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Topic: This is as good as it's going to get (Read 1993 times)

legendary
Activity: 1610
Merit: 1183
December 25, 2015, 04:18:21 PM
#33
I wouldn't waste time with such trolls, I think it's always the same guy creating new accounts, but sometimes to switch it up and be less obvious he keeps posting with the same one. Nonetheless, he's always FUDing hard in the speculation section, without any success, as seen in the price increase.
Pab
legendary
Activity: 1862
Merit: 1012
December 25, 2015, 12:38:21 PM
#32
All predictions in a case of btc may fail.Enjoy stability at current relativelly high level.Lets wait what Jenuary will bring,but if you think that halaving will drive price up i only can tell it could be opposit
legendary
Activity: 924
Merit: 1002
December 25, 2015, 12:08:30 PM
#31

I do not get point that havlving of the miners reward will necessary means big increase of bitcoin price.
What is reason for that? I know that last there was some increase last time when havling occured, but we will not be in the same situation. Market is different.

I couldn't answer your question specifically, but I do know that the price will simply have to increase somewhat or miners are going to not want to mine anymore. I think that's part of the rational behind it, that it would have to go up or else it would fail

If there will be less miners then difficulty will goes down and Blockchain and Bitcoin will work the same way with the same speed of confirmation.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
December 24, 2015, 08:33:34 PM
#30
User adoption should be a slow rise,  it's only manipulation that throws us into a Bubble.  So if we are going up slow and steady  then that's good.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
December 24, 2015, 08:12:38 PM
#29
After the 2 year bear market, after the meteoric rocket rises, we've entered the stage of mediocre growth. As evidenced by the recent developments since October 2015, you can see that btc price goes up gradually, like 10% over a month's time. After these mediocre growth, profiteers come in and drive the price down a bit. The cycle goes on.

If you bought $1000 bitcoins, I pity you, we will never see $1000 coins ever in our life time.

Folks, this is the way it's going to look from now on. No more moon rockets, and no more steep crashes. Enjoy and have a nice day!!!

I agree that right now it is a lot like that. I think it will reach high prices again, but it will be more gradually as it is adopted and new apps come in.

However, even if you bought at $1000, you can sell in the 450-500, buy again at the 300, then sell again etc. until you cover loses. It is risky but can be done.
legendary
Activity: 1512
Merit: 1000
December 24, 2015, 04:52:07 PM
#28
With the way the media looks at us, we will never succeed our price goal. A news media team allegedly proved Bitcoin was in aid of the Paris Attacks. Everyone looks at us like we're scammers so who in the right mind would wanna look into Bitcoin thinking they're either going to look like a scammer, become a scammer, associate with scammers or become a terrorist? We need to work on our image if we really want to entice adopters.

I don't think it's totally just a matter of "working on our image" but more of showing the masses of sheeple all the benefits and good things bitcoin allows us all to do. When they realize bitcoin's utility for doing "good" they will change their views.

Did the early adopters of the internet need to "work on their image"? I'm sure many naysayers at the time pointed to all the bad things about the internet way back when, I'm sure. But in time, people realized the internet's utility and potentials and here we are today with everyone using it without a thought. Mass adoption even with terrorists and other criminals using it for bad stuff.
hero member
Activity: 518
Merit: 500
December 24, 2015, 01:30:11 PM
#27
With the way the media looks at us, we will never succeed our price goal. A news media team allegedly proved Bitcoin was in aid of the Paris Attacks. Everyone looks at us like we're scammers so who in the right mind would wanna look into Bitcoin thinking they're either going to look like a scammer, become a scammer, associate with scammers or become a terrorist? We need to work on our image if we really want to entice adopters.
hero member
Activity: 700
Merit: 500
December 24, 2015, 07:11:42 AM
#26
Bitcoin still had a long way to go. This is just the beginning of bitcoin. We will be seeing the price shoot up soon, after halving.
legendary
Activity: 1512
Merit: 1000
December 24, 2015, 02:39:12 AM
#25
Blah, blah, blah...

Another scenario is if terrorists cut off Internet by cutting the undersea cables or other means. [<-- LOL]

There are other scenarios where bitcoin price will crash, we all know bitcoin CRASHES easily and spectacularly.

I'm neither bullish or bearish. I'd like to think of myself as a counter-balance to the prevailing sentiment. I am the devil's advocate. You need me to save you from the circle jerk that goes around in this forum.

legendary
Activity: 1036
Merit: 1000
December 23, 2015, 09:16:05 PM
#24
LOL

After my autistic brother made two wrong predictions, I've blocked his access to looking over my shoulder so he can't look no more. The forum is safe from his oracles for the moment, you're welcome.

