If there is a solution (some improvement at least) to the scaling problem, then I think that the price could double.
We could see $5000 levels soon.
Topic: If They Solve the BTC Scaling Problem (Soon and Correctly), How High Do We Go? (Read 1300 times)
June 03, 2017, 08:20:16 AM
I foresee this thread getting replies for the next 3 years.
If there is a solution (some improvement at least) to the scaling problem, then I think that the price could double.
We could see $5000 levels soon.
If there is a solution (some improvement at least) to the scaling problem, then I think that the price could double.
We could see $5000 levels soon.
June 02, 2017, 08:38:35 AM
Right.... and what causes this delusion that this will happen any time soon or even at all?
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.
It's true, however it's best keeping to be optimistic about it. I really wish something done about it, no matter as long i don't have to wait another round of 5 years. Because honestly, I start to be tired about this problems, and in a near future I may swipe my love with bitcoin and only speculate with altcoins
You tell to people: "it's good to use Bitcoin, Cheap fees, bla bla bla" Then when they try they tell you "Is it what you call cheap fees
" June 02, 2017, 02:51:12 AM
Right.... and what causes this delusion that this will happen any time soon or even at all?
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.
June 01, 2017, 07:50:38 PM
They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
Of course they won't there's too much on the line to just make a fast decision that would make one side or another almost broke. The only way we can do something about it is support the uasf that would actually implement segwit on the demand of the bitcoin users, what would make bitcoin even more decentralized. Then I wouldn't be surprised if bitcoin pumped to like 5k dollars each because that would give it tons of potential. June 01, 2017, 01:16:01 PM
It depends on when that good solution is achieved. If this happened in the next two months the price would surpass the $3000 for sure and possibly would end up near the $4000, it would even surpass that mark, at least in the Asian markets. If I had to say a figure I would say anyone between $ 3500 and $ 4000.
it also depends if there will be a chain split or two coins and stuff like that, because getting 2x bitcoin will not sure be helpful to have a higher value, there will be a dump and the value will tank at least at first
Sure. In my speculation I imagined a scenario where there is no split or two bitcoins. That other scenario would be very different, with two bitcoins coexisting as the case of Ethereum I think neither would end the year above 800 dollars.
June 01, 2017, 07:16:00 AM
But not most miners are going with Segwit, https://coin.dance/blocks
That's because the recent proposal hasn't been coded yet. The Segwit that is being signalled there requires 95% of miners before it activates. That'll never happen. It'll need a new version.
June 01, 2017, 07:12:33 AM
They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
Pretty much everyone is now going for Segwit, though how it arrives is still the same old smokescreen for power grabs. I don't think ultimately any of it was anything to do with Bitcoin's actual scaling.
But not most miners are going with Segwit, https://coin.dance/blocks
I'm kinda agree this is an endless debate and will not end anytime soon.
Anyway, my optimistic prediction will be around $4400.
June 01, 2017, 06:55:51 AM
They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
Pretty much everyone is now going for Segwit, though how it arrives is still the same old smokescreen for power grabs. I don't think ultimately any of it was anything to do with Bitcoin's actual scaling.
June 01, 2017, 06:44:41 AM
They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
June 01, 2017, 06:35:42 AM
...
Eeek! Reading all of the above price predictions is triggering my "Sell BTC Now" fingers...! Not really, but when sentiment is SO BULLISH, ("It's different this time"), I get antsy. (Though I did predicate this thread with saying the SW / block size debate would get resolved, should it not, well.....)
But my *guess* would be $3000 - $5000 if everything goes well. Note that I am a LOUSY SPECULATOR, so makes that guess worth ZERO. I have profound doubts that ANYONE can predict the future, except for a very few who know something.
