Tell me your predictions about Bitcoin

[SvenBomvolen]

My fearless forecasts this year is that bitcoin will surpass $2,000 this year and will continue to rise after as it is happening now. As the leader in cryptocurrency, bitcoin will always be the superstar. Ehtereum will always be tailing to bitcoin.

It's too optimistic for newbie to say that bitcoin will always be superstar. yes, today it is, but nobody knows what is going to happen in future. Bitcoin is not ideal and the main minus that it's limited. In future some other crypto currency can replace bitcoin.

[anavuajna]

My fearless forecasts this year is that bitcoin will surpass $2,000 this year and will continue to rise after as it is happening now. As the leader in cryptocurrency, bitcoin will always be the superstar. Ehtereum will always be tailing to bitcoin.

It's too optimistic for newbie to say that bitcoin will always be superstar. yes, today it is, but nobody knows what is going to happen in future. Bitcoin is not ideal and the main minus that it's limited. In future some other crypto currency can replace bitcoin.

I always thought that the fact that Bitcoin is limited in amount is a big advantage. This can be expected to increase its prices each year. Already this year, the price of Bitcoin has to reach 2000+

[Oggy1987]

I think that the Bitcoin will live a very long time especially with in this time were technology is taking over the world.
I also think that over a couple years much more people will use the Bitcoin. And that more shops are going to accept Bitcoin as a payment

Well it live long enough really for a digital currency. And many people are really using it and earning it. I think if the user increase more and more, it will be popular and stores will more likely to accept bitcoin from their costumer.

I agree, since the bitcoin’s price has been increasing a lot lately many people are interested in it and many users are joining in and we can see that by the increased number of transactions, and I really think that this is only going to make bitcoin more expensive and people get interested in it more and more.

  Aboslutely, tho the time of transactions is the only down side of the whole bitcoin business implementation due to the longer time of confirmation. That's not the problem for online businesses but it can be a problem when you're in your local store and there's a line behind you and you must wait for the confirmation and we know that sometimes it can take a while.

  But my prediction for bitcoin would be a static one, bitcoin will be accepted here and there and the price will be rising steady but slowly BUT there won't be any mass acceptance (I mean acceptance as in the local grocery stores) untill the transaction and confirmations are a little quicker and also until the bitcoin price jumps a little more, maybe around 2-3K$ per BTC, also and I hope that some businesses will see the potential of a bitcoin and implement it asap.

Yeah but Bitcoin is not made for such things, like buy a coffee or something similar. I said few months before, if I had coffee shop or some local store like that, and I wanted to offer bitcoin payment, I would make gift card (lets call it that way), where you can buy that card stashed with credit, and not wait for confirmation every time you want coffee.

How can you ever say that?

I mean how can you come to judge for Bitcoin was actually made for? I don't even mean to say that it is not up to you to decide (though you can look at this from this angle). I mostly refer here to the fact that Bitcoin is still largely a project in early development and will likely remain that for its entire lifespan (I mean being further developed). Even fiat currencies are constantly forging ahead in their functions and capabilities (e.g. online-banking, instant card-to-card transfers and payment cards themselves). As I see it, there is no reason to think that anything is carved in stone (at least, as long as Bitcoin remains Bitcoin)

Who's judging? Why you took that so personally? Waiting for long confirmation says that, not me. At least in this stage, I never said it's not going to be developed enough to overcome this, but at this point... Yes, it's not made for that (by made I mean not good for that atm, not that I know what Satoshi wanted it to be).

[Sled]

I always believe in bitcoin and it doesn't disappoint me and bitcoin always surprises me for its movement especially on the price. I think that bitcoin will experience more pump for this year because of the possible income etf and it just need approval and then it will create a big hype for investors to invest more and the price will be massive. I always think that bitcoin will be one of the most well known currency around the world by just after a few years because of the great developments now.

[deadpoolx]

My prediction is simple we will touch the 2000 dollars price at the end of the year maybe we will only touch but I think that price is reachable and if it this then bitcoin will create a storm in the economic world and everyone will want to have a piece of bitcoin.

