Bitcoin Forum

BTCBITCOIN's 10th birthday just happened. So after 10 years from here BTCBITCOIN will 20 years old. So how BTCBTC will be in 2029? Let's share ideas...  ;) ;) ;)

I think after 10 years the value and the reach of the kind was most popular this will I definitely shoot to all the people because in the starting stage we don't recognise the cost of Bitcoin but after 10 years we had lot of changes in our life so after 10 years it is definitely grow more than today.

it is unpredictable if you are asking about the price, if i look optimistic Btc will dominate all financial market in 2029, Btc will be avaliable in our daily lives.

I expect it to be used for payments in almost every corner and field.
I expect it to be a wonderful investment vehicle too.
There is a good chance that international trades start getting quoted in Bitcoin instead of Dollar, Euro or Yen.

But I cannot tell how big or small its price is going to be. It will be, however, much more stable than now.

Things are only sure

• Mining reward is only 1.5625 BTC on that time, and that's not a huge figure and probably mining will not be profitable not unless if the price will remain in 5 digits, >20k.

But I expect,

• All shops accept bitcoin as a payment means.
• Lightning payment will be used to all merchants accepting btc--to any local or online shop.
• Less sh*tcoins
• I have my own Lambo once it reached back in 20k or much better if much higher. ;D

I guess it will be bigger than we all could ever imagine. And you never can tell,  many prediction and speculations might come to pass.

Most likely, in 2029 we would be in a more fortunate position because we chose Bitcoin. So, the technology is even more advanced and we are living scenes that we see in movies about the future now. Or more useful currency would be created than Bitcoin and Bitcoin would live in our hearts.

Well, it can't be both. You can't expect something that is used as a stable value currency to also be a "wonderful investment vehicle". If Bitcoin is to become a true currency (I know it can be transacted now but it's not actually a currency beyond people who choose to invest in in first) then its only investment purpose would be as a hedge against fiat currencies. Meaning people could buy and hold Bitcoin and not expect the value to appreciate significantly but to avoid depreciation of a fiat currency due to it's deflationary nature.

So by "wonderful investment vehicle" we're talking about 3% return per year. Freebitco.in is paying 4% per year!

I think that bitcoin will cost a lot of money, but even in  2029 not all people would use it.

I am a believer in Satoshi's prediction of Bitcoin's volume either being huge or nothing 20 years after its creation. We're either going a long way up from here or it's going to die. The former works considerably better for me at least. 10 years is a lot of room to either get entrenched or usurped.

by 2029, i think we'll have a good idea whether mass adoption is really coming or not. it took cell phones ~20 years to reach supermajority market penetration.

i sure hope the community has agreed on a post-quantum signature curve scheme before then. by 2027 or possibly even earlier, quantum computing is expected to break ECDSA. that means coins held in any address where the public key has ever been exposed are at risk of being stolen.

this will require a hard fork. so at least we'll find out once and for all whether bitcoin can successfully hard fork! :)

in my opinion, bitcoin in the next ten years will definitely progress and more and more people will know bitcoin ... for prices it is difficult to predict because it always fluctuates

we always do believe that bitcoin in the future will be more innovative than what we have experienced right now, there will be bunches of sites, shops, and etc., which most of them right now are already accepted bitcoin as a payment method. sooner or later the adoption of bitcoin will be applied to the whole world and now progress of bitcoin is at its best.

As for this matter, my own opinion and thoughts about it is that I was hoping that more and more people will become crypto users that time. And not only that, because for me, there will be a high possibility that in the year 2029 crypto currencies will be globally in used wherein it will be the medium for the payment method of the people world widely.

the adoption is always an exponential curve, it is slow at first and then as it makes progress the speed increases and it starts happening faster and faster. so take the growth that bitcoin had in the past 10 years and extrapolate it to the next 10 years then add an extra amount of growth on top of it to factor in that exponential growth and you will get how bitcoin is going to be in the next 10 years.
this trend will continue until mass adoption which is hard to say when that is going to happen.

I Believe Bitcoin in 2029 to 30000$

In 10 years, bitcoin will definitely be better, there are lots of ideas that keep it going and have value. Just as we will continue to have knowledge that guides us in a better direction. Bitcoin certainly has broader developments and is a more popular transaction tool.

