Topic: 2016 Has Brought a Bitcoin Awakening (Read 3364 times)
The price rise this year could attract some people to the bitcoin and they might use bitcoin and help further price rise.
Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.
At least the stone touched the water and the wave is spreading slowly
yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me.This year only?? Look like you forgot some big happenings last year.
Also how did you know that we have good increase of adoption this year?
2016 adoption is a chaineffect of what the adoption stats of the past years brought in this crypto world.
yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me.This year only?? Look like you forgot some big happenings last year.
Also how did you know that we have good increase of adoption this year?
2016 adoption is a chaineffect of what the adoption stats of the past years brought in this crypto world.
yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me. 
yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.
I agree that it is no as high as VISA or even PayPal market cap but you can easily notice that since Op posted this thread in May Bitcoin capitalization rose from 7 billion to 11.9 billion now. There are not many assets I know that can achieve similar grow percentage ratio. In fact bitcoin is the only one AFAIK.
Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.
Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.The main difference with the current price and the past prices, when it achieved the 1000 dollars is this time bitcoin has a big community supporting it, being solo miners, big farmers and several holders. Bitcoin its just readjusting the value as the miners rewards will go down, it makes pressure into the miners and they are for sure the reason under the pump that should cross the 800 dollars this year.
Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
Looking at this thread, to think that in mere months, the market cap has gone from 7 billion to an excess of 10 billion, while it took more than 7 years to get to 7 billion. Boy, does the tech world move fast.
Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
What made 2016 gave Bitcoin:
On world markets increased volatility, and therefore any liquidity problems. As a result, funds and investors found Bitcoin as a way to store assets with low risk.
Installing an increasing number bitcoin terminal and development-friendly Bitcoin transfers platforms have allowed more and more people around the world to send money via Bitcoin
By all indications, 2016 Bitcoin became incredibly successful - perhaps that's when investors realize they can no longer afford to ignore the fundamental paradigm shift in the financial industry.
Good info, that is what really happening in this year and we could tell it' real due to the evidence of price increase. Not only the halving is pushing the price to go up but with real good news and improvement of bitcoins in the system to make it more convenient. On world markets increased volatility, and therefore any liquidity problems. As a result, funds and investors found Bitcoin as a way to store assets with low risk.
Installing an increasing number bitcoin terminal and development-friendly Bitcoin transfers platforms have allowed more and more people around the world to send money via Bitcoin
By all indications, 2016 Bitcoin became incredibly successful - perhaps that's when investors realize they can no longer afford to ignore the fundamental paradigm shift in the financial industry.
What made 2016 gave Bitcoin:
On world markets increased volatility, and therefore any liquidity problems. As a result, funds and investors found Bitcoin as a way to store assets with low risk.
Installing an increasing number bitcoin terminal and development-friendly Bitcoin transfers platforms have allowed more and more people around the world to send money via Bitcoin
By all indications, 2016 Bitcoin became incredibly successful - perhaps that's when investors realize they can no longer afford to ignore the fundamental paradigm shift in the financial industry.
On world markets increased volatility, and therefore any liquidity problems. As a result, funds and investors found Bitcoin as a way to store assets with low risk.
Installing an increasing number bitcoin terminal and development-friendly Bitcoin transfers platforms have allowed more and more people around the world to send money via Bitcoin
By all indications, 2016 Bitcoin became incredibly successful - perhaps that's when investors realize they can no longer afford to ignore the fundamental paradigm shift in the financial industry.
If governments and especially central banks would be led by intelligent people, they would have set aside a small pot of venture capital to invest in emerging technologies. Buying Bitcoin at its current valuation requires only minuscule financial resources for a central bank while at the same time having a potential of extremely high returns.
An arms race between central banks will only occur if purchases of Bitcoin by central banks will become public. Most probable, CB's will accumulate Bitcoin in secret. However once the first central bank announces that it already has bought Bitcoin, buying panic might ensue... The first movers will clearly win. If I had to bet I'd say it will be a rather small country that will move first
An arms race between central banks will only occur if purchases of Bitcoin by central banks will become public. Most probable, CB's will accumulate Bitcoin in secret. However once the first central bank announces that it already has bought Bitcoin, buying panic might ensue... The first movers will clearly win. If I had to bet I'd say it will be a rather small country that will move first
It makes no sense for CB's to buy bitcoins, and they are not fools (whether you like it not). Unlike gold, Bitcoin doesn't have intrinsic value (well, mostly), so what's the purpose of doing that?
Even with gold, all CB's plus the IMF hold cumulatively less than 20% of all gold out there
Bitcoin has this year not the best year that it can have and that is because it was not rising that much in this year and we have to wait a longer time until the value will be more.
But we need also the patience to wait a longer time until we can sell it with huge profit and that would be nice.
I agree with you. I think this year is memorable for bitcoin though because I think this year is where it will start rising to the moon because of something. Let's just wait and time will tell what the bitcoin's price will be.But we need also the patience to wait a longer time until we can sell it with huge profit and that would be nice.
Bitcoin has this year not the best year that it can have and that is because it was not rising that much in this year and we have to wait a longer time until the value will be more.
But we need also the patience to wait a longer time until we can sell it with huge profit and that would be nice.
But we need also the patience to wait a longer time until we can sell it with huge profit and that would be nice.
The price will not hit at $450 again, believe me I have dream about his already. I thinks its going to go upwards until the end of the halving. Its the power of halving we are witnessing now so lucky are those who bought bitcoins at a lower price.
I agree that the price is no longer expected to reach $ 450 and will only continue to grow.
But I think this is due to sharply increased demand for the Chinese market, where local traders have to make important decisions in relation to the falling value of the yuan.
It is the sign of the coming halving, that's why bitcoin now is awakening from it's short term sleeping. It will continue to go to skyrocket
for the next year, that's for sure guys.
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