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Author Topic: What if we sit at $310-$340 for 2 more years?  (Read 15329 times)
LMGTFY
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March 26, 2016, 11:01:06 AM
 #201

The price will be around $410 to $430 for 2 more months. If the price stay there for 2 more years, then I will also quit.

Why? What makes you believe that?

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March 26, 2016, 11:33:46 AM
 #202

That is not possible that it can happen. The currency is always changing from value and that is good.
You will never know what the value will be in the future. But we all think that it will be more worth later in the future.

I think we will never see $310 to $340. That will be the history. In a year's time, we will not see the $400 again.

Never say never when it comes to Bitcoin. A lot people were not expecting the price to go below $200 ever again, bit it still happened early 2015. It was shocking, but we recovered nicely from that as we are above $400 now.

At that time, the cost of the mining the bitcoin was just $50. So the miners would dump their coins like no tomorrow.
if thats the case i will quit on bitcoin for sure and i will find some jobs or other ways to earn much better than bitcoin.
but if the price go up ,up to 1000$ then i will stick on collecting bitcoin,

you're telling me that right now you can not find somethign that can make you earn more than bitcoin? you must be joking

if you can live by going full bitcoin, then the price would not matter, because if it will be less you will be able to accumulate more bitcoin, if it will be higher you will accumulate less

the only exception can be on altcoin, in fact the overall profit there, remained the same in all those years
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March 30, 2016, 02:31:32 PM
 #203

why should buying and holding bitcoin be a quick way to get rich, anwyway ?

if we want bitcoin to become a widely adopted currency, than we should be happy with the current price stability.

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March 30, 2016, 03:28:30 PM
 #204

why should buying and holding bitcoin be a quick way to get rich, anwyway ?

if we want bitcoin to become a widely adopted currency, than we should be happy with the current price stability.

bitcoin isn't a get rich quick tool anymore. right now if you want to make a decent profit you have to hold your coins for a longer period of time. i am a long term bitcoin holder and find the current stability very nice. it also allows me to buy the same amount of bitcoins with the same amount of fiat. usually due to the volatility the amounts you would get for your fiat were changing constantly. previous month i could buy 1 bitcoin for around $420 and today i can buy 1 bitcoin for around $415 which is fantastic.
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March 30, 2016, 03:54:14 PM
 #205

why should buying and holding bitcoin be a quick way to get rich, anwyway ?

if we want bitcoin to become a widely adopted currency, than we should be happy with the current price stability.

that is true but this current price stability is not going to last long. and soon enough it will change either way (my money is on moving up though)














 

 

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March 31, 2016, 06:15:57 AM
 #206

Yeah bitcoin won't go low to $310 - $340. As the price of bitcoin is stable around $415 for a long time we can expect the price to increase further than going down.


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March 31, 2016, 07:10:46 AM
 #207

Yeah bitcoin won't go low to $310 - $340. As the price of bitcoin is stable around $415 for a long time we can expect the price to increase further than going down.


Yeah bitcoin wont really be coming back to that price bitcoin will keep its price high and soon it will have a new stable price.
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March 31, 2016, 08:39:45 AM
 #208

Yeah bitcoin won't go low to $310 - $340. As the price of bitcoin is stable around $415 for a long time we can expect the price to increase further than going down.


Yeah bitcoin wont really be coming back to that price bitcoin will keep its price high and soon it will have a new stable price.


With the coming halving the price of bitcoin will really not go back to that price,everyone expect it to be high after the halving.

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March 31, 2016, 01:00:35 PM
 #209

Yeah bitcoin won't go low to $310 - $340. As the price of bitcoin is stable around $415 for a long time we can expect the price to increase further than going down.

There is still a chance to drop that low, but that chance is very small as of this time, and most probably as we are expecting halving, the price won't go that low for a little longer...right now, the price is really going up, and that is what people are expecting...I hope bitcoin won't fail us

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March 31, 2016, 01:29:57 PM
 #210

of course it would be better to have a price raise, but I do not think staying at the same price is too bad either. You can still trade, earn, and buy with bitcoin without it having to be very high in price.

