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I think we've reached the high for 2015, which was $502
It's a lot more than we started with this year so I'm not complaining.
It's a lot more than we started with this year so I'm not complaining.
It depends on if there will be a pump or not. If there is no pump, $502 is the highest price. If there is a pump after agreement of blockchain size, then we will see a much higher price.
I'm still waiting for that day to come. Of course I want 1 btc to be worth 10.000usd
It won't happen over night though. Gotta have some patience with this.
It won't happen over night though. Gotta have some patience with this.
In order for bitcoin to be $10,000, we need bitcoin to be used by at least 1% of world population, or 70 million people. These people on average will have 0.2 bitcoins between them. So that is about $2,000 worth of bitcoin for each of them. This is not a big amount for those people.
Re: [2015-11-19] Bitcoin Price Drops Following News of EU Threat
Just before these clamping down articles the EU classified bitcoin as a legitimate currency so I can't see them clamping down on bitcoin any harder than they already do with fiat currency which lets be honest is the main issue in this regard.
Reminds me of the "China Ban" scare which was so hard to get rid of. Now China is a huge leader in Bitcoin activity.
There was never a ban of bitcoin in China. That is only a ban to the banks so that they are not involved in bitcoin trading/transaction.
Now, you can transfer money directly into a bitcoin exchange. So that ban is also lifted.
There is not much innovation going on in China apart from bitcoin trading.
Because we can pay any service provided remotely, and hide our identity. It is quick and cheap. No one is easy to identify the source of the money.
The bitcoin transaction is traceable. If you pay with your bitcoin to a on line shop, and the goods is delivered to your home. From that moment on, all the bitcoin in that wallet address will be linked to you. It is not anonymous any more. The authority can ask the shops to reveal your identity.
how about bitcoinblackfriday 
at 27-November-2015
more deal and discount avaible with bitcoin paymenth
i think some people will interesting to buy bitcoin and spend it
at 27-November-2015
more deal and discount avaible with bitcoin paymenth
i think some people will interesting to buy bitcoin and spend it
If there is some discount for purchase with bitcoin, some people will tend to use bitcoin. Using bitcoin is also good for vendors as they save fee compared to credit card transactions.
But be careful not to overspend because of the discount or buy things you do not need.
To make a bitcoin, you need a bitcoin.
So start with a little bit speculation. Don't fall into the trap of panic selling. Always stay calm and have patience.
My last tip would be greed. Don't be a victim to greed either. Cash in while you still can.
So start with a little bit speculation. Don't fall into the trap of panic selling. Always stay calm and have patience.
My last tip would be greed. Don't be a victim to greed either. Cash in while you still can.
What you said is correct in theory, but is difficult to implement in practice.
You can convert the fiat into bitcoin first. It would be better to be paid directly with bitcoin so you do not need to convert. That would save some exchange fees.
If we are not greedy, we do not have impetus to earn money. It depends on how greedy we should be.
If we climb above $400 again the sells walls will pile on so fast...
It has already! $409 and climbing now Where did you get the $409 number? I see the price is still around $330. Is that a typo?
The price shall not reach $500 in November. In December it is still possible, if there is a year end rally like the conventional stock rally each year.
Best investment is in the stock market. ETF accounts are the best. That is a fact 
the stock market can go up and down at any time, even the stock could go down and do not have a price, you're sure what to think with this investment?
Historically, stock market investment is the best. The stock index will beat the inflation in long term. I am talking about the US stock market. The index tracking ETF is the best, it will beat 80% actively managed funds.
In short term, the price will go up and down, very difficult to predict.
Xapo was the first company to do this, and they ship these cards to almost every country in the world. They have a fair bit of fee's, but the first year is free, there after a Annual
fee is charged. The highest fee comes in when you lost your card and you want to expedite the replacement. { $55 }
The hidden fee's for this new card will surely come, but the limited availability, will surely make it a less attractive option, in my books. I VOTE for less KYC/AML nonsense.
fee is charged. The highest fee comes in when you lost your card and you want to expedite the replacement. { $55 }
The hidden fee's for this new card will surely come, but the limited availability, will surely make it a less attractive option, in my books. I VOTE for less KYC/AML nonsense.
When Xapo cards came out, there was not much media exposure. Coinbase is a big bitcoin exchange, so the issue of visa debit card by it is quite significant.
Coinbase is also a payment processor for many retailers. If they can combine the debit card and payment process, they can make more profit so the credit card fee can be lower.
When bitcoin is adopted widely, there is no difference for consumer to use bitcoin or fiat in buy goods etc.
But there is a fundamental difference between bitcoin and fiat. With bitcoin, you do not rely on banks to transfer the money for you, so the transaction fee is lower.
You can also save the bitcoin in your own wallet. So banks do not control your money.
But there is a fundamental difference between bitcoin and fiat. With bitcoin, you do not rely on banks to transfer the money for you, so the transaction fee is lower.
