Topic: Is bitcoin done? (Read 2815 times)

Here I will forecly suggest that don't sell your bitcoin Currently , reason is behind this suggestion is that suppose you bought the bitcoin at 950$/btc ( average of your both time buy price of the bitcoin ) , so here you need just wait for more because your Profit is not much more yet you get , most of the people turned Thier Profit to about 30-40% until they get , they hold for long time , so take your patience with your mind greediness and hold it until it reached about atleast 2000$/btc .

Its because other countries are bewatching the effect of the bitcoins adoption in japan and im sure that if they see some improvements on it well other country will follow to adopt bitcoin since it has a good factors where other e currency cannot give unto them. But for now maybe they are debating about bitcoins existence but when the times bitcoins pressence will spread well not only Japan,Philippines or other unmentioned counties surely others will follow them by using bitcoins in their transaction cycles.

Widespread is a good and a must for bigger growth in the value. As quoted the price might reach $2000 by the middle of the year. This won't be because of the Asian countries, because Japan alone has got legalized usage, other country people have started using it but governments can take any decision any time. Korea is much into regulating their own digital token and not about bitcoin.

It seems like there is almost a domino effect where bitcoin gradually gains more and more government approval. Governments can use the success of bitcoin approval in other countries to argue for approval in their own countries. If this trend continues, Bitcoin will essentially never die. It is nowhere close to being done.

Bitcoin now are widely use not only on japan and Philippines but in all asian country especially china and korea. BTC will be soon at 2000$ price before the mid year.

There is no chance to see the bitcoin in low and it give dips in the chart for sure. However, you can still buy the bitcoin now and hold for future because the bitcoin value will rise for sure in future.
As Japan and Philippines adopted bitcoin as in use. Now, Aussies also planned to implement the bitcoin in their country. It will give huge adoption rate on bitcoin. We will see the big price in chart for sure.

Why is it that these are the last time that we can see something like this? I know the price right now is very unbelievable and I was shock that it is still rising up and now that the price has make it to the $1800 mark it is still possible that it can increase a mile notch up until it reach $2000 mark value, in my opinion it is still good and it not done yet until bitcoin is fluctuating upward you still have a chance to come back!

Surely not even *you can seriously believe that garbage you are claiming ?  

You think the B.U. guys are stupid enough to try for a hardfork the moment it touches 51% (*if it ever does, which is unlikely) ?

Ignoring the fact that the attempt would likely *fail - From my understanding of the protocol, 51% is just when it becomes theoretically *possible, but still *very unlikely.   They need to reach more like 75-80% to stand a reasonable chance of maintaining a dominant chain position.   and I doubt that they will ever get anywhere near that.   Most smart Miners would know better than to allow a single entity to have control over that much hashing power and would leave their pools long before that.

They have already shown (multiple times) that they aren't competent to even *maintain any sort of existing reliable codebase (much less any innovative new developments) with several completely-unanticipated bugs in their bodgy fork , *and then they *rush ad-hoc fixes out with *no-significant testing period to ensure they arent making things *worse with their hurried patches..

and *If they *were stupid enough to try without a significant majority margin, I think they would *immediately lose a lot of their support, since any attempt at 51% would clearly demonstrate that they are not at all interested in a consensus or the interests of the users, but would be simply trying to wrest personal control over it by force and damn the consequences that could result to the bitcoin ecosystem from a hostile takeover attempt..

Are *these the sort of people you would want to place newly in charge of a project that.. with the current devs, has a proven track record of reliability and security for *8 years now ?   I know that I don't..

As has already been pointed out, The majority of Exchanges will *not even *list BU until they have implemented some form of replay protection, which they are unwilling - and probably *incapable of - doing. especially at this point.

*Then, *if they do protect against replay, Most exchanges have said that they will list Unlimited as "BU", *not "BTC" to avert the problems of two closely matched chains swapping dominant positions - possibly repeatedly - until the dust settles.   The BU community has still not come up with any answers to the exchanges statements except to sulk.

your claim of "'We' will probably go from ATH to crappy altcoin in hours" *has to be deliberate FUD, or if you *really do believe that, then it shows that you have *no fundamental understanding of what would happen *if the blockchain was to hardfork and should be ignored as obviously clueless.

Also, Whats this "we" stuff pale-face ?    

