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error08
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November 09, 2016, 07:38:12 AM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers) Those factors will affect the price and stability of bitcoin |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Positid
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Activity: 378
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BULL RUN until 2030
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November 09, 2016, 12:05:08 PM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers)Those factors will affect the price and stability of bitcoin Security issues is not a big problem because the network is very safe, you can tell that since we are putting our money with bitcoin. I think our big challenge is more on the adoption rate of bitcoin and I believe if we continue to support bitcoin time will come massive adoption will happen. It's a slowly but steady progress we have here. |
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AicecreaME
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November 09, 2016, 12:11:29 PM |
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My only prediction about bitcoin is that it's price would continue to go higher and higher in the future, though it might also get in some troubles but I'm sure that it is not that complicated enough to shut down the bitcoin. Bitcoin would also be the future money that we all are going to use in the near future.
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clickerz
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November 09, 2016, 12:43:18 PM |
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Security issues is not a big problem because the network is very safe, you can tell that since we are putting our money with bitcoin. I think our big challenge is more on the adoption rate of bitcoin and I believe if we continue to support bitcoin time will come massive adoption will happen. It's a slowly but steady progress we have here.
I agree with bitcoin adoption. We need more community to support bitcoin. More users means more demand and more demand is simply higher bitcoin price. But also, there are many factors affecting bitcoin price aside demands, there are also speculations. Let us do our share in promoting bitcoin. |
Open for Campaigns
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serjent05
Legendary
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Activity: 2842
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Cashback 15%
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November 09, 2016, 02:42:15 PM |
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My only prediction about bitcoin is that it's price would continue to go higher and higher in the future, though it might also get in some troubles but I'm sure that it is not that complicated enough to shut down the bitcoin. Bitcoin would also be the future money that we all are going to use in the near future.
I agree in the line that bitcoin price will increase until it meet its saturation point where it is being used by almost all internet people in the world. But I don't think that bitcoin will be the future money or will replace fiat currency because government will more likely won't allow it. The reason is that, government want to control the currency they use for the country's financial security. |
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Omega Weapon
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November 10, 2016, 02:06:03 AM |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again.  Bitcoin has a tendency to do better during holidays if you add the current uncertain economic climate I think we are going to see an even greater rise in bitcoin at the end of this year I am also sure that by the end of the year will be more expensive than Bitcoin. And in 2017, its price will also continue to grow. Therefore, it is too late to buy Bitcoin for investment It depends on what type of return on investment you want to obtain for example if you want the huge returns that happen when bitcoin was worth ten dollars then its too late for that, but as long as you want a good investment then bitcoin can be good for you. |
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apriloni
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November 10, 2016, 02:21:08 AM
Last edit: December 14, 2016, 04:02:15 PM by apriloni |
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bitcoin is going too much popular and famous and i am sure bitcoin will be an international and i hope we can be use bitcoin in local shops for anything to buy and we can be use it like as payment method in the future and maximum people are using bitcoin as investment and they getting a good profit from bitcoin with regularly.
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el kaka22
Legendary
Offline
Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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November 10, 2016, 07:31:51 AM |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again. Bitcoin has a tendency to do better during holidays if you add the current uncertain economic climate I think we are going to see an even greater rise in bitcoin at the end of this year I am also sure that by the end of the year will be more expensive than Bitcoin. And in 2017, its price will also continue to grow. Therefore, it is too late to buy Bitcoin for investment It depends on what type of return on investment you want to obtain for example if you want the huge returns that happen when bitcoin was worth ten dollars then its too late for that, but as long as you want a good investment then bitcoin can be good for you. I never agree with the statements like it is too late to invest into bitcoin for huge returns. We all must remember one interesting fact : we are all still in early adoption phase of bitcoin ecosystem, yes still bitcoin is mineable and it is yet to be adopted by very big market giants. So, bitcoin may fly in price levels from here too. |
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bamboylee
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November 10, 2016, 08:44:39 AM |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again. We cannot be sure about that. Past performance cannot guarantee future performance of bitcoin. And with bitcoin, just one bad news can bring down the price at a very low level. The most we can do is enjoy a high price while it last. |
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uname
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November 10, 2016, 09:06:57 AM |
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My only prediction about bitcoin is that it's price would continue to go higher and higher in the future, though it might also get in some troubles but I'm sure that it is not that complicated enough to shut down the bitcoin. Bitcoin would also be the future money that we all are going to use in the near future.
I think the prices will not always go up in the future would be up and down, but in a certain period of time such as 10 years to come I'm sure the price will be higher than 10 years earlier |
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Pursuer
Legendary
Offline
Activity: 1638
Merit: 1163
Where is my ring of blades...
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November 10, 2016, 10:36:08 AM |
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My only prediction about bitcoin is that it's price would continue to go higher and higher in the future, though it might also get in some troubles but I'm sure that it is not that complicated enough to shut down the bitcoin. Bitcoin would also be the future money that we all are going to use in the near future.
