Bitcoin in 10 + years

[W3Coins]

BTC in 10+ years... I won't be able to imagine or predict its price in such a long timeframe but if the platform evolves for the better and more and more people/businesses use it, rely on it until then, I'd guess there will be a lot of happy people who got involved early in the ecosystem. By early I also mean these days, even if someone joins now they could see their holdings go up in value considerably.

[aso118]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?
Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.
I understood for now Russia and China acknowledged bitcoin like currency ? Am I wrong ? And are there any other countries that did the same ?

The most I expected was bitcoin could be a legal tender and also many countries that have given positive regulation of the bitcoin. So bitcoins are free to circulate and everything is set with a predetermined decision. This can certainly make the bitcoin price is increasing and also used by many people. Bitcoin can be equivalent to real money is the goal.

Legal tender is a tough call. It implies that governments allow all obligations to be settled in bitcoins, which thereby undermines the national fiat currency. Bitcoin may become widely accepted, but I don't see it becoming legal tender.

[uneng]

10 years from now bitcoin will be under pressure from other cryptocurrencies especially those initiated by banking institutions or well established companies which will offer a centralized money system that will likely have more support than decentralized currencies like bitcoin

Agree mostly banks will make a new crypto that will be like or it would surpass the bitcoin. Though i think bitcoin will be more stronger, no one can stop it unless there are catastrophic that will happen on the market of bitcoin. But now lets just celebrate that existence of bitcoin and be happy that the bitcoin is their so that we could earn some of money

Bank's crypto currencies can only have success if they force persons to use that instead of bitcoins. Who uses bitcoin doesn't want bank intervention, they want a more free financial system different from the centralized.
In 10 years the bitcoin price can reach to 10000$ very easily, but I don't think it's enough time to make the currency price stable.

The point is that banks can create their own cryptocurrency and it'll work just fine. Just like China and Russia are trying to create their own cryptocurrency, whilst they are actively fighting against bitcoin. Doesn't really make sense but since the ledger is immutable, i guess it adds an extra layer of security. Theh central bank of each economy can still manipulate interest rates, inflation rates, all that jack.

In 10 years time i can see a lot of countries having their own "altcoins" or their own "national cryptocurrency". Just like right now nations have their own fiat currency, but gold is still viewed as king, in my opinion bitcoin will be somewhat like gold to fiat currencies right now.

For bitcoin to show what it's truly made of, an economic collapse in a major country has to occur. Unfortunately as it sounds, i believe when an economy collapses it's the perfect time for bitcoin to offer itself up to the task, thus gaining more users. $1 million per coin in 2027 due to inflation isn't impossible at all.

The banks and governments can try, but they will have just altcoins at their control... Bitcoin will remain free and decentralized as always. I agree with you there is an extra layer of security when using the alt of banks.
They will give guarantees bitcoin doesn't have, but as you said, it's their currency, they control interest rates, inflation, always making more profit for them and less for us. These are the strong positive and negative points.

[ultrloa]

10 years from now bitcoin will be under pressure from other cryptocurrencies especially those initiated by banking institutions or well established companies which will offer a centralized money system that will likely have more support than decentralized currencies like bitcoin

Agree mostly banks will make a new crypto that will be like or it would surpass the bitcoin. Though i think bitcoin will be more stronger, no one can stop it unless there are catastrophic that will happen on the market of bitcoin. But now lets just celebrate that existence of bitcoin and be happy that the bitcoin is their so that we could earn some of money

Bank's crypto currencies can only have success if they force persons to use that instead of bitcoins. Who uses bitcoin doesn't want bank intervention, they want a more free financial system different from the centralized.
In 10 years the bitcoin price can reach to 10000$ very easily, but I don't think it's enough time to make the currency price stable.

The point is that banks can create their own cryptocurrency and it'll work just fine. Just like China and Russia are trying to create their own cryptocurrency, whilst they are actively fighting against bitcoin. Doesn't really make sense but since the ledger is immutable, i guess it adds an extra layer of security. Theh central bank of each economy can still manipulate interest rates, inflation rates, all that jack.

