The future of Bitcoin

[n691309]

Future projects of bitcoin will be the block size by increasing it because the number of transaction will be increased maybe exponentially in the near future if big shops implement it.

[chennan]

well inherently when we have "halving" btc will rise as supply will go down. Also in order for these huge asic companies to keep selling their crappy miners they will need btc to rise.  So maybe its a little conspiracy / supply and demand but its for sure going up imo.

Well, here's the thing.  There are many speculation threads that predict what will happen when the bitcoin halving occurs, but there is no way of knowing the "true" value of bitcoin due to it's volatility.  In theory, it makes sense that the price will double in order to make miners happy/making some sort of ROI (if they run a fairly big mining farm)... but because of the fact that know one can really tell what the average price of bitcoin should be and it's not regulated in any form, makes it to where we can't really know if the prices as of right now are taking into account the halving coming up.  I just have a feeling bitcoins price inevitably will go up before the halving due to speculation alone, which can be a good or bad thing.

[Slark]

For any of us who wonder what future hold for us, this is great source of information:

http://www.fastcompany.com/3051679/innovation-agents/the-future-of-bitcoin-isnt-bitcoin-its-bigger-than-that

The sad part is future will bring  increase of interest not exclusively in bitcoin alone, but rather block chain technology.

[lixer]

Future projects of bitcoin will be the block size by increasing it because the number of transaction will be increased maybe exponentially in the near future if big shops implement it.

The alternative solution for block size increase is on the way of getting ready to implement. May some people claim is as third party intervention needed, security measures also will be implemented accordingly.
So, bitcoin will be ready to handle to any rapid raise in transactions volume as the result of main stream adoption.

[chennan]

For any of us who wonder what future hold for us, this is great source of information:

http://www.fastcompany.com/3051679/innovation-agents/the-future-of-bitcoin-isnt-bitcoin-its-bigger-than-that

The sad part is future will bring  increase of interest not exclusively in bitcoin alone, but rather block chain technology.

I just truly believe that there isn't really any shot for these companies to implement a currency or payment service that can use the blockchain technology that bitcoin has, because there will be a need for them to mine and run nodes, which in all reality probably can't compete with the hash rate that bitcoin already has.

It just seems to me that because Bitcoin was the first one to create a public P2P network that anyone can verify at a given time, that it has created a niche that no one else can essentially copy; instead they would have to use bitcoin themselves in order to use a blockchain based currency.

[pigzpipz]

For any of us who wonder what future hold for us, this is great source of information:

http://www.fastcompany.com/3051679/innovation-agents/the-future-of-bitcoin-isnt-bitcoin-its-bigger-than-that

The sad part is future will bring  increase of interest not exclusively in bitcoin alone, but rather block chain technology.

I just truly believe that there isn't really any shot for these companies to implement a currency or payment service that can use the blockchain technology that bitcoin has, because there will be a need for them to mine and run nodes, which in all reality probably can't compete with the hash rate that bitcoin already has.

It just seems to me that because Bitcoin was the first one to create a public P2P network that anyone can verify at a given time, that it has created a niche that no one else can essentially copy; instead they would have to use bitcoin themselves in order to use a blockchain based currency.

While bitcoin was the first the code is open source so it is easy for third parties to re-use or implement it in their own system.
Sure bitcoin deserves the credits but as stated there are very wealthy companies who can make it much bigger.

[chennan]

For any of us who wonder what future hold for us, this is great source of information:

http://www.fastcompany.com/3051679/innovation-agents/the-future-of-bitcoin-isnt-bitcoin-its-bigger-than-that

The sad part is future will bring  increase of interest not exclusively in bitcoin alone, but rather block chain technology.

I just truly believe that there isn't really any shot for these companies to implement a currency or payment service that can use the blockchain technology that bitcoin has, because there will be a need for them to mine and run nodes, which in all reality probably can't compete with the hash rate that bitcoin already has.

It just seems to me that because Bitcoin was the first one to create a public P2P network that anyone can verify at a given time, that it has created a niche that no one else can essentially copy; instead they would have to use bitcoin themselves in order to use a blockchain based currency.

