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Author Topic: Tell me your predictions about Bitcoin  (Read 234779 times)
youdacapt
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March 06, 2017, 03:21:07 PM
 #1701

I want to ask you, what will happen in five days longer if ETF is not approved by SEC ?

I consider current bitcoin price increase is a positive belief of public to wait for the results on March 11 later. I think if the result is not approved, bitcoin will be back down continuously as in january and will also greatly affect popularity of American elected president.
DevelopFI
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March 06, 2017, 03:26:58 PM
 #1702

ETF approved - $2000-$3000 in the short term. Continues to clim as more and more money comes in.
ETF declined - $800 within a week. Slow climb from there on until the next hype bubbl

Either way, in the long term BTC has everything it needs to reach $10k so you keep HODLing.
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March 06, 2017, 11:23:54 PM
 #1703

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 will always be the mother of all cryptocurrecies, and king of the internet online in terms of financials aspects. In Spite of so many circumstances the bitcoin faced it before, now the the value is like a sky rocket going to the moon. Meaning most of the critics in bitcoin didn't succeed to destroy it. Because many bitcoin supporters rise up even in business industry.
yes i also agree with you that bitcoin will remain of the most popular currency of the world as it is in the present time. because people are accepting bitcoin for different purposes, some people are doing this for trading some for investment and some for using it as fiat.

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barabarian1
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March 06, 2017, 11:42:42 PM
 #1704

ETF approved - $2000-$3000 in the short term. Continues to clim as more and more money comes in.
ETF declined - $800 within a week. Slow climb from there on until the next hype bubbl

Either way, in the long term BTC has everything it needs to reach $10k so you keep HODLing.

yes i thing same, but i still holding BTC for long maybe i want to sell on $5k/$10k on next year (maybe reach)

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agamasrori
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March 07, 2017, 02:13:51 AM
 #1705

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.


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X-ray
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March 07, 2017, 04:10:09 AM
 #1706

ETF approved - $2000-$3000 in the short term. Continues to clim as more and more money comes in.
ETF declined - $800 within a week. Slow climb from there on until the next hype bubbl

Either way, in the long term BTC has everything it needs to reach $10k so you keep HODLing.
It's about hundred million dollar and not about billion dollars will go to the bitcoin. And $2000 - $3000 really impossible for the bitcoin to reach that range as soon as possible. The declined of ETF will bring the price of bitcoin into above $1000 but not for the below $1000.

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freedomgo
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March 07, 2017, 07:40:11 AM
 #1707

ETF approved - $2000-$3000 in the short term. Continues to clim as more and more money comes in.
ETF declined - $800 within a week. Slow climb from there on until the next hype bubbl

Either way, in the long term BTC has everything it needs to reach $10k so you keep HODLing.
It's about hundred million dollar and not about billion dollars will go to the bitcoin. And $2000 - $3000 really impossible for the bitcoin to reach that range as soon as possible. The declined of ETF will bring the price of bitcoin into above $1000 but not for the below $1000.
Whatever the outcome it will still result positively but it only depends on us on how we will react that situation. If it will be disapproved, weak hands will dump, hence smart people will buy cheap bitcoins as a result. Once there are still people who supports bitcoin, there's no way it will depreciate its value, it will still rise but in the right time, that is why patience is a virtue.

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genny2kuk
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March 07, 2017, 07:43:11 AM
 #1708

Bitcoin is de facto international currency for crypto. It has carved a niche for itself. And I see bitcoin as a protocol riding the saddle for a long time to come

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March 07, 2017, 01:07:14 PM
 #1709

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.


It's more realistic to consider the 1500 price and I think we can hit that amount soon. Though the 10k is I think a bit stretching it and though it may be possible, it may take more than 5 to 8 years before we can go there if we can even go there. I'm not too optimistic but hey if it does reach that amount then good for all of us btc users

 
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March 07, 2017, 01:27:05 PM
 #1710

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.


