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Bitcoin I think could really reach $500,000 by 2030 but I don't guarantee it since it is just there is a chance of bitcoin reaching that price by 2030. For now $500,000 BTC by 2030 got a slim chance to happen unless the volume of bitcoin usage will continue to increase as time pass by. If it decreased by even a year, BTC reaching the speculated price would just be a miracle but for now I won't say it will be since there is a chance of it happening.
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I don't necessarily think that $1,400 would be a goal that we are able to go to this week.
We have seen steady increases over the past week, up around $100+ dollars so far.
But bitcoin going another $200+ this week? Not very likely. Although I am a strong bitcoin believer I don't believe that having short term boosts that are so dramatic in bitcoin price is necessarily a good thing.
I would rather just have stability, for bitcoin to become a hedge against fiat inflation, much like gold.
I agree with you and I also think a sudden rise of 200$+ is bad for bitcoin since it is not showing a healthy market but instead it indicates a manipulated market therefore after that dump will surely happen. I don't want to see a dump soon now as a bitcoin believer but I would rather like to see the price increase slowly than seeing it peak to 1400$ then seeing it go down suddenly afterwards. |
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I have read the thread you linked and this looked quite interesting and to my conclusion, if segwit really is the solution to the slow confirmation times for bitcoin to live up to a merchant's expectation then we should support it. It will not only satisfy merchants I think if transactions would be lightning fast no matter how many people will use bitcoin, it will also attract more investors and of course corporations as well to use bitcoin which I think will be possitive to bitcoin and it's price. |
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Predicting bitcoin price is very hard so I will predict what will happen to only on the span of the month of april to june. My first prediction is that it will be stable for weeks until may and there will be a dump on may that will of course just be a little correction to make way for another pump in june. Another prediction I had is that price will be stable but it will shortly pump for a while on may and it will be followed by a dump days after the pump that will occur driving back the price to sub 1000$ and then back up again at june.
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I am from Philippines but I think this list is not updated since here we got many options to convert bitcoin to fiat and many people use bitcoin here so I don't think that our country should be on the 31st list and if it is based on transactions on Localbitcoins I guess you should consider adding more sources about this before making the list of top 30 popular bitcoin countries for trade since it is unfair for other countries too to use localbitcoins as basis.
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Bitcoin offers an alternative to traditional (fiat based) finance.
There's no interest that's inherent in this system. There's no mechanism for easy lending. There's no money supply manipulation. There's no lending off of a balance sheet (only) asset, i.e., imaginary money.
Does Bitcoin offer a positive evolution to finance? If so, how?
It doesnt. What it does is it disrupts the status quo and intends to give the people a way to make transactions without the banks being needed. Think of BTC as something that should be separate from the financial system but we could still do what the banks can without them. Even if it disrupts status quo, it brings forth good changes. Even if it does bring good changes like bringing ease to online transactions and of course a good substite to credit cards, it also brings bad changes like bringing a new means for money laundering and more. To sum it all up, bitcoin changes finance not for the better and not for the worse with the intent to ease transactions which is good. |
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For me, The balance in the buy and sell volume is what keeps the price stable now since right now, Buying and selling I think is balanced since the price is high so many sells but many buys so no dump happens. It might not last long though since buying can be defeated by selling pressure right now especially that the price is high and many traders are in the green so they might not hesitate to sell anytime now.
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Well,, as you see the price it recover very fast and smoothly. Down to $900 in March and Going up this Month, we are predicting that $1,300 in this month will achieved because on Japan that want to recognizes bitcoin and i think there's now many markets accepting bitcoin as of payment in japan. Hopefully there's more... Woot! Your verylucky if you buy at cheap price..... We are now in $1,199 and still pumping  Price: $1,199 BTC Time: 2:25:39 AM (Forum Time) Still Growing..... Give your predict price now that will achieved in April? You mean the end of April? I forsee a rise to mid $1200s, a sharp drop back to $800s before rising slowly back to $900s just as May arrives Let's see what will happen. For me, I forsee stable days on price ranges 1100$-1200$ until month of Mayarrives and price movements will begin again at the month of May. It might be an upward movement or downward movement. All I can say for certain is that it will be stable this time and will be there for weeks to come before making a move. |
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the only "actual usage" for any cryptocurrency are these:
1- bitcoin, since obviously it is the first and only cryptocurrency anybody outside of crypto world knows of and it has been around as a real currency for 8 years and ....
