Bitcoin. Long or short?

[Bobsurplus]

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

[pitham1]

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

It would require a 50-60% hike in 20 days. I hope that it doesn't happen because these kind of surges are invariably followed by drastic falls and disillusionment of a large section of the population.

[propcorn]

bitcoin is on bull side right now, I expect price to rise

[HateEU]

Lol i think that bicoin is great atm and it will be more and more great and it will not fail because big price why it should when bitcoin is more and more expensive price of product will be lower and lower so it is same for us.

[Amadues]

Of course ... LONG! This seems a good period for take some btc and price is very good actually.
I think a little pump could affect during Xmas holidays, but price seems to be even stable.
Probably we are going to see a good 2017 for all of us!

[cakravothy]

in end year 2016 and early month 2017 short
bitcoin price can down in christmast and new year
much people can selling bitcoin to get cash money in  christmast and new year holyday

[~Bitcoin~]

I am always long on bitcoin, people used to say its good to buy all bitcoin under $700 few months ago and now any price under $800 is good. Next year it will be anything under $1000 will be good price to enter and obviously price will keep hitting new ATH frequently in coming years. So better to hold and buy more that you can afford to buy. 

[BlackPanda]

in end year 2016 and early month 2017 short
bitcoin price can down in christmast and new year
much people can selling bitcoin to get cash money in  christmast and new year holyday

so true . all possibilities can occur. bitcoin sometimes make us confused. but this is the way most people to make a profit.
they buy at a cheap price and then sell at high prices. bitcoin really fantastic.

[xavier77]

Bitcoins are online crypto-currencies and are not subjected to dissolving. Fiats and gold and other precious items are subjected to price hikes abd might be priceless one day. However, bitcoins are a fixed amount and so their price will always lie in a certain range. In India after demonetization people are buying bitcoins and this is happening in the rest of the world too. 

[piloder]

Bitcoin have limited supply and there are lots of new merchants, stores started to take bitcoin payments these days which gonna increase the demand for bitcoin so price on long term will rise for sure. Yes i am buying bitcoin and holding them tightly, i don't worry about dumping it in small price correction.

[BitHodler]

Bitcoin have limited supply and there are lots of new merchants, stores started to take bitcoin payments these days which gonna increase the demand for bitcoin so price on long term will rise for sure. Yes i am buying bitcoin and holding them tightly, i don't worry about dumping it in small price correction.

I don't think that merchant adoption will lead to a higher price in the long term. Mainly because of the fact that they are not accepting Bitcoin directly.

The greater majority of the merchants make use of payment services that convert all their Bitcoin sales to fiat which they get on their bank accounts within 2 days.

More merchants accepting Bitcoin will translate into more pressure on the price. We need more merchants holding their coins directly as that will impact the price positive manner.

However, due to the volatile nature of Bitcoin there won't be a lot merchants willing to do so. It might cost them a big part of their revenue at the time the price plummets.

[BitcoinHodler]

i have tried short but i was never that successful about it, i made small amounts but i was so stressed and also worst part of it for me was the massive amount of time it took for me to do it.

so now i am only a bitcoinhodler and i always go long
much easier and more profitable.

[Zadicar]

i have tried short but i was never that successful about it, i made small amounts but i was so stressed and also worst part of it for me was the massive amount of time it took for me to do it.

so now i am only a bitcoinhodler and i always go long
much easier and more profitable.

It would really stress you out if you are a short trader on bitcoin but some could able to manage those things and could able to make money or profits on a short period of time but it really depends on a trader on which trading style that really suits for him. Same as yours i do experience such thing thats why i decided to go for long.

[Denker]

I'm long!
It might drop during the bull run I believe we will continue over the next year.
The chance of a new ATH is very likely imo.It may not happen as quick as some expect, speaking Q1 or Q2, but we will see it happening.
So yes I'm bullish for the next year.

[DonQuijote]

Now im long, but i change when btc price says "i'm downing"

[alyssa85]

Am neither long nor short. Am in fiat the the moment.

The Federal Reserve meets on the 13th - 14th and is likely to raise interest rates. Usually this means the dollar strengthens and everything else weakens. But with bitcoin we might see people from the weakening currencies (China etc) pile into bitcoin to preserve the value of their money.

It is just too hard to tell what will happen, so am sitting it out.

[Wind_FURY]

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

 

What does "deserve" have to do with it? Bitcoin's growth has more to do with its growth of being used. Bitcoin's niche markets are those that are not served by the banks. That means the dark markets, the criminal underground, the hackers and all the others that want to circumvent regulation. This is ignored and despised by most in the community but do not underestimate the value it brings to Bitcoin.

[Bobsurplus]

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

It would require a 50-60% hike in 20 days. I hope that it doesn't happen because these kind of surges are invariably followed by drastic falls and disillusionment of a large section of the population.

Anything is possible, its just not likely.

[Bobsurplus]

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

 

What does "deserve" have to do with it? Bitcoin's growth has more to do with its growth of being used. Bitcoin's niche markets are those that are not served by the banks. That means the dark markets, the criminal underground, the hackers and all the others that want to circumvent regulation. This is ignored and despised by most in the community but do not underestimate the value it brings to Bitcoin.

Deserve has a lot to do with it. After so many years btc deserves its spotlight shot and this may be it. And please dont forget about all the legit uses of btc, you sound like a fudder from 2013. The billions of unbanked would be a good place to start.