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Author Topic: Bitcoin: Rising or Falling?  (Read 2070 times)
Stedsm (OP)
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December 07, 2017, 10:34:25 AM
 #1

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

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December 07, 2017, 10:50:59 AM
 #2

The bitcoin is rising because of too many peoples to work or eran money
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December 07, 2017, 01:11:24 PM
 #3

On the one hand, the value of bitcoin experiencing surges indicates an increased strength of bitcoin such as cryptocurrency,
whereas the current bitcoin price increase is actually not rational, because it feels like inflation.
Because the Bitcoin community fails to find a solution - not just a short-term solution but also a permanent solution to Bitcoin network conditions.
As a result transactions sent to the Bitcoin network are delayed, not just in minutes or hours, even days.
Worse yet, circumstances like this will form an "unhealthy" competition between bitcoin users.
And will increasingly make transaction costs more expensive, because the users expect with a high cost, the transaction process will be faster, but it does not affect, in my opinion.
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December 07, 2017, 01:57:43 PM
 #4

I think its clear that the value of bitcoin is rising due to the influx of positive headlines regarding BTC as an investment opportunity.

There are hordes of new investors jumping on BTC, this is obvious as the backlog of transactions is currently insane, with even high fee transactions taking hours to confirm.

Jump in now, or regret it when it hits $20k.

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December 07, 2017, 02:23:35 PM
 #5

I do agree with you as I feel Bitcoin will lose its value if the above issues are not solved quickly. Bitcoin is indeed not the same as it was a few years ago. The growth of Bitcoin can be considered as a strong support from the holders but then the transaction issues will create further problems and then holders might find it difficult to trust Bitcoin. The lightning network is the only hope foe the holders and can be able to solve the issues. I do strongly support Bitcoin and want it to solve the issues quickly but I guess there are more haters in this forum who want BTC to drop in price and that's why they are spreading FUD here.

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December 07, 2017, 02:25:51 PM
 #6

Bitcoin rises because people hear about it, invest and think its easy money.
Bitcoin's fees are crazy as the avg is around $25.
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December 07, 2017, 03:51:03 PM
 #7

Bitcoin rises because people hear about it, invest and think its easy money.
Bitcoin's fees are crazy as the avg is around $25.


Fee around $25 is not too much if you making like $1k.
And its not so easy money. It can fall down, just as well as rise to $20k per BTC.
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December 07, 2017, 04:52:10 PM
 #8

I agree, bitcoin price, popularity and adoption growing fast while scalability of bitcoin isn't solved yet. However, bitcoin is still rising and scalability will be solved when LN is ready and more people/service use SegWit Smiley

Steam abolished bitcoin payments and now you can't buy games with Bitcoin. I don't see many shops which accepted bitcoin. Not small shops, but shops which sells cars, flats and other high price staff. It's bad and strange. Bitcoin price looks like a real bubble.

In science we trust!
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December 07, 2017, 10:02:18 PM
 #9

It will rise as long as the pace of adoption continues to increase, there is only 20 million bitcoin wallets today, there is definitely room to grow...
Not to say that it won't have wild swings in price.
Many people calling the rise parabolic and comparing to the S&P 500 stock index, or gold...But they have the wrong base of comparison.
All innovations have parabolic rises as the population catches up to the new normal.
Eduardo Saverin paid 15,000 USD for 30% of Facebook. The company is work $500,000,000,000 today..

pass it on Smiley


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December 07, 2017, 10:11:31 PM
 #10

The bitcoin is rising because of too many peoples to work or eran money

Bitcoin is rising up because some person with big pockets of money are buying BTC. And now we are waiting BTC Fjuchers which will be listed in some Exchanges, because it will make bitcoin price more stability.
Stedsm (OP)
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December 08, 2017, 10:28:31 AM
 #11

Bitcoin rises because people hear about it, invest and think its easy money.
Bitcoin's fees are crazy as the avg is around $25.


Fee around $25 is not too much if you making like $1k.
And its not so easy money. It can fall down, just as well as rise to $20k per BTC.

Just think of it, would you really feel happy paying enormous amount in fees, still waiting to get your transaction being taken in a block under the mercy of miners who just ignore it one by one? Can you please check that day-by-day, situation is getting worst because the number of unconfirmed transactions has been breaking records with the value of course. I'm extremely happy with the rise in it's value, but would you really take it that your transaction gets stuck in the mempool for like days to get confirmed?

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December 08, 2017, 01:21:43 PM
 #12

In my opinion there will be a moment that this will rise more and then many people will start to sell but i don't know when this will happen, i think not yet

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December 08, 2017, 02:52:56 PM
 #13

Bitcoin is gradually rising these days or the following days. Successively, Bitcoin's value is increasing, the user increases as well. though many users of bitcoin, mining, gambling, investing or what-so-ever. Bitcoin will rises over generation, according to networking websites that involves Bitcoin, its all about 70% that it will rise as it is hard for a starter to earn cryptocurrency(bitcoin). In the other side, people finds easier or in mind thinking that the other cryptocurrency is much better than Bitcoin, but out-knowing, Bitcoin is gradually rising overtime. Smiley
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December 08, 2017, 05:22:11 PM
 #14

The numbers of people using bitcoin had increased tremendously in recent times resulting in the surge of the price and moreso the rising price is likened to speculation rather than it's fundamentals after all there is no upcoming hardfork although the bubble had halted and presently falling back (correction).

