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Showing 20 of 706 results by fearlesscat10
It was at 980, so, it isnt a good price to buy
It was now at $1,031 and it varies up to $1,050 and I haven't seen around that it pumped higher, so for those people who are expecting low.
I guess your turn is already done, it did happened last week that the price went up to $980 and right now it's starting to become ready and fly again up to the moon.
I can't say I'm not disappointed that the price went so far down below $1300, but I wouldn't get my hopes too high just yet about the price flying to the moon. I'm glad that we're still stable hovering above $1000, but if we do increase, it'll probably just be slow and steady from here. The issue with the miners is definitely an impediment regarding bitcoin's overall stability and profitability, and I hope it'll get resolved soon.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
Well said, I also believe that Bitcoin getting rarer each day because of the lost access to the address by its owner will definitely increase it price. In addition of people adopting Bitcoin, more demand, getting lesser supply, the price value will be an uptrend if we plot this in graph. We then can see Bitcoin beating its ATH from time to time until it become more stable due to the saturation of the market.
The sad part about the price increase is that some people are intimidated by the current price and are waiting for a decrease before buying in. But at this rate, it looks like we're not going down anytime soon. We're now back at $1250 and soon we'll be seeing $1300 again. Don't get me wrong, the price is great but we need a better opportunity to buy.
Then again, there's also a possibility that we'll see $2000 in the coming years and in hindsight, right now would be a good buying opportunity. We can never really know.
Hindsight is 20/20 but this decade is the right time to buy. If you don't buy in now you may never be able to afford what you would like to see in your wallet (like 1, 10 or 21 bitcoins). I'd hate to miss the train and be stuck at the station. Aka; fomo
I predict that $1600 will come in about 2 months. We're going slow and steady the way we should be.
I hope that $1600 prediction will come true. The bull trader inside me hopes to see $2000 before the year ends, but that's still a long way ahead of us. Then again we'd have to consider that $900 - $1300 went by in just roughly 4 months. If the rate keeps up like that, $2000 is definitely possible within the year.
At this point it's quite tempting to go all in with bitcoin, but it is never wise to put all your eggs in one basket. Though that can apply to fiat as well. The average buyer could also wait for dips in the price, but who knows when the next dip will be.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
Well said, I also believe that Bitcoin getting rarer each day because of the lost access to the address by its owner will definitely increase it price. In addition of people adopting Bitcoin, more demand, getting lesser supply, the price value will be an uptrend if we plot this in graph. We then can see Bitcoin beating its ATH from time to time until it become more stable due to the saturation of the market.
The sad part about the price increase is that some people are intimidated by the current price and are waiting for a decrease before buying in. But at this rate, it looks like we're not going down anytime soon. We're now back at $1250 and soon we'll be seeing $1300 again. Don't get me wrong, the price is great but we need a better opportunity to buy.
Then again, there's also a possibility that we'll see $2000 in the coming years and in hindsight, right now would be a good buying opportunity. We can never really know.
Well buying is a bad idea - people should have done that before all the hype about the ETF coming soon which has dramatically pushed up the price. You should only but if you're very optimistic about the ETF or you're prepared to hold for a long time.
I have mixed feelings on this. You could still buy right now since the ETF hype is still affecting the price. It's only gone down for now due to the issues with the Chinese exchanges. Soon the hype will take over the price again since we're nearing March 13. You could still make a profit regardless of the ETF results. If it's rejected, you just have to be quick to sell before the dump.
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Selling could have been a good idea recently - it was clear for a while that it was staying near $1300 before it then fell down to around $1200. If you were clever enough to notice that temporary climax you could have sold then and bought again about now.
This, I agree on. Personally I missed the peak though, but I'm hoping for the price to get near $1300 before the ETF decision.
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In my view, there's an option missing here, which is trading. If you're clever enough then during this time of volatility you could earn some decent money by buying and selling repeatedly in ways which earn profit.
For the less experienced in the market like me, the best option is to hold because I know that eventually Bitcoin is going to rise much higher. It could well take a year before the network issues are sorted out and it becomes good enough, but that's okay because there's no point making a rash decision to sell during this (probably temporary) high.
