Bitcoin Can Hit $2K ?

[york780]

Lets fix bitcoin first. Dont pump when the fundamentals are shit. Otherwise it would be a pump&dump. It all depends on SegWit activation. Otherwise bitcoin wil be good for the homeless population.

I don't think fix Bitcoin is the proper term to use; I rather prefer enhance Bitcoin. Other than that, yes, I strongly agree that Bitcoin needs to scale first. It surprises me that even till this date, that some people don't understand that in order for Bitcoin to move to the next level, it must meet the demand, and thus start giving people the larger blocks they have been waiting for so eagerly. Sadly, it's not up to the community to reach consensus and activate Segwit. Pools are behaving like trolls as they, 1) knowingly harm Bitcoin by not letting it scale, and 2) they artificially create spam attacks in order to gain a higher income through fees.

+1
Glad that still some people know what bitcoin needs. We dont need 2k pumps without scaling, it wouldnt be sustianable. Isnt there some kind of thing or a way that we can force those BU fanatics t accept SegWit?

Its already tested on lots of altcoins. Yes there are still some bugs in it but they can easily be solved while BU is a bug by itself, full of untested protocols or when its getting tested it fails bigtime. BU is good for a small payment coin that Litecoin likes to be.

There are 16 mln coins mined rightnow, max is 21 mln. 2 mln coins lost so I expect that we will have 19 mln coins max that the blockchain should handle. So with those simple facts wouldnt we already be good when the blocksize increases with 50% ?

We dont even need 2mb blocks.

[1715120893]

1715120893

[1715120893]

1715120893

[1715120893]

1715120893

[1715120893]

1715120893

[1715120893]

1715120893

[1Referee]

we already be good when the blocksize increases with 50% ?

We dont even need 2mb blocks.

Any increase would be a welcome change, but that's exactly where another problem comes out of hiding. Situation right now is clear; demand for blockspace greatly outweighs that what Bitcoin can offer. If you bump to 2MB, it will take a year, perhaps a little longer before we run into the same difficulties as is the case right now. Trolls and paid shills will come back to life, suddenly we'll see alternative sides such as Bitcoin Extreme, Bitcoin Master, Bitcoin Far Beyond, Bitcoin Great Again, etc, come to life. It means that once again there will be a massive obstacle that will negatively impact Bitcoin for a certain amount of time. Just look at how long it takes to just implement larger blocks right now.

[JANGKRIK BOSS]

Price $2000 very likely to be hit, probably not this month or 3 month later, but I'm sure will be achieved this year, current prices have already hit $1220 and look stable, this april I'm sure prices will not drop under $1100, probably the highest price is $1400.

[lambofan]

Price $2000 very likely to be hit, probably not this month or 3 month later, but I'm sure will be achieved this year, current prices have already hit $1220 and look stable, this april I'm sure prices will not drop under $1100, probably the highest price is $1400.

You was right,but price was reached too soon,I dont know if it was a pump or not,but it was a surprise to many peoples,for example peoples expected those prices until end of year.

[romero121]

This has been the expectation of users​ by the starting of the year. As users stated the price move was quite faster than what users expected​. The price increase took place crossing the $2000 in a short starting from the range around $1200. Now $2000 to be a stable price below which it's not expected to fall as it has crossed $2500 now.

[Vishnu.Reang]

This has been the expectation of users​ by the starting of the year. As users stated the price move was quite faster than what users expected​. The price increase took place crossing the $2000 in a short starting from the range around $1200. Now $2000 to be a stable price below which it's not expected to fall as it has crossed $2500 now.

Imagine what could have happened had the altcoins (Ethereum, Ripple, Nemcoin, Dash.etc) stayed dormant. If that was the case, then we could have easily crossed $5,000 per coin by now. The altcoins have eaten away a lot of market cap from Bitcoin.