Future of Bitcoin Economics

[Fatanut]

There is a hidden contradiction in your post

Which makes your reasoning inconsistent and your sort of agreement untenable. Basically, you said that with advancement of technology people understand less and less how it actually works (beyond their field of professional interest, obviously), so we should get back to stone axes and flint arrowheads, i.e. something which everyone is allegedly able to understand (in reality, it is not so, and that's why Raelism or Rael is meaningless). But at the same time you say that people more and more engage in debates about the topics which they don't have a slightest clue about. Obviously, they won't agree since they are clueless and debating not for the sake of agreement in the first place. People just like to argue and quarrel. Maybe, they had better mind their own business, something they understand?

Exactly. Just even thinking about the "religious" people on the Internet and in real life. I doubt that all of them have read the entire bible (assuming it's catholic vs catholic argument) or that all of them understood it the way the writer meant. Thus, more contradiction and more things to argue about.

I still fail to find the hidden contradiction, though. I just think that you've made another point from what I said is all. Anyway, the bottom line is that people are never going to have the same level of understanding about something. The author might mean X but some people will understand XY, then some people will mean YY. The only people that will truly understand the meaning of the author are the people that have the same level of understanding with the level of understanding the author anticipated his readers would have.

[rickadone]

Bitcoin in future actually has two possibilities, the first possibility it can grow become bigger but still there is second possibility, that also it can decrease. Because like two things on the side of the coin, they can not be separated. But we must to believe bitcoin will grow up again an again.

We have to believe and have to accept the growth of bitcoin in the future because it is the fact and we will find it if we go through all the things going around the economics of bitcoin. In the coming future we can see that many of the business will be with the currency of bitcoin. The attraction to this currency is much more from the side of merchants and the traders also like this currency the most and with that things we believe that more and more people who will know about bitcoin will accept it immediately after knowing about it so if the users will increase then the use and demand will also boost up which is the proof that bitcoin will increase up in the future.

Yes, people are liking bitcoins now a day to use instead cash. But those are lake of skill don't know bitcoin. Government will issue a training centers to that people will learn about bitcoin and invest into business. So bitcoin is now a days viral in the world. People are interesting to know about bitcoin. And want to invest because bitcoin is making future.

[darthmaul]

Its bright and secure after looking at its past performance as well as current run in the market. Bitcoin has given everyone good opportunity in terms of small profit to steady income online. That has already led to mass adoption of bitcoin by its end users. The bitcoin technology works peer to peer and which is the first thing everyone wants when they are sending and receiving money. So no long quest to see bitcoin as top most digital currency in the world. People are choosing blockchain technology as their thesis project in colleges and researching a lot about it. Thats the best way we can speculate about its future. So many stuff going on bitcoin and I'm just loving it. I think it will be basis of all digital assets in the future. 

[Osarman]

True indeed ,bitcoin's future is unpredictable, but it can be influenced in such a manner so that the future of bitcoin would be stable enough at least for the people who are familiar with bitcoin  and use it and know the real value of Bitcoin. Mass adaptation would be just a part of bitcoin's future,so let's see what is really going to happen.

The going things will be happen good. Don't wish for bitcoin. Wish for how to get money how to invest in money. As you know bitcoin is more power it will twice you investment into double so no need to see. Your first three lines are interesting to heard but the last line is making me to understand you how the power of bitcoin is.

[Bodywowoya]

I would not really hope that the Crypto-currency will have a strong impact on the economy of any country or world. The fact is that the technology of crypto currency is very good for the banking system And in general the financial sphere of the country that decided to connect. But this does not apply to the crypto currency itself. It seems to me that the crypto currency will exist at all on its own.

[Aikidoka]

The future of bitcoin is quite predictable. It is noteworthy that the bitcoin price has grown to reach 2900usd in 2017.  Although it had a decrease, it always has been growing. As far as I am concerned, bitcoin will prosper in the near future and it might be known worldwide. As a result, companies will try to compete and banks will face bankcruptcy. I also think that banks will not allow bitcoin to be recognized globally.

[BCTalkaccountforsale]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

I also think the future of bitcoin is that no one can predict it, it depends on the perception of each person, the more people know and use bitcoin it will grow in the future. Therefore, humans are the main cause of bitcoin development.

