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1  Economy / Speculation / Re: Price predictions for after the halving on: July 21, 2016, 01:33:40 AM
So maybe $1200 was a little too much to expect in such a short period of time after the halving, but I am still confident Bitcoin will hit that price in the next couple of months. The reason I picked a high price was because I thought the chain reaction would happen quicker than it is happening as a result of the halving, but this delay may be a blessing. Since the price is stagnant right now, miners are hurting and are most likely closing their operations or stalling until they are able to get a higher dollar for their coin. Like some of you said, the supply and demand effect will kick in and trigger buying and a small price spike since less coin is available (minor panic buying). Also, the block difficulty will fall when miners quit mining (can be seen after last halving) which could create some turmoil among the mining community. Basically, it'll turn into survival of the fittest and whoever is able to hold out the longest will take advantage of the low block difficulty and generate all the coin. A cryptopoly if you will (excuse my terrible jokes). There's more to this theory such as Britain, Turkey, and Trump running for president, but I'll leave it at this so as not to clog up my thread any more than is needed. In other words, I stand by my prediction. I just made it too soon. There will be a significant price increase. Expect it.  Wink
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Emercoin on: July 09, 2016, 07:31:12 PM
What is everyone's thoughts on Emercoin? I know Microsoft has partnered with them on the Microsoft Azure Blockchain service and the price just recently skyrocketed, but I was curious how it compared to coins and like Bitcoin, Litecoin, and Ethereum. I am currently thinking about buying some, but would like some outside opinions first.

I know little about that project so I can't give you an opinion. What I can tell you is the whole "Microsoft Azure partnership" is not really very relevant. Azure is just one more hosting service provider anyone can host a node of any currency in any hosting provider.

Here you have an accurate description of the process by Fluffypony Monero developer who went through the process.

https://www.reddit.com/r/Monero/comments/4bs33o/monero_added_to_microsoft_azure_blockchain_as_a/d1c92rk
Quote
None of the above.

We contacted them, they told us what we needed to do. It basically consisted of signing a Contributor License Agreement, submitting a PR to the Azure templates Github repo, and sending them a write-up. Took us like 3 or 4 hours:)

All the altcoins saying that Microsoft is "partnering" with them are being disingenuous - you are a partner inasmuch as you have a BizSpark account and signed a CLA.

The upshot of this, however, is that developers that are already using Azure can build applications on top of the Monero blockchain, and are able to spin nodes up quickly and easily.

Thanks that explains it a little better. So basically their "partnership" with Microsoft Azure is just a badge they can wear and it does not add to their project, but rather provides a host that has a prestigious name haha
3  Alternate cryptocurrencies / Altcoin Discussion / Emercoin on: July 09, 2016, 02:59:27 PM
What is everyone's thoughts on Emercoin? I know Microsoft has partnered with them on the Microsoft Azure Blockchain service and the price just recently skyrocketed, but I was curious how it compared to coins and like Bitcoin, Litecoin, and Ethereum. I am currently thinking about buying some, but would like some outside opinions first.
4  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: question if you had to pick 1 exchange website to buy alt coins - which one ? on: July 09, 2016, 02:49:39 PM
Kraken and Livecoin
5  Economy / Speculation / Re: Price predictions for after the halving on: July 08, 2016, 09:59:12 PM
The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.

thats my thoughts too.  remember the last big pump was several months after the halving, so it may take a while to happen.
i was really surprised we had a dip there few days ago, felt like a "last chance to get in" moment haha
I noticed that too  Cheesy
It is like the bitcoin price is teasing us to buy before it is too late  Kiss
A shame bitcoin a shame on you haha. Cheesy