2- litecoin, it has been like the second cryptocurrency and it has been around long enough and there are actual services online which you can find that accept litecoin as payment. also it has an stable price for most of its life.
3- Monero, it is THE anonymous cryptocurrency and because of the "real" anonymity features it offers, this coin has an edge for being accepted as a payment when privacy and anonymity is of great concern.
4- Dogecoin, this coin had the biggest community and because of that some services has been created around it (I have mostly seen games being sold for dogecoin with big discounts).
I agree with you since I have seen many stores on the internet that accepts crypto-currency and it seems like this four coins are the ones most likely to be accepted in payments. Dogecoin to be precise have been accepted by merchants mainly I think because it just goes stable to a certain price for a very long time and pump and dump but recovers which stays to the price where it had risen or fallen for a certain amount of time. Monero sometimes is used in deepweb and litecoin is also one of the most accepted crypto-currencies around in terms of payment. Your post just proves that bitcoin still is the king since it's 8 years of life started. |
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People only learn when it will cost them a lot money. But the thing is that it needs to sink in properly before bag hodlers finally realize that they have been 'goxxed'.
Prior to the part where they realize their loss is the phase of denial. They will buy up coins on the way down in order to compensate their expensive other coins, but no matter how low they buy, the price keeps tanking deeper and deeper.
It's a sad but hard reality. I know how these things go because I used to be one of them. I gladly managed to keep the losses minimal, but it made me realize that the only coin worth supporting is Bitcoin.
I agree with you about the hard reality for altcoins part, getting into an altcoin in the first place is a risky thing to do since it can dump or the dev might run anytime even if you are early investor, there's still a risk. Most of the time, only devs and early investors profit and those who buy it when it is released and pumped were the bag holders. Sad to say that altcoin trading is full of lies so bitcoin is the only coin worth supporting as you say since it is the most dependable one to rise up again when it goes down in price. |
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Miners and whales have aligned to take the price of bitcoin down so they can buy more cheap bitcoin WHILE pumping and dumping alts.
I believe there will be no hard fork at all because both whales and miners know it would kill the price.
They want you to sell your bitcoin to buy cheap, same history as always.
Bitcoin still king.
I think miners not buy bitcoin, but buy hardware to produce bitcoin this mean bitcoin seller not buyer if about crash and dump price because about bitcoin issue, bitcoin unlimited, segwit, hard fork and about block size about dump and pump i think playing is trader not miners Miners can play as traders too though if they want since they can get some fiat after selling all the coins they mined and they have a lot of bitcoins so they are one of those whales who controls bitcoin price so I think they are involved in any FUDS made trying to make bitcoin price down for them to rebuy cheap bitcoins, ending with more profit in the end. Plain traders are playing in this dump and pump but remember, a miner can be a trader too. |
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Bitcoin seems to have established itself on the 4 digits once again at the current price of 1141 dollars, that is great since our holdings in bitcoin have recovered after the big crash that happened due to the rumor that a fork was coming so it seems everything is back to normal.
I guess everything is back to normal then but I say that it is too early to say goodbye to triple digit prices just yet because there is still a possibility that it will go down again to sub 1000$ in the next coming weeks but it is also possible that it won't go back to triple digits but most probably it will go back again to triple digits since 1000$ itself is a big price compared to prices bitcoin once had in the past and before halving so I think the probability of welcoming triple digits again is still there. |
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it shows that bitcoin is so volatile and its price can drop so suddenly and the price of bitcoins could go up so rapidly . we can conclude at this poiint that lets assume we are sleeping the whole night and in the morning we can expect that the price of bitcoins could go as low as possible,well then it will be the best time for buyers.
It can be the opposite way too, sleeping the whole night and in the morning we might see btc price pumped 2X or more or with a huge difference that's what every holder is waiting for in my opinion and if that time comes surely it will go back to original price or a dump presenting an opportunity to buy cheaper bitcoins. It does not show only how volatile bitcoin's market is but it also shows that many transactions really do happen in bitcoin resulting for a huge pump or dump to occur. |
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From yesterday we say a steady increase in price and it is giving positive impacts till now .but i guess the price will go down from 12 th of april .hope you sell your bitcoins and be prepared to buy the bitcoins from the mid of april ,you will gain a lot of profit.
