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Author Topic: Bitcoin in the year 2100  (Read 14311 times)
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December 07, 2016, 04:37:01 PM
 #241

it will be a dream where anything is possible anybody can earn and anybody can spend money as they want and ofcource the security level will become stronger with time
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December 08, 2016, 12:43:29 PM
 #242

What will the Bitcoin network look like in the year 2100?  Will people still be running and using Bitcoin?

So Exciting.  What will the world look like in 2100?  Will Bitcoin play a part in it?

~CfA~
i think this is stupid question , because no one person who knows all about in future

 
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December 08, 2016, 01:12:23 PM
 #243

I believe bitcoin might be running successfully, and our future generations were the users of that time. Most of the bitcoin users believe upon the calculation made by the programmers that it will run till 2140 and based upon the adoption things could be changed.

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December 08, 2016, 04:48:51 PM
 #244

it is still very long, but I feel that when it bitcoin has been accepted as currency by a country, or a bitcoin will be accepted by all countries as an alternative to payment. you might be able to use bitcoin at any store that you want. You can also redeem bitcoin that you have become money in the atm machine

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December 08, 2016, 04:52:45 PM
 #245

Impossible to know exactly how Bitcoin will be in the year 2100. It can rule the world as the main currency of planet or it can be worthless if another digital currency takes the position of Bitcoin.
We are talking about 84 years, 8 decades and half, many events can happen in this time. I just hope the Bitcoin will be more popular and more people start using it.

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December 08, 2016, 05:06:58 PM
 #246

Impossible to know exactly how Bitcoin will be in the year 2100. It can rule the world as the main currency of planet or it can be worthless if another digital currency takes the position of Bitcoin.
We are talking about 84 years, 8 decades and half, many events can happen in this time. I just hope the Bitcoin will be more popular and more people start using it.

I agree that it is really impossible to know the exact value of Bitcoin in year 2100.  Anything is possible to happen, probably some stronger altcoin will overtake bitcoin or bitcoin still reign as king of all crypto.  There maybe someone among the member of this forum who is still alive by that time Cheesy  I hope he can look back at this forum especially this thread and more probably will laugh in our predictions LOL.

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December 08, 2016, 05:13:46 PM
 #247

i guess by the year 2100 the price  of bitcoins would rise up to 1 million dollars and some people will be the powerful persons in the world who have the most number of bitcoins in the world .maybe there will be too much drugs too in the market and the black market would increase a lot .
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December 08, 2016, 05:14:59 PM
 #248

who knows what will happen with Bitcoin tomorrow or in the year 2100?
Maybe after few years Government decides to ban this Bitcoin thing or maybe Bitcoin will be $21000 worth in the year 2100.
Maybe I have to take new birth to know what will happen with Bitcoin in the year 2100. Smiley

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December 08, 2016, 06:46:38 PM
 #249

What will the Bitcoin network look like in the year 2100?  Will people still be running and using Bitcoin?

So Exciting.  What will the world look like in 2100?  Will Bitcoin play a part in it?

~CfA~

2100 don't you think it's a Lil far, cause like they say in the long run we all die. Coming to your question look where Bitcoin was, hardly people knew and where today it is. Every one wants a bite of it. Every one wants it as primary currency, who knows all countries decide to scrap their currencies and just use Bitcoin, all have same value, all stable and stronger. That's what I would love to see in 2100
That's actually too far from now and we may even be dead that time, I cannot wait for that time to enjoy what bitcoin can give me. It's not only holding in the long run that gives bitcoin a benefit, also by participating in the active market we can earn money so why wait too long when you cannot enjoy your hard work anymore.
yes that is a fact, i think we should only think about the future of bitcoin but no too far. to me bitcoin will continue increasing and in future we will be able to use  bitcoin as a legal currency
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December 08, 2016, 07:52:03 PM
 #250

2100? This is 22nd century. Will human nation survive until that year? This is just to far to even think about it. Wew don't have to be worried with so distant future, only the near one. And the near future of Bitcoin looks bright. The price is moving up, it's becoming more accepted each  day so let's just look forward what is shortly in front of us.

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December 08, 2016, 08:34:20 PM
 #251

2100? This is 22nd century. Will human nation survive until that year? This is just to far to even think about it. Wew don't have to be worried with so distant future, only the near one. And the near future of Bitcoin looks bright. The price is moving up, it's becoming more accepted each  day so let's just look forward what is shortly in front of us.
One simple answer, if human will be able to servive till 2100 along with Internet then I guess there will be no problem for bitcoin by the year 2100.

By a rough estimation the mining process of bitcoin will need more than hundred years to complete mining of all 21M bitcoin. So, even in the year 2100 people will be speculating about future of bitcoin price levels but in millions.

