The future of bitcoin

[Supercrypt]

in future im sure bitcoin will be stable at ~$500 (after mining ended)
more country will be use bitcoin, and bitcoin will be number 1 online payment

If the price of Bitcoin is just $500 per coin after practically all have been mined, then it means Bitcoin never caught on to mass adoption and is ultimately only used for speculation. $500 per coin puts Bitcoin's value at just 10.5 billion, and with consistent inflation I imagine that number is actually of lesser value than today's market value.

On the event of halving people are expecting bitcoin prices just would double. From past records and analysis halving will trigger bigger buying pressure to flow in new money into bitcoin eco system causing bitcoin prices to claim at least 10 times of current prices.

Yes bitcoin futures are dependent to every halving scheduled every 3.5 years to 4 years. So, we can expect a brighter future for bitcoin on the event of halving. When miners get small amount as block reward and selling price will be reduced thus the requirement for bitcoin will raise leads to better price for bitcoin.

[Aemon]

Impossible to tell the future of what Bitcoin holds.  I think why most of us are here and talking about it though is the simple fact that we all think it will become something super large.

[BitMaxz]

For the bitcoin in the future is good we have lots of uses of the bitcoin like coffee machiine that can accept bitcoin then deliver like pizza or any restaurant that has delivery then you will use your bitcoin as payment instant...

[knowhow]

The big thing is bitcoin is growing even being slowly as it is getting more value,the next years and with the financial problems worlwide im pretty sure it will be worth much more then now but it will take some years.

[Aemon]

The big thing is bitcoin is growing even being slowly as it is getting more value,the next years and with the financial problems worlwide im pretty sure it will be worth much more then now but it will take some years.

I am hoping so as well.  The bottom line is no one knows what will happen we are all just hoping against hope that it takes off and we are the leaders of the new world

[Laosai]

The only future I want to see with bitcoin is it will go mainstream. I can't for that to happen in the near future And also just to add, I'd like too see bitcoin price stable at thousands of dollars per BTC

[harizen]

I want to see bitcoin back to $1000 mark or even better in the future. Im still new to bitcoin world and hope I can feel what others feel when the price hit that mark.

Day by day bitcoin is getting much popular. Growth rate of bitcoin popularity became really high and Im sure of that. Only needs more development to hug and adopt the worlds needs. I trust bitcoin.

[hendra147]

The only future I want to see with bitcoin is it will go mainstream. I can't for that to happen in the near future And also just to add, I'd like too see bitcoin price stable at thousands of dollars per BTC

sounds very pleasant, i love it 
im very happy if i can earning 0.035/week and bitcoin price stable at thousands of dollar

so i can earning ~ a hundreds dollar permonth

[ATguy]

in bitcoins future im scared whats goign to happen after like 50 years when the supply of bitcoins coming in from block rewards is insignificant.
im hoping people dont give up on bitcoin when that happens.

Hopefully Bitcoin user base increases many times thus much more people supports the Bitcoin running full node or Bitcoin miner (costs little money to run) - I assuming certain percentage of Bitcoin user base supporting Bitcoin with these actions so it is all about popularity of Bitcoin in future.

[bitgolden]

in bitcoins future im scared whats goign to happen after like 50 years when the supply of bitcoins coming in from block rewards is insignificant.
im hoping people dont give up on bitcoin when that happens.

Hopefully Bitcoin user base increases many times thus much more people supports the Bitcoin running full node or Bitcoin miner (costs little money to run) - I assuming certain percentage of Bitcoin user base supporting Bitcoin with these actions so it is all about popularity of Bitcoin in future.

Yes the future of bitcoin is based on the user base. When bitcoin become more popular there would be many people who will use it bitcoin for their daily purposes to make it as a main stream of payment processor. The future of bitcoin is based on it's popularity which is highly dependent on it's value.

[tom555]

in bitcoins future im scared whats goign to happen after like 50 years when the supply of bitcoins coming in from block rewards is insignificant.
im hoping people dont give up on bitcoin when that happens.

Hopefully Bitcoin user base increases many times thus much more people supports the Bitcoin running full node or Bitcoin miner (costs little money to run) - I assuming certain percentage of Bitcoin user base supporting Bitcoin with these actions so it is all about popularity of Bitcoin in future.