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April 01, 2016, 07:45:32 AM
 #211

Yeah bitcoin won't go low to $310 - $340. As the price of bitcoin is stable around $415 for a long time we can expect the price to increase further than going down.

There is still a chance to drop that low, but that chance is very small as of this time, and most probably as we are expecting halving, the price won't go that low for a little longer...right now, the price is really going up, and that is what people are expecting...I hope bitcoin won't fail us
That will not happen for this 2 years, and if that will happen that will be very bad for the people who have already some Bitcoin, so I dont think that is possible.
You can now see that value of Bitcoin is stable now so we are all thinking also that the value will rise in the future very slowly after the halving.

But Bitcoin is a currency that you never know what can happen with the value and that can be very risky.
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April 03, 2016, 10:21:28 AM
 #212

of course it would be better to have a price raise, but I do not think staying at the same price is too bad either. You can still trade, earn, and buy with bitcoin without it having to be very high in price.

If the price is stay in a small range, it is good for range trading. You can buy low and sell high and repeat.
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April 03, 2016, 10:39:11 AM
 #213

If the price will be at $310-$340 for 2 more years then i have a feeling that the transaction fee will be increased because the mining will not be as much profitable as it is now or it was before.

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April 03, 2016, 11:19:33 AM
 #214

If the price will be at $310-$340 for 2 more years then i have a feeling that the transaction fee will be increased because the mining will not be as much profitable as it is now or it was before.

the price range has changed a lot from the time when this topic was started back in end of 2015
and it seems this level ($420) is stable enough to stay and not go any lower. and also the miners are mining ever so stronger and without any complains about the fees+rewards.

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April 03, 2016, 01:42:01 PM
 #215

I should update to say $300-$500 at least until 2018.  Moonshot is gonna take a while, methinks.



Maybe halving spikes price, maybe Etherium sinks price, or maybe perfect equilibrium is reached forever at $415.

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April 03, 2016, 02:03:23 PM
 #216

If the price will be at $310-$340 for 2 more years then i have a feeling that the transaction fee will be increased because the mining will not be as much profitable as it is now or it was before.

the price range has changed a lot from the time when this topic was started back in end of 2015
and it seems this level ($420) is stable enough to stay and not go any lower. and also the miners are mining ever so stronger and without any complains about the fees+rewards.
Yeah I don't think that it will fall below $400 in this year, as halving is also coming so we can expect better price at the end of the year, the maximum low would be $400 in next two years.
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April 03, 2016, 02:05:33 PM
 #217

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now
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April 04, 2016, 04:10:46 PM
 #218

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now

Do you think US dollar or the Euro are interesting currency? Currency is to be used, not for speculation.

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April 04, 2016, 04:20:08 PM
 #219

if the price will remain stable there will be no interesting movements in it and bitcoin will be not such an interesting currency that it is right now

i think it would be a definitely bad thing to bitcoins as now a lot of investors are attracted to it because they are hoping that they will manage to make a lot of money out of small money that they put in right now

Do you think US dollar or the Euro are interesting currency? Currency is to be used, not for speculation.

Maybe you're right, but pretty much every central bank disagrees with you. There are a few fixed exchange rates - CNY was fixed until 2005, but that was the last large currency to be fixed.

I tend to think the more volatile currency pairs are most interesting, so I guess the currencies within the pairs are quite interesting in their own right.

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gtglener
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April 04, 2016, 04:43:09 PM
 #220

The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?
What if we sit at $310-$340 for 2 more years or any other digit then it will be the stability of bitcoin and the stability means that enough people have joined bitcoin and are now using it as a normal currency, so that time will be the good time for bitcoin, as everyone will have believe on it to use as a normal currency.
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