Skarner21
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December 10, 2016, 10:56:11 PM |
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we know the segwit is already added but the price will not increase that much.
like so many thing we overestimate the short term and underestimate the long term. if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow. And what if it doesn't? Bigger blocks perhaps? The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be. Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think. So with or without Segwit, Bitcoin will see many new ATH's. I really hope SegWit won't activate. It would be the beginning of the end of bitcoin then. It's bascially the same thing as to allow one mining pool to have more than 50% of hashing power. Except of a mining pool we'd have one dev team that has more than 50% of central decision making power over Bitcoin. I am afraid to happen that it can be happen if bitcoin segwit will activated soon how will be affected the life of bitcoin i thought their made segwit for additional feature for bitcoin that can increase the life but as you said it can be end if the segwit activated.. I hope that it will happen this following years.. many company are expecting more about bitcoin,,
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panju1
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December 11, 2016, 12:50:33 PM |
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we know the segwit is already added but the price will not increase that much.
like so many thing we overestimate the short term and underestimate the long term. if segwit activates that's a huge vote for future adaptability and it's a statement that bitcoin is ready to do more. i think it would convince a lot of people who might be wavering or uninterested right now that this is something that's here to stay and intends to grow. And what if it doesn't? Bigger blocks perhaps? The longer Bitcoin exists, the harder it will be to make (controversial) changes to it's core. And that is how it should be. Don't like it happening but Bitcoin tends to become a store of value over a p2p electronic cash system. Instead of burying gold people store their 12 word seed. Just for the fact being able to control one's own wealth. A basic right you would think. So with or without Segwit, Bitcoin will see many new ATH's. I really hope SegWit won't activate. It would be the beginning of the end of bitcoin then. It's bascially the same thing as to allow one mining pool to have more than 50% of hashing power. Except of a mining pool we'd have one dev team that has more than 50% of central decision making power over Bitcoin. The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.
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Hyena
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December 11, 2016, 12:58:55 PM |
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The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.
That's why I switched from Core to Bitcoin Unlimited because the latter allows me as a full node operator to define my own maximum block size limit. If everyone set their own maximum block size limit then it's much better than an ugly segwit hack in the code that will scare new coders away from the project.
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HaXX0R1337
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December 11, 2016, 06:23:57 PM |
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If we generally speculate, we can say we are heading toward a new all time high price levels but when it would be possible ? But there are lot of positive news which will support bitcoin to continue its current trend. Hopefully we may expect in mid of 2017 to test all time high prices.
Apart from the transaction issues and delays i do not think that there is any negative news for bitcoin and so the price could move to new highs in coming years as new people are coming to the bitcoin system.Its a matter of time when the price will test new levels and i am holding my coins for that
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bitbunnny
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December 11, 2016, 06:37:44 PM |
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Hoping for 800$ very soon. Things are looking good at the time, no signs for some disturbing factors on the Bitcoin market so maybe this could be achievable by the end of this year. Maybe it will still struggle for a while but this could be great Christmas gift for all of us. Keep holding your coins, it will be worth.
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CoinCidental
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Si vis pacem, para bellum
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December 11, 2016, 07:22:10 PM |
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The problem with unconfirmed transactions won't go away anytime soon. If Segwit gets activated, at least the transaction throughput will increase and some pressure will ease on unconfirmed transactions. Bitcoin might die a slow death if segwit doesn't get activated, the block size doesn't increase and transactions keep piling up.
That's why I switched from Core to Bitcoin Unlimited because the latter allows me as a full node operator to define my own maximum block size limit. If everyone set their own maximum block size limit then it's much better than an ugly segwit hack in the code that will scare new coders away from the project. i also believe SEGWIT is a dangerous step in the wrong direction and i am running a BU node now bitcoin must remain what it always was ,peer to peer with no third parties its only a matter of time before payment chanel operators wiil have to AML/KYC and freeze funds because the governments will DEMAND the info from them as you can see happpening now to coinbase after that we would have frozen funds/accounts and blacklisted coins and the IRS hounding the users etc the blocks must be allowed to grow as well and sidechains must remain optional rather than compulsary
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uki
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cryptojunk bag holder
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December 20, 2016, 09:09:38 PM |
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I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.
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The Sceptical Chymist
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Cashback 15%
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December 20, 2016, 09:16:38 PM |
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Whoop whooooop! It's comin! Did we really hit that high back in June? Seems like so long ago since the post-halvening blow up and subsequent mini-crash. And here we are, we're definitely headed toward the sunshine again.
