Everyone is hyping about bitcoin price in 2016 - page 8.

kpitti

legendary

Activity: 924

Merit: 1002

Quote from: fricircled on February 08, 2016, 04:08:20 AM

Quote from: FerrariF50 on February 07, 2016, 10:38:05 AM

I think price stability important for mainstream usage

That is my thoughts as well. When the price is not stable, a merchant cannot price his goods with bitcoin and when he receive the bitcoin, he will have to convert it into fiat straight away.

This is valid point, we need Bitcoin to became mainstream right.
From another point of view, Bitcoin is attractive for speculation too, price fluctuation is good for them.

Laosai

sr. member

Activity: 462

Merit: 250

Quote from: ~Bitcoin~ on February 07, 2016, 10:29:49 AM

Quote from: JAyThaRevo on February 07, 2016, 09:27:07 AM

Quote from: bearex on February 07, 2016, 08:20:57 AM

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

Lol, I like this way of thinking Grin

But you can't hope that such a currency will steadily increase. It will have to seek the pump and dump scheme with the hope that pumps will be stronger than dumps, that's the economic growth model of btc Wink

fricircled

full member

Activity: 201

Merit: 100

Quote from: FerrariF50 on February 07, 2016, 10:38:05 AM

I think price stability important for mainstream usage

That is my thoughts as well. When the price is not stable, a merchant cannot price his goods with bitcoin and when he receive the bitcoin, he will have to convert it into fiat straight away.

FerrariF50

newbie

Activity: 33

Merit: 0

Quote from: ~Bitcoin~ on February 07, 2016, 10:29:49 AM

Quote from: JAyThaRevo on February 07, 2016, 09:27:07 AM

Quote from: bearex on February 07, 2016, 08:20:57 AM

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

I think price stability important for mainstream usage

~Bitcoin~

legendary

Activity: 994

Merit: 1000

Quote from: JAyThaRevo on February 07, 2016, 09:27:07 AM

Quote from: bearex on February 07, 2016, 08:20:57 AM

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

If price become stable than bitcoin will loss it charm but bitcoin need some steady growth rather than dumping and pumping.

Laosai

sr. member

Activity: 462

Merit: 250

Quote from: lumeire on February 07, 2016, 08:48:58 AM

Quote from: Betwrong on February 03, 2016, 09:23:39 AM

Quote from: GermanGiant on January 06, 2016, 10:27:03 AM

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people.

Pretty bold of you to think that. There are a lot of factors and it'll remain unpredictable. So to be more realistic, I suppose it'll be up this year about $500 like you've predicted but will go down to $400 again come 2017.

True that it's rather unpredictable.
Nevertheless, if you look at the charts, you see that the amount of transactions does nothing but rise, and that so does the btc price.
You can say it'll rise, or at least predict it knowing you're certainly right.

Giving a percentage though, is a bit too much. Bitcoin remains extremely shady and moves when it wants not when you expect it ^^

JAyThaRevo

full member

Activity: 182

Merit: 100

Quote from: bearex on February 07, 2016, 08:20:57 AM

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.

Price will increase after halving for sure, but we are not sure how long it will be stable, we need price stability in bitcoins that will only encourage more and more people to start using bitcoins, if price is not stable people would never invest their money into bitcoins.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: Betwrong on February 03, 2016, 09:23:39 AM

Quote from: GermanGiant on January 06, 2016, 10:27:03 AM

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people.

Pretty bold of you to think that. There are a lot of factors and it'll remain unpredictable. So to be more realistic, I suppose it'll be up this year about $500 like you've predicted but will go down to $400 again come 2017.

bearex

hero member

Activity: 560

Merit: 501

I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

it seems like this time the bitcoin price hype could not push the market higher than $400.

we are stuck here (at least for the time being)

virtualdn

legendary

Activity: 1358

Merit: 1093

There are still a few month left until then... everyone thinks price will rise so do I let's see Cheesy

makingwin1

full member

Activity: 238

Merit: 100

how they cant be bitcoin price is going up so who invested a lot in it will be rich soon .

Zaun

hero member

Activity: 770

Merit: 500

Forza Roma

Quote from: zergenyt09 on February 07, 2016, 08:02:53 AM

Everyone is HYPING about bitcoin all the time Wink

but probably 2016 will be pretty special for BTC, tons of new effective exchanges are opening and starting to operate, block halving is coming near and media coverage is reaching new heights, probably all of these are good news.

Yes this is not something new. There is a hype going on like always.
Let's just wait and see what will happen. So many hyping is not good at all.

zergenyt09

full member

Activity: 297

Merit: 100

Everyone is HYPING about bitcoin all the time Wink

but probably 2016 will be pretty special for BTC, tons of new effective exchanges are opening and starting to operate, block halving is coming near and media coverage is reaching new heights, probably all of these are good news.

heldertb

full member

Activity: 242

Merit: 100

Blockchain-based Financial Ecosystem

Quote from: Za1n on February 02, 2016, 05:55:56 PM

There appears to be renewed interest in a lot of alt coins for 2016 as we have already seen several pumps. I agree that a rising BTC floats all boats, as most alts are directly coupled to the price of BTC, but I also think we will start to see a bit more independence as the year progresses, including LTC. We had the pump last year where LTC broke above $8 and above the .01 LTC/BTC ratio so it is not always directly coupled to BTC, and I have a feeling we might see a few more pumps. While most alts are only good for pump/dump, I believe over time the more useful alts will begin to take on a life of their own.

yeah i am agree with you . now all people hyping but what happen in future . what time is bitcoin price is less and what time is bitcoin price increase.we can,t know but know is good

Laosai

sr. member

Activity: 462

Merit: 250

Quote from: tyz on February 03, 2016, 01:48:11 PM

If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.

I agree with the halving advantage being already priced.

But no it's not if everyone thinks it goes in one direction it goes the other way. Otherwise it would never go up cause most of bitcoin users think the price will double every 3 months xD

ThunderThomas

full member

Activity: 210

Merit: 100

fastdice.com The Worlds Fastest Bitcoin Dice

Quote from: maokoto on February 06, 2016, 05:59:47 PM

Some good news about solving the blocksize issue will likely pump the price up a lot. And that is quite likely to happen.

I do belief you are right.
The dev's are taking this radio silence for way to long. It's time for some action.
Everybody knows that.

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Some good news about solving the blocksize issue will likely pump the price up a lot. And that is quite likely to happen.

fricircled

full member

Activity: 201

Merit: 100

Quote from: tyz on February 03, 2016, 01:48:11 PM

If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.

The halving is still 5 months away. I think the price in May will reflect the halving effect. Not now.

tyz

legendary

Activity: 3360

Merit: 1533

If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.

Topic: Everyone is hyping about bitcoin price in 2016 - page 8. (Read 10723 times)