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Author Topic: bitcoin will rise again  (Read 12575 times)
jonald_fyookball (OP)
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January 16, 2016, 01:37:57 AM
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Like a Phoenix from the ashes

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January 16, 2016, 01:40:25 AM
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Yes. Bitcoin price will go to a more positive point sooner or later. Let's just hold onto whatever amount of Bitcoin we have now. Also, we should buy some before it hit 400 USD mark again. :p.

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January 16, 2016, 01:46:54 AM
 #3

Come on now. Get real with this  Angry

There is turmoil in the ether and people are holding right now to what they got so no selling going on.
This drives the price downwards. Give it a week it will be back to $400 before you know it.
Just have faith. First get the Cryptsy thing out of the way first  then we will be gold again Cheesy

The parasite hates three things: free markets, free will, and free men.
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January 16, 2016, 01:49:24 AM
 #4

Yeah of course it will rise again, too many people are heavily invested and I reckon that quite a lot of people use it for everyday transactions and thus are still buying Bitcoins.

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January 16, 2016, 01:51:52 AM
 #5

OF COURSE YESS don't forget about block halving in bitcoin mining Smiley

The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 25 to 12.5 coins.
Reward-Drop ETA date: 07-18-2016 00:30:58


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January 16, 2016, 01:53:06 AM
 #6

Bitcoin will recover if people or the community stops panic after the crash and best way is to continue your daily bitcoin life.
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January 16, 2016, 01:56:56 AM
 #7

Bitcoin will recover if people or the community stops panic after the crash and best way is to continue your daily bitcoin life.

+1

Iam sure " the mike hearn " issue is only engineered created by speculators
so more speculators can buying bitcoin at lowet price

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mercistheman
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January 16, 2016, 01:58:11 AM
 #8

Wish the sky would be falling when I have more cash to buy coins... gr8 buy opportunity because we've never seen this FUD b4  Tongue
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January 16, 2016, 02:16:25 AM
 #9

the important thing is to stay calm and do not panic, do not fall for selling, many people who sell bitcoin at a time like this,
they think that, bitcoin prices will continue to fall, but I'm sure, if it remains calm and hold bitcoin, prices will gradually rise
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January 16, 2016, 02:19:24 AM
 #10

I really hope that it does go up. As more people get educated about Bitcoin and start using it, the price will surely go up. Halving is also near, that will also help the price go up.
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January 16, 2016, 02:39:57 AM
 #11

of course,everybody believe it,or maybe some people not believe about this,and it mean they not trust bitcoin anymore,or maybe they just newbie who gave up with this situation. normally,as long so many people buy bitcoin,it mean bitcoin will raise again Smiley

jonald_fyookball (OP)
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January 16, 2016, 03:03:43 AM
 #12

Mike Hearn brings issues to light and the market has spoken.
The issues are real.  Bitcoin right now does
not scale, not with the 1MB limit.

People aren't dumping because
"Mike Hearn said its a failure".  They are
dumping because they are thinking:
"Yeah, he's right.  It's not scalable."
 
Many drank the Maxwellhouse Koolaid
and are waking up from the stupor.

Since Blockstream won't raise the limit
a fork will occur. Once the fork happens
a scalable version will likely quickly gain an economic
majority and price will go back.

For now, expect lower prices. 

mayax
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January 16, 2016, 03:09:25 AM
 #13

in the mean time, BTC = 370 USD Smiley

the rest of the words are useless.
neochiny
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January 16, 2016, 03:20:08 AM
 #14

ofcourse bitcoin will rise again soon.
All things happening now is just a trial,
for bitcoin and bitcoin believers.
though a lot of bitcoin users sell already.
But I believe this will just past by and will increase
again in no time.

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kevin go
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January 16, 2016, 03:23:13 AM
 #15

it will be rise soon...totally sure....
i think bitcoin getting low bcause too many people sell it...and it rise when people try to buy it...
dont panic...keep calm and enjoy it
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January 16, 2016, 03:23:44 AM
 #16

With that developer walking away selling all his bitcoin and an exchange site hacked, not likely to happen sooner when users are into panic dumping their bitcoin but I hope so it will recover this coming months.
jonald_fyookball (OP)
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January 16, 2016, 03:26:14 AM
 #17

With that developer walking away selling all his bitcoin and an exchange site hacked, not likely to happen sooner when users are into panic dumping their bitcoin but I hope so it will recover this coming months.

It will recover when a scalability solution is implemented.

Mike Hearn was right when he said "this time its different".

He has boldly shown us that the emperor indeed wears no clothes.
People are starkly aware of the reality now.

Bitcoin still has great potential but until it gets past
the 1MB roadblock, price has nowhere to go but down.


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January 16, 2016, 03:57:20 AM
 #18

Like a Phoenix from the ashes

Yeah fall like something, Yesterday In between my hours I was checked the rate of bitcoin. I just shocked It fall to 370$ now. I don't what is happening in it. I feel these things for block halving marching only. If its go down also not a problem for me. I will buy bitcoin in this time.
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January 16, 2016, 04:05:06 AM
 #19

Truthfully, there is a very high likelihood that Bitcoin will rise again, but we do need to find a solution to increasing block sizes. People are not going to buy 1TB HDD just to store some of their money on it, unless it is like buying a safe for gold, or other similar analogy.

If we can find a solution that doesn't rip the community in half, that would be far better than what is happening currently, and what we now have to watch happen. This results in the loss of value because people have to create drama.

We can pass of the worry of a block size for now, but we must use this as a warning to start working on it. We can't force ourselves into a hard fork or another split when node owners and user's can't handle the massive data sizes being transferred.

Just keep working on everything, and we'll eventually find a way around this.

Keep calm and code on.
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January 16, 2016, 04:16:56 AM
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Truthfully, there is a very high likelihood that Bitcoin will rise again, but we do need to find a solution to increasing block sizes. People are not going to buy 1TB HDD just to store some of their money on it, unless it is like buying a safe for gold, or other similar analogy.

If we can find a solution that doesn't rip the community in half, that would be far better than what is happening currently, and what we now have to watch happen. This results in the loss of value because people have to create drama.

We can pass of the worry of a block size for now, but we must use this as a warning to start working on it. We can't force ourselves into a hard fork or another split when node owners and user's can't handle the massive data sizes being transferred.

Just keep working on everything, and we'll eventually find a way around this.

Keep calm and code on.

People need to buy hardware wallets, that's what they need to do. Either that or buy a 500GB harddrive to keep up if you really want to run a full node in 2016. This brings me to a point, it's 2016! You can use alternatives to full nodes. Either you hold enough Bitcoins to keep it save in a Trezor, or you buy a new harddrive or you have so little money at stake that a mobile app will do for you. 500GB harddrives are very cheap, even 1TB drives are cheap. If the block size was doubled to 2MB tomorrow, the space needed wouldn't explode all of a sudden either.
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