Tell me your predictions about Bitcoin

[avw1982]

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?

Probably after 5 years, Bitcoin confirmation is instant,  ).  Merchant adoption and overcome bad press, Bitcoin will overcome this bad press because of government participation and merchant will likely confident enough to adopt bitcoin.  More mass adoption since there is more merchant and store to use Bitcoin.  

My prediction is that the bitcoin will first get a lot bigger this year also the halving that will come this year will let the price increase to a high amount, after this it will go to a lower amount but stable.
After the halving has been done it will be stable, I think after that it will be boring year till there will come another halving or a big company will step in and the bitcoin will got to a really high amount.

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[crairezx20]

I think the biggest obstacle is mainstream acceptance. I know it's never going to be an official currency, but if it is accepted as a form of payment, then that all it needs to do to make it's niche.

It will always be the problem since government doesn't want to support bitcoin and I doubt if a time come that they will decide to support this. As long as they don't see any self-benefit on bitcoin, they will keep on ignoring it.

No i think they can not ignore it because our president right now are are acting to restrict bitcoin in our country and also they add the rules aboit gambling online they dont want let people from my country to gamble that money involve..

[Jmild1]

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?

Probably after 5 years, Bitcoin confirmation is instant,  ).  Merchant adoption and overcome bad press, Bitcoin will overcome this bad press because of government participation and merchant will likely confident enough to adopt bitcoin.  More mass adoption since there is more merchant and store to use Bitcoin.  

My prediction is that the bitcoin will first get a lot bigger this year also the halving that will come this year will let the price increase to a high amount, after this it will go to a lower amount but stable.
After the halving has been done it will be stable, I think after that it will be boring year till there will come another halving or a big company will step in and the bitcoin will got to a really high amount.

There is a big chance that price do really increase than the current value we have. But if you are saying greater than we should expect like really big, that's not possible and for that to achieve we will be having more time and exposure.

[hermanhs09]

i will show you mine bitcoin/usd prediction here:
I expect bitcoin to be pretty stable for the rest of this month,i dont think we may see some big price movements.
However i think that we will have 1000$ crossed in december,but it will surely (price) get back to some lower level,like 900$ or maybe 850 USD.
I also expect 2000$ in something like 2020,but not earlier probably,it is really hard to double the value of anything,especially any asset.

[Doamader]

i will show you mine bitcoin/usd prediction here:
I expect bitcoin to be pretty stable for the rest of this month,i dont think we may see some big price movements.
However i think that we will have 1000$ crossed in december,but it will surely (price) get back to some lower level,like 900$ or maybe 850 USD.
I also expect 2000$ in something like 2020,but not earlier probably,it is really hard to double the value of anything,especially any asset.

I have a similiar vision as yours but im not expecting a huge jump on the price, atleast not before merchants and countries allow bitcoin. At end of the year i believe bitcoin will go to 800 dollars and should stand there, mooving a bit up and down near that value.

[groll]

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 greatest threat to bitcoin right now is the program of the NSA. And that is the creation of quantum computers that has the ability to trace encryption at the same time it has the capability to make millions of computations in one moment compared to a normal computer that solves computation one per single moment. Many are concerned that the release of these quantum computers are going to destroy bitcoins, but I hope it will not.

[Posum578]

My prediction for bitcoin it will be more use by many people cause they know why bitcoin better than others currency, and the value of it will increase strongly as many people use it
Also there will be merchant offline accept bitcoin as their payment method it will help people needs day

[groll]

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 in the next five years will still move on and will meet an increase that will possibly thriple the current price of bitcoin as of this moment. Though there is a potential skyrocketing of the market value there are many threats that may bring down bitcoins. Well lets leave out the negative one, there is one potential breakthrough from the maker of megaupload that we will be expecting next year, a merging of megaupload technology and bitcoins.

[Xester]

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 predict that bitcoin will be accepted worldwide. More users are going to popout and bitcoin will be accepted by small stores or coffee shops. Bitcoin price will also climb up 100x to the current price that we have today then it will stabilize like fiat currency. It will be a legal tender in the future and the governments will support it with regulations and policies to avoid nefarious activities.

[Zadicar]

5 years from now I think Bitcoin would spread throughout the world and would be used as a normal currency in our everyday living as of now the time progresses Bitcoin do also. This coin have a big potential of increasing its price for the next next years to come.

