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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59355 times)
Mastsetad
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July 29, 2016, 11:26:45 AM
 #981

Bitcoin hit $1,000,000:
Id start looking to retire and looking to put some of the bitcoin profit into proerties.
Pay off all my familys debt and start my own non profit charity that will most likely help children in one way or another.

Bitcoin hit  $1,000 again:
Nothing. Just keep trading and trying to earn more.

Bitcoin stayed where it was:
Same as above.
Bitcoin became worthless, or a few cents:
Have a beer with a few people and reluctantly admit they were correct.

And which of these do you think is most probable?


In my lifetime the most probable will be $1000 again.
 

If bitcoin really survives until then so the price would surely go higher than $1,000 that is for sure because it cannot stay at the same point for such a long time, and if it didnt survive then it would surely die until then.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 29, 2016, 11:34:41 AM
 #982

I think that if the bitcoin in 20 years later
bitcoin will be the a big a payment in the world and we can use it for buy anything.
of course bitcoin will be used really often as a payment method because it nearly does not require any fees or anything like that and people will appreciate that

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July 29, 2016, 11:40:03 AM
 #983

Its hard to predict what will happen in 20yrs from now about bitcoin. And beside why should I think of that time, well there's nothing to loose, I think I have stable life by means of savings,home, cars and other businesses  through bitcoins.
yeah we will not know what will happen in the future. I'm sure no one can predict with certainty the state of the current bitcoin. if you want to live comfortably in the 20 years to come. you should be able to work hard at a young age you are now. so you can get a lot of money from bitcoin. and in the future you could be tried only by an easy job


yes it is impossible to predict the future. therefore nothing to say about bitcion in advance. i think the one and the most important think is which will depend for the importance and value of bitcoin is its price. after 20 years the world will almost be change and the new generation will decide the future of bitcoin. but i can hope that ever after 20 years bitcoin will be in good position.

If bitcoin has gotten mass adoption, and less suppose it has in 20 years, then i think many shops will accept bitcoin, with that in mind, i think most services which require fiat will have an option to buy with bitcoin, Like we are seeing now with creditcard. Because in 20 years the mobile phone wallets, should be more advanced as credit card systems today.

If mobile phone wallet reached to every person and the shops started to accept bitcoin then I think at that time there will be more than 80% people who will prefer bitcoin as their payment for their purchases etc.

20 years is a much longer time and in that time there will be huge development in every field of world, internet will be at every corner of the world and every person will ave the access of bitcoin and I think about more than 90% people will have bitcoin for their use.
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July 29, 2016, 12:12:31 PM
 #984

I think after 20  years, I will still do what I am currently doing with myBitcoins.  Invest it to some profitable venturess,  buy altcoins and trade it,  participate in potential ICO's.  Spend it like fiat money to support it's activites.  Because after 20 years, I don't think bitcoin usage will perish.  It will be strenghten and will be use more globally.

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July 29, 2016, 12:15:26 PM
 #985

In.20 years, or even sooner, I'd like to have enough Bitcoins to.live carless, independent from banks and fiat money. Hope that will be possible.

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July 29, 2016, 02:17:49 PM
 #986

I have a very simple philosophy behind using bitcoin. I want some of my dreams come true with the power of bitcoin. I trust I will be able to make it.

Hence I am not selling any of my holdings. I am just accumulating more and more bitcoin for the sake of future. I believe bitcoin will hit more than 2000 USD in another 20 years and I believe I will earn some good amount of money in one go when I will sell it.


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July 29, 2016, 02:23:13 PM
 #987

In.20 years, or even sooner, I'd like to have enough Bitcoins to.live carless, independent from banks and fiat money. Hope that will be possible.




I feel that In 20 years, we'll be using gadgets that we cannot even imagine right away. I would be happy to hope that Bitcoin is going to stay one of them, but for some reason it seems to me that a better solution will be found on that time
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July 29, 2016, 02:41:02 PM
 #988

It's too fast for me to thinking about 20 years later, I sure every situation in this time has changed. maybe appearing a better coin than bitcoin or happened the revolutionary in the digital world because every time always appears a new breakthrough of the developed project.

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August 01, 2016, 11:13:51 AM
 #989

It's too fast for me to thinking about 20 years later, I sure every situation in this time has changed. maybe appearing a better coin than bitcoin or happened the revolutionary in the digital world because every time always appears a new breakthrough of the developed project.

