Bitcoin: Rising or Falling?

[gilbsx]

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.

[uccoin]

It cant go on, the bears said.
It's going to the moon, the bulls said.

[ForeverSmall]

Rising and Falling all the time but you don't know when )

[vv181]

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.

[traderethereum]

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.

[Allen sam]

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 😀

[marielbeckham]

Also curious about this.

[Vishnu.Reang]

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. 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!!!!

[mark basa]

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.

[Nina J. Porter]

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.

[Easteregg69]

Popularity ? Who ? Where ?

Sleep on it and it will go up.

[Easteregg69]

All I can say is, HODL!

That is a start.

[Bessta]

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.

[limod]

The price of bitcoins as a whole has risen, in volume and in demand

[Stedsm]

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.

[Swoshinima]

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.

[Mademoiselle]

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.

[V. J. Meyer]

I think bitcoin will raising to a new price soon.

[Hexah]

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.

[levancov]

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.