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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 598837 times)
JayJuanGee
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April 15, 2017, 08:41:23 PM
 #3541

           
          JayJuanGay


Bitcoinz - Bitcoinz - Gggooooo Bitcoinz yea Bitcoinz

I am not cheering anything...

You are the one coming up with bullshit scenarios based on highly unlikely and unstated assumptions...

The burden is on you, sir goofball, to provide a little more substance.   Tongue Tongue

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April 15, 2017, 11:05:35 PM
 #3542

It is nice to see these old thread and see what people thought back in the day, for me it is difficult to imagine a time where bitcoin was only worth 10 dollars but I know that is true, also it is incredible how right the OP was about prices I hope he still holds his bitcoins and keeps getting richer thanks to it.

Give it time. It will be worth $10 again.
LOL! I guess it would not be possible again, we will not see another big downfall because bitcoin
has matured through time and more and more people are accustom with bitcoin which is hard to imagine the opposite result of success.
yes that is very right that bitcoin has now too much mature and people are not going for panic selling any more we have two good examples when the the price of bitcoin start downfall but the people give a good support to bitcoin and now we can see bitcoin again trading above 1200 USD level.


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Nagadota
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April 16, 2017, 07:51:13 AM
 #3543

It is nice to see these old thread and see what people thought back in the day, for me it is difficult to imagine a time where bitcoin was only worth 10 dollars but I know that is true, also it is incredible how right the OP was about prices I hope he still holds his bitcoins and keeps getting richer thanks to it.

Give it time. It will be worth $10 again.
LOL! I guess it would not be possible again, we will not see another big downfall because bitcoin
has matured through time and more and more people are accustom with bitcoin which is hard to imagine the opposite result of success.
yes that is very right that bitcoin has now too much mature and people are not going for panic selling any more we have two good examples when the the price of bitcoin start downfall but the people give a good support to bitcoin and now we can see bitcoin again trading above 1200 USD level.
What's important isn't that Bitcoin could potentially fall, which it always could in theory, but the potential that Bitcoin will continue to rise further even though most of us are either a little bit late or lost many of our Bitcoin ages ago.

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April 19, 2017, 06:39:28 AM
 #3544

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.
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April 19, 2017, 07:11:07 AM
 #3545

I believe also, I will be wealthy because of bitcoin because it has a great potential to bring us fortune. Seems to me that we will
grow bit as time passes and by simply holding our bitcoin, it would already give us a good income.

 
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April 19, 2017, 02:19:03 PM
 #3546

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.

given the last five years, that seems pretty reasonable, which feels weird to write.
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April 24, 2017, 09:33:17 AM
 #3547

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.

given the last five years, that seems pretty reasonable, which feels weird to write.

Indeed.
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April 24, 2017, 02:47:09 PM
 #3548

It is nice to see these old thread and see what people thought back in the day, for me it is difficult to imagine a time where bitcoin was only worth 10 dollars but I know that is true, also it is incredible how right the OP was about prices I hope he still holds his bitcoins and keeps getting richer thanks to it.

Give it time. It will be worth $10 again.
LOL! I guess it would not be possible again, we will not see another big downfall because bitcoin
has matured through time and more and more people are accustom with bitcoin which is hard to imagine the opposite result of success.
I agree that we will not be able to see that big dump on the price because bitcoin is getting more even stronger now and the price is always going up and that is the sign that bitcoin is now unstoppable and it can't be that easy for bitcoin to be dump because it needs a lot of money and bitcoins to do that and no one will ever do that because everyone always want profit.

Never assume anything. I thought it couldn't happen too when the bubble popped all the way down to $2. I'm hoping all of the big block-small block bullshit causes a massive crash and we can buy back in cheap and do it all over again. It would also be nice if it was discovered that a couple of the Chinese exchanges were faking the price like MtGox was so we can do it all over again.

If the price pushes too high only the dumbest traders will stay with Bitcoin.

Remember, if you invest $100,000 in Bitcoin and the price is $10 it only needs to rise to $20 to double your money to $200,000.

If you invest $100,000 in Bitcoin and the price is $5000 it needs to go to $10,000 to double your money to $200,000.

If you were an investor, which playing field would you rather buy in on?

You are simply wet dreaming about btc going to $10 again...
There are far too many eyes on btc now to get anywhere near that....
The way things are going, litecoin might not even go back to $10 never mind Bitcoin..
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April 24, 2017, 07:14:49 PM
 #3549

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.

given the last five years, that seems pretty reasonable, which feels weird to write.

Indeed.

If no other honest digital currency takes the lead, bitcoin will likely appreciate in price. The FED will likely grow its balance sheet and create many more $ so bitcoin will increase at least 10 fold increase in nominal terms. Gold is a also good hedge against inflation, i don't recommend buying only bitcoins.

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April 24, 2017, 07:46:47 PM
 #3550

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.

given the last five years, that seems pretty reasonable, which feels weird to write.

Indeed.

