I think by 2020 about 20 to 30 per cent of people on Earth will own Bitcoin and start using and trading with it as well
that is an insanely high percentage to happen in just a few years time. if we can see 10% of the world population use bitcoin at some point in the future, then it can be seen as a great achievement. it will take plenty of years before we come even close to the 10% number. 10% stands for more than 700 million peoples. |
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I call $10k by 2016, but if we keep rising 10 times per year it will be a lot sooner than that. Even so, I locked in my prediction here: 1 uᴉoɔʇᴉq will be worth at least $10,000 by 12/31/2016 http://betsofbitco.in/item?id=1532Its 2016 and it looks like OP was too hopeful. I say 2020. after the halvings occur. back then in 2013 when this thread was created the price was around $330. in that same month the price reached an all time high of +$1100!! op's feeling that the price would rise significantly was right, but not as much as he was thinking. if you are looking at how easy the price reached +$1100 then a lot people would have a fantasy about seeing the price reach $10,000. the sky was the limit back then. |
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Block size debate will conviently be resolved around the block halving so whales can accumulate more and keep the price low, once resolved the price will shoot up, probably see $3500 by 2017
I also think the block size problem hold down the price quite a lot. If that is resolved, the price could double. the block size drama has indeed kept the price lower, but i really think that if there was no drama about increasing the block size, the price would still be below the $500 price level. maybe that we would sit in the range of $460-$470, but not much higher. |
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It would be very nice to see -april fools joke-as one good dump and fast recovering of price.
This would be best prank ever..But please let it go to 100$. We had too much of stagnation, it is boring.
It did reach lows of $415, but now it seems to be rising steadily. Nobody is going to spend money and dump bitcoins just for an April fools' prank. The price is sitting within $415 to $420 for a long time with very minor fluctuations. So this time price is not going up or down just sustaining within a limit. Yeah its a good sign of a stable price so there wont be a panic in the market,its been like this for several days and that is good. no matter how calm and stable the current market may look, it can change in a matter of minutes when a whale starts with unloading huge loads of coins. people will panic and start selling as result. and on top of that, stop loss orders may get triggered to make the price tank even further. |
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I think that we'll hit 1200-2000$ after halving. Mining will be still profitable for miners with electricity bill under 0.08$/kWh - You will mine less bitcoins but +- the same amount of $ as on price 380-450$  My prediction: Price will hit 2500+ $ after halving and stable price will be around 1500$. i can sure halving will not giving too much affect,halving just will make the price go up 2x and i dont think more than it,the rest depend on another factor Of course it wont hold. Because it is always changing because it is a currency. And that is quite risky. You never know what can happen later in the future. But we all hope that it will rise in the future. I can safely predict that in the next few months, the price of bitcoin will be more than $400 or even $420. Hope your prediction comes true. Bitcoin as a evolving currency is been around $420 for a long time. If it reaches $450 can see lot people selling their coins. a lot people do trading to get around $20-$30 profit per coin. they take the risk that they may end up buying back their coins for a premium. i wouldn't want to risk that only for $20-$30 profit. and yes, you are probably right with saying that there will be a lot sell orders popping up once the price reaches $450. it will most likely push the price back to current levels. as soon as the price seems to go up, it gets dumped down again. we have seen this happen quite a lot. |
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Actually bitcoin was born to change some factors in the current money system. Transactions, payments, anonymity etc.
Price wasn't a priority then. But because it became really boom, price now are main reason why people are here in bitcoin world.
Correct now people are only interested in its price as everyone wants that it should reach to the moon one day so that they can be rich by selling at the higher price. it's normal that the majority of the people are only interested in making profits. they see bitcoin as some sort of get rich quick tool. nowadays it isn't like that anymore. if you wanted to get rich quick, you should have bought thousands of bitcoins for just a few cents per coin. the people that had the great chance to enter the market at these prices are now happy millionaires. |
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The price is still over $400. So it is within the recent trading range. So I think the price is not down yet.
