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Author Topic: Who else is fine if Bitcoin would stay at this price for the next six months?  (Read 1108 times)
dmamigo
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November 25, 2017, 08:08:49 PM
 #41

Bitcoin at this price for the next 6 months would be just fine, but it will have both advantages and disadvantages for me.
Advantages is time, within which I can accumulate more in the hope to see it grow and also it will be hassle free for frequent user for transaction if the amount is considered in USD.
Disadvantages will be the fear which might work in few investor that it might not grow more, leading to sharp or gradual fall of value.

But I think and believe that this thing is not going to happen, so just chill. Being stable in this market is not possible for now.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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melted349
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November 25, 2017, 08:49:47 PM
 #42

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Absolutely yes! If the price remains at the same level for another six months, the new investors will have a problem as they will not see any profit in the books. But it will certainly protect the capital amount. Also as per the normal stock market rules, price stabilization is not a bad thing. It is a process to make a particular stock stronger so that it can take the next leap with ease and stay there. So for me, it will be a good indication for bitcoin if it stays at the same level for another 6 months.

and for the 6 months of existing of bitcoin i can say that it can be a good thing and also we can see some improvement regarding on it so better to have and take this coin. As what we can see on how this technology getting such an improvement also so this kind of digital currency can have also some improvement to adopt more and more people and more investor can take on this such a great currency.
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November 25, 2017, 09:26:38 PM
 #43

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Absolutely yes! If the price remains at the same level for another six months, the new investors will have a problem as they will not see any profit in the books. But it will certainly protect the capital amount. Also as per the normal stock market rules, price stabilization is not a bad thing. It is a process to make a particular stock stronger so that it can take the next leap with ease and stay there. So for me, it will be a good indication for bitcoin if it stays at the same level for another 6 months.

and for the 6 months of existing of bitcoin i can say that it can be a good thing and also we can see some improvement regarding on it so better to have and take this coin. As what we can see on how this technology getting such an improvement also so this kind of digital currency can have also some improvement to adopt more and more people and more investor can take on this such a great currency.


It's fine if bitcoin stays at the price of 10,000 USD just for the next 6 years because that huge equivalent exchange value of bitcoin is already huge. If the price will dump into below 5,000 USD its gonna be fine too. But i guess that is not the usual price when 6 years have come. Speculation would be above the higher price than what i expect for at this time.
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November 25, 2017, 09:33:21 PM
 #44

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?
The technology may not have evolved as much as the price of Bitcoin, but now there is more interest in blockchain technology and this are the results, more projects equals more trust resulting a growing value.
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November 25, 2017, 09:55:27 PM
 #45

I'm absolutely fine for the price to stay like this for a very long time, and in fact, far happier if it goes down to even 6k. I've been at a far lower price, psychologically... never really past $4.5k (although probably now more like $6k), as the massive correction mentality hasn't quite gone away. So anything drastic up to a 25% loss is something I can bear. Of course, this is primarily because I earn mainly BTC, but in a dollar value. And because I expect a far more valuable Bitcoin in years to come, accumulating more now would benefit me years down the line.

Still, if Bitcoin can maintain these levels for six months, it would be a huge show of strength and an impressive record of stability after such a wild year. That itself will do a lot of good for the coming years after.

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SaShiRaJaVu
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November 25, 2017, 10:24:10 PM
 #46

I would like to see a huge correction from this point as i am not able to gamble with it at the price we have right now,majority of the crypto currency gambling sites has to either accept alt coins for regular users to have a good time rather than investing a huge amount of money in bitcoin to gamble,i am waiting for a correction for a very long time and i am not sure when it will happen.
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November 26, 2017, 08:58:48 AM
 #47

 I successfully bought BTC in the spring! Now I am very happy the current rate. And I hope that it will grow.!

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November 26, 2017, 09:18:36 AM
 #48

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

Actually i am not in the same boat with you. As i have not many bitcoin so far, i would prefer bitcoin just do its correction first then i bought some then it to the moon.
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November 26, 2017, 09:30:29 AM
 #49

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?
If it remains this level then I can go ahead and trade alt coins again. Man, I missed trading a lot! The last altcoin that I have made was back in August as I cut loss my DCR. Anyway, I hope the price wouldn't fall too hard. Lots of millionaires were made in 2017, and I hope next year will give me luck. Cheers!
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November 26, 2017, 09:58:13 AM
 #50

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

I'm ok with whatever the price of bitcoin is to be honest, because I believe in its potencial. As for as a correction occurring in it's price I don't know. Why do you really think bitcoin price is over it's true value? Yes, nothing has really happen in terms of technical evolution, but a lot of things are happening in terms of regulations and potencial adoption. This plays a big role in bitcoin value, since it's price is defined by supply and demand. You have plenty of signs of adoption all over the media. More financial institutions are announcing they will have bitcoin futures for it's clients, coinbase user database is increasing a lot recently, banks are saying they will create wallets for their clients to deposit bitcoin, and many more "small" news like this.

You are correct, nothing huge is happening, but a lot of small things are indicating demand for bitcoin, and this makes it's price go up.

