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Author Topic: Predict what Bitcoin will be used for in the Year 2026  (Read 1843 times)
From Above
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June 29, 2016, 12:09:19 PM
 #1

Will we see massive innovation in the field of Bitcoin and Blockchain Technology till the year 2026?

Try to predict what the Bitcoin in particular and the Blockchain Technology at large WILL be used for within the next 10 years

~CfA~

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June 29, 2016, 01:33:19 PM
 #2

We can see lots of merchants around us accept bitcoin if those conditions are fulfilled :
1. There's service which allow people to accept bitcoin easily.
2. Government/National Banks declare bitcoin is legal as currency.
3. We already solve block size problem and ready to process at least 100,000 transaction per second.

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June 29, 2016, 02:09:56 PM
 #3

We can see lots of merchants around us accept bitcoin if those conditions are fulfilled :
1. There's service which allow people to accept bitcoin easily.
2. Government/National Banks declare bitcoin is legal as currency.
3. We already solve block size problem and ready to process at least 100,000 transaction per second.

That's one of the possibilities. The other one possibility is that bitcoin found a place in the museum...

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June 29, 2016, 02:20:04 PM
 #4

There can be:

  • Bitcoin ATMs and credit/debit cards
  • Bitcoin is accepted in restaurants
  • Solar power and other natural sources of electricity are widely used for bitcoin mining
  • Charities accept bitcoin as donation

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June 29, 2016, 02:30:30 PM
 #5

The most important fact is that by 2026 New Bitcointalk forum v2.0 will be officially released and out of beta (finally!).

-10 years quite some time, especially considering speed our technological progress. It is hard to predict how bitcoin will change during that time.

I imagine it will be exactly like Satoshi predicted - it will be either very large number of transaction in the future (meaning bitcoin will succeed), or none at all (BTC will fail).


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June 29, 2016, 02:35:27 PM
 #6

Will we see massive innovation in the field of Bitcoin and Blockchain Technology till the year 2026?

Try to predict what the Bitcoin in particular and the Blockchain Technology at large WILL be used for within the next 10 years

~CfA~
im pretty sure that bitcoin will be used way more than it is used at the moment as people will be more and more interested in this cryptocurrency i think  though thats just my predicion

i think that bitcoins will be used in all the shops so people will be able to buy nearly anything with bitcoins what will be really great thing as bitcoin would replace money then

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June 29, 2016, 02:41:51 PM
 #7

There can be:

  • Bitcoin ATMs and credit/debit cards
  • Bitcoin is accepted in restaurants
  • Solar power and other natural sources of electricity are widely used for bitcoin mining
  • Charities accept bitcoin as donation

the predictions are pretty good dude, I also agree if this prediction could come true. Because every need will be much easier to do with bitcoin and everyone can have a very good advantage when using bitcoin. So I wanted to see and feel yourself this happens
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June 29, 2016, 02:43:04 PM
 #8

the area no one seems to talk about much is a machine to machine economy. if something like that takes off then bitcoin might be all around everyone and they won't even know it.

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June 29, 2016, 02:43:51 PM
 #9

Will we see massive innovation in the field of Bitcoin and Blockchain Technology till the year 2026?

Try to predict what the Bitcoin in particular and the Blockchain Technology at large WILL be used for within the next 10 years

~CfA~
I see on some bitcoin news site, the blockchain system is so popular and many legal institutions want to adopt this system.
maybe in 2026 all of the instituion will use an this system and all the payment system is changing to be more comfortable and Essien.

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June 29, 2016, 02:46:12 PM
 #10

Most of the online stores accept bitcoin directly if the price becomes stable within certain limits. Also banks would start adopting the Blockchain technology as the digital currencies will be competing hardly with the banking system.

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June 29, 2016, 02:50:10 PM
 #11

Well, in 2026 I think bitcoin has been highly developed, even bitcoin might be considered very expensive. moreover, perhaps at that moment all the stores already accept bitcoin as legal tender, even countries. perhaps in the year, you can already use bitcoin on android that you use very easily

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June 29, 2016, 02:51:54 PM
 #12

Digital gold for gold bugs.

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June 29, 2016, 03:36:05 PM
 #13

Will we see massive innovation in the field of Bitcoin and Blockchain Technology till the year 2026?

Try to predict what the Bitcoin in particular and the Blockchain Technology at large WILL be used for within the next 10 years

~CfA~

I can only primarily see that bitcoin will be accepted as a store of value and as a safe haven commodity like gold. While this is limiting, it's the other platforms, like Ethereum or Factom, that will be the ones pushing blockchain technology to a myriad of real world uses. We are already seeing that trend happening right now.

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June 29, 2016, 03:42:54 PM
 #14

It will be worth millions of dollars due a lot of capital in offshore accounts, derivatives, socks and gold moving into the blockchain.



Each coin will be worth a fortune. That's why all those people trying to wait for corrections to get in are idiots that don't understand it doesn't even matter in the long term.


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June 29, 2016, 03:45:50 PM
 #15

2026, multiple halving will have occurred, the value will be relatively high, assuming the value doubles every halving and assuming we start from $630, Bitcoin will be valued at $2,520/Bitcoin, and more than likely the market and governments will be taking more interest in something with a roughly $30 billion market cap.

Bitcoin will still be used for what it is now, maybe smart contracts will be seen or confirmed through the blockchain, and maybe there will be more adoption or people getting involved, or maybe Bitcoin will be dead by then. I have no idea.














 

 

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June 29, 2016, 03:56:51 PM
 #16

2026, multiple halving will have occurred, the value will be relatively high, assuming the value doubles every halving and assuming we start from $630, Bitcoin will be valued at $2,520/Bitcoin, and more than likely the market and governments will be taking more interest in something with a roughly $30 billion market cap.

Bitcoin will still be used for what it is now, maybe smart contracts will be seen or confirmed through the blockchain, and maybe there will be more adoption or people getting involved, or maybe Bitcoin will be dead by then. I have no idea.

2,520 dollars per Bitcoin is shit nothing for a 10 year prediction. You are being victim of the so called "normalcy bias" where you cannot fathom increments in price that may be unrealistic for the people that can't really put things into perspective.

In 10 years block reward will be about 2.25 BTC



Also in 10 years World Economic Forum is predicting that 10% of world assets will be in blockchain:




So the only outcome is: By 2027 Bitcoin will be worth a lot more than 4 figures per coin.


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Kprawn
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June 29, 2016, 05:12:42 PM
 #17

I see a Bitcoin much different to the one we seeing now... It will have different technologies built on top of it, like we see with the Lightning network and SegWit etc.. and all of this will not be noticeable

by the general public. They will be using the technology without even knowing it.. like we see with TCP/IP and all the other protocols on the internet. All this negative stigma will be a thing of the past,

and people will realize that there are much more to Bitcoin than it seems.  Roll Eyes

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nejibens
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June 29, 2016, 05:16:25 PM
 #18

I think in 2026 Bitcoin will be used as main payment processor in the most famous marketplaces online like ebay, amazon and so on.

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June 29, 2016, 05:19:05 PM
 #19

We can't be sure what will happen in ten years for now but i believe that besides the price increase bitcoin will be much more popular than it is atm and we will be able to find more stores/sellers that accept it for their payments.
Vikingr
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June 29, 2016, 05:33:58 PM
 #20

In that age I hope that a number of governments will have accepted bitcoin as a legal currency in their countries and their banks will work with bitcoin, and banks will also have their wallets for their members.

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