News URL : http://bitcoinist.com/saxo-outrageous-bitcoin-price-next-year/
Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 102. (Read 259680 times)
December 07, 2016, 09:12:57 AM
December 07, 2016, 09:10:53 AM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
Crazywack: When did you first start buying bitcoin? Did you start with coinbase or some other service or combination of services?
I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013.
I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.
Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.
Overall, what was your trading activity like?
When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e. I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.
Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...
Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow). I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up). I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.
I dived right into alts. Mostly on those small exchanges that are gone or so little volume that they don't matter anymore. Cryptsy and BTER mostly. When the Bitcoin bubble exploded, so did alts. I was hooked with those profits and have mostly traded alt coins for the last 3 + years. I try to stay to the better projects now as money really isn't pumping into everything like it did in 2013-2015.
My plan is to hold and accumulate until I no longer have to work or it goes to 0
although I had to start over right before the summer. . .I'm extremely happy to see starting again and throwing all what happened for you in the trash bin, don't forget my brother, we've started this together
December 07, 2016, 02:19:00 AM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
Crazywack: When did you first start buying bitcoin? Did you start with coinbase or some other service or combination of services?
I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013.
I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.
Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.
Overall, what was your trading activity like?
When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e. I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.
Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...
Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow). I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up). I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.
I dived right into alts. Mostly on those small exchanges that are gone or so little volume that they don't matter anymore. Cryptsy and BTER mostly. When the Bitcoin bubble exploded, so did alts. I was hooked with those profits and have mostly traded alt coins for the last 3 + years. I try to stay to the better projects now as money really isn't pumping into everything like it did in 2013-2015.
My plan is to hold and accumulate until I no longer have to work or it goes to 0
although I had to start over right before the summer. . . 
December 06, 2016, 10:41:18 PM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
Crazywack: When did you first start buying bitcoin? Did you start with coinbase or some other service or combination of services?
I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013.
I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.
Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.
Overall, what was your trading activity like?
When I first bought in late 2013, I also bought a tiny bit of each of the alt coins that were then listed on BTC-e. I did not really consider myself a trader until late 2015 when I started to venture into trading, mostly bitcoin.
Currently the only alts that I own are a bit of ETC and some BFX coins (by force, hahahahaha)...
Anyhow, regarding my bitcoin holdings, my main goal between late 2013 and late 2015 was to buy and to accumulate (maybe trying to buy on dips in accordance with my cash flow). I started to trade small portions of bitcoin starting in late 2015.. and to sell on the way up (small portions of my holdings) and to buy on the way down (apportioned accordingly with whatever money that I had accumulated from selling on the way up). I have accumulated more bitcoins with the same money and accordingly have been able to accumulate more bitcoin by trading as compared with if I had not embarked upon trading.
December 06, 2016, 10:07:34 PM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
Crazywack: When did you first start buying bitcoin? Did you start with coinbase or some other service or combination of services?
I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013.
I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.
Late 2013 was my first transaction on coinbase. Right before the pump. Naturally I thought I was a pro trader !) purchased a few small amount in 2014 but mostly made my Bitcoin threw altcoin trading.
December 06, 2016, 07:11:03 PM
December 06, 2016, 07:10:49 PM
That's a great talk!
You are the great one Kehtolo
December 06, 2016, 07:10:27 PM
Several of the comments regarding the article are more logical than the article itself.
Even the title of the article is a bit doomsday provoking and speculatively wrong about various bitcoin tradeoffs.
The fact of the matter is that bitcoin is likely to survive quite well, whether there is an explosive outgrowth in price or not, and there is going to be mining decisions that are both motivated by current price and motivated by speculation about price.
Based on hashpower measurements, we can see that there is already an existing level of investment into mining that is quite bullish about the future direction of bitcoin, and if the anticipated bullish predictions about bitcoin's future do not play out, miners will leave bitcoin mining, but that kind of leaving does not necessarily indicate that that miners will leave to such an extent that bitcoin's security is going to become jeopardized.
Actually, some of the premises of this particular article reminds me of some of the arguments that were being made in respect to this past summer's halvening, and predicting hashing power to go down, miners to leave bitcoin, blah blah blah. We witnessed such leaving as NOT TRUE, and bitcoin's hashpower has continued to improve and increase, which tends to support conclusions that there remains a lot of residual will power to invest in bitcoin mining in the event that other miners decide to leave the mining space.
I agree with you JJG that the tone of the article is badly chosen, and I'm not afraid that we won't have price increase, I'm looking for 6 digits or at least, high 5 digits
December 06, 2016, 05:52:51 PM
That's a great talk!
December 06, 2016, 05:48:58 PM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
Crazywack: When did you first start buying bitcoin? Did you start with coinbase or some other service or combination of services?
I bought my very first bitcoins through local bitcoins in November 2013, and then set up a coinbase account in November/December 2013.
I started with Circle in mid to late 2014, and I also bought through Uphold and Gemini starting in about late 2015.
December 06, 2016, 05:39:58 PM
Several of the comments regarding the article are more logical than the article itself.
Even the title of the article is a bit doomsday provoking and speculatively wrong about various bitcoin tradeoffs.
The fact of the matter is that bitcoin is likely to survive quite well, whether there is an explosive outgrowth in price or not, and there is going to be mining decisions that are both motivated by current price and motivated by speculation about price.
Based on hashpower measurements, we can see that there is already an existing level of investment into mining that is quite bullish about the future direction of bitcoin, and if the anticipated bullish predictions about bitcoin's future do not play out, miners will leave bitcoin mining, but that kind of leaving does not necessarily indicate that that miners will leave to such an extent that bitcoin's security is going to become jeopardized.
Actually, some of the premises of this particular article reminds me of some of the arguments that were being made in respect to this past summer's halvening, and predicting hashing power to go down, miners to leave bitcoin, blah blah blah. We witnessed such leaving as NOT TRUE, and bitcoin's hashpower has continued to improve and increase, which tends to support conclusions that there remains a lot of residual will power to invest in bitcoin mining in the event that other miners decide to leave the mining space.
December 06, 2016, 03:21:06 PM
December 06, 2016, 03:18:12 PM
American lawyer, regular commentator on finance and best selling author James Rickards says "Bitcoin is money".
News URL : https://www.youtube.com/watch?v=rsuGtjXS5tM&feature=youtu.be&t=1h3m20s
December 06, 2016, 03:15:21 PM
December 06, 2016, 03:12:34 PM
December 06, 2016, 03:10:34 PM
December 06, 2016, 03:10:08 PM
December 06, 2016, 03:08:40 PM
December 06, 2016, 03:07:57 PM
December 06, 2016, 03:04:04 PM
Wow that's exciting, 5mil users! A far cry from what it once was when I first purchased some BTC.
And still brother, A LOT more to come
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