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Topic: Bitcoin Price (Read 1543 times)

hero member
Activity: 672
Merit: 500
April 02, 2016, 11:25:23 AM
#37
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.
But, we can expect some price increase very soon as bitcoin prices are trading within a range and looks very stable. This kind of stable prices are usually will lead to very big price jump in short-term itself. So, get ready to another wave of very big price appreciations.

Yes you are right we can expect major price hike in next few months, the price is stable now and its good to see that is not going below $400 since long time.
legendary
Activity: 1554
Merit: 1054
April 02, 2016, 11:22:25 AM
#36
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.
But, we can expect some price increase very soon as bitcoin prices are trading within a range and looks very stable. This kind of stable prices are usually will lead to very big price jump in short-term itself. So, get ready to another wave of very big price appreciations.
full member
Activity: 205
Merit: 100
April 02, 2016, 12:44:23 AM
#35
No one can tell what the bitcoins exact value will be, theres only a speculation or opinion
hero member
Activity: 2310
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April 01, 2016, 11:40:15 PM
#34
Although we are seeing some stability of its price, if big whales want to manipulate it, they can via trading and there is not much we can do , until they get their things done. Hope this scenario will never happen in Bitcoin.


Price stability is also good because it gives us the regular income without fearing of the value getting decreased... But for many days the price is still increasing slowly. lets see what happens and expecting the best to happen.

Price is stable at a moment and we will see higher price at the time of halving but its really difficult to expect that price will be stable for more time.

Price is stable without increase or decrease for a long time. Only very small variations were felt. With this everyone expectations has moved towards halving.
hero member
Activity: 1162
Merit: 547
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April 01, 2016, 01:53:42 PM
#33
This could only happen in the case when the internet collapses due to some warfare like nuclear wars or world war iii.
But this is just an imagination. Looking at the present statistics the price of bitcoins is just rising, though slowly.
hero member
Activity: 952
Merit: 1000
April 01, 2016, 12:00:31 PM
#32
Although we are seeing some stability of its price, if big whales want to manipulate it, they can via trading and there is not much we can do , until they get their things done. Hope this scenario will never happen in Bitcoin.


Price stability is also good because it gives us the regular income without fearing of the value getting decreased... But for many days the price is still increasing slowly. lets see what happens and expecting the best to happen.

Price is stable at a moment and we will see higher price at the time of halving but its really difficult to expect that price will be stable for more time.
hero member
Activity: 714
Merit: 500
April 01, 2016, 11:56:32 AM
#31
Although we are seeing some stability of its price, if big whales want to manipulate it, they can via trading and there is not much we can do , until they get their things done. Hope this scenario will never happen in Bitcoin.


Price stability is also good because it gives us the regular income without fearing of the value getting decreased... But for many days the price is still increasing slowly. lets see what happens and expecting the best to happen.
copper member
Activity: 1442
Merit: 529
April 01, 2016, 11:38:39 AM
#30
Although we are seeing some stability of its price, if big whales want to manipulate it, they can via trading and there is not much we can do , until they get their things done. Hope this scenario will never happen in Bitcoin.
hero member
Activity: 767
Merit: 532
April 01, 2016, 02:23:05 AM
#29
You cant. Period
hero member
Activity: 714
Merit: 500
March 31, 2016, 01:52:29 PM
#28
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.

yeah mostly this price would get continued for a long term as bitcoin is not getting a steep increase for a long time. If you examine the chart the price jump from $400 - $425 looks to be the only steep rise recently.


Agree with you price is increasing very slowly and not sure when we can see the hike.However it is the time to buy as welll coz the price is good and after some long time will see the good reward for the decision what we have taken.
full member
Activity: 210
Merit: 100
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March 31, 2016, 12:00:32 PM
#27
Well we cannot always say how much is the price value of a bitcoin it always depends on the demand which will makes it high and low sometimes. Bitcoins always change rate from time to time that it cannot always be the same as per day to day transaction...
legendary
Activity: 1862
Merit: 1015
March 31, 2016, 10:49:48 AM
#26
Well I'm imagine this when bitcoin first time occur on 2009 and I'm realized on 2010.
At the first, I have no interest at all and until now I still can't believe that bitcoin ever reach $ 10.000 / btc
Yes , it was very unexpected !

