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I expect a hybrid blockchain technology that meets Artificial Intelligence. Of course, with AI, you can do more with less hassle. There are actually many initial coin offering nowadays that are having the concept of integrating AI into the blockchain.
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If you based it since bitcoin was launched, imagine how bitcoin has grown since then until today. Those who bought bitcoin during those times are already enjoying the benefits of bitcoin today. As bitcoin became the mainstream and more people are adopting it, the future of bitcoin continuously to look brighter.
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I think one of the problems of cryptocurrency will face in the near future is the congestion of marketplace with new cryptocurrencies listed almost everyday. The more cryptos we have, the stiffer the competition will be and only the fittest will survive.
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That's how dominant bitcoin is and over the past couple of years bitcoin deliberately holds the cryptomarket by its huge market capitalization. While the usage of bitcoin is widely spread now, it will surely grow in the coming years too.
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Rothschild: Get Ready For One World Currency By 2018
Ready for the Phoenix
THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
I think it's just a self claimed world currency by someone because i don't think there's any crypto that can surpass bitcoin any time soon. Phoenix is most likely as bitcoin so i don't think users will trust this crypto easily unlike bitcoin that is already trustworthy since day 1. |
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Maybe you don't fully understand yet if how the cryptomarket really behaves. You have to consider the volatility of the cryptocurrencies listed on it. Expect it to drop like crazy anytime but if you know how to handle situations like that, there's no reason to feel sick and tired of doing cryptos.
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Nobody really knows when a global crisis is going to strike. It seems like it's a ticking bomb that's about to explode anytime and if that's ever going to happen, cryptoeconomics can be one of the affected areas in investment because people might become less to take the risk if their financial status are already affected by crisis.
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That is a negative notion for me because so far, those countries who adopt bitcoin and digital currencies area almost having the same testimonies that their economic growth is not hindered nor stabilized but rather lifted with the help of cryptos.
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Bitcoin is already a currency but is only in binary form. It uses blockchain to make transactions online especially in online payment system. So instead of using fiat currency, bitcoin is the best alternative currency for it.
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My educated guess will be closer to 10,000$ based on the current status of bitcoin and how it progress in the last couple of months now. It almost breach the 7,000$ resistance yesterday but it failed as it goes down just few minutes after it rises drastically to 6,900$.
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I have nothing to worry about bitcoin's market price status whether it's going up or down simply because i have kept my bitcoin for a couple of months now and save it like making a time deposit in the bank.  |
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The constant ups and downs of bitcoin is a pure manifestation that there is a continuous flow of transaction or volume of bitcoin in the market. So i don't think bitcoin will fade that easily into the dark and if you can see, bitcoin's adaption by numerous entities are obviously increasing each year.
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Current events, hardforks, FUDs, negative news, low demand of people are only some of the reasons why bitcoin's market value goes down. But since it's volatile asset, it will not stay for a long time too as it is bound to rise at any point of time.
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With the recent slump of bitcoin's market cap and price, different negative thoughts will come in to our minds like government trying to take down bitcoin for good. But let's not forget that it's not the government that controls bitcoin and crypto. It's the people (their demands) are the one that's making the existence of bitcoin looks so untouchable and immortal.
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Really nice to hear a country like Belgium so open-minded about embracing the blockchain technology and in fact providing an ATM machine for bitcoin. I really wanted to hear good news from countries who are not in favor of bitcoin that they're finally accepting the blockchain technology too one of these days.
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Talking about bitcoin's dependency on fiat, it may make sense because people use fiat to buy cryptocurrencies and bitcoin in particular. We know that the demand of the people on bitcoin can elevate bitcoin's market cap and price but to do that, people must have money to satisfy their demands.
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Just like what other people's success story with bitcoin and cryptos, it's our open-mindedness can lift us to a better life. Bitcoin is real and is a life-changer and if those stories doesn't moved you yet, then you'll probably miss half of your life.
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Welcome the cryptoworld where high prices that you have seen yesterday will suddenly turn low today. It's just normal to witness events like that and what we need is to accept the fact that cryptos are just like that - very volatile.
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Bitcoin itself is already a highly secured cryptocurrency but also needs you to be very vigilant in keeping your credentials secure from cyber criminals. One way of making it secure is by activating the 2FA provided by the website where you store it.
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You can see and check it for yourself in the graph and it really depicts the year end surge of bitcoin and cryptos each year. For now, we can't decide yet whether it will not rise or rise before the 2019 starts.
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