Topic: Tell me your predictions about Bitcoin - page 64. (Read 234779 times)

bitcoin is very difficult to predict. I even thought that the price of bitcoin will actually reach the price of $ 1,300 this month, but in the end the price of bitcoin only survive at the price of $ 970 - $ 1030. yeah, but I feel that the price of bitcoin will rise higher in the months ahead.

I think what you are trying to say is bitcoin will not be unstable, you said it will never be unstable, but it will not. Bitcoin is really unpredictable when it comes to it's price, and right now, after a dump, it is slowly increasing and increasing, the more that it goes down, the more people supported it, because it is the time to buy bitcoin and just ride the wave to the future.

In the future bitcoin will be more expensive and popular, there will be more debates about this and about who will takeover bitcoin. It will be a secondary currency in which many people and stores will be accepting it. It's system will influenced banks and might use the same system as bitcoin's.

Yes I totally agree with you.
Intact in any form of investment ups and downs are quite obvious.
They totally depend on the condition of the market.
And the type of the large scale investors present.
Event though bitcoin's price has fallen.
But still I has kind of been stable around a fixed value.
And definitely it is a great gala time for long term investors,
Because I don't think bitcoins price will fall any more.

Bitcoin will never be unstable but it will be a good income source when we are going to store money and do buy and sell every time the bitcoin price down and up i predict bitcoin will be up to 1,500 doller this comming year ends bitcoin will be a good cyrptop currency where country already accepted the fact of bitcoin that will become part of economic and start accepting bitcoin as secondary payment.

but i think it depend on you knowledge and experience that how will you convince a person about bitcoin. if you know the way how to convince a person and you have thee skill to convince e a person then you can really do the job.

Yes at that time the time was hard as it was totally a new currency and it was hard to convince others to believe on bitcoin. But the obstacles are still in the way of bitcoin which is the coming of other technologies and currencies which navigate people to there.

Up and the downs is normal for bitcoin as if it is only basing on the supply and demand in the market. As of now it is going down since there is more sellers than buyers and they are more like people who want to be safe and they just want to secure their profit because of the upcoming hardfork that might affect the price. But i don't think that this is a bad sign for bitcoin because for long term investors this is a great time for grabbing this buying opportunity.

Yup, indeed very good growth bitcoin for several months now. But for a price reduction, it is not a big problem. because it is not always the same price bitcoin or stable, so the bitcoin can go up and down depending on demand that is happening in the market. Nothing to worry about, as long as we can still get the advantage. for we cannot forever use it without benefit.Better to focus on the things that will make us get much advantages rather than thinking of things that are not necessarily happen
 

I doubt that there were any issues with bitcoin in the past excluding blockchain problems.
After being released bitcoin got popular within a few months and the price we are seeing today is far much more than it's releasing time.

with increasingly sophisticated advancement of age, the system must also be enhanced, so that no attack from outside and inside, but it should also follow the needs of its users

You have a very good forecast and I would like it to become a reality)
I'm very afraid of the fork, so now I do not know what to do. I worry about my assets

Yes buying is the best thing to do now and I believe that bitcoin is going to increase after a month or two. That's why if you are an investor and always looking for long term investments with bitcoin you will going to get a good profit if you will invest right now. Also BU will not make it for beating core bitcoin, just what many are saying.

the concept is simple...."everything is worth what someone is willing to pay for it".


that is the bottom line.  it does not even really matter what the numbers at the top of the exchange buy page say....yobit can say that the current price of X coin is 500 sat, if no one is paying that, then you cannot force the exchange to find you a buyer.  and, at the same time, a huge buy at a high price or even a huge sell, does not have to change the price for any more time than that order is active, unless we allow that information to influence us.  if I put 20 BTC out there on yobit at $500, that single order puts a small price on only those coins.  BUT, when people see that, they panic and start dropping orders at lower prices than needed.  Maybe I just inherited a PC from a dead uncle, found a wallet with the 20 BTC and would rather make 20*$500 real quick than wait for a better price, that's $10,000 for turning on a computer. 

people needs to learn to ride out the waves, weed through the BS and make choices for themselves.  I have literally watched a coin that was rising dive and die on yobit, based on the chat on the side the site.  a mistaken comment about the dev of a coin dumping it causes the fire sale and death of a coin, the chatter was talking about the wrong coin.

Price will go up for sure and now buying bitcoins is a great idea as many people are interested in bitcoins for their service/trading.

Yes it is like a teamwork. It's price its getting higher and higher because of us. Not because of the of anything that is controlling it. As long as we keep using it or we keep buying it. Then, there will be a growth in it.
We can't just let the created hoaxes to just make it go down by spreading wrong information or for us to have doubts in it, for that reason we will also be the one to bring it down. It will be no ones fault but us.