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December 08, 2017, 08:34:54 PM
 #15

In my opinion there will be a moment that this will rise more and then many people will start to sell but i don't know when this will happen, i think not yet
It takes a million guess to know when will be the next drop of Bitcoin because if you look at the price right now it exceeded the expectations of all the users here. If you think it simple you might think that Bitcoin never really rise due to the high fees but instead it is falling. I wonder how those other traders manages to trade without having a problem about of the fees because for me it is a pain in the ass to trade with such a small amount. The fees are killing your Bitcoin slowly to the point that almost nothing will left to you.

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December 09, 2017, 12:07:39 AM
 #16

It's not really going to fall, it's just recieving quite the kick because of more media exposure. Granted the increase in price for bitcoin is a bit unsettling, especially for the extra wary bitcoin investor, but it's better to invest now than later, it's going to be a pain for beginners when this baby hits more than 20k in price.

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December 09, 2017, 07:22:11 AM
 #17

BITCOIN WELL RISING DUE TO MANY PEOPLE WORK ON IT
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December 09, 2017, 07:38:54 AM
 #18

I think its clear that the value of bitcoin is rising due to the influx of positive headlines regarding BTC as an investment opportunity.

There are hordes of new investors jumping on BTC, this is obvious as the backlog of transactions is currently insane, with even high fee transactions taking hours to confirm.

Jump in now, or regret it when it hits $20k.
got it right mate,its the popularity issue of bitcoin because of mas
advertisement everyones doing..while the real problem inside wasn't anticipated,
the high transaction fees and the slow moving of sending and receiving.

I believe if time comes that bitcoin price drops this will be addressed
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December 09, 2017, 07:54:41 AM
 #19

I think bitcoin will continue to increase as people around the world begin to know and invest in it. and today many companies are developing bitcoins. so I would say bitcoin will go up
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December 09, 2017, 01:31:44 PM
 #20

I thing bitcoin will rising up because so many people want to grow up there lives, and to become rich.
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December 09, 2017, 01:47:39 PM
 #21

Up to the moon! Will hit 100000 next year!
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December 09, 2017, 02:05:47 PM
 #22

As i know bitcoin is rising now  its continue grow up many people want to join this  cryptuccency.Some country started already in bitcoin  some of their companys are accepting bitcoin and continue to develop and grow.Bitcoin is the oppurtunity to everyone who want to learn and earn and make life success.
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December 09, 2017, 03:53:37 PM
 #23

Some negative comments are saying bitcoin will decline to very low as the surge is really volatile.
What factors are affecting this much surge?

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December 10, 2017, 12:15:35 AM
 #24

As far as I know bitcoin will continue rising because many people now are interested in bitcoin it was very indemad and popular worldwide nowadays.Bitcoin gave us oppurtunity to be financially free and have a work so that many of us now engage on it.
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December 10, 2017, 06:02:14 AM
 #25

As of this day the value of bitcoin is declining. But i have faith that it will rise again soon. I ignore all the news that coming are out they say that bitcoin will decline to $12000.

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December 12, 2017, 08:31:05 AM
 #26

as of now bitcoin currency price continue to decrease little by little but l'm sure the price will grow up again before year end. maybe it's because of the supply and demand affected the market price.
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December 12, 2017, 08:46:45 AM
 #27

There are hordes of new investors jumping on BTC, this is obvious as the backlog of transactions is currently insane, with even high fee transactions taking hours to confirm.

Jump in now, or regret it when it hits $20k.


Bitcoin is everywhere. Headlines keeps on coming about big personalities and companies taking huge amounts to be invested in bitcoin. Who will not be, if the value keeps on rising. Smiley But currently its slowing down..

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December 12, 2017, 08:57:54 AM
 #28

Bitcoin nowadays in online market is rising due to the demand of people using it. As the days passing by bitcoin's value is getting high so probably in the long run bitcoin can still remain in a high amount as a crypto currency.
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December 12, 2017, 11:32:45 AM
 #29

Well, Bitcoin is rising because many people wants to making reach they put their money to invest bitcoin. For now it's not easy to fall down the price like $7k.

Quote
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

This thing I love bitcoin too. But now it's high price and very slow.
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December 12, 2017, 12:01:34 PM
 #30

I think bitcoin will continue to rise for the reason that more and more people are now engaging to it due to numerous ways to earn. Although sometimes the price of bitcoin gets lower, but basically it will rise again. We just have to remain positive since most of us are earning through bitcoin.

