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Author Topic: Tell me your predictions about Bitcoin  (Read 234779 times)
diegz
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January 30, 2017, 08:49:34 AM
 #1541

My guess is, bitcoin will be so powerful after so many years that will pass. It will be use by almost all people around the globe, bitcoin is already adopted even by small busineses.,bitcoin can also be use in paying a taxi using a bitcoin card.

As per OP, I don't see bitcoin becoming such thing as you mentioned within 5 years. The only sure is many will be using it, including taxis that accepts bitcoin, and business too, probably there will be an increase on them that are accepting bitcoin, but for it to be so powerful, no, not yet. It will take time before it could become one great currency in the world.

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January 30, 2017, 09:58:48 AM
 #1542

I think bitcoin will continue to make its way to be known to people ! Me personally I believe that bitcoin will be widely used all over the world ! there is no need to convert your bitcoin to fiat because it will be accepted already as a currency ! Bitcoin have so much potential and I know over the years it will gradually be reveal  to us !
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January 30, 2017, 10:08:55 AM
 #1543

I think bitcoin will continue to make its way to be known to people ! Me personally I believe that bitcoin will be widely used all over the world ! there is no need to convert your bitcoin to fiat because it will be accepted already as a currency ! Bitcoin have so much potential and I know over the years it will gradually be reveal  to us !

Bitcoin has potential, that's true and possibly becoming a real currency that is recognized by the whole world, probably the price would keep on increasing until there is no more bitcoin to mine... But of course, there are still flaws in bitcoin that needs fixing so it would become almost perfect currency...
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January 30, 2017, 10:24:17 AM
 #1544

I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
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January 30, 2017, 01:10:38 PM
 #1545

Bitcoin would be  probably become one of the most know cryptocurrency all over the world ! Its gonna be used to buy goods and services ! People  were probably stored there private keys on vaults ! Im so excited what Bitcoin can bring to us in the near future! maybe in the next years we can already used it in Apple Store or Google Play Store!
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January 30, 2017, 02:33:57 PM
 #1546

Secure transactions and any possibility of theft because it depends on the internet and all the supporters and the devices and therefore highly susceptible although they remain safe.
Bitcoin user community is starting to show its capacity as the main flag bearer cryptocurrency and it's been good with the receipt of payment Bitcoin as a medium of exchange.
Bitcoin already is on track, the trend has been positive.
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January 30, 2017, 02:56:08 PM
 #1547

I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
For now, first world countries that plays an important role for the progress of bitcoin as the the current supply of bitcoins on the network hold on their wallets, every movement will affect to the price. When the free internet deliver to 70% population of the world, we should have more adopters but the problem is : only big whales that could buy decent amount of bitcoin and average people just trying to buy a bit, it also risk for them if the price suddenly drop. I know that bitcoin price increasing is inevitable as the advantages of bitcoin will realized by mostly people who learn about it.
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January 30, 2017, 07:18:51 PM
 #1548

I am positive.Digital currency industry will grow,whatever some people want that or dont want.Cinise regulators want to make order with trading that is all.Imagine Eleonor Musk wants to deliver free internet to 70% population of the globe,now big problem is good quality internet limitation

This is one of the important aspects of development. There are many parts of the world where there is limited or no connectivity at all so people living in such isolated parts are usually unaware of the latest developments and it leads to the imbalance of user base. I am sure once we have sustainable internet (connectivity) throughout the world then the pace of awareness and development would be much higher than that of today.
For now, first world countries that plays an important role for the progress of bitcoin as the the current supply of bitcoins on the network hold on their wallets, every movement will affect to the price. When the free internet deliver to 70% population of the world, we should have more adopters but the problem is : only big whales that could buy decent amount of bitcoin and average people just trying to buy a bit, it also risk for them if the price suddenly drop. I know that bitcoin price increasing is inevitable as the advantages of bitcoin will realized by mostly people who learn about it

In fact, it is the same risk for everybody, either super whales or generic people. What matters here is how much risk you are willing to take. Whales typically handle just enough amount of risk (otherwise they wouldn't be whales in the first place), while generic people often overvalue their capabilities to withstand losses and thus more often than not end up losing at the end of the day. But in this aspect Bitcoin is no different than any other traded asset out there, and if someone buys something for the sole purpose of selling it later at a higher price, he should understand and accept the consequences of possible adverse events (such as price collapse)

