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Topic: Take profits now! - page 2. (Read 5651 times)

legendary
Activity: 3010
Merit: 1280
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April 20, 2017, 06:21:12 PM
why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.

Yeah i think the ETF effect is completely gone now.  It is now the political drama between Core and BU plus the asicboost.  Though I believe it will be resolve, and for now let us just hold our Bitcoin tight, do not sell unless you need money badly,  Price will increase, Bitcoin is destined to that, I said so because I am looking at the adoption rate.
hero member
Activity: 574
Merit: 500
ClaimWithMe - the most paying faucet of all times!
April 20, 2017, 03:26:32 PM
why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.
The only reason Bitcoin has a high price at all is because of interruption from third parties looking to make money.  All of the whales are wealthy (or becoming wealthy) individuals who came in to pump and dump, or just pump, or just hodl or whatever to the Bitcoin price, and they have the most effect of all.

The ETF would just be a means for more of those interrupting third parties to get involved.  If it had any chance of actually happening I'd be all for it, but it doesn't.
sr. member
Activity: 2618
Merit: 439
April 20, 2017, 02:32:33 PM
You are still guys talking about ETF issue even its already done and i think last month the result already. done
For now the bad news is bitfinex deposit and withdrawal are block.. that i think many people are thinking that the price can be crash soon due to bitfinex issue.. if this will not resolve expect the price can be crash soon..
So before its happen op is just letting us know before the price crash and get the profit..

I don't believed in will crash soon because of the bitfinex issue. Did you see how much total volume is bitfinex trading? Its around 7%-8% only. How can you say that it will impact the price of market price of bitcoin to suddenly crash? Already investors has withdraw funds in the bitfinex account and most probably move to kraken or poloniex which covers almost half of the daily trading volumes.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
April 20, 2017, 01:51:59 PM
You are still guys talking about ETF issue even its already done and i think last month the result already. done
For now the bad news is bitfinex deposit and withdrawal are block.. that i think many people are thinking that the price can be crash soon due to bitfinex issue.. if this will not resolve expect the price can be crash soon..
So before its happen op is just letting us know before the price crash and get the profit..
legendary
Activity: 938
Merit: 1002
April 20, 2017, 01:50:38 PM
#99
why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.
No ETF may bring magic levels into bitcoins. Because it may serve as a way to get new investors into bitcoin ecosystem. Every ETF scheme will be started with some fixed number of bitcoins but there are policies to increase those amount of bitcoins and if one ETF gets approval then we can see hundreds of ETF from different companies and hence definitely bitcoin prices may touch moon.

I guess this is not right time to book profits as experts predict new ATH, I guess targeting $1500 would be a nice short term (as well long term) plans.
legendary
Activity: 3052
Merit: 1273
April 20, 2017, 01:36:05 PM
#98
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.

Regardless of Bitcoin ETFs being accepted, I think that the price still consists of too many factors, one of which is its acceptance by major countries as well as its citizens, and when these citizens convert into users, it is a chance for Bitcoins' price to spike without any doubt because the more the users, the bigger the demand. And just see that there are only a few coins circulating and too many users being around, so being in a super-speculative mood, I think we will be seeing a spike in very near future, and it will be during 2017 itself.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
April 20, 2017, 10:24:35 AM
#97
why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.
hero member
Activity: 1540
Merit: 507
April 20, 2017, 09:50:36 AM
#96
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.
Nothing to say about etf and NO more etf. I just care about to fixed the scalability of bitcoin rather than just try to build another etf in the future. And etf will always be ignored.  Cool
hero member
Activity: 588
Merit: 500
April 20, 2017, 08:53:57 AM
#95
Dumping your coins right now may net you a small temporary profit. But I have a feeling that the exchange rates may hit $5,000 per coin mark sometime later this year. Bitcoin is attracting a lot of press coverage, and the user base is steeply increasing.
To the price hit 5000$ during this year sounds as something impossible. But I am agree that bitcoin is attracting more and more attention nowadays and I think in few time the attention will rise even more together with bitcoin's price.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 20, 2017, 07:15:19 AM
#94
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.

woah. 50%-100% you mean just being listed as an ETF which doesn't bring money into bitcoin directly can cause the price to go up to $1800-$2400. there is no way that can happen because of ETF, it it were anything else i would have agreed but not ETF!
and you should keep in mind that bitcoin has been rising 100-150% each year regardless of all this.
legendary
Activity: 2170
Merit: 1427
April 20, 2017, 03:32:42 AM
#93
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.

