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Author Topic: What if we sit at $310-$340 for 2 more years?  (Read 15329 times)
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February 29, 2016, 04:18:21 PM
 #161

We will never see $340 in the future. It is the mining cost of most people in the western world.

How is that?
The next generation of miners will come soon, these will make the current set of miners not needed anymore.

But no bitcoin value is not ready yet for stability. There is just too much happening for that.
That cant happen. It will always change from value. So that is very hard to predict. I hope more people will also use Bitcoin.
But you can already see now that the value is rising. And that is good for the people who already made an investment.
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
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February 29, 2016, 04:21:51 PM
 #162

It will never gone right. Bitcoin will go up, i believe it. Since trading is very in a loss these days, so we should can wait a little for this. Bitcoin will never sat at price of $310-$340 more. It will go up.  Smiley
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February 29, 2016, 06:11:45 PM
 #163

It will never gone right. Bitcoin will go up, i believe it. Since trading is very in a loss these days, so we should can wait a little for this. Bitcoin will never sat at price of $310-$340 more. It will go up.  Smiley

I think the price will never go below $350 again. We just need to be patient. The price will be higher later this year.
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March 01, 2016, 02:14:34 PM
 #164

It will never gone right. Bitcoin will go up, i believe it. Since trading is very in a loss these days, so we should can wait a little for this. Bitcoin will never sat at price of $310-$340 more. It will go up.  Smiley

The days of $310-340 are long gone. The price will never reach level again. In a few months, the price will be permanently higher than $400.



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rekinthis
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March 02, 2016, 07:18:50 AM
 #165

yeah it would be borring for buyers/sellers, no price rises/drops, but think about positive things, people would start to use it as curency because it would have no chances to die
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March 02, 2016, 09:28:08 AM
 #166

yeah it would be borring for buyers/sellers, no price rises/drops, but think about positive things, people would start to use it as curency because it would have no chances to die

As said only few users get involved with much attention and the other try to come out and try to go for some other technology which develops same as our bitcoin.

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March 02, 2016, 03:31:19 PM
 #167

It will never gone right. Bitcoin will go up, i believe it. Since trading is very in a loss these days, so we should can wait a little for this. Bitcoin will never sat at price of $310-$340 more. It will go up.  Smiley

I think the price will never go below $350 again. We just need to be patient. The price will be higher later this year.

You are right. Since a little change is seeing in price and trading. The chances of price going up is seems to be increasing day by day.  Smiley
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March 02, 2016, 04:38:46 PM
 #168

Stability is not a bad thing,the more stable bitcoin is the more likely it is to become mainstream
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March 03, 2016, 09:59:42 AM
 #169

Anything is possible in bitcoins, and if it go that low, then we need to wait till it rise again, as we don't see any other option available, only patience would be the key to success.
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March 03, 2016, 04:24:22 PM
 #170

yeah it would be borring for buyers/sellers, no price rises/drops, but think about positive things, people would start to use it as curency because it would have no chances to die

As said only few users get involved with much attention and the other try to come out and try to go for some other technology which develops same as our bitcoin.
That will not happen. I think that it will rise later in the future. And the halving is also coming, so that is very good.
Bitcoin will always change from value and that is hard to predict for what is going to happen with the value.

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March 03, 2016, 05:05:42 PM
 #171

Stability is not a bad thing,the more stable bitcoin is the more likely it is to become mainstream

Plenty of people would love to see the price reaches a point of stock-like stability. The negative thing of that is that a lot wealthy traders are stepping in the Bitcoin market because of how volatile the price is. Will they still keep their money in Bitcoin if the price doesn't bounce up and down heavily? I really don't know. Money is what these traders are looking for. But then again, if the price is very stable it will most likely attract wealthy people who are looking to use Bitcoin as store of value.

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March 03, 2016, 05:18:55 PM
 #172

If we are to be with a price $310-$340, everyone will be waiting for a increase in price. Users know the value won't be stable over a range for a long time. By situation if it happens the bitcoin loses the reality and nature of its origin. We can understand someone has taken a control over it.

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March 03, 2016, 10:00:41 PM
 #173

If we are to be with a price $310-$340, everyone will be waiting for a increase in price. Users know the value won't be stable over a range for a long time. By situation if it happens the bitcoin loses the reality and nature of its origin. We can understand someone has taken a control over it.

I am in bitcoin for quite some time now and i haven't seen the price stable for more then 3 months. So no i don't expect this to happen.
At most the price could stay around the same for a period of 1 month.
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March 04, 2016, 11:03:20 AM
 #174

If we are to be with a price $310-$340, everyone will be waiting for a increase in price. Users know the value won't be stable over a range for a long time. By situation if it happens the bitcoin loses the reality and nature of its origin. We can understand someone has taken a control over it.

I am in bitcoin for quite some time now and i haven't seen the price stable for more then 3 months. So no i don't expect this to happen.
At most the price could stay around the same for a period of 1 month.

Started following bitcoin a year or so ago. In that time there was never a period where there was something called stability.
In that regard it is safe to say the price can go up and down but not settle for a longer period of time.
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March 04, 2016, 12:04:55 PM
 #175

Stability would be good for bitcoin, But i rather have stability somewhere in the 400 USD value then below that.
400 dollers give me enough movitivation to hold and spend my bitcoins.

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March 04, 2016, 02:10:35 PM
 #176

Stability would be good for bitcoin, But i rather have stability somewhere in the 400 USD value then below that.
400 dollers give me enough movitivation to hold and spend my bitcoins.
yes, you're right, for the moment we do not have to worry about the price will drop to $ 310- $ 340, because the current price is stable at the price of $ 400, so if this year saw a statistic that the price of bitcoin rose steadily, we do not need to worry about the price bitcoin for the next 2 years


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Koamder
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March 05, 2016, 08:18:19 PM
 #177

Stability would be good for bitcoin, But i rather have stability somewhere in the 400 USD value then below that.
400 dollers give me enough movitivation to hold and spend my bitcoins.
yes, you're right, for the moment we do not have to worry about the price will drop to $ 310- $ 340, because the current price is stable at the price of $ 400, so if this year saw a statistic that the price of bitcoin rose steadily, we do not need to worry about the price bitcoin for the next 2 years

I do not want the price to rise too quickly and then drops a lot. If the price is stable, many people will use it and the price will rise.
uki
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March 06, 2016, 05:44:26 PM
 #178

I do not want the price to rise too quickly and then drops a lot. If the price is stable, many people will use it and the price will rise.
Unfortunately, I don't have good news. As long as speculation is the main driving force behind the price rise, the action will look like pump and dumps all the time. Only if the adoption progresses and the coin becomes main stream we can expect a stable rising trend.

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breakers11
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March 06, 2016, 06:26:34 PM
 #179

Anything is possible in bitcoins, and if it go that low, then we need to wait till it rise again, as we don't see any other option available, only patience would be the key to success.

Also when price go low, we can buy it and when price go up, we should sell it. But price should be negotiable !  Smiley
richardsNY
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March 06, 2016, 08:06:47 PM
 #180

Anything is possible in bitcoins, and if it go that low, then we need to wait till it rise again, as we don't see any other option available, only patience would be the key to success.

Also when price go low, we can buy it and when price go up, we should sell it. But price should be negotiable !  Smiley

Nowadays a lot people are accumulating coins to prepare themself for the pre block halving pump. Those who sell now will surely regret that they have sold at todays prices. It doesn't cost much effort to hold untill the block halving if you have the patience. I am quite sure that you will be rewarded with good profits if you manage to hold till then. The people who sell now will most likely end up buying back at higher prices.

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