We are already on the way. Everyone of us is working hard to increase the price. Going hard works and telling to bitcoin to be proud of itself and to see always higher and higher. As it is shown ultimately bitcoin has heard us and has began its way versus new top price.

Jokes apart seems really that this time bitcoin is playing hard. after the bubble become from China there are again new high prices that no one know from what reason are achieved. Seems increase of activity of bitcoin and this may be the cause but if it is only this the price is to fragile. maybe this amount of transactions may be temporary and if so the price will go again. I hope to be from the spread and from the desire of the new entries to have some bitcoin. That will be a true achievement. But no one can know this.

Have no meaning to do such connections. The scammer can scam with everything and with every money. He scam there who find possibility to scam and these kind of possibilities are more out of bitcoin because ever the amount of people which are his target is bigger and have more possibility to earn more and for a log time. then have no meaning in itself to make such correlation. It is like to make guilty the bread because the bread maker has make it with expired flour.

How many times discussed about this topic.... It would be enough to do a simple search and will find tons of posts about this question. Thread created this, for more, with only few words in the form of a simple banal question. The only news is the second part which guess a crash of the price after the halving. But no one word why must have probability to happen this guess (without any kind of foundation). Now want me to do a question to OP. I am unable to find even only one very little reason about the why of this your supposition. May you give even only one reason which make you to write these words? In this way I can learn something new (and unimaginable for my mind). Or creating this post you wanted that your nick be written with gold letters at the hall of fame of those who has open (are authors of the open of) threads at bitcointalk?

Sorry but you must decide if bitcoin will be worthless and the people will starting to leave it, or bitcoin will be the future of money. Cannot happen both of those as you predict in your post. And you cannot be "pretty sure" that something will not happen when you firstly (before) accept that this something will become true. So, you predict in the first part of your unique precious sentence of your post that bitcoin will become worthless and the people will start to leave it FOR SURE and then immediately are pretty sure that this will not happen because bitcoin will be the future of the money. With which part of yourself do you are? With the first half of yourself who write the first part of your sentence or with the second half of yourself (which, as I can see, is in an open war with the first one) who write the total opposite of the first one?

If the 2016 will be the year of bitcoin the other ones which becomes after this year will be the years of the dead of it. Be the year of bitcoin mean that this year will happen and will verified the maximum for it. All the other ones after this year bitcoin must stay where was in 2016 or will go down. Cannot go higher because has its year: 2016.

I think that the year of bitcoin is yet to come. It will be not only one but every new year. Every new year I hope that will be the year of bitcoin. In the meaning that always, every new year, will see a new higher price for it. Which will stop (if will) in a remote, very remote, future year.

I think that bitcoin can be never the only currency in the world. I think that it, will be never able to substitute not only all but even only one of the national currencies of the world.

First of all it is not enough bitcoin already and will be not even more in the future when the needed for currency will be always higher and higher. Every economy is supposed that will grow (less or more or continuously or not have not mush importance; the resultant will be always the grow) and this need always new money.

Maybe the economists can find new ways to overpass this gap (maybe using the credit cards or other ways) but bitcoin has yet another big defect: it is only an internet money. Don't have a physical form. Even this can be surpassed inventing maybe the credit/debit card with bitcoin (which yet have a problem the currency will be yet bitcoin and not the credit card; as so will born again the need for necessary increasing supply of bitcoin which must argues all the expenses made with this cards, thing this impossible to be fulfilled).

And the end no one country can accept to have as a national currency a currency not own by itself. Cannot be managed the economy of one country if the currency of that country is not owned and managed totally by the Authorities of that country. Never cannot be accepted such thing and cannot be over passed in no one way. Only if could be created only one nation which can have within all the world countries. Only in this way bitcoin can be national currency of this country world. Thing this totally impossible.

I see only one future for bitcoin. World currency but beside all the other existing or new ones. Its status: King of all the other currencies.

If us dollar crashes (totally impossible according to me) then the first thing that Federal Reserve will (must) do is to create another national legal currency, a new one which will have all the needed corrections which make the us dollar crashes. This is for sure. Then what could happen with bitcoin is (as it is always with bitcoin) a big question market. Because will be measured with the new USA national currency. Supposed better than the us dollar. So from one hand will have the people disappointed from the national currency (the ex one) and this factor can bring most of them versus bitcoin. Move that will increase its price. On the other hand will have a much better new currency associated with all the possible propaganda of the State of Usa. This can slow the flux of the people who will want bitcoin. The result. Everyone make its choice.

