Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on November 23, 2018, 06:26:31 PM
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Yes, I agree there are many different projects worth mentioning and I will write an article discussing the ones I consider to be the most promising, their advantages and problems. But for now, let’s focus on Bitcoin. Not because of price, but due to adoption: no other cryptocurrency has as many users, developers and infrastructure support. Maybe Ethereum, which is closing in, but still Bitcoin is the most widely spread cryptocurrency and the base layer for the entire market.
Today I will be discussing ways bitcoin is being improved and infrastructure changes happening in the near future, that can potentially help by lowering fees, by improving ease-of-use, by creating off-chain payments solutions or simply by adding more transactions to each block. There are ways of implementing each solution separately, but some core technology must be widely adopted, like Segregated Witnessing (SegWit).
There will be three main topics I will approach today: batching, schnorr signatures and atomic swaps. I’ve been discussing the Lightning Network too much and I want to check different potential solutions, less prone to centralization.
Speaking of the devil, that’s definitely one of the features I believe we should be trying to avoid. Bitcoin’s purpose is to be fully decentralized, so any action, update or improvement that won’t go in that direction should be disregarded.
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I think so far, Bitcoin has been king of all cryptocurrencies, of which there are more than 1,000 different types. The rest are typically grouped together and called “altcoins,” though there are some stand-out names you may have heard, like Ethereum, Ripple’s XRP, Dogecoin and Bitcoin Cash.
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With the decentralization type, Bitcoin has improved very well until now. I think It should be a great achievement and Bitcoin lovers must be proud of it. However, the price still cannot bounce back. But it is a regular cycle to pass and I think it must be back to high price soon.
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I think for now we still have to be patient with bitcoin, the father of all cryptos. Even though this bearish market has persisted for quite some time I still believe it will surely rise up again.
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Time goes by and it has passed some months until reaching this early year of 2019.
Well, at the end of 2018, the price of Bitcoin decreased drastically, more and more down.
Now, the price is actually still at the bottom price, it is still dropping. However, the market shows that the price is increasing slowly.
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When bitcoin reaches its golden age in 2017, everyone competes to invest in bitcoin. But 2018 is the opposite, bitcoin has an extreme decline, a bearish market and many people have lost their money because their asset prices have declined. This year the market of bitcoin has not shown a significant price increase. Let's wait, hopefully, there will be good news about market developments and bitcoin.
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Just another correction of Bitcoin and I think we have found the bottom in last year and that bottom won’t happen again
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i think bitcoin will have a big grow in this year, if bitcoin can break 42xx$ it can go to 44xx$ and with the IEO grow in this yeah, i hope bitcoin will com back
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Bitcoin is like in a downward cycle after a high price increase. And that will happen again within a year or two. So we must always be patient to wait for the process of increasing bitcoin which is still long after the treasure has fallen deep enough.
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Yes at the present time. Large projects at the expense of Bettkwin and it is good thought because the developers have a wonderful future
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What happens to bitcoin now is the continuous recovery of value until now the value of bitcoin reaches $ 5000. A significant achievement after bitcoin has fallen in value during 2018 until the beginning of 2019. hope this can continue.
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Bitcoin is increasing because of there are good signs to the development on the future. I think we should get advantages from this, it is our chance to trade Bitcoin with high prices. Now, market trend changes to be better, it influences BTC and other coins to improve.
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I think it will happen with Bitcoin, I will also believe that the current price of bitcoin is also stable up and down, so I believe the price of bitcoin in the future will also tend to be higher than the price of this month.
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It was the worst market crash ever in the history of bitcoin. Oh, thank God, now that's over.
In November 2018, the entire cryptocurrency market collapsed with all of the coins not only bitcoin.
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What is happening with Bitcoin? We all understand if Bitcoin has basically undergone significant changes. Both the pattern in the market and the thinking of each holder. However, Bitcoin currently has its own position which makes this coin still the best and most valuable compared to others.
