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Topic: 2016, The Year of Bitcoin? - page 106. (Read 169265 times)

legendary
Activity: 1470
Merit: 1002
November 12, 2015, 04:09:05 AM
btc demand is definitely climbing everyday as it get advertised in very little ways throughout the years throughout the diff countries at different media. so demand is increasing as it slowly reach out to more people.

and as we know, the supply is very limited, so with more people coming it, btc will get more dilute and thus the value will increase to match with the demand for each dilute amount.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 12, 2015, 03:59:16 AM

can you compare bitcoin with FIat ?
with unlimited cash paper ?

bitcoin is limited supply not like fiat currency

Fiat doesnt hold it's value, it loses it, just look USD/XAU chart and see what I mean

http://www.xe.com/currencycharts/?from=USD&to=XAU&view=10Y

Bitcoin so far helt its value for 1 year, and now raised from 220$ to 300$, despite being inflated 1.2m $ daily.

That means the BTC demand ≥  supply
member
Activity: 136
Merit: 10
November 12, 2015, 03:54:19 AM
Yes, I agree there will be mainstream adoption, but I find it hard to believe how most people say bitcoin will hit multiple thousands. Sure, 1 thousand, but not two or more. Bitcoin wouldn't be stable enough at that height. Especially with the 1000 to 200 drop previously, people will be very wary now.
sr. member
Activity: 336
Merit: 250
November 12, 2015, 03:52:25 AM
I hope so that 2016 is the year of BTC. So that I can buy a awesome PC with my BTC.
sr. member
Activity: 364
Merit: 250
November 12, 2015, 02:58:54 AM
2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant

There are 3600 coins minted every day, thats 1.2 million $ inflation every day. Of course it hurts the price.

We need to push every day 1.2 million $ just in order to maintain current price levels. If it halves to 600,000$ it will be twice as easier.

And then that extra 600,000$/day + other speculator money will pour into bitcoin making higher prices.

can you compare bitcoin with FIat ?
with unlimited cash paper ?

bitcoin is limited supply not like fiat currency
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 12, 2015, 02:40:22 AM
2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant

There are 3600 coins minted every day, thats 1.2 million $ inflation every day. Of course it hurts the price.

We need to push every day 1.2 million $ just in order to maintain current price levels. If it halves to 600,000$ it will be twice as easier.

And then that extra 600,000$/day + other speculator money will pour into bitcoin making higher prices.
sr. member
Activity: 364
Merit: 250
November 12, 2015, 02:35:28 AM
2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
November 12, 2015, 01:46:34 AM
The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

Yep, the halving is close, and price could jump to 5000$ easily if we put some effort in it.

It's not hard to imagine a 30-40 billion market cap crypto industry. We just need to breakthrough on the wallstreet and bank investors to join us.

And the many more mainstream people too!
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
November 12, 2015, 01:43:11 AM
2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley
sr. member
Activity: 294
Merit: 250
November 12, 2015, 01:32:15 AM
lets hope it really happen,i have boring to waiting the year of bitcoin  Grin
sr. member
Activity: 364
Merit: 250
November 11, 2015, 09:17:42 PM
Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.

bitcoin is very populer at online people
and im sure all of smart people know about bitcoin but not much use it

because bitcoin have many bad impression
yes bitcoin is popular online, but for people that really don't know about cryptocurrencies bitcoin isnt even a thing for them. we need to find a way to show bitcoin to those people, and maybe even merchants if merchants start adopting bitcoin as a method of accepting payments then alot of their customers will be attracted.
sr. member
Activity: 364
Merit: 250
November 11, 2015, 08:29:17 PM
Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.

bitcoin is very populer at online people
and im sure all of smart people know about bitcoin but not much use it

because bitcoin have many bad impression
sr. member
Activity: 364
Merit: 250
November 11, 2015, 07:56:20 PM
Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.
sr. member
Activity: 378
Merit: 250
November 11, 2015, 07:39:25 PM
Let's look at it this way... a lot more are jumping in than dropping out  Wink
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 11, 2015, 07:32:25 PM
Lets just be patient until Bitcoin's time comes in 2016. Right now, price has increased a little bit (although it has gone lower today) so I think it would be a good sign for when the next halving comes. It is a bright future out there for Bitcoin in the next years.  Grin
legendary
Activity: 1288
Merit: 1036
November 11, 2015, 07:52:54 AM
Yes we can expect when can expect that bitcoin prices will go to some $600 level by the end of the year hopefully as per the latest positive news the supports bitcoin growth.
I believe you we can expect $1000 price levels around the halving.

Like most here, I also strongly believe 2016 will be a good year for Bitcoin based on all the developments so far
I'm not sure about hitting $1000, I'd say we can expect an average price of $500~700.

It will be interesting to see how much effect halving will have on the price because with LTC it didn't make much difference

The reason beginning believing in 2016 must be halving. So many people are expecting more than previous level peak in 2016. I do strongly believe bitcoin may go to new highs in 2016.
LTC just got doubled in value at that time due to its halving this year.
full member
Activity: 210
Merit: 100
BTC > etc
November 11, 2015, 06:33:29 AM
Yes we can expect when can expect that bitcoin prices will go to some $600 level by the end of the year hopefully as per the latest positive news the supports bitcoin growth.
I believe you we can expect $1000 price levels around the halving.

Like most here, I also strongly believe 2016 will be a good year for Bitcoin based on all the developments so far
I'm not sure about hitting $1000, I'd say we can expect an average price of $500~700.

It will be interesting to see how much effect halving will have on the price because with LTC it didn't make much difference
full member
Activity: 140
Merit: 100
November 11, 2015, 05:44:44 AM
Bitcoins have been around us since some time, some of us have had bad experiences, while most others have had good experiences. It's not certain known fact that with going time, either things get more and more popular or more and more scarce and ancient.
First one is going to be the case with bitcoins. Bitcoins have always offered a plus point to everyone. And people who have good experiences are recommending it to their loved ones. As a result, community is growing. In the upcoming 2016, users will grow more, so it's not surprising to say that 2016 can be the year for bitcoin.
hero member
Activity: 533
Merit: 500
November 11, 2015, 05:40:37 AM
2015 is the year of turning point for bitcoin price comes out of bear market. 2016 is the year for bitcoin to be reported more in main stream media and used more as a currency.

2016 would be definitely year of the bitcoins as we have already started to see the change, whether it is price or adoption level or acceptance level of the people, bitcoins is getting more and more popular day by day and it would be continuing in the coming years too, and surely its gonna give us good returns in the coming years.
legendary
Activity: 2100
Merit: 1058
November 11, 2015, 01:12:34 AM
2016 bitcoin will be high rate maybe comeback to $1000
and stable at $700

hope i have 5BTC to sell at $1000

I also hope that like you. but I think the price bitcoin at the end of 2015 at least got to touch $550-600. so that at the beginning of 2016 bitcoin prices increasing $700-1000 Smiley

Yes we can expect when can expect that bitcoin prices will go to some $600 level by the end of the year hopefully as per the latest positive news the supports bitcoin growth.
I believe you we can expect $1000 price levels around the halving.
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