2017 is crazy for bitcoin

[felicita]

yes in 2017 bitcoin raised greates profit unti now D
look at these chart  https://coinmarketcap.com/currencies/bitcoin/

boming on currently : $7237.91 (9.62%)


i trust in bitcoin !

[turkmachiavelli]

I think Absolutely you are right. Every people can see that. Bitcoin will be global currency in the world or be as Euro that use a specific area. We are lucky because we are into this market and are in this future.

[Willitivity]

Basically, 2017 wasn't only a nice year for Bitcoin but the CryptoWorld in general.
So many alts came in this year and so many of them went sky-high after ICOs.
A lot of other already existing Cryptos were also at their best.
It's a great year indeed.

[adzino]

I think Absolutely you are right. Every people can see that. Bitcoin will be global currency in the world or be as Euro that use a specific area. We are lucky because we are into this market and are in this future.

It won't be able to be a global currency anytime soon as long as the current issues are not solved. You just saw what happened after segwit2x fork was canceled and most of the miners who supported 2x temporarily moved to bitcoin cash, which caused bitcoin to lose its hash rate. The fee went up 10 times and confirmation took ages. This kind of issues should be solved first.

[nexus2k14]

Adaptation of Bitcoin this year was staggering. Finally, Bitcoin catches good momentum to drive price beyond the roof, breaking its record high many times.

I must say when I was reading price predictions I find difficult to believe it will reach 5K or 7.5K but after what I see now, I know it can easily go to 10.000$ and higher, that for sure.

Another milestone could be 25.000$ as Tom Lee strategist said.

https://www.cnbc.com/2017/09/15/bitcoin-could-surge-another-600-percent-to-25000-dollars-in-5-years-says-strategist-tom-lee.html

[jak3]

The first rule of Bitcoin is do not believe on rumours. I am seeing this Bitcoin bubble theory from 2013 instill people believe that crossing $1,000 in reaching $7,000 is just another bubble. They may be right but I don't think that even if it is a bubble people will let it go, when Bitcoin crossed $2,000 we have seen a massive increase in population in Bitcoin community. People from all over the world has decided to join Bitcoin and by the increasing time more and more people are joining it right now.

[Jennifer7]

I think you just should listen to your inner voice...not rumours

[East7547]

Without a doubt a crazy year!!!!

[Jennifer7]

I have always believed in numbers, it's obvious that 2017 is the luckiest year for BTC

[Yamifoud]

Yes,2017 is one of the craziest years for bitcoin.Several bitcoin drama has taken place during this period of time.China banning local ICO's and local exchanges led the price very down.In a fact there are a huge price movements of bitcoin in 2017.

I don't think it's crazy, it is totally the way it goes.
Bitcoin made some magical moment in this year, but I believe there is a lot more surprises in the coming days. As we keep supporting for bitcoin or the entire crypto currencies, the more it could be popularize and it probably make a great history in the market place. And I know everyone will get amazed on this.

[hachiman13]

Not only for bitcoin I think its crazy for the whole lot of cryptos. Like ethereum which is only 3$ on january but is at 300+$ now and not to mention the ridiculous volumes of ICO's starting up compared to last year. I hope bitcoin's price would surge once again before the year end, that would be a great xmas gift for everyone!

[Vigme86]

I think it's quite premature to understand if it is a bubble or note.
Many altcoin have raised, Ethereum have almost reached for a moment BTC market capitalization

2018 will be an interesting year of course (Segwit, Lighting Network, and so on)

[zarados]

However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Cars were considered as one of the dangerous invention when it was first invented.

Many used to think that internet is just for computer gigs and not for common people in past.

People used to only shop with paper cash and they used to worry about getting their bank account or credit card hacked and still many people from developing countries think like that.

Bitcoin is still in primitive stage like all of the above invention so people are just afraid of bitcoin or whole crypto thing, but sooner or later crypto will revolutionize the way we make financial transaction and how we send money across the globe.

Agree, we're still in the beginning of bitcoin era, just like any other technology that people are concerned about but is becoming the current trend. if they are in doubt with bitcoin, they should be able to see big companies like microsoft, steam, amazon and others who have adopted bitcoin, and indeed, they always use technology first that will be used by many people.

[pinkliar]

Yes,2017 is one of the craziest years for bitcoin.Several bitcoin drama has taken place during this period of time.China banning local ICO's and local exchanges led the price very down.In a fact there are a huge price movements of bitcoin in 2017.

I don't think it's crazy, it is totally the way it goes.
Bitcoin made some magical moment in this year, but I believe there is a lot more surprises in the coming days. As we keep supporting for bitcoin or the entire crypto currencies, the more it could be popularize and it probably make a great history in the market place. And I know everyone will get amazed on this.

and bitcoin make some noise by this year so when it was happen how about for the upcoming more years about bitcoin then there will be another moise that bitcoin can now be ever make for.

[ThatDetroitAndy]

Does anybody have any great research from the adoption curves of other similar technologies from the past? I'm optimistic that the people calling it a bubble are being a bit myopic and maybe we can model future growth on prior technologies.

[Razick]

2017 has been crazy for Bitcoin indeed. It has survived so much and I'm wondering if the attacks are going to continue to get more widespread or are people going to start to finally realize that BTC is the real deal and that it is just in it's infancy stages still in terms of being a payment network for the world markets. It can be a store of value settlement network for the world right now, but the payment system is coming.

[ldah94]

Good analysis, I think that the arrival of new technologies that brought the cryptocurrencies is an invitation to update the technical infrastructure used by banks currently, which is steeped in slowness and excessive costs. That is why this technological innovation presented by Bitcoin and Blockchain is a golden opportunity that banks should take, since the financial sector is one of the most competitive and there is no doubt that when an actor appears with more attractive tools, the difference can be greater than thought. The Financial space grows at the rate that users look for new ways to safeguard, move and use their money. New mechanisms that traditional banking has not sought to develop in better shape for years.

[DrYe5]

yes in 2017 bitcoin raised greates profit unti now D
look at these chart  https://coinmarketcap.com/currencies/bitcoin/

boming on currently : $7237.91 (9.62%)


i trust in bitcoin !

It is true. The achievements of Bitcoin in the current year are amazing. I wonder what will happen next year. Perhaps we will witness a great revolution? Bitcoin will play a significant role in the world.

[dns]

Yes this year is crazy for bitcoin, but just think in the next (and after) year(s)... No, we can't imagine :-)

[eminemcookie]

I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?

Above is just my personal idea.If you like or not, I wish everyone here have a nice day.

Such rises inside of a year are frankly frightening in some ways but I do not think that they are artificial, I think simply bitcoin is growing and the price is adjusting accordingly. With regard to subverting traditonal banking that is already happening but nowhere near to the level of potential that bitcoin has, bitcoin has the power to near enough destroy banks dominance for processing financial transactions and stop the ridiculous fees they charge for some services.