Tell me your predictions about Bitcoin

[deisik]

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?

If the delayed confirmation issues are solved I don't think Bitcoin will face any major issues in the next 5 years except maybe the application of the solution to solve the delayed confirmations bring about vulnerabilities in the network and makes it hackable.

There are still major issues because either of the implementation suggested have possible problem.  So after implementing the solution, Bitcoin will then adjust to its new issues.  It is issue after issue, if you read the story of both sides about the possible problem bitcoin will face when the proposals is approved, each proposal is not 100% issue free

I still wouldn't equal technical issues (aka bugs) with conceptual drawbacks and failures

Technical issues are a given, but they are fixed as soon as they are found, and they don't require consensus or similar things. On the other hand, wrong concepts could potentially lead to more long-term detrimental effects. That is not to say that bugs alone can't cause massive losses but unlike not very thoroughly thought out ideas, they are completely unpredictable. In case of Bitcoin, the current situation with surging fees, large number of unconfirmed transactions, miners' obstinacy to accept updates shows that there is something wrong conceptually inside Bitcoin. There may be no more technical issues in the Bitcoin codebase itself, i.e. it works as it should, but that doesn't mean that it works in the right direction, so to speak

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[mornabo]

I'm sure the future will be good, this time a lot of positive news about the bitcoin so make people hunt bitcoin. I am sure, the world financial system would be like bitcoin.

I would be very confident about the future if the government began legalizing bitcoin certainly the future will be very apparent when bitcoin status is assured but for now it looks like I'm still in doubt

[fullypak]

I'm sure the future will be good, this time a lot of positive news about the bitcoin so make people hunt bitcoin. I am sure, the world financial system would be like bitcoin.

I would be very confident about the future if the government began legalizing bitcoin certainly the future will be very apparent when bitcoin status is assured but for now it looks like I'm still in doubt

If you want to see the Bitcoin will become a legal currency in all over the world, it's not easy and also it's not possible for a short time, it may take several years to get approval from all country governament. So I don't have any hope that all govt will accept Bitcoin, But the Bitcoin will not disappear it will grow day by day in future all online shops may accept Bitcoin let's see what happen. 

[chachaa]

I think that in the next few days bitcoin will not survive the best days. The price has already decreased and I think that it will continue to decline. It all depends on what decision will be made on March 11

[darthmaul]

When it comes to predictions of Bitcoin the ambiguity continues to scratch my head. Two years back I thought bitcoin would not be accepted so easily but at present situation is way lot different than what I thought. It is widely accepted everywhere, and almost millions of services, companies, goods can bought with bitcoins. My thinking suggests me "when many things can be bought with something then that something gains more importance" Here, our beloved BTC is now so important and what can be said about fans, they are plenty enough to hold it at the top of everything.

With so many trades going around the world I don't see any challenge bitcoin might face in the future. It is outrages to predict Bitcoin going into dark side of the moon! It will keep growing like it has already done and will get more attention of smart work. The problems related to it's digital form will be vanished with growing popularity as more and more people will get into it to solve complicated chain problems.

My final conclusion is, bitcoin will keep enjoying it's royalty long through decades and decades with priceless demand. I would love to imagine that.

 

[kwuccduck]

When it comes to predictions of Bitcoin the ambiguity continues to scratch my head. Two years back I thought bitcoin would not be accepted so easily but at present situation is way lot different than what I thought. It is widely accepted everywhere, and almost millions of services, companies, goods can bought with bitcoins. My thinking suggests me "when many things can be bought with something then that something gains more importance" Here, our beloved BTC is now so important and what can be said about fans, they are plenty enough to hold it at the top of everything.

With so many trades going around the world I don't see any challenge bitcoin might face in the future. It is outrages to predict Bitcoin going into dark side of the moon! It will keep growing like it has already done and will get more attention of smart work. The problems related to it's digital form will be vanished with growing popularity as more and more people will get into it to solve complicated chain problems.

