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stromma44
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April 07, 2016, 02:10:17 PM |
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In 20 years from now, I expect bitcoin to be universally accepted so that we can use it a mode of payments for almost anything. Paying rent, buy gas, pay electricity bill, go to a coffee shop, a restaurant and get a hooker for yourself are just but a few things that i will like to be used with bitcoin
I doubt that it will survive that long as nothing is predictable when it comes to bitcoin, its better we focus on short term and act accordingly. |
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randy8777
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Activity: 896
Merit: 1000
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April 07, 2016, 02:18:31 PM |
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In 20 years from now, I expect bitcoin to be universally accepted so that we can use it a mode of payments for almost anything. Paying rent, buy gas, pay electricity bill, go to a coffee shop, a restaurant and get a hooker for yourself are just but a few things that i will like to be used with bitcoin
I doubt that it will survive that long as nothing is predictable when it comes to bitcoin, its better we focus on short term and act accordingly. there is a certain demand for bitcoin as people get sick and tired of the governments and banks that are forcing themselves into the lives of people and gamble with people's money on the financial market. bitcoin gives them the chance to take full ownership over their own money. once the average joe start realizing this and stop believing all the nonsense coming from the media, then bitcoin will be huge. that's why i am long term minded when it comes to bitcoin. |
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RobinHoodster
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April 07, 2016, 02:31:19 PM |
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In 20 years I'd like bitcoin to be worth enough to enable me to retire early or even buy me another house or something. Basically I hope bitcoin can make me significantly wealthier one day  That would be good for the people who already have bitcoins but it would not attract new people because the prices would be to high. But it would be nice if it would happen. |
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adibe
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April 07, 2016, 03:07:25 PM |
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It's depend. If the price of bitcoin is really high in the next 20 years, i will sell all my bitcoins for enjoying my fiat and spare some for invest on property. If the bitcoin's price is cheap, i will keep it until the price increase.
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FabioDelcatto
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April 07, 2016, 03:11:02 PM |
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I hope that the Bitcoins will be worth much more money then they are now at the moment. I can make much money of that happens so I hope it does. I just have to wait and see what happens.
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umaOuma
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April 07, 2016, 03:15:21 PM |
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It's depend. If the price of bitcoin is really high in the next 20 years, i will sell all my bitcoins for enjoying my fiat and spare some for invest on property. If the bitcoin's price is cheap, i will keep it until the price increase.
That's good but I will not wait for next 20 years I will sell my coins much before that when I will see all time high as I feel that would be the best time to sell. |
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asrilani
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April 07, 2016, 03:21:15 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
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angryrob
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April 07, 2016, 03:28:52 PM |
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If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.
Don't you think that million dollars each whole of bitcoin is too much and impossible to reach ? But if you are patient to invest your bitcoin and wait it until 20 years again, I believe, you will get some profit. Not at all, I expect gold to go up to a million dollars an ounce by the middle of next year. Some real estate can increase to a higher rate faster than any other holding. I'm going to sell my house for a half billion dollars next year too. I guess no one has the capacity for logic or reason on this forum. yes real estate is better than gold and bitcoin method the reason bitcoin and gold has future or not don't know any one, some time its worth going up and some time falling down but you can see there real estate worth always going up so I will also buy some house for future. |
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Kartikay
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April 07, 2016, 03:56:30 PM |
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Bitcoin hit $1,000,000: Start some business with bitcoins Bitcoin hit $1,000 again: sell part of my total bitcoins, save some of them Bitcoin stayed where it was: Continue with signature campaigns and other ways earning  Bitcoin became worthless, or a few cents: still signature campaign as bitcoin is quite volatile and you never know what would happen next  Ist is overexpectation , last one is underestimating and middle two most probable. |
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RoommateAgreement
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April 07, 2016, 04:32:06 PM |
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If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.
