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Author Topic: What are your thoughts for Bitcoin in 2017?  (Read 90467 times)
Abiky (OP)
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March 09, 2017, 01:34:19 AM
 #501

Before Bitcoin can become more popular though, miners need to actually agree on scalability issues and finish these annoying half-finished jobs that are scattered around.  Otherwise, what's actually going to happen?  More people join Bitcoin, decide that it's bad because transactions cost them loads of money each and take several days to actually confirm, then less people use it again and it drops back to its core supporters.

That's the point. If there is no consensus reach among miners, and nodes then Bitcoin might not become scalable and thus it will limit its ability to grow at any point in the future, since people woudn't want to pay higher fees just to get their transaction confirmed in a short amount of time. The more users join the cryptocurrency, the slower confirmations would take making it even closer towards traditional payment processors with their high fees and extremely slow transactions.

When all this happens, people will just migrate towards another faster and cheaper cryptocurrency like Litecoin or any other alternative cryptocurrency. Then, Bitcoin would be left as a store of value, while the rest of the cryptocurrencies would be used for everyday transactions.

Still, despite the facts, Bitcoin is the strongest and most secure cryptocurrency around, with its huge hashrate, dedicated development team, and supportive community. I hope that one day, miners, nodes, and the rest of the community would come up to an agreement, to make Bitcoin better than ever. This year, would be full of surprises for sure. Just my opinion.  Grin

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March 10, 2017, 12:14:24 PM
 #502

I think that bitcoin will increase it real value in 2017 but im not totally sure that will be increase.Bitcoin is a thing that have any uses like you can pay bill,invest and trading.I think that bitcoin will help the any transaction because it cosume less time and have fast transaction and does'nt have any paper works so use bitcoin because it will help you in many ways.
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March 15, 2017, 02:22:15 AM
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I think that bitcoin will increase it real value in 2017 but im not totally sure that will be increase.Bitcoin is a thing that have any uses like you can pay bill,invest and trading.I think that bitcoin will help the any transaction because it cosume less time and have fast transaction and does'nt have any paper works so use bitcoin because it will help you in many ways.

True. Even though Bitcoin is slow in transaction confirmation times, and fees are increasing each day, it is still cheaper and faster than traditional payment processors like Western Union and MoneyGram. I hope that if Bitcoin gets the acceptance of scalable solutions like BU or SegWit, it would become huge this year. If all goes well, then I expect for its price to go at least $2000 by the end of the year. It will only be a matter of time before this happens. Just my opinion.  Grin

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March 15, 2017, 02:35:57 AM
 #504

Bitcoin in 2017 is become stable and strong it will be the good to invest now because bitcoin can reach 2000$- 5000$ for this year. This year is gold for have many bitcoin.  So better to invest now to get a great profits.
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March 15, 2017, 02:52:40 AM
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Bitcoin in 2017 is become stable and strong it will be the good to invest now because bitcoin can reach 2000$- 5000$ for this year. This year is gold for have many bitcoin.  So better to invest now to get a great profits.
We cant still be sure that this year bitcoin would able to reach out 2k-5k price but there would be a possibility depends on the adoption of bitcoin maybe the realistic price for this year would limit upto 2k price but still no sure. We are here just to wait on the price to move.

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March 15, 2017, 02:56:11 AM
 #506

$2000 is a new dream after we think about $1000 last year. Well, I think bitcoin fluctuations price make us support it until now. It makes us dream day by day with all the questions and speculation about the price and development.
I always beleive, 2017 will be a great year for bitcoin.
That dream will surely come true, it's still very early and we are in third month of this year and yet the progress is already awesome. As the price will continue to rise bitcoin is getting stronger in our eyes and for me, this year could be the best year of bitcoin but thanks to the last halving for making this possible to us now.

I agree with you, this year is truly a good year for bitcoin, because its price is just fluctuating between $1000 and $1200, so, we are expecting that the next price of bitcoin would be $1500 but we don't know when will this thing happen. So, it would be better if we are going to hold our bitcoins and not convert it in just one shot, because you might regret it in the end when the bitcoins price goes up higher than its last price.

