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Author Topic: Bitcoin VS Time  (Read 2737 times)
hawkins
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September 12, 2016, 06:06:44 AM
 #41

This year bitfinex hack happened, it causes bitcoin prices fell after rising to $ 700, but I feel if it does not happen, bitcoin prices will reach $ 1,000 in a short time. I think if something like this does not happen again, perhaps in the near future, bitcoin prices will go up quickly, and reached the highest price again.

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September 12, 2016, 07:11:38 AM
 #42

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.
yeah i think 2016 is a great year for bitcoin, after the bitfinex incident, bitcoin still stable, and there is a price movement before halving and for sure the price in 2016 is better than in 2015, so just hope there wont be any bad incident again that can bring bitcoin down
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September 12, 2016, 07:40:28 AM
 #43

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.
yeah i think 2016 is a great year for bitcoin, after the bitfinex incident, bitcoin still stable, and there is a price movement before halving and for sure the price in 2016 is better than in 2015, so just hope there wont be any bad incident again that can bring bitcoin down

That is truly a bad incident. The good part is we didnt go back to a very low price. Although there are lot of coins that is stored there. Something prevented the Grand Fall to happen.

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September 12, 2016, 07:54:13 AM
 #44

2017 will be the year of Bitcoin everybody remembers - price increase from $800 to $7000
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September 12, 2016, 08:37:39 AM
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All the altcoins and all the faint are the compitetors of bitcoin but can it beat itself on the time period. We know that before a long time ago during bitcoin launch time mt. Gox exchange was the reason who rised its price from 5$ 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 see any bad things happen now in bitcoin especially this the whole 2016 period will be the most profitable experience to each and every member  of this forum. It is quite good to know that the price value anyhow became stable this year. and it will be considered as a good to remembered.

                                 
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September 12, 2016, 09:09:19 AM
 #46

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.
In my opinions the best advantages caused by halving is not about the price of bitcoin is increases for a lot but about in their stabilization is not like the previous year because the price is very volatility and if bitcoin getting the decrease in their price, that is will excavate a lot of value.

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September 12, 2016, 09:35:20 AM
 #47

I joined this year, 2016 is my year. So many things happened and I learned so much about bitcoins. I can`t speak about years before, I didn`t even know about bitcoins and crypto world.
I can objectively say that bitcoin have more casinos in this moment then in years before this one, also shops, steam started to accept bitcoin. Some people talk about hacks, and stolen bitcoins, well things that worth are often on the target of criminals. People say gold, fiat, well I know, and everyone knows that gold has been stolen since beginning of the world, fiat also, diamonds, cars, everything. So why someone to not try to steal bitcoins?
Its a bad argument that someone is robbed, or hacked, that happened before and will happen in future. That is another topic, why its happening and how we can stop people from doing bad things.

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September 12, 2016, 09:55:32 AM
 #48

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. 
Yeah, but in 2016 bitcoin also has good increased started about $400 and be able reach until above $700 and then bitfinex got hacked. But, as we can see that bitcoin price could recover to $600 again, we just hope it will rise in the end of this year.


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September 12, 2016, 10:31:43 AM
 #49

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 don't think that we can call it a bad year for Bitcoin just because of one event that occurred. Although, the price did drop quite a lot around the middle of the year but it is going back up, so that is definitely not a bad thing.

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September 12, 2016, 12:43:29 PM
 #50

Although Bitfinex was hacked , still Bitcoin finds its support among people.

Projected rate of Bitcoin in 2017 is around $1000

Undoubtedly, Bitcoin would be the future currency of the world

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September 12, 2016, 12:51:16 PM
 #51

There will always be negative events in any financial market. 'A Bad year for bitcoin' isn't defined purely by one or two negative events, or the fact that bitcoin values haven't grown as much as you would hope (which is still around 39% since January 1st - an above average result for any financial market).
Considering that bitcoin is becoming more widely accepted, 2016 could be seen as a success regardless of the change in bitcoin value - for example, you can now spend your bitcoin at Dunkin Donuts. This is a massive win for the acceptance of bitcoin into society.
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September 12, 2016, 02:40:52 PM
 #52

2017 will be the year of Bitcoin everybody remembers - price increase from $800 to $7000

Wow, do you have some pretty good evidence or what background you say it..?? . because I see that the growth of the bitcoin is still pretty stable, so in the next year (2017) I think the price is bitcoin has not reached $ 7000.

