If it can survive 20 more years, I'm sure the price will reach the bitcoin $50.000 or more, this is because the price increases very dramatically so that makes people keep buying bitcoin.
If bitcoin gets to reach that price of 50k per coin then I’m very sure bitcoin is not going to die and instead will be on its way to become the most dominant currency of the world, that day is vary far away but we can dream about that day. |
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Just a reminder: if you think that you responsible, strong willed gambler with firm grasp of reality and you will never get addicted because only weak people are addicts.
You are completely wrong: Addiction can be stronger that will of even the strongest human.
I've seen otherwise great and 'strong' and wealthy men engaged in irresponsible behaviors to maintain their addiction.
This is why if possible we need to avoid engaging in activities that could cause to us an addiction, when I see someone doing an activity like that and then says that they are doing it just for the fun the only thing I can think is that maybe the day will come when they are no longer doing it for fun. |
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The economic reach of Bitcoin is an interesting subject of discussion. In the end there will be a maximum of 21.000.000 BTC. BTC is a eight-digit number.
I suppose that a currency can only be leading if it has the possibility ta pay in small amounts, equivalent tot e.g. dollarcent or eurocent. This statement limits the range of BTC, will the satoshi be the future euro/dollarcent?
In that case the maximum money supply wil be BTC 21.000.000,00000000 is e.g. EUR 99.999.999.999.999,99 (by the way: interesting exchange rate).
The money supply in the Eurozone (M3) is over EUR 10.000.000.000.000
So without any constraints, the structure of the BTC satisfies the necessary condition.
Let's inventory the other constraints.
The satoshi is currently the smallest amount of bitcoin but if bitcoin became so valuable that the value of a satoshi was bigger than that of a dollar cent, then more units could be added to the code and that is it, while I’m not a programmer that does not sound too complicated. |
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I have been seeing Bitcoins' price rising with a stability in its growth, but due to the higher mining fee that is being levied on transactions these days, big businesses are now moving their funds towards alts and taking advantage with their least fees as well as shaping a completely new economy in the trends of altcoin markets. Do you think this may harm Bitcoin's dignity and open up a chance in real for alts to rise?
As the price of bitcoin keeps growing I think it will be impossible for many users of countries with low income to keep using bitcoin, not only for the fees but the price in itself, just look at the price right now and if some of the prediction come true about the future price of bitcoin, then things are going to become even worst. |
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If the politicians enters in the world of bitcoin, I think there is a chances that bitcoin can lead to corruption. Even there's a chance the corruption of bitcoin, it will never be happen anymore because developer would not want it to happen because they know that bitcoin corruption can lead the bitcoiners to quit using bitcoin.
True, one of the cast of corruptors is political lol. If they know the bitcoin well. Maybe they will wash their money with bitcoin because it is much safer for their identity Since politicians are known to steal huge amounts of money I doubt bitcoin or any other coin will have enough volume so they can buy coins without disturbing the market, and also it will be almost impossible to try to tumble such a huge amount of coins. |
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I just did a few days ago, now I think the new target is that $2,000. Like I've always said before, I don't think it will reach it, but bitcoin always surprises me whenever it breaks the resistances. Now I think we'll definitely be stabilizing here, though there might be corrections but it will just climb back here when it does.
Bitcoin does not show any signs of slowing down, to be honest I thought bitcoin would have gone down in value by now but it seems to try to do everything in its power to keep growing in price so the 2000 dollars for every bitcoin don’t seem that far away. |
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its very risky and that makes it so fun  Bitcoin investment is not that risky if you just know when to buy and when to sell. Every investment has risk but there is a possibility for every investor to minimize or get a less risk when investing by doing study about the news and also analyzing the market very well and because of those two there will be just a small chance of getting loss and also you will get a lesser risk than before. While what you say is correct, we need to have a plan, many newbies buy bitcoin without knowing what to expect and at the first sight of problems they sell not knowing that bitcoin is very variable and losing 10% in a day is not much for us, but a newbie gets scared and they lose money that way. The mistakes that we make with bitcoin leads for a loss. For this users misquote it as a risky investment. We cannot deny that investment with bitcoin has got risk but the risk can be overcome and profited based on the knowledge we acquire before starting to use bitcoin. Its easy for you to say that you just need to know when to Buy and Sell Bitcoin, but it is harder than that as of right now we are on the 1500$ level quickly you really don't know if it will have a price correction or it will continue to go up. With that being said Technical Analysis is one of the best ways to predict the market but it is not a guaranteed way that your predictions is accurate. Bitcoin investment is really one of the risky investments out there because you don't know where it will go, that is why trading is the best for it. I don’t know why people are so obsessed to try to squeeze every cent out of the market at the 1500 almost everyone must be on the green zone and being able to get some profits, if you feel like selling then do it bitcoin is not going to be 10000 overnight you can always buy again when you feel more comfortable with your prediction. |
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I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
And who is going to pay for that? Paying for ads is extremely expensive, I think we are better doing what we have done to now, we spread the word on the internet and social media and anyone that is willing to listen can take advantage of the opportunity bitcoin bring to us. |
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when you go and use a new system then you also have to adapt yourself to the new situation. it won't happen easily. it is like when the first car came out and people switched from using horse and carriage to vehicle, "how can you expect 'average Joe' to remember where he put the handle to his car to start it in the morning?"
