2016, The Year of Bitcoin? - page 109.

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Quote from: Lazada on October 03, 2015, 06:18:30 AM

Quote from: thinkinger on October 01, 2015, 12:18:39 PM

i think it can rise upto 500 dollars but in a 5 -10 years bitcoin will die due to dollar.

I believe this .I like your prediction Wink

People like unrealistic things.
No force can stop bitcoin growing, including dollar. Bitcoin is better money than dollar in all means. So bitcoin may kill dollar when bitcoin raises as a global currency. May be that may not happen in 2016, but definitely will happen soon.

Amph

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Quote from: thinkinger on October 01, 2015, 12:18:39 PM

i think it can rise upto 500 dollars but in a 5 -10 years bitcoin will die due to dollar.

what you mean due to dollar? it's not like dollar will be anything better in the future, on the contrary it willonly get worse for fiat

bitcoin can only die if the price remain there forever, resultin in miners abandoning the network

n2004al

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Quote from: thinkinger on October 01, 2015, 12:18:39 PM

i think it can rise upto 500 dollars but in a 5 -10 years bitcoin will die due to dollar.

Bitcoin will die never. It is the first product of one disruptive technology which will defend it at every cost. Then the qualities bitcoin have make it unique and very competitive with every kind of other currency.

Lazada

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Quote from: thinkinger on October 01, 2015, 12:18:39 PM

i think it can rise upto 500 dollars but in a 5 -10 years bitcoin will die due to dollar.

I believe this .I like your prediction Wink

thinkinger

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i think it can rise upto 500 dollars but in a 5 -10 years bitcoin will die due to dollar.

Lazada

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I feel very confident because in the beginning of bitcoin XT 206 will appear as a comparison.

bitgolden

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Definitely bitcoin will get a boom by the middle of 2016. Because of mining reward halving is scheduled by july2106. This is the great news who are believing that bitcoin will save their live. Bitcoin will test the new higher prices by the end of 2016 if new mining chip arrives as they promise.

asad777

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i think yes
i belive that the price will go up on 2016 to reach at least 500 dollar
i hope that bitcoin become more popular and trusted by people (while it might be risky)

lorylore

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I think that in the beginning of the 2016 there will be not much difference from this year.
Maybe it can be increased but a small percentage, when will increase the price is when the block reward will be deducted for 50%
At that time the price of bitcoin can be boosted (pumped) and we will be happy

Abiky

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Quote from: Hugroll on September 29, 2015, 09:12:11 PM

price should go up this time cuz the supply is decreasing by alot

Exactly. That means that Bitcoin is becoming rare and thus its demand will increase as well as it's price. I'm keeping my fingers crossed for a hopefully increase in price by the next halving (probably around 2016) With its current price is the perfect time to buy some more. (that is if price goes up by then) Cheesy

Hugroll

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price should go up this time cuz the supply is decreasing by alot

BitcoinPenny

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I figure after it's been stabilized for a while (and it seems to be getting there), more people will start to trust it and be willing to start using (and enjoying) it. And 2016 looks like a good year for that to happen.

Fingers cross'd.

Regards,
Christopher

Abiky

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Quote from: gripflierGO on September 29, 2015, 01:03:49 PM

Quote from: Abiky on September 29, 2015, 10:21:43 AM

Right now, Bitcoin is very unstable so it would probably take another 4-5 years to really see an impact on it. Maybe the next year would be better, but nobody knows if it will be because crypto is unpredictable. Only time will tell if Bitcoin's price would reach $1000 and mainstream adoption Roll Eyes

What you are saying is correct but I think that in the year 2016 the prices would atleast go bit higher as compared to 2015 mainly depends on the adoption level and the demand of bitcoins, if the adoption level is higher prices would be higher and much more stable, and that is time we all are waiting for, the day bitcoins hits the mainstream the prices would be more stable.

And probably the main reason of Bitcoin's price instability would be the surge of new alt coins like Ethereum which is mostly hype. But then I could be wrong. Anyhow, I hope to see something good when the next halving comes in. I also which that the block size issue would be resolved but that's not up to me. Cheesy

marionix

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Yes it will be a good year for Bitcoin

Blawpaw

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Quote from: MadAlpha on August 26, 2015, 07:43:19 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.

Let's hope 2016 can turn out to be the Bitcoin year... However I do believe that 2016 will most probably the Blockchain year rather than the Bitcoin year!

tommorisonwebdesign

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Quote from: Hazir on September 29, 2015, 01:59:52 PM

Quote from: lorylore on September 28, 2015, 10:00:56 AM

I am very optimistic that the bitcoin price in 2016 will increase.
In the july of 2016 the block reward will be deducted by 50% (from 25BTC to 12.5BTC)
And i am very curious to know if the bitcoin price will be increased or decreased?

If you want to know what may happen you should study previous halving in 2012, it will give you idea about the situation.
On first glance price of BTC should rise. But Bitcoin volatility is not something you could explain by logic, so I am not so sure anymore.

I am not as optomistic about Bitcoin this year. Last year everyone was saying the price of Bitcoin was going to really take off. Nowthis time around I am not as optomistic. Last year at this time the price was over $400 now it is almost half that. I don't think the price will rise again until the blocksize debate is resolved and mining halves. Until then we're in limbo.

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Quote from: lorylore on September 28, 2015, 10:00:56 AM

I am very optimistic that the bitcoin price in 2016 will increase.
In the july of 2016 the block reward will be deducted by 50% (from 25BTC to 12.5BTC)
And i am very curious to know if the bitcoin price will be increased or decreased?

If you want to know what may happen you should study previous halving in 2012, it will give you idea about the situation.
On first glance price of BTC should rise. But Bitcoin volatility is not something you could explain by logic, so I am not so sure anymore.

LFC_Bitcoin

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I'm very optimistic about 2016 although I predict the high of 2016 to be Q3-Q4. The halving will play a big part in a price increase. Now if only we could come to some sort of conclusion on block sizes.......

NextTroll

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Quote from: Shinpako09 on August 26, 2015, 08:44:43 AM

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.

Long have to wait Grin

gripflierGO

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Quote from: Abiky on September 29, 2015, 10:21:43 AM

Right now, Bitcoin is very unstable so it would probably take another 4-5 years to really see an impact on it. Maybe the next year would be better, but nobody knows if it will be because crypto is unpredictable. Only time will tell if Bitcoin's price would reach $1000 and mainstream adoption Roll Eyes

What you are saying is correct but I think that in the year 2016 the prices would atleast go bit higher as compared to 2015 mainly depends on the adoption level and the demand of bitcoins, if the adoption level is higher prices would be higher and much more stable, and that is time we all are waiting for, the day bitcoins hits the mainstream the prices would be more stable.

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