Tell me your predictions about Bitcoin

[Mickeyb]

Nobody really knows. Bitcoin has the biggest chances of succeeding but nothing is yet set in stone. I am sure that crypto and blockchain are here to stay, but which one will be a leader in 5-8 years is a very good question.

I repeat, Bitcoin has the biggest chances but it needs to keep improving. Also, I think that the winner will not be only 1. There will be several cryptos and each one will have its own specialty and a use case.

[Ceizer54]

I think as per current trend bitcoin will keep on becoming more popular but nothing lasts forever...we can not predict the future but i think from 5 years from now it's value will be much more then what it is now

[randy8777]

I am hoping that the price will hit 1000$ again on july 2016 as the amount of reward per block mined will be halved. I have heard this in some thread on forum. Is it true or not?

the block halving will indeed happen in juli 2016. but i'm not so sure if your hopes about bitcoin reaching $1000 become reality.

[confirmation120]

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 about bitcoin in the next 5 years is the price will go up and pump out up to $1000 , but I still hope it will be sooner or later

I am hoping that the price will hit 1000$ again on july 2016 as the amount of reward per block mined will be halved. I have heard this in some thread on forum. Is it true or not?

the block halving will indeed happen in juli 2016. but i'm not so sure if your hopes about bitcoin reaching $1000 become reality.

Who knows? Anything is possible dude!

[bitgolden]

Note it down: One Bitcoin = $100M. 1 Satoshi = $1. 1Bitcoin is divisible into 10 decimals by the year 2030 when 98% of total bitcoins would be mined up.

[n2004al]

According to me the problems of bitcoin in the next 5 years will be mostly legal. Will be known or not by the Central Banks of the countries of the world? Will be accepted by those or not? Will be regulated or not? Then the second problem will be the coherence of the core developers in its development. If they will agree with each other about everything bitcoin will have continue progress. If not the trouble can damage it very much. And at the end the spread of it. It is true that bitcoin it is be known to much and more every day. But yet is very few. Must be known much more fast and most be wanted much more. faster will be known more will be developed, more will be stabilized and more will be used. In this way (and this for myself) the price will go more higher and I will have some more money for the college of my daughters.

[wearepoor]

I think Bitcoin has a really great future ahead, one day more and more people will be using bitcoins for day to day transactions and will be one of the popular mode of payment. People loves the concept of ' Be your Own Bank' and more people are attracting towards bitcoins as it is easy to use, no transaction fees and instant transfer.

[CoinCidental]

The price raise is inevitable with time and halvings etc
I am sure of that much..

Raise to $50,000 per piece I am not sure in our lifetimes, it could happen easily if some  event  increased demand rapidly but I would predict a more gentle curve upwards with adoption growing and supply dwindling....

$5000  I can see.... In the not too far away future 

More Scarcity  + equal  consumption would bring us there eventually as is without anything happening  ....
  but the unpredictable things like   darkwebs services  and markets and gambling are growing as more and more people figure out how to use them so the growth could hyper inflate much faster than people anticipate...

50k a btc would need legitimate companies using or accepting  it for business transactions to reduce costs etc I think but 5k will be attainable whether they like it or not due to factors outside their control

The people have the power to make or break anything and the general public  will not stop smoking weed/gambling or whatever else they  want  just because their local law says they're not allowed that...

An uncontrollable multinational payment system that involves no trusted party will never fail completely  so  forget anyone who says it's going to $0 as they are probably buying up  coins while scaring you into parting with yours cheaply... There is a ridiculous amount of these kind of people now, they say btc is doomed worthless and yet they spend all their time on a btc forum (wouldn't that make their lives worthless too? ) .... Not too difficult to see their true  agenda once you've been here for awhile... you will be able to spot them from a distance ....

Be wary of them here and elsewhere scaremongering  .... They will do anything to get your btc because the race has started and human greed has no limits... But btc IS limited, scarce and valuable... Wink

[p0k3r]

Just an estimation; In the next 21 months, I can see Bitcoin going up to around $390-$415 USD/$505-$545 CAD. Complete guesstimation. 

[qiwoman2]

I think Bitcoin is here to stay for the next century. I don't know if it will be around 200 years form now but for another 100 years I see it playing a significant role in our lives for a few generations and will probably be the one thing that digitizes money and gets rid of the paper stuff over the coming years. but that's just an estimation of what I think COULD happen.

[StevenLiang]

My predictions is that during this process of waiting for the bitcoin split which is sooner then we think.

After that hurdle it would be great, depending on the outcome of people who dont mind for the split.