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December 12, 2017, 01:33:59 PM
 #31

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

If during the big whale still playing in market, It refers to a situation of constantly rising bitcoin price. And finally, bitcoin is too difficult to trade.
Thus, investor and speculator switch from bitcoin to altcoin (for a change).
If this happens, maybe it time bitcoin to fall and eventually die.
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December 12, 2017, 02:55:40 PM
 #32

bitcoin will rise again but for now, I think the price will be stable for a while and I think this is the time for altcoin to start increases. there are many green signs for many altcoins on many exchanges. and if many people move from bitcoin to altcoin then I think we can have the opportunity to reach more profit because the price of altcoin will increase high.

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December 12, 2017, 03:21:06 PM
 #33

In my opinion there will be a moment that this will rise more and then many people will start to sell but i don't know when this will happen, i think not yet

In my prediction, Bitcoin will keep rising until it reach its another climax point at around $22000 - 23000. This might still persist until the 1st week of January, when people would try to sell their bitcoins in order to breakeven with their upcoming expenses in the following months, but for those inventors that will still hold it, KUDOS to them!

 
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December 12, 2017, 05:51:39 PM
 #34

many people are not happy to see Bitcoin prices continue to rise, maybe they are too much to keep altcoin so cano't sell altcoin because altcoin prices are correction more than 50%. the big problem that Bitcoin is facing, is the huge fee and the long of confirmation. I have not seen a solution to this problem
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December 12, 2017, 08:18:51 PM
 #35

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

Scalability is not an issue if BTC is used as an asset.   Just like gold it has its place in spite of its lack of practical daily use.
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December 12, 2017, 08:28:46 PM
 #36

i think bitcoin will raise above 50k and it will become recognized currency in most countrys all over the world... now we can just watch how shops and countrys start to enforce crypto currency as payment Smiley
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December 13, 2017, 01:13:16 AM
 #37

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

Scalability is not an issue if BTC is used as an asset.   Just like gold it has its place in spite of its lack of practical daily use.

Well Bitcoin is a currency and can be used to buy almost anything in the internet, while gold is really an asset  but as a mode of payment nobody accepts it.
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December 13, 2017, 02:53:01 AM
 #38

The bitcoin is rising because of too many peoples to work or eran money

 It is not the work that makes the bitcoin value grow, it is those people with lots of money specially those big businessman that indulge themselve already in it. They are making such large amount affecting the value of btc making it increase. It is an in demand but the supply is not too many making it also pricey.

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December 13, 2017, 02:53:42 AM
 #39

All I can say is, HODL!
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December 13, 2017, 03:06:27 AM
 #40

It has been very parabolic lately though.
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December 13, 2017, 03:10:31 AM
 #41

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

Scalability is not an issue if BTC is used as an asset.   Just like gold it has its place in spite of its lack of practical daily use.

Well Bitcoin is a currency and can be used to buy almost anything in the internet, while gold is really an asset  but as a mode of payment nobody accepts it.

Soon BTC will be accepted as a mode of payment.
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December 13, 2017, 11:42:26 AM
 #42

It cant go on, the bears said.
It's going to the moon, the bulls said.
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December 13, 2017, 11:50:20 AM
 #43

Rising and Falling all the time but you don't know when Smiley)
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December 13, 2017, 01:08:46 PM
 #44

The mainstream starting to get attention to Bitcoin and many of them probably having doubt on Bitcoin, The rising transaction fee, longer confirmation, and many new Bitcoin forks that want to take over the real Bitcoin. I believe it because it is One of the many tests that Bitcoin has/will do. We all know Bitcoin is an experimental technology and its still at early stage. So there is always a lot of room for improvement for Bitcoin.

The recent problems is a good thing for Bitcoin because it will help to anticipate it in the future and make Bitcoin more sustainable.
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December 13, 2017, 01:25:25 PM
 #45

bitcoin will still rise for now although the price is not going to increase or decrease too deep. I think we need to wait for the middle of this month and then we can see where bitcoin wants to go. I think we were near to a new era and I guess bitcoin is transformed into a new thing that could be better than yesterday. but I don't think that we can get the image back as it used to have - Cheap and quick. bitcoin now has many problems to solve and I think we are waiting for something that could solve this so bitcoin can get stronger and good than the old time.

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December 13, 2017, 01:52:20 PM
 #46

Bitcoin is a great coin in the crypto currency world . I love ❤️ bitcoin. I think bitcoin will be able to reach 20k$ soon. Up & down bitcoin price it's depends on crypto market. But bitcoin rise & falled it's her own cultural habits 😀
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December 14, 2017, 08:46:19 AM
 #47

Also curious about this.
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December 14, 2017, 10:48:35 AM
 #48

Well, bitcoin will rise helped by its introduction in the mainstream now. Bitcoin used to be Led Zeppelin of the 60s when people found it too noisy or trashy to do anything with it. However, now bitcoin has become the Led Zeppelin of 2017 where everyone appreciates them at a level just next to the gods above! Hence, it will continue to rise in the near future, but obviously not forever. Smiley Eventually, like anything else, it will stabilize and move at a steady pace. However, in my country, there have been recent income tax raids in the bitcoin exchanges in the country, trying to seize account details of people who have made transactions. Incidents like this may increase in few more countries which may lead to a temporary setback. However, no one can stop bitcoin to rise as of now!!!! Smiley
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December 14, 2017, 11:39:42 AM
 #49

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.
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December 14, 2017, 11:59:12 AM
 #50

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.
Because of increasing btc popularity and people's desire to invest its price is gradually rising.
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December 14, 2017, 12:03:47 PM
 #51

Popularity ? Who ? Where ?

