Speculation on BTC

[jaysabi]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

If you're a long term holder or have a high cost basis, you should be worried about this. What's more worrying still is that the "users" that spiked the price last year were nothing more than speculators looking to get rich. Compared to the number of people buying bitcoin, the number of people actually using it is only a small fraction of that. Metcalfe's Law contemplates value related to legitimate utility, which speculators don't play much of a role in, if any. The spike we saw in 2017 was not sustainable and not legitimate use of the bitcoin as a currency or medium of exchange, which is where any value under Metcalfe's Law would come into play. And you can see presently why you want actual use over speculative use, because actual use represents more permanent value creation and speculative use represents unreliable and unpredictable value creation. The price crash we've been experiencing for 6 months is attributable to the loss of speculators from the market. Without that buying demand, price cannot be sustained.

[BartS]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

I think those two things are different aspects, in one hand you are right when you say that business have stopped adopting bitcoin and in fact we seem to see the opposite, the adoption by new users has slowed down somewhat due to the crash but it was very good before it, the main problem for business were the high fees and I sent a transaction some days ago and the fees were very cheap comparing them to a few months ago and this is going to improve when the lightning network is working, so we will see more adoption in the future it is just going to take longer than we anticipated.

[henmark]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

Whether or not a US government bitcoin speculation is in the process of investigating whether or not the speculation manipulates the cryptographic market in general btc in particular. The investigation is supposed to focus on tricks that can be Affect on the transaction price

The price speculations have been of optimistic nature and it has been speculated that the values of Bitcoin will rise as high as $30000 and might even surpass this value in 2018. As a result of this prediction by the top experts, the demand for Bitcoin has again risen in the market and this trend has also vibrated the whole crypto market which means we are moving towards good time.

[bololord]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Every people have different opinion but those kind of article are needed because there's a lot of negative news about bitcoin now, I think they want people to have faith in bitcoin because there are many users lose their faith and trust but I believe bitcoin will overcome all the struggle and it will bounce back more powerful.

[Cindykhato]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Bitcoin will always here and it will not burst as what others said. We just need to believe that this will make us profitable when we invest this in a long term plan.

[therwtonn]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

There are different cryptocurrency today in the market that is keeps on coming out and because of that, the competition in the market is keep on tightening up and we can expect for the price of bitcoins to increase further more in the future.

What do you mean by good days? There are no more good days like the ones in the previous year. That pump was unnatural and that’s why it collapsed like fail rocket and now the price is normal and corrections are also normal. Volatility is not a big problem for bitcoin because the price is so high that few hundred dollars up and down can occur any time.

[Paniudto]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

Honestly i don't believe in people saying that the price of bitcoin will decrease or will go up because there is no one of us here that can actually predict the price of bitcoin in the future. That is only pure speculation and we should monitor the price ourselves.

[handyhuman]

on what basis do they talk like that? is it just a prediction?
but I hope it really happened  

Yeah we all hope for that because if ts gonna be happened I'm sure our life will changed financially.I hope we should pray and positively believe for it.

[nyerok]

for bitcoin price speculation the bitcoin price should be more than $ 20k because the current bitcoin circulation is also getting thinner and getting bitcoin is already very difficult.

[liseff3]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

A statement sometimes arises because of the existence of a strong hope from that person. With the publication of the statement, it is expected to eliminate the fears that are happening and can foster a sense of trust, especially among users. 
Everyone has their own opinions and assumptions as well as what he predicted, I think that doesn't matter as long as the predictions were correct for the benefit of the public.
Honestly I believe in his prediction, I hope the decline this time is the last drop for bitcoin and maybe next week there will be a big jump.

[Kevin77]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

Whether or not a US government bitcoin speculation is in the process of investigating whether or not the speculation manipulates the cryptographic market in general btc in particular. The investigation is supposed to focus on tricks that can be Affect on the transaction price

The price speculations have been of optimistic nature and it has been speculated that the values of Bitcoin will rise as high as $30000 and might even surpass this value in 2018. As a result of this prediction by the top experts, the demand for Bitcoin has again risen in the market and this trend has also vibrated the whole crypto market which means we are moving towards good time.

On what basis is it going to be rising? Based on real demand or fake demand that some set of people just bring up to cause some moves in the market. The same set of people who are buying hugely and creating pumps are the same set of people who are dumping. This is a growth hindering process as most users will apparently stick to the fact that this is going to be more like a money making stuff without the real usage coming into play.

We need to see real demand, people using it for their daily stuffs, the market cap increasing based on main stream adoption, and that is what would really help and not just some speculation here and there.

[ShineftChaos]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

No one can actually surpass the price of bitcoins or rather say an ico who will surpass the price of bitcoins in the future but maybe ethereum coins will have a long run today and definitely reach the price of bitcoins someday because the developers are just doing right on their platform.

[Nylelyn]

After the peak of bitcoin which took place in the last quarter of 2017, everyone witnessed the big and continuous from the beginning of 2018. The market became a little slow till then. Therefore, I sincerely hope that in the next quarter bitcoin value will rise up and regain as everyone awaits. It is good to spread that volatility is a good characteristic of bitcoin that will increase its value thru positive news and trends that will create financial security to all investors that 2018 is one of the best year of bitcoin.