[Hotel_Prodeo]

I predict the economy will continue to improve, bitcoin it is because of the increasing number of users who feel the benefits of the transaction with bitcoin.

[mirakal]

I predict the economy will continue to improve, bitcoin it is because of the increasing number of users who feel the benefits of the transaction with bitcoin.

If you are a user you are a believer as well, and for me I believe because I invested in this technology.
Bitcoin will boost it's popular which will result to a bigger price due to the big demands that will be created brought by the increasing adopters.
We will see that soon so set back and keep holding the precious bitcoins that you have because if you sell now, you might not gonna enjoy it in the future.

[calandra78]

I think bitcoin has a very good future. bitcoin has achieved very high growth. The world economy, bitcoin've got a place for many people. financial system transition will be gradual.

I agree bitcoin has much changed world economy. bitcoin is currently highly developed more rapidly and widely than my previous estimates. I think it's very nice and good bitcoin for future developments. success has reached the bitcoin very rapidly it can be seen from the users of the bitcoin's getting day more and more. Maybe someday bitcoin can be used as a tool of the transaction going forward and will help finance bitcoin world economy.

[Ewinsane]

Why does everyone think that Bitcoin should greatly influence the economy of the world or some particular country? I think that the crypto currency is an international digital currency that should not interfere. Here is the financial structure of the state.

You are right some how did you ever heard about bitcoin what is bitcoin how it going ? It is not effecting on the economy of the world or some particular countries. It is a crpyto currency which makes everyone better off. You should try to think that if you have a 1 bitcoin ? Your family is in your need but you have no money no job? But if you are having bitcoin you can cash out to help your family.

[wahb]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

I also think the future of bitcoin is that no one can predict it, it depends on the perception of each person, the more people know and use bitcoin it will grow in the future. Therefore, humans are the main cause of bitcoin development.

to me i think we can predict the future of bitcoin, as we can observe that the users of bitcoin are increasing from time to time and therefore the demand of bitcoin is also increasing which is also causing the increase in the price of bitcoin. the popularity of bitcoin is also increasing and therefore we can expect that bitcoin future will be more bright and successful.

[Lecsor]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

I also think the future of bitcoin is that no one can predict it, it depends on the perception of each person, the more people know and use bitcoin it will grow in the future. Therefore, humans are the main cause of bitcoin development.

to me i think we can predict the future of bitcoin, as we can observe that the users of bitcoin are increasing from time to time and therefore the demand of bitcoin is also increasing which is also causing the increase in the price of bitcoin. the popularity of bitcoin is also increasing and therefore we can expect that bitcoin future will be more bright and successful.

If you read through the forum all the messages that the user does not write, then I do not think that everything is so very colorful talking about the future bitcoin. Just look at how people ruthlessly sell their coins in some kind of currency market. It seems to me that this panic makes Bitcoin poorer, including users.

[aeternus]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Nobody can predict it but we can make guesses about what it may happen, and by the way while massive adoption of bitcoin will be great, the truth is that is not needed if only 1% of the humans adopted bitcoin, 70 million, then bitcoin will still have a bright future and a high price.

[loyseu]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Absolutely agreed with you. Maybe for now bitcoin is at it's peak but later or sooner what if bitcoin's value decrease, people will lose their interest with bitcoin that might affect bitcoin economics. But as long as people are satisfied I forsee that bitcoin will be for a long term.

[Rostadom]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Absolutely agreed with you. Maybe for now bitcoin is at it's peak but later or sooner what if bitcoin's value decrease, people will lose their interest with bitcoin that might affect bitcoin economics. But as long as people are satisfied I forsee that bitcoin will be for a long term.

Only basic investors do that. Most investors enjoy it when the price of bitcoin goes down. It's time for them to fill up their stash. They buy even more coins and then sell later. Everybody knows that the price of bitcoin will go up even after August 1. August 1 might even help us achieve the price that we want and even help in mass adoption.

