CoinHopper
Sr. Member
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Activity: 280
Merit: 250
Two heads are better than one.
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February 21, 2016, 08:39:22 AM |
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I doubt that's going to happen in 2 years time. However, in 5 years time, this is foreseeable to say the least.
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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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NorrisK
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Activity: 1946
Merit: 1007
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February 21, 2016, 11:02:09 AM |
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People still need to get used to the fact that when they go into bitcoin, they don't hold a phsyical item anymore.
Luckily, even though it is not phsyical, you are actually completely in control over your own bitcoins, which is something you don't have when you have fiat in a bank account.
I think you may be right that we will see a substantial increase in the near future, but 5000 may be a bit too much. I'm still thinking 3000 will be the top of the next real rally.
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BitMaxz
Legendary
Online
Activity: 3248
Merit: 2965
Block halving is coming.
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February 21, 2016, 11:14:09 AM |
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$5000 soon ?!? That's impossible maybe $500? and i think the limit price will rise this year is $600-$700 as my speculation. There's no reason that the price should rise to $5000 and i think halving can only increase more above the average of $600-$700 This coming july. We don't know what will happen in the future.But i am still hoping that the price will rise to $5000 maybe it will happen in this year.
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jkrules
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February 21, 2016, 12:19:57 PM |
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People still need to get used to the fact that when they go into bitcoin, they don't hold a phsyical item anymore.
Luckily, even though it is not phsyical, you are actually completely in control over your own bitcoins, which is something you don't have when you have fiat in a bank account.
I think you may be right that we will see a substantial increase in the near future, but 5000 may be a bit too much. I'm still thinking 3000 will be the top of the next real rally.
Nope pal, no chance to reach 3000$ or 5000$ in this block halving Maximum It will be reach upto 1000$ I guess But this not a fair speculation from you.
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Hyena (OP)
Legendary
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Activity: 2114
Merit: 1011
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February 21, 2016, 12:23:07 PM |
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People still need to get used to the fact that when they go into bitcoin, they don't hold a phsyical item anymore.
Luckily, even though it is not phsyical, you are actually completely in control over your own bitcoins, which is something you don't have when you have fiat in a bank account.
I think you may be right that we will see a substantial increase in the near future, but 5000 may be a bit too much. I'm still thinking 3000 will be the top of the next real rally.
Nope pal, no chance to reach 3000$ or 5000$ in this block halving Maximum It will be reach upto 1000$ I guess But this not a fair speculation from you. No chance? Are you kidding me? Don't you know anything about bitcoin? It went from 10 to 270 in 2013. And idiots like you sold at 20$ and regretted for their entire life. A 27x rise is nothing new to bitcoin and it happens all of sudden, without any warning.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 21, 2016, 12:31:00 PM |
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People still need to get used to the fact that when they go into bitcoin, they don't hold a phsyical item anymore.
Luckily, even though it is not phsyical, you are actually completely in control over your own bitcoins, which is something you don't have when you have fiat in a bank account.
I think you may be right that we will see a substantial increase in the near future, but 5000 may be a bit too much. I'm still thinking 3000 will be the top of the next real rally.
Nope pal, no chance to reach 3000$ or 5000$ in this block halving Maximum It will be reach upto 1000$ I guess But this not a fair speculation from you. No chance? Are you kidding me? Don't you know anything about bitcoin? It went from 10 to 270 in 2013. And idiots like you sold at 20$ and regretted for their entire life. A 27x rise is nothing new to bitcoin and it happens all of sudden, without any warning. Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick.
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Hyena (OP)
Legendary
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Activity: 2114
Merit: 1011
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February 21, 2016, 12:39:21 PM |
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Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick.
Yeah right, really legit argument, NOT. You think they didn't say the same thing back then? Read the OP. Bitcoin is not even 1% of gold's market cap. 1% price change of gold is a piece of cake. Gold has risen 20% with the past 2 months.
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BTCBinary
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February 21, 2016, 01:20:01 PM |
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That would be absolutely great. If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years
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Hashminers
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February 21, 2016, 02:23:27 PM |
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That would be absolutely great. If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years
Yeah it will never happen. Well never. Not very soon. It means the market cap will grow x10 which is not realistic. But the future will be profitable i think. Guess we will have to see what the halving will bring.
