Fast and easy does it. 
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October 30, 2015, 01:15:37 PM
 #484

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes

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October 30, 2015, 01:36:19 PM
 #485

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes

I agree, $1000 mark is my opinion too. I'm not saying it will reach the mark right away, but it will sooner or later. My prediction is two years from now.

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October 30, 2015, 01:40:53 PM
 #486

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes

I agree, $1000 mark is my opinion too. I'm not saying it will reach the mark right away, but it will sooner or later. My prediction is two years from now.

Here is something that I would suggest to safeguard your profits in any case Bitcoin's price starts to decline. If Bitcoin's price is high, convert it into a price stable cryptocurrency like Tether (which is pegged to fiat). That way, when BTC price goes down, it will not have effect on your profit losses. Just my suggestion.  Roll Eyes

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October 31, 2015, 02:44:11 AM
 #487

I doubt that Bitcoin will ever go down to its 2009 price. My prediction is that it will continue to go up for quite a long time. Bitcoin has dropped a lot from its 2013 price but I think that from now on, the price will steadily rise. I think that the only thing that will make bitcoin's price drop, is if someone makes a cryptocurrency even better than Bitcoin. But Bitcoin will still be popular as it is the first ever cryptocurrency.
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October 31, 2015, 02:52:19 AM
 #488

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes

I agree, $1000 mark is my opinion too. I'm not saying it will reach the mark right away, but it will sooner or later. My prediction is two years from now.
Good, two years doesn't seem that long to wait because you will be trying to earn as much as you can until then. It is just the incentive to know that $1000 mark is waiting for you at the end of that two year journey.




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October 31, 2015, 02:55:54 AM
 #489

I doubt that Bitcoin will ever go down to its 2009 price. My prediction is that it will continue to go up for quite a long time. Bitcoin has dropped a lot from its 2013 price but I think that from now on, the price will steadily rise. I think that the only thing that will make bitcoin's price drop, is if someone makes a cryptocurrency even better than Bitcoin. But Bitcoin will still be popular as it is the first ever cryptocurrency.
We will never see it that ever again because that was a period in time that had factors involved that can never be replicated.
They tried to make a cryto better than bitcoin, it is called litecoin   Wink




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October 31, 2015, 03:10:22 AM
 #490

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes
Agree with you, now price of bitcoin has reached $329 for each 1 bitcoin, i am quite sure that bitcoin is going up to $1000, and there is no particular reason to leave the bitcoin space, unfortunately i am not holding much bitcoin right now
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October 31, 2015, 03:18:21 AM
 #491

pay  Bitcoin to my friend.
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October 31, 2015, 09:41:42 AM
 #492

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes
Agree with you, now price of bitcoin has reached $329 for each 1 bitcoin, i am quite sure that bitcoin is going up to $1000, and there is no particular reason to leave the bitcoin space, unfortunately i am not holding much bitcoin right now

With the recent price of appreciation everyone will decide to stay with bitcoin forever. This is a common thing, everyone will have one the thing get it's success. So I believe know people will never give up their hope with bitcoin and they are all will stick with bitcoin.

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October 31, 2015, 10:05:20 AM
 #493

Now it is not the time to leave the Bitcoin space. With all that is happening, including the price increase, this will have a very positive effect in our profits. So all I can say is that prepare yourself for the $1000 mark! Just my opinion  Roll Eyes
Agree with you, now price of bitcoin has reached $329 for each 1 bitcoin, i am quite sure that bitcoin is going up to $1000, and there is no particular reason to leave the bitcoin space, unfortunately i am not holding much bitcoin right now

With the recent price of appreciation everyone will decide to stay with bitcoin forever. This is a common thing, everyone will have one the thing get it's success. So I believe know people will never give up their hope with bitcoin and they are all will stick with bitcoin.

Bitcoin getting stronger and stronger with the current appreciation of price. So there is no point in leaving off bitcoin anymore. Everybody will stay with bitcoin for over because bitcoin is the future of financial world.
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October 31, 2015, 10:11:08 AM
 #494

Its better to stay because bitcoin has a lot of potencial growing. There is an amount limited of bitcoins, and if all the people wants one, there aren't bitcoins for all, the price could increse and double in few time.
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October 31, 2015, 10:57:20 AM
 #495

Its better to stay because bitcoin has a lot of potencial growing. There is an amount limited of bitcoins, and if all the people wants one, there aren't bitcoins for all, the price could increse and double in few time.

that's why you can split 1 bitcoin into 100,000,000 smaller pieces. even with the current price a lot people don't have even 0.5btc.
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October 31, 2015, 11:13:04 AM
 #496

I will never stop using bitcoin.. I mean there is a lot more and exciting things to come and learn. Bitcoin is a book that i cannot leave it unread fully. It is an endless book to next generation virtual currency. No matter how many coins come but it will not shatter my determined mind to continue using bitcoin

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October 31, 2015, 03:07:14 PM
 #497

Bitcoin is still going up in terms usage and adoption. It is still be developed. There are many infrastructures building around it. It has bright future.
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October 31, 2015, 03:24:43 PM
 #498

It is not time to leave it completely. You may buy and dump but you should still return it.
It's growing potential is high also it is rising slowly nowadays.
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October 31, 2015, 03:27:44 PM
 #499

In my opinion BItcoin is best place to invest your money Smiley
so better to stay at bitcoin and keep growing your money

im sure wwe will comeback to $1000 again

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November 01, 2015, 01:14:40 AM
 #500

In my opinion BItcoin is best place to invest your money Smiley
so better to stay at bitcoin and keep growing your money

im sure wwe will comeback to $1000 again

And when it's back to $1000 it will be the perfect time to sell. Unless you want to keep holding for more profits (if price increases even more). Just to be safe, I will just exchange some of my Bitcoins to a cryptocurrency pegged to fiat. Then, I would preserve its value in case its price would go lower again. I’m thinking of exchanging them to BitUSD.  Smiley

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