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jaredboice
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November 06, 2015, 03:11:18 AM |
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It's open source, there's only going to be 21 Million of them, and it allows transmission of data and value with no borders or boundaries, without a middle man, and doesn't need anyone's permission, and it does so for little to no fees. Bitcoin will easily be worth thousands. Please stop the trolling about how BTC is just a scam
An AK47 is just a pile of wood and metal. It's the people who use it who do all the damage. Same goes for BTC's present condition. It needs to get into the hands of those who have a proper use for it and then it can flourish. Unfortunately they might continue to be scared away by the powerful minority who ravage it at will on the markets. That is of course their human right but they hold the price cards even after all this progress. Hopefully the cavalry will come from those who are beavering away with useful applications for it but perhaps the clock is ticking. As demand grows, coordinated dumps are much more difficult to maintain. The rich and powerful can't hold the price cards forever. Eventually the market will grow so big that it will gobble up the sell walls until there's none left |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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jjacob
Legendary
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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November 07, 2015, 03:47:45 AM |
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While I am a long-term bull, I think this rally has peaked out at $500. We will have another rally post block reward halving.  |
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Miracal
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November 07, 2015, 07:20:47 AM |
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So a lot of people here are agree we may have a new bubble forming in the coming months But everybody disagree about the top So I make a remake of this poll (pretty accurate for the time) https://bitcointalk.org/index.php?topic=264628.0Most analysts seem to be wrong, so I count on the wisdom of the crowd  I would guess a top of $4000. We are ready to see a new high this time. Let us keep our fingers crossed for no more flash crash before halving. |
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Morgan Stanley
Newbie
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Activity: 2
Merit: 0
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November 07, 2015, 07:37:35 AM |
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The top of the bubble depends on the price rise. The quicker the rise, the lower the top. If the price rises slowly, the top could be over $10k.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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November 07, 2015, 08:25:58 AM |
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i think this will be splitted in two bubble, it can increase another time, then huge stagnation, before the right time before the halving, and then the real bubble begins
the real bubble have a potential to break 10k, this pre-bubble can break the last ATH, but i think it will stop before it because otherwise nothing will ever stop this pre-bubble if it break the 1200 ath
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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November 07, 2015, 09:02:20 AM |
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The top of the bubble depends on the price rise. The quicker the rise, the lower the top. If the price rises slowly, the top could be over $10k.
Highly doubt we are prepared to talk about 10k prices within a 1-3 years, but over 1k is definitely an option, if not this, then next year probably. Sharp movements like this recent one is an excellent chance to increase your bitcoin holdings, because support levels are low on such high spikes, and if you manage to sell high, you should probably have a safe spot for re-buy one things cool down. |
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Mickeyb
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November 07, 2015, 09:32:43 AM |
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I think that we are looking at the new hight during next year. Everything is going in this direction. The halving, the news about Bitcoin, media attention, number of users growing, etc. We will definitely break current highs and set new records.
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marvinrouge (OP)
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November 07, 2015, 09:40:03 AM |
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The top of the bubble depends on the price rise. The quicker the rise, the lower the top. If the price rises slowly, the top could be over $10k.
Highly doubt we are prepared to talk about 10k prices within a 1-3 years, but over 1k is definitely an option, if not this, then next year probably. Sharp movements like this recent one is an excellent chance to increase your bitcoin holdings, because support levels are low on such high spikes, and if you manage to sell high, you should probably have a safe spot for re-buy one things cool down. Each last bubble people were not surprised by the top itself, but more by the velocity of the rise. It was always values people were expecting, but more in 2 or 3 years of regular rise. Regular rise don't exist much in the world of bitcoin. The "over 1k" if it happens, could be as soon as next week. And nobody will sell, waiting for the 10K. Me included. Before it crashes again. |
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2double0
Legendary
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Activity: 2618
Merit: 1105
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November 08, 2015, 10:28:12 AM |
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According to the specifics that I am watching, I see Bitcoin reaching $3600 in no time if this is a bubble.
The charts are showing the real picture, so we should stop guessing and see what they are indicating.
