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Title says it all, with the looming possibility of a market crash and bitcoin on the rise I wanted to move some funds out of savings and into bitcoin as an investment. I’ve heard rumors of a dip soon in bitcoin before it skyrockets, should I wait for a dip, buy now, etc. Just looking for some thoughts on the matter from those who are more experienced and the long term holder who see patterns and buy more frequently.
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. (x-post from /r/Bitcoin)
I’m 1/mo into playing this wonderful drug of a game and curious what the past GPU prices have been like? Would it be wiser to wait for GPU prices to drop or does it look like they’re here to stay? I assume they’ll drop over time as people upgrade their hideouts. Any thoughts welcome thx!!
"Different types of people will pay successively higher prices for Bitcoin; skeptics will overcome their objections first, then the cynics, and then the haters. And the haters will end up paying the highest price."
Litecoin price rise (or also price fall) that isnt correlated immediately with bitcoin may foreshadow an influenced price for bitcoin.
Approx march 15th 2019 litecoin rises in price. Bitcoin followed to rise roughly one week later. It happened a few times again in April, May, and June in 2019. Its also reflected the falling of a price as well before bitcoin would tank. Alessio Rastini has talked about this in some of his videos. Below is a link of one his videos. https://youtu.be/sOGhfLXnJbw Just an interesting observation considering that Litecoin is sometimes a test subject for some of bitcoins protocols.
I have been a bitcoin holdeuseadvocate for some time...I love the anonymity, simplicity of management and control it gives you compared to relying on banks/cards/e-wallets. When it rose to $2500 ish last year I gave everyone who works for me a bitcoin - on the proviso that if they sold it they first paid back my $2500. They’re still up at this price, and it would seem to be a fair and rational degree of growth for a year and a half. If it drops to $2500 no biggie...much beyond that, ok I would be surprised. Anyway...it’s still great. Scaling and usability need solutions but it’s still great and it still works. Hang in there people and enjoy the ride!
Bitcoin Price FAQ (Frequently Asked Questions) How is the price of Bitcoin determined? The price of Bitcoin is determined by how little sellers are willing to charge (the ask price) and how much buyers are willing to pay (the bid price). When these prices overlap, a trade occurs representing the current price at which Bitcoin is changing hands. Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months Omkar Godbole Sep 25, 2020 Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar ... If you recall Bitcoin was worth nearly $20,000 in 16th December 2017. But in 17th December 2018, the price of Bitcoin was at its low of about $3,200. Bitcoin is a highly volatile asset class and requires a high risk appetite. As much as Bitcoin is a digital gold, it has only been around for about 10 years. Bitcoin price is still rising. Experts predict the future rise for Bitcoin price as in 2017. 4 June 2019 $7,750 The price of bitcoin fell by more than 10%. 15 June 2019 $8,700 The price of BTC has risen above $ 8,000. Experts claim that the 2015 pattern is repeating. 16 June 2019 $9,311 Cryptocurrency updated the annual maximum at around $9000 John Pfeffer is a partner at London-based family office Pfeffer Capital. He’s set a bold price target for Bitcoin of $700,000—about 175 times the current Bitcoin price of nearly $4,000. Pfeffer said that Bitcoin is the world’s first viable replacement for gold.
Back in 2013, an anonymous figure posted on the r/Bitcoin subreddit claiming to be a time traveller from the year 2025. He made a series of predictions for the price of Bitcoin in future years ... bitcoin is finally breakout from the long lasting down trend channel. Could this be a new begging in bitcoins price? I will address this question in this vid... Subscribe to my bitcoin channel - https://calcur.tech/subscribe-curryncy Updated video - https://www.youtube.com/watch?v=n5Q-A5BVw98 Join Coinbase and earn $... The Bitcoin Halving 2020 is happening in 2 days! The Bitcoin halving event happens essentially once every 4 years, so this is a topic that needs to be discus... The Bitcoin Halving 2020 countdown kicks into HIGH GEAR! What is Chico Crypto’s price prediction for this year's BTC halving 2020? Will the crypto markets pump? Or will cryptocurrency as a whole ...