Nonetheless, I thank you all for you observations and thoughts. They are going into my hopper... Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
It's likely that a split (which is seeming increasingly likely now), would be confusing for most people and wouldn't be quite as smooth as we like.Eeek! Reading all of the above price predictions is triggering my "Sell BTC Now" fingers...! Not really, but when sentiment is SO BULLISH, ("It's different this time"), I get antsy. (Though I did predicate this thread with saying the SW / block size debate would get resolved, should it not, well.....)
But my *guess* would be $3000 - $5000 if everything goes well. Note that I am a LOUSY SPECULATOR, so makes that guess worth ZERO. I have profound doubts that ANYONE can predict the future, except for a very few who know something.
Nonetheless, I thank you all for you observations and thoughts. They are going into my hopper... Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
Personally, I'd expect a bullish sentiment leading up to the solution, and a dip in Ether, but when the split actually happens, far more bearish.
Once the actual situation is behind Bitcoin for a week or two and transactions start getting back to normal on the majority chain, that's when we go for the moon.
June 01, 2017, 06:33:58 AM
I often wonder how many people are holding back in the expectation of something being implemented. I'm not sure it's all that many people myself. It's something that'll pay future dividends rather than a vast explosion right now. Definitely a boost. Maybe not a life changing one immediately.
June 01, 2017, 06:18:51 AM
the problem is that you are using a big if in your speculation/guess or whatever 
but in reality a lot of things go wrong or against expectations. if the solution locks in we may even expect a big dump before the real thing because of a lot of FUD that always comes with these things from the opportunists in the market!
and then the launch will begin.
but in reality a lot of things go wrong or against expectations. if the solution locks in we may even expect a big dump before the real thing because of a lot of FUD that always comes with these things from the opportunists in the market!
and then the launch will begin.
June 01, 2017, 05:47:01 AM
If everything working perfectly then my prediction is 4000$ in the end of the year and it will be stable, I cant predict too high because alt coin also got a good rising this year so I expect some bitcoin investor will save some of their investment in alt coin
June 01, 2017, 05:25:30 AM
It depends on when that good solution is achieved. If this happened in the next two months the price would surpass the $3000 for sure and possibly would end up near the $4000, it would even surpass that mark, at least in the Asian markets. If I had to say a figure I would say anyone between $ 3500 and $ 4000.
it also depends if there will be a chain split or two coins and stuff like that, because getting 2x bitcoin will not sure be helpful to have a higher value, there will be a dump and the value will tank at least at first
Block size is not an issue, stop spreading FUD.
this if you think that the current value would not be higher if the block limit was already solved, while i agree that the majority who trade don't really care, the average joe who buy a few amount and send small amount here and there do care about this
June 01, 2017, 05:18:59 AM
It depends on when that good solution is achieved. If this happened in the next two months the price would surpass the $3000 for sure and possibly would end up near the $4000, it would even surpass that mark, at least in the Asian markets. If I had to say a figure I would say anyone between $ 3500 and $ 4000.
I guess there will be no reasons which will be stopping bitcoin prices under $4000 levels. I am expecting one or two more countries to join Japan for legalizing bitcoin usage and scalability issue to be solved perfectly in 2017 so that we will be having prices around $10k levels.I know no one could predict accurately well in advance still I feel around $10k seems a logically physiological levels where the pumpers may stop temporarily for 2017
June 01, 2017, 04:40:41 AM
It depends on when that good solution is achieved. If this happened in the next two months the price would surpass the $3000 for sure and possibly would end up near the $4000, it would even surpass that mark, at least in the Asian markets. If I had to say a figure I would say anyone between $ 3500 and $ 4000.
June 01, 2017, 04:28:39 AM
It's hard to say imo. It all depends how things will develop in august. With a chain split, even if it's just for a short time there will be some turmoil and price at the end of the year may be around $2000, hopefully.
If all should go smooth and the other side will accept the fact, that SegWit is coming as the majority wants it, no matter what they think about it, we could see a price of around $3000 to $5000.
If all should go smooth and the other side will accept the fact, that SegWit is coming as the majority wants it, no matter what they think about it, we could see a price of around $3000 to $5000.
