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Topic: Bitcoin VS Time (Read 2963 times)

hero member
Activity: 713
Merit: 501
September 17, 2016, 08:49:14 AM
#89
Time has nothing to do with Bitcoin. The only thing that is relevant to time is the Bitcoin halving. There's a lot of things that can happen in Bitcoin that can affect the price. New killer ideas would make people go into Bitcoin and make them pour more money in Bitcoin while crime like a major company getting hacked will make the price of Bitcoin decrease. It's not always about the year, month, it's mostly about the recent happenings.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
September 17, 2016, 12:35:33 AM
#88
I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

Well, I don't think that this year will be remembered as bad year, it  doesn't mean  bitfinex hack and was covered happened 2016. But even is like that still bitcoin sustain its price for what we have now. meaning , it shows that the price is stable.

Well that bitfinex incident is just like a wounf that had already been cured when it comes to bitcoin price. But still the people who lost their coins left a scar. If they stay I hope they could get back the lost coins thru the profits that will come.
hero member
Activity: 1022
Merit: 500
September 16, 2016, 11:59:41 PM
#87
I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

Well, I don't think that this year will be remembered as bad year, it  doesn't mean  bitfinex hack and was covered happened 2016. But even is like that still bitcoin sustain its price for what we have now. meaning , it shows that the price is stable.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 16, 2016, 10:45:31 PM
#86
If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.

I may find it hard to predict a the future, but fact is that you are right to some extent. Miners the key in the bitcoin network have been able to mine, this is only possible if they are ready to mine for a decent price to cover the cost. So far they have always been able to earn with their rigs, which means the price is indeed going up vs halvings vs difficulty.

And if this trend keeps up we can expect a much higher value in 2020.
And the production of the miners will reduce in 2020 and that is just a normal thing if the price will increasing again and more highly comparing with this time, and their production is getting decrease.
hero member
Activity: 672
Merit: 500
September 16, 2016, 05:24:43 PM
#85
If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.

I may find it hard to predict a the future, but fact is that you are right to some extent. Miners the key in the bitcoin network have been able to mine, this is only possible if they are ready to mine for a decent price to cover the cost. So far they have always been able to earn with their rigs, which means the price is indeed going up vs halvings vs difficulty.

And if this trend keeps up we can expect a much higher value in 2020.
sr. member
Activity: 1946
Merit: 322
September 16, 2016, 02:15:46 PM
#84
I think this year is indeed a remarkable year for me.
Given that this is the year when I started. But aside from that, a lot of things happened like the fall of Bitfinex and HashOcean and wrong speculations like bitcoin would reach $1000 after halvening or something like that.
I had a lot of experience already and I think this is not the end.
Same for me, I didn’t lose any money in fact, I made about an extra $2000 dollars from dabbling in bitcoin and the various ways to make money. I think this next year we will see exponential growth and bitcoin becomes more popular!
hero member
Activity: 1554
Merit: 502
September 13, 2016, 11:20:27 AM
#83
If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.
hero member
Activity: 700
Merit: 500
morir es descansar
September 13, 2016, 10:18:19 AM
#82
I think that 2016 is not really good year for bitcoin, and i know about halving and other good stuff, but what about bitfinex?  A lot of money was lost and it's not over.

Yeah. Just think of it. If all these disasters happened in a single year what more worse things could happen in the next years?
We must expect these circumstances, I must say.

there are 3 months and two weeks before 2016 ends. many things possibly can happen during these months wether good or bad but despite all what happened bitcoin is still alive and stands on its track consistently.
hero member
Activity: 1414
Merit: 505
Backed.Finance
September 13, 2016, 06:19:31 AM
#81
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember

I don`t understand what exactly are you trying to say or ask.

I don`t think that the bitcoin price will ever again rise from $13 to $1216 for 10 months like in 2013.

2013 was the best and the worst year for btc. Grin



Best and worst yeras lol But it depends on which side? If youre selling for dollar, its  the best year but if your buying, maybe worst  for you when it suddenly plunge down Smiley  Time is our ally especially on investment. Over time it grows.
sr. member
Activity: 476
Merit: 250
September 13, 2016, 06:12:24 AM
#80
I think that 2016 is not really good year for bitcoin, and i know about halving and other good stuff, but what about bitfinex?  A lot of money was lost and it's not over.

Yeah. Just think of it. If all these disasters happened in a single year what more worse things could happen in the next years?
We must expect these circumstances, I must say.
hero member
Activity: 2968
Merit: 913
September 13, 2016, 06:06:01 AM
#79
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember

I don`t understand what exactly are you trying to say or ask.

I don`t think that the bitcoin price will ever again rise from $13 to $1216 for 10 months like in 2013.

