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Author Topic: What are your thoughts for Bitcoin in 2017?  (Read 90505 times)
Kevin77
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January 20, 2017, 05:42:31 PM
 #141

2017 will not be a good start for bitcoiners that want to try and learn about bitcoin.
cause the price is higher than any other years, also the change of price too unpredictable that may suffer loss
Price of the bitcoin will not be a problem for those who want to try and educate themselves about bitcoins as still you will be able to buy bitcoins at what ever least amount you prefer. (same way, the higher prices will not be a concern for new people to use bitcoins as currency).

The unpredictable nature is a common thing across any commodity and it does not influence directly for the losses, a trader will face.

I guess with the respect to the two aspects you have mentioned, bitcoin is staying same as how it was in previous years.
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January 20, 2017, 07:25:15 PM
 #142

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
yes we can see that the progress of bitcoin in 2017 even in beginning. so we can expect that in rest of the year bitcoin will continue increasing its position, we can hope that 2107 will be more successful than 2016.
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January 20, 2017, 09:09:22 PM
 #143

2017 will not be a good start for bitcoiners that want to try and learn about bitcoin.
cause the price is higher than any other years, also the change of price too unpredictable that may suffer loss
i think that bitcoin will be more better in 2017 as compare to  previous years, because in 2017 the number of bitcoin users will increase more and more  and hope that bitcoin price will also increase too much hope to cross all time high price record of bitcoin also.

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January 20, 2017, 09:22:56 PM
 #144

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
yes we can see that the progress of bitcoin in 2017 even in beginning. so we can expect that in rest of the year bitcoin will continue increasing its position, we can hope that 2107 will be more successful than 2016.

If we count it from 01.01.2016. until 01.01.2017. it rose from $450 to almost $1000. I would say that was maybe the best year for bitcoin until now. If it continues like this in 2017 we can consider ourself one happy campers. If we consider that 10% investment payback annually is great, what to say about bitcoin then? Except its the MVP of 2016 in investment.
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January 20, 2017, 09:51:54 PM
 #145

2017 will not be a good start for bitcoiners that want to try and learn about bitcoin.
cause the price is higher than any other years, also the change of price too unpredictable that may suffer loss
i think that bitcoin will be more better in 2017 as compare to  previous years, because in 2017 the number of bitcoin users will increase more and more  and hope that bitcoin price will also increase too much hope to cross all time high price record of bitcoin also.
According to the other people bitcoin is nearly to be accepted by many website unlike before that honestly few site that i visited before and where i am buying credits they are now accepting bitcoin as payment ..so this year i think more site will accept bitcoin and maybe amazon can accept bitcoin or ebay.. we need to wait more months and maybe we will heard such a great news again like steam before that their added bitcoin payment option..

Decided to end it with zer0 profit.
bitbob82
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January 20, 2017, 10:03:10 PM
 #146

2017 will not be a good start for bitcoiners that want to try and learn about bitcoin.
cause the price is higher than any other years, also the change of price too unpredictable that may suffer loss
i think that bitcoin will be more better in 2017 as compare to  previous years, because in 2017 the number of bitcoin users will increase more and more  and hope that bitcoin price will also increase too much hope to cross all time high price record of bitcoin also.
According to the other people bitcoin is nearly to be accepted by many website unlike before that honestly few site that i visited before and where i am buying credits they are now accepting bitcoin as payment ..so this year i think more site will accept bitcoin and maybe amazon can accept bitcoin or ebay.. we need to wait more months and maybe we will heard such a great news again like steam before that their added bitcoin payment option..
not online websites but so many other companies are also going to accept bitcoin. we can see that some offline shops have already stars accepting bitcoin for shopping, we can can expect the use of bitcoin as currency is increasing from day to day .
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January 20, 2017, 10:40:10 PM
 #147


We have good start of 2017 imagine we reached 1000$ almost, and that happened because many of the users toatally increased together with the investors are getting more interested into bitcoin, that's why most of the company they attached bitcoin into their business. So it surely increase more than 1000$ for every BitcoinBTC.

Agree. More people have become interested into Bitcoin, which is why the price has increased exponentially at the start of this year. I think that 2017, might be the year where Bitcoin gets even closer to mainstream adoption, as countries like Denmark decide to go cashless, as well as more businesses and merchants begin accepting Bitcoin.

And one thing for sure, would be that if SegWit gets activated by the consensus of miners, then it would have a very positive effect in BTC's price for the long term. Just my thoughts.  Grin




i hope that we can reach more than $1000 and will climbing to higher price. beside that, i think there are mass adoption will be happen in 2017 and this could make bitcoin to be another option for people to use as new investment. with the mass adoption, i am sure that people will be thinking that the time is come to them to buy bitcoin and then save it or waiting for another higher price.

