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Author Topic: Future of Bitcoin Economics  (Read 34275 times)
howtobuy
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November 01, 2017, 10:52:41 PM
 #661

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

Nobody can tell the future. And I fully agree that mass adoption will determine the faith of bitcoin and whole crypto phenomena. But since so many people are talking about and buying those coins - mass adoption is imminent.
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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corybrackett
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November 01, 2017, 11:09:39 PM
 #662

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
It's call blockchain system and it's needed miners to running and processing the transaction from this address to others address. But this is the "action" technology, very potiental.
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November 01, 2017, 11:10:49 PM
 #663

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

Nobody can tell the future. And I fully agree that mass adoption will determine the faith of bitcoin and whole crypto phenomena. But since so many people are talking about and buying those coins - mass adoption is imminent.
It is hard to predict the future of bitcoin economy, because due to high value of selling price of bitcoin in the market, more people were lessen to buy stocks of bitcoin in the market. However in returns more investors are attracted to buy bitcoin due to good selling price also they believe that it will be more expensive that before when days coming.
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November 02, 2017, 12:28:56 AM
 #664

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


That is true, nobody can predict until when bitcoin will last, doest btc will last up to 5-10 more years. That is correct, btc's future depends on the adoption of the people.

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November 02, 2017, 02:30:08 AM
 #665

Nobody can predict about future of bitcoin but maybe we can just say that the future of bitcoin is very bright and we already seen it in last couple months.The percentage of it's price getting high is enough to tell us about it's future

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November 02, 2017, 03:41:28 AM
 #666

In the future bitcoin will be a very strong invasive commodity, because if we look at the price development chart of the past few years, bitcoin has a very significant price increase and it will continue for the next few years.
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November 02, 2017, 04:16:23 AM
 #667

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Still much more predictable than the future of fiat currency, which doesn't look good, BTW.

At least with Bitcoin you know how many coins will ever exist, whereas in the case of fiat, governments can print money at any time.
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November 02, 2017, 04:58:51 AM
 #668

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Still much more predictable than the future of fiat currency, which doesn't look good, BTW.

At least with Bitcoin you know how many coins will ever exist, whereas in the case of fiat, governments can print money at any time.
Fiat currecy just a tool by the goverment to control the financial and economic sector. About the future of the fiat that can't be determined caused by the fiat depends on the goverment itself.
The government has used the polics issue to manipulation the fiat money, the government can print it anytime.
Bitcoin was very different with the fiat money.
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November 02, 2017, 05:17:22 AM
 #669

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
No doubt in it and I think there is no one who can claim the dark future of bitcoin coming ahead. Bitcoin have made such an incredible history of turning a huge population towards itself in such a short time span. They can easily make you rich if you can focus better on how to get it. Everything is just easy, the only need to observe and plan accordingly. Get into bitcoin and enjoy.

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November 02, 2017, 06:38:48 AM
 #670

Yes. I agree with you. No one can predict whether the price or the value of bitcoin gets higher or dump. And no one can knows the future of bitcoin.
Yeah you are right the price of the bitcoin is unpredictable and the value of the bitcoin is increasing more and more so if you will buy the bitcoin and will hold for the long time, the value and the income of the bitcoin is getting high and the it is the time for all the people who are having the bitcoin as the bright future and to hold for the long time, so buy bitcoin and hold till the value and the price of the bitcoin will be very high.
we can just predict the price of the coin by seeing its previous performance or its characteristics or its functionalities. in the case of bitcoin we have already seen the price shoot up from scam to that level. we can easily predict about future of the bitcoin because the use of bitcoin is trusted and safe so people are trusting it and there is rapid bitcoin use by them , so here no doubt that the future of bitcoin much bright than other currency.
Analysic not only depend on the history chart price to create the strategy for you. You want to trading, you need to know the volume trading, the demand and supply (orderbook buy/sell). These things are the base of technical analycic.
Trading is no doubt very much technical kind of thing and you actually need to teach a lot many things if you want to do well in the world of trading. As far as future of bitcoin economics is concerned, I am very much positive that bitcoin is going to have a very bright future not only of itself but also for the ones who are investing in bitcoin. Bitcoin is going to change the economics of world.
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November 02, 2017, 08:41:06 AM
 #671

Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
Still much more predictable than the future of fiat currency, which doesn't look good, BTW.

At least with Bitcoin you know how many coins will ever exist, whereas in the case of fiat, governments can print money at any time.

