Why does everyone always say this the same as in 2013? This is not the same as the 2013 event! But I will not fuss about it. I prefer to enjoy the profits at current prices, so I've sold half of it and held some for next "laps".
That is for safety reasons dude. If bitcoin is spend continuously in exchange and other online sites, it direct or buy by some set of people and destroy it. I personally do not want that to happen.
Whenever price hold it for 6 months, market cannot manage it without proper supply in the marketplace then price will stable in some range.
Many people are selling out their bitcoins because it is $4000 now. But I think it is pretty soon. I am aware of the instability in bitcoins prices but the point is what the problem is if the prices tend to rise up more than demolishing.
It should be actually a good new to all bitcoin holders. Still, everyone's own free choice! Nobody is going to destroy bitcoins anyways.
This is just normal and I think we already set a new mental barrier for traders, that is $4000. We have seen a price correction the last 24 hours from a high of $4500 to $4100. But this is a healthy price correction so that new faces can enter into the ecosystem bringing fresh influx of cash. Let us see where and how it will pan out this time and see if you can go $4500 again.
Yes, Bitcoin Prices will continue to rise until the year 2020. Moreover, the increasing interest of the world community to Bitcoin. So keep your BTC amount and wait until 2020. Do not forget to keep both your account from a naughty hacker.
I like to see a periodically rise in the price of bitcoin rather than very big rally,because when there is a big rally and sharp increase in price we would see a sharp correction,which i am not really interested to see,but as time goes the price of bitcoin will rise and i could not imagine what the price would be when it comes to the next halving.
The next halving in around two years time will be another milestone for bitcoin. Price could potential grow by folds maybe reaching $10000. I agree, we don't want the price of bitcoin rose in just few days and thinking that it is a bubble that will burst anytime soon. But rather a slow but steady phase as this rally makes me cautious. But I'm not worried because I know that bitcoin would not experience a major crash right now because we have yet to arrived into Segwit actual activation.