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Author Topic: 2017 is crazy for bitcoin  (Read 3383 times)
tatu
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December 13, 2017, 04:24:12 PM
 #261

2017 has indeed been a crazy year. I'd pretty much forgotten about it... well not forgotten about it but it had been on the backburner of my mind for quite some time as I was busy with other things, but it's been all over the news again recently and I can see why. It's both a very exciting and concerning time for bitcoin as many new users jump on board trying to make some cash I just hope it doesn't turn into a bubble and pop at some point after all the excitment has died down.

Bitcoin has a ceiling of 21 million, which is a fatal flaw. It also decided that it could not be used as a currency, as well as an excellent speculative tool.

That's not a flaw at all. That's one of its many many great features. The fact that there cannot be more than 21 million makes if deflationary and that's why it's better than fiat in theory. Because bitcoin is limited and finite it's what gives it its worth because it's fairly rare like gold, only much better as a currency than gold is.
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December 13, 2017, 04:29:18 PM
 #262

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.

 
how people are not crazy crazy ...... imagine 1 BTC can buy a luxury car.Itu new 1 btc, if the year 2018 likely will not be found again poor people ... everything is rich
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December 13, 2017, 04:35:15 PM
 #263

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.

 
how people are not crazy crazy ...... imagine 1 BTC can buy a luxury car.Itu new 1 btc, if the year 2018 likely will not be found again poor people ... everything is rich
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December 13, 2017, 05:10:54 PM
 #264

Yes,2017 is crazy for Bitcoin.In this year,Bitcoin already has reached a huge amount of money.It's price is so high.People has known this forum and also join here.Dor those reason, 2017 is really crazy for Bitcoin

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December 13, 2017, 05:39:22 PM
 #265

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.


I agree with you that bitcoin is still young and have a long way to go in the future. Right now, the world is changing at a fast pace and technology have a huge role on this. More things were developed for a faster and efficient ways we can imagine. And if we take a closer look almost everything in our present lives are now developed with the help of technology. We can consider cryptocurrency as one of those things and right now we are still somewhere on the denial stage and yet to come to the acceptance stage. Just like all those things you've mentioned, time will come for the cryptocurrency as a whole to be fully accepted by everyone.

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December 13, 2017, 06:22:51 PM
 #266

Bitcoin is now beyond the speculation of $7000,this is a big surprise to me,with the investment of the bitcoin future group,sure 2018 will be over 2X
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December 14, 2017, 07:33:39 PM
 #267

it could be the year 2017 bitcoin craze the unexpected thing can rise so high from the previous price, in the run so fast, I personally even surprised and still think whether to rise again in the next year what will go down and up again like this year
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December 15, 2017, 08:09:30 AM
 #268

Yes,2017 is crazy for Bitcoin.In this year,Bitcoin already has reached a huge amount of money.It's price is so high.People has known this forum and also join here.Dor those reason, 2017 is really crazy for Bitcoin
2017 blessed bitcoin a lot and gave it all possible and good opportunities to express itself and make a high worth, it passed all records and became the most popular and worthy currency of the world. It grabbed the attention of many investors and also launched new promising projects for investors, it rewarded many people with a high output so to make their living good and future secure. It was a lucky year for bitcoin
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December 15, 2017, 08:14:38 AM
 #269

2017 has been without any doubt the most spectacular year to bitcoin and the cryptocurrency world, a year of breakthrough year in terms of price rise and new developments. As we witness the price of bitcoin moving from $1000 to $17000 and the introduction of new coins in the market, indeed digital currencies are now the way forward.
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December 15, 2017, 08:16:07 AM
 #270

Yeah it'a amazing for bitcoin .. i remember desember 2016 when bitcoin hit $756  i feel it is good , and predict for last desember 2017 hit $7560 .. but now we can see bitcoin hitted $17350 very very amazing for new technology .. i hope next year 2018 more crazy again hha ..
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December 15, 2017, 08:18:50 AM
 #271

Bitcoin is crazy, it's so fast, the value has gone up so many times in a year. I really do not believe in what I'm seeing.