But today you ask the same thing just like happen on 2009,
My answer will be : nobody know how much bitcoin worth on the future one day, but as long as I believe on bitcoin and other people believe too, bitcoin still be valuable currency that last forever
legendary
Activity: 1652
Merit: 1000
March 31, 2016, 10:23:29 AM
#25
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?
i guess every bitcoin users already know the risk even someday they wake up on the morning and see their bitcoin be worth nothing they will be take that risk because we will never know what happen to bitcoin in the future and now just enjoy your own bitcoin before it becomes worthless
legendary
Activity: 2422
Merit: 1451
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March 31, 2016, 10:12:43 AM
#24
If you don't mind trusting third parties, you can create an account in any exchange to trade at prices you feel comfortable with and store funds as FIAT balance. There's also tether.to and uphold.com which supposedely do the trading for you when you choose to do so and give you the ability to store funds as FIAT balances.
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
March 31, 2016, 09:40:16 AM
#23
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.

yeah mostly this price would get continued for a long term as bitcoin is not getting a steep increase for a long time. If you examine the chart the price jump from $400 - $425 looks to be the only steep rise recently.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
March 31, 2016, 08:59:40 AM
#22
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.
Bitcoin's holding relatively steady, with a lot of bitcoin being fed into bitmain, because people are massbuying s7s hoping to catch the halving train and hodl. After the halving, i assume bitcoin price will rise very quickly, but atm nothing much. Bitfury is holding their 16nm chip atm and no new news coming from bitmain other than batch 15 s7s, which are probably used, which is why they are offering such a low price. Don't expect to roi unless the price of bitcoin hops tremendously, which could happen but is not a possibility right now with such stable prices.
hero member
Activity: 938
Merit: 1000
March 31, 2016, 08:45:16 AM
#21
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.

I think it will continue to be same in next couple of months as price is stable at a moment and we are not seeing any major increase in the price of bitcoins.
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
March 31, 2016, 08:43:02 AM
#20
Price of bitcoin can be just speculated. The price can't be judged exactly. As developed the price of bitcoin would vary accordingly with minor fluctuations all time. Even now the price is around $415 for a long time with limited increase and decrease.
legendary
Activity: 1146
Merit: 1006
March 30, 2016, 12:33:46 PM
#19
Well thats the thing my friend, no one say for sure but still satoshi publishd the work and till now people are using it. And as the world goes more towards digitization for eg the  VR systems,MMOs,etc i think people will eventually turn to a more common currency like bitcoin rather than its own personal system. hpe you getting my point
newbie
Activity: 9
Merit: 0
March 30, 2016, 12:17:42 PM
#18
It's possible. You simply can't be sure this won't happen. As was mentioned above, anything can loose its value overnight.
hero member
Activity: 702
Merit: 1000
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March 19, 2016, 11:09:28 PM
#17
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

How can you be sure you won't wake up tomorrow and cash will be worthless?  Even gold could lose all it's value especially if enough would be found.  People give things value and it can change at any moment for any asset if something happens.
sr. member
Activity: 462
Merit: 273
March 19, 2016, 10:52:30 PM
#16
If bitcoin were to become "worthless" one day, it would be a long process, that you, along with the rest of the community would notice.
hero member
Activity: 1008
Merit: 510
March 17, 2016, 11:54:09 AM
#15
We just don't know if bitcoin will be successful or will fail in the long run.  My guess is that it will last for a long time and will gain in value, but there are no guarantees.  Only invest what you can afford to lose.
sr. member
Activity: 378
Merit: 250
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March 17, 2016, 11:41:46 AM
#14
From what I've read and heard, there are no guarantees that Bitcoin will gain in value.  I think it could lose value so be careful with how much you invest.
full member
Activity: 210
Merit: 100
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March 17, 2016, 09:59:33 AM
#13
We cannot tell how much is the bitcoin price for most of the time it goes up and down with no preferences that anyone can tell. Maybe this is in part of the demand for bitcoin. Its behavior for price are moving very fast so we cannot just say how much is it today it always change..
legendary
Activity: 3528
Merit: 4945
March 17, 2016, 09:56:18 AM
#12
How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

There is intrinsic value in the service (distributed consensus on a global ledger) that bitcoin provides.  As such, the only way bitcoin could be worth nothing is if some flaw were discovered that made it impossible for bitcoin to provide that service any longer.

