The Bitcoin Thread

[handyman007]

Lets wait for America to wake up.

What do you think will happen?

 

[PAYBACK]

What do you think will happen?

Wake up shake up, 60k easy. My 0.000004 BTC worth

 

[Compton_effect]

What do you think will happen?

Monday morning - Most serious traders will check their news and see Japan just licenced CoinDesk, its first Bitcoin exchange since MtGox.
Expect a speculation spike - I'd say.

I could be wrong of course. (The only thing I'm right about most, is that I'm wrong a lot)

 

[PAYBACK]

So nice to see green on the board. Clawing back those lost gains slowly but surely.

 

[balrog]

I want 1 Satoshi = R1

 

[Thor]

I want 1 Satoshi = R1

That is the end goal

 

[Compton_effect]

That is the end goal

Can we please wait for me to first get up to 10 Btc first?

 

[Mr.Ree]

Any thoughts on a drop in BTC? I need to purchase more lol

 

[balrog]

Any thoughts on a drop in BTC? I need to purchase more lol

I would say now is not a bad time to buy, I would think it would become more difficult to get in under R60k if the current momentum continues. Friday was perfect of course. But this is not trading advice, must make your own decisions

Or maybe closer to the start of November, with the Segwit2x issue that will cause uncertainty again. But that is a LONG time in crypto.

 

[Mr.Ree]

I would say now is not a bad time to buy, I would think it would become more difficult to get in under R60k if the current momentum continues. Friday was perfect of course. But this is not trading advice, must make your own decisions

It's not trading advice but it is good general advice.. you are right.. Friday was good but I guess I'm a little bit greedy lol

 

[jamacouve]

“Be fearful when others are greedy and greedy when others are fearful” – Warren Buffett

 

[Gtx Gaming]

It is never time bad time to buy as the price will be 500k USD in 3 years time trololol

No one can predict the price, but there might be dip because of segwit2x as mentioned above.

 

[MrGray]

It is too volatile to call at the moment. No good giving any advice either way. Bad news or good news could come out at any time and lead to big shifts, a big whale could dump or buy, general sentiment could go sideways or rapidly improve or deteriorate. You would need a crystal ball.

I see BTC has just broken upwards through the $4k resistance, though, so could continue upwards but at some point there will probably be profit taking.

My take: overall long term sentiment is still very bullish. Short term - who knows? So I'm just holding, as there is too much potential to get burned trying to guess movement. Don't know what I'd do if I wanted to buy in right now. Probably wait for dips and buy in increments.

 

[Ockie]

Rand has lost ground also, so that helps too. :twisted:

 

[Arthur]

I could be wrong of course. (The only thing I'm right about most, is that I'm wrong a lot)

Beginning of wisdom.

 

[Compton_effect]

I'm back to my original plan (Which I started in 2013, then stopped doing, aargh). Buy in small increments. Its still going to climb a lot.
The only thing we can say for certain is that it won't implode and crash.

 

[Dreamboat]

Who created Bitcoin out of what and why?

 

[Compton_effect]

Who created Bitcoin out of what and why?

That is the Billion Satoshi question.

The person or group who did it, published it under the name Satoshi Nakamoto. And that is all that is certain.
As for why - good question.

 

[balrog]

Who created Bitcoin out of what and why?

Satoshi Nakamoto, as a peer to peer payment system, using cryptography to ensure a trust-less payment system. The aim is to be free from third parties like banks. The motivation was the 2008 financial crisis that the big banks caused.

Spoiler: Nobody knows who Satoshi Nakamoto is...

Tip: Read Satoshi's original white paper.

 

[SaiyanZ]

Who created Bitcoin out of what and why?