2016, The Year of Bitcoin?

[novadragon]

bitcoin is enough known among the public in 2015
2016 I hope bitcoin already be in use by the world community  

[kenbytes]

i think the economic crisis will bring bitcoin in the light ...and more people will be interested of btc...i think btc have a bright future

[LiteCoinGuy]

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.

there is "no year where bitcoin finally breaks through" because it is a development over years. but we will see alot booms and busts in the future.

[Abiky]

There are various things currently affecting Bitcoin's price and future. One of them is Bitcoin XT which has caused controversies among other Bitcoin users from Bitcoin Core and another thing is the Ethereum hype. People think that ETH is the next big thing. The year of Bitcoin would be such where lots of investors join in (including companies/businesses) When we see that, then Bitcoin would become mainstream. Just my opinion 

[lorylore]

There are various things currently affecting Bitcoin's price and future. One of them is Bitcoin XT which has caused controversies among other Bitcoin users from Bitcoin Core and another thing is the Ethereum hype. People think that ETH is the next big thing. The year of Bitcoin would be such where lots of investors join in (including companies/businesses) When we see that, then Bitcoin would become mainstream. Just my opinion 

The more coin are invented the more people will lose their interest in bitcoin, maybe i am wrong but people invest in other coins and since they are holding them, btc price drops.

[coinpr0n]

I hope that 2016 will bring more reliable infrastructure-level improvements and less scam companies. Then I would call it a good year.

[wxa7115]

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.

Although almost everyone in the forum wants this, Bitcoin XT is going to be a trial by fire for Bitcoin.

[Mickeyb]

Well it all points in that direction, that the year 2016 will really be the year of the Bitcoin. Block size debate should be over, this bear market is very long and it has to end sooner or later, and we have that mythical halving that everybody are expecting. So if there will not be any unforseen circumstances, it all points the year 2016 might be the Bitcoin year. Lets hope so!

[Kprawn]

I will not be too optimistic for 2016 given the facts that most banks are working on their own versions of the Blockchain. I predict a major release of several "private"

Blockchain's within the next year. The global stock markets are also going downwards very quickly and the chances of the Chinese situation improving seems slim.

Japan would announce their Crypto currency regulations soon.... and I predict another "BitLicence" type regulation for them, after the MtGox fiasco, and this will make

mass adoption very hard. The halving will boost it a little bit, but I doubt if the price will increase to levels higher than $400. Oh.... Gemini will also boost it a bit.   

[Za1n]

Every since the high in 2013 it have been like this:

     Just wait until 2014, bitcoin will be $1,000 + again.

     Just wait until 2015, bitcoin will be $1,000 + again.

     Just wait until 2016, bitcoin will be $1,000 + again.

I hope you are right, but it is humorous if you step back and look at the larger picture: if my predictions do not come true this year, maybe next!

[lorylore]

Every since the high in 2013 it have been like this:

     Just wait until 2014, bitcoin will be $1,000 + again.

     Just wait until 2015, bitcoin will be $1,000 + again.

     Just wait until 2016, bitcoin will be $1,000 + again.

I hope you are right, but it is humorous if you step back and look at the larger picture: if my predictions do not come true this year, maybe next!

I think that the same thing will happen with bitcoin and in 2016 like the last year that you stated. Maybe it should took more than 5+ years to reach $1,000

[NorrisK]

Every since the high in 2013 it have been like this:

     Just wait until 2014, bitcoin will be $1,000 + again.

     Just wait until 2015, bitcoin will be $1,000 + again.

     Just wait until 2016, bitcoin will be $1,000 + again.

I hope you are right, but it is humorous if you step back and look at the larger picture: if my predictions do not come true this year, maybe next!

I think that the same thing will happen with bitcoin and in 2016 like the last year that you stated. Maybe it should took more than 5+ years to reach $1,000

I don't need a 1,000 USD per bitcoin, but I would like to see this bear market come to an end already.. I guess with the massive fluctuations from last months, we may get in to a ride again

[jeffthebaker]

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  
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.

Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).

Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.

[Mickeyb]

I will not be too optimistic for 2016 given the facts that most banks are working on their own versions of the Blockchain. I predict a major release of several "private"

Blockchain's within the next year.

Honestly I don't see this as a problem at all. I think that they are just doing us a favour. So they are not recognizing us but they are copying and recognizing a technology that we are using. This must be the dumbest move ever.

And even if they successfully build their own private Blockchain's and people start using them, how long will this last? Until the next banks bailouts maybe.

[lorylore]

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 
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.

Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).

Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.

I accept that there can be a loss for amazon if they had added bitcoin this year, we know 300s at the beginning of this year and now 200s and if ebay and amazon implemented this then they would lose -33.33%.
I think they are waiting for bitcoin price to be stable and implement it.

[jeffthebaker]

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 
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.

Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).

Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.

I accept that there can be a loss for amazon if they had added bitcoin this year, we know 300s at the beginning of this year and now 200s and if ebay and amazon implemented this then they would lose -33.33%.
I think they are waiting for bitcoin price to be stable and implement it.

Oh no, I don't mean holding Bitcoin at all. Just by adding Bitcoin as a payment option, companies can lose overall sales. In other words, even if you use a payment processor that transacts the purchases to USD instantly, companies will experience a loss in revenue.

I read up on it a while back, so I don't have too precise of information, but the premise was as followed: Mozilla Firefox began accepting Bitcoin donations. Donations spiked up a bit as everyone who wanted to donate with Bitcoin did at the start. Most people only donated once, and after accepting Bitcoin, donations overall dropped a bit (which was allegedly caused by a loss of credibility in the eyes of potential donators through the acceptance of Bitcoin). In other words, the small group that you could potentially win over by accepting Bitcoin is smaller than the group you could potentially lose from accepting Bitcoin.

[Enfield]

2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"

  .

I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.

[jeffthebaker]

2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"

  .

I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.

I mean, if you don't look at the bigger picture, you could argue that 2013 was the year of Bitcoin. We saw insane gains in price, acceptance, and news coverage in that year. The tail end of 2013 is when most people first heard about Bitcoin, after all.

[Professor Plums]

2012: "2013 is going to be the year of bitcoin"
2013: "2014 is going to be the year of bitcoin"
2014: "2015 is going to be the year of bitcoin"
2015: "2016 is going to be the year of bitcoin"

  .

I'll just wait and see what the future brings. There are no promises but I have hope that sometime will be the year of bitcoin.

I mean, if you don't look at the bigger picture, you could argue that 2013 was the year of Bitcoin. We saw insane gains in price, acceptance, and news coverage in that year. The tail end of 2013 is when most people first heard about Bitcoin, after all.

Well if 2013 was the year of bitcoin then it's been and gone and that's no good. We need something optimistic to look forward to. The '13 bubble was probably caused by willybot on gox so maybe we will never get there again.

[Lboss]

With the expectation of global crysis, I dont think 2016 will be year of BTC.

After 2013 peak, the main stream adoption didnt still happened. And, it doesnt seem occur sooner. Also, btc has some technical limitations like block size , blockchain size which will have become more serious problem when # of txs/block keeps the increasing. Before coming year of bitcoin, it should be evolved to be used as a -real- global payment vehicle.