Quote from: umaOuma on August 27, 2015, 08:33:47 PM

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Quote from: lorylore on August 26, 2015, 09:17:23 PM

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Quote from: MadAlpha on August 26, 2015, 11:43:19 AM

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

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.

I accept that there can be a loss for amazon if they had added bitcoin this year, we know 300s at the beginning of this year and now 200s and if ebay and amazon implemented this then they would lose -33.33%.
I think they are waiting for bitcoin price to be stable and implement it.

Oh no, I don't mean holding Bitcoin at all. Just by adding Bitcoin as a payment option, companies can lose overall sales. In other words, even if you use a payment processor that transacts the purchases to USD instantly, companies will experience a loss in revenue.

I read up on it a while back, so I don't have too precise of information, but the premise was as followed: Mozilla Firefox began accepting Bitcoin donations. Donations spiked up a bit as everyone who wanted to donate with Bitcoin did at the start. Most people only donated once, and after accepting Bitcoin, donations overall dropped a bit (which was allegedly caused by a loss of credibility in the eyes of potential donators through the acceptance of Bitcoin). In other words, the small group that you could potentially win over by accepting Bitcoin is smaller than the group you could potentially lose from accepting Bitcoin.

In this case I agree completely with you, there will be always a loss to convert bitcoin to usd immediately, but it can be profits too(but rare). When we donate via bitcoin we think that we donated x btc but in fact it was different when the donation was collected at the end of the "campaign".
Let's hope for the 2016, but there are 4 more months in 2015.

Yeah and everyone believes that year 2016 would be the year of bitcoins as it's value would be reaching to a new level, atleast it would give us some profits in the year, as right now the value of bitcoin is going down and that is the reason everyone is worried about, but lets hope for the best that it would give us some good returns in the year 2016.

Everything can happen maybe 2016 is the year of bitcoin to succeed, but with "tempo" in this way it hard to belive. As i said before i would be happy with $500