People don't just lose interest once the market goes down. Everyone knows that the price of something always go up and down. If you're not the guy that do a USD-BTC trade, then you're just going to hold your bitcoins when the price go down and wait a little more. There's no need to lose interest and just end up forgetting about bitcoins. Bitcoin is very profitable so even if let's say you lost money from trading, you will still try and do things to make money from bitcoins.

[pisston]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Absolutely agreed with you. Maybe for now bitcoin is at it's peak but later or sooner what if bitcoin's value decrease, people will lose their interest with bitcoin that might affect bitcoin economics. But as long as people are satisfied I forsee that bitcoin will be for a long term.

Only basic investors do that. Most investors enjoy it when the price of bitcoin goes down. It's time for them to fill up their stash. They buy even more coins and then sell later. Everybody knows that the price of bitcoin will go up even after August 1. August 1 might even help us achieve the price that we want and even help in mass adoption.

People don't just lose interest once the market goes down. Everyone knows that the price of something always go up and down. If you're not the guy that do a USD-BTC trade, then you're just going to hold your bitcoins when the price go down and wait a little more. There's no need to lose interest and just end up forgetting about bitcoins. Bitcoin is very profitable so even if let's say you lost money from trading, you will still try and do things to make money from bitcoins.

And on August 1 in general it is very difficult to say something and even to foresee. It seems to me that there are two moments with investors, and this is when the coin is untwisted and money is saved in it, then the coin grows in price, but when there is a general loss of the crypto currency, investing is profitable by buying more promising coins at a low price and waiting for a better time For active trading.

[Cosbycoin]

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.

Absolutely agreed with you. Maybe for now bitcoin is at it's peak but later or sooner what if bitcoin's value decrease, people will lose their interest with bitcoin that might affect bitcoin economics. But as long as people are satisfied I forsee that bitcoin will be for a long term.

Only basic investors do that. Most investors enjoy it when the price of bitcoin goes down. It's time for them to fill up their stash. They buy even more coins and then sell later. Everybody knows that the price of bitcoin will go up even after August 1. August 1 might even help us achieve the price that we want and even help in mass adoption.

People don't just lose interest once the market goes down. Everyone knows that the price of something always go up and down. If you're not the guy that do a USD-BTC trade, then you're just going to hold your bitcoins when the price go down and wait a little more. There's no need to lose interest and just end up forgetting about bitcoins. Bitcoin is very profitable so even if let's say you lost money from trading, you will still try and do things to make money from bitcoins.

And on August 1 in general it is very difficult to say something and even to foresee. It seems to me that there are two moments with investors, and this is when the coin is untwisted and money is saved in it, then the coin grows in price, but when there is a general loss of the crypto currency, investing is profitable by buying more promising coins at a low price and waiting for a better time For active trading.

Nobody will lose their interest you are wrong buddy. You should need to study about bitcoin. That what is bitcoin. Bitcoin is 100% trusted so you should trust bitcoin. It is increasing not decreasing but if you are talking on a recent time then bitcoin once again going up. Hence I would suggest you to study bitcoin and the reviews of bitcoin.

[Frowleall]

In the eyes of some, authorities-backed currencies are coming to an end. To this modest group of real believers, central banks like the Federal Reserve destabilize the economic climate and will carry an finish to the supremacy of the greenback. Bitcoin, a entirely digital cryptocurrency, has captured the imaginations of libertarians and gold-standard enthusiasts the globe above as the dollar’s extended-time period replacement. Bitcoin was born into a globe that experienced already started to move away from paper transactions. Without the impact of governments or central banking institutions, bitcoin genuinely operates like a totally free marketplace technique. Even so, in spite of obtaining a passionate pursuing, safety considerations and volatility have plagued bitcoin. As a end result, the cryptocurrency has small chance of changing any national currencies. However, virtual payment services like PayPal and bitcoin will probably continue to increase, as the economic system moves increasingly toward a virtually paperless planet. They may possibly even push paper currency to the brink of obsolescence.

[Choyor]

so far no one has a crystal ball that can see the bitcoin economy in the future. But if you look at the existence shown by bitcoin and also the increasing interest of people to adopt bitcoin, that means more people will use bitcoin, I think the future of bitcoin economy in the future will get better. And that is our hope all as bitcoin users.and we need not worry.