Amazing how the volatility is still somehow underrated.
If you put an order at $299, there is still some chance for it to be filled when a big negative news comes out.
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BoardBitcoin Discussion
Re: Bitcoin vs Dollar
by
BitcoinCounty
on 10/11/2015, 05:58:25 UTC
The main difference between bitcoin and US dollar or other fiat is that there is unknown supplied supply of fiat, it is not easy to plan our financial position as we do not know the money supply. There is known supply of bitcon.
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BoardSpeculation
Re: LAST CHANCE TO BUY UNDER $300 FOREVER
by
BitcoinCounty
on 04/11/2015, 19:40:46 UTC
According to the recent price performance of bitcoin, it seems the block halving next July could pump the price to $2000-5000.
LTC will never reach zero. LTC prices will have a direct correlation between BTC prices. LTC offers an alternative to bitcoin and it has made itself a well known enough currency for it to not drop to zero.
Bitcoin enthusiasts were also LTC supporters too certainly they will not allowed it.
Yes! To ensure that this is the case, with the current rise of BTC (10..77%) in the last 24 hours, LTC has also rose to 4.16 (5%) gain. Direct correlation.
The price of bitcoin has risen a lot recently. All the altcoin price dropped relative to bitcoin. This might change in the next few months, when trader start looking for new pump targets.
Hate to say I told you so but.... Still a GREAT time to buy guys, you will regret it when we are over $600 by the end of the year.
It is quite possible for the price to be over $600 by the end of the year. A few weeks ago, I thought the price will be over $350 by the end of the year.
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BoardMarketplace
Re: Bitcoin on the Ebay
by
BitcoinCounty
on 02/11/2015, 21:39:52 UTC
In the future, there will be banks dealing with bitcoin just like fiat. You paypal account will link to that bank. Then your bitcoin become reversible when you sell things on Ebay.
I hope not, price has been going up and down from $310-$320 whole day. But if this will be a chance to buy below $300 i'll go for it before increase again
If the price goes up and down around $315 for a few weeks, then it drops below $300, it is good time to buy.
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BoardAltcoin Discussion
Re: Lets build an Altcoin together. Completely the opposite way it's being done now.
by
BitcoinCounty
on 31/10/2015, 22:18:44 UTC
If you want to convince other people to buy your coin, the coin should be innovative, not with huge premine, distributed fairly.
What price do you think it is cheap? With no actual usage of litecoin, and it is just a mimic of bitcoin, why would anybody buy it?
technically price is cheap when its below the 200 day moving average on ltc/btc chart. this just happend and we saw heavy buying. it will touch the line in next days again and we will see what happens. there are also some bullish signals on ltc/usd chart.
The price is cheap when the cost of mining is similar or higher than the price. At that point, miner will stop their miner and stop dumping.
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BoardEconomics
Re: Is it a good long term investment to buy 1 BTC today?
by
BitcoinCounty
on 31/10/2015, 17:05:38 UTC
It is still good time to buy bitcoin if the bull run continuous into next year. There will be halving ahead of us, which should support the price.
Yes that bitcoin has crossed $300 mark recently so it would be hard to buy for the price of lesser than $300. But some people here are always being bearish and expecting the begun praise at hand to hit $250 level. But I too do not expect that may happen.
The bitcoin price is too unpredictable. We do not know if we can still buy under $300. The price may drop briefly below $300.
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BoardBitcoin Discussion
Re: Debate: Do you think criminals do more good than harm to bitcoin?
by
BitcoinCounty
on 31/10/2015, 12:32:43 UTC
You cannot use bitcoin for drugs. You can use US dollar bill to wrap the drugs and then take them. You cannot do that with bitcoin.
Dogecoin, community didn't work Ethereum, technology doesn't work Litecoin, mimicing might work huntercoin, gaming doesnt work monero, privacy doesn't work dash, hype doesn't work
there is one requirement that you must have to start a coin, you must have a distributed network of miners that does not go down in hashrate but always increases. solve that first....
I think most of the above mentioned coins are working well. Most of them have distributed network of miners.
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BoardBitcoin Discussion
Re: Debate: Do you think criminals do more good than harm to bitcoin?
by
BitcoinCounty
on 30/10/2015, 16:44:22 UTC
As law abiding people, if we use bitcoin more, the proportion of bitcoin used in bad business will be smaller.
I always remember this story when I see a thread like this, it gives me hope for bitcoin.
The meteoric rise in bitcoin has meant that within the space of four years, one Norwegian mans $27 investment turned into a forgotten $886,000 windfall.
If this is a bubble then this must be a very slow one . Looks to me more like some "organic growth" after a couple of good news.
when exactly does a bubble begin? it's definitely not when a new ATH is claimed. with this topic I tried to capture the beginning of this bubble as early as possible. it makes totally sense that the growth right now is barely parabolic. give it a couple of more weeks and this topic will become more obviously relevant.
For a new ATH, it will probably be late next year. A bubble will burst. A new bull market is my favourite. We need a very long bull market.
In a period of crysis like now in Italy, what can help BTC?
Like I have suggested some Mediterranean friends, put a certain % of your pay into bitcoin. Please, over 1 million people can't be wrong who use and understand bitcoin and the power that comes with it and what it will be able to do in the future.
Maybe it is a good idea to ask our friends to buy 1 bitcoin each. There will not be more than 21 million people having more than 1 bitcoin. We could be the world's top 21 million rich person.