And then the true growth will start since it can handle more transaction times.

IMO.

[MrsHash]

I think sooner or later government find a way to control Bitcoin and It become more stable and predictable. I also believe that Bitcoin will gain more popularity during 2-3 years and we start using it everywhere for every need like fiat money. I think Bitcoin would be able to replace fiat in 10-15 years, in case it would have a strong regulation.

[cjmoles]

Well....I'm gonna have to agree with Satoshi's prediction:  The volume is going to be very, very high....or very, very low.  I don't think it will be modest at all...it'll be a maxim or a minimum and time can only tell which it will be.

[coinplus]

I think sooner or later government find a way to control Bitcoin and It become more stable and predictable. I also believe that Bitcoin will gain more popularity during 2-3 years and we start using it everywhere for every need like fiat money. I think Bitcoin would be able to replace fiat in 10-15 years, in case it would have a strong regulation.

 I love your predictions. But I guess there is no intervention of any government for the future of bitcoin. Bitcoin's instinct value itself will make it as a universal money in very near future. When bitcoin price goes high, people will start using it more. When more people using it, price will go higher. So, we need not worry on any governments.

[StevenLiang]

There is a lot of predictions, Bitcoin will go to the moon.

It may take sometime but it will eventually success, Price is stable for the moment and will rise with years because of halving.

At least, stay to hold your BTC now.

[neonshium]

There is a lot of predictions, Bitcoin will go to the moon.

It may take sometime but it will eventually success, Price is stable for the moment and will rise with years because of halving.

At least, stay to hold your BTC now.

Halving is the trick put down by Satoshi to stir up the attraction of bitcoin among world wide people. Definitely many news channel will cover bitcoin halving just one week before itself. So, natural publicity will attract more people into bitcoin to take it into moon.

[Supercrypt]

There is a lot of predictions, Bitcoin will go to the moon.

It may take sometime but it will eventually success, Price is stable for the moment and will rise with years because of halving.

At least, stay to hold your BTC now.

Halving is the trick put down by Satoshi to stir up the attraction of bitcoin among world wide people. Definitely many news channel will cover bitcoin halving just one week before itself. So, natural publicity will attract more people into bitcoin to take it into moon.

Yes halving and fixed total cap are the very new things for a commodity or for a currency. Bitcoin will perform in both of these sectors in my predictions. People will love it as investment as well as digital money. So price of bitcoin will go in rocket speed may be to the moon too.

[Pab]

Lets talk about bitcoin like a start up not like a speculation vehicle.Way like btc is disrupting payments industry is incredible,all that what was builded and will be builded is one time again incredible,it is fastest growing start up in the world.I can only say Bill Gates didnt see potenciality in internet at internet begin,nowsome peopledont want to see.So bitcoin  and digital currencys will growth,but we need to see btc like technology start up not speculation vehicle

[cjmoles]

The price raise is inevitable with time and halvings etc
I am sure of that much..

Raise to $50,000 per piece I am not sure in our lifetimes, it could happen easily if some  event  increased demand rapidly but I would predict a more gentle curve upwards with adoption growing and supply dwindling....

$5000  I can see.... In the not too far away future 

More Scarcity  + equal  consumption would bring us there eventually as is without anything happening  ....
  but the unpredictable things like   darkwebs services  and markets and gambling are growing as more and more people figure out how to use them so the growth could hyper inflate much faster than people anticipate...

50k a btc would need legitimate companies using or accepting  it for business transactions to reduce costs etc I think but 5k will be attainable whether they like it or not due to factors outside their control

The people have the power to make or break anything and the general public  will not stop smoking weed/gambling or whatever else they  want  just because their local law says they're not allowed that...

An uncontrollable multinational payment system that involves no trusted party will never fail completely  so  forget anyone who says it's going to $0 as they are probably buying up  coins while scaring you into parting with yours cheaply... There is a ridiculous amount of these kind of people now, they say btc is doomed worthless and yet they spend all their time on a btc forum (wouldn't that make their lives worthless too? ) .... Not too difficult to see their true  agenda once you've been here for awhile... you will be able to spot them from a distance ....

Be wary of them here and elsewhere scaremongering  .... They will do anything to get your btc because the race has started and human greed has no limits... But btc IS limited, scarce and valuable... Wink

Hey, hey!  There are also those who hype the project so that they can gain short term profits or dump their bag.  You are absolutely right, however, one should be leery of what opinions they're relying upon when making their investments.

[Nautiluss]

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 bitcoin will be very successful in the future and it will be used all around the world soon.
That is what I can say about the coin's future.