Some rumorus about Bitcoin going to 10k before Dec2017... is possible?
Rumor not rumorus, and don't create a thread like this next time, you can search it here and there a lot of thread similar to this on the speculation thread. To answer your question, there is no rumors about this but purely speculation based on the uptrend movement of Bitcoin, If you will ask for the possibilities of hitting $10K, my answer is yes , it is possible, Search for the CME Bitcoin Futures and you will understand why i said that it is possible to hit $10K
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Like How can you even tell and speculate it!? It is too early to create a thread like this, Bitcoin Legalization and Bitcoin Regulation must be finalized first to all countries before we can speculate, and also don't forget the acceptance of people on that country, Government acceptance on Bitcoin and Regulating it doesn't necessarily mean that their countrymen will also accept and start using Bitcoin. We have a long way to goo, It is too early for this , i'm just being honest on my opinion.
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The image is too pixelated a.k.a too low in quality. can you post the link of that article?, and i do not really think that it is a crash after all. maybe more like correction, to correct the price of Bitcoin it needed to move in a downtrend and in no time it could go back to the uptrend movement. Well, let's all agree then that this is a crash but this Bitcoin crash incidents is not taking too long before Bitcoin can recover.
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What the hell? another fork? I really think this year will not end without this kind of news, I thought we will be having fun and holiday for Christmas. As I see the Descriptions, It is better than Bitcoin like Bitcoin Cash that is now experiencing a dip, also similar with other forked coins but over all, nothing strikes me, It's just another forked coin with hidden developers who expects that community will trust them. So No, I'll pass with this coin.
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This is too much of prediction, I don't we can get to that point. However we should at least take it on hyping it up , we should be realistic here and on what is happening right now, I don't BTC can get to that point, we have FUD persons, big businesses, big Governments who will probably let that happen
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Wow freightjoe is still here, Why he isn't already banned trolling on BITCOINforum?. Anyway There is no such solid proof that someone from NK who have a paranoid security will ever get to mine bitcoin i am referring to the northkorean slaves of kim jong un North Koreans. Maybe The North Korean Government is mining it but we don't have a solid evidence to support that claim.
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Again same thing, exchanges do have real Bitcoins with them equivalent to what users have on their representative wallets. There is constant influx/outflux on exchanges which ensures there is symmetrical cash (Bitcoin) flow on system. Which ensures in the case all users withdrawing Bitcoins, exchanges have enough to pay them all.
On coins.ph, Yes they always makes sure that there is a right flow on their exchange and they do have their own limit daily but you do not get that They have their own margin of price which give them profit and Bitcoins at the same time, including the transaction fees, so for me i do not think that they are synced or symmetrical cash/bitcoin flow on their system. They are just good at managing these exchanges but i really doubt if they have that Bitcoin reserves and Cash reserves, I believe more on trading and also the profit on Buy/Sell Margin and Transaction fees as well.
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That's quite early , Bitcoin is still infant in terms of adoption and acceptance. I think 20 more years is needed to be called Bitcoin Era, as long as their is hindrance like greedy central banks and ambitious BCH developers who keeps painting Bitcoin a bad color and most importantly the Government who finds a why to get a part of your Bitcoin. We still have a long journey before we can meet the Bitcoin Era.
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Yes, it is a bubble but it can recover, Don't mind the other people spreading FUD here but that's true Bitcoin is a bubble and always been in a bubble but the most important thing you should know is that Bitcoin can recover from these bursts and no one can set aside the face that we are already moving on $8K++ which means from the bursts and price dip on Bitcoin it always manages to recover.
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It will take a lot of time before it happen, just think how the Government oppose Bitcoin. The Point here is Bitcoin is not yet fully accepted by everyone, The idea of using Bitcoin is not yen even fully studied by the Government, regulation is not even fully implemented. This might idea might work if each country finalized the rules about Bitcoin regulation.
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the hacks might have been done with the help of employees and people who have access to inside information.
Yes it is possible, Their Business / Product is connected with money, security is a must. They deployed their business/Product without even executing security pentest? That's pretty stupid thing, for sure they do all things to ensure the security is really secure. Inside Job is possible on this scenario and i am not going to argue about that. Businesses should focus more on their security.
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