This matter is treated even in other threads and there had to many thoughts about the possible reaction in this (very improbable) situation. I think that a first very possible scenario will be the development very much of the bitcoin black market. As it is verified for example in Russia. The Russian Government has banned bitcoin and one member of Government has make even an extreme proposal regarding those who use bitcoin: to put in jail. But nothing has changed. This market exist again and increases every day more. It will be less or more the same situation like it was before bitcoin become known from the normal people. Before this situation there were time that was the official currency in Dark Web. As it is again even in these days.

Practically, I think, it will be a lost war from the those who has fight bitcoin. Like it was the alcohol in the '30 years when the USA Government prohibited the use (drink) of alcohol in order to impede various social an personal (not few) problems connected with it. The result was the same like the above in Russia. The increase of the amount of alcohol used. This gave a good lesson to the USA Government and later them has revoked this impediment.

The same policy is in discussion in our days about the drugs (the ones who are considered as easy ones).

Then could be verified a second one but with very few probability scenario. Continues war for all, with all the possible tools, in all the possible ways and very severe penalization. I don't think that this scenario could be possible to be verified in reality even if can exist theoretically. To many obstacles to be verified and first of all very doubtful in its possible results.

You have partially right.

Have right because the problem you mentioned in your main post is true. To many threads are ridiculous if we see what they treat, their thoughts or their comments. But not only the authors of the threads. Even to many of them who comments on those have the same "nerve", the same "beauty" the same level of expression or thoughts. And i want to add even something else. Most of them are the most long ones.

And there where we are with your partially right. These threads cannot be and don't need to be deleted. If there are people who comment and this kind of threads are very long mean that most of the people who write here find themselves in that kind of thread. You want to exclude them from the right of expression. Cannot be made. Not everyone may have a bachelor or may have a master or more. Most of them are simple people. But with someone strong which make them important (everyone of them) for our community: their love for bitcoin and their desire to be bitcoiner. This is enough to be be fully respected in their being. In the way they are made and exist. If you don't like such threads you simply don't enter on those. If you want to comment in their threads (I made this almost always) you can try to give them something from yourself in order that the next time they create a better thread or make another better comment. Or even kidding with them: especially with them who think that are superior (on their being "stupid").

So help, acceptance and jesting and not exclusion or/and penalization. We want to be more and more and not less and less.
 

First for sure that who have bitcoin treat it as a currency (in his mind and his action). No one eat bitcoin and no one drink bitcoin. Everyone (even those who may think differently) use bitcoin only to buy thing or hold it because believe that an day its value will be very high. And that day (if it will be) in which bitcoin will arrive the value waited by everyone will be used to buy or to be changed at the market of currencies. So, don't have doubt about the name of bitcoin and the field in which he act.

Second who told that the other money don't go up and down? I cannot understand in which book or in which mouth you have found this expression. What is Forex according to you? If don't know do a search and will understand that is the market of currencies. In this place works to many people which earn the money of their family exactly with this specify which is denied by you. The up and the the down of various (ALL) currencies. So learn even this. Every currency do up and down. Maybe not as much as bitcoin but this doesn't mean that don't move.

As about the price of bitcoin in the future can be only guesses. Because have not to much to analyse in order to make predictions. Bitcoin have no owner who can take care from it so is free as bird and obey only to the relation supply/demand. As such I can tell what I hope and not an prediction. I hope very high price for it. That's all I can tell about its price.

The reserves are different from country to country and not at the same amount during all the time. Those are greater when the financial situation is not sustainable or not enough and are few when the situation in question is much more sustainable and the economy much more strong. Normally are product of various calculations and predictions and not an amount created only by one person and because someone can tell that must be this or that figure. So it is a variable which depends from other (economic and financial) factors and not an amount that can be decided from the human will. As such after decided how much will be cannot used. Until an another decision which, if reduce the amount, allow the use of the amount liberated. This can be the only way of the use of those.

I cannot believe that him is Satoshi Nakamoto. Cannot believe that such kind of character like Satoshi be able to appear publicly in that way. From being to many reserved and anonymous since the beginning in someone very open and mediatic like it is Craig Wright. To not mention here something heard from it which according to me is a bullshit (told that bitcoin is a commodity). Anyhow I am not an expert to be able to ask scientific proofs in order to verify his identity. So, if he is really Satoshi let give such kind of proofs and everything is solved immediately.

This theme is treated several times in this forum and you can find t many threads or posts regarding it. Anyhow, you are totally wrong. A commercial bank (like the banks mentioned in the article or by you) have any right to create/stamp any kind of currency. So even every such bank will want to do this thing that you mention cannot do it because is against the law. The right to create money have only a Central Bank or an Authority which have this kind of duty but with another name (for example Federal Reserve).

