Holy crap heading past $1,000 !!!

[Lintel]

We are gonna be richhhh!!!  

You'll surely going to be rich if you had so many amount of bitcoin and you bought it at $500 price value and you are going sell it at $1000 . but i know that some people won't be satisfied for that, maybe they'd say that if you had a lot of btc 800+ for example and the price goes higher than $1000 then you're already rich .

I bought some in the middle of last year. But I will hold for the next few years. I might be very rich then.

[ibrahim11]

This is two things. Manipulators playing the market and newbies falling for the same scam all over again. Bitcoins fundamentals are still flawed. It doesn't scale and is not anonymous by any means.
Your choice if you want to be stupid and get scammed out of your money by buying into this scam.

Holding 92 btc and mining still ltc to btc after elec for an ROI of 2.1 btc profit a month. BTC will have to dump below
201.21 usd before I start to head into a loss. So holding has been 'berry berry good to me'

When did you start mining LTC and what is your current hashrate + config?

[aardvark15]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

[fudster]

 i have to move my altcoins to btc. except that ICN  

[Przemax]

If you are not almost rich by now, you wont be rich. This getting rich quick scheme by making leverages hoping for price increase rather than its fluctuations is mostly not working. Im not saying its not working for everybody. Just saying my cents.

[olubams]

We are gonna be richhhh!!!  

I really need to ask how much you think will make one rich because for me I would need lie 10 btc to reach that milestone in which I am not even anywhere close to even if its $2000 and same thing applies to someone who has been able to gather or even own 0.1btc... But for others with sizeable amount of BTC then its really a dream come true...

[boyshx]

even with 10 coins there's no way you can be rich with that. That's barely 10.000$, I don't understand your math

[CyberKuro]

We are gonna be richhhh!!!  

Even if you had 500 coins, you wouldn't be all that "rich" at $1000/btc


3000-5000+ btc then yeah, I guess you are "rich"

Indeed, we need $3000-5000 and 500 coins to become a rich man.
Moreover if someone just have less than 100 coins, obviously not rich to sell at $1000.
So, working to earn bitcoin as much as you can and saving it for your future.
I like to suggest do not sell any coin that you have unless there is no any option when you desperate for money.

[Searing]

This is two things. Manipulators playing the market and newbies falling for the same scam all over again. Bitcoins fundamentals are still flawed. It doesn't scale and is not anonymous by any means.
Your choice if you want to be stupid and get scammed out of your money by buying into this scam.

Holding 92 btc and mining still ltc to btc after elec for an ROI of 2.1 btc profit a month. BTC will have to dump below
201.21 usd before I start to head into a loss. So holding has been 'berry berry good to me'

When did you start mining LTC and what is your current hashrate + config?

2014 nov 8th

Orig KNC Titan at $10,131.80 with shipping.

2nd KNC Titan used during march 2014 panic when 6 or 7 other scrypt miners
Supposed to come out at 2.6btc or 569 usd I think it was works yet full out.
Also KNC stopped production at this time. Thus till A4 only big miner game in town.
Panic only lasted 2 weeks to a month everyone thought no ROI with equip glut by July 2015
thus the panic. Dumb luck.

Found this last July 2016 a new unused corp default sale of 2 titan miners (orig) on ebay of buy it now 3.5k
split with a buddy my share was 1825 usd

Also tripped over with same buddy via an email to an old tech at knc proper that went thru to the bankruptcy lawyer
and fell into their first auction and prob over bid and won first round lot. He got 18. I got 6 knc 5 cube titans at 1900 each with shipping
we won that round of bids ...lost in a group buy to all others. imho knc insiders bid us into the dirt.

Anyway they sucked built by temps (no real knc employees for 2 years) and shipping damage so should have
got 400mh each ..really got like 342mh each . ROI'd on them recently. Paid off the 11.4K home loan to get
them on a bet BTC would go up. Got that right.

So I mine at 3150 mh (was 3200 plus but cube died and lightfoot can't fix it yet) at 10c kwh I currently get
with last ltc difficulty ..just looked 2034 profit a month.

But as you can see above it was all due to dumb luck. But hey ride the pony while I can

later

[richardsNY]

We are gonna be richhhh!!!  

Even if you had 500 coins, you wouldn't be all that "rich" at $1000/btc


3000-5000+ btc then yeah, I guess you are "rich"

Indeed, we need $3000-5000 and 500 coins to become a rich man.
Moreover if someone just have less than 100 coins, obviously not rich to sell at $1000.
So, working to earn bitcoin as much as you can and saving it for your future.
I like to suggest do not sell any coin that you have unless there is no any option when you desperate for money.