For the less experienced in the market like me, the best option is to hold because I know that eventually Bitcoin is going to rise much higher. It could well take a year before the network issues are sorted out and it becomes good enough, but that's okay because there's no point making a rash decision to sell during this (probably temporary) high.
If you really believe that bitcoin will rise, then if you have cash right now, buying won't be a problem. But if you're satisfied with your stash, holding is definitely the best option.
Personally, I plan to wait for the ETF decision. If it's approved, I'll buy more and ride the succeeding pump. If it's rejected, I'll sell my short-term stash and wait for the dump before buying more. The issue with the Chinese exchanges and the current price admittedly caught me off guard. But if I won't be able to sell my short-term stash at a profit, I'm fine with holding.
Bitstamp tested $1298 some hours ago. Interestingly for some reason, it's higher than the Bitfinex peak at $1294 (bitfinex always has the higher price for some reason)
In any case, looks like we will test the barrier again, we'll see what happens.
In any case, looks like we will test the barrier again, we'll see what happens.
if ETF will receive a negative response probably we can see again a value below 1000$, and I don't get surprised if price start to climb some days before SEC reply.
I hope a bad news doesn't lead to a large dump... it means we can forget another pump for at least a couple of years.
But we don't necessarily need another pump at the moment, or anytime soon for that matter. The price has been steadily climbing up since 2014 and it'll likely keep going that way regardless of ETF results. Rejection could possibly result in a small dip but after the price has recovered from that, it'll probably continue upward like it has for the past 3 years.
IMO this is because adoption is slowly and steadily increasing across the globe and the price is increasing along with it.
Regardless of that, I'm still personally hoping the ETF gets approved.
Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/
check out here:
http://www.centrabit.io/
It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.
This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.
Yes.
If it doesn't pass, I think the dip will not be that noticeable.
No.
I'd have to disagree that the dip won't be noticeable. The people who believe that the ETF will be approved have adjusted their trading accordingly. They think bitcoin will go to the moon after ETF approval, so right now they're hoarding and getting ready for the spike. If that doesn't happen, there is a high chance that those people will sell the bitcoin they hoarded because they'll think that getting to the moon will take a lot longer.
IMO the dip could possibly go down to $700 or $800, but probably not any lower than that. If anything, it'll probably go to $900 at least.
And please, understand that i don't mean that the price will immediately pump to $10,000+, im just saying that if the SEC approves ETF (and it will, if not on 11th, then the next time, it will happen eventually) we will see new, never seen before, streams of money coming into bitcoin.
I don't know if you understand what ETF really means. This is huge for the non-geek investor to hold bitcoin. It will be possible for anyone to go into their local banks, and tell the employee to but you some COIN shares, anyone can do this. Once people get gains with that, it will spread, everyone can get in with no technical knowledge about bitcoin in a safe, regulated way. So all those old millionaires, or your regular person that just wants to hold BTC but isn't really sure how to do it, will be able to get in thanks to the COIN shares. Of course I personally recommend people to learn how to buy and hold actual BTC, but we can expect everyone to do that and COIN will be 'it', the missing link to get the average investor that is not into cryptography/computer stuff. This means potentially billions of increase on the marketcap. With some time price going x10 is perfectly plausible. How long it will take? I don't know, but it opens the door for that possibility to happen.
I don't know if you understand what ETF really means. This is huge for the non-geek investor to hold bitcoin. It will be possible for anyone to go into their local banks, and tell the employee to but you some COIN shares, anyone can do this. Once people get gains with that, it will spread, everyone can get in with no technical knowledge about bitcoin in a safe, regulated way. So all those old millionaires, or your regular person that just wants to hold BTC but isn't really sure how to do it, will be able to get in thanks to the COIN shares. Of course I personally recommend people to learn how to buy and hold actual BTC, but we can expect everyone to do that and COIN will be 'it', the missing link to get the average investor that is not into cryptography/computer stuff. This means potentially billions of increase on the marketcap. With some time price going x10 is perfectly plausible. How long it will take? I don't know, but it opens the door for that possibility to happen.
