Let's Be Honest. We Are Waiting for $100/BTC to buy - page 106.

galdur

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Quote from: gentlemand on May 20, 2015, 12:56:36 PM

Quote from: galdur on May 20, 2015, 12:42:55 PM

Wasn´t there supposed to be a Bitcoin ETF coming to Wall St.? That should create some attention and trading interest. Wonder how that process is going. Good luck, g

It's gone silent for now. I assume the Winklevii had to create a trustworthy exchange to get the ETF even considered as they have to buy coins if more shares are sold.

That exchange isn't going to happen until the Bitlicence is in place. That'll arrive at the end of the month supposedly. Then there's more messing around to do.

They do have the best in the business trying to push it through but they have a lot of stuffy old SEC people to satisfy yet.

Yeah yeah. And the SEC is fully owned by Wall St. and nobody in those quarters is very interested in what can threaten trillions in stocks, bonds, real estate and millions of overpaid jobs.

gentlemand

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Quote from: galdur on May 20, 2015, 12:42:55 PM

Wasn´t there supposed to be a Bitcoin ETF coming to Wall St.? That should create some attention and trading interest. Wonder how that process is going. Good luck, g

It's gone silent for now. I assume the Winklevii had to create a trustworthy exchange to get the ETF even considered as they have to buy coins if more shares are sold.

That exchange isn't going to happen until the Bitlicence is in place. That'll arrive at the end of the month supposedly. Then there's more messing around to do.

They do have the best in the business trying to push it through but they have a lot of stuffy old SEC people to satisfy yet.

galdur

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Wasn´t there supposed to be a Bitcoin ETF coming to Wall St.? That should create some attention and trading interest. Wonder how that process is going. Good luck, g

NorrisK

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Quote from: galdur on May 20, 2015, 12:05:56 PM

Quote from: gentlemand on May 20, 2015, 11:42:51 AM

Quote from: galdur on May 20, 2015, 11:35:51 AM

Well, it´s stable and hovering near a year-low which isn´t really that reassuring but at least it could be worse. The persistent problem for bitcoin remains the same: no volume and no buying. At some point this has to change I guess, the question is when. Good luck, g

It would be very interesting to compare volumes of exchanges vs places like circle, coinbase, localbitcoins. Depending on what country you're in, an exchange is a major pain to obtain coins from. A lot of regular people would go straight to easier places to buy.

There won´t be any volume or buying until it trades on exchanges that can be taken seriously and are trusted. Whenever that happens. I guess it has to eventually.

Yep, as much as some people would hate a bit of centrilization, we need some trustworthy stuff to come around. Big money won't come until it is safe for them.

gentlemand

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Quote from: galdur on May 20, 2015, 12:05:56 PM

There won´t be any volume or buying until it trades on exchanges that can be taken seriously and are trusted. Whenever that happens. I guess it has to eventually.

Once good exchanges are everywhere I still think ordinary folks would prefer 'retail' options.

An exchange with its walls and sell and buy orders is considerably more intimidating than a big, friendly buy button. The exchanges would be feeding such options though.

galdur

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Quote from: gentlemand on May 20, 2015, 11:42:51 AM

Quote from: galdur on May 20, 2015, 11:35:51 AM

Well, it´s stable and hovering near a year-low which isn´t really that reassuring but at least it could be worse. The persistent problem for bitcoin remains the same: no volume and no buying. At some point this has to change I guess, the question is when. Good luck, g

It would be very interesting to compare volumes of exchanges vs places like circle, coinbase, localbitcoins. Depending on what country you're in, an exchange is a major pain to obtain coins from. A lot of regular people would go straight to easier places to buy.

There won´t be any volume or buying until it trades on exchanges that can be taken seriously and are trusted. Whenever that happens. I guess it has to eventually.

arallmuus

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Quote from: Eastwind on May 20, 2015, 04:35:03 AM

The price of bitcoin is affected by adoption.

It is true but not entirely true as there are several factor to weight in as well besides adoption. In fact before people adopted as a currency then of course the price will need to be stabilized since it is risky to use a volatile currency as a payment .

Quote from: BitCoinNutJob on May 20, 2015, 06:58:31 AM

Price will never go to 100$. It's new investors dream but price of bitcoin is going up year by year and skyrocket soon.

This is a sweet dream of yours I assume. There is no guarantee yet if the price will skyrocket or submerge soon

Quote from: mearylll on May 18, 2015, 11:43:14 PM

We all are waiting for that day to come when btc reaches $100 but it is really difficult to judge whether it will go that down or not and as you said I would also prefer to buy maximum number of bitcoins which can earn me profits when prices go high.