Yes the future of bitcoin is based on the user base. When bitcoin become more popular there would be many people who will use it bitcoin for their daily purposes to make it as a main stream of payment processor. The future of bitcoin is based on it's popularity which is highly dependent on it's value.

i really agree with you,nice answer. and bitcoin price will going down. what will you do in future with your bitcoin?

[MissionPhailed]

I'd say after the very erratic course of prices and events in 2013 en 2014 a slow and steady increase in price and influence in (global) finance. The public is still largely oblivious and sceptical, partly because of MtGox and stuff.

[bearex]

There is no way banks will take over Bitcoin. It would erase its purpouse. Besides, it is a peer to peer kind of network, so they can not just take it.

I would however like to see it as a currency used worldwide.

[prodigy8]

Well bitcoin can replace the current fiat,the bad thing is they cant press new money to cover any bad moove they make,i remember the countries before European Union well they made one coin for what 25 countries? soo why cant bitcoin or other crypto became the new fiat ?

If you mean that bitcoin will be produced as a physical coin (metal)
Then i think that it needs lots of money only for the metal and other things.
But in the digital world, yes it can replace and making it easier for large transaction, bitcoin has a good future.

No you get me wrong im saying fiats is possible to press new coin.... at bitcoin there is a limited number of coins...would be good to be able to use bitcoin everywhere,but well the rates and products would be diferent at each country,an apple should cost 0.0003btc and other countries above or lower it ,would be amazing how much 0.04btc your bill.

I don't think it is needed bitcoin to be produced i get you.
But yeah it is limited to 20s millions of coins in total but it isn't needed to go physical.
What is lost is lost like in the digital world when we know that lots of bitcoins are lost now.
I think bitcoin will have a good future, and it has began with the price increase nowadays.

[dothebeats]

I want to see bitcoin back to $1000 mark or even better in the future. Im still new to bitcoin world and hope I can feel what others feel when the price hit that mark.

Day by day bitcoin is getting much popular. Growth rate of bitcoin popularity became really high and Im sure of that. Only needs more development to hug and adopt the worlds needs. I trust bitcoin.

You will feel euphoria by the time that you don't need to convert bitcoin to cash anymore because you can spend it to almost anything there is in this world. Mass adaption and global acceptance of this currency will surely change the way we view money.

[bitmarket.net]

Is bitcoin a currency ?
An asset ?

Can it be both ?

[Amph]

Is bitcoin a currency ?
An asset ?

Can it be both ?

it will be whatever the centralized authority think it will be, they still control that aspect of bitcoin, so as you see bitcoin is a bit centralized

we are lucky that EU view it as a money, i hope many unregulated country will follow their decisions

[Mickeyb]

Is bitcoin a currency ?
An asset ?

Can it be both ?

In all honesty, Bitcoin is everything. It just has many use cases. Now how will some government see it, that's their problem and for them to worry about, like Amph has said.

We can't much influence governmental decisions. All we can hope so is that they regulate it fairly. By fair I mean like EU has just ruled, and by not fair I would give you an example of NY and their BitLicense.

[harizen]

I want to see bitcoin back to $1000 mark or even better in the future. Im still new to bitcoin world and hope I can feel what others feel when the price hit that mark.

Day by day bitcoin is getting much popular. Growth rate of bitcoin popularity became really high and Im sure of that. Only needs more development to hug and adopt the worlds needs. I trust bitcoin.

You will feel euphoria by the time that you don't need to convert bitcoin to cash anymore because you can spend it to almost anything there is in this world. Mass adaption and global acceptance of this currency will surely change the way we view money.

Yes time will tell and hope it will happen.

Im trying my best to gain much more knowledge about earning bitcoin so when the bright future of bitcoin happens, I can ride the current trend without regrets that Im not able to save in the past.

[harizen]

I want to see bitcoin back to $1000 mark or even better in the future. Im still new to bitcoin world and hope I can feel what others feel when the price hit that mark.

Day by day bitcoin is getting much popular. Growth rate of bitcoin popularity became really high and Im sure of that. Only needs more development to hug and adopt the worlds needs. I trust bitcoin.

You will feel euphoria by the time that you don't need to convert bitcoin to cash anymore because you can spend it to almost anything there is in this world. Mass adaption and global acceptance of this currency will surely change the way we view money.

Yes time will tell and hope it will happen.

Im trying my best to gain much more knowledge about earning bitcoin so when the bright future of bitcoin happens, I can ride the current trend without regrets that Im not able to save in the past.