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Author Topic: Bitcoin - 2016  (Read 2120 times)
bitcoingrw (OP)
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December 24, 2015, 03:58:52 AM
 #41

going up Smiley
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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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December 25, 2015, 06:32:38 AM
 #42

Ecerybody want to know this,of course they also wondering about that,so i am. And after read aomw article about what happen with bitcoin price on 2016,i will say that bitcoin price will raise up at least until $1200,its caused two reason,first. Much more people use and adopt bitcoin,and the second is becauae bitcoin halving gonna happen.

A lot of people are banking on the block reward halving to drive up prices.
That may be incorporated in bitcoin's price already.  Smiley

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