In 10 years time i can see a lot of countries having their own "altcoins" or their own "national cryptocurrency". Just like right now nations have their own fiat currency, but gold is still viewed as king, in my opinion bitcoin will be somewhat like gold to fiat currencies right now.

For bitcoin to show what it's truly made of, an economic collapse in a major country has to occur. Unfortunately as it sounds, i believe when an economy collapses it's the perfect time for bitcoin to offer itself up to the task, thus gaining more users. $1 million per coin in 2027 due to inflation isn't impossible at all.

The banks and governments can try, but they will have just altcoins at their control... Bitcoin will remain free and decentralized as always. I agree with you there is an extra layer of security when using the alt of banks.
They will give guarantees bitcoin doesn't have, but as you said, it's their currency, they control interest rates, inflation, always making more profit for them and less for us. These are the strong positive and negative points.

And that could be the worst happening if they can control it since I believe if that thing will occur our profit generated by bitcoin or altcoins will be lessen since inflation will controled and supplies will be hodl by the government whos controlling it. But all assumption unto it will be surely impossible since bitcoins and crypto's are pretty much amazing for its anonymity.

[digaran]

Honestly if some body asks me to predict the price of Bitcoin in the next 12 hours I'd be lying if I'd said something regarding the price at least. in 10 years a lots of things could happen, one of which could be this forum saturated with enough shitposts that we all will choke and die. lol once.
I believe Bitcoin will grow in user base and mining industry and some where along the way gullible people that we are, will understand how mericans were buying all the coins to control the ecosystem and will stop giving our coins so cheap to them.

[Mia Wallace]

Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.

One thing i accept is that you could see more people coming into crypto currency but having a stable currency is the one thing i cannot accept,i do not think it will be stable,i like the volatility and most of the traders will like the high volatility.

[freedomno1]

What are your speculations on the bitcoins but also the rest of cryptocurrencies in the future ?

I predict that there will be a variety of currencies like the modern currency system for crypto, with Bitcoin being the main currency people use globally and a variety of other cryptocurrencies being preferred in certain countries for various reasons.

As we move further into the technological age more vendors will adopt the technology and the price and value of coins held today will skyrocket from the current prices, giving people who enter at this point in time more than ample opportunity to make small fortunes or large ones depending on how well they can execute today and picking the best coins with the brightest outlook.

[Duzter]

Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.

One thing i accept is that you could see more people coming into crypto currency but having a stable currency is the one thing i cannot accept,i do not think it will be stable,i like the volatility and most of the traders will like the high volatility.

More people will come into the bitcoin as well the other digital currency usage. But at the same I don't have any exact prediction on the price or growth of bitcoin. When more Countries legalize the value will be high also the hardness relative to it will also increase.

[BitHodler]

Me personally I think that it will generate more interest and at one point it will become a stable currency acknowledged worldwide , so when more countries accept it like currency it will increase the demand considerably thus so it's value.

One thing i accept is that you could see more people coming into crypto currency but having a stable currency is the one thing i cannot accept,i do not think it will be stable,i like the volatility and most of the traders will like the high volatility.

It's the free market aspect that makes crypto in general so volatile, combined with the poor liquidity that this industry till this day has. But as you also pointed out, this is what traders are looking for.

Liquidity is an important aspect when it comes to stability. Gold for example is one of the most liquid markets in the world, which makes sure that large value movements don't necessarily have an impact on its price.

Dump $25 million worth of Bitcoin on the market, and it will go nuts, literally. You'll need to sell the price down massively in order to do the job. Sell $25 million in gold, and the market won't give a single damn.

Bitcoin is still a small asset, and it will likely grow further, but never to the level of reaching gold-like stability. I actually prefer to have it like this as the volatility will make sure that it attracts capital from traders.

[Mr.grin]

10 years is a very long time. Now bitcoin is not yet 10 years old, but bitcoin has been famous and even competes with gold. Well, it can be assured that in the next 10 years, bitcoin is definitely more popular than it is now, and certainly will have a high price.

[Ewox]

I think everyone knows in 10 years or at least everyone is expecting bitcoin to increase probably more than what they have right now. Mainly because bitcoin has been increasing year by year though there were times it dropped half its value but it did stood up and increased back.