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Author Topic: 2016 Has Brought a Bitcoin Awakening  (Read 3304 times)
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June 26, 2016, 11:14:09 AM
 #61

Looking at this thread, to think that in mere months, the market cap has gone from 7 billion to an excess of 10 billion, while it took more than 7 years to get to 7 billion. Boy, does the tech world move fast.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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June 26, 2016, 11:36:23 AM
 #62

Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
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July 02, 2016, 08:49:15 AM
 #63

Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
This is a good news because we are still half year and we have already witness a good success on bitcoins, and with the current halving that is happening in the 2 half of the year we sell great changes in prices and would likely to end up to $1,000.

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July 02, 2016, 03:18:31 PM
 #64

Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
This is a good news because we are still half year and we have already witness a good success on bitcoins, and with the current halving that is happening in the 2 half of the year we sell great changes in prices and would likely to end up to $1,000.

The main difference with the current price and the past prices, when it achieved the 1000 dollars is this time bitcoin has a big community supporting it, being solo miners, big farmers and several holders. Bitcoin its just readjusting the value as the miners rewards will go down, it makes pressure into the miners and they are for sure the reason under the pump that should cross the 800 dollars this year.
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July 02, 2016, 04:10:27 PM
 #65

Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.
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July 02, 2016, 04:23:23 PM
 #66

Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high.
This is a good news because we are still half year and we have already witness a good success on bitcoins, and with the current halving that is happening in the 2 half of the year we sell great changes in prices and would likely to end up to $1,000.
Well we are experience of low increase this is not the same as 2013 when the price of bitcoin is increase fast at 1k value unlike right now we are still not experiencing it that the price is hit into 1k value.. well see after block halving maybe it will happen..

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July 02, 2016, 04:53:11 PM
 #67

Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.
I agree that it is no as high as VISA or even PayPal market cap but you can easily notice that since Op posted this thread in May Bitcoin capitalization rose from 7 billion to 11.9 billion now.
There are not many assets I know that can achieve similar grow percentage ratio. In fact bitcoin is the only one AFAIK.
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July 02, 2016, 04:58:41 PM
 #68

yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
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July 04, 2016, 04:34:35 AM
 #69

yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me.

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July 04, 2016, 04:46:51 AM
 #70

yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me.

This year only?? Look like you forgot some big happenings last year.

Also how did you know that we have good increase of adoption this year?

2016 adoption is a chaineffect of what the adoption stats of the past years brought in this crypto world.

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July 04, 2016, 08:06:19 AM
 #71

yes, I think 2016 is the year of revival bitcoin, even some media that preach about the increase in bitcoin. I think this year will be an interesting year for bitcoin. with so very many people who will be using bitcoin
Of course, because this is the only year where experience a good growth on bitcoins price and increase on adoption, this year the halving will also happen that is the most anticipated event for the investors here like me.

This year only?? Look like you forgot some big happenings last year.

Also how did you know that we have good increase of adoption this year?

2016 adoption is a chaineffect of what the adoption stats of the past years brought in this crypto world.
i think investing this year is more profitable than last year and at least that is base on my experience. I don't really know about others because the price is not the basis to be successful in investing here as we can make money even with little price fluctuations.

R


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July 04, 2016, 08:17:34 AM
 #72

Yes, I also think that the current market capitalization of bitcoin is still very small, and almost insignificant compared to other markets. It is true that this year its capitalization has considerably grown, but this is just the beginning of a long track to run.

At least the stone touched the water and the wave is spreading slowly
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July 18, 2016, 01:28:00 PM
 #73

The price rise this year could attract some people to the bitcoin and they might use bitcoin and help further price rise.

 
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