My final conclusion is, bitcoin will keep enjoying it's royalty long through decades and decades with priceless demand. I would love to imagine that.

 

All the information you get from the network needs to be checked and divided into two, figuratively speaking. Because all the stories are very different and everyone who spreads them pursues its goal. The fact that the fans bitcoin pushes a lot around bitcoin is also true. Therefore it is very difficult to navigate. I have already gotten used to the idea at the break, where it is even at the risk of losing coins.

[Coinonat]

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?

    My prediction for Bitcoin is that before the end of this year it price will sure reach a minimum of $2000 per BTC. This is because we are currently in the first quarter of the year in which there are no much economics activities but the prices keeps appreciating as compared to other 3 quarters of the year in which the number of transaction is very high when you will expect high volume of purchases that will force the price of Bitcoin to go very high.

[Lecam]

My prediction about bitcoin in the next 5 years bitcoin become knowing more and more and many people want to invest on it.  Because bitcoin gives more profit and bitcoin become higher and higher the price.

[bravehearth0319]

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?

The only problem that I can see if ever bitcoin face a big problems is if the all bitcoin enthusiast, fanatic, lover, users, bitcoin merchants, and all traders in bitcoin trading industry will be gone away or disappear that's a serious problem I think.

[Ziskinberg]

My prediction about bitcoin in the next 5 years bitcoin become knowing more and more and many people want to invest on it.  Because bitcoin gives more profit and bitcoin become higher and higher the price.

That's the prediction of the many, we all want success for bitcoin as we will also be benefited with this success due to our investment. As long as we keep supporting bitcoin and people will continue to adopt, I'm pretty sure as it exist overtime it will continue to be progressive. I have a plan with my future profit actually and by the time I will achieve that, I'll sell my bitcoins then and used the funds to build a business in real world.

[Xanotick]

My prediction about bitcoin in the next 5 years bitcoin become knowing more and more and many people want to invest on it.  Because bitcoin gives more profit and bitcoin become higher and higher the price.

I think so. The bitcoin will be developed further and it will be used by more people, so the price will be higher.

[pinkpanther03]

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 really do believed that this year Bitcoin will reach 3000$ up to 4000$ this year, I don't care what others would say about me. The important is I am holding what I am believing for into bitcoin. Perhaps, the least we can do about in bitcoin let us continue to share the good features it has and the usage of this too.

[JANGKRIK BOSS]

I expect bitcoin will have a great future, the existence of a new screenplay made coins bitcoin increasingly popular because they automatically introduce bitcoin first.

[gabmen]

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 really do believed that this year Bitcoin will reach 3000$ up to 4000$ this year, I don't care what others would say about me. The important is I am holding what I am believing for into bitcoin. Perhaps, the least we can do about in bitcoin let us continue to share the good features it has and the usage of this too.

Well i think its still a decent target for bitcoin to hit 3-4k this year compared to the presiction that it may hit more than 5k which i find really unrealistic. And you're right, sharing features and introducing btc to more and more people is our part to achieve this target

[BrewMaster]

When it comes to predictions of Bitcoin the ambiguity continues to scratch my head. Two years back I thought bitcoin would not be accepted so easily but at present situation is way lot different than what I thought. It is widely accepted everywhere, and almost millions of services, companies, goods can bought with bitcoins. My thinking suggests me "when many things can be bought with something then that something gains more importance" Here, our beloved BTC is now so important and what can be said about fans, they are plenty enough to hold it at the top of everything.

With so many trades going around the world I don't see any challenge bitcoin might face in the future. It is outrages to predict Bitcoin going into dark side of the moon! It will keep growing like it has already done and will get more attention of smart work. The problems related to it's digital form will be vanished with growing popularity as more and more people will get into it to solve complicated chain problems.

My final conclusion is, bitcoin will keep enjoying it's royalty long through decades and decades with priceless demand. I would love to imagine that.

