2020 will be a material year for crypto. What do you think? - page 3.

bettercrypto

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Quote from: deadthings on December 31, 2019, 11:06:57 AM

Quote from: malekbaba on December 31, 2019, 09:59:36 AM

Honestly I think BTC will make progress , not only in price progress but also technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Bitcoin still has lots of problems but with problems come big opportunities. Price of bitcoin will go up if we see increase in bitcoin adoption along with increase in speed and reduction in transaction fee. I think these are the areas which need to be addresses before we see bitcoin becoming a mode of payment.

Even there are many problems that bitcoin encountered for the last year and still on going, it always surpassed and create a big opportunity for the people and in industry of cryptocurrency. The current state and price of bitcoin doesn't determine where it fall. Instead, it is a bridge that comes along the journey of bitcoin. We need to see it as positive in this year. It will take advantage the halving of its supply. Hopefully it will goes up.

Inkdatar

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Quote from: bitzizzix on January 03, 2020, 04:43:33 AM

In my opinion there may be an increase this year and increase gradually although there is still a decline but it tends to go up especially on bitcoin.
because for too long the market has been in a low position and maybe this year is a good start to go up gradually because everything needs a process to rise from adversity especially altcoin and we have to be patient.

Many of us think that this year will be a tough year for crypto and somehow there will be a possible increase of price. Patience indeed is needed for those who truly believes in crypto even me I still hoping for a positive progress this year.

bitzizzix

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In my opinion there may be an increase this year and increase gradually although there is still a decline but it tends to go up especially on bitcoin.
because for too long the market has been in a low position and maybe this year is a good start to go up gradually because everything needs a process to rise from adversity especially altcoin and we have to be patient.

audaciousbeing

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There is no point being all optimistic and then get your hope dashed because the reality on ground goes against every assumptions in making the prediction. Better to sound prudent by predicting low then getting disappointed with price reaching the all time high than to predict high with so much expectations and getting it punctured.

This year is going to be a challenging one for crypto for one simple reason in my opinion. Lots of countries that have announced the crypto project late last year would begin to see further implementation while other countries would join the trend. With this ongoing, I see the aggressive countries starts to clamp down on the decentralized crypto currencies that we have come to be used to and that will make it a tough period for crypto.

Experia

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Quote from: moviebuff777 on January 02, 2020, 10:19:09 PM

I think the halving will have a huge impact on the price of Bitcoin but we may not see all of the benefit right away. I think there will be an increase in price leading up to the halving but it could take a year or more to see the gradual increase to a six figure price.

It will really depends on the market bro, even now that the halving is on the way there might be a huge changes on the price if investors will provide for the price. Now if the market is still this kind of situation then it will really took time to make a good changes in the price.

red4slash

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Quote from: moviebuff777 on January 02, 2020, 10:19:09 PM

I think the halving will have a huge impact on the price of Bitcoin but we may not see all of the benefit right away. I think there will be an increase in price leading up to the halving but it could take a year or more to see the gradual increase to a six figure price.

if the halving bitcoin starts this year then the impact will be seen in the coming year, the pump movement must take place regularly. therefore halving bitcoin I hope can come this year, at least we can see a growth back in bitcoin.

gabbie2010

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Quote from: Rosilito on January 03, 2020, 12:26:52 AM

Quote from: malekbaba on December 31, 2019, 09:59:36 AM

Honestly I think BTC will make progress , not only in price progress but also technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Looking forward to this event. I wanna see a world wide adoption, surely every transaction would be going convenient. The only hindrance btc get, is the government itself that prevents the rapid expansion of mass adoption of btc, if government are going to be more considerable I don't think price would still go down in a serious condition, nah just a random thoughts of mine. Nevertheless, I just hope there will be no conflicts about this LN as it going near to be deployed.

The truth is that only few government is allowing the use and adoption of bitcoin however some countries are rather adopting blockchain technology just like China and I am very sure other countries would follow-suit while improvement in LN would ensure speedy and swifty transactions thus improve the use of bitcoin as a payment processor.