Investing (and still more trading) is not your La-La land

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January 30, 2017, 07:43:32 PM
 #1549

Bitcoin will be more popular in future and will be known by many people and they will actually start using it which will take its price to next level as of now the usage and popularity of bitcoin is limited but the scenario would be different in next 5 to 10 years and we will also find many online sites that will start accepting bitcoin as a mode of payment.
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January 31, 2017, 08:02:41 AM
 #1550

My prediction, bitcoin main choice will always be made, although nowadays many new coins are made, but it will never reduce people's interest to keep a bitcoin. my prediction, bitcoin will endure for the next 10 years, after that, it may be surpassed by other coins.
diegz
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January 31, 2017, 08:23:07 AM
 #1551

My prediction, bitcoin main choice will always be made, although nowadays many new coins are made, but it will never reduce people's interest to keep a bitcoin. my prediction, bitcoin will endure for the next 10 years, after that, it may be surpassed by other coins.

In 10 years bitcoin will still have a good high price, but when it comes to use, I think it's true, other coins might start to make it to the top over where the bitcoin is right now. But for sure, it will be used by many, and if it is used by many users and problems were fixed, I doubt that any other coins will drive bitcoin down.

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January 31, 2017, 08:29:17 AM
 #1552

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
After 5 years some people still not accepting bitcoin as money. There will be a huge strike  on how they will destroy bitcoin. This are the people who dont like bitcoin at the first place.
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January 31, 2017, 03:32:01 PM
 #1553

What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
After 5 years some people still not accepting bitcoin as money. There will be a huge strike  on how they will destroy bitcoin. This are the people who dont like bitcoin at the first place.

I don't think the bitcoin haters will be able to do anything at all. Bitcoin users are all tired with articles that says bitcoin is being used in the deepweb, that bitcoin is a scam coin, that bitcoin is a huge ponzi site, that bitcoin is illegal, etc. We all heard of all these stories. Some of them are true and some of them are false, and we don't even have to defend bitcoin since we know what's really happening. They are only bashing bitcoins because we make money from it and they can't.

"People throw rocks at things that shine" - Taylor Swift.

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January 31, 2017, 04:17:44 PM
 #1554

I expect that bitcoin never go destroy even if now adays many types of coin made but bitcoin will remain always pretty for all customers.

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January 31, 2017, 04:39:14 PM
 #1555

I expect that bitcoin never go destroy even if now adays many types of coin made but bitcoin will remain always pretty for all customers.

It will one day become exhausted not in terms of mining but in terms of usage. But we should be able to enjoy and use bitcoin for at least some decades.
Then it will  probably be followed up by bitcoin 2.0.

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January 31, 2017, 04:50:59 PM
 #1556

We predict about bitcoin that it can not be die because so many people are joined with bitcoin site ,but many types of coinbase site are developed in the market but most people are interested to use this site .
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January 31, 2017, 05:07:59 PM
 #1557

bitcoin will be replaced by ethereum

proof? The nodes

now ethereum is running more nodes than bitcoin
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January 31, 2017, 11:34:25 PM
 #1558

I expect that bitcoin never go destroy even if now adays many types of coin made but bitcoin will remain always pretty for all customers.
cryptocurrency or other altcoin come and go. they have the technology and its own characteristics may be technologically more powerful than bitcoin. but if users continue to survive and use bitcoin, then bitcoin will continue to survive
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February 01, 2017, 01:41:21 AM
 #1559

After a big decline at the beginning of the year, bitcoin goes up and appears currently around 964$ on the main trading platforms.
Wait until March to see more clearly. According to experts the chances of success of the two ETF Bitcoin waiting for responses are rather thin, a double refusal should not be a disaster for the course (small decline still to be expected), on the other hand, if one of the two work, we can expect a good comeback. Grin
Let us ride to this one, the price is rising again and we will be near to $1,000. I guess it will happen soon, so I am not gonna sell my bitcoins now and wait until the price will start to be stable again. I like what I am seeing actually, I have been expecting this to happen and here it is, hope this will continue.

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February 01, 2017, 06:14:08 AM
 #1560

So those people that are predicting that bitcoin is going to get back in $1,000. Then the time of it has come the price now is pumping. And in no time the price is going to become $1,000. Once it reached to $1,000 then the time for more pump is going to be possible and it can reach up to $1,500.

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