Bitcoin Litecoin is getting warmer doc! what price will Bitcoin hit this Christmas 2015?

It’s mid June 2015 almost summer time 2015. Bitcoin been stabilized, some may say it’s just a sitting duck. The price of Bitcoin isn’t going anywhere except up a little bit then down, then up then down. Perfect for day trading actually. Wait for it to down a little like 235 then buy, then wait for it to go up 240 or so then sell. Repeat the process. At least Bitcoin isn’t going down further than what it is today hovering around 230s ish.

Now Litecoin been making headline. Litecoin price looks pretty good! it’s up quite a bit along with Bitcoin and Dogecoin, but higher in %.  There are news on Litecoin similar to Bitcoin when I searched on google news. Versus Dogecoin when I search for news on Google News I don’t see any. So Litecoin might be the 2nd top cryptocoins to invest, and then Dogecoin probably in third place. Other cryptocoins are probably so scam coins, up one day, down one day for reasons of scamming so call, pump then dump.

My prediction for Christmas? the truth is, it could be $1, it could be $1000. However if you asked me, I think by Christmas 2015 it will be between $400 to $500. However I also have that feeling it will be up but around $300 or so.

The price of Bitcoin is really good for day trading actually.

All We Need is MORES BAD NEWS on Bitcoin

Bummer! if the price of Bitcoin isn’t doing well enough, now it’s software/apps for Bitcoin not doing so well. Latest news:

“resulted in one specific address being generated multiple times, leading to a loss of funds for a handful of users.”

 

http://www.theguardian.com/technology/2015/jun/01/bitcoin-app-critical-update-bug-crypto-breakdown

Blockchain advises users who fear they were affected to update their app, create a new bitcoin address, and transfer their funds out of the affected wallet.

I’m glad that I didn’t use Block chain as my Bitcoin wallet.

This is what I’ve been afraid of for a very long time. People told me that Bitcoin wallet are unlimited, it is impossible to have duplicate wallet address, but apparently not totally true, as today we’ve confirmed that multiple wallets with same address generated, meaning your bitcoin could be in someone else’s wallet or pocket, if they found out about it, for sure they will transfer those coins out and you can say good bye to all your bitcoin in that wallet. No, not possible to trace whom had the same Bitcoin wallet address as you.

The price of Bitcoin continue to tumble after this news confirmed and released. We might see Bitcoin down to 100s in the next several weeks. Result from loosing faith and not confident in Bitcoin secure your Bitcoin properly.

It was great with Dogecoin went up for several weeks

Over the past several weeks Dogecoin skyrocketed continuously daily, but look like now the fun is over as it started to slip down slowly. At the same time Bitcoin isn’t doing too well either.

Bitcoin has been hurting and it’s not going anywhere for a great while now, it’s dead at 230s. Well folks, that’s what Dogecoin people been saying also, but look all of a sudden Dogecoin rise for 2-3 consecutive weeks from 20-30 to 80-90 within 3 weeks or. It could happen to Bitcoin although it already had. Hold on to your Bitcoin, or buy your Bitcoin now and wait for the rise again. Many people said that Bitcoin was never meant to even go to $100 so soon, but $1000 is a bubble or pump as some might say.

So what’s next? well just like any other cryptocoins, waiting for the pump, we don’t know for how long, but it will be awesome and we don’t know how long is the awesome time either, it could be hours to weeks or months.