Rosilito

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Quote from: malekbaba on December 31, 2019, 09:59:36 AM

Honestly I think BTC will make progress , not only in price progress but also technical development will be happened. And we, most of the crypto lover dont focus upon that point. It is Lightening network. The core team is working on it. The team will implement new changes to support basic multi paths payment. There will be 2 new technologies, splicing and dual funding. And both of them will improve the user experience.
And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

Looking forward to this event. I wanna see a world wide adoption, surely every transaction would be going convenient. The only hindrance btc get, is the government itself that prevents the rapid expansion of mass adoption of btc, if government are going to be more considerable I don't think price would still go down in a serious condition, nah just a random thoughts of mine. Nevertheless, I just hope there will be no conflicts about this LN as it going near to be deployed.

ufaiz50

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I understand the point to be applied to the lightning network, then about the development of the transaction system using blocks. halving system is indeed very possible to add transaction costs, and even then because the value of bitcoin in predictions also rose. so the scarcity system would naturally occur, anyway we still have crypto that uses block and exchnage transactions that can be used to swap coins for cheaper transactions.

moviebuff777

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I think the halving will have a huge impact on the price of Bitcoin but we may not see all of the benefit right away. I think there will be an increase in price leading up to the halving but it could take a year or more to see the gradual increase to a six figure price.

TEX-LXRY

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We are very excited about the progress made on the Lightning Network implementation. So much so, that we have integrated with out online store for micropayments below $5. Crypto native economy is the future.

hatshepsut93

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Quote from: tartibaya on January 02, 2020, 04:33:42 PM

I'm very hopeful about 2020. I do not know why. But I have a feeling. It looks like the altcoin season in the first months of 2017. For the Altcoins, there may be another upswing. I think I'il make a big investment.

What makes you say that? The market turned bullish in early 2016, it was slowly growing for the entirety of that year, and then it sped up in 2017, so early months of 2017 were already very bullish. It was nothing like what we have today with this stagnating price that has been the same for months and actually goes down compared to all the action it had in the first half of 2019. Maybe the market will become bullish soon, but it's not what we have right now.

Johnyz

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There will be a lot of updates this year and with bitcoin’s halving everyone is thinking for a positive result and hoping that the market will start to pump this year. More months to go and we should be more optimistic this year and let’s aim for a greater heights again, with cryptocurrency its possible to earn more.

tartibaya

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I'm very hopeful about 2020. I do not know why. But I have a feeling. It looks like the altcoin season in the first months of 2017. For the Altcoins, there may be another upswing. I think I'il make a big investment.

Zionatin

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Quote from: target on January 02, 2020, 09:51:12 AM

We'll just need to expect something every year, it keeps the hope to make us all up and not give up. The halving had already made people come back to crypto and I guess the hype is already building up due to this halving. All it needs now is just another push for it. There are already list of things to see this year like the Defi as well.

Last time the halving happened they were talking about it on the radio even. So it spreads pretty far. People are really silly and give in to hype. When the price shoots up all of a sudden everyone is intersted in crypto and bitcoin, but after that happens the hype dies down and people are not as interested. These are mostly people that do not understand crypto.

Aikidoka

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Probably this year bitcoin will make a good progress. I just feel that though. Currently the price is 7k$ and I have really some good expectation in this new year, I hope that the price will increase to 10k$ at least before the halving and then I wish that's gonna increase slightly till the 20k$ at the end of 2020.

Darooghe

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Quote from: malekbaba on December 31, 2019, 09:59:36 AM

And halving will make mining more expensive and production cost will correlates the ultimate market value of btc.

I think Bitcoin is too strong and still in control by a few such as Roger ver, Verhees, bitfinex mother company etc, and price manipulation is going wild. They will pump and dump on you, and with the tether fiasco, this space once again is going to be the wild west. Important to remember if the current cryptocurrencies were a solar system, Bitcoin is the sun. All crypto revolves around it. If you control Bitcoin, you control the market, and people are influencing the market for their own gains. Be wise, make choices and strategies that you can live with, and done be the lambo.

Spaffin

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Quote from: akirasendo17 on January 02, 2020, 10:01:48 AM

lots of people learn it the hardway in 2017, so if we think that this is the year for crypto, it will probably not
unless there is a good thing that will make community and government agree on both terms, it will be the great year for crypto if it happens

In any case, governments that today reject cryptocurrency will have no choice but to legalize cryptocurrency in their countries, while making certain decisions and adopting certain laws in order to recognize cryptocurrency as digital assets and legalize its use in society. Of course, for this you need to wait at a certain time, because the century of high technologies is coming, where cryptocurrency will occupy a leading position in the financial and economic world.

akirasendo17

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lots of people learn it the hardway in 2017, so if we think that this is the year for crypto, it will probably not
unless there is a good thing that will make community and government agree on both terms, it will be the great year for crypto if it happens

target

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We'll just need to expect something every year, it keeps the hope to make us all up and not give up. The halving had already made people come back to crypto and I guess the hype is already building up due to this halving. All it needs now is just another push for it. There are already list of things to see this year like the Defi as well.

Topic: 2020 will be a material year for crypto. What do you think? - page 3. (Read 1432 times)