Topic: Bitcoin at an all time high - page 2. (Read 2220 times)
I never saw so mutch BS in 1 message. Are you suggesting that it is possible that there wont be a next dip? No, just no. There will. Technical issue's like BU and Segwit, China , rising altcoins and tons of other stuff can cause dips. When you think there wont be an another dip then bitcoin is not the right investment or currency for you. Dips will happen. Down movement will happen. We are in a 2 year bull market now, but you forgot about 2014 / Or 2015 ? We didnt only go up. And you forgot all the Pboc dips? Or ETF dip ? Many will come , thats the game.
The next dip will probably not happen soon. Price is going strong so far. $1200-1300 looks like the stable price which is huge for bitcoin. New support coming from different sectors are coming in the bitcoin ecosystem as well. $1500-2000 is not within the price and within the end of the year. ETF is already a milestone in bitcoin history, rejected or not, price of bitcoin is getting stronger. So next dip if ever there is one is lacking positive IMHO.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
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.
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 $1600 will come in about 2 months. We're going slow and steady the way we should be.
waiting for a dip to buy bitcoin is actually a good thing not a bad one. but the bad thing is keep waiting even after the dip happened.
first thing to do is always to know the market and see the news to try and predict if there is going to be a dip or is it over now. for example right now there is no reason for a dip.
then the next step is buying as soon as price went down even a little. but most people fail at this step because they think it is going to go lower or they panic so they keep waiting until price is back up and it is too late.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
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 $1600 will come in about 2 months. We're going slow and steady the way we should be.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
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 $2000 in the coming years and in hindsight, right now would be a good buying opportunity. We can never really know.
I think in coming month March we will see the price surely reaching the 1300$ mark and by the end of this year 2017 we will see that the price has already crossed $1500 and maybe even $2000 as most people believe that.
I agree with your opinion . bitcoin is currently predicted to be approaching 1300USD. and at the end of the year could reach bitcoin price range 2500USD. something that a reasonable increase in price of a bitcoin. everyone even expect bitcoin has a much higher value.What you are saying about the reason for this price bump in this year, there is no halving or chirstmas bubble on these recent months so most of them don't know about it. I think we are huge adoption in rate wise, when we see the comparison from 2014 to present. We need to wait and watch to see the prefect price of bitcoin in coming December.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
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$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
Well said, I also believe that Bitcoin getting rarer each day because of the lost access to the address by its owner will definitely increase it price. In addition of people adopting Bitcoin, more demand, getting lesser supply, the price value will be an uptrend if we plot this in graph. We then can see Bitcoin beating its ATH from time to time until it become more stable due to the saturation of the market.
With the law of economics and the ever-decreasing block reward theoretically bitcoin MUST increase in price or else it will fail as a currency. When miners are getting paid less and less BTC the value must go up or else there will be a decrease in miners. Also, when there is a small amount of BTC being created with increased adoption, the price per bitcoin must go up or else there simply will not be enough bitcoin to go around. Some day we will reach the point where either bitcoin fails as a currency, or that units such as uBTC or even satoshi must be used to pay, as some people will not be able to even acquire an amount such as 1 BTC.
With 21 million bitcoin and 7 billion people in the world, that is 0.03 btc per person, and thus that amount must be worth enough to be worth at least the average income in the world which is 10,000$.
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$.
Of course not everyone will adopt but if bitcoin is to reach a reasonable goal, something like 1 or 2 billion people owning bitcoin would be ideal.
I think in coming month March we will see the price surely reaching the 1300$ mark and by the end of this year 2017 we will see that the price has already crossed $1500 and maybe even $2000 as most people believe that.
I agree with your opinion . bitcoin is currently predicted to be approaching 1300USD. and at the end of the year could reach bitcoin price range 2500USD. something that a reasonable increase in price of a bitcoin. everyone even expect bitcoin has a much higher value.
We cannot be certain of our prediction with bitcoin and being higher of its price all the time is not possible, because it will varry due to some changes of the mind of the people who has their own decisions particularly with tradings. The right thing to do is always be updated with the currenct price status, and have your own analysis with the price movement until the present updates.
Where from here? and predictions for 2017 ? How about the next dip?
I myself think dip at $1,300 but finish the year at $2,500 to $3,500
I myself think dip at $1,300 but finish the year at $2,500 to $3,500
missed it by $4
Hopefully what you are saying is true. When we try to get carried away by the the prices of bitcoin, we tend to get panic and worried that it may fall anytime soon. However, if we just look at it as just a number, then we are all good and continue what we are doing and before we know it, we have amassed big amount of bitcoin in the future and the price may or may not as high as today.
personally i don't really care what bitcoin does in the near future. if the market wants a rest it's earned it.
it managed this without china, without sorting out any scaling and with the etf thing up in the air. let's imagine what it could do if all the gripes were sorted out.
Probably a new top in the next two months....consolidate for 6-7 months and make another ATH.
Are you sure? The price is soaring like crazy right now. People seem to be hyped about Coin ETF and refuse to sell.At this speed we could reach new ATH not within 6-7 months but 6-7 days or even less.
I didn't expect to see the price finally demolish the all time high today, but I can happily say that it did. I just hope for some calmth as this increase is nice of course, but I aim at more sustainability.
My guess is that we will see the price increase to around $1250-$1300 where after that we'll more or less hover between $1100-$1200 for a couple of weeks to a month before we can move to the next target.
My guess is that we will see the price increase to around $1250-$1300 where after that we'll more or less hover between $1100-$1200 for a couple of weeks to a month before we can move to the next target.
Hopefully what you are saying is true. When we try to get carried away by the the prices of bitcoin, we tend to get panic and worried that it may fall anytime soon. However, if we just look at it as just a number, then we are all good and continue what we are doing and before we know it, we have amassed big amount of bitcoin in the future and the price may or may not as high as today.
ETF news alone had a significant impact on exposure, there is a chance for the big guns to focus more on bitcoin ETF approved or not. time will tell.
I didn't expect to see the price finally demolish the all time high today, but I can happily say that it did. I just hope for some calmth as this increase is nice of course, but I aim at more sustainability.
My guess is that we will see the price increase to around $1250-$1300 where after that we'll more or less hover between $1100-$1200 for a couple of weeks to a month before we can move to the next target.
My guess is that we will see the price increase to around $1250-$1300 where after that we'll more or less hover between $1100-$1200 for a couple of weeks to a month before we can move to the next target.
I think so too, the ETF is not guaranteed but already priced in. I think its pretty steady for a while and if ETF is rejected we see a dip
no way is it guaranteed and no way is it priced in if it passes either. once all of the shares are sold then they have to continue buying coins. there are enough shares to sell for a long time but at some point they have to look elsewhere.
I Agree for the ATH transaction fee.
I don't see the price increase dramatically in March.
Everybody is expecting an increase with ETF approval, but I think we have already witnessed that increase.
I expect the price to stay stable for a few weeks now. And after that, who knows...
Everybody is expecting an increase with ETF approval, but I think we have already witnessed that increase.
I expect the price to stay stable for a few weeks now. And after that, who knows...
I think so too, the ETF is not guaranteed but already priced in. I think its pretty steady for a while and if ETF is rejected we see a dip
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