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Author Topic: 2016, The Year of Bitcoin?  (Read 169266 times)
p_linz
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August 19, 2016, 03:23:54 PM
 #1821

yes truly year of bitcoin they have been rise in the value of btc...

not lately (thx bitfinex), but i guess most people expect a rise again in short time.
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August 19, 2016, 03:37:31 PM
 #1822

The Kim Dotcom hype is real. I can predict that we will minimum trespass the latest ATH and go beyond the 1200 dollar mark, which will inevitably skyrocket the price since the physical barrier will be lost.

The  Kim Dotcom hype might be real. But there are other bad news about the bitcoin. For example the bitfinex hack. It will take some time to reach ath.

No such "unique" trend will ever make the bitcoin price to reach the new ATH without community's support. A hype is a hype and that is a passive one. For price to increase it needs an active action and not just pure hype.

Let's just hope that whatever trend will be made, community will do such action to make the bitcoin price reached it's another ATH.
I think this year is already a good year for bitcoin and the hype has really help a lot as the new players in the market are thinking and so positive that that they can be rich by investing bitcoin, and don't forget the gambling industry where I belong, it would be a big demand and time passes and would make a good price in the future.

Well every year there is a great news that happen in bitcoin price that really affects much the price. Last year, the price went to a surge that's why we able to surpass all the desired levels. Without it there will be no such price like this today.

And hopefully with the price breaches the $500 level, it's a start to climb at the new possible ATH.
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August 19, 2016, 03:44:37 PM
 #1823

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

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agustina2
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August 19, 2016, 04:13:05 PM
 #1824

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.
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August 19, 2016, 04:15:04 PM
 #1825

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.
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August 20, 2016, 04:44:01 AM
 #1826

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.
The good thing is the price is fighting to go up and I can say that the upward direction has more possibility to happen in the next few days, we might be seeing a low price now but it would not last as we will be back to normal price but expected to have increase before the end of the year.

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upsidedown75
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August 20, 2016, 12:35:13 PM
 #1827

The Kim Dotcom hype is real. I can predict that we will minimum trespass the latest ATH and go beyond the 1200 dollar mark, which will inevitably skyrocket the price since the physical barrier will be lost.

The  Kim Dotcom hype might be real. But there are other bad news about the bitcoin. For example the bitfinex hack. It will take some time to reach ath.

No such "unique" trend will ever make the bitcoin price to reach the new ATH without community's support. A hype is a hype and that is a passive one. For price to increase it needs an active action and not just pure hype.

Let's just hope that whatever trend will be made, community will do such action to make the bitcoin price reached it's another ATH.
I think this year is already a good year for bitcoin and the hype has really help a lot as the new players in the market are thinking and so positive that that they can be rich by investing bitcoin, and don't forget the gambling industry where I belong, it would be a big demand and time passes and would make a good price in the future.
This year is a good year since we opened up at a value around $400 and right now, we are about $570 - $580 which is a really good advancement even though the price fluctuated from $750 down to what it is now. Still, I guess there is a plenty of time for bitcoin price to settle high to mark this year. But along with halving $500+ price level was a big achievement for this year 2016.
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August 20, 2016, 03:04:52 PM
 #1828




Okay, let's be honest we are trying to promote bitcoin in positive way and we are optimistic about it. Now, that’s good thing on the part of community but what we are doing to build awareness? Or at least circulation of currency? That’s the main thing I think we should work on. Yes, I acquire coins and I spend it too. We must spend coins instead of keeping such hopes in order to contribute to the topics we are discussing.

gerXhonza
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August 20, 2016, 03:10:23 PM
 #1829

The Kim Dotcom hype is real. I can predict that we will minimum trespass the latest ATH and go beyond the 1200 dollar mark, which will inevitably skyrocket the price since the physical barrier will be lost.

The  Kim Dotcom hype might be real. But there are other bad news about the bitcoin. For example the bitfinex hack. It will take some time to reach ath.

No such "unique" trend will ever make the bitcoin price to reach the new ATH without community's support. A hype is a hype and that is a passive one. For price to increase it needs an active action and not just pure hype.

Let's just hope that whatever trend will be made, community will do such action to make the bitcoin price reached it's another ATH.
I think this year is already a good year for bitcoin and the hype has really help a lot as the new players in the market are thinking and so positive that that they can be rich by investing bitcoin, and don't forget the gambling industry where I belong, it would be a big demand and time passes and would make a good price in the future.
This year is a good year since we opened up at a value around $400 and right now, we are about $570 - $580 which is a really good advancement even though the price fluctuated from $750 down to what it is now. Still, I guess there is a plenty of time for bitcoin price to settle high to mark this year. But along with halving $500+ price level was a big achievement for this year 2016.