Actually we all know how many fiat money will exist in the future. And the answer is infinite. The purchasing power of all fiat money right now is going down. One day you'd think you already have plenty of money and you'd be correct. But in reality, that "plenty" amount of money will not be that much once you start buying things. Everything is expensive because the purchasing power of our money has gone down a lot.

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

Nobody can tell the future. And I fully agree that mass adoption will determine the faith of bitcoin and whole crypto phenomena. But since so many people are talking about and buying those coins - mass adoption is imminent.

Honestly even if we just stay with this amount of population with just very little growth in the future, we will be alright. We are going to be alright unless no one's using bitcoin at all. Mass adoption being imminent is true but when is it going to actually happen? Mass adoption can be done next year, next decade, or next century. All will depend on how are people going to react with bitcoin. Are they going to love it, are they going to know about it but not use it. Pretty much the future of bitcoin economics depend on the users and nothing else.

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NelfiNovita
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November 02, 2017, 09:09:09 AM
 #672

the future of bitcoin economy will be better than it is now. if more and more bitcoin users will drive the bitcoin economy. the rising bitcoin price makes me even more diligent in finding bitcoin.

bitcoinisbest
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November 02, 2017, 09:14:39 AM
 #673

the future of bitcoin economy will be better than it is now. if more and more bitcoin users will drive the bitcoin economy. the rising bitcoin price makes me even more diligent in finding bitcoin.

So far so good as price is rising people who had made good amount of investment in this segment are reaping the rewards and making their money grow quickly which is not possible anywhere else. Considering this demand may increase more when we have more good news and prices are tend to rise .
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November 02, 2017, 10:23:55 AM
 #674

Bitcoin is already part of the new era of the international economy and it is changing everything around. I think the cost will grow further. I propose that traditional banking systems will still want to control bitcoin. At that moment, it reminds me of the struggle between oil owners and eco-activists of developing renewable energy Cool
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November 02, 2017, 11:11:01 AM
 #675

It is true that bitcoin is increasing rapidly and is accompanied by an increasingly high value that is able to attract all parties to join bitcoin and run their business in bitcoin with various activities they can do to earn income from bitcoin. Really the future of a good future can be pioneered with bitcoin.
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November 02, 2017, 12:37:28 PM
 #676

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

I think bitcoin will be one of the most successful thing that happened in this century in which it contributes a lot from each country's economic status, I think it will help our very own industry to lessen society's currently issues and it may be solved by bitcoin or some of it. Bitcoin will be proxy type of income for those who doesn't have stable job yet, and it is very helpful.
You are right it is not just the speculation but all the things are involved the economies is increasing the bitcoin and the value of the bitcoin will be more than this in the future as fast as the bitcoin getting in the economics and the other department are now having eh bitcoin and they will increase the money in the bitcoin for sure and the bitcoin will have the bright future now.
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November 02, 2017, 12:56:50 PM
 #677

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

I think bitcoin will be one of the most successful thing that happened in this century in which it contributes a lot from each country's economic status, I think it will help our very own industry to lessen society's currently issues and it may be solved by bitcoin or some of it. Bitcoin will be proxy type of income for those who doesn't have stable job yet, and it is very helpful.
You are right it is not just the speculation but all the things are involved the economies is increasing the bitcoin and the value of the bitcoin will be more than this in the future as fast as the bitcoin getting in the economics and the other department are now having eh bitcoin and they will increase the money in the bitcoin for sure and the bitcoin will have the bright future now.

Indeed the price of BTC in the end will not be relevant, it already made some of the early adapters rich and it might continue to rise and shine, More important for me is that BTC is the first world currency. It has the potential to simplify business transactions around the globe! The reduction in cost that global businesses could have by using one currency could be tremendous and hence BTC would create more value and more global economic growth.
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November 02, 2017, 01:36:56 PM
 #678

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

Yeah no one can predict that, but some other prediction will happen, well all i want for now is to continue the good value of bitcoin for now, and i think this will be much more value before the end of the year.
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November 02, 2017, 03:22:45 PM
 #679

I'm sure the bitcoin economic future will be greatly improved, this is because all the loyal users and new users continue to grow so it will improve bitcoin performance.
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November 02, 2017, 03:40:46 PM
 #680

As long as people are still adopting Bitcoin, Bitcoin will survive. The more people who operate Bitcoin, the higher the value of Bitcoin. and as long as Bitcoin still shows its existence, Bitcoin will provide its distribution to the economy of its users, it is the law of Bitcoin, though no one can predict with certainty, I think Bitcoin will still exist in the future.
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