That is a very long time. We cannot predict what will happen. But the situation in 2029 will definitely be much better, this is because of the increasing number of cryptocurrencies and therefore the price of Bitcoin can be much better than at present.

I am optimistic that the price of Bitcoin can reach a high level, but everything can happen so quickly. we just follow the flow and we try to hope that in the future the era of cryptocurrency will be fully supported by the government.

Its quiet great that you want people to share their ideas with regard to the future of Bitcoin in 2029 but I don't think sharing such ideas is really necessary looking at the current state of the crypto ecosystem. It will be very good if people focused on how we can improve the current state of Bitcoin and how to get people to understand the visions and missions behind the development of Bitcoin. The world will be much better if people really understood these visions and missions. 

Bitcoin will be there and I'm sure of that. I hope every government can adopt bitcoin well so that it can be used by many people. At this time, everyone has known about bitcoin, especially in my country they already know bitcoin (as digital currency) but when I ask to them the reason for not having bitcoin is the government, they are still waiting for the government's decision so that bitcoin has clear legality. Maybe the government can fix bitcoin well, I don't question the function of bitcoin as a payment system, the government can just set bitcoin with an option as an alternative payment system or they can confine the use of bitcoin, I guess that's not a problem.

I think that in the next 10 years bitcoin will become digital gold and global crypto data will surpass gold

Maybe in 2029, there are more future feature updates for Bitcoin to make Bitcoin more secure and better for the transaction. Also, I think maybe Bitcoin price can reach more than $30k...

let's wait and see, we hope many people still interest with the advanced of Bitcoin in the future...

It's to far to predict btc position on 2029. But I think there will be many things happen with btc from now on till 2029. And I thing supply will caped if btc still survive.

I hope that Bitcoin will be stronger and more widely used as a legitimate payment instrument. and I hope that many investors are interested in bitcoin so bitcoin will be stronger and able to compete in the market.

After the bad news success to make the price of bitcoin down now comes the good news again after bitcoin tried to go up... Everyone is tired of the game held by a group of people to lower the price of bitcoin. I hope Bitcoin will rise again and have a very high price.
Today's investor confidence is starting to break because bad news always happens.

Bitcoin is about 3880$ currently in the market currently and most has predicted 2019 to be the year if bitcoin and cryptocurrency recovery but your stated 2029 is about ten years from now and alot can happen

I do have high hopes of the Bitcoin status and Bitcoin crypto currency community in this year 2029 in the future. I hope that when this year comes, more and more crypto project have been already implemented and establish with the crypto community also having a lots of crypto users globally. Having that, a much better experience is going to happen.

My idea for bitcoin in 2029 is.

Bitcoin in 2029 will be useful and can be used as legitimate money and many more shopping at minimarkets or online shopping will support because bitcoin is the future virtual money that may also be legalized by the government.

mining will ALWAYS be profitable no matter when in time we are talking about, no matter what bitcoin price is and no matter what the block reward is.
it is all because of how the difficulty works. it is designed in a wise enough way that it adjusts itself based on the hashrate. so if by 2029 the hashrate is higher and the price is lower then some miners would leave and make it balanced again so that it becomes profitable again. or if the price is higher and the hashrate is lower then there will be more miners joining in to balance the excess profit and make it normal again.

Popularity of bitcoin will soar high its adoption, popularity and value will increase tremendously in 10 years time and a lot of organizations, countries and firms will tap into its blockchain technology in solving many societal problems while others will use bitcoin as a means of payment and store of value.

I can't comprehend on what will be the thing by that year but things will become interesting if we will go through 3 more halving.

First would be by 2020 (next year)

Second by 2024

Third one before 2029 by 2028.

What we seen after those past halving was the price of bitcoin went up so its likely that by that time we can expect a surprising price of bitcoin.

The oast decade has been remarkable for bitcoin on all fronts.
Its adoption and popularity has increased, from being the brain child of dedicated Satoshi to starting a revolution and building a large and growing community.
Its value has also consolidated quickly over the past years.

Digital technology and fintech industries are carving a niche in the financial market, and bitcoin is at the for of this.
I predict more adoption, it might not completely go mainstream yet.
Also more price consolidations.