It not going to fall much more. I think it will continue rising slowly till we creap up on 500. Then its go time, we must break through or we fall to the death. If we really dont make the 500$ dollar barrier with the coming halving we are really in big trouble,we need more people to know bitcoin so that we can break that barrier. We are not that down with Bitcoin, the value is stable now on this moment so that is very good, it is better than it is going down. We also know that the halving is coming to use, and that can be very good if it will rise after the halving. That is right. The price is still around $420. If the price drops to $3xx, I would say the price is down. There a lot of issues right now with bitcoin and it needs to be fixed before the halving comes,just like the slow confirmation that is happening. what issues are you talking about? there are no issues at all. slow confirmations can have plenty of reasons. such as a low included fee, a small transaction that is a combination of several very low inputs. or it's just bad luck. i agree that some times confirmations can be faster, but confirmation times can't and won't be fixed as it isn't broken. this is bitcoin. |
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I have sold half of my coin at 455 mark today, is there anyone who have also sold on this range today.
I think this sudden rise seems to be pure pump rather than anything. Lets see till where it will reach. What is your prediction for this pump ?
Well i, like most of bitcoin users, we won't sell bitcoins now because we will wait when price will rise to 600$ atleast, some will wait till it will rise to 1000$, and i think this was just a small pump so who will sell now, will probably buy later for less not many people can hold the coins that they bought at todays prices till it reaches the $1000 price level. many people can't keep holding when they see they made around $100 profit per coin. the feeling to sell their coins will get stronger and stronger. and when they see the price drops around $10, then they will directly secure profits. only a very few people can hold strong till $1000 and higher. |
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the future of bitcoin is definitely bright right now as more companies are getting interested in it right now, i hope there will be a big increase
also i think that more people will start using it more often and more shops will accept it
For sure in the years to come more and more people and companies will use bitcoin and adapt them. We just need to wait for the developers to fixed some problems with the bottle neck that is happening so that more will use bitcoin. The future for Bitcoin is really unpredictable and that can be very bad, and it will be so nice if the value of Bitcoin can rise in the future so we can have some profit. I also think that there will be more stores that is going to accept Bitcoin more and that Bitcoin is also more use, But lets see and wait. Bitcoin is like a walking zombie its very unpredictable and the price is rising and im very happy if i see it go to 600$ per 1 btc as experts predicts it. Bitcoin is the future e currency and it will be boom and block bustered for the years passing. And many companies use it for mode of payments. bitcoin is still a relatively new currency. especially if you look at how many people are using/having bitcoins. it will cost years before bitcoin gets noticed as real currency by people other than tech freaks. this shows that there is plenty of room for potential growth in the future. |
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I would buy bitcoins these days because the bitcoin has a very good future a head this year with the halving in our eye sight.
Selling would not be smart and I even think you will regret it later due to the events that are upcoming.
back in 2014 i made the mistake to sell because i didn't have enough patience. later i bought back the coins i sold because i wasn't very happy with my decision to sell. i had to buy back at a higher price to get rid of my bad feeling. that's why i don't sell for small profits anymore. |
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The halving will have affect on the halving with the price increase, the bitcoin will rise in his price without any doubts.
The halving is so strong, and the fact is also that a lot of people are investing these days so that is also a good sign.
Overall I think the halving will let the price increase with some little numbers.
well, plenty of people expect the price to go up significantly due to the upcoming block halving, which might push the price higher before the halving. but they mostly plan to sell it directly after the halving to secure profits. which basically means that after the block halving the price will see some heavy dumpings. |
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When I introduce uᴉoɔʇᴉq to friends, they are not interested. They think it is supported by governments, so it has no value.
lol, bitcoin is the extreme opposite of the governments. have you told them that the governments are actually out to slow down bitcoin's growth by throwing in ridiculous policies to make it less easy for people to use and trade bitcoin. if you explain them everything in easy to understand language, then i am sure that they will understand that bitcoin is meant to bring us freedom and make us own our own money. |
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People lacks patience and big whales are taking advantage of it by buying at lower price and selling it high, and if you are treating uᴉoɔʇᴉq as a investment then you should wait for certain period of time to expect good returns from it.
I think we should have long term view of the uᴉoɔʇᴉq. If we hold it for 10-20 years, the return will be high. 10-20 years of holding. Goodluck for it. The returns here is really high after 10-20 years but why should wait for that long duration of time if you can reached the possible earnings of that 10-20 years today. please tell me how some one would ever earn the potetial 10-20 years profit in just a single day. that doesn't make much sense to me unless i didn't exactly understand your point. I think he mean for today is not on a single day but rather this period. And yes I agree to him. I can make more earnings if I will rotate my coins thru exchange rather than to wait for 10 or 20 years. that might indeed explain what he meant. i personally am holding 80% of my coins for plenty of years because i believe in the future of bitcoin. the other 20% i have is purely for trading purposes. that allows me to have fun with trading and make profit as well. |
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It will reach that price after the halving and when more adaption has been made by companies and more users uses uᴉoɔʇᴉq.
