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Author Topic: Future of Bitcoin Economics  (Read 34278 times)
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November 01, 2017, 09:44:01 AM
 #641

bitcoin is a currency that can change the payment system with digitalization method in the current era of technology, although the legality is still not recognized by various countries but the bitcoin function has been widely used by everyone in the world for various purposes of financial transactions.
And I'm sure in the future bitcoin will be a legal currency, because of the enormous functions and benefits of bitcoin for better economic change.
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November 01, 2017, 11:36:23 AM
 #642

Bitcoin will stay longer in the future because of its demand on people and its popularity..bitcoin economics becomes bigger and longer for a brighter future Kiss Smiley
We just have to maintain the trend, if the demand will continue then we can surely say by now that bitcoin has a very good future
and if that will happen it can give us a good profit on our investment especially if we are holding our bitcoins for a long period of time.
It's still a gamble but I would risk my money with the potential of bitcoin's value in the future.

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November 01, 2017, 12:27:26 PM
 #643

Bitcoin will stay longer in the future because of its demand on people and its popularity..bitcoin economics becomes bigger and longer for a brighter future Kiss Smiley
We just have to maintain the trend, if the demand will continue then we can surely say by now that bitcoin has a very good future
and if that will happen it can give us a good profit on our investment especially if we are holding our bitcoins for a long period of time.
It's still a gamble but I would risk my money with the potential of bitcoin's value in the future.


Exactly we have a future of bitcoin economics due to its unpredictable attraction that bitcoin truly needs more goods and service providers who will take bitcoin as mode of payment. In order to developed more services given by bitcoin we have to continue buying bitcoin because it will result to better future in our country.
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November 01, 2017, 12:45:03 PM
 #644

The future of bitcoin economy is not speculation. It have on actual utility value that can be justified today, blockchain technology will change the world. The bright future for an economy.
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November 01, 2017, 02:17:26 PM
 #645

Indeed bitcoin is very difficult to predict how the development in the future but more and more users certainly did not rule out the bitcon will last long and able to have a big impact on the economic system of the population later.

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November 01, 2017, 02:43:25 PM
 #646

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


the future of bitcoin is determined by the issue of the global economy and the level of public confidence in the bitcoin currency itself, in fact with the bitcoin as a digital currency, society is greatly facilitated in transacting the digital world
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November 01, 2017, 02:57:10 PM
 #647

yes no one knows what our future is at bitcoin so many people are wondering what it really is? is bitcoin in our life if it lasts or is he alive? there's no right answer for our questions so only we can do now is to believe in bitcoin that we can help us in the future we do not know what really is the effect of bitcoin in our lives so we should always be ready ..

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November 01, 2017, 03:06:15 PM
 #648

today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future

Philosophically speaking no one can guarantee anything in this world, we can talk only about probabilities of events. And the probability of other crypto replacing Bitcoin is very low. We have hundreds of cryptos around and none of them can be compared to BTC in respect of the demand.

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November 01, 2017, 03:16:48 PM
 #649

yes no one knows what our future is at bitcoin so many people are wondering what it really is? is bitcoin in our life if it lasts or is he alive? there's no right answer for our questions so only we can do now is to believe in bitcoin that we can help us in the future we do not know what really is the effect of bitcoin in our lives so we should always be ready ..
its a risk that we should take which we needed a lots of understanding and trust, bitcoin will be adopted and from that ends the future will be good for all its holders, just keep it and stay positive time will be the only witness after we succeed from this journey of our investment.
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November 01, 2017, 03:19:17 PM
 #650

You are right. Now we can only guess how this coin will be look in future. Anyway, everything show us that will be good future for this coin
Since the time bitcoin was introduced to this world, bitcoin has done so many good things and the way bitcoin is making its reputation in the international market is no doubt very much appreciable. If we look at the past performance of bitcoin, then I think there will be no reason to deny this fact that bitcoin is for sure going to have a wonderful future and it will earn better reputation.

