Bitcoin. Long or short?

[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.

 

[zoose]

I'm long on BTC. In 5 years it won't be purchasable in full amounts for most people.

[Bobsurplus]

I'm long on BTC. In 5 years it won't be purchasable in full amounts for most people.

I think the same, 16 million btc already out and most of them in very strong hand and only 5 million new btc coming and that runs into 2140.

Im thinking in 5 years they'll be 6 digits or more. It may be high hopes but at this rate anything is possible.

Except sure cheap btc. Those days are over.

[unknown04]

Long. Next year could be the last year to purchase bitcoin at under $1k.

[.crypto]

Just spend a small amount of Fiat, buy some BTC and go LONG! This is the time where the coins are "cheap" and anyone can buy it. I'm convinced that in the near future this will not be the case any more.

[mundang]

It will be a long long rally on the way up till next year 2017 and Bitcoin will never go back below 600 again. Think of whats happening this month,bitcoin is playing around 740-770..if its go down 650 will be the new.bottom but when it goes up 1000$ van achieve.

[Bobsurplus]

It will be a long long rally on the way up till next year 2017 and Bitcoin will never go back below 600 again. Think of whats happening this month,bitcoin is playing around 740-770..if its go down 650 will be the new.bottom but when it goes up 1000$ van achieve.

That's what I think too. After a 2 year down trend + accumulation phase the pump has to last longer then the current uptrend has so far. I figure its gonnna get pumped till end 2017, then it can start its next down trend.

As long as it hits 5k first.

LOL.

[rikky05]

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.

 

Obviously anyone getting short at this point deserves to lose money, it's like waiting months and months for something to come and when it finally comes, you chikens out and sells at 20% gain. lol

[BTCLovingDude]

I'm long on BTC. In 5 years it won't be purchasable in full amounts for most people.

well said.
right now miners are earning approximately 1800BTC per day which is the amount they sell this was 3600BTC and will continue going down and each time this massive sell pressure is removed price will go up (it has already happened twice and price has gone up twice) and there are so many strong hands accumulating these coins because they very well know what is happening.

* best thing is long

[BitcoinBarrel]

I'm thinking this next Bubble gonna blow peoples minds

[Spandam]

I'm thinking this next Bubble gonna blow peoples minds

I'm with you on this one, I can't even fathom the number but it is going to be big and make the previous ATH look like a ittle crab in ya pants.

[coolcoinz]

Long. Next year could be the last year to purchase bitcoin at under $1k.

Very probable if what is happening in India now continues. Chinese markets are also looking promising.
That said I choose long, although it's possible to win on shorts. I highly doubt the price will keep growing for months and there will be a correction before we break $1000.

[Zadicar]

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.

 

Obviously anyone getting short at this point deserves to lose money, it's like waiting months and months for something to come and when it finally comes, you chikens out and sells at 20% gain. lol

For active traders they will definitely short but for some investors and bitcoins users they will eventually go for long. In my case i will short on this price since im an active trader and i do enjoy profits when bitcoin moves it price but still there are some portions that i lend for long positions.

[raven7886]

I too prefer going for long with the respect to current trend of bitcoin price level. Yes, we are probably moving towards any time new high price levels for bitcoins which may lead to even $1500 price levels to in upcoming months.

Some fluctuations will be possible by this time but that will not sustain, uptrend seems inevitable.

[bitbunnny]

I vote for long. If price continues to rise Bitcoin will probably not be so widely avilable to large audience so it could become kind of elite cryptocurrency. I don't know how will that end if we come to very high price like 2000$ or so but the profit and the chances are stil best long term.

[iqlimasyadiqa]

I vote for long. If price continues to rise Bitcoin will probably not be so widely avilable to large audience so it could become kind of elite cryptocurrency. I don't know how will that end if we come to very high price like 2000$ or so but the profit and the chances are stil best long term.

I also agree with you. the longer term it would be better to get an advantage. but the only problem is that we must have patience pretty good. because if we do not wait then we could lose all that we have. one of the reasons why many people have a short time in investing.

[maku]

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.

[Huge Black Woman]

Yeh I'm long, but that only cause I don't know exactly how to go short.  I don't trust them exchanges.  Bitcoin prolly is gonna hit $1000 anyway, the way it's goin'.  Then I'd get caught out with a short position I don't want.  Be jist my luck.

Anyone here really shortin' bitcoin?

[Bobsurplus]

I'm thinking this next Bubble gonna blow peoples minds

How high you thinking?

[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.

 

Obviously anyone getting short at this point deserves to lose money, it's like waiting months and months for something to come and when it finally comes, you chikens out and sells at 20% gain. lol

For active traders they will definitely short but for some investors and bitcoins users they will eventually go for long. In my case i will short on this price since im an active trader and i do enjoy profits when bitcoin moves it price but still there are some portions that i lend for long positions.

Good luck. Shorting this is a dangerous game!