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Author Topic: What will Bitcoin's main challenges be for January?  (Read 194 times)
maydna
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January 05, 2018, 04:10:39 AM
 #41

We've had a lot of things happen in 2017, and now that it's 2018.. What will the main challenges be for January? And for the whole year be? Will we meet a goal like $25K, or will we have multiple forks this year again to crush the qualms?

I think we still have a big problem in transaction fees because when we want to send some amount, the fees are too high and some of us cannot accept this. maybe the fees can reduce a little but I think if we want to make sure the network is work properly then we need to pay some fees to give support the network. but I am sure that in the future, there will be another solution for this so we can send the amount with a good fee. for the fork, I think we can see much of hardfork that will happen in this year and I think we can get another free "bitcoin" like before and I think we can prepare for this so we can get free coin again.

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CHENIEN
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January 05, 2018, 04:17:32 AM
 #42

The challenges of bitcoin this january are mostly some banks warned about bitcoin investment. As what banko sentral ng pilipinas said, that when we invest bitcoin, it results to possible losses. It is because, bitcoin price is so risky or rise and fall.
But for me as a bitcoiner, it is normally happened that price of bitcoin will rise and fall, even the price of bitcoin unstable but i still benifited from bitcoin by joining campaign.

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January 05, 2018, 04:27:56 AM
 #43

We've had a lot of things happen in 2017, and now that it's 2018.. What will the main challenges be for January? And for the whole year be? Will we meet a goal like $25K, or will we have multiple forks this year again to crush the qualms?
The continued rise of altcoin will have some impact on bitcoin, but policy is the biggest factor affecting cryptocurrencies.

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January 05, 2018, 04:45:38 AM
 #44

We've had a lot of things happen in 2017, and now that it's 2018.. What will the main challenges be for January? And for the whole year be? Will we meet a goal like $25K, or will we have multiple forks this year again to crush the qualms?
I don't think bitcoin will continue to rise if there are no big powers to limit bitcoin or Wall Street's influence on bitcoin.

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senin
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January 05, 2018, 05:09:42 AM
 #45

The main problems of bitcoin for elimination in January, and if they will not be eliminated - then for the whole year, are generally known: sluggish bitcoins, low throughput of its transactions, relatively large amounts of fees for transactions. The way out of this may be different - the introduction of a network of lightning, the introduction of SegWit. This is the work of the bitcoin development team, which, to my surprise, have been passive for too long. If these problems are solved, there will be no barriers to bitcoin to develop and grow further in price.

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January 05, 2018, 05:54:48 AM
 #46

The main challenge, and therefore biggest goal for Bitcoin in 2018 should be: Adoption, Adoption, Adoption.

How do we do that?

We hope for a stable price. We don't need giant gains (although hitting $25k would be cool), we just need to stay steady. Why? To prove that this isn't some bubble to be popped and forgotten.

We, as in all of us that believe in this project, need to start talking to more people about it. It's easy to talk to merchants about it. When you buy something, ask "do you accept Bitcoin?"...and if they say yes, be ready to pay in Bitcoin! That way you don't annoy your friends and family with the same talk AND incite interest among the people who have a broader connection to people in your community.

Adoption? not so fast! We all knew that the main cause of all networks congestion is adoption, so let's take easy on that thing. For me, bitcoin's biggest challenge this year 2108 is it's adoption to mass adoption. People won't accept bitcoin if transactions takes an hour or even a day sometimes. And that should be done first in able for bitcoin to be adopted by masses.

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January 05, 2018, 07:29:28 PM
 #47

We will see a stable 25k the 1st quarter of 2018 I think. Looking historically back at the past performance I think it's safe to say. I mean it is either that or it breaks my expectations and hits over 25k$ that's one thing I like about bitcoin. It's value is a mystery.


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roberthus
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January 11, 2018, 05:35:18 AM
 #48


It's very early to predict January. We are going to give them long to see how the coin breaks this year. It will be very surprising but we must study it
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January 11, 2018, 05:40:58 AM
 #49

I think our main goal should be to get SegWit fully implemented, early in 2018 and to make sure that the path is smooth for the implementation of the Lightning Network, when it is 100% tested and secure. The scaling of Bitcoin must be our main concern now, because this is driving adoption away from Bitcoin to the competitor coins.

Many first time users are turning their back on Bitcoin, because they had a bad first experience with scaling problems and high fees. ^grrrrrrr^

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January 11, 2018, 05:49:55 AM
 #50

I think bitcoin's main challenge for this month is getting itself shake to get the rust which prevented its market price to rise. Bitcoin is constantly in an up and down motion as what can be seen on the graph. I think that's also the main challenge other people wanted bitcoin to surpass one of these days.

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January 18, 2018, 02:31:09 PM
 #51

Main challenge is regulatory and banning news
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January 18, 2018, 02:49:13 PM
 #52

Now main challenge is stabilization of price  Roll Eyes
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January 18, 2018, 02:50:48 PM
 #53

The main challenge will be, I think, not crashing further because of various banning and regulatory news. Whether it will overcome that challenge remains to be seen.
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January 18, 2018, 02:52:05 PM
 #54

Biggest challege of bitcoins is right the moment of time that it reches its lowest price that actually many investors or users doubt the capability of bitcoins.but for me it is a challenge only that we should bear and we a practice that we should keep on holding our btc and the pay off will soon to come.

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