As for the above article the banks want to implement the technology from which is created bitcoin and in which is based the build of blockchain. Named peer to peer (if you don't know it). This a disruptive technology which cut excessively the costs of every kind of technology which replace. The field of its application are unimaginable and depends only from the imagination of the human kind.

You are talking only to tell something good because any of your proposals, according to me, cannot be verified in reality. If someone which is rich will begin to spread such amounts of bitcoin to everyone new with it soon will become he himself to ask the others that amount. On the other hand, no one who own normal amounts of it cannot do such thing. The price of bitcoin is high without having reason to be so. Who know how it will be its price when will have reason to go higher (for example the halving). Having such things in mind no one can give as a gift not that amount but even much few. Anyhow I don't want to ruin the good atmosphere tha can be created with this post. So I am not going ahead with my thoughts.

Yes I am buying bitcoin but not as much as I want. The reason? Can buy only that my pocket allow me. But if possible will buy ten times more. I have strange believe on it. Even I accept and know that is totally unpredictable, even I accept and know that will remain so during all my life (can't tell its life because will be eternal and I will die someday), even because I accept and know that its future is full with obstacles, I yet believe that one day in the future (don't know when) its price will be very high. Cannot convince no one with this my strange behavior in confront of it (it is natural when you don't have facts or have very few) but I don't care about this. Who want to believe ok, who don't, the same ok. Will be this last one which will lose. 

You must change your behavior as soon as it could be possible independently of your age. If your are young and spend all your time in front of an computer this is a very wrong behavior. You need to go out and to stay with your friend and find a girlfriend which probably can be even your future wife (one of those for sure). So you must go out not only to not be in front of a computer all the day because this can damage you (read in internet to man things about this kind of behavior), but even because, in your age there are to many other important things to do which cannot be made by any kind of computer if not made by you in this age. For example if you cannot find a wife most of your life will be a hell.

If your are older and have family is the same thing. The damage staying all the day in front of a compute can be even more dangerous because of your age. Not only this. Again everyone has need even to do a familiar life. So we are at the same situation like above. Less time in computer and more time with your family.

This doesn't mean that you must leave the computer. If you do so this will be another big error. If you are attracted by it and find yourself well doing work regarding it you must cultivate further this attitude. But reducing the time in front of it. There must be found always the time for the computer, for the friends, for your girlfriend/wife and for your family. The day has 24 hours. Are even more to find the needed time to spent with all the above.

It is hard that internet go down. Because is something which is entering in every cell of our life. And if want to be killed in some part or in to many parts can reborn in the remaining ones. Then with the application of the peer to peer technology on its structure, is hoped that internet become much more (if not all) decentralized. If this will become true it will be almost impossible to kill it. Every part will become independent and to kill internet must be killed every computer. Very hard thing to became true.

But if it will be true a similar thing like the situation mentioned in the main post, bitcoin will remain there where was the last moment before the destruction. Then, if in the future, in the new internet, will be possible to be recovered that part when the bitcoin was, that bitcoin can be used again. Like nothing was happen. If not will be lost forever.

I don't think so. The businesses which have bitcoin, according to me, don't have any interests to have their coins only in one wallet. If that wallet is hacked (and are hacked even wallets of blockchain.info) mean sure bankruptcy for those (if their business have to do only with bitcoin). They save (and according to me, with much probability, they do this) their coins in to many wallets. In this way are much more sure and much more protected from their possible problems of this kind. Because if one of their wallets is hacked can be lost only the coins within it which are only e few part of the overall amount own by them.

Your question must be articulated more exactly. You have mean that you have even in this moment. Then you told "I used to have" so don't have more that amount. If you don't have more that amount mean that the sentence before this in question have no meaning. may be correct if the question was "you had until now and if you have this maximum amount even in this moment". So you ask about the same thing using two different sentences in their meanings. Anyhow I am answering to both of those. The maximum of bitcoin I had was a little more than 12 bitcoin. I have not more this amount. In my wallet now I have much less than that amount. But I have several bitcoins invested which, if everything goes well, can give me, more bitcoins than the above mentioned.

I am sure that no one can tell what price can be. And everyone think like me (at least who have brain and think). Don't want to much brain to understand that with bitcoin anyone can't have some security regarding its future price. There are no data in which can be based every kind of supposition, there are no owners who can care about it, there are not any kind of rule which bitcoin is obligated to follow. Except one: demand/supply. Can be known only one part of this dichotomy. The other one, never. So cannot be some serious hypothesis by no one about its price in every possible future moment.

But if we want to play and to make a game then I can tell that the price of bitcoin in that day will be 876.54321.