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December 15, 2017, 08:24:34 AM
 #272

2017 has been without any doubt the most spectacular year to bitcoin and the cryptocurrency world, a year of breakthrough year in terms of price rise and new developments. As we witness the price of bitcoin moving from $1000 to $17000 and the introduction of new coins in the market, indeed digital currencies are now the way forward.
It's something like a game changer in the history of bitcoin. Till the past year the growth was limited to certain limits. By 2017 I felt the adoption of bitcoin from Japan to be a one that ignited the growth to happen in such a large level taking the price grow reach the peak value above $18000. Expect similar growth with bitcoin as well with altcoins in the upcoming year too.

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December 15, 2017, 09:42:00 AM
 #273

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.

 

unbelievable rising of bitcoin keep now price more than 17,000$  less saying bitcoin is bubble and network working slowly(big demand).

Will bitcoin subvert the traditional banking? yes or no all can give you reasons i say it is No

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December 15, 2017, 10:02:10 AM
 #274

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.

 

unbelievable rising of bitcoin keep now price more than 17,000$  less saying bitcoin is bubble and network working slowly(big demand).

Will bitcoin subvert the traditional banking? yes or no all can give you reasons i say it is No



You say no now, but in few years, or faster you will change your opinion like many people already did. You are just a j. member and you have a lot more to see and learn before you start to believe on bitcoins like some of us do.
2015 was good year, in 2016 many things happened, but in 2017 everything explode and I wonder can we see one more year like this year is, if some year in future can be so good like this one then bitcoin will be global digital gold and there is no doubt in that, just couple years to be good like this year is good. We who are here for years we see the difference, so many things changed I feel a bit shame because I doubted and underestimated bitcoin, I didn't believe all this can happen so fast, but look around its happening.

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December 15, 2017, 10:11:35 AM
 #275

Yeah rise from 2000$ to 16000$ is just a crazy and i think that bitcoin can rise more then this in 2018
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December 15, 2017, 10:14:12 AM
 #276

Few people believed that the price would reach $ 10,000, and she jumped to $ 20,000. And the hype was over the news, many noticed and were surprised. In 2018, growth will not be weaker than this year. All successes
The start of bitcoin at this year wasn’t good but the investor show the commitment in this year to give progress to the bitcoin and now bitcoin has gone so high that everyone is thinking they must had bought it earlier, and the fact about the craziness in this year is this year show the true worth of bitcoin and its nature get cleared to everyone that it is not depending on anyone and it cannot be controlled as well,
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December 15, 2017, 10:20:57 AM
 #277

Bitcoin really are crazy in 2017, just imagine,  the price of bitcoin in the early year was about 1000-2000 dollar only but now, by the end of the year bitcoin's price ranges to 16000-19000 dollars.  What a big gap. 
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December 15, 2017, 10:33:09 AM
 #278

It's really crazy to see such a huge rise in 2017. When I started seeing about bitcoin, I thought the rate at that time is already reached it heights. But my views are entirely wrong and it was reached 20 times further in 2017 itself.

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December 15, 2017, 10:39:00 AM
 #279

It's really crazy to see such a huge rise in 2017. When I started seeing about bitcoin, I thought the rate at that time is already reached it heights. But my views are entirely wrong and it was reached 20 times further in 2017 itself.
Bitcoin hasn't reached its climax yet, I think it is just starting to rise up and there is more for bitcoin to be. Bitcoin has already proven it self to the people because it has been strong for over the years and this year is indeed crazy because of how high the price went up. Bitcoin will continue to soar this upcoming year, so better hold on to your coins.
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December 15, 2017, 10:47:01 AM
 #280

in the beginning of the year bitcoin price was 4k$ but now it's price is 17k$+ it's really crazy. it's like a race.in the end of 2017,i think it will be 20000$+

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