Topic: 400 will not hold (Read 17618 times)

Quote from: Docnaster on August 10, 2016, 05:49:14 AM

the price is going to be only higher, in my opinion a new all time high will be reached soon

A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good.

I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet.

many promoters never care about the technical specification of bitcoin network frankly they never know\understand about it , all is hype and increase in adoption among the community .

the price is the main aspect for a lot people here. what's happening with the network, or even all that has been discussed about increasing the block size, it's moving past them. they don't even look at it. and those that do look at the block size increase, they see it as something that can get the price to increase. so once again, it's price related.

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Quote from: Innocant on August 13, 2016, 07:54:45 AM

the price is going to be only higher, in my opinion a new all time high will be reached soon

A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good.

$1200 will be achieve in next year not before that and it will be interesting to see that whether it rise from there or remains stable or falls back below to $1k.

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Quote from: Docnaster on August 10, 2016, 05:49:14 AM

Quote from: Docnaster on August 10, 2016, 05:49:14 AM

the price is going to be only higher, in my opinion a new all time high will be reached soon

A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good.

I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet.

many promoters never care about the technical specification of bitcoin network frankly they never know\understand about it , all is hype and increase in adoption among the community .

Innocant

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the price is going to be only higher, in my opinion a new all time high will be reached soon

A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good.

I think so. There is no news about the bitcoin protocol at the moment. The 2MB block size increase is not there yet.

Docnaster

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the price is going to be only higher, in my opinion a new all time high will be reached soon

A new all time high of $1200 could be reached in 10 to 20 months. It will not be too soon as the news are not very good.

oceanriver

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Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

right now i never hold my bitcoins or other cryptos on an exchange in order to avoid some losses, in my opinion it is a way too risky thing to do

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Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

thats true, if they want to avoid losses to those hacks then they should never keep their money on exchanges, though traders will still do that

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Quote from: MingLee on August 08, 2016, 11:35:30 AM

Quote from: MFahad on August 08, 2016, 11:11:47 AM

Quote from: ASHLIUSZ on August 07, 2016, 10:11:28 AM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them.

There is huge upside potential, but the risks should not be understated.

There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure.

For most people there probably less of a risk of holding your Bitcoin in an exchange wallet as opposed to any other form of wallet, and that's mostly because of the average Joe not knowing much about PC security. Assuming they get a virus, and the creator intends to go after Bitcoin desktop wallets, it can be a write-off for the person who owns the wallet. Even though there is risk keeping Bitcoin in an exchange, there are some benefits for some people.

You just need the Core Client to create a wallet and copy the address. Then you can ask somebody to sen to that address.

MingLee

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Quote from: MFahad on August 08, 2016, 11:11:47 AM

Quote from: ASHLIUSZ on August 07, 2016, 10:11:28 AM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them.

There is huge upside potential, but the risks should not be understated.

There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure.

For most people there probably less of a risk of holding your Bitcoin in an exchange wallet as opposed to any other form of wallet, and that's mostly because of the average Joe not knowing much about PC security. Assuming they get a virus, and the creator intends to go after Bitcoin desktop wallets, it can be a write-off for the person who owns the wallet. Even though there is risk keeping Bitcoin in an exchange, there are some benefits for some people.

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Quote from: ASHLIUSZ on August 07, 2016, 10:11:28 AM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

So it is better for the customers to trade at the exchanges, but as soon as they buy the bitcoin, they should withdraw.

If you use an online wallet service, like the one built into most exchanges, there is always the risk that the service will go out of business or steal your funds and claim you withdrew them.

There is huge upside potential, but the risks should not be understated.

There is always a risk involved using wallets in exchanges. A recent example if of bitfinex where people lost a lot of bitcoins. Always Use Desktop wallet as they are more secure.

sanas

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Quote from: stromma44 on August 07, 2016, 02:32:31 PM

Quote from: bit1 on August 07, 2016, 02:19:51 PM

Quote from: Superbitzz on August 05, 2016, 05:25:06 PM

that is not right even to think so, it is fact that the price of bitcoin wall coming down to such a low level, bt now falling of bitcoin stop any more because there is a very strong support to bitcoin in 550$ and the price of bitcoin is really trading above 550 USD. and now the people have started buying bitcoin again therefore i am hopeful that the price of bitcoin will increase and not decrease i can expect that the price of bitcoin will easily cross the 1200 USD level at the end of this year 2016.

I do not think the bitcoin price will go below $500 again unless there is another big bad news such as the bitfinex hack.

The probability of that happening is not negligible.
All over the world, exchanges deal with huge amounts of customers' money, and not all of them have fool-proof security measures.
Unfortunately, when some exchange goes under, Bitcoin's price gets affected.

The price has become very difficult to predict when it is not one thing it's another.

yes and no one can predict what will be the situation tomorrow either it will be higher or lower so we need to keep active watch on price movements and take action accordingly.

There is no need to watch the price if you do not trade. I think it is better to concentrate on making more bitcoins.

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Quote from: bit1 on August 07, 2016, 02:19:51 PM