If, if, if, if, if... It's clear why the previous two ETF's were rejected, and in that regard it's safe to assume that there won't be any Bitcoin related ETF's approved in the next few years. Why? Bitcoin is a free market, and will likely remain that in the next coming years. Just stop focusing on it. Demand for Bitcoin will grow anyway, and thus the price will grow as the demand grows. Important event to focus on right now is having Segwit activated. If that's the case, it means an obstacle holding Bitcoin back is removed, and the price will move closer towards the $2000 level. No need for ETF's in that regard.
sr. member
Activity: 392
Merit: 250
April 20, 2017, 03:03:13 AM
#92
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.

No chance. Forget about ETFs
full member
Activity: 199
Merit: 100
0xB911101025014BfCaA3B17BC7683C0817489bB28
April 20, 2017, 03:02:32 AM
#91
There is still a chance that the Bitcoin ETF will be listed in any of the major stock exchanges. If that happens, then we can expect the exchange rates to appreciate by as much as 50% to 100%.
legendary
Activity: 1372
Merit: 1014
April 19, 2017, 04:41:39 PM
#90
another we are going nowhere but down topic Huh

they are around since  the $200 and the price keeps increasing

If you read through some very old threads, people were having the exact same bit of speculation discussions when the price was sitting below the $10 level.

Some funny statements back in the days;

# Sell now before you end up being a bag holder!
# Deadcat bounce!
# Don't catch a falling knife!
# $10 is the ultimate high, after that the price will drop back to $5 and continue to go lower, sell now!

And there are more, but you get an idea now. Grin

Funny but true, and the FUDsters grabbed the coins under $10 and still HODL them today  Grin Grin
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
April 19, 2017, 03:11:31 PM
#89
OP, you should rather term it as making profits through trading it and not dumping as a lot of Bitcoins will be needed for a dump to occur.
You can catch ranges between $1100 and $1250 and trade your coins and buy back at $1100 once again as I don't see any reasons for why the price should be dumped hard below $1000.

I agree, somehow OP post is confusing, making us to think to sell all our coins and take profit.  Anywhoo, I still think it is not the best time to sell and buy back.  Not much of a negative news that can make the price of BTC to go down.  So I will be holding my coins for now then sell the first time a Badpress about major issue is released then buy back at lower price.
legendary
Activity: 3052
Merit: 1273
April 19, 2017, 02:12:10 PM
#88
OP, you should rather term it as making profits through trading it and not dumping as a lot of Bitcoins will be needed for a dump to occur.
You can catch ranges between $1100 and $1250 and trade your coins and buy back at $1100 once again as I don't see any reasons for why the price should be dumped hard below $1000.
hero member
Activity: 672
Merit: 500
April 19, 2017, 12:32:43 PM
#87
Dumping your coins right now may net you a small temporary profit. But I have a feeling that the exchange rates may hit $5,000 per coin mark sometime later this year. Bitcoin is attracting a lot of press coverage, and the user base is steeply increasing.
This is not like that, selling the bitcoin right now should still bring a decent returns, before we should still remember that lately, the price range is somewhere between 1150$ and 1200$  ( sometimes, slightly more ).
If someone has made a good move few months ago, then it will be still a good price for dumping the coin.

But I would like to ask you, if you can give me some arguments behind the theory, that we will see 5000$ per one bitcoin, in this year?
I hope you may find some, but I assume that you are one of the newbies, that think bitcoin is something eternal, not able to be destroyed, and very precious.
hero member
Activity: 1470
Merit: 655
April 18, 2017, 07:24:43 AM
#86
Dumping your coins right now may net you a small temporary profit. But I have a feeling that the exchange rates may hit $5,000 per coin mark sometime later this year. Bitcoin is attracting a lot of press coverage, and the user base is steeply increasing.

this topic is mostly a panic FUD kind of topic with not much value. and by the time OP posted this, price was already in a dip and he probably wanted a deeper dip which is why he posted, it is certainly not made to help people.

and right now we are rising and we don't know if it is the good time for selling or not because we can see a reversal depending on how bitfinex bank resolves their issue and when it does it.

and about $5000 i have to say it is too big a price to achieve in such a short term and it would be a bubble if it is achieved.
sr. member
Activity: 1988
Merit: 453
April 18, 2017, 06:53:39 AM
#85
Dumping your coins right now may net you a small temporary profit. But I have a feeling that the exchange rates may hit $5,000 per coin mark sometime later this year. Bitcoin is attracting a lot of press coverage, and the user base is steeply increasing.
sr. member
Activity: 434
Merit: 250
April 17, 2017, 07:08:18 PM
#84
bitcoin price is going down .well i would not agree on you to sell all the bitcoins .yes now is the time that you buy some bitcoins.
well wait till august if you can ,the price of bitcoins is going to touch 2000$ .well then it would be the best time to sell all your bitcoins.
extraordinary price bitcoin will touch on next month, of course we have to prepare from now on because of the information turns out to be the price of the bitcoin still declining we should get it so that in time the price of the bitcoin ride next month we will have a big advantage because of the bitcoin up to a price of $2000.
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