2016, The Year of Bitcoin?

[n2004al]

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.

I think you could be right.  The reason is that I think major central bank currencies could go through a major crisis over the next 2 years and people will look to preserve their wealth in other ways.  They will want gold, silver, things like this, but also some will gravitate toward bitcoin.  More adoption means more supply.

This prediction is maximally interesting (even it is fatalist and this kind of things happen very rarely or never). I am curious to know the facts that made you to write this sentence. Could you please show me the resources when are you based to write this? Are rare events which have to do with our and our's family everyday life and deserve very attention. Thanks! 

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[randy8777]

This is just speculation and wishful thinking. I think we all wish that bitcoin is widely accepted and gains more value over time. Maybe 2016 will be the beginning of the future of bitcoin, where it goes from there we´ll have to wait and see.

well, all of these are speculation but i don't think that it is wishful thinking because bitcoin price could actually stay up at the same level (~$220) for a long time now and also the block halving is on the way in the year 2016 which would make the market very interesting by that time.

the price have been quite stable at the $220 level, but i do hope we can maintain that strength also at levels above $300. the halving will definitely help as rewards will decrease with 50%.

[7788bitcoin]

I am not sure how do we define "year of Bitcoin". Is it the price increase or the increase in use by mainstream merchant/comsumers, or both?

However, I think 2016 will be an important year with the predicted reward halving, as not many people witnessed the previous reward-halving.

[lahm-44]

I heard thay in he 2014 too they said that 2015 will be the year of bitcoin and many users also predicted that biycpin will rise upto 500usd in this year but it did the opposite

[ashour]

I think that the block halving event might be interesting for 2016. I really would like to see how the block halving will affect mining operators and bitcoin price.

[smoothie]

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.

I think you could be right.  The reason is that I think major central bank currencies could go through a major crisis over the next 2 years and people will look to preserve their wealth in other ways.  They will want gold, silver, things like this, but also some will gravitate toward bitcoin.  More adoption means more supply.

This prediction is maximally interesting (even it is fatalist and this kind of things happen very rarely or never). I am curious to know the facts that made you to write this sentence. Could you please show me the resources when are you based to write this? Are rare events which have to do with our and our's family everyday life and deserve very attention. Thanks! 

Agreed. If there is a financial collapse bitcoin will benefit from it.

But I still see bitcoin's fungibility problem as glaring along with the current war on cash going on globally.

Bitpay just announced they are blacklisting certain bitcoin addresses to allow payment from.

[smoothie]

I think that the block halving event might be interesting for 2016. I really would like to see how the block halving will affect mining operators and bitcoin price.

My prediction: Price will increase in the 3-6 months prior to the halving...

and will then drop some and level off at a higher level than today.

[ashour]

I think that the block halving event might be interesting for 2016. I really would like to see how the block halving will affect mining operators and bitcoin price.

My prediction: Price will increase in the 3-6 months prior to the halving...

and will then drop some and level off at a higher level than today.

The bitcoin price will definitely increase around the halving period. Either before or after the halving, but it will be interesting to analyze the movements around that time.

[RGBKey]

well you guys have also told previous year that 2015 will be the year of bitcoin but suddenly the prce dropped from 500$ to 200$ and we are still using it..now I hope the price will go upward again

Seriously, the optimism is great and all but let's be real, nobody really knows what's going to happen.

[n2004al]

well you guys have also told previous year that 2015 will be the year of bitcoin but suddenly the prce dropped from 500$ to 200$ and we are still using it..now I hope the price will go upward again

Seriously, the optimism is great and all but let's be real, nobody really knows what's going to happen.

Finally, someone who think and argues. How is possible to be known what it will be in 2016, in 2017 or 2230? There must be millions of things that can happen and that can have impact on the price of bitcoin. No one can know any of this events. So it's impossible know something. Doing predictions only with a few words only because the night before is seen a beautiful wonder isn't serious and for more have absolutely no basis.

[Amph]

I heard thay in he 2014 too they said that 2015 will be the year of bitcoin and many users also predicted that biycpin will rise upto 500usd in this year but it did the opposite

2015 isn't ended yet, who know what surprise it may unveil, remember that the 1200 peak was reached in 1-two weeks, and started late in november

everything is still possible, a spike to 1k is certainly possible even now that only 3 months are left

[Denker]

well you guys have also told previous year that 2015 will be the year of bitcoin but suddenly the prce dropped from 500$ to 200$ and we are still using it..now I hope the price will go upward again

Seriously, the optimism is great and all but let's be real, nobody really knows what's going to happen.

Totally agree.We all hope that each new day, each new week, month and each new year will be something special for Bitcoin. But what really will happen no one can predict. Being positive about Bitcoin however is the reason because we all here believe in that technology.

[Kaneki]

we can only hope it happen in the next year, I believe this technology will arrive back in its heyday 

[alterix]

i'm starting to fall in love with bitcoin, so i hope it's true

[n2004al]

i'm starting to fall in love with bitcoin, so i hope it's true

Are you married or not? If married attention from your wife. The women understand with the wind if their spouse fall in love with another and betraying her. And if understand poor you.

[safari88]

we can only hope it happen in the next year, I believe this technology will arrive back in its heyday 

but I wish it could happen more quickly at the end of 2015, yeah as in previous years. hopefully this is true optimistic

[Coogan]

we can only hope it happen in the next year, I believe this technology will arrive back in its heyday 

but I wish it could happen more quickly at the end of 2015, yeah as in previous years. hopefully this is true optimistic

If you haven't got patience I think you're going to be dissapointed. The internet didn't become what it is today overnight. It takes years and bitcoin might even take longer to break into the mainstream.

[Mickeyb]

I heard thay in he 2014 too they said that 2015 will be the year of bitcoin and many users also predicted that biycpin will rise upto 500usd in this year but it did the opposite

2015 isn't ended yet, who know what surprise it may unveil, remember that the 1200 peak was reached in 1 two week, and started late in november

everything is still possible, s spike to 1k is certainly possible even now that only 3 months are left

Yes you are right, everything is possible but it's not quite probable to have any crazy movements until the end of the year.

I really think that the block size debate needs to be solved before we see any huge price increase. Since this won't be solved until the next workshop in Hong Kong which takes place in early December, this makes me think that the end of the year will be quite calm.

[Pursuer]

I heard thay in he 2014 too they said that 2015 will be the year of bitcoin and many users also predicted that biycpin will rise upto 500usd in this year but it did the opposite

yeah, it feels like every year we are hearing the same news over and over. the only thing that changes is the price prediction which is always a couple of hundred dollars above the current price for the next year.
funny thing is you sometimes encounter those news like on CoinDesk if you are searching for something about the price on google.

but this is the first time that I kind of agree with all those news and think that next year we are finally going to see some higher prices for a change.

[n2004al]

I heard thay in he 2014 too they said that 2015 will be the year of bitcoin and many users also predicted that biycpin will rise upto 500usd in this year but it did the opposite

yeah, it feels like every year we are hearing the same news over and over. the only thing that changes is the price prediction which is always a couple of hundred dollars above the current price for the next year.
funny thing is you sometimes encounter those news like on CoinDesk if you are searching for something about the price on google.

but this is the first time that I kind of agree with all those news and think that next year we are finally going to see some higher prices for a change.

I am very curious to know why.... Really. Why do you think this (the sentence with bold)? Have any analyse or fact that make you believe this or is only intuition? Or something else?