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Quote from: udin01 on October 13, 2016, 05:49:51 AM

i think that bitcoin is good for investment, but if you want get more you can wait until the price down

We cannot be sure that when price will go down and if you are going to hold it for long term then even current price can be considered as a low price as it will rise in future.

We cant really know the bitcoins price movement on the future. If you invest 1 btc as today you cant still assure yourself to have good profits on the long run. If bitcoin price would rose to $1m then for sure its a good result but if bitcoin would reach only on a small amount then its not ideal to hold for long terms.

I don't see it touching the price in millions in future, and 1 btc will not give you enough profits if you simply keep it idle in wallet, but if you start trading with that amount then it will give you better profits.

people thinking that it is possible for the price to go up that much are just dreaming. at some point a price in the few thousands is possible, but nothing in the 5 figure range. i think that's simply unrealistic and basically impossible without institutional investors on board.

Yeah 4 digit price is possible to achieve in future but nothing beyond that as its an unrealistic value to think of and if you hold your coins to sell at that price then yor ares surly wasting your time.

It is very possible for the bitcoin price to reach $1000 in the middle of next year as long as there is no big problem.

If we don't come across through any bad news then that price is likely to achieve in next year and the fact is most of the users are holding their coins so that they can sell their coins at that price.