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August 27, 2016, 05:23:57 PM
 #1

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember

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August 27, 2016, 05:26:48 PM
 #2

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 



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August 27, 2016, 08:40:00 PM
 #3

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
though for the bitcoin price it is not too bad of a year if you are an investor as it should have given you some decent profit to be honest

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August 27, 2016, 08:54:53 PM
 #4

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

I Think this year will not be remembered as a bad year for bitcoin, but this year will be remembered as a lucky year for bitcoin, as the price of bitcoin already doubled up in this year and even after two hacks 1,00,000+ Bitcoin hack it remained much stronger and people are still with it and are putting their money and are starting their businesses with it without any fear.


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August 27, 2016, 08:56:23 PM
 #5

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
its just like the same last year when scriptsy also down last year they are just the same hack also the price of bitcoin also crash the same as this year.. i think this is just a common problem about bitcoin we dont need to relay in that bitcoin will stay alive and the price of bitcoin for me its still high.. than last year.. so it means bitcoin is changing and the price is increasing..

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August 27, 2016, 09:03:29 PM
 #6

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
But a low price encourage more people to buy bitcoin which is not possible for them if prices are too high.In other words dump is good to some extent

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August 27, 2016, 09:13:12 PM
 #7

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
it will not happen again, the prices rise like when it might be the only hope is the price may return to top $ 1,000 so that all prosper and i honestly hoping in future the price can be increased by 150% -250%.

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August 27, 2016, 11:51:10 PM
 #8

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
I have remember 2013.people was panic price was skyrocket that time people think they will reach moon soon and you see what happening later 2013.That very tough time for bitcoin people was start claiming bitcoin is ponzi.Now bitcoin have better position.I don't think this will happen again and personally bitcoin should not need skyrocket. Smiley


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August 28, 2016, 12:19:24 AM
 #9

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
though for the bitcoin price it is not too bad of a year if you are an investor as it should have given you some decent profit to be honest

It is true. This year bitcoins has given quite good profit for all investors. It is good for any market to have smaller corrections now and than otherwise if always move up one direction then surely one day it will fall suddenly. I hope now prices are stabilising around 580 range and in the next move it may cross 700.

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August 28, 2016, 12:34:39 AM
 #10

By reading comments i have noticed that its not right to say that time can be the reason to alter the bitcoin price at this moment but the hackers instead. Theres a good and bad things about it. the good things is bitcoin will not suddenly die as this will give to more people an offortunity to buy at low rate so the market affects to high. And the bad thing is mostly those big companies are the victims and people with them.
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August 28, 2016, 12:43:47 AM
 #11

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 
though for the bitcoin price it is not too bad of a year if you are an investor as it should have given you some decent profit to be honest

It is true. This year bitcoins has given quite good profit for all investors. It is good for any market to have smaller corrections now and than otherwise if always move up one direction then surely one day it will fall suddenly. I hope now prices are stabilising around 580 range and in the next move it may cross 700.

I dont thinks so that this year is the year of bitcoin because i expect to much with the price ? or the falling price of bitcoin is very unexpected to me. haha Im just new to bitcoin thats why i expect to much with it so for me this year is not the year of bitcoin not like way back 2012 Cheesy



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August 28, 2016, 01:24:48 AM
 #12

The only spectation now its at the begining of 2017 with the new version of megaupload working with bitcoin, my faith is that the project will affect bitcoin almost instant, but lets see, i do believe this year the halving showed us to dont be too greedy people,and sure bitcoin even being decentralized, its value its affected by good as well bad news.



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shinratensei_
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August 28, 2016, 01:37:54 AM
 #13

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard.  
In the different view in 2016 have a good experience because the price is doubled compared the past year in 2015 at the price of bitcoin just in $350. and I think bitfinex it's smaller cases comparing with the previous cases of the bitfinex cases .

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23dzmaz
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August 28, 2016, 01:44:02 AM
 #14

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

2016 is one of the best year of bitcoin so far. The price of bitcoin increase up to 2 times because the halving happened and my prediction on 2017, i don't think it will be good like 2016.
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August 28, 2016, 02:20:50 AM
 #15

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember
I have remember 2013.people was panic price was skyrocket that time people think they will reach moon soon and you see what happening later 2013.That very tough time for bitcoin people was start claiming bitcoin is ponzi.Now bitcoin have better position.I don't think this will happen again and personally bitcoin should not need skyrocket. Smiley
Bitcoin can't reach moon without first setting its own problems and evolve. That 2013 price spike was artificial pump it was not sustainable.
To maintain high stable price we need adoption, bigger user base, greater infrastructure, mainstream acceptance and wise regulation.

Not speculation.

BTCLovingDude
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August 28, 2016, 03:39:00 AM
 #16

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ to 1000$ and i do not think we have seen any year like that.so can anyone can say about it?or any precious year your remember

it wasn't a rise from 5 to 1000 and also mtgox was not the only reason for it, it was like a fuel to an already rising rocket.
the rise so far is generic and is happening slowly with little manipulation ever and so it is more stable with less risk of big drops. and as long as bitcoin usability continues to grow the price will grow with it.

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August 28, 2016, 03:47:10 AM
 #17

we were on a steady rise to $1k this year until the bitfinex hack happened... so i think we'll make it just may take longer Smiley
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August 28, 2016, 04:00:19 AM
 #18

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard.  
2016 is not a bad year for bitcoin, neither is a good year for bitcoin because if you compare the price of btc  before july 2016 and today's price, then you can pretty much say that btc has already made a good growth in this year. but then the bitifinex hack has stopped the growth for a while but it didnot either cause a big disaster in the price of btc. we are still too high compared to the prices before july. so we have to be happy with the current market price because atleast it is not beyond the last year's price. just my 2 cents! Cheesy
Leonard2016
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August 28, 2016, 04:04:11 AM
 #19

we were on a steady rise to $1k this year until the bitfinex hack happened... so i think we'll make it just may take longer Smiley

i agree with this.
we are still on the way to the top with the price. and there is nothing changed with bitcoin.
besides we already had a very good rise this year. people seem to have forgotten that price was $380-$430 not long ago and now we are at $570ish

nothing to see here...
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August 28, 2016, 04:05:10 AM
 #20

I think this year 2016 will also be remembered as a bad year for bitcoin due to recent bitfinex hack. In which 1,00,000+ bitcoin were stolen which is comparatively big and due to which market get dumped so hard. 

I Think this year will not be remembered as a bad year for bitcoin, but this year will be remembered as a lucky year for bitcoin, as the price of bitcoin already doubled up in this year and even after two hacks 1,00,000+ Bitcoin hack it remained much stronger and people are still with it and are putting their money and are starting their businesses with it without any fear.

True.correct indeed . It is still considered lucky only to the fact that it still survive tho year that no matter what happen no matter what the hackers did . The bitcoin the bitcoin community is still here. We still experiencing it and still got a chance to gain benefits.

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