If no other honest digital currency takes the lead, bitcoin will likely appreciate in price. The FED will likely grow its balance sheet and create many more $ so bitcoin will increase at least 10 fold increase in nominal terms. Gold is a also good hedge against inflation, i don't recommend buying only bitcoins.

And, is there any "honest digital currency" that has even a remote chance in the coming years to take over bitcoin?

Even if Ethereum, for example, does another 5x and surpasses bitcoin's market cap, who gives a ratt's ass, ethereum is missing a variety of fundamentals including decentralization, immutability and security, no?

  Sure, eth has some fancy supposed theoretical bells and whistles but how far can you take those smoke and mirrors?  I wonder?

And if not ethereum, what other coin?  Maybe we need both a down of bitcoin and an up of some other coin to make such a situation, and if there is another coin, then I don't have a problem putting some money into it.. Monero, for example?  or some other?  But several of those other coins have a long way to go too in terms of development, having time tested value on their chain, liquidity and adoption.

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April 24, 2017, 11:27:27 PM
 #3551

It is nice to see these old thread and see what people thought back in the day, for me it is difficult to imagine a time where bitcoin was only worth 10 dollars but I know that is true, also it is incredible how right the OP was about prices I hope he still holds his bitcoins and keeps getting richer thanks to it.

Give it time. It will be worth $10 again.
LOL! I guess it would not be possible again, we will not see another big downfall because bitcoin
has matured through time and more and more people are accustom with bitcoin which is hard to imagine the opposite result of success.
I agree that we will not be able to see that big dump on the price because bitcoin is getting more even stronger now and the price is always going up and that is the sign that bitcoin is now unstoppable and it can't be that easy for bitcoin to be dump because it needs a lot of money and bitcoins to do that and no one will ever do that because everyone always want profit.

Never assume anything. I thought it couldn't happen too when the bubble popped all the way down to $2. I'm hoping all of the big block-small block bullshit causes a massive crash and we can buy back in cheap and do it all over again. It would also be nice if it was discovered that a couple of the Chinese exchanges were faking the price like MtGox was so we can do it all over again.

If the price pushes too high only the dumbest traders will stay with Bitcoin.

Remember, if you invest $100,000 in Bitcoin and the price is $10 it only needs to rise to $20 to double your money to $200,000.

If you invest $100,000 in Bitcoin and the price is $5000 it needs to go to $10,000 to double your money to $200,000.

If you were an investor, which playing field would you rather buy in on?

You are simply wet dreaming about btc going to $10 again...
There are far too many eyes on btc now to get anywhere near that....
The way things are going, litecoin might not even go back to $10 never mind Bitcoin..

Sure, but isn't it a nice dream. Wouldn't you like to do it all over again?

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April 26, 2017, 02:41:53 PM
 #3552

IMO, as long as this scaling war doesn't decimate things, it's highly probable that we see a double or even triple sized market cap within the next 5 years.

given the last five years, that seems pretty reasonable, which feels weird to write.

Indeed.

If no other honest digital currency takes the lead, bitcoin will likely appreciate in price. The FED will likely grow its balance sheet and create many more $ so bitcoin will increase at least 10 fold increase in nominal terms. Gold is a also good hedge against inflation, i don't recommend buying only bitcoins.

And, is there any "honest digital currency" that has even a remote chance in the coming years to take over bitcoin?

Even if Ethereum, for example, does another 5x and surpasses bitcoin's market cap, who gives a ratt's ass, ethereum is missing a variety of fundamentals including decentralization, immutability and security, no?

  Sure, eth has some fancy supposed theoretical bells and whistles but how far can you take those smoke and mirrors?  I wonder?

And if not ethereum, what other coin?  Maybe we need both a down of bitcoin and an up of some other coin to make such a situation, and if there is another coin, then I don't have a problem putting some money into it.. Monero, for example?  or some other?  But several of those other coins have a long way to go too in terms of development, having time tested value on their chain, liquidity and adoption.
I totally agree, there are no way that any cryptocurrency is going to take over bitcoin, a part from all the other coins lacking development and basics and the thing that makes cryptocurrency so popular, they also lack the user base, because the only thing that make bitcoin so popular is the it has a large use base that has its back when things get messy, and if for some reason bitcoin fails people will lose faith in the cryptocurrency and no other shall rise.


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April 26, 2017, 06:07:39 PM
 #3553

I think at 2017 end btc price will reach around 2k$+ and more at 2018

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April 26, 2017, 07:14:53 PM
 #3554

I think at 2017 end btc price will reach around 2k$+ and more at 2018

Yes that's what we all are expecting to happen in this year and bitcoin is moving in a positive direction at a moment so that price is likely to achieve by the end of the year and if you manage to hold it longer then you will be making some higher profits in future.


 
 
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optigon
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April 26, 2017, 09:36:26 PM
 #3555

I think at 2017 end btc price will reach around 2k$+ and more at 2018

Yes that's what we all are expecting to happen in this year and bitcoin is moving in a positive direction at a moment so that price is likely to achieve by the end of the year and if you manage to hold it longer then you will be making some higher profits in future.

