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Author Topic: 2016-12-17] 2017: The Second Era of Bitcoin Begins  (Read 451 times)
Karartma1 (OP)
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December 19, 2016, 06:35:26 PM
 #1

It looks like they are getting it: Bitcoin is the real deal. The rest is nothing!

Article
2016 has been a fascinating year, where cellular mitosis has been bitcoin's guiding model.
The different camps previously in one group or cell have split. There are those who understand bitcoin and remain in its cell, and those that do not, and who are now in their own offshoot cells, “experimenting” on branches that are essentially non-viable.
The market participants who know how everything works, those in bitcoin, understand that there can only be one bitcoin.
There has been some excellent analysis making this crystal clear, and the fundamentally transformative work being done to extend bitcoin is categorical proof that this is true.
Bitcoin is the market winner because it is the first mover and definitive transaction layer. It is immutable not only in terms of the software rules, but the single minded, rational ethos of its protectors, who will not allow any corruption, hysteria or short-term thinking to spoil or endanger the project.

Read more at the following link
http://www.coindesk.com/2017-second-era-bitcoin-begins/
Kprawn
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December 20, 2016, 05:11:06 PM
 #2

I think 2017 will definitely be the "Bitcoin Year" because scaling will most probably be a thing of the past, with SegWit/LN or a soft fork being

implemented and also Megaupload founder Kim Dotcom possibly bringing the killer application to Bitcoin. We will also see some more

anonymity, with Tumblebit? Hopefully R3 will see through Mike Hearn's BS and also come on board.  Huh

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DooMAD
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December 20, 2016, 06:02:19 PM
 #3

I think 2017 will definitely be the "Bitcoin Year" because scaling will most probably be a thing of the past, with SegWit/LN or a soft fork being

implemented and also Megaupload founder Kim Dotcom possibly bringing the killer application to Bitcoin. We will also see some more

anonymity, with Tumblebit? Hopefully R3 will see through Mike Hearn's BS and also come on board.  Huh

That all sounds very calm and sedate.  Not at all like the cryptoverse we're familiar with.   Cheesy

My prediction for 2017 is more drama, controversy and polarisation, but everything still carries on regardless, like it always does.  Expect some advancements, but not without a load of accompanying noise and arguing.  Then again, my prediction for 2016 was wrong, since I thought we'd have truly decentralised exchange via Atomic Cross Chain Transfers in Bitcoin by now.  Still waiting for that and it might be a while.   Undecided

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panju1
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December 21, 2016, 07:33:01 AM
 #4

In terms of price, the growth in 2016 can be tough to beat. For all you know, the last 10 days can be even better than what we are used to.  Smiley
I expect the block size debate to finally tone down in 2017. I also expect Bitcoin's potential to evade capital controls getting noticed by Governments like China and India, and the governments to start trying to legislate on cryptocurrencies.
Karartma1 (OP)
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December 21, 2016, 06:58:21 PM
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In terms of price, the growth in 2016 can be tough to beat. For all you know, the last 10 days can be even better than what we are used to.  Smiley
I expect the block size debate to finally tone down in 2017. I also expect Bitcoin's potential to evade capital controls getting noticed by Governments like China and India, and the governments to start trying to legislate on cryptocurrencies.


The article was not about price: it was about how the "blockchain" hype is coming to an end (finally). Some kind of blockchain based solutions (like multichain) could really be an improvement for entire IT departments but, today, a blockchain without a native digital asset on top of it is nothing more than crap.
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