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Pitchblackroom
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February 21, 2016, 02:41:18 PM |
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This is definitely not an event that will occur "soon" but may be in the future, still too early to tell since the confidence of Bitcoin has been having ups and downs.
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❱❱ | | ██ █║█ ║║║ ║║║ █║█ ██ | | | | | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | e i d o o ██
| | ▄██▄ ▄██████▄ ▄██████████ ▄██████████▀ ▄▄ ▄██████████▀ ▄████▄ ▄██████████▀ ████████▄ ██████████▀ ▀████████ ▀███████▀ ▄███▄ ▀████▀ ▄█▄ ▄███▄ ▀███▀ ▄███████▄ ▀▀ ▄█████▄ ▄███████▄ ▄██████████ ▄█████████ █████████ ▄██████████▀ ▄██████████▀ ▀█████▀ ▄██████████▀ ▄██████████▀ ▀▀▀ ▄██████████▀ ▄██████████▀ ██████████▀ ▄██████████▀ ▀███████▀ █████████▀ ▀███▀ ▄██▄ ▀█████▀ ▄██████▄ ▀▀▀ █████████ ▀█████▀ ▀▀▀ | | | | | ██ █║█ ║║║ ║║║ █║█ ██ | | ❰❰ | | |
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HarryKPeters
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February 21, 2016, 03:08:39 PM |
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If you mean with soon 5 years then you are right OP, but don't expect the price to go this high anytime soon. It's just not realistic and expecting this is done by retards.
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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February 21, 2016, 03:16:04 PM |
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Maybe in the future 5000$ will be happen not this year.. This year the price should be rise to $700 and it will going back to below 600.. I Hope that after halving the price should rise to $700 this coming july..
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Solving blocks can't be solved without my rigs.
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ultimatesky
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February 21, 2016, 05:10:16 PM |
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Soon ? I dont think that will happen soon. It will rise very slowly I think. That will be maybe after 20 years or something. You can never know what is going to happen in the future. Predict a currency is very very hard.
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Koamder
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February 21, 2016, 05:38:18 PM |
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This is definitely not an event that will occur "soon" but may be in the future, still too early to tell since the confidence of Bitcoin has been having ups and downs.
Maybe in the future. I think it might happen in 5 years time. The price will not be that high in the next two years.
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fravia
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February 22, 2016, 11:33:52 AM |
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soon? compared to time that humans lives in earth, it will happen soon, but for bitcoin, 5 years will be alot, and i don't think that it will go to 5000$ earlier than after 5 years
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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February 22, 2016, 11:53:33 AM |
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Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick.
Yeah right, really legit argument, NOT. You think they didn't say the same thing back then? Read the OP. Bitcoin is not even 1% of gold's market cap. 1% price change of gold is a piece of cake. Gold has risen 20% with the past 2 months. The entire world is standing behind Gold. Tell me who's standing behind Bitcoin beside a few wealthy traders who are only interested in short term profits?
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afbitcoins
Legendary
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Activity: 2100
Merit: 1061
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February 22, 2016, 12:07:16 PM |
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Bitcoin has proven to be a store of value when capital controls are imposed, cf cyprus, greece, china. Bitcoin has risen by magnitudes of 10x or greater in short periods of time more than once already. Conclusion; this idea is not at all far fetched.
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n0ne
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February 22, 2016, 01:33:19 PM |
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Back then the money required to pump up the price was significantly lower than now. Right now it will take much more money to do the same trick.
Yeah right, really legit argument, NOT. You think they didn't say the same thing back then? Read the OP. Bitcoin is not even 1% of gold's market cap. 1% price change of gold is a piece of cake. Gold has risen 20% with the past 2 months. The entire world is standing behind Gold. Tell me who's standing behind Bitcoin beside a few wealthy traders who are only interested in short term profits? Because of the universal acceptance most people are behind the gold. Just a part of the bitcoin users are behind bitcoin. The price can reach $5000 only after universal acceptance. To the max it may reach $500 in a short time.
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JosNekoKopa
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February 22, 2016, 01:48:31 PM |
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To whom to believe? Some says bitcoin will be dumped before or during halving because every pump is based on good news. And every dump happens little before or during this good events..
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