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So in past one year.. Bitcoin went from $500 to $1200.

Discussion in 'Making Money' started by beingink, Apr 17, 2017.

  1. beingink

    beingink Senior Member

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    I think it is time people start paying attention. I remember when it was $100 and rushing towards $900 and everyone was jumping in on the action and I thought to myself this would be one of the most elaborate scam.

    That is when it dropped back to $250.

    As it turns out it is not and is becoming one of the investment portals to get into.

    What do you guys think? What other coins are you paying attention to?
     
  2. almostfamous9090

    almostfamous9090 Newbie

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    First time when i heard about bitcoin, i thought that it would be a scam, black money; :p

    I am investing on bitcoin, and getting good ROI. as like forex scalping :D
     
  3. beingink

    beingink Senior Member

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    How are you doing it and how are you seeing a roi? Can you please explain and elaborate for a newbie?
     
  4. escobart

    escobart Junior Member

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    Is there any potential btc will up to $2,500 by the end of this year?
     
  5. beingink

    beingink Senior Member

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    No thats too much for a year, sort of pretty high right now. Definitely by next year.
     
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  6. uncutu

    uncutu Supreme Member

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    I see the risk worthwhile. My friend bought over 50 btc when it was at $600 last year; gained even more from alt-coins.
     
  7. mroho

    mroho Newbie

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    any thought about ethereum?
     
  8. TheFreshPrince

    TheFreshPrince Jr. VIP Jr. VIP

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    All you guys make so many speculations, it's funny.
     
  9. bpgmd

    bpgmd Registered Member

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    Awhile ago a few of my friends decided to invest some money in a bitcoin mining comp system. Needless to say it went absolutely nowhere
     
  10. frerction

    frerction BANNED BANNED

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    This is basically like investing, wait for a dip and then buy in, don't buy at the peak
     
  11. Crazyday83

    Crazyday83 Jr. VIP Jr. VIP

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    I think Bitcoin will remain at around $ 1,000 for a long time.
     
  12. cron7

    cron7 Regular Member

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    Imo, it will go higher than $2,500 by the end of the year...possibly near $5,000. It's really going mainstream now and is literally risk free. It would have been a good idea to get it though when it dropped to $900 last month.
     
  13. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP

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    I bought some btc when it was around 800. Sold on 1000. Thinking of buying again once it becomes a little cheap.
     
  14. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Bitcoin is definitely going to drop to $15 a coin and then back up to $13500 by the end of the year. Trust me I'm an expert at making up random figures on forums that have absolutely no basis.
     
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  15. johnsim135

    johnsim135 Registered Member

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    What i feel is virtual thing especially virtual currency do not have any value and can collapse anytime.We cannot make sure that the founder won't duplicate amount of bitcoin and thus the value decrease.The founder of bitcoin is still an anonymous.I don't trust thing from anonymous since it do not have any identity verify.Also,Central Banks of almost all country do not recognised bitcoin.

    P/s:I feel bitcoin is not a currency.I only trust currency that is recognised by government and can be touch by hand.

    The founder can create bitcoin mean he/she has a way to destroy it.
     
  16. howard_hughes

    howard_hughes Elite Member

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    Sorry but that does not make any sense. the currency you hold/touch like dollars has no intrinsice value. its just paper. That value is based on trust that you put in government, that govt will pay you the sum which is printed on the notes.
    Similar is the case with bitcoin. and No, the central banks will never recognize it because they fear bit coin will kill them eventually. it's anonymous and thats the biggest advantage of it.
     
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  17. sturose

    sturose Jr. VIP Jr. VIP

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    Pleez send me link to buy, add me skype kknd sir
     
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  18. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Shureleez add me on skypes @mrmillionaire as you can sees by my usernamez i has lodes ov monies so you nos weez can doos busness and money is safe long time
     
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  19. LukaB

    LukaB Jr. VIP Jr. VIP

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    Have money invested into BTC & ETH. It's extremely hard to predict so it's all speculation.

    - Bitcoin is already on some major websites however all transactions for those sites are typically in the $xxx-$x, xxx range. BTC needs to enter the $0.x-$xx range in order for people to truly experience its effectiveness.

    - It has the potential to revolutionize how industries work. For example, we are living in a world where things are much more accessible. In the past, you buy each song / album individiaully. Now you just sign-up with Apple Music/Spotify and you have access to millions of songs. Same with movies, shows, TV etc. It wouldn't surprise me if the music industry, for example, released free music, but giving people the ability to do micro-donations as low as a few cents. There wouldn't be any fees.

    - Kim Dotcom is introducing Bitache which might really make Bitcoin go mainstream. I suggest you research Bitache. Kim Dotcom is an extremely smart person and it's rare that he's been wrong. If you follow his Twitter feed you'll see that he's pretty legit, and he's already correct about BTC reaching where it's currently at. Sure, wild guess maybe. He predicts BTC will reach $2,000 by the end of this year, and has a potential of reaching $10,000 by 2020.


    Bitache IMO is the next big hope for BTC to really become mainstream. Let's wait and see. But again, I'm no expert at all I'm just taking the "risk" with it. Don't blame me if you go bankrupt.


    At the same time, there are talks that BTC might split into two (which would cause a major crash temporarily - good time to be buying).


    ETH is good for day-trading, just waiting for my eToro account to be verified. Taking a wild guess that ETH will hit $100 within the next 2 months and $250 by the end of the year.


    LukaB
     
  20. Repulsor

    Repulsor Power Member

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    How do you know thats too much? You were amazed at how it grew from 500-1200. How do you know it wont hit $2500 by this year? Any sources?