Far more likely is that you could wake up one day and discover that your bitcoins are worth very little (for example 10,000 BTC = $20).  I personally believe that demand will continue to grow for what bitcoin provides.  Since there is a limited supply of bitcoins, an increasing demand must lead to an increase in exchange rate. This is obvious from even the most basic understanding of supply and demand.  I can't "be sure", but I am very confident.

Here's a question for you to consider...

How can you be sure that you won't wake up one day and your bitcoins will be worth $10,000,000?
legendary
Activity: 3248
Merit: 1072
March 17, 2016, 02:12:45 AM
#11
because the technology behind bitcoin, is the most amazing thign ever created in the last years, and it has a vlaue that is greater than anything else at the moment, this is the reason why banks are interested to it

based on this bitcoin is safe, bitcoin is safe because of its own technology, and self-sustaining network
legendary
Activity: 1946
Merit: 1137
March 17, 2016, 02:04:51 AM
#10
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

you need to look the bitcoin price chart history. also take a loot at the market cap and the daily trade volume.
after that read about how bitcoin is working, and about the security,...

now do you think such a useful and secure technology with this big a market can disappear over night?
price swings around but it is not like you are going to wake up tomorrow and see the price has gone from $414 to $1
even if it goes down it will take a very long time to reach there.
legendary
Activity: 1120
Merit: 1000
March 16, 2016, 10:58:22 PM
#9
even when the price will be going down you have ultimate controll over your bitcoin, you must set up the price where you suposed to sell, but for now i truly believe that bitcoin's price will be stable, moreover after halving for sure the price will be up
legendary
Activity: 1302
Merit: 1025
March 16, 2016, 10:28:26 PM
#8
Honestly I don't think anyone is sure about bitcoin at all. It's about trusting or believing that bitcoin will reach its potential and that it will not just drop it's price one day. Basically, having bitcoin is risk with it's votality specially for those people who invested a fortune for it. The people around here can only hope that nothing bad happens.
legendary
Activity: 3234
Merit: 1214
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March 16, 2016, 09:54:20 PM
#7
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

Just by the trust made over the entire bitcoin users, we can be sure that the value won't go to worthless in a day's time.
sr. member
Activity: 434
Merit: 250
March 16, 2016, 08:44:51 PM
#6
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

You need find information about speculation or prediction for the price of bitcoins, so you can anticipate when you know someday the price is going down.
newbie
Activity: 4
Merit: 0
March 16, 2016, 03:07:44 PM
#5
Thanks for the replies! I have also been surprised by how helpful the bitcoin community appears to be. Makes it misleading, as i'm sure there are just as many people trying to help as there are trying to scam, if not more. But I appreciate the feedback
full member
Activity: 160
Merit: 100
March 16, 2016, 03:03:57 PM
#4
You can't be sure that your bitcoins won't drop down to 0. But I'd like to believe that the likelihood for that is low. I hope that the price will either remain stable or rise, but there's a chance that it won't. It's just like life, really. There's a small chance that you could die each day, but you hope you won't. No risk, no reward... but you always risk something.
legendary
Activity: 3066
Merit: 1147
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March 16, 2016, 02:56:51 PM
#3
The only thing needed to for a currency is a belief in the value of that currency. Sine people do not believe for no reason we can look at what makes a good currency and why it warrants our faith.

1. Fungibility - each unit is the same as any other.
2. irreproducibility - it is not cost effective to counterfeit.
3. scarcity - supply must not exceed demand by a large margin.

To make a currency better than Fiat, like the dollar, it should also be...

1. Fair - not under the control of anyone. The price, the supply, the distribution are beyond any ability to control.

2. Digital - this is really only better when transacting electronically. Since most of your money is now done on computer networks bitcoin is generally better in this regard. 

3. Universal - only bitcoin can pay anyone anywhere. No matter where in the world the parties are.

The real question is whether or not fiat money will survive.
legendary
Activity: 1078
Merit: 1024
March 16, 2016, 02:41:32 PM
#2
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?

No way to be sure, I've always been worried that a major exploit could bring the price down to 0.
Considering it's not physical, it's something that could happen.
newbie
Activity: 4
Merit: 0
March 16, 2016, 02:28:54 PM
#1
I am new to bitcoin and the forum, I find bitcoin to be fascinating and have purchased books and a cheap usb asic miner to get a better understanding of how this system works. I am still skeptical that bitcoin has the ability to be maintained in the long run. How can you be sure that you won't wake up one day and your bitcoins will be worth nothing?
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