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Re: 2016, The Year of Bitcoin?
by
socks435
on 05/08/2016, 16:45:00 UTC
hopefuly before this year end bitcoin will increase the price because im still holding my bitcoin for the future and for christmas and for my upcomming birthday Smiley hopefuly that miracle happens im still hoping Smiley and other store's will accept bitcoin as a payment and my number wish will be hope bitcoin will be grow up its price too faster in end of 2016
that all want prices to rise when the end of the year and then what to expect from the price increase at the end of the year when prices will fall after the new year, and the most prices fall in mid-year as is now happening.
I think the history at present price of bitcoins right now is the same as like before.. so better to wait for the price to increase again back on november to dcember just liek last year.

these things are common and normal with bitcoin. it always happens, and price goes up and down something the bad news is huge so the drop is big too and sometimes the hype is huge and rise is big too.

so as a regular bitcoin user who is not day trading you shouldn't worry about these things and look at the over all change which has been rise.
Yes fluctuations in bitcoin prices are very reasonable and I look at the traffic going up little by little. I believe bitcoin will be able to improve and develop. What is clear in 2016 bitcoin better than last year.


But few days ago the price of bitcoin keeps flactuating. But i think it will go up pretty soon. But im surprise that the price of bitcoin keeps falling and i dont know why! I do expect a lot because of the halving but my expectation wasnt reach by the bitcoin halving Sad

The decrease from s few days ago was due to the hack of bitfinex. 120000 bitcoins were stolen.


though that wasnt that huge amount of bitcoins to be honest, people just started panic selling thats why there were a major price drop, i hope people wont react like this next time
Well is just their way to make a profit honestly i converted some of my bitcoin when the price is 650 before huge drop happen. so right now the profit that i earn converted again into bitcoin, and hold again and wait for the price increase we are not the same strategy because we already heard hack happens in bitfinex so you can decide either you sell or not because anytime the price of bitcoin will decrease..