They seem pretty legit. Not sure if they are regulated, but it seems like that, as they can verify you in a meter of few minutes if you are US citizen.
It would be dangerous for Coinbase not to be registered since they're pretty high profile and have some fairly big merchants. Plus someone would have had to give them access to the ACH network. But they haven't answered me yet, and they are looking for a compliance officer.
Topic: will the bitcoin reach $1000 one day...? - page 85. (Read 112647 times)
I think Bitcoin will eventaully hit 10k. But, I think that is many many years from now
I think the proper question is:
when will the bitcoin hit $1000?
If someone gives you a specific answer I would also like to know how to turn water into wine and next weeks lottery lol when will the bitcoin hit $1000?
Mt Gox's problems have really distorted the market.
Mt Gox's problems are unfortunate, but that's just part of the larger problem that it's hard to know what companies to trust in the Bitcoin world.I sent Coinbase an email to find out how they're regulated. I haven't opened an account with them yet, but they look pretty professional, they seem to be trusted, and I'd like to see them become a big name. In the US, being able to buy and sell BTC using ACH transfers instead of wires adds legitimacy in a big way, I think. With more trust from everyone, including traditional banks, we should see lower fees and lower prices, but that would lead to more buying, too.
I have used them to buy total of 7BTC and sold 1BTC so far.
They seem pretty legit. Not sure if they are regulated, but it seems like that, as they can verify you in a meter of few minutes if you are US citizen.
The only problem I see is that the rates are round 10% off the Mt.Gox rates, and if not completely verified you have to w8 little over 4 days. but I have a total of tree transactions and they all went smoothly after they 4-5 days period.
I'm sure it will in a very long time...
one thousand in 2 years. that is my guess
I think the proper question is:
when will the bitcoin hit $1000?
when will the bitcoin hit $1000?
Looking at the MTgox chart we look like we are done with The $100 dollar channel .
We have Strong support at $120 and have from sept 1 tested the $150 lower channel getting resistance at $148.
Personally I would say for speculative traders averaging in as close to $120 would be cool .
No one knows when $150 will break but as the buy level rises $150 will come under pressure and if the fundamentals stay constant . $150 will break we could see $1170 quickly at which point a short term speculater would be wise to sell and be looking to average in around As close to $140 as possible .
Has anyone found a correlation with oil and Bitcoin ??
Oil is the life blood of the global economy and can act as a leading indicator for short term trading .
If we can find a correlation with a commodity we could give ourselves an edge .
We have Strong support at $120 and have from sept 1 tested the $150 lower channel getting resistance at $148.
Personally I would say for speculative traders averaging in as close to $120 would be cool .
No one knows when $150 will break but as the buy level rises $150 will come under pressure and if the fundamentals stay constant . $150 will break we could see $1170 quickly at which point a short term speculater would be wise to sell and be looking to average in around As close to $140 as possible .
Has anyone found a correlation with oil and Bitcoin ??
Oil is the life blood of the global economy and can act as a leading indicator for short term trading .
If we can find a correlation with a commodity we could give ourselves an edge .
Depends on how suicidal the U.S government and Federal Reserve is feeling, there's every possibility.
ROTF-LMAO
Mt Gox's problems have really distorted the market.
Mt Gox's problems are unfortunate, but that's just part of the larger problem that it's hard to know what companies to trust in the Bitcoin world.I sent Coinbase an email to find out how they're regulated. I haven't opened an account with them yet, but they look pretty professional, they seem to be trusted, and I'd like to see them become a big name. In the US, being able to buy and sell BTC using ACH transfers instead of wires adds legitimacy in a big way, I think. With more trust from everyone, including traditional banks, we should see lower fees and lower prices, but that would lead to more buying, too.
March 2nd, 2015
Within the next year or 2, I'm pretty sure. But this bubble needs to finish deflating first. Mt Gox's problems have really distorted the market.
Those who desperately want to sell their bitcoin, can sell. The distortion is not that bad inasmuch as Mt Gox prices have usually stood a fair bit higher than either BTC-e or Bitstamp (with only occasional exceptions during bear runs) for a good time now.
$60ish looks to be the bottom but there's no saying that cannot be retested: all it would take is a few "whales" taking a big dump and a panic ensuing.
Hello, I like to give you my thought:
I think that the coin will rise (that is the future) probably it will go up to like $500 or so at first and drop some down.
Then it will take a year or two to get up again and go to $1 000 and more.
This is just if nothing happens in the near future and much more markets adopt this currency.
If something like the situation in Cyprus happens again (the main reason of the $256 hit) it may hit even $2 000 in the time frame of just a couple of months.
This is what I think about the price of the coins.
Also I think that alt coins will be good to keep, as probably some people will try to revive them and will invest big amounts in them to make sure they stay, and then you may end up with a good profit.
I hope there will be more exchanges to support all cryptocoins and will help them develop.
After all there is a forex broker that supports bitcoin trading.
This means soon more speculators will join the community and the price will go up as the limit in supply and increase of the demand will make it go up.
US government will try to kill it (after all it is trying for so long now, so will not give up anytime soon), but if we stay strong we will survive and be able to defeat them.
Good luck to all and hope I made my point here.
I think that the coin will rise (that is the future) probably it will go up to like $500 or so at first and drop some down.
Then it will take a year or two to get up again and go to $1 000 and more.
This is just if nothing happens in the near future and much more markets adopt this currency.
If something like the situation in Cyprus happens again (the main reason of the $256 hit) it may hit even $2 000 in the time frame of just a couple of months.
This is what I think about the price of the coins.
Also I think that alt coins will be good to keep, as probably some people will try to revive them and will invest big amounts in them to make sure they stay, and then you may end up with a good profit.
I hope there will be more exchanges to support all cryptocoins and will help them develop.
After all there is a forex broker that supports bitcoin trading.
This means soon more speculators will join the community and the price will go up as the limit in supply and increase of the demand will make it go up.
US government will try to kill it (after all it is trying for so long now, so will not give up anytime soon), but if we stay strong we will survive and be able to defeat them.
Good luck to all and hope I made my point here.
Bitcoin may hit $500 within 10 years. But $1000 is impossible.
I agree,1000 is impossible and 10k is just a dream
Why $500 may hit but $1000 is impossible
It is not much a difference at all! Bitcoin may hit $500 within 10 years. But $1000 is impossible.
I agree,1000 is impossible and 10k is just a dream
My guess is that it will goes down harshly because of a certain event, and then being skyrocketed again
Within the next year or 2, I'm pretty sure. But this bubble needs to finish deflating first. Mt Gox's problems have really distorted the market.
the bubble already deflated. It seems the new low price is $100
We'll see. I think we'll be retesting $100 and then $88 and $78-80 supports. I think the latter may be the bottom. We shall see.
I'm prepared either way it goes. But I think it's going down.
I hope
Eventually.
Highly doubt we will see it happen within 2013, unless some unexpected event happens...
(but from what I've observed with BTC over the past few months, something will likely will occur
)
Highly doubt we will see it happen within 2013, unless some unexpected event happens...
(but from what I've observed with BTC over the past few months, something will likely will occur
) Jump to: