Maslate
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August 22, 2017, 02:28:21 AM Last edit: August 22, 2017, 02:39:44 AM by Maslate |
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The crypto currency will "continue and gain value." It's a long-term belief. Demand is increasing steadily. In addition, Bitcoins are destroyed – if you lose your private key, you can no longer use them. The number of Bitcoins on the market, limited to 21 million, can therefore only decrease
yes i also think so that there is still too much potential in most of the crypto currencies, because still people are loving bitcoin and want to invest money in bitcoin for gaining profit and are also using it for shopping and so many other purposes. There are a lot of industries that can benefit with using bitcoin, the gambling world is a big industry and bitcoin is already widely use as a gambling tool to play. We can expect more growth in the future to come as what we have witness is the price appreciate overtime.
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Sadlife
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August 22, 2017, 02:36:46 AM |
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Well one of the biggest problem of bitcoin which is the scaling issue that is currently being resolved so bitcoin can now once again be use for micro transactions so you can easily buy goods or services. The only thing that stands in it's way is this hard fork coins that is trying to compete with the real bitcoin but it's always up to the users and community whether to chose bitcoin or BCC/BCH. For me, i put my trust into bitcoin cause it has surpas countless challenges for many years unlike BCC/BCH.
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Questat
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August 22, 2017, 04:57:24 AM |
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Well one of the biggest problem of bitcoin which is the scaling issue that is currently being resolved so bitcoin can now once again be use for micro transactions so you can easily buy goods or services. The only thing that stands in it's way is this hard fork coins that is trying to compete with the real bitcoin but it's always up to the users and community whether to chose bitcoin or BCC/BCH. For me, i put my trust into bitcoin cause it has surpas countless challenges for many years unlike BCC/BCH.
Very well said man, it will not reach at its level now if people does not trust bitcoin, it may go down as we normally see but we can always expect to rise again and even rise more than the amount it was when it dump. Most of us are has a good prediction for the future of bitcoin, we are very optimistic it will make a good so that way also we can make money from investing.
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Alpinat
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August 22, 2017, 05:14:49 AM |
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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?
well there are many problems that blockchain can occur in the transaction of bitcoin within 5 years, there are the possibilities that the blockchain can't handle anymore all of the transaction of bitcoin and just breakdown due to overload. there are also possibility that bitcoin will decrease its own price because all of the stock holder will sell their bitcoins.
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stadus
Legendary
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Activity: 3094
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Hhampuz for Campaign management
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August 22, 2017, 06:09:47 AM |
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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?
well there are many problems that blockchain can occur in the transaction of bitcoin within 5 years, there are the possibilities that the blockchain can't handle anymore all of the transaction of bitcoin and just breakdown due to overload. there are also possibility that bitcoin will decrease its own price because all of the stock holder will sell their bitcoins. There's a lot of problem already bitcoin has encountered and it has surpass all of them that's why we are seeing this progress today. With the big number of supporters, I don't think they will not gonna do ways to improve the system and continue to serve the adopters who like to transact using bitcoin.
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dobladi
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August 22, 2017, 09:06:50 AM |
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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?
In my opinion, the major problem that Bitcoin might face is if it will be used into illegal activities related to drugs and other anomalies. Since Bitcoin is decentralized and it has anonymity for its users, it is not impossible for this problem to happen. And there'll be more cases like this, it will negatively affect the reputation of Bitcoin and might as well make others to doubt about Bitcoin legalization. And will also lose the opportunity of having more people and higher demand.
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Proton2233
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August 22, 2017, 09:16:57 AM |
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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?
In my opinion, the major problem that Bitcoin might face is if it will be used into illegal activities related to drugs and other anomalies. Since Bitcoin is decentralized and it has anonymity for its users, it is not impossible for this problem to happen. And there'll be more cases like this, it will negatively affect the reputation of Bitcoin and might as well make others to doubt about Bitcoin legalization. And will also lose the opportunity of having more people and higher demand. In fact, the legalization of bitcoin can only push people away from using it. The fact that criminals use bitcoin is nothing says. Cash is also used by criminals and what? To prohibit cash payments? You are oversimplifying the situation. An easy solution to this problem, but legalization certainly not an option.
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Humvee998
Newbie
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Activity: 7
Merit: 0
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August 22, 2017, 11:34:49 AM Last edit: August 22, 2017, 11:50:48 AM by Humvee998 |
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when everything else goes constant, my conservative price prediction is this... https://www.dropbox.com/s/1jw1hoa5j8y5qzi/price%20prediction.jpg?dl=0this is just by ratio and proportioning no technicalities involved..... by 2023 to 2031 price may go up to 17k USD per BTC, but if that didn't happen, bullish growth may actually happen from 2032 to 2038 to hit just about 25,000k USD per BTC. Again this is just a guesstimate when everything else remains constant. I am still trying to figure out ambitious estimate like 100k to 500k per BTC....
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GeniusAko
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August 22, 2017, 11:51:06 AM |
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The crypto currency will "continue and gain value." It's a long-term belief. Demand is increasing steadily. In addition, Bitcoins are destroyed – if you lose your private key, you can no longer use them. The number of Bitcoins on the market, limited to 21 million, can therefore only decrease
yes i also think so that there is still too much potential in most of the crypto currencies, because still people are loving bitcoin and want to invest money in bitcoin for gaining profit and are also using it for shopping and so many other purposes. I predict that the bitcoin will be legalize in many countries in this following years. I also predict that many people will go and enter to the world of cryptocurrency because of many good investments.
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Rebisco
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August 22, 2017, 11:57:03 AM |
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Well one of the biggest problem of bitcoin which is the scaling issue that is currently being resolved so bitcoin can now once again be use for micro transactions so you can easily buy goods or services. The only thing that stands in it's way is this hard fork coins that is trying to compete with the real bitcoin but it's always up to the users and community whether to chose bitcoin or BCC/BCH. For me, i put my trust into bitcoin cause it has surpas countless challenges for many years unlike BCC/BCH.
Very well said man, it will not reach at its level now if people does not trust bitcoin, it may go down as we normally see but we can always expect to rise again and even rise more than the amount it was when it dump. Most of us are has a good prediction for the future of bitcoin, we are very optimistic it will make a good so that way also we can make money from investing. I think that next year, there will many investors will invest their money to the bitcoin because of its good progress. I know that the bitcoin will become more stronger and powerful than before.
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joganuts
Full Member
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Activity: 355
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
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August 22, 2017, 12:26:16 PM |
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A stable price is good for bitcoin but in my predictions only a higher prices would attract more investors. Stale prices would make merchants hold their bitcoins as well as miners. Stable prices are opening point of higher prices. My prediction is higher prices than we can see stable prices.
Stable prices would promote adoption though. From a merchant's perspective you don't want to accept Bitcoin and then discover you've actually made a loss if you didn't trade it back to fiat fast enough. Stable prices would convince merchants that as a measure of value Bitcoin is stable - and therefore they would be happy to hold them/spend them (as is Bitcoin is designed for - for use as a currency - rather than a commodity). If bitcoin will have a stable price in the near future the adaptation of development of the price of the bitcoin in tems of transaction will also depends on the support of the people will going to used it as a form of transaction and all people will look up bitcoin as a form of commodity and hold till the time that there is no even one transaction made on the market using it the price of bitcoin will fail to develop more and to attain growth and progress because of lack of support for people in terms of transaction and movement.
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Hazaki
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August 22, 2017, 12:30:57 PM |
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I expect it to hit 10k by 2018's end. It's the most upgoing market and it's getting known worldwidly . I expect it to be ysed in lots of commodities soon if it stabilises.
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Nissan-GTR
Full Member
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The Exchange for EOS Community
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August 22, 2017, 01:16:47 PM |
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I don't think that Bitcoin is going to die anytime soon personally because it's already spreading and spreading and we see a lot of companies (big ones) like Namecheap , Microsoft etc ... starting to accepting it as Payement method which is pretty good . for what comes to the price I'd say it will be around 600$ on the Next halving block reward which should me on the end of 2016 .
True , and since bitcoin could render people to become more productive and less vulnerable outside especially in different fields where they work. I think bitcoin will survive for the next century and still become responsive and helpful in every forum users to get extra income. I see bitcoin merging with other crypto-currency cause since not all of the people will accept bitcoin for transactions, you going to buy ice cream are you going to use it? Papaer money should stay cause not noy every people are willing to be open about bitcoin potentials.
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onrise
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August 22, 2017, 01:28:35 PM |
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The crypto currency will "continue and gain value." It's a long-term belief. Demand is increasing steadily. In addition, Bitcoins are destroyed – if you lose your private key, you can no longer use them. The number of Bitcoins on the market, limited to 21 million, can therefore only decrease
yes i also think so that there is still too much potential in most of the crypto currencies, because still people are loving bitcoin and want to invest money in bitcoin for gaining profit and are also using it for shopping and so many other purposes. I predict that the bitcoin will be legalize in many countries in this following years. I also predict that many people will go and enter to the world of cryptocurrency because of many good investments. Yes there are already couple of countries in the list including mine to legalize the currency. If this happens then there will be huge surge in demand and price. As all developing countries are looking for this technology how it can help in different products and services. So its the best time for us to invest in good currency including BTC so that in future one can get good profits and who knows we can become millionaire in short time itself.
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Aleister Crowley
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August 22, 2017, 09:30:41 PM |
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In my own opinion bitcoin will still be on top and leading among cryptocurrency. It will continuosly growing daily and its price will hit soon to $4000. Many people are using bitcoin and will still be adopts more users.
