10000$ at end of 2016 is not realistic at all, we have 430$ price now and even after halving price won't go to 10000$, maximum it can go to is 1000$ but only if we are lucky
we can go to 10k$ only at 2020 but again, if we are lucky, but it would be nice to see such a huge price
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Re: Do you think bitcoin will reach it's $1000 mark again?
yes it will, of course it will, and i am pretty sure that we will go to 1000$ pretty soon, if not a end of 2016 then till middle of 2017, halving will be start of this as it should rise price to 700$ or even more, and then pumps, other events like more bitcoin accepting sites and so will rise price with time
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Re: How much do you think 1 Bitcoin will be worth in 2020?
Always thought the $100.000 was total bulshit but can't help hoping it will get there eventually.
Please put down the number you think it will reach not the number you hope it will be
well i can't pick that, but i would say that price will be 2500$, i mean there will be halving in 2016 (this year) but there will be next halving at 2020, and that will rise price for sure, so i think that price around 2500$ can be pretty real, if we won't have any price falls of course
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Re: Price of the bitcoin will jump again? The price today is acting weird
This december i think the price of the bitcoin will jump and reach $500 on this month. because it's nearly christmas and i think some people sell/exchange his/her bitcoins to use it in christmas. What do you think guys?
well i think you know or atleast heard about bitcoin block reward halving, so that is a reason why price will rise soon, price is weird because everyone hopes for something, while rest of people buys bitcoins hoping to sell them for more after halving, nobody knows what to do so it looks weird
MACD heading down, RSI is too high, MA and EMA not looking good.
This thing is going nowhere but dooown.
no, price rise is not over, it just started, look at that price, 430$ at this moment and look at all bitcoin buyers out there, more bitcoin they will buy, larger price there will be, so it will rise or it will stay here, but i am almost 100% sure, that it won't fall down, or even if it will it will rise back
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Re: sorry what is halving the price will rise e or reduce?
so seen people saying halving all the time? what is it so when bitcoin halving the price reduce or rise?
halving will halve block reward for miners, so to get profit, price of course will have to go up, or miners will leave their jobs and this would be very bad news for bitcoin, but i think that price will rise and bitcoin will be alive for next 10 years for sure, and no if you think that halving will reduce price of bitcoins then no, it won't
Here are my Bitcoin price predictions: 1. BTC stable at around $400-$500 for the next few months. 2. 40-50% spike for block halving hype. 3. Retracement back down to $400-$500 level. 4. Slow rise to $700 per BTC once weak hands are out.
well i don't think that it will be stable till halving because if you would keep eye on price you would see that it's rising, but i think it is pretty real to see 50% spike because of halving, going back to low price because of sellers might be real too, but i think that at end of 2016 we wil see 800$ price atleast
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Re: Did any of you buy thanks to Mike Hearn's discount yet?
Mike sold his coins then crashed the price, of course anyone intelligent just holds through the bullshit, but did any of you buy some of the coins at around 3XX range? I would say we are still at discount price since we are only going up after the Mike Hearn and Classic FUD is gone and Core devs can keep focusing on improving Bitcoin.
yes i did buy some, and it is really funny how lots of people just sells their bitcoins because someone sold his and told dumb things about bitcoins, intelligent peaople just holds their bitcoin and buys more for small price, but good thing is that price is okay now, 430$ and still going up
It is very good to sell not your coins now around this time, because the value is not that high now to do it. It will be much better if you wait a little longer and that you can sell it with a higher value, so you will have some profit. But that is hard to know, because you never know what can happen with the value later.
Maybe this is not a correct estimation such estimations may not work correctly and bitcoin has shown a lot of unpredictable fluctuations so far.
yeah it is impossible to predict the price right now as bitcoin is fluctuating from time to time to be honest
i never sell all my bitcoins because i believe it will soon start growing and it will surely make me a lot of money soon
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Re: Bitcoin or Gold? What would you pick?
by
busybee7
on 28/03/2016, 21:14:59 UTC
i would definitely pick bitcoin instead of gold right now as bitcoin is growing at a really rapid pace right now
i also used to invest into gold like a few years ago but when i heard about bitcoin i moved my money from gold to bitcoin
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Re: Are electric cars bad for the oil industry?
by
busybee7
on 28/03/2016, 21:11:02 UTC
i dont think that its too bad for oil industry right now as electric cars are not that popular right now
though if the popularity of electric cars will start growing at a very rapid pace it might be a huge threat to be honest
Gov't will never adopt bitcoin as a common currency unless their economy is on the brink of utter collapse and they have no other option at that time. The main reason: They don't have control of it so they don't like to have total control of anything that their country has to use.
I agree that governments try to limit bitcoin if it extends but bitcoin experience suggests that other crypto-currencies may develop if bitcoin be limited.
well if governments will want to regulate bitcoin they will most probably ban all the cryptos that are possible
though i doubt that they will start doing that because people would be really mad about that in my opinion