traderbit
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July 15, 2016, 07:52:27 PM |
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The next big thing can be if amazon or ebay implement the bitcoin on their system. Another big event can be if the block size would be increased for a double from now (2MB)
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European Central Bank
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July 15, 2016, 08:05:59 PM |
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I dotn think segwit will be much of a game changer, I dont think it will make more people want to invest.
pantera for instance said they had a bitcoin project that couldn't run until it scaled better. i'll bet there are many more too. alot of people will be holding back to see if bitcoin can truly serve the world or whether it remains a techno curio. scaling or not is the main barrier to that.
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c789
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July 15, 2016, 08:27:49 PM |
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The next big thing can be if amazon or ebay implement the bitcoin on their system. Another big event can be if the block size would be increased for a double from now (2MB)
Until Amazon and eBay realize what they're missing, there's always http://www.overstock.com/bitcoin
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abugseuf
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July 15, 2016, 08:30:24 PM |
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i think the next big even may be the increase of bitcoin while crossing the physiological limit and that is 1000 USD. i think that will be biggest event after that the price will again boost more high i think.
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philipma1957
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July 15, 2016, 10:28:31 PM |
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bitcoin does 300,000 transactions in a day . it can not grow much with that cap.
lets figure it this way 1mb means 1,000,000 and the smallest transaction in physical size is say 226 bytes so 1,000,000 divide by 226 = 4424 transactions in 1 block.
which is the perfectly largest amount. take 4424 x 144 = 637,056 cap hard coded and that would be with absolute perfectly small transaction
instead may transactions a 2000 bytes and we end up doing about 300,000 of 637,000 each day.
BTC may grow in price for a lot of reasons but with a 300000 practical cap on transactions along with 637,000 as the perfect max we will not grow as a transaction mover.
So long term nothing is getting done about it segwit and off chain solutions will lead to scam and theft so segwit is great for a price crash and destruction of confidence any one that disagrees with that is welcome to put a btc into an insurance fund for the thefts that occur from segwit. if they truly believe in the fund they would do so happily since they know it will work and will not cause theft.
a 1 mb to 2mb is stop gap but stop gap is better then segwit.
Personally I would like BTC and ETH form an alliance where btc acts like a highway and eth acts like a bus.
keep btc for bigger transactions keep eth for smaller transactions
keep btc basic keep eth gpu based
I believe this announcement with Intel AMD and Nvidia all onboard as eth coin backers would allow of the best of both worlds and would sky rocket the two coins to new heights say 2000 a coin and 60 a coin respectively
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Doamader
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July 15, 2016, 11:15:53 PM |
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I hope Apple or other companie besides microsoft accept bitcoin to purchase their products, would be insane to have more companies joining the game about bitcoin. Atleast this is my hope bitcoin achieve big companies then small merchants.
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European Central Bank
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July 16, 2016, 01:23:58 AM |
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I hope Apple or other companie besides microsoft accept bitcoin to purchase their products, would be insane to have more companies joining the game about bitcoin.
can anyone point to any company accepting helping the price along? i can't think of any examples. at the end of the day the only group it would appeal to is people who already have bitcoin and there ain't too many of them. why would someone who wants a new iphone buy bitcoin with their credit card first so they can buy it? they'd buy with the card. the only thing that would make a difference would be huge discounts and margins ain't exactly generous enough to allow that. for now retail's a dead end. before it's used for that more people need to believe bitcoin is there to preserve their wealth.
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teddy5145
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July 16, 2016, 01:33:18 AM |
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...any idea?
Bitcoin's only need is an international news report, it should be a good and informative report and once that happened, expect a thousands of people that will search bitcoin in Google. New users means new demand, new demand means price increase. Well most of the news about bitcoin on the internet is the negative one Instead of pulling everyone closer to bitcoin it only drive them apart from bitcoin ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) But, there are many companies starting to integrate bitcoin into their system, which is good ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Their demand will affect the price I am sure of it
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pooya87
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July 16, 2016, 06:28:34 AM |
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don't worry to much you will notice it when it happens. such news that is both big and effective on bitcoin price will spread like wildfire and everybody will know it when it happens, but you can't predict what it'll be. it can be another economical devastation of a country or it can be a new big company like steam accepting bitcoin.
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Amph
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July 16, 2016, 06:34:43 AM |
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Hmmm.... I guess that will be the blocksize increase. If we can successfully increase the block size and scale up, and without compromising the network, that will the greater than the reward halving. However, there is no date to that yet!
nah i don't think so, tech specs, are only known by the jerk folks, the vast majority of average joe, don't know shit about segwit, LN and akin the price will increase slowly, regardless of those event, but the real propeller would be something that make average joe believe that is a better choice over fiat, maybe government accepting it more via regulation...
