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Topic: 2016 - Bitcoin or Blockchain? (Read 1522 times)

legendary
Activity: 1232
Merit: 1030
give me your cryptos
December 20, 2015, 06:49:20 PM
#25
The blockchain is the bitcoin network. You can't compare them. That's like comparing apples and oranges. You've already answered your question. 2016 WILL be the year of bitcoin, and it's the thing to invest in.
legendary
Activity: 1456
Merit: 1001
December 20, 2015, 06:17:42 PM
#24
I see a good year for both, bitcoin will grow with new users, new shops that accept it, and i suppose that it will increase the price. The blockchain will have lot of investors from big companies. As an small user i prefer to invest in bitcoin, i have no possibilities to invest with big companies on blockchain.
tyz
legendary
Activity: 3346
Merit: 1530
December 20, 2015, 05:51:36 PM
#23
i personally think that Bitcoin will go mainstream in 2016, but no later than 2017. The breakthrough of Bitcoin will highly depend on the economical development and the strength of the fiat monetary systems. i think it will survive some more years, therefore Blockchain will a brighter future in 2016 than Bitcoin.
legendary
Activity: 1456
Merit: 1004
December 20, 2015, 03:43:55 PM
#22
Blockchain will survive as tech. Bitcoin will sink(value almost none) once another big exchanger will go down. It's just a matter of time.

Instead, blockchain will be developed further by big companies like IBM and it will be implemented in many sectors.

Bitcoin is just a speculative e-currency where the black market is preponderant(over 90%).
sr. member
Activity: 406
Merit: 250
December 20, 2015, 09:36:20 AM
#21
I would pick bitcoin over any blockchain. I believe I can make the best profits off bitcoin then any other blockchain out there. I'm very hopeful for bitcoin next year and can't wait to see what happens next.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
December 20, 2015, 08:22:44 AM
#20
You can't oppose BTC and the blockchain. It's like Rolls Royce and the automotive industry. There's only one BTC but there are hundreds of blockchain. I believe there will be more than 1,000 blockchains before the end of 2016.

Blockchain is technology, whereas BTC is a currency, it's also some kind of a brand.
legendary
Activity: 1862
Merit: 1004
December 20, 2015, 08:03:07 AM
#19
Many believe that bitcoin true value is block chain. Block chain is mathematical foundations of bitcoin and the best defense against fraud than many of the systems employed by businesses today.
So no wonder corporations and financial institutions are madly interested, not to mention they can create their own version of block chain without need of paying for patents.

Sadly I think 2016 will be year of block chain, not bitcoin. I hope I am wrong.
legendary
Activity: 1442
Merit: 1000
December 20, 2015, 06:16:53 AM
#18
I think bitcoin is going to have a huge year and sadly I
dont have as much as I want. Really hoping for a pullback
to 350 ish otherwise I may miss the bus  Angry
legendary
Activity: 2296
Merit: 1014
December 20, 2015, 05:57:18 AM
#17
Lots of people believe that 2016 will be a very good year for the bitcoin industry. I Believe that 2016 will even more important for the Blockchain.

So where to invest in the coming year?

http://www.thestreet.com/story/13403132/1/a-case-for-investing-in-bitcoin-in-2016.html
Blockchain IS Bitcoin. Without Bitcoin computing power, blockchain technology is worthless because can be easily manipulated and isn't diffirent than normal database Smiley
legendary
Activity: 3206
Merit: 1069
December 20, 2015, 05:51:40 AM
#16
Everyone including me who learned about bitcoin will start their own alt-coin (or so called blockchain technology) in 6 months, and in another 6 months they will find out working on alt-coins is a waste of time, then they will return to bitcoin. Now it is banks turn for bank's alt-coin experiment

For banks this will be quite different though. Unlike your coin, it wont be open source or decentralized. No one can mine there coins, it only runs in the background to smooth transactions.

Expect some funds popping up where you can invest in blockchain themed stocks or something.

the end would be the same no one will accept it, if it does not offer anything over their current centralized money which is fiat money

at least some random altcoin are decentralized and can come with a nice feature, like anonymity
sr. member
Activity: 266
Merit: 250
December 20, 2015, 01:40:37 AM
#15
It has always been about the blockchain.
legendary
Activity: 1512
Merit: 1011
December 20, 2015, 01:38:19 AM
#14
Lots of people believe that 2016 will be a very good year for the bitcoin industry. I Believe that 2016 will even more important for the Blockchain.

