spazzdla (OP)
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Activity: 1722
Merit: 1000
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September 25, 2015, 03:03:09 PM |
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Quite interesting it's just held around 220-240 for most of the year.
Think we'll sit here for years to come?
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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ssmc2
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Activity: 2002
Merit: 1040
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September 25, 2015, 03:08:17 PM |
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No way in hell
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ask
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Activity: 1386
Merit: 1004
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September 25, 2015, 03:25:31 PM |
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Why not  |
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neochiny
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September 25, 2015, 03:27:51 PM |
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Quite interesting it's just held around 220-240 for most of the year.
Think we'll sit here for years to come?
i dont think so... i think for the following months... and years.. it will go up already. even it goes down again to 220-240 it will definetely go up in no time... but ofcourse this is only my speculation... so goodluck to us. |
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zby
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Activity: 1592
Merit: 1001
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September 25, 2015, 03:28:45 PM |
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The money being pumped into the bitcoin ecosystem was giving me much hope - but I think that most of the companies being funded are closer to MtGox than to Google and now after the BitPay announcement this might get visible to the VCs as well.
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ssmc2
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Activity: 2002
Merit: 1040
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September 25, 2015, 03:32:10 PM |
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The money being pumped into the bitcoin ecosystem was giving me much hope - but I think that most of the companies being funded are closer to MtGox than to Google and now after the BitPay announcement this might get visible to the VCs as well.
Bitpay was doomed from the start. Merchant adoption should and will be the very last phase in this journey. |
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BillyBobZorton
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Activity: 1204
Merit: 1028
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September 25, 2015, 03:50:13 PM |
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The longer we go through this nice stable and low price, the better for long term investors like me. It just means more monthly cheap Bitcoin going into my wallet before the general public of dumbfounded people and stuck up old money idiots wake up into the fact cash is going to disappear in our lifetimes. Being ahead of the pack WILL eventually reward any Bitcoin holders.
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Emperor of Man
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September 25, 2015, 04:25:25 PM |
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It went to prices under $200 and also prices more than $300. You call that flat?
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ridery99
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September 25, 2015, 05:13:04 PM |
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next stop 100$ |
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tiggytomb
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Activity: 1848
Merit: 1000
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September 25, 2015, 05:23:12 PM |
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Would like to think it would go up in 2016. If mass adoption is the main focus we would need to have it at a level where everyone can pick up a few BTC and not just satoshis worth. For this it would need to drop a bit further before then flying back up, who knows but 2016 will be a year for something to happen.
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randy8777
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Activity: 896
Merit: 1000
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September 25, 2015, 06:07:42 PM |
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next stop 100$ keep dreaming. the $220 price level has been very strong throughout the year. i'm sure we'll see the price go over $300 next year. i only hope we'll be able to maintain that level to advance even higher. |
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g-unit
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September 25, 2015, 06:29:02 PM |
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next stop 100$ keep dreaming. the $220 price level has been very strong throughout the year. i'm sure we'll see the price go over $300 next year. i only hope we'll be able to maintain that level to advance even higher. I'd be surprised if we don't see $500 next year quite frankly. |
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Amph
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Activity: 3206
Merit: 1069
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September 25, 2015, 06:35:26 PM |
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next stop 100$ the fact that we are still at 200 after all the manipulation and everything that happened, is a good indication, that we will increase in the future thinking the opposite is pure trolling, the halving will only help this increase in the future |
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Sarthak
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September 25, 2015, 06:38:22 PM |
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Quite interesting it's just held around 220-240 for most of the year.
Think we'll sit here for years to come?
But dude, halving is yet to come  We'll soon be going up, up to the MOON  According to my speculation, i see the price around $350-$400 or more after the halving in 2016  |
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HarryPotHead
Full Member
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Activity: 192
Merit: 100
You are what you eat. PIZZA!
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September 25, 2015, 06:46:25 PM |
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I think its still going down. We should see $100 by 2016.
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Sarthak
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September 25, 2015, 06:50:37 PM |
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I think its still going down. We should see $100 by 2016.
Why do you say that? The price went up in the earlier halving i.e. 2012 and i still hope the same thing will happen. People are too interested to invest on bitcoin during the halving period. I am sure this would significantly increase the price by atleast 150% |
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HarryPotHead
Full Member
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Activity: 192
Merit: 100
You are what you eat. PIZZA!
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September 25, 2015, 06:53:02 PM |
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I think its still going down. We should see $100 by 2016.
Why do you say that? The price went up in the earlier halving i.e. 2012 and i still hope the same thing will happen. People are too interested to invest on bitcoin during the halving period. I am sure this would significantly increase the price by atleast 150% Because that where btc was before the willy bot got involved. It needs to go back there before it can go back up. |
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spazzdla (OP)
Legendary
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Activity: 1722
Merit: 1000
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September 25, 2015, 07:08:08 PM |
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I think its still going down. We should see $100 by 2016.
Why do you say that? The price went up in the earlier halving i.e. 2012 and i still hope the same thing will happen. People are too interested to invest on bitcoin during the halving period. I am sure this would significantly increase the price by atleast 150% Because that where btc was before the willy bot got involved. It needs to go back there before it can go back up. There are WAY more people involved now than then. If it goes to the same value I fear it goes to zero. |
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LMGTFY
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September 25, 2015, 07:15:55 PM |
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I think its still going down. We should see $100 by 2016.
Why do you say that? The price went up in the earlier halving i.e. 2012 and i still hope the same thing will happen. People are too interested to invest on bitcoin during the halving period. I am sure this would significantly increase the price by atleast 150% Because that where btc was before the willy bot got involved. It needs to go back there before it can go back up. What's the logic behind that? Is this something that's been observed, historically, with manipulation in other markets? (Genuine question, but I will say up-front that I attribute some-to-much of the rise to USD 1000 to the Chinese desire to bypass exchange controls. But that's not necessarily relevant to my question). |
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Mickeyb
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September 26, 2015, 12:58:02 PM |
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Quite interesting it's just held around 220-240 for most of the year.
Think we'll sit here for years to come?
No, definitely not. In my opinion, this is a current Bitcoin healthy price, not a bubble price like we have seen when it went to over a $1,000. This is why price has stayed most of the year in this range. Now we need something to push us up again. Some good news, some excitement, some fresh new blood that will get in with some fresh Fiat from the outside. Once that happens, price will start going up! |
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