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adjudicator
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September 07, 2017, 05:07:11 PM |
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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?
Botcoin is known to be a very well respected cryptocurrency due to the fact that it's the first ever cyptocurrency and the price of it is way more better than any of the altcoins you know. The only thing that migh get bitcoin in to trouble is the legalization of it in the whole world because we are all aware that bitcoin is being used sometimes for illegal transactions which is why investor sometimes are scare and worried about what may happen. |
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orarider
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September 07, 2017, 05:23:51 PM |
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Bitcoins will rise more and more, because it is now even used as a payment method in Japan and USA.
That is right. I heard that Coinbase has 10 million customers. There are only 1.6 bitcoin for each of them. The amount of currency is constant, however, the number of bitcoin users is constantly increasing, so the number of bitcoins each owner will decrease. |
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fullypak
Legendary
 Offline
Activity: 1456
Merit: 1005
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September 07, 2017, 05:29:31 PM |
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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?
Botcoin is known to be a very well respected cryptocurrency due to the fact that it's the first ever cyptocurrency and the price of it is way more better than any of the altcoins you know. The only thing that migh get bitcoin in to trouble is the legalization of it in the whole world because we are all aware that bitcoin is being used sometimes for illegal transactions which is why investor sometimes are scare and worried about what may happen. Not sometimes the bitcoins are most used for the illegal purpose only. Where we have the opportunity to use this Bitcoin in a legal way. We can not invest bitcoins in any business, and no legal company can accept this Bitcoin as an investment. But day by day the Bitcoin investors are increasing, and the price is increasing. End of the day what we will need the high price no worries before completing this year the price may reach $5k. |
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the rise
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September 07, 2017, 05:41:03 PM |
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I think the recent rumors and sensitive news is very effective in helping to strengthen the bitcoin, the attitude of community and bitcoin investors is very smart in handling any news that applies, including the ICO ban in china which I think only gives effect for one or two days .
My prediction in the future is that Bitcoin will continue to face more complex challenges, and what I am worried about only if there is a breakdown in bittrex and poloniex markets, this will have a big effect on bitcoin prices.
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iluvpie60
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September 07, 2017, 05:47:40 PM |
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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?
Bitcoin will continue to spread and become faster and better for seure transactions. Fiat currency is going down the drain. It becomes worth less each year. Look at many countries who go into a huge crisis. Venezeula got hit really hard, if many people were able to buy into bitcoin down there they could have saved themselves. It is sad they didn't know about it. |
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Core.BUSTER
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September 07, 2017, 06:35:02 PM |
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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?
Anything could happen really.The situation is like Schrodinger's cat. But I would say chances are more likely that it grows bigger since I see a lot of potential and that huge companies and websites are using bitcoins as a payment method. Bitcoin is the future. I don't see bitcoin being ''dead'' any time soon. That phase will be over. Actually, I have a lot of prediction about bitcoin but my real prediction about bitcoin is it will pump in the future and it will result to a good income.in addition to that, I also predict that bitcoin will not going to die but it will survive in the future and I do believe that it will become our future money. |
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Core.BUSTER
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September 07, 2017, 06:35:50 PM |
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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?
Anything could happen really.The situation is like Schrodinger's cat. But I would say chances are more likely that it grows bigger since I see a lot of potential and that huge companies and websites are using bitcoins as a payment method. Bitcoin is the future. I don't see bitcoin being ''dead'' any time soon. That phase will be over. Actually, I have a lot of prediction about bitcoin but my real prediction about bitcoin is it will pump in the future and it will result to a good income.in addition to that, I also predict that bitcoin will not going to die but it will survive in the future and I do believe that it will become our future money. |
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Core.BUSTER
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September 07, 2017, 07:10:58 PM |
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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?
I think the answer is both and I think it will depend to people who have how they will use it. In addition to that, as of now you can say that bitcoin is a currency because you can use it in different kind of transaction but somehow you can also say it is an asset. Lastly, I do believe that bitcoin is a currency and an asset. |
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Zuilhsa
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September 08, 2017, 02:53:43 AM |
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Yet, seeing the growth of bitcoin it was predicted that it may hit $8k to $10k by 2020, but as of now it seems that it may cross even the $10k level. If it happens big companies starts adopting bitcoin and alternatively the popularity increases tending the price to go even higher.
