Topic: Bitcoin goes to the moon - page 2. (Read 3954 times)

I think that Bitcoin is really destined to reach the stars and not just the moon. Yes, after the dumping period, Bitcoin can have a stellar rise again and this time can go as far as 6K though realistically it can more than 3K this time. When will that happen? Well, that remains to be seen. Some are predicting that it can reach the stars early 2018. So we have to hold to our Bitcoin no matter small they might be.

The fee has raised together with the price because an higher price means that more people are trading their bitcoin and with more transactions and a limited space in each block then that means more people are trying to get their transactions confirmed and they begin to compete with each other in order to get faster confirmations.

But under the same uncertainty principle, we should not assume that a similar drop is imminent in the immediate future of bitcoin. In market issues, previous behaviors do not guarantee similar performance in the future, so I think it is good to be moderately optimistic about the bitcoin price, without touching the extreme positions between an imminent downturn under $1,000, or a takeoff toward the moon to reach $100,000 soon.

Nothing to be so over enthusiastic. There is always an uncertainty in any digital currency, including bitcoins. If you recall, in January 2014, the price was around $ 839 but it dropped to $ 215 in January 2015. Though there is a steep rise in the last few months, one cannot definitely say the price won't fall down drastically any time soon.

We've seen cycles rise and falls and we know it's gonna continue over and over, so price spikes like what we have now are very much welcome.

Lightning network should take care of this sort of thing. There are coins out there that can handle a high amnt of transactions -bitshares theoretically 100k transactions per second, nasdaq is around 30k tps, or say vcash or numerous others. It should become feasable and cheap to buy small items with btc again. Strange dynamic to ponder - if most btc transactions are sidechain lightning transactions, that allow for speed, privacy and cheapness, and any other desirable qualities that mightsometimes not all be had together in one transaction, but a sort of pick a few give up one or two - the question might ckme up, how will not havibg maby direct on chain btc transactions effect btc security and price and it's relation to potential competitors?

Getting more back to post title, Coinbase is seeking a billion in investor funding, they had 40k people joinjng in a day at end of last may, the price runnup isn't really the bull run btc has been charging for and due for for years imo, the initial runnup is causing a massive spike in investor participants, and that maybe more than anything willl drive the price up as initial surge puts btc in public eye, and tbat attracts the number of investors that will be the real driver in an increase in prices of great magnitude.

but it is now becoming difficult to use bitcoin for purchasing small item of daily uses, we want  bitcoin to facilitate our life buy purchasing every ting with low fee. in fact we cannot afford to pay such a big amount which is some time exceed from the the price of the item that we are going to purchase. in fact the exchanges have increased the transaction fee more than 2000 %, which is unfair.

I also prefer to make big profits in a few years, than a small one in an hour. It was important for me to find a reliable way of investing my money. And I found it in bitcoin. Therefore, I am waiting for the moment that everyone calls "to the moon"

If people are starting to brag how easy something is to make profit with, then it is usually a bubble.
We don't want this to happen with bitcoin - I would rather wait years and achieve real stable moon price that have temporary spike caused by speculators.

Profit from bitcoin can be obtained almost every day. The price rises and falls by a few tens or hundreds of dollars. But if you look at the long-term perspective, then bitcoin can multiply your capital in a few years

I believe that we are going to see the price of bitcoin go up and fly to the moon. The price seems to be calm and finally we've reached another ATM. If good news are being spread more investors will come in to bitcoin and that can make the price start fly to the moon, so while its early, ride.

Bitcoin has good prospects for development and such an ene is soon possible and may even be more. I wait when it will be possible to enjoy profit from this crypto currency.

People always shows the transaction costs into the main problem, why this happened I don't know, because when the price is about $700 people that pay lower transaction costs and get confirmation faster. now the price has risen so much that the increased transaction costs must be accepted. How could the other miners benefit, if we provide you with the same price around $700. and thus it may affect the value of bitcoin actually

The fees have increased in almost every way, first of all with a greater price of bitcoin then that means that the block reward got more valuable in terms of fiat, second, with a greater price then the miners get an even bigger profit with the transactions and finally since the space in each block is limited then the fees measured in bitcoin have gone up as well, the miners are obviously very happy about the way things are working at the moment for them.

That's true that bitcoin reaching very big price. Looking the ongoing price I believe that bitcoin will the price will peak higher and higher. As it has got the chance of growing with increasing adoption hope the price to moon soon comes to reality.

Today Bitcoin actually really well rose, compared to last year. But I do not want to compare the events that are taking place today, with last year, because we should not allow hacked exchanges And the more Bitcoin drop due to fraudulent actions. If the market of crypto-currencies is calm, then Bitcoin will be very much appreciated and perhaps your Premier prices will be quite real.

I'm sure bitcoin will definitely have a very high price, but for now I just hope that bitcoin can reach $ 3200, well, look at the current price, I think the price is possible to achieve. Bitcoin can solve impossible things possible 

People always indicate the transaction fee to be an major issue, why this is happening I don't know, because when the price was around $500 everyone were paying lower transaction fee and getting faster confirmation. Right now the price has increased so an increase in the transaction fee should be accepted. Else how could the miners get profited, if we're providing with the same when the price was around $500. Everyone expects some good earning, so there's nothing wrong with it.

I don't think mining fees can be reduced to amount we use like before. Many corporates may acquire bitcoin mining and earn the mining fees from us.
Confirmation time we can rid from that now also with paying the high fees or default fees on the online wallet.

Upon ready the market analysis, it's been predicted there's price dump and said that after the dumping, price will soon to rise like going to the moon many have said. Well as of thr moment I must agree, because looking at the previous history of bitcoin all smaller price records, there it happens that buying demand increased and the price rises more than its top price. The price at around $2000 plus, so I must hope for another price spikes and also possible dumps will happen again then after that, price will recover again.