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Author Topic: Bitcoin VS Time  (Read 2734 times)
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August 28, 2016, 04:20:21 AM
#21

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. 

True, but even the price is dumped and lowered  the bitcoins price because of bitfinex hacked coins but as we can see it still manages to increase its price gradually. We really do expect some  up's and downs of  the price and its normal because of some circumtances but still  the uptrend  is still there, we must all be patient.

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August 28, 2016, 09:00:52 AM
#22

I think this year is indeed a remarkable year for me.
Given that this is the year when I started. But aside from that, a lot of things happened like the fall of Bitfinex and HashOcean and wrong speculations like bitcoin would reach $1000 after halvening or something like that.
I had a lot of experience already and I think this is not the end.

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August 28, 2016, 09:26:47 AM
#23

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

Well it did came back to its good price thanks to the bad reputation. In time, I think it will grew more. It is so young to be critcized so much and yet it stays and much more growing once a new bad reputation came. They didnt think that making a bad news is a good advertisement and maked people think what the hell is bitcoin.

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August 28, 2016, 10:03:17 AM
#24

All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period.

not clear on this but if you mean can any of the altcoins which you consider as competition beat bitcoin then the answer is a big fat NO.

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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$

that rise was from 200-300 up to 1000 and I may be wrong about the start but it definitely was not $5

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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 don't think we can ever see a rise with that speed ever again because the market size has grown a lot and it is not as easy to manipulate it and make the price go that high.

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August 28, 2016, 10:13:43 AM
#25

I think this year is indeed a remarkable year for me.
Given that this is the year when I started. But aside from that, a lot of things happened like the fall of Bitfinex and HashOcean and wrong speculations like bitcoin would reach $1000 after halvening or something like that.
I had a lot of experience already and I think this is not the end.
This is the same situation last year so i think this is not the case that the price of bitcoin right now is low even those exchanger and hashocean is not down or crash the price will stay remain and i think the price of bitcoin will not increase unless if someone can invest a lot of bitcoin .. many people are waiting for price decrease and they want to buy a lot bitcoin again.. so its a common problem that the price of bitcoin will decrease and increased..

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August 28, 2016, 10:18:59 AM
#26

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.  

Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.

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August 28, 2016, 10:41:06 AM
#27

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.

I also agree with that and because of that I am still in bitcoin and still putting my money in bitcoin, I know that bitcoin is now a much stronger currency and if the price drops down then it will not be harmful and will recover sooner within a shorter time. Now a lot of people have their money in bitcoin and that is making its base much more stronger for the future that none of the tragedy can harm this currency.


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August 28, 2016, 10:45:33 AM
#28

Matter of time perhaps we don't know for sure. Because it is a secret. However I think that bitcoin is not going to be a bad currency in the future, because surely everyone will still use for some things though there is already a digital currency becomes heavy competitor of bitcoin. Because for a long time already used bitcoin and give you an advantage
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August 28, 2016, 10:52:16 AM
#29

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'm not with the bitcoin community sincel ong time but .. Both SegWit and Lightning network should come in the future, developing Bitcoin more and more will bring people and cause a price increase .
If people lost their funds in Mt.gox then It's because they  stored their coins in an online exchange, people probably didn't have much knowledge back then but what is their excuse in the recent hacks like in Bitfinex ? there isn't any , same thing for ponzi schemes (HashOcean where few millions were stolen as well) , All those things affect the price.
We don't need price increase with maniuplation and stuff , we want something that increase with stability.

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September 11, 2016, 12:19:31 PM
#30

Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.
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September 11, 2016, 04:15:34 PM
#31

Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.

You are right with it, I am treating bitcoin as online gold. And as the time goes by for sure many are going to see the potential of bitcoin and many people are going to think about that bitcoin is the future online gold or even a good substitute for investing with gold. And we can see that bitcoin and gold is becoming the same in the characteristic of keep on increasing its value as the time goes by.

yup for now, i keep my bitcoin and i am waiting for good rate to sell it. i am sure that from time to time, the rate of bitcoin will be increase for sure and if the rate is good as i want, maybe i will sell it and make money from it. but for now, maybe i will watch how much this rate will increase.

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September 11, 2016, 05:52:47 PM
#32

Base on my prediction bitcoin will be like gold rare cryptocurrency during a period of time because year by year the bitcoin value will rise so I think like gold this item is decreasing now a days. So it is better to earn bitcoin now and wait to turn this to happen. Bitcoin has no opponent in this matter. Its different from alt coin which has opponent.
Yes, bitcoin itself says its value as it goes price rise up. No other altcoin will surpass bitcoin as what bitcoin done in the market ,expecting more that the time when bitcoin near s to halving time and after halving a sure big tendency of change happens .
Yes ,bitcoins can be like a rare gold cryptocurrency ,but bitcoin differs a lot which makes gold out of this sequence.
Time goes by and bitcoin price continue to inflate just like a limited offer from time to time.