People have had enough time to buy as many coins as possible when the price was around $400. For some reason they always tend to wait a long time before they actually start buying.
With Bitcoin's volatility it is kind of hard to get yourself to buy until you see a good upward movement to give you confidence, which is why people tend to wait. So with that final dip I bet you guys are right that some people were pretty happy to get in before it's too late haha Cheesy
6  Economy / Speculation / Re: Price predictions for after the halving on: July 08, 2016, 06:23:08 PM
The price is already showing a steady upward trend with just over 100 blocks to go...this should be pretty interesting regardless of what happens.
7  Economy / Speculation / Re: Price predictions for after the halving on: July 05, 2016, 03:12:45 PM
4 days left... we'll see how accurate these predictions are
8  Economy / Speculation / Re: Price predictions for after the halving on: July 04, 2016, 07:43:06 PM
Over $700 would be wonderful achievement price get stable floor this range because I don't think there will be big bubble will happen after the halving, I am not sure we are going to cross 4 figure in price and it looking really high at this stage.
I also hope that the price will be $ 700 bitcoin after halving, and bitcoin prices will be stable, because it may be very many people are disappointed if the price is not stable bitcoin account after halving

Stable price of $700 is good to hold after the halving and I think many users will be satisfied with that price as no one wants to see price below $600 now.
Honestly we are already made a profit with this price today and i think many people are still waiting for more price increase they are not satisfied what the price today but some people are satisfied for the price increase so i think the price will hardly to increase but we will see that the price these days should be increase because block halving is nearly coming.

People are not satisfied because they are disappointed in the price not having reached $800 very recently. They just want to see the price keep increasing without thinking about what's needed to get there. They want their profit, and that's it.
Sadly you're right. I do, however, like the fact that investors and those only interested in profit are speculating and becoming interested. They are drawing much needed attention to Bitcoin and, as a result, publicizing it and making it more of a social norm, which benefits the whole network in the end.
9  Economy / Speculation / Re: Predict the price for January 1, 2017 on: July 02, 2016, 12:44:11 AM
$11,113 on January 1, 2017 at 6:00 p.m. EST

Prediction locked in.

QFT
Can't have any wiggle room. It's either perfect or horribly inaccurate lol
10  Economy / Speculation / Re: Price predictions for after the halving on: July 02, 2016, 12:34:06 AM
200-2000 anything.
Well you probably won't be wrong haha
11  Economy / Speculation / Re: Predict the price for January 1, 2017 on: June 30, 2016, 08:45:42 PM
$11,113 on January 1, 2017 at 6:00 p.m. EST
12  Economy / Speculation / Re: Price predictions for after the halving on: June 29, 2016, 10:35:40 PM
Regardless of what people think, whether it be a rise or fall in price, I can guarantee you that the majority of investors and even miners will hold their coins through the halving purly out of curiosity. Also, with the publicity Bitcoin has been getting, and with these speculation threads and articles, new buyers will flock to exchanges and buy before the halving because they can't help it. It's basically gambling at this point and nobody can resist Bitcoin's mysterious volatility, especially if they're new to Bitcoin.

So I'm still a believer in a price spike  Smiley
13  Economy / Speculation / Re: Price predictions for after the halving on: June 29, 2016, 10:03:08 PM
Last halving had price go from $25 to $1250, so about 50x gain.

Now let's say price is $700 pre-halving, 50x gain is $35k. So potentially reaching a high point of $35k/Bitcoin within a year or so.


If you're right I probably won't ever have to work again  Cheesy
14  Economy / Speculation / Re: Price predictions for after the halving on: June 25, 2016, 01:34:20 PM
Well one thing is for sure; Brexit was certainly a blessing for Bitcoin!
15  Economy / Speculation / Re: Price predictions for after the halving on: June 23, 2016, 02:27:50 PM
I see what everyone is talking about with the major sell off after the halving (provided the price does surge), but I don't think that Bitcoin has hit its halving price yet. I think that first surge we saw in the last couple of weeks was 'panic buying' after heavy involvement from the Chinese market. So my thought is now that that artificial inflation is correcting (partially due to Bitfinex, DAO, and whatever other mess is happening), Bitcoin is finally set up for a halving surge. Thoughts?

(I could be horribly inaccurate but that's why I'm trying to get some outside opinions)
16  Economy / Speculation / Re: Price predictions for after the halving on: June 22, 2016, 08:58:15 PM
Thanks for the input. I've been seeing predictions ranging all over the place and was curious what you guys thought.
17  Economy / Speculation / Price predictions for after the halving on: June 22, 2016, 03:17:32 PM
I want to hear what everyone thinks the price will be after the halving happening in the next few weeks. I'm predicting at least a $1200 Bitcoin by the end of July. Thoughts?
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