Hatuferu
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https://trueflip.io/
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June 26, 2016, 09:16:52 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
It's possible, but I do not think Bitcoin is powerful enough to convince everyone to drop the banks and currencies. But it's still a possibility. It must first attract investors for the price of Bitcoin increase. It is not a sudden process that the people stop using banks and move towards bitcoins. It is slow progress method and slowly bitcoin will take over banks by making bitcoins more popular and banks less popular over a period of decade. 2022, that is impossible to happen, the government should regulate bitcoins first to have a chance. But with the current price fluctuations now, people will be hesitant to use it because we are not all playing investments here.
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Altynbekova
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July 05, 2016, 01:45:29 PM |
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I do not think that the Bitcoin is going to be used by everyone in 2022 because that means that most of the people will make use of it. Bitcoin is never going to be on that level because too many people would not even try and bother with it.
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praprata
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July 05, 2016, 02:57:09 PM |
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No because that would mean that the majority of the people would make use of it which is not going to happen. That means that it has to become on the level of youtube, google and facebook. We all know that this is never going to happen with Bitcoin because when money is involved the chance is bigger that people would not try it out.
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bitcoinisfurture
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July 05, 2016, 03:32:12 PM |
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Not sure how much % of the people will use the bitcoin. It needs the permission by that time from your country or incase if its ban then no use of it.
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peta4e
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July 05, 2016, 04:01:03 PM |
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I do not think that the Bitcoin is going to be used by everyone in 2022 because that means that most of the people will make use of it. Bitcoin is never going to be on that level because too many people would not even try and bother with it.
Exactly only youth will prefer to use it and we cannot expect that older generation will start using it, so I don't think that everyone would be using it by that time.
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relq
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July 05, 2016, 04:20:38 PM |
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I'm not sure every people will use bitcoin in 2022, maybe only 5-20% from all people around the world that will use bitcoin in 2022. But if in 2022 the bitcoin's price is so high, i think it will make more people use bitcoin on that year.
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greBit
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July 05, 2016, 04:38:09 PM |
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I'm not sure every people will use bitcoin in 2022, maybe only 5-20% from all people around the world that will use bitcoin in 2022. But if in 2022 the bitcoin's price is so high, i think it will make more people use bitcoin on that year.
If price is too high at that time then I don't think many people will able to afford to invest their money, so if you want to invest then this is the right time to do.
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mrhelpful
Legendary
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Merit: 1002
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July 05, 2016, 06:47:03 PM |
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If we get those winkel voss twins to get their etf on the move, then yeah maybe.
Cause I remember the hype back in the day was the "etf" which would allow traditional markets to invest so far all I know is that they moved closer towards "bats" which is another exchange towards tech and innovation.
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Ziskinberg
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July 06, 2016, 02:42:35 PM |
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I'm not sure every people will use bitcoin in 2022, maybe only 5-20% from all people around the world that will use bitcoin in 2022. But if in 2022 the bitcoin's price is so high, i think it will make more people use bitcoin on that year.
If price is too high at that time then I don't think many people will able to afford to invest their money, so if you want to invest then this is the right time to do. Of course with the current price it is cheaper because we don't have the volume yet that would make the price stable, investing is very risky but if you believe we will gain massive adoption buy 2022 then buy now.
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Natniadan
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Activity: 28
Merit: 0
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July 08, 2016, 08:47:32 AM |
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I'm not sure every people will use bitcoin in 2022, maybe only 5-20% from all people around the world that will use bitcoin in 2022. But if in 2022 the bitcoin's price is so high, i think it will make more people use bitcoin on that year.
If price is too high at that time then I don't think many people will able to afford to invest their money, so if you want to invest then this is the right time to do. Of course with the current price it is cheaper because we don't have the volume yet that would make the price stable, investing is very risky but if you believe we will gain massive adoption buy 2022 then buy now. I will buy some bitcoin when there is a price dip. The price of bitcoin could be between 5000 to 10000 dollars then.
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Ziskinberg
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July 10, 2016, 10:26:43 AM |
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I'm not sure every people will use bitcoin in 2022, maybe only 5-20% from all people around the world that will use bitcoin in 2022. But if in 2022 the bitcoin's price is so high, i think it will make more people use bitcoin on that year.