So where to invest in the coming year?

http://www.thestreet.com/story/13403132/1/a-case-for-investing-in-bitcoin-in-2016.html
i still believe that invest to bitcoin is a good way and profitable,and i wondering how can you believe that 2016 will even more important for the Blockchain?
If applications for bitcoin continue to gain traction, 2015 could be touted the year that overlooked bitcoin.

That's very true statement even I believe 2016 will be the year of Bitcoin because Blockchain is an application for Bitcoin and it make profit only when transaction are made in Bitcoin so if Blockchain earns profit then Bitcoin will earn much more profit than Blockchain, go for Bitcoin if you really wanna get a good return for long term.
hero member
Activity: 518
Merit: 500
December 19, 2015, 04:49:46 PM
#13
Lots of people believe that 2016 will be a very good year for the bitcoin industry. I Believe that 2016 will even more important for the Blockchain.

So where to invest in the coming year?

http://www.thestreet.com/story/13403132/1/a-case-for-investing-in-bitcoin-in-2016.html
i still believe that invest to bitcoin is a good way and profitable,and i wondering how can you believe that 2016 will even more important for the Blockchain?
If applications for bitcoin continue to gain traction, 2015 could be touted the year that overlooked bitcoin.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
December 19, 2015, 04:22:10 PM
#12
You better buy bitcoin now and sell them at peak near block reward halving time or july of next year. To  invest in blockchain requires lots of fund, so if you could get much profit out of that bitcoins than try to invest in blockchain based companies and services if you like.

Quite a nice move if you bought in the $200 ranges. But the thing about bitcoin is that you can't actually predict the top. That feeling when you sold and feel that it won't rise anymore and afterwards, you see that it goes on and on and on makes you feel like an idiot and think of buying again at high prices, only to be caught up by others already selling, so long term hodling is still the best thing to do imo. Smiley
hero member
Activity: 2002
Merit: 721
December 19, 2015, 03:55:58 PM
#11
Quote
it wont be open source or decentralized
The Open Ledger Project vows to be open source: http://www.wired.com/2015/12/big-tech-joins-big-banks-to-create-alternative-to-bitcoins-blockchain/
Revealing your code and letting others have the possibility to modify it is merely a choice that you make or not as a programmer. Of course that system won't be decentralized, though, because that would defeat the purpose, which is to keep control over the economy.
hero member
Activity: 560
Merit: 500
December 19, 2015, 03:49:46 PM
#10
Banks with their blockhain technology may reduce their wages and bills but in the end that difference wont be passed to their costumers,and they wont bring nothing new to bitcoin community,or their costumers.I doubt you go into the bank and ask a big ammount to play bitcoin and the person there say sure i will lend you to play with what?No way are you insane what is that food?

Bitcoin is getting more and more members and even more people need to save their fiat ,to avoid the governments to take full control and freeze and steal a part of your money,this bitcoin can block their act,even loosing some value ,you can easy manage to take out the funds.
legendary
Activity: 1946
Merit: 1007
December 19, 2015, 02:37:12 PM
#9
Everyone including me who learned about bitcoin will start their own alt-coin (or so called blockchain technology) in 6 months, and in another 6 months they will find out working on alt-coins is a waste of time, then they will return to bitcoin. Now it is banks turn for bank's alt-coin experiment

For banks this will be quite different though. Unlike your coin, it wont be open source or decentralized. No one can mine there coins, it only runs in the background to smooth transactions.

Expect some funds popping up where you can invest in blockchain themed stocks or something.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
December 19, 2015, 01:45:36 PM
#8
Everyone including me who learned about bitcoin will start their own alt-coin (or so called blockchain technology) in 6 months, and in another 6 months they will find out working on alt-coins is a waste of time, then they will return to bitcoin. Now it is banks turn for bank's alt-coin experiment
legendary
Activity: 1512
Merit: 1009
December 19, 2015, 01:37:03 PM
#7
Why not both? If you're investing in the blockchain, you're investing in Bitcoin and vice versa Smiley
newbie
Activity: 52
Merit: 0
December 19, 2015, 01:33:37 PM
#6
You better buy bitcoin now and sell them at peak near block reward halving time or july of next year. To  invest in blockchain requires lots of fund, so if you could get much profit out of that bitcoins than try to invest in blockchain based companies and services if you like.

This seems to be solid advice. The halving of block rewards will definitely have an impact on the price of Bitcoin.

I'm personally waiting on the price to dip just a bit more before I purchase any Bitcoins, but will be doing it way in advance of the reward halving.
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