Sleep on it and it will go up.

Throw some "shit" and see what sticks.
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December 14, 2017, 12:06:28 PM
 #52

All I can say is, HODL!

That is a start.

Throw some "shit" and see what sticks.
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December 14, 2017, 12:53:42 PM
 #53

Btc has been rising everyday forcs month now. Perhaps it might stabilize but it will never stop soaring nxt year. 2017 is a great year for btc and the years to come it will get stronger.

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December 14, 2017, 02:37:37 PM
 #54

The price of bitcoins as a whole has risen, in volume and in demand
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December 14, 2017, 02:54:35 PM
 #55

To all those who are posting here with their so-called "SPECULATIONS", I guess they are illiterate enough not to read the whole OP and just posting that it will go up and rise and go to 20k or 100k or blah blah!

Do you guys even know what are you talking about? And what did I say here?

I am saying that the issues are not resolving and we need a solution as when some day, after the whole world adopts and uses Bitcoins, do you really think you will be able to cope up even with the size of blockchain? And what about the total unconfirmed transactions? This is what I want a solution for, and not what you guys are saying.

Do you see one thing here?

Let me show you one scenario quoting 2 guys' posts:

Scalability is not an issue if BTC is used as an asset.   Just like gold it has its place in spite of its lack of practical daily use.

This one looks quite reasonable because I am seeing altcoins' usage being increased as people are just using them as a medium to sell their "Bitcoins" through alts that possess least fees. You know, I sold my Bitcoins via DGB and the trader made more than 30% on it as when I bought DGB and sold them, it was at 90 and the day I sold the trader, he made over 30% after the pump. So, this clarifies that Bitcoin is not going to be bought too much when it becomes completely unaffordable or an opportunity that slips out of hands.

Well Bitcoin is a currency and can be used to buy almost anything in the internet, while gold is really an asset  but as a mode of payment nobody accepts it.

No, it isn't and you can't use it to buy anything over the internet if you compare the fees that you pay. While with gold, it's not the same as it possess a stable value and you don't need to use it for payment. But, you forgot one thing maybe, that even gold was once used to be a mode of payment as when people used to buy things for Gold pennies - that's called barter trading.

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December 14, 2017, 06:44:03 PM
 #56

In the long time, btc will always rise. It may fall back some 1000$, but on the long term it will always come back and rise further.
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December 15, 2017, 03:04:01 AM
 #57

In the long time, btc will always rise. It may fall back some 1000$, but on the long term it will always come back and rise further.

Btc is now booming, and soon other countries who banned btc will then use it. I think btc will have a small chance of falling.
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December 15, 2017, 03:07:45 AM
 #58

I think bitcoin will raising to a new price soon.
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December 15, 2017, 04:48:15 AM
 #59

The chance that it might fall again is so low and I don't think that it would go down for almost $5k anymore bit who knows? On the other hand, chances that it will go up or surge again is like a a 100% sure because of its demand. Many experts says that it could even go up to $25k by this end of year or possible that on 2018 it will surge to $30k, but the only hindrance that bitcoin's facing are the rumor that 2018 will be an ALTs year and possible many of them will skyrocketed.
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December 15, 2017, 06:57:55 AM
 #60

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.
In my opinion, bitcoin is a natural transition to the era of the digital economy, after some time, bitcoin will disappear or transform beyond recognition, but it will do its historical work, it will become the basis for new technologies.
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December 15, 2017, 07:41:30 AM
 #61

Why is by just mooning while ethereum is having a pullback?
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December 15, 2017, 08:31:16 AM
 #62

I join bitcoin recently.... and i am enjoying it. Regretting when i did join when it was merely a few dollars Grin. But we are here today. with time bitcoin will find solution to it's problem and i think they have already. Let's how next will be for bitcoin.
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December 15, 2017, 08:32:21 AM
 #63

I think bitcoin will continue to increase as people around the world begin to know and invest in it. and today many companies are developing bitcoins. so I would say bitcoin will go up

While there is a demand for bitcoins, there will always be a supply.
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December 15, 2017, 09:07:36 AM
 #64

You know, mining is many. There are large farms, small farms, in the truest sense of the word farms. Farmers raise livestock, cryptocurrency, because they have, for example, private wind turbines or small hydroelectric. This is a widespread trend.The number of people employed in the industry of cryptocurrencies is constantly increasing , this is followed by a conclusion by the end of 2017 prices will soar to the heavens.BTC
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December 15, 2017, 11:55:50 AM
 #65

I think the future of bitcoin should be a foundation  for many application chains.