 

well the adoption is not really millions of services, it is less than what you think but the good news is that it has been increasing day by day. more people find out about bitcoin and start using it and consequently more services and more merchants start accepting bitcoin as payment and that is one of the main reasons for the consistent rise.

and the price will always be based on supply and demand, this demand can only be from those who want to buy and hold bitcoin for 10 years.

[deisik]

When it comes to predictions of Bitcoin the ambiguity continues to scratch my head. Two years back I thought bitcoin would not be accepted so easily but at present situation is way lot different than what I thought. It is widely accepted everywhere, and almost millions of services, companies, goods can bought with bitcoins. My thinking suggests me "when many things can be bought with something then that something gains more importance" Here, our beloved BTC is now so important and what can be said about fans, they are plenty enough to hold it at the top of everything.

With so many trades going around the world I don't see any challenge bitcoin might face in the future. It is outrages to predict Bitcoin going into dark side of the moon! It will keep growing like it has already done and will get more attention of smart work. The problems related to it's digital form will be vanished with growing popularity as more and more people will get into it to solve complicated chain problems.

My final conclusion is, bitcoin will keep enjoying it's royalty long through decades and decades with priceless demand. I would love to imagine that.

 

well the adoption is not really millions of services, it is less than what you think but the good news is that it has been increasing day by day. more people find out about bitcoin and start using it and consequently more services and more merchants start accepting bitcoin as payment and that is one of the main reasons for the consistent rise.

and the price will always be based on supply and demand, this demand can only be from those who want to buy and hold bitcoin for 10 years.

Folks have been telling essentially the same some 3 years ago

And it is not given that Bitcoin adoption has actually increased since then. Back in those days people were packed and overflown with enthusiasm about the bright prospects of Bitcoin. But during these years this enthusiasm must have vanished or evaporated (at least, to a significant degree). In fact, Bitcoin still remains a marginal wannabe currency, largely ignored by the overwhelming majority of merchants. Regarding most demand coming from long-term holders, I cannot agree with that either. I suspect that a good part of current price is there thanks to speculators and profiteers of all kinds and colors which provide liquidity to the Bitcoin market and thus support prices

[Taki]

2017 year began with a lot of noise around bitcoin.
The 1st of January the price ranged from 960$. The 4th of January, it has already reached 1180$ (+23% in 4 days), and then, just in a day, go back to the original 960$. And, of course, when bitcoin was growing up, a huge group of people were ready to call 2017 "the year of bitcoin". Well, let's not rush. I think the year of bitcoin will come after the mass adoption and necessary laws from the government. I don't say that such laws are necessary, but without that they just will not let us to use bitcoin. I think such things will happen in around five years and bitcoin will be totally admited.

[DimidoffVany]

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 really do believed that this year Bitcoin will reach 3000$ up to 4000$ this year, I don't care what others would say about me. The important is I am holding what I am believing for into bitcoin. Perhaps, the least we can do about in bitcoin let us continue to share the good features it has and the usage of this too.

Well i think its still a decent target for bitcoin to hit 3-4k this year compared to the presiction that it may hit more than 5k which i find really unrealistic. And you're right, sharing features and introducing btc to more and more people is our part to achieve this target

I do not think that bitcoin will be able to achieve such high rates. In the worst case, by the end of the year you can expect 2000 dollars. And this is if the circumstances develop in the best way.

[Bitcoin0916]

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 really do believed that this year Bitcoin will reach 3000$ up to 4000$ this year, I don't care what others would say about me. The important is I am holding what I am believing for into bitcoin. Perhaps, the least we can do about in bitcoin let us continue to share the good features it has and the usage of this too.

Yes true, and I sure bitcoin will never drop under $1.000. Users of the bitcoin continues to increase so as to make the price continues to rise. Although it dropped, but it not for long time will rise again.

[carriebee]

I believe bitcoin price would meet the users expectation this year. Definitely bitcoin is still in demand day by day as we can notice the fluctuating of price is increasing. This means bitcoin is being popular and in demand nowadays. If there is a dump price for sure it will rise again.