Saint-loup
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September 02, 2019, 06:19:16 PM Last edit: September 02, 2019, 06:34:12 PM by Saint-loup |
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is it safe to invest in btc now?
Yes I think it's currently pretty safe. The mining profitability is still low and the hashrate doesn't stop to rise, so I think miners won't be able to sell their btc at those prices very long In brief, I think bitcoin is a little bit undervalued in relation to its real cost at the moment. https://bitinfocharts.com/comparison/hashrate-mining_profitability-btc.html#3m
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Hueristic
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Doomed to see the future and unable to prevent it
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September 02, 2019, 06:22:51 PM |
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...... or that I should do a podcast. Hahahahaha. Regarding the podcast...<blah blah blah>
Jay, with all due respect, if you ever did a podcast, please post the link in here...I have trouble sleeping.... I use this channel for that. https://www.youtube.com/watch?v=3vQwGGbW1AE
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DeathAngel
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#1 VIP Crypto Casino
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September 02, 2019, 06:27:24 PM |
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$10,167
Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?
Probably not!
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mindrust
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September 02, 2019, 06:29:34 PM |
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$10,167
Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?
Probably not!
If we manage to break $11200 and stay there for a while, I'd say yes. Anon's 3rd prophecy is about to become true. Anon 2020!
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JimboToronto
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You're never too old to think young.
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September 02, 2019, 06:31:56 PM |
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This must be an older graphic, the user base has definitely grown hasn't it? 2013 to be exact. Indeed a lot has changed. The age range has expanded considerably and there are many more women involved now, at least where I live. Also the income profile has probably expanded as the Bitcoin community has grown. 6 years ago we were mostly well-educated geeks with comfortable tech jobs, businesses, or retirement/investment earnings. Now there are more students, laborers, pensioners, and others with smaller incomes involved. I'd also guess that "Americans" (North, Central, and South) no longer are in the majority.
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fillippone
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Fully fledged Merit Cycler - Golden Feather 22-23
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September 02, 2019, 06:34:57 PM |
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Very easy answer. A lot of inverstors simply cannot buy bitcoins, to many difficulties. Technological (how to store them?) Legal/Fiscal (how to pay taxes on them?) Compliance (am I allowed to buy bitcoin? Is it within my management mandate?) Regulatory pressure NOT to be involved in crypto’s Reputational risk Etc Etc This is why an integrated product like the one Bakkt wants to launch is so important from an institutional money adoption perspective.
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jojo69
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diamond-handed zealot
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September 02, 2019, 07:00:31 PM |
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Indymoney
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September 02, 2019, 07:09:00 PM |
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Very easy answer. A lot of inverstors simply cannot buy bitcoins, to many difficulties. Technological (how to store them?) Legal/Fiscal (how to pay taxes on them?) Compliance (am I allowed to buy bitcoin? Is it within my management mandate?) Regulatory pressure NOT to be involved in crypto’s Reputational risk Etc Etc This is why an integrated product like the one Bakkt wants to launch is so important from an institutional money adoption perspective. Your many points are valid as I know many peoples they want to buy but have many problems you already mention and they cannot manage them to solve so they are going away from bitcoin.
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mindrust
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September 02, 2019, 07:15:37 PM Merited by LFC_Bitcoin (2) |
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In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.
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SuperTA
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September 02, 2019, 07:17:10 PM |
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Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange.
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LFC_Bitcoin
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September 02, 2019, 07:21:08 PM |
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In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.
Me too, we’re a very similar age.
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El duderino_
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BTC + Crossfit, living life.
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September 02, 2019, 07:30:00 PM |
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In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.
Me too, we’re a very similar age. Then we three are 
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makrospex
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nothing to see here
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September 02, 2019, 07:33:13 PM |
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$10,167
Above $10,000 again but for how long this time, can we say goodbye to 4 digits forever?
Probably not!
Too early, imo. Might rise, might fall. Resistance around $10,200 needs a lil push to break, we'll see what happens after that (if it happens). Is serious TA before close of daily even possible?
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jojo69
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diamond-handed zealot
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September 02, 2019, 07:33:24 PM |
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Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange. Are you seriously proposing that we reopen negotiation on the Vegas accords of 2015? Do you have any idea what a can of worms that would be?
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LFC_Bitcoin
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In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.
Me too, we’re a very similar age. Then we three are  
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makrospex
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nothing to see here
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In 2013 I was in the lower side of 25-34. Now I am in the upper side. Leaving in a year or two. Feels old man.
Think young, feel young. It's that simple. I never "thought" in terms of age about my life. ("When i'm * yrs old, i'll ....") In fact, i always needed to think about how old i am, if i was asked out of nowhere.
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LFC_Bitcoin
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September 02, 2019, 07:44:17 PM |
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BTC price prediction September - Touch 14k October - Touch 24k-28k November - Touch 36k-40k https://twitter.com/kyagandu/status/1168579983725318144?s=21I could live with that....... But what do you think for predictions  Fucking hell mic, you know I’m bullish AF long term but I dunno if those prices are a bit unlikely so soon. I hope you’re right though, if you are I pay for you to do hospitality at Anfield for a game 
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mindrust
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September 02, 2019, 07:56:51 PM |
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Don't mind him. It is a joke between the old timer WO'ers.
Relaying a message from the wall: $10200 is on sight!
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free-bit.co.in
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September 02, 2019, 08:11:58 PM |
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If I think about the current price of Bitcoin now and BTC price in about 5 years, this current $10k is cheap as hell! I'm stashing as much I can! See yaa in 2024, if anyone of you survive HODLING till then! hehe Price of Bitcoin in 2024 atleast $350k? 
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