Bitcoin shouldn't always be treated as a currency, actually it can't replace the legal moneys system.  But we can set up a new blockchains world base on the expensive bitcoin chain.
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December 15, 2017, 01:13:24 PM
 #66

The following trends have a positive impact on the price of btc:

- greater demand led by new investors and speculators

- more use cases as more spartups launch their blockchain products
 
- rsk rollout could generate further demand

- lighting network should boost confidence and provide some answers to those who doubt

Here are the negative signals:

- growing fear of governments could lead to further bans

- scams and hacking can put people off

- scalability and efficiency issues if not resolved early enough

Greetings From zurich
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December 15, 2017, 03:59:55 PM
 #67

To all those who are posting here with their so-called "SPECULATIONS", I guess they are illiterate enough not to read the whole OP and just posting that it will go up and rise and go to 20k or 100k or blah blah!

Do you guys even know what are you talking about? And what did I say here?

I am saying that the issues are not resolving and we need a solution as when some day, after the whole world adopts and uses Bitcoins, do you really think you will be able to cope up even with the size of blockchain? And what about the total unconfirmed transactions? This is what I want a solution for, and not what you guys are saying.

Do you see one thing here?

Let me show you one scenario quoting 2 guys' posts:

Scalability is not an issue if BTC is used as an asset.   Just like gold it has its place in spite of its lack of practical daily use.

This one looks quite reasonable because I am seeing altcoins' usage being increased as people are just using them as a medium to sell their "Bitcoins" through alts that possess least fees. You know, I sold my Bitcoins via DGB and the trader made more than 30% on it as when I bought DGB and sold them, it was at 90 and the day I sold the trader, he made over 30% after the pump. So, this clarifies that Bitcoin is not going to be bought too much when it becomes completely unaffordable or an opportunity that slips out of hands.

Well Bitcoin is a currency and can be used to buy almost anything in the internet, while gold is really an asset  but as a mode of payment nobody accepts it.

No, it isn't and you can't use it to buy anything over the internet if you compare the fees that you pay. While with gold, it's not the same as it possess a stable value and you don't need to use it for payment. But, you forgot one thing maybe, that even gold was once used to be a mode of payment as when people used to buy things for Gold pennies - that's called barter trading.

The way I see it the problem with the high fees can go in one of two scenarios:
1. Confirmation times and fees become too high for many people, and they will simply slow or completely stop trading. A decrease in trading volume can make the price to fall down, but the main effect will be shorter confirmation times (less transactions to process) in the short term, and lower fees (as there will be more competition on the transactions between miners) in the long term.
2. Fees become high enough to make it profitable for more people to join into/open new pools. This will increase the computing power on the net and will get the same effects as scenario 1 in short and long term.

Of course there can always be scenario number 3 where too many people get frustrated with the current high price and poor performance of the network, and massively dump their bitcoin. But in my opinion this is less likely to happen. Usually those problems that are caused by people overwhelming the market just solve themselves, as the market tends to balance.

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December 15, 2017, 04:19:26 PM
 #68

It depends completely on what people value the currency as. Since there is a limited amount, owning some Bitcoin will give you a portion of the total. Lets say you own 1 percent of the total. If the Bitcoin economy was buying and selling 1 million dollars a day, your 1 percent is worth 1 percent of that 1 million, or $10,000.
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December 15, 2017, 05:11:07 PM
 #69

In the long time, btc will always rise. It may fall back some 1000$, but on the long term it will always come back and rise further.

Really you think that will fall to 1000$ ? I hope you meant to say 10000$ which may be fair considered the rise all started after it crossed 10k and then the upswing continued and seems it will still continue to some extent before a break out might happen. This year its being the bitcoin year where people across globe now wants to get the hands on it.

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December 15, 2017, 05:38:07 PM
 #70

In the long time, btc will always rise. It may fall back some 1000$, but on the long term it will always come back and rise further.

Really you think that will fall to 1000$ ? I hope you meant to say 10000$ which may be fair considered the rise all started after it crossed 10k and then the upswing continued and seems it will still continue to some extent before a break out might happen. This year its being the bitcoin year where people across globe now wants to get the hands on it.

I don't know, but looking back at the past experiences itcoin's price seems to always drop at the end  and the begining of every year, i mean last year we had the bitcoin go down from 1000$ to 700$, i don't really know the reson behined it but i think that is due to the fact that many poeple are cashing out what they have earned all year long, and i think many people will do the same this year as well so we might witness a slight drop in the price, it surely won't fall to 1000$ like you said, probably arount 12k 13k at max.
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December 15, 2017, 07:04:31 PM
 #71

The way I see it the problem with the high fees can go in one of two scenarios:
1. Confirmation times and fees become too high for many people, and they will simply slow or completely stop trading. A decrease in trading volume can make the price to fall down, but the main effect will be shorter confirmation times (less transactions to process) in the short term, and lower fees (as there will be more competition on the transactions between miners) in the long term.