I think the prices will not always go up in the future would be up and down, but in a certain period of time such as 10 years to come I'm sure the price will be higher than 10 years earlier the ups and downs will happen always and that is not only limited to bitcoin, it is happening to all the markets out there. as long as you are buying and selling anything its price will go up and down!! but the important thing to look at is the overall and long term changes. so for example if the price has gone up in 3 months it means it is doing good. and for bitcoin this has been true for over a year now. |
Only Bitcoin
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danherbias07
Legendary
 Online
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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November 10, 2016, 10:42:57 AM |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again. We cannot be sure about that. Past performance cannot guarantee future performance of bitcoin. And with bitcoin, just one bad news can bring down the price at a very low level. The most we can do is enjoy a high price while it last. You are right about that but still it goes back to its price. Bitfinex fall was really a large quantity of bitcoin that was lost and a lot are disappointed with it. But look at the value right now. It is still in the peak and it is just my opinion though. |
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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November 10, 2016, 01:59:51 PM |
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Well it does look good seeing it grew at the $700 to 750 range from the 650 to 700. It will be more like this happening in December seeing the holidays coming and many might use their coin for buying gifts.
If I am not mistaken, last year, when the holidays enter the price start to climb until January. So I am thinking that we will be having a happy holiday this time. Maybe we will see the same price hike just like last year if it repeats again. We cannot be sure about that. Past performance cannot guarantee future performance of bitcoin. And with bitcoin, just one bad news can bring down the price at a very low level. The most we can do is enjoy a high price while it last. You are right about that but still it goes back to its price. Bitfinex fall was really a large quantity of bitcoin that was lost and a lot are disappointed with it. But look at the value right now. It is still in the peak and it is just my opinion though. what happen was a blessing in disguise as we are able to buy cheap bitcoins. And now we are back again from where the price falls. The price is stable for the moment but it will surely rise in the coming days, we are just preparing for a big boom and hopefully we can see $1,000 before the end of the year. |
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Monetizer
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November 10, 2016, 02:06:10 PM |
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I predict Bitcoin will remain pretty stable (For BTC (As in +- 40%)) for the next couple years before it either declines in the place of a newer Crypto or shoots to the moon.
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hawkins
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November 10, 2016, 02:36:51 PM |
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I predict Bitcoin will remain pretty stable (For BTC (As in +- 40%)) for the next couple years before it either declines in the place of a newer Crypto or shoots to the moon.
I also think that soon the price of bitcoin will be stable. however, I predict it happened in the middle of the month in the year 2017. I also predict that the price of bitcoin will rise and fall at the end of 2016 and beginning of 2017, I felt bring bitcoin prices above $ 1000 will be among the |
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ariesjia
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November 10, 2016, 02:57:31 PM |
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I predict Bitcoin will remain pretty stable (For BTC (As in +- 40%)) for the next couple years before it either declines in the place of a newer Crypto or shoots to the moon.
I also think that soon the price of bitcoin will be stable. however, I predict it happened in the middle of the month in the year 2017. I also predict that the price of bitcoin will rise and fall at the end of 2016 and beginning of 2017, I felt bring bitcoin prices above $ 1000 will be among the If price reaches to $1k at the end of the year then many people will start selling their coins which can again bring the price to lower level but I don't think that $1k price will be achieved in this year and to see that price we need to wait for a long time but I have a strong feeling that price will surely reach to $800 in this year. |
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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November 10, 2016, 03:04:34 PM |
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I think bitcoins will be come the FUTURE CURRENCY. Since everything is getting electronized, I'm pretty sure that bitcoin will be a viable money source
I think it will not be a the future currency in the world and since everything will be electronized in the future maybe bitcoin will be the number payment in shop only like paypal and bitcoin can use really itself. For me its really good when bitcoin had atm machine in the future. |
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hasiramasenju
Legendary
Offline
Activity: 980
Merit: 1000
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November 10, 2016, 03:13:48 PM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers) Those factors will affect the price and stability of bitcoin security issues always be makes bitcoin price unsteady and dropped and it does happened several times because if there is sites who got hack then people will start to selling their bitcoin then the price suddenly will dropped faster because panic sell and latest issue bitfinex has been makes it but fortunately the price step by step rise up again |
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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November 10, 2016, 04:05:53 PM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers) Those factors will affect the price and stability of bitcoin security issues always be makes bitcoin price unsteady and dropped and it does happened several times because if there is sites who got hack then people will start to selling their bitcoin then the price suddenly will dropped faster because panic sell and latest issue bitfinex has been makes it but fortunately the price step by step rise up again All the security breaches so far exchanges faced were due to their unfaithful employees or somebody such that. Bitcoin's core security is never got compromised still due to business influences bitcoin prices got affected by a private entity problems. When we are having more number of exchanges and wallet service providers, one's problem will not affect bitcoin prices in near future. So, mtgox kind of problems will not occur any more, I believe strongly. |
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genos
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November 12, 2016, 05:36:17 AM |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers) Those factors will affect the price and stability of bitcoin security issues always be makes bitcoin price unsteady and dropped and it does happened several times because if there is sites who got hack then people will start to selling their bitcoin then the price suddenly will dropped faster because panic sell and latest issue bitfinex has been makes it but fortunately the price step by step rise up again There are always some of obstacle in any journey. I think in the future bitcoin will get problem if the time of transaction is still not going faster. But there is some positive thing in the future of bitcoin. It seems after new president of america was choosed bitcoin price will grow up. I think the security is good enough, so I do not worry about it. |
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