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Author Topic: 2017 is the Year for Bitcoins....  (Read 2596 times)
Jake052478 (OP)
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November 01, 2017, 12:33:39 AM
 #1

I was browsing for news in bitcoins last week when I got intrigue with this title in an news article.  In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations.  There has been issues with its legal basis as China and South Korea has halted their exchange operations.  The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...
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November 01, 2017, 12:38:55 AM
 #2

Bitcoin won't disappear. I don't think it's gone before. The future will be better, and more people will use bitcoin. Now bitcoin has a complete application, recently saw a large number of companies are also working with bitcoin, Amazon has docked.

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November 01, 2017, 12:47:10 AM
 #3

recently saw a large number of companies are also working with bitcoin, Amazon has docked.

Steam is accepting Bitcoin for a long time, still don't see many people buying things on there with bitcoin, just because they don't know what it is / how it works / don't have it etc.

IF Amazon decides to work with bitcoin, this doesn't HAVE TO mean that bitcoin will be all prosperous, it can be just like the steam situation. But of course, it won't be a bad thing  Grin
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November 01, 2017, 01:32:52 AM
 #4

You should think so. 2009 is bitcoin's first year. 2017 is bitcoin development year. 2018? To the moon?
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November 01, 2017, 01:38:02 AM
 #5

Due to series of hard forks, thus improvements on its architecture an overall performance. Bitcoin has really proven to be a premium tech innovation of the decade. Mass adoption will really be the next agenda for cryptocurrency and Bitcoin will lead the way.
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November 01, 2017, 01:41:36 AM
 #6

I was browsing for news in bitcoins last week when I got intrigue with this title in an news article.  In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations.  There has been issues with its legal basis as China and South Korea has halted their exchange operations.  The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...

Yes, bitcoin will continue its roller coaster price. Right now the price of bitcoin $6,416. Last week bitcoin is only $6,000. Imagine the $400+ increase in just few days.

That's why many believe that bitcoin may price $10,000 next year.
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November 01, 2017, 01:47:08 AM
 #7

I agree to you this year has a great influence to bitcoin industry, 2017 gives so much opportunity to bitcoin users there are many flictuations happen in the past months but they all lead to one thing its the value appreciation of bitcoin like never before. I think that because of this the trust for bitcoin increases as well as the investors take all the opportunity to buy bitcoin when its low.
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November 01, 2017, 01:53:06 AM
 #8

It is indeed! Its price jumped what, more than 500% the past year? It has just been incredible. While Bitcoin has slowly been amassing popularity the past few years, I believe it did much larger strides this year. Countries are really starting to acknowledge it, and while there are a few hiccups, it has been great overall. We have also learned that we can survive without China, which was one of the largest Bitcoin markets prior to the FUD stuff. The year isn't over, though, with the Segwit2x fork looming, but I'm sure Bitcoin will come out of that stronger than ever.

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November 01, 2017, 01:54:16 AM
 #9

I was browsing for news in bitcoins last week when I got intrigue with this title in an news article.  In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations.  There has been issues with its legal basis as China and South Korea has halted their exchange operations.  The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...

And the best part: This is just the beginning.



recently saw a large number of companies are also working with bitcoin, Amazon has docked.

Steam is accepting Bitcoin for a long time, still don't see many people buying things on there with bitcoin, just because they don't know what it is / how it works / don't have it etc.

IF Amazon decides to work with bitcoin, this doesn't HAVE TO mean that bitcoin will be all prosperous, it can be just like the steam situation. But of course, it won't be a bad thing  Grin

Amazon is orders of magnitudes larger though. A "steam situation" the size of Amazon would be amazing. Also it would further legitimize Bitcoin's role as a payment system, because the question "but what can you buy with it?" could be answered easier than ever.

That being said... I don't see Amazon accepting Bitcoin anytime soon.

