Game over for now

[duke944]

Good timing on this post OP  

It went up 10% only to correct back 5% BFD, although its the most exciting move in weeks. The times of multiple gains are over for a very long time, and frankly won't happen without a big crash/bear market first.

[Silberman]

i miss the old bitcoin days where I could make $500 a day

We all miss the old days, but like anything in life good things do not last very long, now we need to adapt to this new circumstances, if you want to earn a lot of money then the only thing you need to do to get a lot of earnings is to learn how to trade, it is not easy, but for those that are willing to take the risk the profits are really good, especially since you do not need to take any kind of wild risk you can begin with an amount as low as 0.01BTC.

[alyssa85]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Agreed. And until most of the trading takes place on regulated exchanges like Gemini, the big institutional money won't come into bitcoin (though some speculative hedge funds might take a punt).

Too much attention has been placed on the developer wars and not enough on user adoption (as in actually using bitcoin).

[ultrloa]

i miss the old bitcoin days where I could make $500 a day

We all miss the old days, but like anything in life good things do not last very long, now we need to adapt to this new circumstances, if you want to earn a lot of money then the only thing you need to do to get a lot of earnings is to learn how to trade, it is not easy, but for those that are willing to take the risk the profits are really good, especially since you do not need to take any kind of wild risk you can begin with an amount as low as 0.01BTC.

0.01 is one of the decent amount for start up in tradings since we can learn for many flaws from it whatever the result may come up at the end of the day, and even though  we miss those gold days with bitcoins we can still earn more since every satoshi counts for now since it has value unlike before that price are totally low.

[romani245]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

I sure hope this isn't the consensus around here. More moon talk, please. I'm really not sure where the price will go in the next few months, but I'm praying for a correction to buy into...

Sentiment seems mostly bullish, but with all this positive media press, the LedgerX news and the market uncertainty around Segwit activation gone, I think we're still headed to the moon.

[moviebuff777]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

If that's true, then maybe we should shift to altcoins. I'm buying altcoins that are cheaper but also well known because there could be a good upside. There may be more potential for altcoins to gain value if they are really inexpensive.

[lumeire]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

I sure hope this isn't the consensus around here. More moon talk, please. I'm really not sure where the price will go in the next few months, but I'm praying for a correction to buy into...

Sentiment seems mostly bullish, but with all this positive media press, the LedgerX news and the market uncertainty around Segwit activation gone, I think we're still headed to the moon.

Overstatement IMO. Besides, 3k is already the 'moon' level if you've started from the bottom.

[fabiorem]

The ideal price is one satoshi for one dollar.

[n0ne]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

If that's true, then maybe we should shift to altcoins. I'm buying altcoins that are cheaper but also well known because there could be a good upside. There may be more potential for altcoins to gain value if they are really inexpensive.

Everywhere the common rule applies, because with bitcoin the demand to availability leads to increase in price. With altcoins too the same is the rule, but the platform were it gets used varies. In my opinion the hard earning group consider it an game over scenario and starts selling which is made use by the whales who have been into focus of buying low and profit.

[jc89]

Just when btc value is rising you suddenly said that it is game over. Some people just started investing I don't see why you will stop. Just because you cannot longer double your money in btc for a shorter time just like the old days doesn't mean it is not a good profit. Whether big or small as long as you gained you should be thankful enough for bitcoin. Anyway, if you really want to sell all your btc you may do so, that's for you to decide. There are people out there who are most willing to buy anyway.

[dalek]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

If that's true, then maybe we should shift to altcoins. I'm buying altcoins that are cheaper but also well known because there could be a good upside. There may be more potential for altcoins to gain value if they are really inexpensive.

Buying altcoin at now still depending the bubble growth cryptocurrency in this year is final time or just beginning.
So, in my opinion trading cryptocurrency at now as gambling.

[Asrael999]

The ideal price is one satoshi for one dollar.

I'll settle for 1 satoshi for 1 cent

[marcuslong]

there are lots of alternative coins from coins market which is don't rely on one coins because lots of coins has potential to grow more than your expectation i also believe that in gambling is the easiest way to earn money but avoid omaying too much because you could lose everything there i suggest you to learn traidng and then earn.

[withche.07]

I still don't think that game is over. Yeah bitcoin's old days where people could speculate daily for profits is now ending, but there are huge altcoin markets right now. Its filling the spot.

[hacknoid]

Long term (since 2011), the price has had some large swings but overall maintained a roughly 0.24% per day increase (roughly 2% per week).  Fluctuations now are less than in past years, meaning less dramatic increases - and less dramatic downturns as well.

Graph up to mid-July, 2017:



If, on average, 2% per week increase isn't enough for you, then try the alts, but for now the trend indicates no signs of changing. 

Again, the long term strategy of HODL remains valid.

[orarider]

If you want to gamble and make maybe 3x on the gamble, try buying small amounts of Bitcoin Cash slowly to control your risk as the price is going down and then buy fast on the rise to help the pump further. I believe another pump is on the way in a few days.

I laughed at the idea that you were asking for bitcoin cash =)) It is ridiculous, you are giving advice that the free cash bitcoin will increase in price. Possible bitcoin cash will receive the money from the lord. So silly! It's just a free money, you should not invest in it.

[Natulat]

Just when btc value is rising you suddenly said that it is game over. Some people just started investing I don't see why you will stop. Just because you cannot longer double your money in btc for a shorter time just like the old days doesn't mean it is not a good profit. Whether big or small as long as you gained you should be thankful enough for bitcoin. Anyway, if you really want to sell all your btc you may do so, that's for you to decide. There are people out there who are most willing to buy anyway.

I think when the Segwit is implemented, the price will rise further. But I hope it will not follow the LTC whose price did not increase after the Segwit.

[tobs]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

One would buy some bitcoins at 3000 few days ago and sell it now for 3500 and it's a 16% growth of one's investment in a matter of days. I don't feel like there are no any decent gains any more. People have become to picky I guess, having an asset that can grow 20% in a few days, while there are some people that hold their stocks and saving accounts and are the happiest people getting 5% more of their investment in a year. What you traders have become that you consider this kind of returns insignificant enough and complain about not being able to double your money in an hour.

[Febo]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

I am sorry, but looking at the adoption compared to lots if not most altcoins Bitcoin price looks cheap to me. Not just cheap but supper cheap.
ETH is half of Bitcoin. Come on.
Ripple is 1/8th   This people choosing Ripple over Bitcoin must be joking.
....
..
.

[Basmic]

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

One would buy some bitcoins at 3000 few days ago and sell it now for 3500 and it's a 16% growth of one's investment in a matter of days. I don't feel like there are no any decent gains any more. People have become to picky I guess, having an asset that can grow 20% in a few days, while there are some people that hold their stocks and saving accounts and are the happiest people getting 5% more of their investment in a year. What you traders have become that you consider this kind of returns insignificant enough and complain about not being able to double your money in an hour.

If you act as you suggest then your profit will be only 16% because after you sell your bitcoins for $ 3,500 you will be able to buy them for only $ 3700. Now we are not seeing falling prices. There is growth and then stabilization. It's a bad time to trade.