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Question: What awaits Bitcoin in the future? How do you see Bitcoin?
Bitcoin will change the financial world. Bitcoin have great potential. Price Bitcoin will only grow.
Bitcoin is only a temporary speculative instrument. Bitcoin - a bubble. Price Bitcoin eventually roll down to zero.

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Author Topic: What awaits Bitcoin in the future? (poll)  (Read 3752 times)
NorrisK
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June 12, 2015, 06:31:14 AM
 #41

I think the technology behind bitcoin and especially the blockchain will fuel a lot of new innovation. Whether bitcoin itself will be used is to be seen though. First mover advantage can be strong though Smiley
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June 12, 2015, 06:32:28 AM
 #42

Bitcoin is on very solid progress by getting natural growth all financial analysis showing the clear sign of it's bright future, adoption increasing dramatically day by day around the globe and acceptance by the big merchants soon we will see more companies into the list, it is good time to buy and hold to secure the our future.
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June 12, 2015, 06:33:02 AM
 #43

Bitcoin is already changing people's minds and perception of how financial institutions should work. Blockchain technology is being researched by banks, IT companies and governments.
People already invested too much in bitcoin its infrastructure and services. I can't end like a standard altcoin bubble. Of course it will change our future.
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June 12, 2015, 03:36:20 PM
 #44

I can not choose the second option because in spite the fact bitcoin's price had bubbles and it is going to suffer the same fate as before in the future, the price is not going down to zero. It is going to continue having a steady growth.

so I think that bitcoin has great potentials an I agree with the first option more, and that is the price will grow and it is going to change the financial world.

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Marbit
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June 12, 2015, 03:46:46 PM
 #45

Hello! I'm interested in Your opinion on the future of Bitcoin.
I suggest to everyone to vote in the poll.
Let's see who has the most, the optimists or the pessimists?
Please leave Your opinions in the comments.
Thanks to everyone who voted!
I am a firm believer in bitcoin and i believe that the price of bitcoin will appreciate with time. It has stayed true to the vision of Satoshi and will continue to do so. Bitcoin is here to stay and change the way the world financial is in the current state and the price will go up in the near future.
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June 12, 2015, 11:45:42 PM
 #46

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up
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June 12, 2015, 11:55:44 PM
 #47

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up

For believers everything is easy to see, because they believe... Cheesy

I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now.
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June 13, 2015, 09:02:45 AM
 #48

Bitcoin is already changing people's minds and perception of how financial institutions should work. Blockchain technology is being researched by banks, IT companies and governments.
People already invested too much in bitcoin its infrastructure and services. I can't end like a standard altcoin bubble. Of course it will change our future.

Bitcoin already changed our thinking about financial freedom, money, the online payments, security etc.
Now the main question is whether bitcoin can survive long term and become mainstream, globally accepted by many ''big'' merchants, average Internet users etc
So far, the bitcoin was a leader in his field but the competition is more intense every day and we will need to make more efforts in order to make breakthrough and become main standard.
I'm optimistic and really see bright future for us, bitcoin users.
Just recently we got first Bitcoin ATM in my country, already some companies accept bitcoin so every day we see some progress Smiley

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June 13, 2015, 09:38:26 AM
 #49

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up

For believers everything is easy to see, because they believe... Cheesy

I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now.

it's better for sure, but it doesn't have support from governments to make it widely adopted. that's why it will stay just an alternative.
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June 13, 2015, 09:44:27 AM
 #50

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up
but it is stupid to believe in something so blindly. for believers who think bitcoin will rise to the moon and make them rich in over night, they are just going to get hurt and disappointed.
this is why we always see so much panic sells/buys and so many market price swings all over the place.

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June 13, 2015, 09:50:55 AM
 #51

When I first entered bitcoin I believed it was going to change the financial world for the masses for the better, as time has gone on I don't believe so much anymore that it will do what I first believed. Will it grow I am also skeptical about this but heres to hoping it does  Grin

I am in camp 2 I feel it was a bubble and will roll down to a few dollars not 0 though because to much funds will be pushing it back up and carry on manipulating to make their quick buck.

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June 13, 2015, 10:17:50 AM
 #52

When I first entered bitcoin I believed it was going to change the financial world for the masses for the better, as time has gone on I don't believe so much anymore that it will do what I first believed. Will it grow I am also skeptical about this but heres to hoping it does  Grin

I am in camp 2 I feel it was a bubble and will roll down to a few dollars not 0 though because to much funds will be pushing it back up and carry on manipulating to make their quick buck.

There were skeptics like you at the start also but some people believed in the concept and they bought it when not many people were buying, and now we know them as 'early adopters' and because they believed in it they received the rewards when it went to the roof.

I believe bitcoin has a great future ahead and the people who believe in it will again be rewarded in future, but it might not be in near future as it will take some time.

 

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June 13, 2015, 10:54:28 AM
 #53

When I first entered bitcoin I believed it was going to change the financial world for the masses for the better, as time has gone on I don't believe so much anymore that it will do what I first believed. Will it grow I am also skeptical about this but heres to hoping it does  Grin

I am in camp 2 I feel it was a bubble and will roll down to a few dollars not 0 though because to much funds will be pushing it back up and carry on manipulating to make their quick buck.

There were skeptics like you at the start also but some people believed in the concept and they bought it when not many people were buying, and now we know them as 'early adopters' and because they believed in it they received the rewards when it went to the roof.

