| |
| JamesNorth101 | 06-22-2017 04:06 PM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by jakobrockz
(Post 854022)
But when thinking about the actual uses for bitcoin itself... illegal activities are on the top choice.
| A lot of people hold it as an investment these days. I would imagine that a huge amount is held by large companies who are buying it to increase the price in the knowledge that BTC has a finite supply and will nearly always go up in value.
The only things that would make the price drop like a stone would be a massive hack on the BTC blockchain which just isn't going to happen or hacks on the BTC wallet companies which has happened but even after that has happened in the past the price has regained pretty fast. |
| danshan | 06-23-2017 02:38 PM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by slokor
(Post 854023)
I disagree.
I can see Bitcoin being used by very large and legitimate corporations to make payments to cut down on the time and transaction fees involved if done by a regular bank.
its being employed that way more and more now that Japan has legitimized it as a form of payment.
| is that really true? do you have a real example of that?
BTC price is about 9% over spot for daily users of coin right now. Yes cash and gold and chickens can be used to do illegal things too but BTC for online illegal actions is the most viable option for most and that is what sets its user value. I think BTC has 2 different values investor value around spot and and user value which is about 9% above spot. |
| empirestate | 06-28-2017 06:45 PM |
Re: $1,500 is a good entry point for BTC
BTC is like Pandora's Box, it cannot be undone once it has been released. |
| vogeltron | 06-30-2017 04:38 PM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by jakobrockz
(Post 854022)
I wasn't arguing that bitcoin is the top choice for illegal activities.
But when thinking about the actual uses for bitcoin itself... illegal activities are on the top choice.
Hope I cleared myself up here
| That was the argument 5 years ago with the Silk Road. Bitcoin is going mainstream. |
| jakobrockz | 06-30-2017 04:51 PM |
Re: $1,500 is a good entry point for BTC
Ehhhh
We can agree to disagree :bounce: |
| danshan | 06-30-2017 05:58 PM |
Re: $1,500 is a good entry point for BTC
yes we can agree to disagree. we have seen so many try to get rid of credit cards and cash and they just dont make it. BTC first off will never work with the 177 days confirmation time, imagine waiting for a confirmation at taco bell. Your tacos will be hella cold |
| yotano211 | 06-30-2017 08:41 PM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by danshan
(Post 855529)
yes we can agree to disagree. we have seen so many try to get rid of credit cards and cash and they just dont make it. BTC first off will never work with the 177 days confirmation time, imagine waiting for a confirmation at taco bell. Your tacos will be hella cold
| Who the hell said tacos at taco bell are real tacos. Oh you silly Americans. |
| empirestate | 07-01-2017 08:21 AM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by danshan
(Post 855529)
yes we can agree to disagree. we have seen so many try to get rid of credit cards and cash and they just dont make it. BTC first off will never work with the 177 days confirmation time, imagine waiting for a confirmation at taco bell. Your tacos will be hella cold
| 177days confirmation time frame is stupid, stop being stupid. |
| danshan | 07-01-2017 10:20 AM |
Re: $1,500 is a good entry point for BTC
you think I am the stupid one, when anyone with the sense of a snail would know that is an exaggeration for effect. I think everyone knows that BTC confirmations are taking a long time these days and I think everyone knows that long time is no where near 177 days. Stop being stupid! |
| danshan | 07-01-2017 10:21 AM |
Re: $1,500 is a good entry point for BTC
PS empire if you have nothing to add really just pass on by! |
| empirestate | 07-08-2017 07:36 AM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by danshan
(Post 855661)
PS empire if you have nothing to add really just pass on by!
| I know you are very negative about BTC so stop posting in this thread. I don't need your negativity here. Go back to your FIAT currency. |
Re: $1,500 is a good entry point for BTC
Bitcoin transaction verification does take a tad long, but from the looks of it, Bitcoin will be for the higher end of the transaction spectrum - hence why its being referred to as Gold.
Then you have Litecoin which takes a few "minutes" to verify a transaction - this (IMO) will become the more mainstream version of cryptocurrency.
I think those two aforementioned coins have a big role going forward. Both also have a cap on the no. of coins ever, so value is likely to only rise. |
| smartguy | 07-15-2017 09:39 AM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by duffrageous
(Post 852661)
I don't think it will drop below $2300. You have to go all the way back to 2014 to see it drop more than 50%(it dropped 70% from 800 to 220). I would jump on it now, ride it to $3000, and sell it again assuming you aren't paying some incredible transaction fee to buy bitcoin.
|
Yes, it did.:pound::pound: |
| empirestate | 07-16-2017 07:12 AM |
Re: $1,500 is a good entry point for BTC
Suddenly $1500 is not nearly as impossible as it used to be. I think it may even go down to $1,000 range. |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by empirestate
(Post 858849)
Suddenly $1500 is not nearly as impossible as it used to be. I think it may even go down to $1,000 range.
| Will be a lot of unhappy people who have big BTC wallets if it dips to that low... |
| duffrageous | 07-18-2017 05:20 PM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by smartguy
(Post 858710)
Yes, it did.:pound::pound:
| Did you buy it yesterday when it was at $1800? Nice profit if you want to sell it today at $2350. |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by empirestate
(Post 858849)
Suddenly $1500 is not nearly as impossible as it used to be. I think it may even go down to $1,000 range.
| Curious to know where your predictions are coming from if im honest with you. |
| yotano211 | 07-18-2017 09:20 PM |
Re: $1,500 is a good entry point for BTC
I had 13 ether coins from last week and I was waiting for a good time to sell. I am happy I held on to them now that ether has regain some. I sold everything today. |
| xenix | 07-19-2017 06:06 AM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by rsot
(Post 858854)
Will be a lot of unhappy people who have big BTC wallets if it dips to that low...
| It is like gambling,if my predication is not wrong ,again it will rise this time it will sky rocket anyway lets hope for the best |
| JamesNorth101 | 07-19-2017 06:13 AM |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by JamesNorth101
(Post 852607)
I would be surprised to see it go that low down. I expect it will hit around $1750 and then people will start to buy it again pushing the prices up once again
| Just giving myself some kudos here.... :coffee::coffee::spy::spy::typing: |
| slokor | 07-20-2017 06:34 PM |
Re: $1,500 is a good entry point for BTC
Hope everyone bought it when it was low.
Pretty strong day for Bitcoin topping $2900 in the last hour.
Pretty happy today :) |
Re: $1,500 is a good entry point for BTC
Quote:
Originally Posted by slokor
(Post 859856)
Hope everyone bought it when it was low.
Pretty strong day for Bitcoin topping $2900 in the last hour.
Pretty happy today :)
| Was a good time to load up!
Price should hopefully be going up for at least the next couple months before the next issue comes up |
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