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My prediction is Bitcoin start a new correction before the final break out of downtrend line at $6,000. It will take time and maybe Bitcoin could drop a little bit, perhap drop to $4,800
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for me it is better for us to be patient and wait for higher bitcoin prices, because now the development of crypto prices is also starting to grow again. ,
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Yes, I agree there are many different projects worth mentioning and I will write an article discussing the ones I consider to be the most promising, their advantages and problems. But for now, let’s focus on Bitcoin. Not because of price, but due to adoption: no other cryptocurrency has as many users, developers and infrastructure support. Maybe Ethereum, which is closing in, but still Bitcoin is the most widely spread cryptocurrency and the base layer for the entire market.
Today I will be discussing ways bitcoin is being improved and infrastructure changes happening in the near future, that can potentially help by lowering fees, by improving ease-of-use, by creating off-chain payments solutions or simply by adding more transactions to each block. There are ways of implementing each solution separately, but some core technology must be widely adopted, like Segregated Witnessing (SegWit).
There will be three main topics I will approach today: batching, schnorr signatures and atomic swaps. I’ve been discussing the Lightning Network too much and I want to check different potential solutions, less prone to centralization.
Speaking of the devil, that’s definitely one of the features I believe we should be trying to avoid. Bitcoin’s purpose is to be fully decentralized, so any action, update or improvement that won’t go in that direction should be disregarded.
Thanks for your post.
It's important sometimes discover the first scope of this crypto world, that is decentralization!
Bitcoin should go in this direction but meanwhile, its POW protocol has pushed in a centralization way.
It's for this aspect that sometimes I put my money on other projects like Iotex.
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I think this is the real market. The bitcoin event continues to rise for some time, down again a little. It shows an active market in accordance with demand and availability.
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Bitcoin is gradually recovering as we have seen a drastic decline in the last year. From that worst position, BTC is recovering and in the last three months already 50% recovery. Its a good sign for the market. Today BTC price touched $5800. If the recovery will continue slow and steady, we are hoping by the end of the first half of 2019, we will see BTC $7500.
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My prediction is Bitcoin start a new correction before the final break out of downtrend line at $6,000. It will take time and maybe Bitcoin could drop a little bit, perhap drop to $4,800
I don't think so, I think the price of Bitcoin won't go to $4,800 even if it declines quite hard. I think the lowest price to go not lower than $5,000. As the price has been around $5,700, I believe the decline only to reduce the price until $5,200 - $5,300.
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Bitcoin is facing and heading its very volatile market. However, it is good enough for this coin because this is the exact characteristic of BTC. We can see how this coin progress in the market. Today, it faces high start and discovery. Well, just see the progress again.
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Bitcoin has gotten the attention of everyone, and that's why most countries, firms and organizations are fighting it very hard. For the meanwhile, there is still some serious discussion going on in these firms, and they'll end up coming in, increasing the adoption of crypto.
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Time goes by and it has passed some months until reaching this early year of 2019.
Well, at the end of 2018, the price of Bitcoin decreased drastically, more and more down.
Now, the price is actually still at the bottom price, it is still dropping. However, the market shows that the price is increasing slowly.
In 2009 October 5th the first Bitcoin course towards exchange dollar was published at 1 USD = 1,309.03 BTC,2010 May 22nd the first online purchase using bitcoin which was Laszlo Hanyecz directly buys Papa John's pizza for 10,000 coins (25 USD – Bitcoin value was 0.0025 cents for 1 coin),but 2010 June 12th BTC to USD rate decrease to 10 USD. And this is how the volatility has been right from the creation of bitcoin but this dose not mean the grow is stagnant. Bitcoin in 2017 growth is the biggest bull and it drop dose not mean it not bull again.The market will steady grow.
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The truth? No one knows where the price is heading. If you want to understand why, see those gurus like Tom Lee speak about their price predictions. When you see how far off they are, it is like watching comedy.
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Bitcoin need a correction before it can go higher in the next bull run, the current price is lacking buy force so it won’t stable for long
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My prediction is Bitcoin start a new correction before the final break out of downtrend line at $6,000. It will take time and maybe Bitcoin could drop a little bit, perhap drop to $4,800
The time for a new correction has not come yet. I bet, Bitcoin will be growing. The market still shows small splashes, which are not critical.
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it's true that bitcoin is the most widely spread coin in the world, and I strongly believe that bitcoin is the king of crypto, and a very large coin.