Bitcoin: Should you stay or should you go? - page 11.

BruceSwanson

newbie

Activity: 42

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Quote from: BruceSwanson on October 13, 2015, 03:20:35 PM

To convince any skeptics, tell them to substitute the word "blockchain" for "bitcoin" in a lot of discussions about the latter. (It doesn't always work but often enough it does.) . . . Tomorrow, individuals and companies will hash whatever data they need to preserve, use that hash to create a bitcoin address, and then send some fraction of bitcoin to that address. Voila, unalterable proof that their data existed by an exact date and time . . .

In light of what I posted on October 13 (see quote, above), I got a reflected sense of validation in reading the quote below, published October 29, on a WSJ blog site (Google: Barry Silbert's DCG Slows Down Bitcoin Deals)

Quote

We advise, cross out ‘bitcoin’ where you can and put in ‘blockchain.’ It’ll solve most of the problems,” Mr. Selkis said, with a smile. . . Blockchain is a distributed database where bitcoin transactions are recorded. Some startups are trying to use the bitcoin database to record other information.

Make it a right-click function. Fast and easy does it.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: chennan on October 21, 2015, 06:58:55 PM

This will be inevitably easier now for investors (in the U.S.) to do "legit" investing with the help of Gemini now... Even though I don't necessarily support them, in terms of providing to much personal information; it will help mainstream adoption, and get major investors into the game I think.

I have the impression that the recent price rise is caused by the establishment of Gemini. It will help bitcoin into main stream. People will not be afraid of stealing coin by exchanges.

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: spirit of btc on October 21, 2015, 06:05:01 PM

Stay... day by day more and more people learn about Bitcoin and investors learn that it's more important than they thought and invest more

This will be inevitably easier now for investors (in the U.S.) to do "legit" investing with the help of Gemini now... Even though I don't necessarily support them, in terms of providing to much personal information; it will help mainstream adoption, and get major investors into the game I think.

spirit of btc

full member

Activity: 153

Merit: 100

Stay... day by day more and more people learn about Bitcoin and investors learn that it's more important than they thought and invest more

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: Betwrong on October 17, 2015, 11:58:39 AM

Quote from: harizen on October 15, 2015, 08:07:10 AM

Quote from: Betwrong on October 15, 2015, 04:24:02 AM

Quote from: harizen on October 13, 2015, 08:37:05 AM

Quote from: Ankara on October 13, 2015, 05:54:00 AM

We should not leave Bitcoin even if prices drop.
Bitcoin's acceptancy will keep grow, feel secure.

There should be at least limit of price drop. Don't just trust Bitcoins. Trust all the factors that can move Bitcoin prices. For example if Bitcoin price will drop to let's say $10 or $2 as an example stated above. Do you think the factors of it that's why it reached that mark will not be taken seriously by some miners or individuals? It will taken seriously starting from $100 like the one poster says.

Yes, but this will never happen. I can see no reasons for such drop in price of BTC. Of course we may speculate about it just for fun but seriuosly it's like speculating about what would happen if the US dollar will be cheaper than the Russian rouble. )

LOL at this. I like your positive strong faith in Bitcoin. Keep it up

But....

You said the word "will never happen" because you can see no reasons,,,,for now. We should consider every possible scenario that will happen bitcoin including if the price will land @ $100usd mark. This is possible. Faith on bitcoin alone isn't enough to keep the price up.

Excuse me, but I disagree. I think Bitcoin is such a thing that faith in it can keep the price up. If people have faith in it they don't sell it but demand is always there so the price goes up.

i am agree with HARIZEN because if you only keep on faith and not do anything just faith that bitcoin price will go up, theres no anything will happen, you must work for it.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: harizen on October 15, 2015, 08:07:10 AM

Quote from: Betwrong on October 15, 2015, 04:24:02 AM

Quote from: harizen on October 13, 2015, 08:37:05 AM

Quote from: Ankara on October 13, 2015, 05:54:00 AM

We should not leave Bitcoin even if prices drop.
Bitcoin's acceptancy will keep grow, feel secure.