This is true when the personal computer first appeared no one was sure what kind of use the average person will have for such a device, and now we seem to be unable to live without them for even a few seconds, people will adapt and bitcoin will eventually become more user friendly. |
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Its because most of the people have a basic assumption that these bots can magically generate profits through some unknown algorithms and so. The truth is that these bots just make use of various strategy's like martingale which has a 50% Win,loss chance. Most of these bots guarantee to make profit but its just a matter of luck.
In fact most bot creators don’t state anywhere that their bots create profits, in fact they state the opposite, so the ones deceiving themselves are the ones that bought the bot since they somehow expect to win despite the fact the bot was never programmed to do that. |
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This is nice, but while this news are breaking out we must to forget that the media loves to throw dirt at bitcoin so when the price gets down they will use that as an excuse to spread fud all over the internet, so I do not know if this is something to be glad about. |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Yeah your right we don't know what will happen with bitcoin in the future but im sure more adoption will come with bitcoin we can not predict how much the price of bitcoin because many people are still afraid using bitcoin.. but many stores right now are accepting bitcoin as payment.. So i think bitcoin has a great future.. Yes your right the bitcoin has a great future because many use it for other transaction. Since bitcoin is a great market trading it will become more popular because you can earn a profit with the use of bitcoin. Business man use it for as investment or use it for online payment but the question is how about others that are not familiar with this? people who have no idea regarding the society of bitcoin? I think they want to earn money buy their own strategy and bitcoin will never to introduced. And who want to earn money using an internet, they search what other job will be possible to make a profit, and bitcoin maybe one thing to need introduced. They need enough knowledge to more know about bitcoin so that more people want to discover the benefits of bitcoin in the future. I think that the large part of trading in the future will happen between the altcoins. They are a way bigger object of speculation than bitcoin is. Bitcoin will be mainly used as long term investment and a way to get fiat inand out of the trading system. Unfortunatelly the real benefit of bitcoin, its acceptance of a global payment system, will lose more and more attention. Bitcoin can already be exchanged for dollars or most of the currencies of the world so there is enough adoption so you can do almost anything you want, the dream of using bitcoin for everything is that a dream, bitcoin will thrive but will not be used for every single thing as some may like to think. |
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I need Someone who like To invest To earn minimum 5 btc
48h investment
Pm me To get more info
This is obviously a doubler, HYIP or a scam look how the opener is looking for someone to invest in a project and offers impossible returns on a very short time frame, people please stay away from offers like this an anything that resembles it. |
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Tell me,which new altcoin is worth mining??
Which do you think is worth investing??
Mining and investing are completely different things, when you mine you are going to get some coins but most of the time you will need to sell immediately to cover the costs of electricity, while in investing you can take your time and wait for the best opportunity to sell. |
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I know this sounds crazy but I actually had a dream/vision about 3-6 months back that extra-terrestrials brought us Bitcoin to save our Monetary System from full collapse. I have been a silver bug for about 5 years now and continue investing in precious metals. However learning more about Bitcoin I got sucked down the rabbit hole. Been tracking Bitcoin around the time of MT. GOX, maybe a little bit before this. I can only remember faint parts of the dream, but when I awoke it was very clear to me that the idea wasn't too crazy at all. I always thought for gold and silver to go up everyone would have to dump their dollars and convert to gold and silver. The problem is, we are living in the age of the internet and IOT. Machines will talk to machines and they will trade value too. For fiat to go, a new system must take it's place. The more users who join the Bitcoin economy, the more valuable your Bitcoins will become. Is Bitcoin the alien? The machine? I read technological Slavery and thought a lot about Bitcoin and it actually becoming conscience. Is bitcoin a machine living organism. Flower and other plants actually grow and train humans to take care of them, when we think it's the other way around. Watch http://www.pbs.org/thebotanyofdesire/. Machines can be organic and maybe this is the beginning of a new era in human nature. One where Nature and Machine become one. ~David BTC Silverspoon  What a dream, I never remember my dreams, scientist says everyone dreams but I have never remember a single one of my dreams, you are lucky, now about the dream, while the dream is great bitcoin was created by a human we don’t need an explanation as fantastic as that, other humans were able to understand the concept and build upon that. |
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The problem is when you look at India or Greece where withdrawals are limited, certain notes are no longer accepted etc, this creates a huge problem for the citizens of that country. What are you supposed to do if you have a lot of those bills? Deposit them and take out smaller bills? What about in the future when those bills are now gone? This is where cryptocurrency needs to be used so they never have to worry about what you're doing with your money ever again. It's yours, keep it where you want.
