It's neither of the two. The increase that is happening right now is just a nice recovery for the month. It hasn't proven anything as of now, simply a recovery. Though, bitcoin holders are thinking really good about this. For me, I'm hoping that this is a sign of the bull run. Though, a lot of recovery is needed before bull run. The one-year drought is tremendous. Very long recovery is required.
That could be true. The long term bull run might happen later next year.
I don't understand, we done upgrade with new firmware.First day was ok few coins more, now it dropping down to previous earnings, why ? If B3 mining with more has it should be more coins ? From the other site if everyone mining with more power, difficulties will go up and we and up maining still the same amount of coins, is that correct ?
look at that from the bright side unique chance for buying bitcoins with 20-30% discount cause price will get back to 7000 mark before new year.
People here are always too late. They likely bought their coins very close to the peak levels, and for that reason aren't in a position to see it as an opportunity. If we look at the charts, there is a similar pattern visible, hinting at a correction somewhere close to the +$7000 levels we visited before the market went down. It doesn't require any actual market understanding to spot that pattern, but just common sense. At worst we'll be testing the $5000 level in the very short term, but I don't expect the market to fall that much down. My guess is a dip just under the $6000 level ($5800-$5900) where after that we will see the market go back up again.
You are right. The dip happened in the $5500 range. I think after the Bitcoin future is listed in CME, the price could be $10000 or even higher.
Saving bitcoin for next 20 years may not be good decision and also that in a quite unsecure place like in your garden. Better put it on a bank locker so that even if you don't live till than your family can take control of your bitcoins.
If you put it in a bank locker and somebody get access to the private keys, they can steal the bitcoin.
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Re: I spent all my saving on bitcoin, now i am broke
So this guy bought bitcoin when the price was about $450 and now that they are $600 he's broke? lol
he is a lucky person and he also saw a price of $750 in the mid of the year so he got about 80% or more profit with that bitcoins. But I think he is saying it because he have buried them and is unable to use them for his needs. He should have to keep them in his living wallet.
The problem is that we don't know how everything is right now. Perhaps he sold all his coins to secure profits. Perhaps that his coins, or the majority of it are still untouched. An update from OP would be a welcome thing here.
op last active was today , would be nice to get an update from him right? but since he is planning to save the 5 bitcoin for very long term saving in bitcoin , i guess he just keep his bitcoin underground . the 'broke' that what op means are due he has spent the whole fiat money saving to buy bitcoin and buried it. so i guess he just have a great plan not the real broke.
Yeah, I would also like to see an update on this whenever he plans on selling or if he's already checked if it's still there :p But it's better to wait until he takes another action, now it's just waiting that he has to do.
this dude is a legend already. and as far as i understand he has not intention of selling them soon (but he is learning more about bitcoin and how to use paper wallets), so they are most likely still there.
That is right. The bitcoin is still in the very early stage of development. The price will still rise a lot in the near future.
My first time hearing about bitcoins is from my technician friend.He told me everything about it and how its value rise up to $600 from a starting value of $0.01 per bitcoin back in 2009 or 2010. I hope i listen to him earlier and stake many btc as i much, if that happened i am very reach now because a lot of money that time because i got my shares when our land property is sold for 500k$. My bad.
i heard about bitcoins from my friend too though at first i did not invest and thats why i actually missed a chance to make money
Yeah even my friend was forcing me to invest money in bitcoins when price was not too high, but I didn't show any interest at that time and regretting till date for making such an worst decision.
When I told my friend about the bitcoin a few years ago, he invested in the bitcoin soon after and has made some profits.
It is rather amazing that the ETH/ETC price stays up. Because its main value proposition, complex smart contracts, has been demonstrated not to be reliable. So one wonders what people speculating on ETH/ETC are still hoping for.
The volume is higher on the ETC actually. Maybe people think it is the pump and dump coin, so they trade it now.
The ETC trade volume is quite high. That maybe because most of the miners will sell the ETC they mine instantly.
I hope due to hackers attack only it keep reducing, but many supporters of eth are saying that, now it is the right to buy eth for low, definately it will rebounds very soon. Many supporters and community people are keep buying eth, due to because eth has large market.
The Ethereum price has already rebounded. The question is how long will be rebound be and how high it will be.
The price of the Ethereum has dropped about 20% from the recent peak. That is due to the listing of ETC.
The combined price of the ETH and ETC is quite stable. So many people are trading between ETC and ETH.
The ETC price is dropping against the ETH at the moment, in fact for the last few days. Maybe the dump has started.
I think the price of ethereum will now continuously go down unless a big company come to support it, as people have lost their trust on ethereum, and now they are waiting for a strong guarantee for ethereum, I think someone have to start a signature campaign with etherum payment as nowadays signature campaigns are powerful means of advertisements.
I think the Ethereum community has not lost confidence. There are still many posts about the Etheruem.
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Re: Where did you first heard about Bitcoins?
by
Evintiman
on 13/07/2016, 09:50:42 UTC
I heard about the bitcoin in a website about the GPU mining some time ago. Then I found it is very good currency.
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Re: I spent all my saving on bitcoin, now i am broke
If you bought coins last summer when the price was 200$ then the answer is yes.
You made profit more than %100 and you can safely sell all.
If you bought after 400$, then don't bother. wait for 600$ at least.
Solid holders even keep holding their coins even while they have bought far below $300 last year. It requires you to have very strong hands in order to not secure profits at this point. If it's a smart thing to wait with securing profits in this case is another thing. Only time will tell.
well, if you have bought below $300 or like me at $190-$220 range, then there is no reason to sell right now. there is a long way to go from here and a lot of profit waiting. so unless you don't need the money there is no reason for selling bitcoin at this point.
I bought some in the middle of last year. I think the price of bitcoin will rise further. So I will not sell now.
Very rightly said this is the best to buy as price is not too high and if we buy now then we can sell at much higher price in next couple of months.
selling at current price is not profitable but if you have patience and if you can afford to hold it for next couple of months then it can be the best decision.
That is true. The bitcoin price will rise a lot in the next few months. In April, the SegWit will be implemented.
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Re: is it time to sell?
by
Evintiman
on 26/02/2016, 13:46:52 UTC
It is not a good time to sell. The price is not so volatile. It is consolidating. So the price will rise a lot in the near future.