There should be at least limit of price drop. Don't just trust Bitcoins. Trust all the factors that can move Bitcoin prices. For example if Bitcoin price will drop to let's say $10 or $2 as an example stated above. Do you think the factors of it that's why it reached that mark will not be taken seriously by some miners or individuals? It will taken seriously starting from $100 like the one poster says.

Yes, but this will never happen. I can see no reasons for such drop in price of BTC. Of course we may speculate about it just for fun but seriuosly it's like speculating about what would happen if the US dollar will be cheaper than the Russian rouble. )

LOL at this. I like your positive strong faith in Bitcoin. Keep it up

But....

You said the word "will never happen" because you can see no reasons,,,,for now. We should consider every possible scenario that will happen bitcoin including if the price will land @ $100usd mark. This is possible. Faith on bitcoin alone isn't enough to keep the price up.

Excuse me, but I disagree. I think Bitcoin is such a thing that faith in it can keep the price up. If people have faith in it they don't sell it but demand is always there so the price goes up.

MinerHQ

legendary

Activity: 1456

Merit: 1023

I will stay with Bitcoin to make regular profits from its price fluctuations. I make a decent profits from these Bitcoins regularly.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Bitcoin got all the reason to stay with us as well as beyond our generations too. It's just a survival of fittest. The fittest bitcoin will last for ever and will get improved itself with the future requirements as well as future needs and changes....

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Dotakels on October 17, 2015, 06:45:31 AM

Quote from: MinerHQ on October 16, 2015, 07:58:48 PM

Quote from: randy8777 on October 16, 2015, 08:07:14 AM

Quote from: minerbit hill on October 16, 2015, 07:00:31 AM

I stay of course, We're still in the very early days of decentralized digital cryptocurrency. Like any technology, it needs time to mature.

people always chase quick profits. patience is they most important thing of trading but without patience you'll never succeed fully.

That's why one shouldn't go for day trading instead buy and wait for good price to sell later. In day trading most of the people will lose money.

yeah its better to wait to a good price to sell, because you must specialize some equity investment and different fund management and i have read some articles that by day trading they lost much of money.

When is the good price? When is bad price?

Even you look in some bitcoin forecast still one quick news in a second can change the flow of bitcoin price even in a peak price season.

The point here is , if you buy it for low then sell it for high but not waiting much for the price kick. Profit here is clear.

Dotakels

sr. member

Activity: 490

Merit: 255

Quote from: MinerHQ on October 16, 2015, 07:58:48 PM

Quote from: randy8777 on October 16, 2015, 08:07:14 AM

Quote from: minerbit hill on October 16, 2015, 07:00:31 AM

I stay of course, We're still in the very early days of decentralized digital cryptocurrency. Like any technology, it needs time to mature.

people always chase quick profits. patience is they most important thing of trading but without patience you'll never succeed fully.

That's why one shouldn't go for day trading instead buy and wait for good price to sell later. In day trading most of the people will lose money.

yeah its better to wait to a good price to sell, because you must specialize some equity investment and different fund management and i have read some articles that by day trading they lost much of money.

ron7684

member

Activity: 90

Merit: 10

https://www.youtube.com/watch?v=GqH21LEmfbQ

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: randy8777 on October 16, 2015, 08:07:14 AM

Quote from: minerbit hill on October 16, 2015, 07:00:31 AM

I stay of course, We're still in the very early days of decentralized digital cryptocurrency. Like any technology, it needs time to mature.

people always chase quick profits. patience is they most important thing of trading but without patience you'll never succeed fully.

That's why one shouldn't go for day trading instead buy and wait for good price to sell later. In day trading most of the people will lose money.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: IamTalkingaboutmoney on October 15, 2015, 12:02:06 PM

i think bitcoin must stay for a long long time beacuse its important, to buy somthing from the dark net its very usefull

That true most of the people who are into bitcoin business they are using bitcoins for this purpose that's why bitcoins can't grow in bigger way. Many common people mind set says bitcoins usage is only for non legal things. But I would prefer if that mind set change and it become a normal currency to buy most of the items instead only those dark net.