Yes and I think the current price is good to hold as its far better in compare to the last year, and we may see price rise in coming months, so surely this can be the year of bitcoin.
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August 20, 2016, 03:20:35 PM
 #1830

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.

realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year.
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August 20, 2016, 03:38:05 PM
 #1831

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.

realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year.
Yeah at least in this year bitcoin has go to the peak than since last 2 year we stay on the bottom price for a long time and before half the price rising a little than touch the peak  at $700.
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August 20, 2016, 03:42:25 PM
 #1832

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.

realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year.
Yeah at least in this year bitcoin has go to the peak than since last 2 year we stay on the bottom price for a long time and before half the price rising a little than touch the peak  at $700.
We may see $700 price in next few months and to be honest majority of the users will be satisfied with that price and will prefer to sell their coins if they see that price.
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August 20, 2016, 04:33:32 PM
 #1833

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price.

Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months.

Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months.

realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year.
Yeah at least in this year bitcoin has go to the peak than since last 2 year we stay on the bottom price for a long time and before half the price rising a little than touch the peak  at $700.
We may see $700 price in next few months and to be honest majority of the users will be satisfied with that price and will prefer to sell their coins if they see that price.
See, the year of bitcoin isn't exist if people only care about profit when they sell their bitcoin at high price.
There's no point to see high bitcoin price if no one use it as currency.

That's correct price will go higher only if people starts spending and use it as a currency and if everyone will start holding it then it will not contribute in taking price to higher level.
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August 20, 2016, 05:51:34 PM
 #1834

2016 for bitcoin has become very worrying. In my opinion it brought shock after burglary cases bitfinex. The low level of prices cryptocurrency was before, but this was not unexpected yet. But many users have begun to sell their bitcoin, because of fear of losing everything.
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August 20, 2016, 07:25:10 PM
 #1835

2016 for bitcoin has become very worrying. In my opinion it brought shock after burglary cases bitfinex. The low level of prices cryptocurrency was before, but this was not unexpected yet. But many users have begun to sell their bitcoin, because of fear of losing everything.

Not really worrying, but it's more that people have taken a step back to see where the market is heading. I can't blame people for doing that as they are disoriented. At first people were expecting the price to go up heavily as we've left the block halving behind us, and now the hack of Bitfinex ruined everything for them. Give it time. The price will recover again, no worries
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August 20, 2016, 07:48:05 PM
 #1836

Businesses need to accept Bitcoin more often. This is the key to to build awareness. I do not see how the community could arrange this. We are actually dependent of influences from outside like economical uncertainties for instance, or declining trust into fiat and paper money.


Okay, let's be honest we are trying to promote bitcoin in positive way and we are optimistic about it. Now, that’s good thing on the part of community but what we are doing to build awareness? Or at least circulation of currency? That’s the main thing I think we should work on. Yes, I acquire coins and I spend it too. We must spend coins instead of keeping such hopes in order to contribute to the topics we are discussing.


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August 20, 2016, 08:10:26 PM
 #1837

The present cost of bitcoin is in the scope of 570 USD. I think this year has not been a substantive change.

maybe in 2017 later on will build the cost of bitcoin expanded.
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August 20, 2016, 09:08:30 PM
 #1838

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

I think this year we saw a more substantive improvement as the price of bitcoin within a few months has been doubled in this year, a lot of people already were aware that the price of bitcoin will increase and so a large community invested their money in there and they all saw their money to be doubled with the price rise of bitcoin.
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August 20, 2016, 09:39:03 PM
 #1839

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.

I think this year we saw a more substantive improvement as the price of bitcoin within a few months has been doubled in this year, a lot of people already were aware that the price of bitcoin will increase and so a large community invested their money in there and they all saw their money to be doubled with the price rise of bitcoin.

Yeah, in this year like in 2013 we saw a bigger increase in the price of bitcoin but people benefited more in this year (2016) as in this year there are more people who invested in bitcoin and they got the profit, so in respect of that we can call 2016 as the year of bitcoin, we also have to hope for more better profit in the coming years.

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August 20, 2016, 10:03:14 PM
 #1840

the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.
I think 2016 is not over yet still very likely that prices will continue to rise. so it's better to wait and hold your bitcoin. 2016 is not over and I think bitcoin pump has not shown yet in this year
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