I agree, but do not forget that the ceiling will come.  that is the entire idea of the rising diff versus the declining supply.  we are nowhere near that, but even if the value continues to climb, the moment will come when those last few crumbs are so hard to get that only the huge farms can achieve them.  that will shoot the value up at the very end, based on the sheer fact that people always want what they think they cannot get.  that moment will mean that there is nearly 21,000,000 Bitcoins out there.  At current value that makes $2,100,000,000 or around that amount, more than enough funds for the people that will be holding them, but as soon as the words hit the public that the supply is almost at the end, people will scramble for theirs and the price will jump.  it will also have a good drop not long after that as many people sell off their supply because the rush is over.  

not too long after that the price should stabilize to a good extent and only get a little up and down push based on the standard rumor mill bullshit.  but, with the supply down to what is in circulation, that will mean that the game is over for a lot of people, the rush is gone, the thrill is over, like all those disappointed people looking into the night sky on Dec 31 at the end of the millennium, realizing the world did not end, and that they had to get up tomorrow and do the same thing over and over again, just like last year.

price is fueled by the buy/sell world of the exchanges, that is fueled by guess work, rumors and supply/demand ratios.  the only controllable factor is supply and demand.  a person has the ability to manipulate this to some degree.  anyone can dump their house, empty the bank account and put every dime they have into a hard buy of bitcoins or another coin on the market and likely change the price.  newer coins can be literally bought u[, mined up and taken control off by anyone with the funds and desire.  bitcoin can be controlled, but the power needed is much higher.  things will settle, might take twenty more years, but they will settle once people stop rumoring and fearing the worst.  then, the time of those true investors will come, those that believed, held on and rode the storm out.  I still have a wallet from three years back that has 1 BTC in it on a dead PC in the garage, it was bought on an exchange for under $200, fees and all.  That 1 BTC is not getting dumped until my kids are ready to die, lol. Sort of a monument to all that we have been through for Bitcoin.  Mining, investing, yelling and screaming, and still....the code lives.

At the moment the development of bitcoin is hampered by the lack of his cash and the volatility of the exchange rate. Besides, bitcoin is still too few. It is the pressure on the exchange rate of bitcoin. I think in the near future the price will fall.

My prediction in bitcoin is going up because the tendency of many currency in the future is going up.  You know we are for futurism in which high tech gadget and new technology will create so the trade is all about the money or the currency at the end of the day.

After the momentum of the novelty wears off, Bitcoin will settle at a price.  Every few months or years a new group gets into the game and the price jumps because it is new to them.  I do not think that Bitcoin itself will be the foundation of a Crypto future in the real economy, simply because of two things, the price is too high and the code has limited growth room.  There are limited changes that can be made on a current blockchain without trashing the whole thing and starting over.

For both these reasons, it is going to be some other coin that gets the A-Okay in the mainstream world.  It will be a coin, maybe one that is already out there with a value that is closer to even(2:2).  That will make it easier for people to understand and use.  Also, it will have many more little "toys" built in that make the common person ooh and ahh. 

A big launching point for common acceptance will be a change in the confirmation wait times.  This can mean a loss of security, but no merchant/client pair is going to want to either wait 30 minutes for payment confirmation or walk away while the final confirmation is still unknown.  Perhaps an asset/colored coin that has a fixed value can act as a staging area, much like Paypal and other online wallets work.  The asset or colored coin can be purchased using any other coins ahead of time, the confirmations do their thing and then that coin is spent.  That has big issues too!  That either means that a "trusted" asset is being used and the merchant knows that it has not been abused, this is leading right into a "centralized processor" sort of thing, where the controller of the colored coin is vouching to the merchants that the funds are good and that means controls and that means lose of freedom.  On the other hand, fixing the buy rate on any asset will cause abuse and so on and so forth. 

Perhaps a system will be devised, surely the more popular the coin/asset the quicker the confirmations will come, assumed. 

Anyway, Bitcoin has done its job.  It paved the way for more coins.  Way too many coins, but hey, it was a concept that seeded more innovative thinking, programming and commerce.  Rest assured, any concept that is jumped on and used so quickly by major criminals has a bright future.  I see a day coming very quickly when a couple clicks on a website will not just pay for your pizza, but also send your order information, your delivery address and all other needed info straight through the computer to the pizza place, the delivery guys GPS on his phone and much more.  I currently use smart contracts to make my wedding anniversary purchases automatically three days prior to that date I always forget, I will be doing the same for a few important birthdays soon.  It is all in the code, just a matter of convincing the jewelry store to accept Bitcoin and convincing my wife that I have no tricks up my sleeve, just the deep desire to never piss her off, lol.

Bitcoin investors are still keeping their faith on bitcoin ecosystem that is the reason we can see quick bounce back of bitcoin prices after steep fall in last week. I believe the scalability issue of bitcoin will get resolved in very quick time itself so that we could see bitcoin prices testing $2000 levels.

As long as we are having long term holders of bitcoins, we never need to worry about any issues of bitcoin and the price is also will be trading at decent levels itself due to them.