I think the 20th birthday of bitcoin we might massive adoption which all countries already use and accept bitcoin even the banks and governments. Even there are many things that could happen I still positive that the price of bitcoin will become expensive on the year of 2029.

Indeed, I do not have any idea about bitcoin in 2029 simply because no one can determine what would be happen in bitcoin. However, there is one and only thing that I can sure the price of bitcoin will boom again and this booming price of bitcoin will lead to another bull run.

is it exponential or logarithmic? they are inverses of one another:

https://science.larouchepac.com/gauss/ceres/InterimII/Arithmetic/Primes/Log_Exp_inverts.jpg

exponential curves slowly curve upwards before turning vertical. if you zoom out on bitcoin's long term chart, it looks much more like a logarithmic curve where the fastest growth happens earliest and later growth is much slower.

10 years is quite a long time. I think that by this time Bitcoin will cost at least 250 thousand dollars. And most likely we all will be able to pay with BTC in most countries of the world by making the most ordinary purchases in any stores, as we are doing this now with the help of our fiat money.

BTC in 2029 would have a lot of outcomes, one outcome that I can say is that BTC will still remain King and will develop on a far more superior basis that what we are seeing right now, BTC will adapt based on the technology that we'll be having in 2029, a lot of things could possibly change in 9 years since technology rapidly grows and so does the crypto world.

With the 10th bitcoin at the moment I only see growth that continues to increase and also continues to improve, if this happens again in the 10th to come from now, chances are we will stay in high value which means it is not as low as now. That way, I'm still sure that the long term investment that has been discussed so far will be good in the future.

I think that in 10 years bitcoin will be used in a lot of shops and most of people will use it. Regarding the price, i think the price will be way more than now, maybe at least 500,000$ for 1bitcoin or possible much more if most of country will use it.

Depends on us.  Why did I said that? For me the future of the bitcoin is depends on the investor and that is US. If we leave bitcoin and stop investing maybe in the year 2029 the bitcoin gone or already dead after 10 years. But if we still investing maybe the life span or life of the bitcoin will increase and in that year maybe we should still see bitcoin and having a good price and value.

BTC in 2029 it will become a precious gem also maximum number of countries will give green signal to this and the popularity and demand will be in extreme level. There will be no Full stop for Crypto as it will be over the moon.

I have no idea to predict the future of bitcoin but i wish on that year i will see bitcoin will accepted globally and there is no countries in the world denied bitcoin again and i expect more people will consider invest at bitcoin will equal to invest at gold

By 2029 or so, I think the potential outcome is quite binary. Either 1 BTC will be worth millions (if mass adoption happens) or it'll be worth next to nothing (if adoption declines and speculators abandon it).

I think it's so binary because it might follow the adoption curve of other mass adopted technologies (television, cell phones, internet). If it does that, we're going to the moon. ;) If not, it'll be reduced to a small niche, in which case speculators will stop betting on its future.

US Dollar inflation was 2.44% in 2018 (http://www.in2013dollars.com/inflation-rate-in-2018) and we add to this the deflation of Bitcoin because some will hold, some will lose Bitcoins and so on. If we add them up we get easily 3-4% in US Dollar, more than what the banks give. But I expect hoarding will actually bring it to over 7%.
And it'll be safer than in the banks or stocks.

You open the thread with the aim of speculating too far and this will lead to opinions that don't make sense. If you see that last year people had confidence in quality speculation that bitcoin would reach 150% of the price of that day. See what happens now?

2029 is too far we should focus on bitcoin this 2029 vause im sure a lot of exciting things will happen to bitcoin within this year.

this is a very distant plan. what is clear is that there are only two choices, namely bitcoin will die or bitcoin will grow very fast. but my feeling says if bitcoin will grow very fast.

I think predicting bitcoin in 2029 is still too far away, because for the next 10 years the market will always go up and down, and it could be in 2029 it will be like in 2017 or even like 2018, because nobody knows.

It is hard to see so far ahead especially with an asset like bitcoin which can move so abruptly and with no explanation for its behaviour, but I think the first 10 years were spent trying to get everyone to know that something like bitcoin exists, so the next years will see a consolidation of bitcoin as an alternative form of payment you can use instead of fiat and the decade after that will probably see the adoption all over the world we are all expecting.