It's not just going anywhere, it's just that the competitors have already started their games, I really thank God that Bitcoin is still the major chain amongst all those bullshit forks that are just popping up with a simple purpose of making money over noobs. But the problem is, miners should now understand that what they are taking (which is ~ between $10 - $100) is way too far from the actual fee we used to pay before, and i.e.; $0.1 - $1.
It's not like trading will stop, but people are now bound to wait more and then make a better amount in terms of coins to trade (so to satisfy their mind by paying a fee for two transactions in just one by combining both of them). But as said, miners should adjust the fee structure else the time is not too far for everyone switching to some alts to satisfy their needs and Bitcoin will only remain there as an asset (which it already is), but will be seen as something not worth to be invested in due to these issues.

Quote
2. Fees become high enough to make it profitable for more people to join into/open new pools. This will increase the computing power on the net and will get the same effects as scenario 1 in short and long term.

Become? They are already too much high. Compare to previous times and check now, we now pay more than 1000% over fees too, are we here for the same? I understand that the computational power that Bitcoin takes, needs higher returns too for the miners in order to continue mining, but still if all this and majorly, halving is considered, I believe that the maximum we should currently pay in fees must be not more than $2 (taking $1 as previous fees) because $0.5 was normal when miners were getting 50 BTC rewards and now, after the second halving, they get 12.5. What's more important to them? BTC or fiat?

Quote
Of course there can always be scenario number 3 where too many people get frustrated with the current high price and poor performance of the network, and massively dump their bitcoin. But in my opinion this is less likely to happen. Usually those problems that are caused by people overwhelming the market just solve themselves, as the market tends to balance.

Not in this case, because it's completely based on the tendency as well as intentions of mining community. You said correctly that people might leave because of the fees but dumping their coins is actually not going to happen as they know what they have invested in.

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December 16, 2017, 08:21:28 PM
 #72

I think its clear that the value of bitcoin is rising due to the influx of positive headlines regarding BTC as an investment opportunity.

There are hordes of new investors jumping on BTC, this is obvious as the backlog of transactions is currently insane, with even high fee transactions taking hours to confirm.

Jump in now, or regret it when it hits $20k.
We are still at the begining. There are issues that bitcoin community needs to solve - transaction speed, max number of transactions as there would be more and more people joining bitcoin on its rise up. It follows the exponential growt of social networks. I suppose we will run over 20k USD soon and in first months of 2018 we would get to 27k USD, end of year 2018 - 50k USD definitely possible. And with the lighting network and improvements, the growth momentum will pick up even more speed.
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December 17, 2017, 02:29:11 AM
 #73

Based on my intuition and news around bitcoin as of late, IT IS soon to fall! For investors are looking now for a realistic thing to gain profit from, and if the number of users and uses of bitcoin in our daily lives does not increase,  it is only expected that the price of the commodity itself will fall.

 
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December 17, 2017, 04:09:22 AM
 #74

As of right now, bitcoins are undeniably rising. Throughout the years, bitcoins have continued to grow in price, which may have been because of the rising popularity of bitcoin.
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December 17, 2017, 12:45:08 PM
 #75

Are we near to a new era or an end?
I guess its close to a new era in a sense that BTC is more and more seen as an investment rather than a currency. It could of course be the case that this will end at some point but I think that BTC will establish itself more and more as a investment like gold (with a higher risk associated to it).
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December 17, 2017, 01:45:14 PM
 #76

Bitcoin now is very popular even in schools, some students are joining bitcoin.
As the popularity of bitcoin growing the price of it is also growin.
Its price now is still increasing and thats what makes bitcoin more popular, and more profitable.
But still no one can predict what bitcoin price will be in the future, so you better enjoy it now.

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December 17, 2017, 02:02:45 PM
 #77

It's definitely rising just look at the conversion rate. It's astonishing!
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December 17, 2017, 02:18:23 PM
 #78

As of right now, bitcoins are undeniably rising. Throughout the years, bitcoins have continued to grow in price, which may have been because of the rising popularity of bitcoin.

Absolutely.  Bitcoin price right now is very high.  It reached million in oir money if you convert usd to our currency.  So bitcoin is rising.  Even it falls it will continue to goes up and that is why there are many people who are kind of regretting that they do not inbest with bitcoin.
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December 17, 2017, 03:13:20 PM
 #79

Yes, Bitcoin is rising recently.

But another issue we should talk about is USD is falling day by day. This exchange makes crypto currencies stronger every day. There will be great future without paper money soon. Wink
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December 17, 2017, 03:40:07 PM
 #80

Probably rising because within the years bitcoin is slowly getting popular over the world, I think bitcoin has slowly reached its peak and hopefully will continue its journey. Bitcoin's popularity will continue to rise hopefully, If it becomes on the mainstream then I think bitcoin's rise will continue.
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December 17, 2017, 03:46:37 PM
 #81

I guessed it's because now a days bitcoin reach people faster and they become interested just look how social media platforms is crowded by lots of income opportunity sites/organization using btc as investment advertisement.
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December 17, 2017, 05:29:57 PM
 #82


Currently, the bitcoin growth was higher than predicted. It's hard to predict what the bitcoin will be like tomorrow.
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December 17, 2017, 05:54:11 PM
 #83

Yes I know it is true, at least, there are the people who hope the future Bitcoin will be better, at least to some degree, $ 20,000 for example.
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December 17, 2017, 07:51:46 PM
 #84

