Bitcoin progress in 2017 - page 9. | Bitcointalksearch.org

Yuuto

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Very true.

The fact is that this pump was spread out through a long period unlike the 2013 pump whcih was only a few days, and then came the dump. Basically everyone in the community knew very well at that time that the price was unsustainable, with such a high mining reward as well.

Right now we have just got block halving a year or so back, and miners are having to generate more profit because of the new block reward. And it is obvious for now that bitcoin price is thriving.

As for the localbitcoins volumes, it is largely as a result of the Chinese. Everyone is moving there to trade right now because it is anonymous and the central exchanges have just been basically robbed of business by the government recently.

I can see bitcoin trading moving towards a more P2P model, which is what Satoshi originally intended.

Kakmakr

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The whole fight for supremacy between Bitcoin Core and Bitcoin Unlimited are putting a hold on many projects that might take Bitcoin to the Moon. There are some companies working in the background, who are still dedicated to the cause and they are quietly making big strides forward in this scene.

I think we should ignore all the noise and just focus on the future for now, because Bitcoin will survive no matter what.

Let them fight for control, but we concentrate on growth and adoption and marketing and the things we have control over. ^smile^

Zooplus

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Quote from: 7788bitcoin on March 28, 2017, 09:26:39 PM

To me, the biggest progress will be to resolve the blocksize debate and bitcoin community can once again united by the end of the year. Just hope everyone will continue to stay and not give up on bitcoin....

Why would we give up, the money is there and the marketing is progressing, I don't see any reason why one do that.
All we can hear are just rumors and it's not successful of making bitcoin down, we have seen it was down for awhile but eventually it back up.

btccashacc

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Seems like 2017 is bitcoin years I was surprised that finally bitcoin reached 4 digits as we expected, this also proves that bitcoin can survive. Anyway there is two bitcoin ATMs here although i rarely used them but it causes many people wondering and maybe sooner or later they would know it, such a promotion and give an opportunity for them to embrace bitcoin, buy them, or use them. However there are many problems for the bitcoin in this year like BU,Core etc hoping the problem will be fixed soon.

7788bitcoin

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To me, the biggest progress will be to resolve the blocksize debate and bitcoin community can once again united by the end of the year. Just hope everyone will continue to stay and not give up on bitcoin....

citywise2

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Yeah i think bitcoin will rise more as it is now before the month of April 2017.
As thr way see other currency is going below so bitcoin is going to tropple them all.
For my own view of things i msy say that bitcoin will reach four figure digit.

xuan87

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Bitcoin made a great progress in 2017, this is the time where bitcoin ever passed 1000$ and there are so many interesting incident happened, this has proven that bitcoin in the state of developing, so many people start to used and invest in bitcoin, so Bitcoin making a great process in 2017 hopefully it will continue to grow in the future

RedX

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

I think the key why bitcoin is making more progress is spreading its word. Nowadays, people are more active on the internet and that is the bridge that makes them discover the bitcoin. Internet is very helpful for introducing this new type of currency.

BlackPanda

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Quote from: passwordnow on March 28, 2017, 09:44:02 AM

Each year bitcoin seems to keep on showing us a very nice progress. And each year is always considered as a year for bitcoin. I didn't know that there are a lot of ATM's around the world already. And I guess the next thing we will expect is that many businesses are going to adopt and start using bitcoin.

ATM has been highly developed in the world. but seen bitcoin ATM usage is not optimal. there are still many people who have more confidence to use online wallet. the more people use a bitcoin exchange to exchange with real money. they do not use bitcoin ATM because it is too complicated.

Kprawn

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

OP, your post is a little torch shining in the darkness and I really appreciate that. The statistics might not be that accurate, but it still gives us a

bit of hope that this is still going in the right direction. We have been so busy with BTC vs BU discussions that we forget about the positive growth

that are still happening. Thanks for this thread... It is a light in the dark. Grin

passwordnow

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Each year bitcoin seems to keep on showing us a very nice progress. And each year is always considered as a year for bitcoin. I didn't know that there are a lot of ATM's around the world already. And I guess the next thing we will expect is that many businesses are going to adopt and start using bitcoin.

batang_bitcoin

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

Wow that is great 1081 bitcoin ATMs across 56 countries, do you have any source for the link of it? And that's a very great progress for bitcoin this year and with those Chinese trades , surely no one can stop them from trading as it is profitable to them. We will see more before this year ends.

naughty1

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2017 can be considered as a successful year for bitcoin, it has grown very well compared to what happened in 2016, and that accomplishment lasted a great time, which is a good thing for Those who use bitcoin. The bitcoin market has become beautiful and widely expected. However, at present, that development is being blocked. Bitcoin is branched, hardfork is forced to happen and the main reason is the greed of the miners. That's bad

YuginKadoya

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Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

I think it would stay in four digits until April the safe way to say that bitcoin would stay in the 4 digit mark value, well I know that it drop to $966 dollar the other week but it go back up again I think it would stay and play it's way up there I think everyone of us have contribute in it even in the smallest way we can.

BrewMaster

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There is trouble abrewing

good stats, but please add some proper formatting to your post. using bullets may be a good idea, it makes the post easier to read and understand.

and about localbitcoins i have to say you could have gained the statistics based on country in order to see which one has spiked, and yes in China the volume coming from LBC has gone up even since PBoC but i am expecting a drop since they are going back to their exchanges.

Edit: ah what the heck let me do it for ya (added 1):

Quote from: Dimelord on March 28, 2017, 09:15:15 AM

Bitcoin has been above four digits for the longest period ever.
Localbitcoins trading volume have reached $32 millions per week. This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.
As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.
Bitcoin ATMs have reached around 1081 ATMs across 56 countries.
US and Europe share largest share of bitcoin ATMs.
Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.
Bitcoin progress continues on and on.
Bitcoin node count has been at its peek around 7000 after a long time

NewBet

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That is big step of the bitcoin and also a big step of the human future. Why there still some countries are blocking this big future, yes bitcoin might have some flaw, but we can working together to fix this problem. About the ATM machine, that is really great to hear, the more of this bitcoin ATM spreading around the world, more stronger Bitcoin can be IMO. Soon we will seeing bitcoin everywhere, when that day come, Bitcoin is unstoppable. 2017 is a important year of Bitcoin.

Dimelord

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Bitcoin has been above four digits for the longest period ever.Localbitcoins trading volume have reached $32 millions per week.This may be due to chinese switching to localbitcoins due to strict regulations of PBOC.As per google statistics, bitcoin searches have increased in many countries this year,especially in africa and the baltic region.Bitcoin ATMs have reached around 1081 ATMs across 56 countries.US andf Europe share largest share of bitcoin ATMs.Bitcoin community is growing upwards with increase in bitcoin wallets,transactions,price and trading volumes.Bitcoin progress continues on and on.

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