Yeah. People are realizing that Bitcoin is the best way to make everyday payments, and are turning into it. Soon, Bitcoin will be a safe haven against the inflation of fiat currencies, attracting new investors into the cryptocurrency. As Bitcoin is sort of like digital gold, it will aim to increase in price for years to come as it is a deflationary currency.

I expect for BTC's price to increase at least $2000 by the end of this year.  Roll Eyes

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January 20, 2017, 10:53:16 PM
 #148


Yeah. People are realizing that Bitcoin is the best way to make everyday payments, and are turning into it. Soon, Bitcoin will be a safe haven against the inflation of fiat currencies, attracting new investors into the cryptocurrency. As Bitcoin is sort of like digital gold, it will aim to increase in price for years to come as it is a deflationary currency.

I expect for BTC's price to increase at least $2000 by the end of this year.  Roll Eyes

Bitcoin, the best way to make everyday payments? I am not so sure about that. Every day there are more expensive fees, slower confirmations... let's face it, big investor are already aware of the existence of bitcoin; if so far they have not shown too much interest in buying bitcoins, I do not see why this year will be different for them and will decide to massively invest in the bitcoin ecosystem.
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January 20, 2017, 11:15:13 PM
 #149

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
From the reviews of establishments of bitcoin in the previous year anyone can predict that in 2017 it will go to start in offline stores because in online stores it is already on the peak. The price already reached to that much value previously but it is sure that it will increase to that value withn the coming month.


Lol how can you say online store is already at its peak when there is only a couple of merchants or online store that accept bitcoin. Online Stores that accept bitcon are too few and there are still lots of big company that operates online that does not accept bitcoin.  It is probably they focus on offline store but I doubt that bitcoin is ready for it.
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January 20, 2017, 11:16:35 PM
 #150


~Snipped~


Bitcoin, the best way to make everyday payments? I am not so sure about that. Every day there are more expensive fees, slower confirmations...

Why not? Regardless of the fees and other downsides of bitcoin, Bitcoin is very much suitable for everyday payment. You can't imagine the ease I feel (Not just me, Everyone else) when I'm about to make a payment. No middlemen (Like western Union) Just me and the other guy receiving. Now, I can send payment to someone not in my country using bitcoin and He/she gets it. Much faster than the western Union though (Not including the stress). Also I hear Bitcoin developers are introducing Lightening Network, A feature which will make confirmations a pain of the past.



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January 20, 2017, 11:21:28 PM
 #151


[~]Snipped~[/b]


Bitcoin, the best way to make everyday payments? I am not so sure about that. Every day there are more expensive fees, slower confirmations...
Why not? Regardless of the fees and other downsides of bitcoin, Bitcoin is suitable for everyday payment. You can't imagine the ease I feel (Not just me, Everyone else) when I'm about to make a payment. No middlemen (Like western Union) Just me and the other guy receiving. Now, I can send payment to someone not in my country using bitcoin and He/she gets it. Much faster than the western Union though (Not including the stress). Also I hear Bitcoin developers are introducing Lightening Network, A feature which will make confirmations a pain of the past.

Bitcoin is intended to  that purpose but the problem is the confirmation time especially when it is used in offline transaction.  I can say it is good for online transaction and is suitable for everyday transaction.  If only the confirmation time is solved we can and is confirmed like less than 1 min. then we can see the Bitcoin being used anywhere.
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January 21, 2017, 01:50:30 AM
 #152

now bitcoin price down at around $880 not $1000 again and i am not sure it will back again at $1000 in the near future
because issue about bitcoin is not too good for now but i am sure bitcoin still be favorite crypto at the crypto world
if good issue about bitcoin back again i am sure bitcoin will go to the moon again
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January 21, 2017, 11:39:46 AM
 #153

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
From the reviews of establishments of bitcoin in the previous year anyone can predict that in 2017 it will go to start in offline stores because in online stores it is already on the peak. The price already reached to that much value previously but it is sure that it will increase to that value withn the coming month.


Lol how can you say online store is already at its peak when there is only a couple of merchants or online store that accept bitcoin. Online Stores that accept bitcon are too few and there are still lots of big company that operates online that does not accept bitcoin.  It is probably they focus on offline store but I doubt that bitcoin is ready for it.

Yes it is not even close to peak, it will be more and more accepted in online stores I hope. What I suggest for offline stores, like bakery or coffee shop. Accept bitcoin to buy something like member card. You pay with btc and fill your card with credit or points. In everyday usage you just scan your card and pay, no need to wait for confirmation.
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January 21, 2017, 11:52:50 AM
 #154

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
From the reviews of establishments of bitcoin in the previous year anyone can predict that in 2017 it will go to start in offline stores because in online stores it is already on the peak. The price already reached to that much value previously but it is sure that it will increase to that value withn the coming month.