Bitcoin is full of surprises and anything is possible in coming months so we cannot afford to trust bitcoin blindly that it will only give us positive results and if price falls down then all your holdings will go in vain so be smart and take your decisions accordingly.

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April 27, 2017, 05:56:43 AM
 #3556

I think at 2017 end btc price will reach around 2k$+ and more at 2018

Yes that's what we all are expecting to happen in this year and bitcoin is moving in a positive direction at a moment so that price is likely to achieve by the end of the year and if you manage to hold it longer then you will be making some higher profits in future.

we're all expecting it? oh crap, we're so screwed.
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April 27, 2017, 08:19:48 AM
 #3557

I think at 2017 end btc price will reach around 2k$+ and more at 2018

Yes that's what we all are expecting to happen in this year and bitcoin is moving in a positive direction at a moment so that price is likely to achieve by the end of the year and if you manage to hold it longer then you will be making some higher profits in future.

Bitcoin is full of surprises and anything is possible in coming months so we cannot afford to trust bitcoin blindly that it will only give us positive results and if price falls down then all your holdings will go in vain so be smart and take your decisions accordingly.
Because of the price of bitcoin is unpredictable and volatile, it is best to buy bitcoin regularly like every month because in that strategy you will buy the average per month price of bitcoin and you can avoid getting too much loss from buying bitcoin rather than buying bitcoin from all of your money in one shot.

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April 27, 2017, 08:50:26 AM
 #3558

I think at 2017 end btc price will reach around 2k$+ and more at 2018

Yes that's what we all are expecting to happen in this year and bitcoin is moving in a positive direction at a moment so that price is likely to achieve by the end of the year and if you manage to hold it longer then you will be making some higher profits in future.

Bitcoin is full of surprises and anything is possible in coming months so we cannot afford to trust bitcoin blindly that it will only give us positive results and if price falls down then all your holdings will go in vain so be smart and take your decisions accordingly.
Because of the price of bitcoin is unpredictable and volatile, it is best to buy bitcoin regularly like every month because in that strategy you will buy the average per month price of bitcoin and you can avoid getting too much loss from buying bitcoin rather than buying bitcoin from all of your money in one shot.

Hmm... Not if you consider long term

I mean long term the price of btc is going to go up (at least IMO)
So if you buy everymonth the average price of buying will always increase
So no matter how expensive they were at a moment, if you buy everything at month X price X there will be a moment X2 where if you bought everymonth your average price will be bigger ^^


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April 27, 2017, 09:12:37 AM
 #3559

This is interesting. As with all now established currencies and systems, there were a lot of haters and people who didn't believe in it.
Starting solely from its long existence already, bitcoin has proven to be stable. In my opinion, it's only a question of time when the public interest will rise (you probably need to have a few role models that have a lot public impact that spread the word), and then, the value growth will go on rapidly.

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April 27, 2017, 09:16:58 AM
 #3560

It is nice to see these old thread and see what people thought back in the day, for me it is difficult to imagine a time where bitcoin was only worth 10 dollars but I know that is true, also it is incredible how right the OP was about prices I hope he still holds his bitcoins and keeps getting richer thanks to it.

Give it time. It will be worth $10 again.
LOL! I guess it would not be possible again, we will not see another big downfall because bitcoin
has matured through time and more and more people are accustom with bitcoin which is hard to imagine the opposite result of success.
I agree that we will not be able to see that big dump on the price because bitcoin is getting more even stronger now and the price is always going up and that is the sign that bitcoin is now unstoppable and it can't be that easy for bitcoin to be dump because it needs a lot of money and bitcoins to do that and no one will ever do that because everyone always want profit.

Never assume anything. I thought it couldn't happen too when the bubble popped all the way down to $2. I'm hoping all of the big block-small block bullshit causes a massive crash and we can buy back in cheap and do it all over again. It would also be nice if it was discovered that a couple of the Chinese exchanges were faking the price like MtGox was so we can do it all over again.

If the price pushes too high only the dumbest traders will stay with Bitcoin.

Remember, if you invest $100,000 in Bitcoin and the price is $10 it only needs to rise to $20 to double your money to $200,000.

If you invest $100,000 in Bitcoin and the price is $5000 it needs to go to $10,000 to double your money to $200,000.

If you were an investor, which playing field would you rather buy in on?

You are simply wet dreaming about btc going to $10 again...
There are far too many eyes on btc now to get anywhere near that....
The way things are going, litecoin might not even go back to $10 never mind Bitcoin..

Sure, but isn't it a nice dream. Wouldn't you like to do it all over again?

yes ,indeed ,not many people from the early days are still around here like us lol
it would be nice not only for the extra cash but for the nostalgic rollercoaster ride

i bought my first btc's around  $3 and i bought more and more  until they hit like $10
i would love to do it all it all again but i think LTC is our best chance to go through simlar patterns of adoption
and gains .........
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