Don't you think that million dollars each whole of bitcoin is too much and impossible to reach ? But if you are patient to invest your bitcoin and wait it until 20 years again, I believe, you will get some profit. Not at all, I expect gold to go up to a million dollars an ounce by the middle of next year. Some real estate can increase to a higher rate faster than any other holding. I'm going to sell my house for a half billion dollars next year too. I guess no one has the capacity for logic or reason on this forum. yes real estate is better than gold and bitcoin method the reason bitcoin and gold has future or not don't know any one, some time its worth going up and some time falling down but you can see there real estate worth always going up so I will also buy some house for future. this is not true in all the countries. some places have a very stable real estate market and some even have the price going down. it is mostly the developing countries that have a rising real estate market. |
Buying the dip...
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fkvidar
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April 07, 2016, 04:42:14 PM |
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If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.
Don't you think that million dollars each whole of bitcoin is too much and impossible to reach ? But if you are patient to invest your bitcoin and wait it until 20 years again, I believe, you will get some profit. Not at all, I expect gold to go up to a million dollars an ounce by the middle of next year. Some real estate can increase to a higher rate faster than any other holding. I'm going to sell my house for a half billion dollars next year too. I guess no one has the capacity for logic or reason on this forum. yes real estate is better than gold and bitcoin method the reason bitcoin and gold has future or not don't know any one, some time its worth going up and some time falling down but you can see there real estate worth always going up so I will also buy some house for future. this is not true in all the countries. some places have a very stable real estate market and some even have the price going down. it is mostly the developing countries that have a rising real estate market. But in majority of countries I think real estate business is growing and I think it will grow in future too, so if we invest in real estate then we can surely earn huge returns in future. |
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setupbounds
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April 07, 2016, 05:33:29 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
Mining will be least profitable after 20 years. As the difficulty will increase too much, that the highly super computer wont be able to mine 1 BTC in one year. The cost of electricity and the cost of hardware will make mining no profit. Trading with Alt coins could be the best option tough. |
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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April 07, 2016, 06:45:32 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
Well, maybe you will see physical markets and shops which PROUDLY accepts bitcoins and are legit too. Also I think mining will be on a new level and height and almost everyone will be mining. I would like to see btc accepted everywhere in next 20 years. |
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Slark
Legendary
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Activity: 1862
Merit: 1004
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April 07, 2016, 06:54:56 PM |
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We have no idea what will happen to bitcoin in 2 years. Then how we can speculate what will happen in 20 years?
How blocksize debate will end? If bitcoin will be growing or will be tamed by other projects based on blockchain tech?
It is always hard to tell and predict the future if we are talking about fresh technology and have zero reference to previous events.
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avw1982
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April 07, 2016, 07:10:22 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
Mining will reduce bro! utilise and save in some other way! If I will still be living and it is in a great price. I will teach my grandchilds how it works. Tell them this is my money I have been saving. And let them take care of it. Continue or withdraw it. They can choose what they want to do with it. |
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BruceLee007
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April 07, 2016, 07:28:12 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
oh wow, you are a newbie and you actually mine coins yourself? im wondering how much profit you are actually making out of that, i doubt that you make any money i would really like to spend my bitcoins on wherever i want without any restrictions and start making a lot of money out of trading and so on |
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BitcoinSupremo
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April 07, 2016, 07:43:42 PM |
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I think the most correct option is the 2nd one with 1000 USD as value, and it would be enough to fulfill my dream of owning a big shop, giving it for rent and getting monthly easy money. Hopefully I will achieve this with BTC in 5-10 years and not 20 |
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stellgod
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April 07, 2016, 08:07:51 PM |
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In 20 years, what I will do with the bitcoin is no different from now. I will still mine for bitcoin and use that.
I dont think mining will be same, it will be on high level i guess |
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plost24
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April 07, 2016, 08:15:58 PM |
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i think i will continu to use bitcoin to trade and make more profit as always i don't think that if bitcoin hit 10000$ i will just sell some but i will work with others because it will be like a daily job for me.
and who knows after other years maybe the price will be bigger.
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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traderbit
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April 07, 2016, 08:34:27 PM |
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Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...
What would you do if:
Bitcoin hit $1,000,000:
Bitcoin hit $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?
Thanks for your opinions,
-Lags
20 years is a long time far away from now, many innovations will come to life and i hope will affect the bitcoin price positively, if it hits 1M then i would sell, if it hit 1k i will think to sell or not, I think that it will be increased and not became worthless. |
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