Many people here seem to believe in the inevitability of bitcoins. They are so wrong. If and when the Chinese government BANS bitcoins, do you think bitcoin price will stay unaffected? Don't forget the Chinese government, which is run by a cabal of crusty old men, came very close to banning cryptocurrency in China in late 2013. They seem to be tolerating it for now, however, it remains to be seen what they really think of bitcoins. The do NOT like the outflow of capital from China. If and when the outflow becomes too much, they WILL lower the hammer.

Another scenario is if terrorists cut off Internet by cutting the undersea cables or other means.

There are other scenarios where bitcoin price will crash, we all know bitcoin CRASHES easily and spectacularly.

I'm neither bullish or bearish. I'd like to think of myself as a counter-balance to the prevailing sentiment. I am the devil's advocate. You need me to save you from the circle jerk that goes around in this forum.
sr. member
Activity: 427
Merit: 250
December 23, 2015, 08:49:37 PM
#23
Here's the probability break down

70% chance of BTC being worth more than $10K in less than 2 yrs
29% chance of BTC being worth less than $10 in less than 2 yrs
1% chance of something like you described happens
hero member
Activity: 952
Merit: 500
December 23, 2015, 08:23:22 PM
#22
We will be rich off bitcoin, and you will be sitting there regretfully. Just wait and see buddy,
legendary
Activity: 3332
Merit: 6809
Cashback 15%
December 23, 2015, 08:22:15 PM
#21
Blah blah blah.  You know we were at something like $220 for months and the price had dropped below $200 if I remember correctly.  And here we are at $446.20 as I write this.  So there's definitely volatility still present in bitcoin.

But I realize you're just sowing the seeds of doubt to get a rise out of the bulls here.  Good job OP.
legendary
Activity: 1610
Merit: 1183
December 23, 2015, 06:53:45 PM
#20
After the 2 year bear market, after the meteoric rocket rises, we've entered the stage of mediocre growth. As evidenced by the recent developments since October 2015, you can see that btc price goes up gradually, like 10% over a month's time. After these mediocre growth, profiteers come in and drive the price down a bit. The cycle goes on.

If you bought $1000 bitcoins, I pity you, we will never see $1000 coins ever in our life time.

Folks, this is the way it's going to look from now on. No more moon rockets, and no more steep crashes. Enjoy and have a nice day!!!


You must be really clueless to say that. Quoting for future reference. Im pretty sure when we crush the latest ATH and go way higher than 1000 you will decide to not log in away with that account to face the fact that you were wrong, as all the guys that have done similar predictions in the past did.
member
Activity: 84
Merit: 10
December 23, 2015, 06:18:54 PM
#19

I do not get point that havlving of the miners reward will necessary means big increase of bitcoin price.
What is reason for that? I know that last there was some increase last time when havling occured, but we will not be in the same situation. Market is different.

I couldn't answer your question specifically, but I do know that the price will simply have to increase somewhat or miners are going to not want to mine anymore. I think that's part of the rational behind it, that it would have to go up or else it would fail
newbie
Activity: 42
Merit: 0
December 23, 2015, 06:17:08 PM
#18
well you might be right i think i will have to sell my bitcoins
legendary
Activity: 924
Merit: 1002
December 23, 2015, 06:16:22 PM
#17
If you bought $1000 bitcoins, I pity you, we will never see $1000 coins ever in our life time.

This isn't very accurate, i believe that after the halving next year the price will make a nice jump to $700+ at least but i am pretty sure that after the halving in 2020 $1kBTC shouldn't be hard to achieve if not done after the 2016 halving

I do not get point that havlving of the miners reward will necessary means big increase of bitcoin price.
What is reason for that? I know that last there was some increase last time when havling occured, but we will not be in the same situation. Market is different.
member
Activity: 112
Merit: 10
December 23, 2015, 06:13:16 PM
#16
I don't think anyone here would be mad if BTC went up 5-10% a month consistently. You get to the point where your doubling your money every year. Would I like more... yes. Can't complain though
legendary
Activity: 896
Merit: 1000
December 23, 2015, 05:42:30 PM
#15
i really believe in the long term potential of bitcoin. if you also believe in bitcoin, then you know that a price of $1000 will be considered peanuts. we will definitely see bitcoin smash through the $1000 price level again. it's just a matter of time. you are far too bearish.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 23, 2015, 05:38:22 PM
#14
It is getting good, but we are not there yet.

There is more potential for bitcoin then we see these days.

Maybe the price will never go to 1000 USD, but the features bitcoin have today and in 3 years will be totally different.
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