Yes, Bitcoin has started very well in 2017 and in the first quarter we are constantly seeing the increase in the price of bitcoins. I hope it will continue this way for the whole year.

Most of the people will be hoping it will be bullish the whole year. But I assume it will have a fall at the end of second quarter. It is just an assumption. There are some factors which is indicating that there might be a fall of BTC in the coming months.
Well bitcoin is still relaying in demand and supply but you got the point we are not fortune teller to know what will be the price  this coming months but yeah there will be still fall will be happen in bitcoin.. but it will grow more.. because is just a normal the same as previous year..

And note that the bitcoin ETF was not approved by the SEC so we should expect that the bitcoins price will fall, but right now, bitcoins price is on its way on increasing again, but still, we should expect fluctuation because of certain DUMPs that going to happen because of the SELL panic. But we don't have to worry about this because this fluctuations is just normal on bitcoin.

We just have to be wise on making decisions on selling and buying bitcoin, but HOLDING it is still the best idea so far, because we could have huge profit from it in the long run.
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March 15, 2017, 11:54:40 PM
 #507

Bitcoin in 2017 is become stable and strong it will be the good to invest now because bitcoin can reach 2000$- 5000$ for this year. This year is gold for have many bitcoin.  So better to invest now to get a great profits.
We cant still be sure that this year bitcoin would able to reach out 2k-5k price but there would be a possibility depends on the adoption of bitcoin maybe the realistic price for this year would limit upto 2k price but still no sure. We are here just to wait on the price to move.

$2000 is very possible. I remember in 2016 its only $600 but now ranging from $1000 to $1200. It really shows that this year is a  good year for bitcoin. But I still hope it will reach $3000 by the end of the year but I would not mind if its more than that.
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March 16, 2017, 12:57:39 AM
 #508

Bitcoin in 2017 is become stable and strong it will be the good to invest now because bitcoin can reach 2000$- 5000$ for this year. This year is gold for have many bitcoin.  So better to invest now to get a great profits.
We cant still be sure that this year bitcoin would able to reach out 2k-5k price but there would be a possibility depends on the adoption of bitcoin maybe the realistic price for this year would limit upto 2k price but still no sure. We are here just to wait on the price to move.

$2000 is very possible. I remember in 2016 its only $600 but now ranging from $1000 to $1200. It really shows that this year is a  good year for bitcoin. But I still hope it will reach $3000 by the end of the year but I would not mind if its more than that.
$2,000 is more realistic than $3,000 for the price at the end of the year because you are right that bitcoin can jump into a higher price in a short period of time because last  time bitcoin is just around $600 and then now the price is nearly $1300 but it can reach up to $2,000 because bitcoin is getting more popular and a lot of investors are coming because of popularity and trend.
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March 16, 2017, 05:10:10 AM
 #509

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
Bitcoin has already started to prove its potential.Even after the ETF failure, bitcoin has recovered and still its increasing in price.Surely,its price would reach around $2500 by the end of this year.Lots of new companies have started accepting bitcoin as payment.

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March 16, 2017, 05:31:42 AM
 #510

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley

The price will rise once again, As I can see, Dollar looks different now, and also, investors from bitcoin is now on the go. Meaning they are now using their own bitcoins in converting them into dollar. In my opinion bitcoin 2017 will be the same as before but rather on higher price, more investors, more users, and more accounts.
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March 16, 2017, 06:03:00 AM
 #511

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
Bitcoin has already started to prove its potential.Even after the ETF failure, bitcoin has recovered and still its increasing in price.Surely,its price would reach around $2500 by the end of this year.Lots of new companies have started accepting bitcoin as payment.
Around the world several financial institutions and financial service lenders have started using bitcoin as well adopting the technology. Other than that several productive firms too have started implementing the blockchain technology for their success. Experts too have predicted for a price move over $2000 by year end.

