|
fricircled
|
 |
February 03, 2016, 11:46:42 AM |
|
I think its safe to say that 2016 will be a big year for bitcoin for 2 main reasons
1. Many fortune 500 companies and banks have recently invested in the cryptocurrency
There is no sign that large companies or banks are supporting Bitcoin. More the opposite. Banks are just looking at blockchain technology for their own use. It depends on the popularity of bitcoin. When bitcoin is widely adopted and is very popular, the banks will support it to make money. |
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
owm123
|
|
February 03, 2016, 12:50:01 PM |
|
I think its safe to say that 2016 will be a big year for bitcoin for 2 main reasons
1. Many fortune 500 companies and banks have recently invested in the cryptocurrency
There is no sign that large companies or banks are supporting Bitcoin. More the opposite. Banks are just looking at blockchain technology for their own use. It depends on the popularity of bitcoin. When bitcoin is widely adopted and is very popular, the banks will support it to make money. Nope. Banks wont support Bitcoin, as they have no control over it. They will make their own "Bitcoin". That's the point of all this R3 bank consortium anyway. Banks are only interested in the blockchain, and how it can benefit them, not the customer. |
|
|
|
|
starbook
|
|
February 03, 2016, 12:51:35 PM |
|
I think it will be the exact opposite regarding block halving, it should increase massively in price after the halving since the incoming supply would be halved, At least this is how I see it.
|
|
|
|
|
jugador
Member
 Offline
Activity: 79
Merit: 10
|
|
February 03, 2016, 12:55:08 PM |
|
I believe there is always a hype every now and then, but Bitcoin is too big to just stop in such a short period of time. And the halving should make the price rise significantly.
|
|
|
|
|
|
knowhow
|
|
February 03, 2016, 02:13:19 PM |
|
This is my current vision about the halving that had made bitcoin reach a high value without nothing real big to that happen soo i may say this will turn into back to the 300 dollars.
|
|
|
|
|
Betwrong
Legendary
 Online
Activity: 3262
Merit: 2144
I stand with Ukraine.
|
|
February 03, 2016, 02:23:39 PM |
|
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people. |
.
.BLACKJACK ♠ FUN. | | | ███▄██████
██████████████▀
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
█████████████████▄
░██████████████▀
████████████
███████████████░██
██████████ | | CRYPTO CASINO &
SPORTS BETTING | | │ | | │ | ▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
███████████████████ | | .
|
|
|
|
|
jchst
|
|
February 03, 2016, 04:48:02 PM |
|
I think it will increase with the incoming block halving, with less BTC in the market from mining the price should increase. Wondering if mining BTC will be profitable after the halving.
|
|
|
|
|
tyz
Legendary
Offline
Activity: 3360
Merit: 1530
|
|
February 03, 2016, 06:48:11 PM |
|
If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.
|
|
|
|
|
|
fricircled
|
|
February 06, 2016, 10:57:35 PM |
|
If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.
The halving is still 5 months away. I think the price in May will reflect the halving effect. Not now. |
|
|
|
|
|
maokoto
|
|
February 06, 2016, 10:59:47 PM |
|
Some good news about solving the blocksize issue will likely pump the price up a lot. And that is quite likely to happen.
|
|
|
|
ThunderThomas
Full Member
Offline
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
|
|
February 07, 2016, 12:22:14 AM |
|
Some good news about solving the blocksize issue will likely pump the price up a lot. And that is quite likely to happen.
I do belief you are right. The dev's are taking this radio silence for way to long. It's time for some action. Everybody knows that. |
|
|
|
|
Laosai
|
|
February 07, 2016, 12:24:36 AM |
|
If everyone is hyping the price in one direction then usually it goes the other way. I do not know what to think about. I guess that the halving advantage is already priced in. So we will only see strong price increasing if the economic situation is going worser or there are very good news around Bitcoin.
I agree with the halving advantage being already priced. But no it's not if everyone thinks it goes in one direction it goes the other way. Otherwise it would never go up cause most of bitcoin users think the price will double every 3 months xD |
|
|
|
heldertb
Full Member
Offline
Activity: 242
Merit: 100
Blockchain-based Financial Ecosystem
|
|
February 07, 2016, 10:46:28 AM |
|
There appears to be renewed interest in a lot of alt coins for 2016 as we have already seen several pumps. I agree that a rising BTC floats all boats, as most alts are directly coupled to the price of BTC, but I also think we will start to see a bit more independence as the year progresses, including LTC. We had the pump last year where LTC broke above $8 and above the .01 LTC/BTC ratio so it is not always directly coupled to BTC, and I have a feeling we might see a few more pumps. While most alts are only good for pump/dump, I believe over time the more useful alts will begin to take on a life of their own.
yeah i am agree with you . now all people hyping but what happen in future . what time is bitcoin price is less and what time is bitcoin price increase.we can,t know but know is good |
Keep Crypto. Get Cash  █▮ The highest Loan-to-Value ratio ▮ No minimum monthly payments and no hidden fees ▮ Major cryptocurrencies as collateral ▮█ |
|
|
|
zergenyt09
|
|
February 07, 2016, 01:02:53 PM |
|
Everyone is HYPING about bitcoin all the time  but probably 2016 will be pretty special for BTC, tons of new effective exchanges are opening and starting to operate, block halving is coming near and media coverage is reaching new heights, probably all of these are good news. |
|
|
|
|
|
Zaun
|
|
February 07, 2016, 01:05:24 PM |
|
Everyone is HYPING about bitcoin all the time but probably 2016 will be pretty special for BTC, tons of new effective exchanges are opening and starting to operate, block halving is coming near and media coverage is reaching new heights, probably all of these are good news. Yes this is not something new. There is a hype going on like always. Let's just wait and see what will happen. So many hyping is not good at all. |
|
|
|
|
|
makingwin1
|
|
February 07, 2016, 01:17:02 PM |
|
how they cant be bitcoin price is going up so who invested a lot in it will be rich soon .
|
|
|
|
|
virtualdn
Legendary
Offline
Activity: 1372
Merit: 1093
|
|
February 07, 2016, 01:19:31 PM |
|
There are still a few month left until then... everyone thinks price will rise so do I let's see  |
1 BTC = 1 BTC
|
|
|
BTCLovingDude
Legendary
Offline
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
|
|
February 07, 2016, 01:20:43 PM |
|
it seems like this time the bitcoin price hype could not push the market higher than $400.
we are stuck here (at least for the time being)
|
--looking for signature--
|
|
|
|
bearex
|
|
February 07, 2016, 01:20:57 PM |
|
I think it will rise even after the Halving. Because people will realise that the amount of BTC is limited. And also, there will be another halving approaching and so on. So i think the price will rise in 2016 and then stay about the same for the 2017.
|
|
|
|
|
lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
|
|
February 07, 2016, 01:48:58 PM |
|
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
Here's my prediction: By summer 2016 the price of Bitcoin will be aruond $500 and from that point it will grow steadily, 20%-25% per year, so it will be around $600 in 2017, and it will be around $730 in 2018. The main reasons for the growing are that Bitcoin will be introduced (in a good way) to more people. Pretty bold of you to think that. There are a lot of factors and it'll remain unpredictable. So to be more realistic, I suppose it'll be up this year about $500 like you've predicted but will go down to $400 again come 2017. |
|
|
|
|