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franco123
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September 08, 2017, 03:38:16 AM |
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My prediction to Bitcoin for the next years to come is that it will continue to grow. However, this continues growth of demand, price and value will not be forever. In my opinion, there will come a time that Bitcoin demand will start to fall and so as the price. With that, Bitcoin holders will start on bulk selling their Bitcoins which will then lead to a dramatic down fall of demand and price. This is like the stock market that no one know when it will happen.
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Matimtim
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September 08, 2017, 05:16:58 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?
I think there no possible problem that bitcoin can encounter in the incoming 5 years but if there are some problem that bitcoin can encounter, I think the things that can we contribute in bitcoin to be the most authoritative in the world of currency system in this world are using bitcoin often as means of payment and be a bitcoin user and bitcoin advertiser in different way and that time we can help bitcoin to have stable place in the world of currency system. |
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katrimans
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September 08, 2017, 06:36:08 AM |
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Bitcoins will rise more and more, because it is now even used as a payment method in Japan and USA.
Well you can expect this to happen. But one thing is for sure and that is Bitcoin process will certainly go up as compared to the current market price of Bitcoin. We will see a remarkable difference in the market price in near future. It will for sure give a lot of profit to its investors. |
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Cazkys
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September 08, 2017, 06:40:33 AM |
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My prediction is it will be our future currency. One day, we will be all shopping without the need of money. You only need your Bitcoin wallet with some bitcoins stored on it and then buy and go shopping by just using your phone. Also, the value of bitcoin will continue to soar high and it will become a primary need of people, just like money, yes, exactly like money. With the advent of technology, it is very much possible.
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DIAH PERMATASARI
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September 08, 2017, 06:45:14 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 own personal point of view, my predictions in bitcoin is almost everyone in the world will ise bitcoin as a source of income and the government would accept bitcoin as a legal currency. The only problems that bitcoin would face if some predictions are true that bitcoins price will dump in the near future and i hope that will never happen. there is no reason that bitcoin will be discarded, as the evidence of users continues to grow, even as market demand continues to increase, so there is no reason for them to leave bitcoin |
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Babyrica0226
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September 08, 2017, 06:49:49 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?
In my own personal point of view, my predictions in bitcoin is almost everyone in the world will ise bitcoin as a source of income and the government would accept bitcoin as a legal currency. The only problems that bitcoin would face if some predictions are true that bitcoins price will dump in the near future and i hope that will never happen. But for what is happening now was that bitcoin is really increasing, which the projection of the bitcoin experts was totally happening little by little. And that's what the bitcoin community believing for, which the result was many of them are holding their bitcoin or some they buy a huge of bitcoin so the demand increase too. |
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legendbtc
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September 08, 2017, 06:56:45 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 own personal point of view, my predictions in bitcoin is almost everyone in the world will ise bitcoin as a source of income and the government would accept bitcoin as a legal currency. The only problems that bitcoin would face if some predictions are true that bitcoins price will dump in the near future and i hope that will never happen. Already it is proved as global currency from many countries, so even though it is dumped it has the capacity to reach its normal value because once it is dumped again many people will start holding the Bitcoin but it will take some time to reach the value. |
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Emersonkhayle
Newbie
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Activity: 43
Merit: 0
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September 08, 2017, 07:12:44 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?
Maybe while the time is running it is at the same time raising the value of bitcoin and in this way people can enjoy it because it can help each other. |
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ongels
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September 08, 2017, 07:35:41 AM |
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Someday there's no need to bring paper money, everything undergoes cashless payment.. The whole nation unite and established one currency Bitcoin as a mode of payment. The whole country unites and form one world government to reduce poverty rate, and stabilized economic progress.
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ArrogantPeacock
Member
Offline
Activity: 154
Merit: 10
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September 08, 2017, 07:37:46 AM |
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I kind of believe analysts expectations when they say hundred thousand dollars per Bitcoin
As long as we have adoption and people start using it, companies implementing the technology to facilitate the transactions, Bitcoin will keep on increasing in value
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danherbias07
Legendary
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Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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September 08, 2017, 07:39:05 AM |
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Someday there's no need to bring paper money, everything undergoes cashless payment.. The whole nation unite and established one currency Bitcoin as a mode of payment. The whole country unites and form one world government to reduce poverty rate, and stabilized economic progress.
Are we still alive to see that. It seems like everything is getting slower now with the technology. All that are happening now are about smartphones and I cant see news about a newly created something or an invention. If we want to grow with the payment system we must also see new technology being created but that cannot be seen today. |
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