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November 01, 2017, 01:55:52 AM
 #10

Due to series of hard forks, thus improvements on its architecture an overall performance. Bitcoin has really proven to be a premium tech innovation of the decade. Mass adoption will really be the next agenda for cryptocurrency and Bitcoin will lead the way.
well, bitcoin cash, and bitcoin gold give a very big effect on bitcoin. even to this day bitcoin prices are still very high because of these effects. well, maybe in the future, it will happen again something like this, and make the bitcoin price becomes higher again.
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November 01, 2017, 01:59:29 AM
 #11

I do not share the general enthusiasm
I think that the 2017 will become the beginning of the End of bicoins, because government have started to ban cryptocurrency and will continue to do it, because they wanna more power
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November 01, 2017, 02:00:19 AM
 #12

I was browsing for news in bitcoins last week when I got intrigue with this title in an news article.  In deed, the biggest test for bitcoins in this year for there are a lot of scares with its operations.  There has been issues with its legal basis as China and South Korea has halted their exchange operations.  The all time low bitcoin value then the sudden increase of its worth... It has been a roller coaster... but thankfully it survive and here we are...

I'm so grateful also that I started it this year. I'm quite late but at least I've already started. Its been a great year for bitcoin this year because many had already using it. The prices goes up and down but mostly its going up. We'll just continue to support bitcoin and it will be use in the coming more years.

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November 01, 2017, 02:08:59 AM
 #13

No need to fear.2017 is the year for bitcoins.Bitcoin's price is growing high and there's nothing to worry because bitcoin is the safest.2018? Maybe to the moon

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November 01, 2017, 02:12:52 AM
 #14

I do not share the general enthusiasm
I think that the 2017 will become the beginning of the End of bicoins, because government have started to ban cryptocurrency and will continue to do it, because they wanna more power

You are entitled to your opinion. However i am also to mine and I believe you are very wrong sir. Just now bitcoin reached an all time high of $6400++. Why? Because people are starting to believe in bitcoin. They now see the value behind it and are buying because of its potential to change the world. You are here now because somehow you have been influenced and have started to hear about bitcoin's value. Imagine if everyone in the world started using bitcoin. Bitcoin to the moon.
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November 01, 2017, 02:16:31 AM
 #15

I agree with you. The bitcoin's price and demand are getting higher. It may be a roller coaster now but look how amazing the price it increased from these past few years.
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November 01, 2017, 03:18:39 AM
 #16

#It is indeed! Its price jumped what, more than 500% the past year? It has just been incredible. While Bitcoin has slowly been amassing popularity the past few years, I believe it did much larger strides this year. Countries are really starting to acknowledge it, and while there are a few hiccups, it has been great overall.
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November 01, 2017, 03:25:19 AM
 #17

Its true that despite the severe actions taken against bitcoin by china,still bitcoin price increased and south korea's actions also had no impact over bitcoin.But even then,we could not come to the conclusion that 2017 is the year for bitcoins since a very big trial is waiting for bitcoin in this month when segwit 2x would be activated.

Segwit 2x has majority of miners support and so we don't know which one would succeed either bitcoin or bitcoin segwit 2x.Definitely,it would be a turning point in the history of bitcoin,either positive or negative.

If bitcoin with segwit 2x replaces bitcoin,then its future would be a big question mark.On the other hand,if bitcoin succeeds,then surely bitcoin price would skyrocket.

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November 01, 2017, 03:28:21 AM
 #18

recently saw a large number of companies are also working with bitcoin, Amazon has docked.

Steam is accepting Bitcoin for a long time, still don't see many people buying things on there with bitcoin, just because they don't know what it is / how it works / don't have it etc.

IF Amazon decides to work with bitcoin, this doesn't HAVE TO mean that bitcoin will be all prosperous, it can be just like the steam situation. But of course, it won't be a bad thing  Grin

what do you mean "don't see"? you mean you went to Valve Headquarters or BitPay servers and checked how many people have been using bitcoin to buy things from Steam Store and saw not that many do? Smiley

have you checked out the BitPay's annual report on the growth they have been experiencing? check it out if you haven't already.
and if you had watched some of the DotA2 internationals you could have seen how many of the audience there had bitcoin sign with them Wink

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November 01, 2017, 03:32:18 AM
 #19

Bitcoin this year is really great when it comes to its price for now. Its been facing many problems in the past months like bitcoin hard forks like BCH, BTG and the upcoming 2x segwit, but still standing strong for its user.  I wish bitcoin to be greater and stronger in the upcoming years to come.

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November 01, 2017, 03:34:04 AM
 #20

It is of course, considering how tremendously well it has soared in the past few months. Bitcoi has already done over 500℅ in price increment since January this year. It hasn't seen this kind of frog jump in years. The awareness and spread has been awesome. I believe it will do more in 2018.

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