The year of 2017 would be a golden year of bitcoin and what is your thought? - page 5.

lOvE mE forEvEr

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Quote from: South Park on January 04, 2017, 07:19:24 PM

Quote from: igigme77 on January 04, 2017, 05:22:32 PM

Quote from: Cryptopher on January 04, 2017, 03:39:02 PM

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

Thats a fool proof way to go broke. You need to think of bitcoin in the bigger much longer term picture. 25 years. It will take over the world. Just watch!

If you bought at 400 and then sell at 1000 then you are not going to go broke because of it in fact you had nice profits but there is the possibility bitcoin reaches way greater highs and you could lose the opportunity to be there and get those earnings too if you sell too soon.

it seems we must be patient to sell bitcoin, the temptation to sell at the price of $ 1000 is difficult to avoid, everyone will benefit greatly, but believe that this is the beginning of higher prices again. I will continue to hold up to a minimum of $ 2,000, and this year Will happen.

South Park

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I am terrible at Fantasy Football!!!

Quote from: igigme77 on January 04, 2017, 05:22:32 PM

Quote from: Cryptopher on January 04, 2017, 03:39:02 PM

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

Thats a fool proof way to go broke. You need to think of bitcoin in the bigger much longer term picture. 25 years. It will take over the world. Just watch!

If you bought at 400 and then sell at 1000 then you are not going to go broke because of it in fact you had nice profits but there is the possibility bitcoin reaches way greater highs and you could lose the opportunity to be there and get those earnings too if you sell too soon.

GMPoison

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Quote from: Kprawn on January 04, 2017, 02:05:37 PM

The big question will be, if we can scale quickly enough with the current code to accommodate for mainstream adoption. We have been fighting

about Block sizes and scaling solutions for most of 2016, and it is time for us to tackle this problem together. You can decide to scale

conservatively and in the process cause frustration with slow confirmations { if this goes mainstream } or you could scale aggressively and

then run the risk of opening new attack vectors. Huh

To Big block or not, will become a forced decision at the rate we are going now. Roll Eyes

That's what I keep saying. It's all about how well it's going to be able to be adopted by the masses.

Dmitry.Vastov

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Yeah. I think it will be a golden year for bitcoin. We are almost hit the all time high at this monment. So reaching for new all time is possible anytime soon. We are at January and look at the price. Theres more month to come. Just wait and see what will happen to bitcoin this year.

igigme77

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Quote from: Cryptopher on January 04, 2017, 03:39:02 PM

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

Thats a fool proof way to go broke. You need to think of bitcoin in the bigger much longer term picture. 25 years. It will take over the world. Just watch!

strasboug

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Activity: 504

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It will certainly be a great year for big coin! 4 days already appreciated 20%, lol. Thanks to Chinese who try to smuggle their currency out, now it has a restriction, so bitcoin is the best choice for them to move money around.

Zetminster

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Quote from: Cryptopher on January 04, 2017, 03:39:02 PM

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

The start of the 2017 is good. But if the price rise is lower than 20% per month, that is even better.

Cryptopher

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Keep it dense, yeah?

I'm always very cautious when it comes to the price of Bitcoin, but that's probably because I view things very short-term rather than the long game.

The recent surge in BTC price left me constantly saying "it is gonna tank again", sure enough it did but only to recover as the trend continues.

Will be interesting to see where things go now and what effect (if any) it has on some of the more popular altcoins.

bL4nkcode

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Limited in number. Limitless in potential.

Quote from: Dux2K on January 04, 2017, 02:53:56 PM

I think we all wanted this and see this price over 1100 dollars and we might see new high this month and perhaps even see this time price over 2000 dollars. Can we expect this?

We broke the 1100 and now going to 1200, this year is ideal for Bicoin users around the globe, a new record indeed.
Once the price goes higher and higher, global acceptance of this digital money becomes broad so possibilities that it will increase for some good reason.
I'm so happy that we've crossed our path thanks to you, to Bitcoin. Cheesy

coskunz

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Activity: 61

Merit: 10

Quote from: Kprawn on January 04, 2017, 02:05:37 PM

The big question will be, if we can scale quickly enough with the current code to accommodate for mainstream adoption. We have been fighting

about Block sizes and scaling solutions for most of 2016, and it is time for us to tackle this problem together. You can decide to scale

conservatively and in the process cause frustration with slow confirmations { if this goes mainstream } or you could scale aggressively and

then run the risk of opening new attack vectors. Huh

To Big block or not, will become a forced decision at the rate we are going now. Roll Eyes

I think in the next bitcoin summit will be organized in USA. Maybe they will have more new technologies for processing this problem.
So the year of 2017 will be real bitcoin year.

lightfoot

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I fix broken miners. And make holes in teeth :-)

My thought involves touching myself with joy....