No one can certainly said were bitcoin will be in 2029 and we would need a magician to tell us that but I have a view that bitcoin is going to be far better than were we are as it has happened in the past.  Remember that bitcoin is going to be the future of our financial industries and institutions and I therefore believe that cryptocurrencies market will became mainstream before then.  Investors are going to patronize cryptocurrencies market and stock and forex market may become obsolete.

By 2029 Bitcoin should be a mature market - wall st institutions have a few million bitcoin, there are bitcoin etfs and other products in the investment community, well over a 1-3 billion people own bitcoin.

Bitcoin will be digital gold by then for the younger generations. Instead of storing wealth in stocks and gold most people under 40 will store wealth in stocks and Bitcoin.

Bitcoin through the LN will be available by any major online merchant, and some brick and mortar companies.

All major banks will allow people to store bitcoin with them right alongside their savings and checking account, including having a LN wallet for each customer run by the bank.

The price will have been solidly in the 6 digits for several years by this point, even during the lows of a crash, and volatility will be much less than it is today.

All crypto exchanges will be regulated.

Some companies pay salaries in Bitcoin over the LN.

Have a Bitcoin/LN app on your phone will be as commonplace as having a Venmo/Square/Paypal/etc app.

In the US paying taxes in Bitcoin will be legal. The IRS will have put in place commonsense Bitcoin tax regulations and when purchasing things you either won't pay taxes or only on large dollar purchases.

Investing in Bitcoin will be as mainstream as investing in stocks.

Making purchases over the LN will be at least as mainstream as paying with your phone is now (don't think it'll be at the mainstream level of credit cards though).

There will be no more people claiming bitcoin is a fraud/ponzi/worthless/etc. Bitcoin will just be a normal part of society.

Outside of Bitcoin, there will be a few other major coins that fill other niches, and there will still be plenty of altcoins for companies but the bar to entry and actually get people to buy in will be higher, but it will essentially be like investing in early stage startups but available to the masses instead of just for the rich, and likely these will be regulated so only legit companies get federally approved (could be different across countries though of course).

Bitcoin evolved a lot in it's first decade. We saw a lot of improvements in it's underlying code (SegWit, Lightning Networks, etc.), a lot of controversies and many more.

Hopefully in the next 10 years, there will be a much better improvement in it as well as better mainstream adoption in it's truer sense.

in my opinion too far if we talk bitcoin in 2029, we should focus on discussing bitcoin this year and next year. in my opinion it's more useful than making careless predictions.

This is what I'm most curious about. I know there was a proposed federal bill to exempt purchases < $600 from taxation, but as expected it got shot down. I'd like to think you're right, but I really don't think the IRS has any interest in cutting bitcoiners slack. I don't even think they can make regulations like that. Congress would need to pass a law that specifically exempts cryptocurrencies or creates a new tax structure for them. I'm not sure that'll happen either. They'd be giving us free tax breaks.

Of course we should definitely talk about bitcoin for this year. But you can go back to the old thread here and you will see similar post asking the what's if for bitcoin in its 10th anniversary, so here we are right now.

Time flies so fast that who won't noticed we are already in 2029 and looking back at this thread and see our predictions. I'm just hoping for a mass adoption of bitcoin or crypto in general. We might see signs all over, saying "Bitcoin Accepted" here or something.

Controversy is always going to be part of bitcoin since it is impossible to have a new way to understand money and not have such problems but so far we have been successful in resolving those issues even if some people differed and created their own forks, what worries me is that as bitcoin becomes more popular more bad actors will come and will probably try to take control of the network so the next decade will be very interesting.

In 2029 BTC will be replaced by new global cryptocurrency. It will be centralized stablecoin, issued by Federal Reserve or another big group of wold biggest banks and corporations. Some FedCoin or so :). It will be fast, comfortable. Payments will be easy and consumers will be happy. Reliably and stability of traditional banking system powered by blockchain technology.

Bitcoin will be used by anarchists (mainly cryptoanarchists) and criminals of all sorts - drugdillers, hackers.  It will cost 100-200 dollars or so.

Indeed it will be. Though for me, growth will definitely come within that time. If i have that much to spare, i'd stock up on bitcoin right now to hold for the next 10 years.

It will be increasingly popular, and in the next 10 years technology will be more advanced and cryptocurrency will be more likely to be used as currency.