Well I really do hope you are right since I have some fiat here ready to buy bitcoins at that time but I think I wouldn't sell all that I have left for now since I think there is still a possibility of it going up after the mid of april and it is not sure whether price will go down or not on the 12th of april so for now I will hold what I got and if it really dumped, I will buy if not, I will sell this little by little. |
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I keep seeing new topics in this board looking for reasons for rises or drops and they always have one thing in common: the change has been small.
I say any change smaller than $50 is normal with bitcoin and it is because of the normal fluctuations that any other market also has. but the range of changing is bigger with bitcoin because its market cap is much smaller than others.
what are your thoughts on this?
I agree with you that changes smaller than 50$ is normal since everyday transactions happen and orders are fulfilled whether it be a buy or sell. The range of changing of bitcoin is bigger I think not because of market cap but because of the large volume of transactions everyday. Though changes might be small, it can be a significant up or down in price since these small changes sometimes indicate a huge pump or dump. |
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In my opinion segwit is not losing yet. In the long run though there's a high probability that bitcoin unlimited will lose since right now it got many flaws but btc will go up in price even if none of these two is implemented. I really do hope that block size problems be resolved soon, I want to see bitcoin again having fast transactions just like the old days where the block confirmations are fast and transactions are settled within less than 30mins.
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The disclaimer is that I'm a core fan -- I believe bitcoin should remain named bitcoin and that all changes should be done within the system. Everything else is mutiny. Ergo, BTU will fall to the wayside, just as Classic and XT did after a bunch of crying and much ado about nothing. In any case, my blog also has some decent beginner's guides to bot trading and arbitrage if you'd like to take a look. The main theme is hot to capitalize on BTC investment groups in the most prudent manner possible: http://bitcoinautotradingreview.com/Thanks for taking a look! Ill go take a look it seems like bot trading and arbitrage is yet one interesting thing to do for me. I think too that BTU will fail and I think it is just a fud started by whales or something started just for them to buy cheap bitcoins. I think that Jihan wu himself is a whale in bitcoin which is why I think that he proposed BTU just to scare some new holders and for them to dump their coins so that he can buy cheap ones. I could be wrong since there is no real proof to what I said this is just my opinion but I might be right. |
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The fact if the FUD still exist right now. Or they're too late for grab cheap coin. But looks like the japan decision to accept bitcoin will become another big thing in the future and it will push the price around $1200 asap in my mind.
The same way will not work for a twice.
I really hope you are right and I hope that nothing will ever stop japan now in accepting bitcoin since if there was some kind of factor that will stop them from recognizing bitcoin, I think it might not have that bad of an effect but bitcoin will be dumped a little. If they were to accept bitcoin though, it will push the price not only around 1200$ in my opinion but they will push it to new all time highs in my opinion because Japan will be a great example to other nations that bitcoin is safe to use, thus will open the door to bitcoin's acceptance to many countries. |
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I think it would not even affect gold's price at all right now since they won't even touch it for a very long time I think about years and so. I also think that if those big gold investors began to hedge, I think they wouldn't put it into bitcoin since they just don't trust it yet. True that if it is extracted some might turn into bitcoin to hedge but it will be not that many so it wouldn't drive the price up significantly.
Actually, it's better to get bitcoin now as it is not full supported by China. Thus, as it China support it fully, then it would spike which would give a positive effect for its holders. What he was saying is that China would not even touch their newly found gold mine yet so it won't effect bitcoin price for now. Even if China does not really support bitcoin, price spikes and continues its everyday market. It doesn't need to be China since any country can support bitcoin if they want. If China will really support bitcoin, I doubt whether they will try to control it or not so having them buying it up means they will have authority in bitcoin which I think would not be good for long term holders. |
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I don't get it. It will actually be bad for BOTH chains if indeed Bitcoin forks into two. Some people who are following the space could see this as a weakness and another reason not to start investing or accepting BTC as payments. Imagine if you were a merchant and you have to go thru and be involved in this sh*t, with all the debates and the drama. And worst of all the uncertainty of BTC's future.
I suppose those that think BU will skyrocket are fully behind BU but the truth is if a fork happened then I expect a crash to follow immediately after the fork happen as uncertainty takes over the markets and some use this opportunity to spread even more FUD to try to crash the price even further. I agree with you that BU being accepted and fork happening will crash btc price immediately if not slowly but surely. BU might not make price to the moon and even if it split into two, I think people will just look on to the BTC that exist before fork happens disregarding BU and will result to it dying. I just really hope that this debates comes to a close so that bitcoin can be on a constant rise again. |
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