The future of Bitcoin - page 51. | Bitcointalksearch.org

kartaggen

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Quote from: CryingMidget on February 13, 2016, 02:30:31 PM

Quote from: richardsNY on February 13, 2016, 01:45:51 PM

Quote from: busybee7 on February 13, 2016, 01:08:39 PM

Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

More stores accepting Bitcoin payments doesn't mean the price will go up. We need more people to bring in fresh money. That's how we make the price go up.

Dude if more stores accepting means We can get business from more people thsat means adoption Sure this help to grow the power of bitcoin.
Halving is on the way get success as well.

Yes, if we find more stores accepting bitcoins as a mode of payment means bitcoin is moving a step forward towards getting on the mainstream, and it will also increase the adoption level of the people.

jokerrj

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The future of bitcoin will depend on the halving, if price falls down after halving, new users will hesitate to adopt bitcoin as a currency or an investment, so lets wait and watch.

angryrob

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I think the future of bitcoin would be competitive, as it would face lots of competition from currency like usd, eur and it will also face a tough competition from Paypal and WU as a payment method.

CryingMidget

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Quote from: richardsNY on February 13, 2016, 01:45:51 PM

Quote from: busybee7 on February 13, 2016, 01:08:39 PM

Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

More stores accepting Bitcoin payments doesn't mean the price will go up. We need more people to bring in fresh money. That's how we make the price go up.

Dude if more stores accepting means We can get business from more people thsat means adoption Sure this help to grow the power of bitcoin.
Halving is on the way get success as well.

chennan

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Quote from: richardsNY on February 13, 2016, 01:45:51 PM

Quote from: busybee7 on February 13, 2016, 01:08:39 PM

Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

More stores accepting Bitcoin payments doesn't mean the price will go up. We need more people to bring in fresh money. That's how we make the price go up.

I mean, yeah in a way that's valid... but I think it's more reasonable to say that I think miners are continually dumping into the "fresh money" that's already coming into bitcoin to keep their miners running. So it needs to be said that it needs to be "Fresh money" > BTC's being dumped by miners to make a profit.

But people are starting to fear what the future of Bitcoin is I think. They are unsure if the problems that face bitcoin right now are ever going to be fixed... especially before the halving comes. There's just tons of uncertainty, which isn't good for the price.

But, people like to come on here, sit back, and just say that merchants will just all the sudden decide to accept Bitcoin in 2016... this isn't the case. People on here and elsewhere will need to actively promote Bitcoin to merchants and explain why it is a better alternative than paypal and other forms of payment... which is difficult when trying to compare why Bitcoin is better than, lets say, Visa.

richardsNY

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Quote from: busybee7 on February 13, 2016, 01:08:39 PM

Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

More stores accepting Bitcoin payments doesn't mean the price will go up. We need more people to bring in fresh money. That's how we make the price go up.

Farma

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Quote from: busybee7 on February 13, 2016, 01:08:39 PM

Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

all of our expectations as well as it was, but nobody knows when it will happen again, I think also the price of bitcoin will be higher, and this year I might predict that the price of bitcoin was more than $ 700 for 1 bitcoin

busybee7

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Price will rise to 1000$, more stores will accept them as payment, and more people will know about them

Mitchow

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Quote from: RustyNoman on February 13, 2016, 03:58:32 AM

Quote from: ampere on February 12, 2016, 05:40:46 PM

Looking at the present stable price of bitcoins, it seems that the future of bitcoin would be much secure and safe, as we all want that the price of bitcoin should be more stable so that more people start investing their money into it.

The price is quite stable recently. But it is still very volatile during a day. The price just rose 12% in the last 24 hours.

Yeah, but its good that price is stable at a moment and that is the good sign for the users of bitcoins, as if price fluctuation is higher, its difficult to get new investors into it.

RustyNoman

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Quote from: ampere on February 12, 2016, 05:40:46 PM

Looking at the present stable price of bitcoins, it seems that the future of bitcoin would be much secure and safe, as we all want that the price of bitcoin should be more stable so that more people start investing their money into it.

The price is quite stable recently. But it is still very volatile during a day. The price just rose 12% in the last 24 hours.

Nemesis099

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Quote from: martinacar on February 12, 2016, 06:02:14 PM

The future of the bitcoin is pretty bright, it has a good future a head.
Not only because the halving is coming but also because its getting popular, it will rise for sure.

