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Author Topic: Bitcoin, how far it can go!  (Read 1878 times)
eyebags1994
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February 01, 2018, 08:43:40 AM
 #21

For sure it will so so far from what we expected because a lot of people use it in a right way. And bitcoin helps a lot of people so through I know it will go so far .
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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February 01, 2018, 09:13:26 AM
 #22

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
The forecast of Bitcoin's course can not be made without taking into account the possible regulation in different countries. Loyal legal norms on the example of Japan show that they can allow Bitcoin to develop freely and without restrictions. If such a policy is implemented in many countries and most major markets, Bitkoin's course in 2018 has every chance to return to $ 20k, reach $ 50k and go even higher.

However, while the situation is not in favor of the cryptocurrency market. Many countries around the world and financial institutions are expressing concern about Bitcoin. Recent developments in the South Korean market demonstrate that legislative measures can be quite effective and directly affect the course of Bitcoin.

China, another giant of the cryptocurrency market, is trying to limit the extraction of digital currency on its territory, and this, too, doesn't add optimism to the forecast for 2018.

Many European countries still take a wait-and-see attitude, but central banks have repeatedly spoken about the need to regulate the digital currency market as early as 2018. For example, Thomas Jordan, the head of the Swiss National Bank, said that "you can not limit traditional currencies, but at the same time completely allow anonymous tools."

Now about another fact, about the growth of the demand.

An important indicator of the growth rate Bitcoin, may be its relevance. The demand for cryptocurrency is growing from year to year, and this is the main driving force in its development. If the trend continues, the forecast for Bitcoin's 2018 exchange rate will in any case be positive. The coin can sag because of the action of various negative factors, but in general Bitcoin in 2018 will continue to grow.

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February 01, 2018, 10:15:40 AM
Last edit: February 01, 2018, 10:41:49 AM by Jateng
 #23

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
It go so far a long time because of being amazing of bitcoin  sooner or later bitcoin also all of the people have a bitcoin account as long as you work for it you can achieve
It’s not as simple as that. Working hard and put all your effort in one thing will not guarantee a sure result at the end. If you’re talking about earning bitcoin or other aspect of working, sometimes it’s also about your faith and determination is the key with a good result at the end.  
We can’t tell how long it will go, maybe it will continue to dump or it will go pump again that we never expected.  Governments already pay attention to this trending technology where they want to regulate not just because they want it but because they also considered the secure the finances of their people.

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February 01, 2018, 10:32:39 AM
 #24

it's hard for bitcoin to rise in the beginning of 2018 because of the bitcoin bouts in jegal by many rules from the government, so that users are afraid of it, it affects the bitcoin price in the market that impacts the price reduction, or I think this is the setra tegi of them to be able to buy bitcoin at a lower price after which they will legalize it

none of this knows, the most important is still positive thinking
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February 01, 2018, 10:51:41 AM
 #25

well for me bitcoin will never end as long as many people will invest on it.If alot of people will still investing so that bitcoin will grow more and more and it will be popular all over the world.Bitcoin will conquer all the banks and it will be the most admired crypto currency all over the world and many people will be happy and continue to earn and get rich because of bitcoin.

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February 01, 2018, 10:54:04 AM
 #26

The happening for bitcoin now is very serious because its takes a week, for a very long period of low price I do not know if this would be good for the future of bitcoin or not.
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February 01, 2018, 11:05:21 AM
 #27

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.

What I can see is the only worst scenario of the era. Couldn't even understand why bitcoin is fluctuating like hell. Juts now I saw bitcoin went down to 8.9K and now again back to 9.5K. It is still the worst prices anyone can imagine for the bitcoin.

This is definitely government who is causing the whole drama and they have created the fear of bitcoin market crash into everyone's mind. All the investors are in ambiguity whether to sell it or hold it. Even everyone at this moment is in complete loss because we have to accept the thing that this is the lowest prices since December and everyone had hold on to it at higher rates.

We are tangled into circle of the government wrath.
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February 01, 2018, 11:08:17 AM
Last edit: February 01, 2018, 02:10:22 PM by Jaycee99
 #28

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go?

Bitcoin can be really unpredictable but few has some bases to see what will going to happen. Like what I heared from some few birds they think that this feb something crazy will happen and for me I'll wait for it, like what happend in december. To honest I cant say the impact last december would happen again but lets see and enjoy it if it happend so I would suggest you guys go but bitcoin worth 50USD

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Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.

Well to honest nothing is imposible when it comes to bitcoin and our goverment. CIA, NBI etc they can see everything and who knows that they can touch bitcoin in one click or in a hackers view in one touch of a many code to one click. Sorry for that dizziness but thats how I see a hacker. To think thah maybe they can control it and try to help or something who really knows only professional IT can see it and those who are into bitcoins.  

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February 01, 2018, 11:22:49 AM
 #29

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.

No it does not matter what the government do to refulate bitcoin. The thing that i think about the drop on bitcoin price are the emergence of other cryptocurrencies which make it a competitor to bitcoin. Investors did not fucos only in bitcoin but also invests on many cryptocurrencies which lessen the demand on bitcoin and the supply grows.

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February 01, 2018, 12:42:18 PM
 #30

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.

This has been a struggle ever since Bitcoin became famous after it breached the $1000 mark a few years back and most of the attempts at bringing it to a regulation have been laughed upon as it is impossible to do so. Centralized banks of many countries (federal and reserve) have tried their best to take authority but all the efforts have been futile thus far.

