The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)

[Fakhoury]

News URL : https://www.youtube.com/watch?v=6ZCVQHtD2l4&feature=youtu.be

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[Fakhoury]

News URL : http://www.coindesk.com/occ-charter-bitcoin-exchanges-special-national-bank-status/

[Fakhoury]

American lawyer, regular commentator on finance and best selling author James Rickards says "Bitcoin is money".

News URL : https://www.youtube.com/watch?v=rsuGtjXS5tM&feature=youtu.be&t=1h3m20s

[Fakhoury]

News URL : https://twitter.com/ericxtang/status/805882146766327810

[JayJuanGee]

https://i.gyazo.com/9f1b97d0f72e7712f5a123465212b0f7.jpg[/img]

News URL : https://www.cryptocoinsnews.com/price-bitcoin-needs-increase-digital-currency-survive/

Several of the comments regarding the article are more logical than the article itself.

Even the title of the article is a bit doomsday provoking and speculatively wrong about various bitcoin tradeoffs.


The fact of the matter is that bitcoin is likely to survive quite well, whether there is an explosive outgrowth in price or not, and there is going to be mining decisions that are both motivated by current price and motivated by speculation about price.

Based on hashpower measurements, we can see that there is already an existing level of investment into mining that is quite bullish about the future direction of bitcoin, and if the anticipated bullish predictions about bitcoin's future do not play out, miners will leave bitcoin mining, but that kind of leaving does not necessarily indicate that that miners will leave to such an extent that bitcoin's security is going to become jeopardized.

Actually, some of the premises of this particular article reminds me of some of the arguments that were being made in respect to this past summer's halvening, and predicting hashing power to go down, miners to leave bitcoin, blah blah blah.  We witnessed such leaving as NOT TRUE, and bitcoin's hashpower has continued to improve and increase, which tends to support conclusions that there remains a lot of residual will power to invest in bitcoin mining in the event that other miners decide to leave the mining space.

[JayJuanGee]

https://i.gyazo.com/1a8b2e5c1b93517853a2928f238a42bd.png[/img]

News URL : https://www.coinbase.com/about

Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.

Crazywack:  When did you first start buying bitcoin?  Did you start with coinbase or some other service or combination of services?

I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013. 

I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.

[kehtolo]

News URL : https://www.youtube.com/watch?v=6ZCVQHtD2l4&feature=youtu.be

That's a great talk!

[Fakhoury]

https://i.gyazo.com/9f1b97d0f72e7712f5a123465212b0f7.jpg[/img]

News URL : https://www.cryptocoinsnews.com/price-bitcoin-needs-increase-digital-currency-survive/

Several of the comments regarding the article are more logical than the article itself.

Even the title of the article is a bit doomsday provoking and speculatively wrong about various bitcoin tradeoffs.


The fact of the matter is that bitcoin is likely to survive quite well, whether there is an explosive outgrowth in price or not, and there is going to be mining decisions that are both motivated by current price and motivated by speculation about price.

Based on hashpower measurements, we can see that there is already an existing level of investment into mining that is quite bullish about the future direction of bitcoin, and if the anticipated bullish predictions about bitcoin's future do not play out, miners will leave bitcoin mining, but that kind of leaving does not necessarily indicate that that miners will leave to such an extent that bitcoin's security is going to become jeopardized.

Actually, some of the premises of this particular article reminds me of some of the arguments that were being made in respect to this past summer's halvening, and predicting hashing power to go down, miners to leave bitcoin, blah blah blah.  We witnessed such leaving as NOT TRUE, and bitcoin's hashpower has continued to improve and increase, which tends to support conclusions that there remains a lot of residual will power to invest in bitcoin mining in the event that other miners decide to leave the mining space.

I agree with you JJG that the tone of the article is badly chosen, and I'm not afraid that we won't have price increase, I'm looking for 6 digits or at least, high 5 digits

[Fakhoury]

News URL : https://www.youtube.com/watch?v=6ZCVQHtD2l4&feature=youtu.be

That's a great talk!