While bitcoin was the first the code is open source so it is easy for third parties to re-use or implement it in their own system.
Sure bitcoin deserves the credits but as stated there are very wealthy companies who can make it much bigger.

Well I guess we would have to agree and disagree. There is just no way in my mind for a company to use this kind of block chain technology for its own purpose only and be working smoothly with no problems. I think the only crypto who is close to this kind of thing would be ethereum and ripple for being sort of adopted in their block chain tech, which was adopted by Microsoft. Microsoft has made some pretty bad investment choices in the past, so this could be one of them too, even though the Azure cloud data base is still looking pretty promising, even without the block chain backing it and verifying it along the way.

[BlackPanda]

Very large projection is owned by the bitcoin. you may wish bitcoin is a dream that has been your dream.

[BigBoy89]

Very large projection is owned by the bitcoin. you may wish bitcoin is a dream that has been your dream.

Yes but these regulators and greedy governing bodies will surely try to stop Bitcoin but it's too late for them now, future itself is Bitcoin.

[BlackPanda]

Very large projection is owned by the bitcoin. you may wish bitcoin is a dream that has been your dream.

Yes but these regulators and greedy governing bodies will surely try to stop Bitcoin but it's too late for them now, future itself is Bitcoin.

as in my country, the government banned the use bitcoin. but what happened? bitcoin is increasingly recognized and growing very rapidly. the news media are very influential.

[n2004al]

Future projects of bitcoin will be the block size by increasing it because the number of transaction will be increased maybe exponentially in the near future if big shops implement it.

The future projects of bitcoin must be much more than those. First of firsts the try of everyone to spread it as much as everyone can. The spread make it strong and unassailable every day more. The spread will make possible a higher value and price and even more stability of it. As a currency, as an invention (in the meaning that will be more incentive and more resources to develop it continuously). And for more an continuance of all the above written. This will made it invincible.

[wikenpp]

New projects are a must for bitcoin to succeed. While i feel the core developers on taking a holiday, i am happy to see
other developers are building high-end applications for bitcoin.

[Farma]

New projects are a must for bitcoin to succeed. While i feel the core developers on taking a holiday, i am happy to see
other developers are building high-end applications for bitcoin.

Well you're right, certainly very much to build and develop something related to bitcoin, maybe it is to reap huge profits, or to raise the price of bitcoin, I am also very happy with it

[coins101]

Leverage the blockchain and encourage small miners back -->see link<-- with new incentives which will hopefully improve decentralization.

[EdenHazard]

What are the future projections for Bitcoin?

future project bitcoin in my opinion is the adoption of a great future and how to determine the currency bitcoin as well as an investment tool, and popularizing bitcoin as a currency used as payment by many shops and countries.

[umaOuma]

What are the future projections for Bitcoin?

future project bitcoin in my opinion is the adoption of a great future and how to determine the currency bitcoin as well as an investment tool, and popularizing bitcoin as a currency used as payment by many shops and countries.

Yeah and it will also dependent on the awareness level and the adoption level of the people and mostly how much people have faith in bitcoins as a currency, all this factors will determine the success or failure of bitcoins in future.If adoption is high then bitcoin will be successful.

[Bitcoinbro]

Well we are in for some very rough price rally's.
Apart from that bitcoin should outcompete paypal and some banks.

Beating the banks and their high fees is the main objective right now.

[Sultanbusra]

I hope and want bitcoin have long life 

[Farma]

bitcoin future may be determined in 2016, because so many are hoping bitcoin prices to rise rapidly, probably if the price does not go up, it will be a lot of people who stop mining 

[BigBoy89]

bitcoin future may be determined in 2016, because so many are hoping bitcoin prices to rise rapidly, probably if the price does not go up, it will be a lot of people who stop mining 

It will go up for sure now you should notice that Bitcoin was approximately $220 at the beginning of this year and now Bitcoin is $430 and it has set a benchmark of $400 as the least even if it drops so don't think negative be positive and Bitcoin is the future money.