Bitcoin is definitely rising. In fact, it's rising too much due to the positive commentaries it's starting to get in the news.
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December 18, 2017, 07:38:09 AM
 #85

I completely agree with you , as BITCOIN rising day by day more and more people are getting engaged in this, more the stability is required, increase in demand = increase in supply, but when you cant supply at the same rate, its really the worst.
Bitcoin transaction halt is very serious problems for those who usually pay or transact their business through BTC, or accepts payments in BTC.
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December 18, 2017, 01:49:07 PM
 #86

For me bitcoin rising because so many interested people to now what bitcoin.Rising bitcoin to use person wisely to how easy earn money.And now expand the currency in the hole word.
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December 18, 2017, 03:11:52 PM
 #87

i believe bitcoin will rise further , few people says it is bubble ,but at the same time they says it may grow , if you have bought bitcoins at lower price and if you have made good profit then you can sell few part of them as per your requirement and rest of them you can hold it and wait for bitcoin price to go up. As i seen now bitcoin is gaining popularity and more people are interested in buying and still there very much growth on the bitcoins and also on the alt coins.

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December 18, 2017, 11:25:51 PM
 #88

Probably rise much higher, People are now getting started with crypto and more and more people will start buying.
A month ago no one I known had bitcoin and now you can see more and more people around you start talking and buying Smiley
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December 19, 2017, 03:26:13 AM
 #89

Bitcoin will certainly continue to rise, as demand continues to increase.
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December 20, 2017, 09:03:25 AM
 #90

Once again, to all those who are commenting here with their so-called "SPECULATIONS" without understanding the purpose of this thread, I would ask them to please read at least 100 times before posting. For your speculations, I have an answer here:

BITCOIN WILL COME DOWN AS OF NOW - Mark my words. The reason behind this is the ability to short Bitcoins being provided through futures to large bear market-makers and they know how to make money through the same. It's not going to be easy for the bulls to continue the bull run from this point onwards, so stop saying that "it will just go higher and higher" without any sense.

To my concerns, I saw some better decrease in the transaction fee (paid 0.0002 BTC with ~120 sats/byte). Shocking thing about it was that the confirmation got accepted in a block in a time duration of just 2 hours from the time I sent it, must say we are evolving but with a lot of fluctuations.

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February 26, 2018, 02:07:11 PM
 #91

Bitcoin will raise above 75k as it is becoming recognized currency in most countries all over the world.
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February 26, 2018, 08:33:48 PM
 #92

When there is dump / correction, we do have a great pump exceeding the percentage of loss. The long correction took place in 2015 for almost 400 days plus causing around $7.5K lose, but soon after this dump / correction, the price hiked up reaching around 140 percentage being at $13K.

If you look at current correction, Bitcion reached around $12K but fell back to $9.5K. Now we could see the price recovery bit faster. Last 5 hours growth is healthy moving upward. Go through coinmarketcap.com. This would make you clear of previous growth trend and help you to predict what will happen next.
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February 26, 2018, 11:12:52 PM
 #93

The bitcoin is rising because of too many peoples to work or eran money
Well bitcoin is rising but the token is low so for me bitcoin is continued rising its a great oppurtunity for me and for us so that bitcoin is rising many peoples are earning money,token and coins.
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February 27, 2018, 03:27:33 AM
 #94

it will be RISING Smiley
keep HOLD
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February 27, 2018, 04:45:18 AM
 #95

it will be RISING Smiley
keep HOLD

yes, it will rise and reach the highest price again but we need to be patient for a while and waiting for the price is a start to increase back. I think this price is still good to buy while the price could jump in anytime so we can sell it to make a profit. but one thing that we need to have which is we don't have to panic when the price goes down again because it is just for the correction and the price will bounce up again.

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February 27, 2018, 05:44:40 PM
 #96

I think bitcoin prices will increase. Now bitcoin is worth $ 10687 USD. Some days ago the price of bitcoin was below $ 6000 USD. I hope that.iIts price will be $ 20000 USD in the future.
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February 27, 2018, 05:48:39 PM
 #97

I think it is clear that the value of bitcoin is growing due to the influx of positive news about BTC as an investment opportunity.
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February 27, 2018, 06:04:14 PM
 #98

быcтpeй бы oн выpoc Angry Smiley
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February 27, 2018, 06:15:15 PM
 #99

I see demand for Bitcoin continuing to rise as more people become aware of it and realize how revolutionary it is.
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February 27, 2018, 06:50:20 PM
 #100

Friends,
Try to literally understand the depth of my words as to what I tried to say here. This is not a speculative topic at all, so all those speculators please stay away from this thread.

The issues we were undergoing with the holy spike in the value of Bitcoins as well as its demand that grew so hard that it became unavailable for the network to welcome the newcomers as well as their transactions - SCALABILITY OF BITCOINS.

Are we near to a new era or an end? We put our trust and support Bitcoins just because we are able to transact freely any time and from anywhere.

