thejaytiesto
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February 09, 2015, 03:30:26 PM |
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Bitcoin needs 10+ years. The mining reward is just too high anytime before that for the price to hold any new highs.
I totally disagree, the reward isn't that high when you think of how many people are sharing it. Everyone who is predicting that bitcoin need 10+ years doesnt know what theyre saying. I think in 2 years people will start catching up, but it will take at least 10 years for BTC to surpass all other electronic payment methods and have a super high solid price.
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Netnox
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February 09, 2015, 03:44:56 PM |
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Can we price it in already then?
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TYT
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February 09, 2015, 05:00:02 PM |
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Two years is a respectable wait. I think the block halving in 2016 could be a big moment, but think we should really gain some traction with merchant over the next 18 months or so. Here's hoping.
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gogxmagog
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Ad maiora!
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February 09, 2015, 10:56:17 PM |
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Yeah, 2 years is probably pretty right on. Enough time for the bad news of the last 2 years to be eclipsed by the other real-world advantages. Plus the halving, plus real world events demonstrating BTC's value, plus adoption in markets such as Africa.
It will be a rocky 2 years though. Fasten seatbelts!
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LFC_Bitcoin
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#1 VIP Crypto Casino
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February 09, 2015, 11:00:07 PM |
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2 years is nothing. You should all HODL a certain amount of coins for 10 years & see what happens then. It might make you wealthy. Don't listen to all the trolls, bears & doom mongers.
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neurotypical
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February 09, 2015, 11:01:17 PM |
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2 years is nothing. You should all HODL a certain amount of coins for 10 years & see what happens then. It might make you wealthy. Don't listen to all the trolls, bears & doom mongers.
Indeed, but 2 years is a big big time in todays situation. So many goverment changes, so many crucial decisions that could cause tons of bailouts henceforth making bitcoin known as an alternative. interesting times.
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TheButterZone
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RIP Mommy
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February 09, 2015, 11:02:07 PM |
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2 years until all businesses stop insta-dumping all their BTC payments on the markets and the absolute lowest price floor gets back to where it should be, $1250 USD/BTC?
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Saying that you don't trust someone because of their behavior is completely valid.
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LFC_Bitcoin
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February 09, 2015, 11:04:48 PM |
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2 years is nothing. You should all HODL a certain amount of coins for 10 years & see what happens then. It might make you wealthy. Don't listen to all the trolls, bears & doom mongers.
Indeed, but 2 years is a big big time in todays situation. So many goverment changes, so many crucial decisions that could cause tons of bailouts henceforth making bitcoin known as an alternative. interesting times. I'm HODLING a decent stash in the desperate hope it'll make my life comfortable one day. I can wait upto 20 years I reckon.
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Itsumo
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February 10, 2015, 02:30:58 AM |
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Would you agree or not? Bitcoin Only Needs Two YearsHmmmm... I respect the guy yeah.. But I do not know where his information came from. 2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that. What do you think? Maybe there will be clear bitcoin movements during that time.
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Chef Ramsay
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February 10, 2015, 02:39:25 AM |
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Let the bull market commence! Andreas the bear slayer.
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Velkro
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February 10, 2015, 02:46:29 AM |
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I would agee with Andreas. Its very safe bet, because if not in this year, surely in next bitcoin will explode. Noone can stop it. So again, very safe bet Andreas
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bcoinbilly
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February 10, 2015, 03:15:22 AM |
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Would you agree or not? Bitcoin Only Needs Two YearsHmmmm... I respect the guy yeah.. But I do not know where his information came from. 2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that. What do you think? I think coming from him, the prediction holds a lot of weight. He is one of the major voices within the bitcoin ecosystem and when he shares some exciting news like this, people should listen.
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mayax
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February 10, 2015, 03:38:23 AM |
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Would you agree or not? Bitcoin Only Needs Two YearsHmmmm... I respect the guy yeah.. But I do not know where his information came from. 2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that. What do you think? I think coming from him, the prediction holds a lot of weight. He is one of the major voices within the bitcoin ecosystem and when he shares some exciting news like this, people should listen. he is just another "shark" part of a gang.nothing more. don't be a dreamer. everybody wants only the money. nobody gives a shit on ecosystem ass.
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fonzie
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February 10, 2015, 07:11:44 AM |
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Would you agree or not? Bitcoin Only Needs Two YearsHmmmm... I respect the guy yeah.. But I do not know where his information came from. 2 years might be a little bold.. Maybe give it 3-5 years. I am still having doubt about that. What do you think? I think coming from him, the prediction holds a lot of weight. He is one of the major voices within the bitcoin ecosystem and when he shares some exciting news like this, people should listen. he is just another "shark" part of a gang.nothing more. don't be a dreamer. everybody wants only the money. nobody gives a shit on ecosystem ass. +1
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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ForexTE
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February 10, 2015, 07:17:26 AM |
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What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.
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Mewtwo
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ROAD TO HEAVEN...
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February 10, 2015, 07:23:39 AM |
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I'm happy if we make it past April.
That doesn't sound like great optimism coming from a Legendary member.
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Itsumo
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February 10, 2015, 07:24:05 AM |
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What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.
A lot. Bitcoin has never attained mainstream attention and mass adoption is still not happening.
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Itsumo
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February 10, 2015, 07:24:47 AM |
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I'm happy if we make it past April.
That doesn't sound like great optimism coming from a Legendary member. Legendary members should be the ones that will lead us from all this.
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Kprawn
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February 10, 2015, 07:25:33 AM |
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Well for one, the protocol has been mainly used as a currency. The other uses for example "Smart contracts" has not been fully utilized and when people understand and start to use it, BTC would grow much faster. The remittance market, has huge potential for BTC ... IF you can keep people from converting to fiat. The biggest saving for these people are the direct transfer of BTC from person to person directly, and then for them to use the currency in it's original form. {Paying bills etc with BTC} That would increase the demand for BTC and also a huge increase in the price. So a lot of things can still happen, if BTC is developed and implemented in the right way.
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Mewtwo
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ROAD TO HEAVEN...
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February 10, 2015, 07:26:32 AM |
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What is bitcoin gonna do in the next 2 (or 5) years that it hasn't been able to do in the last six? Happy to hear the reasons justifying predictions.
Do you know how few people still know about it? Here in europe for instance it's not that known.
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