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. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
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Hyena
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December 20, 2016, 09:17:01 PM |
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I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.
While bitcoin in itself hasn't fundamentally changed much the world around us has. This alone is enough to trigger another buying frenzy.
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uki
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December 20, 2016, 09:25:51 PM Last edit: December 20, 2016, 10:55:02 PM by uki |
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I don't think we get an all time high in this leg up. simply the supply is much bigger than it was three years ago. it will take much bigger effort, than just manipulating one big exchange to get there. Fundamentally there is not much that has changed in the last six months or so, so a small correction would do good everyone, just to calm the indicators. What happens afterwards, depends on how deep the correction was.
While bitcoin in itself hasn't fundamentally changed much the world around us has. This alone is enough to trigger another buying frenzy. well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.
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Hyena
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December 21, 2016, 06:18:24 AM |
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well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.
Then put your money where your mouth is: New Bitcoin all time high before September 2017A year ago BTC was 400$, which required 12x rise to reach 5k Today BTC is 800$, which requires only 6x rise to reach 5k. You call this equally far away?
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uki
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December 21, 2016, 10:18:14 PM |
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well, I remember your topic about going to $5k (soon), from about a year ago. Today, we are pretty much equally far away from $5k, as we were last year. The world around us has changed, but this alone is not yet a reason for the wild speculations to come true. The supply base has grown considerably in the last three years, and now we need much more than Mt.Gox manipulation to get to the all time high. And I don't see it with the setup we have today.
Then put your money where your mouth is: New Bitcoin all time high before September 2017A year ago BTC was 400$, which required 12x rise to reach 5k Today BTC is 800$, which requires only 6x rise to reach 5k. You call this equally far away? Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath. PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.
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Teemotje
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December 21, 2016, 10:21:33 PM |
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We are indeed heading to a new all time record but we should not cheer to early before it will not happen what is of course also possible.
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Hyena
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December 21, 2016, 10:22:16 PM |
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Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath. PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.
Nope, you're wrong. But I don't care. So feel free to disagree. Seems like you don't know Bitcoin well enough.
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Oralmat
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December 22, 2016, 04:01:17 PM |
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Hoping for 800$ very soon. Things are looking good at the time, no signs for some disturbing factors on the Bitcoin market so maybe this could be achievable by the end of this year. Maybe it will still struggle for a while but this could be great Christmas gift for all of us. Keep holding your coins, it will be worth.
Now we are on $840 per 1 btc, and we are still 3 days away from the most awaiting Christmas Season, everyone is waiting for 25th of December and be surprise for the big gift of bitcoin value, loooking for more higher one. This year end, we will heading towards a new all time high...
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piramida
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Borsche
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December 22, 2016, 04:48:56 PM |
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Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath. PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.
Said as a trader who have not observed either of the previous rallies. Just watch. This is not your regular stock. Try not to sell too much
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i am satoshi
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adidas
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December 22, 2016, 04:55:16 PM |
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Just funny to see the OP talking about Zcash and a month and three weeks later it is dead flat as a cat on the highway. ATH? Maybe in the new year but it is not rising $50 per day. Close but not just yet.
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Lanatsa
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December 22, 2016, 05:36:12 PM |
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Just funny to see the OP talking about Zcash and a month and three weeks later it is dead flat as a cat on the highway. ATH? Maybe in the new year but it is not rising $50 per day. Close but not just yet. For the ZCash, it is consolidating.
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CoinCidental
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Si vis pacem, para bellum
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December 24, 2016, 10:14:10 AM |
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Let me put it this way, $5k is an equally far off bet now, as it was one year ago. That is because, let alone a very unrealistic scenario where all the financial markets implode (gold bugs were repeating this mantra since 2011, they seem however a bit less sure these days), Bitcoin is nowhere yet to justify such a valuation. Speculative pumps may move price a bit, but the biggest one so far back in 2013, hardly got us to $1200. we haven't revisited $1k yet since, not even saying about challenging the ath. PS. I prefer to trade Bitcoin, as soon as the indicators tell me we are in the overbought territory, as we are right now - e.g., RSI. That is to me putting my money were my mouth is.
Said as a trader who have not observed either of the previous rallies. Just watch. This is not your regular stock. Try not to sell too much the words trader and idiot often get mixed up in bitcoinLand you can explain it to them ,but you cant understand it for them
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