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Re: 2016, The Year of Bitcoin?
by
jeffthebaker
on 26/08/2015, 21:10:28 UTC
The bear market has lasted long enough. I predict 2016 is the year where bitcoin finally breaks through, both in price and in mainstream adoption.

The fork issue is a distraction. It won't kill bitcoin. The majority will eventually choose what fork they want to use, whether it is the original, or XT, or some third option.

I see the fork issue as silly infighting which only hurts bitcoin. I want bitcoin to succeed, that's what I care about, not what version of BTC I use. I will go with the majority, whichever fork is chosen.

It 's easy to predict without any arguments  Smiley
What make you think Bitcoin is about to go mainstream? Amazon accepting BTC in 2016?

Well yes, Amazon i have a feeling that will accept btc, on that way bitcoin price will change a lot. It should and the Ebay integrate the bitcoin as a payment method. In this way while big e-commerce companies include this payment method the price of bitcoin will increase and people will be more interested to invest in bitcoin.

Call me pessimistic, but I seriously doubt anything like Amazon or Ebay adopting Bitcoin would take place next year. There is currently no benefit for merchants to accept Bitcoin, and there is even proof to suggest that Bitcoin acceptance hurts sales (I believe Firefox is the one that made the study).

Anyways, we are a long ways away from mass adoption. Price fluctuation in 2016? I would be upset if it didn't, with the halving and all. However, I don't think that is enough to boost Bitcoin into the mainstream.