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Author Topic: 2016, The Year of Bitcoin?  (Read 169203 times)
bitlancr
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September 08, 2016, 02:03:14 PM
 #1981

Honestly i think we are in for a treat this year.

The price has gained a lot of support. While we were at 220 USD in the beginning of this year, there is some strong support at 420 USD now.
I do not think that 2016 is the year of the Bitcoin unless the value of the Bitcoin is going to rise again only that can safe it.
This year has been pretty disappointing because the Bitcoin has been nothing but stable.
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September 08, 2016, 03:49:38 PM
 #1982

Well, so far 2016 has been an up and down for btc, but mostly up, that's for sure. I think this is not "the year", anyway. Even better is possible in the future.
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September 08, 2016, 04:03:56 PM
 #1983

Well, so far 2016 has been an up and down for btc, but mostly up, that's for sure. I think this is not "the year", anyway. Even better is possible in the future.

Yes. We started this year for a very low price. now here we are almost tripled in our invested bitcoin. Where would you get such a thing like this? It is really a fast growing investment.

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September 09, 2016, 07:27:33 AM
 #1984

Hopefully yes. that is everyone who believes in bitcoin wanted. This year could be the year that bitcoin started soaring high and never looked back again. I hope.
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September 09, 2016, 08:22:09 AM
 #1985

No its not the year of the bitcoin, a lot of people said this but I do not believe in them anymore because they said it would because of the halving.
The halving has not been very good and that was the big event of this year so I must say that I do not think it will be the year of the bitcoin.
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September 09, 2016, 08:37:22 AM
 #1986

In my opinion 2016 was good to us.
Price increased from 430$ to 620$ at the moment. When you put your money into a bank account you will never make that much profit.
And who knows how high we could be if dao and bitfinex did not happen.
The good thing is that 2016 is not finished yet, and I think the price trend goes up.

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September 09, 2016, 08:39:35 AM
 #1987

No its not the year of the bitcoin, a lot of people said this but I do not believe in them anymore because they said it would because of the halving.
The halving has not been very good and that was the big event of this year so I must say that I do not think it will be the year of the bitcoin.

The hype and speculation around the block halving brought the price to around $790 in June, so in that regard it has been a fantastic year for traders and people that have been holding their coins for a long time.
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September 09, 2016, 08:41:45 AM
 #1988

No this year will not be the year of the bitcoin, I just do not see this happen because the halving already has been done and the increasing from now on will not be very big anymore.
It is grown this year with users but I think in the next year it will grow a lot more with users due to the popularity its gaining everyday.
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September 09, 2016, 08:56:38 AM
 #1989

No its not the year of the bitcoin, a lot of people said this but I do not believe in them anymore because they said it would because of the halving.
The halving has not been very good and that was the big event of this year so I must say that I do not think it will be the year of the bitcoin.

Well the effect of halving is just for the block reward, and the effect of price increase is not going to happen instantly. But look at what is happening now the price of bitcoin is already increasing and I would say this is a very good indication that for this year the increase is already happening. And every year is going to be a year of bitcoin.

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September 09, 2016, 09:06:34 AM
 #1990

No its not the year of the bitcoin, a lot of people said this but I do not believe in them anymore because they said it would because of the halving.
The halving has not been very good and that was the big event of this year so I must say that I do not think it will be the year of the bitcoin.

It depends on the price, and the price of bitcoin have grown in 2016 to some extent and it is still growing which proves that the year has been good for bitcoin, it is not important that bitcoin should go too high and then it would be the year of bitcoin but even if the price goes 10-15% from what it was in previous year then it means the year was good for the coin.
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September 09, 2016, 12:33:10 PM
 #1991

No this year will not be the year of the bitcoin, I just do not see this happen because the halving already has been done and the increasing from now on will not be very big anymore.
It is grown this year with users but I think in the next year it will grow a lot more with users due to the popularity its gaining everyday.

Are you alright?

This year brings lots of changes in bitcoin. Ever imagined that we can breached the $500 level? Remember that we are stuck at below of it for years and surpassing that level is a long desire by the others.

Every year brings changes to bitcoin and that is more important.
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September 09, 2016, 02:34:41 PM
 #1992

No its not the year of the bitcoin, a lot of people said this but I do not believe in them anymore because they said it would because of the halving.
The halving has not been very good and that was the big event of this year so I must say that I do not think it will be the year of the bitcoin.

It depends on the price, and the price of bitcoin have grown in 2016 to some extent and it is still growing which proves that the year has been good for bitcoin, it is not important that bitcoin should go too high and then it would be the year of bitcoin but even if the price goes 10-15% from what it was in previous year then it means the year was good for the coin.

Yeah indeed all the things we do and we will certainly try to have constraints in the price. Every price bitcoin affects the growth of bitcoin (in my opinion), but that certainly would be a bitcoin digital currency is remarkable because the bitcoin system brings a more modern and more convenient
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September 09, 2016, 08:30:52 PM
 #1993

We don't know for sure, but it's  possible that 2016 may become  the year of Bitcoin if the price get higher and stabilize at a better level.
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September 10, 2016, 01:49:45 PM
 #1994

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.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year.
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September 10, 2016, 02:24:11 PM
 #1995

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.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year.
The hack does not really affect that much on the bitcoin economy, when you see the opening price of bitcoin this year you will certainly be surprise on the substantial growth and that alone who qualify the statement that 2016 is the year of bitcoin.

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September 10, 2016, 02:27:49 PM
 #1996

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.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year.
The hack does not really affect that much on the bitcoin economy, when you see the opening price of bitcoin this year you will certainly be surprise on the substantial growth and that alone who qualify the statement that 2016 is the year of bitcoin.

This year is certainly the year of bitcoin as we have seen major price rise in this year, and the year has not ended yet, so we can expect even higher price in the end of the year.

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September 10, 2016, 02:35:30 PM
 #1997

2016 is the year of bitcoin for me. Because the halving is happened on 2016 and it's make the price of bitcoin become increase up to 2 times and i don't think 2017 can be same like 2016.
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September 10, 2016, 02:51:42 PM
 #1998

2016 is the year of bitcoin for me. Because the halving is happened on 2016 and it's make the price of bitcoin become increase up to 2 times and i don't think 2017 can be same like 2016.

If big companies will invest their fresh money in bitcoins then it can take price even higher, and at a moment price is rising  slowly and if new investors joins the ride then next year will be also good for bitcoins.
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September 10, 2016, 07:58:55 PM
 #1999

There have been a large increment in  the number of sites that are newly  opened based on bitcoins , so yeah this is a  year of bitcoins. A year of bitcoins does not just  mean that the price go very high.
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September 10, 2016, 08:25:34 PM
 #2000

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.
The prospects were not bad this year, but because of problems in commercial markets, in particular bitfinex, bitcoin fell dramatically. Therefore, in 2016 it became the black for many a year.
We opened 400 and we've gone up to more than 150% of how much we opened the year with, and there's still more room for bitcoin to go back up to $650 line, and that's probably where we'll be closing this year at. Even with the finex issue, bitcoin has still improved nevertheless.
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