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November 01, 2017, 05:19:14 PM
 #651

today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future
Yes its true but atleast that future is in the hands of many people who invests and believes that bitcoin will have a good future and not by rich individual who is fond of holding to make themselves millionaires  and don't care about others.

Absolutely. It depends all in the interest that bitcoin are gaining to people which is now the highlight of the new market. Of course the more people uses and invest in the more brighter the future of bitcoin as the value will increases day by day. There are some hindrances but we're more optimistic that those as we see each day a moon behind the clouds.
Yeah now almost all the people are buying and investing in the bitcoin and this is the reason why the bitcoin is growing more and more. Now the use of the bitcoin is very easy and the transaction of the bitcoin is not taking very much time because all the people are having it and they are aware of the use and the technologies of the bitcoin so you are very safe for the future if you are using the bitcoin.
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November 01, 2017, 06:16:53 PM
 #652

today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future
Yes its true but atleast that future is in the hands of many people who invests and believes that bitcoin will have a good future and not by rich individual who is fond of holding to make themselves millionaires  and don't care about others.

Absolutely. It depends all in the interest that bitcoin are gaining to people which is now the highlight of the new market. Of course the more people uses and invest in the more brighter the future of bitcoin as the value will increases day by day. There are some hindrances but we're more optimistic that those as we see each day a moon behind the clouds.
Yeah now almost all the people are buying and investing in the bitcoin and this is the reason why the bitcoin is growing more and more. Now the use of the bitcoin is very easy and the transaction of the bitcoin is not taking very much time because all the people are having it and they are aware of the use and the technologies of the bitcoin so you are very safe for the future if you are using the bitcoin.
I do not think Bitcoin can guarantees our money always safe in Bitcoin. There are many cases have lost Bitcoin by hacker attack. You must to know, more digital, technology, the hacker will take advantage the bugs system to rob all money of the user. Unless, the user know the method to keep safe their money.

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November 01, 2017, 06:58:06 PM
 #653

today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future
Yes its true but atleast that future is in the hands of many people who invests and believes that bitcoin will have a good future and not by rich individual who is fond of holding to make themselves millionaires  and don't care about others.

Absolutely. It depends all in the interest that bitcoin are gaining to people which is now the highlight of the new market. Of course the more people uses and invest in the more brighter the future of bitcoin as the value will increases day by day. There are some hindrances but we're more optimistic that those as we see each day a moon behind the clouds.
Yeah now almost all the people are buying and investing in the bitcoin and this is the reason why the bitcoin is growing more and more. Now the use of the bitcoin is very easy and the transaction of the bitcoin is not taking very much time because all the people are having it and they are aware of the use and the technologies of the bitcoin so you are very safe for the future if you are using the bitcoin.
I do not think Bitcoin can guarantees our money always safe in Bitcoin. There are many cases have lost Bitcoin by hacker attack. You must to know, more digital, technology, the hacker will take advantage the bugs system to rob all money of the user. Unless, the user know the method to keep safe their money.

Do you know what bitcoin is? Do you know what cryptography is? I bet not. Alright, there are lots of cases who have lost their bitcoins but those are due to the person's negligence and not because bitcoin has some bug. If bitcoin has a bug in its system and someone is somehow able to get your private key or your wallet's seed, then that hacker can just look up the addresses with the most bitcoins and hack them. You see, there's nothing like that, right? That just proves that hackers haven't figured out a way to do that. I don't think they ever will, to be honest. The only way hackers can get through your private key is if you post them somewhere on the Internet, or your computer already has virus. Sometimes we also think that we have been attacked by some notorious hacker, when in fact it's only someone who lives in your house that opened your computer and get your private keys. I mean, why would a notorious hacker even hack you specifically if he's after the bitcoins that you are storing. A notorious hacker will not waste his time hacking you. He has got better targets to hack.

