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Author Topic: 2016, The Year of Bitcoin?  (Read 169203 times)
trafficolaa
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January 01, 2016, 06:09:39 PM
 #461

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.
more people use and knows about bitcoin,more startup built,more ATM come,more corporation accept bitcoin,wallstreet consider about blockchain,and bitcoin halving. yes this year will be the year of bitcoin.

These all are on the way at the moment it is growing more strongly with real adoption and you will see marketing giant will start accepting soon into this year and after block halving price will increase dramatically to its highest price ever than before.
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January 01, 2016, 06:21:23 PM
 #462

...

Two things I will be watching for:

1)  More merchants accepting BTC.  That is the key indicator (IMO) of how successful Bitcoin will become.

2)  Price...  We now have a "Starting 2016 price": $434.  So we're off to the races to see what happens...

Maybe we hit critical mass this year!
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January 01, 2016, 06:31:47 PM
 #463

It must be year of bitcoin

Look they are raising !

All heil BTC
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January 01, 2016, 06:43:59 PM
 #464

...

Two things I will be watching for:

1)  More merchants accepting BTC.  That is the key indicator (IMO) of how successful Bitcoin will become.

2)  Price...  We now have a "Starting 2016 price": $434.  So we're off to the races to see what happens...

Maybe we hit critical mass this year!
I think I will be paying more attention to the block size debate than anything. Sure, it would be nice for a mass adoption of merchants to start accepting Bitcoin as payment, but we can't even begin to think about that until the kinks "under the hood" have been fixed IMO. If a lot of people started using Bitcoin and began to really stress test/maxing out blocks, then I believe a lot of problems will be imminent... We'll see though, it's going to be exciting regardless due to halving speculations.

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January 01, 2016, 06:49:00 PM
 #465

...

Two things I will be watching for:

1)  More merchants accepting BTC.  That is the key indicator (IMO) of how successful Bitcoin will become.

2)  Price...  We now have a "Starting 2016 price": $434.  So we're off to the races to see what happens...

Maybe we hit critical mass this year!

Yeah more merchants & ATM, but i expect some big companies with some BTC related service too.
The same like Gemini, but not 1 but over 10.
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January 01, 2016, 08:46:40 PM
 #466

This year will be good for Bitcoin whether we talk about huge price rise or popularity.As we will going towards halving we will see the effect of it on price and can see again 1k $ by the mid of this year.

I couldn't agree more with you. Bitcoin price will be increasing until 1000$, perhaps. And then bitcoin will get it glory moments anymore.


If bitcoin achieves those magical number again some big holders will drop their coins and left,since a group is just waiting the time to get back their investment to left bitcoin,sure may be another great time to bitcoin and to get more bitcoiners,but in the end we will see a part of us leaving bitcoin ,selling all bitcoin,that would mean today 2x the investment and for some around 5x their investment soo for sure a great return that should damage bitcoin.
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January 01, 2016, 08:50:43 PM
 #467

It must be year of bitcoin

Look they are raising !

All heil BTC

Yeah bitcoin is gaining more and more popularity day by day and it is constantly into the news and that is the best sign for bitcoin and its users as we want that more and more people should be aware of bitcoins and should start adopting it and start using it so I think bitcoin has a great future in the year 2016.
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January 01, 2016, 09:17:45 PM
 #468

Although bitcoin prices have become more stable over time, they are still volatile. They are subject to heavy speculation, flash crashes, manipulation, intense short squeezes and all sorts of irrational behavior.

And if the last two years are any indication, bitcoin is going to make big moves early in the new year. However, as also observed in the last two years, what goes on in January and February is in no way indicative of how bitcoin will end this year.

What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.

Anyways, here's some food for thought for you, OP.

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January 01, 2016, 10:30:23 PM
 #469

This year will be good for Bitcoin whether we talk about huge price rise or popularity.As we will going towards halving we will see the effect of it on price and can see again 1k $ by the mid of this year.

I couldn't agree more with you. Bitcoin price will be increasing until 1000$, perhaps. And then bitcoin will get it glory moments anymore.

We really wish that the price of bitcoins should reach to that level but its difficult to predict what future holds for us when it comes to bitcoins, but yes the year 2016 would be definitely the better year for bitcoins as compared to the past and we want that the price should be more stable.
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January 03, 2016, 04:57:32 PM
 #470

It must be year of bitcoin

Look they are raising !

All heil BTC

Yes, Bitcoin is seriously rising, but, don’t forget that bitcoin raised above $450-500 in last year 2015. The same ratio might happen in 2016 also, it will just rise to a new heights. Let us wait and watch to enjoy.

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January 03, 2016, 04:58:38 PM
 #471

It must be year of bitcoin

Look they are raising !

