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Author Topic: Tell me your predictions about Bitcoin  (Read 234778 times)
Bepesand
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July 24, 2016, 06:14:32 PM
 #601

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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2legit2
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July 24, 2016, 06:37:01 PM
 #602

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me




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crairezx20
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July 24, 2016, 06:44:12 PM
 #603

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me
Yeah we dont know what will be happen for the price of bitcoin also why do you know that the block size will higher?
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July 24, 2016, 06:47:26 PM
 #604

A vast majority of Bitcoin's prices can be derived from energy cost via mining and speculative investment.The most recent rise has been driven entirely by the halving of the mining algorithm, and it will follow a similar trend. Bitcoin will continue this boom-bust cycle until it loses its monopoly on the speculative market.

Altcoin markets give a good testbed for comparing various mining groups, and they follow identical trends but with different variables.
jostorres
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July 24, 2016, 07:21:03 PM
 #605

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
i hope that you are right about it though the price is unpredictable right now and i think anything might happen about it, i hope that it will make money for me
I agree only in short-term, we will be unable to predict accurately about bitcoin price levels. But in long term I am pretty sure to predict bitcoin prices somewhat accurately. Because, based on the new business adoption trends and how many new people are getting adopted into bitcoin ecosystem, we can predict the bitcoin prices. It would be around $2000 levels by end of this year.

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abugseuf
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July 24, 2016, 08:04:52 PM
 #606

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.
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July 24, 2016, 10:01:39 PM
 #607

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.
soros017
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July 25, 2016, 12:33:56 AM
 #608

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.
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July 25, 2016, 01:16:23 AM
 #609

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.
Exactly, because bitcoin will not grow without the trust of the users and what makes the price grow is the demand of the users. When huge volume of users will adopt we can always predict that the price will also be affected and it will increase eventually and that would be the time when we can get the worth of our investments.

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sobsitesearch
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July 25, 2016, 08:10:45 AM
 #610

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.
Exactly, because bitcoin will not grow without the trust of the users and what makes the price grow is the demand of the users. When huge volume of users will adopt we can always predict that the price will also be affected and it will increase eventually and that would be the time when we can get the worth of our investments.
That is correct if there is a new bitcoin investor the demand will increase and also the price will go high also, then i think if there is a massive adoption also it has a huge increase of its price in the near future.
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July 25, 2016, 08:10:54 AM
 #611

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.
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July 25, 2016, 08:55:32 AM
 #612

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?
Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles
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July 25, 2016, 10:35:34 AM
 #613

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?
Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles

That is possible. More authoritative means power. We can only achieve that if society will be with us. One support could be its money transfer which have a low transaction fee. We could create some good impact through that. A lot of people sends money for different reasons.

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July 25, 2016, 12:07:36 PM
 #614

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?
Bitcoin can challenge usd dominance in international trade and that could cause US to create obstacles for bitcoin.The best think about bitcoin is it is people's currency so it can hopefully survive all obstacles

That is possible. More authoritative means power. We can only achieve that if society will be with us. One support could be its money transfer which have a low transaction fee. We could create some good impact through that. A lot of people sends money for different reasons.
We can attract society to be on our side but we will never get government's side when it comes to what we want. They are our #1 opponent against bitcoin's progress.
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July 25, 2016, 12:18:20 PM
 #615

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.

The time to confirm transaction depends on the fees. So if you pay higher fees you transaction will be picked up much faster.

Compared to bank transfers which take 1 day, bitcoin transactions with low fees are still processed within 1 hours. So not bad compared to banks.
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July 25, 2016, 12:52:48 PM
 #616

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
I think we've been through halving. as predicted by many that when halving occurs and when the block is reduced, the bitcoin prices will rise. but as you can see now no change in price. even prior to halving higher price than now (after halving)
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July 25, 2016, 02:27:40 PM
 #617

The bitcoin price will double in the next 12 months if the block chain size is doubled to 2MB or even higher.
I think we've been through halving. as predicted by many that when halving occurs and when the block is reduced, the bitcoin prices will rise. but as you can see now no change in price. even prior to halving higher price than now (after halving)
That is just normal and now since the halving was done it is the waiting game already. Those who can wait will surely see the price increase and those who cannot wait are free to sell their bitcoins at a losing price. Which would you choose my friend?

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July 25, 2016, 03:13:08 PM
 #618

i think bitcoin is will be the number one crypto currency of the world. and a time will come when no one will use any other currency except bitcoin. i thin the price of bitcoin is going to cross the 1500USD price in near future.

Bitcoin can grow big, very big but in the end it is about the users, if they decide to go and trust bitcoin, the true potential of bitcoin will come.
And with that big companies will be forced to accept bitcoin.
Exactly, because bitcoin will not grow without the trust of the users and what makes the price grow is the demand of the users. When huge volume of users will adopt we can always predict that the price will also be affected and it will increase eventually and that would be the time when we can get the worth of our investments.
Well, agree to disagree. Not only demand of users is what we need for the price to grow, it is also the supply in it. If the supply is cut or being hold for most holders, then there will be no circulation that will happen on the market.
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July 25, 2016, 03:23:57 PM
 #619

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.

The time to confirm transaction depends on the fees. So if you pay higher fees you transaction will be picked up much faster.

Compared to bank transfers which take 1 day, bitcoin transactions with low fees are still processed within 1 hours. So not bad compared to banks.

that's true, the higher fee the faster confirmation, for local transaction and same bank i suggest to use local bank transfer than bitcoin, because local bank give 0% feee to transfer same bank and we don't need 1 confirmation because the transaction will be confirmed in 1seconds.
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July 25, 2016, 11:07:23 PM
 #620

The transactions are fast and the platform stable.
There is a lot of adoption to be achieved, great future ahead imo.

The transaction confirmation time is too long at the moment. It is giving many users very bad experience.
I think in the future where blockhalving already happened several times and circumstances have changed for bitcoin be better again. bitcoin transaction probably will turn out to be even faster it's just my prediction. because I do not quite understand how to cope the long time confirmation?


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