June 01, 2017, 02:31:09 AM
Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
Everyone is free to do what he pleases, but may I know what you see in gold that you find it worthy cashing out your coins for?Since you say that you're a speculator, isn't it a much better plan to ride the market waves to increase your Bitcoin holdings that way? Bitcoin has far more room for potential growth than is the case with gold.
May 31, 2017, 10:51:28 PM
if and only if we fix the scaling debate with a high amount of support, or consensus without any chain split or even risk of it, then we can see a big price rise of at least $500 in short term because we still need adoption for bigger rise.
but that would be the start, when the issue is solved there is no more altcoin hype, all of them will die and get dumped, a huge amount of money will come in bitcoin which means another $500-$1000 rise.
and in long term obviously the real adoption happens more easily and we can finally see the $5000 price and aim for $10,000
but that would be the start, when the issue is solved there is no more altcoin hype, all of them will die and get dumped, a huge amount of money will come in bitcoin which means another $500-$1000 rise.
and in long term obviously the real adoption happens more easily and we can finally see the $5000 price and aim for $10,000
May 31, 2017, 09:02:22 PM
...
Eeek! Reading all of the above price predictions is triggering my "Sell BTC Now" fingers...! Not really, but when sentiment is SO BULLISH, ("It's different this time"), I get antsy. (Though I did predicate this thread with saying the SW / block size debate would get resolved, should it not, well.....)
But my *guess* would be $3000 - $5000 if everything goes well. Note that I am a LOUSY SPECULATOR, so makes that guess worth ZERO. I have profound doubts that ANYONE can predict the future, except for a very few who know something.
Nonetheless, I thank you all for you observations and thoughts. They are going into my hopper... Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
Eeek! Reading all of the above price predictions is triggering my "Sell BTC Now" fingers...! Not really, but when sentiment is SO BULLISH, ("It's different this time"), I get antsy. (Though I did predicate this thread with saying the SW / block size debate would get resolved, should it not, well.....)
But my *guess* would be $3000 - $5000 if everything goes well. Note that I am a LOUSY SPECULATOR, so makes that guess worth ZERO. I have profound doubts that ANYONE can predict the future, except for a very few who know something.
Nonetheless, I thank you all for you observations and thoughts. They are going into my hopper... Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
May 31, 2017, 08:29:55 PM
if segwit activates this year without a hard fork and no hard fork takes place this year at all, bitcoin goes to 15-30k before the end of december. if chain splits happen due to hard forks, expect 1k bitcoin or less total between the resulting alt coins. sub 1k wont be out the question. it will be possible all confidence will be lost in bitcoin at this point and blood may be in the streets. a chain split should be avoided at all costs, too bad some miners dont seem to care.
May 31, 2017, 05:44:17 PM
ill take a number 4 easily, nothing has gone right this year other than the price, imagine if something did go right, and if that something is scaling solved, theres alot of folks mainly shitcoiners think btc will never scale ever, upgrading will change the market sentimentals towards btc greatly not only that it will prove to ourselves we can level up and gives up selfconfidence. if we level up we are going past 10k some pt next year.
May 31, 2017, 04:39:54 PM
Block size is not an issue, stop spreading FUD.
I think the term inconvenience is more appropriate?
OP -- since the target is primarily aimed at this year, I think point 3 is what I believe to be close to a real SegWit activation scenario. I think the chances are definitely there for point 4, but I prefer to remain somewhat conservative with my prediction. Everything that the market manages to gain above the $4000 level will be seen as a more than welcome bonus for me.
May 31, 2017, 04:31:34 PM
...
I don't know how to make a poll here, but should we get a "good solution" (for example, the SegWit w/ 2MB blocks might be "good"), how high would BTC price get to this year? Seems to me that a good & solid solution would invite much greater demand among those afraid to take the leap into a crypto now in civil war...