Lol how can you say online store is already at its peak when there is only a couple of merchants or online store that accept bitcoin. Online Stores that accept bitcon are too few and there are still lots of big company that operates online that does not accept bitcoin.  It is probably they focus on offline store but I doubt that bitcoin is ready for it.

Yes it is not even close to peak, it will be more and more accepted in online stores I hope. What I suggest for offline stores, like bakery or coffee shop. Accept bitcoin to buy something like member card. You pay with btc and fill your card with credit or points. In everyday usage you just scan your card and pay, no need to wait for confirmation.
That's a good idea but there's a more simple way to do that, just have a debit card and fund it with bitcoin. It would be easy and that's one of the trends now, however there's a fee that you have to accept and pay every transaction or depends on the policy of the card you are holding.

I have not tried it but I read some are offering this kind of service. Unfortunately, I live in a country where bitcoin is not yet popular, so it's not easy to spend.

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January 21, 2017, 03:26:11 PM
Last edit: January 21, 2017, 10:54:53 PM by bitllionaire
 #155

now bitcoin price down at around $880 not $1000 again and i am not sure it will back again at $1000 in the near future
because issue about bitcoin is not too good for now but i am sure bitcoin still be favorite crypto at the crypto world
if good issue about bitcoin back again i am sure bitcoin will go to the moon again
What's kind issue about bitcoin is not too good? There is not yet issue about bitcoin recently, What I see bitcoin works as better in all aspects.
Effects of bitcoin down-up be like waves, because of the large market which usually occurred in the trade situation in china.
to me if we compare the good and bad aspect of bitcoin i will see that bitcoin is mostly use for goods i think there may be negligible number of people who may be using bitcoin. otherwise majority of people are using bitcoin for  good activities. and we cannot blamed bitcoin for all these thing, because if bitcoin was not present then these people will use some other source for fulfilling their wrong intention.
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January 21, 2017, 03:31:24 PM
 #156

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
From the reviews of establishments of bitcoin in the previous year anyone can predict that in 2017 it will go to start in offline stores because in online stores it is already on the peak. The price already reached to that much value previously but it is sure that it will increase to that value withn the coming month.
It has already started to being accepted in offline stores. In developed countries they have taken this risk and now they are feeling that it is not a risk bt it is a benefit to them and with that they have got a good value in crypto community as people then discuss about them here  and everyone know about that.
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January 21, 2017, 03:42:24 PM
 #157

I think 2017 will be good for bitcoin users, in this year many new companies will invest in bitcoin and hope so there is an increment in the offline stores of bitcoin. And if we are talking about price of bitcoin so at the middle of this year 2017 price will be in between 1100$ to 1250$ or might be higher than that, we saw that bitcoin dropped from 1150$ to 760$ but it will increase just wait for price to increase.
From the reviews of establishments of bitcoin in the previous year anyone can predict that in 2017 it will go to start in offline stores because in online stores it is already on the peak. The price already reached to that much value previously but it is sure that it will increase to that value withn the coming month.
It has already started to being accepted in offline stores. In developed countries they have taken this risk and now they are feeling that it is not a risk bt it is a benefit to them and with that they have got a good value in crypto community as people then discuss about them here  and everyone know about that.

bitcoin prices rise and fall of the stabill, many ico, signature, and others that might be giving bitcoin, many stores are willing to accept bitcoin as a means of payment
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January 21, 2017, 03:47:02 PM
 #158

In my thinking, it was good when bitcoin cross $1030, but it is impossible that bitcoin continuously grow more than it, because all people who are holding the bitcoin they fell insure to hold it, more time, that's why they have been started to sell their bitcoins, and in the end suddenly bitcoin price come down. But it is digital currency and up and down always remain with bitcoin, we can't say that bitcoin always going up and up. Also i think in 2017 bitcoin will have good position.

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mikehersh2
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January 22, 2017, 01:55:29 AM
 #159

Very excited for Bitcoin this year. Even around new years day, prices were hovering around $1,000 per coin. At first I thought it was just a huge spike, but it is really maintaining it's value, and I don't see it dipping back

below $800 any time soon. I have high hopes for Bitcoin in 2017, and could easily see $1,000 per coin, or greater, becoming the new normal. Can't wait to see what is to come, start saving! Grin

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BitcoinHodler
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January 22, 2017, 03:37:35 AM
 #160

mark my words, 2017 will be a better year for bitcoin than any other previous years were. generally years are getting better and better for bitcoin but this year it will be better by a bigger margin.
and there are lots of reasons for it, the two major ones are the fact that bitcoin price is reaching the ATH with a very strong and stable rate and the media coverage will bring in lots of new investors and price will go higher and the adoption will grow too.
also there is the new president of US, Donal Trump which i believe is going to be very good for bitcoin in the long term.

Holding Bitcoin More Every Day
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