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September 12, 2016, 02:45:58 PM
 #53

2017 will be the year of Bitcoin everybody remembers - price increase from $800 to $7000

Wow, do you have some pretty good evidence or what background you say it..?? . because I see that the growth of the bitcoin is still pretty stable, so in the next year (2017) I think the price is bitcoin has not reached $ 7000.

there is a big chance that bitcoin will pump up next year but not around 1000 to 7000 dollars, everyone has their own opinion with it and there is no accurate changes to say as early.
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September 12, 2016, 02:55:28 PM
 #54

the two biggest factors come against each other and there is a happy place somewhere in the middle.  the increasing difficulty, mixed with the lowering block rewards over time create a truly scientific environment.  people are the odd factor, but they act based on a series of factors too.  eventually, prior to the entire number of coins coming into circulation, the price will find a place and settle in for a long time, maybe here at $600, then once the currency is accepted and used to a large degree by the general population, the price will alter again and eventually settle in at a new price, finally, once the last coins come out and there are no more, a new happy price will eventually emerge
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September 12, 2016, 03:05:44 PM
 #55

i would argue that it was Gox that raised the bitcoin price, the price of bitcoin is based on the fundementals at the time and the size of user base.  Gox did however let likeminded people exchange something that really is great when you incounter it.
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September 12, 2016, 03:25:51 PM
 #56

2017 will be the year of Bitcoin everybody remembers - price increase from $800 to $7000

Wow, do you have some pretty good evidence or what background you say it..?? . because I see that the growth of the bitcoin is still pretty stable, so in the next year (2017) I think the price is bitcoin has not reached $ 7000.

there is a big chance that bitcoin will pump up next year but not around 1000 to 7000 dollars, everyone has their own opinion with it and there is no accurate changes to say as early.

Yes everyone has it's own opinion but opinion should have some basis compare to speculation.

Any support for that "big chance" you are talking too pointing to that pump? Im sure you will not say that if you don't see any factors about that thing "next year".

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September 12, 2016, 03:29:22 PM
 #57

2017 will be the year of Bitcoin everybody remembers - price increase from $800 to $7000

Wow, do you have some pretty good evidence or what background you say it..?? . because I see that the growth of the bitcoin is still pretty stable, so in the next year (2017) I think the price is bitcoin has not reached $ 7000.

there is a big chance that bitcoin will pump up next year but not around 1000 to 7000 dollars, everyone has their own opinion with it and there is no accurate changes to say as early.

Yes everyone has it's own opinion but opinion should have some basis compare to speculation.

Any support for that "big chance" you are talking too pointing to that pump? Im sure you will not say that if you don't see any factors about that thing "next year".

Giving opinion is not just like that you can say something , their should be some logic to say the price, from $800 to $1000 is ok because that much price can move up in the next coming year as their is so much time that we can get nice news about bitcoin supporting or else some trading news also can come.

In my view logically $800 to $1000 price is achievable in 2017
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September 12, 2016, 03:31:08 PM
 #58

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.
Really? I thought that every year without new ATH is wasted.

Wasn't peak of bitcoin in 2013 and since that time bitcoin live only because bitcoiners are dreaming of the future when it will be worth millions?
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September 12, 2016, 03:41:48 PM
 #59

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. 

Yes but it is not that very high to fall. It is still stabilized as early as possible. We lost $100 but it didnt go beneath it numbers. You can also remember it as the bitcoin strongest fight even in its darker days. Bitfinex as we all knew got a large amount of bitcoin in their hands. But still bitcoin fought with it and now making its way back again to the top.

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September 12, 2016, 03:49:58 PM
 #60

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 dont think that Any Altcoin can beat the Bitcoin not only previous but coming future price also they are not able to sustain, even ETH and Monero coin are trying hard, but still they have to go some more years to touch atleast the current price of Bitcoin.

About the Mt.Gox exchange period in that time bitcoin users were less so they were able to manipulate the price but today it is far more users so manipulate that much price is highly not possible in my sense. I mean is only manipulate price to that high and then lower it, but the price now it is very steady and it will only go more high and in coming year 2017 if every thing goes smooth then we can surely see the price of bitcoin above $1000+.

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