TTMNewsMJ

full member

Activity: 126

Merit: 100

Goodluck for those who will leave the bitcoins. In the future, bitcoin will be the best payment method that we can use. Just wait for the right time.

BTCBinary

hero member

Activity: 504

Merit: 500

Bitcoin is here to stay. It already has an enormous network rinning it and that's the whole issue.

One chain to rule them all!

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: jt byte on October 16, 2015, 09:29:18 AM

At this stage when the bitcoin price is ~$262 i don't think that the price will drop.
Neither for this year, i hope it will reach 300 dollars very soon by this trend.
We should stay

something good is happening Tongue

Im optimistic that it will happen but not that exact $300 but only around that. There is no negative speculation I've been hearing around so maybe chances of getting it to near $300 like in the past months did is possible.

Watch out for more dumpers while the price is kicking.

jt byte

hero member

Activity: 994

Merit: 500

Quote from: bitgolden on October 12, 2015, 12:54:42 AM

Quote from: jt byte on October 11, 2015, 04:17:16 PM

Quote from: neonshium on October 11, 2015, 01:18:03 PM

Quote from: jt byte on October 10, 2015, 08:28:45 AM

Quote from: apriyani420 on October 09, 2015, 03:18:22 PM

i dont think what is the best idea whether to quit from bitcoin world or to stay though i will surely keep my bitcoins and wait for a price increase what will happen in the future i hope

I think that if someone join the bitcoin world will not quit.
At least for me since i have known about bitcoin I enjoy learning about it.
I don;t think that i will quit for a long time maybe or if any big crash happens.

There are no possibility of bitcoin crashing. Bitcoin has survived many years, so we can be confident it's completely bug free. History will repeat. So, bitcoin prices will repeat it's growth and the growth of bitcoin will take it to as a global currency.

Who know that bitcoin will not crash to 100$ for example?
It has survived many years but there is no guarantee that the price will not go down again.
But i think that bitcoin is going good, and many big company will implement to accept payment through bitcoin soon.

Bitcoin may crashes to $100 also. But definitely will not sustain there. When a single attacker wanted to make a low price with his money to be burnt, he can make $100 price in a single exchnage or in multiple exchange but he will eventually fail in a single trading sessions.
The users growth raises rapidly daily. So, the price will follow that very soon.

At this stage when the bitcoin price is ~$262 i don't think that the price will drop.
Neither for this year, i hope it will reach 300 dollars very soon by this trend.
We should stay

something good is happening Tongue

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: minerbit hill on October 16, 2015, 07:00:31 AM

I stay of course, We're still in the very early days of decentralized digital cryptocurrency. Like any technology, it needs time to mature.

people always chase quick profits. patience is they most important thing of trading but without patience you'll never succeed fully.

minerbit hill

sr. member

Activity: 246

Merit: 250

I stay of course, We're still in the very early days of decentralized digital cryptocurrency. Like any technology, it needs time to mature.

OrientA

sr. member

Activity: 462

Merit: 250

Quote from: chennan on October 15, 2015, 12:14:10 PM

Quote from: IamTalkingaboutmoney on October 15, 2015, 12:02:06 PM

i think bitcoin must stay for a long long time beacuse its important, to buy somthing from the dark net its very usefull

Even though bitcoins can be used for purchasing things on the dark net, it shouldn't be known/limited to just being used for that. People have to realize that it's just a more convenient/more reasonable form of currency that is limited in numbers, not like the private banks just printing out money out of no where...

There are so many possibilities for bitcoin, and I hate that it's just seen relevant by most people as a way to pay drug lords on tor.

The proportion of usage in dark net will be smaller if we use it more to purchase/transact in good causes.

Topic: Bitcoin: Should you stay or should you go? - page 11. (Read 34212 times)