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MissionPhailed
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November 08, 2015, 10:46:32 AM |
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Voted for: "No bubble, just stabilizing here for a while". No problem for me, I've bought low enough for a median price of roughly $380 to be (slightly) profitable.
I think we won't see $10000 or $100000 or even more in the first two or three years, as it 'requires' recognition and adoption by a significant portion of the general public.
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Next BillG
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November 08, 2015, 11:40:06 AM |
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Voted for: "No bubble, just stabilizing here for a while". No problem for me, I've bought low enough for a median price of roughly $380 to be (slightly) profitable.
I think we won't see $10000 or $100000 or even more in the first two or three years, as it 'requires' recognition and adoption by a significant portion of the general public.
Next bull run will lift the price to be over $5k. But the price has to stay around $400 for a few months. |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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November 08, 2015, 11:59:43 AM |
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I believe we are in preparation for a coming bubble.Maybe 2 or 3 bubbles.And each will top the one before. These bubbles again will rise totally crazy and the top could be in 5 digits for the last of those 2 or 3 bubbles.2016 could become a very very interesting year. Helmet and seatbelt should be must have gentlemen!
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abonarea
Legendary
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Activity: 1526
Merit: 1003
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November 08, 2015, 12:58:05 PM |
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There will be no bubble this time.If we look at and observe carefully the current position of Bitcoin and adoption and its usage for different things.I will say rise will be on permanent basis.
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newbitcoins
Member
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Activity: 72
Merit: 10
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November 08, 2015, 02:39:10 PM |
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If this bull run slowly, we might see $10k in a few years. It also depends on the wide usage of bitcoin. If more shops accept bitcoin, it is good for the bitcoin price.
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bri912678
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November 08, 2015, 03:47:09 PM
Last edit: November 08, 2015, 04:00:20 PM by bri912678 |
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hi, im new, how can i vote
You can't until your account gets upgraded from newbie level. It takes 30 posts, and 4 weeks to get to junior member level. You have to wait a fixed time and make enough posts to get upgraded. I can't remember what member level you need for voting privileges, it might be member level, or it could be full member level. The ranking of member levels is: newbie junior member member full member senior member hero member legendary member |
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shamati
Member
Offline
Activity: 115
Merit: 10
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November 08, 2015, 09:50:47 PM |
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hi, im new, how can i vote
You can't until your account gets upgraded from newbie level. It takes 30 posts, and 4 weeks to get to junior member level. You have to wait a fixed time and make enough posts to get upgraded. I can't remember what member level you need for voting privileges, it might be member level, or it could be full member level. The ranking of member levels is: newbie junior member member full member senior member hero member legendary member Also i have same problem. |
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cbase
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November 09, 2015, 04:40:51 PM |
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well we already reached the top price in my opinion it wont go anywhere more than 410 dollars the only change is negative right now in my opinion
Why are you so negative about the future of bitcoin ? In 2013 bitcoin reached $1000 without making the cover of The Economist. And it was 2 years ago. I think we can comfortably settle for a four-digit value as of first semester of new year (Jan-March 2016) as of now. The ATH could be anywhere above that. The market is totally different than it was in 2013. |
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Argonne
Newbie
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Activity: 18
Merit: 0
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November 09, 2015, 09:13:44 PM |
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well we already reached the top price in my opinion it wont go anywhere more than 410 dollars the only change is negative right now in my opinion
Why are you so negative about the future of bitcoin ? In 2013 bitcoin reached $1000 without making the cover of The Economist. And it was 2 years ago. I think we can comfortably settle for a four-digit value as of first semester of new year (Jan-March 2016) as of now. The ATH could be anywhere above that. The market is totally different than it was in 2013. The price might reach $1000 in the middle of next year due to block reward halving. If it rises slowly, it could be even higher. |
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Ab-Soul
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November 09, 2015, 09:32:50 PM |
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In new bubble top will be 2500$ at least.
1Gj18mrR55AawvkUe9taex4NpLkhetctme
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apriyani420
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November 09, 2015, 10:20:00 PM |
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well we have already reached the top now we will have to wait till the halving in year 2016 then the price might increase significantly once again
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Poll
