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It's been very long to make predictions about the next halving which is gonna happen by 2020. Soon by the halving of 2020 the price can be expected to be around $1500-$2500 depending upon the mass adoption and user profiles.
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I have 100% trust that Bitcoin will stay for a very long time despite people doubting it. It has emerged as a perfect solution for the current economic crunch. Relying on fiat currency alone will not help so much but with bitcoin and its technology, I hope economies will stabilize.
I will be using bitcoin to 30-40 years in the future and I also believe bitcoin can last up to 40 years at least. the development of technology is always growing rapidly and currently all the technology has always been at the forefront. so bitcoin will be great in the future with the technology of the currency which is better than anything. 30-40 years is a really long time to make speculations about. Many changes will need to be made to the bitcoin technology to help it survive for the next 10 years. Predicting about the bitcoin's survival is really hard. Based upon the calculation as well its potential bitcoin is expected to last for years more than that is calculated. Also if this technology gets faded soon some other technology emerges to take its place. |
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Bitcoin has got the best potential, but only a few have understood it and started investing in it. When years pass users will know more of it and get into the digital currency usage.
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Buying bitcoin now is the right time because assured increase can be expected by the year end. Last year to till year end price has been stabilizing which started to grow by the year end and continued to increase till the present year start.
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Over the coming months the price is gonna increase as the price is getting stable within certain limit for a long time. Possibly for this reason and of its growing potential holding bitcoin is the best option rather than selling if there is no emergency.
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Bitcoin never fall to the bottom, because already it has gained a standard in its price and value. For this reason even at hard crisis price never goes beyond $300.
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i think that it is a good idea to have btc instead of cash because you can convert them anywhere, even in the middle of the night.
So for example if you made 2000$ in US, and you converted them to btc before traveling to pakistan- you can withdraw then in pakistan without holding cash with you.
Seems great right?
Yes its correct and Bitcoin price is have a moment that can increase a huge amount of dollars compared into the cash that need you to wait until the time your money value is increase. yeah this is what i call as wonderful thing ! you can use bitcoin & convert it anywhere anydays to any kind cash! not like fiat it was the most wanted advantage of bitcoin and also in bitcoin you like hold an investment and a currency at same time Exactly said. As mentioned bitcoin is the only currency that got access of usability similar to currency as well investment. Also no other currency value varies in accordance to time similar to other physical currencies. For this reason its better to have bitcoin than cash. At the same right now cash is needed for use as we haven't got big acceptance for bitcoin among stores. |
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In my view only very few users make a effective earning greater than the day job earning. Also earning a good amount from bitcoin needs long time to be spend than what one spend upon day job. Better is to consider it an additional earning to make living more comfortable.
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Till we keep on selling our bitcoins and keep on converting it to fiat it will be used more, but if we are able to spend bitcoins directly everywhere then it will reduce the usage of fiat in future.
As quoted the fiat usage gets reduced when the direct bitcoin acceptance in physical and online stores gets increased. Possibly this happen when most of the population get to know about the existence of the digital currency. Now only a very small percentage is aware of digital currency. |
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I think it will takes a long time to reach $1000 for the price of bitcoin. Because after the halving, the price of bitcoin is stable right now. It might increase again in the end of the year, but it will not reach $1000.
As there is no similar events similar to halving, the price might touch $1000 with its gradual increase. For this gradual rise time is required which might happen around the middle of the year 2017. |
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I believe i will try to get loan from bank or just lend some money from my family or friend, i am sure that somebody would help me in situation like this...
If I will desperate for money I wouldn't do this because I don't want to have debt in the banks because that is going to have interest rates. And as the day goes by and you are not able to pay your loans with the banks the interest rates are going to become higher. So what I am going to do is just used my savings. You have to do everything if you are in desperate need of money and all the possible solution that you see you will grab it just to cure any problem you are facing, especially when it is all about emergency where life and death situation. while in desperate need of money, one needs to engage himself into all possible methods of earning to make living better with ease as mentioned in above quote. At the same needs to know the exact earning solution rather than spending time on things which were not worthy. |
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Price may be warming up with swing of 10$ everyday to get hard pumped however we can't guarantee this, but chance of price getting dumped from this point seem quite low.
I think the prices will not go down in that $ 500 for this year. but it might just be in the next few years, no one can be sure that for now I hope the next few weeks the price will revert to $ 700. probably will rise slowly but I'm sure it will happen Yeah I don't think we will see the price of $500 in coming months, in fact it will keep on rising and may be it will touch $700 in next few months and $800 by the end of the year. As quoted by the above mate the price seems to increase but this happens close to the year end. During which can expect a steep increase which might cross $800, but the falling months gets a stabilised price within the range of $610 - $670. |
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Bitcoin acceptance over physical stores as well in online stores were less compared to the other accesses provided. For this reason using bitcoin as a currency is very low. Bitcoin seems to be a best investment, as it has got the biggest growing potential compared to any other form of investment. On account of this bitcoin is preferred much as an investment rather than a currency.
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Most users earn bitcoin through faucets at the beginning of learning and knowing about bitcoin. Likewise earned my first earning from faucets. Slowly moved towards signature campaign and grew my rank which helped to earn a better amount.
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Receiving Salary in terms of bitcoin seems to be good, if the user has the habit of spending some amount upon buying bitcoins regularly. Now more users hesitate just because of the acceptance got over the universe compared to other nationalised Currencies that's been used. This gets changed when the user profile reaches certain percentage of the world population.
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As most users quoted bitcoin and other competing digital currencies gonna get used similar to the currencies that we use right now in our daily life when the user rate increase to certain extent due to mass adoption.
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Its not possible to predict the number of bitcoin users exactly, but in terms of percentage 5-10% of people might be aware of bitcoin and 2-5% might be using it. This is expected to increase gradually over the falling years.
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Nice share, but will better if you're wanna for trying publishing your article in social media. that will more reaching the people is no know about bitcoin,blockchain, and technology.
Hello shinratensei_, I'm already doing it, just posted here for Bitcointalk community to share to friends and relatives, a quick and easy way to learn about Bitcoin and Blockchain. In whatever manner its been explained, the interested person learns it even if the description is not upto the mark. For this reason its better to develop video files, so to grab the attention of users easily. Also people understand it in a better way. |
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Wow i just saw the new page in iconomi site. The current investment is way beyond the 2000 Bitcoin expected. Go 10k Bitcoin also this is the time for the people who are not invested yet. 13 Days to go
ICONOMI has generated the best platform for investment with the perfect management and team to achieve the targeted 2000Btc. Already the success have been confirmed with the ongoing investment made by users who have been investing continuously. |
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Received the payment for this week. Thanks for the timely issue of payments.
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