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I believe it is still going to be a method of payment alongside fiat instead of really competing, and therefor will keep the relatively small following that comes with that. I'd say somewhere around 10-15% will actively use it, but many more will use it in day to day life without directly contacting it.
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Maybe but will reach 650$ maybe even in April than we can talk next but move to dollar will be not rates rise
dollar will lose not to euro but to gold and btc
it will go to 700$ after halving, we just have to have 500$ price before halving, that may be hard but we really can go to 500$ things we can do to see 500$ price before halving is to keep your coins and buy new ones, price will rise, and if there will be panic don't sell your coins If reaching 700 is certainty, why is the price hovering at around 400 now? Why are people so negative. That is really bad. I hope that more people will know that the value will rise and that is really good for some people. Especially for the people that has already some Bitcoins. But you need to wait a long time to have some profit later. Those people who do not have enough knowledge about bitcoin and its pricing trend feel a fear from there and start to spread that fear to the hearts of others and in this way large community start to talk like that. Nothing is even close to guaranteed in investments, much less Crypto currency. There is no pricing trend in the past few years that shows we will always go up from any given point, much less one like where we are now that is relatively high. IMO the halving pump is very likely to already be in action and we may not see much of a price increase. |
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Loan Amount: additional .3
Reason for Taking out a Loan: Personal emergency
Amount to be repaid: .5676 total
Repayment Date: April 16th
Type of Collateral: NA
Bitcoin Address: Receiving in paypal
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I don't believe that fiat is going to be going everywhere. Something that is the universal standard of storing value and paying simply isnt going to be going away overnight.
I do like having alternatives like Crypto, but it just seems like a tool that can be used alongside fiat.
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This is waaay overpriced. A point is worth about a cent and a half, so at face value this is worth like 40 cents.
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Something need to worry about ? This user's password was reset recently. I was using last pass and premium ran out, so lost access from my phone. That's why I signed from an old address. Loan has been filled, locking thread. |
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Loan Amount: .2
Reason for Taking out a Loan:eBay issues
Amount to be repaid: 1% daily interest
Repayment Date: before the end of the month
Type of Collateral: NA
Bitcoin Address:1axz5N6Dzrke2VTSratqmgsGCqtzBGRPn
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Reason: Need to issue eBay refund and already spent funds Length: Around a week Repayment: Initial loan+1% a day
Address: 1QBxTsfzSvPoHh7vstG5QKTjAEaMRbwkau --Begin Signed Message-- Cooldgamer is asking for a .2 loan on 3/20/2016. Block 403577 Merkle Root: 9e803874cf19bcb6148b817d4d00b66bc5c7f69e1b78469e1a5d8f54b5673000 --End Signed Message-- --Begin Signature-- HB2h938LN8aGIo925doTJHzFKddUe8im4Kf8T+wMkyf6ONH+dmQjCudqYpPnJ4WFi55jPK33oNBOlDNj6X74nvQ= --End Signature--
Address staked here: https://bitcointalk.org/index.php?topic=471896.0
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The bitcoin will reach the amount of the 700 dollar, because of the halving that is coming this year it will be a easy target.
I even think it will go to a higher amount this year so around the 1k.
There are full possibilities that bitcoin can cross $1k mark by the end of this year, as haling is coming which will help to improve the price of bitcoin. That seems a bit overly optimistic. Even with the halving factored in, a clean double of the price right now would still leave us $200 away from that target. Considering the fact that lots of bagholders from the last big pump will be dumping all the way, it's going to take a lot of work to make that happen. |
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Wow, Norway still had positive rates! Now that they have got to 0.2%, they can go down to zero before starting their attack on Cash.
It is a joke situation nowadays, rates were cut to near zero, that didn't work, so they want to cut more. Isn't that a sign of insanity?
I wonder how low they can go before they lose control? -5%? When would you take every last cent out of your bank?
I'm guessing that unless we do hit something more than just a few fractions of a percent in the negative, the average person won't really care. We already get hit with overdraft fees anyway for letting them hold onto our money, what's a couple more percent out of it. I wonder if you could use a safe deposit box to hold cash in as a workaround it things got too bad... |
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I'm pretty surprised that the price has held as well as it has since the fall to 390. I was almost sure that we were going to be heading back to the 350 range, yet we bounce right back up. I guess the hype from the halving is making people pick up all the 'cheap coins' that they can.
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Have a couple of cards I got from a purchase promo. Asking $7.50 each for the codes or physical cards.
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Yes, I also agree that when all the systems will shifted to digital and all the transactions are going to happen through online system then bitcoin will replace fiat on a large scale.
Why do you think just because paper money will be mostly useless that people will automatically want to switch to Bitcoin? Using virtual fiat affords protections from fraud, stable value, and the backing of a government. To most people those are more valuable than a community that supports it any day. The average person doesn't want a money revolution, they just want to be able to buy their stuff smoothly. |
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I think there's up's and downs to both of them. Personally I mostly keep cash simply because of the stable value.
Bitcoin:
- Easy to make backups and encrypt, carry money without getting risking real life robbery
- Discreetly and safely carry large amounts
- Pay online and IRL with same money
Cash:
- No risk of hacking or loss due to technical issues (especially for newbies)
- Accepted everywhere IRL
- No volatility in value
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Compared to the starting price of ~$230, I think we will be staying mostly above that for the year. My guess is we'll end up topping out in the $600 area, with a lot of mini-bubbles and crashes along the way. An ATH is possible, but I just don't see the same energy that we had for the last bubble that made it possible.
The halving is a coinflip, but I'm not betting on us shooting up because of it.
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Bitcoin is never going to become a global currency with the market cap of every country. Could you really see it becoming worth that much, with most of the rich people simply being ones that had a single coin?
It's alternative form of money, just like gold, stocks, etc... but it's not going to take the world over completely.
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Reaching 250 would mean something is going wrong. We just went under 400 dollar and bam everybody started buying.
Which means 250 is not a price we will see soon.
Not really, considering how little stability there is for the value of crypto it could happen at any time. After we broke $1,000 nobody thought we'd ever see anything close to 500 again, yet here we are now completely content with it. It may take a while to get there (or never happen), but it's not out of the picture by any means. when we broke $1000 it was obvious that price is going to fall. everybody knew that it is a bubble which means it was going to burst. maybe nobody expected $200. that's the way market works. just look at any market. the closest example is the altcoin market which is full of the same thing. whenever there is a pump (bubble) there is a burst after that but the overall growth is still there. from 0 to $1 to ... to $200 and now 400 and rising. Definitely not everybody was aware of the fact that the +$1000 price was nothing more than a very short term peak. If you look at how many people still bought above $1000 you'll be quite shocked. These people didn't have any control over themselfs. Greed took over. Exactly, when you're at the peak of the bubble many people think you're still in the middle of it. If you go back and look at the posts from then you'd probably see people talking about the next stop being $1,500 and higher. No price is too low, no price is too high in the world of crypto. It's all based on speculation and perception at the end of the day. |
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Reaching 250 would mean something is going wrong. We just went under 400 dollar and bam everybody started buying.
Which means 250 is not a price we will see soon.
Not really, considering how little stability there is for the value of crypto it could happen at any time. After we broke $1,000 nobody thought we'd ever see anything close to 500 again, yet here we are now completely content with it. It may take a while to get there (or never happen), but it's not out of the picture by any means. |
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