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September 11, 2016, 06:06:02 PM
#33

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.  

Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.

What if the hacker lives in a well developed country where he can exchange his coins in p2p transaction locally without involving exchanges. There is high risk with such possibility but it can by pass the exchanges. Another try is since he has a lot of coins he can try a mixing service in the dark net. At that place no one gives a damn from where the coins come from or how the person got on hold of them. So these coins can be dumped pretty easily but I think the hacker is waiting for some time to pass before exchanging them.

Bitcoin vs Time ? Time is a big ally of bitcoin as with the passing of it the user base only keep increasing. That says it all, bitcoin will be stable and maybe even go up in price for the coming years.

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September 11, 2016, 06:57:59 PM
#34

People are fixated on the price and where it will be in the future, but if they could just shift their focus on helping to spread the word on Bitcoin,

we would not have to worry what the price will be, because it will increase with every person introduced to Bitcoin, because they will buy

Bitcoin and it will push up the price. MtGox did not push up the price, Willybot did it.  Wink

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September 11, 2016, 06:59:35 PM
#35

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 don't think there's ever been a better year for Bitcoin than 2013, and I personally don't think that there has ever been a better year than that. There have definitely been some advances and so made recently, but I think so far the best year we have been has been 2013. I'm curious if there are more things that can happen within the next year to make it better than 2013. Unlikely, but it would be interesting.














 

 

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September 11, 2016, 07:00:30 PM
#36

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.  

Try to see it from a different point fo view.
The hacker won't be able to cash out or exchange that coins for other cryptos for a very very long time.
Everybody is watching those adresses and all exchanges and mixers know about it.Each move will be traced.
So you can see it as 100k coins less in circulation.

What if the hacker lives in a well developed country where he can exchange his coins in p2p transaction locally without involving exchanges. There is high risk with such possibility but it can by pass the exchanges. Another try is since he has a lot of coins he can try a mixing service in the dark net. At that place no one gives a damn from where the coins come from or how the person got on hold of them. So these coins can be dumped pretty easily but I think the hacker is waiting for some time to pass before exchanging them.

Bitcoin vs Time ? Time is a big ally of bitcoin as with the passing of it the user base only keep increasing. That says it all, bitcoin will be stable and maybe even go up in price for the coming years.
he'd have to use tons of small mixers, and that'd take lots of time, but the coins will likely be transferred. Any mixing service will work, as long as it mixes correctly and he doesn't mix them all at once.
This issue will be forgotten in a few years, and it'll be remembered as just another Mt. Gox in the next year or two.














 

 

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PsursV
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September 11, 2016, 07:15:32 PM
#37

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.
yes i am agree with you. i think this year is really a best year for bitcoin, as we can see that there are a lot of fluctuation seen in the price of bitcoin. but the price of bitcoin also become double in this hear, so we can hope that the next year will also be a good year for bitcoin and we will hear some good news about bitcoin.
Herbert2020
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September 12, 2016, 05:10:24 AM
#38

people like OP should really stop worrying too much about bitcoin price and the future of their little investment. if you want to think about bitcoin ONLY as an investment then first learn trading and all the tips and tricks of it then come back and invest in it properly not a small amount that you bought on the peek because of fear of missing out and now you are worried about your money.

other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.

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Kakmakr
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September 12, 2016, 05:36:35 AM
#39

people like OP should really stop worrying too much about bitcoin price and the future of their little investment. if you want to think about bitcoin ONLY as an investment then first learn trading and all the tips and tricks of it then come back and invest in it properly not a small amount that you bought on the peek because of fear of missing out and now you are worried about your money.

other than that you should try to think of bitcoin as it was meant to be as a currency not a get rich quick scheme.

It is natural that most people, who are new to Bitcoin and who heard stories and saw stats on it's price history, that they might think the price will go to those levels again. Bitcoin and other Alt coin are also continuously hyped up, so people have a certain expectation about it's performance.

Let them experience it for themselves, we all did.

pocarime32
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September 12, 2016, 05:54:23 AM
#40

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. 

Really ? Even with bitfitnex hack, the price of bitcoin back to normal again. For me, 2016 is really a good year for bitcoin, because we have the halving and it's make the price of bitcoin increase so high.
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