I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them?

Currently, Bitcoin is finding it very hard to gain any sort of traction as most of the news surrounding it have been pretty gloomy. Remember when it went as high as $20k? It was all good news and praises with more support pouring in from most of the world.
In my opinion, we're in for a tough first quarter this year and things will only get better as we proceed towards the second half of the year when prices will begin skyrocketing again.
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February 01, 2018, 12:53:40 PM
 #31

It is true that bitcoin is facing some problems right now, but i am sure that it will be fine. Even big entreprises face problems that make them fall a bit, that period is called the valley of death, but they mostly survive it, especially when they have a lot of people benefiting from it, and supporting it.

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February 01, 2018, 12:57:24 PM
 #32

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.

No it does not matter what the government do to refulate bitcoin. The thing that i think about the drop on bitcoin price are the emergence of other cryptocurrencies which make it a competitor to bitcoin. Investors did not fucos only in bitcoin but also invests on many cryptocurrencies which lessen the demand on bitcoin and the supply grows.


Bitcoin probably attracted more attention to it and crypto than it can handle at the moment. Funny how governments suddenly gave a crap about btc now and wanted to regulate it to nonexistence after it boomed last december. There's not this much drama last year. I still think btc will go beyond its ath but it will have harder challenges from now on as it may be going against some governments

 
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February 01, 2018, 01:20:01 PM
 #33

I think let time will eventually answer everything.
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February 01, 2018, 01:27:08 PM
 #34

So far away bitcoin can go on until the world economic system not using ecomercy, so far the bitcoin will be use in the world until the end off the technology and the people who more interested to make transaction by manual not using electronic comercy, for the next time I see many people and the big investor more interested for using ecomercy system so the bitcoin is a part of e comercy and it will continue for several year later. Just keep your bitcoin and get profit from your bitcoin.

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February 01, 2018, 02:23:41 PM
 #35

bitcoin will go far beyond expectation, many people are still coming and wanting to have bitcoin though the supplies are not getting bigger, this will lead to having a shortage and supply and demand will lead this coin to go up and up and up as always. the government will put taxes on bitcoin as people are much more focus on it than getting a job.
Bitcoin is too far than the other innovations of business. Not only bitcoin goes far but also the people who joined bitcoin because the progress is still continuing and it is always changing for the better. Our economics is always in demand for the new trend but bitcoin handles everything well for the future of everyone.

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February 01, 2018, 03:10:00 PM
 #36

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
We don't know yet how far bitcoin can go because bitcoin is facing different charge lately and before was the government/hacker issue and now facebook has join the course. But fate of bitcoin rely on bitcoiner who don't panic sell. However, it working out for the government cause their is seeing bitcoin going red and people loosing their in bitcoin as investment.

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February 01, 2018, 03:25:00 PM
 #37

Hi,

There are two different things here:

1 -  The price is decreasing. And that's quite logical. First because it is still the begining of the year and that is what bitcoin prices do in January. Then, we have seen many announcement from several governments, trying to implement legislations preventng (or limiting) the use of bitcoin. Many people are worried, many others think that bitcoin is already dead.. Consequence: logically, the price descreases. Just wait a bit, you will see it rises back, as people buy bitcoin since the price is low.

2 - You are right, more and more governments are making statements, speaking about bitcoin. Mass media tend to talk about it whereas even only a year ago it was a shadow geeky thing. Now, everyone (well, a large part of the population) know about bitcoin. At least about the name and what it represents. Of course, many are sceptical BUT even though most people still don't show interest in it, the community is growing enough to worry government. Due to technical progresses, bitcoin has nothing to fear from the law which slow to implement and even slower to adapt to changes. However, the fact that regulation exists is great. It proves that bitcoin can be indeed a threat to central control. And that's great!

So yes, you are right, the situation is quite new. And it is quite a great news! Wink

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February 01, 2018, 03:37:56 PM
 #38

I believe that bitcoin will still operate because more countries are adopting it and used in business transaction even some of other countries had banned bitcoin.I think the government will enter in the world of bitcoin and compulsary the companies who use bitcoin in their business  will pay taxes.
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February 01, 2018, 03:40:26 PM
 #39

In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.

I think with or without the regulation, bitcoin can still go long.
I think the price of bitcoin will not define it's efficiency. Not unless you invested high and you have lost half of what you have. I think you will not have any calmness. Greedy people will always base on the price growth and profits it gives.
How about mainstream? How can we expect for it to happen without the government.

Bitcoin will remain and that is for sure. This kind of technology is one of a thousand creation that government will look after.
From my opinions, these issue regulation are the problems for big investor which will limited their activity in the market. That's why we can see from a whole this month, Jan. Mostly both Bitcoin and Altcoin's are getting fall more dip.
We need new attraction to how those big investor will comeback again into the market and making this crypto currencies become recovery.
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February 01, 2018, 03:48:14 PM
 #40

I believe that bitcoin will still operate because more countries are adopting it and used in business transaction even some of other countries had banned bitcoin.I think the government will enter in the world of bitcoin and compulsary the companies who use bitcoin in their business  will pay taxes.
I believe so.Bitcoin will still continue to live for the next 10-20 years and hopefully by that time,the government has now adopted and made it legal in most of the countries.With this,more people will discover its potentials and eventually they will invest in bitcoin making the price more higher than the previous years.Maybe the price has been so depressing for everyone here but i know few days from now,it will recover its price and will soon to skyrocket again.

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