Getting rich isn't possible for the majority of the people here. People that keep creating threads and posts that we all will be rich when the price is reaching $1000, don't have much coins themselves. How on earth will it then be possible to get rich? Back when the price was around $500-$600 people were already struggling to collect even 1 BTC, imagine how that will be when the price is $5000 per coin. From my point of view, getting rich is when you make at least $1 million.

[NemJoker]

We are gonna be richhhh!!!  

Even if you had 500 coins, you wouldn't be all that "rich" at $1000/btc


3000-5000+ btc then yeah, I guess you are "rich"

Indeed, we need $3000-5000 and 500 coins to become a rich man.
Moreover if someone just have less than 100 coins, obviously not rich to sell at $1000.
So, working to earn bitcoin as much as you can and saving it for your future.
I like to suggest do not sell any coin that you have unless there is no any option when you desperate for money.

Getting rich isn't possible for the majority of the people here. People that keep creating threads and posts that we all will be rich when the price is reaching $1000, don't have much coins themselves. How on earth will it then be possible to get rich? Back when the price was around $500-$600 people were already struggling to collect even 1 BTC, imagine how that will be when the price is $5000 per coin. From my point of view, getting rich is when you make at least $1 million.

You know people work hard and earn money. buying 100 btc at 500 each is not that hard.

[carlisle1]

We are gonna be richhhh!!!  

You'll surely going to be rich if you had so many amount of bitcoin and you bought it at $500 price value and you are going sell it at $1000 . but i know that some people won't be satisfied for that, maybe they'd say that if you had a lot of btc 800+ for example and the price goes higher than $1000 then you're already rich .

I bought some in the middle of last year. But I will hold for the next few years. I might be very rich then.

well for sure if the price gets more higher you'll gonna be rich bro . why not buy more bitcoin and hold it along with the amount you've already bought several months ago ? it could be risky but at least you have bitcoin kept to your wallet .

[fortress]

For those who were predicting a value above USD 850, a few months ago, they were not wrong. At the time, it was possible to realize that Bitcoin was about to rise to much higher values, since the effect of halving was taking effect, and continues to take effect so far. In addition, there is growing demand in the market, because there are people who saw in Bitcoin a useful way to transfer and store value.

[mixan]

I thought it has reach this point already. And I just missed it.

The amount of the price increase in the last week has been unseen like anything before. Even when it reached it's all time high of $1200 such a very long time ago it seems.

[Slow death]

For those who were predicting a value above USD 850, a few months ago, they were not wrong. At the time, it was possible to realize that Bitcoin was about to rise to much higher values, since the effect of halving was taking effect, and continues to take effect so far. In addition, there is growing demand in the market, because there are people who saw in Bitcoin a useful way to transfer and store value.

Well, I particularly thought the price of bitcoin would not exceed $750, but here it's $973 and it's still going up, there are a lot of people who believe that by December 31, bitcoin's price will reach $1000.

Yesterday I read a news that said that the travel agency Destinia, took the decision to accept payments only in Bitcoin. They made that decision because the Venezuelan economy has steadily declined. Because the Venezuelan bolivar has a strict control.

News such as these may have some impact on bitcoin's price.

[richardsNY]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

[NemJoker]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

To late? Dont be foolish.

Its just the beginning. Buying now is like buying back at $250 years ago.

A smart investment.

[af_newbie]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

If history is any indication, we are probably seeing a breakout to $5000+...comeback to $1500, rinse and repeat....

[maku]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

No, no, no. It is real growth not some coordinated pump like that bot driven race from 2013. I bet that this time price will say over $900 for longer time, maybe even it will be new stable "low" price?
There is no negative news, no bad signs, technical indicators of market are strong, pump is not over. If you have a friend who doesn't own BTC, tell him now - soon we might see $1200.

[BrewMaster]

It's pretty amazing that the price is this high. It seems like it must be a short term pump, but you never know.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

No, no, no. It is real growth not some coordinated pump like that bot driven race from 2013. I bet that this time price will say over $900 for longer time, maybe even it will be new stable "low" price?
There is no negative news, no bad signs, technical indicators of market are strong, pump is not over. If you have a friend who doesn't own BTC, tell him now - soon we might see $1200.

it is mostly real growth but not all of it.
the real growth would have been the rise to $800+ not the $900 range. this rise is a composite of real rise because of many good news that came out recently and also it is some small pump.