But I guess it's not the same anymore, even after the SegWit, things have just stabilized quite a bit but I really don't think that if it goes the same way, we will be able to cope up with the demand that will surge highly after the whole world's ends meet and decide to start using Bitcoins at an extremely wider pace. Let's talk about the fees - we were never ought to spend more than a buck before when it used to be 500 - 1k a coin (I really don't have any problems with the price rise as it's for the good of Bitcoins anyways), but after the spike, we are only seeing the fees rise and sometimes we even need to pay the whole amount of fee, sometimes even higher than the total transaction amount that's being sent. And the worst thing - even though after paying those high fees, we still don't get results as expected, we don't get our transactions taken in those blocks that just come and go and we just keep calm and wait harder and patiently that next one will take it, and repeat the same after the next one also ignores our transaction.

Don't you think this should not be the scene with Bitcoins? I am not in support of any so-called hard forks and will probably never be.
I just want Bitcoin to gain its image back as it used to have - Cheap and quick. Cheap - for transactions part and Quick - for confirmations.

I don't know what initiative is to be taken, but I really care for Bitcoins because it took care of everyone.

Well, it's been a while since you post your concerns, and the "fees issue" are already getting better. I believe BTC is not a coin for anybody, you need some kind of knowledge, it is not an easy platform for everybody to use, so maybe it is not going to be used, not even in the future, as you describe.
I think BTC still has a great issue: one-megabyte blocks, instead of the 8-megabyte block that Bitcoin Cash is already using. To me that's the greater problem we have with Bitcoin: blocks need to be heavier, bigger, in order to move all those transactions. On the other hand, you can make the blocks to work faster, instead every 10 minutes, you can force them to work in five. Of course, it would be necessary to change the code, and all the miners should agree, because, if not, there is the risk of another "fork".
It is a difficult situation the one you describe. I think we all are concern somehow about what is going to be the Bitcoin path, for it is getting "Famous" fast. I think eventually altcoins will be the option, once the BTC become slower and slower or difficult to move. But for the bitcoin lovers, as us, solutions may be seems difficult to achieve. The "fork" risk is always over the table  when talking about a change in the code.

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February 27, 2018, 07:26:14 PM
 #101

No doubt Bitcoin will rises up.The main reason for this is new applications of Bitcoins in real world,because of this demand of bitcoin is very much high.So the Bitcoin will also rises up.Also Bitcoin will have certain dumb zones because of government policies.
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February 27, 2018, 08:43:28 PM
 #102

Rising, absolutely
I think it reaches 40 thousand dollars by the end of the year
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February 28, 2018, 07:57:24 AM
 #103

In my opinion, for the popularity of bitcoin I think bitcoin rises again, and more and more people are using it.
But when it comes to bitcoin prices, in my opinion, bitcoin drops from last year's price.
bitcoin prices sometimes go up sometimes down, that's a natural thing,
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February 28, 2018, 09:45:30 AM
 #104

I know how you feel OP, and I think that's what most people are complaining about Bitcoin. Instead of its transactions to go faster because of the higher transaction fees people tend not to get what they pay for anymore when making any transactions. Unlike before when Bitcoins price was still low, the confirmation of transactions were very fast. It is like the more the higher bitcoins price is, the slower its confirmations are and probably it is because a lot of people are using Bitcoin already too. I hope they get to do something about it because a lot of people care.
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February 28, 2018, 11:06:58 AM
 #105

btc rise till october. then sidewards.
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February 28, 2018, 02:18:46 PM
 #106

Bitcoin is rising and will contiuously grow because more are becoming aware of it, as well as the blockchain technology. But with its popularity, problems on transactions are not noticed by some of its users, or not even resolved yet. And with this, failure on transaction may occur. Its been 9 years and problems with this block capacity on blockchain still exist. Due to the big number of transactions occuring everyday in relation to the big number of users, blocks are being filled up to its capacity resulting to slow transaction processes. And to solve this capacity problems, here comes the segregate witness (SegWit) where its main purpose is to free up some spaces or to increase block size limit on blockchain by removing signature data from Bitcoin transactions. And hope this problem could be resolved since bitcoin users are growing as well as its exchanges and transactions.
Im also hoping that new processes or technologies be discovered so as to improve bitcoin and blockchain technology.
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February 28, 2018, 06:03:57 PM
 #107

Bitcoin may seem to be falling right now, but I expect a good rise to the end of the summer. I think it will reach 40 thousand dollars year-end.

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February 28, 2018, 06:17:28 PM
 #108

I think it will Rise for this year.  Too Much demand.  Scalability could become even more of issue in the future though.
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March 01, 2018, 07:57:02 AM
 #109

Bitcoin (BTC) is still busy discussed. Because, in the past year the price is rising very high.
In fact, in just a short time the price can penetrate US $ 18,000 or about Rp 240 million. But it looks like BTC prices are too high.
So in the last few days it started to go down
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March 02, 2018, 11:03:56 AM
 #110

I think it will dip some more untill it wil go to 12k USD
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March 02, 2018, 11:11:10 AM
 #111

bitcoin was rising because many people want to earn money but sometimes will falling that the reason is low marketing process.
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