[bangkit tri]

I believe there are plenty of powers fighting for the dominance over bitcoin some of which are trying to suppress the price and some drive it up. Moreover, bitcoin's rate is pretty dependent on news. With all that in mind, I would dare making any predictions as there always is a chance of a black swan.

No one can actually surpass the price of bitcoins or rather say an ico who will surpass the price of bitcoins in the future but maybe ethereum coins will have a long run today and definitely reach the price of bitcoins someday because the developers are just doing right on their platform.

if it exceeds the price maybe the bch is closest to bitcoin. but i think it is still far away. we know, all coin and altcoin depend on bitcoin, so it will be hard coin else chase it

[TomUyamot]

The truth is that speculations on the price of Bitcoin is coming from everywhere, and everyone. If you want to know the real bases of these speculations, you might only find yourself smiling while scratching your head or feeling disappointed and just shake your head down. The fact is that anything can happen. The only hope I am seeing is that cryptocurrency is really getting more popular. I am banking on this when I look forward to the day when Bitcoin's price will get back to somewhere $20,000.

[altcoin4u]

My own opinion is that speculation are everywhere, in the world of bitcoin it consists of people that know many information and the beginners. What you need to do depends only on your personal knowledge

[Kiweikoo]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

I think those two things are different aspects, in one hand you are right when you say that business have stopped adopting bitcoin and in fact we seem to see the opposite, the adoption by new users has slowed down somewhat due to the crash but it was very good before it, the main problem for business were the high fees and I sent a transaction some days ago and the fees were very cheap comparing them to a few months ago and this is going to improve when the lightning network is working, so we will see more adoption in the future it is just going to take longer than we anticipated.

Negative speculation will discourage people and they will stay away of the market of cryptocurrencies due to the negative news. On the other hand positive speculation in the market will encourage people and more people to take the ways straight towards this market.

This improves the mind of people and brings increase in the demand factor which further improves the value of Bitcoin and other coins.

[Voidcrafter]

As they say how many people so many opinions. Do not believe in the truth 2 people who told their opinion about the cryptocurrency market (bitcoin). But taking this opportunity, I will Express my opinion about speculation today. The bitcoin rate is falling, today it is 6100-6300$ depending on the exchange. the rate is falling and there are good reasons. The market is tired, so much bad news. ( At one exchange hacked, then another) The problems in the countries with the law on the settlement. There is no inflow of new money at the moment. Market correction lasts a long time. Now the market can fall to the level of 4000-4500$. If it is, then there will be a lot of people who want to enter at a very interesting price in bitcoin, and thus there will be a new wave of growth, which will be double as always. There will be 2 candles with a growth period of 1-2 days, and then a pullback. If the price drops to 4500, the growth will be up to 12-13 000$ / I am sure that the market needs rejuvenation of participants. So be patient.

[ontrackk]

I am kinda worried about one factor - rate of Bitcoin adoption. It seems like adoption slowed down significantly during last year, and sometimes even reverted (Steam is no longer accepting BTC)
Metcalfe's law states that the value of a network increases as the number of users on said network increases. So the number of users we have, affect directly the price  BTC
Adoption is somewhat stagnant - no major company is talking about accepting bitcoin as a payment method - because they know that people are not willing to spend their coins anyway.
I am worried that "hodling' mentality of Bitcoin users, in the end, will be a very big problem and the reason for low BTC adoption.

I think those two things are different aspects, in one hand you are right when you say that business have stopped adopting bitcoin and in fact we seem to see the opposite, the adoption by new users has slowed down somewhat due to the crash but it was very good before it, the main problem for business were the high fees and I sent a transaction some days ago and the fees were very cheap comparing them to a few months ago and this is going to improve when the lightning network is working, so we will see more adoption in the future it is just going to take longer than we anticipated.

Negative speculation will discourage people and they will stay away of the market of cryptocurrencies due to the negative news. On the other hand positive speculation in the market will encourage people and more people to take the ways straight towards this market.

This improves the mind of people and brings increase in the demand factor which further improves the value of Bitcoin and other coins.

The worst thing is that these news can be easily manipulated by the rich people in our society what means that in a sense the bitcoin price can be manipulated by rich people.

[Bezobraznike]

I was reading the Speculation section from the Economics forum yesterday, and two guys from the BTC Foundation said that 2018 will be the last time that Bitcoin will be under $10,000. I believe that this statement was made to lessen the worry that comes about every time that BTC drops. I don't know how anyone could make that statement in full faith though, as the nature of altcoins is its very volatility. Since it is not tied to normal economic conditions as fiat currency is, I don't quite see where that prediction comes from. The fact that many economies are talking about some type of oversight does show that acceptance is gaining and perhaps is a harbinger of more stable, and higher, prices.

   I didn`t hear about this prediction until now. It`s very reasonable prediction, Bitcoin is making higher all times high every couple years, and almost every year
Bitcoin have higher bottom. It`s fine someone to have more faith than others, I have a lot of faith in Bitcoin and many alt-coins!
   I have read threads from 5 years ago. Many people didn`t believe that Bitcoin will get this far. Threads from two years ago when price were under $1000, just
few people predicted $10000 in 2017, others didn`t believe.
   We have same situation today, believing in Bitcoin or not is the question? I believe, I made my decision already!