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MFahad
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August 08, 2016, 04:11:47 PM |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them. There is huge upside potential, but the risks should not be understated. There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure. |
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happen or be a part of it"
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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MingLee
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August 08, 2016, 04:35:30 PM |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them. There is huge upside potential, but the risks should not be understated. There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure. For most people there probably less of a risk of holding your Bitcoin in an exchange wallet as opposed to any other form of wallet, and that's mostly because of the average Joe not knowing much about PC security. Assuming they get a virus, and the creator intends to go after Bitcoin desktop wallets, it can be a write-off for the person who owns the wallet. Even though there is risk keeping Bitcoin in an exchange, there are some benefits for some people. |
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sanas
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August 09, 2016, 11:59:58 AM |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them. There is huge upside potential, but the risks should not be understated. There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure. For most people there probably less of a risk of holding your Bitcoin in an exchange wallet as opposed to any other form of wallet, and that's mostly because of the average Joe not knowing much about PC security. Assuming they get a virus, and the creator intends to go after Bitcoin desktop wallets, it can be a write-off for the person who owns the wallet. Even though there is risk keeping Bitcoin in an exchange, there are some benefits for some people. You just need the Core Client to create a wallet and copy the address. Then you can ask somebody to sen to that address. |
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potatopower
Sr. Member
 Offline
Activity: 296
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 09, 2016, 12:45:44 PM |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. thats true, if they want to avoid losses to those hacks then they should never keep their money on exchanges, though traders will still do that |
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oceanriver
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August 09, 2016, 01:23:22 PM |
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that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.
I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack. The probability of that happening is not negligible. All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures. Unfortunately, when some exchange goes under, Bitcoin's price gets affected. So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw. right now i never hold my bitcoins or other cryptos on an exchange in order to avoid some losses, in my opinion it is a way too risky thing to do |
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Docnaster
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August 10, 2016, 10:49:14 AM |
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the price is going to be only higher, in my opinion a new all time high will be reached soon
A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good. |
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Innocant
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August 13, 2016, 12:54:45 PM |
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the price is going to be only higher, in my opinion a new all time high will be reached soon
A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good. I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet. |
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Master_dandosha
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August 13, 2016, 01:02:09 PM |
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the price is going to be only higher, in my opinion a new all time high will be reached soon
A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good. I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet. many promoters never care about the technical specification of bitcoin network frankly they never know\understand about it , all is hype and increase in adoption among the community . |
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JumperX
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August 13, 2016, 02:41:05 PM |
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the price is going to be only higher, in my opinion a new all time high will be reached soon
A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good. $1200 will be achieve in next year not before that and it will be interesting to see that whether it rise from there or remains stable or falls back below to $1k. |
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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August 13, 2016, 02:46:27 PM |
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the price is going to be only higher, in my opinion a new all time high will be reached soon
A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good. I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet. many promoters never care about the technical specification of bitcoin network frankly they never know\understand about it , all is hype and increase in adoption among the community . the price is the main aspect for a lot people here. what's happening with the network, or even all that has been discussed about increasing the block size, it's moving past them. they don't even look at it. and those that do look at the block size increase, they see it as something that can get the price to increase. so once again, it's price related. |
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Hellacopter
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August 13, 2016, 04:37:06 PM |
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It's really hard that Bitcoin price drop down below $500 again, because we expect the price will rise in the few next coming months. But if this happened, holding is everytime profitable, for the long run.
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nejibens
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August 13, 2016, 05:01:14 PM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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August 13, 2016, 05:54:06 PM |
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It's really hard that Bitcoin price drop down below $500 again, because we expect the price will rise in the few next coming months. But if this happened, holding is everytime profitable, for the long run.
Look at the Bitcoin price over a longer period my friend. Just over a year ago we saw a average price over $200+ for quite some time, then it went up to $400 to $450 and now it is averaging at over $500 .... So if you look at it over a longer period, it is going up with lots of volatility in between. Just hoard your Bitcoin and forget about it for a year, I cannot guarantee that it would happen again, but history has proven a trend like this for the last couple of years. It's still the best performing currency of all other currencies for the last two years.  |
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eddyubachs
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August 13, 2016, 06:49:40 PM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
Yeah I don't think that we will see that price again as price is moving in upward direction and more adoption will take price even to higher level in coming period. |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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August 13, 2016, 08:04:10 PM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
Yeah I don't think that we will see that price again as price is moving in upward direction and more adoption will take price even to higher level in coming period. When the price peaked at around $780 in June, people also said that the price would never go below $500 again while it still happened. And this isn't the first time. Do you remember the ATH of nearly $1200? People said that it was over with $1XX prices, but it did fall back to below $200 prices again. It's Bitcoin, full of surprises.  |
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Oralmat
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August 14, 2016, 05:32:00 AM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
Yeah I don't think that we will see that price again as price is moving in upward direction and more adoption will take price even to higher level in coming period. When the price peaked at around $780 in June, people also said that the price would never go below $500 again while it still happened. And this isn't the first time. Do you remember the ATH of nearly $1200? People said that it was over with $1XX prices, but it did fall back to below $200 prices again. It's Bitcoin, full of surprises. Yes, bitcoin prices are full of surprises and we really cant predict what will happen to price in next days or so. This type of up and down is good for investors too who want to get quick profit by selling at high and buying again at low. |
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peta4e
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August 14, 2016, 06:30:23 AM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
Yeah I don't think that we will see that price again as price is moving in upward direction and more adoption will take price even to higher level in coming period. When the price peaked at around $780 in June, people also said that the price would never go below $500 again while it still happened. And this isn't the first time. Do you remember the ATH of nearly $1200? People said that it was over with $1XX prices, but it did fall back to below $200 prices again. It's Bitcoin, full of surprises. Yes, bitcoin prices are full of surprises and we really cant predict what will happen to price in next days or so. This type of up and down is good for investors too who want to get quick profit by selling at high and buying again at low. Almost all traders are taking benefits of price fluctuations and making quick profits regularly and I think that is the best way to make profits from bitcoin. |
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Denker
Legendary
Offline
Activity: 1442
Merit: 1014
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August 17, 2016, 02:26:38 PM |
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I believe the bitcoin's price will increase highly in the near future, and i don't think it will decrease again to 400$ or so. That's why i hold some coins to make profit soon.
Yeah I don't think that we will see that price again as price is moving in upward direction and more adoption will take price even to higher level in coming period. When the price peaked at around $780 in June, people also said that the price would never go below $500 again while it still happened. And this isn't the first time. Do you remember the ATH of nearly $1200? People said that it was over with $1XX prices, but it did fall back to below $200 prices again. It's Bitcoin, full of surprises. Yes, bitcoin prices are full of surprises and we really cant predict what will happen to price in next days or so. This type of up and down is good for investors too who want to get quick profit by selling at high and buying again at low. Almost all traders are taking benefits of price fluctuations and making quick profits regularly and I think that is the best way to make profits from bitcoin. This is probably one of biggest use cases/network effects Bitcoin is having at the moment.Trading and speculation.And of course the more volatile BTC is the more it will attract those guys.And when hopefully one of the known ETFs will get approved this will attract even bigger money. |
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