I think that way, bitcoin will start skyrocketing toward the top of $ 4000 and this is sure to happen, and without any hesitation in the least. And other coins are not possible to compete with bitcoin This will happen soon. Not far away from now on. The deal is the bitcoin update and consensus agreements. But apart from that all we must remain cautious ,, because we could have a loss that we would never expect .. Anyone who will take the decision to buy / invest in bitcoin certainly they should think that will save the funds in a long time (long-term investment) What can I say or predict about Bitcoin, when I myself want to know more about the forecasts from all the participants and users of the forum. I have already been on the stock exchange for trading several times and This was my first jump. I really liked it, but the fact is that I'm worried about whether there will be continuation in the same spirit. I only hope for a better future. I think you will be very lucky with doing bitcoin trade. Here you will have big profits and small risk in experiencing losses, will feel very different from the stock market you play,. because bitcoin has a good prospect in the long term Trading bitcoin is much riskier than the stock market because it is very vulnerable even in small news and it can really go up and down on its price anytime and that is the risk that is involved in bitcoin trading so it is not considered a small risk in experiencing losses because you might experience more often loss here rather than in stock market. If you are talking about long term which is a good prospect then you are not clearly pointing about trading because it is investing. Here we have a very different input ,, but despite that I still appreciate your input ,, and this too I consider as keritikan for I can better understand the stock market and the real definition of the trade .. terimakaih ,, your input well me received
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KnightElite
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August 23, 2017, 02:10:09 AM |
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My prediction is that bitcoin will rise above 20,000$ in the futures. But we have a long way to go Just stay strong It could happen next year, remember that every year we surpass the success in the past years and that makes bitcoin the hottest investment now. I could even make a prediction that it will be worth $100,000 per bitcoin and I have a feeling it will happen 5 years from now, it would surely gonna make happy especially those people who are still holding firm until now. Yeah I think bitcoin will become $100,000 per each next 5 years. I know it is not impossible because the bitcoin today is very powerful. I believe that bitcoin will become a great coin in the future.
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Sanitough
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August 23, 2017, 06:10:09 AM |
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My prediction is that bitcoin will rise above 20,000$ in the futures. But we have a long way to go Just stay strong It could happen next year, remember that every year we surpass the success in the past years and that makes bitcoin the hottest investment now. I could even make a prediction that it will be worth $100,000 per bitcoin and I have a feeling it will happen 5 years from now, it would surely gonna make happy especially those people who are still holding firm until now. Yeah I think bitcoin will become $100,000 per each next 5 years. I know it is not impossible because the bitcoin today is very powerful. I believe that bitcoin will become a great coin in the future. That was a big prediction, well I hope it does really happen. Bitcoin is great and it showed its greatness already and this year is a statement, with the current price of $4,000 at this quarter, we can expect we will close this year with a bigger price.
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youdacapt
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August 23, 2017, 06:36:20 AM |
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Bitcoin needs to go down temporarily so that users can buy at low prices, the law of supply and demand must also pay attention to long-term increase so that transactions can be done by all levels of society. I think there will still be a lot of big issues that will come up and half of them are negative rumors that will experience a strong decline like a few months ago.
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lordquanta
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August 23, 2017, 08:02:48 AM |
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My prediction is that bitcoin will rise above 20,000$ in the futures. But we have a long way to go Just stay strong It could happen next year, remember that every year we surpass the success in the past years and that makes bitcoin the hottest investment now. I could even make a prediction that it will be worth $100,000 per bitcoin and I have a feeling it will happen 5 years from now, it would surely gonna make happy especially those people who are still holding firm until now. Yeah I think bitcoin will become $100,000 per each next 5 years. I know it is not impossible because the bitcoin today is very powerful. I believe that bitcoin will become a great coin in the future. That was a big prediction, well I hope it does really happen. Bitcoin is great and it showed its greatness already and this year is a statement, with the current price of $4,000 at this quarter, we can expect we will close this year with a bigger price. Indeed bitcoin will reach to the bigger price tag by this year end. There are lot of buyers and investors interested in the coin. More people are coming in and at same time many sharks are also entering this lucrative market. Those who have doubts about the scalability, will get some assurance due to recent proceedings.
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Xenophoto
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August 23, 2017, 08:25:32 AM |
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My prediction is that bitcoin will rise above 20,000$ in the futures. But we have a long way to go Just stay strong It could happen next year, remember that every year we surpass the success in the past years and that makes bitcoin the hottest investment now. I could even make a prediction that it will be worth $100,000 per bitcoin and I have a feeling it will happen 5 years from now, it would surely gonna make happy especially those people who are still holding firm until now. Yeah I think bitcoin will become $100,000 per each next 5 years. I know it is not impossible because the bitcoin today is very powerful. I believe that bitcoin will become a great coin in the future. That was a big prediction, well I hope it does really happen. Bitcoin is great and it showed its greatness already and this year is a statement, with the current price of $4,000 at this quarter, we can expect we will close this year with a bigger price. Indeed bitcoin will reach to the bigger price tag by this year end. There are lot of buyers and investors interested in the coin. More people are coming in and at same time many sharks are also entering this lucrative market. Those who have doubts about the scalability, will get some assurance due to recent proceedings. I think what's actually booming these days are altcoins. More and more tech savvy people are opening their very own ICOs and they know that they are going to make money from it. More and more people are also finding out about cryptocurrencies but that doesn't mean that they will invest on bitcoin. Most people nowadays get persuaded on investing on new altcoins because it's the one that gets the most advertisements or promotions. Most coins out there has their thread die right after the distribution of bounty rewards and then the coin just drift off to wherever the wind will take them. My prediction is that bitcoin will always be the main cryptocurrency but people are going to invest more on altcoins.
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