2013 was the best and the worst year for btc. Grin

hero member
Activity: 2114
Merit: 530
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 13, 2016, 04:40:27 AM
#78
I predict 2017 will be greater year than this year, with a lot of online store trying to adapt bitcoin like openbazaar and other store, i believe next year we will see more and more store and there will be increasing bitcoin user, which is going to make bitcoin price up and stronger

This year is still open for growth with uncertainty with the fiat currencies, I think we can still see real increase in BTC price this year with more than 3 months left.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
September 13, 2016, 01:53:49 AM
#77
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
Now we have different situation, in 2013 there were less bitcoin users and less financial companies which accept  bitcoin, since 2013 a lot of sites and companies have started to accept bitcoin as payment method, a lot of bitcoin casinos has opened. Now, bitcoin is afftected by more financial companies.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 13, 2016, 01:26:26 AM
#76
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
too many altcoins nowadays therefore they are Compatiting each other to grow their alternative coins and it also take time before the big bump happens hope that there are mt.gox exchange website agian so that it will boost bitcoin price.
That's right, in this time the competitions will more difficult because every day is always appearing a new coin project and all of their developers is want for earning profit for there and at the same time is reaching their popularity in the world of bitcoin but I think just some of alternative coins is really helpful in my life.
hero member
Activity: 1078
Merit: 514
September 13, 2016, 01:03:21 AM
#75
The only thing that I regret now is that I didn't join to bitcoin when the price was 5$. But even if compare with last year the price is tripeled. Last year it was about 200 $ And this summer it get close to 1000$. Just the story with Bitfinix crash it down. But I expect bitcoin will come back same high again. I see tend to that in the price changing for this 1.5 months. So we may only wait and buy bitcoins now to not skip that chance.
hero member
Activity: 490
Merit: 520
September 13, 2016, 12:56:58 AM
#74
This thread really gets a person thinking about TIMING for making a significant move.  I bought a few more coins early this year and felt like I over paid, remembering how they bottom'd out last summer 2015.  I ended up pleasantly surprised.  I find I am now gaining more confidence that BTC can weather the ups and downs that happen every year.  I am pretty confident that a long range thinker is in a good industry.  You just have to resist the urge to "bolt" on the down cycles by looking at the history of the coin.

I think this is a common dilemma faced by most people, not just newbies, I know I often can't decide if it's a 'good time' to buy or not lol. Everyone wants to buy at the lowest price possible and it's not fun to buy only to see the price drop by $100 a few days later. For me, the best way to tackle this is to only invest money that I can totally afford to lose. I still try to find the right time to buy but the fact that I don't miss the money means that short/mid term price fluctuations are easier to digest.
Everyone wants to buy at one point in time or the other, and something a majority of people have to do is watch the market, listen for any news, and make sure that they are buying a dip and not a downswing or an upswing. As long as they put in some effort it is relatively easy to determine the trends of Bitcoin and where everything is going to drift towards.
legendary
Activity: 1218
Merit: 1007
September 13, 2016, 12:32:07 AM
#73
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
too many altcoins nowadays therefore they are Compatiting each other to grow their alternative coins and it also take time before the big bump happens hope that there are mt.gox exchange website agian so that it will boost bitcoin price.
There have been too many altcoins ever since the blockchain source code was available for anyone to go and make their own. Maybe there will be a place for alts in the future once there stop being so many that just fill the market with fluff, but until then, it is incredibly unlikely that any altcoins will actually take off and be used for something more than speculation.
legendary
Activity: 1148
Merit: 1000
September 13, 2016, 12:30:52 AM
#72
This thread really gets a person thinking about TIMING for making a significant move.  I bought a few more coins early this year and felt like I over paid, remembering how they bottom'd out last summer 2015.  I ended up pleasantly surprised.  I find I am now gaining more confidence that BTC can weather the ups and downs that happen every year.  I am pretty confident that a long range thinker is in a good industry.  You just have to resist the urge to "bolt" on the down cycles by looking at the history of the coin.

I think this is a common dilemma faced by most people, not just newbies, I know I often can't decide if it's a 'good time' to buy or not lol. Everyone wants to buy at the lowest price possible and it's not fun to buy only to see the price drop by $100 a few days later. For me, the best way to tackle this is to only invest money that I can totally afford to lose. I still try to find the right time to buy but the fact that I don't miss the money means that short/mid term price fluctuations are easier to digest.
hero member
Activity: 1008
Merit: 540
September 13, 2016, 12:26:30 AM
#71
All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
too many altcoins nowadays therefore they are Compatiting each other to grow their alternative coins and it also take time before the big bump happens hope that there are mt.gox exchange website agian so that it will boost bitcoin price.
full member
Activity: 210
Merit: 100
September 13, 2016, 12:20:52 AM
#70
Actually there are not people who know what will happen even if for one minute later, but let me to making prediction between bitcoin vs time. If i saw growing bitcoin by the time, it is always going up there are many people who use bitcoin although it is just for make investment or trading altcoins and still there are valuable in bitcoin. I am sure bitcoin will be survive agaist the time.
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