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December 08, 2016, 08:59:34 PM
 #252

Or maybe if the history of payment, credit and debit cards is any indication Bitcoin could end up as Diner's Club. Diner's Club was the first mover, is still around but for the most part is not much relevant. https://www.dinersclub.com/about-us/history.

The mistake that Diner's Club made is that their business model is based upon the costs of data processing in the 1940's, using the technology of the time namely tabulating machines, punched cards and telegraph lines.

https://en.wikipedia.org/wiki/Tabulating_machine
https://en.wikipedia.org/wiki/Punched_card
https://en.wikipedia.org/wiki/Telegraphy

There is a very important lesson here no just for Bitcoin but also for alt-coins.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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December 08, 2016, 09:19:23 PM
 #253

In the year 2100, there are only two possibilities that might happen in bitcoin. The first possibility is that it's price is higher than today and it will be used by many people for transactions online or offline. It will be used not only by a percent of the world's population but 90% of the world's population will use it. The second possibility is that bitcoin is a worthless coin like the other altcoins in year 2100 because people don't use it anymore. It is also possible that a bitcoin v2.0 has been invented by that year.
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December 08, 2016, 09:21:53 PM
 #254

Maybe in year 2100 bitcoin may still be at the top of all cryptocurrency and get adopt by many countries around the world.But there is a possibility that bitcoin network will be down and bitcoins prive will fall and get replaced by another altcoin
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December 08, 2016, 09:49:50 PM
 #255

Look at the changes in the last 80 years. In 2100 there will everything re-invented. They will laugh at bitcoin like we do about horse and buggy.
Not necessary even if bitcoin is obsolete by that time, most people have very deep respect and admiration for the first of any invention, just look at the first plane, now every other plane is faster than it and still we admire the plane and those that built it.
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December 08, 2016, 10:34:39 PM
 #256

i dont mind what the price would be by 2100 because i am certain that i wont be alive by that time but i would like to tell that technology keeps changing and who knows what the state of digital currency would be 20 years from now.
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December 09, 2016, 02:58:36 AM
 #257

i dont mind what the price would be by 2100 because i am certain that i wont be alive by that time but i would like to tell that technology keeps changing and who knows what the state of digital currency would be 20 years from now.

Yes you are right, even if it is very valuable or the price deflates if we are dead by that time then it is useless. So i will no longer mind myself of thinking about what happen to bitcoin at that time. Maybe I will adjust the year to 2021 because at that time I am still young and if bitcoins price will reach 10k$ I will be very thankful and I will buy a house and lot. I appreciate the authors idea but I just want to be realistic.
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December 09, 2016, 04:32:29 AM
 #258

What will the Bitcoin network look like in the year 2100?  Will people still be running and using Bitcoin?

So Exciting.  What will the world look like in 2100?  Will Bitcoin play a part in it?

~CfA~

None of us can't predict what will happen in the near future or tomrrow, just important matter now is the price value of bitcoin is quietly good as of the moment. But we can make an assessment about it or different speculation regarding bitcoin.
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December 09, 2016, 06:52:47 AM
 #259

What will the Bitcoin network look like in the year 2100?  Will people still be running and using Bitcoin?

So Exciting.  What will the world look like in 2100?  Will Bitcoin play a part in it?

~CfA~

None of us can't predict what will happen in the near future or tomrrow, just important matter now is the price value of bitcoin is quietly good as of the moment. But we can make an assessment about it or different speculation regarding bitcoin.
Well, you have a point there but our job here is to predict the future especially if we are an investor or a trader. The future should bright for bitcoin and that positive thinking will make us successful as it will result to increasing of adoption that every investor have been dreaming. The more it will be poplar, the more our money will grow.

.
.Duelbits.
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December 09, 2016, 07:20:47 AM
 #260

i dont mind what the price would be by 2100 because i am certain that i wont be alive by that time but i would like to tell that technology keeps changing and who knows what the state of digital currency would be 20 years from now.

Yes you are right, even if it is very valuable or the price deflates if we are dead by that time then it is useless. So i will no longer mind myself of thinking about what happen to bitcoin at that time. Maybe I will adjust the year to 2021 because at that time I am still young and if bitcoins price will reach 10k$ I will be very thankful and I will buy a house and lot. I appreciate the authors idea but I just want to be realistic.

Even if we're all already dead at the year 2100, wouldn't you guys reproduce before you die? Of course you would. Looking for a long term investment like this would benefit even your grandson or maybe even your grandson's son. You can always pass on your bitcoin to your son and he'll be really happy to be rich by then.

Don't just think of yourself but also think of your future family that would definitely live long enough to reach the 22nd century. Maybe you're not the one who's going to enjoy all these money but your kids will definitely be forever thankful to you for investing money for their future.

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