I think even without ETF Bitcoin will reach $10,000 if we are talking about the long term price of BTC. Having all the issue with Bitcoin fixed or solved, Bitcoin will eventually get there at $10,000 a piece. But if ETF will be approved, it will hasten Bitcoin to reach that price because of the massive investment pouring in the Bitcoin economy.
What issues do you mean? IMO bitcoin can definitely reach that price, not through "fixing it's issues", but rather through more adoption. Compared to the 2009 - 2012 era, both price and adoption have increased substantially.
I agree that the ETF is a very significant step in terms of bitcoin because non-technical investors can finally get into it. Personally I'd really like to introduce bitcoin to some of my older family and friends, but they're not very experienced with new technology so there's a high possibility that they might lose it all due to carelessness.
The ETF provides a way for the not-so-techy people to invest in bitcoin. Yes, you could argue that the Winklevoss twins' system could also be hacked like any other exchange, but that shouldn't really be the investor's problem. Since their target audience are non-technical people, their company should cover all the security measures needed. If not, there will be a lot of angry investors and that'll be a loss for everyone involved.
That's really big. Every user of bitcoin feels a panic in the inner mind, whether the price sustains or should we go for further as an investment or for trading purpose. Somehow reaching $1200 gives every user the profit, even if its sold now. With the ongoing volatile increase can expect the price moves to stay sustained for a long time without falling back during the time when the ATH was reached in the past.
As always, we are rising at the so called wall of worry. you either have the nerve to keep it playing, or you jump out of the train at lower gain. Now it's time to see who has the weak hands. Just buy and hold, buy and hold. I'm pretty sure the price will continue rising at least until ETF. And if it gets approved, we might see $2000 before the midyear.
I think it's still possible but unlikely because of the tight anti money laundry laws in many countries all over the world which stops many companies and peoples from using bitcoin.
Reason for still it possible is bitcoin value increased to 1150$ today. In price chart within two days price value increased more than 100$. I don't know the reason for this bump. Wish it should reach big value in upcoming days.
It rose from sub $1100 to over $1200 in a matter of days. I think we could reach $2000 sometime soon, maybe on or before the ETF.
I think I get it now, thanks for your replies 
I'm a little late to reply, but someone else might be looking at this topic for answers.
I posted on the bitcoin reddit recently about this. You can see it here.
Top comments are:
Quote from: vvv7777777
Two guys (known as Winklevoss Twins) filed for a bitcoin ETF years ago. There's lots of hype around this because it will allow "regular" investors to invest in the market -- which will cause the price to skyrocket. The final deadline for the SEC to make a decision is March 11 and people are speculating leading up to that date whether or not it will get approved.
Quote from: Erumara
A company wants to buy bitcoin, and then sell paper certificates for those bitcoin to suckers speculators on paper markets.
The price is getting closer to break the $1200 barrier. So if technology supports and ETF too gets approved sure we've got the increased chances of reaching $1400 and more, because bitcoin analysts have predicted for a very big price in a short based upon the ETF approval.
$1200 HAS BEEN BROKEN. At this rate, we'll be at $1400 by next week or maybe even this weekend. $2000 is actually feasible on or before the ETF decision based on the current rise.
hold your horses guys, lets have 1500-2000 USD first. if and it is a big if btc breaks 2000 then things will be very interesting
Dude, if we're going to dream let's dream BIG!
I know i know, so in that case : 100,000 USD here we come!
LOL. The day that happens, I'm going to tell my boss he can kiss my ass and that I'm going to fucking retire.
On a more serious note, I fairly confident that we'll reach $2000 before year ends.
IMO $10,000 is also possible, but maybe around 2020. Minimal chance it's gonna happen within the year.
You're missing the one ATH that silences them all: Gox.
What was that at? Thought it was broken along with all the others when the boom time was earlier. 
Maybe just a fantasy to rain on everbodies parade perhaps?
1242 iirc
Very reachable now.
Definitely. I'm hoping we'll see $1500 before the ETF decision.
It sounds like the potential ETF is making the price jump up. If the ETF isn't approved, the price will almost definitely have a significant drop. No one knows what will happen so just keep an eye on it.
I think people are buying in hopes of bitcoin skyrocketing if the ETF is approved. If it doesn't get approved, most likely those people will sell while the price is still high.