If price is too high at that time then I don't think many people will able to afford to invest their money, so if you want to invest then this is the right time to do. Of course with the current price it is cheaper because we don't have the volume yet that would make the price stable, investing is very risky but if you believe we will gain massive adoption buy 2022 then buy now. I will buy some bitcoin when there is a price dip. The price of bitcoin could be between 5000 to 10000 dollars then. You need to wait for more years for that to happen, we should be buying at the current price now because every day is an opportunity as when we will be stable you will not that kind of price again as it will be time to cash out then
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babsalt1975
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July 10, 2016, 10:37:25 AM |
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The year 2022 is not very far from now, in fact it is 6 years away. What I see is that individuals are faster in using bitcoins than institutions like banks and governments. it is the popularity that bitcoin will gain that will determine whether it will be used by everyone or not. The way it is being used currently, I believe institutions will be forced to adopt it due to massive usage. I believe it will be formalized worldwide and we only need one government or bank to start it off, then the rest will follow suit.
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Xester
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July 10, 2016, 10:39:32 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
In first world countries it is possible but to say in the whole world it is impossible yet. Even computerization and internet connection has not yet reach the outskirts of provinces and munipalitys how much more bitcoin is. There are many illiterate in terms of computers and internet including its activities and so 2022 is so early for bitcoin to be used by almost everybody.
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praprata
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July 19, 2016, 09:16:20 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
When you are talking about most of the people the you must mean the majority and I do not think that that is going to happen, Bitcoin is already popular bit I do not think it will become that popular. We just have to see what will happen in 6 years from now.
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,╓▄▄▄▄▄▄▄▄▄╓ ╓▄█████████████████▄╖ ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄, ,▓███▀╜,▄▄███████████▄▄,╙▀████╖ ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄ ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌ ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌ ]███▌┌███▌ ▐███ ███▄ ▐███ ▐███, ▐███ ▐███ .███ ███ ███▌ ███▌ ▐███ ▐███ '███ ███ ███▌ ███▌ ]███@╙███@ ▀██▌ ,▄██▌ ▐███ ▐███` ▓███ ▐███▄ ╙██▀╩ 9███╜ ╔███▀,███▌ ████,╙███▌ ▓███╜,████ ▀███▄ ▀╜ ▀▀ ▄███▌ ╙████▄, ╓▄████╜ ╙█████▄▄╓, ,╓▄▄█████▀ ▀▀█████████████████▀▀ '▀▀▀▀▀▀▀▀▀▀▀'
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olubams
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July 19, 2016, 09:20:29 AM |
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That will be had to decide as no one arguably and confidently knows the future as we can only predict the future as we cannot even convincingly argued that we will even still be spending bitcoin or another currency would have taken over, this and many other things can happen between now and 2022... lets hope for the best... MY 2 Cents...
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ObscureBean
Legendary
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Activity: 1148
Merit: 1000
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July 19, 2016, 09:50:48 AM |
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In first world countries it is possible but to say in the whole world it is impossible yet.
I would say it's the opposite. First world countries may be the early adopters but if Bitcoin is intent on "destroying fiat" those countries are where it'll encounter the most resistance because that's where fiat has the most power. Poorer countries are more likely to adopt Bitcoin as a national currency. Although I still think it'll be a while before that happens.
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ASHLIUSZ
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July 19, 2016, 11:14:45 AM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
When you are talking about most of the people the you must mean the majority and I do not think that that is going to happen, Bitcoin is already popular bit I do not think it will become that popular. We just have to see what will happen in 6 years from now. Bitcoin will see an eruption in purchasing power at that time. Bitcoin still has plenty of reasons to become a fiat-killer, but I think there will not be a huge crash.
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JumperX
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July 19, 2016, 12:07:20 PM |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
When you are talking about most of the people the you must mean the majority and I do not think that that is going to happen, Bitcoin is already popular bit I do not think it will become that popular. We just have to see what will happen in 6 years from now. Yeah and I don't think that everyone will start using bitcoin by that point of time as there are many corners of the world where bitcoin has not yet reached and it will take long time to reach there.
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worhiper_-_
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July 19, 2016, 12:08:34 PM |
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Nah! For sure more people will join the world of btc, but surely we still have a lot of way until reaching the "almost everyone" part.
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Doamader
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July 19, 2016, 01:29:35 PM |
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Before bitcoin be used by almost we need big companies to join, those will bring lower merchants to accept and work with bitcoin as well, microsoft take a step already, if they allow us to someday to purchase a computer with bitcoins we will be on the way, we cant predict how long bitcoin will take to be almost everywhere but we know it has potencial to grow and it keeps growing.
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