[Intristing]

5 years from now I think Bitcoin would spread throughout the world and would be used as a normal currency in our everyday living as of now the time progresses Bitcoin do also. This coin have a big potential of increasing its price for the next next years to come.

5 years from now, maybe there will be 2 million people in the world use the bitcoin regularly, it will increase slowly.

[OrangeII]

5 years from now I think Bitcoin would spread throughout the world and would be used as a normal currency in our everyday living as of now the time progresses Bitcoin do also. This coin have a big potential of increasing its price for the next next years to come.

5 years from now, maybe there will be 2 million people in the world use the bitcoin regularly, it will increase slowly.

bitcoin is always evolving. I predict two years from now the price of bitcoin is very stable and the price is above $ 1200, and in addition, there will be a technology developed to make it easier to use bitcoin d real world. maybe later we can use bitcoin in every supermarket. bitcoin in the future it would be better,

[yenxz]

Maybe we should participate briefed everyone about bitcoin , so that bitcoin is known by many people. even if they do not know about the technology . because basically bitcoin works similarly to commodities such as gold , when the currency or the economy struggling mendertita in a recession , the value of BTC will increase because it serves to be an alternative store of value. In 5 years , I think and I see the prospect of BTC could potentially be the equivalent of gold and it i very beneficial for us in term investing long.

[Betwrong]

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?

IMO miners are doing a great job. Bitcoin is able to take more authoritative place in the world of currency system by itself with time, but it should be mined in the first place. Also if we talk more to other people about Bitcoin and its advantages it might help too.

[betohell]

My prediction for bitcoin it will be more use by many people cause they know why bitcoin better than others currency, and the value of it will increase strongly as many people use it
Also there will be merchant offline accept bitcoin as their payment method it will help people needs day

Lol I think it is the future that must happen in bitcoin. and the sign has been started from today where bitcoin became known to the world. certainly his future will have many users bitcoin

[danherbias07]

Most of the people here predicted that halving will take a big leap for bitcoin but it did not happen. I also thought that one because rewards will be lesser so they need a higher payment. Now, what will be next? Who will take the lead to take it up once again. Surely I dont know but in my opinion it will be the whales again.

[ebookscreator]

Most of the people here predicted that halving will take a big leap for bitcoin but it did not happen. I also thought that one because rewards will be lesser so they need a higher payment. Now, what will be next? Who will take the lead to take it up once again. Surely I dont know but in my opinion it will be the whales again.

Its a common problem but i believe this following months we will see the the price will gradually increase.
Keep holding your coins is the best way to do right now if you are want to make more profit with your bitcoins..

[RoommateAgreement]

Most of the people here predicted that halving will take a big leap for bitcoin but it did not happen. I also thought that one because rewards will be lesser so they need a higher payment. Now, what will be next? Who will take the lead to take it up once again. Surely I dont know but in my opinion it will be the whales again.

those "most people" that you are talking about have only made a half speculation about bitcoin price and halving.
the fact of the matter is that halving will have a big effect on the price but it takes time to see the real effects. it is too soon to see any rise while there is still many coins leftover from the old high reward blocks.

[iv4n]

Prediction for next 5 years are good in my opinion, we can see more people joining and better adoption in online shops and store's. With that we can see price is going up, and probably we will see some countries recognising bitcoin as currency, and with that some laws about it.
Obstacles fot bitcoin, except some other alt coins, can be bank sector, or some corporation, maybe some rich person. But that is big question, what will happen and how. For now btc have a stable grow and I think that trend will continue in next five years.

[naidray]

Prediction for next 5 years are good in my opinion, we can see more people joining and better adoption in online shops and store's. With that we can see price is going up, and probably we will see some countries recognising bitcoin as currency, and with that some laws about it.
Obstacles fot bitcoin, except some other alt coins, can be bank sector, or some corporation, maybe some rich person. But that is big question, what will happen and how. For now btc have a stable grow and I think that trend will continue in next five years.

Some people feel the big obstacles for the growth of bitcoin would be bitcoin whales and Satoshi's 1 million bitcoins. Though there were very less impact that they have been showing with bitcoins prices, we can not completely ignore them. Satoshi never want his own development to go fallen, so I believe there is no need to worry about his hoarding for the growth of bitcoin.