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Author Topic: Bitcoin VS Time  (Read 2965 times)
clickerz
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September 13, 2016, 10:19:31 AM
 #81

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 understand what exactly are you trying to say or ask.

I don`t think that the bitcoin price will ever again rise from $13 to $1216 for 10 months like in 2013.

2013 was the best and the worst year for btc. Grin



Best and worst yeras lol But it depends on which side? If youre selling for dollar, its  the best year but if your buying, maybe worst  for you when it suddenly plunge down Smiley  Time is our ally especially on investment. Over time it grows.

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September 13, 2016, 02:18:19 PM
 #82

I think that 2016 is not really good year for bitcoin, and i know about halving and other good stuff, but what about bitfinex?  A lot of money was lost and it's not over.

Yeah. Just think of it. If all these disasters happened in a single year what more worse things could happen in the next years?
We must expect these circumstances, I must say.

there are 3 months and two weeks before 2016 ends. many things possibly can happen during these months wether good or bad but despite all what happened bitcoin is still alive and stands on its track consistently.
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September 13, 2016, 03:20:27 PM
 #83

If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.
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September 16, 2016, 06:15:46 PM
 #84

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.
Same for me, I didn’t lose any money in fact, I made about an extra $2000 dollars from dabbling in bitcoin and the various ways to make money. I think this next year we will see exponential growth and bitcoin becomes more popular!
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September 16, 2016, 09:24:43 PM
 #85

If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.

I may find it hard to predict a the future, but fact is that you are right to some extent. Miners the key in the bitcoin network have been able to mine, this is only possible if they are ready to mine for a decent price to cover the cost. So far they have always been able to earn with their rigs, which means the price is indeed going up vs halvings vs difficulty.

And if this trend keeps up we can expect a much higher value in 2020.
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September 17, 2016, 02:45:31 AM
 #86

If we see history. We can elaborate future of bitcoin with making calculations as Bitcoin is directly proportionate to time. As time going price of bitcoin is going high day by day. Also we have noticed halving. which reduces price of reward for block mining.

All consideration takes results as Bitcoin have great future and as time laps bitcoin will become more valuable.

I may find it hard to predict a the future, but fact is that you are right to some extent. Miners the key in the bitcoin network have been able to mine, this is only possible if they are ready to mine for a decent price to cover the cost. So far they have always been able to earn with their rigs, which means the price is indeed going up vs halvings vs difficulty.

And if this trend keeps up we can expect a much higher value in 2020.
And the production of the miners will reduce in 2020 and that is just a normal thing if the price will increasing again and more highly comparing with this time, and their production is getting decrease.

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September 17, 2016, 03:59:41 AM
 #87

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. 

Well, I don't think that this year will be remembered as bad year, it  doesn't mean  bitfinex hack and was covered happened 2016. But even is like that still bitcoin sustain its price for what we have now. meaning , it shows that the price is stable.
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September 17, 2016, 04:35:33 AM
 #88

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. 

Well, I don't think that this year will be remembered as bad year, it  doesn't mean  bitfinex hack and was covered happened 2016. But even is like that still bitcoin sustain its price for what we have now. meaning , it shows that the price is stable.

Well that bitfinex incident is just like a wounf that had already been cured when it comes to bitcoin price. But still the people who lost their coins left a scar. If they stay I hope they could get back the lost coins thru the profits that will come.

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September 17, 2016, 12:49:14 PM
 #89

Time has nothing to do with Bitcoin. The only thing that is relevant to time is the Bitcoin halving. There's a lot of things that can happen in Bitcoin that can affect the price. New killer ideas would make people go into Bitcoin and make them pour more money in Bitcoin while crime like a major company getting hacked will make the price of Bitcoin decrease. It's not always about the year, month, it's mostly about the recent happenings.
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