Judging by the fact that analysts predict, then it really will happen. I think that such a prospect is quite possible, given the doubling of prices over the last few months.

Yeah, the current bitcoin situation is very promising and gives the impression that it is going to keep on rising in both the user base and the price and that means that we should hold on to our savings because there is going to be a peak in the next few months and that will be a good way to make profit.

Hitting main stream of adoption would be my predictions on bitcoins, still it might need more time. Probably before 2020, we could assume everything will be available for bitcoin payments.

Things will definitely change in next 4 to 5 years as we will see more adoption and even the acceptance of bitcoin will go to higher level and we will find many online as well as offline places where we could easily spend our bitcoins and the price will also be much higher then present.

Possibly, but for Bitcoin to succeed in the long run it is necessary that at least the basics are resolved. Things like scalability and malleability should have been solved a long time ago. I think there are selfish interests causing progress with this to be stopped.

[simpler2016]

My prediction is simple we will touch the 2000 dollars price at the end of the year maybe we will only touch but I think that price is reachable and if it this then bitcoin will create a storm in the economic world and everyone will want to have a piece of bitcoin.

Judging by the fact that analysts predict, then it really will happen. I think that such a prospect is quite possible, given the doubling of prices over the last few months.

Yeah, the current bitcoin situation is very promising and gives the impression that it is going to keep on rising in both the user base and the price and that means that we should hold on to our savings because there is going to be a peak in the next few months and that will be a good way to make profit.

Hitting main stream of adoption would be my predictions on bitcoins, still it might need more time. Probably before 2020, we could assume everything will be available for bitcoin payments.

Things will definitely change in next 4 to 5 years as we will see more adoption and even the acceptance of bitcoin will go to higher level and we will find many online as well as offline places where we could easily spend our bitcoins and the price will also be much higher then present.

Possibly, but for Bitcoin to succeed in the long run it is necessary that at least the basics are resolved. Things like scalability and malleability should have been solved a long time ago. I think there are selfish interests causing progress with this to be stopped.

Bitcoin technology is very well thought out, but now we are faced with the problem of long transactions. This problem, too, must somehow be addressed. I think it interferes with the normal development and popularization of Bitcoin

[Shady]

Once BTC becomes fully compatible with altcoins the amount each economy can mix will add many to it's hierarchy. It takes loads of time to get passed the learning curve, but when the time is done ahead more and more financial or investment opportunities could lead to future integration.

I think BTC will remain the leader as much as it takes to be worth near gold... The truth behind cryptocurrency is having more active use in order to thrive in the coming startup innovation. There's many web services yet to come which will bring new design into your portfolio.

[kidoseagle0312]

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?

Bitcoin will always be the mother of all cryptocurrecies, and king of the internet online in terms of financials aspects. In Spite of so many circumstances the bitcoin faced it before, now the the value is like a sky rocket going to the moon. Meaning most of the critics in bitcoin didn't succeed to destroy it. Because many bitcoin supporters rise up even in business industry.

[btcdevil]

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?

Bitcoin will always be the mother of all cryptocurrecies, and king of the internet online in terms of financials aspects. In Spite of so many circumstances the bitcoin faced it before, now the the value is like a sky rocket going to the moon. Meaning most of the critics in bitcoin didn't succeed to destroy it. Because many bitcoin supporters rise up even in business industry.

Apart from this their is also one main reason of rise in price of bitcoin is inclusion of bitcoin in ETF and if it got approved then we can see the price moving more faster. So everything is now depended on the ETF if not we can see some selling pressure in bitcoin

[lionheart78]

Bitcoin technology is very well thought out, but now we are faced with the problem of long transactions. This problem, too, must somehow be addressed. I think it interferes with the normal development and popularization of Bitcoin

I do not think that the technology is very well thought since we are facing large number of unconfirmed transaction. If it is well thought then we should have no problem like this. Bitcoin scalability need to be upgraded. 


