Bitcoin. Long or short? | Bitcointalksearch.org

Bobsurplus

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Making money since I was in the womb! @emc2whale

Quote from: Wind_FURY on December 11, 2016, 10:16:16 PM

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

What does "deserve" have to do with it? Bitcoin's growth has more to do with its growth of being used. Bitcoin's niche markets are those that are not served by the banks. That means the dark markets, the criminal underground, the hackers and all the others that want to circumvent regulation. This is ignored and despised by most in the community but do not underestimate the value it brings to Bitcoin.

Deserve has a lot to do with it. After so many years btc deserves its spotlight shot and this may be it. And please dont forget about all the legit uses of btc, you sound like a fudder from 2013. The billions of unbanked would be a good place to start.

Bobsurplus

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Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: pitham1 on December 10, 2016, 12:08:37 PM

Quote from: Bobsurplus on December 09, 2016, 11:29:42 PM

Quote from: maku on December 09, 2016, 09:06:22 PM

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

It would require a 50-60% hike in 20 days. I hope that it doesn't happen because these kind of surges are invariably followed by drastic falls and disillusionment of a large section of the population.

Anything is possible, its just not likely.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

What does "deserve" have to do with it? Bitcoin's growth has more to do with its growth of being used. Bitcoin's niche markets are those that are not served by the banks. That means the dark markets, the criminal underground, the hackers and all the others that want to circumvent regulation. This is ignored and despised by most in the community but do not underestimate the value it brings to Bitcoin.

alyssa85

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CryptoTalk.Org - Get Paid for every Post!

Am neither long nor short. Am in fiat the the moment.

The Federal Reserve meets on the 13th - 14th and is likely to raise interest rates. Usually this means the dollar strengthens and everything else weakens. But with bitcoin we might see people from the weakening currencies (China etc) pile into bitcoin to preserve the value of their money.

It is just too hard to tell what will happen, so am sitting it out.

DonQuijote

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Activity: 1551

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♠ ♥ ♣ ♦ < ♛♚&#

Now im long, but i change when btc price says "i'm downing"

Denker

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Activity: 1442

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I'm long!
It might drop during the bull run I believe we will continue over the next year.
The chance of a new ATH is very likely imo.It may not happen as quick as some expect, speaking Q1 or Q2, but we will see it happening.
So yes I'm bullish for the next year.

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: BitcoinHodler on December 11, 2016, 09:32:22 AM

i have tried short but i was never that successful about it, i made small amounts but i was so stressed and also worst part of it for me was the massive amount of time it took for me to do it.

so now i am only a bitcoinhodler and i always go long Cheesy

much easier and more profitable.

It would really stress you out if you are a short trader on bitcoin but some could able to manage those things and could able to make money or profits on a short period of time but it really depends on a trader on which trading style that really suits for him. Same as yours i do experience such thing thats why i decided to go for long. Grin

BitcoinHodler

hero member

Activity: 1456

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HODLing is an art, not just a word...

i have tried short but i was never that successful about it, i made small amounts but i was so stressed and also worst part of it for me was the massive amount of time it took for me to do it.

so now i am only a bitcoinhodler and i always go long Cheesy

much easier and more profitable.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: piloder on December 11, 2016, 09:00:03 AM

Bitcoin have limited supply and there are lots of new merchants, stores started to take bitcoin payments these days which gonna increase the demand for bitcoin so price on long term will rise for sure. Yes i am buying bitcoin and holding them tightly, i don't worry about dumping it in small price correction.

I don't think that merchant adoption will lead to a higher price in the long term. Mainly because of the fact that they are not accepting Bitcoin directly.

The greater majority of the merchants make use of payment services that convert all their Bitcoin sales to fiat which they get on their bank accounts within 2 days.

More merchants accepting Bitcoin will translate into more pressure on the price. We need more merchants holding their coins directly as that will impact the price positive manner.

However, due to the volatile nature of Bitcoin there won't be a lot merchants willing to do so. It might cost them a big part of their revenue at the time the price plummets.

piloder

legendary

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Bitcoin have limited supply and there are lots of new merchants, stores started to take bitcoin payments these days which gonna increase the demand for bitcoin so price on long term will rise for sure. Yes i am buying bitcoin and holding them tightly, i don't worry about dumping it in small price correction.

xavier77

sr. member

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Xavier

Bitcoins are online crypto-currencies and are not subjected to dissolving. Fiats and gold and other precious items are subjected to price hikes abd might be priceless one day. However, bitcoins are a fixed amount and so their price will always lie in a certain range. In India after demonetization people are buying bitcoins and this is happening in the rest of the world too.

BlackPanda

legendary

Activity: 1414

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Quote from: cakravothy on December 11, 2016, 04:43:49 AM

in end year 2016 and early month 2017 short
bitcoin price can down in christmast and new year
much people can selling bitcoin to get cash money in christmast and new year holyday

so true . all possibilities can occur. bitcoin sometimes make us confused. but this is the way most people to make a profit.
they buy at a cheap price and then sell at high prices. bitcoin really fantastic.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

I am always long on bitcoin, people used to say its good to buy all bitcoin under $700 few months ago and now any price under $800 is good. Next year it will be anything under $1000 will be good price to enter and obviously price will keep hitting new ATH frequently in coming years. So better to hold and buy more that you can afford to buy. Grin

cakravothy

hero member

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Chainjoes.com

in end year 2016 and early month 2017 short
bitcoin price can down in christmast and new year
much people can selling bitcoin to get cash money in christmast and new year holyday

Amadues

hero member

Activity: 924

Merit: 1001

Of course ... LONG! This seems a good period for take some btc and price is very good actually.
I think a little pump could affect during Xmas holidays, but price seems to be even stable.
Probably we are going to see a good 2017 for all of us!

HateEU

member

Activity: 89

Merit: 10

Lol i think that bicoin is great atm and it will be more and more great and it will not fail because big price why it should when bitcoin is more and more expensive price of product will be lower and lower so it is same for us.

propcorn

newbie

Activity: 37

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bitcoin is on bull side right now, I expect price to rise

pitham1

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Quote from: Bobsurplus on December 09, 2016, 11:29:42 PM

Quote from: maku on December 09, 2016, 09:06:22 PM

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

It would require a 50-60% hike in 20 days. I hope that it doesn't happen because these kind of surges are invariably followed by drastic falls and disillusionment of a large section of the population.

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: maku on December 09, 2016, 09:06:22 PM

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Biticon deserves new ATH, all right. But do we really have base for it in 2016? I don't think so. With only 20 days left until end of the year price spike of 100% is impossible.
It is true that we did not have any hacks/fails and uptrend it here but that is still not enough.
We need to wait for bitcoin related projects in 2017 to take effects (SegWit is not activated and I want to see price after BitCache will go live) - so the price can move.

While I almost agree with you I do think if the market makers wanted to we can see a new ATH by new years eve but more realistaclly its coming in 2017. One can always hope though.

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: Zadicar on December 09, 2016, 12:59:33 PM

Quote from: rikky05 on December 09, 2016, 07:41:00 AM

Quote from: Bobsurplus on December 09, 2016, 04:45:04 AM

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

Obviously anyone getting short at this point deserves to lose money, it's like waiting months and months for something to come and when it finally comes, you chikens out and sells at 20% gain. lol

For active traders they will definitely short but for some investors and bitcoins users they will eventually go for long. In my case i will short on this price since im an active trader and i do enjoy profits when bitcoin moves it price but still there are some portions that i lend for long positions.

Good luck. Shorting this is a dangerous game!

Topic: Bitcoin. Long or short? (Read 1678 times)