The thing I find the strangest is the fact that people don't want to be in control of their own wealth. It's so strange to think that you'd trust someone else with all of your money and not yourself. How stupid of a society do we have to be to keep the majority of our possessions in a bank?! Oh they have insurance, great. SO if they go bankrupt you get up to 100,000 back. Ok but anyone with 100,000 should just have their own money safely in their own arms. Having to rely on some company is completely ridiculous.
People don’t want to have responsibility of their actions, they want to be relieved from it, that is why they don’t want to hold their own money they want someone other than themselves to make their decisions, it seems dumb, and it is, but that is the way a lot of people think. |
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Impossible if that was the case, if we were able to tell when we got lucky, then we will be able to win always at the casino, since we could avoid the days when luck was not with us and only play on our lucky days, so it s better to forget about such an impossible thing and play only for fun.
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Me, more or less. The irony is that I lost out on making a profit because I spent bitcoin. And if you ever needed proof that bitcoin is doomed as a form of money, there you go. When people want to hold onto something instead of spending it, that's a lousy currency.
Can confirm. Most of the time I want to make a purchase but I'm held back by the fact that the price could shoot up and I could be out of a couple bucks that I could've gained if I had just held. The way I see it, Bitcoin is more of a storage device than a currency, considering most people in the speculation section of the forum seem to like holding, as do I. I disagree, one of the purposes of money is to be a store of value, and bitcoin is doing that in a great way, as you say this causes people to keep holding but this is better than what we have with fiat, since fiat is not a store of value people spend their money as fast as they can because they know that their money is going to lose value, you are just not used to the way real money behaves because you have only used fiat in the past. The thing is it's hard to back the value of a virtual assets where its disconnected from "real economy" and you cant really exchange it for much anything else than fiat or other crypto. Bitcoin as a currency does not have much success since there is nothing that I can buy in my country with it, but I can use it to in essence buy any fiat of the world or to buy more crypto and make more money that way, so bitcoin as an investment is great and as long as I can exchange it for any of those two things then everything is fine by me. |
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Nobody knew that it would be worth so years ago.In the same way, no one knows what the price will be five years from now.No one can guarantee that Btc will become very rich in the future with this logic in mind.I can say that it will be valued more than now.
The price of bitcoins will be definitely higher in next couple of years but cannot predict what will be the exact price it will hold and if your intention is to become rich with bitcoins then you should try to accumulate as many coins as possible. I know this would sound absurd to some but you can actually predict the exact price of bitcoin but you don't know when will that be. You can say $1431 exactly and the price of bitcoin at some point will be exactly that price. Maybe not for a really long time, but all of the number were once the price of bitcoin. Numbers lower than $1300 were once the price of bitcoin. My plan is to accumulate as many coins as I can so regardless if bitcoin price will go as high as we are expecting or not, I'm going to have a decent amount of money. In a way you are right but if you are not able to tell at least a range in which your prediction is going to come true then that is not a prediction at all, since there is no way to take any action to take advantage of this information at all. Its hard for us to hold something that long a "couple years" would mean a lot of changes has even the price of Bitcoin will be surely affected but we don't know yet if this is a good change or a bad one. How can I say that? It is a decentralized currency in which no government has control over it but big players, we don't know when they will do a huge sell of again in which it can happen anytime in a couple of years. Agree with you that holding bitcoin for a long years are very hard but that method will gives you great opportunity to get more income. I think bitcoin would be great currency in the future that is why we need to collect more bitcoin as many as we can until we have strenght to get because it can helps to make us reach in the future. No, that is not right holding Bitcoin is not hard but it is dangerous to your capital. It does not contain any opportunities only risk is involve. Like they said we don't really know what is the exact future of Bitcoin whether it is a good one or a bad one. That is why it is only good for short term profiting, and what I mean about that is Trading in which you buy low and sell high, best time to buy low is when the panic selling is stopped and we can see it climbing back up. Also the government can play an important role for the future of Bitcoin and we don't know exactly if it will be good or bad for Bitcoin's future. Bitcoin not only includes risk but also opportunity and if someone after considering all of the things that could happen decides at the end to still hold bitcoin then we must respect their choice, besides it is not like you need to hold for that long, just look at the growth of bitcoin in the last year. |
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Anything can be happened. No one can say that the exact future of bitcoin after 20 years. but I seem bitcoin will grow up to 20,000$ that time.
That is too high that would require an increase of price of one thousand dollars per year when just a few months ago reaching the price of 1000 was difficult enough I think a more conservative prediction will be something between 3 and 6 thousand. Well, that may happen, 20 years is a long time and anything can happen, who knows it may jump to $10 000 just after 5 years, who knows right? Bitcoin's price is really volatile we don not know what might happen. But I do hope that it just go on pumping more. It may happen and while I will be very happy if that happened, it is something you should not count, so buy as many coins as you can, and make your plans with a more conservative price, if the price skyrockets then you are only going to benefit even more by following that plan. |
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