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Author Topic: Bitcoins true potential  (Read 6418 times)
satdas
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October 12, 2016, 07:17:18 PM
 #141

Bitcoins are getting a true potential and that is most of the times only becuase they know exactly what they do with their coins you know lots of people dont know waht to do with the coins.
which is correct the person knows how it works will have many advantage to see the real potential of btc but for those who doesn't have they are just speculating.
but i think there is nothing so much difficult to know about bitcoin or to learn it, i think it is just a simple investment  and any one can do it so easily and it do not need any special knowledge.
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Superbitzz
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October 12, 2016, 10:45:57 PM
 #142

to me the bitcoin true potential is above 1200USD at the end of the 2016 or just in the starting months of 2017. to me bitcoin price will really increase in next few months.
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October 13, 2016, 11:39:11 PM
 #143

to me the bitcoin true potential is above 1200USD at the end of the 2016 or just in the starting months of 2017. to me bitcoin price will really increase in next few months.
Well, if that happens I think is very good. but I guess bitcoin still have greater potential than that. bticoin price may reach $ 10,000, but I guess for now, this potential has not been seen, but I am pretty sure that potential that bitcoin has a great price right there
martinacar
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October 14, 2016, 01:13:29 PM
 #144

The value can also be a function of demand. What I mean is that if there is some good news that makes people panic buy, the price could spike higher than is should be worth just because of that temporary demand.

What i think is that very few people use bitcoin as compared to Fiat, So if more people started using the bitcoin it can increase its demand so much that it price can rise which we cannot imagine. Thats the true potential for bitcoins.

I think that the bitcoin true potential can not be reached unless if a lot merchants stat to accept bitcoin so that we can get more adopted globally and more people start to use bitcoin as an actual currency.
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October 14, 2016, 02:37:57 PM
 #145

Bitcoins true potential is to have such a high value per coin that it's not even realistic to say it but having a potential doesn't mean you WILL reach it though.
It's highly unlikely that we will see higher prices than 2k per coin while it could potentially be higher.
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October 14, 2016, 05:04:20 PM
 #146

Bitcoins true potential is to have such a high value per coin that it's not even realistic to say it but having a potential doesn't mean you WILL reach it though.
It's highly unlikely that we will see higher prices than 2k per coin while it could potentially be higher.
Why would that be highly unlikely? That will probably be reached right before the next halving because of speculators alone, don't even mention the increase of internet users in Africa and the fact that newer generations grow up with technology and older generations that didn't are slowly dying.
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