The fork thing has really tainted the Bitcoin reputation and in my view it will take some time to recover from that. We need to reclaim the trust relationship from the potential investors, that Bitcoin development is stable and free from any personal reward incentives for a few individuals on the side.
Pay these developers to concentrate on Bitcoin development NOT Blockstream or The lightning Project side shows.
Topic: 2016, The Year of Bitcoin? - page 114. (Read 169265 times)
well you guys have also told previous year that 2015 will be the year of bitcoin but suddenly the prce dropped from 500$ to 200$ and we are still using it..now I hope the price will go upward again
i dont think itll rise much in price until the 21million is mined
as long as bitcoin is having a steady growth towards high prices and is being accepted by more people everyday then it is going to rise. and by growth I mean the overall state of the market no the little ups and downs.
i dont think itll rise much in price until the 21million is mined
Honestly, Bitcoin is so incredibly unpredictable that I doubt anybody knows enough to say how an entire year will go. There are so many different factors.
IMO, it won't happen all at once 
you will see those slow and steady steps toward the success.
you will see those slow and steady steps toward the success. 
Ah, the annual post. Glad to be part of it.
People expect it to be right at least this time.
2014 was a disaster. 2015 doesn't look too bright.
2016 - Maybe there is a chance.
Ah, the annual post. Glad to be part of it.
bitcoin will rise and continue to strengthen
Well 2014 and 2015 have not been so great, so why not 2016 being a good year. Maybe the block reward reduction will brew some excitement.
Totally agree with Enfield that every year is the year of bitcoin, but sometimes its true.
I echo the complaints about the XT debate, it does not inspire a lot of confidence.
Good Luck!
Totally agree with Enfield that every year is the year of bitcoin, but sometimes its true.
I echo the complaints about the XT debate, it does not inspire a lot of confidence.
Good Luck!
With the expectation of global crysis, I dont think 2016 will be year of BTC.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
I agree on you about that the main stream adoption still did not happen. However, I'm sure more people know about Bitcoin these days. Especially in comparison with 1 or 2 years ago. However, I think we're still in a very early stage of the life of Bitcoin. That makes 2016 also an important year which could 'make or break' Bitcoin. Looking at the downwards trend of the value of Bitcoin lately, I think something should change to make Bitcoin successfull soon. Otherwise, I guess we just have to wait and see what the future is going to bring us.
2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.
I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
I mean, if you don't look at the bigger picture, you could argue that 2013 was the year of Bitcoin. We saw insane gains in price, acceptance, and news coverage in that year. The tail end of 2013 is when most people first heard about Bitcoin, after all.
Well if 2013 was the year of bitcoin then it's been and gone and that's no good. We need something optimistic to look forward to. The '13 bubble was probably caused by willybot on gox so maybe we will never get there again.
Meh, I disagree regarding the Willy bot. Anyone who maintains that Willy caused the bubble wasn't watching the Chinese exchanges (Huobi in particular). There may have been a feedback loop, but there is no doubt in my mind that the heightened demand came predominantly from China. As usual, the West played mostly a reactionary role.
With the expectation of global crysis, I dont think 2016 will be year of BTC.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
I think if/when a global economic crisis takes place, that would actually be incredibly good for Bitcoin. One of the major misconceptions of Bitcoin is that it's unstable and extremely volatile, when our neighbors and co-workers complain about all the money they are losing, we must simply flaunt our stable investment (Bitcoin) and surely at least some others will decide to hop on the train.
With the expectation of global crysis, I dont think 2016 will be year of BTC.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.
2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.
I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
I mean, if you don't look at the bigger picture, you could argue that 2013 was the year of Bitcoin. We saw insane gains in price, acceptance, and news coverage in that year. The tail end of 2013 is when most people first heard about Bitcoin, after all.
Well if 2013 was the year of bitcoin then it's been and gone and that's no good. We need something optimistic to look forward to. The '13 bubble was probably caused by willybot on gox so maybe we will never get there again.
2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.
I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
I mean, if you don't look at the bigger picture, you could argue that 2013 was the year of Bitcoin. We saw insane gains in price, acceptance, and news coverage in that year. The tail end of 2013 is when most people first heard about Bitcoin, after all.
2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.
I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"
.I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.
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.
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.
It 's easy to predict without any arguments
What make you think Bitcoin is about to go mainstream? Amazon accepting BTC in 2016?
Well yes, Amazon i have a feeling that will accept btc, on that way bitcoin price will change a lot. It should and the Ebay integrate the bitcoin as a payment method. In this way while big e-commerce companies include this payment method the price of bitcoin will increase and people will be more interested to invest in bitcoin.
Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).
Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.
I accept that there can be a loss for amazon if they had added bitcoin this year, we know 300s at the beginning of this year and now 200s and if ebay and amazon implemented this then they would lose -33.33%.
I think they are waiting for bitcoin price to be stable and implement it.
Oh no, I don't mean holding Bitcoin at all. Just by adding Bitcoin as a payment option, companies can lose overall sales. In other words, even if you use a payment processor that transacts the purchases to USD instantly, companies will experience a loss in revenue.
I read up on it a while back, so I don't have too precise of information, but the premise was as followed: Mozilla Firefox began accepting Bitcoin donations. Donations spiked up a bit as everyone who wanted to donate with Bitcoin did at the start. Most people only donated once, and after accepting Bitcoin, donations overall dropped a bit (which was allegedly caused by a loss of credibility in the eyes of potential donators through the acceptance of Bitcoin). In other words, the small group that you could potentially win over by accepting Bitcoin is smaller than the group you could potentially lose from accepting Bitcoin.
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.
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.
It 's easy to predict without any arguments
What make you think Bitcoin is about to go mainstream? Amazon accepting BTC in 2016?
Well yes, Amazon i have a feeling that will accept btc, on that way bitcoin price will change a lot. It should and the Ebay integrate the bitcoin as a payment method. In this way while big e-commerce companies include this payment method the price of bitcoin will increase and people will be more interested to invest in bitcoin.
Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).
Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.
I accept that there can be a loss for amazon if they had added bitcoin this year, we know 300s at the beginning of this year and now 200s and if ebay and amazon implemented this then they would lose -33.33%.
I think they are waiting for bitcoin price to be stable and implement it.
I will not be too optimistic for 2016 given the facts that most banks are working on their own versions of the Blockchain. I predict a major release of several "private"
Blockchain's within the next year.
Blockchain's within the next year.
Honestly I don't see this as a problem at all. I think that they are just doing us a favour. So they are not recognizing us but they are copying and recognizing a technology that we are using. This must be the dumbest move ever.
And even if they successfully build their own private Blockchain's and people start using them, how long will this last? Until the next banks bailouts maybe.
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