Sadly it wont reach $100 for now. Reason of it would be simple

#1 Most trader are chinese
#2 ASIC manufacturer in this case it is BITMAIN

Basically if they let the price get to $100 that will be the end of mining and ofcourse will be the collapsed of ASIC manufacturer business as well since the cost of mining will be far higher than the value of the coins (not to mention the rise of difficulty as well). With that said, the whale wont let the price go near it since it will damage the value of BTC (panic sell throughout the world) and the collapsed of the ASIC business

gentlemand

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Quote from: galdur on May 20, 2015, 11:35:51 AM

Well, it´s stable and hovering near a year-low which isn´t really that reassuring but at least it could be worse. The persistent problem for bitcoin remains the same: no volume and no buying. At some point this has to change I guess, the question is when. Good luck, g

It would be very interesting to compare volumes of exchanges vs places like circle, coinbase, localbitcoins. Depending on what country you're in, an exchange is a major pain to obtain coins from. A lot of regular people would go straight to easier places to buy.

galdur

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Well, it´s stable and hovering near a year-low which isn´t really that reassuring but at least it could be worse. The persistent problem for bitcoin remains the same: no volume and no buying. At some point this has to change I guess, the question is when. Good luck, g

acquafredda

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Guys the bitcoin price has been very stable lately hovering around $230.
In the 150$/300$ I'll buy as much as I can.

The end of QE is near and when that will happen real assets and real money (like gold, silver and BTC) will start to rise.

History will repeat itself once again.

I'll stay tuned and I'll buy more.

Netpyder

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Quote from: huadylmate on May 20, 2015, 10:17:54 AM

Quote from: Eastwind on May 20, 2015, 10:10:12 AM

Quote from: Netpyder on May 20, 2015, 08:30:07 AM

waiting for 1$/100BTC

Like a Boss

You should have done that 5 years ago.

Correction bosses don't wait for things, they make things happen. So you will wait like a criminal in prison. OP no I am not waiting for nothing! Why should I? I make coin and have done for over a year the coin you wait for the $100 that will never happen in the meantime I am freerolling baby! $100 Cheesy

i wasnt a boss 5 years ago Cheesy

huadylmate

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Quote from: Eastwind on May 20, 2015, 10:10:12 AM

Quote from: Netpyder on May 20, 2015, 08:30:07 AM

waiting for 1$/100BTC

Like a Boss

You should have done that 5 years ago.

Correction bosses don't wait for things, they make things happen. So you will wait like a criminal in prison. OP no I am not waiting for nothing! Why should I? I make coin and have done for over a year the coin you wait for the $100 that will never happen in the meantime I am freerolling baby! $100 Cheesy

Eastwind

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Quote from: Netpyder on May 20, 2015, 08:30:07 AM

waiting for 1$/100BTC

Like a Boss Cool

You should have done that 5 years ago.

Netpyder

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waiting for 1$/100BTC

Like a Boss Cool

Stedsm

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Quote from: BitCoinNutJob on May 20, 2015, 06:58:31 AM

Price will never go to 100$. It's new investors dream but price of bitcoin is going up year by year and skyrocket soon.

Correction: Was going up year by year, except this year which didn't show any liquidity in the markets which it showed before.

BitCoinNutJob

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Price will never go to 100$. It's new investors dream but price of bitcoin is going up year by year and skyrocket soon.

Eastwind

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The price of bitcoin is affected by adoption. If it gets used more in business, then the price will rise and find a new balance. If it is like many other scam coins, then the price will drop to 0.

Stedsm

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Quote from: mearylll on May 18, 2015, 11:43:14 PM

We all are waiting for that day to come when btc reaches $100 but it is really difficult to judge whether it will go that down or not and as you said I would also prefer to buy maximum number of bitcoins which can earn me profits when prices go high.

If you think it's that easy to buy max BTC at that rate and you would prefer the $100 rate, I would pray that we see it soon.
I am damn sure you won't, as people will always have fear of some high-profile dumps even after that rate, as if it can go past $100, it's even possible it can get under $50 too, no?

BTCevo

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Quote from: mearylll on May 18, 2015, 11:43:14 PM

Quote from: dothebeats on May 16, 2015, 12:41:36 PM

Seeing price fluctuations every now and then, I've lowered my buying on btc to something that I can bear losing and wouldn't mind at all. Yes, in case btc falls down within the $100 range, I'll surely buy a ton because I know almost everyone would be doing the same, which would result to some nice profits for me. But it is highly improbable to happen, because there are still a lot of buying happening within our sight. Also, the traders who are spending their days on trading wouldn't simply let that happen.

We all are waiting for that day to come when btc reaches $100 but it is really difficult to judge whether it will go that down or not and as you said I would also prefer to buy maximum number of bitcoins which can earn me profits when prices go high.

I didnt think everyone is going as the way you think, because if bitcoin going to collapse until that price I dont think it will rise back again and if that think happened many people will dump their bitcoin. That will make the price is down. Better to make the price going higher rather than make it going to the lowest price that you couldnt imagine

mrhelpful

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i dont think the chances of falling below $100 is anytime soon.

If anything the charts always been $50 increase I could be wrong, but overall value has been steady and never really crashed like the $700 ranges did.

Unless bitstamp gets hacked more then "xyz" coins and people are on a free for all grabs.

Topic: Let's Be Honest. We Are Waiting for $100/BTC to buy - page 106. (Read 199005 times)