Even with this scalability problem, traders seems not affected in buying Bitcoins.  This ETF effect is really strong to the point that it pushes Bitcoin price above its previous ATH.  I just hope that this ETF be approved else we will see a sharp decline when it is disapproved.

[patrickmh]

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?

Bitcoin will always be the mother of all cryptocurrecies, and king of the internet online in terms of financials aspects. In Spite of so many circumstances the bitcoin faced it before, now the the value is like a sky rocket going to the moon. Meaning most of the critics in bitcoin didn't succeed to destroy it. Because many bitcoin supporters rise up even in business industry.

Apart from this their is also one main reason of rise in price of bitcoin is inclusion of bitcoin in ETF and if it got approved then we can see the price moving more faster. So everything is now depended on the ETF if not we can see some selling pressure in bitcoin

Yes the price of bitcoins in coming days will depend on the decision of ETF approval or disapproval and if it gets disapproved then we may witness lower price of bitcoins and no one knows how lower it can go in coming days but if ETF gets approved then expected some unexpected higher price of bitcoins so lets wait for next few days and see where bitcoin lands in coming days.

[NEWGOODOUBLE]

My prediction is simple we will touch the 2000 dollars price at the end of the year maybe we will only touch but I think that price is reachable and if it this then bitcoin will create a storm in the economic world and everyone will want to have a piece of bitcoin.

Judging by the fact that analysts predict, then it really will happen. I think that such a prospect is quite possible, given the doubling of prices over the last few months.

Yeah, the current bitcoin situation is very promising and gives the impression that it is going to keep on rising in both the user base and the price and that means that we should hold on to our savings because there is going to be a peak in the next few months and that will be a good way to make profit.

Hitting main stream of adoption would be my predictions on bitcoins, still it might need more time. Probably before 2020, we could assume everything will be available for bitcoin payments.

Things will definitely change in next 4 to 5 years as we will see more adoption and even the acceptance of bitcoin will go to higher level and we will find many online as well as offline places where we could easily spend our bitcoins and the price will also be much higher then present.

Possibly, but for Bitcoin to succeed in the long run it is necessary that at least the basics are resolved. Things like scalability and malleability should have been solved a long time ago. I think there are selfish interests causing progress with this to be stopped.

Bitcoin technology is very well thought out, but now we are faced with the problem of long transactions. This problem, too, must somehow be addressed. I think it interferes with the normal development and popularization of Bitcoin

if you use blockchain and you use a fee below 0.0004 BTC. you'll find a very long time confirmation and it never made me very sick. then I currently use to exchange bitcoin transactions. yeah I hope this issue can be resolved in the future

[boris singer]

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?

Bitcoin will always be the mother of all cryptocurrecies, and king of the internet online in terms of financials aspects. In Spite of so many circumstances the bitcoin faced it before, now the the value is like a sky rocket going to the moon. Meaning most of the critics in bitcoin didn't succeed to destroy it. Because many bitcoin supporters rise up even in business industry.

Apart from this their is also one main reason of rise in price of bitcoin is inclusion of bitcoin in ETF and if it got approved then we can see the price moving more faster. So everything is now depended on the ETF if not we can see some selling pressure in bitcoin

Yes the price of bitcoins in coming days will depend on the decision of ETF approval or disapproval and if it gets disapproved then we may witness lower price of bitcoins and no one knows how lower it can go in coming days but if ETF gets approved then expected some unexpected higher price of bitcoins so lets wait for next few days and see where bitcoin lands in coming days.

If ETF is not approved will not affect the significant price decline to BTC, it will open up opportunities altcoin to rise again. True if current price rises due to high demand, one of the reasons is news of SEC's decision, this is only development incentives, let us hope that if March 11 there will be positive news because it will greatly affect increase in our online revenues.

[suredoood]

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?

I think that Bitcoin can be big because it unites the world in a way similar to the Internet. It breaks barriers between people and allows for faster transportation of something (money in this case) which has always proved to be beneficial to society.