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beastmodeBiscuitGravy
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July 16, 2016, 07:04:39 AM |
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Hmmm.... I guess that will be the blocksize increase. If we can successfully increase the block size and scale up, and without compromising the network, that will the greater than the reward halving. However, there is no date to that yet!
nah i don't think so, tech specs, are only known by the jerk folks, the vast majority of average joe, don't know shit about segwit, LN and akin the price will increase slowly, regardless of those event, but the real propeller would be something that make average joe believe that is a better choice over fiat, maybe government accepting it more via regulation... So those who throw/extract millions of $ at/from the bitcoin supply don't know jack shit about the network and its potential? It's the average jodad tossing some dice or getting fleeced buying shitcoins on yobit that influence the price?
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qiwoman2
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July 16, 2016, 07:06:05 AM |
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I see more and more online marketers and investors now turning to bitcoin and a surge of new lay persons entering the bitcoin field, so I think as more and more people need to work online, many of them will turn to using bitcoin in various sites/investments. Like anything though this will take some time to come into full effect.
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mkc
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July 16, 2016, 07:49:02 AM |
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Some really cool app show up so that my mom ask me how to do Bitcoin over her phone.
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grim007
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July 16, 2016, 08:04:12 AM |
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i think halving is the only major event in btc that inflate too much orice. after that is the dumping of btc buy the big whales. expect that. hahhaa
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Herbert2020
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July 16, 2016, 08:43:19 AM |
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Hmmm.... I guess that will be the blocksize increase. If we can successfully increase the block size and scale up, and without compromising the network, that will the greater than the reward halving. However, there is no date to that yet!
nah i don't think so, tech specs, are only known by the jerk folks, the vast majority of average joe, don't know shit about segwit, LN and akin the price will increase slowly, regardless of those event, but the real propeller would be something that make average joe believe that is a better choice over fiat, maybe government accepting it more via regulation... them not knowing these technical stuff can actually help the hype of such a news grow bitcoin price. and on the other hand all those big investors in bitcoin know at least some stuff about the technical stuff about bitcoin so they will read about the block size and any change can actually have a big effect.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Searing
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Clueless!
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July 16, 2016, 09:20:30 AM |
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...any idea?
Ebay take BTC like Newegg would do the trick (doubtful but it would indeed cause a pump imho)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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Capradina
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July 16, 2016, 09:27:29 AM |
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I hope Apple or other companie besides microsoft accept bitcoin to purchase their products, would be insane to have more companies joining the game about bitcoin. Atleast this is my hope bitcoin achieve big companies then small merchants.
I think all the big companies do the acceptance of payment depends on the condition of the company. Because sometimes they don't take things that are too complicated to be done (they are looking for a simple and easy) in the sense that they are doing a simplification in any data obtained. But it could have happened, if the market really needs a bitcoin in any transaction conducted
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GreenBits
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July 16, 2016, 12:58:04 PM |
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If Hearn leaving could move the price, then certainly segwit on the ground should increase confidence. Also, if we see anyone else exiting the European Union, or needing a huge government wide bailout, price should react. Finally, adoption by a major retailer, or payment processor.
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European Central Bank
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July 16, 2016, 02:00:19 PM |
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nah i don't think so, tech specs, are only known by the jerk folks, the vast majority of average joe, don't know shit about segwit, LN and akin
average joe is irrelevant. there are enough switched on people who might be interested in it who decide to sit it out and wait when they realise how limited it is. there are tons of influential people who need to get on board. average joe does what they tell him to do.
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Leonard2016
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July 16, 2016, 02:31:18 PM |
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I hope Apple or other companie besides microsoft accept bitcoin to purchase their products, would be insane to have more companies joining the game about bitcoin.
can anyone point to any company accepting helping the price along? i can't think of any examples. at the end of the day the only group it would appeal to is people who already have bitcoin and there ain't too many of them. why would someone who wants a new iphone buy bitcoin with their credit card first so they can buy it? they'd buy with the card. the only thing that would make a difference would be huge discounts and margins ain't exactly generous enough to allow that. for now retail's a dead end. before it's used for that more people need to believe bitcoin is there to preserve their wealth. it depends on the company and much it is being received by its customer. for example a small company with small number of users is not gonna affect anything. also the effect is not gonna be right away. it will take a long time so people start to realize that bitcoin is in fact a real currency and not just something for the nerds to play with.
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