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March 16, 2017, 06:56:36 AM
 #512

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley

I don't know if this would be the year that bitcoin would make a big impact, just like last year bitcoin value is still movable and I think that is not very usual cause it is always happening even in the past and the value just turn to $1K but right now it fell to $904.39 value and I think it is still early to say such things but that is just my speculation and we could really never know what would happen in the future!

For me, my thoughts for bitcoin this year is to have a high vale ofcourse, to have a better use and earnings this year and to have a small amount of lose. We all know that there are few people used bitcoin. I hope this year many people will accomodate bitcoin and hope to see what are the advantages of it. Other people doesn't know what is the most helpful function of this bitcoin. So i hope this year will be a better and good progressive for bitcoin. That's all. Thankyou. Smiley
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March 16, 2017, 07:05:17 AM
 #513

Btc is now more and more popular.It is easy to send and receive with low fee,so the demand of btc is very high.It causes the price of BTC will raise soon.I think its price will reach  2000$ in the end of this year
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March 16, 2017, 07:30:57 AM
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As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
Bitcoin has already started to prove its potential.Even after the ETF failure, bitcoin has recovered and still its increasing in price.Surely,its price would reach around $2500 by the end of this year.Lots of new companies have started accepting bitcoin as payment.
Yes I think so.  Probably most of bitcoin users and investors are really believe that the price of bitcoin is rise naturally. So they still keep their bitcoin and do not doing panic selling even after ETF was failure.  In this march 2017 the price of bitcoin is over $1230.  By the way bitcoin is give us so many advantages of using it.
So no reason for us to leave bitcoin, I am sure that so many people will use bitcoin.

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March 16, 2017, 07:33:32 AM
 #515

As  the  year  started  bitcoin  reached  to  over  a  1000$  and  i  think  it  will  keep  increasing.  Big   companies  and  banks  many industries  have  started  taking  interest  in  Bitcoin . Bitcoin  transactions  are  easy  and  they don't  have  any  physical  form  so they won't  even  take  a  large  amount  of  space. Even  Bill Gates  said  in  one  of  his  interview  that  bitcoin  is  better  than  currency.  
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March 16, 2017, 07:51:44 AM
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As the Bitcoin's price increased highly within the first months of this year, i think 2017 will be the                 year of making Bitcoin more popular and more stable, there is also many solid expectations that the price will increase even more.
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March 16, 2017, 08:14:43 AM
 #517

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
Bitcoin has already started to prove its potential.Even after the ETF failure, bitcoin has recovered and still its increasing in price.Surely,its price would reach around $2500 by the end of this year.Lots of new companies have started accepting bitcoin as payment.
Bitcoin resilience even in the face of ETF disapproval, is a clear pointer to what Bitcoin is out to accomplish this year and in the years to follow. Evidently the global economy is laden with financial crises with the fiat currencies of one too many countries very quickly becoming worthless either for reasons of inflation or outright devaluation. Fortunately however, Bitcoin provides credible solutions to these malaise and more. As a result, the attraction and adoption of Bitcoin is sure to remain on the increase and that can guarantee that $2500 is attainable by the turn of 2017.
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March 16, 2017, 08:31:24 AM
 #518

As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain.

Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017?

If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Smiley
I hope bitcoin price would reach $3000 by the end of 2017.Despite ETF disapproval,Bitcoin recovered from its downfall within hours and it started to raise.It shows that lots of people have understood the real potential of bitcoin and have started saving it irrespective of any factors.

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March 16, 2017, 09:36:37 AM
 #519

Btc is now more and more popular.It is easy to send and receive with low fee,so the demand of btc is very high.It causes the price of BTC will raise soon.I think its price will reach  2000$ in the end of this year
rather than the previous year indeed bitcoin more popular in this year even the price was pretty good when it reach to $1300 above even ETF was reject but demand for bitcoin still high so i do agree with you that $2000 is possible in this year but i wish there will be no more huge dumped

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March 16, 2017, 10:11:28 AM
 #520

I think this year bitcoin 2017 beautiful flow especially in big holders. Because it would be high demand in the market and further price increases. So lucky with many bitcoin held this year. Because they stand to make large profits.
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