The 500$ uᴉoɔʇᴉq price is really not that far from the current market and will be reach before the halving. It is really difficult to predict that when uᴉoɔʇᴉq will achieve that level as it is taking too long to reach there so I think we will have to wait more to reach there. As quoted its very difficult to predict when we will reach $500. The major reason behind this is the recent days price fluctuations which is very low. If we have seen some high price variations often, we could have reached $500 by the mid of running month. do you remember how long it took us to reach $300 in 2015? everytime we were close to touching $300 the price was dumped down again, and it happened several times. i think currently we're in the exact same phase. one thing is sure, we will need a lot patience to see the price touch $500 again. |
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People lacks patience and big whales are taking advantage of it by buying at lower price and selling it high, and if you are treating uᴉoɔʇᴉq as a investment then you should wait for certain period of time to expect good returns from it.
I think we should have long term view of the uᴉoɔʇᴉq. If we hold it for 10-20 years, the return will be high. 10-20 years of holding. Goodluck for it. The returns here is really high after 10-20 years but why should wait for that long duration of time if you can reached the possible earnings of that 10-20 years today. please tell me how some one would ever earn the potetial 10-20 years profit in just a single day. that doesn't make much sense to me unless i didn't exactly understand your point. |
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My biggest problem is when i need to travel to some place that no access for internet, and i need to open my uᴉoɔʇᴉq online wallet. Yeah, internet is the biggest problem for me.
you can also buy a cheap simcard with some data on it, just to have access to your mobile wallet. that's what i do when i'm on vacaction if there are no wifi spots. but then again, even if there are wifi spots, it's not really safe to use them in combination with your wallet as the network can be messed with. |
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Currently I am holding money but only for a few months. I will not invest on long term basis. No matter what the price will, I will spend my moondollars then. I am actually saving for spending .  Better invest it in uᴉoɔʇᴉq.. even without halving, you would still profit.. price is volatile, it moves up and down from time to time, you will earn more if you go with that flow... the long term price target is much higher than todays price levels, you only need to have a few years patience to see what the price will do. that's why you should buy uᴉoɔʇᴉq and keep holding it for a few years at mininum. beside that you can buy yourself some moondollars purely for trading. that allows you to keep yourself trading and earn a few extra bits. i do the same. i have coins in my cold wallet that i won't sell in the coming years, and beside that i also have coins to trade with for extra profit. |
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the only way uᴉoɔʇᴉq can really rise is when more merchants get on board and start accepting uᴉoɔʇᴉq.
this will cause more people buying uᴉoɔʇᴉq and spending them on these merchants and eventually everybody will find out about uᴉoɔʇᴉq.
Having more merchants on board is always a nice thing, but we need to have more average joes to adopt uᴉoɔʇᴉq. Even if there are plenty of new merchants accepting uᴉoɔʇᴉq today, without users willing to spend their coins it won't have an impact at all. exactly! having more merchants accepting bitcoin won't bring any growth to the bitcoin eco system. we must show that there is demand for merchants that accept bitcoin. if they see we are spending our coins, it will give them a good reason to start accepting bitcoin as form of payment. the more we are spending out coins, the more willing merchants are to embrace bitcoin. |
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why can't you never say something positive about bitcoin. it's always bad and you always say bitcoin is broken and so on. it's getting pathetic, really.
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Yes I do hold them for a price increase, although its the question if it is gonna rise by the bitcoin itself.
Most likely it will rise but there is still a chance that this will not happen of course because the bitcoin itself is unpredictable.
I think a lot of people are holding them for a price increase because it can be pretty profitable of course.
as long as you see the real potential of bitcoin, then you can safely keep holding your coins for the long term. i do exactly this. i invest in bitcoin because it allows me to make some profits while trading, and i invest in bitcoin because i want to keep holding a large portion of my coins for plenty of years, because i believe i will be rewarded for my trust, patience and dedication. |
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