20 years will come very quickly. The bitcoin is already 7 years old. I will use a lot of my bitcoin at that time.
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August 01, 2016, 11:38:27 AM
 #990

If bitcoin hit $1,000,000 each 20 years from now, maybe ill consider buying a car, a house and a solar panel with it and just get the others in my savings. If bitcoin hit  $1,000 again or stayed where it was 20 years from now, I think im just gonna use it like the way I use it now. If Bitcoin became worthless, or a few cents I think im gonna quit using bitcoin. Among this options, I think the most probable event that will happen is that bitcoin is worthless 20 years from now or it will just hit 1000$ again because the other options seems hard to achieve and these two options are the two most probable outcome.
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August 01, 2016, 11:47:01 AM
 #991

It's too fast for me to thinking about 20 years later, I sure every situation in this time has changed. maybe appearing a better coin than bitcoin or happened the revolutionary in the digital world because every time always appears a new breakthrough of the developed project.

20 years will come very quickly. The bitcoin is already 7 years old. I will use a lot of my bitcoin at that time.
i will also be using bitcoins a lot because i know that it is going to be a really popular currency that will allow me to make some good money really easily

 
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August 01, 2016, 12:48:41 PM
 #992

if bitcoin would hit a high amount i would definitely sell it and  buy the things that i want that i didnt buy ever in my entire life. Or i would trade some of my money for have another source of income, you will not be sure how bitcoin would last but its better to think up your future first than to spend those without any plans.

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August 01, 2016, 01:16:37 PM
 #993

I think after 20  years, I will still do what I am currently doing with myBitcoins.  Invest it to some profitable venturess,  buy altcoins and trade it,  participate in potential ICO's.  Spend it like fiat money to support it's activites.  Because after 20 years, I don't think bitcoin usage will perish.  It will be strenghten and will be use more globally.
though in my opinion investing bitcoins in the future might not be a profitable thing because the price will be booming for sure, in this way it will be better to just hold your bitcoins
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August 01, 2016, 04:24:31 PM
 #994

if bitcoin would hit a high amount i would definitely sell it and  buy the things that i want that i didnt buy ever in my entire life. Or i would trade some of my money for have another source of income, you will not be sure how bitcoin would last but its better to think up your future first than to spend those without any plans.

I will not sell the bitcoin. I will just use the bitcoins. I tend to use the bitcoin as a currency to help the adoption.

 
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August 02, 2016, 07:38:55 AM
 #995

if bitcoin would hit a high amount i would definitely sell it and  buy the things that i want that i didnt buy ever in my entire life. Or i would trade some of my money for have another source of income, you will not be sure how bitcoin would last but its better to think up your future first than to spend those without any plans.

I will not sell the bitcoin. I will just use the bitcoins. I tend to use the bitcoin as a currency to help the adoption.

When you use the bitcoin, it will help the circulation and the adoption of the bitcoin. The price will rise eventually.
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August 02, 2016, 08:41:03 AM
 #996

Bitcoin hit $1,000,000: I would sell some part of my bitcoins, and secure any possible loss in the long run.

Bitcoin hit  $1,000 again: I will buy more coins from the profits I made from the above said deal.

Bitcoin stayed where it was: Nothing special, I would be using it just like I’m doing it today. It will just affect the denominations and not the way I transact.

Bitcoin became worthless, or a few cents: I will feel bit sad, but at the end I would have an experience that will make me empowered in next such cases.

And which of these do you think is most probable?
I don’t think there is one probability, every probability has equal chance of taking place.
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August 02, 2016, 09:17:42 AM
 #997

should be in 20 years it took me to sell all my bitcoin, because it is time for a break, too old to use bitcoin. but I will not sell all, maybe I'll give it to my children or grandchildren to continue to use bitcoin.
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August 02, 2016, 09:33:16 AM
 #998

i think it is too early to decide that what i have to do with my bitcoin after 20 years of time.
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August 02, 2016, 12:52:59 PM
 #999

In 20 years from now, I would rather remain to continue what I am doing now, it is actualy very difficult to predict what will happen in that
year,. It can be that bitcoins is already has fix amount of price like 2000$ or 1000$. But whatever happen trading will not be stop, and I think the potentials ICO's still continuing progress, and I am also still investing in potentials altcoins for me to have more bitcoins. Wink
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August 02, 2016, 01:13:44 PM
 #1000

In 20years time expect a stable 4digit price for bitcoin. Also will make a large scale business with the investment as well earning made through bitcoin and other digital currencies.
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