All heil BTC

Yes, Bitcoin is seriously rising, but, don’t forget that bitcoin raised above $450-500 in last year 2015. The same ratio might happen in 2016 also, it will just rise to a new heights. Let us wait and watch to enjoy.

But I don’t think Bitcoin has any year, Bitcoin is just volatile, it rises and fall, so nobody is sure of that. Maybe it will rise or it may not.
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January 03, 2016, 05:06:24 PM
 #472

This year will be good for Bitcoin whether we talk about huge price rise or popularity.As we will going towards halving we will see the effect of it on price and can see again 1k $ by the mid of this year.

I couldn't agree more with you. Bitcoin price will be increasing until 1000$, perhaps. And then bitcoin will get it glory moments anymore.

I hope so, i hope this year is the year of bitcoin. bitcoin price gonna increase until $1.000 or even more. and i hope the price don't decrease again.
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January 03, 2016, 06:02:04 PM
 #473

Although bitcoin prices have become more stable over time, they are still volatile. They are subject to heavy speculation, flash crashes, manipulation, intense short squeezes and all sorts of irrational behavior.

And if the last two years are any indication, bitcoin is going to make big moves early in the new year. However, as also observed in the last two years, what goes on in January and February is in no way indicative of how bitcoin will end this year.

What makes predicting long-term bitcoin prices so interesting is the fact that they are so difficult to predict. You may be better off throwing darts.

Anyways, here's some food for thought for you, OP.

I don't see much happening in the early period of the year to be honest, if I have to gamble with a prediction, I would say that we are going to see an huge uptrend by the time the halving comes simply because everyone is psychologically waiting something, so something must happen (beside the actual facts being positive about Bitcoin as it gets increasingly better).
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January 03, 2016, 06:06:06 PM
 #474

I would like to see Bitcoin rise up over 500 in 2016.

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January 03, 2016, 07:05:20 PM
 #475

I would like to see Bitcoin rise up over 500 in 2016.

I think 500 USD would be a great start, but i hope it will not stop there.
With the upcoming block halving i expect way more then a rise to 500 dollar.
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January 03, 2016, 10:18:50 PM
 #476

I would like to see Bitcoin rise up over 500 in 2016.

I think 500 USD would be a great start, but i hope it will not stop there.
With the upcoming block halving i expect way more then a rise to 500 dollar.
I have a feeling that bitcoin price will be more than $500 after the halving time on July this year, so definitely this year will be interesting
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January 03, 2016, 10:24:12 PM
 #477

I doubt 2016 will be the year for bitcoin. However that said we got the halving this year to see how things bounce. Maybe because it is more rear prices will continue to grow providing their is more demands and more company's start using bitcoin. Right now market is saturated because nothing new is happening with it other that the same old trends. Once things move in up direction and growth and development moves in the right direction so will btc. The only thing I will see this year with the coin is same as always, no massive changes or improvements. Once they fix what is wrong maybe it will change but who knows.

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January 03, 2016, 11:23:33 PM
 #478

I doubt 2016 will be the year for bitcoin. However that said we got the halving this year to see how things bounce. Maybe because it is more rear prices will continue to grow providing their is more demands and more company's start using bitcoin. Right now market is saturated because nothing new is happening with it other that the same old trends. Once things move in up direction and growth and development moves in the right direction so will btc. The only thing I will see this year with the coin is same as always, no massive changes or improvements. Once they fix what is wrong maybe it will change but who knows.

It's not impossible that 2016 will be the year of bitcoin. As we can notice easilt this crypto currency (bitcoin) is growing up daily, and many ewallets and marketplaces started to use it as payment processor already , and the price is increasing, so it's possible 2016 become the year of the Bitcoin
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January 03, 2016, 11:43:48 PM
 #479

I doubt 2016 will be the year for bitcoin. However that said we got the halving this year to see how things bounce. Maybe because it is more rear prices will continue to grow providing their is more demands and more company's start using bitcoin. Right now market is saturated because nothing new is happening with it other that the same old trends. Once things move in up direction and growth and development moves in the right direction so will btc. The only thing I will see this year with the coin is same as always, no massive changes or improvements. Once they fix what is wrong maybe it will change but who knows.

It's not impossible that 2016 will be the year of bitcoin. As we can notice easilt this crypto currency (bitcoin) is growing up daily, and many ewallets and marketplaces started to use it as payment processor already , and the price is increasing, so it's possible 2016 become the year of the Bitcoin

year on year merchants have been accepting bitcoin as payment option, and the price has also been going up year on year. which makes every year so far "the year of bitcoin".
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January 04, 2016, 01:44:12 AM
 #480

I've got mixed feelings about this

Yes I think it's time for bitcoin to shine but i still think we have not achieved anything expect for the 'blockchain'
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