faridkifly
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August 08, 2015, 01:30:54 AM |
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I think in next 5 years bitcoin will be useless Because the rate is unstable and the worst thing is the rate is going down.
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lahm-44
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August 08, 2015, 02:05:07 AM |
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well as per my experience with bitcoin I can say its a super cool and secured network I have ever seen and used..m still 17 and have no creadit or debit card but with bitcoin I can fullfil all my hopes and dreams and its really helpful..btw I some time thinks that what about the crashes and what arr the main reason of deman and supply.? what if anyhow we can control that..then can we can make this degital currency stable?I don't think so..but its just a thought running in my mind
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greBit
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August 08, 2015, 04:42:16 AM |
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well as per my experience with bitcoin I can say its a super cool and secured network I have ever seen and used..m still 17 and have no creadit or debit card but with bitcoin I can fullfil all my hopes and dreams and its really helpful..btw I some time thinks that what about the crashes and what arr the main reason of deman and supply.? what if anyhow we can control that..then can we can make this degital currency stable?I don't think so..but its just a thought running in my mind
Glad to know you're involved in bitcoins at a young age, you seem like a kid with passion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In terms of crashes, they happen for a numerous reasons. It could be due to pump and dump, and yes there is a significant control of btc in the market from these big whales. The reason why demand and supply is necessary is it shows people still want a bitcoin and give a bitcoin, so there is transaction taking place. Such transactions show bitcoin is being used actively, the more active bitcoin is and more transactions take place, the more increase is in value of bitcoin.
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Patatas
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August 08, 2015, 06:10:02 AM |
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My prediction is bitcoin will stay as the best and most used cryptocurrency, and for the price, I believe it will reach up to $1k per btc
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Miracal
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August 08, 2015, 04:08:46 PM |
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My prediction is bitcoin will stay as the best and most used cryptocurrency, and for the price, I believe it will reach up to $1k per btc
The prediction is not till the end of the year or something, man, its for the future of how bitcoin will be. Ofcourse it already is the best cryptocurrency, early monopoly is one of the major reasons why. Bitcoins is rather seen as a potential most widely adopted currency because it certainly meets all such requirements, as seen in the long term. And as per price, as Satoshi said,'Bitcoins will be worth a lot in the future, or nothing at all'
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ummina
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August 08, 2015, 04:28:28 PM |
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predictions are mostly based on the bursting of the Bitcoin bubble. Bitcoin prices soared 8,500% in 2013 only to fall 85% by this past January. But the critics have misread what the charts are saying. All they see is a long downtrend. It buttresses their belief that Bitcoin has no value and that its demise is inevitable. But these critics miss several key points. The truth is, now that it's post-bubble, Bitcoin is finally finding its true value... Read more: http://moneymorning.com/2015/03/11/bitcoin-price-prediction-why-its-only-now-finding-the-true-value/#ixzz3iF2byE8zbut i think the prediction willl many people can use bitcoin... and more much.
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mamafii
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August 08, 2015, 04:50:56 PM |
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the prediction will have high position cause everyone much join at here... if we apretiate here and make this forum no die.. still make a post quality... and invite people to join here too.
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Mickeyb
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August 08, 2015, 05:35:32 PM |
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Well my prediction is that Bitcoin is definitely the technology of the future and it will be heavily used in the future. Price is stable at the moment and I think the price will just be going up.
There are many obstacles though: We are not enough together, look at the block size debate, this shouldn't take this long. Bitcoin innovation and implementation is way to conservative, again look at block size debate. 80% of mining is located in China and this worries me. Also 80% of Bitcoin trade is in Yuan, this worries me as well.
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foxbitcoin
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August 08, 2015, 06:13:01 PM |
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the total money supply is fast approaching $ 10 trillion (Might reach $100 trillion in a few decades). So if BTC is recognized as a major currency in the near future, its market cap can touch as much as $1 trillion.
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HarHarHar9965
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August 09, 2015, 12:54:41 AM |
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Well my prediction is that Bitcoin is definitely the technology of the future and it will be heavily used in the future. Price is stable at the moment and I think the price will just be going up.
There are many obstacles though: We are not enough together, look at the block size debate, this shouldn't take this long. Bitcoin innovation and implementation is way to conservative, again look at block size debate. 80% of mining is located in China and this worries me. Also 80% of Bitcoin trade is in Yuan, this worries me as well.
China has a very large responsibility to be attached with in the bitcoin community because most of the users there are very active there and hold big btc accounts. Those people who are anonymous, do have control of the bitcoin market and I find them comfortable and not so scary for compromising the market with their pumps and their dumps, and I don't know if I should talk about this or nah but China is weird. Its weird as fuck.
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kostya.ash
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August 09, 2015, 01:08:54 AM |
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I think in next 5 years bitcoin will be useless Because the rate is unstable and the worst thing is the rate is going down.
I dont think so, the future will be using a payment system that is practical, it looks like bitcoin will be used
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BitcoinRichman
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August 09, 2015, 07:54:49 AM |
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I think in next 5 years bitcoin will be useless Because the rate is unstable and the worst thing is the rate is going down.
rate up and down is normal are you see euro pair USD dollar ? some year ago 1UERO = 1.5$ and now ?? 1EURO = 1.1 $
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Falconer
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August 09, 2015, 06:18:09 PM |
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Since I heard news about Australian government ready to treat bitcoin as its regular currency, so I guess there are more countries that would do like Australia in 5 next years. Its depend on how Australia's economy will be after that policy. If there is no problem with it, I'm very sure that other countries will begin to get on the same track with Australia.
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thejaytiesto
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August 10, 2015, 03:54:05 PM |
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Everyone will be using Bitcoin in 10 years even if they don't know they are using Bitcoin. The infrastructures will move to the blockchain and some will use sidechains which ultimately are using the Bitcoin blockchain as well. GUIs on programs may not even mention Bitcoin usage but under the shelf it will be Bitcoin transactions.
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alva5763
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August 10, 2015, 07:38:45 PM |
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It will depend on people trusting bitcoin to hold its value.
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ANdr0id
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August 10, 2015, 07:41:03 PM |
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It will depend on people trusting bitcoin to hold its value.
I don't think this is a problem as of now. It was in the past. There is a lot of people who trust it and a lot of businesses are starting to adopt it in it's model of sales.
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CoinCidental
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August 11, 2015, 01:21:55 AM |
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it will gain momentum much inferior things have been adopted before
the advantages are too great ,dark web use alone would be worth over 1k per btc but mainsream adoption ,would literally go beyond the moon
1k 5k or even 10k would be drops in the bucket if it made it ,even if it doesnt ,there is plenty of shady deals and wealth hiders to take it well past 1k usd by darknet alone
anyone who knows now and refuses ......good luck,they had their chance to get in at the bottom so plz dont complain when a whole btc is too expensive to buy...
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BitProdigy
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August 11, 2015, 05:59:20 AM |
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analyzing all of the peaks of the biggest rallies in bitcoin history they average about 6x larger than the last each time. Continuing this trend we should see another rally that peaks around $7500 bitcoin and then settles around the $1200 range for another extended period of time. The timeline I have no prediction on besides "soon" as in within a year. I find the $1200 range to be a nice place to settle because it would be 1 BTC = 1 ounce of gold. And gold parity is just aesthetically pleasing for bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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MinerHQ
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August 14, 2015, 09:02:36 AM |
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I think bitcoin will never reach to 1000 USD again. This is my prediction.
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