It's more realistic to consider the 1500 price and I think we can hit that amount soon. Though the 10k is I think a bit stretching it and though it may be possible, it may take more than 5 to 8 years before we can go there if we can even go there. I'm not too optimistic but hey if it does reach that amount then good for all of us btc users
I think it's price is unlikely to happen even in the next few years. what will happen to the dollar or the world when bitcoin has a price 10000 times higher than the dollar ?
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March 07, 2017, 01:58:24 PM
 #1711

Obstacles? I guess is just the illegal actions that people doing, they use bitcoin for their illegal transaction, so it is the bad image on bitcoin.
Other feature of bitcoin is perfectly good at the moment.
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March 07, 2017, 02:22:16 PM
 #1712

My prediction of bitcoin this month is the price will reach faster to 2kusd , eventhough sometime price will fluctuate like decreasing minimal amounts but suddenly after few minutes it rise up again. Good investments will be for bitcoin this year and for next coming months and more people will be using this kind of currency specially those who really needed extra income online. Hopefully this year the whole world must be adopting this kind of digital currency which known to be anonymous and safe to handle.
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March 07, 2017, 07:04:58 PM
 #1713

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.

yes that is very right that it will take a lot of time to reach to that level so soon but still i will like to say that the price of bitcoin is continuously because still it has a lot of potential to increase.
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March 07, 2017, 08:24:53 PM
 #1714

My forecast is very optimistic - I believe that the price of bitcoin this year will reach $ 2000. This may happen at the end of this year. Bitcoin has all the prerequisites for this
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March 07, 2017, 08:43:12 PM
 #1715

Obstacles? I guess is just the illegal actions that people doing, they use bitcoin for their illegal transaction, so it is the bad image on bitcoin.
Other feature of bitcoin is perfectly good at the moment.

It shouldn't put a bad image on Bitcoin when people abuse Bitcoin for their own bad purposes. It's funny how people blame Bitcoin for abuse by people, but completely ignore how people abuse fiat currencies to finance drug transactions, etc. If people blame Bitcoin, then they should blame fiat as well, but that doesn't happen. Same basically goes up when people lose with gambling. They blame Bitcoin when they lose big time, but when they lose with fiat it's completely different, lol. Weird people.
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March 07, 2017, 09:00:34 PM
 #1716

Obstacles? I guess is just the illegal actions that people doing, they use bitcoin for their illegal transaction, so it is the bad image on bitcoin.
Other feature of bitcoin is perfectly good at the moment.

It shouldn't put a bad image on Bitcoin when people abuse Bitcoin for their own bad purposes. It's funny how people blame Bitcoin for abuse by people, but completely ignore how people abuse fiat currencies to finance drug transactions, etc. If people blame Bitcoin, then they should blame fiat as well, but that doesn't happen. Same basically goes up when people lose with gambling. They blame Bitcoin when they lose big time, but when they lose with fiat it's completely different, lol. Weird people.
You do not need to blame bitcoin. Any currency can be accused of illegal use to buy prohibited goods. But if you already talk about Bitcoin by the committee, then due to the fact that the crypto currency has not yet been recognized unanimously throughout the world, that's why there will still be problems.
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March 07, 2017, 11:18:23 PM
 #1717

Obstacles? I guess is just the illegal actions that people doing, they use bitcoin for their illegal transaction, so it is the bad image on bitcoin.
Other feature of bitcoin is perfectly good at the moment.

It shouldn't put a bad image on Bitcoin when people abuse Bitcoin for their own bad purposes. It's funny how people blame Bitcoin for abuse by people, but completely ignore how people abuse fiat currencies to finance drug transactions, etc. If people blame Bitcoin, then they should blame fiat as well, but that doesn't happen. Same basically goes up when people lose with gambling. They blame Bitcoin when they lose big time, but when they lose with fiat it's completely different, lol. Weird people.
You do not need to blame bitcoin. Any currency can be accused of illegal use to buy prohibited goods. But if you already talk about Bitcoin by the committee, then due to the fact that the crypto currency has not yet been recognized unanimously throughout the world, that's why there will still be problems.

