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Author Topic: 2016, The Year of Bitcoin?  (Read 169266 times)
MadAlpha (OP)
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August 26, 2015, 11:43:19 AM
 #1

The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

Will do small programming tasks cheaply in exchange for BTC. Check out my thread or PM me!
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August 26, 2015, 12:00:08 PM
 #2

The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

I hope what you predict is correct. I do hope to see Bitcoin being mainstreamed.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

I agree. I will go with the majority since the original and the XT version is somewhat similar. I will have to consider if there's another forks.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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August 26, 2015, 12:44:43 PM
 #3

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
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August 26, 2015, 12:55:38 PM
 #4

I hope so, it can't be any worse than this can it? Gemini should open for trading & the halving is next summer so we have hope. It's been soul destroying for the last 18 months, literally awful.

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OmegaStarScream
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August 26, 2015, 12:59:08 PM
 #5

If we bypass the BitcoinXT crap and war then yes probably 2016 will be the year of bitcoin , if we don't it may kill Bitcoin instead of making it mainstream  , Halving block reward should give the price a boost aswell on July .
But as I said the huge problem is on the BitcoinXT it makes people and make investors stay away from it and this could preventt us from going Mainstream .

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rinhunter
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August 26, 2015, 01:06:27 PM
 #6

I hope you are correct predictions. but I was a little hesitant with bitcoin prices tend to fluctuate as it is today
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August 26, 2015, 01:07:53 PM
 #7

The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

People say this every year. If it was to break into the mainstream it wont be next year. Maybe in 3-5 years but not any time soon. Bitcoin has been moving very slow for over a year now and unless some massive corporation or industry gets on board it'll probably be another slow year.
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August 26, 2015, 01:18:15 PM
 #8

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
i hope i can sell to 1000$ too
i start earning bitcoin  at price 500$

now im save some of my earning for future

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August 26, 2015, 03:21:22 PM
 #9

I agree with you
I think 2016 is bitcoin will really be recognized in some countries if the price has not changed much and bitcoin will be known among the public, especially businessmen
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August 26, 2015, 03:37:56 PM
 #10

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
i hope i can sell to 1000$ too
i start earning bitcoin  at price 500$

now im save some of my earning for future

What if the rise this time doesn't stop at 1000 and it doubles the ATH and you miss on another 1000 of gains? I don't understand this mentality of selling at round numbers. Sure most likely we will see a correction at 1000, but once we get past 1000 again the psychological barrier is broken twice and then there's no limit, we are in known territory and people will freak out in panic buying frenzy. You are all advised.
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August 26, 2015, 03:41:20 PM
 #11

I hope what you are saying is correct and come to pass in 2016. but it feels likely too. if we can get past the disaster that bitcoin XT is creating right now, I think rising will become possible.

Only Bitcoin
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August 26, 2015, 03:44:32 PM
 #12

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
i hope i can sell to 1000$ too
i start earning bitcoin  at price 500$

now im save some of my earning for future

Who doesn't want to be 1,000$ price of bitcoin, that would be brilliant, if you have large amount of bitcoin then these days price makes you loose more than 50% if you sell now. Let's keep until 1k$ Smiley
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August 26, 2015, 03:58:28 PM
 #13

I know it has happened before, but a Bitcoin price of 1000 $ would probably mean that fiat money is somewhat in danger.

RustyNomad
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August 26, 2015, 04:06:37 PM
 #14

The current financial system is one sick puppy everywhere you look.

The fundamentals are starting to show through all the smokescreens put up by the various central banks. The central banks are losing control and country after country is entering the 'currency wars' by devaluing their currencies in order to try and remain competitive and to stimulate growth in their economies.

We are already seeing the first wheels coming off the present system. Sure there will be some 'rescue plans' in the months to come but that is just patching over holes and or kicking the can down the road. The big reset is coming and I personally believe it will start to gather momentum during the first half of 2016.

If this is the case I think we will see many moving into bitcoin so yes, 2016 could well be the year for bitcoin.
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August 26, 2015, 04:08:33 PM
 #15

We aren't done and dusted with 2016 yet.  Wink

But yes, I do believe 2016 will be good for Bitcoin. The block reward halving is just one of the reasons. All the other asset classes seem to be going down hard in this bear market. If it is a deep routed crisis, Bitcoin will shine through in 2016.


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August 26, 2015, 04:09:57 PM
 #16

The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

It 's easy to predict without any arguments  Smiley
What make you think Bitcoin is about to go mainstream? Amazon accepting BTC in 2016?

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August 26, 2015, 04:15:45 PM
 #17

Hope so. I want to see again the $1000 price and hoping btc xt will gone forever coz it really hurts the price.
i hope i can sell to 1000$ too
i start earning bitcoin  at price 500$

now im save some of my earning for future

What if the rise this time doesn't stop at 1000 and it doubles the ATH and you miss on another 1000 of gains? I don't understand this mentality of selling at round numbers. Sure most likely we will see a correction at 1000, but once we get past 1000 again the psychological barrier is broken twice and then there's no limit, we are in known territory and people will freak out in panic buying frenzy. You are all advised.

Actually I wanted to write the same. Everytime when I read things like that it shows me how many people are here just for the quick buck. I hope when we ever see that old ATH again that the people who sell at this level will bite in their own asses when the price continues climbing and might just make a small break at 1500 or so.
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August 26, 2015, 04:16:16 PM
 #18

I totally agree with you, I want bitcoin to succeed. And I am also looking forward for 2016.
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August 26, 2015, 04:16:29 PM
 #19

The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

It 's easy to predict without any arguments  Smiley
What make you think Bitcoin is about to go mainstream? Amazon accepting BTC in 2016?

Well yes, Amazon i have a feeling that will accept btc, on that way bitcoin price will change a lot. It should and the Ebay integrate the bitcoin as a payment method. In this way while big e-commerce companies include this payment method the price of bitcoin will increase and people will be more interested to invest in bitcoin.
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August 26, 2015, 04:21:24 PM
 #20

Chinese markets have been crashing and now it seems US markets will too. Never a better time (unless it's 2009) to buy crypto currencies. Silver is also likely to do really well. Few factor in that silver is used for photovoltaics and that since the cost per watt of energy produced from solar gets cut in half about every two years and this is a trend that has been going on for more than a decade it's somewhat similar to moor's law, Silver will do very well. Solar panels will continue exponential growth and so then will demand for silver for panels. If you don't have a lot of money Bitcoins may be the way to go, if you have more mix in some silver as well perhaps.
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