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Author Topic: Where do you see bitcoin in 10 years  (Read 15844 times)
techgeek
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February 23, 2016, 11:01:52 PM
 #101

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

Maybe? Maybe not? lol.

or maybe the banks want to centralize it by owning these exchanges instead and they end up owning bitcoin indirectly.

or possibly use it within their system to consider what increment holds "xyz" debt value.

Pattart
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February 24, 2016, 02:38:27 AM
 #102

10 Year Huh hmmm. i see bitcoin in writing in stores KFC, MCD, etc "bitcoin accepted here" its possible
Supercrypt
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February 24, 2016, 03:42:03 AM
 #103

in my cold storage.

 Kiss
I believe your cold storage would have been turned into hot wallet by the time after 10 years. Because there would be more and more options to spend your bitcoin and there is no need of waiting for price raise as prices of bitcoin at that time in some millions. So, you would have been ready to use your bitcoin for your daily life.
pooya87
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February 24, 2016, 05:41:03 AM
 #104

bitcoin is on a right track now, so if it continues down this track for the next 10 years i expect that bitcoin will be used by more than 85% of the people all over the world and consequently the price of bitcoin will be so much higher than what it is right now.

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quadriple7
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February 26, 2016, 01:42:02 PM
 #105

Since it will be very popular, everyone will use it, we maybe even have bitcoin cards to pay for things in real life, it will be good alternative currency
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February 26, 2016, 01:50:00 PM
 #106

Since it will be very popular, everyone will use it, we maybe even have bitcoin cards to pay for things in real life, it will be good alternative currency

Yep, or perhaps that Bitcoin Debit. That is not really a bad idea at all. It will be adapted by markets and nations all over the world.
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February 26, 2016, 02:02:31 PM
 #107

Since it will be very popular, everyone will use it, we maybe even have bitcoin cards to pay for things in real life, it will be good alternative currency

Yep, or perhaps that Bitcoin Debit. That is not really a bad idea at all. It will be adapted by markets and nations all over the world.

you don't need bitcoin debit cards and anything like that as long the shop is accepting bitcoin directly and you have a smart phone with you.

the rest is easy, you can just scan the QR and send the amount via your phone.

--looking for signature--
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February 26, 2016, 02:12:29 PM
 #108

In 10 years, I don't see myself busy with bitcoin, but to answer OP's question and statement, I really think that the concept of decentralization will be gone after 10 years..

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February 26, 2016, 02:16:53 PM
 #109

It's either there's a new king of crypto sending bitcoin price to less than a $100 or bitcoin evolved to be the best platform there is causing its price to push to $1000.

Laosai
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February 26, 2016, 02:18:20 PM
 #110

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

Biscutard
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March 11, 2016, 03:30:18 PM
 #111

In 10 years, the bitcoin price will be around $15,000. It will be one of major reserve currencies in the world then.
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March 11, 2016, 09:06:48 PM
 #112

In 10 years, the bitcoin price will be around $15,000. It will be one of major reserve currencies in the world then.

No way. The price will be stable maybe around the 3k.
Then a lot of merchants will accept it and bitcoin has become mainstream. Or even better it has become the standard in online payments.
richardsNY
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March 11, 2016, 10:14:41 PM
 #113

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

With the technology of Bitcoin he means the blockchain, and not Bitcoin the coin. But you don't have to worry about banks adopting Bitcoin. It won't happen as Bitcoin is something they can't control. They will either keep doing their business like they are doing now, or they will just release their own form of digital currency.
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March 12, 2016, 08:59:02 AM
 #114

The bitcoin technology will be adopted by most of the banks. Bitcoin might get a good recognition from users around the world as a currency equal to the dollar or other physical currencies that we use.

What?
Oh god no! You can't say that!!!
I hope that no bank will use btc! Banks shouldn't use btc, why would we need banks if we got btc?!?!?

With the technology of Bitcoin he means the blockchain, and not Bitcoin the coin. But you don't have to worry about banks adopting Bitcoin. It won't happen as Bitcoin is something they can't control. They will either keep doing their business like they are doing now, or they will just release their own form of digital currency.

Exactly said, Sorry for the confusion. I was indicating the blockchain technology. This technology will be adopted by banks in future.

quadriple7
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March 12, 2016, 07:13:19 PM
 #115

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money
newcoins1978
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March 12, 2016, 07:50:39 PM
 #116

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.
gentlemand
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March 12, 2016, 07:56:41 PM
 #117


Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

No retail bank has ever or will ever launch its own currency. That's not what they door what they're permitted to do. Blockchain technology will be used to make fiat usage slicker.
fravia
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March 12, 2016, 08:00:22 PM
 #118

i believe that bitcoin will be way more popular than it is now though thats just hopes that might possibly be very incorrect

whatever will happen i will be with bitcoins and i hope that nothing will replace it as it is the future of all money

 
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March 13, 2016, 04:38:08 AM
 #119

I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

Eventually making their own bitcoin won't be successful. The new coin getting created will not be a decentralized one. It would be controlled by the banking corporates. This will grow to a standard value.
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March 13, 2016, 05:01:52 AM
 #120

In 10 years, most probably bitcoin would be in its almost perfect form, with fast transaction and maintaining its anonymity and decentralization...that would attract more and more investors to adopt it..
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