Tell me your predictions about Bitcoin - page 126.

Mauser

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Quote from: Intristing on July 25, 2016, 04:10:54 AM

Quote from: soros017 on July 24, 2016, 08:33:56 PM

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.

The time to confirm transaction depends on the fees. So if you pay higher fees you transaction will be picked up much faster.

Compared to bank transfers which take 1 day, bitcoin transactions with low fees are still processed within 1 hours. So not bad compared to banks.

Jmild1

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Quote from: danherbias07 on July 25, 2016, 06:35:34 AM

Quote from: btvGainer on July 25, 2016, 04:55:32 AM

Quote from: bachlovesstories on July 04, 2015, 09:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles

That is possible. More authoritative means power. We can only achieve that if society will be with us. One support could be its money transfer which have a low transaction fee. We could create some good impact through that. A lot of people sends money for different reasons.

We can attract society to be on our side but we will never get government's side when it comes to what we want. They are our #1 opponent against bitcoin's progress.

danherbias07

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Quote from: btvGainer on July 25, 2016, 04:55:32 AM

Quote from: bachlovesstories on July 04, 2015, 09:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles

That is possible. More authoritative means power. We can only achieve that if society will be with us. One support could be its money transfer which have a low transaction fee. We could create some good impact through that. A lot of people sends money for different reasons.

btvGainer

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Quote from: bachlovesstories on July 04, 2015, 09:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles

Intristing

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Quote from: soros017 on July 24, 2016, 08:33:56 PM

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.

sobsitesearch

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Quote from: Maslate on July 24, 2016, 09:16:23 PM

Quote from: phreaky on July 24, 2016, 06:01:39 PM

Quote from: abugseuf on July 24, 2016, 04:04:52 PM

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.

Exactly, because bitcoin will not grow without the trust of the users and what makes the price grow is the demand of the users. When huge volume of users will adopt we can always predict that the price will also be affected and it will increase eventually and that would be the time when we can get the worth of our investments.

That is correct if there is a new bitcoin investor the demand will increase and also the price will go high also, then i think if there is a massive adoption also it has a huge increase of its price in the near future.

Maslate

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Quote from: phreaky on July 24, 2016, 06:01:39 PM

Quote from: abugseuf on July 24, 2016, 04:04:52 PM

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.

Exactly, because bitcoin will not grow without the trust of the users and what makes the price grow is the demand of the users. When huge volume of users will adopt we can always predict that the price will also be affected and it will increase eventually and that would be the time when we can get the worth of our investments.

soros017

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The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

phreaky

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Quote from: abugseuf on July 24, 2016, 04:04:52 PM

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.

abugseuf

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i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

jostorres

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Quote from: 2legit2 on July 24, 2016, 02:37:01 PM

Quote from: Bepesand on July 24, 2016, 02:14:32 PM

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.

i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me

I agree only in short-term, we will be unable to predict accurately about bitcoin price levels. But in long term I am pretty sure to predict bitcoin prices somewhat accurately. Because, based on the new business adoption trends and how many new people are getting adopted into bitcoin ecosystem, we can predict the bitcoin prices. It would be around $2000 levels by end of this year.

KingAvalon

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A vast majority of Bitcoin's prices can be derived from energy cost via mining and speculative investment.The most recent rise has been driven entirely by the halving of the mining algorithm, and it will follow a similar trend. Bitcoin will continue this boom-bust cycle until it loses its monopoly on the speculative market.

Altcoin markets give a good testbed for comparing various mining groups, and they follow identical trends but with different variables.

crairezx20

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Quote from: 2legit2 on July 24, 2016, 02:37:01 PM

Quote from: Bepesand on July 24, 2016, 02:14:32 PM

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.

i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me

Yeah we dont know what will be happen for the price of bitcoin also why do you know that the block size will higher?

2legit2

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Quote from: Bepesand on July 24, 2016, 02:14:32 PM

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.

i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me

Bepesand

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The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.

Maesters1-

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my prediction about bitcion is very simple to me bitcoin is going to be the number crypto currency and most of the people of the world will use it in the future. to me the price of bitcoin is going to cross about 1200$ very easily in next few months.

SmartIphone

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Quote from: potatopower on July 24, 2016, 08:40:24 AM

Quote from: bachlovesstories on July 04, 2015, 09:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

my prediction is simple, i think that soon more countries will accept bitcoins so this means that bitcoin's price will be larger than it is now

It's not about being accepted on most of countries because bitcoin is banned only in small number of countries which means that most of countries is legal to use bitcoin, but if more people start using it then the price will be increased more.

potatopower

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Quote from: bachlovesstories on July 04, 2015, 09:23:28 AM

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?

my prediction is simple, i think that soon more countries will accept bitcoins so this means that bitcoin's price will be larger than it is now

Docnaster

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Quote from: Intristing on July 23, 2016, 08:34:56 AM

Quote from: Finestream on July 22, 2016, 11:27:02 PM

Quote from: pooya87 on July 22, 2016, 11:18:14 PM

so far bitcoin price has been stable around $650 and another accumulation phase is shaping up. there has been some small testing of the bottom but nothing that shows the rise is on the way, and i would expect this way to go on for a little longer before the breakout happens.

We could see a good price in the future because is stable at the moment and it has remain stable after the fall back from $700. I think this is a good sign for the bitcoin that it is stable already and will give increase in the succeeding months.

Halving has took place and the price will start to rise probably within this year.

The fall back from $780 could be a good thing. It will consolidate the bitcoin for the next big rise in the future.

In the first 5 months of this year, the price of the bitcoin was consolidating around the $400 range, then it rose a lot.

Intristing

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Quote from: Finestream on July 22, 2016, 11:27:02 PM

Quote from: pooya87 on July 22, 2016, 11:18:14 PM

so far bitcoin price has been stable around $650 and another accumulation phase is shaping up. there has been some small testing of the bottom but nothing that shows the rise is on the way, and i would expect this way to go on for a little longer before the breakout happens.

We could see a good price in the future because is stable at the moment and it has remain stable after the fall back from $700. I think this is a good sign for the bitcoin that it is stable already and will give increase in the succeeding months.

Halving has took place and the price will start to rise probably within this year.

The fall back from $780 could be a good thing. It will consolidate the bitcoin for the next big rise in the future.

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