You can also save the bitcoin in your own wallet. So banks do not control your money.
thers so many arguments occuring in this thread lol 
but to answer op's question yes i currently own more than 1 btc . 2.3 to be exact, looking forward to getting upto21.
but to answer op's question yes i currently own more than 1 btc . 2.3 to be exact
, looking forward to getting upto21.21 bitcoin is a very nice target. No more than 1 million people in the world can have more than 21 bitcoin. In deed if you have 21 bitcoin, you should be some where around 50 thousand. Majority people will have few than 10 bitcoin.
At present, 21 bitcoin costs less than $7,000. It is affordable for most people.
price goes up mid year and goes down end of year been since 2012 this beahvior but will rise more to 800 into 2017 so buy a bit before and expect a full year even for just 1 btc
I think the price will rise to more than $800 in the middle of 2016. There are several reasons for that. The first is the adoption of blockchain technology by conventional banks. They are working on the technology. They should have something to show by that time. The second is the halving of block rewards, that will reduce the pressure on the price with only 1800 bitcoins come to market every day instead of 3600 at present.
Re: Washington Post: "You can now pay with Bitcoin practically anywhere"
The headline is misleading. It's a bitcoin debit card only available for residents of some american states. The EU is discussing cracking down on virtual currencies and prepaid cards, so I doubt it's going to be offered to EU citizens. Besides, bitcoin debit cards are nothing new, a number of exchanges were already offering them but with high fees.
What the title means that you can pay with the card anywhere in the world as long as they display the visa logo. This is very significant step in the adoption of bitcoin. Even though this card is only available in some states in the America, I believe it will be available to other states in the future. It is better to be available in a limited number of places to test its usability.
How would you change the fee, since bitcoin is a P2P network? Does someone go around asking people, "Hey! Stop paying 0.0001 as your tx fee! The meta is now 0.00001!"? Or do we have to switch to a totally different Bitcoin client?
This is all quite confusing to me, as you can see, I'm a mere Jr Member. Enlighten me.
This is all quite confusing to me, as you can see, I'm a mere Jr Member. Enlighten me.
The fee is not fixed. In the core client, there is recommended fee, such as 0.0001btc/kB. But you do not have to pay that. You can choose your fee. In the busy times, it is better to pay higher fees to get faster confirmation. In the not so busy times, you can reduce the fee to lower than the recommended fees and can still get confirmed.
There will be no price effect. Why would there? It just makes conventional banking better.
If there was a USD token that was near instant that may impact the market as you'd be able to run in and out of Bitcoin exchanges in a matter of minutes rather than having to wait for days on end.
If there was a USD token that was near instant that may impact the market as you'd be able to run in and out of Bitcoin exchanges in a matter of minutes rather than having to wait for days on end.
There is no doubt that blockchain technology will make conventional banks better. But if these banks want to use a universal token in their banking system, they will have to use a popular one, that is bitcoin. It is difficult to create a new one and to agree within all the banks. This token should not be controlled by a single government.
Buy Bitcoin at low price,wait some time,and sell high.
The secret is patience.
The secret is patience.
It is easy to say than to do using this method. As small fish, we do not know the intention of big whales who can manipulate the price easily. They determine the direction of the price. When we buy, the price can drop further, and do not rise for long time. When we sell, the price can go up for some time without dropping below our selling price.
I just think they will go full blockchain without touching bitcoin. So they will create their own cryptocurrency (government-backed)
And I just think it will work. But I think it will not damage bitcoin.
And I just think it will work. But I think it will not damage bitcoin.
If they create government back crypto currency, is that backed by one government or multiple governments? I do not think all the governments can agree on the single currency.
The bitcoin is the currency. Banks might create tokens to use internals, but they do the inter bank clearing, they will have to use bitcoin.
Very nice to use Bitcoin like that. But how do they make money with this?
In the future, the fee will be applied. If this card is popular, they can also charge retailers a fee. The fee can be lower than other credit cards. The fee can be 1% compared to 3% of other cards.
Coinbase has a first mover advantage. It can help the adoption of bitcoin and make coinbase come profit.
Re: Washington Post: "You can now pay with Bitcoin practically anywhere"
I don't get why this is exciting or news. You can already spend bitcoin anywhere on the entire planet by selling it for local currency first.
With bitcoin credit card, you can use the bitcoin directly, without changing it to fiat first. It is very convenient for bitcoin owners. This is part of effort to make bitcoin useful for purchasing.
If there are discount or cash back (bitcoin) for card holders, it is even better.
Its fine and right, Instead of waiting for Bitcoin price growth we can buy bitcoins and we can save for future and we can utilise this situation and after few the price will move for sure so that time we can sell and make profit. guys I would suggest you to think this time is a investing period in BTC. so invest now grab then. easily deal right!
thats exactly how i think about it, if the price jumps up right now , i really have nothing to gain. but if it jumps up in the later years when ill have accumulated a ton of btc thats way better for me.I also want the price to be low and stable so that I can accumulate more and the stable price can help the adoption of bitcoin. If the price is too volatile, people will not use it as a value storage. People will not hold it for long term because they do not know what the price will be in the next month. The effect is similar to a high inflation currency.