Dux2K

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Blocklancer - Freelance on the Blockchain

I think we all wanted this and see this price over 1100 dollars and we might see new high this month and perhaps even see this time price over 2000 dollars. Can we expect this?

Elsada

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Activity: 59

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Quote from: coskunz on January 04, 2017, 01:33:01 PM

the year of 2016 was fairly full of exciting news in the cryptocurrency world and We have seen many continued blockchain innovation,
the steady growth of Bitcoin and increasing global acceptance of the currency and Of course That's not all we clould see but 2017 is just beginning.
It's going to be an exciting year and yes, Bitcoin has done a surprised wonder passing over 1,100$ at the time I'm writing this thread.

Bitcoin - You, Do not spoil our surprise. Thank you, Bitcoin.

Happy New Year - the golden year of 2017.

Yes, That is the year of bitcoin. You can see the price over 1,100$ and it can reach 1,350$ in this month.
I can not expect The price is rising so highly like this. Do you want to buy more bitcoins for holding?

avatar_kiyoshi

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Activity: 1106

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The price grow so fast o think, it's even reach more than I expected, yes this year is a bitcoin shine but the problem is how bitcoin survive?

Quote from: Kprawn on January 04, 2017, 02:05:37 PM

The big question will be, if we can scale quickly enough with the current code to accommodate for mainstream adoption. We have been fighting

about Block sizes and scaling solutions for most of 2016, and it is time for us to tackle this problem together. You can decide to scale

conservatively and in the process cause frustration with slow confirmations { if this goes mainstream } or you could scale aggressively and

then run the risk of opening new attack vectors. Huh

To Big block or not, will become a forced decision at the rate we are going now. Roll Eyes

That's the biggest dilemma for bitcoin nowadays, it's feels for me, especially the transaction goes to slow even have more time to confirmed (my experience over 1 hours, using default fees from my wallet), unless put more fees/any factors which to add more priority.

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: Kprawn on January 04, 2017, 02:05:37 PM

The big question will be, if we can scale quickly enough with the current code to accommodate for mainstream adoption. We have been fighting

about Block sizes and scaling solutions for most of 2016, and it is time for us to tackle this problem together. You can decide to scale

conservatively and in the process cause frustration with slow confirmations { if this goes mainstream } or you could scale aggressively and

then run the risk of opening new attack vectors. Huh

To Big block or not, will become a forced decision at the rate we are going now. Roll Eyes

The solution is leaving Bitcoin alone, and letting the free-market decide on Transaction Fees. This will give room for micro-wallet services for dust transactions, coffee purchases, etc. while keeping the fees in the hands of the miners.

Having 1 million unconfirmed transactions won't crash the network. Changing the structure of Bitcoin like Block size, segwit for malleability and all that nonsense just complicates things and opens the doors for problems.

And to answer the OP's question, yes 2017 looks to be a great year for Bitcoin.

Kprawn

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Activity: 1904

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The big question will be, if we can scale quickly enough with the current code to accommodate for mainstream adoption. We have been fighting

about Block sizes and scaling solutions for most of 2016, and it is time for us to tackle this problem together. You can decide to scale

conservatively and in the process cause frustration with slow confirmations { if this goes mainstream } or you could scale aggressively and

then run the risk of opening new attack vectors. Huh

To Big block or not, will become a forced decision at the rate we are going now. Roll Eyes

coskunz

member

Activity: 61

Merit: 10

the year of 2016 was fairly full of exciting news in the cryptocurrency world and We have seen many continued blockchain innovation,
the steady growth of Bitcoin and increasing global acceptance of the currency and Of course That's not all we clould see but 2017 is just beginning.
It's going to be an exciting year and yes, Bitcoin has done a surprised wonder passing over 1,100$ at the time I'm writing this thread.

Bitcoin - You, Do not spoil our surprise. Thank you, Bitcoin.

Happy New Year - the golden year of 2017.

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