I believe bitcoin has a great future ahead and the people who believe in it will again be rewarded in future, but it might not be in near future as it will take some time.
I was a skeptic myself at the beginning of my journey with bitcoin. Then I thought there is short way to make bitcoin a global and the most popular payment processor on Earth.
But now I see that is not that easy task. Old financial system is strong and they won't give up easily. On top of that decentralisation is not always something to be proud of.
Sometimes bitcoin need strong leadership and not thousands voices screaming different things. (See the last debate: bitcoin core  vs xt)


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June 13, 2015, 02:41:13 PM
 #54

Old financial system, not necessarily to fight with Bitcoins. They can just take and use it. And then continue to make money.
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There will be many similar situations. People will always argue.
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Harry Hood
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June 13, 2015, 03:56:01 PM
 #55

There's no doubt that the technology can change the industry of financial transactions. We've seen so much attention and recognition of this from the bitcoin community, the banking community, and the Federal Reserve. The uncertainty that I think still remains is if bitcoin will remain as a currency choice. I don't think that innovation of this project has reached validation or the full level of acceptance yet.

It's possible that the legacy of bitcoin is the technology and that the currency could fade into the history books. (Obviously I'd wouldn't want that, but it's a possibility.)

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June 13, 2015, 04:05:55 PM
 #56

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up
but it is stupid to believe in something so blindly. for believers who think bitcoin will rise to the moon and make them rich in over night, they are just going to get hurt and disappointed.
this is why we always see so much panic sells/buys and so many market price swings all over the place.

I think it in the same way you cannot afford to trust something very blindly that it can change the world. Ofcourse we want it should change the world in the coming years as we are using bitcoins but it is difficult to judge at a moment whether it will change the world or it will no more in the future.
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June 13, 2015, 07:25:33 PM
 #57

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up

For believers everything is easy to see, because they believe... Cheesy

I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now.

it's better for sure, but it doesn't have support from governments to make it widely adopted. that's why it will stay just an alternative.

it does not need the support from government at all, to stay competitive against fiat, it only need more people using it, that's all, those who do not utilize it, have a problem in handling the bitcoin security, and they are still to addicted to a form of a central security

It is a matter of habit towards the new(bitcoin), you need plenty of time before their habit will be moved toward a decentralized monetary system, like bitcoin

like someone said,(it was satoshi i think) bitcoin can or die or reach the moon, there is no middle way

 
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June 13, 2015, 07:59:23 PM
 #58

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up

For believers everything is easy to see, because they believe... Cheesy

I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now.

it's better for sure, but it doesn't have support from governments to make it widely adopted. that's why it will stay just an alternative.

it does not need the support from government at all, to stay competitive against fiat, it only need more people using it, that's all, those who do not utilize it, have a problem in handling the bitcoin security, and they are still to addicted to a form of a central security

It is a matter of habit towards the new(bitcoin), you need plenty of time before their habit will be moved toward a decentralized monetary system, like bitcoin

like someone said,(it was satoshi i think) bitcoin can or die or reach the moon, there is no middle way

 


Exactly there is no middle way for bitcoin. Either it will reach the moon or it will just be an topic of history in the future and people would just keep on talking that there was a currency like bitcoin in the past but it didn't work. How it will work without the awareness level of the people and we don't want that bitcoin should only on the paper we wish that it could change the financial system.
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June 13, 2015, 08:47:33 PM
 #59

For the believers, it's easy to see Bitcoin will prevail in the long run. It's logical to see how its benefits will eventually win the hearts and minds of the people. Just keep your head up

For believers everything is easy to see, because they believe... Cheesy

I think you don't have to believe in Bitcoin, even if you take an analytical approach it's pretty clear that it's a much better money system than the corrupt one we have now.

it's better for sure, but it doesn't have support from governments to make it widely adopted. that's why it will stay just an alternative.

it does not need the support from government at all, to stay competitive against fiat, it only need more people using it, that's all, those who do not utilize it, have a problem in handling the bitcoin security, and they are still to addicted to a form of a central security

It is a matter of habit towards the new(bitcoin), you need plenty of time before their habit will be moved toward a decentralized monetary system, like bitcoin

like someone said,(it was satoshi i think) bitcoin can or die or reach the moon, there is no middle way

 


Exactly there is no middle way for bitcoin. Either it will reach the moon or it will just be an topic of history in the future and people would just keep on talking that there was a currency like bitcoin in the past but it didn't work. How it will work without the awareness level of the people and we don't want that bitcoin should only on the paper we wish that it could change the financial system.

I don't think it can change the world or the financial system of the country. Its behavior would be the same as it is at present It can never bring the revolution across the globe which internet did. Today internet is the basic necessity and there is no alternative for internet but there are many alternatives for bitcoins so we need to take it easy.
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June 13, 2015, 11:17:02 PM
 #60

I can not choose the second option because in spite the fact bitcoin's price had bubbles and it is going to suffer the same fate as before in the future, the price is not going down to zero. It is going to continue having a steady growth.

so I think that bitcoin has great potentials an I agree with the first option more, and that is the price will grow and it is going to change the financial world.


Yes it can change the financial system but only if the adoption level goes to the maximum or else the future of bitcoin is in dark. And we cannot run away from the reality that still many countries are not aware about the bitcoin so if each and every country start using bitcoin then it can surely create an history.

 

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