But even if it does drop by then, I don't think it'll be that big. Most likely we'll see $800 or $900 as the floor and get stable again after the ETF drop, if it does drop.
Do we even want the ETF to pass?
https://bitcoinmagazine.com/articles/how-latest-coin-etf-amendment-could-hurt-its-investors-and-perhaps-harm-bitcoin-too/
https://bitcoinmagazine.com/articles/how-latest-coin-etf-amendment-could-hurt-its-investors-and-perhaps-harm-bitcoin-too/
Well seems some dilemma in there but we could not know it until it happen. I still want ETF to pass, and it is up to the developer on how they implement this ammendment without forking Bitcoin. Anyway ETF is sure a big hype that produce a pump to bitcoin price. I just hope this will not create a bubble.
At this point, a bubble seems likely with all the ETF hype. However, the ETF overall would still be a good influence on bitcoin because it would increase awareness regardless of whether it's approved or not.
People do really need to sleep lol 
Dont be stressed out too much on thinking on things which isnt not destined to happen again on bitcoins price and related to money it doesnt really sleep at all same as other said here. Im still confident as long i know my bitcoins are growing
Dont be stressed out too much on thinking on things which isnt not destined to happen again on bitcoins price and related to money it doesnt really sleep at all same as other said here. Im still confident as long i know my bitcoins are growing I was going to sleep soundly after placing my buy order earlier today, but the service I use to exchange fiat for bitcoin recently changed the process and now it'll take a few working days to set everything up again.
Hi when and at what time is the ETF announcement going to be ? How can we find out about it
thanks
thanks
if we do not hear anything from the SEC about the bitcoin ETF until march 11th (17 days from now) the ETF gets auto approved. they can - until the 11th -approve it, disapprove it, postpone the decision again or do nothing. if they do nothing bitcoiners will be like:
TIL that it gets approved by default. Thanks! Do you have any idea what time we would know for sure on March 11? Or is it as soon as 12am March 11?
It's great to see the prices are this high, and I really hope it continues to grow as this is great news for everybody using bitcoins. I really think that it will continue to rise up till $1,500 and we'll see another correction from there. After that probably we will see that new milestone of $2,000.
Yes it seems so, prices continue to skyrocket, if we sell might have been lucky, but I recommend to be patient and hold because the price could still rise again. If this month the price never drop $1,000, I'm sure the price will reach $1,500 not more a month later.I'm pretty confident that we'll reach $1500 sometime before the ETF decision is finalized. After that, I hope we still go up regardless of ETF results.
indeed this situations is really good and all major exchanges has already reach it but i was hoping more and next target price would be $1200 i wish it happening in the near future but the main things is the price stable at $1000 or above
Though every exchange has come up with a price above $1100 right now no one is there to predict the precise reason behind the growth. This time China's influence is not felt much but analysts have mentioned it as an gradual growth. As the price too is stabilizing and moving forward shows it an real one.what are you talking about?
price is always rising because of increasing demand. things like ETF (even with it not approved) and lots of other news such as the Megaupload one are putting bitcoin on the media and giving it so much attention. and this will bring lots of new investors and price always goes up because of it.
besides, Chinese are still buying bitcoin, they are just doing it off the exchanges you know names of.
Bitcoin is at its all time high right now. One big factor is the ETF, thats why a lot
of investors are pumping into the bitcoin ecosystem. Just imagine if the ETF is
approved millions or probably billions could be injected into the bitcoin marketplace
which will send bitcoin price surging to 2000 USD.
If not approved, then the price will fall but not that much I think. We will probably
experience a few ups and downs but the price will be steady at the range of 900-1500
at the end of the year.
I'm a little scared of the ETF not getting approved, to be honest. We're doing really well right now and I'd really hate to see it getting derailed by the ETF getting disapproved.
Overall I'm very proud of where we are now especially considering where we started out as.
what would you do whether to keep waiting or will you sell the stock of your existing bitcoin wallet?
Well honestly I feel like I'll probably see how the trend looks like. If it looks like it's going up, why not wait a bit?
But then again, it's also good to have goals when it comes to bitcoin. At that price, maybe I'll sell 2-5 BTC, we'll see.