Crypto currencies being new doesn't and shouldn't matter. Bitcoin (like fiat, gold, and basically anything with value) is nothing more than a tool that allows people to use it in various ways. That won't change if we are 10 or 20 years away from now. Saying that Bitcoin is new is just an excuse. I know how much harm is being done with fiat, but do I blame fiat for that? Nope. I blame the people that commit the crime, and not the tool.
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March 08, 2017, 09:35:36 AM
 #1718

Obstacles? I guess is just the illegal actions that people doing, they use bitcoin for their illegal transaction, so it is the bad image on bitcoin.
Other feature of bitcoin is perfectly good at the moment.

It shouldn't put a bad image on Bitcoin when people abuse Bitcoin for their own bad purposes. It's funny how people blame Bitcoin for abuse by people, but completely ignore how people abuse fiat currencies to finance drug transactions, etc. If people blame Bitcoin, then they should blame fiat as well, but that doesn't happen. Same basically goes up when people lose with gambling. They blame Bitcoin when they lose big time, but when they lose with fiat it's completely different, lol. Weird people.
You do not need to blame bitcoin. Any currency can be accused of illegal use to buy prohibited goods. But if you already talk about Bitcoin by the committee, then due to the fact that the crypto currency has not yet been recognized unanimously throughout the world, that's why there will still be problems.

Crypto currencies being new doesn't and shouldn't matter. Bitcoin (like fiat, gold, and basically anything with value) is nothing more than a tool that allows people to use it in various ways. That won't change if we are 10 or 20 years away from now. Saying that Bitcoin is new is just an excuse. I know how much harm is being done with fiat, but do I blame fiat for that? Nope. I blame the people that commit the crime, and not the tool

I somewhat disagree with your stance

The fact that Bitcoin is just a tool doesn't mean that it cannot be new or that this fact is irrelevant and inconsequential. Bitcoin is not just another fiat out there that got introduced in some obscure country or territory in the image and likeness of another firmly established currency like the US dollar. It is a whole new concept, and it being new does matter a lot. I could easily defend this point, but I just send you to history. The road to universal adoption of fiat money itself across the world was far from smooth but rather rough and bumpy. A few fiat pioneers did end up in jail, though the failure of their attempts at creating fiat and setting up currency circulation had not been their fault at large. In fact, it took many decades (if not a whole century) to establish the rules for setting up and maintaining fiat money circulation

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March 08, 2017, 10:29:11 AM
 #1719

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.

You never know.Even plus $1k was looking far few months back.Bitcoin price is highly market sensitive.Any positive news or expected favourable event could trigger price increase.
I guess bitcoin will be $2k this year itself and in next 5-7 years $10k.

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March 08, 2017, 10:33:32 AM
 #1720

Some people are saying that it wil go to 10.000 dollars per bitcoin by 2020, but i do nit believe that it will get such a hugh amount. More likely 1500$+ per bitcoin.
I think bitcoin still took a long time to reach the price of $ 10,000. I believe bitcoin will reach that level, as long as more and more people using bitcoin then deflation will make bitcoin prices continue to rise.

You never know.Even plus $1k was looking far few months back.Bitcoin price is highly market sensitive.Any positive news or expected favourable event could trigger price increase.
I guess bitcoin will be $2k this year itself and in next 5-7 years $10k.
I do not think it will reach 10,000$ level in that year, it is 3 years from now which will be a fast development for an un-circulated coin. From the price right now you won't see such kind of development because it is not normal to see a 1,000$ coin become 10,000$ in the next 3 years. Also I don't think it will reach to that kind of level because the government will take some action now because it will provide unjust riches to people who have accumulated it which won't be taxable.
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