[valta4065]

I don't believe in ETF.
It won't go through

And if it doesn't go through... Well it gonna hit the shit hard soon :/

[X-ray]

My prediction is simple we will touch the 2000 dollars price at the end of the year maybe we will only touch but I think that price is reachable and if it this then bitcoin will create a storm in the economic world and everyone will want to have a piece of bitcoin.

Judging by the fact that analysts predict, then it really will happen. I think that such a prospect is quite possible, given the doubling of prices over the last few months.

Yeah, the current bitcoin situation is very promising and gives the impression that it is going to keep on rising in both the user base and the price and that means that we should hold on to our savings because there is going to be a peak in the next few months and that will be a good way to make profit.

Hitting main stream of adoption would be my predictions on bitcoins, still it might need more time. Probably before 2020, we could assume everything will be available for bitcoin payments.

Things will definitely change in next 4 to 5 years as we will see more adoption and even the acceptance of bitcoin will go to higher level and we will find many online as well as offline places where we could easily spend our bitcoins and the price will also be much higher then present.

Possibly, but for Bitcoin to succeed in the long run it is necessary that at least the basics are resolved. Things like scalability and malleability should have been solved a long time ago. I think there are selfish interests causing progress with this to be stopped.

Bitcoin technology is very well thought out, but now we are faced with the problem of long transactions. This problem, too, must somehow be addressed. I think it interferes with the normal development and popularization of Bitcoin

Longest transaction and high fees, The bitcoin network are really weakness especially if the spam transaction was attacking the network and it makes the transaction fees increase. That's the big problem with bitcoin.
And it needs to be resolved.

[CoinFoxs]

i am in 2 minds i see bitcoin as a currency (price goes down) as an investment choice (price goes up) , frankly i dont think the price would stay the same

No, price wouldn't be the same or stable throughout the year, it goes up and down with the passage of time. But I predict that this year will ended up with the price of bitcoin between 1800-2000$ because more investors are enter to the bitcoin world.

[Finestream]

I don't believe in ETF.
It won't go through

And if it doesn't go through... Well it gonna hit the shit hard soon :/

I hope you are wrong, majority are expecting for another price increase and we are very optimistic of that success. I don't see any reason why it should be disapprove when it could benefit the majority. I think our interest will be served here and what makes the majority benefit will happen.
We do not know what will happen therefore we are just investing on the price now based on our belief and I hope this time the price increase will continue as it's hard when it will fall hard after breaking the all time high.

[lOvE mE forEvEr]

I think bitcoin, become more valuable and the most used digital currency, after it get's higher acceptance at shops, stores and most common things. We should count bitcoin as our usual payment system, like fiat money and use it everywhere we can, even at markets, shopping online, trading. Private businesses need to start accepting bitcoins as usual payment system. That will cardinally change the cost of bitcoins and will evolve it to a new stage   

Yeah right, if bitcoin popular surely all the store will easily accept bitcoin. I was intrigued by the idea of bitcoin ATM, I am sure the presence of ATM bitcoin will make bitcoin user increase drastically. And I sure future, many bank will accept bitcoin.

[icecube45]

i am in 2 minds i see bitcoin as a currency (price goes down) as an investment choice (price goes up) , frankly i dont think the price would stay the same

No, price wouldn't be the same or stable throughout the year, it goes up and down with the passage of time. But I predict that this year will ended up with the price of bitcoin between 1800-2000$ because more investors are enter to the bitcoin world.

Very impossible bitcoin prices stable throughout the year because bitcoin is always fluctuates every time. I agree with your prediction, end of the year will close with bitcoin price around $ 2,000, was caused by the increased adoption.

I predict the rise in bitcoin today makes a lot of people began wanting to use bitcoin. If the government and local governments continue to impose capital controls were heavy and practical financial regulations, many of the individual or business will look for other alternatives such as Bitcoin. Usage bitcoin for business will increase later.