So, what do you think? December 31, 2017 closing price:
1) Less than $1500 (say some other kind of failure or Black Swan event)
2) $1500 - $2500
3) $2500 - $4000
4) $4000 - $6000 +
I have a pony in this race, but tell us your guesses!
I don't know how to make a poll here, but should we get a "good solution" (for example, the SegWit w/ 2MB blocks might be "good"), how high would BTC price get to this year? Seems to me that a good & solid solution would invite much greater demand among those afraid to take the leap into a crypto now in civil war...
So, what do you think? December 31, 2017 closing price:
1) Less than $1500 (say some other kind of failure or Black Swan event)
2) $1500 - $2500
3) $2500 - $4000
4) $4000 - $6000 +
I have a pony in this race, but tell us your guesses!
Just imagined with the current block size, bitcoin price reached it's tremendously considered as high price and adoptions are taking place anywhere in the world, so how much more if the block size issues resolved. Meaning even with slow confimation time and miners fee up to $2, majority are still here supporting bitcoin compare to any cryptos.
My respond would be the last option which is $4,000+ or a price that we can't never imagined.
May 31, 2017, 04:26:39 PM
Block size is not an issue, stop spreading FUD.
May 31, 2017, 03:32:11 PM
to infinity and beyond
There is no limit in price, since the supply is limited but the demand is not
There is no limit in price, since the supply is limited but the demand is not
May 31, 2017, 03:24:51 PM
I am confidently believing in the price to eat through the $3000 mark easily in case we more or less remain hovering around current prices.
Top, it's difficult to predict something from which I already know that there will be loads of panic buying happening at that time.
In order to remain relatively on the safe side, I would say that the top will be under $6000, but over $4000 ~ so I am going with option 4.
Obviously, that's when things go smooth and no chain split gets initiated due to a failed fork.
Top, it's difficult to predict something from which I already know that there will be loads of panic buying happening at that time.
In order to remain relatively on the safe side, I would say that the top will be under $6000, but over $4000 ~ so I am going with option 4.
Obviously, that's when things go smooth and no chain split gets initiated due to a failed fork.
May 31, 2017, 03:13:48 PM
I'll number 3 i think around $2,500-$4,000 possible can be happen in this year. which is every near december we are seeing large pump happen in this month the same as last year 2015 and 2016 base on my own speculation.
But i am afraid of the news about exchange site where every year we are heard some news like MT.gox and other trading site was hacked before that can affect the value of bitcoin and people will panic sell if they heard that news again..
But i am afraid of the news about exchange site where every year we are heard some news like MT.gox and other trading site was hacked before that can affect the value of bitcoin and people will panic sell if they heard that news again..
May 31, 2017, 02:51:42 PM
I think the price could hit 5k-6k by end of this year if we can find any solution for the bitcoin block size.I have less technical idea about blockchain but it seems if we can create some space for the new comers that might be interested on doing some small transaction,i think $5k is just a matter of time.
May 31, 2017, 02:39:15 PM
...
I don't know how to make a poll here, but should we get a "good solution" (for example, the SegWit w/ 2MB blocks might be "good"), how high would BTC price get to this year? Seems to me that a good & solid solution would invite much greater demand among those afraid to take the leap into a crypto now in civil war...
So, what do you think? December 31, 2017 closing price:
1) Less than $1500 (say some other kind of failure or Black Swan event)
2) $1500 - $2500
3) $2500 - $4000
4) $4000 - $6000 +
I have a pony in this race, but tell us your guesses!
I don't know how to make a poll here, but should we get a "good solution" (for example, the SegWit w/ 2MB blocks might be "good"), how high would BTC price get to this year? Seems to me that a good & solid solution would invite much greater demand among those afraid to take the leap into a crypto now in civil war...
So, what do you think? December 31, 2017 closing price:
1) Less than $1500 (say some other kind of failure or Black Swan event)
2) $1500 - $2500
3) $2500 - $4000
4) $4000 - $6000 +
I have a pony in this race, but tell us your guesses!
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