Swiss luxury watch brand Hublot has unveiled its new watch Big Bang Blockchain in an official announcement September 19. The new model has been released to commemorate the upcoming 10th anniversary of Bitcoin (BTC).
As per Hublots release, the 210-piece limited edition can only be purchased with BTC. The number of units symbolises the fact that the number of bitcoins will never exceed 21 million.
This can only mean one thing. The Chinese government wants to use that electricity for something else.
Yes, they want to use that electricity for their factories and population. China is a huge importer of energy, they are buying coal gas oil everything. They even plan on buying LNG from the US.
It's about trying to be less reliant on imports and when you think about the 2 trillion in exports that feed the Chinese economy the tiny income from mining is not worth the risk. Especially since because of NK sanctions they have to forfeit a lot of coal imports.
But this is probably the best news I've got in a month time!!!!!
I do not think so. The Chinese has excessive amount of energy.
Yes they are. It is always same thing happening after price drops. Whales will start accumulating slowly until they cause next big explosion to make people buy in around expensive prices.
I use bitcoin for some shopping online, pay the electricity token, pulse and so on. the thing that makes me happy is bitcoin transactions with more rapid and inexpensive cost.
I did the same. I bought graphics cards to mine altcoins.
While its funny, its really a good time for a hacker to find vulnerability for bitcons. And if they are smart enough they can work with a huge bitcoin exchange to set up a hacking incident and the exchange can declare thu are hacked.
I think the hack happens internally. When the exchanges steals the coin, and they can short and claim hack and get more money.
Same here i put my money into bitcoin since year ago and now i am making a profit.. i am still not satisfied for the price today and block halving is not done yet so i will wait more days after block halving before i sell my bitcoin so that you i can make more profit..
Never put all your money into the bitcoin because what if the price falls to the bottom and all of your money is into the bitcoin i dont think you will get back anything of that because everything is lost.
Correct. You should follow what experts commonly agree that in terms of investing, you need to diversify your portfolio so as to mitigate the risks. If you only place all of your eggs in 1 basket and that basket falls, then you lose all of those eggs - compared to placing all of your eggs to different baskets and if 1 or 2 will fall, you still have many that are up and earning you some money.
Those experts will just transfer your money to their pockets by providing advice. Do not trust them.
2 months is allong time i dont think he wil drop 100 dollar in 2 months and i dont think the can rise 100 dollar in 2 months there can happen allot more in 2 months than drop or rise just 100 dollar. So make sure you are here with the right information.
The bitcoin price dropped 10% in the last 24 hours. It seems it will drop further. This could be due to the halving.
Bitcoin price today is falling a little bit but its ok and i think we will still see the price will hit in $600 this month. and i think thats why the price of bitcoin is decreases many people are satisfied what the price today.. so more dump are coming and more buyers will come..
I am not so optimistic. The price could around $550 around 10 July, the halving time. The price needs to breath.
I did not believe that a few days ago. But the price is $590 now. There could be a possibilty the price will be around current level then.
The OP was from Feb 14. It is more than 3 months from that date, but nevertheless, the price is $500 now.
well then it was pretty good prediction i must admit, because if he bought the bitcoins back then, he must have made some reasonable profit because of this last price growth
in my opinion, the price will not stop going up thus allowing us to make some good money, the halving is coming and more and more people will buy bitcoins with their spare money
I hope you're right.But sooner or later we will see a correction. Therefore some more upwards movement wouldn't be bad for $500+ being the new bottom.
not only that, but a lot of people are not selling any time soon because everyone knows the halving is coming and holding is the wisest thing to do right now.
I agree with this. It is a bad time to sell as the bitcoin price will rise a lot in the next few months at least.
Post
Topic
BoardSpeculation
Re: $500 Within 2 Months?
by
Khazeter
on 28/05/2016, 12:03:31 UTC
The OP was from Feb 14. It is more than 3 months from that date, but nevertheless, the price is $500 now.
Post
Topic
BoardSpeculation
Re: Bitcoin price falling??
by
Khazeter
on 20/05/2016, 19:51:43 UTC
The price is quite stable recently. The big whale are accumulating. When they have enough, the price will be high.
This can be possible, regarding the current natural growth just before upcoming halving seems to be very strong and can easily cross 500 mark within this month of may, which is 2 moths from the OP date.
The OP was made on 14th February, so 2 months later is 14th April. We haven't got to $500 but yes, there is a chance that we may reach there by end of May.
Yeah now we will achieve this price very soon as price has started to rise now and may be we will achieve this price before the end of the month.
Well the price tends to increase and reach $500, but due to some sort of circulation drop bitcoin value decreased from $475 range. So it has got a big chance to touch $500 as gradual increase is taking place right now.
The current low price is a good time to buy the bitcoin. We have a time window of two months. It will rise after that.
Post
Topic
BoardSpeculation
Re: $500 Within 2 Months?
by
Khazeter
on 24/04/2016, 19:20:00 UTC
The bitcoin p;rice has broen the $450 mark and is hovering around $452. So it is possible for the price to be $500 soon.
There is a good chance this will happen because more people are investing these days and its also that the uᴉoɔʇᴉq future is much better than a couple months before. We are now staggering at the 420 dollar range so that is also why there is a good chance it will rise to a higher amount of the 500 dollar level in about a month.
500 is reachable in 2 more months if the demands for uᴉoɔʇᴉq is high enough and the supply is being hold by whales,but with the current situation of the market its just playing up and down.
to be honest we will not need to wait for that much time right now as the price is stable for a while and will soon start increasing
we might see such big numbers in just a month while i would predict 600 dollars after two months or so
Stable price is good for the adoption of bitcoin. So the more adoption, the higher the price. It will repeat.