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Author Topic: 2016, The Year of Bitcoin?  (Read 169203 times)
AncilVTwo
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November 12, 2015, 12:56:20 AM
 #201

Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.
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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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Proxiebuier
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November 12, 2015, 01:29:17 AM
 #202

Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.

bitcoin is very populer at online people
and im sure all of smart people know about bitcoin but not much use it

because bitcoin have many bad impression
AncilVTwo
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November 12, 2015, 02:17:42 AM
 #203

Let's look at it this way... a lot more are jumping in than dropping out  Wink
definetely true, but we still need a lot more people to start using bitcoin. it needs to become alot more popular.

bitcoin is very populer at online people
and im sure all of smart people know about bitcoin but not much use it

because bitcoin have many bad impression
yes bitcoin is popular online, but for people that really don't know about cryptocurrencies bitcoin isnt even a thing for them. we need to find a way to show bitcoin to those people, and maybe even merchants if merchants start adopting bitcoin as a method of accepting payments then alot of their customers will be attracted.
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November 12, 2015, 06:32:15 AM
 #204

lets hope it really happen,i have boring to waiting the year of bitcoin  Grin
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November 12, 2015, 06:43:11 AM
 #205

2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

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RealBitcoin
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November 12, 2015, 06:46:34 AM
 #206

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.

Yep, the halving is close, and price could jump to 5000$ easily if we put some effort in it.

It's not hard to imagine a 30-40 billion market cap crypto industry. We just need to breakthrough on the wallstreet and bank investors to join us.

And the many more mainstream people too!

Proxiebuier
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November 12, 2015, 07:35:28 AM
 #207

2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant
RealBitcoin
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November 12, 2015, 07:40:22 AM
 #208

2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant

There are 3600 coins minted every day, thats 1.2 million $ inflation every day. Of course it hurts the price.

We need to push every day 1.2 million $ just in order to maintain current price levels. If it halves to 600,000$ it will be twice as easier.

And then that extra 600,000$/day + other speculator money will pour into bitcoin making higher prices.

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November 12, 2015, 07:58:54 AM
 #209

2016 is the Year of Bitcoin in my opinion simply due to halving and it being a significant checkpoint we can look at to see what has occurred since the last halving.
Either way this halving is something I look forward to experiencing Smiley

so bitcoin will be "rare coin" , and now bitcoin is limited edition , only smart people who have bitcoin
in 2016 (after halving) im sure price will be rise significant

There are 3600 coins minted every day, thats 1.2 million $ inflation every day. Of course it hurts the price.

We need to push every day 1.2 million $ just in order to maintain current price levels. If it halves to 600,000$ it will be twice as easier.

And then that extra 600,000$/day + other speculator money will pour into bitcoin making higher prices.

can you compare bitcoin with FIat ?
with unlimited cash paper ?

bitcoin is limited supply not like fiat currency
ElpadroBitcoin
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November 12, 2015, 08:52:25 AM
 #210

I hope so that 2016 is the year of BTC. So that I can buy a awesome PC with my BTC.
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November 12, 2015, 08:54:19 AM
 #211

Yes, I agree there will be mainstream adoption, but I find it hard to believe how most people say bitcoin will hit multiple thousands. Sure, 1 thousand, but not two or more. Bitcoin wouldn't be stable enough at that height. Especially with the 1000 to 200 drop previously, people will be very wary now.
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November 12, 2015, 08:59:16 AM
 #212


can you compare bitcoin with FIat ?
with unlimited cash paper ?

bitcoin is limited supply not like fiat currency

Fiat doesnt hold it's value, it loses it, just look USD/XAU chart and see what I mean

http://www.xe.com/currencycharts/?from=USD&to=XAU&view=10Y

Bitcoin so far helt its value for 1 year, and now raised from 220$ to 300$, despite being inflated 1.2m $ daily.

That means the BTC demand ≥  supply

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November 12, 2015, 09:09:05 AM
 #213

btc demand is definitely climbing everyday as it get advertised in very little ways throughout the years throughout the diff countries at different media. so demand is increasing as it slowly reach out to more people.

and as we know, the supply is very limited, so with more people coming it, btc will get more dilute and thus the value will increase to match with the demand for each dilute amount.
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November 17, 2015, 03:46:56 PM
 #214

Maybe but I think more in year 2020.

I think in year 2020 everyone will accept BTC.
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November 17, 2015, 03:51:10 PM
 #215

Maybe but I think more in year 2020.

I think in year 2020 everyone will accept BTC.

the next years there will be a portion of the future boom, this halving that is coming is critical already, the next one will only strengthen it

i'm quite sure we don't more than two halving to have a strong position for bitcoin, 5 years are enough
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November 17, 2015, 04:12:51 PM
 #216

I think that halving will increase the bitcoin prices tremendously as evident from the past where the prices doubled up after each halving.
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November 17, 2015, 04:45:24 PM
 #217


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November 17, 2015, 05:54:10 PM
 #218

I think in 2016 great things awaits us, but I hope the price doesn't explode. We need more time to get more BTC. Think about it, if the price goes up, say goodbye to making 1 BTC relatively easy, it will be mission impossible.
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November 17, 2015, 06:10:11 PM
 #219

I hope so that 2016 is the year of BTC. So that I can buy a awesome PC with my BTC.
Do it!
But, you have to earn much Bitcoin now while the price not too high.
I think, 1 BTC is enough for an "awesome" PC.
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November 17, 2015, 07:55:17 PM
 #220

I hope so that 2016 is the year of BTC. So that I can buy a awesome PC with my BTC.
Do it!
But, you have to earn much Bitcoin now while the price not too high.
I think, 1 BTC is enough for an "awesome" PC.

Yeah looking at the present value of bitcoins it is clear that it would go much higher in the year 2016 and that's what we all are waiting for but it would also totally dependent on the adoption level of the people and we want that the price of bitcoins should be more stable then only more and more people would start using bicoins.
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