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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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devphp
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November 19, 2014, 02:47:54 PM |
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same, 300-400
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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November 19, 2014, 02:52:59 PM |
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I think it won't change much, we will certainly not see $1000 if that's what people are thinking and hoping for. It will swing between $250 - $500 There will be a lot opportunities to make good profit  |
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bornil267645 (OP)
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November 19, 2014, 02:54:22 PM |
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I think it won't change much, we will certainly not see $1000 if that's what people are thinking and hoping for. It will swing between $250 - $500 There will be a lot opportunities to make good profit Dont you think it's better to have the price in 300-400 range rather than sky scraping in 1000 mark? |
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sherbyspark
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November 19, 2014, 03:32:09 PM |
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It might be possible that it remains the same, but its hard to say, that it will be so for the entire year. Bitcoin prices have never been stable over 1 full year before, there are always events which either affect the price in a negative way or a positive way causing swings. These swings have made the price vary by upto 200-300$. |
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Dafar
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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November 19, 2014, 08:32:58 PM |
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The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching bitcoin at this point or using it for remittances. A whale with a mere million dollars can manipulate the price easily as at this point. If the price stays this low for good, then bitcoin has FAILED
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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November 19, 2014, 08:41:37 PM |
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I would like to see the chart follow the mining rate as it should. This would mean a steady rise (no bubble).
Stability will not hold, someday either miners will quit or hodl. The reasonable reaction in both situations would be an increase.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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devphp
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November 19, 2014, 08:43:27 PM |
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The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching it at this point for remittances. If the price is this low, then bitcoin has FAILED
What makes you think corporations and banks will seriously think about touching Bitcoin (or cryptos in general) that they can't control? Oh wait, I get it, because pumpers told you so. Not gonna happen, Bitcoin and other cryptos are not for corporations, but for people. If people don't want Bitcoin or other cryptos, then cryptos are useless. If you wait for corporations to somehow convince people to buy Bitcoin and use it, well think again. Without unique use cases Bitcoin or any other crypto currency is doomed. Whatever solutions corporations can offer are centralized and they go against the principles of crypto currencies, that's why corporations are irrelevant. |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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November 19, 2014, 08:56:19 PM |
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I think it won't change much, we will certainly not see $1000 if that's what people are thinking and hoping for. It will swing between $250 - $500 There will be a lot opportunities to make good profit Dont you think it's better to have the price in 300-400 range rather than sky scraping in 1000 mark? That's the beauty of a free market, that what today seems low, can tomorrow be way too expensive, and vice versa. The price doesn't really matter that much, stability will come once we get rid of very short term investors, early adopters, etc. But that will take many years, time will tell |
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Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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November 19, 2014, 08:57:20 PM |
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The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching it at this point for remittances. If the price is this low, then bitcoin has FAILED
What makes you think corporations and banks will seriously think about touching Bitcoin (or cryptos in general) that they can't control? Oh wait, I get it, because pumpers told you so. Not gonna happen, Bitcoin and other cryptos are not for corporations, but for people. If people don't want Bitcoin or other cryptos, then cryptos are useless. If you wait for corporations to somehow convince people to buy Bitcoin and use it, well think again. Without unique use cases Bitcoin or any other crypto currency is doomed. Whatever solutions corporations can offer are centralized and they go against the principles of crypto currencies, that's why corporations are irrelevant. Uhhh..... corporations can save millions of dollars by using bitcoin as a global money transmitter, that's one of the simplest and most obvious "unique" use cases for bitcoin |
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devphp
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November 19, 2014, 09:04:47 PM |
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Uhhh..... corporations can save millions of dollars by using bitcoin as a global money transmitter, that's one of the simplest and most obvious "unique" use cases for bitcoin
I've heard this general statement many times, but I don't think those who say it actually have a clue what they are talking about. Corporations don't pay those costs anyway, their customers pay the fees. Customers would have to purchase Bitcoins and pay a fee too, so what difference does it make? This saving of millions of dollars doesn't make sense, especially because Bitcoin is so volatile, you buy a few Bitcoins and you don't know whether their value would still be the same tomorrow or you will lose a few dollars before you can spend those Bitcoins. In short, this corporations will save Bitcoin bullshit is just another myth. One more myth: Bitcoin ETF from twin brothers will help drive the price. Crypto currencies are for the people and by the people, forget corporations. |
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ssmc2
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Activity: 2002
Merit: 1040
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November 19, 2014, 09:08:56 PM |
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^ Don't feed them, people ^
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Odalv
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Activity: 1400
Merit: 1000
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November 19, 2014, 09:15:17 PM |
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2015-11-19 => price of 1 btc will be greater than $1675 USD
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NotLambchop
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November 19, 2014, 09:18:49 PM |
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^ Don't feed them, people ^
Because debate is morally wrong.  |
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riiiiising
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November 19, 2014, 10:04:45 PM |
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^ Don't feed them, people ^
Because debate is morally wrong. On this forum, either you're a kool-aid drinking believer, or you're banned Ask fallllling (except you can't, because he was banned for being right). |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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November 19, 2014, 10:13:49 PM |
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^ Don't feed them, people ^
Because debate is morally wrong. On this forum, either you're a kool-aid drinking believer, or you're banned Ask fallllling (except you can't, because he was banned for being right). I'd hope the ban came around from being dull, repetitive and spammy rather than any ideology. |
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Mieehayii
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November 20, 2014, 01:55:57 AM |
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transmigration of bitcoin price.
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bornil267645 (OP)
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November 20, 2014, 05:13:55 AM |
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The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching bitcoin at this point or using it for remittances. A whale with a mere million dollars can manipulate the price easily as at this point. If the price stays this low for good, then bitcoin has FAILED
Why should any new investor want to invest in something so volatile. They will not be encouraged if they see the price faltering all the time. So steady is the way to go about it. |
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TinaK
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November 20, 2014, 05:25:04 AM |
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I hope you do not have any illusions that price to the moon.
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sureman_otter
Member
Offline
Activity: 92
Merit: 10
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November 20, 2014, 05:41:12 AM |
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The tiny market cap and subsequent lack of liquidity limits its use to transfer mass amounts of value as a currency should. Volatility is just one of many of the results of a small market cap.
The sooner market cap grows by 10x and 100x, the better. Volatility is a result, not a cause. So please shut the fuck up about "stability" at $300-$400, because corporations will not even think about touching bitcoin at this point or using it for remittances. A whale with a mere million dollars can manipulate the price easily as at this point. If the price stays this low for good, then bitcoin has FAILED
X2 the market cap has to be high enough for corporations to use on a larger scale and more volume, as well as downchain in the supply lines..they are interested, Overstock is a good example, but staying in this range it will always be small. bitcoin may be for the people, but if corporations dont sign on hardcore the people will not realize any value from it.. |
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