Exactly, and I believe it has not reached to the level yet where it has to be, the only reason behind is the lack of awareness of the people, once people start knowing bitcoin, it will grow more in future.

martinacar

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The future of the bitcoin is pretty bright, it has a good future a head.
Not only because the halving is coming but also because its getting popular, it will rise for sure.

ampere

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Looking at the present stable price of bitcoins, it seems that the future of bitcoin would be much secure and safe, as we all want that the price of bitcoin should be more stable so that more people start investing their money into it.

doctor877

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Quote from: SuperLed on February 12, 2016, 01:48:05 PM

I don't think bitcoin has really bright future. Not that I want it to fail, but the system bahind it has too many flaws. If developers will not fix the issue with filled blockchain and if miners will be only in china, there's nothing good that will happen.

No you are wrong mate, just give some time to bitcoin, it is still in its primary stage, bitcoin will grow in future and become more powerful, the only thing bitcoin seeks at a moment is support from the community.

SuperLed

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I don't think bitcoin has really bright future. Not that I want it to fail, but the system bahind it has too many flaws. If developers will not fix the issue with filled blockchain and if miners will be only in china, there's nothing good that will happen.

Aamir1

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Quote from: rio3233 on February 12, 2016, 05:56:02 AM

Quote from: RustyNoman on February 12, 2016, 05:48:25 AM

Quote from: LuckyYOU on February 11, 2016, 05:05:30 PM

Well the price is indeed low now.
But its just a matter of time till it will rise again for sure.
Some people do not have the patient to wait for the halving also(the future).

I think the price is low at the moment. It will go higher when the Core team agree with the new proposal to increase block size within 3 weeks.

Well, this week the price is stable now. It's better than 1-2 weeks ago, that the price of bitcoins really down. but i hope someday the price will increase again.

It surely will, its recently stable and not going down from $360 but it will go high in coming few months maybe to $700+ or can be even more.

pneumatic5

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Quote from: rio3233 on February 12, 2016, 05:56:02 AM

Quote from: RustyNoman on February 12, 2016, 05:48:25 AM

Quote from: LuckyYOU on February 11, 2016, 05:05:30 PM

Well the price is indeed low now.
But its just a matter of time till it will rise again for sure.
Some people do not have the patient to wait for the halving also(the future).

I think the price is low at the moment. It will go higher when the Core team agree with the new proposal to increase block size within 3 weeks.

Well, this week the price is stable now. It's better than 1-2 weeks ago, that the price of bitcoins really down. but i hope someday the price will increase again.

Yeah price will go up after the halving, and it is expected that it will atleast cross $700 after the halving, and we all are waiting for that value so that we can sell a part of our bitcoins and can earn some profits.

rio3233

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Quote from: RustyNoman on February 12, 2016, 05:48:25 AM

Quote from: LuckyYOU on February 11, 2016, 05:05:30 PM

Well the price is indeed low now.
But its just a matter of time till it will rise again for sure.
Some people do not have the patient to wait for the halving also(the future).

I think the price is low at the moment. It will go higher when the Core team agree with the new proposal to increase block size within 3 weeks.

Well, this week the price is stable now. It's better than 1-2 weeks ago, that the price of bitcoins really down. but i hope someday the price will increase again.

RustyNoman

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Quote from: LuckyYOU on February 11, 2016, 05:05:30 PM

Well the price is indeed low now.
But its just a matter of time till it will rise again for sure.
Some people do not have the patient to wait for the halving also(the future).

I think the price is low at the moment. It will go higher when the Core team agree with the new proposal to increase block size within 3 weeks.

LuckyYOU

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Quote from: LarryHocks on February 11, 2016, 01:18:57 PM

Quote from: bitlancr on February 11, 2016, 08:41:52 AM

Quote from: KiwiParty on February 11, 2016, 06:02:31 AM

Quote from: ctlaltdefeat on February 11, 2016, 04:29:37 AM

Quote from: Financial_Genius on November 28, 2015, 04:46:35 PM

What are the future projections for Bitcoin?

the biggest projection on this year "Bitcoin Halving"
i think as many people wish,bitcoin halving will give us some answer about bitcoin,lets be enthusiastic.

How ironic!

Bitcoin Halving itself isnt the problem itself, but the rising cost of mining.
Processing power does NOT keep up with the complexity.
Its in the nature of a draft, it will be difficult to foresee the future of BTC, but not the future of economics.
As soon as profit lessens, interest will start falling, and the rate would drop. It could have the same effect like a catch 22.
Start slow, but in the end its really fast.

I think Bitcoin does have a good future. But that is yet to come clear. Not yet. Because I think it will later be used more and more people know what Bitcoins.
I also think it will be namely worth.

I totally agree with you. Because I also believe that Bitcoin has a good future.
But not everyone thinks that because they think it is very bad because the value is very low now.

Well the price is indeed low now.
But its just a matter of time till it will rise again for sure.
Some people do not have the patient to wait for the halving also(the future).

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