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November 26, 2017, 10:09:14 AM
 #51

Bitcoin, the ever growing cryptocurrency, has reached sky high with its growing value. In the world of inflation where people are running for more and more money and no one is satisfied with his/her current job or status, even the richest is running for the more money, so also every bitcoiner would also not so satisfied if bitcoin would stay at this price for six months but they would be fine. There is irony in above stated sentence but satisfied and fine are two very different words, as people would be fine but no one could never be satisfied.

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November 26, 2017, 10:59:40 AM
 #52

6 months is really a long time for its price to stay like this, i want its price to increase gradually , because if its price sky rocketed as its going now then i fear it might be falling like that too.gradual increase of price will help user to collect more and more bitcoin in the time period and finally sell them a good rates in future,great increase in price can also make your payment amount to be less than before and it has been started looking some of the new campaign.

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November 26, 2017, 11:27:24 AM
 #53

I am okay.
I just think Bitcoin would have correction.

I am not quite sure, it is just common after a rise the a correction
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November 26, 2017, 11:29:45 AM
 #54

Bitcoin seems to grow higher.
I would assume there ll be correction,
At least later after new year, BTC may grow higher.
I dont think it ll be here for 6 months
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November 26, 2017, 12:30:55 PM
 #55

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?

were on the same boat. its ok for me also if bitcoins price can stay at this level for the next 6 months or more because its already a good price point to earn such descent amount of profit though some people will still not be happy and contented with it because they are so greedy and will still demand more price hike in order for them to earn more due to the fact that most of them are purely investors and traders.
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November 26, 2017, 03:25:41 PM
 #56



Bitcoin at this price for the next 6 months would be just fine, but it will have both advantages and disadvantages for me.

Advantages is time, within which I can accumulate more in the hope to see it grow and also it will be hassle free for frequent user for transaction if the amount is considered in USD.

Disadvantages will be the fear which might work in few investor that it might not grow more, leading to sharp or gradual fall of value.


But I think and believe that this thing is not going to happen, so just chill. Being stable in this market is not possible for now.



I think I'm up with this assumption. Perfectly thought out that how we can make it better or how it can make us to think twice.


Quote
Advantages is time, within which I can accumulate more in the hope to see it grow


Yes why not, it would be so easy to earn money form our real job salary and put it into bitcoin. Now a days situation is crazy whenever the prices are down I don't really have the money after paying all months EMI, Bills, etc. and when I get my salary at the end of month the bitcoin price could go very high. So when theorise will be locked down to one state it can gain high number of investors and we may do well after it starts rising.


Quote
Disadvantages will be the fear which might work in few investor that it might not grow more, leading to sharp or gradual fall of value.

This may or may not happen. But I'm sure that majority of the investor would think the same way as we are thinking to gain more bitcoin into their wallet. So may be there will be reverse effecting leading to more market cap.

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November 26, 2017, 03:30:29 PM
 #57

I'd be more than fine with it, but it's silly to say that the tech is old hat and people will catch up with this. The tech has been waiting to be discovered and that process is only just starting in a truly significant way. To most people used to how normal money works, especially cross border, it's light years ahead despite niggles.

I think the one prediction we can sure about is that these prices will not be maintained. Whether it's up or down ain't no one knows.
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November 27, 2017, 05:10:00 AM
 #58

Really hope BTC can crash to below $5K then I would buy LOADSSS

But to be honest, I dn't think BTC price will be low in the next few months because there are more and more global fund money trying to enter BTC market.
I think bitcoin is such a currency which change its price fast and I think there are a lot of traders and investors who spend too much money for profit and no one want to stay remain with same price although if the price is high every one want to more high price so I don’t think so that same one want to stay remain with high price and I myself want to see more high price because I love and support bitcoin with high price and I want to increase my profit as well.
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December 02, 2017, 03:50:59 PM
 #59

Bitcoin at this price for the next 6 months would be just fine, but it will have both advantages and disadvantages for me.
Advantages is time, within which I can accumulate more in the hope to see it grow and also it will be hassle free for frequent user for transaction if the amount is considered in USD.
Disadvantages will be the fear which might work in few investor that it might not grow more, leading to sharp or gradual fall of value.

But I think and believe that this thing is not going to happen, so just chill. Being stable in this market is not possible for now.
It’s no possible for bitcoin to stay on one place and I think six months are more than enough because bitcoin change its price fast from low to high although bitcoin price is high at this time but if it stay remain so a lot of questions will be raise because bitcoin is digital currency and its connected with market trade and every day its users are expecting new price so I wish that bitcoin will go more high because we love it.
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December 02, 2017, 04:20:31 PM
 #60

Let's be honest, the technology behind it hasn't evolved much from a user's standpoint. The price is huge, most of us have made a lot of money already. I'm more than satisfied with the current price, but I think it has a higher chance of a huge correction than to go up. So I'd be happy if it remains at this level. Anyone else in the same boat?
Even if would go down people would really still remain since they do already know the capability of bitcoin when it comes on its price movement.I agree on the fact that most of us did already make some money on it.Price corrections as normal because anytime if theres a sudden price increase rally it would really normally have a correction next which I do already anticipated and been seen and experienced after all these years with bitcoin. People would still remain and I'm sure on that thing.

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