You are the great one Kehtolo 

[Fakhoury]

[crazywack]

https://i.gyazo.com/1a8b2e5c1b93517853a2928f238a42bd.png[/img]

News URL : https://www.coinbase.com/about

Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.

Crazywack:  When did you first start buying bitcoin?  Did you start with coinbase or some other service or combination of services?

I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013. 

I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.

Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.

[JayJuanGee]

https://i.gyazo.com/1a8b2e5c1b93517853a2928f238a42bd.png[/img]

News URL : https://www.coinbase.com/about

Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.

Crazywack:  When did you first start buying bitcoin?  Did you start with coinbase or some other service or combination of services?

I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013. 

I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.

Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.

Overall, what was your trading activity like?

When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e.  I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.

Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...

Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow).   I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up).  I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.

[crazywack]

https://i.gyazo.com/1a8b2e5c1b93517853a2928f238a42bd.png[/img]

News URL : https://www.coinbase.com/about

Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.

Crazywack:  When did you first start buying bitcoin?  Did you start with coinbase or some other service or combination of services?

I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013. 

I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.

Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.

Overall, what was your trading activity like?

When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e.  I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.

Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...

Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow).   I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up).  I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.

I dived right into alts. Mostly on those small exchanges that are gone or so little volume that they don't matter anymore. Cryptsy and BTER mostly. When the Bitcoin bubble exploded, so did alts. I was hooked with those profits and have mostly traded alt coins for the last 3 + years. I try to stay to the better projects now as money really isn't pumping into everything like it did in 2013-2015.

My plan is to hold and accumulate until I no longer have to work or it goes to 0 although I had to start over right before the summer. . .

[Fakhoury]

https://i.gyazo.com/1a8b2e5c1b93517853a2928f238a42bd.png[/img]

News URL : https://www.coinbase.com/about

Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.

Crazywack:  When did you first start buying bitcoin?  Did you start with coinbase or some other service or combination of services?

I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013. 

I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.

Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.

Overall, what was your trading activity like?

When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e.  I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.

Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...

Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow).   I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up).  I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.

I dived right into alts. Mostly on those small exchanges that are gone or so little volume that they don't matter anymore. Cryptsy and BTER mostly. When the Bitcoin bubble exploded, so did alts. I was hooked with those profits and have mostly traded alt coins for the last 3 + years. I try to stay to the better projects now as money really isn't pumping into everything like it did in 2013-2015.

My plan is to hold and accumulate until I no longer have to work or it goes to 0 although I had to start over right before the summer. . .

I'm extremely happy to see starting again and throwing all what happened for you in the trash bin, don't forget my brother, we've started this together

[Fakhoury]

News URL : http://bitcoinist.com/saxo-outrageous-bitcoin-price-next-year/

[Fakhoury]

News URL : http://seekingalpha.com/article/4028212-irs-just-validate-bitcoin

[Fakhoury]

News URL : http://www.institutionalinvestor.com/media/3644823/The-Time-Is-Right-for-Bitcoin.html#.WEgBhNV96Uk

[JayJuanGee]

I dived right into alts. Mostly on those small exchanges that are gone or so little volume that they don't matter anymore. Cryptsy and BTER mostly. When the Bitcoin bubble exploded, so did alts. I was hooked with those profits and have mostly traded alt coins for the last 3 + years. I try to stay to the better projects now as money really isn't pumping into everything like it did in 2013-2015.

My plan is to hold and accumulate until I no longer have to work or it goes to 0 although I had to start over right before the summer. . .

Yeah, bitcoin seems to be in quite a different place after about November 2015, so it would have been a bit more difficult to be profitable in 2016 with successful strategies that were employed in 2014 and 2015. 

Surely, we can also recognize various cycles that are going to return from time to time, so there could be some good skills to recognize the better strategy to apply for whatever is the current cycle, whether that be applied to bitcoin trading or to alts.

[Fakhoury]

News URL : https://www.cryptocoinsnews.com/intense-demand-sees-11-new-bitcoin-atms-added-texas/

[Fakhoury]

News URL : https://www.reddit.com/r/Bitcoin/comments/5h1kpc/with_circle_shuttered_i_tried_bitsquare_heres_my/