Bitcoin Forum

1991 Electronics -> Smartphone.  2014 Banking -> Bitcoin

Retweet: https://twitter.com/bitpump/status/504986208523800576

https://i.imgur.com/FHLquPG.jpg

When I think about bitcoin I always see a relation with internet and smartphones explosion

What is the expected price for 2018? Will I be rich with 1 BTC?  ::)

bitcoin in 2018 at least $100k

https://pbs.twimg.com/media/Bu0snfhIAAAKlm4.png:large

Let us dream my friend.

Yeah BTC is the next big thing. We should find out in 3-5 years.

To da moon!  ;) ;) ;)

Possibly it won't happen. Take case of Africa, people can afford a bank account since ages but no internet access

For faster developing nations, its possible.

When you look at it like this you can truly see just how much of a difference new technology makes. Bitcoin definitely is the thing of the future. Whether it will be a few years or many many years though is too hard to tell but I see it being a big thing in years to come.

You can't just generalise Africa like that; pisses me off when people do.

In 2018 BTC will be worth few dollars or It will be most popular payment method.

The more people who early bitcoins from mining, the less chance the value will reach these skyrocketing prices people dream of.

Just my personal option of supply & demand.

If I can buy a miner at relatively reachable amounts, the value of what I archieve will not be 10x 100x anymore...there was the one-time boom like a undervalued stock, but now its just settling.

bitcoin is definitely good for the whole mobile world, they makes a nice combination together

4 years? I think it won't be possible. People don't trust digital money as much as real money, moreover if you loose internet access somehow, you won't be able to do any transaction?

What is that gadget below the mobile phone?

Real money?  What the hell is that?

Bitcoin as still got much to cover.For us bitcoiners its the era of bitcoin but there are many peeps out there in the world who doesn't even want to know or get involved into bitcoin thing and they don't even care of it's benefits.

We can't know if the trend will continue, now it's undervalued looking at the chart but who knows if it will rise again.

If bitcoin will reach 100,000 in 2018 half of this forum will be on holidays for the rest of their life.

no.

P2P community work ... even if it can rich.

that real people.
that the real bitcoin spirit.

https://31.media.tumblr.com/7b4711d9122ef98f1ccd799dcf8a3523/tumblr_mihcva6RAI1s67w5xo1_500.gif


 ;D ...

As far as I recall that is an experimental quantum computer, and nothing to do with the star trek thing next to it. Might be wrong though, just vaguely remember it from some article.

If we have mass adoption (like  we all hope), the prices will have to be significantly higher just to support the market and the need for BTC

While calling it a gadget is a bit of a streatch google for "The Large Hadron Collider" and you will find it.

It is the thing that found the god particle (or the higgs boson if you dont want to be sacrilegious).

Neil

"mobile cellular telephone $199.99"

would like to have one for posterity, I wish such these bricks were so cheap in 2014!  ;D

It's a particle accelerator, which was a well-known technology back when Star Trek was produced, and bears no resemblance to the antimatter reactor depicted on the left, which is not a real technology and likely never will be. Partly because of the problems of safely containing antimatter (indeed, it seems every other episode the Enterprise is in danger of spontaneous combustion for this exact reason), but mostly because antimatter doesn't even exist in nature (a fact which is puzzling to physicists (https://en.wikipedia.org/wiki/Baryon_asymmetry), but damned inconvenient for starship captains looking for a place to refuel).

 BTC become popular and coexist with fiat. treated by gov as a type of reserve currency like gold.

Maybe much sooner then we think BTC is spreading like virus.

Soon you will get payed in BTC in you company.

Why 2018? It's obvious that crypto currencies will be more used in banking in the future, but I think that'll take many years, as it's a really big change.

To be honest, I don't think that banking itself can be obliterated by Bitcoin in 4 years! Banking offers services that still need to be offered by someone, even when Bitcoin is around. We still need lending services and loans for example. But I guess some things may be obsolete, that's true!

Well if we're going to be realistic, it can't. That time span is very low. 4 years is nothing.
Bitcoin will definitely gain a lot of traction in these 4 years which is very exciting.
Why not make fiat the reserve?  :D

I think we will have a long period where BTC is mainstream already and coexisting with FIAT until FIAT cant handle it anymore and snaps.

Pie in the sky. Anyone can make a chart and draw some lines.