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November 01, 2017, 07:03:09 PM
 #654

What do you mean with Bitcoin economics? Does the economic of a country depend on the payment methods or does it depend on the volume of services and products created?
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November 01, 2017, 07:05:24 PM
 #655

What do you mean with Bitcoin economics? Does the economic of a country depend on the payment methods or does it depend on the volume of services and products created?

Both. Bitcoin is not only bitcoin, it comes with amazing blockchain features and this can be utilized to produce products and services at the same time developing the economic level of the countries.
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November 01, 2017, 08:06:54 PM
 #656

What do you mean with Bitcoin economics? Does the economic of a country depend on the payment methods or does it depend on the volume of services and products created?
yes bitcoin is special because it can be used for transaction processing and other uses so bitcoin is a coin that has very much usefulness

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November 01, 2017, 08:18:33 PM
 #657

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

No matter how good you are or expert in trading you will not be able to predict nor control the outcome of the market and the people who affects it through supply and demand but you can always hypothesize your every move and increase your chance of success by applying what you have learned and observing the market and the society that affects bitcoins.

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November 01, 2017, 08:18:41 PM
 #658

I totally agree with you, nobody in fact could predict what will happen with bitcoin or even with whole crypto. The future can be very bright or strongly dark. It depends mainly on mass adoption as you mentioned. If people will try hard to use( buy/ sell common stuff) bitcoin then it will become one and the only currency in common. But if things will go slowly then something would stop th whole project. So better is faster for us and whole tech industry.
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November 01, 2017, 10:03:27 PM
 #659

yes, no one can predict the future of btc, because it is volatile. there is little issue of decreasing or btc bans on big country to make its value fall. but it is only temporary and rising again. I hope btc will continue to survive and continue to increase.

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November 01, 2017, 10:47:24 PM
 #660

today more and more crypto coins are emerging, although bitcoin prices continue to rise but nobody can guarantee that bitcoin will have a good future
Yes its true but atleast that future is in the hands of many people who invests and believes that bitcoin will have a good future and not by rich individual who is fond of holding to make themselves millionaires  and don't care about others.

Absolutely. It depends all in the interest that bitcoin are gaining to people which is now the highlight of the new market. Of course the more people uses and invest in the more brighter the future of bitcoin as the value will increases day by day. There are some hindrances but we're more optimistic that those as we see each day a moon behind the clouds.
Yeah now almost all the people are buying and investing in the bitcoin and this is the reason why the bitcoin is growing more and more. Now the use of the bitcoin is very easy and the transaction of the bitcoin is not taking very much time because all the people are having it and they are aware of the use and the technologies of the bitcoin so you are very safe for the future if you are using the bitcoin.
I do not think Bitcoin can guarantees our money always safe in Bitcoin. There are many cases have lost Bitcoin by hacker attack. You must to know, more digital, technology, the hacker will take advantage the bugs system to rob all money of the user. Unless, the user know the method to keep safe their money.

Do you know what bitcoin is? Do you know what cryptography is? I bet not. Alright, there are lots of cases who have lost their bitcoins but those are due to the person's negligence and not because bitcoin has some bug. If bitcoin has a bug in its system and someone is somehow able to get your private key or your wallet's seed, then that hacker can just look up the addresses with the most bitcoins and hack them. You see, there's nothing like that, right? That just proves that hackers haven't figured out a way to do that. I don't think they ever will, to be honest. The only way hackers can get through your private key is if you post them somewhere on the Internet, or your computer already has virus. Sometimes we also think that we have been attacked by some notorious hacker, when in fact it's only someone who lives in your house that opened your computer and get your private keys. I mean, why would a notorious hacker even hack you specifically if he's after the bitcoins that you are storing. A notorious hacker will not waste his time hacking you. He has got better targets to hack.
So what do you mean then?if this about only the hackers issue why not use other ways not just focusing on computers? Hacking is always there but the main thing the economy that is functioning all the time. Most probably the future of bitcoin economics is upgrading knowing that it is a subject to make it better. I believe that through bitcoin economy will be in good hands.
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