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1  Economy / Speculation / Re: Tom Lee lowered his prediction to $15k hehehe on: November 18, 2018, 03:26:05 PM
to be honest i wouldn't have changed my prediction if i were him. mainly because the current drop is not because of logical reasons such as previous times (bubble burst, correction, ...) it is purely FUD based and panic of BCash fork which means it is not natural so if he thought price is going to be $25k then since nothing has changed, his prediction shouldn't have changed either. although it is still pretty weird that he made that prediction but that is another discussion.

The bitcoin cash forking attracted some hash from bitcoin, so the bitcoin is less secure. That will impact the bitcoin price negatively. The price will rise eventually as the hash comes back.
2  Bitcoin / Press / Re: [2018-04-25] China Continues Bitcoin Mining Crackdown by Seizing 600 Computers on: April 25, 2018, 05:25:52 PM
"The Crackdown Continues Unabated
Up until now, there has been some debate as to whether or not China would revert its stance on cryptocurrencies. This latest development seems to indicate that will not be the case. The Central Bank plans to further regulate the power usage of Bitcoin miners in the region. This effort is taking place to reduce the scale of these operations and eventually force miners to different countries altogether.

This has caused some miners to pay more attention to European countries. Iceland has been extremely popular in the past few years due to its abundance of cheap electricity. Other European countries are also of great interest. In Canada, Bitcoin miners are also launching new operations as we speak. China’s role of importance has all but dissipated, yet the government failed to bring Bitcoin down to its knees.

For now, developments like this one will continue to occur in China for some time to come. During the seizure of this hardware, five people were identified as persons of interest. One other individual has been detained for his involvement in this mining operation. It remains unclear if they will face any legal repercussions for partaking in this venture."
3  Bitcoin / Press / Re: [2017-11-20] Roger Ver Declares Bitcoin Cash to Be True Bitcoin on: November 20, 2017, 08:32:23 AM
“I do not think the challenges and in-fighting between various crypto camps are a bad thing. In another way we're effectively witnessing democracy in action. These are, in part, simply growing pains of a new technology, but by blasting through these roadblocks Bitcoin also becomes more robust and resilient. This is why, in my opinion, Bitcoin continued to rally to all-time highs after the Bitcoin Cash fork during the summer; Bitcoin users have realized that "Bitcoin is still Bitcoin" any time a new fork occurs.”

So the debate has attract more attention and the price of both coins have risen a lot recently.
4  Bitcoin / Bitcoin Discussion / Re: Will some pools atack on btc to make transactions suffer? on: October 09, 2017, 06:49:50 AM
As known by everyone some biggest pool are supporting 2x for now everything looks good. We will get free Bgold as much as we kept bitcoin on our wallets but I think some people who are supporting Bgold they will atack on bitcoin blockchain make too much transactions which makes transactions will be confirmed more than 12 hours and fees are going to the moon. After everything they did they gonna say that "bitcoin is not good enough it is about to explode" and they will manipulate the people everyone will be in panic. Bitcoin will get bleed for a while.

It is a scenerio that I think could get real what you guys think?

Wasn't this the thing they have been doing for 7-8 months? They try to make BTC blockchain vulnerable and slow, and busy so that they can generate valid arguments for their trashy forks.

It is became such a war between miners and traders. Either way it harms all of us except one company that I even don't want to remember their name. Sad

Miners will protect the Bitcoin as they can only make money out of Bitcoin. Traders do not care as they can make money out of other coins.
5  Bitcoin / Press / Re: [2017-08-28]Ronnie Moas Predicts Bitcoin Will Hit $20,000 Within Three Years on: August 31, 2017, 11:29:54 AM
...

It is possible to reach this price within those 3 years, but it has very serious obstacles ahead that must be solved.

Bitcoin needs to have faster confirmations and Low fee

That is right. I think the block size has to be increased to get low fee.
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