People have been posting charts like this for months now.  Every time we are the bottom of the trendline somehow.  You can easily manipulate these graphs by zooming just right to show what you want

What ever happen to that "going to the moon" fiasco frenzy. Are we to Mars instead?

We will go to Jupiter more not the moon.

Soon more companies will implement btc some already are so in few year why not.

Lending services and loans could also be made with Bitcoins. It will be offered when there's enough demand for it.

By the time btc becomes mainstream, I'm sure there will be a lot of wealthy people on this forum ;)

Adoption will take time though, there's still a lot of infrastructure needed before the general public get involved.

To be widely used, it should be much more easy to use, just like credit cards. Its use won't explode until that happens. It's also essential that people realize that's much better than fiat, for everyone: customers, producers, investors.

no I'll still be here working full time to promote - money doesn't change us cryptocurrency types to spend less on the boards :p

I wish, but I think it'll take many more years. Unless there's a lot of inflation of USD, of course. What really matters is the purchasing power, not the value in USD.

http://s24.postimg.org/6t79mtflh/feaa1a16a315823b2d9ad24da7eccdaf.jpg

I am so intrigued....

The Twitter id says it all: @bitpump.

You associate 1991 with electronics??? Try 1961

Bitcoiners aren't even trying to hide it anymore

i don't think that  ???

The triode vacuum tube was invented in 1907

Alice

Its not gonna happen until the developing and developed countries both start transacting in terms of bitcoins. That is international trade.

Bitcoin or at least blockchain technology is the future. There's no doubt about it!

cool where can i get a bitcoin credit card and mortgage?

In the crypto-libertarian utopia of the future free of statists, you will not be a debt slave anymore!

I'd guess there's a large % of this forum in college. What % of those aren't using student loans?

Yes! One of the biggest misunderstandings people have about the financial services industry is the notion that somehow loans and credit are useful absent a fractional reserve banking system. They don't realize that if we just got rid of fractional reserve banking, no one would need to borrow money as everyone would be much wealthier.

So what makes the purchasing power of 1BTC higher?

Yeah, linear increases while easy for idiots to understand are not exactly a realistic expectation at all. To be brutally honest, we'll probably see an exponential decrease in the valuation of Bitcoin as time passes until we hit a point of long-term stability. There just isn't enough continually newly generated demand to support the idea of a linear increase.

Didn't understand how you decided that 2018 will be the year of Bitcoin but the pic is great. Thanks you for your time.

what is your idea?

If it goes to 100K in 2018 i'll cum so fucking hard.

ah ah ... I buy whores every night  ;D

Imagine a world where govts has no control on the main currency used in their nations. Maybe an anonymous  bitcoin user will be considered an enemy of the State.

An increase of demand higher than what supply increases (mainly because of mining). Demand can increase for many reasons.

Right over here...
*waves hands frantically *

I didnt think we are in 2018 . Or am i dreaming

What's the difference between a smartphone today and 4 years ago?

screen quality, memory and processing capacity but yeah i think your point 4 years too quick.... banks may fight.

What phone does this guy have that he can record sound to a cassette, read sound from a cassette or CD, scan VHF/shortwave, write to VHS, or emit and detect radar? And I doubt any smartphone on the market sounds as good as those speakers with 15" subwoofers did 23 years ago.

bitcoin become $100k
i dont think it will happen
but it's a nice dream to have

Hopefully the prediction is right, even if in 2020 or 2022 we see the Bitcoin bloom as a major player to revolutionize peoples viewpoints, that would be good.

The difference between electronics and bitcoin is electronics didnt have 'cartels' that made laws and cornered the market. It was much more free, so to speak. The financial system, money etc. is not, which is why bitcoin could run into trouble down the road.

You know the best part about living right now? I live in the mutha-flippin' future.

Then where are my mutha-flippin' hoverboards?!

Dude we just got 8tb disks and ddr4 ram, they were mythical

blockchain is flintstones-era technology, hence the "block" part.  just like everything else in the show, it's named after blocks and rocks

actually you still live in the present. but the future is tomorrow. so it's not too long a wait.

It's called The Large Hadron Collider (google it, that thing's amazing!! ;D)  which is possibly one of the  the biggest(if not the biggest ) machine humanity has built 8). While it can produce antimatter(or even black holes,theoretically), it is a far cry from the antimatter reactor pictured next to it.Come to think of it ,none of the gadgets in the picture really is similar in function to its so called Star Trek counterpart.