Although Bitfinex was hacked , still Bitcoin finds its support among people.
Projected rate of Bitcoin in 2017 is around $1000
Undoubtedly, Bitcoin would be the future currency of the world
Topic: Bitcoin VS Time - page 3. (Read 2963 times)
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.
I don't think that we can call it a bad year for Bitcoin just because of one event that occurred. Although, the price did drop quite a lot around the middle of the year but it is going back up, so that is definitely not a bad thing. 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.
Yeah, but in 2016 bitcoin also has good increased started about $400 and be able reach until above $700 and then bitfinex got hacked. But, as we can see that bitcoin price could recover to $600 again, we just hope it will rise in the end of this year. 
I joined this year, 2016 is my year. So many things happened and I learned so much about bitcoins. I can`t speak about years before, I didn`t even know about bitcoins and crypto world.
I can objectively say that bitcoin have more casinos in this moment then in years before this one, also shops, steam started to accept bitcoin. Some people talk about hacks, and stolen bitcoins, well things that worth are often on the target of criminals. People say gold, fiat, well I know, and everyone knows that gold has been stolen since beginning of the world, fiat also, diamonds, cars, everything. So why someone to not try to steal bitcoins?
Its a bad argument that someone is robbed, or hacked, that happened before and will happen in future. That is another topic, why its happening and how we can stop people from doing bad things.
I can objectively say that bitcoin have more casinos in this moment then in years before this one, also shops, steam started to accept bitcoin. Some people talk about hacks, and stolen bitcoins, well things that worth are often on the target of criminals. People say gold, fiat, well I know, and everyone knows that gold has been stolen since beginning of the world, fiat also, diamonds, cars, everything. So why someone to not try to steal bitcoins?
Its a bad argument that someone is robbed, or hacked, that happened before and will happen in future. That is another topic, why its happening and how we can stop people from doing bad things.
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.
Really ? Even with bitfitnex hack, the price of bitcoin back to normal again. For me, 2016 is really a good year for bitcoin, because we have the halving and it's make the price of bitcoin increase so high.
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 see any bad things happen now in bitcoin especially this the whole 2016 period will be the most profitable experience to each and every member of this forum. It is quite good to know that the price value anyhow became stable this year. and it will be considered as a good to remembered.
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.
Really ? Even with bitfitnex hack, the price of bitcoin back to normal again. For me, 2016 is really a good year for bitcoin, because we have the halving and it's make the price of bitcoin increase so high.
That is truly a bad incident. The good part is we didnt go back to a very low price. Although there are lot of coins that is stored there. Something prevented the Grand Fall to happen.
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.
Really ? Even with bitfitnex hack, the price of bitcoin back to normal again. For me, 2016 is really a good year for bitcoin, because we have the halving and it's make the price of bitcoin increase so high.
This year bitfinex hack happened, it causes bitcoin prices fell after rising to $ 700, but I feel if it does not happen, bitcoin prices will reach $ 1,000 in a short time. I think if something like this does not happen again, perhaps in the near future, bitcoin prices will go up quickly, and reached the highest price again.
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.
Really ? Even with bitfitnex hack, the price of bitcoin back to normal again. For me, 2016 is really a good year for bitcoin, because we have the halving and it's make the price of bitcoin increase so high.
people like OP should really stop worrying too much about bitcoin price and the future of their little investment. if you want to think about bitcoin ONLY as an investment then first learn trading and all the tips and tricks of it then come back and invest in it properly not a small amount that you bought on the peek because of fear of missing out and now you are worried about your money.
other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.
other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.
It is natural that most people, who are new to Bitcoin and who heard stories and saw stats on it's price history, that they might think the price will go to those levels again. Bitcoin and other Alt coin are also continuously hyped up, so people have a certain expectation about it's performance.
Let them experience it for themselves, we all did.
people like OP should really stop worrying too much about bitcoin price and the future of their little investment. if you want to think about bitcoin ONLY as an investment then first learn trading and all the tips and tricks of it then come back and invest in it properly not a small amount that you bought on the peek because of fear of missing out and now you are worried about your money.
other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.
other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.
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.
I Think this year will not be remembered as a bad year for bitcoin, but this year will be remembered as a lucky year for bitcoin, as the price of bitcoin already doubled up in this year and even after two hacks 1,00,000+ Bitcoin hack it remained much stronger and people are still with it and are putting their money and are starting their businesses with it without any fear.
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.
Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.
What if the hacker lives in a well developed country where he can exchange his coins in p2p transaction locally without involving exchanges. There is high risk with such possibility but it can by pass the exchanges. Another try is since he has a lot of coins he can try a mixing service in the dark net. At that place no one gives a damn from where the coins come from or how the person got on hold of them. So these coins can be dumped pretty easily but I think the hacker is waiting for some time to pass before exchanging them.
Bitcoin vs Time ? Time is a big ally of bitcoin as with the passing of it the user base only keep increasing. That says it all, bitcoin will be stable and maybe even go up in price for the coming years.
This issue will be forgotten in a few years, and it'll be remembered as just another Mt. Gox in the next year or two.
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 think there's ever been a better year for Bitcoin than 2013, and I personally don't think that there has ever been a better year than that. There have definitely been some advances and so made recently, but I think so far the best year we have been has been 2013. I'm curious if there are more things that can happen within the next year to make it better than 2013. Unlikely, but it would be interesting.
People are fixated on the price and where it will be in the future, but if they could just shift their focus on helping to spread the word on Bitcoin,
we would not have to worry what the price will be, because it will increase with every person introduced to Bitcoin, because they will buy
Bitcoin and it will push up the price. MtGox did not push up the price, Willybot did it.
we would not have to worry what the price will be, because it will increase with every person introduced to Bitcoin, because they will buy
Bitcoin and it will push up the price. MtGox did not push up the price, Willybot did it.
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.
Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.
What if the hacker lives in a well developed country where he can exchange his coins in p2p transaction locally without involving exchanges. There is high risk with such possibility but it can by pass the exchanges. Another try is since he has a lot of coins he can try a mixing service in the dark net. At that place no one gives a damn from where the coins come from or how the person got on hold of them. So these coins can be dumped pretty easily but I think the hacker is waiting for some time to pass before exchanging them.
Bitcoin vs Time ? Time is a big ally of bitcoin as with the passing of it the user base only keep increasing. That says it all, bitcoin will be stable and maybe even go up in price for the coming years.
Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.
Yes, bitcoin itself says its value as it goes price rise up. No other altcoin will surpass bitcoin as what bitcoin done in the market ,expecting more that the time when bitcoin near s to halving time and after halving a sure big tendency of change happens .Yes ,bitcoins can be like a rare gold cryptocurrency ,but bitcoin differs a lot which makes gold out of this sequence.
Time goes by and bitcoin price continue to inflate just like a limited offer from time to time.
Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.
You are right with it, I am treating bitcoin as online gold. And as the time goes by for sure many are going to see the potential of bitcoin and many people are going to think about that bitcoin is the future online gold or even a good substitute for investing with gold. And we can see that bitcoin and gold is becoming the same in the characteristic of keep on increasing its value as the time goes by.
yup for now, i keep my bitcoin and i am waiting for good rate to sell it. i am sure that from time to time, the rate of bitcoin will be increase for sure and if the rate is good as i want, maybe i will sell it and make money from it. but for now, maybe i will watch how much this rate will increase.
Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.
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