You keep trying to use that term to try to sound like you are "a bitcoin supporter" and give your blather some credibility (hahah), but *everyone here knows that you have done nothing but talk crap, attempt to spread FUD, and jumped gleefully on shouting every vaguely imaginable doomsday scenario you can from the treetops, then going silent (for a while) when you are proven (again and again) to be be utterly wrong.

In fact, I would probably be annoyed by your monotonously predictable kwack-ing, were it not for the fact that one of your posts is nearly always a *good sign (and worth a laugh), since history shows you make a *great contrary indicator.  So Kwack away little ducky, you are just convincing me even more that we are on a good path, simply because you dont like it.

Hows that "Obviously overvalued, *My TA "Team" predicts an immediate crash to 180 and then down into double digits within a couple of weeks" bet you made a couple of years back looking now ?   Just think, you *could have been up *10x up on an investment if you hadn't been so intent on FUD'ing..

Ah Kwucky.  do you often get the feeling that "The *purpose of your life is to act as a good example for others of what *not to do" ?

I would if I were you.

(want to bet he just ignores this post, like he ignores all inconvenient facts that contradict his "visions") ?

This topic was made in march 2017. I don't know what you are talking about, Bitcoin hasn't tanked yet and it is still rising a lot right now. You definitely shouldn't sell now, unless you don't want to make more money.

Yea sure and next week or so it will hardfork and crash the complete btc economy. This is pretty much the end. We will probably go from a new ATH to being a crappy altcoin in a matter of hours when the fork happens.

Did you look at the date when the OP created this thread? Its post 1st ETF rejection. That's what his sentiment that time.

Moving forward to May, a lot has happened ever since, Japan has adopted bitcoin already and the request for the second review on the ETF application was granted by SEC. The price of bitcoin now is going strong, thanks to Japan for leading the way. I hope the OP didn't sell and hold on to his precious bitcoin because if he did, then he will have gain a lot of profit from by now. He say's he in for the long term, so I'm assuming he still has it.

What are you talking about?
Thr bitcoin price is OK.Your thread is totally irrelevant and meaningless.
You made some profit with your savings if you didn`t sell your btc.

Japan just approved bitcoin and it is making new highs. Bitcoin is far from being over, in fact its just getting started

NO bitcoin is not done at all.It is just the beginning of a new revolution.With the advancement of acceptance of bitcoins in the country like japan,it may have a possibility that other countries might even accept bitcoins and if it done ,we may see that the price of bitcoins would rocket upto 6 digit figure.

Well for my opinion Bitcoin will surely recover even though ETF rejects it,
So for my opinion you should keep your bitcoin and wait for it to recover and get high again,

That's right. What is the main rule of trading? Sell when the price is high, buy when it's low. If you really wish to make some money today don't hurry to buy or sell bitcoin. Learn the market and look what other traders do.

When you talk like that you actually make some sense. You're obviously smarter than you act a lot of the times on bitcointalk. What exactly needs to be done in order to fix it though? No one can agree so the only thing I can see happening is a hard fork.

I do not think Bitcoin life is ETF, and thinking of it is a Big LOL.  Bitcoin is fine even without this ETF thing.  I really think that the rejection even do a good thing than Bitcoin's ETF being approved.  Market will surely react whenever there is "bad"  press coming out but actually it was a good one for those who are buying Bitcoins since they bought it at cheaper price.

Definitely a ride lately, and over the last few years or so.  I've decided after this last fiasco, that wasn't that bad, to just ignore bitcoin for a while, let it flourish without looking at it daily or that often ;-)

I cashed out a decent number of coins here over $1100+ price and just left a nice large round number now in an offline cold storage wallet.  Will check out things say towards Summer, End of Year, and in few years when halving occurs.  But will likely see BTC in the news anyways so that'll be the new source of info for me, versus watching the charts and specific sites too much.  :-)

That way I hold, or hodl as you guys love to say without stress.  I'm confident that in a few years, I'll be very happy doing this...

If you really are in it for the "long hall" (it's haul, btw, but w/e) then you're going to need to grow some stones. If you are going to whinge every time adversity crops up, do us all and yourself a favor and just head for the exit already.

Don't be a weak hand, bro. If you sell now, you'll just end up buying back in for more later.