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Author Topic: If They Solve the BTC Scaling Problem (Soon and Correctly), How High Do We Go?  (Read 1254 times)
Iranus
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June 01, 2017, 11:35:42 AM
 #21

...

Eeek!  Reading all of the above price predictions is triggering my "Sell BTC Now" fingers...!  Not really, but when sentiment is SO BULLISH, ("It's different this time"), I get antsy.  (Though I did predicate this thread with saying the SW / block size debate would get resolved, should it not, well.....)

But my *guess* would be $3000 - $5000 if everything goes well.  Note that I am a LOUSY SPECULATOR, so makes that guess worth ZERO.  I have profound doubts that ANYONE can predict the future, except for a very few who know something.

Nonetheless, I thank you all for you observations and thoughts.  They are going into my hopper...  Should we get lucky and reach, say, $3500 - $4500, I will sell another tranche of BTC for gold.
It's likely that a split (which is seeming increasingly likely now), would be confusing for most people and wouldn't be quite as smooth as we like.

Personally, I'd expect a bullish sentiment leading up to the solution, and a dip in Ether, but when the split actually happens, far more bearish.

Once the actual situation is behind Bitcoin for a week or two and transactions start getting back to normal on the majority chain, that's when we go for the moon.

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June 01, 2017, 11:44:41 AM
 #22

They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
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June 01, 2017, 11:55:51 AM
 #23

They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.

Pretty much everyone is now going for Segwit, though how it arrives is still the same old smokescreen for power grabs. I don't think ultimately any of it was anything to do with Bitcoin's actual scaling.
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June 01, 2017, 12:12:33 PM
 #24

They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.

Pretty much everyone is now going for Segwit, though how it arrives is still the same old smokescreen for power grabs. I don't think ultimately any of it was anything to do with Bitcoin's actual scaling.

But not most miners are going with Segwit, https://coin.dance/blocks
I'm kinda agree this is an endless debate and will not end anytime soon.


Anyway, my optimistic prediction will be around $4400.
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June 01, 2017, 12:16:00 PM
 #25

But not most miners are going with Segwit, https://coin.dance/blocks

That's because the recent proposal hasn't been coded yet. The Segwit that is being signalled there requires 95% of miners before it activates. That'll never happen. It'll need a new version.
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June 01, 2017, 06:16:01 PM
 #26

It depends on when that good solution is achieved. If this happened in the next two months the price would surpass the $3000 for sure and possibly would end up near the $4000, it would even surpass that mark, at least in the Asian markets. If I had to say a figure I would say anyone between $ 3500 and $ 4000.

it also depends if there will be a chain split or two coins and stuff like that, because getting 2x bitcoin will not sure be helpful to have a higher value, there will be a dump and the value will tank at least at first


Sure. In my speculation I imagined a scenario where there is no split or two bitcoins. That other scenario would be very different, with two bitcoins coexisting as the case of Ethereum I think neither would end the year above 800 dollars.
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June 02, 2017, 12:50:38 AM
 #27

They won't solve the blocksize/scaling debate any time soon - we have been at this three years and the sides are still as far apart as ever.
Of course they won't there's too much on the line to just make a fast decision that would make one side or another almost broke. The only way we can do something about it is support the uasf that would actually implement segwit on the demand of the bitcoin users, what would make bitcoin even more decentralized. Then I wouldn't be surprised if bitcoin pumped to like 5k dollars each because that would give it tons of potential.

 
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June 02, 2017, 07:51:12 AM
 #28

Right.... and what causes this delusion that this will happen any time soon or even at all?
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.

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June 02, 2017, 01:38:35 PM
 #29

Right.... and what causes this delusion that this will happen any time soon or even at all?
We've been promised a solution since 2012 and were told not to worry.... 5 years later the fees are theough the roof, the network can't handle the transaction volume and a solution is nowhere even close to being implemented.

It's true, however it's best keeping to be optimistic about it. I really wish something done about it, no matter as long i don't have to wait another round of 5 years. Because honestly, I start to be tired about this problems, and in a near future I may swipe my love with bitcoin and only speculate with altcoins
You tell to people: "it's good to use Bitcoin, Cheap fees, bla bla bla" Then when they try they tell you "Is it what you call cheap fees Shocked"

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June 03, 2017, 01:20:16 PM
 #30

I foresee this thread getting replies for the next 3 years.  Grin
If there is a solution (some improvement at least) to the scaling problem, then I think that the price could double.
We could see $5000 levels soon.

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